Automotive Business Point

The adoption of autonomous cars has increased tremendously in Europe over the last few years and is predicted to rise even more in the coming years. The main reason promoting the deployment of autonomous cars in this region is the presence of favorable laws for the adoption of autonomous cars in many European countries. The policies pertaining to the intellectual property, product liability, corporate /M&A transactions, and cybersecurity in several European countries are very favorable for the development and sales of autonomous cars. Request to Get the Sample Report:   https://www.psmarketresearch.com/market-analysis/europe-autonomous-car-market/report-sample The regulatory policy recently implemented in Spain is the biggest example of such favorable policies related to autonomous vehicles. The Directorate General of Traffic (DGT) collaborated with Mobileye in 2017 for preparing an infrastructure ecosystem and favorable regulatory policy in the country for autonomous vehi

The world economy has gone global, and almost all the products are now available online. Keeping up with the practice of online shopping, the automobile industry has also gone virtual. Automotive e-tailing, a product of this new practice, refers to the selling of automotive components online. Components, such as tires and wheels, interior accessories, powertrains, infotainment multimedia consoles, and electrical and electronic products, can all be bought over the internet. The automotive e-tailing environment caters to the demand generated by the owners of passenger cars, two-wheelers, and commercial vehicles. With a transparent logistics and distribution network, the demand for automotive components has increased in recent years. Owing to this exponential increase in demand, the automotive e-tailing market generated $26,064.0 million in 2016, and it will advance at a CAGR of 13.1% during 2017–2023,to generate over $59,4000.0million by 2023.The increasing penetration of the internet an

 The increasing replacement sales of buses in China is resulting in the rising demand for electric buses. About one-third of the few million buses/coaches in China, accumulated over the last decade, are more than five years old. These conventional buses are predicted to be replaced by new electric buses in the coming years. In addition to this, the government of the country is increasingly focusing on increasing the number of electric buses in the transportation system. The penetration of electric buses is expected to be faster than that of other electric vehicles, such as cars, as persuading hundreds of bus operators to choose for the new technology is easier than convincing millions of car buyers to do the same. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/china-electric-bus-market/report-sample According to a report by P&S Intelligence, in 2017, the electric bus sales in China were 104.3 thousand units, which is expected to reach 1

Daily commuters across the globe, including Europe, face numerous problems on the roads. One of the major problems is that of the surging number of vehicles on the roads, which result in road congestion, especially during peak hours. As the disposable income of people has risen significantly in the past few years, owing a vehicle has become quite easy, which has led to an increased number of vehicles on the roads. More than €110 billion annually are spent on road congestion in Europe, which is why the mitigation of this problem is a key concern in the region. As per a P&S Intelligence report, the electric two-wheeler sharing market in europe is predicted to generate a revenue of $597.2 million by 2025, advancing at a 35.0% CAGR during the forecast period (2019–2025). Two-wheeler sharing services are offered via kick scooters and scooters/mopeds. Between these two, electric scooter/moped were more in demand in the past, as a significant number of companies in Europe offer shared m

One of the biggest factors propelling the demand for advanced driver assistance systems (ADAS) in India is the rising incidence of road accidents in the country. Since the last few years, there has been a massive surge in the prevalence of road accidents and fatalities in the country, which have consequently boosted the need for the installation of ADAS in vehicles in order to improve vehicular safety. The Government of India (GOI) intends to make the integration of ADAS in passenger vehicles mandatory by 2022, in order to reduce the incidence of road accidents in the country. The other important factors responsible for the surge in the demand for ADAS in India are the soaring disposable income of people and the increasing demand for vehicles equipped with automated artificial intelligence (AI)-driven systems. Nowadays, people are preferring vehicles equipped with various types of advanced systems, mainly on account of their higher purchasing capability and the rapid technological adv

With the rising environmental degradation and the deteriorating air quality levels in the major cities and towns, the government at both the state and central levels in India are focusing on promoting the deployment of eco-friendly modes of transportation such as electric rickshaws (e-rickshaws). As a result, there has been a sharp surge in the enactment of strict environment protection laws in the country. These laws are aimed at reducing the usage of fossil fuel-powered vehicles. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/indian-e-rickshaw-on-demand-ride-hailing-industry/report-sample In recent years, several projects have been launched by the regulatory authorities for mitigating the pollution levels in the country. For example, in order to provide a convenient mobility option to commuters and improve the last-mile connectivity from metro stations, the Delhi Metro Rail Corporation (DMRC) officially started the first E-Rickshaw service in