Automotive Business Point

 Due to the rising concerns being raised over the environmental pollution and damage caused by the oil- and gas-powered vehicles, the governments of various ASEAN (Association of Southeast Asian Nations) countries are enacting regulations for automobile manufacturing and encouraging the usage of electric vehicles, in place of the conventional oil- and gas-powered ones. Moreover, several governments are also launching schemes, in the form of subsidies and financial incentives, for fueling the deployment of electric vehicles. Request to Get the Sample Report:   https://www.psmarketresearch.com/market-analysis/asean-electric-vehicle-market/report-sample As the adoption of electric vehicles can massively reduce the emission of carbon dioxide, the governments of several ASEAN countries are implementing policies aimed at propelling the sales of these vehicles. Many governments are launching incentive schemes to boost the adoption of electric vehicles in transport fleets. For example

In the 1950s, less than 20% of the Chinese people were urban dwellers, and by 2018, this percentage had soared to 59%, as per the  World Urbanization Prospects 2018  report of the United Nations (UN). This has led to a massive rise in the number of automobiles on the roads of China, in part, making it the largest carbon emitter in the world. As a result, its government has been strongly encouraging the public to adopt electric vehicles (EV) by implementing stringent emission regulations and offering purchase subsidies and tax rebates. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/china-electric-scooters-and-motorcycles-market/report-sample P&S Intelligence says that the increasing urbanization level, which is expected to touch almost 70% by 2030, will drive the  Chinese electric bike market  from $7.7 billion in 2017 to $12.5 billion by 2025, at a 6.1% CAGR during 2018–2025 (forecast period). As per the Health Effects Institute and Tsi

The global vehicle-to-vehicle communication market is predicted to reach a value of $77.1 billion in 2030, increasing from $14.5 billion in 2019, progressing at a 16.6% CAGR during the forecast period (2020–2030). The key factors leading to the growth of the market are the increasing demand for enhanced safety features in vehicles, existence of supportive government regulations, and growing adoption of connected vehicles. When vehicle type is taken into consideration, the market is divided into commercial vehicle and passenger car. On the basis of deployment, the V2V communication market is categorized into aftermarket devices and original equipment manufacturer (OEM) devices. Between these two, the OEM devices category accounted for the larger share of the market during the historical period (2015–2019), owing to the fact that most of the vehicle manufacturers offer in-built systems in their vehicles. In addition to this, these devices also provide highly precise information and cont

The rising demand for smoother road traffic and safer driving is fueling the popularity of automotive telematics solutions in Germany. Road traffic jams, deaths, and serious injuries are some of the undesirable outcomes of road travel. Moreover, human error is the leading cause of road accidents and crashes. Human drivers are more likely to make errors such as the speeding and the inability to accurately gauge the safe distance from the front vehicle and the surroundings than advanced technology-based systems. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/germany-automotive-telematics-market/report-sample As per the provisional results of the Federal Statistical Office (Destatis), more than 1,281 deaths were recorded in Germany during the first six months of 2020. This can be significantly reduced with the integration of various telematics solutions in vehicles. These solutions provide a very safe driving experience to drivers. Besides these factor