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Because total VMT depends, in part, on the size of the population, of interest in this study was the variation among the states in vehicle miles traveled per person (VMT per person). The results show that VMT per person in 2018 ranged from 18,072 miles in Wyoming to 5,261 miles in the District of Columbia. Census Bureau.
The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. Residential storage has a CAGR of 76% and $8 billion revenue increase over the next three years, followed by personal mobility with a CAGR of $49% and $4.6 billion revenue increase.
The focus here is on distance driven per person as opposed to total distance driven (which depends, in part, on the continuously increasing size of the U.S. The main findings concerning distance driven per person (summarized in the table below) are as follows: An increase of 40.9% population). Earlier post. ) A decrease of 9.0%
The focus in this series is on vehicles per person, as opposed to total number of vehicles (which depends, in part, on the continuously increasing size of the U.S. The main findings (summarized in the table below) are as follows: Vehicles per person increased by 18.2% In comparison, distance driven per person is down by 4.9%
Since 2011 , I have periodically examined changes in the proportion of persons with a driver’s license as a function of age. The results showed that between 1983 and 2014 there was a substantial decrease in the licensing of younger persons, with an increase in the licensing of older persons. for those 50 to 54.
Speaking to EV Central , Tesla Australia country director Thom Drew said he was personally confident the Cybertruck would make its way here to provide an EV alternative to the RAM 1500, Chevrolet Silverado, Ford F-150 and Toyota Tundra as well as others in the SUV market. Im personally confident we can get it across the line.
This reflects a continuous shift in consumer preference towards personal mobility, fueled by the COVID-19 pandemic, as car ownership today is seen as a safeguard against the risk and spread of infection. Meanwhile, 78% of consumers will opt for using their personal vehicles over taking public transport.
The company will begin clinical trials of its XoMotion exoskeleton in late April, initially testing a version intended for rehab facilities as a stepping stone toward a personal-use exoskeleton that people like Angus can bring home. How Do Self-Balancing Exoskeletons Work?
The market has grown tremendously over the last decade and a half, so today there is a range of choices, and it will just get better with time. The post Personal: My Ongoing EV Adventure first appeared on Clean Fleet Report. Im now on my third different one in eight years, the popular Hyundai Ioniq 5.
CFRA Research analyst Garrett Nelson claims that Tesla (NASDAQ:TSLA) stock is trading at a fraction of its market potential. He argued that Tesla owners would be against including a personal vehicle in a publicly-used fleet. Nelson believes Tesla’s robotaxi business will drive the stock to higher heights.
In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.
Amid all the doom and Boomer gloom about EV sales (as Ive mentioned before, a shocking proportion of Boomers/Old People seem to be scared and angered by electric cars), I was stunned to learn recently that BMW buyers, and their close relatives in the Mini market, are snapping them up at an incredible rate.
Tesla will post its financial results for the fourth quarter and full year ended 31 December 2022 after market close on 25 January 2023. The event will be live streamed from Gigafactory Texas, with the option for some institutional and retail investors to attend in person. Tesla will host its 2023 Investor Day on 1 March 2023.
The portfolio of digital services and on-demand features in the Mercedes me Store is constantly expanding, offering customers the opportunity to personalize their vehicles further even after the purchase. Mercedes-Benz plans to launch Mercedes pay+ in other European markets in 2023.
The VF32 and VF33 electric versions will be sold in the US, Canada and Europe markets from 2022. The launch of high-tech electric vehicles, including electric scooters, electric buses and personal electric cars, is part of VinFast’s roadmap since entering the automotive market 3 years ago.
Users can “lend” the digital key to another person or allow only specific functions, such as opening or closing the trunk, using a smartphone app. In addition, it can provide a driver with personalized driving environment. at a glance as well as control the vehicle. million units in 2020 to 28.9 million units in 2025.
Visual summary of regression model findings estimating TNC market entry effects on vehicle ownership, fuel economy, and transit ridership. So vehicle adoption by Uber and Lyft drivers may outweigh the effect of riders getting rid of their personal vehicles. —CMU Professor Jeremy Michalek, corresponding author.
We look forward to working with ASX, an early pioneer in the emerging urban air mobility market. This collaboration gives Spirit the opportunity to bring our world-class capabilities to this important future market for logistics and personal transportation.
This expansion follows NIO’s entry into the Norwegian market last year. NIO Subscription is designed to offer maximum flexibility and personalization to encourage EV use. NIO is committed to a comprehensive battery charging system in the new markets.
With more electric vehicles on the market than ever, the fueleconomy.gov site has new features this year to help shoppers pick the best EV for their needs and budget. Consumers can personalize estimates for their annual miles and local fuel prices, for example. Interest in EVs is clearly increasing as more models come on the market.
The main findings are as follows: Middle-aged persons purchased proportionally fewer vehicles in 2017 than in 2007 (down from 29% to 14% for those 35 to 44, and from 24% to 20% for those 45 to 54). Power and Associates.) The results are shown in the table below.
The award was presented by John Catterall, vice president of AISI’s automotive program, at the 20 th annual Great Designs in Steel (GDIS) in-person symposium at Suburban Collection Showplace in Novi, MI. Award winners are chosen from presenters at the previous year’s GDIS seminar.
If today’s demand for EVs is projected to 2050, the lithium requirements of the US EV market alone in 2050 would require triple the amount of lithium currently produced for the entire global market. This boom in demand would be met by the expansion of mining. 2°C of warming.
The company plans to make bi-directional charging available in the future, starting with selected markets. A smartphone serves as the car key and automatically unlocks the car and starts a personal welcoming sequence as you approach. A personal profile will also be loaded automatically upon entering the car.
Envisioning the future market environment, uses and technological advancements, Honda is exploring a range of future personal-use models including ones equipped with a power source besides swappable batteries. Commuter EVs. Honda plans to introduce two commuter EV models between 2024 and 2025 across Asia, Europe and Japan.
The Mercedes-Benz EQB electric SUV ( earlier post ) is arriving on the US market this summer, with the the 2022 EQB 300 4MATIC starting from $54,500 and the EQB 350 4MATIC from $58,050. The EQB SUV will be offered in two trim levels for the US market: Exclusive and Pinnacle. Mercedes-Benz unveiled the EQB at Auto Shanghai in 2021.
Having pioneered the EV market in India, we have successfully led its growth and penetration over the last couple of years. We are confident that this move will help more and more customers embrace EVs as their preferred mode for personal mobility. Deliveries are scheduled to commence from January 2023.
03 April 2025 Read next Painful petrol performance in France amid hybrid growth 02 April 2025 Read next Monthly Market Update: Used-car sales pick up speed in March 01 April 2025 Read next How many EV batteries were produced globally in 2024? The latest data from ANFAC shows that the new-car market improved by 14.1% to 19,225 units.
A personalized experience onboard the vehicle (In-Car services) to adapt to driving behaviors, often-used destinations such as EV Charging Stations, etc. This supports first use cases in development, such as: Predictive maintenance and better detection and rectification of failures in near real time if necessary.
As Wisk’s go-to-market aircraft, Generation 6 represents the first candidate for type certification by the FAA of an autonomous eVTOL. This approach is core to the company’s overall strategy and is most importantly a critical element in bringing one of the safest systems to market in aviation.
James Breyer founded Hercules Electric Vehicles in 2018 with a vision to bring luxury eco-utility products to market, beginning with an electric pickup truck and followed by other electric mobility products. Hercules expects to demonstrate its first drivable architectural mule in April 2021.
By combining AYRO’s end-user, market intelligence and engineering expertise with KICC’s manufacturing capabilities and development experience, the companies aim to deliver light-duty trucks and electric delivery vehicles to businesses across the US. Texas-based AYRO, Inc.,
At IAA Mobility, during his first in-person keynote since taking the helm of Intel in February, CEO Pat Gelsinger predicted that semiconductors will account for more than 20% of the total premium vehicle bill of materials (BOM) by 2030. That represents a 5x growth rate over 2019’s 4% figure.
HyPoint‘s aviation applications—including eVTOL, UAS, personal air vehicles, and electric aircraft—were considered to be especially innovative. The global eVTOL market size is forecasted to grow from an estimated $74 million in 2025 to $860 million by 2030, according to new market research.
Spinny’s Q1 2025 report highlights a shift in India’s used car market with a preference for automatic and electric vehicles. …Read More The used car market of India has shown a highlighted focus on digital payments, electric vehicles and vehicles with automatic transmission.
Our ClimateSense microclimate technology will help OEM customers achieve their electrification goals by increasing vehicle range and energy savings, while delivering a best-in-class personalized thermal experience. —Phil Eyler, President and CEO of Gentherm.
Standard features include driver conveniences including a high-back comfort seat, keyless entry, air conditioning, power windows and door locks, 3-person seating and the ability to use the battery for on-site power, eliminating the need to transport large, noisy generators. hours and from a standard level 2 charger in as little as 5 hours.
m), including the XS version which is new to the market, the ë-SpaceTourer offers maximum power of 100 kW (136 hp)/maximum torque of 260 N·m. Power - 100 kW/260 NN·mm provides performance with the maximum number of persons en board. Available in a choice of 3 lengths (XS: 4.60 m - M: 4.95 m - XL: 5.30
When asked if they’d be willing to consider switching from personal-vehicle ownership to using autonomous-vehicle ride-hailing services, or “robotaxis,” if the monthly cost were from 40% cheaper to even 20% more expensive than vehicle ownership, 44% to 84% across the six countries said they would.
Usage-based insurance (UBI) programs typically offer personalized safe driving discounts that can help consumers save money and promote road safety. Insurers can also use Ford data with the Verisk Driving Score, a proprietary loss model and rating rule that is filed and available in 43 states, as a turnkey way to quickly enter the UBI market.
In this work, we develop a model that combines personal mobility with motor gasoline demand and uses a neural network to correlate personal mobility with the evolution of the COVID-19 pandemic, government policies and demographic information. —Ou et al.
As for the Peugeot e-Traveler, it is available in three body lengths and with a choice of two batteries of 50 and 75 kWh which power the 100 kW/136 hp electric motor, making it possible to transport up to 9 persons with a range of up to 330 km (75 kWh battery, WLTP cycle).
This includes cars in the Express Drive rental car partner program for rideshare drivers, its consumer rental car program for riders, the autonomous vehicle program, and drivers’ personal cars used on the Lyft platform. Lyft said that the potential benefits to drivers are very significant.
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