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Vehicle Electrification Industry Forecasted to Expand at a CAGR of 8.4%, Surpassing USD 205 Billion by 2034 | Future Market Insights, Inc.
German carmakers, led by the Volkswagen Group, are making significant strides in the electric vehicle (EV) market with plans to invest over USD 45 billion in the next three years to drive technological advancements and strengthen the sector. This push is further supported by a recent government initiative, with the country’s prime minister announcing a...
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Malaysia imposes provisional anti-dumping duties on PET imports from China, Indonesia
The Malaysian government has imposed provisional anti-dumping duties on imports of polyethylene terephthalate (PET) originating from China and Indonesia, following an investigation launched on Aug 9, 2024.
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Automotive Tech Trends: What to Expect in 2025
As we look towards the future of the automotive industry, several transformative trends are shaping up for 2025. The rise of electric vehicles (EVs), advancements in vehicle automation, and breakthroughs in semiconductor technology will redefine the driving experience and the tech powering it. In our exclusive Automotive Outlook Report, we’ll explore some of the key...
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Top 4 Trends Set to Disrupt the Automotive Industry in 2025
The automotive industry stands at a pivotal moment in history. Innovation is radically reshaping how vehicles are designed, powered, and utilized, creating a future that’s more sustainable, efficient, and connected. As consumer demands shift toward cleaner, smarter, and more flexible mobility options, automakers face mounting pressure to evolve or risk becoming obsolete. From reducing carbon...
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Electric Vehicle Support
A global supplier of sustainable material solutions, Trinseo is focused on supporting the automotive industry in the ongoing electric vehicle (EV) revolution. We recognize our responsibility as a manufacturer to reduce our environmental impact, while helping our customers drive toward a more sustainable future.
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CHART: Apple Loses Momentum as the Global Wearable Market Heats Up
The wearable band market is heating back up, growing 3% year-on-year in Q3 2024 to reach 52.9 million units, according to Canalys research. However, the dominant player, Apple is losing steam.
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Five for ’25: The Cox Automotive Forecast
With the national election now fully in the rearview mirror and consumer sentiment improving, we turn our attention to the year ahead and an automotive market shifting into a higher gear. As we develop our forecast for 2025, we are mostly optimistic, as the market is finishing 2024 with momentum.
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Will China Take Over the Global Auto Industry?
China’s electric vehicle capacity will soon match total Chinese domestic auto demand, and total Chinese auto production capacity is already over half of total global auto demand.
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Northvolt crisis may be make or break for Europe’s EV battery ambitions
Northvolt’s financial collapse deals a blow to Europe’s plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals. Europe’s biggest hope for an electric vehicle battery champion filed for U.S. Chapter...
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EU battery-electric vehicle market outlook ‘likely to worsen’ in 2025
A lower battery-electric vehicle market share in 2025 is likely to make it much more difficult for the EU to meet its carbon emission targets as increasing the BEV market share and sales is one of the key ways car makers were planning to meet those goals.
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