Market

A Look At The Chinese Electric Vehicle Market

This story is the second of a two-part look at China’s electric vehicle market. Read part one here. 

Here’s a look at Nio, a homegrown electric vehicle startup with ADSs listed in the U.S.; another domestic player, Xpeng, which is reportedly eyeing a U.S. listing;  and Tesla, which is nurturing a strong Chinese ambitions. 

Nio: A Homegrown Contender

Nio, or Weilai in Chinese, meaning “Blue Sky Coming,” was founded as Nextev in 2014. It took on its current nameplate in July 2017.  

Nio’s Models

  • EP9 – launched in 2016
  • ES8 – first volume-manufactured EV, unveiled in December 2017 and made available to the public in June 2018
  • ES6: launched in December 2018; deliveries began in June 2019
  • EC6: This model was unveiled to the public Dec. 28 and will be made available in September 2020.

The ES6 comes in three variants and is priced between 358,000 yuan to 468,000 yuan.

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AFLA Canada Hosts Webinar on Vehicle Depreciation in the Canadian Market – Used Vehicle Values

 - Photo: AFLA

Photo: AFLA

The Automotive Fleet & Leasing Association (AFLA Canada) held a webinar on Thursday, May 7, 2020 on the Canadian fleet market titled “The Impact of the Recent Economic Downturn on Vehicle Depreciation: What Fleets Need to Know.”

You can view the webinar on demand here.

The full list of panelists included Jeff Hartley, president of LeasePlan Canada; Jon Grant, national fleet manager, G4S Canada; Brian Murphy, VP of research and analytics, Canadian Black Book; and Mike Antich, editor and associate publisher for Automotive Fleet magazine, who served as the webinar’s moderator.

Hartley kicked off the webinar with a deep-dive on the current changes with vehicle depreciation for the Canadian market due to the impact of COVID-19, and offered some best practices on how to manage depreciation going forward. The webinar also included a discussion on the broader Canadian used-vehicle market, led by Murphy of Canadian Black Book; and

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Global Automotive SoC Market is anticipated to grow at a CAGR 8.00% of between 2019 and 2028

The report on Automotive SoC Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forcast years. The global automotive soc market is segmented on the basis of type, application, and geography.

The global Automotive SoC market was valued at US$ 12,931.5 Mn in 2018 and is projected to increase significantly at a CAGR of 8.0% from 2019 to 2028.

Automotive SoC Market Scope:

By type, the market is segmented into Passenger Cars, and Commercial Vehicles. By application, the market is divided into Infotainment Systems, ADAS, and Others.

Based on geography, market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Major players profiled in the report include Texas Instruments Incorporated, Infineon Technologies AG, Intel Corporation, NVIDIA Corporation,

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Global Automotive Air Tanks Market Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2029

Global Automotive Air Tanks Market is estimated to be valued US$ XX.X million in 2019. The report on Automotive Air Tanks Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global automotive air tanks market is segmented on the basis of type, application, and geography.

Europe market was valued at US$ XX.X million in 2018 and is projected to reach US$ XX.X million in 2029, and register a CAGR of X.X% during the forecast period, according to a new Market.us (Prudour Research) study.

Automotive Air Tanks Market Scope:

By type, the market is segmented into Steel Tanks, and Aluminium Tanks. By application, the market is divided into OEMs Market, and Aftermarket.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Major

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