Browsing: Market Updates
The landscape of the Advanced Driver Assistance Systems (ADAS) industry is undergoing rapid transformations, driven by the integration of large AI models and the emergence of Navigation on Autopilot (NOA) technologies.
University of Maryland researchers studying how lithium batteries fail have developed a new technology that could enable next-generation electric vehicles (EVs) and other devices that are less prone to battery fires while increasing energy storage.
Insurance telematics, commonly known as usage-based insurance (UBI), is transforming the automotive insurance landscape. Telematics, a blend of “telecommunications” and “informatics”, involves collecting vehicle-related data via telecommunication networks.
Suzuki Motor is reportedly gearing up to begin manufacturing electric vehicles (EVs) in India and subsequently export them to Japan by 2025. This move is part of Suzuki’s strategy to establish India as a global hub for electric car production.
The study expands the company’s automotive business segment and includes Hyundai Motor Group’s business snapshots, such as annual revenue, operating profit, and net profit, mainly contributed by Hyundai, Kia, and Genesis.