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With the fight against climate change intensifying the electrification race in Asia and the electric vehicle (EV) industry witnessing major transitions, new technology companies and shared mobility players have been entering the market in recent times. Some of the leading shared mobility Asian players are now expanding their business from ‘only shared’ to ‘personal’ mobility […]
Suzuki’s push to make all minicars connected will increase competitiveness in key Asia-Pacific markets, says GlobalData
Following the news that Japanese automaker Suzuki Motor aims to make all minicars connected by 2025; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “With the announcement, Suzuki is expediting its transition towards key global megatrends in the automotive industry, which includes Connected, Autonomous, Shared […]
Volkswagen’s internal dispute will decide strategy and fate of CEO, says GlobalData
Following news that Volkswagen Group’s Supervisory Board has failed to decide on the future of CEO Dr. Herbert Diess; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “A forceful debate for stakeholders at VW Group over strategy is nothing new. VW’s history is peppered with politically charged rows […]
Energy Absolute eying for EV leadership in Thailand with its new battery plant, says GlobalData
Following the news that Thailand’s renewable energy company Energy Absolute (EA) is set to open an electric vehicle (EV) battery factory in Thailand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Energy Absolute has been keen on strengthening its capabilities across EV value chain and […]
Toyota bets big on hydrogen for transition to carbon-neutrality, says GlobalData
Toyota is betting big on hydrogen technology in automobiles, both through fuel-cell EVs (FCEVs) and the hydrogen-powered engines, in a bid to become a carbon-neutral company, observes GlobalData, a leading data and analytics company. Recently, Toyota, Kawasaki, Subaru, Mazda and Yamaha have collaborated for production, transportation and use of hydrogen, the carbon-neutral fuel in the […]
Baidu finds strength in AI and autonomous vehicles but must not follow China’s lack of focus in ESG, says GlobalData
Following Baidu’s Q3 2021 earnings announcement; Emilio Campa, Analyst in the Thematic Team at GlobalData, a leading data and analytics company, offers her view: “Baidu is a strong player in both artificial intelligence (AI) and autonomous vehicles themes – scoring five and five, respectively, in GlobalData’s automotive thematic scorecard. Further, these themes are integral to […]
Bezos-backed Rivian’s meteoric rise represents a fundamental change in the valuation of automotive stocks, says GlobalData
Investment banks and retail investors both understand that electric vehicles (EVs) are the future of the automotive industry The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those that invest based on traditional financial performance metrics Jeff Bezos, a shareholder in […]
Toyota planned production uptick encouraging, says GlobalData
Following the news that Toyota is planning to make 800,000 vehicles globally in December, partially recovering recent months’ lost production due to the parts supply crisis; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view; “After months of forced cutbacks to production due to parts supply disruption, December’s Toyota […]
Mahindra & Mahindra eyes leadership in SUV and EV segments with new products line-up, says GlobalData
Following the news that Indian automaker Mahindra & Mahindra announced its plans to launch 13 new products by 2027 including eight EVs; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “With these mid-term plans, Mahindra and Mahindra (M&M) eyes leadership in the core SUV segment […]
Nissan deepening footprint in India with new subscription service roll-out, says GlobalData
Following the news that Japanese automaker Nissan has partnered with car sharing company Zoomcar and leasing giant ORIX for vehicle subscription program in India; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “So far, it has been a bumpy ride for Nissan as many of […]
West Europe light vehicle market set for 28% October fall, says GlobalData
Analysis by GlobalData, a leading data and analytics company, shows the West European light vehicle market fell by an estimated 28.8% year-on-year in October. “The European vehicle market continues to be severely constricted by inventory woes stemming from the global chips shortage,” says Calum MacRae, Automotive Analyst at GlobalData. The projected result marks the fourth […]
Global vehicle market set for disappointing result in 2021, says GlobalData
Analysis by GlobalData, a leading data and analytics company, suggests the global vehicle market in 2021 is heading for a disappointing result, dented by shortages of critical components that have restricted new vehicle supply. “With the latest results in, it seems fair to assume that the semiconductors shortage is set to continue into Q4 and […]
BYD sets new milestone in Indian EV market with all-electric MPV, says GlobalData
Following the news that Chinese EV manufacturer Build Your Dreams (BYD) launched all-electric MPV in India; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Foraying into passenger vehicles space comes as a major milestone for BYD in India which will be the first passenger vehicle […]
Paul Weiss Rifkind Wharton & Garrison and Kirkland & Ellis were top M&A legal advisers by value and volume in automotive sector for Q1-Q3 2021, finds GlobalData
Paul Weiss Rifkind Wharton & Garrison and Kirkland & Ellis have been found by GlobalData to be the top mergers and acquisitions (M&A) legal advisers in the automotive sector for Q1-Q3 2021 by value and volume, respectively. The leading data and analytics company’s Financial Deals Database reveals that Paul Weiss Rifkind Wharton & Garrison advised […]
Bank of America and Goldman Sachs were top M&A financial advisers by value and volume in automotive sector for Q1-Q3 2021
Bank of America and Goldman Sachs have been found by GlobalData to be the top mergers and acquisitions (M&A) financial advisers in the automotive sector for Q1-Q3 2021 by value and volume, respectively. The leading data and analytics company’s Financial Deals Database reveals that Bank of America advised on seven deals worth $15.4bn – the […]
Suzuki and Toyota tie-up extension to increase India focus and strengthen global competitiveness, says GlobalData
Toyota and Suzuki are likely to extend their tie-up with focus on electric and ICE shared products. The extension will include the co-development of BEV and fuel-cell vehicles instead of just hybrids as announced initially. The association is expected to strengthen the competitive position of both the companies accompanied by added focus on India, says […]
Foxconn sets new milestone with three EV prototypes, says GlobalData
Following the news that Taiwan smartphone maker Foxconn showcased three electric vehicle (EV) prototypes under its own ‘Foxtron’ brand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Foxtron is a joint venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd. The prototypes, which […]
New investments flow to support Tata’s ambition of making EVs mainstream in India, says GlobalData
Following the news that Investment firm TPG Rise Climate along with its co-investor ADQ announced investment of INR7.5bn (US$1bn) in Tata Motors electric vehicle (EV) arm; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Tata Motors has been striving hard to make EVs mainstream in […]
Nissan ready for next-gen vehicle manufacturing with intelligent factory in Japan, says GlobalData
Nissan Motor Corporation has unveiled ‘Intelligent Factory’ initiative to use artificial intelligence (AI), IoT and robotics to manufacture next-generation vehicles and a zero-emission production system in Japan. With the ‘smart’ factory, Nissan is heading in the direction where most of the players will be ensuing soon, says GlobalData, a leading data and analytics company. Out […]
China aims for sustainable EV economy with revision in policy, says GlobalData
China’s success in vehicle electrification is highly attributable to the conducive government policies that subsidized the electric vehicle (EV) manufacturing besides sale, and penalizing the higher carbon-emitting internal combustion vehicles. Additionally, China is likely to replace its present green car credit system with a new policy that will largely focuses on reducing the carbon emissions. […]