GlobalData
GlobalData

Automotive

Toyota fast-tracks autonomous vehicle plans with Lyft’s Level 5 acquisition, says GlobalData

Following the news that Toyota Motor’s tech investment arm Woven Planet Holdings has agreed to acquire shared mobility giant Lyft’s self-driving vehicle division Level 5 for US$550m; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The move comes a week after the company announced electrification […]
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Ola Hypercharger Network will boost customer confidence in electric two-wheelers in India, says GlobalData

Following the news that ride-hailing company Ola plans to set up 100,000 high-speed charging points across 400 cities in India under ‘Ola Hypercharger Network’ for its upcoming electric two-wheelers; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “Ola’s plan to establish its own strong network […]
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Chips shortage for autos likely to last into 2022, says GlobalData

Following the news from Daimler that a shortage of critical semiconductor components hit deliveries in the first quarter and will further impact sales in the second quarter; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Daimler’s warnings today are the latest in a long line of warnings and […]
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Discussion on subscriptions by automotive companies rose by 73% in 2020 as they look to diversify sales channels, finds GlobalData

Consumers’ need for greater convenience and flexibility, and the shift away from the need to own assets, is driving auto companies to try and capitalize by pursuing subscription models. While auto companies have discussed subscriptions in the past, discussions in earnings transcripts surged in 2020, with the entry of more original equipment manufacturers (OEMs) in […]
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Rising fuel prices, costlier conventional vehicles drive CNG car sales in India, says GlobalData

Following the news that Maruti Suzuki India Limited sold over 157,000 factory-fitted CNG vehicles in FY2020-21; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Increasing CNG car sales indicate the growing alternative fuel vehicle market in India and is a positive development towards achieving clean […]
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Siemens offers significant e-mobility opportunities for Ashok Leyland in India, says GlobalData

Following the news that Ashok Leyland’s Switch Mobility Automotive and Siemens have signed a memorandum of understanding (MOU) to execute e-mobility projects in India; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The partnership marks the entry of Ashok Leyland to eMobility-as-a-Service (eMaas) or shared […]
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Efforts from all stakeholders strengthening electric vehicle ecosystem in India, says GlobalData

Concentrated efforts from the government and other stakeholders will boost the supply and demand of electric vehicles (EVs) and subsequently drive the adoption of the EVs in India, says GlobalData, a leading research and analytics company. Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, comments: “The latest developments in the automotive industry indicate that EVs […]
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State governments facilitating electric two-wheeler financing will boost EV adoption in India, says GlobalData

Following the news that New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has sought expressions of interest from prospective electric vehicle (EV) suppliers to buy over 100,000 electric two-wheelers; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The announcement is positive for the […]
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February a month of few surprises for West European vehicle sales

Following the publication of data by European automotive constructors’ trade body ACEA showing that new passenger car registrations in the European Union dropped by 19.3% in February; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “We track light commercial vehicles (LCVs) as well as passenger cars and February […]
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VW Group bets big on industrial scale to counter Tesla, says GlobalData

Following Volkswagen Group’s annual results conference for investors at which it set out its transformation to ‘new auto’ which includes the switch to electric drives; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view:  “Volkswagen is turning to its natural industrial strength – especially in the form of standardized […]
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