GlobalData
GlobalData

Automotive

EESL investment in SWAG EV paves way for electric 2W with swappable batteries in India, says GlobalData

Following the news that India’s state-owned Energy Efficiency Services Limited (EESL) has announced to invest in Thailand-based e-mobility player SWAG EV; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “EESL’s investment in SWAG EV is expected to pave way for electric two-wheelers with swappable batteries […]
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Deployment of EV charging stations on highways and expressways will boost EV uptake in India, says GlobalData

Following the news that the Department of Heavy Industries (DHI) in India has invited an expression of interest (EOI) for the development of electric vehicle (EV) charging infrastructure on major highways and expressways; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Despite a wide EV portfolio […]
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Shared mobility faces major COVID-19 threat, says GlobalData

A new study by GlobalData, a leading data and analytics company, highlights the threat to the formerly buoyant ride-hail sector posed by changed consumer attitudes across the world due to the COVID-19 pandemic. Mike Vousden, Automotive Analyst at GlobalData comments: “In simple terms, the concept of shared mobility is now in question as consumers re-evaluate […]
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State-owned Indonesia Battery Holding to help build integrated electric vehicle industry in Indonesia, says GlobalData

Following the news that a group of state miners MIND ID and Aneka Tambang (ANTAM), state utility Perusahan Listrik Negara (PLN) and state oil company Pertamina have agreed to form a new venture — Indonesia Battery Holding; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The […]
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Entry of leading OEMs conducive for growth of vehicle subscription segment in India, says GlobalData

Toyota Kirloskar Motor (TKM) has recently joined hands with Myles Automotive Technologies to expand vehicle subscription business for individuals in Delhi National Capital Region (NCR), Mumbai and Bengaluru. The entry of leading OEMs will create the much-needed thrust for higher vehicle subscription service uptake in India, says GlobalData, a leading data and analytics company. Animesh […]
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Tesla in running to buy stake in LG Chem’s battery division

Following the news that LG Chem operating profit for the third quarter is heading for a record high; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “South Korea-based LG Chem has recently overtaken China’s CATL and Japan’s Panasonic to become the world’s largest supplier of lithium-ion batteries for […]
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Tesla is top automotive industry performer

Tesla tops GlobalData’s Thematic Screen which ranks automotive companies according to themes that matter most to the industry, generating a leading indicator of future performance. “For some time now, Tesla has outperformed the sector in terms of measures such as market capitalisation,” says Calum MacRae, Automotive Analyst at GlobalData. “Our latest analysis keeps Tesla firmly […]
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Rising domestic demand marks recovery of South Korea’s auto industry in September 2020, says GlobalData

Following the news that South Korea’s new vehicles sales in September 2020 increased by 3.4%, riding on domestic demand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “South Korea’s top five automakers Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. […]
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With My MG Shield personalized car ownership program MG Motor India looks to differentiate from others, says GlobalData

Following the news that MG Motor India has introduced ‘My MG Shield’, the personalized car ownership program for its upcoming new premium Autonomous Level-1 SUV Gloster; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The new personalized car ownership program, which offers flexible bundle of […]
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