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GlobalData

Automotive

Sale of 2, 3-wheeler EVs sans batteries increase uptake and promote new business models, says GlobalData

Following the news that the Ministry of Road Transport and Highways India has allowed the sale and registration of electric two and three-wheelers without batteries; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “The cost of ownership, along with the availability of adequate charging infrastructure, is […]
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COVID-19 pandemic breathes new life into electric scooters

The UK Government recently fast-tracked a permit to allow electric scooter rentals on public roads. The move forms part of a broader investigation into greener travel and overcrowding on public transport as the COVID-19 pandemic rages, according to GlobalData, a leading data and analytics company. Before the pandemic struck, the scooter industry was facing strong […]
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July auto sales in Turkey impressive but sustainability remains a question, says GlobalData

Following the news that automotive sales in Turkey grew by 387.5% year-on-year in July 2020, according to Automotive Distributors Association Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The surge in sales is impressive but not unbelievable in light of Turkey’s effective response to the COVID-19 […]
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Growing need for personal mobility and strong rural demand boosting 2-wheeler sales in India, says GlobalData

Following the news that year-on-year two-wheeler sales decline in India narrowed in July 2020 as compared to previous month; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Most of the major two-wheeler manufacturers in India witnessed healthy wholesale volumes in July 2020. The top five OEMs […]
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Zoomcar’s partnership with ETO Motors for electric shared mobility is a win-win for both, says GlobalData

Following the news that Indian shared mobility giant Zoomcar has partnered with ETO Motors to boost electric mobility; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “Zoomcar’s partnership with ETO Motors is aligned with the new business priorities that the company announced in late 2019. The […]
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Sullivan & Cromwell and Kirkland & Ellis were top legal advisers by value and volume in global automotive sector in H1 2020

Sullivan & Cromwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the global automotive sector in the first half (H1) of 2020 based on deal value and volume, respectively. Sullivan & Cromwell advised on two deals worth US$3.7bn, which was the highest among all advisers. Kirkland & Ellis led […]
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Renault will see sales surge for electric Zoe continue

Following the news that over the first half of 2020 Renault sold 37,540 electric Zoe cars in Europe, some 50% ahead of last year’s pace, making it Europe’s best-selling electric vehicle; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The electric vehicle segment is emerging as one of […]
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PSA in good shape for merger with FCA

Following the news that PSA Group has posted a positive profit result for the first half of the year despite the heavy impact of the COVID-19 pandemic and much reduced revenue; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “PSA has been working on reducing its break-even point […]
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Localization presents ‘medium to long-term’ clear benefits to Indian Automotive Industry, says GlobalData

Following the news that Indian Government officials met with the auto companies to discuss localization initiatives; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “There is a need for all the stakeholders in the Indian automotive industry to work closely and increase the push towards localization. […]
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