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Automotive

France’s first EV battery factory will cater to estimated rise in EV demand to 17.4 million units in Europe by 2030, says Globaldata

Following the news that France has opened its first electric vehicle battery factory in Billy-Berclau in the northern region of the country; Sumit Das, Senior Analyst, Automotive at GlobalData, offers his view: “France’s first EV battery gigafactory will provide a base to step up the production of batteries and electric vehicles as the European Union […]
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Luminar to challenge leading companies in North American sensor industry with new Mexico facility, says GlobalData

Following the news that Luminar Technologies’ new automated, high-volume factory in Mexico started producing sensors; Rupayan Chakraborty, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “As a provider of cutting-edge sensor technology, Luminar Technologies is constantly designing and developing solutions for advanced driver assistance systems (ADAS). Their ultra-sensitive pixel-based sensors […]
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Global battery electric vehicle demand to hit 11 million units in 2023, up 41% on 2022, according to GlobalData

China will continue to dominate global battery electric vehicle (BEV) sales in 2023, despite an increase across all major markets, says GlobalData. However, the leading data and analytics company notes that other regions may catch up, as growth in China slows. Al Bedwell, Director, Global Powertrain at LMC, a GlobalData company, comments: “China’s BEV growth […]
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UK car sector faces weak recovery in 2023, says GlobalData

Following the release of data today by the Society of Motor Manufacturers and Traders (SMMT), showing that the UK new car market was down 2% at 1.61 million sales in 2022; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Major demand headwinds are building for UK households and […]
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Global Powertrain Webinar invite: Electric vehicles face uphill struggle to maintain mass-market affordability, says LMC GlobalData

This Thursday, 17th November 2022 at 14:00 GMT, the LMC Powertrain team at GlobalData will host a webinar on the outlook for global powertrain and electrification. Click here to register, and find out: How the roadmaps of automakers and battery suppliers are driving demand for materials that the mining and chemicals sectors will struggle to […]
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Toyota overestimates the pace of supply-chain recovery with global light vehicle plans likely to be cut by over 5%, says GlobalData

Following Toyota Group’s announcement on Friday that its global production volume for the fiscal year ending March 2023 will be lower than planned due to supply-side issues; Justin Cox, Director, Global Production at Global Data’s LMC Automotive division, offers his view: “It’s not just Toyota that is battling against supply-side disruption and material shortages. GlobalData […]
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Challenges rising in Europe’s car market, says GlobalData

Leading data and analytics company GlobalData has released data showing that Western Europe’s car market was up 3.7% year-on-year in August and the annual selling rate was also up versus July. David Leggett, Automotive Analyst at GlobalData, comments: “The Western Europe car market was up versus last year and the annual selling rate improved to 12.4 million […]
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UK August car market is calm before the storm, says GlobalData

Following the release of data today by the Society of Motor Manufacturers and Traders (SMMT), showing that the UK new car market was up in August (at +1.2%) for the first time since February; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Annual market growth – however slight […]
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UK car output up at last but stronger headwinds ahead, says GlobalData

Following the release of data today by the Society of Motor Manufacturers and Traders (SMMT), showing that UK car production in May grew for the first time since June 2021 in May, up 13.3%; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Although UK car output posted its first rise in 11 months in May, headwinds for the UK’s industry are gathering […]
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180,000 bugs in every fully autonomous vehicle are like an open door to cyber criminals, says GlobalData

Many autonomous vehicles are not fully protected against cyberattacks, with GlobalData, a leading data and analytics company, estimating that there may be up to 180,000 bugs in the code operating a level 5 autonomous vehicle*— potentially leaving hackers with 15,000 security vulnerabilities to choose from. GlobalData’s latest report, ‘Cybersecurity in Automotive – Thematic Research’, stresses […]
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Toyota, GM and Ford were among the top automotive companies discussing emissions in Q2 2022, finds GlobalData

With a rising focus on achieving zero emissions, GlobalData’s Mentions per Company* index found that mentions (per company) of ‘Emissions’ in automotive company filings was up 17% in Q2 2022** over Q1 2022, while rising 9% compared to Q2 2021. The leading data and analytics company found that original equipment manufacturers (OEMs) such as Toyota, General Motors (GM), […]
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