Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Automotive

Global automakers earmark nearly US$600bn for EVs over next decade, finds GlobalData

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of nearly US$600bn to secure their position in the future automotive market, says GlobalData, a leading data and analytics company. Broadly, the investments announced focus on […]
Read more
,

Augmented reality set to become more disruptive in the automotive sector as the metaverse gains traction, says GlobalData

As autonomous vehicles become more widely available, augmented reality (AR) will become more disruptive in the automotive sector, says GlobalData. The leading data and analytics company notes that, with hype around the metaverse continuing to gain traction, AR-related technologies such as simultaneous localization and mapping (SLAM), facial recognition, and motion tracking will be vital for […]
Read more

SAIC joins league of global automakers with US$43bn investment in next-gen mobility, observes GlobalData

Following the news that Chinese automaker SAIC Motor plans to invest US$43bn in advanced technologies through 2025; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The move comes as a major encouraging development for the state-owned Chinese auto giant that will elevate its next-gen mobility […]
Read more

Grab’s substantial Q4 loss reflects post-pandemic woes for shared mobility companies in APAC, says GlobalData

Following the news that Singapore-based Grab reported US$1bn loss in Q4 2021 on heavy incentive spending; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Southeast Asia’s shared mobility giant Grab, which has been transforming into a SuperApp, has observed revenue loss owing to massive spending […]
Read more

Hyundai Motor accelerates APAC and global electrification plans with fresh investments, observes GlobalData

Following the news that Hyundai has announced an influx of new investments in the Asia-Pacific, Europe, and North America to fast-track the company’s electric vehicle (EV) business; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Hyundai Motor’s announced future strategies and the roadmap for electrification […]
Read more

New set of incentives to help Thailand achieve 50% electrification of new cars by 2035, says GlobalData

Following the news that Thailand cabinet approved a package of electric vehicle (EV) incentives for 2022 to 2025; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The approval of incentives, including tax cuts and incentives on imported and locally manufactured electric vehicles (EV), is in […]
Read more

Great Wall Motors to strengthen Chinese presence in Thailand market with affordable EV sales, says GlobalData

Following the news that Chinese automaker Great Wall Motors aims to increase electric vehicle sales in Thailand with affordable products; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Thailand’s electric vehicle (EV) market is in a ‘creation’ phase with limited products and market players. Hence, […]
Read more

UK car market faces big challenges in 2022, says GlobalData

Following the release of data today by the Society of Motor Manufacturers and Traders (SMMT), showing that UK car the car market in January surged by 27.5% on last year; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view; “It’s important to note that the healthy-looking January gain is […]
Read more

Renault Nissan Mitsubishi alliance to strengthen EV position with new investments in APAC, observes GlobalData

Renault-Nissan-Mitsubishi alliance is set to increase investments in electric vehicles (EVs) and launch 30 BEVs by 2030 across five common platforms. The investments in shared platforms and standardization of batteries across models will help the three brands to achieve economies of scale and enhance their competitive position in the global EV market. This alliance can […]
Read more
,

Paul Weiss Rifkind Wharton & Garrison and Kirkland & Ellis were top M&A legal advisers by value and volume in automotive sector for 2021, finds GlobalData

Paul Weiss Rifkind Wharton & Garrison and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the automotive sector for 2021 by value and volume, respectively, according to GlobalData’s Financial Deals Database. The leading data and analytics company notes that Paul Weiss Rifkind Wharton & Garrison advised on five deals worth […]
Read more

Bank of America and Rothschild & Co were top M&A financial advisers by value and volume in automotive sector for 2021, finds GlobalData

Bank of America and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the automotive sector for 2021 by value and volume, respectively, according to GlobalData’s Financial Deals Database. The leading data and analytics company notes that Bank of America advised on eight deals worth $16.4 billion, which was the highest […]
Read more
1 … 6 7 8 9 10 … 31