GlobalData
GlobalData

Automotive

Switching for cheaper motor insurance becomes harder for 77.8% of UK motorists as providers increase premiums, says GlobalData survey

The vast majority of UK consumers who switch motor insurance policies do so for a cheaper price, with 77.8% of motor insurance customers switching at renewal because a different insurer offered a lower premium according to a GlobalData survey. However, that is now being restricted following the Financial Conduct Authority’s (FCA) regulatory reforms. The leading […]
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2022 predictions: China to rule EV landscape in 2022, says GlobalData

Electric vehicles (EVs) are becoming increasingly popular among consumers but are causing issues for automakers, who are grappling with supply chain crises and raw material shortages. In its latest report, ‘Tech, Media, & Telecom (TMT) Predictions 2022 – Thematic Research’, leading data and analytics company GlobalData predicts that Tesla and China are set to maintain […]
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Sony Group looks to materialize its EV efforts in 2022, says GlobalData

Following the news that Japan’s electronics giant Sony Group Corporation plans to launch a mobility company this year; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Sony Group Corporation’s entry into mobility sector follows the recent official unveil of second concept electric vehicle (EV) SUV […]
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Gabriel Boric’s election as Chilean president brings another uncertain dynamic for the world’s EV battery sector, says GlobalData

Following the news that leftist Gabriel Boric has won Chile’s presidential election; Daniel Clarke, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on how Boric’s victory will impact lithium mining companies, battery makers and EV makers: “Gabriel Boric’s victory will be a cause for concern for many companies operating in […]
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Toyota fast-tracks EV ambitions with fresh investment, says GlobalData

Following the news that Japanese automaker Toyota commits US$70bn for electrification of its vehicles by 2030; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Toyota seems to be fast-tracking its electrification ambitions with additional investments to be a global leader and overtake giants such as […]
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Hyundai to support electric vehicle transition in India with new product launches, says GlobalData

Following the news that South Korean automaker Hyundai announces expansion of its Battery Electric Vehicle (BEV) line-up in India by 2028; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The announcement to launch six BEVs by 2028 across multiple segments showcases Hyundai’s commitment to the […]
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Asian ride-hailing companies expanding from ‘only shared’ to ‘personal’ with electric mobility, says GlobalData

With the fight against climate change intensifying the electrification race in Asia and the electric vehicle (EV) industry witnessing major transitions, new technology companies and shared mobility players have been entering the market in recent times. Some of the leading shared mobility Asian players are now expanding their business from ‘only shared’ to ‘personal’ mobility […]
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Suzuki’s push to make all minicars connected will increase competitiveness in key Asia-Pacific markets, says GlobalData

Following the news that Japanese automaker Suzuki Motor aims to make all minicars connected by 2025; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “With the announcement, Suzuki is expediting its transition towards key global megatrends in the automotive industry, which includes Connected, Autonomous, Shared […]
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Baidu finds strength in AI and autonomous vehicles but must not follow China’s lack of focus in ESG, says GlobalData

Following Baidu’s Q3 2021 earnings announcement; Emilio Campa, Analyst in the Thematic Team at GlobalData, a leading data and analytics company, offers her view: “Baidu is a strong player in both artificial intelligence (AI) and autonomous vehicles themes – scoring five and five, respectively, in GlobalData’s automotive thematic scorecard. Further, these themes are integral to […]
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Bezos-backed Rivian’s meteoric rise represents a fundamental change in the valuation of automotive stocks, says GlobalData

Investment banks and retail investors both understand that electric vehicles (EVs) are the future of the automotive industry The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those that invest based on traditional financial performance metrics Jeff Bezos, a shareholder in […]
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