How active Russia is in the IoT market?

According to expert statistics, Russia’s IoT investment in 2019 was predicted to be $5.6 billion USD, placing Russia in the 14th position globally. Worldwide IoT expenditure in 2019 reached approximately $745.6 billion USD, implying that Russia’s IoT market share was around 0.75% of the global market. The IoT industry’s position in Russia is relatively low compared to major nations such as the United States, China, … Continue reading How active Russia is in the IoT market?

Audi vs Tesla

Let’s dive into the comparison of Audi vs. Tesla:- The main aspects of rivalry between Audi and Tesla are price, reliability, safety, innovation, brand reputation, and customer service. The price of Audi and Tesla electric cars depends on the model, features, and market. Reliability is a complex and subjective concept depending on various factors such as quality of the materials, frequency of maintenance, type and … Continue reading Audi vs Tesla

What is the future outlook for electric vehicles?

The future of electric cars is promising, with global sales projected to reach 10 million by 2022 and 14 million by 2023, accounting for 18% of total automobile sales. Factors such as policy support, consumer preferences, technology innovation, and cost reduction are driving this growth. However, challenges including supply chain constraints, infrastructure gaps, and market competition loom. The International Energy Agency (IEA) has outlined three scenarios for the global EV market development, pointing to potential increases in electric car sales based on different measures. Continue reading What is the future outlook for electric vehicles?

Are the rise of EVs doom for the Middle Eastern countries?

Quite dicy… is it the end of the oil gulf countries with the rise of a new Avatar, “The EVs”. The main exporters of oil and gas in the world are the Middle Eastern countries, and a large dependency of their revenues is on these resources. If you have the oil well, you are the Sultan of the world. But the story looks quite different … Continue reading Are the rise of EVs doom for the Middle Eastern countries?

How does the price of oil affect EV sales?

One of the elements influencing demand and adoption of electric cars (EVs) is the price of oil. Higher oil prices often raise the cost of gasoline and diesel, raising the running expenses of internal combustion engine (ICE) cars. This might encourage people to convert to EVs, which have reduced fuel and maintenance expenses. Lower oil prices, on the other hand, may make EVs less appealing … Continue reading How does the price of oil affect EV sales?

What India can learn from BMW’s strategic move in the electric vehicle automotive industry?

The key insights from BMW’s strategic move are: The strategic move by BMW in the context of electric vehicles offers valuable insights for Indian automakers, such as global collaborations, investment in EV technology, preserving brand identity, diversifying product offerings, and working closely with the government to embrace the evolving automotive industry and accept the opportunities that it can open in an unlimited way. Sources:- Autocarprofessional, … Continue reading What India can learn from BMW’s strategic move in the electric vehicle automotive industry?

What are the interesting facts that can be observed in the EV industry?

Well, the analysis is based on the current patterns and trends circulating in the EV industry. The key interesting facts to note are: The interesting insights about the EV industry are: Overall, a dynamic shift is witnessed by the automotive industry towards electric vehicles, driven by technological innovation, global collaborations, and government support for sustainable initiatives. The landscape is evolving with an effective strategic focus … Continue reading What are the interesting facts that can be observed in the EV industry?

What competitive assumptions can be seen in the electric automotive industry?

Depending on the current patterns, the following competitive assumptions are made about the current electric vehicles: What we can say about peer competitors is that we need to think about the EV market: The electric vehicle market is assumed to be competitive and evolving rapidly, driven by technological advancements and partnerships. As it can be seen strategically, it is best for the competitive or peer … Continue reading What competitive assumptions can be seen in the electric automotive industry?

China helps BMW with the first Electric Mini Cooper Platform with sources?

Let’s review the first electric Mini Cooper by BMW and its launch in China:- Overall, BMW’s approach entails utilizing its renowned Mini brand to compete in the electric car industry, including production collaboration with Chinese partners while retaining the brand’s British history. The release of upgraded electric Mini models, as well as the possibility of investing in the Oxford factory, are significant components of this … Continue reading China helps BMW with the first Electric Mini Cooper Platform with sources?