Why to go for electric vehicle in South Korea?

Even though China seems to lead the electric vehicle market. But somehow other countries in Asia are also on the top to lead. In the race of electric cars in South Korea. As per a survey by Rakuten Insight, the purchase intention for electric cars in South Korea is 45.37%. But around 54% of the people replied in No. The negative opinion seems to be … Continue reading Why to go for electric vehicle in South Korea?

Do you know the value of EV batteries recyclable market in EU?

The life of an electric vehicle as we all know is the batteries. The problem with them is how long do they last. And are they keen on recycling the electric Vehicle battery in the EU market. In Europe, 6 types of EV batteries are identified with different chemical compositions. NCA, LMO, NMC 9.5.5, NMC 811, NMC622, and NMC 111.  It has been forecasted that … Continue reading Do you know the value of EV batteries recyclable market in EU?

Is the market of electric vehicles in Europe advantageous?

Oftentimes, any new and leading technology has to go through scrutiny, of being well accepted in such market. Is the consumer willing to pay enough to go ahead with the plug-in electric vehicles? And invest in a new concept which has been failed in the 1990s. Due to the lack of the right agenda to pull through such innovative ideas? Europe is no doubt crucial … Continue reading Is the market of electric vehicles in Europe advantageous?

Who are the main players in global plug-in electric vehicles?

The market for the players in the global plug-in electric vehicles shows the sales percentage. It helps you to understand how the market is getting curved with new technology and who are the leading players in the respective domain. As per EV-Volumes.com, Tesla is dominant in the electric vehicle industry or the market. The original player in the market believes that it is possible to … Continue reading Who are the main players in global plug-in electric vehicles?

Do you know the Market for the plug-in electric light vehicle across the world?

The global market size for electric vehicles is speculated to be 567.2 billion US dollars in 2026. The market size is definitely doubling up. And as the number is steadily increasing. So does the market value of electric vehicles across the world. As per a survey by IEA and EV-Volumes.com, there has been a steep rise. In the sale of plug-in electric vehicle across the … Continue reading Do you know the Market for the plug-in electric light vehicle across the world?

Why HEVs are beneficial for military applications?

What do you think HEVs must be saving or helping the military application if they switch from tradition vehicle to electric vehicle? Cost of the fuel. As per the survey reports, the transportation fuels on the battlefield. Or on site have often been seen as a risky adventure. Or risky routes. The over long distances raise the fuel cost significantly via road Or via airlift. … Continue reading Why HEVs are beneficial for military applications?

Why electric vehicle failed in the 1990s?

As the rise of pollution was on high due to the higher amount of usage of vehicles and transportation. In the 1990s, California passed a countermeasure effective policies. The policies led EVs to fail miserably in the 1990s. Or laws for the call manufacturer to address such issues by selling cars. With ZEV mandate if they want it to be sold in California. Due to … Continue reading Why electric vehicle failed in the 1990s?

What changes digitalization investment brought in different countries?

Digitalisation and connection with Industry 4.0. Has definitely changed the world economics playground leading to the massive movement of change in GDP. In terms of billion dollars of markers. Any kind of evolution in the digital world. Brings a change in the development of the GDP. In different countries may be in a positive or negative way. The way to counteract such evolution is to … Continue reading What changes digitalization investment brought in different countries?

Is Industry 4.0 creating a downfall for the “cheaper production” slogan?

With the rise of digitalization and the evolution of the automation world. Customers are focusing more on the quality level of products than just the quantity. Can Industry 4.0 become the reason for its downfall and become a slogan for “cheaper production”. The countries with cheaper values of their production line were selling their products. With the slogan tag of availability of area at a … Continue reading Is Industry 4.0 creating a downfall for the “cheaper production” slogan?