(Telematics Wire) Automotive gear market size will attain USD 8.18 billion by 2032 growing at 5.7 % CAGR

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High Definition Vehicle Insurance launches second generation of its telematics-based Shift™ product
High Definition Vehicle Insurance (HDVI), a commercial auto insurance provider, will launch the next generation of HDVI Shift™, the usage-based, dynamically priced insurance product for commercial truck fleets in select states for policies effective Feb. 1 or later.

 

 

Freudenberg e-Power Systems and LG Energy Solution sign long-term supply partnership for battery cell modules
Freudenberg e-Power Systems and LG Energy Solution have signed a multi-year contract for the supply of lithium-ion battery cell modules. 

 

 

Automotive gear market size will attain USD 8.18 billion by 2032 growing at 5.7 % CAGR
Sales of automotive gear are projected to accelerate at a CAGR of 5.7% to top US$ 8.18 Billion by 2032. Long-term, vehicle production in developed and emerging nations has been expanding yearly. 

 

 

India: Magna and Yulu launch Yuma Energy – battery swapping network for electric two-wheelers
Yuma Energy (Yuma), a joint venture between Magna and Yulu, India’s shared electric micro-mobility player, showcased its next-generation battery charging and swapping network for electric two-wheelers in India.

 

 

Fusion Processing Ltd accelerates autonomous bus development in £10.4M CAVForth2 project in Scotland
Fusion Processing Ltd will continue to develop its CAVStar® Automated Driving System as part of the second phase of the successful CAVForth autonomous bus project in Scotland, which will feature a longer, more challenging route.

 

 

PEAK-System reveals new I/O products with CAN FD connection
At this year’s embedded world, the German vendor PEAK-System presents innovative I/O products with CAN FD connection.

 

 

 

 

 

 

 

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