The emergence of real-time tracking of vehicle and driver behavior with vehicle telematics has changed this landscape. Examine how the proliferation of telematics technology has enabled new relationships between insurers, telematics service providers, OEMs, and customers.
The CBRI was initiated to connect Asia, Europe, and Africa through land and sea routes to ensure greater connectivity and promote commerce. Understand the potential of CBRI to boost economic growth in participating countries and create jobs, leading to social and economic improvements for citizens.
Growing population and congestion levels around the world have led to the growth of shared mobility segments and micromobility services. Examine how these areas witnessed robust growth and also had to deal with the shifts in consumer mobility preferences and requirements after the pandemic.
Due to the global pandemic, we are living in unprecedented times. This pandemic has proven to be the ultimate iconoclasm across industries. Everything is on the anvil, from business attire to face-to-face meetings to the need to have a permanent office. Sustainable energy is no different. When the pandemic set in and oil prices plummeted, the most common belief was that the investments in sustainable energy will slow down, the new wave of electrification in automotive will subside and we will turn the clock back on the climate agenda.
Prolonged lockdowns in several countries turned out to be an unprecedented social experiment. When the transport and industrial emissions stopped, urban air quality drastically improved in a matter of days. That underlined the harmful effects of the emissions.
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Emerging Growth Opportunities in the Indian Electric Vehicle (EV) Industry
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Read more Request InfoRussia has historically posed a challenge to fleet and leasing providers, owing primarily to the sprawling territory that their vehicles need to service. However, rising maturity and growth centred around the country’s larger cities, increasing demand from SMEs, and new application segments like last-mile delivery, along with the prospect of innovative business models like Mobility-as-a-Service and alternative powertrains such as electric vehicles, are fueling the development of the Russian leasing market.
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South Africa’s road network is the largest and longest interconnected road network in sub-Saharan Africa covering approximately 750,811km of roads. Naturally, such a large network needs to be governed by multiple governmental bodies at different levels that are responsible for maintaining, repairing, and building new road infrastructure. While the South African National Roads Agency (SANRAL) is responsible for all major highways, regional departments oversee provincial as well as regional routes while local municipalities oversee smaller urban roads that connect national and regional roads to the major network.
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Vehicle design and development are transforming in tandem with the automotive industry’s shift towards electrification and autonomous driving. Recognizing the limitations of conventional chassis platforms that are oriented to vehicles with internal combustion engines (ICEs), automotive manufacturers are looking at dedicated ‘skateboard’ electric vehicle (EV) platforms that offer the promise of superior cost efficiencies and enhanced value propositions.
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Frost & Sullivan’s recent analysis on the Indonesian connected trucks telematics market finds that, currently, 96% of companies are using telematics in their fleets with communication functions sent over 3G/4G, leveraging real-time information for efficient operation of their fleets. The commercial vehicle telematics market in Indonesia is growing at a slow rate due to the impact of the COVID-19 pandemic. However, multiple vendors are populating this fragmented sector and competing to gain share.
Frost & Sullivan’s recent analysis finds that the global shared mobility market is anticipated to accelerate and grow in H2 2021, reaching pre-pandemic levels by 2022. Led by the eHailing segment, the global gross market value (GMV) of the industry—which includes ride-hailing, ridesharing, corporate, peer-to-peer (P2P) and traditional car-sharing, mobility-as-a-service (MaaS), and bike-sharing—is expected to reach $608.86 billion by the end of 2021 from $305.92 billion in 2020.
Frost & Sullivan’s recent analysis, Truck OEM Strategies for GHG/CO2 Regulation Compliance, 2020-2030, finds that the adoption of stringent emission regulations across regions to safeguard the environment is a prominent factor transforming the commercial trucks industry. Original equipment manufacturers (OEMs) are exploring advanced internal combustion engine (ICE) concepts, energy recovery systems, advanced aerodynamics, and cutting-edge driver assistance systems to improve fuel efficiency.
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