Tag: electric

Burlingame, CA, July 02, 2025 (GLOBE NEWSWIRE) -- The global automotive bumper market is estimated to be valued at USD 21.27 Bn in 2025 and is expected to reach USD 28.37 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.2% from 2025 to 2032. The growth of the automotive bumper market is driven by the increasing global production of automobiles. Rising concerns over passenger safety are further fueling demand for automotive bumpers. Additionally, advancements in bumper design and materials aimed at improving aesthetics and enhancing damage resistance during low-speed collisions are expected to support market expansion. The rising sales of electric vehicles, along with a focus on reducing vehicle body weight, are also set to create new opportunities for lightweight bumpers in the market.

FREMONT, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced production shipments of its newest electric vehicle (EV) charger, the IQ^® EV Charger 2, in Australia and New Zealand. The IQ EV Charger 2 is a smart charger built to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. With advanced energy management features, the charger can support increased solar self-consumption, lower energy costs, and offer a smart, efficient EV charging experience.