Tag: electric vehicle

The Europe off-highway electric vehicle (OHEV) market is set for remarkable growth, projected to expand from $1.39 billion in 2024 to $13.78 billion by 2034, reflecting a CAGR of 25.76%. This surge is driven by the adoption of electric equipment in mining, construction, and agriculture sectors, aligning with stringent EU emissions regulations and climate goals. This shift to electric off-highway vehicles is supported by advancements in battery technology, charging infrastructure, and government incentives, positioning these vehicles as pivotal in the region's sustainable mobility shift. Key players include AB Volvo, CNH Industrial, and Liebherr Group.

Shanghai – HERE Technologies, the leading location data and technology platform, is proud to announce its collaboration with NIO’s latest car brand, firefly. HERE is providing firefly with high-quality map data and location services used to enhance the electric vehicle (EV) and advanced driver assistance systems (ADAS). The collaboration is focused on improving the safety, efficiency and overall driving experience of firefly’s intelligent EVs.

Detroit, July 04, 2025 (GLOBE NEWSWIRE) -- The global electric vehicle (EV) busbar market size was valued at US$ 1.7 billion in 2023 and is projected to reach US$ 4.8 billion by 2030, witnessing a market growth CAGR of 15% from 2024 to 2030, according to an analysis by Stratview Research.

Detroit, July 04, 2025 (GLOBE NEWSWIRE) -- The global EV high-voltage heaters market size was valued at US$ 1.5 billion in 2024 and is projected to reach US$ 2.5 billion by 2031, witnessing a market growth CAGR of 7.0% from 2024 to 2031, according to an analysis by Stratview Research.