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autoversemobility · 3 months

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Things To Know Before You Buy Car Parts Online

Many people's lives have been made easier by online shopping. It only takes a few mouse clicks to place an order for food, clothing, gadgets, and even auto parts. How can you be sure that buying car parts from an online retailer is secure given the rising number of stories of people being scammed when making purchases? Well, here is a guide for you to know things before you buy car parts online.

Learn about your vehicle

It's not necessary to become an expert or know everything there is to know about your car in order to learn about it. You should be able to replace or repair the part if you know its serial number and the make and model of the vehicle.

The most important thing when making any kind of internet purchase is to do a lot of research. Thus, be careful to complete your assignments. Accounts from other car owners who have experienced similar things are available.

You should only conduct business with reputable retailers if you want your online shopping experience to be seamless and free of frauds. Examining the webpage of an online auto parts retailer is one method to determine its legitimacy. An online auto parts retailer that is trustworthy should have a large product range and an easy-to-use interface.

Verify the product's authenticity and quality

There are significant hazards to the structural integrity, operation, and safety of your car when using inferior or fake auto parts. Make sure you only purchase auto parts from reliable manufacturers and authorized dealers when you shop online. To find out if your neighborhood auto shop has any OEM components available for your automobile, you can give them a call.

Look around and consider the cost of shipping

Despite the convenience, there is a risk that you will spend more money when you shop online. You will receive the best bargain if you compare a variety of products from different merchants before making a final choice. Take into account the shipping total, the delivery schedule, and any additional costs that might apply.

Examining the Returns and Warranty Policies

There is a process for returning merchandise, just like with any other internet transaction. Even if you do a thorough inquiry and inspection of the goods, it is still possible that the order you receive will not fit your car as you had hoped.

Ask an Expert for Advice

It's important to see a professional if you need assistance understanding how to install or verify that a car item is compatible. Seek the advice of a certified mechanic or automotive specialist who can help you select the appropriate item for your car and provide installation guidelines. Their expertise can assist you in making informed decisions and preventing costly errors.

Check to see if customer service is offered

If you want to buy car parts online, you need reliable customer support. Seek out retailers who offer friendly customer support representatives by phone, email, and live chat. You may be confident that you will have quick access to the customer support you require in the event that you run into any problems with the transaction.

Comment on the reviews and remarks

Once you've finished your online transaction, kindly rate both the store and the items. By doing this, you will assist other prospective purchasers and give the seller some much-needed feedback. Your comments might serve as motivation for the online retailer to uphold their standards or enhance the caliber of their offerings.

Discover the Advantages of Online Auto Parts Purchases

Purchasing auto components online may make maintaining or upgrading your car simpler and more convenient. Following these suggestions and guidelines can ensure both the performance of your car and your safety while driving.

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demiumresearch · 4 months

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Multibagger Stock: Shriram Pistons & Rings gains 157% in a year, records over 500% growth in 2 years!

Shriram Pistons & Rings: Revving Up Investor Returns

Demium Research Analyst is a Top-notch SEBI Registered Research Analyst given market study The auto ancillary sector in India has witnessed a surge in recent times, and Shriram Pistons & Rings (SPR) is leading the pack. This leading manufacturer of pistons, piston pins, rings, and engine valves has transformed into a multibagger stock, delivering exceptional returns to investors. Let's delve into SPR's impressive performance and explore the factors contributing to its success.

A Multibagger on the Rise

Over the past year, SPR's stock price has skyrocketed by a staggering 157%, climbing from ₹802.95 to a current level of ₹2,067. This phenomenal growth reflects strong investor confidence in the company's future prospects. But the gains extend far beyond a single year. Looking at a two-year timeframe, SPR's stock boasts a remarkable 512% increase. And if you consider the past four years, the growth story becomes even more compelling, with a phenomenal 654% return on investment. These figures solidify SPR's position as a true multibagger stock, significantly outperforming the broader market.

Factors Fueling the Growth Engine

Several factors have contributed to SPR's impressive stock performance. Here's a closer look at some of the key drivers:

Growth in the Auto Sector: The Indian auto industry is experiencing a revival, fueled by rising disposable incomes and increasing demand for personal vehicles. This positive trend has a direct impact on SPR, as a leading supplier of auto parts to major OEMs (Original Equipment Manufacturers).

Strong Financials: SPR has consistently delivered robust financial performance with healthy revenue and profit growth. The company's focus on operational efficiency and cost control has further strengthened its financial position.

Aftermarket and Exports: SPR is not just reliant on the domestic OEM market. The company is actively expanding its presence in the aftermarket segment, catering to the demand for replacement parts. Additionally, SPR is focusing on exports, which opens up new avenues for growth.

Technological Advancements: The auto industry is undergoing a rapid technological transformation, with a focus on fuel efficiency and emission reduction. SPR is actively investing in research and development to adapt to these changes and offer technologically advanced products.

Looking Ahead: Sustainable Growth Potential

The future looks bright for SPR. The company's strong fundamentals, coupled with the positive outlook for the auto sector, suggest sustained growth potential. Additionally, SPR's focus on innovation and diversification bodes well for its long-term success.

Investor Takeaway

SPR's performance serves as a testament to the company's strong business model and its ability to capitalize on favorable market conditions. While past performance is not necessarily indicative of future results, SPR's impressive track record and growth potential make it an attractive investment opportunity for investors seeking exposure to the booming auto ancillary sector.

Important Disclaimer: This blog content is for informational purposes only and should not be considered financial advice. Always conduct your own research and due diligence before making any investment decisions. if you want such We are Equity research analyst & service provider which provides top-notch services with unique and advanced features. We are customer oriented company in this industry. We have best business model which offer better platform and services to investors and traders of the Indian stock market. for that you need to connected with our research analyst team

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market-news-24 · 4 months

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President Joe Biden is poised to impose 100% tariffs on Chinese electric vehicles this week as part of ongoing trade negotiations between the two countries. The move is expected to impact the growing Market for EVs and could have far-reaching consequences for both American consumers and the global automotive industry. Stay tuned for updates on this developing story. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] President Joe Biden is set to impose new 100 percent tariffs on specific Chinese industries, including electric vehicles, this week. The move comes in response to concerns raised by automakers, unions, and bipartisan efforts in Congress over China's unfair subsidies to its industries, aimed at undercutting foreign competitors. Chinese electric vehicles (EVs) have been able to maintain low prices due to heavy direct subsidies from the Chinese government, far exceeding those offered in the US or Europe. Brands like BYD have focused on cost-saving measures like using single windshield wipers and vertical integration, unlike automakers in other regions that rely on multiple suppliers for parts. Additionally, Chinese EV manufacturers have embraced technology more than other brands, with advanced features like expansive touchscreens and online connectivity that may pose security risks. This has allowed Chinese automakers to sell their products at unbeatable prices in foreign markets, impacting local industries in the process. In response to this threat, the European Union has launched an investigation into anticompetitive behavior by Chinese OEMs and is expected to impose stronger tariffs on Chinese EVs in the near future. The US already imposes an additional 25 percent import tariff on Chinese car imports, and if the new tariffs are implemented, they could affect brands like Polestar and Lotus. Industry leaders like Tesla CEO Elon Musk and Ford CEO Jim Farley have expressed concerns about the potential impact of Chinese EV dominance on global markets. The United Auto Workers union has also called for tariff protections to safeguard American jobs and prevent offshoring. In the US, lawmakers have passed legislation to counter the influx of Chinese EV imports, such as revising the clean vehicle tax credit eligibility criteria to favor vehicles assembled in North America. Senators have called for a ban on Chinese EV imports, and pressure from the US Trade Representative has led to Mexico committing not to offer incentives to Chinese EV makers under the US-Mexico-Canada Free Trade Agreement. In summary, the pushback against Chinese EV dominance is a global effort to protect local industries and jobs from the effects of unfair subsidies and Market manipulation. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] 1. What is happening with tariffs on Chinese EVs? President Biden is planning to impose a 100% tariff on Chinese electric vehicles (EVs) this week. 2. Why is President Biden considering these tariffs? The tariffs are being considered as a response to China's restrictions on American companies operating in their Market.

3. How will this affect the prices of Chinese EVs in the US? The tariffs could significantly increase the prices of Chinese EVs in the US, making them more expensive for consumers. 4. Will these tariffs impact the availability of Chinese EVs in the US? Yes, the tariffs could potentially limit the availability of Chinese EVs in the US Market, as manufacturers may struggle to compete. 5. Is there a chance for these tariffs to be reversed? It is possible that these tariffs could be reversed or adjusted in the future, depending on the outcome of negotiations between the US and China. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000);

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things-to-do-michigan · 1 year

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Advantages of Living in Wixom, Michigan

Wixom, Michigan, boasts numerous advantages, making it an ideal place to call home. Firstly, Wixom boasts a strong sense of community, where neighbors are friendly and welcoming. This creates a warm and inviting atmosphere, making it easy. Various factors, such as education, crime rates, cost of living, and the overall happiness of residents, make it a good location. Also, Wixom boasts the cost of living significantly below the national average and most cities within the state. While it is true that certain regions may have slightly higher costs on a state and federal level, the overall average of housing expenses, utilities, grocery items, transportation, health care, and miscellaneous goods and services remains significantly more affordable.

Used forklifts near Detroit, MI

Andersen Material Handling is the ultimate destination for used forklifts in Detroit, MI. They proudly provide a wide range of OEM components for renowned brands such as Raymond and Komatsu. Additionally, they offer top-quality DuraSource parts designed explicitly for Crown, Toyota, and Yale brands. With an impressive 90% same-day fill rate and an exceptional 99% shipping accuracy, customers can have complete confidence in the quality and reliability of their products. Remanufactured parts undergo rigorous inspection and testing to ensure outstanding performance, unwavering reliability, and exceptional value. Contact (248) 970-9332 for more information about this product.

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Gibson Park near Wixom, Michigan

Gibson Park in Wixom, Michigan, offers a variety of activities for visitors to enjoy. Visitors can visit the historic farmhouse, built in 1872, which is now a museum and tells the story of the Gibson family. The park also boasts several trails which are excellent for walking or biking, a playground with swings, slides, and a climbing structure, picnic areas for lunch or dinner, a pond for fishing, and various concerts and events throughout the year. Gibson Park is a great place to relax and enjoy the outdoors, catering to everyone's interests and preferences. While in Michigan, this park is one of the places you should never miss to visit.

A company that releases chemicals to rivers is investigated.

Local law enforcement is investigating the circumstances of a release at Tribar Technologies, an auto supplier, that put cancer-causing contaminants in the Huron River through a wastewater discharge. The contaminants passed through the Wixom sewage plant, prompting Michigan health and environment agencies to issue a "no contact" advisory with the river. Tribar, a chrome plating company owned by HCI Equity Partners, is responsible for the existing "Do Not Eat" fish advisory in the river due to PFAS chemicals, which were discharged to the river through the Wixom wastewater plant. On Monday, the company notified the state that it had released "several thousand gallons" of liquid containing 5% hexchrome into the Wixom sewer system. The release has prompted widespread river testing and concern for the drinking water intake in Ann Arbor, which sources some water from the river. Read more.

Link to maps

Gibson Park Gibson Dr, Wixom, MI 48393, USA Head south toward Gibson Dr 75 ft Turn left onto Gibson Dr 0.2 mi Turn right onto Old Wixom Rd 276 ft Turn left onto Wixom Rd 0.2 mi Turn right onto W Pontiac Trail 1.0 mi Turn right onto Beck Rd 0.5 mi Turn right onto Andersen Ct 0.2 mi Andersen Material Handling 30575 Andersen Ct, Wixom, MI 48393, United States

#Youtube

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lomospiritual · 2 years

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oemauto-parts · 3 years

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THE OEM AUTO PARTS STORY

OEM Auto Parts llc is formed by a group of individuals from diverse background and headed by an entrepreneur with years of experience recycled auto parts business. We came together to form a customer-centric company, where the customer is put first. We are a young company with years of experience.

At OEM auto parts we get you unlimited access to killer deals on replacement parts for cars. You can stop searching for wholesale aftermarket units. We have access to more than 200 million parts in the USA and Canada. Due to our long term experience and relation with junkyards, salvage yard and auto recyclers we have developed a network to find you the best deals near you. Guaranteed response within 24 hours with the part location or you get refunded if you are paying a finder’s fee.

#OEM AUTO PARTS STORY #AUTO PARTS

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decaffeinatedcatyouth · 3 years

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Latepost has learned from several independent sources that Didi has started the project, led by Yang Jun, vice president of Didi and general manager of Xiaoju.He is also the chief product officer of D1, a customised ride-hailing service launched jointly by Didi and BYD, and the team has already started poaching people from car factories.However, Latepost has not yet learned the specific form and path of Didi's car construction.

Zhu Jiang, former vice president of user development at Nio, is likely to join Didi, a person familiar with the matter said.Zhu Jiang has many years of experience in automobile industry, and has worked in BMW Brilliance, Lexus, NIO, Ford China and other companies.

In addition to the new developments, Latepost has learned from inside Didi that its self-driving subsidiary plans to try new paths beyond its own research and start a new self-driving truck business.

Didi declined to comment.

Didi has several car-building projects in the works

In November 2019, Didi and BYD set up a joint venture, Beautiful Chuxing (Hangzhou) Automotive Technology Co., with BYD holding 65% and Didi 35%, and BYD as the controlling shareholder.The two subsequently launched a customized ride-hailing service, D1, in November 2020. At that time, Didi was also directly involved in the cooperation with Xiaoju.Didi's car service business started in 2016 and became Xiaoju's car service independently in 2019. At present, it includes Xiaoju youche (car rental platform), car maintenance, second-hand car, charging and refueling.Didi wants to focus on renting from the front end to the back end, with services such as maintenance, insurance and energy.

In June 2020, Didi Autopilot, a subsidiary of Didi, announced a partnership with BAIC, in which the two sides will jointly develop high-level self-driving customized models for RoboTaxi (self-driving taxi) operations.

And this time Didi started to build a car, is likely to be along the D1, the further exploration of customized online car hailing.

Analysts in the industry say Didi's new car plan will be different from the car-company-dominated approach it took when it launched the D1.This time Didi will be more capital-intensive and more engaged.This echoes Didi's message when it launched D1, which stressed that it was the "first" custom ride-hailing service.

According to the plan previously mentioned by Cheng Wei, founder and CEO of Didi at the D1 launch, Didi's customized ride-hailing service will continue to iterate, and by 2025, the customized version of D3 will be popular on Didi's platform, with more than 1 million units. By 2030, the D series aims to eliminate the cockpit and achieve full driverless driving.

On the other hand, although Didi has made more efforts to build cars, according to industry analysts, it is not possible for Didi to set up a wholly-owned subsidiary to build cars like Xiaomi, because its capital may not be able to keep up with it, and its model may be lighter than Xiaomi's.

One investor believes that it is a more economical choice for Didi not to build cars by itself. At present, the production capacity of car companies is too large, and Didi, as a big customer, can completely eat a part of the upstream profits.But building your own can tell a better capital story and keep drivers further on the platform.

Didi has partnered with third-party car rental companies in many places, allowing drivers without cars to hire cars to join Didi's platform to pick up customers.But aggregated car-hailing platforms such as AutoNavi, Meituan and Hello are also courting local car rental companies to compete with Didi.By providing its own operating vehicles, Didi could reduce its reliance on third-party rental companies and reduce the cost of securing drivers.

Whether it was D1 last year or the new plan now, there is a clear logic behind Didi's entry into the custom ride-hailing service.Currently, the cost of the online car hailing market based on fuel models is too high, which directly leads to the limited scale of the online car hailing market and low profit.

Customizing ride-hailing is one way for Didi to reduce costs and improve operational efficiency.In 2018, Didi and Ideal had previously planned to cooperate in this area and set up a related subsidiary, JudianChuxing, in which Didi held a 51% stake and Ideal 49%.

However, Latepost previously reported that Didi's cooperation with Ideal has been terminated and that Judian plans to become an independent OEM-travel company with new strategic shareholders.

Since then, Didi has established joint ventures with BAIC, BYD and Volkswagen.But Didi's tie-up with Volkswagen and BAIC has yet to materially develop.

Li Xiang, founder of Ideal Auto, said at the time that the future evolution of the mobility market will be in line with the logistics industry standard, which means the lower the cost the better and the more efficient the better.The partnership between Ideal and Didi is aimed at further reducing costs on the premise of safety.According to Li Xiang's calculation, the cost of the new car may be 10~15% more expensive than that of the ordinary fuel-powered car, but the battery life will double, and the amortized cost per kilometer will drop 0.5~0.6 yuan, or nearly 20%, compared with that of the fuel-powered car.

What's more, customized online car hailing can also improve user experience and produce cars that are more suitable for driverless driving, making preparations for the landing of driverless driving in the future.

As a result, custom ride-hailing could also become a connection point between Didi's ride-hailing platform service and its Robotaxi business, which its self-driving subsidiary is building up.

Didi's self-driving business may also be changing

In addition, a person close to drops autopilot told the late LatePost drops autopilot company is currently in the research of automatic driving route, is also considering to try the second route, the route may be combined with vehicle road new "Robotaxi ping's", namely the side access Robotaxi enterprises with operational vehicles, access to the passengers.

But given that Didi itself is doing Robotaxi, if it takes this route, the short-term drag will be persuading other Robotaxi companies to work with Didi.Currently, Chinese companies such as Baidu, Xiaoma Zhixing and Wenyuan Zhixing all have their own taxi-hailing apps, while AutoX can use AutoNavi to take taxis. The biggest challenge for the autonomous driving industry is technology and product maturity rather than competing for passengers.

Meanwhile, Didi Autopilot has also started experimenting with a self-driving truck project, which is being led by Didi Autopilot CTO Wei Junqing, confirmed by Late Latepost.

On Friday (April 2), two days after the official announcement, the Huaxia Alumni Association, attended by many entrepreneurs and investors, was held at the Xiaomi campus. A photo of Lei Jun with Wang Chuanfu, Li Bin, Li Xiang and He Xiaopeng was widely circulated.

Cheng Wei, the CEO of Didi, was also at the table with Li Xiang and Li Bin, but in the group photo, Li Xiang were on stage and Cheng Wei and Yang Jun were in the audience.

Mr Cheng has previously said Didi does not build cars and is not seeking to become the biggest car operator in the future.Didi's core competence is to serve its users and car owners well, and to keep investing and making breakthroughs in big data and technology.

Mr Cheng may have to eat his words. He and Didi will also be in the car building business.But from the business logic, it is good news.

Didi has more on its plate than just building cars.Didi plans to go public this year. In order to achieve better market valuation, Didi has carried out more diversified business expansion, including "Orange Heart Preferred", which is now a key business community group purchase.Community group-buying is also a capital-heavy track, and brings together the giants with the strongest financial strength at present -- Meituan, Pinduoduo, Ali and Jingdong all regard it as an important direction.

Bloomberg had previously reported that Didi had plans to inject about $3 billion into its preferred unit.Didi is also working with financial advisers to raise about $1bn from outside investors.

More deeply involved in and led the launch of customized online car hailing, into the self-driving truck, into the community group buying market, Didi will be listed this year, the new moves continue.Didi, which has always been considered by the market to be relatively cautious in making decisions, showed a sharper ambition on the eve of its listing.

Edit/Viola

Risk note: the author's or guest's opinions above all have their own specific positions. Investment decisions should be made on the basis of independent thinking.Futu will do its best but cannot guarantee the accuracy and reliability of the above information and will not be liable for any loss or damage caused by any inaccuracy or omission.

#Didi officially started building cars

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worktak · 4 years

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Auto Woes

It takes about 8,460 bolts to assemble an automobile, and one NUT to scatter it all over the road.. - Anonymous

Indian auto industry is an interesting story to follow: An industry, which contributed 27 % of the Indian GDP and 49% of the manufacturing GDP, did not possibly expect a road hump or any impediment for its linear growth; however, this growing Indian industry suddenly started experiencing a virtual breakdown.

The breakdown has been quite intriguing for seekers like me. As I set out to find what is holding the segment’s growth, I chatted with a number of friends in the auto segment and carried out secondary research before drawing some personal inferences. Naturally, the story here is limited to the value derived from those sources

The global market, since 2018 for the industry, is sliding backwards and Indian markets is no exception, and this gradient seems to be steeper in 2020. Every business has its cycle between its best and worse and auto sector is not immune from this.

Prior to 2018, auto industry was on its high speed growth and the industry pundits had pointed towards larger demand for both passenger and commercial segments. Large inventories were built around these forecasts; however, host of things seems to have gone wrong ever since then.

Some of the common reasons attributed by the industry pundits for the slow growth are the regulatory reforms, technology disruptions, and now the C-Virus!

In any case, the auto manufacturers, its employees, and the economy that had to bear the brunt. As i started my seeking journey to get insights, quite a few more pointers emerged.

Transitioning BS 4 to BS 6:

One of the elements contributing to the slowdown is the new policy introduction of converting all vehicles to Bharath stage VI (BS VI) from Bharath stage IV (BS IV) and this in a small time frame of 3 years. It is said that Europe had ten years’ time frame for the same process.

The emission of pollutants like nitrogen oxide and sulphur along with the particulate matter (this is a mixture of particles and droplets), which is believed to be carcinogenic, is now reduced by 80% in BS VI vehicles.

The policy was to be in effect from April 2020 and noncompliance of BS VI standard vehicles means risking non-registration of vehicle. This not only slowed down the production, this also resulted in buyers postponing their buying decisions till mid 2020.This transition meant additional cost to manufacturers and buyers eventually.

GST:

At 28%, GST is making vehicle acquisition more and harder. There have been varied thinking among those leading manufactures on how to go about this.

Recently, one of the prominent leaders of the manufacturing opined that GST should be reduced only for those vehicles that have compiling with BS VI standards. This seems to make sense in some way, but there are voices of concerns around about the need to push their existing vehicles out of dealer stocks and are asking for GST to be reduced to 18%. Well, would this happen? Let’s wait!

Axle load norms

The regulatory amendments on axle load norms have been one of the key factors attributed to slowdown factor.

According to new policy, maximum safe axle weight of 7 tones is introduced from 7.5 tons for single axis. Two-axle truck now would come with a load capacity of 18.5 tons from 16.2 tons. The three-wheeler truck is expected to come up with load capacity of 28.5 tons from 25 tons.

Incorporating all these changes to the existing inventory is not an easy task besides a host of other things - this calls for time and money.

The EVs

Just about the time when people were thinking and talking about their vehicle upgrades to BS VI and auto gears, the possibility of policy decision that may bring electric vehicles (EVs) soon on roads was quite a disruptive signal among the passenger vehicles buyers. Although this is a reality of the future, how soon this will take over is still a question; this does not seem to be answered in a sure tone.

Finally:

The Lockdown:

The most unexpected of all the reasons is that C-virus that has been a game changer in many ways the world functions and auto industry is no exception. Just around the time there was some relief from regulatory sources and an expectation of the changing trend in auto sales, the lockdown came into effect !

The lockdown has brought a different way of corporate working and it is going in the direction that working from home seems a norm for a long time to come. The corporate employees, who form significant part of the passenger car segment, now see car for work as almost redundant.

The commercial segment is still to recover from the losses due to lockdown and this is still in an uncertain point; however, the forecast of possibly the good Ragi season ahead ushers some hopes. The government stimulus package may have an impact on the buyer motivation.

Going forward:

Please scroll to watch the conversation with Pradeep( CEO of OEM org, Jarkhand)

The crux of the problem is the lower demand and there is a surplus supply. This is mainly pointed towards wrong forecasting and a rush to acknowledge this as true by the auto manufacturers, so the existing stocks have to be cleared as-is. The reduction in GST would bring down acquisition cost and this can be a part of the buyer motivation. The government will certainly weigh the pros and cons before bringing this into effect.

Extending the timeline for manufacturers to comply with BS VI norms − at least, till the current stocks are sold out − is a relief to the manufacturing sector. Banks may offer vehicle loans at a cheaper rate of interests for a limited period.

The transition to BS VI cost, which is estimated to be around 10%-15% overhead, should not be passed on to customer; this is easier said than done.

Industry opinions are now suggesting that policy on scrapping of old cars should be brought in with an incentive rather than simply for nothing.

As of now, there seems to be no magic wand to wipe out the woes of the auto industry, may not be, at least, till the 2H of the 2021; however, the industry is much of a giant to be kept in a sleep mode for long and will soon wake up to see its brighter days.

You are welcome to suggestions and discussions on this topic by posting it on “submit your post.” or write to [email protected]

Other Interesting read :

Relief for Automobile industry....

Reactions to MSME relief package ...

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homebiztaxcoach · 5 years

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#REALRESULTS Member Story of the Day - Original Parts Please: “So I had a fender bender recently & when I found out my Auto Insurance company wasn't going to give me Genuine Dodge Replacement parts & wanted to give me refurbished /aftermarket parts I was not very happy! So I called my LegalShield law firm & got them involved & voila! The supervisor calls me back & said they are now cutting a BIGGER check to cover the Genuine OEM parts that will be put on my car! LegalShield is the insurance for your Insurances! When your Auto/Health/Home/Cell or Life insurance doesn't want to pay, LegalShield MAKES EM!” #LegalShield #member #membership #lawfirm #lawfirms #attorney #attorneys #lawyers #lawyer #automobile #car #insurance #parts #genuine #Dodge #mopar #aftermarket #refurbished #refurb (at Carlstadt, New Jersey) https://www.instagram.com/p/ByYUAXApT-H/?igshid=18hj2qgdfll6m

#realresults #legalshield #member #membership #lawfirm #lawfirms #attorney #attorneys #lawyers #lawyer #automobile #car #insurance #parts #genuine #dodge #mopar #aftermarket #refurbished #refurb

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yes-thisisross-blog · 5 years

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Does the “Intel Inside” success story offer lessons for Big Auto as they develop and “roll-out” (pun intended) electric cars?

In 1991, Intel launched its “Intel Inside” brand. Marrying that top-notch branding with Intel’s intention to remain the leader in silicon chip development has led Intel to be the #11 most valuable brand in the world, according to the Interbranch Best Global Brands Report 2018.

Auto brands are right there too. 4 of the top 20 brands are auto (Toyota (#6), Mercedes (#8), BMW (#13), Honda (#20)), along with 5 more in the top 50. But it’s not just ranking: Intel may have charted a path in the branding of PC chip development that has lessons for those brand-conscious automakers as they move into and compete the realm of electric cars.

The well-known “Moore’s Law” (chip speeds double every two years) has created a very short product cycle for the semiconductor industry, based on rapid technological innovation. But PCs don’t wear out every two years. This type of existing-product-quality v. innovation cycle caught up to Intel in the late 1980s. Customers were content with an existing product (the 286 chip), and were buying very few of an entire life-cycle of the current chip (the 386). Each cycle involves billion of dollars of investment, that could get almost entirely lost. Maybe worse, a two-year window of satisfied, complacent customers could come to define the brand (downward) if a competitor rolls out something new in the middle.

If the brand is cutting edge technology at all times, then the company needs customers to be actually buying those cutting edge products at all times. Just having the best tech doesn’t hold a candle to consistently selling the best tech.

So what did Intel do? The simple view is that they developed their own B2C brand even though they are a B2B company. They worked with OEM computer makers to avoid branding conflicts in the value chain.

Now the big automakers, for the first time in a long time, face a period of likely rapid technological development with short life cycles. That challenge is the quick development in stages of mass-market electric cars that rival conventional cars: first hybrids, now plug-in hybrids, and no-doubt soon fully electric regular-sized cars and SUVs (setting aside Tesla’s now-luxury positioning plus attempt to jump in one leap to a fully mass-market all-electric car).

Honda’s 2018 Clarity Accord-sized Plug-in Hybrid.

The smaller-sized Audi e-Tron

Like Intel’s 286 processor customer, a car buyer who purchases a plug-in hybrid that works for commuting could feel that they don’t need another electric car for 5-10 years. And that could leave room for a technology-leader today to lose the advantage of a brand seen as cutting edge.

2012 Toyota Prius Hybrid

Thus automakers probably want to find a way to get consumers (electric car buyers) to want a new product in a much shorter time than the actual product lasts. Certainly ads and other branding tools matter. Just as certainly it would be a change from the current types of ads that car manufacturers run. But as as surely, integrating with actual operations matters. For auto, this is both on the technology side -- having whole new products to roll out fully redesigned products faster than the current 4-6 years (according to Autotrader.com). And for auto there is another big component of operations -- the auto finance part of the business, because a car is such a big-ticket item. So as an example, if a carmaker is trying to do what Intel did, promoting new computer purchases in every short cycle, the carmaker might want to consider making short term leases more attractive than buying the car. This could be a long-term view combining strategy, operations and branding.

In-development Mercedes Plug-in Hybrid.

Another possible lesson: perhaps the OEM’s want to initiate a program like “Intel Inside” with a leading, cutting-edge maker of electric car batteries. That presents value-chain problems, but just like Intel managed that potential competition down the chain to its OEMs, maybe big auto could manage that up-the-chain to a supplier of the critical component of electric cars -- the battery.

In any event, there is no doubt that Intel developed a wildly successful strategy to couple a new brand with its technology leader strategy. It had to continue to link them at every phase of company operations, and doing so reinforced both the brand and operations.

Big auto might learn a lesson now that they face what looks like an eerily similar situation to the early leaps in PC chip technology.

#Intel #bigauto #electriccars #2019mitsloanbrandinga

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toomanysinks · 6 years

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Transportation Weekly: Polestar CEO speaks, Tesla terminology, and a tribute

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fourth edition of our newsletter, a weekly jaunt into the wonderful world of transportation and how we (and our packages) move.

This week we chat with Polestar CEO Thomas Ingenlath, dig into Lyft’s S-1, take note of an emerging trend in AV development, and check out an experiment with paving. Oh, and how could we forget Tesla.

Never heard of TechCrunch’s Transportation Weekly? Catch up here, here and here. As I’ve written before, consider this a soft launch. Follow me on Twitter @kirstenkorosec to ensure you see it each week. (An email subscription is coming).

ONM …

There are OEMs in the automotive world. And here, (wait for it) there are ONMs — original news manufacturers. (Cymbal clash!) This is where investigative reporting, enterprise pieces and analysis on transportation lives.

This week, we’re featuring excerpts taken from a one-on-one interview with Polestar CEO Thomas Ingenlath.

On February 27, Volvo’s standalone electric performance brand Polestar introduced its first all-electric vehicle, a five-door fastback called the Polestar 2. The EV, which has a 78 kWh battery pack and can travel 275 miles (estimated EPA guidance) on a single charge, will be manufactured at a new factory in Chengdu, China. Other notable specs: The infotainment system will be powered by Android OS, Polestar is offering subscriptions to the vehicle, and production starts in 2020.

Here is what Ingenlath had to say to me about …

EV charging infrastructure

To be very unpolitical, I think it would be totally stupid if we were to aim to develop electric charging infrastructure on our own or for our brand specifically. If you join the electric market today, of course, you would see partnerships; that’s sensible thing to do. Car companies together are making a big effort in getting out a network of necessary charging stations along the highway.

That’s what we’re doing; we’re teaming up and have the contracts being designed and soon signed.

On the company’s approach to automation

The terminology is important for us. We very clearly put that into a different picture, we’re not talking about, and we clearly do not ever want to label it, an “autopilot.” The focus of this system is a very safe distance control, which brakes for you and accelerates for you, and of course, the lane keeping. This is not about developing an autopilot system, it is about giving your safety. And that’s where we don’t want to provoke people thinking that they have full rollout autopilot system there. But it is a system that helps you being safe and protected on the road.

I also reached out to Transportation Weekly readers and asked what they wanted to know and then sent some of those questions to Ingenlath.

TW Reader: How did it feel taking one of your personal styling elements – the C shaped rear lamps – from your previous brand over to Polestar?

Ingenlath: It’s an evolutionary process. Polestar naturally builds on its “mothers” DNA and as a new branch develops its own personality. Thor’s hammer, the rear light signature -—with each new model launch (Volvo and Polestar) those elements diverge into a brand specific species.

TW Reader: How much do you still get to do what you love, which is design?

Ingenlath: Being creative is still my main job, now applied on a broader scope — trying to lead a company with a creative and brand building mindset. Still, I love the Fridays when I meet up with Robin and Max to review the models, sketches and new data. We really enjoy driving the design of both brands to new adventures.

Dig In

Tesla is finally going to offer customers a $35,000 Model 3. How the automaker is able to sell this electric vehicle at the long-awaited $35,000 price point is a big piece of that story — and one that some overlooked. In short, the company is blowing up its sales model and moving to an online only strategy. Tesla stores will close or be converted to “information centers” and retail employees will be laid off.

But this is not what we’re going to talk about today. Tesla has also brought back its so-called “full self-driving” feature, which was removed as an option on its website last year. Now it’s back. Owners can opt for Autopilot, which has automatic steering on highways and traffic-aware cruise control, or FSD.

FSD capability includes several features such as Navigate on Autopilot that is supposed to guide a car from a highway on-ramp to off-ramp, including navigating interchanges and making lane changes. FSD also includes Advanced Summon, Auto Lane Change, and Autopark. Later this year, the system will recognize and respond to traffic lights in more complex urban environments, Tesla says.

All of these features require the driver to be engaged (or ready to take over), yet it’s called “full self-driving.” Now Tesla has two controversially named automation features. (The other is Autopilot). As Andrew Hawkins at The Verge noted in his coverage, “experts are beginning to realize that the way we discuss, and how companies market, autonomy is significant.”

Which begs the obvious question, and one that I asked Musk during a conference call on Thursday. “Isn’t it a problem that you’re calling this full self-driving capability when you’re still going to require the driver to take control or be paying attention?” (I also wanted to ask a followup on his response, but the moderator moved onto the next reporter).

His response:

“We are very clear when you buy the car what is meant by full self driving. It means it’s feature complete, but feature complete requiring supervision.

As we get more — we really need billions of miles, if not maybe 10 billion sort of miles or kilometers on that order collectively from the fleet — then in our opinion probably at that point supervision is not required, but that will still be up to regulators to agree.

So we’re just very clear. There’s really three steps: there’s being feature complete of full self driving that requires supervision, feature complete but not requiring supervision, and feature complete not requiring supervision and regulators agree.

In other Tesla news, the National Transportation Safety Board is investigating a crash, that at first glance seems to be similar to the fatal crash that killed Tesla owner Joshua Brown.

In cooperation with the Palm Beach sheriff’s office, the NTSB is sending a team of three to conduct a safety investigation of the commercial motor vehicle and Tesla crash in Delray Beach, FL.

— NTSB_Newsroom (@NTSB_Newsroom) March 2, 2019

A little bird …

We hear a lot. But we’re not selfish. Let’s share.

It’s no secret that Pittsburgh is one of the hubs of autonomous vehicle development in the world. But what’s not so widely known — except for a group of government and company insiders — is that Mayor William Peduto is on the verge of issuing an executive order that will give more visibility into testing there.

The city’s department of mobility and infrastructure is the central coordinator of this new executive order that aims to help guide testing and policy development there. The department is going to develop guidelines for AV testing, we’re told. And it appears that information on testing will be released to the public at least once a year.

Got a tip or overheard something in the world of transportation? Email me or send a direct message to @kirstenkorosec.

Deal of the week

Daimler and BMW are supposed to be competitors. And they are, except with mapping (both part of the HERE consortium), mobility services (car sharing, ride-sharing), and now the development of highly automated driving systems. The deal is notable because it illustrates a larger trend that has emerged as the AV industry hunkers down into the “trough of disillusionment.” And that’s consolidation. If 2016, was the year of splashy acquisitions, then 2019 is shaping up to be chockfull of alliances and failures (of some startups).

Also interesting to note, and one that will make some AV safety experts cringe, both companies are working on Level 3 driving automation, a designation by the SAE that means conditional driving automation in which multiple high levels of automation are available in certain conditions, but a human driver must be ready to take over. This level of automation is the most controversial because of the so-called “hand off” problem in which a human driver is expected to take control of the wheel in time.

Speaking of partnerships, another deal that got our attention this week involved New York-based mapping and data analytics startup Carmera and Toyota Research Institute-Advanced Development. TRI-AD is an autonomous drive unit started by Toyota with Denso and Aisin. TRI-AD’s mission is to take the research being done over at the Toyota Research Institute and turn its into a product.

The two companies are going to test a concept that will use cameras in Toyota test vehicles to collect data from downtown Tokyo and use it to create high definition maps for urban and surface roads.

TRI-AD considers this the first step towards its open software platform concept known as Automated Mapping Platform that will be used to support the scalability of highly automated driving, by combining data gathered from vehicles of participating companies to generate HD maps. AMP is new and has possible widespread implications at Toyota. And TRI-AD is full of A-listers, including CEO James Kuffner, who came from the Google self-driving project and Nikos Michalakis, who built Netflix’s cloud platform, and Mandali Khalesi, who was at HERE.

Read more on Khalesi and the Toyota’s open source ambitions here.

Other deals:

India’s Ola spins out a dedicated EV business — and raised $56M

Volvo Cars has acquired a stake in Zūm, an on-demand ride sharing service for children

Snapshot

Snapshot this week is a bit untraditional. It’s literally a snapshot of myself and my grandmother, months before her 100th birthday. Her memorial service was held Saturday. She died at 101. She loved cars and fast ones, but not so much driving them. And every time I got a new press car, we’d hit the road and she’d encourage me to take the turns a bit faster.

She also loved road trips and in the 1920s, her father would drive the family on the mostly dirt roads from New Jersey to Vermont and even Canada. In her teens, she loved riding in the rumble seat, a feature found in a few vehicles at the time including the Ford Model A.

She was young at heart, until the very end. Next week, we’ll focus on the youngest drivers and one automotive startup that is targeting that demographic.

Tiny but mighty micromobility

Lyft’s S-1 lays out the risks associated with its micromobility business and its intent to continue relying on third parties to manufacture its bikes and scooters. Here’s a key nugget about adoption:

“While some major cities have widely adopted bike and scooter sharing, there can be no assurance that new markets we enter will accept, or existing markets will continue to accept, bike and scooter sharing, and even if they do, that we will be able to execute on our business strategy or that our related offerings will be successful in such markets. Even if we are able to successfully develop and implement our network of shared bikes and scooters, there may be heightened public skepticism of this nascent service offering.”

And another about seasonality:

“Our limited operating history makes it difficult for us to assess the exact nature or extent of the effects of seasonality on our network of shared bikes and scooters, however, we expect the demand for our bike and scooter rentals to decline over the winter season and increase during more temperate and dry seasons.”

Lyft, which bought bike-share company Motivate back in July, also released some data about its electric pedal-assist bikes this week, showing that the pedal assist bikes are, unsurprisingly, more popular than the traditional bikes. They also traveled longer distances and improved winter ridership numbers. Now, Lyft is gearing up to deploy 4,000 additional electric bikes to the Citi Bike system in New York City.

One more thing …

Google Maps has added a feature that lets users see Lime scooters, pedal bikes and e-bikes right from the transit tab in over 80 new cities around the world. Users can click the tab to find out if Lime vehicle is available, how long it’ll take to walk to the vehicle, an estimate of how much their ride could cost, along with total journey time and ETA.

Notable reads

If take the time to read anything this week (besides this newsletter), spend some time with Lyft’s S-1. The ride-hailing company’s prospectus mentions autonomous 109 times. In short, yeah, it’s something the company’s executives are thinking about and investing in.

Lyft says it has a two-pronged strategy to bring autonomous vehicles to market. The company encouraging developers of autonomous vehicle technology to use its open platform to get access to its network and enable their vehicles to fulfill rides on the Lyft platform. And Lyft is trying to build its own autonomous vehicle system at its confusingly named “Level 5 Engineering Center.”

The company’s primary investors are Rakuten with a 13 percent stake, GM with 7.8 percent, Fidelity with 7.7 percent, Andreessen Horowitz with 6.3 percent and Alphabet with 5.3 percent. GM and Alphabet have business units, GM Cruise and Waymo respectively, that are also developing AV technology.

Through Lyft’s partnership with AV systems developer and supplier Aptiv, people in Las Vegas have taken more than 35,000 rides in Aptiv autonomous vehicles with a safety driver since January 2018.

One of the “risks” the company lists is “a failure to detect a defect in our autonomous vehicles or our bikes or scooters”

Other quotable notables:

Check out the Pedestrian Traffic Fatalities by State report, a newly released report from Volvo Car USA and The Harris Poll called The State of Electric Vehicles in America.

Testing and deployments

Again, deployments doesn’t always mean the latest autonomous vehicle pilot.

On Saturday, Sidewalk Labs hosted its Open Sidewalk event in Toronto. This is part of Sidewalk Toronto, a joint effort by Waterfront Toronto and Alphabet’s Sidewalk Labs to create a “mixed-use, complete community” on Toronto’s Eastern Waterfront

The idea of this event was to share ideas and prototypes for making outdoor public space the “social default year-round.” One such prototype “hexagonal paving” got our attention because of its use case for traffic control and pedestrian and bicyclist safety. (Pictured below)

These individual precast concrete slabs are movable and permeable, can light up and give off heat. The idea is that these hexagonal-shaped slabs and be used to clear snow and ice in trouble spots and light up to warn drivers and pedestrians of changes to the street use or to illuminate an area for public uses or even designate bike lanes and hazard zones. And because they’re permeable they can be used to absorb stormwater or melted snow and guide it to underground stormwater management systems.

Sidewalk Labs tell me that the pavers have “plug and play” holes, which allow things like bike racks, bollards, and sign posts to be inserted. Sidewalk Labs initially built these with wood, and the new prototype is the next iteration, featuring modules built from concrete.

On our radar

There is a lot of transportation-related activity this month.

The Geneva Motor Show: Press days are March 5 and March 6. Expect concept, prototype and production electric vehicles from Audi, Honda, Kia, Peugeot, Pininfarina, Polestar, Spanish car company Hispano Suiza, and Volkswagen.

SXSW in Austin: TechCrunch will be at SXSW this coming week. Here’s where I’ll be.

2 p.m. to 6:30 p.m. March 9 at the Empire Garage for the Smart Mobility Summit, an annual event put on by Wards Intelligence and C3 Group. The Autonocast, the podcast I co-host with Alex Roy and Ed Niedermeyer, will also be on hand.

9:30 a.m. to 10:30 a.m. March 12 at the JW Marriott. The Autonocast and founding general partner of Trucks VC, Reilly Brennan will hold a SXSW podcast panel on automated vehicle terminology and other stuff.

3:30 p.m over at the Hilton Austin Downtown, I’ll be moderating a panel Re-inventing the Wheel: Own, Rent, Share, Subscribe. Sherrill Kaplan with Zipcar, Amber Quist, with Silvercar and Russell Lemmer with Dealerware will join me.

TechCrunch is also hosting a SXSW party from 1 pm to 4 pm Sunday, March 10, 615 Red River St., that will feature musical guest Elderbrook. RSVP here.

Self Racing Cars

Finally, I’ve been in contact with Joshua Schachter who puts on the annual Self Racing Car event, which will be held March 23 and March 24 at Thunderhill Raceway near Willows, California.

There is still room for participants to test or demo their autonomous vehicles, drive train innovation, simulation, software, teleoperation, and sensors. Hobbyists are welcome. Sign up to participate or drop them a line at [email protected].

Thanks for reading. There might be content you like or something you hate. Feel free to reach out to me at [email protected] to share those thoughts, opinions or tips.

Nos vemos la próxima vez.

source https://techcrunch.com/2019/03/03/transportation-weekly-polestar-ceo-speaks-tesla-terminology-and-a-tribute/

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realty360 · 2 years

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French apartments, French Apartments Noida Extension, French Apartments Price List, French Apartments Possession, French Apartments Construction Update

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tattlepress · 3 years

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Electric car prices could go up even as fuel prices soar

New Post has been published on https://tattlepress.com/technology/electric-car-prices-could-go-up-even-as-fuel-prices-soar/

Electric car prices could go up even as fuel prices soar

As US gas prices hit record highs in the wake of Russia’s invasion of Ukraine, it seems like electric vehicles may not be a safe haven for those looking to save money. That’s because Russia plays an important part in the production of the nickel that ends up in batteries used by many electric vehicles — a metal that’s rocketed up in price even faster than oil.

On February 25th, nickel was trading on the London Metal Exchange for around $24,000 a ton, according to The Wall Street Journal. By March 8th, it was trading at $80,000 (down from a peak of over $100,000), and the London Metal Exchange had suspended trading. There are a few reasons for the massive uptick in price — because it’s 2022, there are financial shenanigans involved, but it’s also impossible for the market to ignore the fact that an important nickel producer is at war and facing a flurry of international sanctions.

The move in nickel prices today is by far the biggest-ever one-day increase in the six base metals (nickel, tin, copper, aluminum, zinc, lead) traded on the London Metal Exchange pic.twitter.com/m9ZqdTcBM6

— Nat Bullard (@NatBullard) March 7, 2022

When it comes to mining nickel, Russia isn’t a massive player. According to the WSJ, the country supplies up to 6 percent of the world’s nickel. (For context, that puts it a distant third behind Indonesia and the Philippines, according to a datasheet from the US Geological Survey (pdf).) But Russia’s role in producing the battery-grade nickel used in EVs is a different story — in a Twitter thread breaking down the issue, the CEO of Benchmark Mineral Intelligence says 20 percent of that supply comes from a single Russian company.

Norilsk overall accounts for 7% of all in nickel supply. But EV makers, auto OEMs and battery cell producers will terrified of losing 20% of a market with prices already at decade long highs.

— Simon Moores (@sdmoores) February 24, 2022

Automakers are, of course, aware of nickel’s scarcity. Elon Musk, CEO of Tesla, tweeted in late February that the EV company plans to shift its standard distance cars away from nickel-hungry lithium-ion battery cells. Calling nickel the company’s “biggest concern for scaling,” he said that Tesla will be moving to iron cathode tech, but it’s hard to tell how long that process will take. It also doesn’t help with the more desirable long-range models. According to Bloomberg and Reuters, nickel prices were already becoming a problem for EV manufacturers even before the invasion.

(Last week, Musk also tweeted that the world needed to produce more oil and gas to make up for what it had been getting from Russia.)

It’s not impossible to make batteries without nickel — Volkswagen and other automakers are looking into other battery technologies that don’t use it or cobalt (the price of which has also been on the rise), according to Reuters.

But, like energy policy, battery production and integration is a big ship for automakers to turn around — if the prices of nickel and other metals stay up, it’ll be a race to switch to other tech before the shockwaves of higher prices and sanctions make their way through the supply chain. If automakers don’t make the shift quickly, it could put EVs even further out of reach for most Americans, at a time when gas prices are making them look better than ever.

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dccomicsnews · 6 years

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[Editor’s Note: This review may contain spoilers]

Created by: Brian Michael Bendis, Michael Avon Oeming

Colors: Taki Soma

Letters: Carlos Mangual

Design: Curtis King Jr.

Summary

From the Eisner Award-winning creators of POWERS comes a crime-infused blast of alternate history. Years ago, the five families of organized crime had such a stranglehold over the American public that the U.S. government found itself forced to give up part of the country or lose all of it. Now the unrest between America and the families has come to a boil. A war is about to come—a war no one is ready for. Newly made man Valentine Gallo and mob hitwoman Jagger Rose find themselves torn over which side of the war they want to be on.

Positives

Bendis’ work seems very Disney formula in that we immediately see a young lady lose her parent, but he takes a turn and immediately gives her the gratification of revenge in just a few panels. This is not a story of revenge, but one of when a child is allowed to go with their gut and embrace the dark emotions that come from losing a parent.

Bendis provides a retrospective account of Jagger’s father’s plunge to a gruesome death through her eyes. The reader is left with a lot of questions as to where Jagger’s mother is, who is Uncle Jake, and why in a year’s span does he lose an eye? At first glance, I thought this was going to be on the Teen Titans cartoon side with Mack and Soma’s renderings, but I can’t see this story being told without having the cartoon panels drawn the way they are done.

Bendis provides a great cliffhanger at the conclusion of the issue, thus sucking the reader more into Jagger’s story. I can’t help but think there is some sort of collision course with this and Scarlet #1, which Bendis released last month. Time will tell.

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Negatives

Don’t let the art work take you down a path of thinking this is too cartoonish. I see as Jagger grows, the penciling, etc will take on a sharper adult look. No real negatives here, but a lot of open holes left to be filled, so let’s hope the ride continues. I’m not sure of the title, but maybe time will tell in that question as well!

Verdict

If you like a good origin story that is going to have a lot of layers, then this may be the journey for you. Bendis’ work is proven over time, and this should be a fun ride!

Review: US vs MURDER INC #1 Created by: Brian Michael Bendis, Michael Avon Oeming Colors: Taki Soma Letters: Carlos Mangual Design: Curtis King Jr.

#Brian Michael Bendis #Carlos Mangual #Curtis King Jr.#Jagger Bonavese #Jinxworld #Michael Avon Oeming #Taki Soma #Uncle Jake #United States vs. Murder Inc.

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carsworld41 · 3 years

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Why Electric Vehicles Will Soon Dominate the Road

Last week, US President Joe Biden signed an Executive order that calls for half of all new vehicles sold in the US to be fully electric by 2030. This momentous action folds into the Biden administration’s greater plan of reducing US carbon emissions by 50 to 52 percent before 2030, and pushing the US to be Net zero by 2050 altogether. As it stands, only 2% of all vehicle sales in the US are electric vehicles (EVs), but one US senior administration official remarked that “it’s a central element of [Biden’s] economic agenda to help us grow our leadership in electric vehicles.” The developing economic interest of EVs in the United States is only one part of the story of a greater global trend in EV funding and market growth, and this impending expansion of this market could quite possibly be one of the greater technological paradigms that occur in the 21st century — something that is worth keeping a close eye on as both a consumer and investor.

Despite the COVID-19 pandemic, global EV sales & registrations reached an all-time high in 2020, seeing a 70% encrease from 2019, with no signs of slowing. Through 2027, the global EV market is expected to grow at a CAGR of 33.6%, reaching a total valuation of $2.5 trillion USD. For perspective, the entire automobile industry is estimated to be valued at 2.7 Trillion$ this year. To suggest that the EV market alone could be worth nearly 10x its value today within seven years is an astounding economic and environmental promise. Across the globe countries are poised for expansion in the EV market, with Europe as the current leader by market share, followed closely by China. Though the US saw EV sales and manufacturing slump since last year, decreasing nearly 20% since 2019, the new action from the Biden administration is also set to rally registrations and sales.

Global government initiatives and funding are one of the primary factors for the bullish outlook on the EV market, which is spurring significant interest from institutions and individuals alike. The EU for example recently announced in July a de facto ban on all diesel and petrol cars by 2035, and nearby the UK is aiming to stop the sale of cars that use fossil fuels by 2030. With similar pledges being made around the world, it is no wonder that governments spent $14 billion on direct purchase incentives & tax deductions for EVs last year — up nearly 25% from the year prior. This public investment is significant in places like Europe and China, where a price cap has been set on EVs if their manufacturers want to receive a subsidy. The impact of this initiative alone has seen EV prices fall by 3% and 8% in China and Europe, respectively. While the pandemic has forced some governments to curtail their spending war against combustion automobiles for the purposes of economic growth, we can expect to see government capital injection and price incentives grow heavily in the next decade.

On the other side of this growing government action is the private sector, which is making a significant effort to capitalize on EVs expected growth. Currently, 18 of the 20 largest Original Equipment Manufacturers (OEM) like BMW Group, Toyota Group, Ford, and Honda have each commited to rolling out a significant EV fleet within the next decade. In March, Ford pledged that by 2030, 40% of their automobile sales would comprise EVs, while General Motors announced in January that they would stop selling petrol-powered vehicles altogether by 2035. It is the aggressive targets being set by both public and private entities alike that are shepherding in the next era of automobiles.

Along with net zero pledges & obligations, OEMs are making rapid advancements in EV model availability, fueling further consumer demand. It will likely be said that one of the greatest achievements by the automobile industry was the electrification of the SUV. With the SUV being the fastest-growing auto segment in both Europe & China and already the largest share of automobile sales in the US, OEMs are cashing in big-time by introducing more electric SUV models to their fleets. Because of this, more than 55% of new EV models in 2020 were SUV's. Not only are there advancements being made in personal transportation, but also with heavy-duty vehicles (HDVs) like busses and tractor-trailers. We are now seeing a diverse spectrum of electric HDVs like medium to heavy freight trucks, garbage trucks, and commuter busses hit the market. EVs are no longer relegated to just daily personal vehicles and will come to permeate all facets of transportation.

Beyond this extension of available EV models, recent advancements in battery technology and other electric fueling innovations are driving renewed consumer interest as concerns of distance and charging times are being alleviated. Most of today’s cars use lithium-ion batteries that use a liquid or gel electrolyte that is expensive & poses fire risks. Companies like QuantumScape and Solid Power have developed solid-state batteries that use ceramic/other electrolytes in order to reduce cost, make EV range comparable to that of cars that run on fossil fuels, and decrease the time needed to charge EVs. Additionally, countries like Korea have begun to launch vehicles that use hydrogen fuel cells as a source of power. As more companies form early relationships with manufacturers like BMW and Ford, it is expected that battery technology will see increased scalability and innovation over the next decade.

Even with all the innovation and funding happening, we would be remiss to not bring up one of the largest barriers to the adoption of EVs — insufficient charging infrastructure. Currently, the US rank 27 th in the world for public chargers per EV, and in 2020 the European Union failed to hit its goal of having 1 charger per EV which was laid out in its 2014 Alternative Fuel Infrastructure Directive (AIFD). There are also currently less than 40 active electric heavy freight trucks in the world due to a lack of sufficient charging infrastructure for HDVs. While these shortcomings are one of EVs main drawbacks to commercial practicality, there is optimism to be had given the wide variety of initiatives that are attempting to increase public charging infrastructure. Tesla for example is working with various third-parties, as of 2020, to develop a "mega charger" network for HDVs. There is plenty of proactivity in the realm of public charging infrastructure; it is just going to take some time and proper capital allocation to have a fully realized public charging network across the globe.

The coming dominance of the EV market is undeniable, both from an environmental and investment standpoint, and there is arguably no other market with such heavy cooperation between the public and private sectors today. With many markets, there is often a certain degree of economic uncertainty or commercial practicality, but EVs do not entertain either of these controversies. We are in the midst of a quiet but momentous technological shift that will revolutionize everything we know about transportation and energy.

#electric car #vehicle #electric vehicles #electric motors #news

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