Automotive

Electric Vehicles and Luxury Cars Fuel Germany Automotive Airbag Market Growth to 2035, Reaching USD 2.7 Billion, with a CAGR of 6.2% | Future Market Insights, Inc.

February 19, 2025 4:15 AM

Germany automotive airbag market is set for steady expansion, with a projected CAGR of 6.2% from 2025 to 2035, reaching approximately USD 2.7 billion by 2035. This growth is primarily driven by strict European Union safety regulations, a rise in vehicle production, and the increasing demand for advanced airbag systems in electric vehicles (EVs) and luxury cars. The growing focus on specialized airbag solutions is also fueled by the expansion of...

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The Rise of Ultrasonic Sensor Technology in Park Assist Systems Market to Grow to USD 3,277.4 Million, with a CAGR of 14.4% | Future Market Insights, Inc.

February 19, 2025 2:30 AM

The global park assist system market is projected to reach USD 756.5 million in 2024, with a robust year-on-year growth rate of 13.1%. By 2025, the market is expected to expand to USD 855.3 million. With a compound annual growth rate (CAGR) of 14.4% from 2025 to 2035, the market is anticipated to achieve a valuation of USD 3,277.4 million by the end of 2035. Ultrasonic sensor technology has become the leading segment within the park assist...

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Car Keys Express Launches Rollout With the World’s Largest Wholesale Club

February 18, 2025 2:15 PM

Car Keys Express, the US-based global leader in automotive key replacement, announced the launch of a nationwide program to provide Costco members with fast, affordable key replacement services. This expansion brings on-the-spot key replacement to select Costco locations across the United States and Canada, offering members better alternatives to dealership key replacement. Replacing car keys at dealerships can be time-consuming and...

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Phoenix Motor Announces Formation of EdisonFuture International Co., Ltd. to Expand Global Electric Vehicle Business

February 18, 2025 6:30 AM

Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the formation of EdisonFuture International Co., Ltd., a wholly-owned subsidiary based in Hong Kong. This new entity will focus on international opportunities, leveraging Phoenix Motor's advanced EV technologies and brand strengths to expand into global markets. EdisonFuture...

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Vision Marine Technologies to Present New 180E-Integrated Boats at Carefree 2025 Carefree Boat Club Annual Conference

February 17, 2025 4:00 PM

Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces that it will exhibit at the 2025 Carefree Boat Club Annual Conference from February 17-20, 2025, at the Wyndham Grand Jupiter at Harbourside Place, Florida. As the first and only electric boat provider at the event-and the pioneer in bringing electric boats to the industry-Vision Marine will showcase...

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Phoenix Motor Regains Compliance with Nasdaq Listing

February 14, 2025 8:00 AM

Phoenix Motor Inc. ( NASDAQ:PEV ), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has received confirmation from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires timely filing of periodic financial reports with the Securities and Exchange Commission ("SEC")....

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The Motor Enclave Announces Race to the Altar Essay Contest, Gifting a Wedding to One Deserving Couple

February 14, 2025 7:00 AM

The Motor Enclave announced its Race to the Altar: Ultimate Wedding Experience Essay Contest to give one deserving couple an all-expenses-paid wedding in the next 90 days at The Motor Enclave Tampa. The Contest, in partnership with local vendors, is set to provide the ultimate wedding experience valued at over $50,000 including everything from the venue to flowers, photography, catering, and more. Couples are invited to enter the Contest by...

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Join Phoenix Motor’s Exclusive Live Investor Webinar and Q&A Session on March 6

February 13, 2025 4:15 PM

Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on March 6, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng. Attendees will gain insight into Phoenix Motor's position as a leader in zero-emission, all-electric commercial...

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duPont REGISTRY Group Partners With Fortune International to Build Unique Luxury Tower for Car Collectors Designed by Pininfarina in the Center of Miami

February 13, 2025 10:00 AM

duPont REGISTRY Group (DRG), the trailblazer in the luxury and exotic automotive ecosystem, has partnered with Fortune International Group, a leader in high-end real estate development that's created more than 30 stunning buildings, and the iconic Italian design house Pininfarina, with its unique history of designing unforgettable cars that became pieces of art, to create duPont REGISTRY Tower designed by Pininfarina. The three companies have...

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Envirotech Vehicles, Inc. (NASDAQ:EVTV) Announces Move To Houston, Texas And Expansion of U.S. Operations And Manufacturing Capabilities

February 12, 2025 9:30 PM

OSCEOLA, AR / ACCESS Newswire / February 12, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a leading provider of electric commercial vehicles, is proud to announce the relocation of its corporate headquarters and the establishment of a new 86,000-square-foot facility in Houston, Texas. This strategic move reinforces Envirotech's commitment to expanding U.S. manufacturing, strengthening fleet services, and supporting the growing demand for...

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Vision Marine Expands Partnership With Aileron Residences to Launch Electric Boat Rentals and Retail Hub in South Florida

February 12, 2025 4:00 PM

Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces that it has expanded its partnership with Aileron Residences, a premier luxury waterfront community in Dania Beach, Florida, enabling Vision Marine Electric Boat Rental, a branch of Vision Marine, to progressively begin offering rental services in the near future. As part of this expanded partnership,...

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Tidal Wave Auto Spa Celebrates Expansion in Sunshine State With Grand Opening in Crestview

February 12, 2025 10:45 AM

Tidal Wave Auto Spa, one of the nation's fastest-growing express car wash companies, is pleased to announce the grand opening of its brand-new Crestview, FL location at 1650 S Ferdon Blvd. To celebrate the grand opening and introduce Tidal Wave's car wash experience to the community, the brand-new Crestview, FL location will offer eight days of free premium car washes from February 12 through February 19. This limited-time promotion provides an...

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PrivateAuto Partners With Recurrent to Empower EV Owners With Seamless Vehicle Listing Options

February 11, 2025 11:00 AM

PrivateAuto, the only end-to-end transactional marketplace for private-party vehicles, today announced its partnership with Recurrent, the auto industry's standard for used electric vehicle (EV) insights. The new collaboration enables Recurrent's 30,000 EV owners to seamlessly list their vehicles for private sale on PrivateAuto, gaining access to a secure and efficient selling experience. PrivateAuto's trusted platform for safe and simple...

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Envirotech Vehicles, Inc. (NASDAQ:EVTV) Reaffirms Commitment to American Manufacturing Amid Shifts in Federal EV Policies

February 10, 2025 11:25 PM

Envirotech Vehicles, Inc. (NASDAQ:EVTV), a leading provider of electric commercial vehicles, acknowledges the recent policy changes under the Trump administration concerning the Green New Deal, electric vehicle mandates, and the $7,500 consumer vehicle credit. While these developments primarily impact the consumer EV market, EVTV remains confident in the robust growth potential of electric commercial vans, trucks, and school buses. Strategic...

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Vision Marine Technologies Appoints Pierre-Yves Terrisse to Board of Directors to Strengthen Financial and Strategic Expertise

February 10, 2025 7:30 AM

Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), a pioneer in high-performance electric marine propulsion, today announced the appointment of Pierre-Yves Terrisse to its Board of Directors. Mr. Terrisse has been a trusted advisor and strategic contributor to Vision Marine for the past three years, bringing invaluable financial insight and market expertise as the Company navigated its growth in...

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Rail Gangway Industry Set for Steady Growth, Projected to Reach USD 720.1 Million, with a CAGR of 4.8% by 2035 | Future Market Insights, Inc.

February 10, 2025 12:56 AM

The global rail gangway industry was valued at USD 494.3 million in 2020 and is projected to reach USD 560.4 million by 2025. Over the forecast period from 2025 to 2035, the market is expected to grow at a CAGR of 4.8%, reaching an estimated valuation of USD 720.1 million by the end of 2035. A rail gangway serves as a bridge connecting two adjacent train cars, ensuring safe and convenient movement between them. It plays a crucial role in train...

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Vision Marine Technologies Files Patent Application for Distributed Control System Architecture in Electric Marine Vessels

February 6, 2025 4:00 PM

Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office. This application is part of an ongoing series of patents designed to advance the E-Motion™ High Voltage Electric Marine Powertrain. The newly developed Distributed Control System Architecture aims to simplify system integration,...

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Local Automotive Leader George Haddad Honored as TIME Dealer of the Year Finalist

February 6, 2025 9:00 AM

George Haddad, Dealer Principal at the Haddad Automotive Group, has been named one of only five finalists for the prestigious TIME Dealer of the Year Award - a coveted national honor that spotlights the very best in the industry. Representing the Northeast Region, Haddad joins an elite group of auto dealers handpicked from across the country for their unparalleled excellence in customer service, business leadership and community involvement....

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Phoenix Motor Announces New Autonomous Vehicle Development for Food and Beverage Delivery

February 6, 2025 3:45 AM

Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic initiative to develop autonomous electric vehicles tailored for the food and beverage delivery industry. This initiative will commence with a pilot project in collaboration with a Silicon Valley-based food delivery service company in California. As part of this...

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Valve Seat Inserts Market Expected to Grow to USD 9,687.9 Million, with a CAGR of 3.9% by 2035 | Future Market Insights, Inc.

February 5, 2025 3:00 AM

The global valve seat inserts market reached a valuation of USD 6,360.0 million in 2024 and is expected to grow at a year-on-year rate of 3.3% in 2025, reaching USD 6,608.1 million by the end of the year. Over the forecast period from 2025 to 2035, the market is projected to expand at a CAGR of 3.9%, ultimately attaining USD 9,687.9 million by 2035. The demand for valve seat inserts is driven by their extensive use in both automotive and...

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