Worldwide Electric Vehicle Motor Industry to 2024 – Featuring Continental, Tesla & BYD Auto Among Others

The “Technology Landscape, Trends and Opportunities in the Global Electric Vehicle Motor Market” report has been added to ResearchAndMarkets.com’s offering.

The technologies in electric vehicle motor have undergone significant change in recent years, with brushed DC motors to brushless DC motors. The rising wave of new technologies, such as torque accuracy, and robust limp-homes are creating significant potential for electric vehicle motor in various vehicle platforms due to their reversibility, and reduction in noise pollution properties.

In this market, various technologies, such as weakening control, torque accuracy, and robust limp-home are used in the battery electric vehicle, hybrid electric vehicle, and plug in hybrid electric vehicle applications. Increasing demand for improving the driving range of electric vehicles, and stringent government regulations regarding vehicular emission are creating new opportunities for various electric vehicle motor technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of

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KAR Global’s Data Science Team Has Been Tracking Retail Vehicle Sales

Last April and into May, car sales were looking bleak.

According to CNN, major automakers reported a “more than 30 percent drop in U.S. sales in the second quarter, the biggest plunge in sales since the Great Recession and the auto bankruptcies of 2009.” But as government stimulus checks began trickling in, wholesale business started picking up. And the data science team at KAR Global, a tech company that provides physical and digital wholesale marketplaces for buyers and sellers, noticed. 

By mid-June, KAR tech professionals decided customers would benefit from the valuable buyer information they were seeing through proprietary company dashboards. So they made the internal data mapping buyer demand and excess seller inventory external-facing — in less than a week.   

“We knew, for example, there was no buyer activity in the Northeast, based on the data from the retail side,” Vice President of Product Management & Data Services Joe

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Used vehicle prices increased during pandemic due to lack of inventory

DETROIT (AP) — It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit and that almost singlehandedly caused September’s modest consumer price increase.

Blame it on the pandemic, which knocked supply and demand way out of whack, causing prices to spike.

The good news is that inventories are being replenished and prices are beginning to drop.

“The law of supply and demand worked,” said Earl Stewart, owner of a Toyota dealership in North Palm Beach, Florida. “I think things are coming back to normal.”

When the novel coronavirus made its way to the industrial Midwest and the South in March and April, it forced automakers to shutter factories and many dealers closed. Sales of new vehicles tanked. With few vehicles being traded in for new ones, and leases being extended, the supply of used vehicles dried

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Automotive Locksmith Minneapolis Professionals Respond to Emergency And Security Needs Of Vehicle Owners

Automotive Locksmith Minneapolis Professionals Respond to Emergency And Security Needs Of Vehicle Owners

As the security needs of homes and businesses change and expand, the same is true of the automobile industry. Every year, there is an entirely new crop of vehicle makes and models. The 1st Minneapolis Locksmith has the knowledge and equipment to respond.

1st Minneapolis Locksmith is pleased to announce that the automotive locksmith Minneapolis company has the knowledge and experience to stay abreast of the many automobile makes and models which are produced each year. Even as the automobiles change, vehicle owners expect that they will be assured of their possessions’ safety. In order to secure an automobile and other possessions, security professionals need the knowledge and equipment to provide the improved level of locks and keys of all types. 

When a vehicle is purchased, current models often have a sophisticated key and key fob. The more modern automobiles may even have a keyless entry system. Today’s locksmiths need

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Used vehicle prices rise thanks to coronavirus, but relief is coming

DETROIT (AP) — It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit, and that almost singlehandedly caused September’s modest consumer price increase.

Blame it on the pandemic, which knocked supply and demand way out of whack, causing prices to spike.

The good news is that inventories are being replenished, and prices are beginning to drop.

“The law of supply and demand worked,” said Earl Stewart, owner of a Toyota dealership in North Palm Beach, Florida. “I think things are coming back to normal.”

When the novel coronavirus made its way to the industrial Midwest and the South in March and April, it forced automakers to shutter factories, and many dealers closed. Sales of new vehicles tanked. With few vehicles being traded in for new ones, and leases being extended, the supply of used vehicles dried

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Used vehicle prices up as supply sinks, but relief is coming

A shortage of used vehicles in the U.S. has pushed up prices, and that caused much of September’s modest inflation increase

Blame it on the pandemic, which knocked supply and demand way out of whack, causing prices to spike.

The good news is that inventories are being replenished, and prices are beginning to drop.

“The law of supply and demand worked,” said Earl Stewart, owner of a Toyota dealership in North Palm Beach, Florida. “I think things are coming back to normal.”

When the novel coronavirus made its way to

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BBB study: Virtual vehicle vendor and escrow scams

Used car sales — and scams involving vehicles — have surged during the pandemic. Buyers shop for a used car online and ask to see it in person, but the seller uses COVID-19 as an excuse to avoid meeting. The buyer sends the money to purchase the car, but it never arrives.

Scammers will use photos and descriptions from other advertisements to sell a vehicle that doesn’t exist. Once a buyer decides they want the car, they are asked to wire money to a third-party escrow business, which is actually operated by the scammer.

A September 2020 BBB study on virtual vehicle vendor scams revealed consumers age 55–64 were the largest demographic reporting this type of fraud to Scam Tracker. Of those reporting escrow scams, 41 percent reported losing money, and the study projects more than $1 million will be lost in 2020.

How can you recognize a scam like

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Auto With a View! Bhubaneshwar Rickshaw Driver Converts Vehicle Into a Garden With Plants, Fish, Birds and Rabbits Inside (Check Pics)

The lockdown situation has made it difficult to visit parks, gardens or zoos. Although things are gradually opening up, social distancing norms and the fear of getting coronavirus is always onto one’s mind. An auto driver in Bhubaneshwar decided to transform his vehicle into a garden because he was missing his home too much. And by garden, we don’t mean just the plants, there is a fish bowl, caged birds and rabbits inside along with. Pictures of his mini-garden auto have been shared online. Mumbai’s First ‘Home System’ Autorickshaw Has Wash Basin, Mobile Phone Charging Point and Purified Drinking Water for Passengers; See Pics.

Also Read | Sarat Kumar Kar Dies at 81, Former Odisha Assembly Speaker Had Tested COVID-19 Positive

 Sujit Digal, an auto driver in Bhubaneswar hails from a village in Kandhamal and because of the lockdown he hasn’t been able to go back home so often. As

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Streak of record wholesale vehicle prices end, but values remain strong

CARY, N.C.  – 

During Wednesday’s quarterly Manheim Used Vehicle Value index call with the industry, Cox Automotive chief economist Jonathan Smoke began his opening comments with this update.

“On this call, we find the industry and used-vehicle values having performed very strongly in the last quarter, but September marked an important change,” Smoke said. 

For one, that change involved the end of a months-long string of used-car pricing records.

Though still up substantially year-over-year, the record streak in wholesale vehicle prices has stopped at three months, according to analysis around the latest index.

Wholesale prices last month were down 1.58% from August, the first sequential decline in four months, says parent company Cox Automotive.

The resulting Manheim index was still up 15.2% year-over-year at a lofty 161.2, but failed to reach the record levels set in August, July and June.

“After three consecutive months of record-setting price gains this spring

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Last Chance to Play in the GTA Online Special Vehicle Work Event

This week, Rockstar is offering players a range of bonuses and discounts on GTA Online’s special vehicles; cars like the Rocket Voltic or Blazer Aqua. The GTA Online Special Vehicle Week event is currently live. However, players still have a few days to take part before it comes to an end.

The GTA Online Special Vehicle Work Event

“Who doesn’t want to whip around the city in heavily modified vehicles like the destructive Phantom Wedge or the hypersonic Rocket Voltic,” writes Rockstar; “Indulge your base instincts and make a little extra along the way with Double Rewards for Special Vehicle Work.”

GTA Online Special Vehicle Week Event Now Live 2

The first feature of the GTA Online Special Vehicle Week event is double rewards for all Special Vehicle Work missions. However, those aren’t the only areas currently offering double rewards. Rockstar is also currently offering players double rewards in all Freemode Business Battles, as well as in the Diamond

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