According to Renub Research Latest Report automotive actuators market is projected to reach US$ 49.31 billion by 2033, up from US$ 27.51 billion in 2024, registering a CAGR of 6.70% between 2025 and 2033. This robust growth is primarily driven by the increasing adoption of electric vehicles (EVs), autonomous systems, and advanced driver-assistance systems (ADAS)….
U.S. automaker Tesla released a cryptic teaser on its X handle on October 5, suggesting a new product release. The nine-second teaser revealed that the new announcement will be made on October 7. Tesla’s video revealed a vehicle with its headlights illuminated in a shadowy silhouette. The video also displayed a message at the end…
China’s clean technology is “becoming the basis of the new energy system” around the world, with the country’s monthly green tech exports hitting a record US$20 billion in August, a European think tank said. As China brings down the prices of technologies like batteries and photovoltaic solar panels, sales are surging in countries across Southeast…
For over a decade, commentators have warned of China’s looming economic decline. Today, the challenges are real: US-China trade frictions, weak household consumption, an overstretched property sector and a shrinking workforce. Making money in China may feel harder than before. Yet to see China solely through the lens of stagnation is to miss the profound…
Audio By Carbonatix When it comes to “non-luxury” EV sales, Tesla’s still the gorilla in the room. According to Experian, the relatively new company claims 46.89% of the U.S. EV market in the second quarter of 2025. The Detroit Three are all fighting for the rest of the pie, and Chevrolet’s been gaining ground in…
A number of factors are feeding the buzz around used EVs. For one, there is finally a lot of product, as three-year leases expire on a crowd of cars purchased in 2022. That was the year a number of new battery-powered models first shipped to customers, including the BMW i4, Cadillac Lyric, Ford F-150 Lightning…
According to Renub Research Latest Report transportation battery market is set to experience remarkable growth, projected to expand from USD 97.07 billion in 2024 to USD 300.08 billion by 2033, representing a CAGR of 13.36% during 2025–2033. This surge is fueled by the accelerating shift toward electrification of vehicles, development of EV charging infrastructure, increasing…
Chinese carmaker BYD outsold Tesla in the European Union for the second month in a row, registering three times as many new cars in August as it did a year earlier, news agency Reuters reported on September 25 citing data from the European Automobile Manufacturers’ Association (ACEA). The figures showed a rapid change in Europe’s…
With a ticking clock on Gov. Jared Polis’ 2019 aspirations to put 940,000 electric vehicles on Colorado highways by 2030, his plan hit a major pothole when President Donald Trump ordered cancellation of the Biden administration’s Inflation Reduction Act Clean Vehicle Tax Credits. On Sept. 30, the federal tax credits worth up to $7,500 per…
Berkshire Hathaway, the investment firm controlled by US billionaire Warren Buffett, has liquidated its holdings in Chinese electric vehicle (EV) maker BYD, marking the end of a 17-year investment run that generated a more than 30-fold increase for the leading investment conglomerate. The latest quarterly report from Berkshire Hathaway Energy, the subsidiary that directly held…