As the world moves towards the electrification of the transportation sector, demand for oil will be replaced by demand for electricity. Read more in visual capitalist The EV Impact on Oil Consumption By Selin Oğuz was last modified: June…
More than 10m electric cars were sold in 2022, reducing global emissions by 80m tonnes of CO2 equivalent (MtCO2e), according to the IEA. The agency adds that sales are expected to reach 14m by the end of this year. Read…
Swedish startup Luvly is developing an ultra-efficient electric microcar — and like the furniture made by its compatriot Ikea, Luvly’s tiny EV will ship flat. Read more in Free think This $11,000 microcar ships flat like IKEA furniture By Kristin…
Since the COVID-19 pandemic, Americans have taken on significantly more debt to buy vehicles. This is especially true for Gen Z and Millennials, who the Federal Reserve believes may have borrowed beyond their means. Read more in Visual Capitalist The…
Consumers racked up more than 15 billion hailed-mobility trips in 2019, with revenues reaching $130 billion. By 2030, total revenues from hailed mobility could increase to between $450 billion and $860 billion, accounting for 80 to 90 percent of consumer…
Customers are expecting exceptional customer service with automobiles. For example, selling cars at transparent prices, one-click access to in-car services, and creating seamless online-offline journeys. Read more in bacancytechnology Top 10 Automotive Industry Trends and Technologies to Look for in…
There are big challenges around the software-defined vehicle. Strong, long-term industry collaboration is key to overcome them in an efficient and safe way. Read more in weforum 3 ways intelligent cars can positively impact our daily mobility By Maya Ben…
The future of the phone is that the experience becomes distributed. In a way this is already happening, like in the way your Apple Watch talks to you. The attempts to build smart glasses will make a comeback in the…
10.5 million electric vehicles were sold across the world last year. Almost 4 million more than in 2021. 59% of them were sold in China, where the market grew 82% in a single year despite strict COVID-19 lockdowns. Watch the…
There were approximately 8.6 billion mobile device subscriptions worldwide as of 2021, more than there are people on the planet.Using data from Our World in Data, this chart by Pablo Alvarez tracks the rise of mobile phones across the globe,…
