automotive

North America automotive green tires market to surpass $44.5 billion by 2027

According to a recent study from market research firm Graphical Research, the North America automotive green tires market size is set to register a significant growth during the forecast timeframe, due to the growing adoption of technologically advanced and sustainable automobile solutions across the region. The spiraling demand for battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs) is also likely to have a positive bearing on the progression of the market through the next few years.

With several initiatives made toward the reduction of environmental footprint across the North American region, automotive green tires market is expected to undergo a substantial transformation. Green tires can effectively address the need for sustainable transport solutions as they are eco-friendly and fuel efficient. They are manufactured using more than 200 ingredients and 20 rubber varieties for achieving exceptional performance, wet grip, and handling.

The accelerated demand for eco-friendly tires and green

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The Worldwide Automotive Blockchain Industry is Expected to Reach $1.68 Billion by 2026 | News

DUBLIN, Oct. 21, 2021 /PRNewswire/ — The “Global Automotive Blockchain Market (2021-2026) by Type, Application, Provider, Vehicle Type, Propulsion, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com‘s offering.

The Global Automotive Blockchain Market is estimated to be USD 0.41 Bn in 2021 and is expected to reach USD 1.68 Bn by 2026, growing at a CAGR of 32.5%.

Blockchain technology is gaining importance in the automotive industry owing to the need for secure payments and digital access while interacting with other V2V communication. The increasing use of blockchain has helped in tracking and further ensuring transparency. These factors are driving the growth of the automotive blockchain market. The growing demand for better payments in logistics & transportation, mobility services and also increasing demand for the crypto currency market are further enhancing the growth opportunity for the blockchain market.

However,

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Shopper Stories Names Best Automotive In Every Phase For 2018

Many of the adjustments occurring within the automotive market immediately, together with tightened credit score markets in a capital-intensive trade and increased government involvement are the most recent global challenges. Nearly all nations in the world have phased out automotive leaded gasoline. In 2011, six international locations seventy seven had been nonetheless utilizing leaded gasoline: Afghanistan , Myanmar , North Korea , Algeria , Iraq and Yemen It was anticipated that by the tip of 2013 those nations, too, would ban leaded gasoline, seventy eight however this goal was not met. Algeria replaced leaded with unleaded automotive fuel solely in 2015. quotation wanted Different components have replaced the lead compounds. The most popular additives include aromatic hydrocarbons , ethers and alcohol (normally ethanol or methanol ). For technical reasons, the usage of leaded additives is still permitted worldwide for the formulation of some grades of aviation gasoline similar to 100LL … Read More

Automotive SaaS Firm MotorK Preps $173M IPO

MotorK, an Italian Software-as-a-Service (SaaS) company serving car dealers, is preparing to go public with an initial public offering (IPO) that could value the firm at 150 million euro ($173 million).

The company announced this week that the IPO is expected to happen before the end of the year, with MotorK listing on Euronext Amsterdam. 

Marco Marlia, MotorK’s co-founder and CEO, says the IPO will “unlock massive opportunities” for his company, its partners and its customers. 

“As a tech company with automotive in our DNA, we have worked tirelessly to build a market-leading platform and a successful growth strategy that combines organic growth with strategic acquisitions,” he said. “We believe this is just the beginning of our journey and that the runway ahead of us is expansive.” 

Founded in 2010, MotorK offers a cloud-based SaaS platform called “SparK,” which includes a suite of products designed to support “the

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