UK electric car market in top speed as sales jump 186 per cent during pandemic

a person walking down a street next to a car

© Provided by City AM

Electric car sales in the UK have jumped by 186 per cent to 108,000 in 2020, up from just 38,000 in 2019, according to a new study, shared exclusively with City A.M. this morning.

This growth is six times higher than the average sales growth of electric cars globally at 31 per cent in 2020, putting the UK in fourth place out of 26 countries in the study by accountancy firm UHY.

Worldwide growth in sales of electric cars has outpaced global car sales – including petrol and diesel – which fell by approximately 15 per cent to 64m in 2020, down from 75m in 2019.

Less than a fifth (19 per cent) of countries in UHY’s study saw sales of electric cars fall during the first year of lockdown, including Japan which fell 31 per cent and Canada, down 20 per cent in 2020.

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Automotive Stainless Steel Tube Market Size Forecast to Reach US$5.1 Billion by 2026

“Automotive Stainless Steel Tube Market”

Stringent Emission and Fuel Economy Regulations is Driving the Growth of Automotive Stainless Steel Tube Market

Automotive stainless steel tube market size is forecast to reach US$5.1 billion by 2026, after growing at a CAGR of 3.8% during 2021-2026 owing to the rising usage of stainless steel tubes used in automotive components such as transmission systems, tube hydroforming, exhaust system, coolant tube, welded tubes, and more due to its extensive set of characteristics of steel such as flexible design, cost-efficient, affordable repairs, high tensile strength, stiffness, fracture toughness, abrasion resistance, lightweight, puncture resistance, durability, and more. Stainless steel has become one of the most widely used components in the automotive industry due to its high strength-to-weight ratio, which aids in vehicle weight reduction features. Furthermore, the constant production of vehicles and the anticipated stability in regulatory and price attributes in the steel industry penetrates the

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Automotive Digital Key Market records a CAGR of over 7% by 2025| 17000+ Technavio Reports | State

NEW YORK, Aug. 30, 2021 /PRNewswire/ — According to the latest market research report on Automotive Digital Key Market from Technavio, the market is expected to expand at a healthy CAGR of over 7%. The growth can be mainly attributed to the increasing demand for car-sharing and car rental services.

Understand the driving forces behind Automotive Digital Key Market and target Potential Customers Here.

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With the gradual recovery of markets from the aftermath of COVID-19 pandemic, the Automotive Digital Key Market industry is likely to witness a negative impact during the forecast period.

Companies across the globe are focusing on creating a Resilient Business Model in the Face of COVID-19. Vendors are continuing their ongoing operations while building resilient business models as the path to recovery from the pandemic is being carved out.

The recovery process involves various phases including:-

  •  Adjust their
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Karma goes after fleet market with plans to electrify commercial trucks

Karma Automotive is looking to make the improbable leap from luxury cars to commercial trucks.

The California-based company announced Monday that it will offer engineering and contract-manufacturing services to fleet customers under the “Powered by Karma” banner. The plan is to offer modular electrified powertrains for a variety of applications, including buses, RVs, step vans, and box trucks, a Karma press release said.

Karma will display two such vehicles—a delivery van and a shuttle bus—Advanced Clean Tech (ACT) Expo this week in Long Beach, California, but didn’t discuss any pending orders for the vehicles.

2021 Karma GS-6

2021 Karma GS-6

The powertrain package Karma plans to offer is designed for Class 3-6 commercial vehicles, with maximum output of 268 horsepower and 1,327 pound-feet of torque. This seems like another iteration of Karma’s previous efforts to enter the commercial-vehicle sector.

Karma has been working on a new platform for commercial vehicles—potentially also to

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