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The rise of electricvehicles (EVs) is not just transforming transportation but is poised to reshape energy management through vehicle-to-grid (V2G) technology. 4, and Ford F-150 Lightning, which enable vehicle-to-grid connectivity. Some EVs are already leveraging V2X, including models like the Nissan Leaf, Volkswagen ID.4,
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million sold vehicles. By 2028, the market is expected to hit over 17 million sold units, or 40% more than this year. Revenue in the electricvehicle market will also skyrocket in this period. This figure is expected to grow by an average of 10% per year and climb to more than $900 billion by 2028. million to 10.64
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Vehicles on the road are getting even older, according to S&P Global Mobility. With average age growth, more vehicles are entering the prime range for aftermarket service, typically from 6 to 14 years of age,” Todd Campau, aftermarket practice lead at S&P Global Mobility said. has risen again to a new record of 12.6
Vehicles on the road are getting even older, according to S&P Global Mobility. With average age growth, more vehicles are entering the prime range for aftermarket service, typically from 6 to 14 years of age,” Todd Campau, aftermarket practice lead at S&P Global Mobility said. has risen again to a new record of 12.6
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