Market Intelligence
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The European Union is now finalizing the regulation on the deployment of alternative fuel infrastructure which will support all modes of transport in Europe.
China showcased hydrogen-powered vehicles during the 2022 Winter Olympics with further growth expected.
Electric battery production investments in Canada and securing the supply chain for zero emission vehicles represent business opportunities for U.S. exporters.
The electric vehicle (EV) market in Vietnam is in its infancy, yet there is potential for significant growth.
U.S. companies may find business opportunities in Japan’s evolving electric vehicle market.
Electromobility is accelerating in Poland. Unfortunately, the available charging infrastructure is not keeping up with the growing demand.
South Africa needs to adapt and include the provision of electric vehicles in the local market which may create opportunities for U.S. firms and consultants.
Turkey is the 15th largest automotive manufacturer in the world and 5th largest in Europe. Since 2000, OEMs have invested $15 billion in operations in Turkey.
New Zealand Government Incentives are announced to enhance electric vehicle sales.
Thailand promotes electric vehicles (EV) by reducing import tariff on EV cars ranging from zero to 40 percent, depending on the engine size, until 2023.
Thailand’s Industrial Standards Institute is expediting standards for electric vehicles (EV) to increase EV production and the use of zero-emission vehicles.
China lifts foreign investment restrictions on passenger vehicle manufacturing.
China legalizes the towing of trailers through a new driver license category.
Panama will improve safety in the automotive industry through a project to raise and regulate new standards for safety specifications.
Sporting goods and specialty bike shops have sprouted up across Manila to cater to the increasing demand for outdoor sports.