The Philippine Department of Transportation (DOTr) has 12 railway projects in its pipeline with a total project cost of $33 billion.

China’s Hainan Province is promoting recreation vehicle tourism, waving tariffs and taxes.

China is experiencing increased demand for motorcycles, offering attractive market opportunities for U.S. motorcycles.  

Motorcycle Sales in Beijing Grew by 71.8% in 2020, the largest increase in China.

Hyperloop technology is proposed to be 50% more energy-efficient and three times faster than high-speed rail, and up to ten times more efficient than flying.  

A new regulation on imported finished goods by the Algerian government impacts the Algerian trading system.

The Government of Mexico is soliciting public comment on proposed technical regulations concerning essential safety devices for new vehicles.

Saudi Arabia expects internal combustible engines (ICE) vehicles to make up the majority of vehicles driven in the Kingdom for the next 15-20 years.

Singapore plans to deploy new fully electric buses for public transportation by 2040.

El Salvador approves 0% customs duty or value added tax (VAT) tax for electric vehicle imports.

A megacity project, called the LINE,  located in the northeastern part of Saudi Arabia, is a market opportunity for U.S. producers of smart city technology. 

Costa Rican incentives to purchase electric vehicles to support its carbon free plan and green vision, offers opportunities for U.S. electric vehicle producers.

Japan’s transition to environmentally friendly vehicles may open up business opportunities for U.S. companies.

With the Chinese ICV market forecasted to reach $2 trillion by 2040, opportunities abound for U.S. companies looking to increase business in the ICV sector.

The growth of China’s new car sales will continue to stimulate the country’s aftermarket industry, especially for the auto maintenance business.