Sales of Automotive Lead Acid Batteries to Soar, as Global Vehicle Production Ramps Up, Says Fact.MR

Automotive lead acid battery market is set to surpass a valuation of US$ 41.8 Bn and is poised to grow at a value CAGR of 5% during the forecast period (2019-2029). The surge in production of automobiles globally has supplemented the growth of lead acid battery market. Lead acid batteries are soaring on popularity as they provide an additional source of power to the vehicle. However, in the current scenario, the global automobile market has been stagnant in terms of profitable growth. This is anticipated to change in the coming years as the automotive sector is set to capture growth opportunities owing to the increasing vehicle production, thus aiding the demand for automotive lead acid batteries. Moreover, the heightened uptake of passenger cars globally, is expected to accelerate the growth of automotive lead acid battery market. Further, a steady rise in the use of pure electric and hybrid vehicles is

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The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells

GÖTEBORG, Sweden, April 21, 2020 /PRNewswire/ — Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce and commercialize fuel cell systems for heavy-duty vehicle applications and other use cases. Daimler will consolidate all its current fuel cell activities in the joint venture. The Volvo Group will acquire 50% in the joint venture for the sum of approximately EUR 0.6 billion on a cash and debt free basis. 

“Transport and logistics keep the world moving, and the need for transport will continue to grow. Truly CO2-neutral transport can be accomplished through electric drive trains with energy coming either from batteries or by converting hydrogen on board into electricity. For trucks to

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Passenger Vehicle Production Down 38.14 Per Cent In March 2020

Partially owing to the nationwide lockdown called to fight against the Coronavirus pandemic, auto production across categories went down by 33.61 per cent in March 2020.

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India’s auto industry had to scale down operations March 23 onwards

Mayhem broke out last month after the sudden spike in Coronavirus cases in our country to control which the entire nation had to go under a lockdown starting March 24. Production started taking a hit almost a week before the lockdown when we started hearing about automakers scaling down operations and were completely stopped on the day of Janata Curfew on March 22. This took quite a toll on the production numbers for March 2020. While the overall industry witnessed a decline of 33.61 per cent at 14,47,345 units as compared to 21,80,203 units manufactured a year ago, production of passenger vehicles (PVs) slumped by 38.14

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Expect U.S. Car Sales and Production to Decline Dramatically

Tysons West neighborhood - Fairfax County, VA

The Washington PostGetty Images

  • As COVID-19 has forced people to stay home, analysts are projecting lost auto production and sales to result.
  • Across the U.S. and the globe, the threat of COVID-19 spreading among factory employees has forced companies to suspend production.
  • Many analysts have revised their new-vehicle sales estimates in the U.S. for 2020, originally forecasting sales of 16.5 million to 17 million, and now projecting sales of between 13 and 14 million.

    The novel coronavirus has brought the U.S. economy to a standstill and analysts are now getting a grasp on how the virus is going to impact the automotive industry. Production has come to a halt for most plants in the U.S. and sales projections are being revised to reflect the economic turmoil which has engulfed the industry.

    Over the course of last week, Ford, Fiat Chrysler, General Motors, Mercedes-Benz, Subaru, Toyota, Volkswagen and others all

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    Vehicle Production Group – Wikipedia

    2012 MV-1 in civilian dress.jpg
    Manufacturer AM General
    Production 2011-2016
    Assembly Mishawaka, Indiana
    Body and chassis
    Class Multi Purpose Vehicle
    Body style 4-door minivan
    Layout Front-engine, rear-wheel-drive
    Engine 4.6 L Ford Modular V8 (until 2014)
    3.7 L Cyclone V6 (2015–present)
    Transmission 4-speed automatic transmission (until 2014)
    6-speed automatic transmission (2015–present)
    Wheelbase 122.0 in (3,099 mm)
    Length 205.0 in (5,207 mm)
    Width 79.4 in (2,017 mm)
    Height 75.0 in (1,905 mm)
    Curb weight 5,055–5,250 lb (2,293–2,381 kg)
    Predecessor Standard Taxi

    The Vehicle Production Group LLC was an American automobile manufacturer. Based in Miami, Florida, it made the wheelchair-accessible taxicabs, the MV-1 (Mobility Vehicle-1), which was built in Mishawaka, Indiana at an AM General plant.


    Production began in 2011, but by February 2013, Vehicle Production Group ceased production of new vehicles. The company laid off all employees and closed its doors in May 2013 after their finances dropped

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