• Regenerative Braking System Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2023-2030)

    Electric vehicles (EVs) are becoming increasingly popular around the world due to their numerous advantages over fossil-fuelled internal-combustion-engine vehicles (ICEVs). These advantages include zero tailpipe emissions, no reliance on petroleum, improved fuel economy, lower maintenance, and improved driving experience. EVs also provide a viable pathway to reduce overall GHG emissions and decarbonize on-road transportation when charged with clean electricity. Global automakers have committed more than USD 140 billion to transportation electrification, and there are currently 130 EV models available commercially. Studies project that EVs will become economically competitive with ICEVs soon, and many countries are establishing increasingly stringent and ambitious policies to promote EV adoption. This article will provide a comprehensive overview of the future of electric vehicles, including the drivers, trends, and opportunities in the EV space.

    According to the Universal Data Solutions analysis, the surging shift towards sustainability across industries and the increasing electric vehicle demand will drive the global scenario of Regenerative Braking System and as per their “Global Regenerative Braking System Market” report, the global market was valued at USD 10.74 billion in 2022, growing at a CAGR of 22.17% during the forecast period from 2023 - 2030 to reach USD 85.37 billion by 2030.

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    DRIVERS OF ELECTRIC VEHICLE ADOPTION

    The success of EVs is being driven by technological progress, especially in batteries and power electronics, greater availability of charging infrastructure, policy support driven by environmental benefits, and consumer acceptance. The US Department of Energy (DOE) has identified several key drivers of EV adoption.

    CONCLUSION

    The transition to electric vehicles presents numerous opportunities for businesses, governments, and consumers. Businesses can benefit from the increased demand for EVs, as well as the development of new technologies and services related to EV charging and maintenance. Governments can benefit from the reduction in emissions and the economic opportunities created by the transition to EVs. Consumers can benefit from the improved performance, lower cost, and increased convenience of EVs. With the right policies in place, the future of electric vehicles looks bright.

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    Regenerative Braking System Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2023-2030) Electric vehicles (EVs) are becoming increasingly popular around the world due to their numerous advantages over fossil-fuelled internal-combustion-engine vehicles (ICEVs). These advantages include zero tailpipe emissions, no reliance on petroleum, improved fuel economy, lower maintenance, and improved driving experience. EVs also provide a viable pathway to reduce overall GHG emissions and decarbonize on-road transportation when charged with clean electricity. Global automakers have committed more than USD 140 billion to transportation electrification, and there are currently 130 EV models available commercially. Studies project that EVs will become economically competitive with ICEVs soon, and many countries are establishing increasingly stringent and ambitious policies to promote EV adoption. This article will provide a comprehensive overview of the future of electric vehicles, including the drivers, trends, and opportunities in the EV space. According to the Universal Data Solutions analysis, the surging shift towards sustainability across industries and the increasing electric vehicle demand will drive the global scenario of Regenerative Braking System and as per their “Global Regenerative Braking System Market” report, the global market was valued at USD 10.74 billion in 2022, growing at a CAGR of 22.17% during the forecast period from 2023 - 2030 to reach USD 85.37 billion by 2030. Request Free Sample Pages with Graphs and Figures Here - https://univdatos.com/reports/regenerative-braking-system-market?popup=report-enquiry DRIVERS OF ELECTRIC VEHICLE ADOPTION The success of EVs is being driven by technological progress, especially in batteries and power electronics, greater availability of charging infrastructure, policy support driven by environmental benefits, and consumer acceptance. The US Department of Energy (DOE) has identified several key drivers of EV adoption. CONCLUSION The transition to electric vehicles presents numerous opportunities for businesses, governments, and consumers. Businesses can benefit from the increased demand for EVs, as well as the development of new technologies and services related to EV charging and maintenance. Governments can benefit from the reduction in emissions and the economic opportunities created by the transition to EVs. Consumers can benefit from the improved performance, lower cost, and increased convenience of EVs. With the right policies in place, the future of electric vehicles looks bright. Contact Us: UnivDatos Market Insights Contact Number - +19787330253 Email - contact@univdatos.com Website - www.univdatos.com Linkedin- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/
    UNIVDATOS.COM
    Regenerative Braking System Market: Current Analysis and Forecast (2023-2030)
    Emphasis on Type (Electric Regenerative Braking Systems (ERB) and Mechanical Regenerative Braking Systems (MRB), Component (Power Inverter, Motor, Power Electronics Controller, and DC Motor Controller System), Propulsion Type (BEV and HEV/PHEV), Vehicle Type (Passenger Car, Two-Wheeler, And Commercial Vehicle), and Region/Country
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  • Test Automation Systems for Powertrain Dynamometer Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2022-2028)

    Europe dominates the global market for test automation systems for powertrain dynamometers because of the region's concentration of major automakers, strict vehicle safety and pollution laws, and R&D centers. Additionally, the expansion of the motorsports sector and motorsports-related events like circuit racing and rallycross will support regional growth. Test automation systems for powertrain dynamometers are in higher demand as a result of the teams' enhanced testing of their vehicles at these motorsports events. In October 2023, EU registrations of battery-electric cars increased significantly, growing by 36.3% to reach 121,808 units. Several markets contributed to this expansion with triple-digit percentage increases, particularly Belgium (+147.3%) and Denmark (+100.7%). Following a slowdown in September, Germany – the largest market for battery-electric cars – grew modestly (+4.3%) in October. This brings the year-to-date volume to 1.2 million units, marking a noteworthy 53.1% gain compared to last year and capturing a 14% share of the EU car market over the ten-month period.

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    The European Union launched a strong push on the transition to EVs through the Green Deal Industrial Plan, released in February 2023, and political agreement on the Alternative Fuels Infrastructure Regulation that will mandate member states to roll out public charging for light- and heavy-duty vehicles. Political agreement has also been reached on a law that will mandate the adoption of low-emission alternatives to fossil-derived jet kerosene in aviation, as well as low-emission fuels in maritime. A proposal to revise the EU’s Emissions Trading System (ETS) to cover maritime emissions, and create a separate new ETS that also includes road transport emissions, is being formulated.

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    Conclusion

    Europe dominates the global market for test automation systems for powertrain dynamometers because of the region's concentration of major automakers, strict vehicle safety and pollution laws, and R&D centers. Additionally, the expansion of the motorsports sector and motorsports-related events like circuit racing and rallycross will support regional growth. The European Union launched a strong push on the transition to EVs through the Green Deal Industrial Plan, released in February 2023, and political agreement on the Alternative Fuels Infrastructure Regulation that will mandate member states to roll out public charging for light- and heavy-duty vehicles. The state of the market for EV powertrain testing could be seen as buoyant at the moment, as the automotive industry transitions from IC engine test capabilities to those that support new and future propulsion systems centred on electrification and other alternatives to fossil fuels, such as hydrogen. The EU’s ban on the sale of new petrol and diesel cars from 2035 is giving a transformation already under way further impetus and urgency. The expert says test systems must be able to match the high performance of modern EV powertrains while being durable enough to deliver repeated test campaigns.

    Contact Us:

    UnivDatos Market Insights

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    Email - contact@univdatos.com

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    Test Automation Systems for Powertrain Dynamometer Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2022-2028) Europe dominates the global market for test automation systems for powertrain dynamometers because of the region's concentration of major automakers, strict vehicle safety and pollution laws, and R&D centers. Additionally, the expansion of the motorsports sector and motorsports-related events like circuit racing and rallycross will support regional growth. Test automation systems for powertrain dynamometers are in higher demand as a result of the teams' enhanced testing of their vehicles at these motorsports events. In October 2023, EU registrations of battery-electric cars increased significantly, growing by 36.3% to reach 121,808 units. Several markets contributed to this expansion with triple-digit percentage increases, particularly Belgium (+147.3%) and Denmark (+100.7%). Following a slowdown in September, Germany – the largest market for battery-electric cars – grew modestly (+4.3%) in October. This brings the year-to-date volume to 1.2 million units, marking a noteworthy 53.1% gain compared to last year and capturing a 14% share of the EU car market over the ten-month period. Request Free Sample Pages with Graphs and Figures Here - https://univdatos.com/reports/test-automation-systems-for-powertrain-dynamometer-market?popup=report-enquiry The European Union launched a strong push on the transition to EVs through the Green Deal Industrial Plan, released in February 2023, and political agreement on the Alternative Fuels Infrastructure Regulation that will mandate member states to roll out public charging for light- and heavy-duty vehicles. Political agreement has also been reached on a law that will mandate the adoption of low-emission alternatives to fossil-derived jet kerosene in aviation, as well as low-emission fuels in maritime. A proposal to revise the EU’s Emissions Trading System (ETS) to cover maritime emissions, and create a separate new ETS that also includes road transport emissions, is being formulated. Request for TOC, Research Methodology & Insights Reports - https://univdatos.com/reports/test-automation-systems-for-powertrain-dynamometer-market Conclusion Europe dominates the global market for test automation systems for powertrain dynamometers because of the region's concentration of major automakers, strict vehicle safety and pollution laws, and R&D centers. Additionally, the expansion of the motorsports sector and motorsports-related events like circuit racing and rallycross will support regional growth. The European Union launched a strong push on the transition to EVs through the Green Deal Industrial Plan, released in February 2023, and political agreement on the Alternative Fuels Infrastructure Regulation that will mandate member states to roll out public charging for light- and heavy-duty vehicles. The state of the market for EV powertrain testing could be seen as buoyant at the moment, as the automotive industry transitions from IC engine test capabilities to those that support new and future propulsion systems centred on electrification and other alternatives to fossil fuels, such as hydrogen. The EU’s ban on the sale of new petrol and diesel cars from 2035 is giving a transformation already under way further impetus and urgency. The expert says test systems must be able to match the high performance of modern EV powertrains while being durable enough to deliver repeated test campaigns. Contact Us: UnivDatos Market Insights Contact Number - +19787330253 Email - contact@univdatos.com Website - www.univdatos.com Linkedin- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/
    UNIVDATOS.COM
    Test Automation Systems for Powertrain Dynamometer Market: Current Analysis and Forecast (2023-2030)
    Emphasis on Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy-Duty Trucks, Buses & Coach, Motorcycles, Power Generation Sets, Motorsports, Powersports, And Agricultural Vehicles); Communication (Mobile, FlexRay, Web, Embedded Software, CAN Bus, and Others); Testing Type (durability tests, performance tests, vehicle simulations, and others); Propulsion (Internal Combustion Engine (Ic) and Electric) and Region/Country
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  • Accurate and reliable petroleum testing equipment is crucial for ensuring product quality, meeting industry standards, and maintaining operational efficiency. Regular maintenance and calibration are essential to achieve these goals.
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  • ASTM A312 TP316 Welded Pipe New
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    ASTM A312 TP316 Welded Pipe, Type Welded, Size 4 Inch, Length 5.8 m, Thickness STD, End Plain, Protection End Protection Caps at Both Ends

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    Usage: Petroleum Pipeline

    ASTM A312 TP316 Welded Pipe, Type Welded, Size 4 Inch, Length 5.8 m, Thickness STD, End Plain, Protection End Protection Caps at Both Ends Name: ASTM A312 TP316 Welded Pipe Standard: ASTM Material: TP316 Type: Welded Size: 4 Inch Length: 5.8 m Thickness: STD End: Plain Protection End: Protection Caps at Both Ends Feature: Corrosion Resistance Usage: Petroleum Pipeline
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    China API 5CT J55 Tubing Pipe, 4IN 11.6PPF Tubing Pipe, Tubing Pipe Product: Tubing pipe Material: API 5CT J55 Size: 4IN 11.6PPF Ends type: API Threads Application: used in petroleum well. Surface Treatment: Black painting Payment Terms: TT, LC, Paypal, West Union, O/A Delivery Time:7-28 Days after Received the Deposit The whole process is guaranteed, starting from raw material procurement, processing, inspecting, packaging, storage to transportation. Each process strictly complies with the relevant standard and customers' requirements. "High quality, Competitive price, Excellent service" is our major commitment to each customer. Huaxi Pipeline Equipment looks forward to a win-win situation for all our customers. https://www.hxpipeline.com
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  • The Small and Medium Enterprises Development Agency of Nigeria is poised to commission a cutting-edge facility for converting petroleum-powered vehicles to Compressed Natural Gas (CNG) within its Industrial Complex in Idu Layout, Abuja. CNG is emerging as a preferred option for MSMEs focused on reducing operational expenditures.

    Under the stewardship of Mr CharlesOdii, , SMEDAN is dedicated to providing MSMEs with expert guidance, resources, opportunities, and workplace support to enhance their global competitiveness. Interested parties are invited to reach out and initiate the vehicle conversion process. SMEDAN remains steadfast in its commitment to fostering prosperity.

    Credit:
    Corporate Affairs Unit,
    SMEDAN
    The Small and Medium Enterprises Development Agency of Nigeria is poised to commission a cutting-edge facility for converting petroleum-powered vehicles to Compressed Natural Gas (CNG) within its Industrial Complex in Idu Layout, Abuja. CNG is emerging as a preferred option for MSMEs focused on reducing operational expenditures. Under the stewardship of Mr CharlesOdii, , SMEDAN is dedicated to providing MSMEs with expert guidance, resources, opportunities, and workplace support to enhance their global competitiveness. Interested parties are invited to reach out and initiate the vehicle conversion process. SMEDAN remains steadfast in its commitment to fostering prosperity. Credit: Corporate Affairs Unit, SMEDAN
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  • NNPCL halts N24 trillion in fuel imports and sources directly from Dangote refinery.

    Mele Kyari, the Group Chief Executive Officer of NNPC, revealed this information on Monday during the current conference hosted by the Nigerian Association of Petroleum Explorationists in Lagos. The conference is focused on the theme ‘Addressing the Nigerian Energy Trilemma: Energy Security, Sustainable Growth, and Affordability.’

    He said, “Today, NNPC does not import any product, we are taking only from domestic refineries.”

    Kyari refuted the claims suggesting that the NNPC was undermining the operations of the Dangote refinery.

    “The point is very far from it and I’m going to speak to it straight. We are very proud part-owners of Dangote refinery, no doubt about it. We saw an opportunity that there is a clear market for at least 300,000 barrels of our production; we know that as time moves on, people will start struggling to find markets for their production.

    “It will happen, It’s already happening. Oil is found, as you know, in many unexpected locations across the world and people have choices. Therefore we saw an opportunity to log supply to the domestic refinery, not just Dangote but any other refinery that operates in the country, so it was a very informed business decision.

    “Therefore, from day one, we knew that it is to our benefit to supply crude oil to the domestic refinery, so we don’t need to be persuaded; we don’t need anyone to talk to us, there is no need for any pressure from the streets for us to do this. We are already doing this.

    “We should never forget that Nigerian crude is ’Lamborghini crude’, if we choose that every product that we have in this country must come from domestic production, then we must deal with pricing. Otherwise, out there in the global market, everybody buys Nigerian crude and blends it with dirtier crude to process, a lot of you will confirm this. So, no one takes Nigerian crude except one or two refineries that I know. Straight processing of Nigerian crude, nobody does this, because you do have a gap in value if you do this.

    “Therefore, as a country, and I believe this strongly also, that we must process all the crude that we produce in the country to the optimum. You can do intermediate products and sell to the market, you are still adding value. You don’t have to sell gasoline that is coming from Nigerian production.

    “You can do something different so you can process it domestically, but it’s going to be high quality. As we all know and it’s very clear in the media that we are selling high-quality products, that’s very true but you need not do this. You are driving a Keke-Napep and you want Lamborghini fuel, you do not need it. So, the quality issue is a relative thing, it’s by geography, by location, and we will do everything possible to make sure that we domesticate this.

    “Today, NNPC does not import any product, we are taking only from domestic refineries. But I also know that we are working jointly with the government to make sure that we manage the issue around prices if we have to source all our supply from the domestic market. It will be an issue and we are already resolving it. I can confirm that substantial work has been done and this will no longer be an issue.”
    NNPCL halts N24 trillion in fuel imports and sources directly from Dangote refinery. Mele Kyari, the Group Chief Executive Officer of NNPC, revealed this information on Monday during the current conference hosted by the Nigerian Association of Petroleum Explorationists in Lagos. The conference is focused on the theme ‘Addressing the Nigerian Energy Trilemma: Energy Security, Sustainable Growth, and Affordability.’ He said, “Today, NNPC does not import any product, we are taking only from domestic refineries.” Kyari refuted the claims suggesting that the NNPC was undermining the operations of the Dangote refinery. “The point is very far from it and I’m going to speak to it straight. We are very proud part-owners of Dangote refinery, no doubt about it. We saw an opportunity that there is a clear market for at least 300,000 barrels of our production; we know that as time moves on, people will start struggling to find markets for their production. “It will happen, It’s already happening. Oil is found, as you know, in many unexpected locations across the world and people have choices. Therefore we saw an opportunity to log supply to the domestic refinery, not just Dangote but any other refinery that operates in the country, so it was a very informed business decision. “Therefore, from day one, we knew that it is to our benefit to supply crude oil to the domestic refinery, so we don’t need to be persuaded; we don’t need anyone to talk to us, there is no need for any pressure from the streets for us to do this. We are already doing this. “We should never forget that Nigerian crude is ’Lamborghini crude’, if we choose that every product that we have in this country must come from domestic production, then we must deal with pricing. Otherwise, out there in the global market, everybody buys Nigerian crude and blends it with dirtier crude to process, a lot of you will confirm this. So, no one takes Nigerian crude except one or two refineries that I know. Straight processing of Nigerian crude, nobody does this, because you do have a gap in value if you do this. “Therefore, as a country, and I believe this strongly also, that we must process all the crude that we produce in the country to the optimum. You can do intermediate products and sell to the market, you are still adding value. You don’t have to sell gasoline that is coming from Nigerian production. “You can do something different so you can process it domestically, but it’s going to be high quality. As we all know and it’s very clear in the media that we are selling high-quality products, that’s very true but you need not do this. You are driving a Keke-Napep and you want Lamborghini fuel, you do not need it. So, the quality issue is a relative thing, it’s by geography, by location, and we will do everything possible to make sure that we domesticate this. “Today, NNPC does not import any product, we are taking only from domestic refineries. But I also know that we are working jointly with the government to make sure that we manage the issue around prices if we have to source all our supply from the domestic market. It will be an issue and we are already resolving it. I can confirm that substantial work has been done and this will no longer be an issue.”
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  • The NLC is evaluating the call for a fresh assessment of the minimum wage in light of the increasing cost of living.

    The NLC has indicated that it might call on the federal government to undertake a new review of the minimum wage in response to the rising cost of living.

    President Joe Ajaero shared this information during the 8th Quadrennial Delegates Conference of the National Association of Nigeria Nurses and Midwives (NANNM). He emphasized that organized labor will firmly advocate for the government to fulfill its commitment to recommission the Port Harcourt, Warri, and Kaduna refineries.

    He said: “As it is today, our choices are very limited. It is either we find a way to collectively overcome the forces that are bent on keeping us down as a people or we completely surrender to them while wringing our hands in hopelessness.

    “The forces of neoliberalism must be challenged and the trade union movement remains the only viable force in Nigeria and in the world that can creatively engage it and mitigate its stranglehold on our nation.

    “We must offer strong counterpoise to their prebendal logic and must proffer newer arguments to triumph over their quest for profit at the detriment of the social will. It is only by remaining strong and united that we can hope to achieve that.

    “It is sad, but we cannot afford to keep our public refineries shut while still importing refined petroleum products. We demand a review of our salaries in lieu of its eroded values.

    ‘’We must together demand the re-commissioning of Port Harcourt, Warri and Kaduna refineries in keeping with the agreement we had with the federal government on the 5th day of October, 2023.

    “We therefore counsel the leadership that will emerge today, remember that your role is critical to securing the welfare of our healthcare workers. True leadership transcends titles and positions; it is reflected in the impact you have on the lives of those you serve.

    “Advocating for fair working conditions, championing healthcare workers’ rights, and striving for equity are not just duties—they are the marks of meaningful leadership.”
    The NLC is evaluating the call for a fresh assessment of the minimum wage in light of the increasing cost of living. The NLC has indicated that it might call on the federal government to undertake a new review of the minimum wage in response to the rising cost of living. President Joe Ajaero shared this information during the 8th Quadrennial Delegates Conference of the National Association of Nigeria Nurses and Midwives (NANNM). He emphasized that organized labor will firmly advocate for the government to fulfill its commitment to recommission the Port Harcourt, Warri, and Kaduna refineries. He said: “As it is today, our choices are very limited. It is either we find a way to collectively overcome the forces that are bent on keeping us down as a people or we completely surrender to them while wringing our hands in hopelessness. “The forces of neoliberalism must be challenged and the trade union movement remains the only viable force in Nigeria and in the world that can creatively engage it and mitigate its stranglehold on our nation. “We must offer strong counterpoise to their prebendal logic and must proffer newer arguments to triumph over their quest for profit at the detriment of the social will. It is only by remaining strong and united that we can hope to achieve that. “It is sad, but we cannot afford to keep our public refineries shut while still importing refined petroleum products. We demand a review of our salaries in lieu of its eroded values. ‘’We must together demand the re-commissioning of Port Harcourt, Warri and Kaduna refineries in keeping with the agreement we had with the federal government on the 5th day of October, 2023. “We therefore counsel the leadership that will emerge today, remember that your role is critical to securing the welfare of our healthcare workers. True leadership transcends titles and positions; it is reflected in the impact you have on the lives of those you serve. “Advocating for fair working conditions, championing healthcare workers’ rights, and striving for equity are not just duties—they are the marks of meaningful leadership.”
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  • According to the NMDPRA, Nigeria has a daily petrol consumption of 50 million liters.

    The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported that the daily petrol consumption in the country is presently between 45 million and 50 million litres.

    Farouk Ahmed, the Chief Executive Officer of NMDPRA, shared this information during a conversation at the 18th Africa Downstream Energy Week taking place in Lagos.
    According to the NMDPRA, Nigeria has a daily petrol consumption of 50 million liters. The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported that the daily petrol consumption in the country is presently between 45 million and 50 million litres. Farouk Ahmed, the Chief Executive Officer of NMDPRA, shared this information during a conversation at the 18th Africa Downstream Energy Week taking place in Lagos.
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