November 25, 2020

Day: November 15, 2020

NEW YORK, Nov. 16, 2020 /PRNewswire/ — With advancements in technology, the demand or connected cars is rising. As a result, the global automotive software market revenue is projected to grow from $28,214.6 million in 2019 to $78,894.2 million by 2030, at a 12.4% CAGR between 2020 and 2030.  This is because connected cars are equally dependent on software as on the mechanical components. In essence, it is the increasing number of fatal accidents which is leading to the rising demand for connected cars, according to the market research study published by P&S Intelligence.

The major functionalities in such vehicles, such as automatic braking, advanced driver-assistance systems (ADAS), and lane assist, prevent the violation of traffic rules, which makes the roads safer for pedestrians and the vehicle for the driver and passengers. Similarly, the automotive software market is also being benefitted by the adoption of internet of things (IoT) features, such as connectivity solutions and infotainment solutions.

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The automotive software market is being negatively impacted by the corona virus pandemic, which has put a serious dent in the production and sale of automobiles. Due to the implementation of lockdown measures in China, India, the U.S., and other major automobile-producing countries, automakers have had to shut down their operations. However, the interest in ADAS features and electric vehicles is still high, which is why this industry is not expected to witness as sharp a decline as the broader automotive industry.

During 2014–2019, the development category, under segmentation by function, dominated the automotive software market, due to the rapid development of all-inclusive software, to offer advanced functionalities in automobiles. Software manages numerous systems in a vehicle, such as high-tech drive trains and infotainment systems.

Browse detailed report on Automotive Software Market Research Report: By Software (ADAS and Autonomous Driving , Infotainment, Connectivity, Security, and Connected Services, Powertrain and Chassis, Body and Energy, Operating System and Middleware), Function (Development, Validation and Verification, Integration), Vehicle Type (Passenger Car, Commercial Vehicle) – Global Industry Analysis and Growth Forecast to 2030:

The commercial vehicle bifurcation, on the basis of vehicle type, is predicted to witness faster growth in the automotive software market in the near future, at a CAGR of 13.9%. This would be because of the rising demand for advanced software in commercial vehicles, as they are being swiftly integrated with IoT and telematics solutions.

Historically, Asia-Pacific (APAC) has been the largest automotive software market, and the situation is projected to be unchanged in the future. This is because APAC is the largest automotive producer and buyer, which automatically leads to the highest worldwide demand for automotive software here. Additionally, owing to environmental concerns, the sale of electric vehicles is rising fast here, and as software is a vital component of these automobiles, the integration rate of automotive software will remain the highest in this region.

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The major companies in the global automotive software


Supporters of the TCI estimate the initial carbon tax — imposed as an allowance that wholesalers must buy at auction — will add 17 cents per gallon to the price of fuel in Virginia. The Thomas Jefferson Institute for Public Policy had another set of economists examine the proposal, and they project the increased costs instead will be 33 cents per gallon for gasoline and 28 cents per gallon for diesel.

In those areas of Virginia where the gasoline taxes doubled from June 2020 to July 2021 it almost will double again. The Beacon Hill Institute calculated the economic impact on Virginia, since such massive fuel price increases touch every industry, product or service dependent on transportation, at just under $1 billion per year. Assuming those costs find their way to consumers (and most will), it approaches $700 per year, per household.

No one can be sure of the costs until the regional auctions for fuel allowances begin, and each auction will produce a slightly different result. Each year’s auction also will allow fewer and fewer available gallons of fuel, and that dropping supply is a major reason allowance prices will be bid up. In a few years we might envy those Virginians who live near our four neighboring states that are not in this compact.

The billions of dollars collected by the TCI allowance sales will not be spent on highway construction or maintenance. The bulk of the funds will be spent trying to divorce Virginians from their internal combustion engines by subsidizing electric vehicles and charging stations, and promoting alternatives such as bicycle lanes and walking trails. Any subsidies provided to mass transit may just replace the funds being lost through declining collection of traditional fuel taxes.

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MERRILLVILLE — A new U.S. Bicycle Route proposed for the state will guide bicyclists from Northwest Indiana to Indianapolis.

U.S Bicycle Route 37 is in the works and could have Indiana Department of Transportation approval by the spring.

“This route is planned to start in Griffith at the Erie-Lackawanna Trail, head into Crown Point, then proceed south through Lafayette and terminate in Indianapolis,” said Mitch Barloga, the active transportation manager at the Northwestern Indiana Regional Planning Commission.

Barloga said the Adventure Cycling Association has been championing the U.S. Bicycle Route System (USBRS).

The system includes a national network of preferred routes that use signed roads and trails to direct bicyclists through a city, county or state.

There are two U.S. Bicycle Routes that go through northern Indiana. They are USBR 35, which travels south from Michigan to Louisville, and USBR 36, which uses several different trails to connect Illinois to Michigan.

Barloga said he has been involved in the development of USBR 37 for about a year. Local communities in which the route travels have been supportive of the endeavor, he said.

The Merrillville Town Council was the latest to give its authorization to be included in the route.

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A bicycle is a simple little machine. At its essence, it’s just two connected wheels, some gears and pedals, and some handles for steering. Its simplicity has nothing to do with its effectiveness, however, as the humble bike is one of the most loved and most used means of conveyance in the entire world.

a person with a helmet on

I know this is starting like a book report, so let’s get to the heart of it: Matt Ryan and Julio Jones have been a bicycle built for two ever since Julio entered the NFL in 2011. They’ve been moving in the same direction at a brisk clip that entire time, wheeling their way quietly and efficiently through the history books, and now they stand here in late 2020 in the enviable position of being one of the greatest quarterback/wide receiver duos ever. Period.


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“Okay,” you say, your voice rising several octaves in an indication that you are about to be annoying, “but I’m not sure Ryan and Julio belong anywhere near the discussion of the best duos ever.” Wrong. The two have the sixth-most touchdown connections in NFL history, and that’s actually their worst ranking all-time. They’re second all-time in completed passes/receptions, trailing only the phenomenal Peyton Manning-Marvin Harrison connection, and they’re gaining in every category, albeit more slowly in touchdowns.

This production didn’t happen by accident, and it didn’t happen because Ryan only throws to Julio Jones. Over Julio’s career, he’s been sharing the field with capable tight ends (Hall of Famer Tony Gonzalez, Austin Hooper, and Hayden Hurst), quality second fiddles (the great Roddy White, Mohamed Sanu, Calvin Ridley), and pass-catching backs (Devonta Freeman, Tevin Coleman).

Jones and Ryan have made this happen regardless because Ryan is an underrated deep ball thrower with an accurate arm and a discerning eye for when a frequently double-teamed player like Julio might get open, and Julio has maybe the best blend of size, speed, work ethic and smarts of any receiver in NFL history. It works because they’re gifted and because they’ve forged the kind of connection that allows for greatness, and because they’ve played together for such a long time now.

I don’t know if Ryan and Julio will surpass Harrison and Manning across the board—the chances are good they won’t catch them in touchdowns, at the very least—but they will absolutely go down as one of the greatest quarterback and wide receiver duos ever. Like the simple and noble bicycle, those two have been rolling and will keep rolling for a long time yet.

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Global Automotive Valves Market to Reach $33. 5 Billion by 2027. Amid the COVID-19 crisis, the global market for Automotive Valves estimated at US$27. 8 Billion in the year 2020, is projected to reach a revised size of US$33.

New York, Oct. 24, 2020 (GLOBE NEWSWIRE) — announces the release of the report “Global Automotive Valves Industry” –
5 Billion by 2027, growing at a CAGR of 2.7% over the analysis period 2020-2027. Solenoid, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$8.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the EGR Valve segment is readjusted to a revised 2.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.5 Billion, While China is Forecast to Grow at 5% CAGR

The Automotive Valves market in the U.S. is estimated at US$7.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2027 trailing a CAGR of 5.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Brake Combination Valve Segment to Record 2.3% CAGR

In the global Brake Combination Valve segment, USA, Canada, Japan, China and Europe will drive the 1.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.1 Billion in the year 2020 will reach a projected size of US$2.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.6 Billion by the year 2027, while Latin America will expand at a 3.1% CAGR through the analysis period. We bring years of research experience to this 8th edition of our report. The 394-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Aisin Seiki Co., Ltd.

  • Aptiv PLC

  • BorgWarner, Inc.

  • Continental AG

  • Denso Corporation

  • Eaton Corporation PLC

  • Hitachi Ltd.

  • Robert Bosch GmbH

  • Tenneco, Inc.

  • Valeo SA

Read the full report:



Global Competitor Market Shares
Automotive Valves Competitor Market Share Scenario Worldwide:
(in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession



Table 1: Automotive Valves Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Automotive Valves Global


SHANGHAI—A tiny electric vehicle from General Motors Co. with a top speed of 62 miles an hour has zoomed past the Tesla Model 3 to become China’s bestselling EV.

Launched in late July under GM’s local Wuling brand, the Hongguang Mini costs $4,300 and primarily targets consumers in China’s smaller, less affluent cities. The Model 3, which Tesla Inc. started producing in Shanghai last year, costs roughly $37,600 after subsidies and is tilted more toward buyers in China’s wealthy metropolises.

GM’s strategy to go after the low end of China’s EV market runs counter to its approach in the U.S., where it plans to launch a battery-powered Hummer pickup truck under its GMC brand in about a year, priced at around $113,000. After years of struggling to sell relatively affordable electrics like the Chevrolet Bolt, GM’s coming slate of EVs will include larger vehicles and luxury cars, which should help the company turn a profit on them, analysts say.

Through the three months ended Oct. 31, the Hongguang Mini notched 55,781 in sales, compared with the Model 3’s 35,283 sales over that same stretch, according to the China Passenger Car Association. The duo are the top-selling EVs in China by a wide margin, accounting for nearly a quarter of the purchases.

Wuling, which GM produces through one of its two Chinese joint ventures with state-run SAIC Motor Corp. , has been the dominant player in China’s entry-level segment for many years. The Hongguang’s instant success suggests Wuling is well-placed to maintain that position as auto makers transition away from gasoline to electric propulsion.

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One 17-year-old girl died and another 17-year-old girl was injured in a two-vehicle crash Saturday night just east of Eagle, Nebraska, in Cass County. 

The crash occurred about 8:45 p.m. at the intersection of U.S. Highway 34 and Nebraska Highway 63, Cass County Sheriff Bill Brueggemann said. The names of the girls, both Lincoln residents, were withheld pending notification of family.  

The girls were taken to Lincoln’s Bryan Medical Center, where one was pronounced dead. Investigators determined that the girls were the driver and passenger in a 2011 Nissan Altima that was southbound on Highway 63 when it failed to halt for a stop sign at the intersection with Highway 34. 

The Nissan collided with a 2013 Dodge Charger before coming to a rest on its front end against a telephone pole, Brueggemann said. The driver of the Nissan was ejected, and her passenger had to be extracted from the vehicle. 

The Dodge Charger sustained heavy front-end damage and came to a halt in the southside ditch just off Highway 34. The driver of the Dodge, Macy Persinger, 18, of Eagle, and her passenger, Hunter Tucker, 18, of Ashland, Nebraska, were not seriously injured. 

The collision remains under investigation. 

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The Egyptian market is set to witness an expansion of transportation projects based on the public-private partnership (PPP) to achieve inclusive and sustainable development, Minister of Finance Mohamed Maait announced on Sunday.

Maait said that the achievements that Egypt attained over the past five years have led to the country to shoot up more than 50 places on the Doing Business report’s transport sector index.

“The private sector is the key driver of Egypt’s growth through financing the projects that create hundreds of thousands of job opportunities, which increases the consuming average and pushes the production process and uplifts citizens’ living standards,” said Maait.

He added that a new draft law has been submitted to parliament that includes amendments to the law that organises partnership with the private sector in infrastructure, services and public utilities with the aim of increasing cooperation with the private sector in implementing development projects and lightening the load on the state budget.

Minister of Transport Kamel El-Wazir asserted the imperative role the private sector plays in Egypt in implementing the state’s developmental projects.

He added that the ministry has a significant number of projects in which the private sector should participate and invest, including establishing logistic centres and dry ports in New Beni Sweif, 10th of Ramadan City, New Sohag, and El-Salloum.

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Illustration by Kathleen Fu

As Canada battles climate change, nothing is more important than reducing transportation emissions, which are second only to oil-and-gas extraction as a share of the country’s carbon footprint. And with millions of commuters burning gas while sitting in traffic, cities are at the centre of that challenge.

COVID-19′s unknown effect on long-term mobility patterns complicates matters. For instance, it’s difficult to confidently plan new public-transit lines when it’s anyone’s guess how many (and which) people currently working from home will return to commuting, and the number who will feel comfortable returning to crowded subways or buses rather than the safety of their own cars.

But one basic certainty is that, however much success cities have in seizing the current window to improve pedestrian and bicycle options, there will still be lots of motorized vehicles on the roads. So one surefire way to curb the greenhouse gases being spewed is to transition as many cars, buses and trucks as possible to electric models, rather than those that run on fossil fuels.

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As federal and provincial governments start to spread around stimulus funds, and municipalities change regulations to adapt to new realities, there are a few key ways that they could help cities electrify transportation, with some economic and lifestyle benefits atop the environmental ones.


One of the bigger obstacles to uptake of electric vehicles is that many urban dwellers who might otherwise be early adopters are “garage orphans.” That means they can’t easily charge EV batteries at home, either because they live in houses without driveways, or because they’re in condominium or apartment buildings that don’t have enough (or any) charging stations in their parking lots.

The good news is that the hurdle is very much surmountable. Jeff Turner, a researcher with Dunsky Energy Consulting who advises various municipalities on this challenge, highlighted a combination of policy tools to help overcome it.

For apartments and condos, an easy start is to follow the lead of cities in British Columbia (including Vancouver and Richmond) by changing building codes to require that new buildings have plug-in capacity in many or all parking spots. Older buildings are more of a challenge, but could be helped along with some of the energy retrofitting funding that governments are expected to roll out to help spur a green economic recovery.

When it comes to houses, discussion sometimes gets bogged down in a debate about whether to change zoning laws to make it easier for homeowners without driveways to build parking pads. But there are other, less contentious ways to address it.

Among those are curbside charging stations, perhaps attached to utility poles, in neighbourhoods where many residents rely on street parking.

Another, possibly more scalable approach is to provide garage orphans with opportunities away from home. Mr. Turner suggests that one of the most promising ones is for governments to build or provide incentives for fast-charging hubs that replicate gas stations. With the technology reaching


The residents of a condominium complex are suing the Village of Amityville over a decision to allow a nearby auto dealership to expand.

The Snug Harbor senior condominium complex and residents are listed as plaintiffs. They are suing the village and Security Dodge over the 4-1 June vote by village trustees to grant Security special-use permits to legalize 335 Merrick Rd. as an employee and customer parking lot and to build a one-story, quick-service shop with six bays at 339 Merrick Rd.

Snug Harbor residents, who live in 176 homes near Security, have long complained about late-night noise and speeding by employees. At an August 2019 hearing on the special permits, several residents spoke in opposition.

“They have spread like an infestation,” Snug Harbor resident Laura Gribbins said of Security during the hearing, according to a transcript filed in the case. “All of this expansion diminishes the appeal to future homeowners, investors and it ravages the home values of our current residents.” Gribbins is a named plaintiff in the case.

Security sued the village after its request for a site plan review for 335 Merrick Rd. was rejected in 2016, based on a 2006 village law that bans further automotive uses in the area. A state Supreme Court judge struck down the lawsuit in 2018, stating that the parking lot is a nonconforming use under village code. Security is appealing that decision.

The Snug Harbor lawsuit states that trustees lacked the authority to grant the special-use permits because under village code the permits could only be granted if the proposed automotive use is permitted within that area or the use was authorized by a variance from the zoning board. The lawsuit further maintains that Snug Harbor residents “will sustain direct and immediate injury” if the Security expansion is allowed and asks for preliminary and permanent injunctions against Security.

In its response, the village denied the assertions of the lawsuit and asked for it to be dismissed. Security, in a response filed on Thursday, also denied the lawsuit’s declarations and stated that the trustees have “full authority and jurisdiction” to issue the permits and that “no use variance is required.”

The village is being represented by Siegel & Sitler PLLC of Hauppauge, the same firm officials recently chose to take over in the Security appeal. The village had previously been using former village attorney Richard Handler in the appeal and has so far paid him $26,836 and Siegel & Sitler $12,175 for the cases.

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