Insight of the Day: Average new car prices are falling and could significantly boost sales
Key Insights: Falling New Car Prices: The average new car price has dropped by 3% from June 2023 to June 2024, a shift that could lead to...
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InsightTrendsWorld
Jun 232 min read
Innovation of the Day: Electric motorcycles backed by solar battery-swapping
Findings: Zembo Motorcycles, a Ugandan startup, is addressing urban air pollution by providing electric motorcycle taxis. The...
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InsightTrendsWorld
Jun 231 min read
Insight of the Day: Beyond imitation: how designers are reimagining China’s cars
Findings: Xiaomi's SU7 EV, inspired by Porsche's Taycan, has seen a surge in pre-orders, exceeding 88,000 by April end. The Chinese EV...
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InsightTrendsWorld
Jun 232 min read
Insight of the Day: Used-EV prices are crashing as buyers shift back towards hybrid vehicles
Key Takeaways: Used EVs are now cheaper than gas-powered counterparts: A shift in consumer preferences and increased supply have led to a...
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InsightTrendsWorld
Jun 212 min read
Insight of the Day: BYD's EURO 2024 Sponsorship Reflects Global EV Ambitions
Key Findings: BYD, a leading Chinese electric vehicle (EV) manufacturer, became the first Chinese carmaker to sponsor the UEFA EURO 2024...
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InsightTrendsWorld
Jun 211 min read
Insight of the Day: Consumer survey on EVs reveals perception vs. reality
Findings: Misconceptions about EVs: Consumers underestimate EV range, overestimate cost, and are often unaware of incentives. Lack of...
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InsightTrendsWorld
Jun 212 min read
Insight of the Day: Car Buyers Want More Screens as In-Vehicle Entertainment Rises
Key Findings: Increased Demand for In-Car Video: Consumer interest in in-car video entertainment is growing, with a majority of...
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InsightTrendsWorld
Jun 182 min read
Insight of the Day: New study finds cybersecurity as top concern among automotive manufacturers
Key Findings from Rockwell Automation's 9th Annual State of Smart Manufacturing Report: Industry Evolution and Challenges: Cybersecurity...
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InsightTrendsWorld
Jun 181 min read
Insight of the Day: Most car buyers will consider finance even though only half are comfortable with the process
Findings: 76% of car buyers are open to considering dealer finance options. 63% of those who previously bought cars outright are now...
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InsightTrendsWorld
Jun 181 min read
Insight of the Day: Third of New-Car Buyers Wouldn't Consider a Purchase Without Smartphone Mirroring
Findings: Approximately one-third of global new car buyers consider smartphone mirroring features essential, with the percentage being...
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InsightTrendsWorld
Jun 181 min read
Insight of the Day: Why 44% Of Potential Electric Car Buyers Are Postponing A Switch To EVs
Findings: A McKinsey study shows that 46% of EV owners in the U.S. would consider switching back to gas-powered cars. The main reasons...
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InsightTrendsWorld
Jun 172 min read
Insight of the Day: People are delaying buying new cars, creating a deflationary 'spiral' that's bad news for the auto industry
Findings: Car shoppers are delaying purchases due to high interest rates and price volatility, hoping for better deals in the future....
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InsightTrendsWorld
Jun 172 min read
Insight of the Day: Why buying pre-owned cars is more in demand?
Findings: The demand for pre-owned cars has seen a significant rise recently due to several factors: COVID-19 pandemic: Shifted...
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InsightTrendsWorld
Jun 172 min read
Insight of the Day: Every Reason Why Smartphone Makers Building Cars Could Actually Be A Good Thing
Findings: Smartphone companies have already contributed to the automotive industry through software like Apple CarPlay, Android Auto, and...
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InsightTrendsWorld
Jun 112 min read
Insight of the Day: Majority Of Consumers Unlikely Or Very Unlikely To Buy An EV
Findings: A new AAA study reveals a decline in consumer interest in electric vehicles (EVs). Only 18% of respondents are likely or very...
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InsightTrendsWorld
Jun 112 min read
Insight of the Day: Majority of Americans will pay more for electric vehicles made in US
Survey Results on American Attitudes Toward Electric Vehicles and Climate Change Key Findings: Interest in Electric Vehicles...
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InsightTrendsWorld
Jun 62 min read
Insight of the Day: Demand for used BEVs and hybrids is set to grow once ‘price is right’
Findings: Strong interest in used hybrids and EVs: 58% of buyers would consider a used hybrid, and 50% would consider a used EV....
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InsightTrendsWorld
Jun 62 min read
Insight of the Day: Lack of cheap used EVs slowing down Britain's move to electric cars
Findings: Limited supply of affordable used electric vehicles (EVs) under £15,000 in the UK. Increased availability of new EV models but...
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InsightTrendsWorld
Jun 62 min read
Insight of the Day:Consumer Survey Reveals Majority Of Americans Are Still Open To Buying Electric Vehicles Despite Changing EV Market
Findings: A survey conducted by MINI USA found that American consumers are still open to buying electric vehicles (EVs) despite a...
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InsightTrendsWorld
Jun 41 min read
Insight of the Day: Electric Cars Are Suddenly Becoming Affordable
Findings: Electric vehicle (EV) prices are falling due to increased competition, lower raw material costs, and more efficient...
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