Monthly Mobility - October Edition

Monthly Mobility - October Edition

Latest Updates on Market?

This section covers affordable EVs, Recycling Plants and Advance manufacturing Techniques!

Stellantis is entering the European market with a joint venture alongside Chinese EV maker Leapmotor, focusing on low-cost electric vehicles. This partnership aims to fill a crucial gap in Europe, where high prices and the phase-out of government subsidies have slowed EV adoption.?


In a bid to improve sustainability, Mercedes-Benz has launched a new battery recycling facility. This plant is part of the company’s broader effort to create a circular economy for electric vehicle components, focusing on reclaiming and reusing battery materials.?


Automakers are adopting new manufacturing methods, such as giga casting, which significantly reduces production costs for electric vehicles. This innovation, spearheaded by companies like Tesla and Xpeng, is poised to reshape the cost structure of the automotive industry.


Insights from Tomorrow's Journey Blog ?

Are Online Vehicle Purchases Trending??

The rise of online vehicle purchases is one of the most significant trends reshaping the automotive industry today.?This shift towards online car sales is changing how consumers and dealerships interact, streamlining the car buying process and making it more convenient and accessible.

In this blog, we will:?

  • Examine how consumer preferences are shifting?
  • Benefits and challenges for both buyers and dealerships?
  • Key players leading this digital revolution &?
  • Discuss the future outlook? ?

Read the full blog?to find?how emerging technologies and changing market dynamics will continue to shape the way vehicles are bought and sold.? ?


Industry News and Trends ?

Volvo has re-evaluated it’s 2030 goal of transitioning entirely to electric vehicles, now planning to include hybrid models in its lineup. This shift reflects broader industry challenges in achieving full electrification, with other European brands like Cupra also slowing down their EV-only goals?


GM is making significant investments in hydrogen fuel cell technology, with plans to build a new fuel cell manufacturing plant in Detroit. This expansion comes as part of GM’s broader strategy to diversify its clean energy solutions beyond electric vehicles?including new tariffs on Chinese EV imports and grants for battery manufacturing, to shift the U.S. automotive supply chain toward cleaner technologies.??


Expert Tips and Best Practices

Customer feedback is essential for helping car leasing and rental businesses improve their services and customer experience. Here’s how to effectively leverage it:?

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We are delighted to share the highlights from September! Stay tuned for more insights and updates in the next edition of our newsletter.

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