(Bloomberg) — Sales of electric vehicles in Europe are growing at such a pace that the continent looks increasingly likely to outpace China in the near future.
That’s one of the findings of a report released Tuesday by London-based automotive research firm Jato Dynamics. However, it found that Europe and the U.S. still have a few things to learn from China, the world’s biggest EV market, including prioritizing affordability, centralizing planning, and using data to better understand consumers.
Demand for cleaner and smarter cars is rising globally, particularly in Europe where the market has been bolstered by tighter emissions regulations along with an increasing awareness of climate change. EV sales in Europe in the first half exceeded China for the first time since 2015.
Although the coronavirus pandemic hurt all car sales, including EVs, which fell 15% globally in the second quarter, the market for electric vehicles is
Before the pandemic, the number of cycle lanes and on-demand bike share schemes were rocketing across Europe. Shared public transport–scooters, bikes, cars–worked on the assumption that people in modern cities wanted to jump on whatever transport was available nearby, using an application, and leave them at stations or spaces when finished.
But there is a new trend, fuelled by Covid-19 and the rise in popularity of e-bikes; in a pandemic, people don’t want to rub shoulders with anyone else, they don’t want to share transport with people they don’t know and they need to not be sweaty or out of breath when they arrive at their destination.
Now, as countries clear roads for cycle lanes, and investors pour money into new European transport, it seems the public is ready for a new transport model for cycling–that of longer-term bike
(Bloomberg) — Shortly after coronavirus forced Italian Prime Minister Giuseppe Conte to lock down the country, lawmaker Massimiliano Capitanio took an unusual call at his office in Rome.
It was an appeal for help from a hospital at the epicenter of the outbreak in northern Italy. Its administrators direly needed faster internet connections and computers to deal with the flood of patients. Capitanio — who sits on parliament’s telecommunications committee — called the country’s phone companies to help out.
To Capitanio, the pandemic was a wake-up call to fix Italy’s creaking internet. Now Conte has stepped in with a plan to kick-start investment by merging the country’s two biggest landline networks.
“Some families still don’t own a computer,” said Capitanio. “The government has been forced to step in and tackle this social emergency.”
Europe’s internet infrastructure is riddled with gaps and bottlenecks, exposed over the past seven months
Coty Inc. (COTY) – Get Report said on Thursday that it was expanding its division for Kylie Jenner’s skincare products, Kylie Skin, to France, Germany, the U.K. and Australia.
The direct-to-consumer Kylieskin.com websites will ensure faster delivery of products. They’ll also enable customers to shop using their local languages and currencies, avoiding additional customs fees and duties, the New York beauty-products company said in a statement.
At last check Coty shares jumped 8% to $3.60.
“The launch of the Kylie Skin international websites also reinforces Coty’s strategic commitment to strengthening the direct-to-consumer business model,” said Simona Cattaneo, president of luxury brands at Coty. “We continue to see collections sell out quickly.”
“I always wanted to bring my skincare line to more consumers around the world and this will allow for an easier shopping experience and faster delivery,” Jenner, a fashion designer and entrepreneur with a big social-media following,
The Europe Smart Locks market was valued at US$ 401. 9 million in 2019 and is projected to reach US$ 1208. 7 million by 2027; it is expected to grow at a CAGR of 15. 1% from 2020 to 2027. A steady growth in the adoption of portable security devices, a rise in security threats, and the development of smart cities are some of the other factors driving the smart locks market.
New York, Oct. 01, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Europe Smart Locks Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Type, Communication Technology, Application, and Country” – https://www.reportlinker.com/p05974375/?utm_source=GNW Nevertheless, the high cost of devices, misplace of smartphones, and fear of privacy intrusion are expected to hinder the market growth.
Additionally, the emerging popularity of smart technology is projected to offer new opportunities for the smart locks manufacturers during the
The “Exhibitions & Events Market in Europe – Industry Outlook & Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
The European exhibition market size is expected to reach revenues of $18 billion by 2025, growing at a CAGR of over 3% during the forecast period.
The Europe exhibition market is likely to experience significant modifications with the use of big data analytics. It enables exhibitors in the region to make planned marketing programs, digital campaigns, and effective strategies that will drive market growth. Companies are using big data to provide valuable business intelligence to stay in line with the competition.
Furthermore, the data gathered bits of help in better logistics planning, increases sponsorship opportunities, boosts events participation, and improves revenues, and helps increase the attendance rate at exhibitions. Moreover, the data can help crunch numbers for CRM, marketing, e-mail marketing, sales, and event management. The increasing presence of big
(Bloomberg) — Climate change is fueling megafires that can’t be extinguished with helicopters and fire trucks, so Europe’s most fire-prone region has come up with new ways to protect forests. In many parts of the continent, countries are letting smaller fires burn, using historic data to model future fire behavior and offering subsidies to encourage land owners and people living close to forests to manage them properly. Over the long term, the goal is to turn forest management into a profitable activity that can also revive rural economies.
“There are a number of different tools and the secret is combining all that’s available,” said Alexander Held, a wildfire expert at the European Forest Institute, a research center set up by European Union members.
Mediterranean nations spent around 200 billion euros ($237 billion) in the past two decades to build up some of the world’s largest, best-equipped firefighting forces.
The MarketWatch News Department was not involved in the creation of this content.
Sep 28, 2020 (Heraldkeepers) —
Digital Gaming Market is valued at USD 135.85 Billion in 2018 and expected to reach USD 391.42 Billion by 2025 with the CAGR of 16.32% over the forecast period.
Increasing demand for the premium subscription model, high adoption of electronic devices and increasing internet penetration are some of the major factors driving the growth of the Global Digital Gaming Market.
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A digital game is a program which is designed to provide interactive experience to the player for both educational as well as commercial purposes. Virtual environment provided by the digital games do not limit players by physical space or by hands on access, rather it encompasses large spectrum of cultural and media activities based on digital technologies. The latest technologies have provided new levels to digital
Industrial Condensing Unit market is flourishing owing to the major use in market development and inclination towards healthy food. South Asia and East Asia will boost their production in the upcoming years.
DUBAI, UAE / ACCESSWIRE / September 28, 2020 / The Industrial Condensing Units Market is likely to surpass US$ 2 billion through the forecast period. Manufacturers and key players are regularly focusing on expanding sales opportunities in the market which will expand in terms of value and revenue, thereby, paving a path for opportunities. Tough competition between players and price structure of Industrial condensing unit can act as key restraints in the market.
“Low-price and cost-efficient industrial units are high in demand. Product innovation and price competitiveness plays a key role in shaping the market scenario. The escalating need for industrial condensing unit in food sector is likely to drive the market growth in near future,” says the
The skew toward tech giants in the U.S. stock market is well known. Less appreciated is that Europe’s markets are now dominated by drugmakers.
Healthcare accounts for a quarter of the Stoxx Europe 50 index—almost as much as the almost 28% represented by information technology in the S&P 500. Five of Europe’s top 10 companies by market value are now drug producers:
This trend isn’t new, but it has been turbocharged by this year’s pandemic-driven downturn, which has highlighted the social relevance of the drug industry as well as its typically recession-proof profit profile. A vaccine AstraZeneca has licensed from the University of Oxford is a front-runner in the battle against Covid-19.
The rise of health care is one result to emerge from an analysis of Europe’s largest companies and how they have shifted over the past decade and