Automotive Data Analytics Market Forecast to Reach $6.2 Billion by 2026 The Rise of Usage-based Insurance, Especially Among Young People Will Be a Major Factor Resulting in the Significant Growth of Data Analytics Among Insurers in This Market.
BriefingWire.com, 4/21/2021 - The market for Automotive Data Analytics is forecast to reach $6.2billion by 2026, growing at a CAGR of 16.75% from 2021 to 2026. Data analytics has come to play an increasing role in the automotive ecosystem. As OEMs look for new revenue generation models, the analytics and value-added services provided through these solutions will increasingly come to the forefront. The increase in technologies of the automotive industry, the demand for connected vehicles have now been elevating the demand for data analytics to analyze and gain customer behaviour and evaluating and projecting future demand. Before, data analytics was limited to sales and marketing, but now
Auto industry body SIAM on Wednesday termed the government s move to extend the FAME II certification validity by one year as a step in the right direction. The measure will enable FAME II eligibility certificate valid for one year from the last date of certification instead of the financial year norm earlier, Society of Indian Automobile Manufacturers (SIAM) said in a statement. We appreciate and thank the Department of Heavy Industry (DHI) to accept this recommendation of the industry. Such progressive measures would help bolster the industry s confidence to introduce more and more electric models with time, it added.
SIAM noted that the scheme is largely on the right track and would result in desirable outcomes in the coming few years.
Extension of FAME II certification validity to help bolster industry confidence: SIAM
PTI
New Delhi |
Updated on
April 14, 2021
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Now, FAME II certificate to be valid for one year from last date of certification, instead of the financial year norm earlier
Auto industry body SIAM on Wednesday termed the government’s move to extend the FAME II certification validity by one year as a step in the right direction.
The measure will enable FAME II eligibility certificate valid for one year from the last date of certification instead of the financial year norm earlier, Society of Indian Automobile Manufacturers (SIAM) said in a statement.
Extension of FAME II certification validity to help bolster industry confidence, says SIAM indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Government extends validity of FAME II certificate Updated Apr 13, 2021 | 17:28 IST | Team Times Drive
The Department of Heavy Industry on Monday extended by one year the eligibility certificates issued by testing agencies and approvals for electric vehicles that were valid till March 31, 2021. Government extends validity of FAME II certificate
Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday welcomed the government s move to extend the validity of the FAME II certification for one year. The Department of Heavy Industry on Monday extended by one year the eligibility certificates issued by testing agencies and approvals for electric vehicles given by the National Automotive Board (NAB) and DHI that were valid till March 31, 2021. Originally, manufacturers were required to submit re-validation certificates for availing of demand incentives under the FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric V