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Projected Growth Trends for the Electric Vehicle Industry Over the Next Decade

The electric vehicle (EV) industry has been growing rapidly in recent years, with sales doubling every two years. As technology continues to improve and governments around the world incentivize the use of EVs, the industry is expected to experience even more rapid growth in the coming decade. Here are some projected growth trends for the EV industry over the next 10 years:

1. Increasing Acceptance Among Consumers

As people become more environmentally conscious and the technology behind electric vehicles continues to improve, consumers are expected to become more interested in making the switch from gas-powered to electric vehicles. According to a recent survey, about 70% of consumers are interested in purchasing an electric vehicle if the price is right. With more affordable options becoming available and EVs proving to be more efficient and reliable than traditional cars, it is expected that more and more consumers will make the switch in …

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|In: Automobile Industry|Last Updated:
Types of Jobs in the Automobile Industry

There are several types of jobs in the automobile industry. Auto designers are responsible for the overall look and feel of a car. Quality testing engineers test parts and engines. Production workers construct cars. And quality control engineers inspect the work performed by others. If you think this job description sounds like your dream job, read on to discover more about the different career paths available in this industry. You may be surprised to learn that there are many opportunities to work in this field!

Auto designers develop the appearance of the interior and exterior of the car

The process of designing a car involves three main components. The interior design team creates sketches and computer models that depict the various options for interior design. The exterior design team develops the overall shape and surface details of the car. The process begins with manual sketches and progresses through digital and …

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|In: Automobile Industry|Last Updated:
An Inside Look at the Utilizing Automobile Stainless Steel Industry

Stainless steel is a perfect material to get a wide array of industrial enterprises. We see it used inside the catering enterprise, oil and gas, healthcare, and construction. It surpasses other components with regards to expense, durability, adaptability and weight. It is selected because of its rust-resistant traits, customizable shapes and its hygienic qualities. Let’s take a closer look at what industries use stainless steel and why it is the chosen material for them.

Automotive Industry

This sort of metal could be fabricated into an extensive range of forms like tubes, coils, sheets, plates, and much more. These possibilities differ based on the purpose of the preferred industry. As an illustration, the automotive industry desires coils and tubes to exchange, transfer and hold liquids inside a vehicle’s engine. These instruments need to also serve to shield and retain the liquids untainted when extreme heat or cold occurs. This can be …

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|In: Automobile Industry|Last Updated:
Selling Your Car Vs. Ride Share

When you’ve got a second (read used) car on your hands, there are a few options. You could sell it outright. This would generate one lump sum for you to have up front. Some people might have heard of Carcoin or ride sharing, however. Such strategies allow the consumer to either rent their auto or drive others for cash. Which option is going to lead to the largest payout?

Selling Your Car Vs. Ride Share

Hands down, if upfront money is important to you, you can’t beat selling the car. Doing so will generate a lump sum upfront. Most of the times, the amount will be attractive also. Some people feel awkward taking a lump sum when they know that they could have created a dividend stream from their used asset. Ridesharing technology makes such a thing possible.

There are two possibilities with ride sharing. You can drive others in your used car, or you …

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|In: Automobile Industry|Last Updated:

automotive industry outlook 2018Of course the concept of an automobile can be dated all the way back to when the wheel was very first invented nonetheless, I am going to place you back to when main progress was created to the auto market. The recognition element is not something that is new to Ford. In reality, in 1903, the very first Model T was introduced that gained immense reputation. The demand was so high that the firm had to get innovative with its mass production methods. In 1911, Ford went across the oceans and established a branch in Manchester, England. To meet the increased demand and need for rapid production, Ford Motors changed history in the automotive industry by introducing the 1st moving assembly line at the Highland Park Assembly Plant in the year 1913. The first assembly line has 140 assemblers who worked along a 150-foot line to assemble …

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