Electric

Global Electric Bicycles Market 2020-2028: Research and Development Activities to Center around Battery Improvements in Coming Years

DUBLIN, Oct. 13, 2020 /PRNewswire/ — The “Global Electric Bicycles Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028” report has been added to ResearchAndMarkets.com’s offering.

The electric bicycles market expected to be growing at a compounded annual growth rate (CAGR) of 7.2% from 2020 to 2028 and reach US$ 28.51 Bn in 2028.

COVID-19 crisis and an increasing need to maintain social distance have promoted the use of ecological means of transportation, such as the electrical bicycle.

In the last couple of decades, the popularity of e-bicycles has grown manifold and there were around 210 million such bicycles used daily in 2016. China holds a major share of the overall market and the trend is expected to continue in the years to come. One of the most prominent factors aiding the adoption of e-bicycles can be attributed to rising concern among people towards environmental preservation. The use of e-bicycles greatly reduces ecological footprints, air contamination, and carbon emissions. The fact that these bicycles are not very expensive, further aids its adoption among people.

Current Trends in the Electric Bicycle Market

With the e-bicycle market booming, people are becoming more and more demanding as per the features and looks are concerned. As per recent trends, e-bicycles are becoming lighter and better looking. Lighter weight bicycles are made up of light materials such as carbon or aluminum. Moreover, in order to give an attractive appearance, the manufacturers are integrating the battery into the frame. In the following years, additional batteries are expected to become a common trend in order to extend the range of the e-bicycle. A Germany based company, Haibike, already has a model with the same concept.

In the following years, a growing number of urban and suburban

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Apple Contractor Foxconn Pushes Further Into Electric Vehicle Production

Foxconn Technology, the world’s biggest contract assembler of consumer electronics and main assembler of Apple products, says it has joined forces with a fellow Taiwanese hardware firm to delve further into electric vehicle production as the global market is set to grow.

The assembler founded by one of Taiwan’s richest people, billionaire Terry Gou, formed a “strategic alliance” with Yageo Group, Foxconn announced last week. The alliance will advance Foxconn’s fledgling electric vehicle business by sharing Yageo’s years of experience in EV components along with its knowhow in 5G technology and semiconductor packaging, the statement says.

“Through the cooperation with Hon Hai Group, we are able to enlarge mutual technological benefits and resource sharing to maximize the value of both groups and see multiple growths in the future,” Yageo Chairman Pierre Chen says in the statement.

Release of newer models, “pent-up” demand and supportive government policies should raise EV sales from 2021 after a drop this year caused by Covid-19 containment measures, analysis firm ResearchAndMarkets.com said in July. The global EV market is forecast to expand at an 18.4% compound annual growth rate from 2020 to 2025, fellow market analysis firm Kenneth Research forecasts.

Foxconn has tried over the past decade to reduce its dependence on contract manufacturing in the face of rising competition for workers in China and slowing growth in the global consumer electronics industry. A foray this year into medical gear is part of that drive.

Foxconn’s Chairman Young Liu announced in January that it would set up a joint venture with Fiat Chrysler Automobiles and ship EVs within two years. A month later, Foxconn said it would establish a joint venture with Yulon

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Home Remodeling & Refurbishing With Electric Radiant Infrared Heat Units

A perfect solution to adding heat to a home during a construction or addition project is using radiant ceramic flat panel electric infrared heaters. They are cost effective, efficient, eco-friendly, and a primary heat source of comfortable absorbing heat. They even warm the floor! This solution is applicable whether building an addition on a home, adding a three season glass enclosure or patio enclosure, remodeling a home, or refurbishing an older home. These units are the perfect solution for homes that have that one room that never stays warm enough.

So the question is how does this apply to the construction and refurbishing industry of older homes, home with additions being built, or green home construction? Using electric radiant infrared flat ceramic panels offers a dual benefit. The first is to bring heat to additions being built without running new tin and without the worry of the current furnace being powerful enough to handle the additional square footage. The second is to add a more effective and efficient primary heat source to the home or addition. Particularly a heat source that utilizes green technology that operates at a savings of up to 50% over the cost to heat the same space with natural gas.

Heating electrically has historically been less expensive than heating with natural gas or oil. That is because using 1000 watts of electricity costs about 10-12 cents per hour to run. But more than that heating with electric infrared technology reduces the recovery time of heating a room. This means the heating unit does not have to operate as frequently to keep the room warm or to re-heat the room after a door or window was opened.

A quick explanation and review of the efficiency and cost savings of infrared radiant heating follows in the next two …

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