Battery electric vehicle production increased to 8.7 million units in 2022 from 4.9 million units in 2021, a year-on-year rise of 78%, Lear Corporation noted. More than any other country, China pushed this growth. Overall, Lear explained that the growing demand for electric vehicles is driven by numerous
Among Mexico‘s auto exporters, General Motors ranked first in the first two months of the current year (103,537 units, +3.7% year-on-year). Next positioned, in descending order: Stellantis (73,937 units, +53.7%), Nissan (49,438, +21.8%), Ford (44,137, +14.3%) and Toyota (40,682, +6.4 percent). Exports of automobiles (light vehicles) grew 12%
The global organic food market is estimated to grow from $227.19 billion in 2021 to $259.06 billion in 2022 at a compound annual growth rate (CAGR) of 14.0 percent. Also, the Global Organic Food Market Report 2022 indicates that the same market is projected to grow to $437.36
Hasbro Inc. reported that in recent years it has worked to reduce its dependence on manufacturing in China, for example by shifting production of certain products to facilities in other countries such as Vietnam, India and Mexico. At the same time, the company has increased production of its
NeuroPace estimates that there are approximately 575,000 adult patients with drug-resistant focal epilepsy in the United States. This reflects a total addressable market opportunity of approximately $26 billion for its RNS System. The company’s paradigm-shifting RNS System is currently indicated for use in adults with drug-resistant focal epilepsy
The used car market in the United States is the largest consumer product category, notes Vroom, Inc. According to Cox Automotive data, there were an estimated 36.2 million used vehicle transactions there in 2022. A 2022 NADA auto retail market summary indicates that the U.S. automotive industry generated