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Goldman Names Maliah Global Chairman of Investment Banking

Goldman Names Maliah Global Chairman of Investment Banking

Bloomberg3 days ago
Goldman Sachs Group Inc. named Raghav Maliah global chairman of investment banking, in addition to his regional roles in Asia, according to an internal memo.
Maliah will continue to serve as co-head of mergers & acquisitions in Asia Pacific and head of the Technology, Media, and Telecommunications Group in the region, excluding Japan, according to the memo confirmed by a spokesman.
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Electric Vehicle (EV) Busbar Market is Forecasted to Reach US$ 4.8 Billion in 2030, Says Stratview Research
Electric Vehicle (EV) Busbar Market is Forecasted to Reach US$ 4.8 Billion in 2030, Says Stratview Research

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Electric Vehicle (EV) Busbar Market is Forecasted to Reach US$ 4.8 Billion in 2030, Says Stratview Research

Detroit, July 04, 2025 (GLOBE NEWSWIRE) -- The global electric vehicle (EV) busbar market size was valued at US$ 1.7 billion in 2023 and is projected to reach US$ 4.8 billion by 2030, witnessing a market growth CAGR of 15% from 2024 to 2030, according to an analysis by Stratview Research. Stratview Research, a global market research firm, has launched a report on the global Electric Vehicle (EV) Busbar Market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. Click here to get a free sample of the report: Market Statistics Market Size in 2023 US$ 1.7 billion Market Size in 2030 US$ 4.8 billion Growth (CAGR) 15% during 2024-2030 Cumulative Sales Opportunity 2024 to 2030 US$ 24.6 Billion Leading EV Type BEV Leading Product Type Rigid Busbar Leading Material Type Copper Leading Sales Channel Type Battery manufacturers Leading Vehicle Type LV Leading Region Asia-Pacific Forecast Period 2024-2030 Trend Period 2018-2022 Base Year 2023 Number of Segments Covered 6 Number of Tables & Graphs 100+ Country-Level Market Assessment 20 Segment Insights & Market Share Analysis of the Electric Vehicle (EV) Busbar Market: The global electric vehicle (EV) busbar market is segmented based on EV type, product type, material type, sales channel type, vehicle type, and region. Based on EV type The EV busbar market is segmented into BEV and HEV. The BEV segment accounted for the larger market share. BEVs operate solely on electric power and have larger batteries and high-voltage systems; hence, they require efficient and high-current connections. Its all-electric architecture makes the busbar perfect for connecting high-voltage systems such as the battery, inverter, and motor controller. HEVs have both electric and combustion power and require less extensive busbar systems, limiting their market share. Based on product type The market is segmented into rigid busbars and flexible busbars. Rigid Busbar is the dominant product of the market over the forecasted period. The rigid busbar offers unparalleled thermal performance, high current-carrying capacity, mechanical strength, and compact and space-saving design. They are reliable solutions for high-power distribution in electric vehicles, such as connecting battery packs to inverters or power control units. Flexible busbars are likely to experience faster growth during the forecast period owing to their advantages, such as greater flexibility in routing, absorb vibrations better than rigid busbars, and ease of installation and maintenance. Based on material type The market is segmented into copper, aluminum, and bimetallic. Copper is currently the most preferred material of the market, whereas aluminum is expected to experience the fastest growth during the forecast period. Copper busbar has exceptional electrical conductivity, thermal efficiency, mechanical strength, resistance to corrosion, and compatibility with high-voltage systems. They can carry higher currents compared to aluminum busbars of the same size, making them a preferred choice for EVs, especially for high-power and high-performance applications. Based on sales channel type The market is segmented into battery manufacturers and OEMs. Battery manufacturers are expected to remain the preferred sales channel of the market during the forecast period, whereas OEMs are projected to grow at a faster rate during the forecast period. Based on vehicle type The market is segmented into LV and M&HCV. LV (passenger cars, SUVs, etc.) is the largest vehicle type in the total EV market, which drives the higher demand for busbars in this segment. Also, increasing focus on mass-producing light electric vehicles requires high-performance busbars. To know the most attractive segments, click here for a free sample of the report: Which region shows the most promising growth forecast and opportunity? The analysis suggests that Asia-Pacific is expected to remain the largest market for EV Busbar during the forecast period. This growth outlook is majorly attributed to the following: Asia-Pacific is the largest producer and consumer of electric vehicles, majorly driven by China. Leading Chinese EV manufacturers include BYD, SAIC, Geely, and Xpeng. Also, a major EV OEM, Tesla, has a manufacturing plant in China. Rising infrastructure investments, strong government policies, the presence of leading EV battery and component manufacturers, and an increasing domestic consumer base of EVs are some other factors driving the demand for EV busbars in the region. Likewise, North America is likely to experience the fastest growth during the forecast period owing to rising EV production, government incentives, and rising consumer demand. Electric Vehicle (EV) Busbar Market Drivers: Some of the key drivers listed in the report are given below. Global Electric Vehicle Growth: The worldwide shift to electric cars is increasing demand for EV busbars, essential parts that distribute power efficiently in battery packs and charging systems. Government support, tougher emissions laws, and more consumer interest are boosting EV sales. Demand for Lighter, High-Performance Power Components: EV makers want lightweight, compact, and highly conductive parts to extend driving range and improve efficiency. Busbars using advanced copper alloys and aluminum provide superior electrical performance while weighing less than conventional wire harnesses. This switch to busbars improves heat control and dependability, meeting EVs' growing power needs. Advanced Busbar Technology and Materials: New developments like flexible busbars, laminated designs, and improved surface coatings enhance electrical flow, heat removal, and structural durability. These improvements allow busbars to manage higher electrical loads and support rapid charging systems, matching the developing EV industry requirements. Increasing EV Charging Networks and Energy Storage: Expanding public and private charging stations, combined with renewable energy and storage system integration, is boosting busbar demand in power distribution units and battery energy storage systems. With significant government infrastructure investments (such as the US Infrastructure Investment and Jobs Act), busbar use now extends from vehicles to charging stations and electrical grid systems. Competitive Landscape: Top Companies in the Electric Vehicle (EV) Busbar Market: The market is moderately concentrated, with the presence of over 30 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. Major players are performing strategic mergers and acquisitions to gain market share. Stratview Research has identified the following companies as the top market players: Amphenol Corporation APTIV Ennovi Methode Electronics (Methode Power Solution) Shenzhen Everwin Precision Technology Co, Ltd. SCHERDEL Suzhou West Deane Machinery Inc. What Deliverables Will You Get in This Report? Key questions this report answers Relevant contents in the report How big is the sales opportunity? In-depth analysis of the Electric Vehicle (EV) Busbar Market How lucrative is the future? Market forecast and trend data and emerging trends Which regions offer the best sales opportunities? Global, regional, and country-level historical data and forecasts Which are the most attractive market segments? Market segment analysis and forecast Who are the top players and their market positioning? Competitive landscape analysis, Market share analysis How complex is the business environment? Porter's five forces analysis, PEST analysis, Life cycle analysis What are the factors affecting the market? Drivers & challenges Will I get the information on my specific requirements? 10% free customization For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@ Related Reports: Electric Vehicle (EV) Ducts Market Electric Vehicle (EV) Fasteners Market Also Read Our Newly Published Reports on GlobeNewswire: Lithium-Ion Battery Separator Market Electric Vehicle Wire Harness Market About us— Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries. It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions. Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more. Are you looking for any specific data customized to your objectives? We are just a mail away. CONTACT: Stratview Research Visit : Mail Us : sales@ Call Us : +1-313-307-4176Sign in to access your portfolio

Niu Technologies Provides Second Quarter 2025 Sales Volume Update
Niu Technologies Provides Second Quarter 2025 Sales Volume Update

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Niu Technologies Provides Second Quarter 2025 Sales Volume Update

BEIJING, July 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025. 2Q 2025 2Q 2024 1H 2025 1H 2024 China Market 318,719 207,552 501,784 317,667 International Markets 31,371 48,610 51,619 67,634 Total 350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sales in the China and international markets were 318,719 and 31,371 units, respectively. In China, we remained focused on our key product line development strategy, enhancing existing models through continuous upgrades and refining our product portfolio. These efforts resulted in an optimized product mix that appeals to a broader range of consumers and delivers a more enjoyable riding experience. During the '618 Shopping Festival,' our high-end models secured top rankings across major e-commerce platforms, including Tmall, JD and Douyin. This strong performance further solidifies NIU's position in China's premium market, appealing to riders who value design and innovation. In the international markets, we launched a comprehensive portfolio of electric motorcycles, including off-road models. Supported by an expanded distribution network, this lineup has significantly strengthened our global market position, despite ongoing challenges in the micromobility sector due to a complex and uncertain environment. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc. About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Niu TechnologiesE-mail: ir@ in to access your portfolio

French President Macron announces 'historic' Airbus/Malaysia Airlines deal
French President Macron announces 'historic' Airbus/Malaysia Airlines deal

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French President Macron announces 'historic' Airbus/Malaysia Airlines deal

PARIS (Reuters) -French President Emmanuel Macron said on Friday there had been an historic deal between Airbus and Malaysia, as Macron hosted Malaysian Prime Minister Anwar Ibrahim in Paris. Macron said such deals highlighted the importance of trade between France and Asia, as Europe faces up to likely tariffs from U.S President Donald Trump. "I am thinking of the projects signed in the key minerals sector, in the rare earths sector with the company Carester which has just opened up a factory in the region of Lacq, the transport sector with this historic co-operation between Malaysia Airlines and Airbus, and in the energy transition sector," said Macron. Industry sources told Reuters this week that Airbus was close to winning an order from Malaysia Aviation Group for more A330neo long-haul jets. "Airbus has been our focus. Malaysian Airlines 20, and AirAsia another 50," added Ibrahim. Sign in to access your portfolio

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