Latest news with #C40Recharge
IOL News
3 days ago
- Automotive
- IOL News
Volvo's electric momentum builds on impressive EX30 and EX90 sales in South Africa
The EX30 continues to capture South African hearts while the new EX90 raises the bar, making premium electric driving more accessible and exciting than ever. Known for its strong performance in the electric vehicle segment, Volvo Car South Africa has once again posted successful sales figures for the first four months of the year. The popular EX30 led the way, and the introduction of the new EX90, the brand's range-topping luxury electric SUV, further boosted sales. Between January and April 2025, the Swedish marque delivered 114 electric vehicles to customers, with the EX30 leading the charge at 48 units. Not only is it the best-selling electric Volvo, but the compact crossover remains South Africa's favourite premium EV, outselling similarly-sized rivals from luxury brands. Notably, the top 5 best-selling electric vehicles in South Africa during this period included the XC40 and C40 Recharge, with a combined 36 units in third place, while the all-new EX90 secured fifth place with 30 units. In 2024, Volvo was the best-selling electric vehicle brand in South Africa, with 539 examples delivered to customers last year.
Yahoo
28-05-2025
- Automotive
- Yahoo
Occupant Classification System Market worth $3.95 billion in 2032
DELRAY BEACH, Fla., May 28, 2025 /PRNewswire/ -- The global occupant classification system market is projected to reach USD 3.95 billion in 2032 from USD 4.00 billion in 2025 at a CAGR of -0.2%, according to a new report by MarketsandMarkets. The occupant classification system (OCS) market is set for notable growth due to increasing consumer demand for enhanced safety features in vehicles and stringent safety regulations that require effective occupant protection systems. Additionally, the rise in vehicle production, especially in emerging markets, particularly in the Asia Pacific region, is expected to significantly contribute to market expansion. Download an Illustrative overview: Browse in-depth TOC on "Occupant Classification System Market" 277 - Tables 84 - Figures 266 - Pages The belt tension sensor segment is projected to hold the dominant share during the forecast period. Belt tension sensors are projected to hold a larger market share than pressure sensors due to their critical role in enhancing passenger safety by accurately measuring the force applied to seatbelts during a crash. The increasing regulatory emphasis on advanced safety features in vehicles is prompting manufacturers to prioritize the integration of belt tension sensors, while component manufacturers are improving their belt tension sensor offerings. A recent development highlighting this trend is ZF's introduction of new smart belt technology in January 2024, which aims to improve the performance and reliability of restraint systems. This innovation not only enhances the effectiveness of occupant protection systems but also reflects the industry's commitment to advancing vehicle safety technologies. As a result, the demand for belt tension sensors is projected to rise significantly in the coming years. The battery electric vehicle segment is projected to lead the occupant classification system market during the forecast period. The battery electric vehicle (BEV) segment is expected to account for the largest share during the forecast period, primarily due to increasing consumer demand for fully electric vehicles and stricter emissions regulations globally. Another key driver of this growth is the substantial sales boost from leading automakers. Volvo models such as the C40 Recharge and EX90 are equipped with seat occupant detection sensors from IGB Automotive, highlighting the integration of advanced safety technologies in this growing segment. This surge in BEV adoption underscores the industry's commitment to electrification and the importance of safety systems in modern EVs. Asia Pacific is estimated to lead the occupant classification system market in 2025. Asia Pacific is estimated to lead the occupant classification system market in 2025 due to the rising production of vehicles, increasing focus on safety regulations, and growing awareness among consumers about vehicle safety. Countries like China, Japan, and South Korea played a major role in this growth by introducing strict rules for automotive safety and encouraging the use of advanced systems that detect passengers in vehicles. For instance, China's New Car Assessment Program (C-NCAP), Japan's safety guidelines for driver-assistance systems, and South Korea's automotive safety regulations have supported the adoption of OCS in both passenger and commercial vehicles. These systems help determine the appropriate deployment of airbags based on passenger type and seating position. Also, the governments across the region have made airbags and seatbelts mandatory, which has driven OEMs to adopt more advanced passenger detection technologies. In countries such as China and India, manufacturers are increasingly using weight sensors, pressure mats, and camera-based systems even in entry-level vehicles to enhance safety and meet regulatory requirements. The growing trend toward connected and semi-autonomous vehicles has further increased demand for intelligent occupant monitoring systems. Major automakers like Toyota, Hyundai, Honda, and Geely are working with technology suppliers to integrate advanced OCS solutions that use artificial intelligence, image processing, and sensor fusion. Several local players, such as Hella India Automotive, Shenzhen Vayyar Technology, Dongfeng Electronic Technology Co., Ltd., and Joyson Safety Systems, are also actively contributing to the market by offering cost-effective and customized solutions tailored to local OEM needs. Innovations such as infrared sensors, time-of-flight cameras, and AI-powered occupant recognition are helping replace traditional weight-based systems with more precise and reliable technologies. These systems not only detect adults and children but also recognize empty seats, seatbelt usage, and even passenger gestures, improving overall safety. Fleet operators and shared mobility companies across the region are adopting OCS to ensure passenger protection and comply with evolving transportation regulations. Additionally, the shift toward electric and autonomous vehicles is increasing the importance of reliable occupant detection systems for safety and comfort. Key Market Occupant Classification System Industry: Prominent players in the Occupant Classification System (OCS) Companies include as Robert Bosch GmbH (Germany), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Continental AG (Germany), IEE Smart Sensing Solutions (Luxembourg), AISIN CORPORATION (Japan), and Aptiv (Ireland). Get 10% Free Customization on this Report: This report provides insights on: Analysis of key drivers (increasing stringency of safety regulations and rising consumer awareness of safety), restraints (potential sensor malfunctions and supply chain disruptions), opportunities (integration of advanced technologies and growing penetration of occupant classification systems in economy cars), and challenges (limited penetration in emerging markets and complex regulatory standards) Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and new product & service launches in the occupant classification system market Market Development: Comprehensive information about lucrative markets; the report analyzes the occupant classification system market across varied regions Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the occupant classification system market Competitive Assessment: In-depth assessment of market share, growth strategies, and service offerings of leading players like Robert Bosch GmbH (Germany), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Continental AG (Germany), IEE Smart Sensing Solutions (Luxembourg), AISIN CORPORATION (Japan), and Aptiv (Ireland) in the occupant classification system market. Related Reports: Electric Vehicle Market Automotive ECU Market Automotive Safety System Market Get access to the latest updates on Occupant Classification System (OCS) Companies and Occupant Classification System (OCS) Industry Growth About MarketsandMarkets™: MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content to download multimedia: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TimesLIVE
06-05-2025
- Automotive
- TimesLIVE
Volvo introduces guaranteed future value offers for EVs in South Africa
Volvo has introduced a guaranteed future value (GFV) financing option across its range of electric vehicles (EVs) in South Africa. The initiative aims to provide greater cost predictability for buyers of the EX30, XC40 Recharge and C40 Recharge models. The GFV structure allows customers to finance a vehicle with the option to return, retain or upgrade it at the end of a 48-month term, with a predetermined trade-in value set at the start of the agreement. This approach is intended to address concerns about long-term value and affordability — particularly for first-time EV buyers. Monthly instalments under the GFV offers are: EX30: R9,999; XC40 Recharge: R12,674; and C40 Recharge: R17,158. Each GFV agreement also includes a support package: R7,500 towards the installation of a GridCars home charger; a R12,000 charging voucher valid for 24 months; and 10GB of monthly in-car data for three years, provided by Vodacom. These GFV offers are available at Volvo dealerships around South Africa.
