Latest news with #LightDutyVehicle
Irish Independent
2 days ago
- Automotive
- Irish Independent
Sligo to get extra EV charging hubs
An allocation of almost €8 million will be provided to support grants for recharging infrastructure at the selected sites, with chargers set to be in place by the end of this year. These new sites will deliver 175 new fast and ultra-fast recharging points, at 53 locations along the national road network, making it quicker and easier for EV drivers to top up on longer journeys. The announcement is part of a wider plan to build a reliable recharging network across the country, with the distance between recharging hubs to be 60km or less. The recharging hubs are funded through the Light Duty Vehicle (LDV) initiative operated by Zero Emission Vehicles Ireland (ZEVI), and delivered by Transport Infrastructure Ireland (TII). This phase of the initiative focused on over 1,200km of national single carriageway roads. Enterprises such as petrol/service station operators, car park owners, hotels, supermarkets/retail outlets, and others with publicly accessible sites, could apply through a competitive grant process for funding. The total allocation for this aspect is €7.9 million. Applegreen, Carraroe, Sligo N4; Whiteside's SuperValu, Ballisodare, N4; Surlis SuperValu, Tubbercurry, N17; Drive Service stations Ltd, Sligo, N17. Sligo Leitrim TD, Frank Feighan has welcomed the announcement of the nomination of 7 sites across Leitrim, South Donegal, and Sligo. 'It is vital for this region and constituency that we expand our EV charging network to facilitate EV owners who visit this region for either work or leisure purposes. 'I would like to see more of our smaller villages and towns get the funding to provide town centre fast charging EV points to ensure that more and more people have the opportunity to visit our locality including EV owners without the concern of range anxiety,' said Deputy Feighan. The nominating sites in Leitrim are: Rooney's Supervalu, Manorhamilton and Rosebank Retail Park, Carrick-on-Shannon.
Irish Independent
3 days ago
- Business
- Irish Independent
EV drivers in Limerick set to benefit from three new high-powered recharging hubs
The new sites are supported by nearly €8 million in government funding and will be strategically located to ensure drivers are never more than 60km from a high-power charging facility. 'We're taking real, practical steps to make electric vehicles work for everyone,' said Minister for Transport Darragh O'Brien. 'With more chargers, more choice, and more support, we hope even more people will feel confident making the switch to electric,' he added. The recharging hubs are part of the Light Duty Vehicle (LDV) initiative operated by Zero Emission Vehicles Ireland (ZEVI) and delivered by Transport Infrastructure Ireland (TII). This national phase of the programme focused on over 1,200km of national single carriageway roads. Funding was awarded through a grant process for accessible locations such as service stations, supermarkets, hotels, and car parks. The total funding for this phase amounts to €7.9 million, with several Limerick locations among the first confirmed: Weev Charging Ltd, Templeglantine, N21; Hodkinson's Centra & Top Oil, Patrickswell, N21; Dooleys SuperValu, Newcastle West, N21. Peter Walsh, CEO of TII, said: 'Working in partnership with ZEVI and the private sector, this scheme is helping us build the kind of infrastructure people can rely on: fast, efficient and accessible.' This announcement follows earlier funding rounds under the ZEVI National Road Network EV Charging Plan, which have already supported the installation of 131 high-power chargers at 17 motorway and dual-carriageway locations. A new scheme, aimed at supporting charging infrastructure on an additional 3,000km of national roads, is also underway, with applications open until the end of June.
Irish Independent
4 days ago
- Automotive
- Irish Independent
Here is where the three new Electric Vehicle Recharging Hubs will be in Kerry
Here in Kerry, the three new hubs will be located at the following locations: An allocation of almost €8 million will be provided to support grants for recharging infrastructure at the selected sites, with chargers set to be in place by the end of this year. These new sites will deliver 175 new fast and ultra-fast recharging points, at 53 locations along the national road network, making it quicker and easier for EV drivers to top up on longer journeys. The announcement is part of a wider plan to build a reliable recharging network across the country, with the distance between recharging hubs to be 60km or less. Minister O'Brien said: 'We're taking real, practical steps to make electric vehicles work for everyone. With more chargers, more choice, and more support, we hope even more people will feel confident making the switch to electric. These high-powered chargers are a key step in that process. We're committed to building a sustainable and cleaner transport system, and that means making it easy to charge wherever you are.' The recharging hubs are funded through the Light Duty Vehicle (LDV) initiative operated by Zero Emission Vehicles Ireland (ZEVI), and delivered by Transport Infrastructure Ireland (TII). This phase of the initiative focused on over 1,200km of national single carriageway roads. Enterprises such as petrol/service station operators, car park owners, hotels, supermarkets/retail outlets, and others with publicly accessible sites, could apply through a competitive grant process for funding. The total allocation for this aspect is €7.9 million. The announcement marks another major milestone under Ireland's National EV Charging Network Plan, which aims to make EV recharging accessible across all parts of the country, from motorways to rural roads, and from cities to small towns. This is part of the wider ZEVI National Road Network EV Charging Plan, which previously awarded grant funding to deliver 131 new high-power recharging points at 17 locations along the motorway/dual-carriageway network. An additional scheme to support recharging infrastructure across another 3,000km of the national road network is also currently underway, with applications closing in June.
Irish Examiner
4 days ago
- Business
- Irish Examiner
Cork to get seven new EV charging stations by the end of the year
Cork is to get seven new electric vehicle (EV) charging stations under new plans announced by the Government on Wednesday. The stations will be along the N20, N22 and N25 and will be located at: Lee's Centra, Charleville Mac's Place Mallow Plaza Dano's Supervalu, Mallow Charleville Park Hotel O'Leary's, Lissarda Centra, Carrigtwohill Centra, Castlemartyr Kerry and Limerick will each see three new EV stations introduced. Kerry's will be at Fairtree Café, Centra at The Rock and Centra in The Reeks, while Limerick's will be at Weev Charging in Templeglantine, Hodkinson's Centra in Patrickswell, and Dooley's SuperValu in Newcastle West. Two new stations will be located in Waterford at Applegreen Lemybrien and Kilmeadan Business Centre. Making the announcement, Transport Minister Daragh O'Brien said the move would result in 'more chargers, more choice and more support,' 'We're taking real, practical steps to make electric vehicles work for everyone. With more chargers, more choices, and more support, we hope even more people will feel confident making the switch to electric," Mr O'Brien said. These high-powered chargers are a key step in that process. "We're committed to building a sustainable and cleaner transport system, and that means making it easy to charge wherever you are.' An allocation of almost €8m will be provided to support grants for recharging infrastructure at the selected sites, with chargers set to be in place by the end of this year. The new sites will deliver 175 new fast and ultra-fast recharging points, at 53 locations along the national road network, making it quicker and easier for EV drivers to top up on longer journeys. The announcement is part of a wider plan to build a reliable recharging network across the country, with the distance between recharging hubs to be 60km or less. None of the 53 new high-power recharging hubs are located in Dublin. Donegal has the most new hubs with seven. The recharging hubs are funded through the Light Duty Vehicle (LDV) initiative operated by Zero Emission Vehicles Ireland (ZEVI), and delivered by Transport Infrastructure Ireland (TII). This phase of the initiative focused on over 1,200km of national single-carriageway roads. Enterprises such as petrol/service station operators, car park owners, hotels, supermarkets/retail outlets, and others with publicly accessible sites, could apply through a competitive grant process for funding. The total allocation for this aspect is €7.9m. Peter Walsh, CEO of TII, said: 'Working in partnership with ZEVI and the private sector, this scheme is helping us build the kind of infrastructure people can rely on: fast, efficient and accessible.' At the weekend, the local authorities in Cork county and Kerry announced plans to team up to plan the delivery of EV charging infrastructure across the southwest. Cork and Kerry County Councils launched a joint public consultation process seeking public input into the potential location and type of EV charging points that need to be installed in both counties over the coming years, in a bid to facilitate the move of more people to EVs. The public consultation for the southwest is open until 4pm on June 30. Read More Funding to electrify Cork rail reaches next EU round
Yahoo
27-05-2025
- Automotive
- Yahoo
Stricter Emission Standards Propel Hybrid and Electric Vehicle Demand
Regulatory shifts towards emissions reduction have catalyzed growth in hybrid and electric vehicles. Technological advancements in ADAS and connectivity are reshaping consumer preferences, fueling the demand for modern LDVs. Significant growth is observed in the SUV segment and markets in North America, Europe, and the emerging Asia-Pacific region. Stay informed on tariff impacts and global shifts affecting the LDV market. Light Duty Vehicle Market Dublin, May 27, 2025 (GLOBE NEWSWIRE) -- The "Light Duty Vehicle - Global Strategic Business Report" has been added to global market for Light Duty Vehicle was valued at US$735.0 Billion in 2024 and is projected to reach US$1 Trillion by 2030, growing at a CAGR of 5.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Light Duty Vehicle market. How Are Light Duty Vehicles Adapting to Changing Market Demands?Light duty vehicles (LDVs), which include passenger cars, SUVs, and light trucks, make up the majority of vehicles on the road and serve various purposes from personal transportation to small-scale commercial use. The market for LDVs is undergoing significant changes as consumer preferences shift toward more fuel-efficient and environmentally friendly options. Increasing regulatory pressure to reduce emissions and improve fuel economy has led automakers to develop hybrid and electric vehicles (EVs), which are gaining popularity among consumers. Additionally, advancements in autonomous driving technology and connectivity features are transforming the LDV landscape, offering drivers enhanced safety, convenience, and driving Innovations Are Driving the Light Duty Vehicle Market?The light duty vehicle market is being shaped by several technological innovations. Electric vehicles (EVs) are at the forefront, with automakers investing heavily in battery technology and charging infrastructure to meet growing demand. Hybrid vehicles, which combine internal combustion engines with electric motors, are also gaining traction as a transitional solution toward full electrification. In addition to electrification, advanced driver-assistance systems (ADAS) are becoming standard features in many LDVs, providing functionalities such as lane-keeping assistance, adaptive cruise control, and automated emergency braking. Connectivity features, including in-car entertainment and over-the-air software updates, are also enhancing the driving experience and contributing to the appeal of modern Do Market Segments Define the Growth of Light Duty Vehicles?Vehicle types include passenger cars, SUVs, and light trucks, with SUVs leading the market due to their versatility and increasing consumer preference for larger vehicles. Fuel types range from gasoline and diesel to hybrid and electric, with hybrid and electric vehicles experiencing rapid growth as environmental concerns drive demand for cleaner alternatives. End-users include individuals for personal use and businesses for commercial applications, with personal vehicles representing the largest market segment. Geographically, regions such as North America and Europe are key markets for LDVs, but the Asia-Pacific region is emerging as a significant growth area due to rising urbanization and disposable Factors Are Driving the Growth in the Light Duty Vehicle Market?The growth in the light duty vehicle market is driven by several factors, including increasing consumer demand for fuel-efficient and electric vehicles, stricter emissions regulations, and advancements in vehicle safety and connectivity features. As governments around the world enforce stricter fuel economy and emissions standards, automakers are accelerating the development of electric and hybrid models to comply with regulations. Consumer preferences are also shifting toward vehicles that offer lower fuel consumption and reduced environmental impact. Additionally, innovations in safety technologies and in-car connectivity are enhancing the driving experience, further fueling demand for modern LDVs that provide both efficiency and advanced ScopeThe report analyzes the Light Duty Vehicle market, presented in terms of units. The analysis covers the key segments outlined Fuel Type (Gasoline, Diesel, Hybrid, Electric) Transmission (Manual, Automatic) End-Use (Passenger Cars, Sports Utility Vehicles, Vans, Pickup Trucks) Key Insights: Market Growth: Understand the significant growth trajectory of the Gasoline segment, which is expected to reach US$385.8 Billion by 2030 with a CAGR of a 5.4%. The Diesel segment is also set to grow at 5.4% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $195.5 Billion in 2024, and China, forecasted to grow at an impressive 9.1% CAGR to reach $224.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as BMW, Diamler AG, Fiat Chrysler Automobiles, Ford Motor Company, Fuji Heavy Industries and more. Tariff Impact Analysis: Key Insights for 2025Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities. Key Attributes: Report Attribute Details No. of Pages 83 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $735 Billion Forecasted Market Value (USD) by 2030 $1000 Billion Compound Annual Growth Rate 5.6% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Tariff Impact on Global Supply Chain Patterns Global Economic Update Light Duty Vehicle - Global Key Competitors Percentage Market Share in 2024 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E) MARKET TRENDS & DRIVERS Rising Demand for Fuel-Efficient and Eco-Friendly Vehicles Spurs Growth in Light Duty Vehicle Market Technological Advancements in Lightweight Materials Strengthen Business Case for Adoption Growing Focus on Reducing Vehicle Emissions Expands Market for Light Duty Vehicles Increasing Adoption of Electric and Hybrid Light Duty Vehicles Fuels Market Growth Expansion of Autonomous Driving Technologies Drives Demand for Light Duty Vehicles Rising Consumer Preference for Compact SUVs and Crossovers Expands Market Potential Technological Innovations in Engine Efficiency and Aerodynamics Propel Market Expansion Growing Use of Light Duty Vehicles in Urban Mobility and Last-Mile Delivery Expands Market Opportunities Expansion of Light Duty Vehicles in Ride-Hailing and Car-Sharing Services Fuels Market Growth Rising Consumer Interest in Advanced Driver Assistance Systems (ADAS) Expands Market Potential Technological Advancements in Alternative Fuel Vehicles Propel Market for Light Duty Vehicles FOCUS ON SELECT PLAYERSSome of the 22 companies featured in this Light Duty Vehicle market report include: BMW Diamler AG Fiat Chrysler Automobiles Ford Motor Company Fuji Heavy Industries General Motors Honda Motor Hyundai Motors Nissan Motor Corporation Toyota Motor Corporation For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Light Duty Vehicle Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
