What is Fuel Monitoring System?
All the transport and logistics corporations have the common goal of minimizing costs with maximizing efficiency.
A fuel monitoring system is a solution that works with help of a fuel sensor which is mounted in the vehicle’s fuel tank.
Unfortunately fuel theft is very common in transport and logistics businesses.
To find out how fuel monitoring system can help your business, read further.
By investing in fuel monitoring systems, you can experience the difference in a month’s time.
PUNE, India, July 3, 2019 /PRNewswire/ -- ReportsnReports added new research report Global and China Electric Vehicle (BEV, PHEV) Industry Report, 2019-2025 at its online research database.
As per current cost, the market will be at a tipping point in 2022 when a battery electric vehicle will have almost the same cost as a fuel vehicle, which means electric vehicle can be selected on an equal footing, and when Electric Vehicles Market will see an expanding share of the automotive market.
In 2018, 2 million electric vehicles were sold worldwide, and the sales figure will surge to 4 million units in 2020, 12 million units in 2025 and 21 million units in 2030 with the cuts in production costs.
Policies will serve as a stimulus for the electric vehicle industry in a long period of time, and the fuel economy and emission standards of the world's major automotive markets have been finalized.
Up to date, China's electric vehicle industry has passed through incubation, and the Chinese government is downsizing subsidies for EV purchase and will completely terminate the subsidy in 2020.
The demand may be somewhat suppressed in the next two years, but then it will resume strong growth with the advent of the era of economical electric vehicles.