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NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global electric vehicle supply equipment (EVSE) market size is estimated to grow by USD 92.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.8% during the forecast period. Favorable government policies and subsidies is driving market growth, with a trend towards deployment of smart grids for EVS. However, lack of standardization of ev charging poses a challenge. Key market players include ABB Ltd., Alfen NV, Blink Charging Co., BP Plc, ChargePoint Holdings Inc., Chroma ATE Inc., Comeca Group, Delta Electronics Inc., Eaton Corp. Plc, Efacec Power Solutions SGPS SA, Enphase Energy Inc., E.ON SE, Leviton Manufacturing Co. Inc., LS Power Development LLC, Phihong USA Corp., Schneider Electric SE, Shell plc, Siemens AG, Webasto SE, and ZF Friedrichshafen AG. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Electric Vehicle Supply Equipment (Evse) Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 30.8% Market growth 2024-2028 USD 92309 million Market structure Fragmented YoY growth 2022-2023 (%) 29.01 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution APAC at 46% Key countries China, US, France, Germany, and The Netherlands Key companies profiled ABB Ltd., Alfen NV, Blink Charging Co., BP Plc, ChargePoint Holdings Inc., Chroma ATE Inc., Comeca Group, Delta Electronics Inc., Eaton Corp. Plc, Efacec Power Solutions SGPS SA, Enphase Energy Inc., E.ON SE, Leviton Manufacturing Co. Inc., LS Power Development LLC, Phihong USA Corp., Schneider Electric SE, Shell plc, Siemens AG, Webasto SE, and ZF Friedrichshafen AG Market Driver The Electric Vehicle Supply Equipment (EVSE) market is experiencing significant growth as the shift towards electric vehicles (EVs) continues. Charging stations and docks are essential for EVs, requiring electrical conductors and related equipment to transfer electric power to the vehicle's batteries. EVSE systems adhere to various communications protocols, such as DC Fast Chargers, and are used by major stakeholders like auto manufacturers, electric utilities, commercial fleets, public transit, retail establishments, seaports, airports, bus depots, hotels, parks, highways, corporate offices, homes, and more. NEMA Members are involved in the development of codes, rating systems, and standards for EVSE infrastructure. Contractors and installers require training programs to ensure proper installation. Incentives like tax benefits and subsidies encourage EV adoption. IEA reports show electric car sales increasing, with passenger car sales from automobile manufacturers being impacted by the shutdown of operations due to liquidity issues and carbon emission concerns. Smart cities aim to reduce reliance on non-renewable sources like crude oil and CO2 emission, leading to the growth of the EVSE market. Charging station finance, types like normal charging, supercharging, and inductive charging, and installation types like fixed chargers and portable chargers, are key areas of focus. The novel coronavirus pandemic has affected import-export and the workforce, leading to a supply-demand gap. Future estimations indicate investment pockets in EVSE market, especially in charging infrastructure development. The Electric Vehicle Supply Equipment (EVSE) market is witnessing significant growth due to the increasing adoption of electric vehicles (EVs) and the deployment of advanced charging infrastructure, specifically smart grids. Smart grids enable real-time communication between EV charging stations and the power grid, providing crucial information on load requirements and power quality. This data supports the integration of variable generation technologies and serves as a foundation for Vehicle-to-Grid (V2G) infrastructure, which includes grid applications like smart energy meters, SCADA systems, IT, and communication networks. The implementation of smart grids is expanding rapidly in countries such as China , the US, India , Spain , Germany , and France . For instance, in August 2021 , Singapore Power initiated a V2G pilot project to explore the potential of EVs as small energy storage systems, addressing renewable energy's intermittency. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This electric vehicle supply equipment (evse) market report extensively covers market segmentation by 1.1 Level 2- Level 2 charging refers to the electric vehicle supply equipment that delivers power at a higher voltage (240 volts, AC) and amperage than a standard household power outlet. This infrastructure caters to both residential and commercial applications, providing a convenient and reliable charging solution for electric vehicle owners. Level 2 charging stations are commonly found in parking garages, workplaces, public locations like shopping centers, universities, and hotels. These charging stations offer faster and more efficient charging, enabling EV owners to charge their vehicles while they park, work, or engage in daily activities. Companies and parking garage operators recognize the growing demand for EV charging and are installing level 2 charging stations to accommodate their customers and employees. Homeowners can also install level 2 charging stations in their garages or driveways for a convenient and fast charging solution. The increasing popularity of level 2 charging infrastructure is expected to fuel the growth of the level 2 segment in the global electric vehicle supply equipment market. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Electric Vehicle Supply Equipment (EVSE) market refers to the infrastructure required to charge electric vehicles (EVs), including charging stations, charging docks, and related equipment. These systems facilitate the transfer of electric power from the grid to the vehicle's batteries. EVSE systems consist of electrical conductors and other necessary components. EVSE is essential for various sectors such as Bus depots, Hotels, Parks, Highways, Corporate offices, Homes, and more. Batteries are an integral part of the EV ecosystem, and EVSE plays a crucial role in their charging. Governments and organizations offer incentives like tax benefits to promote the adoption of EVs and EVSE. EVSE includes different charging technologies like Supercharging, Inductive charging, Fixed chargers, and Portable chargers. The EVSE market has been impacted by the Novel Coronavirus pandemic, with import-export and non-essential items facing disruptions. The workforce involved in EVSE manufacturing and installation has also been affected. Market Research Overview The Electric Vehicle Supply Equipment (EVSE) market refers to the infrastructure required to charge electric vehicles (EVs), including charging stations, charging docks, and related equipment. EVSE systems utilize electrical conductors and communications protocols to transfer electric power from the grid to the vehicle's batteries. DC Fast Chargers are a popular type of EVSE, providing quick charging solutions for long-distance travel. NEMA Members and major stakeholders, such as auto manufacturers, electric utilities, commercial fleets, public transit, retail establishments, seaports, airports, bus depots, hotels, parks, highways, corporate offices, homes, and batteries, are major players in the EVSE infrastructure development. Incentives like tax benefits, subsidies, and codes and rating systems are crucial for the growth of the EVSE market. EVSE standards and training programs for contractors and installers ensure safe and efficient installation and maintenance. Major challenges include the supply-demand gap, liquidity issues, and the shift from ICE vehicles to EVs. The COVID-19 pandemic has impacted the EVSE market, affecting import-export and non-essential items. The future of the EVSE market depends on the continued growth of electric car sales, the transition away from non-renewable sources like crude oil, and the development of smart cities. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/electric-vehicle-supply-equipment-evse-market-to-grow-by-usd-92-31-billion-from-2024-2028--driven-by-favorable-government-policies-and-ai-powered-market-evolution---technavio-302322433.html SOURCE Technaviohttps www winph99 com m home

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Donald Trump’s election interference and classified documents cases dismissedPresident Bola Tinubu has appealed to a Brazilian firm and one of the world’s leading meat processing companies, JBS S.A, to invest in the country’s $2.5bn livestock sector, assuring the company of a good return on their investment. Speaking at the signing of a Letter of Intent between the Nigerian Government and the JBS S.A in Rio de Janeiro, Brazil, on Thursday, Tinubu said his administration was focused on driving both international and local investments into the sector to resolve the prevalence of farmer-herder crisis. He described the partnership as a significant step towards eradicating hunger, reducing poverty, and fostering economic prosperity in the country. This was disclosed in a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Friday. In recent years, Nigeria has witnessed escalating conflicts between nomadic herders and sedentary farmers, particularly in the Middle Belt region. These clashes, primarily driven by competition over land and water resources, have resulted in significant loss of life and displacement. For instance, in 2018, approximately 2,000 fatalities were recorded due to such conflicts, according to the Africa Centre. Additionally, incidents such as the 2023 Mangu violence in Plateau State led to over 100 deaths and displaced thousands of residents. Since the previous administration, the government’s move to implement various measures, including establishing grazing reserves and promoting ranching, has suffered from inadequate infrastructure and resistance from some communities, with pundits calling for a comprehensive policy framework that balances the interests of both farmers and herders. Related News HOSTCOM urges Tinubu to ignore calls for NUPRC boss suspension Tinubu eyes livestock sector reform, investment to curb farmer-herder clashes UPDATED: Senate approves Tinubu’s $2.2bn loan request However, Tinubu argued that Thursday’s agreement in Brazil would work, saying the Federal Government believed in the company’s existing reputation. The President called on the company to see the considerable potential in what he called Nigeria’s $2.5bn livestock investment, especially with its vast population and tap into it, given JBS S.A’s globally recognised expertise in guaranteeing food security. He said, “We’ve heard so much about you regarding the reputation, and we believe in the partnership we are forging today. “Food security is extremely important. As we talk right now, there is hunger. However, there is huge hope. And you are one of those hopes that we are looking at.” Before he visited Brazil, the President had commissioned a team of Nigerian officials and private sector players to take advantage of the G20 Leaders’ Summit in Rio to conduct a study tour of Sao Paulo, Brazil and explore the opportunities in livestock development, meat processing, seed development and multiplication for key grains. In his remarks, the Minister of Livestock Development, Idi Mahia, who led the delegation, reported to the President that the team embarked on guided, extended and intensive tours of companies on the scale of their global reach, the integrated nature of their operations as well as the deployment of advanced technology. The company employs over 200,000 people across its subsidiaries in more than 50 countries in the world, including the United States, Canada, Mexico, and Saudi Arabia, among others. Meanwhile, the founder and President of the JBS group, Wesley Batista, said the company remained the largest employer of labour in Brazil with over $79bn in revenue already in 2024.

LEDUC, Alta. - Alberta’s police watchdog says an RCMP officer is facing sexual assault charges stemming from a hotel room party two years ago. The Alberta Serious Incident Response Team says its investigation into the Leduc-based Mountie revealed evidence that gives reason to believe sexual assault offences happened and that the officer should be charged. It says they allegedly took place in an Airdrie hotel room while a group of people socialized in the early morning hours of Dec. 3, 2022. Const. Bridget Morla is charged with two counts of sexual assault. She has been released on the condition that she appear in court next week. The police watchdog says no further information would be released as the matter is before the courts. This report by The Canadian Press was first published Dec. 2, 2024.

Bruce Cassidy became the eighth active coach in the NHL to hit the 400-win mark on Thursday when his Pacific Division-leading Vegas Golden Knights held on for a 3-2 victory at Ottawa on Thursday. But the Ottawa native had little time to celebrate. The Golden Knights jumped on a train for Montreal shortly after the contest and will continue a season-long five-game road trip against the resurgent Canadiens on Saturday night. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. The aging of the Baby Boomer generation (those born between 1946 and 1964) has significantly increased the share of the U.S. population aged 55+ during the past decade: from 24.9% in 2010, to 30.2% in 2023. And a growing number of these Americans are opting to age in place or downsize—creati... Click for more. American Cities With the Oldest HomebuyersNone

Kerala CM accuses Centre of vindictive attitude on landslide-hit WayanadCV Sciences, Inc. CVSI a hemp-focused wellness company announced on Thursday it's acquiring Extract Labs, Inc., a manufacturer and distributor of premium cannabinoid products including gummies, topicals and tinctures. What Happened The company noted that it has entered into a definitive agreement to purchase Extract Labs for the following considerations: cash payment of $400,000, less the amount of certain holdbacks and adjustments; and the issuance of shares of CV Sciences’ common stock valued at $1 million based on the sixty-day volume weighted average price of CV Sciences’ common stock. Additionally, under the deal, Extract Labs sellers will be eligible to receive up to $600,000 of additional shares of CV Sciences’ common stock if Extract Labs satisfies certain revenue targets during the first year following the closing date. Read Also: CV Sciences Q3: Revenue Stable Amid New Launches, Financing Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here . If you're serious about the business, you can't afford to miss out. Why It Matters Extract Labs' branded products are sold through a range of sales channels from business-to-business (B2B) to business-to-consumer (B2C). Moreover, Extract Labs, which is GMP-certified and FDA-registered, has operational flexibility that allows for low to large minimum order quantity production runs, making the use of capital and the ability to increase speed to market for new product development more efficient. CV Sciences says it expects the transaction will create the opportunity to increase its sales to current and new clients. "The acquisition synergies are expected to increase our revenue and customer base, allow us to leverage our key assets, optimize operations and processes, and drive long-term growth and shareholder value," said CEO Joseph Dowling . "Extract Labs is a stand-alone profitable business and our plan is to increase its existing revenue base and further leverage its existing capacity." What's Next The acquisition is expected to close during the first quarter of 2025, subject to customary conditions precedent. The company also plans to in-source production of certain of its key products. "We are planning to in-source the manufacturing of select +PlusCBD branded products providing an opportunity for meaningful cost savings. Extract Labs manufacturing capability will provide us with greater control over our supply chain and accelerate our new product development cycle,” Dowling said. CVSI Price Action CV Sciences' shares traded 9.09% lower at $0.04 per share after the market close on Thursday afternoon. Read Next: Hemp-Focused CV Sciences Reports Flat Revenue And Over 8% YoY Increase In Gross Profit In Q2 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Starmer warns Trump: Britain will not side with US against EUSenior Living Brand Wins Gold for Innovative Fall Prevention Technology Partnership with SafelyYou, Among Other Accolades WESTPORT, Conn. , Nov. 25, 2024 /PRNewswire/ -- Maplewood Senior Living, a leading provider of senior living with communities across the Northeast and Midwest, has been honored with two prestigious awards: the 2024 Merit Award for Healthcare in the Best Elderly Care Technology Solution category, and a spot on GlobeSt.'s Influencers in Healthcare Real Estate list. These accolades underscore Maplewood's continued commitment to enhancing resident life through cutting-edge technology and personalized, holistic care. Innovative Fall Prevention Technology Maplewood's groundbreaking partnership with SafelyYou, a leader in fall prevention technology, earned the company the Gold Merit Award in their HealthTech, Best Elderly Care Technology Solution category. This collaboration has revolutionized resident care by implementing advanced AI-powered fall detection technology that promptly notifies care staff, ensuring immediate assistance for residents in need. The SafelyYou technology has been successfully deployed in three Ohio communities, achieving an impressive reduction in staff response time to just 90 seconds. Given its success, Maplewood is expanding the technology across the company. Recognition as a Healthcare Real Estate Influencer Maplewood Senior Living was also named one of GlobeSt.'s Influencers in Healthcare Real Estate, acknowledging Maplewood and its dedicated staff as a top organization and leading professionals transforming the healthcare real estate sector, empowering residents to live active, engaged, and healthy lives. Commitment to Excellence These awards add to Maplewood's growing list of 2024 accolades, which includes: "We are deeply honored to receive these prestigious awards," says Shane Herlet , Co-CEO of Maplewood Senior Living. "These accolades are a testament to our commitment to redefining senior living through personalized care, innovative programming, and unwavering dedication to our residents' well-being. We look forward to continuing to elevate the standards for senior living by providing exceptional service, care, and amenities that allow our residents to live their best lives." To learn more, visit www.maplewoodseniorliving.com About Maplewood Senior Living Maplewood Senior Living is known for its upscale senior living residences, offering a broad range of premier services, amenities and care to its residents. Based in Westport, CT , Maplewood Senior Living operates 16 senior living communities in Connecticut , Massachusetts , New Jersey , New York and Ohio . There is an Upper East Side location in Manhattan, NY , within the company's newest brand, Inspīr. This new, senior living offering was launched to provide a luxurious option for seniors looking to join a residential community in major metropolitan areas. A second Inspīr location is under development in Washington D.C.'s vibrant Dupont Circle neighborhood. For more information, please call 203-557-4777 or visit http://www.maplewoodseniorliving.com . About SafelyYou Originating in 2015 as the doctoral research of CEO George Netscher—and inspired by his own family's experience with Alzheimer's disease—SafelyYou was spun out of UC Berkeley's Artificial Intelligence Research Lab, one of the top five AI research groups in the world. The company began by addressing the crucial issue of resident falls in senior living with SafelyYou RespondTM, consistently achieving remarkable results for communities, reducing falls by 40% and fall-related ER visits by 80%. Now, SafelyYou also solves senior living's staffing dilemma with SafelyYou ClarityTM, offering an industry-first for automatic and accurate care tracking and empowering operators to align labor to residents' needs, improving both operations and quality of care. All of this is done as part of SafelyYou's passionate mission, which is to empower safer, more person-centered care across senior living through world-leading AI, industry-changing sensors, and remote expert clinicians. SafelyYou is used by assisted living communities and skilled nursing facilities in 34 states across the country—from the largest national organizations to regional and local ones, too. SafelyYou is one of five most innovative fall technologies referenced in the Senate Falls Report (2019), a winner of the McKnight's Tech Partner of the Year award, and has been named to Fortune's Impact 20 list. For more on SafelyYou, visit: https://safely-you.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/maplewood-senior-living-adds-to-2024-trophy-case-with-honors-from-merit-awards-and-globest-302315728.html SOURCE Maplewood Senior Living

Anyone who drives at night has likely been momentarily dazed by the glare of an oncoming vehicle's headlights. There is, not surprisingly, a robust Reddit forum called dedicated to the issue, populated with driver's-view images. At the , Nate Rogers takes a deep dive into the issue. In one sense, the story is a simple one: The problem of road glare can be traced to the advent of "vastly more powerful" LED headlights, writes Rogers. Federal highway rules regulating headlights haven't been updated since 1986, roughly 20 years LED headlights started replacing those of the sepia-toned halogen variety. Bottom line: Headlight brightness has about doubled over the last decade, according to stats from the Insurance Institute for Highway Safety. In short, "a zap of light causing you to grimace behind the wheel suddenly went from a rarity to a routine occurrence," writes Rogers. So just update the regulations, and end of story? It's not quite that simple, given the difficulty of that glare causes accidents, as well as myriad factors at play including proper headlight alignment, which some say is a bigger factor than the lights themselves. And there's this: "The most compelling argument I heard in defense of brighter lights is that, while glare is clearly a hazard, it may not be as much of a hazard as limited vision on the road," writes Rogers. In other words, that annoying glare might prevent more accidents than it causes. (Read the , which takes note of a new "adaptive driving beam" technology that automakers say can mitigate the issue, and includes an interview with Ray Magliozzi of fame.)

Babcock & Wilcox Announces Leadership Appointments

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