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GPU market projected to reach $441.76B

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The Greenlight: Have You Also Been Disappointed with The First VinFast Electric SUVs?

Car Parts: Bits and pieces of all that you need to know about recent automotive news!

Dashboard: The Value of USD 441.76 Billion, is Projected to be reached by the Automotive Graphic Processor Unit- GPU

Around the Car: AUTO RACING: Verstappen Wins Again


GreenLight!

Have You Also Been Disappointed with The First VinFast Electric SUVs? 45 customers in California just purchased the first U.S.-bound VF 8 electric SUV.


After months of prepping and certification of the 999 examples of VF that were launched in November of last year, the VF 8 models are now officially on sale, yet has let down many of our expectations…

Apparently, the vehicle’s EPA driving range is lower than what has been expected. Besides, the latest changes applied to the price of the VF 8 sport-ute led to doubts as to whether the Vietnamese automaker has overpromised on several occasions.

The VinFast VF8 City Edition Eco boasts 348 horsepower, all-wheel-drive, according to VinFast, and has 207 miles of driving range. When it comes to pricing, after a customer completes a down payment of $5,174, the vehicle will be available as part of a two-year lease for $399 per month. Keep in mind, however, that almost every EV sold in the U.S. has better than 207 miles of range, including many vehicles that cost thousands less than the VF 8.

On the other hand, VF 8 City Edition, is equipped a bit more generously, with higher standard features including a panoramic sunroof, and 20-inch alloy wheels, in addition to bumps powering to 402 hp. The City Edition of V8 is offered with a two-year lease, after paying an amount of $5,413 at signing, which goes hand-in-hand with a monthly payment of $599.V8 in action

Car Parts!

1- Are Prices of Used Vehicles Going above The Price of New Ones?’After prices of used vehicles went down 7% from booming levels a year earlier, this year used vehicle prices increased 4.3% in February and January, recording the highest increase between two months only, since 2009- according to Cox Automotive on Tuesday.

2- ‘Nissan’s ‘Try Hard’ to Boot Profitability in the past years, has been Blown by a “Try Harder” S&P Global Ratings’-After Nissan’s struggle to regain its reputation and sales rates following Carlos Ghosn’s arrest, S&P Global Ratings Agency has projected on Nissan the selling of 3.6-3.7 million cars in the ongoing yearwhich means the company will fall short of 5.4 million that is set to be targeted in Nissan’s long-term business strategy.

3- ‘The Best Argument yet for Hybrids? Toyota’s New Prius! More environmentally-friendly, and much less expensive, hybrids are the new answer to your question, with prices starting at just $27,000.

4- ‘An Important UK Motorsport Industry, is yet to Face Gripping Changes’ –The Avon car brand is set to vanish from motorsport as of the end of this year.

5- ‘We Know You’ve Been Wondering About the Explosive Growth in Electric Cars in NY Area. Here are the reasons why! A variety of models, more charging stations, and lower prices of ECs. Why is this happening?

6- ‘Lamborghini’s LB744 Specs Revealed’ – Your awaited Aventador successor gets a dual-clutch, and an eight-speed automatic gearbox.

7- ‘Here are the 2023 Honda City- Top Five Highlights’ Features of the 2023 Honda City, engine specifications, colors, safety, and much more, click on the link to know all about it.

8- ‘ Hyundai Verna’s 2023 Test Ended In a Crash’- During the test of the 2023 Hyundai Verna Test Mule, the car crashes into a bus, causing damage to the front section of the car


Dashboard

The Value of USD 441.76 Billion, is Projected to be reached by the Automotive Graphic Processor Unit-GP

The Virtue Market Research published a recent report, valuing the Global Automotive Graphic Processor Unit (GPU) market at USD 44.58 Billion in 2022. GPU is also projected to reach USD 441.76 Billion by 2030.

Now you are asking yourself- okay, but what happens until then (2030)?

StreetDrift is here to tell you that over the seven-year period between 2023-2030, the market is estimated to grow at a CAGR of 33.2%, owing to the increasing demand for autonomous vehicles, that are also equipped with evolving developments in smart technology-based domains which include- Artificial Intelligence, Augmented Reality (AR), Virtual Reality, and Internet Things (IoT).


Around The Car!

AUTO RACING: Verstappen Wins Again

William Byron wins the last race, grabbing the lead just when the clock stroke overtime, in Las Vegas. Leading William to a 1-2-3 finish for Hendrick Motorsport.

Byron also edged both Kyle Larson and Alex Bowman- Hendricks teammates by leading 176 and 271 laps.

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