U.S. FLEXFUEL CARS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Name: U.S. Flexfuel Cars Market News
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: U.S. Flexfuel Cars Market, U.S. Flexfuel Cars Market Size, U.S. Flexfuel Cars Market Share, U.S. Flexfuel Cars Market Analysis, U.S. Flexfuel Cars Market Trends, U.S. Flexfuel Cars Market Report, U.S. Flexfuel Cars Market Research, U.S. Flexfuel Cars Industry, U.S. Flexfuel Cars Industry Report

U.S. Flexfuel Cars Market, By Fuel Type (E85, E15, E70, E10, and Others), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Others), By Technology (Flex Fuel Injection System, Flex Fuel Heating System, and Others), By Sales Channel (OEM and Aftermarket).

Published In : Feb 2024
Code : CMI6392
Pages :160
Formats :
Excel and PDF
Industry : Automotive and Transportation

Market News

Recent Developments

New product launches

In 2022, Toyota (a Japanese multinational automotive manufacturer) launched the Corolla Cross SUV with a flex-fuel engine in Brazil, marking the first flex-fuel variant of the model. It is expected to attract customers looking for ethanol-powered vehicles.
In 2022, Volkswagen (a German automobile manufacturer) launched the Polo and Virtus sedan models with flex-fuel engines in Brazil. The launch aligns with Volkswagen's aim to have over 70% of its vehicles in Brazil equipped with flex-fuel engines by 2023.
In 2021, Ford (The Company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand.) launched its 2021 F-150 pickup truck series with a flex-fuel capability by allowing it to run on gasoline and ethanol blends up to E85. This helped expand Ford's flex-fuel offerings in the popular F-150 lineup.

Acquisition and partnerships

In 2022, Mercedes-Benz (offers a range of luxury car models in India, including sedans, SUVs, and more) acquired a minority stake in Flex Fuel Energy Development to help install flex-fuel pumps across Brazil. This supports Mercedes' plans to expand flex-fuel offerings in Brazil.
In 2022, GM Brazil and Cosan (a Brazilian conglomerate producer of bioethanol, sugar and energy) announced a partnership to install over 100 ethanol hydration units at GM dealerships in Brazil. This will expand access to ethanol fuel for GM's flex-fuel vehicle customers.