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Automotive performance parts are components designed to enhance a vehicle's power, handling and overall driving experience. These parts can range from engine upgrades to suspension modifications, each contributing to improved performance metrics such as acceleration, braking and cornering.

Electric vehicle (EV) plastics are materials engineered and manufactured specifically for use in electric vehicles, providing lightweight, durable and flexible solutions that enhance the performance, efficiency and aesthetic of EVs. These plastics play a central role in reducing vehicle weight, which is critical for extending battery life and maximizing the range of electric vehicles.

Fuel cards, also known as fleet cards, are payment cards specifically designed to facilitate the purchase of fuel and other vehicle-related services for businesses that operate fleets of vehicles.

Global Electric Commercial Vehicle and Off-Road Vehicle DC-DC Converter Market - Growth Trends

The global electric commercial vehicle (ECV) market is a part of the global automotive parts and equipment market. The global automotive parts and equipment market was valued at $3,246.34 billion in 2021 and reached $3,407.01 billion in 2023. The global automotive parts and equipment market witnessed an incremental growth of $160.7 billion and registered a CAGR of 2.4% from 2021 to 2023.

An automotive heating, ventilation, and air conditioning (HVAC) compressor is a crucial component in a vehicles air conditioning system. It is responsible for compressing the refrigerant gas and circulating it through the system. The compressor increases the pressure and temperature of the refrigerant, transforming it from a low-pressure gas to a high-pressure gas. This process allows the refrigerant to release heat when it passes through the condenser, cooling the air that eventually enters the vehicles cabin.