/PRNewswire/ The "Automotive Fasteners - Global Strategic Business Report" report has been added to ResearchAndMarkets.com s offering. Global Automotive.
Automotive Fasteners Market Automotive Fasteners Market Dublin, Jan. 08, 2024 (GLOBE NEWSWIRE) The "Automotive Fasteners - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.Global Automotive Fasteners Market to Reach $24.4 Billion by 2030The global market for Automotive Fasteners estimated at US$17.6 Billion in the year 2022, is projected to reach a revised size of US$24.4 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.
The government should adopt a more comprehensive policy to encourage electric vehicle (EV) manufacturers to make Malaysia an automated hub, say automakers. "I have to say that battery prices are high, and about 40% of the cost of EVs comes from the battery. Coupled with the impact of high raw material costs, I think we should take a longer-term view on this sector," Bermaz Auto Bhd group chief executive officer (CEO) and executive director Datuk Francis Lee Kok Chuan said at a virtual webinar of the "RAM Insight Series: The Malaysian Automotive Sector Is the Worst Over and Where Do We Go From Here?" on Wednesday (June 15).
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