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Video: Nissan and BMW to Open EV Charging Stations, Innovation Drives Revenue Growth in Auto Display Systems and more!

05 January 2016

Nissan and BMW to Open EV Charging Stations

In an effort to build out the U.S. electric vehicle refueling infrastructure, Nissan and BMW say they are opening fast-charging stations at 120 locations across 19 states. The locations will offer a dual-port 50 kilowatt fast-charging station with two different types of connectors. The stations will be able to serve owners of the Nissan LEAF and the BMW i3, plus other EV drivers whose vehicles are equipped with quick-charge ports that meet the two standards. According to the companies, the 50 kilowatt stations can charge EVs to 80 percent capacity in about 20-30 minutes. The quick chargers are being installed at corporate workplaces, dealerships and other locations.

Drought Proves Costly to California Infrastructure

Four years of drought and reliance on pumping of groundwater have made the land sink faster than ever up and down California’s Central Valley, requiring repairs to infrastructure that experts say may cost billions of dollars. This land subsidence — more than one foot a year in some places — is not expected to stop anytime soon. Hydro-geologists say that careful monitoring is necessary to detect and address sinking before it can do major damage to costly infrastructure such as bridges and pipelines. A sparse mountain snowpack in California's driest four-year span on record has forced farmers in the Central Valley, the nation's most productive agricultural region, to rely on groundwater to irrigate their crops. Drought has spawned a well-drilling boom with some tapping aquifers 3,000 feet down.

Innovation Drives Revenue Growth in Auto Display Systems

Driven by continued innovation in vehicle connectivity and safety technologies, global revenue from automotive display systems will grow at a compound annual growth rate of more than 11 percent to $18.6 billion by the end of 2021. This will add nearly $9 billion in annual revenue compared to 2015, according to IHS. Data from the Automotive Display Systems Forecasts from IHS represents production of instrument cluster systems, head-up display systems and center stack display systems as full automotive modules, not just display panels. Center stack display systems are expected to account for half of the overall revenue growth, while head-up display systems will boast the strongest revenue CAGR at nearly 21 percent from 2015.

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