Electric steering systems—such as Electric Power Steering (EPS) and Steer-by-Wire (SbW)—are now common across passenger cars, light commercial vehicles, and even heavy trucks. They rely on an electric motor to assist steering input, eliminating the need for an engine-driven hydraulic pump, thereby improving fuel efficiency and reducing CO₂ emissions. The market is driven by the...

Strong Electric Van Market Growth is being fueled by rising demand for sustainable delivery fleets, tightening emissions regulations, and expanding EV infrastructure. Businesses are shifting to electric vans to reduce operating costs and carbon footprint. Improvements in battery range and charging scalability are facilitating adoption. As consumer expectations for fast delivery rise and...