UTV (Utility Task Vehicles) Market Size, Share, Growth Analysis, By Vehicle Type(Sports UTVs, Load Carrier UTVs and Multipurpose UTVs), By Fuel Type(Gasoline, Diesel), By Engine Capacity(less than 400 cc, 400-800 cc) - Industry Forecast 2024-2031

In March 2024, Stellantis introduces MyTasks, a pioneering tool designed for fleet managers. This innovative solution enables real-time communication, task assignment, and status updates with drivers directly through the vehicle’s built-in infotainment unit. MyTasks offers advantages for both drivers and fleet managers. Drivers can stay focused on the road without the need to handle a mobile phone, minimizing distractions. Meanwhile, managers can improve efficiency and safety without requiring aftermarket accessories.

In January 2024, IEA-PVPS unveiled a groundbreaking tool tailored for the evaluation of Building-Integrated Photovoltaics (BIPV). As the BIPV market continues to advance, there arises a need for a comprehensive evaluation method. Developed by IEA-PVPS Task 15, this cross-sectional evaluation tool is specifically designed for architects, developers, and other stakeholders engaged in BIPV projects. By systematically addressing economic, energy-related, environmental, and visual performance aspects, this methodology offers a reliable framework for comparing and optimizing BIPV installations.

In January 2024, KV Capital’s Private Equity team announced the acquisition of UTV Canada Inc. (UTV Canada), a leading distributor and retailer of all-terrain vehicles (ATVs) and utility task vehicles (UTVs) parts and accessories in Canada. This acquisition will result in the merger of UTV Canada with Mountain Sports Distribution (MSD), a full-service powersports distributor that became part of the KV Capital Fund II portfolio in 2023.

In May 2023, Capgemini and IBM Ecosystem announced a deepening of their partnership to enhance Drone-as-a-Service offerings.