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Artificial intelligence is no longer a futuristic concept in the automotive industry its the core enabler of transformation. tariffs, force car manufacturers to rethink their valuechains, AI offers a powerful impetus to enhance efficiency , reduce costs , and future-proof operations. Read on to learn more.
The Australian automotive aftermarket, now in a mature phase, is on a trajectory for significant growth through 2030. The increase in total vehicles in operation (VIOs), coupled with the increasing proportion of aging vehicles, is set to generate robust demand for automotive parts and services. from 2023 to 2030. from 2023 to 2030.
The Bharat Mobility Global Expo 2025, held from January 17 to January 22, 2025, in New Delhi , marked a pivotal moment for Indias automotive industry, reinforcing the countrys commitment to electrification, sustainable mobility, and smart vehicle technologies. Is your company prepared to survive and thrive through the coming transformation?
A variety of industries — automotive, healthcare, food and beverages, and beyond — are leveraging innovative eco-friendly manufacturing solutions by harnessing sustainable materials.
Highlights of flagship automotive aftermarket trade event include more than 500 exhibitors, 1000 brands,1500 product categories, and strong domestic, regional, and international representation amidst focus on mobility ecosystem development and growth acceleration. lakh registered visitors.
The Committee is seeking written submissions providing recommendations relating to any or all of the below inquiry terms of reference by Friday, 22 March 2024. The post House Committee launches inquiry into future of EV battery manufacturing appeared first on Manufacturers' Monthly.
Photo courtesy: Portalhaus | Messe Frankfurt Exhibition GmbH/Petra Welzel Automechanika Frankfurt 2024 , the leading global trade fair for the automotive aftermarket, lived up to its theme of “Driving Transformation.”
Photo courtesy: Portalhaus | Messe Frankfurt Exhibition GmbH/Petra Welzel Automechanika Frankfurt 2024 , the leading global trade fair for the automotive aftermarket, lived up to its theme of “Driving Transformation.”
“By teaming with Mujin, a leader in robotics technology, Accenture will be able to help our clients take advantage of AI and robotics to connect data throughout the manufacturing and logistics valuechain, further contributing to the data-driven transformation of Japan’s important manufacturing and logistics industries.” .
The offering is expected to close on or by September 19, 2024, subject to the satisfaction of customary closing conditions. We also want to strengthen REE’s integration into the automotive ecosystem by delivering unparalleled customer support across the valuechain. About REE Automotive REE Automotive Ltd.
San Antonio, TX — October 9, 2024 — Frost & Sullivan recently researched the intelligent automation industry and, based on its findings, recognizes Bosch with the Technology Innovation Leadership Award. This platform also allows Bosch to offer flexible and comprehensive solutions customized to unique client specifications.
The 7th edition of Industrial Transformation ASIA-PACIFIC (ITAP) – a HANNOVER MESSE event, organised by Constellar with international partner Deutsche Messe, will take place from 14-16 October 2024 at Singapore EXPO.
Data security and privacy remain major concerns as automakers move to embrace ChatGPT across the automotivevaluechain. Generative AI-powered Large Language Models (LLM), most prominently ChatGPT, are disrupting the automotive industry. Where will it be used?
Automotive leaders must adopt a platform-based approach to streamline data and processes, ensuring better alignment with evolving regulations and market conditions. Collaborative Supply Chain Planning : The emphasis on collaboration in supply chains will grow, moving away from adversarial relationships to integrated valuechains.
The financing was led by global automotive leader, Martinrea International Inc., The financing will remain open until June 30, 2024. Equispheres uses atomization technology for metal powders for use in additive manufacturing and automotive applications. OTTAWA — Equispheres Inc.
Scheduled for release on August 1, 2024, the catalog will showcase a selection of metric and inch tools tailored specifically for metal cutting production in the U.S. Cleaning chemistries from KYZEN are designed to be effective for precision metal and critical cleaning applications including medical devices, automotive, defense and aerospace.
To license technology for prismatic and cylindrical cells from GIB Hyderabad, June 24, 2024: Amara Raja Advanced Cell Technologies Pvt. Gotion has built strong competitive position with its product technology and Gigafactory manufacturing expertise over the years and continues to offer innovative solutions across the New Energy valuechain.
London, 21 February 2024 — Frost & Sullivan is joining forces with Automechanika, the leading international trade fair for the automotive aftermarket, to enhance their offerings to industry professionals. Frost & Sullivan valued global manufacturer-level replacement parts revenues at $470.9 billion in 2023.
Elite specialises in heating, ventilation, and air conditioning and electric vehicle battery thermal management solutions for the construction, automotive and rail sectors. The business is active in all parts of the valuechain from design, validation, supply, and aftercare, operating from its 40,000 sq. ft facility in Tamworth.
“Circularity is about redesigning a valuechain beginning to end and back to beginning,” says Scott Ballard, president of Eastman’s Plastics Division. ” Circular economy approaches like this require the cooperation of companies along the entire valuechain, the spokesperson explains.
Automotive markets in the ASEAN region—Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam—will continue to grow robustly in 2023. million in 2023, led by the major automotive markets of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. growth rate in 2023.
San Antonio, TX — 23 rd January 2024 — Frost & Sullivan recently researched the battery cell monitoring industry and, based on its findings, recognizes Dukosi Ltd. Dukosi’s technology is increasingly adopted across various sectors, including automotive, industrial mobility, and stationery battery energy storage.
Today Marposs India has a turnover of 20 million euros (forecast closing 2024) and employs 120 employees. The business sectors that weigh most heavily are the automotive sector (about 50% of turnover) and the remaining half divided between mechanical components and machine tool applications.
Environmental and vibration test specialists CentraTEQ are excited to be exhibiting at the upcoming Battery Tech Expo, scheduled to take place at Silverstone on April 25th, 2024. These offerings cater to various industries, including automotive, electronics, and aerospace, ensuring robust testing solutions tailored to diverse needs.
In a surprising development General Motors (GM) has announced that it will be eliminating Android Auto and CarPlay from its upcoming electric vehicles (EVs) from mid-year 2024. Talk about severing connections. In its stead, GM envisions a built-in, native OS. Needless to say, this development has invited significant criticism from consumers.
In a surprising development General Motors (GM) has announced that it will be eliminating Android Auto and CarPlay from its upcoming electric vehicles (EVs) from mid-year 2024. Talk about severing connections. In its stead, GM envisions a built-in, native OS. Needless to say, this development has invited significant criticism from consumers.
OEMs will continue to collaborate with various companies in the automotivevaluechain to expedite the development and implementation of hands-off and eyes-off technologies. In 2024, Frost & Sullivan anticipates a decrease in the number of vehicles equipped with L0 ADAS features by 10%.
OEMs will continue to collaborate with various companies in the automotivevaluechain to expedite the development and implementation of hands-off and eyes-off technologies. In 2024, Frost & Sullivan anticipates a decrease in the number of vehicles equipped with L0 ADAS features by 10%.
OEMs will continue to collaborate with various companies in the automotivevaluechain to expedite the development and implementation of hands-off and eyes-off technologies. In 2024, Frost & Sullivan anticipates a decrease in the number of vehicles equipped with L0 ADAS features by 10%.
The pandemic and semiconductor shortages proved a double whammy for the automotive industry, disrupting valuechain components supply, delaying technology introduction, and triggering a shift in consumer preferences. The road has now been paved for L3 market take-off in Japan. Focus on Affordability.
Leveraging multiple companies within the group, including Linde LienHwa, Mitac, and Getac, the Lien Hwa group is strategically positioning itself in the hydrogen mobility valuechain, spanning hydrogen generation and supply, fuel cell stack manufacturing, system integration, vehicle assembly, and aftersales service.
2025: Leveraging Strengths,” whereby the company is consistently expanding its product and service portfolio along the valuechain towards customers. The acquisition therefore enables us to take a significant step up the valuechain and create a platform upon which we can grow. Klöckner & Co.,
The future production of Lithium-Hydroxide in Guben represents a further building block in the creation of an EV value-chain that is currently being established in Brandenburg. ” Additionally, the Company announces that it has appointed Derek Sobel to the position of Chief Financial Officer as of June 01, 2024.
Despite the automotive sector’s strides in electrification, the Indian CE landscape remains predominantly reliant on diesel power. Moreover, the allocation of INR 2,671 crore in the interim budget for 2024-25 underscores the government’s unwavering commitment to fostering initiatives like FAME.
Bengaluru, December 18, 2024: Dynamatic Technologies Limited and Aequs Private Limited today announced a contract for the supply of complex structural parts for the Airbus A220 Door Program. Dynamatic Technologies designs and builds highly engineered products for automotive, aeronautic, hydraulic and security applications.
The regulation which is likely to come into effect from mid-2023 will provide a fillip to commercial air taxi operations which are likely to launch by 2024-2025. Aviation companies, automotive firms and start-ups are all actively involved in the UAM market. Automotive majors Daimler and Geely have invested in Volcopter.
Technology advances, quality improvements, integrated valuechains, and targeted sales strategies are underscoring strong export growth. For a start, China is the world leader in automotive production and sales volumes, with annual sales having repeatedly topped 20 million units over the last 7-8 years. million units in 2030.
This consultation will gather insights on enhancing Canada’s valuechains from mining to vehicle assembly, ensuring long-term economic growth and job creation across the country.” “Our goal is to develop strategies that foster innovation and that grow Canada’s position within the North American ZEV supply chain.”
PIC-based FMCW LiDAR has the potential to transform the automotive and agricultural industries with applications in drones and autonomous vehicles. It includes 32 company profiles, many from first-hand interviews, and summaries from events, including SPIE Photonex 2024 and SPIE Photonics West 2024.
In addition to VTT and the Finnish Tampere University , six Finnish companies representing key steps in the valuechain of sustainable electronics are participating in Sustronics: Canatu , Movesense , Screentec , Tervakoski , UpCode , and UPM Raflatac. The Finnish partners are co-funded by Business Finland.
Amid the automotive industry’s pandemic-induced slowdown, coupled with supply chain constraints and semiconductor shortages, a silver lining is emerging. Absence of Adequate Support Understanding and navigating the fleet leasing and rental valuechain can be complex, rendering a data-driven platform insufficient on its own.
Display glass is a key component of almost all electronic items – from consumer electronics to healthcare devices, and from automotives to wearables. In 2024, India’s display market is estimated to grow to ~$11 bn, representing around 10% global share. This is expected to triple to $25-30 bn by 2030.
The Chvaletice Manganese Project is innovative, timely and essential to bolster strategic valuechains and support transition goals: I look forward to working with this outstanding team to support the Company’s strategic growth in the rapidly-evolving battery materials market.”
Can you elaborate on the significance of bearing races in the automotive and industrial sectors, and how Jinabakul Forge Pvt Ltd’s expertise contributes to the reliability and performance of these components? We started with one forging line with an installed capacity of aprox M. Tons per month.
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