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Confronted by Rising Costs, Weakening European Demand, and Increased Competition from Chinese Automakers, Volkswagen opts for Drastic Restructuring

Frost & Sullivan Manufacturing

Volkswagen, Germany’s iconic automotive brand, is on the verge of making drastic structural changes. This unprecedented decision forms part of a larger plan to save €10 billion by 2026. Today, competitive production capabilities have become critical to survival in a challenging global automotive industry.

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Nissan commits to making next-gen EV batteries by 2029

Canadian Manufacturing

Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said on Apr. They said the company had come up with key, unique materials for the batteries, including a metal form of lithium. 16 during a media tour of an unfinished pilot plant. They will also be so convenient.

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Southwest Research Institute to make robot programming more user friendly with SWORD

Robotics Business Review

Source: Southwest Research Institute An industry push for more automation is advancing the Robot Operating System, or ROS, beyond the academic and manufacturing domains into agriculture, automotive, retail, healthcare and more.

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Unveiling the Neuromorphic Sensing and Computing Revolution: An $8.4 Billion Market by 2034

i4.0 today

By 2029, the neuromorphic sensing market could swell to $410 million, catapulting to $2.9 Similarly, the neuromorphic computing market is forecasted to grow from $412 million in 2029 to an impressive $5.4 The report discusses an important factor for the industry’s future growth – forming a vibrant ecosystem teeming with activity.

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Infineon Launches New Generation of GaN Power Discretes with Superior Efficiency and Power Density

i4.0 today

The CoolGaN Transitors 650 V G5 enable SMPS applications to be smaller and lighter or to increase the output power range in a given form factor. These benefits allow the devices to operate at high frequencies with minimal power loss, resulting in superior power density. In the future, CoolGaN will transition to 12-inch production.

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IN THE NEWS with Fastener News Desk the Week of March 27, 2023

Fastener News Desk

The distribution and manufacturing center is the newest in a series of expansions by Shannon Precision Fastener, which manufactures precision engineered fasteners primarily for automotive OEM’s that include powertrain, chassis, and safety critical applications. through 2029. Registration is requested to be completed by April 20 th.

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Perpetual Wisdom

Dinesh Mishra

Other notable trends include the growth in industrial automation, particularly in the automotive sector, which continues to be a major consumer of machine tools, including CNC machines and advanced automation solutions. The adoption of CNC machines is essential for achieving precision and efficiency.