This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In August 2024, Figure AI said that BMW Group had tested Figure 02 for handling fitted sheet-metal parts on its automotive production line for two weeks in Spartanburg, S.C. The global market for humanoid robots could experience a compound annual growth rate (CAGR) of 96% between 2022 and 2030, reaching $6.8 Gartner Inc.
The Paradox of Sustainability and The EV Boom The International Energy Association ( IEA ) predicts that EVs could comprise between 42% and 58% of global car sales by 2030, almost quadrupling today’s numbers. The European Commission’s Fit for 55 package, for example, sets clear CO₂ reduction targets for manufacturers, while the U.S.
“Today’s announcement, in which Ellesmere Port becomes the UK’s first EV-only manufacturing plant and the first Stellantis plant globally dedicated to EVs, is a very visible demonstration that this government has got the right plan for the UK’s automotive sector,” said Kemi Badenoch, secretary of state for business and trade.
Ahead of general election, SMMT’s Manifesto 2030 sets out steps for next government to secure future success for UK Automotive on road to zero emissions. Ahead of the general election, SMMT is calling for the next government to adopt five key pledges set out in its Manifesto 2030 as part of a dedicated industrial strategy.1
A major transition in the UK’s automotive factories is underway with manufacturers retooling to build the very latest and greenest models. What is needed is an industrial strategy fit for this decade and the next. The post UK Automotive needs a manifesto made for global success appeared first on SMMT.
The same distance requirements for heavy goods vehicles will need to be met by 2030, while airports and ports will need to provide electricity for passenger vessels and aircraft from 2025. The new law is a milestone,” said Raquel Sánchez Jiménez, Spain’s Minister of Transport. The EU is also aiming to achieve climate neutrality by 2050.
With the EU committed to more than halving its GHG emissions by 2030, it has become imperative for automakers to balance revenues with regulatory compliance, and economics with environmental considerations. In order to pursue this objective, there are plans to operate about 6 battery giga factories in Europe by 2030. 3 GTX, and the ID.2
“The latest GX-B Series is our most advanced lineup to date, enabling integrators to meet a wider range of customer needs with high-performing, reliable solutions that fit seamlessly into workflows for a range of industries,” said Scott Marsic , group product manager at Epson America, in a release. billion U.S.). Similarly, Fact.MR
As an intermediary step towards zero emissions, new CO2 standards will be put in place that require average emissions of new cars to come down by 55 per cent by 2030, and new vans by 50 per cent by 2030. This deal is good news for car drivers.
The Hainan provincial government declared that sales of fossil fuel-powered cars will be banned on the island by 2030 and that electric vehicles will be promoted with tax breaks and by expanding the charging network, as described in its 'Carbon Peak Implementation Plan'. “By
The implications could even threaten the job of General Motors CEO Mary Barra, who recently boasted to Wall Street analysts that “Cruise has a tremendous opportunity to grow and expand” and that the company could generate $50 billion a year in annual revenue by 2030.
As we cruise over the Thames, Matthew Quitter, the firm’s founder, points out the improved performance this conversion provides: “We wouldn’t have been able to pull away from that roundabout anywhere near as fast [before an EV battery was fitted].” Still, it’s an impressive job, and the firm has introduced some nice touches.
Whatever the colour or stripe of our next government, UK automotive manufacturers need policies that focus on increasing the country’s global competitiveness – and for the commercial vehicle sector, now is the perfect time to do so. of them going to the EU.
Learning Objectives Shell in the petrochemical industry and ZF Group in the automotive industry explained how digitalization efforts are helping with sustainability goals. Optimal operation depends on the quality, design and condition of the gear set; lubricants that fit the operating conditions; and regular evaluations and maintenance.
British automotive manufacturing plants reduce CO 2 emissions by -2.8% 2 While Britain is scaling up its EV output, battery production is lagging behind, with up to 90GWh of gigafactory capacity needed by 2030 to meet the UK’s EV manufacturing needs. to deliver lowest carbon footprint on record.
Given a thriving automotive industry can drive a successful Britain – one that’s decarbonising, serving society, competing globally and delivering new jobs – we need smart policymaking to create the conditions for success. The post UK’s next government must boost industry to deliver the future, faster appeared first on SMMT.
When there is limited or no connectivity, the system still needs to operate continuously and seamlessly,” says Tomasz Dzikowski, automotive product manager at video user experience specialists 3SS. P3 recently partnered with 3SS to co-develop an in-car infotainment system built on Android Automotive OS.
According to a study by Food Processing Skills Canada (FPSC), the Canadian food and beverage manufacturing industry will need at least 142,000 new people between 2023 and 2030. The reports authors optimistically estimate the shipment of over 250,000 humanoid robots to factories across the world in 2030. billion per year.
Brian and Eric have different ideas about the future but remain unified in their quest for the perfect fit. March is Women’s History Month, and it is only fitting that we recognize the pivotal roles women play in shaping the manufacturing industry,” said Jackie Luciano, ZAGO Vice President. billion by 2030. billion in 2002.
March 2025 Edition Mobility Automotive and Transportation Carsharing Boom: The $9.79 By 2030, the industry is set to exceed 570,000 vehicles and generate nearly $9.79 Billion by 2030? Consumers are prioritizing fitness, recovery, and energy, while innovations in sports nutrition are meeting these needs. Billion to $10.46
There are some very hard business benefits to pursuing this course and compliance fits into this as well,” Tate noted. Novelis has partnered with its suppliers and its customers in the aerospace, automotive, beverage can and other industries on the road to being carbon neutral by 2050 — or sooner. Novelis, Inc.,
Daimler’s recent announcement regarding OEM integration of Lytx video hardware as factory fit; explorations into several application areas for AI being researched upon and investigated by TSPs like Samsara, Motive and AI enablers like Ambrella AI and Visionary AI suggest the significance of such tech-driven innovations in future market growth.
We are making significant investments to introduce fit-for-market, green powertrain solutions that will be made in India, for India and for the world. Natural gas infrastructure is available and accelerates the Government of India’s vision of increasing natural gas share in the energy mix from 6% to 15% by 2030.
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. billion by 2030, expanding at a CAGR of 5.7% from 2023 to 2030. Billion by 2028, exhibiting a CAGR of 9.4%
If you look at the top COP26 targets, 50% reduction by 2030 is one of the target objectives. A lot of work to do in the states and I’ll let Daniel talk about that in a second. Our aim is to be around 70% by 2023. We will be well ahead of those overall. . I think other initiatives that we’ve looked at have been very successful.
Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is accelerating the build-up of its system capabilities for software-defined vehicles with the acquisition of Marvell Technologys Automotive Ethernet business, complementing and expanding its own market-leading microcontroller business. Infineon and Marvell Technology, Inc. billion in cash.
For decades, gasoline and diesel have been at the helm of the automotive fuel landscape. By 2030 , commercial fleets and heavy-duty vehicles will increasingly turn to biofuels due to their compatibility with existing internal combustion engines (ICEs). The question is: Where does your business fit into this new energy landscape?
Sectoral Momentum: Where Investment Is Flowing Automotive — Scaling Production and Regional Hubs: Africa’s vehicle manufacturing sector is expanding rapidly. The Association of African Automotive Manufacturers (AAAM) forecasts new vehicle sales to reach 5 million by 2035. Or simply Download the Whitepaper to get started.
A recent report from the Institute of the Motor Industry (IMI) predicting shortfall of 3,000 EV mechanics by 2030, growing to 16,000 by 2035, shows the need for more training courses and facilities to keep the UK at the forefront of vehicle electrification. Supplied by local dealer Euro Commercials, the eCanter 4C15e has a gross weight of 4.18
March 2025 Edition Mobility Automotive and Transportation Carsharing Boom: The $9.79 By 2030, the industry is set to exceed 570,000 vehicles and generate nearly $9.79 Billion by 2030? Consumers are prioritizing fitness, recovery, and energy, while innovations in sports nutrition are meeting these needs. Billion to $10.46
The UK automotive sector is innovating quickly to develop cutting-edge powertrains but for fleet operators looking to decarbonise while getting greater efficiencies from their assets, they are also looking to a much older power source.
We organize all of the trending information in your field so you don't have to. Join 45,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content