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The 5th Edition of the Samurai Awards and Conference, held from November 7 to 15, 2024, successfully showcased India’s manufacturing prowess, bringing together visionaries, innovators, and policymakers. on India’s Manufacturing Vision 2030: Leveraging Technology and Talent for Global Leadership. Moderated by B.
Sector turns over £5.5bn annually, supporting a 15,000-strong workforce and backed by local supplychain supporting 60,000 additional jobs. To keep success on track, industry calls for supportive global regulatory frameworks that recognise small volume manufacturing challenges. Together they turned over more than £5.5
Since 1998 Video Advertise Newsletter Signup Podcast Sign In Aerospace AI Automotive Cybersecurity Energy Gen Z Industry 4.0 Operations Software SupplyChain Topics Aerospace AI Automotive Cybersecurity Energy Gen Z Industry 4.0 This year, the stakes are higher. This year, the stakes are higher.
Can green ambitions keep pace with the ground realities of rapid-scale manufacturing? The manufacturing sector is facing a high-stakes balancing act—to meet unprecedented global demand while cutting carbon footprints at every step and turn. Inflation Reduction Act incentivizes domestic battery recycling infrastructure.
Automotive OEMs that successfully integrate carbon net-zero strategies across their value chains will not only achieve regulatory compliance but also secure strategic leadership in a decarbonized global economy. renewable energy adoption in manufacturing is projected to exceed 50% of the total energy mix by 2030.
A variety of industries — automotive, healthcare, food and beverages, and beyond — are leveraging innovative eco-friendly manufacturing solutions by harnessing sustainable materials. 30 countries have passed single-use plastic bans, accelerating demand for eco-friendly manufacturing.
UK commercial vehicle (CV) manufacturing falls -2.9% Latest independent outlook expects factories to turn out some 111,000 light vans this year as sector looks forward to working with new government on an industrial strategy with automotive at its core. UK commercial vehicle (CV) manufacturing fell -2.9%
Prediction predicated on investment that keeps pace with Joe Biden’s $369bn green subsidy spree in US Europe could end its reliance on China for electric car batteries by 2030 but only if it keeps pace with Joe Biden’s $369bn (£298bn) green subsidy spree, experts predict.
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.
Messe Frankfurt UK, organisers of Automechanika Birmingham, has announced registration is now open for visitors to secure free tickets to its refreshed trade event, the AutomotiveSupplyChain Forum, in association with the Society of Motor Manufacturers and Traders (SMMT).
SMMT partners with Mission Automotive to launch veterans career guide and boost recruitment of ex-Armed Forces personnel. Veterans offer years of relevant expertise and transferable skills, making them mission-ready for a long-term, well-paid automotive career.
DUBLIN The report “Strategic Insights into the EV Manufacturing Ecosystem” projects the global electric vehicle market to grow from 15.7 Automation and AI-driven manufacturing processes will play a key role in increasing efficiency and reducing costs. million units in 2024 to 46.31 million units by 2035, at a CAGR of 10.3
“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.
UK Automotive calls for cross-party adoption of five pledges as part of an industrial strategy to drive industrial transformation, mobility for all, upskilling, global trade, and clean, affordable energy. Commitment would deliver green automotivemanufacturing growth and consumer choice in a thriving, accessible EV market.
The prime minister Rishi Sunak is facing pressure from the car manufacturing industry to renegotiate the ' Trade and Co-operation Agreement' (TCA) with the European Union (EU). Stellantis, which employs more than 5,000 people in the UK, was responding to an enquiry into the supply of batteries for EV manufacturing in the country.
The largest economy amongst the Gulf Cooperation Council members, Saudi Arabia, is striving to position itself as the logistics hub of the region with its Vision 2030 initiatives, driving growth in the logistics sector. Under Vision 2030. Global SupplyChain Resilience Initiative.
The largest economy amongst the Gulf Cooperation Council members, Saudi Arabia, is striving to position itself as the logistics hub of the region with its Vision 2030 initiatives, driving growth in the logistics sector. Under Vision 2030. Global SupplyChain Resilience Initiative.
Manufacturing for domestic and overseas markets down -20.8% New analysis shows Auto remains UK’s largest exporter of manufactured products, with shipments of cars, vans and components worth almost £47bn. million by 2030. million by 2030. million by 2030. September car output falls -20.6% in the first half of 2024.
New global research commissioned by ABB Robotics and AutomotiveManufacturing Solutions, revealed that 59 per cent of respondents believe the shift to pure EV production is not achievable within current legislative timelines. The respondents cited a variety of reasons for their opinions. Magazine What Car?
News comes as latest SMMT Automotive Trade Report shows UK global auto trade on track to reclaim £100 billion trading hub status. The Society of Motor Manufacturers and Traders (SMMT) is today urging the EU and UK to strike an immediate agreement to avoid damaging Brexit tariffs on electrified vehicles.
The semiconductors industry is expected to reach the landmark $1 trillion milestone by 2030, providing a clear illustration of the industry’s growing power. Manufacturing centers are being reassessed by businesses, which are prioritizing resilience over cost effectiveness. revolution.
Data security and privacy remain major concerns as automakers move to embrace ChatGPT across the automotive value chain. Generative AI-powered Large Language Models (LLM), most prominently ChatGPT, are disrupting the automotive industry. Countries like Russia, China, Iran, Cuba, Syria, and Italy have banned ChatGPT.
However, manufacturers struggle to reach sustainability goals and recycling rates continue to lag. While the International Aluminium Institute (IAI) reports a global recycling rate of 76%, the demand for aluminum is continuing to rise and is expected to increase 40% by 2030. Ellie focuses on the critical issue of aluminum recycling.
The alternative fuel spectrum including biofuels, biogas, biomethane, and eFuels presents effective options to substitute fossil fuels while reducing emissions across aviation, automotive, maritime, and industrial power sectors. from 2023 to 2030 , reflecting increasing adoption driven by environmental mandates and technological advancements.
AI is no longer a futuristic concept in industrial settingsit is actively reshaping factories, supplychains, and production floors today. Industrial AI Is Driving a Massive Transformation Across industries, AI is revolutionizing manufacturing, logistics, and supplychain management.
What green growth there is has been propped up by manufacturers providing massive discounts on the ever growing EV product ranges in which they’re investing. Halving VAT on new purchases, for example, would help put two million EVs on the road by 2030 and cut CO₂ emissions by six million tonnes per year. Email address. Company. *
Industry outlook highlights strategic importance of Automotive to Britain’s economic recovery, with growth worth £14 billion targeted in 2023. The UK automotive industry has today urged government to take rapid action to secure the long-term future of one of the country’s most important assets, while accelerating its decarbonisation.
Supplychain shortages subdue new car market to 1.61m units in 2022 – a -2.0% increase to reach 128,462 new registrations, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Constrained supply saw many manufacturers prioritise deliveries of the latest zero emission-capable models.
The automotive landscape is undergoing a transformation of unprecedented scale a reshaping of vehicle design, ownership, and experience comparable only to the dawn of the automobile itself. Are you ready to leverage top automotive trends for 2025 to secure your competitive edge? Immense growth potential. Explore them below.
UK commercial vehicle (CV) manufacturing grew 16.0% in the first six months of the year as 58,675 units rolled off factory lines, with June marking the third consecutive month of growth, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). this year to 114,500 units. to 20,872 units.
Lithium-ion batteries are at the heart of the transition from fossil fuels, but fundamental supplychain changes are needed to eliminate widespread forced labour and child labour abuses.
The report warned that the country was already “rapidly falling behind the EU” on green manufacturing investment and called for the government to provide cash incentives for green manufacturing businesses to set up in the UK. per cent, according to figures from the Office for National Statistics (ONS).
The annual ranking from Greenpeace East Asia evaluates the world’s 15 largest traditional carmakers on their phase-out of combustion engine vehicles, supplychain decarbonisation, and resource reduction and circularity. Despite rapid growth in EV sales, combustion engine vehicles continue to dominate the global automotive market.
IPC, The Global not-for-profit Trade Association established in 1957 in the USA represents all facets of the electronics manufacturing industry in 70+ countries, including India. Through market research, we know that electronic systems will account for over 50% of cars’ costs by 2030 (Freescale/NXP). How can you help?
A report by the Society of Motor Manufacturers and Traders (SMMT) said UK car production in 2022 shrunk to levels not seen since the 1950s. Our success is evidenced by the £1bn investment in Sunderland in 2021, and we are building on this through a major investment programme to electrify our supplychain and create jobs.”
With countries around the world accelerating their efforts to attract international investment in advanced manufacturing, Britain’s automotive sector has called on all political parties to back the UK by committing to five key pledges as part of a dedicated industrial strategy.
Chinese Tier 1 automotive suppliers have emerged as pivotal players in the rapidly transforming global automotive market, leveraging their technological capabilities and innovation to capture significant global market share. Strategic partnerships with established global players are another significant growth driver.
As supplychain bottlenecks ease, global trade is increasingly on the agenda for boosting automotive sales and the delivery of low emission technologies – but with automotive products subject to geopolitical, environmental and industrial policies, navigating business across multiple time zones is as complex as ever.
By Benson Augustine, Program Manager – Mobility The global automotive aftermarket is witnessing a paradigm shift as circular economy initiatives gain momentum. Revenues of the global remanufactured automotive components market are projected to rise from $27 billion in 2022 to $42 billion by 2030.
A major transition in the UK’s automotive factories is underway with manufacturers retooling to build the very latest and greenest models. As SMMT’s Manifesto 2030 sets out, whoever forms the next government can build on the billions already invested by industry with five key pledges. Further details can be found here.
According to ABI, the market had a global valuation of $475 million in 2020 (slightly lower than Interact’s numbers), which would expand to $600 million in 2021 and $8 billion in 2030, with a projected CAGR of 32.5%. in 2023, despite a challenging year for manufacturing, tough economic conditions, and supplychain issues.
The Standard complements additional actions underway by the federal government to develop a robust electric vehicle supplychain and infrastructure that creates good, middle-class jobs and ensures a cleaner, safer environment.
Learning Objectives ZF Group, an automotivemanufacturer, provides motion controls for automotive, industrial, wind power. 6-9, included discussions about digitalization helps optimize operations, helps with energy efficiency, workforce shortages, supplychain, climate change and cybersecurity. Courtesy: Mark T.
Capral has continued its push to improve the quality of the aluminium it is sending to market, announcing it has received certification from the Aluminium Stewardship Initiative (ASI) for the manufacturing of aluminium extruded products. Capral Aluminium is the first extruded product manufacturer in Australasia to achieve ASI Certification.
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