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Remanufacturing in the Automotive Aftermarket Picks Up Pace as the Automotive Industry Increasingly Embraces Circular Economy Models

Frost & Sullivan Manufacturing

Conventional engine, transmission, and affiliated components will represent immediate high-growth opportunities in the automotive aftermarket, while the transition to vehicle electrification will drive investments in electric vehicle (EV) related remanufacturing.

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Remanufacturing in the Automotive Aftermarket Picks Up Pace as the Automotive Industry Increasingly Embraces Circular Economy Models

Frost & Sullivan Manufacturing

By Benson Augustine, Senior Industry Analyst, Aftermarket & Digital Retail – Mobility Rematec, a leading trade show for stakeholders in the automotive remanufacturing ecosystem, was held in Amsterdam in June this year, after a four-year hiatus. North America and Europe currently dominate the global reman aftermarket.

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Automotive Aftermarket Looks to 4Rs and Closed Loop Ecosystem for Sustainable End-of-Life Battery Management

Frost & Sullivan Manufacturing

million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. A Booming eMobility Aftermarket is Expected Emerge by 2030. However, Frost & Sullivan estimates this will expand to 32 GWh of retired battery capacity by 2030. GWh due to low BEV sales in the early 2010s.

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Saudi Arabia’s Aluminium Industry Potential: A Strategic Analysis By Frost & Sullivan

Frost & Sullivan Manufacturing

Abdullah Alrashidi , Consulting Analyst and Haitham Abughazaleh , Account Manager of Chemicals & Materials Growth Advisory Practice at Frost & Sullivan, delve into the strategic significance of the Aluminium Industry in Saudi Arabia’s Vision 2030. The commitment to Green Aluminium sets the stage for a NetZero target by 2060.

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Magna to manufacture more Serve Robotics last-mile delivery systems

Robotics Business Review

Source: Serve Robotics Serve Robotics Inc. Aurora, Ontario-based Magna is one of the world’s largest automotive suppliers. The global market for robotic last-mile delivery could grow from $70 million in 2022 to $670 million by 2030, predicted ABI Research. Magna International will manufacture more delivery robots.

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Latest Strategic Acquisition in Carsharing Market Underlines How Automotive Companies are Striving to Become Mobility Service Providers

Frost & Sullivan Manufacturing

trillion by 2030. Source: Frost & Sullivan, 2022. We see the acquisition of ShareNow as the next strategic step towards meeting Stellantis’ Dare Forward 2030 goal of 15 million customers and €2.8 billion (Rs 22,400 crore) in revenue by 2030. A Unique Marketplace Solution. Our Perspective.

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Investments in Gigafactories, coupled with Industry 5.0 Technologies, to Enable Lithium-ion Battery Manufacturers to Keep Pace with Electric Vehicle Boom

Frost & Sullivan Manufacturing

Synergies between automotive OEMs and battery manufacturers to ramp up collaborative initiatives in battery development. At the same time, automotive OEMs and battery suppliers are increasingly opting for vertical integration strategies and partnerships to gain a competitive edge. CAGR over 2022-2030.