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Automotive OEMs that successfully integrate carbon net-zero strategies across their valuechains 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.
China’s Dominance in Automotive Sales and EV Growth China leads the light vehicle market: 31.8% As a powerhouse in the global automotive industry, China is transforming vehicle innovation, electrification, and connectivity. The country’s automotive sales nearly double that of the United States, marking an impressive 11.2%
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.
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.
A variety of industries — automotive, healthcare, food and beverages, and beyond — are leveraging innovative eco-friendly manufacturing solutions by harnessing sustainable materials. Leading brands aim for 25-50% recycled content in packaging by 2030.
million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. Overarching both has been the need to foster economic and environment-friendly approaches across the valuechain that promote resource optimization, materials reuse, residual value protection, and extended lifetime.
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.
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.
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.
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
As the automotive industry evolves, so is the need for advanced diagnostic solutions that keep pace with increasingly complex vehicles. Diagnostics-as-a-Service (DaaS) has emerged as a groundbreaking business model offering significant benefits for automotive workshops, dealerships, and collision centers worldwide. billion by 2030.
The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium valuechain. The aim of the voluntary program is to address pressing sustainability issues in the aluminium valuechain.
ValueChain and Business Models for Autonomous Shuttles. The growing market has created players focusing on different parts of the valuechain, providing hardware, software, or services. Europe is moving to embrace autonomous shared mobility after the European Commission said it will reduce emissions by 55% by 2030.
Running until January 22nd, the second edition of this expo underscores sustainability and innovation within the mobility ecosystem, reflected in its theme, “Beyond Boundaries: Co-creating Future AutomotiveValueChain.” lakh generated substantial excitement.
Sustainability along the entire valuechain To become truly sustainable throughout the company, CERATIZIT will evaluate the entire valuechain with regard to environmental, social and governance criteria (ESG) while also including company partner cooperation.
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?
“The trend in the auto industry points to a world which is EACSY, short form for electrified, automated, connected, shared, yearly update,” said Latha Chembrakalam, head of Technical Centre India, Continental Automotive India, at the India Altair Technology Conference 2022. This is expected to go up to 300 million by 2030.
SAN ANTONIO — The automotive industry accounts for nearly a quarter of global greenhouse gas emissions. Beyond zero-emission vehicles and carbon-neutral manufacturing, long-term roadmaps embrace a more holistic vision of sustainability that spans the entire valuechain. The roadmap to 2030 with trends in commercial trucking.
million manufacturing jobs there will be unfilled by 2030. For example, precision painting technology in the automotive sector can reduce material waste by up to 60% and enhance sustainability by reducing energy and water use. Similar forecasts in the U.S. suggest more than 2.1
Ghana: Jobs and Economic Transformation (JET) and Automotive Investor Mission 5 – 8 December, Accra, Ghana Supported by the UK Foreign, Commonwealth and Development Office, Ghana JET is organising an automotive mission to Ghana in December. billion market with a combined GDP of $3.4
The 5-year programme seeks to spur £30mn of investment and create 7,000 jobs across three priority sectors in Ghana: Automotive, Pharmaceuticals and Textiles & Garments. Ghana’s automotive industry is currently valued at $4bn (expected to reach $11bn by 2030) with 3.4mn vehicles on road.
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.
Around 25,000 tonnes of blades will reach the end of their operational life every year by 2025, this number could increase to 52,000 tonnes by 2030, according to industry trade body WindEurope. The valuechain needs to find ways to incorporate recycled materials into the products they supply us,” says Korsgaard.
“Circularity is about redesigning a valuechain beginning to end and back to beginning,” says Scott Ballard, president of Eastman’s Plastics Division. For instance, the European Union has a plastics strategy which states that by 2030 all plastic packaging should be designed to be recyclable or reusable.
18, 2022 – The automotive industry accounts for nearly a quarter of global greenhouse gas emissions. Beyond zero-emission vehicles and carbon-neutral manufacturing, long-term roadmaps embrace a more holistic vision of sustainability that spans the entire valuechain. The roadmap to 2030 with trends in commercial trucking.
The aftermarket sector is an important and significant part of the UK automotive industry, ranking fourth in Europe and ninth in the world in terms of size, making it an attractive global partner with which to do business. The group focusses on supplying a range of world class automotive parts to OEMs around the world.
Sustainability is at the heart of disruptive transformation across the automotive industry. Sustainability and the Automotive Industry. Tire companies – and not just from an EV standpoint – are crucial partners in the automotive industry’s overall shift towards sustainability.
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.”
The US Department of Energy predicts a five to ten-fold increase in global electric vehicle (EV) battery demand by 2030. And while challenges related to safety, cost, and performance still need to be addressed, these technologies are on course to be adopted for EV applications between 2025-2030.
This year’s CES 2023 shone the spotlight on two key trends in the automotive industry: electrification and digital transformation. Several Chinese automotive companies like Nio, Li Auto, and XPeng have been at the cutting-edge of this convergence, combining advanced connectivity and autonomous technologies with vehicle electrification.
OEMs will continue to collaborate with various companies in the automotivevaluechain to expedite the development and implementation of hands-off and eyes-off technologies. Our Perspective By 2029-2030, L2 autonomous vehicles will surpass L1 in unit sales, with an estimated 35 million L2 vehicles sold by 2030.
OEMs will continue to collaborate with various companies in the automotivevaluechain to expedite the development and implementation of hands-off and eyes-off technologies. Our Perspective By 2029-2030, L2 autonomous vehicles will surpass L1 in unit sales, with an estimated 35 million L2 vehicles sold by 2030.
OEMs will continue to collaborate with various companies in the automotivevaluechain to expedite the development and implementation of hands-off and eyes-off technologies. Our Perspective By 2029-2030, L2 autonomous vehicles will surpass L1 in unit sales, with an estimated 35 million L2 vehicles sold by 2030.
It is currently the leading supplier of vision-based solutions to major Tier 1 suppliers and OEMs for L1 and L2 solutions and, going further, Mobileye is expected to leverage this position and relationship in the valuechain to penetrate the market to offer higher levels of autonomy.
According to the International Energy Agency, close to 250 million EVs will be on the world’s roads by 2030. Therefore, circular economy practices in the electromobility domain are necessarily looking at ways to reintroduce end-of-life batteries safely and effectively into the valuechain. A Second Lease of Life.
30, its strategy ‘local for local’ where it plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. VANCOUVER and SHANGHAI — Ballard Power Systems announced on Sep.
Accordingly, alternate fuelled trucks (fuel cell electric, electric, natural gas) are projected to steadily increase their share of refuse hauler sales in developed markets by 2030. This will be paralleled by the rising adoption of advanced data analytics and smart truck technologies in these markets.
Despite the automotive sector’s strides in electrification, the Indian CE landscape remains predominantly reliant on diesel power. It is through such concerted measures that we can chart a course towards renewed support for the entire EV valuechain, including vital assistance to the CE industry.
The company is accelerating the expansion of reman products by launching the first Remanufactured automotive windshield-mounted video camera with Stellantis. As a testament to its success, Valeo currently remanufactures one million products annually and aims to double this capacity by 2030.
Technology advances, quality improvements, integrated valuechains, and targeted sales strategies are underscoring strong export growth. million units in 2030. million units in 2030. Today, Chinese passenger vehicle (PV) automakers have a global agenda. million units in 2022 to 5.3 million units in 2022 to 5.3
Global Additive Manufacturing Summit (GAMS) by NAMIC, a one-stop learning and networking platform for students, academia, industry professionals, and innovators along the entire AM valuechain who are looking to adopt additive manufacturing. CAGR through 2030, driven by rapid AI policy rollouts and increasing industry adoption.
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