article thumbnail

Why 2023 promises great expectations in a value-driven EV market

E&T

Based on data from the Society of Motor Manufacturers and Traders (SMMT), this could be the result of different factors that are currently affecting the automotive industry, including rising inflation and cost of raw materials. Due to the current cost of battery manufacturing, many EVs cost more than a comparable ICE vehicle.

article thumbnail

Utilizing virtual twins to improve manufacturing operations

Control Engineering

Virtual twin insights Manufacturers face many challenges including evolving technology, rising costs, shrinking profit margins with sustainability concerns and persistent supply chain instability. Four industry challenges in the automotive industry are particularly prevalent, Braford said: Evolving technology. Production planning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

30 kg Collaborative Robot Unveiled and Ready for Sale

Gary Mintchell

Dayton, Ohio once had several manufacturers of special coil-winding machinery. Central western Ohio had several companies that manufactured special tube-bending machines. The automotive and electronics markets are hot, and logistics has become an increasingly good market for cobots. Odessa, Denmark? Why develop a new product?

Robotics 130
article thumbnail

New 30 kg Payload Cobot Launches and Sets a new Era and Standard in Automation

Fabricating & Metal Work

Universal Robots, the Danish manufacturer of collaborative robots (cobots), has announced that it will expand its leading product portfolio with a new 30 kg payload cobot. This will be beneficial in, for example, the automotive industry. Customers can start placing orders now, which will be shipped in the first quarter 2024.