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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. Dominic Tribe is a partner and automotive sector specialist at management consultancy  Vendigital.

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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.