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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.

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

Frost & Sullivan Manufacturing

Electromobility is gaining momentum with improving charging infrastructure, expanding manufacturing capacity, policy support, and purchase incentives. End-of-life business models view value extraction from used batteries through two lenses: one, recycling for material recovery, and two, reuse in automotive and energy storage applications.

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Bulten Enters Agreement to Acquire All Shares in Exim & Mfr Holdings Pte Ltd

Fastener News Desk

The acquisition is an important part of Bulten’s strategy, which aims for growth outside of the company’s primary customer group of automotive, and to improve risk diversification, as well as margins. Components with a low unit price that manufacturing companies stock in large quantities. Net sales in 2022 totaled SEK 4,474 million.

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Bossard Acquires Penn Engineering’s® Distribution Business in Canada

Fastener News Desk

It acquires the Canadian distribution business from the American company PennEngineering® in Danboro, Pennsylvania, USA, an innovative manufacturer of fastening solutions. For further information, please contact: Stephan Zehnder, CFO. and logistic services. Content Source: RELATED CONTENT: The Bossard Group has acquired Jeveka.

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A National Rail Service Operator and an Automaker Find Synergies in Electric Vehicle (EV) Battery Second Life Use

Frost & Sullivan Manufacturing

Kia will dispatch its old batteries via the DB logistics network – DB Schenker and DB Cargo – to energy storage startup, Encore. Manufacturing and sales of these systems are set to start in 2023. Meanwhile, the use of lithium-ion packs as backup power storage systems in commercial settings is also being explored.

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Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

With the increasing likelihood of a global economic recession in 2023, many industries are struggling with increasing manufacturing cost, such as labor and raw material costs, and maintaining their profit margins. Source: IDTechEx. fold increase in demand for logistics and delivery robots and a 6.8-fold