article thumbnail

NGen launches new $35M fund to support Canada’s EV value chain

Automation Mag

Next Generation Manufacturing Canada (NGen) announced $35 million in funding and launched a new call for project proposals targeting the entire value chain of road-based battery and fuel-cell electric vehicles and their respective systems and components.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

New Open Marketplace for Manufacturing Applications

Gary Mintchell

Cofinity-X will help to make important progress with the operationalization and build-up of end-to-end data-chains to trace material flows throughout the entire value chain. Traceability applications can give the possibility to display the entire value chain and help to find ways to increase supply-chain resilience.

article thumbnail

Mitsubishi Electric’s Support for the Automotive Industry Highlighted at the North East Automotive Expo

i4.0 today

Mitsubishi Electric is showcasing how its automation technologies can drive the entire electric vehicle value chain forward at the North East Automotive Expo 2022, taking place on 29th September 2022. About Mitsubishi Electric. 1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2022. Today Magazine.

article thumbnail

Top Takeaways from Automechanika Frankfurt 2022: The Automotive Aftermarket in Transition

Frost & Sullivan Manufacturing

It was back to business-as-usual at Automechanika Frankfurt , the largest trade fair for stakeholders across the automotive aftermarket value chain. The trade fair comes at a time of enormous change for the automotive market. The event made a welcome return as an in-person event following a short gap. Top Takeaways.

article thumbnail

TeamViewer and Hyundai Motor sign strategic partnership to accelerate digital innovation in automotive smart factory

AU Manufacturing

The two companies will conduct joint research and development (R&D) activities in AR-powered smart factory operations, immersive digital experience for frontline workers, and AI support for a future automotive factory. Overall, the partnership will drive increased productivity, accuracy, speed, and safety of frontline production workers.