Remove 2020 Remove Automotive Remove Logistics
article thumbnail

BMW testing Figure 01 humanoid at South Carolina automotive plant

Robotics Business Review

BMW said its Spartanburg facility is the largest automotive exporter in the U.S., Brett Adcock, Figure’s founder and CEO, said the initial tasks include moving bins and boxes and other “various logistics things” inside the BMW body shop. STR is an AMR optimized for intralogistics work in BMW’s automotive factories.

article thumbnail

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

Frost & Sullivan Manufacturing

million xEVs that need to have their original batteries retired due to aging-related erosion of energy storage capacity between 2020 and 2030. between 2020-2030 due to the aging of original batteries. The key driver behind this rapid growth will be the projected 1.9 Frost & Sullivan forecasts a €1.39

Insiders

Sign Up for our Newsletter

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

article thumbnail

Interact Analysis predicts strong global cobot market growth

Robotics Business Review

According to ABI, the market had a global valuation of $475 million in 2020 (slightly lower than Interact’s numbers), which would expand to $600 million in 2021 and $8 billion in 2030, with a projected CAGR of 32.5%. Interact Analysis believes that annual revenue growth for cobots was around 11.9%

Robotics 115
article thumbnail

Mutual Synergies: How Leasing and Electric Vehicles Can Drive Growth in Tandem

Frost & Sullivan Manufacturing

The automotive industry was severely hit by the pandemic, with a 13.6% dip in global car sales in 2020, a more significant slide than during the financial crisis of 2008. In 2020, new electric car sales grew by 40% from 2019 levels, and by 2021, global EV sales reached around 6.5 during 2020-2025. as of 2021.

article thumbnail

Vecna Robotics raises funding, names industry veteran Karl Iagnemma CEO

Robotics Business Review

In 2020, Iagnemma made an angel investment in the company. “I Karl Iagnemma, CEO, Vecna Robotics Tier 1 automotive supplier Aptiv acquired nuTonomy in 2017 for $405 million. “We “I got my Ph.D. At MIT, Iagnemma met Daniel Theobald, a fellow alumnus and founder and chairman of Vecna Robotics, while working on a DARPA project.

article thumbnail

The Benefits of a Smart Connected Commerce for MSMEs in APAC

Frost & Sullivan Manufacturing

In South Asia, India’s MSMEs have one of the highest shares (49% in 2020) in exports. In APAC, exports from MSMEs accounted for approximately $896 billion in 2020. Partner with strong logistics companies for seamless logistics operations, resulting in greater customer satisfaction.

article thumbnail

Volvo launches VNL Autonomous truck equipped with Aurora software

Robotics Business Review

Volvo prioritizes safety and integration Founded in 2020, Volvo Autonomous Solutions said it is addressing the transportation industry’s capacity constraints with safe, sustainable, and efficient autonomous technology. Submit your presentation idea now.

Logistics 122