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Latin America , Central America , and the Caribbean are witnessing unprecedented automotive growth, propelled by emerging technologies, changing consumer preferences, and innovative business models. This growing sector aligns with consumer needs for flexible, convenient car access, enhancing the automotive industry in Mexico.
It is working with Sumitomo as a distributor for its robotics-as-a-service (RaaS) offering in Japan, with a goal of deploying 1,500 systems by 2026. Register now. Explore the RBR50 Robotics Innovation Awards 2024.
“The decision to transition from partnership to ownership of Sevensense fulfills part of ABB Robotics’ investment strategy, which focuses on innovative AI solutions with the power to transform industries such as logistics and manufacturing,” said Segura. ” ABB did not disclose how much it paid for Sevensense. billion to $9.5
Globally, Ford is planning to invest over $50bn in EVs through to 2026, which includes various European manufacturing announcements made in 2022. The company is also targeting carbon neutrality across its European facilities, logistics and key suppliers by 2035.
Following pilot customer projects in the automotive and logistics industries, ABB will integrate Sevensense’s technology into the company’s AMR portfolio, offering an unprecedented combination of speed, accuracy, and payload. Other automotive manufacturers will roll out the technology in the UK, Finland and Germany.
Frost & Sullivan’s recent analysis, Global Freight Visibility Growth Opportunities , finds that the need for real-time freight visibility gains importance among the logistics and transportation stakeholders. billion by 2026 from $18.85 As a result, the global supply chain management platform market will likely reach $32.31
Hyundai will further invest in autonomous vehicle technology, develop next-generation infotainment systems, and introduce the SDV Pace Car equipped with High-Performance Vehicle Computer (HPVC) architecture by 2026. It will also focus on expanding the HTWO fuel cell system lineup and launching a clean logistics business starting with HMGMA.
FirstElement Fuel team members break for a photo at the Company’s hydrogen logistics hub and field-testing facility located in Livermore, CA. The facility is home to a one-of-a-kind field-testing facility for liquid hydrogen cryopump systems. IRVINE — FirstElement Fuel Inc., announced that it has received a $7.7
Brakes India is a leading automotive component supplier both to the domestic Indian market and to global markets. How has the automotive and the allied auto components sector, both in India and globally, transformed over the last couple of years? For India, the rapidly growing auto market is expected to reach $300 billion by 2026.
Replacing the existing robotics facilities at the site, the new Campus is planned to open in late 2026. Our Robotics Campus will help us to serve our customers more efficiently and support new and existing sectors like automotive, electronics, logistics, healthcare, e-commerce and pharmaceuticals to unlock the full potential of automation.”
Strong seasonal demand for bottled water and other beverages played a role in earlier PET price increases, as well as a lack of new capacity and freight and logistics challenges. Construction will begin immediately on the project, with operations expected to begin in 2026. LLC, a JV that will spend $8.5 billion pounds.
Leveraging the intelligent cockpit and advanced driver-assistance systems software of XPENG, they will be sold under the Volkswagen brand in China with production expected to start in 2026, reinforcing VW’s in “China for China strategy” and helping XPENG promote its E/E platform in Europe as well.
By 2026, 63% of companies in India intend to buy most key items from regional suppliers, up from 34% today. Even more organizations (77%) in India plan to produce and sell most of their products in the same region by 2026, up from 29% today. billion in 2026, according to the report.
Industrial connectivity IOT Analytics reports “by 2026, more than 50 percent of all products sold by original equipment manufacturers (OEMs) will be IoT connected” and “the number one benefit of connected IoT projects is generating deep insights into customer usage of their products and services (67 percent).”
Returning after a gap of five years, this year’s SMMT Connected event brought together senior representatives from automotive and government, technology and infrastructure to discuss the future of personal mobility and mass transport.
Its top verticals are transportation/logistics, retail, manufacturing, healthcare, entertainment, and construction. Deutsche Telekom presented “IoT Satellite Connect”, a connectivity service leveraging GEO satellite for transportation & logistics, agriculture, and critical infrastructure monitoring applications like mining, oil & gas.
While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.
The project aims to supply 300 kt of green hydrogen from 2026, which will increase to 5.5 million tonnes per year by 2045. The project will integrate up to 4GW of solar and wind energy to produce up to 1.2 million tonnes of green ammonia, which translates to up to 600 tonnes per day of carbon-free hydrogen.
With more than 4 million industrial robots operating in factories worldwide in 2024, the IFR said it expects the annual number of installations in 2026 to increase to 718,000. The event will have a total of more than 50 sessions in tracks on AI, design and development, enabling technologies, logistics, and healthcare.
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