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Unlocking Growth in the Automotive Industry in Mexico, Brazil and The Caribbean

Frost & Sullivan Manufacturing

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.

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RBR50 Spotlight: Dexterity stacks AI, robotics for truck loading

Robotics Business Review

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.

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Sevensense acquisition to add VSLAM smarts to mobile robots, says ABB

Robotics Business Review

“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

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ABB Acquires Sevensense, Expanding Leadership in Next-generation AI-enabled Mobile Robotics

i4.0 today

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.

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Hyundai targets 5.55M total sales and 2M EV sales by 2030

Canadian Manufacturing

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.

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Need for Supply Chain Solutions Boosts Global Freight Visibility Demand

Frost & Sullivan Manufacturing

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

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Ford announces 3,800 job cuts including major UK losses

E&T

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.