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Source: IFR World Robotics The International Federation of Robotics’ latest World Robotics report recorded 4,281,585 units operating in factories worldwide in 2023. It expects growth to accelerate in 2025 and continue in 2026 and 2027. Source: IFR China is by far the world’s largest market for automation. In the U.K.,
Source: Zoox Zoox Inc. Zooxs purpose-built robotaxis dont have traditional manual controls. last week filed a Part 573 Safety Recall Report with the National Highway Traffic Safety Administration, or NHTSA. The company provides over 200,000 paid trips per week across its deployments in San Francisco, Phoenix, Los Angeles, and Austin.
Source: CynLr CynLr, or Cybernetics Laboratory, today said it has raised $10 million in Series A funding. Source: CynLr Investors support universal factory concept Pavestone, Grow X Ventures, and Athera Ventures (formerly Inventus India) led CynLr’s Series A round, which brings its total funding over two rounds to $15.2
HRI) recently released the results of the Harbour IQ in-depth study on the current state of the automotive vendor tooling industry. The analysis indicates automotive vendor tooling spend in North America will increase year-over-year at a rate of 13.4%, resulting in $8.3 Photo Credit: Getty Images. Harbour Results Inc.
Source: Waymo Waymo LLC is officially bringing its robotaxi services to Washington, D.C., Waymo has tested its autonomous driving system in 15 states and on millions of miles of public roads.
Highlights of flagship automotive aftermarket trade event include more than 500 exhibitors, 1000 brands,1500 product categories, and strong domestic, regional, and international representation amidst focus on mobility ecosystem development and growth acceleration. lakh registered visitors. Roger Motors Pvt Ltd., and many, many more.
Under guidance released in April by the US Department of Treasury following the Inflation Reduction Act, effective April 18, 2023, only EVs that fulfill specific mineral sourcing and battery pack content requirements will qualify for tax credits. Subject to a price cap (i.e.,
Source: Foxconn Hon Hai Technology Group, better known as Foxconn, this week said they plan to jointly build an advanced computing center in Kaohsiung, Taiwan. The electronics manufacturer will contribute its production scale and said it expects to complete the center by 2026. The companies made the announcement at Computex 2024.
Smart Eye, the leading developer of DMS software for the automotive industry, today announced a breakthrough order from a major Korean car manufacturer. The combination of driver monitoring and cabin monitoring software, known as automotive interior sensing, is the next step in the evolution of in-cabin sensing technologies.
The plan supports a mix of nuclear, hydroelectric, renewable, natural gas, and biomass energy sources. The Independent Electricity System Operator (IESO) is responsible for creating a procurement design framework by September 20, 2024, and concluding the procurement by February 28, 2026.
Source: ABB After a challenging year for autonomous mobile robot, or AMR, providers, industry leaders are continuing to consolidate. “ABB’s analysis estimates the market for mobile robots to grow at 20% CAGR [compound annual growth rate] through 2026, from $5.5 billion to $9.5 and Germany.” and Germany.”
Mitchell, IPC President and CEO , “We are excited about current manufacturing opportunities in India which is forecasted to bring the Indian electronics industry to US$300 billion by 2026, from US$75 billion presently. India is poised to become a global manufacturing hub, exporting approximately US$120 billion by 2026. About IPC India.
Source: Aurora Innovation Autonomous trucks are picking up funding. With runway well into 2026, Aurora said it expects this incremental capital to fund the initial phase of its scaling strategy. Autonomous trucks from Volvo and others use Aurora Driver, SAE Level 4 self-driving technology. Aurora Innovation Inc.
After a subdued, pandemic-affected 2020, the global automotive aftermarket bounced back in 2021. From 2022 to 2026, Frost & Sullivan projects a CAGR of 6.1% The post Five Key Trends Will Underpin a Robust Outlook for the Global Automotive Aftermarket in 2022 and Beyond appeared first on Frost & Sullivan. over 2021-2022.
Smart Eye, the leading developer of DMS software for the automotive industry, will deliver its technology to a new car model by an existing customer. This OEM has previously sourced Smart Eye’s software for implementation in several of its earlier car models and has now chosen to extend the technology to a new vehicle.
Production is expected to start in the second half of 2026 and continue through 2033, with peak supply anticipated in 2029. Additionally, the US will impose a 25 per cent tariff on rare earth magnets from China starting in 2026.
Source: Waymo Waymo LLC yesterday announced that it will be bringing its autonomous vehicles to Tokyo for its first international “road trip.” Through its new fleet partnership with Moove, the company’s Waymo One robotaxi service will be open to riders in Miami in 2026.
(HRI), a leading authority to the manufacturing industry, recently released the results of the Harbour IQ in-depth study on the current state of the automotive vendor tooling industry. The analysis indicates automotive vendor tooling spend in North America will increase year-over-year at a rate of 13.4% resulting in $8.3B
Lithion St-Bruno will process over 15,000 tons of lithium-ion batteries annually, sourced from electric, hybrid and plug-in hybrid vehicles as well as non-conforming materials from cells and battery manufacturing, to produce Lithion’s signature critical minerals concentrate.
Under the intended binding agreement, Rock Tech has agreed to deliver up to 10,000 tonnes per year of its planned production to the premium manufacturer and its partners starting in 2026. The two companies made the announcement on Aug. 23 during a visit to Canada by a business delegation from Germany led by Chancellor Olaf Scholz.
million by 2026 from $613.7 With sustainability becoming the overarching theme across industries, focus on electric vehicles (EV), hydrogen fuel cells, and renewable energy sources is growing,” said Ram Ravi, Industry Principal at Frost & Sullivan. Therefore, the global dimensional software market is expected to reach $850.4
What do you see as some of the general trends in the Indian automotive industry? The global automotive industry has undergone significant transformation, with this process starting around 2018-2019. What is your vision for the global and the Indian automotive industry for the next five years? We continue to grow fast.
Wherefore will go Alberta in circumstances where their oil sands will no longer be a source of fossil fuels to be burned for energy and transportation? It is largely produced using liquefied natural gas as the material source. The earlier project start date would be September 1, 2023, with a completion date on August 31, 2026.
18’s announcement that Ford Motor Company will begin production of F-Series Super Duty trucks at the Oakville Assembly Complex in summer 2026 as well as both conventional and electrified versions of the Super Duty later this decade. Production of the current generation Super Duty is forecasted to begin in 2026.
million EVs a year by 2026. Our Perspective The EV segment was the bright spark in a relatively dull global automotive market in 2022. Hydrogen has long been considered a promising, green alternative to traditional fossil fuel energy sources. Toyota has been bullish on hydrogen technology to power its fuel cell EVs (FCEVs).
IDTechEx’s new PIC report thoroughly investigates the PIC market and has identified Photonic Transceivers for AI as an emerging segment that will soon be the largest source of demand for PICs. Source: IDTechEx What are the PIC materials of the future? There is a wide variety of future PIC materials.
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.”
Sources familiar with the details say the two sides have been working on extending the agreement to cover the length of the Canada-U.S. defines foreign automotive content. The agreement is due to be reviewed in 2026, and a lot could happen — especially on Capitol Hill and in the White House — between now and then.
That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. Construction will begin immediately on the project, with operations expected to begin in 2026. LLC, a JV that will spend $8.5 billion pounds.
Overall, the company plans to invest three billion euros in its semiconductor business, and thus also in sensor development and manufacturing, by 2026 as part of its investment plan. MEMS sensors first went into widespread use in the automotive industry. Source: Status of the MEMS Industry report, Yole Intelligence, 2022.
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.
To learn more, the new IDTechEx report, “ Electric Cars 2023-2043 “, provides a deep dive into future automotive markets with granular forecasts. Source: IDTechEx – “ Electric Cars 2023-2043 “ . Indeed, electric car sales for the first half of 2022 reached ~3.5 million, according to IDTechEx research.
To add to the annus horribilis that was 2020, supply chain disruptions and global semiconductor shortages ravaged the global automotive industry. Semiconductors in Automotive Supply Chain. million vehicles in 2021. The Act was signed into law by US President Biden on August 9, 2022. Strong Legislation. Why it is Important.
As a result, businesses are taking action to rebalance operations closer to home, localizing sourcing and production, to reduce risk and cost. By 2026, 73 percent of Canadian companies plan to buy key items from regional supplies, while 91 percent plan to produce and sell most products in the same region. What’s next?
Some of the more prominent decarbonization technologies and their adoption have been highlighted below: Prominent technologies Renewable Energy : Renewable energy sources such as solar, wind, hydro, and geothermal power are naturally replenished and have a low carbon footprint. This rate is about half of what it was in the previous decade. [4]
The first mandated threshold comes in 2026, when one-third of all vehicles sold in the state must be zero-emission. Transportation is the single largest source of emissions in the state, accounting for about 40% of the state’s greenhouse gas emissions. Automakers could be fined $20,000 per vehicle sold short of that goal.
Source: Dassault Systmes Dassault Systmes S.E. 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. Both KUKA and Dassault will be showing their products at the 2025 Robotics Summit & Expo.
Source: Waymo Waymo is bringing its robotaxis to Miami. Through its new fleet partnership with Moove, Waymo said its Waymo One robotaxi service will be open to riders in Miami in 2026. Waymo is outsourcing its fleet operations, facilities, and charging infrastructure to its new partner Moove.
Theres a lot of optimism and a lot of signals right now that 2025, and even into 2026 and 2027, being strong years for automation, Alex Shikany, executive vice president of A3, told The Robot Report last week at Collaborate North America 2025. What’s going on in the automotive industry? in units and 0.1% in revenue over 2023.
Source: Frost & Sullivan While tariff policies aim to bolster domestic manufacturing, they may push 2025 inflation closer to 5.0%, up from Frost & Sullivans December 2024 projection of 4.4%, due to higher import costs and economic uncertainty. Exhibit 2: Trump 2.0
automotive sector has been significantly shaped by legislation like the Infrastructure Investment and Jobs Act, the Inflation Reduction Act (IRA), and the CHIPS and Science Act. The Chinese Factor Tariffs on imported vehicles and automotive parts will be a cornerstone of Trump’s “America First” agenda.
automotive sector has been significantly shaped by legislation like the Infrastructure Investment and Jobs Act, the Inflation Reduction Act (IRA), and the CHIPS and Science Act. The Chinese Factor Tariffs on imported vehicles and automotive parts will be a cornerstone of Trump’s “America First” agenda.
automotive sector has been significantly shaped by legislation like the Infrastructure Investment and Jobs Act, the Inflation Reduction Act (IRA), and the CHIPS and Science Act. The Chinese Factor Tariffs on imported vehicles and automotive parts will be a cornerstone of Trump’s “America First” agenda.
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