Robotics Business Review

NOVEMBER 6, 2024

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

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Frost & Sullivan Manufacturing

AUGUST 25, 2024

The extension of EV purchase tax exemptions from 2024 to 2027 is expected to further stimulate industry growth. Key Industry Trends China’s accelerated development of the EV ecosystem is prompting significant shifts within the automotive industry. As a result, the EV market is projected to surge from 8.9 million units by 2030.

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Dinesh Mishra

APRIL 29, 2024

Remarkably, projections suggest that by 2027, India will ascend to the second spot, surpassing the United States. The sheer scale of emissions generated underscores the urgency to transition towards cleaner energy sources.

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Frost & Sullivan Manufacturing

MAY 3, 2024

Amid the automotive industry’s pandemic-induced slowdown, coupled with supply chain constraints and semiconductor shortages, a silver lining is emerging. The data encompasses various powertrains, from petrol and diesel to battery EVs and hybrids, with historical data from 2015 to 2023 and projections from 2024 to 2027.

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Control Engineering

FEBRUARY 7, 2023

AMR Insights Growing at a forecast CAGR of 138% between 2021 and 2027, the development of multi-fleet orchestration platforms has largely mirrored the developments of the Warehouse Control Software segment. Source: [link] Similarly, we’re now reaching a point where multiple types of mobile robot systems are being used for different workflows.

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Frost & Sullivan Manufacturing

JANUARY 10, 2024

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? disruption in the automotive industry. There is massive C.A.S.E

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Automotive Supply Chain Manufacturing Logistics 52

Fabricating & Metal Work

OCTOBER 2, 2023

With the facility, ABB will expand production capacity by 50 percent and strengthen its capabilities to supply the European market, which is expected to grow at seven percent CAGR through 2027 1. Source: Interact Analysis www.abb.com go.abb/robotics Subscribe to learn the latest in manufacturing.

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Canadian Manufacturing

JULY 19, 2024

Oakville will be the sole initial source of multi-energy Super Duty production. In April 2024 the Company announced its decision to delay the launch of BEV production from 2025 to 2027. Production of the current generation Super Duty is forecasted to begin in 2026.

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AU Manufacturing

JANUARY 5, 2023

By 2027, global annual demand for such sensors is expected to grow from 33.5 MEMS sensors first went into widespread use in the automotive industry. Source: Status of the MEMS Industry report, Yole Intelligence, 2022. billion now to around 49 billion units.

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Fit Automation Manufacturing Electronics 52

i4.0 today

DECEMBER 12, 2022

Source: IDTechEx. Nevertheless, IDTechEx believes that the market will start to take off within two years thanks to the ‘smart factory’ proposals by leading automotive manufacturers, such as Audi. Source: IDTechEx. Source: IDTechEx – “Service Robots 2022-2032: Technologies, Players & Markets”.

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Robotics Business Review

SEPTEMBER 24, 2024

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.,

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Automation Mag

APRIL 17, 2023

Overall robot sales slow slightly in Canada, but thrive in automotive and other key industries In 2022, Canadian companies purchased 3455 industrial robots, according to the latest A3 report. million of which will be installed in 2027 alone.”

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Frost & Sullivan Manufacturing

MAY 15, 2023

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.,

Automotive 52

Automotive Supply Chain Sourcing Manufacturing 52

Canadian Manufacturing

MAY 15, 2023

Planned to begin operating in 2027, the plant is expected to be able to make enough batteries for up to one million electric vehicles every year. The spinoff jobs at companies expected to source the supplies this plant needs could number close to 30,000. .’ And I haven’t stopped smiling since.”

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Foley

JULY 11, 2023

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.

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Manufacturing Compliance Supply Chain Form 40

Canadian Manufacturing

APRIL 13, 2023

12 by the Environmental Protection Agency, would set tailpipe emissions limits for the 2027 through 2032 model years that are the strictest ever imposed — and call for far more new EV sales than the auto industry agreed to less than two years ago. to be electric by 2032, a nearly tenfold increase over current electric vehicle sales.

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Automotive Sourcing Supply Chain Manufacturing 40

i4.0 today

SEPTEMBER 16, 2024

Most major battery manufacturers and end batteries applications are exposed including many of the world’s largest automotive, energy storage and electronics brands. Most battery manufacturers and their customers, including automotive companies and grid-scale battery energy storage developers, still don’t have complete supply chain oversight.”

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Supply Chain Automotive Compliance Sourcing 52

Canadian Manufacturing

AUGUST 9, 2022

And those rules become more stringent over time — to the point where, in a few years, it’s possible that no EVs would qualify for the tax credit, says John Bozzella, CEO of the Alliance of Automotive Innovation, a key industry trade group. By 2027, that required threshold would reach 80%.

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Robotics Business Review

NOVEMBER 8, 2024

Source: Arbe Robotics Arbe Robotics Ltd. Source: Arbe Robotics More about the IPO The ordinary shares were accompanied by Tranche A warrants to purchase up to 8.2 The Phoenix Perception Radar enriches algorithms for advanced capabilities including free space mapping, object tracking, and SLAM.

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Robotics Robotics Sourcing Automotive 52

Frost & Sullivan Manufacturing

OCTOBER 25, 2024

By Thirumalai Narasimhan, Industry Analyst – Mobility Software-defined vehicles (SDVs) are revolutionizing the automotive industry, shifting the focus from mechanical features to software-driven innovations like driver assistance, connectivity, and convenience services. Cross-industry collaboration will be critical.

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Canadian Manufacturing

AUGUST 26, 2022

s Laurie Holmes said the company plans to spend $25 billion by 2025 on electric vehicles and hopes to offer seven models by 2027. Transportation is the single largest source of emissions in the state, accounting for about 40% of the state’s greenhouse gas emissions. But the transition will be painful for the state’s oil industry.

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