Remove 2027 Remove Automotive Remove Sourcing
article thumbnail

UR survey shows 48% of manufacturers plan to invest in AI

Robotics Business Review

Source: Universal Robots The artificial intelligence market is projected to reach $407 billion by 2027, with an annual growth rate of 37.3%, according to Forbes. They came from various industries, primarily manufacturing, healthcare, food and beverage, and automotive.

article thumbnail

Chinese automaker to use UBTECH humanoid

Robotics Business Review

Source: Ubtech Technologies Dongfeng Liuzhou Motor, a subsidiary of Chinese automaker Dongfeng Motor Corporation, signed an agreement for UBTECH’s Walker S humanoid robot. We aim to enhance manufacturing capabilities and promote humanoid robots in the automotive industry,” Changbo told CarNewsChina. m tall (around 5.58

Insiders

Sign Up for our Newsletter

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

article thumbnail

Brexit ‘cliff edge’ poses threat to UK electric car production, warns industry chief

The Guardian Manufacturing

Head of SMMT raises concerns over tightening of trade rules from January on vehicles exported from UK to EU The growth of electric car production in Britain is under threat from a Brexit “cliff edge” in January unless the EU agrees to delay new trade rules until 2027, industry leaders have warned. Continue reading.

article thumbnail

ADAS and Autonomous Cars Present a US$500 Million Opportunity for LWIR Cameras

i4.0 today

As discussed in IDTechEx’s new report, “ Infrared (IR) Cameras for Automotive 2025-2035: Technologies, Opportunities, Forecasts ”, LWIR (long-wave infrared) camera technologies could drive the improvement of AEB systems in darkness and adverse weather conditions. The market penetration of AEB in China lags behind Europe and the US overall.

article thumbnail

Arbe Robotics to bring in up to $49M in IPO for perception radar systems

Robotics Business Review

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.

article thumbnail

NEO Battery forms collaboration agreement with Lotus Energy Recycling

Canadian Manufacturing

NEO and Lotus intend to develop a silicon anode product to co-market directly to battery cell, electronics, and automotive manufacturers. NEO Battery aims to enhance the commercial viability and compatibility of recycled silicon as a reliable raw material source for its silicon anode materials.

Form 52
article thumbnail

Strategic Investments and Policy Support to Sustain Growth in China’s Electric Vehicle Industry

Frost & Sullivan Manufacturing

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.