This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The new projects include three 200mm and fifteen 300mm facilities, the majority of which are expected to begin operations from 2026 to 2027. In 2025, the Americas and Japan are the leading regions with four projects each. The China and Europe & Middle East regions are each tied for third place with three planned construction projects. .
billion plant in Ontario’s Niagara Region that will make a key electric vehicle battery component as part of Honda’s supplychain in the province. assembly plant, which it is retooling to produce fully electric vehicles as part of a $15-billion project to create a supplychain in the province for the automaker.
Global 300mm Fab Equipment Spending to 2027 MILPITAS — Global spending on 300mm fab equipment is expected to reach US$400 billion from 2025 to 2027, SEMI highlighted in its quarterly 300mm Fab Outlook Report to 2027 report. billion in 2027. billion in 2024, and further increase by 24 per cent to US$123.2
MILPITAS — Global 300mm fab equipment spending for front-end facilities is forecasted to reach a record US$137 billion in 2027 after topping US$100 billion for the first time by 2025 on the strength of the memory market recovery and strong demand for high-performance computing and automotive applications, SEMI highlighted on Mar.
A report by the renewable energy campaign group Transport & Environment said the EU was on track to produce enough lithium-ion battery cells by 2027 to meet demand and cut China from supplychains. “Li-ion” Li-ion” batteries are rechargeable and used in consumer electronics and electric cars. Continue reading.
IME is being commercialized in a few consumer and industrial products ahead of what is anticipated to be the bigger mid-term opportunity: IME adoption in the automotive sector. The initial focus was on IME parts to replace mechanical switches with capacitive switches, particularly for automotive (dashboard switches).
Manufacturers are turning to automation to cope with rising inflation, labour shortages and supplychain delays. million by 2027 , increasing at an annual growth rate (CAGR) of 7.05 per cent from 2022 to 2027. In Australia, industrial robotics is expected to reach US$34.41
The eCommerce boom, digital platforms, and mobile on-demand services are transforming the automotive aftermarket across the Gulf Cooperation Council (GCC) region. The absence of a robust local manufacturing base for automotive components has made the region extremely import dependent. billion in 2028.
By 2027, sectors like automotive, aerospace, and electronics will lead the way by integrating automation, artificial intelligence (AI), and Internet of Things (IoT) to revolutionize operations. As supplychain issues, labor costs, and the need for sustainable practices challenge the industry, adopting digital solutions is crucial.
After a lengthy period of campaigning for a solution to the challenge of tougher UK-EU rules of origin on EVs, this week delivered a breakthrough as the European Commission responded with a proposal that would edge our respective automotive industries back from the brink.
By 2027, sectors like automotive, aerospace, and electronics will lead the way by integrating automation, artificial intelligence (AI), and Internet of Things (IoT) to revolutionize operations. As supplychain issues, labor costs, and the need for sustainable practices challenge the industry, adopting digital solutions is crucial.
The partnership will aid the Company’s sustainable route-to-commercialization and supplychain resiliency for input materials. NEO and Lotus intend to develop a silicon anode product to co-market directly to battery cell, electronics, and automotive manufacturers. TORONTO — NEO Battery Materials Ltd.,
Ghana Automotive Sector Article With a large overall market and several well developed automotive manufacturing centres, Africa’s automotive profile is on the rise. units by 2027. Ghana’s Automotive Sector According to Ghana JET, the countries’ automotive sector is worth $4bn with 15% CAGR. There are 3.2m
This is particularly so as manufacturers turn to automation to cope with rising inflation, labour shortages and supplychain delays. million by 2027, increasing at an annual growth rate (CAGR) of 7.05% from 2022 to 2027. In Australia, industrial robotics is expected to reach US$34.41
Market participants to focus on diversifying supplychains, developing user-centric intelligent features, and collaborating with local governments to bridge infrastructure gaps. The extension of EV purchase tax exemptions from 2024 to 2027 is expected to further stimulate industry growth. million units by 2030.
The 48C program, which provides 30% investment tax credits for selected clean energy manufacturing projects, is designed to support secure and resilient domestic clean energy supplychains. Ballard plans to use the $54 million in tax credits to support the build-out of a new fuel cell Gigafactory in Rockwall, Texas.
Therefore, while silicon semiconductors will continue to dominate for the next three to four years, Frost & Sullivan projects that they will be overtaken by SiC and GaN semiconductors over 2027 to 2030. Meanwhile, OEM adoption of 800V electrical architecture will result in a doubling of WBG semiconductor content in EVs over 2026 to 2027.
While serving the needs of both the automotive and industrial markets, the new technology is particularly optimised for traction inverters, the key component of electric vehicle (EV) powertrains. The company plans to introduce further advanced SiC technology innovations through 2027 as a commitment to innovation. Today Magazine.
Those positions will be filled by workers represented by Unifor who had previously been expected to return to work in 2027 after Ford announced earlier this year it was delaying the start of electric vehicle production at the plant by two years. The company says the move will support 1,800 jobs at the plant.
The automotive industry remains the largest customer for the robotics industry in India with a share of 31% in 2021. Outlook for India “As a result of the recent supplychain disruption, companies are rethinking their nearshoring strategies in Southeast Asia,” says Marina Bill. billion, a 21.61% increase from 2020.
ST and Ampere share a common vision for more sustainable mobility and this agreement marks another step forward in improved power performance to further contribute to concrete improvements to carbon emissions reduction by the mobility industry and its supplychain.” Further information can be found at www.st.com.
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? VK: Post-covid, there were some disruptions in the global supplychain.
The global automotive market has witnessed a rapid demand surge for EVs over the past two years. Despite the COVID-19 pandemic severely impacting the automotive market, EV sales saw record growth in 2020 and 2021. All major automotive OEMs are working towards the development of 800V EV systems in the current and future offerings.
With supplychains having stabilized, manufacturing output has been rising to keep pace with surging demand. The US government’s agenda foresees a national network of 500,000 EV chargers by 2030, at least 50% of vehicle sales to be electric by 2030, and100% zero-emission federal fleet procurement by 2027.
Amid the automotive industry’s pandemic-induced slowdown, coupled with supplychain 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.
Blockchain: Blockchain technology ensures transparent and secure tracking of supplychains and transactions, improving traceability, reducing fraud, and enhancing supplychain management. I served as Chief of SupplyChain Management from 2018 to 2024. Meshmix Media Private Ltd. Future Outlook 1.
Both China and India are forecast similar levels of growth through to 2027, but China’s manufacturing dominance means there is realistically little chance of India catching it, particularly without a similar infrastructure and supplychain ecosystem in place.
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.
Rivals like Volkswagen and Toyota have also announced efforts to produce solid-state EVs, with Toyota setting a date of 2027-28 to begin bringing them to market. But substantial challenges remain before the technology reaches commercial mass production.
A report by Interact Analysis indicates the future overall for the cobot market is strong as manufacturers continue to look to automation to improve their supplychain and logistics issues. There have been over a hundred large orders placed in the automotive and non-industrial sectors, driving down average prices.
In April 2024 the Company announced its decision to delay the launch of BEV production from 2025 to 2027. Super Duty truck production will replace previous production plans to build Battery Electric Vehicles (BEV) in Oakville. The delay would have resulted in Unifor Local 707 members being laid off for more than three years.
Ever since the occurrence of COVID, global supplychain disruption has been a massive pain point across the globe. 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. Industry 5.0
“CynLr manages an extensive supplychain of 400+ parts sourced across 14 countries and will expand its manufacturing capacity to achieve the goal of deploying one robot system per day and reach the $22 million revenue milestone by 2027,” said Gokul NA.
The new plant is a part of Ontario’s growing end-to-end EV and battery supplychain, accelerating the production of Ontario-made EVs. With phase one expected to be complete in 2027, the separator plant is projected to produce enough material to supply approximately one million EVs annually and create more than 300 jobs in the region.
A variety of industries — automotive, healthcare, food and beverages, and beyond — are leveraging innovative eco-friendly manufacturing solutions by harnessing sustainable materials. billion expected global investment in chemical recycling technologies by 2027, curtailing material-related carbon emissions.
With countries around the world accelerating their efforts to attract international investment in advanced manufacturing, Britain’s automotive sector has called on all political parties to back the UK by committing to five key pledges as part of a dedicated industrial strategy.
The news follows recent announcements of significant investment into advanced automotive manufacturing, with some £4 billion committed by Government and industry combined in November alone, a massive vote of confidence in the sector.1 1 Production for both the home and overseas markets grew in October, up 23.9% to 751,422 units.
Growth is expected to return once new models come on stream, with car and light van production forecast to head back above one million units in 2027 and with the potential to surpass 1.3 In the year to date, a 6.5% rise in output for the UK was not enough to offset a -14.4% to 592,862 units, since January. million by 2030. million by 2030.
The small city in southwestern Ontario steeped in automotive manufacturing history is set to boom again with the creation of a huge new electric-vehicle battery plant. Construction is set to begin next year and completed by 2027. Thomas, Ont., wakes up with one on his face and it’s there when his head hits the pillow at night.
This required percentage share will increase from 40% to 50% in 2024, 60% in 2025, 70% in 2026, and 80% in 2027. Like the mineral sourcing requirement, the required share of battery pack content will also progressively increase: 60% in 2024 and 2025, 70% in 2026, 80% in 2027, 90% in 2028, to finally 100% in 2029.
When completed, this gigafactory will represent a significant milestone in the end-to-end auto and EV battery supplychain growing across the province. Its strategic location about 30 km south of London, Ontario, is at the heart of the Great Lakes Automotive Corridor and near major cities such as Toronto and Detroit.
After the supplychain challenges that have tested the mettle of the sector in recent years, recovery is now firmly underway – and it’s green recovery at that. Further afield, SMMT has been supporting the UK pavilion and 10 UK companies in promoting UK Automotive at the Daegu International Future Auto Expo (DIFA).
And producing the batteries that power them requires a solid supplychain. 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. .'” Volkswagen has sold cars in Canada for decades, but it has never made them here.
Ottawa and the provinces have been betting big that shoring up Canadian supplychains is important to the country’s economic future. assembly plant from next year to 2027. Hegadorn called the review a “positive” step, hoping the outcome would revitalize the project in his home town. Ford Motors Co.
We organize all of the trending information in your field so you don't have to. Join 45,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content