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The 5th Edition of the Samurai Awards and Conference, held from November 7 to 15, 2024, successfully showcased India’s manufacturing prowess, bringing together visionaries, innovators, and policymakers. on India’s Manufacturing Vision 2030: Leveraging Technology and Talent for Global Leadership. Moderated by B.
Automotive OEMs that successfully integrate carbon net-zero strategies across their value chains will not only achieve regulatory compliance but also secure strategic leadership in a decarbonized global economy. By Thanigesh Arumugam Parthasarathi, Team Leader Mobility Carbon neutrality has become a key priority for global automotive OEMs.
From healthcare advancements to energy storage breakthroughs and fully autonomous manufacturing, technologies at lower Technology Readiness Levels (TRLs) today have the potential to disrupt industries by 2030. Industries like energy generation , pharmaceuticals , and environmental remediation stand to benefit significantly.
Thailand is a key automotive player in Southeast Asia Thailand is one of Southeast Asia’s key automotivemanufacturing hubs, producing 1.8 The Thai government has recently set out an ambitious target through its 30@30 policy, aiming for 30% of all vehicles produced to be electric by 2030.
China’s Dominance in Automotive Sales and EV Growth China leads the light vehicle market: 31.8% China’s Dominance in Automotive Sales and EV Growth China leads the light vehicle market: 31.8% As a powerhouse in the global automotive industry, China is transforming vehicle innovation, electrification, and connectivity.
Automotive data has the potential to reshape business models, open new revenue streams, and improve customer experiences like never before. Read on to learn how automotive data solutions are transforming the connected car landscape and why acting now can set the foundation for long-term, scalable success. billion in 2024 to 2.98
The Australian automotive aftermarket, now in a mature phase, is on a trajectory for significant growth through 2030. The increase in total vehicles in operation (VIOs), coupled with the increasing proportion of aging vehicles, is set to generate robust demand for automotive parts and services. from 2023 to 2030.
Sector calls for government to fast track industrial and trade strategies for automotivemanufacturing. UK vehicle production dipped below one million units in 2024, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). million by 2030. lower than in 2023.
The Bharat Mobility Global Expo 2025, held from January 17 to January 22, 2025, in New Delhi , marked a pivotal moment for Indias automotive industry, reinforcing the countrys commitment to electrification, sustainable mobility, and smart vehicle technologies.
As the automotive sector welcomes new technologies, analysts predict soon-to-come changes “not seen since the Model T Ford rolled into the production line in the early 1900s,” according to market research firm McKinsey. EV battery development is booming The EV market is driving a boom in EV battery development and manufacturing.
News comes as industry calls for urgent action with weak EV demand and unsustainable business costs undermining UK manufacturing. UK car manufacturing output fell -15.3% in October, the eighth consecutive month of decline, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).
A variety of industries — automotive, healthcare, food and beverages, and beyond — are leveraging innovative eco-friendly manufacturing solutions by harnessing sustainable materials. 30 countries have passed single-use plastic bans, accelerating demand for eco-friendly manufacturing.
Polymers featured in automotive innovations A few polymer-related innovations are among the finalists for the 28th annual Automotive News PACE Awards. Winners of the PACE awards, which honor innovations by automotive suppliers that have been commercialized, will be announced Sept. The first customer is Ford Motor Co.
SMMT partners with Mission Automotive to launch veterans career guide and boost recruitment of ex-Armed Forces personnel. Veterans offer years of relevant expertise and transferable skills, making them mission-ready for a long-term, well-paid automotive career.
The automotive industry has the largest number of robots working in factories around the world, says the International Federation of Robotics (IFR). The automotive industry effectively invented automated manufacturing,” says Marina Bill, president of IFR, in a press statement. “The
With over 140 years of experience, the company integrates software and engineering to optimize manufacturing, energy, and automation processes. The Munich-based company specializes in combining AI with robotics for user-friendly solutions to complex manufacturing challenges. KUKA’s sales have exceeded €4 billion ($4.2
In the grand energy race of the 21st century, the pulse of global innovation beats inside battery manufacturing plants. The global battery manufacturing market is growing rapidly, fueled by the electric vehicle (EV) revolution and relentless pressure to decarbonize. terawatt-hours (TWh) of new capacity anticipated by 2030.
This challenging climate has resulted in manufacturers and retailers slowing their investment into automation, and the research firm no longer expects a rapid uptick in AMR deployments before 2027. In Interact Analysis’ most bullish prediction scenario, mobile robot shipments could reach nearly two million by 2030.
Prediction predicated on investment that keeps pace with Joe Biden’s $369bn green subsidy spree in US Europe could end its reliance on China for electric car batteries by 2030 but only if it keeps pace with Joe Biden’s $369bn (£298bn) green subsidy spree, experts predict.
The adhesives industry serves as the backbone of key manufacturing processes, spanning automotive , packaging , electronics , aerospace , construction , and healthcare sectors, among others. However, innovative business strategies can help adhesives manufacturers overcome these hurdles and thrive in this transformative market.
Manufacturing for domestic and overseas markets down -20.8% New analysis shows Auto remains UK’s largest exporter of manufactured products, with shipments of cars, vans and components worth almost £47bn. million by 2030. million by 2030. million by 2030. September car output falls -20.6% in the first half of 2024.
“Today’s announcement, in which Ellesmere Port becomes the UK’s first EV-only manufacturing plant and the first Stellantis plant globally dedicated to EVs, is a very visible demonstration that this government has got the right plan for the UK’s automotive sector,” said Kemi Badenoch, secretary of state for business and trade.
The prime minister Rishi Sunak is facing pressure from the car manufacturing industry to renegotiate the ' Trade and Co-operation Agreement' (TCA) with the European Union (EU). Stellantis, which employs more than 5,000 people in the UK, was responding to an enquiry into the supply of batteries for EV manufacturing in the country.
Magna International will manufacture more delivery robots. Under the terms of the new production and purchase agreement, Magna is the exclusive contract manufacturer of Serve’s autonomous systems, supporting its plan to deploy up to 2,000 robots on the Uber Eats platform across multiple U.S.
The Central and Eastern European (CEE) region is emerging as a top investment hub due to its geographic, cost-effective labour, and manufacturing strengths in sectors like automotive, aerospace, and food. annually through 2030, the region is set for economic revival. With projected gross domestic product (GDP) growth of 2.6%
By Gautham Hegde, Senior Research Analyst – Mobility As technological advancements reshape the automotive landscape, consumer preferences for greater connectivity, convenience, personalization, and flexibility are driving significant growth in Feature on Demand (FoD) services.
The electric vehicle markets are shaping up to be more diverse as larger, established companies like Porsche compete with smaller manufacturers. The global EV landscape is also more competitive than the automotive markets of previous decades, as more manufacturers — large and small — compete for space.
Industry outlook highlights strategic importance of Automotive to Britain’s economic recovery, with growth worth £14 billion targeted in 2023. The UK automotive industry has today urged government to take rapid action to secure the long-term future of one of the country’s most important assets, while accelerating its decarbonisation.
UK Automotive calls for cross-party adoption of five pledges as part of an industrial strategy to drive industrial transformation, mobility for all, upskilling, global trade, and clean, affordable energy. Commitment would deliver green automotivemanufacturing growth and consumer choice in a thriving, accessible EV market.
year on year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Doing so would help create the conditions for a 10-fold rise in annual EV production to over 750,000 units per year by 2030. UK car production rose for the fourth consecutive month in May, up 26.9% on May 2019.
China’s electric vehicle (EV) industry is redefining the global automotive landscape, with Chinese car brands now dominating the international stage. By 2030, projections suggest that over 25 million Chinese electric cars will be sold annually, marking a monumental growth trajectory.
ELM Mobility joint venture by Prodrive and Astheimer Design aims for 10,000 one-person quadricycles by 2030 Two British automotive companies have teamed up to build thousands of electric delivery vehicles in the UK – the latest in a line of businesses attempting the risky push into vehicle manufacturing after several prominent failures.
News comes as latest SMMT Automotive Trade Report shows UK global auto trade on track to reclaim £100 billion trading hub status. The Society of Motor Manufacturers and Traders (SMMT) is today urging the EU and UK to strike an immediate agreement to avoid damaging Brexit tariffs on electrified vehicles.
New analysis shows UK automotive sector can fuel £50 billion of green growth over next decade – with the right conditions in place. UK light vehicle manufacturing could deliver more than a million EVs a year by 2035, growing sector’s value by 5% on current outlook. million new zero emission cars on the road during that time.
DUBLIN The report “Strategic Insights into the EV Manufacturing Ecosystem” projects the global electric vehicle market to grow from 15.7 Automation and AI-driven manufacturing processes will play a key role in increasing efficiency and reducing costs. million units in 2024 to 46.31 million units by 2035, at a CAGR of 10.3
The report warned that the country was already “rapidly falling behind the EU” on green manufacturing investment and called for the government to provide cash incentives for green manufacturing businesses to set up in the UK. per cent, according to figures from the Office for National Statistics (ONS).
New global research commissioned by ABB Robotics and AutomotiveManufacturing Solutions, revealed that 59 per cent of respondents believe the shift to pure EV production is not achievable within current legislative timelines. Magazine What Car?
Vulcan Energy Resources Limited and Stellantis have inked a Binding Term Sheet (BTS) for the first phase of a multiphase project to decarbonise the Rüsselsheim manufacturing site in Germany’s Upper Rhine Valley by building new geothermal projects. “I am happy about the partnership of Stellantis, and Vulcan Energy announced today.
UK car manufacturing output falls -7.0% Ahead of general election, SMMT’s Manifesto 2030 sets out steps for next government to secure future success for UK Automotive on road to zero emissions. UK car manufacturing output fell by -7.0% UK car manufacturing output fell by -7.0% as exports fall -12.7%.
Image: Poobest/stock.adobe.com ABI research director Eric Abbruzzese spoke to Manufacturers Monthly about the rising adoption of Extended Reality (XR) technology among manufacturers. Working closely with the survey, Abbruzzese said aside from those implementing, there is a larger number of manufacturers considering XR technologies.
One such beneficiary is automotive audio technology – basic audio, surround sound, and 3D audio – which, in North America alone, is set to grow from a $3.33 billion in 2030. Growth in the automotive audio market is being propelled by connectivity trends that are supporting continuously improving in-vehicle audio entertainment.
The automotive industry has the largest number of robots working in factories around the world: Operational stock hit a new record of about one million units. The automotive industry effectively invented automated manufacturing,” says Marina Bill, President of the International Federation of Robotics. “The
“Hyundai will strengthen its position…by expanding beyond vehicle manufacturing to various forms of mobility. The company aims to have a full EV lineup of 21 models by 2030 and is set to develop new, affordable NCM batteries and safety technologies. million units by 2030 and achieving 2 million EV sales by the same year.
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