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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. renewable energy adoption in manufacturing is projected to exceed 50% of the total energy mix by 2030.
Each session offered invaluable insights into Indias manufacturing vision for 2030, strengthening its path to becoming a global leader. on India’s Manufacturing Vision 2030: Leveraging Technology and Talent for Global Leadership.
Latest independent outlook expects factories to turn out some 111,000 light vans this year as sector looks forward to working with new government on an industrial strategy with automotive at its core. Volumes are then expected to go above 130,000 in 2030, providing economic and trading conditions allow.
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 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.
Messe Frankfurt UK, organisers of Automechanika Birmingham, has announced registration is now open for visitors to secure free tickets to its refreshed trade event, the AutomotiveSupplyChain Forum, in association with the Society of Motor Manufacturers and Traders (SMMT).
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.
They are also securing raw materials like lithium and cobalt for a sustainable supplychain. Volkswagen aims for 80 per cent of EV sales in Europe by 2030 and is investing in battery gigafactories under its PowerCo division. Platformization and platform sharing are reducing costs and accelerating production.
The largest economy amongst the Gulf Cooperation Council members, Saudi Arabia, is striving to position itself as the logistics hub of the region with its Vision 2030 initiatives, driving growth in the logistics sector. Under Vision 2030. Global SupplyChain Resilience Initiative.
The largest economy amongst the Gulf Cooperation Council members, Saudi Arabia, is striving to position itself as the logistics hub of the region with its Vision 2030 initiatives, driving growth in the logistics sector. Under Vision 2030. Global SupplyChain Resilience Initiative.
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 automotive manufacturing growth and consumer choice in a thriving, accessible EV market.
A variety of industries — automotive, healthcare, food and beverages, and beyond — are leveraging innovative eco-friendly manufacturing solutions by harnessing sustainable materials. Leading brands aim for 25-50% recycled content in packaging by 2030.
million by 2030. 5 Mike Hawes, SMMT Chief Executive, said, As UK Automotive undergoes its most radical transformation in more than a century, short term production declines were always anticipated, and they represent a temporary adjustment in exchange for long term growth. million by 2030. in the first half of 2024.
New global research commissioned by ABB Robotics and Automotive Manufacturing Solutions, revealed that 59 per cent of respondents believe the shift to pure EV production is not achievable within current legislative timelines. The respondents cited a variety of reasons for their opinions.
AI is no longer a futuristic concept in industrial settingsit is actively reshaping factories, supplychains, and production floors today. Industrial AI Is Driving a Massive Transformation Across industries, AI is revolutionizing manufacturing, logistics, and supplychain management.
News comes as latest SMMT Automotive Trade Report shows UK global auto trade on track to reclaim £100 billion trading hub status. This growth is now threatened, however, as rules that were agreed before the pandemic, war in Ukraine and supply shortages come into force in just 75 days’ time. billion at the end of 2020 to £15.3
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.
Data security and privacy remain major concerns as automakers move to embrace ChatGPT across the automotive value chain. Generative AI-powered Large Language Models (LLM), most prominently ChatGPT, are disrupting the automotive industry. Countries like Russia, China, Iran, Cuba, Syria, and Italy have banned ChatGPT.
Automakers are steering us toward climate catastrophe by failing to decarbonise their steel supplychains. Automotive steel has a massive carbon footprint, but major automakers like Hyundai, Volkswagen and Toyota have not disclosed their steel emissions.
Lithium-ion batteries are at the heart of the transition from fossil fuels, but fundamental supplychain changes are needed to eliminate widespread forced labour and child labour abuses.
The annual ranking from Greenpeace East Asia evaluates the world’s 15 largest traditional carmakers on their phase-out of combustion engine vehicles, supplychain decarbonisation, and resource reduction and circularity. Despite rapid growth in EV sales, combustion engine vehicles continue to dominate the global automotive market.
11,748 units were produced in June, up 23.0%, and it also marks the best first half year for UK van production since 2011, as supplychain constraints continue to ease. UK commercial vehicle (CV) manufacturing grew 16.0% 1 First half year production was 67.0% compared to the same period last year, at 37,803 units. to 20,872 units.
Supplychain shortages subdue new car market to 1.61m units in 2022 – a -2.0% The government’s EV Infrastructure Strategy forecast that the UK would require between 300,000 and 720,000 chargepoints by 2030. 7 UK Automotive calls for urgent action plan to safeguard £14bn recovery as investment deadlines loom.
IPC India Regional Office helps organizations to achieve high-quality end products in the manufacturing process and builds capability in the export market & supplychain. Through market research, we know that electronic systems will account for over 50% of cars’ costs by 2030 (Freescale/NXP). How can you help?
“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.
While the International Aluminium Institute (IAI) reports a global recycling rate of 76%, the demand for aluminum is continuing to rise and is expected to increase 40% by 2030. Even proper sorting isn’t enough for the automotive and aviation industries that require more durable alloys combining aluminum with other materials.
A major transition in the UK’s automotive factories is underway with manufacturers retooling to build the very latest and greenest models. As SMMT’s Manifesto 2030 sets out, whoever forms the next government can build on the billions already invested by industry with five key pledges. Further details can be found here.
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.
By Benson Augustine, Program Manager – Mobility The global automotive aftermarket is witnessing a paradigm shift as circular economy initiatives gain momentum. Revenues of the global remanufactured automotive components market are projected to rise from $27 billion in 2022 to $42 billion by 2030.
Last year, the UK government announced that it would bring forward a ban on the s ales of new petrol and diesel cars and vans in the country to 2030, although the restriction will not affect hybrid vehicles.
According to ABI, the market had a global valuation of $475 million in 2020 (slightly lower than Interact’s numbers), which would expand to $600 million in 2021 and $8 billion in 2030, with a projected CAGR of 32.5%. in 2023, despite a challenging year for manufacturing, tough economic conditions, and supplychain issues.
Chinese Tier 1 automotive suppliers have emerged as pivotal players in the rapidly transforming global automotive market, leveraging their technological capabilities and innovation to capture significant global market share. Strategic partnerships with established global players are another significant growth driver.
Stellantis added there will be “insufficient battery production” in the UK or Europe to meet government targets in phasing out petrol and diesel vehicles by 2025 and 2030. This view was supported by a submission sent by the Society of Motor Manufacturers and Traders (SMMT).
Macro-economic and sector-specific factors such as geopolitical instability, supplychain realignment, growth in e-commerce, increasing CAPEX and OPEX, and the need to improve efficiency are triggering unprecedented disruptions in the commercial trucking industry. Developments around fleets, autonomous, connected and electric (F.A.C.E.)
As supplychain bottlenecks ease, global trade is increasingly on the agenda for boosting automotive sales and the delivery of low emission technologies – but with automotive products subject to geopolitical, environmental and industrial policies, navigating business across multiple time zones is as complex as ever.
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. Overarching both has been the need to foster economic and environment-friendly approaches across the value chain that promote resource optimization, materials reuse, residual value protection, and extended lifetime.
Market Landscape in 2023 For a variety of reasons ranging from supplychain disruptions to macroeconomic headwinds, passenger vehicle and pickup vehicle sales across the five main automotive markets of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam dipped from 3.2 million in 2022 to 3.1 million units in 2023.
The Standard complements additional actions underway by the federal government to develop a robust electric vehicle supplychain and infrastructure that creates good, middle-class jobs and ensures a cleaner, safer environment.
With the EU committed to more than halving its GHG emissions by 2030, it has become imperative for automakers to balance revenues with regulatory compliance, and economics with environmental considerations. In order to pursue this objective, there are plans to operate about 6 battery giga factories in Europe by 2030. 3 GTX, and the ID.2
An increase in demand for healthcare material applications , lightweight automotive materials , sustainable packaging , and antimicrobial materials is opening new avenues. To learn about more growth opportunities for automotive and healthcare materials, view our expert analysis. Nippon Paint Holdings Co.,
Electric vehicles (EVs) are hailed as the greenest cars available, and by 2030 they will account for around 32 per cent of the total market share for new car sales, according to one report. million by 2030. Circulor is working with Polestar, an electric performance car brand, to create a carbon-neutral car by 2030.
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