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REE Automotive Announces Global Manufacturing Agreement with Leading Automotive Supplier Motherson Group Making Strategic Investment in a $45.35 Million Registered Direct Offering Led By M&G

i4.0 today

We look forward to facilitating REE’s growth and technological advancement by expertly managing its supply chain and utilizing our world-class engineering and manufacturing capabilities to drive commercialization and industrialization. About REE Automotive REE Automotive Ltd.

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Explore Global Innovation Hub for Manufacturing

i4.0 today

This event will bring together six leading exhibitions, providing a comprehensive platform for innovation and synergy across key industries in the world of advanced manufacturing, including automotive, electronics, smart display and advanced materials industries.

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The Coretec Group Resolves Closing Conditions to the Definitive Share Exchange Transaction with Core Optics

i4.0 today

Since the signing of the share exchange agreement, Core Optics’ revenue continues to rapidly increase, as does its backlog of orders from the automotive market, exemplifying the Company’s market opportunity with Endurion. Korea is a leading country in battery manufacturing and technology. Today Magazine.

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Hillcrest Energy Technologies provides update on demo with European automotive OEM

Canadian Manufacturing

Hillcrest announces the successful completion of dynamic load bench tests involving Hillcrest’s 250-kilowatt, 800-volt SiC inverter with a prominent European Automotive Original Equipment Manufacturer (European OEM). The Company announced completion of the first milestone in April 2023.

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Automotive lidar’s role growing because of increased use of autonomous vehicles

Control Engineering

IDTechEx is predicting the automotive lidar market to grow to $8.4 Why lidar is important for automotive applications Various sensors are essential to enable ADAS and AV systems, including cameras, radars, ultrasonic systems, etc. Ultrasonic systems are very cheap but have a very short detection range.

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Exro signs MoU with European-based global automotive supplier

Canadian Manufacturing

signed a Memorandum of Understanding (MoU) for strategic partnership with an undisclosed development partner (NDA), a multi-national company that is a direct supplier to the global automotive industry. CALGARY — Exro Technologies Inc., “We are absolutely thrilled to welcome our next strategic partner,” said Exro CEO Sue Ozdemir.

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Why Are Manufacturers Switching to a new Aluminum Alloy for Additive Manufacturing?

Fabricating & Metal Work

With weight-reduction being a priority for industries such as motorsports and aerospace, many manufacturers have recently turned to the lightweight aluminum-silicon-magnesium based alloys, such as F357 and AlSi10Mg, when 3D printing parts for everything from race cars to rockets. What’s the Attraction?