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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

Pursuant to the agreement, Motherson will manage sourcing and supply chain of all production parts and support the assembly of the REEcorner® and REE P7 electric trucks, the first full by-wire, software-driven certified medium duty electric truck available on the market today. About REE Automotive REE Automotive Ltd.

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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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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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Chiplet Market Growth Forecast to US$411 Billion by 2035

i4.0 today

It also reduces manufacturing costs, improves yield rates, and enhances supply chain resilience by enabling sourcing from multiple suppliers. Automotive Industry: The integration of diverse functionalities supports automotive innovations. PCs: Enhanced performance and customization are key drivers. Today Magazine.

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Rock Tech Lithium and Transamine form joint venture to secure supply of spodumene

Canadian Manufacturing

and Transamine Holdings and Investments Limited announce that they have entered into a definitive agreement to form a joint venture entity called “RTT Lithium SA” RTT shall identify, pursue, and secure the supply of and to establish a new route for lithium-bearing spodumene for the Company’s planned European lithium converters.

Form 45
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Proactive Legislation Adds Impetus to China’s Intelligent and Connected Vehicle (ICV) Market

Frost & Sullivan Manufacturing

In 2021, the Cyberspace Administration of China (CAC) issued a draft of the Provisions on Management of Automotive Data Security for public comment. Competition Intensifies The Chinese connected and autonomous mobility market has a wide range of participants, from tech companies and start-ups to Tier I and II automotive suppliers.