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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.
This week’s discussion with Ministers and major automotivemanufacturers about the EV transition was an important reminder of the industry’s support for UK economic growth and decarbonisation. Securing the attractiveness of our country for investment requires a competitive manufacturing base, which in turn needs a healthy market.
Automotive OEMs that successfully integrate carbon net-zero strategies across their valuechains 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.
Cofinity-X will help to make important progress with the operationalization and build-up of end-to-end data-chains to trace material flows throughout the entire valuechain. Traceability applications can give the possibility to display the entire valuechain and help to find ways to increase supply-chain resilience.
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.
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. from 2023 to 2030.
The market is heavily reliant on vehicle imports, but opportunities for local manufacturing are gaining traction. Saudi Arabia remains the largest market within the GCC for new and used CVs as well as automotive parts. Another crucial trend is the regions increasing emphasis on local manufacturing and supply chain optimization.
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. Is your company prepared to survive and thrive through the coming transformation?
AIs Industrial Takeover: The 10 Game-Changing Forces Reshaping Global Manufacturing In the upheaval of an industrial revolution powered by AI, global manufacturers are discarding outdated playbooks and embracing radical innovations and disruptive technologies.
The UKs automotive industry is inherently global, touching every continent as an export sector. It remains Britains largest exporter of goods by value, with many of the products developed here the result of massive investment from overseas businesses.
TeamViewer, a leading global provider of remote connectivity and workplace digitalisation solutions, has announced a partnership with global mobility solutions provider Hyundai Motor Company to digitalise business operations and manufacturing processes for Hyundai Motor Group Innovation Center in Singapore (HMGICS). About TeamViewer.
Our focus will also be on the future of EV battery manufacturing, and we will consider challenges on electricity consumption and demand and our limited EV supply compared to other countries,” Zappia said. The post House Committee launches inquiry into future of EV battery manufacturing appeared first on Manufacturers' Monthly.
Next Generation Manufacturing Canada (NGen) announced $35 million in funding and launched a new call for project proposals targeting the entire valuechain of road-based battery and fuel-cell electric vehicles and their respective systems and components.
In 2022, Chinese manufacturers sold over twice as many EVs as their European and US counterparts combined, while also holding a competitive edge in nearly all aspects of the EV valuechain. Currently, six out of the 10 largest battery manufacturers are based in China and control about two-thirds of the global market.
ANCA , an advanced tool manufacturing machines supplier, is establishing a new precision manufacturing cell at its Bayswater headquarters with a $3 million investment from the federal government’s Modern Manufacturing Initiative.
By Anuj Monga, Research Director Mobility The Mitac-Synnex group in Taiwan, a conglomerate covering multiple sectors, including industrial gas, petrochemicals, IT, manufacturing and distribution, with consolidated revenues of US $84 billion in 2023, has recently created a new business division LienHwa New Energy (LHNE).
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. To learn more visit www.ree.auto.
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By Benson Augustine, Senior Industry Analyst, Aftermarket & Digital Retail – Mobility Rematec, a leading trade show for stakeholders in the automotive remanufacturing ecosystem, was held in Amsterdam in June this year, after a four-year hiatus.
AI-driven systems, cloud-powered analytics, and ultra-fast connectivity are converging to reshape factory operations and optimize supply chains. These advancements are not just improving efficiencythey are redefining manufacturing strategies, fostering innovation, and creating new competitive advantages.
Mitsubishi Electric is showcasing how its automation technologies can drive the entire electric vehicle valuechain forward at the North East Automotive Expo 2022, taking place on 29th September 2022. About Mitsubishi Electric. 1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2022. Today Magazine.
Capral has continued its push to improve the quality of the aluminium it is sending to market, announcing it has received certification from the Aluminium Stewardship Initiative (ASI) for the manufacturing of aluminium extruded products. Capral Aluminium is the first extruded product manufacturer in Australasia to achieve ASI Certification.
The automotive industry is experiencing a major shift with the rise of electric vehicles (EVs) and connected cars. This evolution spans regions like China, Southeast Asia, and Latin America, each contributing uniquely to the global mobility valuechain.
The automotive industry is experiencing a major shift with the rise of electric vehicles (EVs) and connected cars. This evolution spans regions like China, Southeast Asia, and Latin America, each contributing uniquely to the global mobility valuechain.
Highlights of flagship automotive aftermarket trade event include more than 500 exhibitors, 1000 brands,1500 product categories, and strong domestic, regional, and international representation amidst focus on mobility ecosystem development and growth acceleration. lakh registered visitors. Roger Motors Pvt Ltd., and many, many more.
SAN ANTONIO — The transition from advanced driver assistance systems (ADAS) to autonomous driving (AD) has encouraged original equipment manufacturers (OEMs) to partner with start-ups to develop hardware and software capabilities.
The shift towards digitalization in vehicles is giving rise to an increasingly transformative automotive landscape. Finally, the importance of cybersecurity automotive solutions cannot be overstated, given the vulnerability of software-oriented vehicles to security threats.
Data security and privacy remain major concerns as automakers move to embrace ChatGPT across the automotivevaluechain. Generative AI-powered Large Language Models (LLM), most prominently ChatGPT, are disrupting the automotive industry. Where will it be used?
The “Apple” car intended to mark the tech giant’s big, splashy entry into the automotive industry will now debut only in 2026, with initial plans to equip it with fully autonomous driving capabilities abandoned for a simpler self-driving system. Our Perspective.
It was back to business-as-usual at Automechanika Frankfurt , the largest trade fair for stakeholders across the automotive aftermarket valuechain. The trade fair comes at a time of enormous change for the automotive market. The event made a welcome return as an in-person event following a short gap. Top Takeaways.
A look at the state of affairs in the automotive industry reveals that the overall international situation is compelling not only individual manufacturing companies but also entire industrial nations to fundamentally rethink their strategies. Kckler: Whether it’s the U.S., Asia or Europe.
- Comau’s new hairpin stator manufacturing solution ensures efficient, flexible and highly accurate end-to-end production of hairpin stators, an integral part of electric motors - Backed by 50 years of process expertise and strong electrification competences in automotivemanufacturing, the brand-new proprietary technology is scalable and designed (..)
Qualcomm’s Snapdragon Digital Chassis has recently made significant inroads into the automotive industry, most prominently in the Renault Megane E-tech and Austral. Moreover, the open architecture design means that it will be accessible to other vehicle manufacturers. Opportunities and new valuechain in SDV.
Accenture and Mujin have created a joint venture to help bring robotics and automation to the manufacturing and logistics industries. The new company will combine Mujin’s industrial robotics expertise with Accenture’s digital engineering and manufacturing service, Industry X. Manufacturing is the cornerstone of Japanese industry.
Gamble continued: “Automotive industrials should prioritize automation to improve quality, reduce OT costs, and build workforce flexibility; use advanced connectivity for reliable, real-time connectivity; and build or partner with a solution provider to create industry-focused tools. Media Contact: Sol Curet. Corporate Communications.
NGen announces new $35M fund for EV projects HAMILTON — Next Generation Manufacturing Canada (NGen), has launched a new call for project proposals targeting the entire valuechain of road-based battery and fuel-cell electric vehicles and their respective systems and components.
Running until January 22nd, the second edition of this expo underscores sustainability and innovation within the mobility ecosystem, reflected in its theme, “Beyond Boundaries: Co-creating Future AutomotiveValueChain.” BMW BMW revealed the X1 Long Wheelbase EV, the first India-manufactured EV from the luxury brand.
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.
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.
Electromobility is gaining momentum with improving charging infrastructure, expanding manufacturing capacity, policy support, and purchase incentives. End-of-life business models view value extraction from used batteries through two lenses: one, recycling for material recovery, and two, reuse in automotive and energy storage applications.
STUTTGART and TORONTO — Mercedes-Benz is partnering with the Ontario Vehicle Innovation Network (OVIN), the Government of Ontario’s flagship initiative for the automotive and mobility sector. The aim of the MoU is to strengthen cooperation across the electric vehicle valuechain.
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