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Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. The autoindustry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.
Cyber hacks might cost the autoindustry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. billion, while we are seeing that the cost for the industry as a whole could reach $24 billion by 2023. The risk is immense.
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.
As the transition to electric vehicles accelerates in several markets around the world, countries where the autoindustry contributes significantly to their local economies need to accelerate their EV production to safeguard the future of their industries. An example of a country where the autoindustry is a key pillar.
Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. UBQ Industrial Grade.
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
and is an innovation leader with the highest number of patents filed amongst other global automakers. Nevertheless, the investment announced remain important for automakers from a perspective of sustaining the ongoing disruptions in the automotive industry. The company leads in deals (M&A, partnerships, JV, etc.)
Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.
In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the globalauto market. continued] The post How Chinese Cars Like The XPeng Mona M03 Will Impact The GlobalAutoIndustry appeared first on CleanTechnica.
BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. Our conclusions are stark for fossil fuel use in road transport.
TTTech Auto has launched the Electronic Controls Design House (ECDH) to help automotive manufacturers transition to the software-defined vehicle. The offering includes off-the-shelf electronic control units and services such as prototype development or design, industrialization, production and logistics of customized hardware.
Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.
A global Automotive Manufacturing Outlook survey commissioned by ABB Robotics and industry publication Automotive Manufacturing Solutions found that more than half (59%) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines. Only 4% felt it would not be possible.
The US aluminum industry continues to make significant investments to meet growing demand for automotive aluminum. The industry supports nearly 700,000 direct, indirect and induced jobs across the nation and since 2013 has invested more than $2.6 billion in domestic plant expansions to support growing demand in the auto market.
As the automotive industry and vehicles evolve in the next five to 10 years, more electrical bandwidth and connectivity will be needed to ensure that features such as electric propulsion systems, the Super Cruise driver assistance feature and advanced active safety systems can all run in conjunction with each other.
Tesla has topped the list of most satisfied customers in the entire autoindustry, with Model 3 taking the top spot for for all cars globally. The post Tesla tops the list of most satisfied customers in the entire autoindustry appeared first on Electrek.
years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. million units in 2023, according to S&P Global Mobility forecasts, which is expected to curb the rate of average age growth in the coming year. Despite economic headwinds, new vehicle sales are projected to surpass 14.5
A global survey of more than survey found that more than 120 auto tech leaders by Informa Tech Automotive Group found that 57% expect that COVID-19 will quicken the pace and rate of consolidation within the automotive industry.
Many auto companies reported 2nd quarter earnings this week and for the most part, most of the news was dismal with one notable exception. The post The Week The GlobalAuto Market Went Over A Cliff appeared first on CleanTechnica.
While the drop in January vehicle sales on a global scale is alarming, sinking 13.9% The autoindustry is poorly prepared for such supply chain shocks because many operations run on a ‘just-in-time’ basis, with very limited numbers of stockpiled parts. Global vehicle sales SAAR stood at 88.5 million units.
BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. auto sector,” the organization writes. autoindustry appeared first on TESLARATI.
Global security functionalities on the architecture: Threats analysis, traffic filtering, SMS firewalling. I’m excited about this launch, because it’s the result of years of observation and exchanges with the industry, and years of hard work from Transatel teams. TAC/IMEI lock. —Bertrand Salomon, Transatel Co-CEO.
Benchmark’s Daisy Jennings-Gray warned of the “the huge raw material disconnect” that has opened up between growing downstream demand for critical battery raw materials from the EV industry and the increasingly limited availability of those raw materials. The global battery arms race shows no signs of slowing down.
A global shortage of semiconductors—caused by manufacturing delays that some semiconductor makers blame on a faster-than expected recovery from the coronavirus pandemic—has forced automakers to adjust or cancel production over the past months. —Dave Anderson, president of SEMI Americas.
At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. These have been used on multiple high-end BEVs such as ZEEKR, AITO and Li Auto.
outlined a technology roadmap to support its vision to reinvent the aluminum industry for a sustainable future. As feedstock for this process, Alcoa is targeting Zorba auto shred scrap as a raw material. It also allows some specialty aerospace and defense applications to use scrap, which would be a first for those industries.
A report shows that unless carmakers make significant changes in three key areas, the global automotive industry will crash through its carbon budget by 75% The post “Not a single year to lose:” Autoindustry is pushing world well beyond 1.5°C C appeared first on The Driven.
Industrial gases leader Air Products, and its subsidiary Air Products Canada Ltd., This development is consistent with Air Products’ growth strategy of executing global megaprojects that enable a transition to a cleaner, more sustainable energy future. The project relies on an innovative combination of well-established technologies.
Carbon fiber reinforced plastics (CFRP) are highly attractive for various industries in demanding application fields due to their unique balance of rigidity, mechanical strength and light weight. Moving forward, Asahi Kasei will perform demonstrations and develop the business, aiming for practical application around 2030.
After its meteoric rise in the globalautoindustry last year, the Chinese EV giant is off to a hot start in 2025. BYD sold over one million EVs and plug-in hybrids in the first three months of the year. Even more impressive, BYDs overseas sales doubled to start the year as it expands into new markets.
Globally, the DM-i model also holds an important position. in April 2021 at the Shanghai Auto Show. vastly improve the integrity of pure EVs as one of the industry’s safest power batteries. will continue to be open to the industry, further accelerating the electrification of automobiles. BYD introduced the e-platform 3.0
Almost half of global consumers (46%) are considering purchasing a car in the next 12 months, an increase from 35% in April 2020. Without a clear end to the pandemic in sight, 87% of global consumers stated their safety and physical well-being, alongside that of their families, is best served through a personal vehicle.
GlobalFoundries (GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to boost chip supplies for Ford and the US automotive industry. billion units expected by 2024.
Albemarle, a leading global producer of lithium, bromine and catalyst solutions, expects lithium industry demand to reach 1.14 The security of supply is essential to underwriting the globalauto OEM investment in vehicle electrification, the company said during a presentation to investors.
The all-electric high-performance SUV Polestar 4 will make its global debut on April 18, the first day of the Shanghai auto show, the premium electric vehicle maker owned by Geely and Volvo Cars announced on April 11. Polestar's booth at the Shanghai auto show is located in Hall 6.2, For more articles, please visit CnEVPost.
TTTech Auto—a provider of software and hardware platforms for automated driving and beyond, applicable in series production programs—has expanded its development scope and altered its structure based on three distinct pillars. —Georg Kopetz, CEO TTTech Auto. —Stefan Poledna, CTO of TTTech Auto.
In the long term, the energy density needs for electric aviation far outstrip the goals of current DOE and industry investments, requiring strategic thinking around the best approaches to enable this future. So, the next decade will see a global race to commercialize electric flight, according to the white paper.
Tesla’s embrace of lithium iron phosphate (LFP) batteries has propelled the chemistry into the mainstream of the automotive industry. A global shortage of LFP cell capacity outside of China could hinder wider adoption by western automakers, Benchmark says.
These materials also demonstrate a potential for use as the base resin in carbon fiber-reinforced thermoplastic composites used in structural and body components, and for applications in the industrial, aerospace and marine markets. —Darpan Parikh, global product management Leader, Resins & Compounds, SABIC’s Specialties business.
Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. —Luca de Meo, CEO Renault Group.
Geely Holding has provided two Geely Auto Emgrand methanol sedans ( earlier post ) and the world’s first M100 heavy truck to Danish partners as part of the long-term trial. Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030.
We’ve turned a big corner when it comes to electrification of the autoindustry. continued] The post Automakers Continue To Lobby For Global Heating, Against EVs appeared first on CleanTechnica. That changed with the anticipation for and arrival of the Tesla Model 3, EU regulations requiring than.
Consumers in China, the world’s largest auto market, were the most enthusiastic, at 84%. —Mark Wakefield, global co-leader of the automotive and industrial practice at AlixPartners. In the US, 44% said they’d consider swapping their personal vehicle for ride-hailing under such circumstances. —Mark Wakefield.
Further, according to the latest IHS Markit forecasts, the globalautoindustry will exerience an unprecedented and almost instant stalling of demand in 2020, with globalauto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units. year over year.
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