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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 automanufacturers.
Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. million on-road vehicles in the United States.
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.
Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. Both parties agreed not to disclose any further details about the investment.
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).
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.
TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.
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.
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).
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. If the winning formula is greater knowledge = greater consumer interest, electric vehicle manufacturers must focus their marketing on increasing familiarity with BEVs, Ipsos said.
million (US$14 million) project to explore the industrialization of Electron Beam Welding (EBW) in civil nuclear assemblies. The project has the potential to integrate welding into the manufacturing process, offering material improvements and vast reductions in manufacturing time and cost. high x by 3.0m high x by 3.0m
Toyota Motor North America has joined the Auto/Steel Partnership (A/SP). Formed in 1987, A/SP leverages the resources of the automotive and steel industries to pursue research, validation and education that have helped automakers enhance vehicle safety and fuel economy while improving design and manufacturing. Repairability.
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.
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.
TTTech Auto and ZettaScale Technology are partnering to provide advanced communication technologies for software-defined vehicles. The partnership includes an investment by TTTech Auto in ZettaScale Technology as part of TTTech Auto’s growth strategy after its funding round earlier this year.
The overall program will offer a share of up to £1 billion of funding for industrial research and capital projects. The aim is to support the industrialization of a high-value, electrified automotive supply at scale in the UK. 10 million of funding is now available through a feasibility study competition.
TTTech Auto, a leader in automotive safety software, and ZettaScale Technology, a developer of communication technologies and protocols, have launched Zetta Auto. Zetta Auto is a data-centric communication solution focusing on safe, performant, and predictable Serviced-Oriented Architecture (SOA) communication.
Nissan will suspend production of its manufacturing facilities in the US starting 20 March through 6 April. Honda transmission and engine plants in North America that serve Honda auto plants also will suspend production for the same time period. Honda will reduce production by approximately 40,000 vehicles during these six days.
To develop the questions, they worked in close collaboration with leaders in the autoindustry. Do lithium metal batteries’ use of ceramics, which require energy to heat them up to more than 2,000 degrees Fahrenheit during manufacturing, offset their environmental benefits in electric vehicles? —Wang et al.
Ford plans to make the largest US investment in electric vehicles at one time by any automotive manufacturer so far and, together with its partner, SK Innovation, plans to invest $11.4 In central Kentucky, Ford plans to build a dedicated battery manufacturing complex with SK Innovation—the $5.8-billion An all-new $5.6-billion
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.
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.
TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.
Comparatively, EV manufacturing has increased at a faster rate in China, which made up 44% of global EVs manufactured through 2020, up from 36% in 2017. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017. million (or about 10%) are slated to be manufactured in US.
Mafic USA and The Materials Group (TMG) have allied to increase the use of basalt fiber compounded into injection molded thermoplastics within the automotive industry. Basalt fiber is a sustainable filler as compared to glass fiber yielding a 50% reduction in emissions output during manufacturing of the fiber.
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.
Japan’s autoindustry must succeed in building passenger vehicles. To this end, manufacturers must participate in auto-racing to test their vehicles’ durability and performance and display their utmost performance. With competition comes progress, as well as excitement among motoring fans.
The report outlines that although Asia leads electric vehicle battery production, Europe will make up vital ground over the next few years while US manufacturers are also planning increases in capacity. —Tanja Vainio, Managing Director of ABB Robotics Auto Tier 1 Business Line.
Farizon Auto, the new energy commercial vehicle brand from Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Geely Holding) raised more than US$300 million in its first external financing round. Farizon Auto’s new energy semi, the Homtruck, is planned for delivery in early 2024. Earlier post.). Earlier post.).
The added cost of manufacturing electric cars is "beyond the limits" for what the autoindustry can sustain, Stellantis CEO Carlos Tavares said in an interview with Reuters published Wednesday.
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.
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.
Israeli startup EVR Motors has partnered with India’s EKA Mobility, an electric vehicles and technology company, a subsidiary of Pinnacle Industries Limited, to design small, lightweight electric motors for their e-buses and Light Commercial Vehicles (LCVs) in India. The partnership with EKA is EVR’s third collaboration agreement in India.
At the 2018 SAE-China Congress & Exhibition, General Motors participated in a group demonstration of C-V2X (cellular connected vehicle to everything communications) application interoperability among different chipset makers, software providers and vehicle manufacturers. The six-seat 2021 GL6 comes with a 1.3L
General Motors decision to remove Android Auto and Apple CarPlay smartphone connectivity features from vehicles wasnt a popular one. The options for GM EVs with Android Auto and Apple CarPlay are shrinking, so we recommend acting quickly if you want one with these handy features. However, the business no longer offers the kit.
The intent is to help manufacturers not only access EV-specific services but also launch new models more quickly at a competitive cost. The new platform will entail an ecosystem combining technologies across the EV value chain, including auto parts manufacturing.
Development of automated driving (AD) technologies continues at a brisk pace in 2020 with more than 70 companies including legacy automakers, suppliers, startups, and technology companies new to the autoindustry involved. Navigant’s top-10 ranking for AD compute platforms: NVIDIA. Intel-Mobileye. Qualcomm Technologies.
and Koç Holding have signed a non-binding Memorandum of Understanding for a new, industry-leading joint venture business in Turkey. The joint venture would be located near Ankara and will manufacture high Nickel NMC cells for assembly into battery array modules. Boosting EV manufacturing capacity in Craiova.
The Government of Canada will pursue a combination of investments and regulations to help Canadians and industry transition to achieve the 100 percent zero-emission vehicle sales by 2035.
Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota plans to launch 30 models by 2030.
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 The e-platform 3.0 billion) in Q3 2021, a YoY increase of 21.98%.
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.
One of the highlights of the annual Tesla shareholder meeting held earlier today was a graph showing that Tesla has risen to #1 in the autoindustry in terms of operating margin. Luxury car companies known for their solid operating margins and gross profits are solid steps below Tesla now. The brand with the second […].
Building on the company’s expertise in low-carbon ammonia production, clean ammonia will be manufactured using innovative technology to achieve at least a 90% reduction in CO 2 emissions. The low-carbon blue ammonia has a range of end-markets suitable for use in agriculture and other industries, such as a fuel or as a hydrogen carrier.
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