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Volkswagen, together with Amazon Web Services (AWS) and integration partner Siemens, is opening up the Industrial Cloud ( earlier post ) to other manufacturing and technology companies. This way, a rapidly growing range of industrial software applications for Volkswagen’s plants will be created. At the same time.
Rodgers and York Capital), and non-dilutive funding from market-leading customers. Based on successfully deploying 3D Silicon Lithium-ion Battery technology in portable electronic devices, Enovix is now working with leading international automobile manufacturers to develop its patented battery technology for the electric vehicle (EV) market.
New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobileindustry to Europe. billion.
A leader in automotive technology, BlackBerry is excited to bring one of the world’s first integrated digital cockpit platforms to market with DENSO in Subaru’s latest vehicles, helping manufacturers to take advantage of a significant industry trend—the exploding demand for a safe, seamless, digital in-car experience.
The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). The LADA brand leads on the Russian automotive market with more than 20% market share and is also present in 20 countries. AVTOVAZ Group is part of the Dacia-LADA business unit with the Group Renault structure.
Under the terms of the agreement, Anjie Wireless will license WiTricity’s patented magnetic resonance technology and industry-leading designs to develop and commercialize highly efficient wireless electric vehicle (EV) charging systems for sale to leading carmaker brands in the China market.
A large number of components in automobiles are made from plastics; these have to meet exacting safety, heat-resistance and quality requirements. That is why, so far, only petroleum-based materials have been suitable for manufacturing plastic components in automobiles that are subjected to particularly intensive wear.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., — signed a joint venture agreement for the establishment of United Fuel Cell System R&D (Beijing) Co.,
In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.
The automotive market has felt out of whack for quite some time. But consumers are tapped out and starting to notice theyre arguably getting less vehicle for their money than they used to and there is a wealth of data suggesting that the market is sincerely starting to struggle. But the outlook for 2025 hasnt been quite as rosy.
Toyota Motor Company and Beijing SinoHytec have established a joint venture company to promote the commercial vehicle fuel cell system industry in China. Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co.,
(FCA), a wholly-owned subsidiary of Fiat Chrysler Automobiles N.V., The JV would rely on FCA’s financial resources and industrial footprint and on ENGIE EPS’ technological know-how and intellectual property portfolio. —Mike Manley, CEO of Fiat Chrysler Automobiles.
positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. The Qin Plus DM-i and Song Plus DM-i took the 4 th and 8 th places, among PHEV market worldwide in August with sales of 13,043 and 8,731 units respectively. will continue to be open to the industry, further accelerating the electrification of automobiles.
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold. million units.
Honda plans to introduce these models to the North American market as model year 2024 vehicles, one from Honda brand and the other from the Acura brand. These EV models will first be introduced to the North American market, and then to other regions of the world. Advanced Battery Technology.
NAFILean can be used in traditional injection machines and stands as a unique market solution from Faurecia. One difference with previous attempts to introduce biomaterials into automobiles is the added value Faurecia brings.
by Lewis Black, CEO of Almonty Industries. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% China controls the market for nearly 35 precious minerals and metals that are important to the U.S. Should the U.S.
Fujitsu Limited and Toyota Systems Corporation launched a new automobile production instruction system at Toyota Motor Corporation’s Tsutsumi plant leveraging Fujitsu’s Quantum-Inspired Digital Annealer technology. The processing technology was developed by Fujitsu Research based on its long-time expertise in the manufacturing industry.
With its proven fuel cell technology utilized in Hyundai FCEVs, HTWO is expanding the provision of fuel cell technology to other automobile OEMs and non-automobile sectors to make hydrogen available for everything. Hyundai fuel cell system. (1). Fuel Cell Stack. 2) Fuel Processing System.
Buick’s vehicle-to-everything (V2X) technology made its debut at the Guangzhou International Automobile Exhibition. Later this year, Buick will become the first brand in China officially to roll out the market-ready technology on a production vehicle, a Buick GL8.
Yamaha Motor has begun accepting orders for a high-performance electric motor prototype that is capable of delivering industry-leading high power density for automobiles and other types of vehicles. 35kW prototype unit under development. Sample dual-motor package.
As the global energy market shifts from coal, petroleum fuel, and natural gas to more environmentally friendly primary energy sources, hydrogen is becoming a crucial pillar in the clean energy movement. Recent advancements in experimental tools and multiscale modeling are starting to provide insight into the embrittlement process.
The company says the material is suitable for train drive systems, automobiles, robots and other applications requiring high reliability. The material also offers excellent heat resistance, suiting it for applications such as railway rolling stock, automobiles, robots, and industrial and medical equipment.
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. As a bio-based composite thermoplastic material, UBQ Industrial Grade can replace plastic polymers in hundreds of applications.
The collaboration reflects Toyota’s recognition of the long-term potential of the urban air mobility market to meet the evolving needs of society, as well as Joby’s position as an industry leader in working to deliver safe and affordable air travel to everyone. Joby’s eVTOL. —Joby Aviation founder and CEO JoeBen Bevirt.
Currently CATL has an extensive technology roadmap for batteries, and has developed the capability to turn fundamental research to industrial application, and then to large-scale commercial applications. These will now be used by Chery Automobile, as announced at the exhibition.
The Nikkei reports that the second Hydrogen Energy Ministerial Meeting—a policy platform for global utilization of hydrogen—scheduled to open in Japan on Wednesday will call for 10 million fuel cell vehicles—including trains, planes and automobiles—in 10 years.
The platform, comprising hardware and software services, will be available to all automobile players in Thailand looking to accelerate their production and sales of EVs in Thailand and elsewhere in the ASEAN region. PTT is a Thai state-owned oil and gas company and the largest publicly listed conglomerate in Thailand.
Lynk & Co, a joint venture between Volvo Cars, Zhejiang Geely Holding and Geely Automobile, introduced in 2017, had in June 2020 sold a total of 309,255 of its 01, 02, 03 and 05 models. Geely Automobile, controlled by Zhejiang Geely Holding, also produce vehicles on the CMA platform. billion) in 2011 to SEK 274 billion (US$31.3
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. This results in high-quality, inexpensive continuous carbon fiber that can be recycled perpetually, contributing to circular economy.
To reduce natural resource usage and its trucks’ environmental impact, Renault Trucks (part of the Volvo Group) is taking steps to transition its industrial operations to a circular-economy approach. At this new industrial facility located in Vénissieux, the brand’s trucks will be dismantled , and their parts reused.
Electric Last Mile Solutions (ELMS), a designer of intelligent, e-mobility workstations for the last mile, signed a binding, long-term supply agreement with Liuzhou Wuling AutomobileIndustry Co., Urban Delivery is expected to enter the US market at a starting price of approximately $25,000, after incentives.
JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. As a pioneer in China’s alternative energy vehicle industry, JAC Motors currently provides an electric vehicle product line encompassing SUVs, sedans, and other passenger vehicles. Ltd for joint product development.
liter V8 engine for automobiles that is fueled entirely by hydrogen. Yamaha began developing a hydrogen engine for automobiles about five years ago. Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter We are working toward achieving carbon neutrality by 2050. —Yamaha Motor president Yoshihiro Hidaka.
According to data from the China Automobile Association, BYD’s market share of new energy vehicles reached 24.7% in the first half of 2022, leading the domestic new energy vehicle market. Including commercial vehicles, BYD sold 1,863,494 New Energy Vehicles in 2022, up 209% from the year before.
EV sales are rapidly accelerating, which could bring on an epochal shift in the auto industry over the next decade, according to a new report from the Environmental Defense Fund.
Following a detailed review of combination options, Volvo Cars and Geely Auto have concluded they can secure new growth opportunities in their respective markets and meet evolving industry challenges through deeper cooperation, while preserving their existing separate corporate structures.
These are the observations in an in-depth study of the industry by management professors at the University of California, Davis, and Dartmouth College. Meanwhile, Tesla worked both sides of the market by building a sufficiently wide network of high-speed charging stations before they sold too many cars. —Hemant Bhargava.
The University of New Hampshire InterOperability Laboratory ( UNH-IOL ), an independent provider of broad-based testing and standards conformance services for the networking industry, is partnering with Microchip Technology to expand testing for the 1000BASE-T1 PCS and PHY Control market to help further compliance for the automotive industry.
The MEB will be the foundation for an entirely new generation of battery-electric vehicles designed not only to be electric and feature extended range, but to be connected, autonomous, open and priced for the volume market as required by Volkswagen’s positioning. With that flexibility, we can use the total power of the market.
Hyundai Autron, a Hyundai Motor Group company, and Wind River signed a partnership to develop an autonomous driving and connectivity software platform to power next-generation automobiles. Wind River is a long-standing market leader for both embedded real-time operating system (RTOS) and commercial Linux.
Japanese technology company Asahi Kasei will showcase diversified material solutions for safe and compact EV batteries, improved connectivity and lightweighting, as well as circular economy at Fakuma , the world’s leading trade event for industrial plastics processing, from 17 - 21 October 2023 in Friedrichshafen, Germany.
Growing concerns about affordability and infrastructure (both from charging and electrical grid perspectives), have caused a significant decline in the number of consumers who see themselves in the market for an EV anytime soon. That is up 13 percentage points from 2022 (53%). —J.D.
Strong brands and the automobile will continue to play a central role in individual mobility in the future. The Group says it will will have the largest amount of real-time data in the whole industry, and continuously improve its products on this basis. Battery and rapid charging. High economies of scale also reduce costs.
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