Volkswagen Group’s BEV sales jump 48% to 321,600 units in first-half 2023

The Volkswagen Group increased its deliveries of all-electric vehicles (BEVs) by 48% year-on-year to 321,600 vehicles in the first half of the year.  The BEV share of total deliveries rose to 7.4%, up from 5.6% in the first six months of CY2022. Around 68% of the Group’s BEV deliveries were in its home region of… Continue reading Volkswagen Group’s BEV sales jump 48% to 321,600 units in first-half 2023

Cloud-based factory automation enters series production at Audi plant

Audi has been testing the local server solution Edge Cloud 4 Production (EC4P), a new method of IT-based factory automation, at its Böllinger Hofe production facility in Germany since July 2022. Starting in July 2023, this paradigm shift in Audi’s shopfloor IT will be used for the first time in series production. At Böllinger Hofe,… Continue reading Cloud-based factory automation enters series production at Audi plant

German Handelsblatt: Auto industry: BMW, Audi, VW and Mercedes are running out of orders – the auto industry is shrinking007295

Car production in Europe In the first post-corona financial year, the recovery in car production by German manufacturers in Europe is threatening to stall. (Photo: dpa) Europe’s auto industry has shrunk significantly compared to the time before the corona pandemic. This is shown by the current production figures available to the Handelsblatt. Volkswagen, Audi, BMW… Continue reading German Handelsblatt: Auto industry: BMW, Audi, VW and Mercedes are running out of orders – the auto industry is shrinking007295

German Handelsblatt: Auto industry: BMW, Audi, VW and Mercedes are running out of orders – the auto industry is shrinking007295

Car production in Europe In the first post-corona financial year, the recovery in car production by German manufacturers in Europe is threatening to stall. (Photo: dpa) Europe’s auto industry has shrunk significantly compared to the time before the corona pandemic. This is shown by the current production figures available to the Handelsblatt. Volkswagen, Audi, BMW… Continue reading German Handelsblatt: Auto industry: BMW, Audi, VW and Mercedes are running out of orders – the auto industry is shrinking007295

Automotive Electric Power Steering Market to Reach $42 Billion, Globally, by 2032 at 5.8% CAGR: Allied Market Research

The global automotive electric power steering market is experiencing growth due to several factors, such as stringent fuel efficiency and emission standards, a surge in demand for vehicle safety and enhanced vehicle handling, and a rise in the use of advanced driver assistance systems (ADAS).  PORTLAND, Ore., July 14, 2023 /PRNewswire/ — Allied Market Research… Continue reading Automotive Electric Power Steering Market to Reach $42 Billion, Globally, by 2032 at 5.8% CAGR: Allied Market Research

Demand for raw materials and components weakens sharply in Europe and North America in June, Indicating greater risk to the economy heading into the second half of 2023: GEP Global Supply Chain Volatility Index

Worldwide supply chain spare capacity rises for the third successive month, remaining at the highest level since zenith of the pandemic in May 2020 Demand in Asia, led by India, is holding up better than in Europe and North America, highlighting divergence in growth between Western and Eastern economies Global supply shortages fell to their… Continue reading Demand for raw materials and components weakens sharply in Europe and North America in June, Indicating greater risk to the economy heading into the second half of 2023: GEP Global Supply Chain Volatility Index

AirConsole Announces Winners of In-Car Game Developer Competition’s First Round

ZÜRICH, July 14, 2023 /PRNewswire/ — AirConsole, the leading platform for casual multiplayer games, is pleased to announce the winners of the first round of its In-Car Game Developer Competition. The competition was designed to propel the in-car entertainment industry forward. It aimed to inspire game studios and independent developers to craft captivating games tailored… Continue reading AirConsole Announces Winners of In-Car Game Developer Competition’s First Round

XCMG Machinery Releases HANYUN OS 2023, Empowering New Industrialization with Intelligent and Digital Transformation

XUZHOU, China, July 14, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) has officially released the HANYUN OS 2023 at the 2023 Industrial Internet Conference, marking a new milestone for XCMG HANYUN as it embarks on a journey of innovation on digitalization, and sustainable solutions with the goal of supporting global customers. Continue Reading XCMG Machinery… Continue reading XCMG Machinery Releases HANYUN OS 2023, Empowering New Industrialization with Intelligent and Digital Transformation

Hyundai Motor’s IONIQ 5 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs and Driving Fun

As Hyundai N’s first EV, IONIQ 5 N represents a new segment of driver-focused high performance EVs through new technologies and elevated racetrack capability IONIQ 5 N signals the first step in N’s electrification strategy with future electric N models to follow IONIQ 5 N elevates the three pillars of N performance — Corner Rascal,… Continue reading Hyundai Motor’s IONIQ 5 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs and Driving Fun

MarketsandMarkets™ Reveals $500+ Billion Opportunity in the Hydrogen Economy

CHICAGO, July 13, 2023 /PRNewswire/ — Hydrogen, once considered a distant dream, is now on the horizon of commercialization, according to a recent study by MarketsandMarkets™ on the ‘Future of Hydrogen Economy.’ MarketsandMarkets™, a leading market research and growth consulting firm, has identified a groundbreaking opportunity worth over $500 billion across the entire value chain of… Continue reading MarketsandMarkets™ Reveals $500+ Billion Opportunity in the Hydrogen Economy