NEW YORK, Feb. 6, 2024 /PRNewswire/ — The global robotics market size is estimated to grow by USD 22.27 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 7.71% during the forecast period. Government initiatives in Europe, particularly through programs like Horizon 2020, are set to propel the… Continue reading Robotics market set to grow by USD 22.27 billion from 2022-2027; The government initiatives in Europe to be a major trend – Technavio
Category: Newswire
Toyota Supports California Flooding Relief Efforts
Contributions promote recovery; customer payment relief offers assist those in need PLANO, Texas , Feb. 6, 2024 /PRNewswire/ — Toyota Motor North America and Toyota Financial Services announced efforts to assist those suffering from the impacts of recent storms and flooding in California. Toyota contributes annually to The American Red Cross and SBP, and these funds are… Continue reading Toyota Supports California Flooding Relief Efforts
Magna Awarded Specialized eDrive System Business With North America-Based OEM
New electrification program to support high-end niche vehicle platform Primary rear system is a variant of Magna’s 800V eDS Duo, delivering exceptional power and performance in one package Award reflects company’s expertise in electric powertrain system engineering, integration AURORA, Ontario, Feb. 06, 2024 (GLOBE NEWSWIRE) — Magna is growing its electrification customer base with a… Continue reading Magna Awarded Specialized eDrive System Business With North America-Based OEM
Study Reveals Gap in AI Adoption and Sustainability Goals Across American and European Logistics Industry
HERE Technologies publishes results of a multi-country survey of transportation and logistics professionals. Cost, disruption, and know-how cited as barriers to widespread tech adoption. T&L industry missing opportunities to improve supply chain visibility. Las Vegas – Manifest Supply Chain Conference – HERE Technologies, the leading location data and technology platform, today unveiled insights from its… Continue reading Study Reveals Gap in AI Adoption and Sustainability Goals Across American and European Logistics Industry
DHL Supply Chain and Aramco launch ASMO
Newly created company aims to drive supply chain efficiencies in procurement and logistics for the energy, chemical and industrial sectors DAMMAM, Saudi Arabia, Feb. 5, 2024 /PRNewswire/ — Aramco, one of the world’s leading integrated energy and chemicals companies, and DHL Supply Chain (DHL), global leader in contract logistics, have formed a joint venture company,… Continue reading DHL Supply Chain and Aramco launch ASMO
Flash Motors Sign Sponsorship Deal with Top South African Female Racer
PAPHOS, Cyprus, Feb. 5, 2024 /PRNewswire/ — Flash Motors Corporation, a European technology leader specializing in urban mobility, is thrilled to announce its sponsorship agreement with the remarkable South African racer, Jessica Howden. This partnership marks a significant milestone in both Flash Motors’ and Jessica’s racing careers, uniting technology, and talent in a groundbreaking collaboration.… Continue reading Flash Motors Sign Sponsorship Deal with Top South African Female Racer
First design studies for Julie Mehretu’s BMW Art Car revealed
NEW YORK and MUNICH, Feb. 5, 2024 /PRNewswire/ — Julie Mehretu presents her first design studies for the 20th BMW Art Car. For this project, the internationally renowned artist combines her artistic work with a personal enthusiasm for automotive design and speed. She translates dynamism into form and applies one of her monumental motifs from a… Continue reading First design studies for Julie Mehretu’s BMW Art Car revealed
Automotive Ethernet Market worth $5.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Feb. 5, 2024 /PRNewswire/ — Automotive ethernet market size is projected to grow from USD 2.2 billion in 2023 to USD 5.5 billion by 2028, at a CAGR of 19.7%, according to a new report by MarketsandMarkets™. The increasing demand for faster in-vehicle networking is expected to increase the demand for automotive ethernet. Additionally, continuous innovation… Continue reading Automotive Ethernet Market worth $5.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
Marjan signs agreement with Range Developments to launch 3 new luxury properties at Al Marjan Island
Award-winning hospitality developer’s latest offering set to add value to Ras Al Khaimah’s expanding luxury real estate sector RAS AL KHAIMAH, UAE, Feb. 5, 2024 /PRNewswire/ — Marjan, the master developer of freehold properties in Ras Al Khaimah, has signed an agreement with Range Developments to launch three new exclusive properties on Al Marjan Island, the… Continue reading Marjan signs agreement with Range Developments to launch 3 new luxury properties at Al Marjan Island
Landmark Group Transforms Ecomm Fulfilment Centre in Kuwait with Innovative Automation Solution from Addverb
KUWAIT CITY, Kuwait, Feb. 5, 2024 /PRNewswire/ — Landmark Group, a leading retail and ecommerce conglomerate in the GCC, has entered into a strategic partnership with Addverb, a global leader in robotic and automation solutions, to modernise its Fulfilment centre in Kuwait. With an established legacy, Landmark Group has consistently pioneered consumer experiences across MENA, India… Continue reading Landmark Group Transforms Ecomm Fulfilment Centre in Kuwait with Innovative Automation Solution from Addverb