Tag: Nissan

Monolith Announces Additional Funding from Investor Consortium

Latest round of financing will support Monolith’s commercial growth, as it continues to advance toward expanding operations LINCOLN, Neb., Sept. 26, 2024 /PRNewswire/ — Monolith Materials, Inc. (Monolith), a global leader in clean hydrogen and carbon black, today announced a closed funding round from existing investors, including Azimuth V Energy Evolution Fund and Azimuth Capital Management’s… Continue reading Monolith Announces Additional Funding from Investor Consortium

AI Driving Transformation in Automotive Automation Market, Set to Grow by USD 2.45 Billion (2024-2028), Boosted by Demand for Improved Manufacturing Flexibility- Technavio

NEW YORK, Sept. 26, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global automation market in automotive industry size is estimated to grow by USD 2.45 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.36%  during the forecast period. Demand for enhanced visibility… Continue reading AI Driving Transformation in Automotive Automation Market, Set to Grow by USD 2.45 Billion (2024-2028), Boosted by Demand for Improved Manufacturing Flexibility- Technavio

How hackers could have remotely controlled millions of cars

Sjoerd van der Wal/Getty Images Car owners, are you sitting down? Cybersecurity researchers recently reported a flaw in a website — operated by automaker Kia — that enabled them to remotely control key functions of millions of cars. The full report, published on the personal blog of Sam Curry — one of the researchers — offers a… Continue reading How hackers could have remotely controlled millions of cars

Stellantis begins search for Carlos Tavares’ successor: Report

Stellantis said on Monday that it has begun looking out for Carlos Tavares’ successor, as his contract is slated to expire in 2026, Reuters said. The auto firm noted that it has however not ruled out the possibility of Tavares extending his term, the newswire reported.  Tavares has been mandated to course-correct the firm’s declining… Continue reading Stellantis begins search for Carlos Tavares’ successor: Report

The IGBT Market is projected to grow by USD 10.8 Billion from 2024-2028, with AI driving market evolution and government support for EVs and HEVs boosting growth – Technavio

NEW YORK, Sept. 25, 2024 /PRNewswire/ — The Global IGBT Market size is estimated to grow by USD 10.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 15.31%  during the forecast period. Increasing government support for EV or HEVS is driving market growth, with a trend towards functional consolidation of… Continue reading The IGBT Market is projected to grow by USD 10.8 Billion from 2024-2028, with AI driving market evolution and government support for EVs and HEVs boosting growth – Technavio

The Automotive Rear Seat Infotainment Market is projected to grow by USD 8.79 Billion from 2024-2028, with AI driving transformation and rising consumer demand for in-car entertainment boosting growth – Technavio

NEW YORK, Sept. 25, 2024 /PRNewswire/ — The Global Automotive Rear Seat Infotainment Market size is estimated to grow by USD 8.79 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 13.39%  during the forecast period. Increasing consumer demand for enhanced in-car entertainment is driving market growth, with a trend… Continue reading The Automotive Rear Seat Infotainment Market is projected to grow by USD 8.79 Billion from 2024-2028, with AI driving transformation and rising consumer demand for in-car entertainment boosting growth – Technavio

The Automotive Four-Wheel Drive Vehicle Market is projected to grow by USD 82.3 Billion from 2024-2028, with AI impacting trends and electrification of components boosting growth – Technavio

NEW YORK, Sept. 25, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Automotive Four-Wheel Drive Vehicle Market size is estimated to grow by USD 82.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 3.61%  during the forecast period. Benefits associated with… Continue reading The Automotive Four-Wheel Drive Vehicle Market is projected to grow by USD 82.3 Billion from 2024-2028, with AI impacting trends and electrification of components boosting growth – Technavio

Thai auto sector reels from falling orders and soaring household debt

Thailand’s USD 53 billion automobile industry faces a crisis. Thailand’s USD 53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives. The crisis in Southeast Asia’s largest car production hub has forced cuts to… Continue reading Thai auto sector reels from falling orders and soaring household debt