The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
Tag: Autonomous
LG Announces Second-Quarter 2023 Financial Results
July 27, 2023 LG Announces Second-Quarter 2023 Financial Results Open share list Share this content. Record Revenues, Strong Profitability Provide Solid Foundation for Pursuing Mid- to Long-term Growth Through Advancement of Business Portfolio SEOUL, July 27, 2023 — LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit… Continue reading LG Announces Second-Quarter 2023 Financial Results
Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth
Company Highlights Commitment to Technological Advancements and AI-driven Innovation with Expanded Operations at Wilmington, MA facility WILMINGTON, Mass., July 26, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, today broke ground for its new global headquarters in Wilmington, Massachusetts. The expansion stands as a reflection of the company’s remarkable… Continue reading Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth
Implementation of the first robotics packet sorting system by Geek+ and Hongkong Post
A fleet of Geek+ sorting and mobile robots is now operating in the Hongkong Post’s Central Mail Centre Innovative technology delivers efficiency and accuracy in packet sortation to provide customers with reliable and efficient postal services HONG KONG, July 25, 2023 /PRNewswire/ — Hongkong Post and Geek+ have teamed up to implement its first robotic packet sorting system.… Continue reading Implementation of the first robotics packet sorting system by Geek+ and Hongkong Post
Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
Waymo pushes back its self-driving truck efforts to focus on ride hailing
The company wants robotaxis to become successful first. Don’t expect to see many Waymo-powered autonomous big rigs in the near future. Waymo now plans to “push back” its driverless trucking efforts and shift its attention toward its One ride-hailing service. The move will help the company concentrate on making these self-driving taxis a “commercial success,”… Continue reading Waymo pushes back its self-driving truck efforts to focus on ride hailing
Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, will provide the Allison eGen ForceTM electric hybrid system for American Rheinmetall Vehicles’ (ARV) Team Lynx prototype. Team Lynx, led by ARV, was recently selected for Phases 3 and 4 in the U.S.… Continue reading Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program
Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth
Company Highlights Commitment to Technological Advancements and AI-driven Innovation with Expanded Operations at Wilmington, MA facility WILMINGTON, Mass., July 26, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, today broke ground for its new global headquarters in Wilmington, Massachusetts. The expansion stands as a reflection of the company’s remarkable… Continue reading Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth
Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
Congress urged to help get more self-driving vehicles on US roads
Advocates for auto companies and consumer technology firms on Wednesday urged a congressional subcommittee to adopt legislation to advance the development of self-driving cars, saying the U.S. will fall behind competitors, especially China, if the federal government doesn’t take steps in support of fully autonomous vehicles. John Bozzella, president and CEO of the Alliance for… Continue reading Congress urged to help get more self-driving vehicles on US roads