JIOS Aerogel Appoints EDAG Production Solutions for Design of its High-Volume Thermal Blade® Plants in a joint project with WAY Business Solutions

SINGAPORE, May 17, 2023 /PRNewswire/ — JIOS Aerogel (JIOS) has announced the appointment of two companies, EDAG Production Solutions GmbH & Co. KG (EDAG PS) and WAY Business Solutions GmbH (WAY), to support the commissioning of its high-volume, automated production lines in Singapore and its European manufacturing plant. These plants will produce JIOS’ innovative aerogel-based… Continue reading JIOS Aerogel Appoints EDAG Production Solutions for Design of its High-Volume Thermal Blade® Plants in a joint project with WAY Business Solutions

Altair Global Survey Shows Digital Twin Technology Key to Driving Automotive Industry Sustainability

92% say digital twins help create more sustainable products and processes TROY, Mich., May 17, 2023 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), released results from an independent survey that reveals a high adoption of digital twin technology in the automotive industry and its expected growth as a… Continue reading Altair Global Survey Shows Digital Twin Technology Key to Driving Automotive Industry Sustainability

Aerospace Robotics Market worth USD 7.91 Billion by 2029, in depth analysis of the current trends and future estimations

Manual and robots working together is creating new opportunities for aerospace robotics market. PUNE, India, May 17, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Aerospace Robotics Market. The Global Aerospace Robotics Market… Continue reading Aerospace Robotics Market worth USD 7.91 Billion by 2029, in depth analysis of the current trends and future estimations

Pressure Transducer Market to Garner $19,466.1 Million and Grow at a Fascinating CAGR of 11.29% in the 2022-2030 Timeframe | [250-Pages] Study by Research Dive

The global pressure transducer market is expected to grow significantly during the forecast period due to the growing demand for industrial automation across the globe. The North America region is expected to be most dominant by 2030. NEW YORK, May 17, 2023 /PRNewswire/ —  Global Pressure Transducer Market Forecast Analysis: As per the report published… Continue reading Pressure Transducer Market to Garner $19,466.1 Million and Grow at a Fascinating CAGR of 11.29% in the 2022-2030 Timeframe | [250-Pages] Study by Research Dive

Samsung Electro-Mechanics develops the world’s highest capacity MLCC for electric vehicles

SEOUL, South Korea, May 17, 2023 /PRNewswire/ — Samsung Electro-Mechanics announced on the 16th that it has succeeded in realizing the industry’s highest capacity in terms of high-pressure MLCC applicable to electric vehicles and has started market targeting by expanding its line-up for high-end level automotive electronic components. Continue Reading Samsung Electro-Mechanics develops the world’s… Continue reading Samsung Electro-Mechanics develops the world’s highest capacity MLCC for electric vehicles

Logistics Market size to grow at a CAGR of 2.12% from 2022 to 2027; Use of blockchain in logistics expected to be a major trend – Technavio

NEW YORK, May 19, 2023 /PRNewswire/ — The logistics market is estimated to grow by USD 125.65 billion from 2022 to 2027. However, the growth momentum will be progressing at a CAGR of 2.12% during the forecast period. The market is segmented by end-user (consumer goods, automotive, food and beverage, healthcare, and manufacturing and others) and geography (APAC,… Continue reading Logistics Market size to grow at a CAGR of 2.12% from 2022 to 2027; Use of blockchain in logistics expected to be a major trend – Technavio

Siemens to acquire Mass-Tech Controls’ EV division

The purchase consideration is INR 38 crore on a cash free and debt free basis and subject to other adjustments that are mutually agreed between the parties to the transaction. New Delhi: Siemens Limited signed an agreement on Friday to acquire the EV division of Mumbai-based Mass-Tech Controls Private Limited. The division is engaged in… Continue reading Siemens to acquire Mass-Tech Controls’ EV division

For 37% of respondents next personal car will be an EV, finds survey

Government’s push and promotion of EV is also appreciated by the people. 37% of the respondents see this as a driver for them. Mumbai: The Techarc consumer insights report released on Friday says that 37% of the respondents it surveyed believe that their next vehicle will be an EV, though not very sure about when… Continue reading For 37% of respondents next personal car will be an EV, finds survey

EXCLUSIVE: Suzuki Motorcycle India plant shut for a week due to cyber-attack

Suzuki Motorcycle India – the Japanese two-wheeler maker has been compelled to stop production at its factories due to a “cyber-attack” on its operations. According to several people in the know, the production has been stalled since Saturday, May 10, and it is estimated to have incurred a production of loss of over 20,000 vehicles… Continue reading EXCLUSIVE: Suzuki Motorcycle India plant shut for a week due to cyber-attack

SC dismisses Tata Motors’ appeal against BEST e-buses tender

The Supreme Court on Friday dismissed an appeal by Tata Motors challenging the Brihanmumbai Electric Supply and Transport’s (BEST) decision to disqualify the company from a tender bid for supplying 2,100 electric buses in Mumbai. BEST had earlier disqualified Tata Motors’ bid as “technically non-responsive,” and awarded the contract to Hyderabad-based Evey Trans. The court… Continue reading SC dismisses Tata Motors’ appeal against BEST e-buses tender