SHANGHAI, May 19, 2023 /PRNewswire/ — Autoliv China, a subsidiary of the worldwide leader in automotive safety systems, Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), and NIO Inc., a leading electric vehicle company based in China, have signed a strategic cooperation framework agreement. The collaboration includes several new safety technologies for electric vehicles with an overarching… Continue reading Autoliv and NIO to develop safety technology for future electric vehicles
Tag: Manufacturing
HONEYWELL RELEASES CYBER INSIGHTS TO BETTER IDENTIFY CYBERSECURITY THREATS AND VULNERABILITIES
The new software-led solution enables organizations to defend against cybersecurity threats in their operational technology (OT) environments ATLANTA, May 23, 2023 /PRNewswire/ — Honeywell (Nasdaq: HON) today announced the release of its operational technology (OT) cybersecurity solution, Honeywell Forge Cybersecurity+ | Cyber Insights, to assist customers in improving the availability, reliability and safety of their industrial… Continue reading HONEYWELL RELEASES CYBER INSIGHTS TO BETTER IDENTIFY CYBERSECURITY THREATS AND VULNERABILITIES
HFA Architecture + Engineering Explore Design Flexibility and Automation in Industrial Spaces in Recent Webinar
Designing industrial sites for present and future tenants allows for growth opportunities for developers and accommodates the desire for increased robotics and automated technology. BENTONVILLE, Ark., May 23, 2023 /PRNewswire/ — Last week, HFA Architecture + Engineering hosted a free webinar, “Designing for Future Flexibility: A+E Best Practices for Industrial Development,” hosted by Marc Jennings, NCARB, VP of… Continue reading HFA Architecture + Engineering Explore Design Flexibility and Automation in Industrial Spaces in Recent Webinar
Ashok Leyland to spend ‘normal’ capex of Rs 600-750 crore in FY24 after two years of tightening
Chennai-based Ashok Leyland, a flagship company of Hinduja Group, hopes to return to its ‘normal’ capex spending of around Rs 600–Rs 750 crore in FY24, as opposed to the rather tightening done in FY23 and FY22, when the company incurred Rs 500 crore and Rs 400 crore, respectively. The company’s corresponding capex was Rs 617 crore… Continue reading Ashok Leyland to spend ‘normal’ capex of Rs 600-750 crore in FY24 after two years of tightening
Varroc Engineering bags Rs 5,178 crore in new order wins, including Rs 1,797 crore from key seven EV customers
Varroc Engineering, a tier-1 automotive component supplier, announced new orders worth over Rs 5178 crore during FY23 on Tuesday. Out of the total, business wins from seven prominent EV customers were at Rs 1,796.8 crore. About 56% of the order wins came from four-wheelers, while the remaining 44% were contributed by two- and three-wheelers, the… Continue reading Varroc Engineering bags Rs 5,178 crore in new order wins, including Rs 1,797 crore from key seven EV customers
NIO Inc. to Hold the All-New ES6 Launch Event on May 24, 2023
SHANGHAI, China, May 23, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects to host the all-new ES6 launch event in China on Wednesday, May 24, 2023. The all-new ES6… Continue reading NIO Inc. to Hold the All-New ES6 Launch Event on May 24, 2023
AutoLiv (ALV) & Nio Unite to Develop Safety Products for EVs
AutoLiv China, a subsidiary of automotive safety supplier AutoLiv Inc. ALV, and Nio, Inc. NIO, a China-based multinational automaker, signed a strategic cooperation framework agreement. The alliance aims to develop safety technologies for electric vehicles (EVs), with an overarching focus on sustainable solutions. Per the agreement, AutoLiv and Nio will design safety products for electric… Continue reading AutoLiv (ALV) & Nio Unite to Develop Safety Products for EVs
Electric Bus Market worth $678.3 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, May 23, 2023 /PRNewswire/ — Electric Bus Market is projected to grow at a CAGR of 41.7% during the forecast period, from an estimated market size of USD 58.9 billion in 2023 to USD 678.3 billion by 2030, according to a new report by MarketsandMarkets™. Rising GHG emissions and the increasing need for sustainable mobility… Continue reading Electric Bus Market worth $678.3 billion by 2030 – Exclusive Report by MarketsandMarkets™
Airbiquity Wins 2023 IoT Evolution “Industrial IoT Product of the Year” Award
OTAmatic Software Management Platform Recognized as a Leading Industrial IoT Solution SEATTLE, May 23, 2023 /PRNewswire/ — Airbiquity®, a global leader in connected vehicle services, today announced its OTAmatic® Software Management Platform has received a 2023 IoT Evolution Industrial IoT Product of the Year Award honoring the best, most innovative products and solutions powering the… Continue reading Airbiquity Wins 2023 IoT Evolution “Industrial IoT Product of the Year” Award
Lear Adding Connection Systems Plant in Morocco
Facility will open in Q3 2023, manufacture injection molded parts and engineered plastics SOUTHFIELD, Mich., May 23, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced plans to open a Connection Systems plant in Morocco in the third quarter of 2023 that will manufacture injection molded… Continue reading Lear Adding Connection Systems Plant in Morocco