Odisha Government is laying no stone unturned for its employees to purchase EVs. The transition from petroleum fuel is been done with an interest-free loan to the employees for an EV purchase. The target is to achieve 25% EVs on road by 2025:- The deadline for the advance for EV purchase is till 31 December 2025 for the state government employees. No application will be … Continue reading How is Odisha Govt supporting EV purchasing?
West meets the East. General Motors (GM) an American multinational automotive manufacturing company is expanding its partnership with Honda, a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment. The partnership is aiming for “a series of affordable electric vehicles” to be built on GM’s flexible EV platform with ultium-branded improved battery packs. They are targeting 2027 to launch millions of EVs such … Continue reading What partnership is resulting between GM and Honda?
It is interesting to note and observe the different business programs each of the key plays in the automobile fleet or the EV fleet launches. Each of them got different observations finding a way to attract customers in areas that have not yet been explored. Something like intercity rides. Most of the EV fleets are focusing on intracity due to obstacles and limitations. But with … Continue reading Can intercity EV rides be a new way to compete in the EV market?
The Mahindra group believes that the EV market with two-wheeler and three-wheeler segments is addressing the market anxiety positively. The alternative solution to battery charging with a swappable battery is increasing the demand among the consumer to experience the EV market. Mahindra & Mahindra achieve 70% penetration of the electrical three-wheeler in Q1 of the automobile market. Around Rs. 3000 crores invested in the electric … Continue reading What does Mahindra think about the EV market?
The road to mass customization of your product is the answer by Industry 4.0. As per Deloitte, “within the next five to 10 years, additive manufacturing will become a leading source of differentiation and innovation for physical products.” The spread of 5G networks is accelerating the growth of Industry 4.0 for boosting the product and speeding up the process. As per Amit Dror, cofounder and … Continue reading Who are the top Industry 4.0 startups in Israel?
As industry 4.0 grows with the current digitalization trend in the manufacturing unit. Industries are seeking for countries to form strong, reliable, and transformative partnerships in different countries. Israel is one such country and especially in the automotive sector. The reasons are due to its availability of robust technical capabilities in cybersecurity, operations optimization, platforms and connectivity, sensing and imaging, supply chain, maintenance, additive manufacturing, … Continue reading Why Israel is the next Industry 4.0 destination?
AM stands for additive manufacturing playing an important role to cut down the cost of the early prototypes. It supports taking care of the initial cost of the various components and parts. The 3D printing technology used by the GM for over 3 decades. The method has been beneficial for finding and addressing the part design issues before manufacturing the production tools. Even before you … Continue reading How does AM play an important role in the automotive market?
Well, over the period, and with changes in the advancement of the technologies. As per Bloomberg reports, the global market for ADAS in 2021 is projected to be USD 74.9 billion by 2030. It shows a CAGR of 11.9%. As per Deloitte insights on Industry 4.0 in the automotive industry, in the advanced technology category, Safety is 71% for Germany, 60% for the United States, … Continue reading Can IoT change the automotive pricing market?
Radar technology uses an electromagnetic system to detect the location and distance of objects and uses radio waves for determining the spread, angle, and object speed that is within the radius. As per a Bloomberg report, the global value of the radar market is expected to reach $44.35 billion by 2028 with a CAGR of 4.7% in 2028. The Bloomberg report states that the market … Continue reading The radar technology market and its key player
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