Brandenburg’s Economy Minister Joerg Steinbach said that while water supply was sufficient during the first stage, more would be needed once Tesla expands the site. The factory would nearly double the water consumption in the Gruenheide area, with 1.4 million cubic meters being contracted from local authorities per year — enough for a city of around 40,000 people. Steinbach said that the authorities would like to drill for more water there and outsource any additional supply if necessary. The Automotive News mission is to be the primary source of industry news, data and understanding for the industry’s decision-makers interested in …
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The remaining driver of growth in global car sales is the overall positive macroeconomic development, including the rise of the global consumer middle class. With established markets slowing in growth, however, growth will continue to rely on emerging economies, particularly China, while product-mix differences will explain different development of revenues. The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% …
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Through continuous improvements in battery technology and cost, those local differences will become less pronounced, and electrified vehicles are expected to gain more and more market share from conventional vehicles. At the same time, it is important to note that electrified vehicles include a large portion of hybrid electrics, which means that even beyond 2030, the internal-combustion engine will remain very relevant. In 2030, the share of electrified vehicles could range from 10 percent to 50 percent of new-vehicle sales. Adoption rates will be highest in developed dense cities with strict emission regulations and consumer incentives . Sales penetration will …
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This computing power must respect the constraints of power consumption, heat dissipation, and packaging space, and allow fast and flexible development while putting functional safety first. In this environment, automotive organizations must balance the need for new investments in software, data, and cloud while facing mounting pressure to cut costs and preserve cash. They must adapt the way they serve the customer, while maintaining traditional sales and service models. And they must form strategic partnerships to enable themselves, and the industry as a whole, to accelerate innovation and drive multiple transformations in parallel. PSA and Toyota have a 50-50% joint …
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As a result, the traditional business model of car sales will be complemented by a range of diverse, on-demand mobility solutions, especially in dense urban environments that proactively discourage private-car use. Overall global car sales will continue to grow, but the annual growth rate is expected to drop from the 3.6 percent over the last five years to around 2 percent by 2030. This drop will be largely driven by macroeconomic factors and the rise of new mobility services such as car sharing and e-hailing. We support suppliers with strategic problem-solving and innovation, development, and cost-cutting programs. Our Future Mobility …
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End-to-end security offerings and our ongoing commitment to keeping our customers secure. Success StoriesDiscover how together, Arm and partners are helping businesses innovate and push the boundaries of what’s possible across industries and at scale. Get knowledge from top technical experts about innovative projects building on Arm-based technology. While other industries, such as telecommunications or mobile phones/handsets, have already been disrupted, the automotive industry has seen very little change and consolidation so far. For example, only two new players have appeared on the list of the top-15 automotive original-equipment manufacturers in the last 15 years, compared with ten new players …
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Of automotive executives say that to succeed or even survive, their organizations need to digitally reinvent themselves. The type of city will thus become the key indicator for mobility behavior, replacing the traditional regional perspective on the mobility market. By 2030, the car market in New York will likely have much more in common with the market in Shanghai than with that of Kansas. Of that figure, only 14 countries currently possess the capability to design original production automobiles from the ground up. Transforming the automotive value proposition means transforming manufacturing operating models to be successful. The remaining driver of …
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Tesla’s internal production forecast, if achieved, would put the EV maker on track to meet Elon Musk’s goal for production in the coming quarter and put the automaker close to the scale of BMW by the end 2023. CAR’s mission is to produce independent research, convene stakeholders, and analyze critical issues facing the mobility industry and its impact on the economy and society. Using our latest technology, Subaru is developing life-saving systems like EyeSight and DriverFocus. With superior power efficiency and noticeably fast speed, Samsung’s eMMC is the definitive choice for flash storage to develop slim mobile design. AVL’s Stefan …