BMW

L.B. Foster Company Announces the Appointment of Janet Lee to its Board of Directors and the Retirements of Suzanne B. Rowland and Robert S. Purgason

Retrieved on: 
Friday, December 2, 2022

From 2010 to 2017, Ms. Lee was Vice President, Legal and Intellectual Property for HERE Technologies North America, a privately-held location and mapping company owned by BMW, Audi and Daimler.

Key Points: 
  • From 2010 to 2017, Ms. Lee was Vice President, Legal and Intellectual Property for HERE Technologies North America, a privately-held location and mapping company owned by BMW, Audi and Daimler.
  • Foster Chairman of the Board of Directors, commented on the appointment, The board is excited to have Janet join the company.
  • Foster Company is a global solutions provider of engineered, manufactured products and services that builds and supports infrastructure.
  • The Company cautions readers that various factors could cause the actual results of the Company to differ materially from those indicated by forward-looking statements.

Russo-Ukrainian War and its Effects on the Global Automotive Industry: Worsening Supply of Raw Materials, Semiconductor Chips, EV Batteries would Lead to 1 Million Fewer Vehicles Produced Worldwide - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022

The "Russo-Ukrainian War and its Effects on the Global Automotive Industry" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Russo-Ukrainian War and its Effects on the Global Automotive Industry" report has been added to ResearchAndMarkets.com's offering.
  • The Russo-Ukrainian war severely disrupted the automotive value chain and prompted OEMs and suppliers to defer or discontinue trade with Russia.
  • The research service will elucidate the key issues auto OEMs face for raw material & auto parts demand and supply.
  • Understand and analyze the current scale and effects of the crisis on the global automotive industry.

2022 Outlook on the Passenger Car Vision Global Market - Featuring Denso, Bosch, APTIV, Panasonic Automobile and Magna Among Others

Retrieved on: 
Friday, December 2, 2022

DUBLIN, Dec. 2, 2022 /PRNewswire/ -- The "Global Passenger Car Vision Industry Report, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 2, 2022 /PRNewswire/ -- The "Global Passenger Car Vision Industry Report, 2022" report has been added to ResearchAndMarkets.com's offering.
  • Foreign automotive vision research: leading Tier 1 suppliers vigorously deploy DMS/OMS, and vital sign detection becomes a standard configuration for OMS.
  • The revenues of major Tier 1 suppliers in 2021 sustained growth, as they made comprehensive layout of automotive vision business.
  • At present Bosch's products include front-view mono/stereo cameras, rear-view mirrors, surround-view cameras, DMS and OMS, as well as ADAS/autonomous driving/automated parking solutions.

Chinese Driving Recorder Industry 2022: In 2022H1, the Sales Volume of Passenger Cars Equipped With OEM DVRs Increased by 52.5% Year-On-Year

Retrieved on: 
Friday, December 2, 2022

As EDRs has become the standard configuration of new cars, the OEM installation rate of driving recorders/digital video recorders (DVRs) has also risen.

Key Points: 
  • As EDRs has become the standard configuration of new cars, the OEM installation rate of driving recorders/digital video recorders (DVRs) has also risen.
  • From a monthly trend, the OEM installation rate of driving recorders in passenger cars (note: the sales proportion of passenger cars with driving recorder as standard configuration as a percentage of the total passenger car sales volume) jumped from 8.9% in April 2021 to 21.9% in June 2022.
  • On annual basis, the OEM installation rate of driving recorders in passenger cars hit 7.0% in 2019, 8.0% in 2020, 14.5% in 2021, and 19.6% in 2022H1.
  • The growth in the sales volume of new energy vehicles also led to the growth of OEM driving recorders.

The global automotive LiDAR market is projected to grow from USD 555 million in 2022 to USD 8,611 million by 2030, at a CAGR of 40.9%

Retrieved on: 
Friday, December 2, 2022

Key Points: 
  • The global automotive LiDAR market is projected to grow from USD 555 million in 2022 to USD 8,611 million by 2030, at a CAGR of 40.9%.
  • Most level 4 and level 5 autonomous vehicles will be equipped with LiDAR sensors at bumpers & grills in the coming years.
  • All these parameters are expected to bolster the revenue growth of the North America automotive LiDAR market during the forecast period.The US is projected to be the largest automotive LiDAR market in North America.
  • All these factors, are expected to augment revenues for BEV segment of the automotive LiDAR market during the forecast period.

Mergon Group opens Phase 1 of €15 million Mexican Investment and aims to double its North American production

Retrieved on: 
Friday, December 2, 2022

DUBLIN, Dec. 2, 2022 /PRNewswire/ -- Mergon Group, a global leader in plastics manufacturing, with headquarters in Ireland has officially opened its new green field facility in Ramos Arizpe, near Saltillo, Mexico.

Key Points: 
  • The company, which celebrated 40 years in business last year, expects to create150 new jobs in the first year.
  • These companies are forecasting strong growth over the coming years and Mergon is helping them achieve their vision.
  • The new purpose-built plant will allow Mergon to realise its ambitious growth plans, focusingon the automotive and industrial sectors.
  • We have ambitious plans to grow our North American business, and this is an integral step in achieving that.

Stellantis to Keynote at CES 2023

Retrieved on: 
Thursday, December 1, 2022

DETROIT, Dec. 1, 2022 /PRNewswire/ -- The Consumer Technology Association (CTA)® today announced Stellantis CEO Carlos Tavares as a keynote speaker at CES® 2023. The keynote address will feature the global unveiling of the Ram 1500 Revolution Battery Electric Vehicle Concept and the Peugeot Inception Concept. The presentation will chronicle Stellantis' vision for making mobility clean, safe and affordable for all.

Key Points: 
  • DETROIT, Dec. 1, 2022 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced Stellantis CEO Carlos Tavares as a keynote speaker at CES 2023.
  • CES 2023 features Stellantis keynote, global unveiling of Ram 1500 Revolution BEV Concept & Peugeot Inception Concept.
  • He joins top executives from John Deere , AMD , BMW and Delta Air Lines as part of the CES keynote lineup.
  • CES 2023 will take place in person in Las Vegas, and digitally, Jan. 5-8, 2023.

The EV Market Doubles Down on Permanent Magnets Despite Material Costs, Says IDTechEx

Retrieved on: 
Thursday, December 1, 2022

IDTechEx has carried out extensive research into the electric motor market for electric vehicles, including analysis, benchmarking, and demand forecasts of different motor technologies in its report: " Electric Motors for Electric Vehicles 2022-2032 ".

Key Points: 
  • IDTechEx has carried out extensive research into the electric motor market for electric vehicles, including analysis, benchmarking, and demand forecasts of different motor technologies in its report: " Electric Motors for Electric Vehicles 2022-2032 ".
  • To date, the three main categories used in the electric car market are permanent magnet motors, induction motors, and wound rotor motors.
  • Permanent magnet motors are by far the most commonly used electric motor in the EV market thanks to their high power density, torque density, and efficiency.
  • Despite the interest, the permanent magnet motor market share for the first half of 2022 actually rose to 86% over 84% in 2021.

The EV Market Doubles Down on Permanent Magnets Despite Material Costs, Says IDTechEx

Retrieved on: 
Thursday, December 1, 2022

IDTechEx has carried out extensive research into the electric motor market for electric vehicles, including analysis, benchmarking, and demand forecasts of different motor technologies in its report: " Electric Motors for Electric Vehicles 2022-2032 ".

Key Points: 
  • IDTechEx has carried out extensive research into the electric motor market for electric vehicles, including analysis, benchmarking, and demand forecasts of different motor technologies in its report: " Electric Motors for Electric Vehicles 2022-2032 ".
  • To date, the three main categories used in the electric car market are permanent magnet motors, induction motors, and wound rotor motors.
  • Permanent magnet motors are by far the most commonly used electric motor in the EV market thanks to their high power density, torque density, and efficiency.
  • Despite the interest, the permanent magnet motor market share for the first half of 2022 actually rose to 86% over 84% in 2021.

CES 2023 on Track for Record Post-Pandemic Growth

Retrieved on: 
Wednesday, November 30, 2022

ARLINGTON, Va., Nov. 30, 2022 /PRNewswire/ -- As anticipation builds for CES® 2023, the Consumer Technology Association (CTA)® today held a virtual press conference highlighting record post-pandemic sales and continued momentum that, if held today, make CES 2023 50% bigger than CES 2022.

Key Points: 
  • ARLINGTON, Va., Nov. 30, 2022 /PRNewswire/ -- As anticipation builds for CES 2023, the Consumer Technology Association (CTA) today held a virtual press conference highlighting record post-pandemic sales and continued momentum that, if held today, make CES 2023 50% bigger than CES 2022.
  • CES 2023 on track for record post-pandemic growth.
  • Visit CES.tech for all CES 2023 updates, registration details and the media page for all press resources.
  • CES 2023 will take place in person in Las Vegas, and digitally, Jan. 5-8, 2023.