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Eaton introduces three new power take-off applications and hydraulic control valves at Work Truck Show

Retrieved on: 
Wednesday, February 28, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    APSCO, an Eaton distribution partner, offers a complementary, versatile product line with a large installed base.
  • These valve offerings will help Eaton distributors with replacement parts and can also be used for new installs.
  • Bezares USA is a global manufacturer of PTOs, hydraulic pumps, fittings, tanks, valves and other related mobile power hydraulic components.
  • Eaton has a distribution agreement with Bezares USA and APSCO to serve as a distributor for mobile power hydraulic portfolio and hydraulic control valves, respectively.

Global and China Passenger Car Intelligent Steering Industry Report 2023: Suppliers and OEMs Quicken their Pace of Deploying Steer-by-Wire, with More Production Models - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 27, 2024

The "Passenger Car Intelligent Steering Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car Intelligent Steering Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Passenger Car Intelligent Steering Industry Report, 2023 combs through and studies the status quo of passenger car intelligent steering and the product layout of OEMs, suppliers, and supply chains, and predicts the future development trends of passenger car intelligent steering.
  • From 2020 to 2023, the penetration of EPS in the Chinese passenger car market remained at a high level.
  • Suppliers and OEMs quicken their pace of deploying steer-by-wire, with more production models.

Grupo Bafar Reports Fourth Quarter 2023 Results

Retrieved on: 
Thursday, February 15, 2024

CHIHUAHUA, Mexico, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grupo Bafar, S.A.B de C.V. (BMV: BAFARB), a recognized leader in the Mexican food sector, has announced its results for the fourth quarter of 2023, highlighting solid growth in its main divisions.

Key Points: 
  • CHIHUAHUA, Mexico, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grupo Bafar, S.A.B de C.V. (BMV: BAFARB), a recognized leader in the Mexican food sector, has announced its results for the fourth quarter of 2023, highlighting solid growth in its main divisions.
  • During the fourth quarter of 2023, Grupo Bafar reaffirms its position as one of the leading food companies in Mexico, consolidating four decades of business success.
  • The financial results for the fourth quarter of 2023 confirm Grupo Bafar's solid financial position, which allowed it to make strategic investments of close to $4,818.5 million pesos.
  • Eugenio Baeza Fares, Chairman of the Board of Grupo Bafar, expressed his satisfaction with the results obtained in the fourth quarter of 2023 and commented on the employee’s hard work and commitment towards the company.

Global and China New Energy Vehicle Electric Drive and Power Domain Industry Report 2023 - OEMs Working Harder to Independently Develop and Manufacture Electric Drive Systems

Retrieved on: 
Thursday, February 15, 2024

DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Electric drive and power domain research: electric drive assembly evolves to integration and domain control
    To follow the development trend for electrified and lightweight vehicles, new energy vehicle electric drive assembles tend to be highly integrated.
  • OEMs work harder to independently develop and manufacture electric drive systems.
  • 1.1 Mainstream Electric Drive Integration Solution: Three-in-one
    1.2 Future Electric Drive Integration Trend: All-in-one Deep Integration
    4.2 China Passenger Car Power Domain Controller Market Size, 2022-2025E

Global and China New Energy Vehicle Electric Drive and Power Domain Industry Research Report 2023 Featuring 6 International Powertrain Controller and Solution Suppliers and 11 Chinese Suppliers - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Electric drive and power domain research: electric drive assembly evolves to integration and domain control
    To follow the development trend for electrified and lightweight vehicles, new energy vehicle electric drive assembles tend to be highly integrated.
  • DCU3000, a vehicle power domain controller launched by Tianjin Yidingfeng Powertrain, integrates control functions such as VCU, BMS, and thermal management.
  • 1.1 Mainstream Electric Drive Integration Solution: Three-in-one
    1.2 Future Electric Drive Integration Trend: All-in-one Deep Integration
    4.2 China Passenger Car Power Domain Controller Market Size, 2022-2025E

GOODYEAR ANNOUNCES SENIOR LEADERSHIP TRANSITION: MARK STEWART TO SUCCEED RICH KRAMER AS CEO

Retrieved on: 
Thursday, January 18, 2024

AKRON, Ohio, Jan. 18, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Mark Stewart has been elected Chief Executive Officer and President, effective January 29, 2024. He will succeed Richard J. Kramer, who previously announced his planned retirement from the company following 24 years of service, including 14 as Chairman, CEO and President. On the effective date, Laurette T. Koellner, Independent Lead Director of Goodyear's Board since 2019, will become non-executive Board Chair, and Stewart will be added to the Goodyear Board as a director.

Key Points: 
  • He will succeed Richard J. Kramer, who previously announced his planned retirement from the company following 24 years of service, including 14 as Chairman, CEO and President.
  • On behalf of the Board of Directors, I thank Rich for his remarkable leadership at Goodyear and commitment to supporting a smooth transition."
  • Kramer said, "It has been an honor and privilege to lead this great company during my 14 years as CEO.
  • Kramer will continue to serve Goodyear in an advisory capacity to ensure a smooth transition.

IDTechEx Finds Removing Rare-Earths Drives Demand for Copper in EV Motors

Retrieved on: 
Thursday, January 18, 2024

Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.

Key Points: 
  • Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.
  • The report considers technology evolution and provides forecasts within each of these components for copper demand between 2024 and 2034.
  • Permanent magnet motors include magnets in the rotor, induction motors include copper or aluminum bars, wound rotor motors include further copper windings, and reluctance motors are predominantly steel.
  • IDTechEx's report " Copper Demand for Cars 2024-2034: Trends, Utilization, Forecasts " builds on its " Electric Motors for Electric Vehicles 2024-2034 " report to provide an in-depth look at motor technology's impact on copper utilization, predicting a 3.1-fold increase in copper demand for EV motors between 2023 and 2034.

IDTechEx Finds Removing Rare-Earths Drives Demand for Copper in EV Motors

Retrieved on: 
Thursday, January 18, 2024

Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.

Key Points: 
  • Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.
  • The report considers technology evolution and provides forecasts within each of these components for copper demand between 2024 and 2034.
  • Permanent magnet motors include magnets in the rotor, induction motors include copper or aluminum bars, wound rotor motors include further copper windings, and reluctance motors are predominantly steel.
  • IDTechEx's report " Copper Demand for Cars 2024-2034: Trends, Utilization, Forecasts " builds on its " Electric Motors for Electric Vehicles 2024-2034 " report to provide an in-depth look at motor technology's impact on copper utilization, predicting a 3.1-fold increase in copper demand for EV motors between 2023 and 2034.

Tachyum Well Positioned for an Exceptional 2024

Retrieved on: 
Tuesday, January 9, 2024

Increased Business Development – With the final reference chip available, Tachyum will target early adopter markets, including high performance computing and artificial intelligence applications.

Key Points: 
  • Increased Business Development – With the final reference chip available, Tachyum will target early adopter markets, including high performance computing and artificial intelligence applications.
  • Tachyum diligently worked throughout 2023 to ensure that it is positioned at the precipice of success for the coming year.
  • In 2023, Tachyum received a major purchase order from a U.S. company to build a large-scale system based on its 5nm Prodigy Universal Processor chip.
  • We look forward to fulfilling our commitment to transforming ordinary data centers into Universal Computing Centers in the near future.”

Kodiak Unveils Industry-First Semi-Truck Designed for Scaled Driverless Deployment

Retrieved on: 
Tuesday, January 9, 2024

LAS VEGAS and MOUNTAIN VIEW, Calif., Jan. 9, 2024 /PRNewswire/ -- Kodiak Robotics, Inc., a leading self-driving trucking company, today introduced the world's first driverless-ready semi-truck designed for scaled deployment. It is equipped with all the necessary redundant safety-critical hardware, including braking, steering and sensors, as well as the software required for driverless operations at scale. Kodiak's sixth-generation truck further enhances the overall reliability of the technology by building on Kodiak's five years of real-world testing that includes 5,000 loads carried over more than 2.5 million miles. This new truck will be used for Kodiak's driverless operations, which it plans to initiate between Dallas and Houston in 2024. The vehicle will debut at the 2024 Consumer Electronics Show (CES) at Kodiak's LiDAR partner Luminar's booth in the West Plaza (outside beside the Diamond Lot) at booth number WP-10.

Key Points: 
  • The driverless-ready sixth-generation Kodiak truck has integrated all of the redundant braking, steering, sensors and other hardware systems required for safe, scalable driverless operations
    LAS VEGAS and MOUNTAIN VIEW, Calif., Jan. 9, 2024 /PRNewswire/ -- Kodiak Robotics, Inc. , a leading self-driving trucking company, today introduced the world's first driverless-ready semi-truck designed for scaled deployment.
  • This new truck will be used for Kodiak's driverless operations, which it plans to initiate between Dallas and Houston in 2024.
  • The Kodiak Driver, Kodiak's vehicle-agnostic self-driving system, including its redundant, driverless-ready hardware platform, is designed to be safer than a human driver.
  • While traditional trucks feature redundant braking systems, Kodiak is taking it one step further in the interest of safety.