AVL

Automotive Battery Management System Market worth $11.7 billion in 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

In the distributed battery management system topology, each cell in the battery pack has a dedicated slave board that measures and controls an individual cell.

Key Points: 
  • In the distributed battery management system topology, each cell in the battery pack has a dedicated slave board that measures and controls an individual cell.
  • However, the cost of a distributed system can be much higher for battery packs with many cells than that of a centralized system.
  • The European automotive battery management system industry has been segmented into Germany, the UK, France, and the Rest of Europe.
  • These factors are driving the growth of the automotive battery management system market in this region.

Avalon Appoints Veteran Renewables and Clean-Tech Executive to Board of Directors

Retrieved on: 
Wednesday, October 25, 2023

The appointment is effective October 24th, 2023, and further solidifies a revamped Board and Governance structure that will accelerate Avalon's corporate development.

Key Points: 
  • The appointment is effective October 24th, 2023, and further solidifies a revamped Board and Governance structure that will accelerate Avalon's corporate development.
  • We look forward to his contributions to the Board and Avalon's senior leadership team."
  • The executive successfully took an idea from lab patent in 2000 to a public company in 2010.
  • Avalon would also like to extend its sincere gratitude to John E. Fisher, who has stepped down from the Board of Directors.

Styria among the EU top 3 in green hydrogen: number of researchers increases by 50 percent, focus on industrial application

Retrieved on: 
Wednesday, October 25, 2023

And an enormous share of research into green hydrogen in this country is being carried out by companies such as AVL.

Key Points: 
  • And an enormous share of research into green hydrogen in this country is being carried out by companies such as AVL.
  • This means an increase of about 50 percent compared to the last survey in 2021.
  • More than 60 % of Austria's hydrogen researchers are concentrated in the so called Green Mark, followed by Vienna.
  • This also places Austria among the top 3 in the EU, after Jülich (Germany) and Sintef (Norway).

Styria among the EU top 3 in green hydrogen: number of researchers increases by 50 percent, focus on industrial application

Retrieved on: 
Wednesday, October 25, 2023

And an enormous share of research into green hydrogen in this country is being carried out by companies such as AVL.

Key Points: 
  • And an enormous share of research into green hydrogen in this country is being carried out by companies such as AVL.
  • This means an increase of about 50 percent compared to the last survey in 2021.
  • More than 60 % of Austria's hydrogen researchers are concentrated in the so called Green Mark, followed by Vienna.
  • This also places Austria among the top 3 in the EU, after Jülich (Germany) and Sintef (Norway).

Avalon Expands Partnership Agreement with Metso of Finland for its Lithium Processing Facility and New Technology & Innovation Centre in Ontario

Retrieved on: 
Thursday, October 19, 2023

Metso to provide testing and engineering equipment procurement and related services to develop and commercialize Avalon's Thunder Bay lithium processing facility.

Key Points: 
  • Metso to provide testing and engineering equipment procurement and related services to develop and commercialize Avalon's Thunder Bay lithium processing facility.
  • Avalon and Metso to cooperate on the recycling of used batteries and the refining of battery chemicals for recycle use.
  • The expanded partnership agreement follows a memorandum of understanding from July 2023 that enabled Metso and Avalon to develop an innovative, sustainable methodology to produce commercial lithium hydroxide from petalite mineral feeds.
  • "Avalon is proud to import world-leading innovation and processing technology solutions to help ensure that Canada leads the NetZero economy of the future.

Federal Ministers, The Hon. François-Philippe Champagne, The Hon. Patty Hajdu and Other Dignitaries Tour Avalon's Planned Lithium Processing Site in Thunder Bay, ON

Retrieved on: 
Thursday, October 12, 2023

Patty Hajdu, Minister of Indigenous Services and FedNor and other officials for a private tour of the Company's planned lithium processing site in Thunder Bay, ON.

Key Points: 
  • Patty Hajdu, Minister of Indigenous Services and FedNor and other officials for a private tour of the Company's planned lithium processing site in Thunder Bay, ON.
  • The delegation toured Avalon's 383-acre industrial property on Strathcona Avenue that features major transportation infrastructure including, road, rail and deep-water port access.
  • A proportionate level of financing is now required to develop a secure, fully on-shored supply of lithium raw material to manufacturers.
  • The Avalon processing facility in Thunder Bay will operate as a regional hub, helping generate associated investment flow across Ontario.

Avalon Commences New $3.6M Drilling Program at Flagship Separation Rapids Joint Venture Lithium Deposit

Retrieved on: 
Tuesday, October 3, 2023

"This is the logical and exciting next step in moving Separation Rapids forward into commercial production.

Key Points: 
  • "This is the logical and exciting next step in moving Separation Rapids forward into commercial production.
  • On August 10th, 2023 Avalon announced a Mineral Resource Estimate ("MRE") for Separation Rapids, which is located near Kenora, ON.
  • The MRE results confirmed sufficient qualities in the Separation Rapids deposit for both the glass-ceramics and lithium battery markets.
  • Avalon and Sibelco are continuing to negotiate in good faith a definitive agreement in respect of the joint venture.

Simulation Software Market worth $33.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 13, 2023

The exponential growth of Gaming, Augmented Reality (AR), Virtual Reality (VR), and Training Simulation Software in the Simulation Software Market can be attributed to its versatility and transformative impact.

Key Points: 
  • The exponential growth of Gaming, Augmented Reality (AR), Virtual Reality (VR), and Training Simulation Software in the Simulation Software Market can be attributed to its versatility and transformative impact.
  • Engineering, research, modeling, and simulated testing collectively dominate the Simulation Software Market due to its critical role in accelerating innovation while reducing costs and risks.
  • Engineering relies heavily on simulation software to design and optimize complex systems in aerospace, automotive, or civil engineering.
  • To describe and forecast the global Simulation Software Market by offering, software type, deployment mode, application, vertical, and region.

Simulation Software Market worth $33.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 13, 2023

The exponential growth of Gaming, Augmented Reality (AR), Virtual Reality (VR), and Training Simulation Software in the Simulation Software Market can be attributed to its versatility and transformative impact.

Key Points: 
  • The exponential growth of Gaming, Augmented Reality (AR), Virtual Reality (VR), and Training Simulation Software in the Simulation Software Market can be attributed to its versatility and transformative impact.
  • Engineering, research, modeling, and simulated testing collectively dominate the Simulation Software Market due to its critical role in accelerating innovation while reducing costs and risks.
  • Engineering relies heavily on simulation software to design and optimize complex systems in aerospace, automotive, or civil engineering.
  • To describe and forecast the global Simulation Software Market by offering, software type, deployment mode, application, vertical, and region.

ITRI Holds Envisioning a Better Future International Forum Featuring Global Industry Giants

Retrieved on: 
Tuesday, September 12, 2023

TAIPEI, Sept. 12, 2023 /PRNewswire/ -- As a part of its 50th anniversary celebration, ITRI hosted the International Forum Envisioning a Better Future on September 12 to explore Taiwan's forthcoming industry opportunities toward 2035.

Key Points: 
  • TAIPEI, Sept. 12, 2023 /PRNewswire/ -- As a part of its 50th anniversary celebration, ITRI hosted the International Forum Envisioning a Better Future on September 12 to explore Taiwan's forthcoming industry opportunities toward 2035.
  • The event featured participation from industry giants such as Applied Materials, Corning Incorporated, Merck, Oxford Instruments, Mitsubishi Electric, and AVL List GmbH.
  • Premier Chen Chien-jen attended the opening ceremony and acknowledged ITRI's pivotal role in empowering Taiwan's global competitiveness.
  • With representatives from the US, UK, Japan, and Europe, alongside ITRI's international partners at the forum, Lee trusted that strengthening Taiwan's global ties could ensure a reliable global supply chain.