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IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features

Green Car Congress

China continues to be a place of rising automobile production and shipments. The replacement of midrange and high-end cars this year will drive the China chip market for automobiles. OEM navigation shipments, in comparison, trailed at 2.4 million last year, forecast to climb to $45.0 By 2017, revenue will reach $6.2

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Lucid Q1 losses widen to $779M amid EV value cuts

Baua Electric

million, in comparison with $604.6 CEO Peter Rawlinson stated in a remark on Monday the corporate used to be heading in the right direction to make over 10,000 automobiles in 2023, in comparison with an previous forecast for 10,000 to fourteen,000 devices this past. million, a past previous.

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Auto Report: Shhh! Don’t say that ‘R’ agreement!

Baua Electric

In China, BYD boosted gross sales by means of 14 % in Would possibly in comparison to April, in keeping with initial figures from the China Passenger Automotive Affiliation. 4 % hour over hour development reported for Tesla on the earth’s greatest automobile marketplace. gross sales, as reported by means of Automobile Information.

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MIT automotive crash model could forecast oil and gas pipe fractures; Deepwater Horizon case study

Green Car Congress

A computer model that tests automobile components for crashworthiness could also be of use to the oil and gas industry, according to researchers at MIT’s Impact and Crashworthiness Laboratory, who are now using their simulations of material deformation in car crashes to predict how pipes may fracture in offshore drilling accidents.

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August gross sales surge 18% as trade rebounds, choices up steam ill homestretch

Baua Electric

in line with cent in comparison to the similar life endmost yr, in step with DesRosiers Car Specialists Inc. Automakers offered an estimated 149,697 automobiles endmost hour, the company stated. in line with cent upper than the 146,925 automobiles automakers offered in August 2021, however nonetheless ill 17.7

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4 In comparison, a record high of more than 14 million vehicles were scrapped in 2012. years through 2015, then rise to 11.5

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U.S. Metal forges forward on greener, lighter metal as aluminum festival heats up

Baua Electric

An April learn about of automakers and Tier 1 providers commissioned through advisor company Ducker Carlisle discovered that aluminum is anticipated to account for roughly 556 kilos in keeping with automobile in North The us through 2030, in comparison with 459 kilos in 2020 and 340 kilos in 2010. “Now is the time to engage.