£275m funding for automotive and aerospace tech announced – PES Media <!– –> 4th Mar 2024, 09:31 • In News YASA One of the projects with new government funding is led by electric motor manufacturer YASA Ahead of the Spring Budget this week, the chancellor Jeremy Hunt has announced an investment package that features funding…

ManufacturingInvestmentMedTechTransport Chancellor Jeremy Hunt has announced a ‘significant’ investment package in the UK’s life sciences and manufacturing sectors ahead of Wednesday’s Spring Budget. The £360 million pledge includes £92m joint government and industry investment to expand facilities to manufacture life-saving medicines and diagnostics products; £200m joint investment in zero-carbon aircraft technology to develop a more…

The Vancouver International Auto Show, western Canada’s premier automotive event, is gearing up for an exciting return to the Vancouver Convention Centre in 2024 after a four-year break. Scheduled from March 20th-24th, this event promises auto enthusiasts an unparalleled showcase of luxury supercars, exotics, classic powerhouses, and the latest in environmentally focused electric vehicles (EVs),…

VeriSilicon, a leading technology company, recently announced a groundbreaking partnership with HPMicro that has resulted in a significant advancement in automotive technology. VeriSilicon’s high-performance 2.5D Graphics Processor Unit (GPU) Intellectual Property (IP) is now driving HPMicro’s latest HPM6800 series, marking a new standard in automotive digital dashboard displays and human-machine interface systems. The collaboration between…

VeriSilicon (688521.SH) has made a groundbreaking announcement on March 4, 2024, that its high-performance 2.5D Graphics Processor Unit (GPU) Intellectual Property (IP) is now driving HPMicro’s latest HPM6800 series. This new series represents a significant leap in digital dashboard displays and human-machine interface systems, setting a new standard in the automotive industry. Advertisment Strategic Collaboration…

Safety first! While driving Android Auto wants you to keep your eyes on the road your hand upon the wheel! No distractions in the form of entertainment apps will be allowed and Google is taking active steps to enforce that. Now, some Android Auto apps will only work when your car is fully stopped and…

As the auto insurance market grapples with the complexities of modern, tech-laden vehicles, artificial intelligence (AI) emerges as a pivotal tool in redefining the claims process. Amidst a backdrop of tightened insurer risk appetites and elevated repair costs, the industry seeks solace in AI’s potential to streamline operations and enhance decision-making accuracy. Yet, as total…

The Chancellor has today (4 March) announced a significant investment package in the UK’s life sciences and manufacturing sectors. Chancellor to announce significant funding package for R&D and manufacturing projects across the life sciences, automotive and aerospace sectors. £92 million joint government and industry investment to expand facilities to manufacture life-saving medicines and diagnostics products.…

Car owners across the nation are reeling from the sticker shock of escalating repair bills, a financial strain that has grown significantly in recent years. Pandemic-related disruptions, technological advancements, and a tightening labor market are among the key drivers pushing the cost of vehicle maintenance and repairs to new heights, leaving consumers and industry experts…

As automotive manufacturers increasingly focus on infotainment systems to differentiate their offerings, Volvo’s latest design decision for the EX30 has ignited a significant conversation about safety, technology, and user experience in modern vehicles. The Swedish auto giant’s choice to omit a traditional speedometer behind the steering wheel in favor of a minimalist approach has drawn…