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Sona BLW Precision Forgings comes within Rs 14 of 52-week high after QIP launch; catch latest updates
Sona BLW Precision Forgings (SONACOMS) shares continued to rise for a second straight session on Thursday after the Gurugram-headquartered automotive technology company launched a qualified institutional placement (QIP) of shares at a discount of about three per cent to the market price. On BSE, the SONACOMS stock–part of the BSE 200 index–gained by as much as Rs 28.7 or 4.0…
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75% of Automakers Plan to Integrate GenAI Into Vehicles This Year
Generative AI is revolutionizing the automotive industry, pushing the boundaries of vehicle design, manufacturing and customer experience. The technology, which harnesses advanced algorithms to create novel solutions and streamline processes, is reshaping how carmakers approach R&D and interact with consumers. A PYMNTS Intelligence report, “How Generative AI Is Boosting Innovation for Carmakers and Drivers,” examines…
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Machinists Automotive Lodge 777 announces winners of new scholarship program
CONGRATULATIONS to students Jonathan Hinson (left) and Jim Jenkins, the first recipients of the Machinists Automotive lodge 777 scholarship program. – Machinists Automotive Lodge 777 photo By SHERI GASSAWAYAssistant Editor Students Jim Jenkins and Jonathan Hinson are the recipients of Machinists Automotive Lodge 777’s first scholarship program. The students each received $1,000 at Local…
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The future of automotive cybersecurity: Treating vehicles as endpoints
The automotive industry is facing many of the same cybersecurity risks and threats that successful organizations in other sectors are up against, but it’s also battling some distinct ones. In this Help Net Security interview, Josh Smith, Principal Threat Analyst at Nuspire – a managed security services provider that has deep roots in the automotive…
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Global Opto-Semiconductors Market: In-Depth Analysis, Trends, Competitive Scenario, Market Forecast; New Report
By 2034, the Opto-Semiconductors Market is Projected to Reach USD 47.8 Bn by 2034, Expanding at a Compound Annual Growth Rate (CAGR) of 10.5% over the Forecast Period The global opto-semiconductors market is witnessing dynamic growth, driven by the ongoing advancements in technology and the increasing demand across diverse sectors including telecommunications, consumer electronics, automotive,…
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Taiwan, Slovakia sign automotive technology development agreement
Prague, Sept. 3 (CNA) Taiwan’s representative office in Slovakia signed an agreement with a Slovak university and a research group from the Central European country on Tuesday to focus on automotive technology development under a semiconductor cooperation scheme. In a statement, the office said David Lee (李南陽), Taiwan’s representative to Slovakia, signed the cooperation accord…
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The role of 3D printing in automotive manufacturing
3D printing technology, also known as additive manufacturing, has revolutionized any number of industries by enabling the creation of complex structures with unprecedented precision and efficiency. This technology involves building objects layer by layer from a digital file, allowing for intricate designs that traditional manufacturing methods cannot achieve. In recent years, the automotive industry has…
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Waymo’s Robot Taxis Are Almost Mainstream. Can They Now Turn a Profit?
Now that its technology is showing it can work on city streets, Alphabet, which owns Waymo, plans to invest billions more. Over the last few months, Waymo’s robot taxis have become an unmistakable part of the San Francisco experience. Once a novelty service that opened last year for limited downtown trips, Waymo rides are now…
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Global Shift to Electric Vehicles Spurs Increased Demand for Automotive Wire and Cable Materials | Future Market Insights, Inc.
NEWARK, Del, Sept. 04, 2024 (GLOBE NEWSWIRE) — The automotive wire and cable material market was valued at USD 5,836.1 million in 2022. Over the forecast period, demand for automotive wire and cable materials is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.9%. The market value is projected to increase from…
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Automotive prof shares advice in MOTOR magazine
Among his advice, Holley encourages students to maintain a routine, use time management skills and take advantage of campus resources, including tutors, libraries and counseling services. He also discusses the varied work day that automotive technicians can expect, as well as the variety of work settings and the promising range of career opportunities. MOTOR Information…