Honeywell Discusses Shifts in Auto Industry October 18, 2022 Executives from Honeywell discuss the shifts in the auto industry as its transitions from internal combustion engines (ICE) to electric vehicles.
Honda, LG Energy Announce Site of Joint Venture October 11, 2022 Honda and LG Energy Solution today announced that their new joint venture (JV) battery plant will be located in Fayette County, Ohio, about 40 miles southwest of Columbus, where the two companies will commit to investing $3.5 billion and creating 2,200 jobs, pending final government approvals.
Getting Back to Sort-Of Normal July 13, 2021 With vaccinations on the rise, the in-person collaboration that is still essential to doing business, including trade shows, is growing. But challenges to recovery from the pandemic remain. Global supply chains are struggling with multiple disruptions. Shipping rates are historically high. Computer chip shortages are curbing output.
Advancing Industry 4.0 in a Pandemic September 9, 2021 The president of Eaton's Vehicle Group describes how the company accelerated its use of Industry 4.0 during the COVID-19 pandemic.
How Cloud Computing Is Reshaping EVs September 10, 2021 Karma Automotive, a luxury electric automaker, provides a case study of how cloud computing can reshape EVs.
Names Change, But the CEO Mystique Endures July 30, 2021 The names change. So do the industries. But the mystique of the all-knowing CEO endures.
Data Exchange to Link Cities, Automotive, Utility Sectors August 2, 2021 Terbine announced in conjunction with the Center for Automotive Research’s annual conference what it called the first commercial Data Exchange for the rapidly evolving world of connected vehicles.
GM Reports Quarterly Profit, Raises Forecast August 4, 2021 General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.
Caterpillar Quarterly Profit Rises on Sales Boost July 30, 2021 Caterpillar Inc. today reported a higher second-quarter profit as sales of its heavy equipment increased.
Drive for EVs Challenges Auto Industry as Never Before June 16, 2021 Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.