Construction begins with virtual groundbreaking ceremony attended by Singapore Prime Minister Lee Hsien Loong, South Korea’s Industry Minister Sung Yun-mo, and Hyundai Motor Group Executive Vice Chairman Euisun Chung
HMGICS to serve as an innovation center for future mobility studies
Construction due to be completed by the end of 2022
Center to lead paradigm shift in mobility value chain, spanning the entire lifecycle of vehicles
Small-scale manufacturing capabilities focused on EVs to test a customer-centered manufacturing platform
HMGICS to explore new business concepts, including battery-as-a-service
SEOUL, South Korea and SINGAPORE, Oct. 13, 2020 /PRNewswire/ — Hyundai Motor Group (the Group) celebrated the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) with a virtual ceremony today. The center will act as an open innovation lab for the Group’s future mobility research and development, with the aim of revolutionizing the future mobility value chain.
The MarketWatch News Department was not involved in the creation of this content.
Oct 08, 2020 (Market Insight Reports) —
The global Autonomous Car Technology Market research report 2020 provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Autonomous Car Technology market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue, and forecast 2026.
The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and present times, supervisory scenario & technological growth. This report also includes the overall and comprehensive study of the Autonomous Car Technology market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Autonomous Car Technology industry and provides data for making strategies to increase
Valeo has developed the world’s most powerful air-sterilization system for bus and motor coach cabins.
The system eliminates, upon activation and in a single airflow cycle, more than 95 percent of viruses, including Covid-19, as well as any bacteria or mold present in the air circulating in the cabin.
Irrespective of the source of infection, whether inside or outside the vehicle, Valeo-designed modules are effective throughout the vehicle’s journey with passengers onboard.
The Valeo devices are available as a standalone solution box or they can be directly integrated into a vehicle’s air conditioning system. They use ultraviolet light technology similar to that used in medical and hospital facilities. The UV rays work as both a bactericide and a germicide and can kill microbes such as viruses and pathogens. The rays stop these microbes from spreading and can be used as an alternative to other disinfection methods, avoiding the use of
LOS ANGELES, Sept. 30, 2020 /PRNewswire/ — Realife Tech, the Experience Automation Platform working with the world’s biggest entertainment destinations and events, announced today a three-year partnership with the Indianapolis Motor Speedway(IMS). This partnership is designed to connect and improve all fan engagement platforms through Realife Tech’s Experience Automation Platform. The first utilization of this technology will be deployed during the NTT INDYCAR SERIES’ INDYCAR Harvest GPpresented by GMR and the Intercontinental GT Challenge Powered by Pirelli sports car championship from Oct. 2-4.
This partnership includes a world-class venue mobile app personalized for all IMS fans, as well as a full integration with IMS’ new proprietary digital ticketing solution, as digital ticketing will be the only way to enter the track for the races on Oct. 2-4. IMS went through a rigorous vetting process guided by NTT DATA, the Official Technology Partner of
Exro Technologies is pleased to announce Julie (McCoy) Wurmlinger to the Board of Directors
Retired Global Chief Engineer from Ford Motor Company and current President/Owner of OhmTek, LLC Technical Consulting joins Exro Board of Directors
Possesses decades of experience in the automotive industry
Committed to accelerating commercialization of Exro’s technology into global powertrain sectors and automotive applications
CALGARY, AB / ACCESSWIRE / September 29, 2020 / Exro Technologies Inc. (TSXV:EXRO)(OTCQB:EXROF), a leading technology company which has developed a new class of power electronics for electric motors and powertrains, is pleased to announce that Julie (McCoy) Wurmlinger, an accomplished engineering leader in the automotive industry, has joined the Exro Board of Directors (“Board of Directors”).
As a retired Global Chief Engineer from Ford Motor Company and current President/Owner of OhmTek, LLC, with more than 30 years of experience, Ms. Wurmlinger brings a global perspective to innovation and product development in the
The MarketWatch News Department was not involved in the creation of this content.
New York, Sep 26, 2020 (GLOBE NEWSWIRE via COMTEX) —
New York, Sept. 26, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “North America Stepper Motor Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Type, Technology, and End user, and Country” – https://www.reportlinker.com/p05974408/?utm_source=GNW Miniaturization is a constant concern for several industries, as well as one of the key trends in the current market scenario.Everything from desktop to hand tools and factory equipment are getting smaller and more powerful motors are desired for motion and positioning systems.
With the equipment size getting exponentially smaller, the issues regarding designing devices to fit the equipment are increasing.The enhanced design, as well as the modernized manufacturing process of miniature stepper motors, has increased their adoption in numerous applications such as medical and laboratory equipment, pumps,
VALLETTA, Malta — Launch startup HyImpulse successfully tested its 16,800-pounds-force hybrid rocket motor this month at German space agency DLR’s Lampoldshausen facility.
Headquartered in Neuenstadt am Kocher, Germany, HyImpulse is developing its three-stage SL1 launch vehicle designed to carry payloads of up to 500 kilogram to Sun-synchronous orbit. The light-lift launch vehicle will be powered by twelve 16,800-pounds-force hybrid rocket motors — eight on its first stage, and four on its second stage — plus four smaller but otherwise identical engines powering its third stage.
The HyImpulse-developed hybrid rocket motor is powered by a paraffin-based fuel and liquid oxygen. The motor is designed to make use of simpler hardware than a liquid-fueled system while offering greater safety than strictly solid-fueled motors.
HyImpulse said that the Sept. 15 hot-fire test, its first, confirmed that the paraffin/LOX hybrid rocket engine performed on par with liquid hydrocarbon-based fuels. This performance was achieved utilizing
The motor racing telematics market is expected to grow by 20.92 thousand units during 2020-2024, expanding at a CAGR of almost 1%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200924005421/en/
Technavio has announced its latest market research report titled Global Motor Racing Telematics (MRT) Market 2020-2024 (Graphic: Business Wire)
For Right Perspective & Competitive Insights on the Racing Telematics Market – Request a Free Sample Report with COVID-19 Impact
Motor Racing Telematics Market: Automotive suppliers venturing into MRT market to drive growth
The growing popularity of telematics solutions is encouraging automotive suppliers to develop telematics solutions. Some automotive suppliers have already developed various advanced