Volkswagen Group

PTC Becomes Strategic Supplier to Volkswagen Group with Codebeamer ALM Solution

Retrieved on: 
Tuesday, October 31, 2023

Codebeamer to be adopted by Volkswagen Group teams for software requirements, test, and release management

Key Points: 
  • Codebeamer to be adopted by Volkswagen Group teams for software requirements, test, and release management
    BOSTON, Oct. 31, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has established a strategic supplier relationship with Volkswagen Group , focused on the adoption of PTC's Codebeamer ® application lifecycle management (ALM) solution to support the software development for the next generation of electric vehicles from the Volkswagen Group and its brands.
  • As the relationship progresses, PTC and Volkswagen Group expect to scale the use of Codebeamer across multiple Volkswagen Group engineering teams to support the software development process.
  • "Our close collaboration with Volkswagen Group will advance PTC's efforts to make Codebeamer the leading ALM solution for the automotive industry.
  • "Volkswagen Group views PTC as a strategic supplier for our Group-wide product development strategy, and we look forward to our work together to make Codebeamer a successful tool for our software development and vehicle engineering teams."

Porsche plans to use CO2-reduced steel from H2 Green Steel in sports cars from 2026

Retrieved on: 
Tuesday, October 31, 2023

STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.

Key Points: 
  • STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.
  • H2 Green Steel plans to produce steel using renewable electricity in Boden, Sweden, starting end of 2025.
  • From 2026, Porsche and various direct Porsche suppliers of production material are to be supplied with near zero-emission steel from the company.
  • According to H2 Green Steel, this results in up to 95 percent lower CO₂ emissions than conventional steel production with coking coal.

Porsche plans to use CO2-reduced steel from H2 Green Steel in sports cars from 2026

Retrieved on: 
Tuesday, October 31, 2023

STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.

Key Points: 
  • STOCKHOLM, Oct. 31, 2023 /PRNewswire/ -- Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel.
  • H2 Green Steel plans to produce steel using renewable electricity in Boden, Sweden, starting end of 2025.
  • From 2026, Porsche and various direct Porsche suppliers of production material are to be supplied with near zero-emission steel from the company.
  • According to H2 Green Steel, this results in up to 95 percent lower CO₂ emissions than conventional steel production with coking coal.

Automotive Battery Management System Market worth $11.7 billion in 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

In the distributed battery management system topology, each cell in the battery pack has a dedicated slave board that measures and controls an individual cell.

Key Points: 
  • In the distributed battery management system topology, each cell in the battery pack has a dedicated slave board that measures and controls an individual cell.
  • However, the cost of a distributed system can be much higher for battery packs with many cells than that of a centralized system.
  • The European automotive battery management system industry has been segmented into Germany, the UK, France, and the Rest of Europe.
  • These factors are driving the growth of the automotive battery management system market in this region.

Automotive Battery Management System Market worth $11.7 billion in 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

In the distributed battery management system topology, each cell in the battery pack has a dedicated slave board that measures and controls an individual cell.

Key Points: 
  • In the distributed battery management system topology, each cell in the battery pack has a dedicated slave board that measures and controls an individual cell.
  • However, the cost of a distributed system can be much higher for battery packs with many cells than that of a centralized system.
  • The European automotive battery management system industry has been segmented into Germany, the UK, France, and the Rest of Europe.
  • These factors are driving the growth of the automotive battery management system market in this region.

MASTERING THE NEW ECONOMY: WORLD LEADERS AND DECISION-MAKERS GATHER AT WORLD STRATEGIC FORUM IN MIAMI

Retrieved on: 
Monday, October 30, 2023

MIAMI, Oct. 30, 2023 /PRNewswire/ -- The World Strategic Forum (WSF) is set to convene more than 80 high-profile CEOs, former heads of state and industry experts on November 6th-7th at the Biltmore Hotel in Coral Gables, Miami. This year's edition is held under the theme of 'Mastering the New Economy', examining the strategies and solutions needed to thrive in an ever-evolving economic landscape, and is hosted by the International Economic Forum of the Americas (IEFA) and the Adam Smith Center for Economic Freedom at Florida International University (FIU).

Key Points: 
  • "We are honored to welcome such an esteemed group of leaders and decision makers at this year's World Strategic Forum," said Nicholas Rémillard, CEO of the IEFA.
  • This year's program will address various topics such as the most pressing economic challenges, sports and entertainment, alternative investments, sustainable development, technology, infrastructure, legacy planning and more.
  • Those attending in-person at the Biltmore Hotel will have opportunities to network with speakers, partners, and other attendees throughout the conference.
  • The IEFA Network App and event platform will provide virtual attendees the chance to watch live conversations, while offering opportunities to connect online with other participants.

Rising Environmental Awareness Sparks Exceptional 42.1% CAGR in Alternative Fuel and Hybrid Vehicle Market from 2023 to 2030

Retrieved on: 
Wednesday, October 25, 2023

DUBLIN, Oct. 25, 2023 /PRNewswire/ -- The "Alternative Fuel and Hybrid Vehicle Market - Global Alternative Fuel and Hybrid Vehicle Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 25, 2023 /PRNewswire/ -- The "Alternative Fuel and Hybrid Vehicle Market - Global Alternative Fuel and Hybrid Vehicle Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • Environmental Awareness Driving Market Growth: A pivotal trend propelling the alternative fuel and hybrid vehicle market is the increasing awareness of environmental issues, particularly climate change.
  • Asia Pacific Takes the Lead: The Asia Pacific region is expected to command the largest share of the global alternative fuel and hybrid vehicle market.
  • North America Experiences Strong Growth: North America anticipates robust growth in the alternative fuel and hybrid vehicle market.

Generative AI Will Open New Avenues for Enterprise Business Enablement, Creativity, Productivity, Says ISG

Retrieved on: 
Friday, October 20, 2023

Generative AI and other emerging technologies will be the focus of the ISG Digital Business Summit , October 25–26, at the Maritim ProArte Hotel Berlin.

Key Points: 
  • Generative AI and other emerging technologies will be the focus of the ISG Digital Business Summit , October 25–26, at the Maritim ProArte Hotel Berlin.
  • Among the ISG speakers will be the authors of the recent 2023 ISG State of the Generative AI Market report which showed 85 percent of companies surveyed believe investments in generative AI within the next 24 months are important or critical.
  • “Ensuring the enterprise framework is capable of supporting large-scale AI use is only one of the challenges of adopting GenAI.
  • The ISG State of the Generative AI Market report found the manufacturing sector accounted for 14 percent of generative AI use cases, with sourcing and supply chain management top concerns for most manufacturing-heavy organizations.

US Pickup Truck Market to grow by USD 51.05 billion from 2022 to 2027, The market is concentrated due to the presence of prominent companies like Ford Motor Co., General Electric Co. and Honda Motor Co. Ltd., and many more - Technavio

Retrieved on: 
Friday, October 13, 2023

The pickup truck market is concentrated owing to the presence of many global and regional companies.

Key Points: 
  • The pickup truck market is concentrated owing to the presence of many global and regional companies.
  • Ford Motor Co. - The company offers pickup trucks such as Ford F Series trucks and Ford Ranger.
  • General Electric Co. - The company offers pickup trucks such as GMC HUMMER and Sierra electric pickup trucks.
  • Honda Motor Co. Ltd. - The company offers pickup trucks such as the Honda T360, Honda Acty 4WD, Honda Civic, and Ridgeline.

Wireless Charging Market for Electric Vehicles worth $1279 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 4, 2023

All these parameters are expected to bolster the revenue growth of the BEV segment in the wireless charging market for electric vehicles.

Key Points: 
  • All these parameters are expected to bolster the revenue growth of the BEV segment in the wireless charging market for electric vehicles.
  • The passenger car segment is expected to have significant growth opportunities in the wireless charging industry for electric vehicles during the forecast period.
  • This is owing to the increasing efforts by automotive OEMs to incorporate wireless charging systems in their vehicles.
  • UK is expected to register the highest growth in the wireless charging market for electric vehicles in Europe during the forecast period.