Categories | Automotive and Transportation

Automotive and Transportation

The Automotive and Transportation segment comprises various sub-segments, such as next-generation manufacturing, distribution, design, engineering, and aftermarket. The sector has been experiencing a colossal shift with the strong support of technological advancement, technologies such as Collaborative Robots, Machine Vision, Artificial Intelligence for Driverless Cars, and Cognitive Computing in IoT Connected Cars are expected to create a lucrative shift for the whole sector. Our report primarily aims at providing purpose-led, transformative solutions to clients by using advanced analytical tools and innovative segmentation strategies. The U.S.-China trade war in 2018 has hampered the global automotive supply chain in terms of prices, economic output, sales, and employment. Multiple Chinese automotive part suppliers are feeling the pinch as they grapple with the 10% duty on exports to the United States imposed on Chinese goods by U.S. President Donald Trump as per Section 301 of the Trade Act. According to a study conducted by the Ministry of Commerce (China), the United States accounts for nearly 18–20 percent of China's total exports, with a 15–20 percent downfall since Q4 2018.

The reports in this category will provide you with a reflection of the current market scenario through a wide range of market data, information, and analysis. Our comprehensive market research solutions will provide you with a comprehensive view of product trends and analysis, as well as market conditions and forecasts.

Toyota assembled the Packaged Fuel Cell System Module in February this year, it integrates primary functions such as Fuel Cell Stacks into compact packaging, making it compatible with its upcoming Bus and Truck Projects.

In January 2021 Hyundai launched their HTWO, popular for its world-class hydrogen fuel cell systems. They started a factory unit in Guangzhou, China, equipped to produce 6,500 fuel cells per year. Hyundai will launch a new Tucson model in September 2020 with best-in-class features and class-leading capabilities. The Tucson model is in its fourth generation and is compatible with a variety of fuels. There is also a hybrid version available.

Toyota started selling its second-generation Mirai FCEV in the market in December 2020. It offers rear-wheel drive and is powered by a 1.2 kWh lithium-ion battery. It has the potential to travel over 600 kilometers on a single full tank of hydrogen. The T-Roc was introduced by Volkswagen in March 2020, an SUV powered by its TSI engine, 1.5L EVO (Dual Fuel Engines). It is certified 5 Star in terms of safety and is equipped with six airbags, tyre pressure monitoring system, ABS, ESC, and reverse camera.

Altran oversaw the development process from both a technical (testing, research, approval, supplier management, simulation) and an industrial (production facilities, architecture, which also included integrator management) standpoint; from design to purchasing, as well as vehicle and process engineering and production line creation, in accordance with PSA requirements. Schaeffler Group announced in February 2021 that it will design and manufacture a hybrid EV drive unit with two electric motors and transmission with integrated power electronics beginning in 2024. A system power rating of 120 kW provides high performance while using little fuel.

In February 2021 Schaeffler Group announced that beginning in 2024, it will design and manufacture a hybrid EV drive unit equipped with two electric motors and transmission with integrated power electronics. A system power rating of 120 kW will give a high performance while consuming little fuel. This is consistent with the recently placed order for dedicated hybrid drives.

In November 2020, Louisenthal, in collaboration with IAV Automotive Engineering, developed an energy-efficient heating concept. It uses very little energy and improves driver and passenger comfort. It increases the cruising range by up to 6%. A mesh of conductive tracks covers the surface of SmartMesh foil. The foil is simple to integrate into the doors, centre console, and roof lining. It warms up and emits heat into the passenger compartment, allowing the occupants of the vehicle to apply the operating voltage.

During the COVID era, the automotive sector has suffered significant losses, beginning with the closure of various companies due to lower demand, resulting in severe economic and job losses. Auto dealers have been unable to deliver vehicles during the lockdown period, and have reported 30-45 days of finished goods inventory, which will most likely be heavily discounted after the lockdown. When COVID hit, robo-taxis and ridesharing technologies suffered as well. Prior to the pandemic, many companies were investing in ridesharing and robo-taxi capabilities, with the shared economy seen as the future. Increased investment in electrification was one of COVID's most notable outcomes. Ford has promised a full battery-electric vehicle (BEV) line-up in Europe by 2030; GM has committed to discontinuing production of the traditional internal combustion engine (ICE) by 2035; and Jaguar and Volvo have stated that all of their vehicles will be electric-powered by 2030. Nationwide lockdowns have had a significant impact on the automotive industry, particularly in Western economies, particularly in Europe, which are critical automotive manufacturing hubs. These lockdowns have resulted in the temporary closure of facilities, and low sales figures have forced companies to lay off employees.

According to the European Automobile Manufacturers Association (ACEA), the temporary lockdown affects more than 1.1 million (1,138,536) of the 2.6 million European employees working in automotive manufacturing. Furthermore, the lockdown has effectively halted the production of 2.06 million units in such a short period.