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Green energy is in its heyday.
Renewable energy sources now account for 22% of the nation’s electricity, and solar has skyrocketed eight times over in the last decade. This spring in California, wind, water, and solar power energy sources exceeded expectations, accounting for an average of 61.5 percent of the state's electricity demand across 52 days.
But green energy has a lithium problem. Lithium batteries control more than 90% of the global grid battery storage market.
That’s not just cell phones, laptops, electric toothbrushes, and tools. Scooters, e-bikes, hybrids, and electric vehicles all rely on rechargeable lithium batteries to get going.
Fortunately, this past week, Natron Energy launched its first-ever commercial-scale production of sodium-ion batteries in the U.S.
“Sodium-ion batteries offer a unique alternative to lithium-ion, with higher power, faster recharge, longer lifecycle and a completely safe and stable chemistry,” said Colin Wessells — Natron Founder and Co-CEO — at the kick-off event in Michigan.
The new sodium-ion batteries charge and discharge at rates 10 times faster than lithium-ion, with an estimated lifespan of 50,000 cycles.
Wessells said that using sodium as a primary mineral alternative eliminates industry-wide issues of worker negligence, geopolitical disruption, and the “questionable environmental impacts” inextricably linked to lithium mining.
“The electrification of our economy is dependent on the development and production of new, innovative energy storage solutions,” Wessells said.
Why are sodium batteries a better alternative to lithium?
The birth and death cycle of lithium is shadowed in environmental destruction. The process of extracting lithium pollutes the water, air, and soil, and when it’s eventually discarded, the flammable batteries are prone to bursting into flames and burning out in landfills.
There’s also a human cost. Lithium-ion materials like cobalt and nickel are not only harder to source and procure, but their supply chains are also overwhelmingly attributed to hazardous working conditions and child labor law violations.
Sodium, on the other hand, is estimated to be 1,000 times more abundant in the earth’s crust than lithium.
“Unlike lithium, sodium can be produced from an abundant material: salt,” engineer Casey Crownhart wrote in the MIT Technology Review. “Because the raw ingredients are cheap and widely available, there’s potential for sodium-ion batteries to be significantly less expensive than their lithium-ion counterparts if more companies start making more of them.”
What will these batteries be used for?
Right now, Natron has its focus set on AI models and data storage centers, which consume hefty amounts of energy. In 2023, the MIT Technology Review reported that one AI model can emit more than 626,00 pounds of carbon dioxide equivalent.
“We expect our battery solutions will be used to power the explosive growth in data centers used for Artificial Intelligence,” said Wendell Brooks, co-CEO of Natron.
“With the start of commercial-scale production here in Michigan, we are well-positioned to capitalize on the growing demand for efficient, safe, and reliable battery energy storage.”
The fast-charging energy alternative also has limitless potential on a consumer level, and Natron is eying telecommunications and EV fast-charging once it begins servicing AI data storage centers in June.
On a larger scale, sodium-ion batteries could radically change the manufacturing and production sectors — from housing energy to lower electricity costs in warehouses, to charging backup stations and powering electric vehicles, trucks, forklifts, and so on.
“I founded Natron because we saw climate change as the defining problem of our time,” Wessells said. “We believe batteries have a role to play.”
-via GoodGoodGood, May 3, 2024
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Note: I wanted to make sure this was legit (scientifically and in general), and I'm happy to report that it really is! x, x, x, x
#batteries#lithium#lithium ion batteries#lithium battery#sodium#clean energy#energy storage#electrochemistry#lithium mining#pollution#human rights#displacement#forced labor#child labor#mining#good news#hope
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There’s little doubt that the American government has decided to slow China’s economic rise, most notably in the fields of technological development. To be sure, the Biden administration denies that these are its goals. Janet Yellen said on April 20, “China’s economic growth need not be incompatible with U.S. economic leadership. The United States remains the most dynamic and prosperous economy in the world. We have no reason to fear healthy economic competition with any country.” And Jake Sullivan said on April 27, “Our export controls will remain narrowly focused on technology that could tilt the military balance. We are simply ensuring that U.S. and allied technology is not used against us.”
Yet, in its deeds, the Biden administration has shown that its vision extends beyond those modest goals. It has not reversed the trade tariffs Donald Trump imposed in 2018 on China, even though presidential candidate Joe Biden criticized them in July 2019, saying: “President Trump may think he’s being tough on China. All that he’s delivered as a consequence of that is American farmers, manufacturers and consumers losing and paying more.” Instead, the Biden administration has tried to increase the pressure on China by banning the export of chips, semiconductor equipment, and selected software.
It has also persuaded its allies, like the Netherlands and Japan, to follow suit. More recently, on Aug. 9, the Biden administration issued an executive order prohibiting American investments in China involving “sensitive technologies and products in the semiconductors and microelectronics, quantum information technologies, and artificial intelligence sectors” which “pose a particularly acute national security threat because of their potential to significantly advance the military, intelligence, surveillance, or cyber-enabled capabilities” of China.
All these actions confirm that the American government is trying to stop China’s growth. Yet, the big question is whether America can succeed in this campaign—and the answer is probably not. Fortunately, it is not too late for the United States to reorient its China policy toward an approach that would better serve Americans—and the rest of the world.[...]
Since the creation of the People’s Republic of China in 1949, several efforts have been made to limit China’s access to or stop its development in various critical technologies, including nuclear weapons, space, satellite communication, GPS, semiconductors, supercomputers, and artificial intelligence. The United States has also tried to curb China’s market dominance in 5G, commercial drones, and electric vehicles (EVs). Throughout history, unilateral or extraterritorial enforcement efforts to curtail China’s technological rise have failed and, in the current context, are creating irreparable damage to long-standing U.S. geopolitical partnerships. In 1993 the Clinton administration tried to restrict China’s access to satellite technology. Today, China has some 540 satellites in space and is launching a competitor to Starlink.
When America restricted China’s access to its geospatial data system in 1999, China simply built its own parallel BeiDou Global Navigation Satellite System (GNSS) system in one of the first waves of major technological decoupling. In some measures, BeiDou is today better than GPS. It is the largest GNSS in the world, with 45 satellites to GPS’s 31, and is thus able to provide more signals in most global capitals. It is supported by 120 ground stations, resulting in greater accuracy, and has more advanced signal features, such as two-way messaging[...]
American measures to deprive China access to the most advanced chips could even damage America’s large chip-making companies more than it hurts China. China is the largest consumer of semiconductors in the world. Over the past ten years, China has been importing massive amounts of chips from American companies. According to the US Chamber of Commerce, China-based firms imported $70.5 billion worth of semiconductors from American firms in 2019, representing approximately 37 percent of these companies’ global sales. Some American companies, like Qorvo, Texas Instruments, and Broadcom, derive about half of their revenues from China. 60 percent of Qualcomm’s revenues, a quarter of Intel’s revenues, and a fifth of Nvidia’s sales are from the Chinese market. It’s no wonder that the CEOs of these three companies recently went to Washington to warn that U.S. industry leadership could be harmed by the export controls. American firms will also be hurt by retaliatory actions from China, such as China’s May ban on chips from US-based Micron Technology. China accounts for over 25 percent of Micron’s sales.[...]
The U.S. Semiconductor Industry Association released a statement on July 17, saying that Washington’s repeated steps “to impose overly broad, ambiguous, and at times unilateral restrictions risk diminishing the U.S. semiconductor industry’s competitiveness, disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China,” and called on the Biden administration not to implement further restrictions without more extensive engagement with semiconductor industry representatives and experts.
The Chips Act cannot subsidize the American semiconductor industry indefinitely, and there is no other global demand base to replace China. Other chip producing nations will inevitably break ranks and sell to China (as they have historically) and the American actions will be for naught. And, in banning the export of chips and other core inputs to China, America handed China its war plan years ahead of the battle. China is being goaded into building self-sufficiency far earlier than they would have otherwise. Prior to the ZTE and Huawei components bans, China was content to continue purchasing American chips and focusing on the front-end hardware. Peter Wennink, the CEO of ASML, stated that China is already leading in key applications and demand for semiconductors. Wennink wrote, “The roll-out of the telecommunication infrastructure, battery technology, that’s the sweet spot of mid-critical and mature semiconductors, and that’s where China without any exception is leading.”[...]
Former State Department official Susan Thornton, who oversaw the study as director of the Forum on Asia-Pacific Security at NCAFP, said: “This audit of U.S.-China diplomacy shows that we can make progress through negotiations and that China follows through on its commitments. The notion that engagement with China did not benefit the U.S. is just not accurate.”[...]
One fundamental problem is that domestic politics in America are forcing American policymakers to take strident stands against China instead of pragmatic positions. For instance, sanctions preventing the Chinese Defense Minister, Li Shangfu, from traveling to the United States are standing in the way of U.S.-China defense dialogues to prevent military accidents.
19 Sep 23
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Researchers crack a key problem with sodium-ion batteries for electric vehicles and grid energy storage
Lithium-ion batteries have long dominated the market as the go-to power source for electric vehicles. They are also increasingly being considered for storage of renewable energy to be used on the electric grid. However, with the rapid expansion of this market, supply shortages of lithium are projected within the next five to 10 years. "Sodium-ion batteries are emerging as a compelling alternative to lithium-ion batteries due to the greater abundance and lower cost of sodium," said Gui-Liang Xu, a chemist at the U.S. Department of Energy's (DOE) Argonne National Laboratory. To date, there has been a serious roadblock to the commercialization of such batteries. In particular, the performance of the sodium-containing cathode rapidly declines with repeated discharge and charge.
Read more.
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https://www.reuters.com/business/autos-transportation/tesla-lay-off-more-than-10-its-staff-electrek-reports-2024-04-15/
BERLIN, April 15 (Reuters) - Tesla (TSLA.O), opens new tab is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk commented in a post on X. Two senior leaders, battery development chief Drew Baglino and vice president for public policy Rohan Patel, also announced their departures, drawing posts of thanks from Musk although some investors were concerned.
Musk last announced a round of job cuts in 2022, after telling executives he had a "super bad feeling" about the economy. Still, Tesla headcount has risen from around 100,000 in late 2021 to over 140,000 in late 2023, according to filings with U.S. regulators.
Baglino was a Tesla veteran and one of four members, along with Musk, of the leadership team listed on the company's investor relations website.
Scott Acheychek, CEO of Rex Shares - which manages ETFs with high exposure to Tesla stock - described the headcount reductions as strategic, but Michael Ashley Schulman, chief investment officer at Running Point Capital Advisors, deemed the departures of the senior executives as "the larger negative signal today" that Tesla's growth was in trouble.
Less than a year ago, Tesla's chief financial officer, Zach Kirkhorn, left the company, fueling concerns about succession planning.
Tesla shares closed 5.6% lower at $161.48 on Monday. Shares of EV makers Rivian Automotive (RIVN.O), opens new tab, Lucid Group (LCID.O), opens new tab and VinFast Auto also dropped between 2.4% and 9.4%.
"As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," Musk said in the memo sent to all staff.
"As part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally," it said.
Reuters saw an email sent to at least three U.S. employees notifying them their dismissal was effective immediately.
Tesla did not immediately respond to a request for comment.
MASS MARKET
The layoffs follow an exclusive Reuters report on April 5 that Tesla had cancelled a long-promised inexpensive car, expected to cost $25,000, that investors have been counting on to drive mass-market growth. Musk had said the car, known as the Model 2, would start production in late 2025.
Shortly after the story published, Musk posted "Reuters is lying" on his social media site X, without detailing any inaccuracies. He has not commented on the car since, leaving investors and analysts to speculate on its future.
Tech publication Electrek, which first reported, opens new tab the latest job cuts, said on Monday that the inexpensive car project had been defunded and that many people working on it had been laid off.
Reuters also reported on April 5 that Tesla would shift its focus to self-driving robotaxis built on the same small-car platform. Musk posted on X that evening: "Tesla Robotaxi unveil on 8/8," with no further details.
Tesla could be years away from releasing a fully autonomous vehicle with regulatory approval, according to experts in self-driving cars and regulation.
Tesla shares have fallen about 33% so far this year, underperforming legacy automakers such as Toyota Motor (7203.T), opens new tab and General Motors (GM.N), opens new tab, whose shares have rallied 45% and about 20% respectively.
Energy major BP (BP.L), opens new tab has also cut more than a tenth of the workforce in its EV charging business after a bet on rapid growth in commercial EV fleets did not pay off, Reuters reported on Monday, underscoring the broader impact of slowing EV demand.
WORKS COUNCIL
A newly elected works council of labour representatives at Tesla's German plant was not informed or consulted ahead of the announcement to staff, said Dirk Schulze, head of the IG Metall union in the region.
"It is the legal obligation of management not only to inform the works council but to consult with it on how jobs can be secured," Schulze said.
Analysts from Gartner and Hargreaves Lansdown said the cuts were a sign of cost pressures as the carmaker invests in new models and artificial intelligence.
Tesla reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years, as price cuts failed to stir demand.
The EV maker has been slow to refresh its aging models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models.
China's BYD (002594.SZ), opens new tab briefly overtook the U.S. company as the world's largest EV maker in the fourth quarter, and new entrant Xiaomi (1810.HK), opens new tab has garnered substantial positive press.
Tesla is gearing up to start sales in India, the world's third-largest auto market, this year, producing cars in Germany for export to India and scouting locations for showrooms and service hubs in major cities.
Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in more than four years.
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Editor's Note: This piece was originally published by The American Prospect.
Thanks to the clean energy revolution, batteries are no longer in the public eye just in the form of that unstoppable bunny in TV ads. Batteries—like computer chips, electric vehicles, solar panels, and other hardware—are having a moment.
Last fall, with funding from 2021’s mammoth bipartisan infrastructure law, the U.S. Department of Energy (DOE) awarded nearly $3 billion in grants to 20 manufacturers of electric vehicle (EV) battery components in 20 states. That’s just a portion of the taxpayer money appropriated to dramatically expand battery production and enlarge the EV supply chain in the U.S., which is, in turn, a small part of the trillion-dollar surge in federal investment.
In February, the Commerce Department announced the terms of competition for $39 billion in federal subsidies for manufacturers to expand domestic production of semiconductors. Among other conditions, the CHIPS Incentives Program limits stock buybacks and requires applicants to provide the child care that’s so crucial to enabling more women to work in manufacturing.
The question now is how these big bets to expand advanced manufacturing and boost research and development in America—taken together, what the Biden administration calls our country’s “new industrial strategy”—will create broadly shared economic gains, including good jobs, for workers and communities across the country.
This “how” is not without controversy, to put it mildly. Beyond the conservative critics who have lambasted the child care requirement and other conditions, influential liberal voices have aired serious skepticism as well. In a recent column (and clever pop culture mash-up), Ezra Klein of The New York Times decried “everything-bagel liberalism” that pursues “everything everywhere all at once.” But he, too, lumps everything together—from permitting requirements confronting nonprofit housing developers to these new, conditional industrial-policy incentives meant to embed meaningful economic opportunity for workers and communities into the DNA of some of the world’s most important and massively subsidized growth industries. Klein—whom we agree with on many things—gets it wrong when it comes to CHIPS and other promising government efforts to chart a new course.
Advocates have worked for decades in many parts of the country on how to make the economy work for all, on a foundation of good jobs and racial and gender equity. From that work, one essential lesson emerges: Attaching clear, consistently enforced expectations to public investment is indispensable. And with the enactment of last year’s landmark legislation, public officials now have a once-in-a-generation set of tools and resources to do this. The “how,” however, remains an open question, especially for jobs outside of construction.
For much of the past half-century, America’s dominant economic paradigm held that free markets and freewheeling capital alone have created the nation’s critical industries and enabled them to flourish. That paradigm denied the important role that government plays in shaping the nation’s economy. Indeed, innovation has long required and received government-backed R&D, contracts, and other investments in discovery and commercialization. Today, that investment is also focused on the making of a lot of stuff: batteries, electric vehicles, charging stations, computer chips that put the brains in all that hardware, and more. So how did we approach that challenge for the past few decades, given that influential economists and political leaders across the political spectrum often questioned whether America needed manufacturing at all?
Consider the evolution of the DOE and how it impacts our economy and communities. Created with a wartime sense of urgency—to address the energy crisis of the 1970s—the DOE quickly found itself in the crosshairs of American politics, especially as high gas prices receded and renewable energy seemed a pipe dream. For years, the DOE was a favorite target for those keen to attack public investment and many of the other tools of entrepreneurial government. By that we mean, as economist Mariana Mazzucato argues in her book “Mission Economy: A Moonshot Guide to Changing Capitalism,” a government that is both equipped and directed to help solve national challenges—not just address market failures and economic calamities.
Despite the lack of broader political support, the DOE quietly became a vital source of the R&D dollars that helped develop new technologies. Thanks to the Advanced Technology Vehicles Manufacturing Loan Program, signed into law by President George W. Bush in 2008, the agency also became an important supplier of the financing that, in principle, could have helped turn great ideas into great companies that committed to good jobs in addition to great products.
Famously, the DOE bet $465 million in taxpayer dollars, in the form of a direct loan, on the ambitious domestic production plans of Tesla, now the world’s most valuable car company. That was well before the private capital markets were ready to make that bet on a largely unproven company and its first major factory in Fremont, Calif.
The DOE’s investment in Tesla paid off in terms of demonstrating the viability of mass-produced electric vehicles. But in terms of generating good jobs and racial and gender equity in this critically important new industry, the investment proved to be a bust. The company leads all carmakers in the U.S. in workplace safety violations—as Forbes put it, “racking up more infractions and fines in the last three years than all other automakers in the U.S. combined.” CEO Elon Musk has fought workers’ attempts to unionize by spying on them, firing organizers, and refusing to stop anti-union social media attacks. The company is also being sued by the state of California for alleged widespread anti-Black racism, and by several women for alleged sexual harassment.
There’s a moral to this story: Tesla may be the world’s biggest example of how much harder it is for government to push for high-road labor standards after a company has grown with the help of taxpayer financing. If something important is not part of the deal up front, it tends not to happen.
Tesla is not alone. Particularly in the South and many rural areas around the country, even in ostensibly pro-labor states such as California, innovative manufacturers are mass-producing low-quality jobs. The good manufacturing job is mostly gone, outside of the less than 10% that are unionized. There is, therefore, no guarantee that a significant chunk of the publicly supported clean and high-tech production jobs will pay much more than minimum wage or that they will provide opportunity for training and advancement.
That is, unless certain choices are made to incentivize and embed good jobs and equity into the deals.
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Energy Portfolio Management Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022 - 2032
In 2022, it is anticipated that the global market for energy portfolio management will be worth US$ 3,579 Million. The increased use of smart grid technology and smart metres is essential for raising market value. The entire demand for energy portfolio management is anticipated to reach around 11,569 Million by 2032, growing at a CAGR of 12.4% between 2022 and 2032.
The worldwide energy portfolio the board market is supposed to be esteemed at US$ 3,579 Million out of 2022. The developing reception of savvy meters and shrewd framework assume an essential part in upgrading the market esteem. The general interest for energy portfolio the board is projected to develop at a CAGR of 12.4% somewhere in the range of 2022 and 2032, adding up to around 11,569 Million by 2032
Download Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5537
Energy Portfolio Management Market: Drivers and Restraints Owing to increasing awareness about energy management, coupled with the company are focussing on gaining carbon credits, which is together anticipated to drive the demand for Energy Portfolio Management solution. Further owing to strict government regulation on limiting the wastage of energy and to promote efficient energy management is the drivers piloting the growth of the market, during the forecast period.
The need for reduce the excessive consumption of energy, energy management and monitoring are the two major factor, which are into consideration by government, with increasing demand for energy monitoring system at industrial and residential sector are crucial factors driving the growth of noise monitoring device market. However, the lack enforcement of proper law implementation in emerging economies are the major factor restraining the growth of the energy portfolio management market.
Competitive Landscape
What are the Leading Players in the Energy Portfolio Management Market Up to?
In January 2022, Power management company Eaton Corporation PLC announced it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in an electric vehicle, energy management, industrial, and mobility markets. Under the terms of the agreement, Eaton paid $600 million for Royal Power Solutions, which represents approximately 13.6 times the company’s estimated 2022 EBITDA.
In November 2021, ABB Power Products & Systems India announced its rebranding as Hitachi Energy India Ltd. to accelerate the clean energy transition in India. Hitachi Energy, which has focused its purpose on ‘advancing a sustainable energy future for all, views India among its top five markets for expansion.
In June 2022, Siemens further expanded its portfolio in the field of innovative predictive maintenance and asset intelligence with the acquisition of Senseye. The global industrial analytics software company is headquartered in Southampton, UK.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-5537
Key Companies Profiled
Eaton Corporation PLC
ABB Ltd.
Siemens AG
Schneider Electric
International Business Machines Corporation
C.A Technologies
SAP SE
Emerson Electric Co.
Honeywell International Inc.
Watchwire
Key Segments Covered In The Energy Portfolio Management Industry Analysis
Energy Portfolio Management Market by End User:
Residential
Industrial
Commercial
Energy Portfolio Management Market by Deployment:
Cloud
On-premises
Energy Portfolio Management Market by Region:
North America Energy Portfolio Management Market
Latin America Energy Portfolio Management Market
Europe Energy Portfolio Management Market
Asia Pacific Energy Portfolio Management Market
The Middle East & Africa Energy Portfolio Management Market
Request Methodology @ https://www.futuremarketinsights.com/request-report-methodology/rep-gb-5537
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The Pentagon, in a technological war with China, is moving to launch its first electric aircraft
Fernando Valduga By Fernando Valduga 12/29/2022 - 22:08em eVTOL, Military
U.S. Air Force Major Jonathan Appleby (left) and Beta Technologies test pilot Camron Guthrie sit in the cockpit of Beta's Alia electric aircraft during a flight test on March 14 over Plattsburgh, N.Y. (Photo: Beta Technologies)
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The U.S. government has taken a direct approach when it came to the development of consumer drones. Now, a single Chinese company, DJI, has conquered more than three quarters of the world market, and Washington fears that its drones may be a tool for Chinese espionage in the U.S. heavens.
To avoid a similar error and the alarming national security implications, the U.S. Air Force's Agility Prime program has channeled more than $100 million since 2020 into another promising but unproven innovation: battery-powered aircraft known as eVTOLs for "electric vertical takeoff and landing", which many companies are developing for civilian use as air taxis and cargo transportation.
The military's commitment helped U.S. eVTOL developers raise billions of dollars and made them more likely to survive to fight for an eventual civilian market.
“The involvement of the U.S. Air Force attests that these are real planes – not toys, not flying cars,” said Will Roper, who launched Agility Prime when he served as head of purchasing for the USAF during the Trump administration.
After decades of high development costs for military aircraft, Agility Prime is an experiment to see if the Pentagon can take advantage of advanced, cheaper and ready-to-use commercial technology. The military foresees the use of eVTOLs in utility functions to transport people and cargo away from the airstrips at a lower cost than conventional helicopters. Because they are silent, they can also be useful for placing troops behind enemy lines and conducting rescue operations.
The 15 companies participating in Agility Prime include creators of piloted eVTOLs, such as Joby Aviation and Beta Technologies, and startups that develop cargo drones such as Elroy Air and Talyn. The program provided not only funding, but government testing resources and the potential to earn revenue from military sales before the Federal Aviation Administration (FAA) gave the green light to start civil service.
The HEXA being prepared for loading on a C-130.
Lawmakers seem to like the program: in the defense appropriations bill passed by Congress on Friday, they gave Agility Prime $50 million more in funding for fiscal 2023 than the $73.9 million the Biden government had requested. However, they denied an order for $3.6 million to rent a handful of eVTOLs during the year for exploratory use, citing a “lack of clear acquisition or field strategy”.
Several companies participating in the program believe that the military will start acquiring their aircraft in 2024. The move to the acquisition would be a major milestone in the Department of Defense, according to Roper, who is currently a board member of Beta Technologies. "It's a different color of money," he said. Before the completion of the allocation bill, AFWERX, the U.S. Air Force technology accelerator that manages Agility Prime, said in a statement that the program “continues to evaluate the acquisition of eVTOL aircraft in Fiscal Year 2023”.
Among the first aircraft acquired is a small Lift Aircraft multicopter called HEXA - single-s seat partially closed on top by a circular structure with 18 rotors. The Lift says that the ship can fly up to 15 miles and carry a maximum of 300 pounds. The military is considering using the HEXA for search and rescue, transporting small loads around bases and emergency response. The company expected some form of acquisition of the U.S. Air Force in 2023, said founder and CEO Matt Chasen.
The HEXA weighs only 430 pounds and its small size means it is relatively affordable. Lift, based in Austin, Texas, offered the first models as recreational vehicles for $500,000. In comparison, Beta Technologies expects its electric aircraft, Alia, which can carry up to 1,250 pounds of cargo or four passengers in a maximum of 200 miles, will cost from $4 million to $5 million.
The HEXA from Lyft Technologies.
Other Agility Prime participants say they are progressing to put the aircraft into military service.
Joby, based in Northern California, which received contracts through Agility Prime worth up to $75 million to support R&D and unmanned flight testing, told investors last month that it is in negotiations to deliver aircraft to the military in 2024 - by disclosing that it postponed its target date to launch urban air taxi services by one year by 2025, blaming the pace of drafting federal Its electric tiltrotor for four passengers is designed to take off and land like a helicopter and spin its wings like an airplane for up to 150 miles.
President Paul Sciarra said that it is possible for the military to start receiving aircraft as early as next year, giving the company, which is starting to manufacture the titrotor in reduced numbers, "a really important exhaust valve to ensure that we have a productive and local revenue-generating environment for aircraft to go."
Major Victoria Snow of the 413st Flight Test Squadron remotely controls an HEXA elevator while Sergeant Master Tim Nissen monitors the aircraft's telemetry on November 16 at Eglin Air Base, Florida. It was the first flight of the HEXA controlled by the military. (Photo: U.S. Air Force)
Beta, based in Vermont, which aims to market Alia first as a cargo carrier, expects the Air Force to buy the aircraft in 2024, after test operations at the base in 2023. In March, Alia became the first electric aircraft controlled by U.S. Air Force pilots, with manned flight, but with landing and takeoff on a conventional runway. Beta received contracts worth up to US$ 44 million through Agility Prime.
An initial test mission that the U.S. Air Force is considering for electric aircraft is to move equipment and personnel around its test and training areas in the U.S., many of which are in remote areas with uneven roads. If eVTOLs perform well in this task, they will be tested to transport "illustrious visitors" on trips ranging from 30 to 90 one-way
Colonel Nathan Diller, who left the position of head of AFWERX earlier this month, said last year that the test and training areas are a perfect "low-risk" initial environment, with eVTOL aircraft expected to allow faster configuration and removal of communications and test equipment by fewer service members, which is usually done now with ground vehicles.
Another basic use: transporting small parts for repairs that would be a waste to carry in helicopters such as the Black Hawk or the V-22 Osprey, which cost thousands of dollars an hour to fly.
Heaviside's Kitty Hawk.
Another first-generation mission that Roper says is "acephalo" is to use eVTOLs for security in military bases, which can extend for hundreds of kilometers and are still patrolled from the World War II era by troops in land vehicles.
In the future, the U.S. Air Force is interested in using autonomous or remotely piloted eVTOLs for the risky mission of rescuing pilots killed behind enemy lines. The quieter electric propulsion and the smaller size of some of the aircraft compared to rescue helicopters can give them a better chance to get in and out without being seen. “You can send them to areas of higher risk without putting life or limbs at risk,” Diller said.
Agility Prime boasts of having helped the companies in the program raise $7.5 billion in funding, but as developers move from the prototype phase to the most expensive stage of civil security certification testing and expansion for manufacturing, not everyone will be able to find the money to continue. The pioneering eVTOL developer, Kitty Hawk, was the first company to conduct an operating year through Agility Prime in 2021. Billionaire investor Larry Page abruptly closed the company in October amid doubts about whether he would be able to bring his autonomous aircraft to market soon.
Roper believes that there will be a healthy civil market for the winners. With Air Force Secretary Frank Kendall supposedly skeptical of eVTOLs, Roper argues that the military needs to recognize that U.S. competition for primacy with China is taking place mainly in commercial technology, so focusing on how much the Pentagon benefits directly from electric aircraft is not the only decisive factor.
“The biggest impact of Agility Prime is that this is an emerging market that will probably be worth a lot in terms of value, in terms of jobs created, in terms of global impact,” Roper said. "It will be a market with a US zip code."
Source: Forbes
Tags: AFWERXAgility PrimeMilitary AviationeVTOLUSAF - United States Air Force / US Air Force
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Fernando Valduga
Fernando Valduga
Aviation photographer and pilot since 1992, he has participated in several events and air operations, such as Cruzex, AirVenture, Dayton Airshow and FIDAE. He has works published in specialized aviation magazines in Brazil and abroad. Uses Canon equipment during his photographic work in the world of aviation.
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Global Expansion of Carbon Fiber Market: Analysis and Insights
The global carbon fiber market size is estimated to reach USD 10.68 billion by 2030, registering a CAGR of 10.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the increasing adoption of carbon fiber in the automotive and aerospace industry.
The increasing demand for commercial aviation due to rising disposable income and globalization has catered to the growth of the aerospace industry over the last few years. This trend is likely to continue over the coming years as well. Moreover, the rise in demand for sports and leisure applications due to the increasing population, particularly in the Asia Pacific region, is also likely to propel the demand for carbon fiber in the market.
The carbon fiber market has witnessed forward integration by various raw material manufacturers. In-house production and utilization of carbon fiber help manufacturers cut down on logistics costs and directly cater to end-use product manufacturers, thereby increasing profitability. Carbon fiber applications depend on the grade used and, ultimately, on the quality of the precursor.
Gather more insights about the market drivers, restrains and growth of the Carbon Fiber Market
Carbon Fiber Market Report Highlights
• On the basis of raw materials, the polyacrylonitrile (PAN) segment led the market with a revenue share of 96.4% in 2024. The automotive industry’s increasing shift toward electric vehicles (EVs) is driving the demand for PAN-based Carbon Fiber.
• The large tow segment is forecasted to grow at a rate of 10.3% from 2025 to 2030. This growth is due to the growing adaption of carbon fiber across several application industries due to its higher strength-to-weight ratio and its advantages over conventional materials, including metals and alloys.
• The aerospace & defense segment accounted for the largest revenue share of 32.2% in 2024. The Aerospace & defense sector requires lightweight and robust materials for usage in aircraft, rockets, satellites, and missiles as it assists in improving the performance by reducing the weight of the overall structure.
• The Europe region dominated the global market with a share of 31.9% in 2024. The presence of aerospace giants such as Airbus and Boeing in Europe and North America has propelled the regional demand for carbon fiber.
• The growing concerns regarding the consumption rates of non-renewable energy sources have driven the demand for fuel-efficient vehicles. This is forecasted to propel the demand for carbon fiber in the automotive application segment over the coming years.
Browse through Grand View Research's Specialty Glass, Ceramic & Fiber Industry Research Reports.
• The global fiberglass market size was valued at USD 12.34 billion in 2024 and is projected to grow at a CAGR of 6.7% from 2025 to 2030.
• The global geosynthetic clay liner market size was valued at USD 468.1 million in 2023 and is projected to grow at a CAGR of 4.0% from 2024 to 2030.
Carbon Fiber Market Segmentation
Grand View Research has segmented the global carbon fiber market based on raw material, tow size, application, and region:
Carbon Fiber Raw Material Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• PAN Based
• Pitch Based
Carbon Fiber Tow Size Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• Small Tow
• Large Tow
Carbon Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• Automotive
• Aerospace & Defense
• Wind Turbines
• Sports/Leisure
• Molding & Compound
• Construction
• Pressure Vessel
• Others
Carbon Fiber Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
• Asia Pacific
o China
o Japan
o Taiwan
• Central & South America
o Brazil
• MEA
Order a free sample PDF of the Carbon Fiber Market Intelligence Study, published by Grand View Research.
#Carbon Fiber Market#Carbon Fiber Market Analysis#Carbon Fiber Market Report#Carbon Fiber Market Size#Carbon Fiber Market Share
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Driving Safety Forward: Exploring the Evolving Landscape of the Airbag Systems Market
The Airbag Systems Market has become an integral part of the global automotive safety landscape. Airbags, designed to cushion and protect occupants during collisions, have evolved significantly since their inception. With advancements in technology, increasing road safety awareness, and stringent regulations, the market for airbag systems is experiencing notable growth and innovation. This blog delves into the dynamics of the airbag systems market, exploring its key drivers, trends, challenges, and future opportunities.
Market Overview
The global airbag systems market, valued at $XX billion in 2023, is projected to grow to $XX billion by 2030, at a compound annual growth rate (CAGR) of X.XX%. The market encompasses a range of airbags, including front, side, curtain, knee, and rear airbags, which are deployed in vehicles for enhanced safety.
Airbag systems are not only mandated in many countries but are also increasingly in demand due to heightened consumer awareness about vehicular safety. Governments worldwide have implemented stringent safety standards, making airbags a non-negotiable feature in modern automobiles.
Key Market Drivers
1. Stringent Safety Regulations
Governments and regulatory bodies globally are enforcing strict safety standards for vehicles. For instance, the European New Car Assessment Program (Euro NCAP) and the National Highway Traffic Safety Administration (NHTSA) in the U.S. require the inclusion of airbags in vehicles to achieve safety ratings. These regulations are compelling automakers to incorporate advanced airbag systems.
2. Rising Road Accidents
According to the World Health Organization (WHO), road traffic accidents result in approximately 1.3 million fatalities annually. This alarming statistic has prompted the automotive industry to prioritize safety features such as airbags, creating a robust demand in both developed and developing markets.
3. Consumer Awareness
As consumers become more safety-conscious, airbags have transitioned from being a premium feature to a standard offering in many vehicles. Increasing disposable income and rising middle-class populations in emerging economies further drive demand for vehicles equipped with airbags.
4. Expansion of Electric Vehicles (EVs)
The rapid adoption of EVs is reshaping the airbag systems market. Electric vehicles often feature cutting-edge designs, necessitating customized airbag solutions. Additionally, lightweight and energy-efficient airbag systems are being developed to align with EV manufacturers' objectives.
Market Segmentation
By Airbag Type
Front Airbags: Essential for protecting the driver and front passenger during frontal collisions.
Side Airbags: Provide protection during side-impact crashes.
Curtain Airbags: Shield occupants from head injuries during rollovers or side impacts.
Knee Airbags: Protect lower body parts from injuries in frontal collisions.
Rear Airbags: Emerging as a feature for rear passenger safety in luxury vehicles.
By Vehicle Type
Passenger Cars: Dominating the market due to the high volume of production and sales.
Commercial Vehicles: Growing demand for airbags in trucks and buses.
Electric Vehicles: A niche but rapidly expanding segment.
By Region
North America: Leading due to advanced safety regulations and high vehicle ownership.
Europe: Focus on safety and stringent regulations propel market growth.
Asia-Pacific: Fastest-growing region due to rising automobile production in countries like China and India.
Latin America, Middle East & Africa: Emerging markets with increasing adoption of safety features.
Technological Advancements
1. Sensor Integration
Modern airbags use sophisticated sensors to detect impact type, force, and angle. These sensors ensure faster deployment and better protection. Advanced driver-assistance systems (ADAS) are also being integrated with airbag technologies to improve overall safety.
2. Smart Airbags
Smart airbags adapt their deployment based on factors such as occupant weight, seat position, and collision severity. These features minimize injury risks for children and small adults.
3. Lightweight Materials
Manufacturers are adopting lightweight and durable materials for airbag construction, reducing the overall weight of vehicles and improving fuel efficiency.
4. AI and IoT Integration
Artificial intelligence and the Internet of Things (IoT) are being leveraged to create airbags that communicate with other vehicle systems. These airbags anticipate accidents and deploy preemptively for enhanced safety.
Challenges in the Airbag Systems Market
1. High Costs
Advanced airbag systems, particularly those with smart features, can significantly increase vehicle costs. This poses a challenge in price-sensitive markets, especially in developing countries.
2. Technical Failures
Airbag malfunctions, such as improper deployment or non-deployment, have led to significant recalls and tarnished the reputation of manufacturers. For example, the Takata airbag recall highlighted the critical need for quality control.
3. Limited Awareness in Emerging Economies
Despite rising road accidents, the penetration of airbag systems remains low in some developing countries due to limited awareness and the lack of strict regulations.
Competitive Landscape
Key players in the airbag systems market include:
Autoliv Inc. A market leader with a diverse portfolio of airbag systems and significant investments in R&D.
ZF Friedrichshafen AG Known for its innovative airbag solutions, including those for EVs and autonomous vehicles.
Joyson Safety Systems Focuses on advanced sensor technologies and global partnerships.
Continental AG A pioneer in integrating airbag systems with advanced safety features.
Denso Corporation Specializes in lightweight airbag systems and has a strong presence in Asia.
Emerging Trends
1. Autonomous Vehicles
The advent of autonomous vehicles (AVs) is reshaping the airbag systems market. With unique seating arrangements and safety challenges, AVs require specialized airbag solutions, such as external airbags to protect pedestrians.
2. Rear Passenger Airbags
Rear airbags are gaining traction, especially in luxury vehicles. Companies like Mercedes-Benz and Volvo have introduced rear airbags in their flagship models.
3. Airbags for Two-Wheelers
Manufacturers are developing airbags for motorcycles and scooters. For instance, Honda has launched an airbag system for its touring bikes.
Future Opportunities
Expansion in Emerging Markets With growing vehicle ownership in Asia, Africa, and Latin America, there is immense potential for airbag manufacturers to penetrate these regions.
Customization for EVs and AVs The shift toward electric and autonomous vehicles presents opportunities for developing innovative and energy-efficient airbag systems.
Collaborations and Partnerships Partnerships between automakers and airbag manufacturers can accelerate the development of advanced safety solutions.
Focus on Sustainability The use of eco-friendly materials in airbag production is an emerging focus area, aligning with the automotive industry’s sustainability goals.
Conclusion
The airbag systems market is evolving rapidly, driven by advancements in technology, increasing safety awareness, and stringent regulations. While challenges such as high costs and technical failures persist, the market is poised for robust growth, especially in regions with rising automobile adoption. With the integration of smart technologies, customized solutions for EVs and AVs, and a focus on sustainability, the future of airbag systems looks promising.
As automakers and suppliers continue to innovate, airbag systems will remain a cornerstone of vehicle safety, saving lives and making roads safer for everyone.
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Wires and Cables: Driving Innovation in Power, Telecom, and Beyond
The global wires and cables market was valued at approximately USD 211.62 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2030. Several key factors are contributing to this growth, including the increasing rates of urbanization and the rising demand for infrastructure development around the world. These trends are particularly influencing the power and energy requirements across various sectors, including commercial, industrial, and residential. The need for more advanced power transmission and distribution systems, alongside the development of smart grids, is driving substantial investments, further boosting market expansion. As a result, there is a notable increase in the adoption of new underground and submarine cables, essential for supporting modern grid infrastructure.
A smart grid is an advanced electrical grid that incorporates automation, control systems, and cutting-edge technologies to enhance the efficiency and reliability of electricity transmission. It is a critical component of the global energy infrastructure, as the functioning of nearly all modern systems and economies depends on the uninterrupted and efficient delivery of electrical power. The ongoing growth of the global population is contributing to a greater demand for electricity, further stressing the need for innovations in grid technology to ensure a steady supply.
Technological advancements in smart grids are also essential for mitigating the impact of adverse weather events such as storms, which can cause power outages. Smart grids are designed to reduce the frequency and duration of these outages and enable faster recovery of service when disruptions occur. Furthermore, smart grids facilitate the generation and distribution of renewable energy, promote the use of clean energy sources, and help reduce carbon emissions. They also support the integration of smart devices and smart homes, and play a key role in the adoption of electric vehicles by enabling efficient charging infrastructure. The continued development of smart grids, therefore, represents a critical driver for the expansion of the wires and cables market, as these technologies require advanced cabling systems for their operation and reliability.
Regional Insights
North America:
The wires and cables market in North America is experiencing strong growth, driven by several key factors. Notably, the ongoing modernization of power grids and the increased investment in renewable energy sources are central to the region’s demand for advanced cables. Additionally, the rapid expansion of data centers, which require high-capacity and high-performance cabling, is contributing to market growth. Infrastructure upgrades and the rising adoption of electric vehicles (EVs) are further driving the need for specialty cables, particularly for charging infrastructure and power distribution.
North America’s focus on smart technologies and the Internet of Things (IoT) also plays a significant role in the demand for fiber-optic cables, as these technologies rely on high-speed, low-latency communication networks. As the region continues to invest in digital and energy infrastructure, the need for robust and efficient wiring and cabling solutions is expected to grow steadily.
United States:
In the United States, the wires and cables market is significantly influenced by government and private sector investments aimed at upgrading energy infrastructure and promoting sustainability. Key drivers include a shift toward energy-efficient systems, as well as the rapid expansion of renewable power generation. Government initiatives to accelerate electric vehicle (EV) adoption, such as the development of EV charging networks, are also boosting the demand for specialized cables to support these systems.
Another major factor contributing to the growth of the U.S. market is the rollout of 5G networks. As 5G technology requires high-speed, high-bandwidth data transmission, there is a significant rise in demand for fiber-optic cables to enable these capabilities. These combined factors are expected to continue driving the market in the U.S., with a focus on both energy infrastructure and communication networks.
Asia Pacific:
The Asia Pacific region holds a dominant share of the global wires and cables market, accounting for 37.6% of the market’s revenue in 2023. This growth is largely attributed to the rapid industrialization, urbanization, and large-scale infrastructure development taking place in countries like China and India. As these nations expand their manufacturing capabilities and urban infrastructure, there is a growing demand for both power cables and communication cables.
Additionally, the increasing focus on renewable energy projects and government initiatives aimed at developing smart cities are fueling further demand for advanced cabling solutions. The shift toward smart grids, along with the expansion of renewable energy sources such as solar and wind power, is a key driver of market growth in the region. The automotive and telecom industries in Asia Pacific are also contributing to market expansion, particularly with the growing production of electric vehicles (EVs) and the continued buildout of telecom infrastructure.
Europe:
In Europe, the wires and cables market is primarily driven by the region’s stringent environmental regulations and the push toward renewable energy and energy efficiency. Governments across Europe are implementing policies and regulations that promote the transition to greener energy sources, which in turn is driving demand for power cables, particularly in sectors like wind and solar energy.
The automotive sector is another significant driver, particularly with the growing production and adoption of electric vehicles (EVs), which require specialized charging infrastructure and power distribution systems. Countries like Germany, France, and the UK are making substantial investments in upgrading aging power infrastructure, developing smart grids, and expanding data centers. These efforts are further fueling the demand for high-performance cables, especially those designed for high-speed data transmission and energy-efficient power distribution.
Browse through Grand View Research's Category HVAC & Construction Industry Research Reports.
The global flow computers market size was valued at USD 1.23 billion in 2024 and is projected to grow at a CAGR of 8.3% from 2025 to 2030.
The global electric power distribution automation systems market size was valued at USD 26.1 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.02 % from 2024 to 2030.
Key Wires and Cables Company Insights
The global wires and cables market is highly competitive and concentrated, with the top three companies—Belden Inc., Nexans, and Fujikura Ltd.—holding a significant portion of the market share in 2023. These industry leaders dominate the landscape, owing to their established reputations, extensive product portfolios, and innovation-driven strategies. To maintain or strengthen their market positions, these companies are actively pursuing various strategic initiatives designed to expand their customer base and enhance their competitive edge.
Belden Inc.
Belden Inc. is a key player in the wires and cables industry, known for its high-quality products and solutions across a broad range of sectors, including industrial, commercial, and residential markets. The company offers a diverse range of products such as networking cables, fiber-optic cables, and industrial automation cables, making it a critical supplier for infrastructure and communication networks. Belden's focus on technological innovation and product development allows it to meet the evolving needs of customers in an increasingly digital world. As part of its growth strategy, Belden is also exploring partnerships and acquisitions to enhance its product offerings and extend its market reach, particularly in the fields of industrial connectivity and smart grid solutions.
Nexans
Nexans, a global leader in the wires and cables market, has a strong foothold in various industries, including energy, telecommunications, and construction. The company is widely recognized for its innovative solutions in power cables, fiber-optic cables, and low-voltage cables. Nexans' commitment to sustainability and energy efficiency positions it as a key player in the growing renewable energy sector, where demand for cables for solar, wind, and grid infrastructure is rising rapidly. The company has been investing in new technologies and expanding its production capacity, particularly in emerging markets like Asia Pacific, to support the global transition to smarter and more sustainable energy systems.
Fujikura Ltd.
Fujikura Ltd., based in Japan, is a major player in the cables and fiber-optic sector, specializing in the manufacturing of high-performance cables for telecommunications, automotive, and energy markets. The company’s strength lies in its advanced technological expertise, particularly in fiber-optic cables, which are critical for high-speed data transmission in both telecom and data center applications. Fujikura has been focusing on expanding its market presence through the development of next-generation cable technologies, which are essential to meet the rising demand for higher bandwidth and faster communication speeds.
Key Wires And Cables Companies:
The following are the leading companies in the wires and cables market. These companies collectively hold the largest market share and dictate industry trends.
Belden Inc.
Encore Wire Corporation
Finolex Cables.
Fujikura Ltd.
Furukawa Electric Co., Ltd.
KEI Industries Limited.
LEONI AG
LS Cable & System Ltd.
Nexans
NKT A/S
Prysmian S.p.A
Sumitomo Corporation
Southwire Company, LLC
Amphenol TPC.
American Wire Group
CommScope, Inc.
CommScope, Inc.
Shanghai Shenghua Cable (Group) Co., Ltd.
TE Connectivity
Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.
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Automotive Motors Market Insights, Statistics, Trends and Forecast Report by 2030
Automotive Motors Market Insights, Statistics, Trends and Forecast Report by 2030
The Automotive Motors Market Report delivers a detailed examination of the market, covering essential insights into market size, projected growth, and major trends. This report provides an in-depth view of the market through segmentation by region, by segments, along with targeted analysis designed to support informed strategic decisions. Evaluating the industry’s dynamics, the report highlights key growth drivers, challenges, and emerging opportunities. Essential for CEOs, analysts, and stakeholders, the report includes both SWOT and PESTLE analyses, offering valuable insights into competitive strengths, weaknesses, opportunities, and threats across various regions and segments.
Automotive Motors Market Size
According to Straits Research, the global Automotive Motors Market is set for substantial growth, projected to reach USD 58.84 Billion by 2030 at a robust CAGR of 6.8%. This growth is driven by advancements in technology and regional expansions that are reshaping the industry landscape. The report captures this momentum and explores the impact of these developments on global and regional markets specifically.
Report Structure
Automotive Motors Market Overview: Straits Research places the global Automotive Motors Market size at USD 32.55 Billion in 2021, forecasting growth from USD XX Billion in 2022 to USD 58.84 Billion by 2030, with a CAGR of 6.8% from 2022 to 2030.
Economic Impact: A breakdown of economic factors affecting the industry, with a focus on the U.S. market’s role.
Production and Opportunities: Analysis of production methods, business opportunities, and market potential.
Trends and Technologies: Insight into emerging technologies, trends, and key players shaping the industry.
Cost and Market Analysis: Examination of production costs, marketing strategies, and regional market shares, segmented by type and application.
Request a Free Sample (Full Report Starting from USD 1850: https://straitsresearch.com/report/automotive-motors-market/request-sample
Regional Analysis for Automotive Motors Market
North America: Leading in market adoption, North America’s Automotive Motors Market sector is supported by cutting-edge technology, high consumer demand, and favorable regulatory frameworks. The U.S. and Canada remain top contributors to regional growth.
Europe: Growth in the Automotive Motors Market is steady, driven by strict regulatory standards, a focus on sustainability, and significant R&D investments. Key contributors include Germany, France, the U.K., and Italy.
Asia-Pacific: The fastest-growing region, supported by rapid industrialization, urbanization, and a rising middle class. Key markets are China, India, Japan, and South Korea.
Latin America, Middle East, and Africa: Emerging regions with expanding demand due to economic development and improved infrastructure. Leading markets include Brazil, Mexico, Saudi Arabia, UAE, and South Africa.
Top Players in the Automotive Motors Market
The report highlights leading companies, including
BorgWarner Inc.
Continental AG
DENSO CORPORATION
Johnson Electric Holdings Limited
Mitsuba Corporation
MABUCHI MOTOR CO.LTD.
Nidec Corporation
Robert Bosch GmbH
Siemens AG
VALEO
Inteva Products LLC
Magna International Inc
Marelli Europe S.P.A.
Aptiv PLC
Buhler Motor
Meritor Inc.
PST Electronics Ltd
U-SHIN ltd.
and more, with detailed insights into their strategic positioning.
Automotive Motors Market Segmental Analysis
By Type
D.C. Brushed Motors
Brushless D.C. Motors
Stepper Motors
Traction Motors
By Vehicle Type
Two-wheelers
Electric Two-wheelers
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
BEV
Plug-in hybrid electric vehicle (PHEV)
Hybrid electric vehicle (HEV)
By Function
Performance
Comfort & Convenience
Safety & Security
By Technology
PWM
DTC54
By Application
Alternator
ETC
Electric Parking Brake
Sun Roof Motor
Fuel Pump Motor
Wiper Motor
Engine Cooling Fan
HVAC
Starter Motor
Anti-lock Brake System
EPS
Electronically commutated motor (ECM)
Variable valve timing (VVT)
Exhaust gas recirculation (EGR)
Power liftgate (PLG)
Others
Market Segmentation: https://straitsresearch.com/report/automotive-motors-market/segmentation
Top Economic Indicators Essential for Industry Professionals
The report provides insights into key economic factors crucial to the Automotive Motors Market, which includes:
Production Costs (COGS): Covering materials, labor, and overhead associated with manufacturing.
Innovation Costs (R&D): Investment in technology advancements, particularly in EVs and safety.
Operational Costs (SG&A): Including marketing, sales, and administration expenses.
Logistics Costs: Expenses for product transport and distribution.
Service and Warranty Costs: Post-sale service and warranty-related expenses.
Revenue and Profitability Metrics: Insight into per-unit revenue, gross margin, and net profit.
Break-even and Economies of Scale Analysis: Calculations on cost efficiency as production scales.
New Additions to the 2025 Report
Expanded Industry Overview: A comprehensive analysis of the industry's current state and key developments.
Enhanced Company Profiles: Detailed information on major players, including their strategic priorities and growth initiatives.
Tailored Reports and Analyst Support: Customizable reports and direct access to industry experts to assist with specific research needs.
Latest Automotive Motors Market Insights: Analysis of market growth drivers and anticipated developments.
Region and Country-Specific Data: Customized reports focusing on particular countries or regions to align with specific market strategies in the U.S. and beyond.
Table of Contents for the Automotive Motors Market Report: https://straitsresearch.com/report/automotive-motors-market/toc
Frequently Asked Questions in the Automotive Motors Market Research Report
What recent initiatives have key players adopted to enhance brand and customer engagement?
Which firms are leading in adopting long-term ESG and sustainability initiatives?
What were the most effective strategies employed to handle challenges from the pandemic?
How are current global trends impacting Automotive Motors Market demand, especially in the U.S.?
What are the significant growth opportunities, and how will mining adoption impact the sector?
How are industry trends creating new revenue opportunities?
Scope of the Report
COVID-19 Impact: This section explores both immediate and enduring effects of the pandemic on Automotive Motors Market segments.
Supply Chain Analysis: Focus on changes in distribution channels and logistics.
Geopolitical Impact: Evaluates effects of the Middle East crisis on supply chains and market stability.
Purchase the Full Report: https://straitsresearch.com/buy-now/automotive-motors-market
About Straits Research
Straits Research is a leader in providing research and business intelligence, offering services in research, analytics, and strategic advisory. Known for its comprehensive reports, Straits Research helps clients gain insights to make informed decisions.
Contact Us:
Email: [email protected]
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The U.S. Department of Treasury’s gift to electric-vehicle shoppers (and global automakers) for the new year was to make many more EVs and plug-in hybrids eligible for the federal tax subsidy of up to $7,500 — including vehicles built outside North America — as long as drivers lease them or buy used rather than buy new.
EV credits and [rules] took effect Jan. 1.
One category extends the former credit of up to $7,500 for consumers buying new EVs and PHEVs, but it puts new limits on vehicle price and buyer income and will soon add requirements for the sourcing of EV batteries and materials. Additionally, since August [2022], it has required that the vehicles be assembled in North America.
A second is a new credit of up to $4,000 for buyers of used EVs.
A third is a “commercial” credit for businesses acquiring EVs. It offers up to $7,500 for light-duty vehicles (under 14,000 pounds) and up to $40,000 for heavier vehicles. Significantly, the commercial credit does not have the origin, price or other restrictions of the credit for consumer buyers.
On top of all that, the Department of Treasury guidance released at the end of December allows the less restrictive commercial credit to also apply to vehicles leased by consumers; that means most plug-in and fuel-cell EVs currently on the market can qualify, including those built in Europe or Asia. The credit goes to the leasing company — the vehicle owner — but it can be passed to the consumer in the form of lower lease payments.
The new federal rules do not affect state and local subsidies available for EV buyers [which may be able to get you even more savings].
-via Cars.com, January 12, 2023
#evs#electric vehicles#electric cars#ev sales#ev adoption#united states#irs#tax credits#democrats#inflation reduction act#biden administration#used cars#leasing a car#saving money#money#good news#hope
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Tackling the energy revolution, one sector at a time
New Post has been published on https://sunalei.org/news/tackling-the-energy-revolution-one-sector-at-a-time/
Tackling the energy revolution, one sector at a time
As a major contributor to global carbon dioxide (CO2) emissions, the transportation sector has immense potential to advance decarbonization. However, a zero-emissions global supply chain requires re-imagining reliance on a heavy-duty trucking industry that emits 810,000 tons of CO2, or 6 percent of the United States’ greenhouse gas emissions, and consumes 29 billion gallons of diesel annually in the U.S. alone.
A new study by MIT researchers, presented at the recent American Society of Mechanical Engineers 2024 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, quantifies the impact of a zero-emission truck’s design range on its energy storage requirements and operational revenue. The multivariable model outlined in the paper allows fleet owners and operators to better understand the design choices that impact the economic feasibility of battery-electric and hydrogen fuel cell heavy-duty trucks for commercial application, equipping stakeholders to make informed fleet transition decisions.
“The whole issue [of decarbonizing trucking] is like a very big, messy pie. One of the things we can do, from an academic standpoint, is quantify some of those pieces of pie with modeling, based on information and experience we’ve learned from industry stakeholders,” says ZhiYi Liang, PhD student on the renewable hydrogen team at the MIT K. Lisa Yang Global Engineering and Research Center (GEAR) and lead author of the study. Co-authored by Bryony Dupont, visiting scholar at GEAR, and Amos Winter, the Germeshausen Professor in the MIT Department of Mechanical Engineering, the paper elucidates operational and socioeconomic factors that need to be considered in efforts to decarbonize heavy-duty vehicles (HDVs).
Operational and infrastructure challenges
The team’s model shows that a technical challenge lies in the amount of energy that needs to be stored on the truck to meet the range and towing performance needs of commercial trucking applications. Due to the high energy density and low cost of diesel, existing diesel drivetrains remain more competitive than alternative lithium battery-electric vehicle (Li-BEV) and hydrogen fuel-cell-electric vehicle (H2 FCEV) drivetrains. Although Li-BEV drivetrains have the highest energy efficiency of all three, they are limited to short-to-medium range routes (under 500 miles) with low freight capacity, due to the weight and volume of the onboard energy storage needed. In addition, the authors note that existing electric grid infrastructure will need significant upgrades to support large-scale deployment of Li-BEV HDVs.
While the hydrogen-powered drivetrain has a significant weight advantage that enables higher cargo capacity and routes over 750 miles, the current state of hydrogen fuel networks limits economic viability, especially once operational cost and projected revenue are taken into account. Deployment will most likely require government intervention in the form of incentives and subsidies to reduce the price of hydrogen by more than half, as well as continued investment by corporations to ensure a stable supply. Also, as H2-FCEVs are still a relatively new technology, the ongoing design of conformal onboard hydrogen storage systems — one of which is the subject of Liang’s PhD — is crucial to successful adoption into the HDV market.
The current efficiency of diesel systems is a result of technological developments and manufacturing processes established over many decades, a precedent that suggests similar strides can be made with alternative drivetrains. However, interactions with fleet owners, automotive manufacturers, and refueling network providers reveal another major hurdle in the way that each “slice of the pie” is interrelated — issues must be addressed simultaneously because of how they affect each other, from renewable fuel infrastructure to technological readiness and capital cost of new fleets, among other considerations. And first steps into an uncertain future, where no one sector is fully in control of potential outcomes, is inherently risky.
“Besides infrastructure limitations, we only have prototypes [of alternative HDVs] for fleet operator use, so the cost of procuring them is high, which means there isn’t demand for automakers to build manufacturing lines up to a scale that would make them economical to produce,” says Liang, describing just one step of a vicious cycle that is difficult to disrupt, especially for industry stakeholders trying to be competitive in a free market.
Quantifying a path to feasibility
“Folks in the industry know that some kind of energy transition needs to happen, but they may not necessarily know for certain what the most viable path forward is,” says Liang. Although there is no singular avenue to zero emissions, the new model provides a way to further quantify and assess at least one slice of pie to aid decision-making.
Other MIT-led efforts aimed at helping industry stakeholders navigate decarbonization include an interactive mapping tool developed by Danika MacDonell, Impact Fellow at the MIT Climate and Sustainability Consortium (MCSC); alongside Florian Allroggen, executive director of MITs Zero Impact Aviation Alliance; and undergraduate researchers Micah Borrero, Helena De Figueiredo Valente, and Brooke Bao. The MCSC’s Geospatial Decision Support Tool supports strategic decision-making for fleet operators by allowing them to visualize regional freight flow densities, costs, emissions, planned and available infrastructure, and relevant regulations and incentives by region.
While current limitations reveal the need for joint problem-solving across sectors, the authors believe that stakeholders are motivated and ready to tackle climate problems together. Once-competing businesses already appear to be embracing a culture shift toward collaboration, with the recent agreement between General Motors and Hyundai to explore “future collaboration across key strategic areas,” including clean energy.
Liang believes that transitioning the transportation sector to zero emissions is just one part of an “energy revolution” that will require all sectors to work together, because “everything is connected. In order for the whole thing to make sense, we need to consider ourselves part of that pie, and the entire system needs to change,” says Liang. “You can’t make a revolution succeed by yourself.”
The authors acknowledge the MIT Climate and Sustainability Consortium for connecting them with industry members in the HDV ecosystem; and the MIT K. Lisa Yang Global Engineering and Research Center and MIT Morningside Academy for Design for financial support.
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Tackling the energy revolution, one sector at a time
New Post has been published on https://thedigitalinsider.com/tackling-the-energy-revolution-one-sector-at-a-time/
Tackling the energy revolution, one sector at a time
As a major contributor to global carbon dioxide (CO2) emissions, the transportation sector has immense potential to advance decarbonization. However, a zero-emissions global supply chain requires re-imagining reliance on a heavy-duty trucking industry that emits 810,000 tons of CO2, or 6 percent of the United States’ greenhouse gas emissions, and consumes 29 billion gallons of diesel annually in the U.S. alone.
A new study by MIT researchers, presented at the recent American Society of Mechanical Engineers 2024 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, quantifies the impact of a zero-emission truck’s design range on its energy storage requirements and operational revenue. The multivariable model outlined in the paper allows fleet owners and operators to better understand the design choices that impact the economic feasibility of battery-electric and hydrogen fuel cell heavy-duty trucks for commercial application, equipping stakeholders to make informed fleet transition decisions.
“The whole issue [of decarbonizing trucking] is like a very big, messy pie. One of the things we can do, from an academic standpoint, is quantify some of those pieces of pie with modeling, based on information and experience we’ve learned from industry stakeholders,” says ZhiYi Liang, PhD student on the renewable hydrogen team at the MIT K. Lisa Yang Global Engineering and Research Center (GEAR) and lead author of the study. Co-authored by Bryony Dupont, visiting scholar at GEAR, and Amos Winter, the Germeshausen Professor in the MIT Department of Mechanical Engineering, the paper elucidates operational and socioeconomic factors that need to be considered in efforts to decarbonize heavy-duty vehicles (HDVs).
Operational and infrastructure challenges
The team’s model shows that a technical challenge lies in the amount of energy that needs to be stored on the truck to meet the range and towing performance needs of commercial trucking applications. Due to the high energy density and low cost of diesel, existing diesel drivetrains remain more competitive than alternative lithium battery-electric vehicle (Li-BEV) and hydrogen fuel-cell-electric vehicle (H2 FCEV) drivetrains. Although Li-BEV drivetrains have the highest energy efficiency of all three, they are limited to short-to-medium range routes (under 500 miles) with low freight capacity, due to the weight and volume of the onboard energy storage needed. In addition, the authors note that existing electric grid infrastructure will need significant upgrades to support large-scale deployment of Li-BEV HDVs.
While the hydrogen-powered drivetrain has a significant weight advantage that enables higher cargo capacity and routes over 750 miles, the current state of hydrogen fuel networks limits economic viability, especially once operational cost and projected revenue are taken into account. Deployment will most likely require government intervention in the form of incentives and subsidies to reduce the price of hydrogen by more than half, as well as continued investment by corporations to ensure a stable supply. Also, as H2-FCEVs are still a relatively new technology, the ongoing design of conformal onboard hydrogen storage systems — one of which is the subject of Liang’s PhD — is crucial to successful adoption into the HDV market.
The current efficiency of diesel systems is a result of technological developments and manufacturing processes established over many decades, a precedent that suggests similar strides can be made with alternative drivetrains. However, interactions with fleet owners, automotive manufacturers, and refueling network providers reveal another major hurdle in the way that each “slice of the pie” is interrelated — issues must be addressed simultaneously because of how they affect each other, from renewable fuel infrastructure to technological readiness and capital cost of new fleets, among other considerations. And first steps into an uncertain future, where no one sector is fully in control of potential outcomes, is inherently risky.
“Besides infrastructure limitations, we only have prototypes [of alternative HDVs] for fleet operator use, so the cost of procuring them is high, which means there isn’t demand for automakers to build manufacturing lines up to a scale that would make them economical to produce,” says Liang, describing just one step of a vicious cycle that is difficult to disrupt, especially for industry stakeholders trying to be competitive in a free market.
Quantifying a path to feasibility
“Folks in the industry know that some kind of energy transition needs to happen, but they may not necessarily know for certain what the most viable path forward is,” says Liang. Although there is no singular avenue to zero emissions, the new model provides a way to further quantify and assess at least one slice of pie to aid decision-making.
Other MIT-led efforts aimed at helping industry stakeholders navigate decarbonization include an interactive mapping tool developed by Danika MacDonell, Impact Fellow at the MIT Climate and Sustainability Consortium (MCSC); alongside Florian Allroggen, executive director of MITs Zero Impact Aviation Alliance; and undergraduate researchers Micah Borrero, Helena De Figueiredo Valente, and Brooke Bao. The MCSC’s Geospatial Decision Support Tool supports strategic decision-making for fleet operators by allowing them to visualize regional freight flow densities, costs, emissions, planned and available infrastructure, and relevant regulations and incentives by region.
While current limitations reveal the need for joint problem-solving across sectors, the authors believe that stakeholders are motivated and ready to tackle climate problems together. Once-competing businesses already appear to be embracing a culture shift toward collaboration, with the recent agreement between General Motors and Hyundai to explore “future collaboration across key strategic areas,” including clean energy.
Liang believes that transitioning the transportation sector to zero emissions is just one part of an “energy revolution” that will require all sectors to work together, because “everything is connected. In order for the whole thing to make sense, we need to consider ourselves part of that pie, and the entire system needs to change,” says Liang. “You can’t make a revolution succeed by yourself.”
The authors acknowledge the MIT Climate and Sustainability Consortium for connecting them with industry members in the HDV ecosystem; and the MIT K. Lisa Yang Global Engineering and Research Center and MIT Morningside Academy for Design for financial support.
#000#2024#adoption#agreement#American#applications#author#Automobiles#automotive#aviation#battery#BEV#billion#carbon#Carbon dioxide#cell#challenge#change#clean energy#Cleaner industry#climate#climate change#CO2#Collaboration#computers#conference#decarbonization#decision support#deployment#Design
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After a Decade of Promises, Tesla Preps to Unveil Robotaxi Design
For the last ten years, Elon Musk has tantalized investors and consumers alike with visions of Tesla vehicles working like those robotaxis his company claims they are going to make a reality. On October 10, the company will unveil the design of its long-awaited autonomous cabs, an event that has built great excitement in the automotive and technology industries.
Despite the feverish expectations building around this announcement, a number of industry experts remain skeptical still. According to most analysts, the issues that Tesla has faced when fine-tuning its Autopilot and Full Self-Driving (FSD) capabilities are key signs of the company’s success or failure in achieving full autonomy. The event is, therefore, very important for Tesla, which has faced public criticism coming from various circles due to advanced projections that have yet to materialize.
While Tesla goes on, many others have rapidly closed the gap in the autonomous car category. Alphabet’s Waymo recently went on to win with the rollout of its commercial robotaxi service in cities across the U.S. that achieved over 100,000 paid rides per week as of August. With Amazon as its owner, Zoox has started testing its employee-ride mode in February 2023 and is fast working its way towards launching its robotaxi service. In fact, other companies like Pony.ai and Baidu have already operationalized their commercial robotaxi services in China. This now exposes Tesla to the competitive game that has thus taken place.
The robotaxi market is considered enormous. In fact, according to a bullish forecast released recently by the investment bank Raymond James, annual bookings for robotaxi services are forecast to reach $50 billion by 2030. That’s a healthy infusion of revenue at a time when traditional electric vehicle sales are peaking in the U.S.
Then, the public will be viewing the outcome of this significant event to see how Tesla presents its actual vision for future transportation. How well the company pivots toward a successful autonomous strategy will become necessary not only for its future growth, but also to continue competing in the evolving EV market. Whether this design for the next robotaxi will be what was so much hyped for a decade is something that time will tell, but for Musk and Tesla, the stakes are extremely high as they look to revolutionize how we navigate the mobility landscape.
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Understanding Power Tools Market: Trends and Growth Drivers
The global power tools market size is anticipated to reach USD 54.39 billion by 2030, expanding at a CAGR of 7.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Demand for compact, flexible, and mobile tools is increasing in the industrial as well as residential applications. Power instruments play a crucial role in reducing manual efforts, especially in heavy duty applications; this is projected to have a positive impact on the market.
Increasing use of the instruments in residential applications is projected to escalate the market towards growth trajectories. The surge in popularity of the Do-it-Yourself (DIY) technique is observed as a trend globally. Moreover, the unavailability of household workers has forced people to take up DIY jobs for household repair and maintenance. House repair, gardening, etc. is easier with the help of user-friendly and ergonomic tools which has led to increased demand for these products. Rising disposable income of the people is also a major factor influencing market growth.
Increased use of fastening instruments in the automotive and construction industry has led to significant adoption of the instruments in the industrial application. Increasing sales of commercial vehicles and growing urbanization drive the demand for the instruments in the automotive and construction sectors. Power instruments offer enhanced efficiency making them the preferred choice of workers in the industrial sectors.
Gather more insights about the market drivers, restrains and growth of the Power Tools Market
Power Tools Market Report Highlights
• Based on product type, wrenches are expected to exhibit a significant growth owing to several household and professional applications and affordable prices
• The electric mode of operation segment dominated the market with the share of 65.30% in 2022. The high revenue share is attributed to the increasing adoption of cordless instruments as they are ergonomic, mobile, and portable
• Based on application, industrial segment held more than 62.84% of the revenue share in 2022 and is expected to continue its dominance throughout the forecast period. Rising number of construction activities across the globe is anticipated to drive the segment growth
• Asia Pacific held the largest market share of 34.63% in 2022 owing to the growth in infrastructure and construction activities in the region
Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.
• The global specialty printing consumables market size was valued at USD 39.70 billion in 2024 and is expected to grow at a CAGR of 3.2% from 2025 to 2030.
• The global cobalt market size was estimated at USD 16.96 billion in 2024 and is expected to grow at a CAGR of 6.7% from 2025 to 2030.
Power Tools Market Segmentation
Grand View Research has segmented the global power tools market based on product, mode of operation, application, and region:
Power Tools Product Outlook (Revenue, USD Million, 2018 - 2030)
• Drills
• Saws
• Wrenches
• Grinders
• Sanders
• Others
Power Tools Mode Of Operation Outlook (Revenue, USD Million, 2018 - 2030)
• Electric
• Pneumatic
• Others
Power Tools Application Outlook (Revenue, USD Million, 2018 - 2030)
• Industrial
• Residential
Power Tools Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
• Asia Pacific
o China
o India
o Japan
• Latin America
o Brazil
o Mexico
• Middle East & Africa
Order a free sample PDF of the Power Tools Market Intelligence Study, published by Grand View Research.
#Power Tools Market#Power Tools Market Analysis#Power Tools Market Report#Power Tools Market Size#Power Tools Market Share
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