The market for electric cars in China is huge already and it’s growing at almost an exponential rate annually.
Commentators in the country include electric cars in the category called “new energy vehicles”, which also refers to hybrid energy vehicles, and are saying the market will be further accelerated as a result of government backing.
The next industrial revolution is arriving on a shore near you. It’s called Industry 4.0, and like its three predecessors, it’s about to bring sweeping changes to manufacturing that will globally affect everyone.
Industry 4.0, and the resulting manufacturing changes that are coming with it, have spawned a new type of production plant called the smart factory.
The US manufacturing sector faces numerous possible pitfalls and some risk of severe declines, according to a new report by Creditsafe USA.
The in-depth analysis of the US manufacturing industry says that, despite recent overall consistent performance, there are “several areas of concern” across the entire sector. In particular, the rate of bankruptcy signaling the possibility of an industry slowdown.
Managing an economy today is not easy. But managing it for tomorrow? Now that’s a real challenge. It’s one that the government in Thailand is tackling head on, with a raft of new policies aimed at future-proofing its workforce and industry, particularly in the automotive, robotics, and aerospace sectors.
The measures, known collectively as Thailand 4.0, are centered on incentivizing foreign direct investment and nurturing innovation for 10 key future-focused industries.
Japanese robotics maker ZMP has partnered with a taxi operator in Tokyo, as part of its plans to launch a self-driving taxi in the city in time for the 2020 Olympics, said CEO Hisashi Taniguchi.
Japan’s taxi industry, faced with a labour crunch due to an ageing population, has been looking at new technologies to drive growth. The sector may also have to deal with more competition in the future if the government allows ride-sharing services such as Uber to operate across the country.
Manufacturers in North American know robotics and automation; they have studied and put into practice the Ford Production System and the Toyota Production System to continuously improve operations, with much of those improvements made by the use and integration of automation.
As such, the sector has traditionally been one of the first industries to grab hold of burgeoning robotics technologies and incorporate them into process.
Russia’s new jetliner, which conducted its maiden flight on Sunday, may have a hard time challenging the sales duopoly of Boeing and Airbus, but it does point the way to radical changes in how they could be building jets in the future.
The MS-21, a new single aisle airliner produced by Russia’s United Aircraft Corporation, and its associate company Irkut, is the first passenger plane borne aloft by lightweight carbon-composite wings built without a costly pressurised oven called an autoclave.