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2 days ago · IndustryWeek is the premier online source of news and information on manufacturing, leadership, continuous improvement, talent management and other issues critical to industry.
How 3D Printing Fits into Manufacturing, For Real | IndustryWeek
Oct 9, 2024 · “We don’t have the manpower, the engineering capacity, to go through the legacy portfolio to explore opportunities. For, let’s say, 5,000 components or products that we have to screen, I’ll need 300 years of engineering for one person to dedicate for that portfolio.
Five Predictions for the 2030 EV Battery Market | IndustryWeek
Oct 16, 2024 · While electric vehicle (EV) sales have slowed in 2024, most experts predict an acceleration in the coming years. New research from Bain & Company shows anticipated future growth in EVs is expected to boost global battery sales to more than four times the 2023 demand by 2030 (see Figure 1).
Trump Wants More Tariffs. Is That a Good Idea for US …
Oct 24, 2024 · If elected, former and possibly future President Donald J. Trump would impose new tariffs on most goods coming into the country, making it his policy stance that has the potential to have the highest impact on manufacturers.
Nearshoring: A Strategic Manufacturing Necessity Even Before …
Nov 18, 2024 · With the outcome of the U.S. Presidential election and the anticipation of new tariffs in the coming year, Roland Berger’s research indicates that nearshoring has shifted from a strategic choice to a critical necessity. Market expectations of significant tariffs could translate into substantial economic impacts, affecting operational costs and supply chain structures.
Tesla Needs New Strategies to Compete in China's EV Market
Nov 11, 2024 · Tesla’s sales growth in China has stagnated in 2024. Despite an increase in sales during the third quarter, Tesla’s market share in the new energy vehicle (NEV) market – which includes plug-in hybrids and hydrogen fuel cell cars alongside pure electric vehicles – has dropped to 6.5% in the first seven months of this year, down from nearly 9% a year earlier.
Tariffs, Trump and Nissan Slashes Forecast: IW Manufacturing …
Nov 8, 2024 · It's pretty clear where our IndustryWeek manufacturing community's heads were over the past seven days as election-related coverage accounted for half of our Top 10 most popular content in our latest Weekly Reads. The conclusion of the Boeing strike, long-lived manufacturing companies and big job cuts at Nissan also attracted significant attention.
Reshaping Global Supply Chains: Impacts of Tariff Hikes and …
Nov 21, 2024 · As global supply chains continue to face challenges in 2024, a potential paradigm shift in U.S. trade policy looms on the horizon. The prospect of dramatically increased tariffs—up to 60% on Chinese imports and 10%-to-20% across all other trading partners, including Mexico—threatens to fundamentally reshape global supply chain landscape.
Dana Makes CEO Change, Will Sell Off-Highway Division
Nov 26, 2024 · Providing an early look at 2025, Kamsickas said Dana’s leaders planned to continue to cut costs. As part of the news that he has stepped down, Dana’s directors said the company will make “substantial reductions in selling, general and administrative costs across all the company’s businesses” while adjusting engineering spending reflect the auto sector’s slowdown, specifically when ...
EV Battery Maker Northvolt Seeks Bankruptcy Protection in US
Nov 22, 2024 · Sweden's beleaguered electric car battery maker Northvolt on Thursday said it had applied for bankruptcy protection in the United States to enable it to restructure its debt and reorganize its business.