![]() ![]() “Our new report Recharging the Automotive Market is well worth a read. Half (49%) are also concerned about the lack of recyclable battery materials, closely followed by the lack of recycling programs and infrastructure (47%). The majority of carmakers (56%) identify a lack of alternatives to rare-earth metals for batteries as the major barrier. At this point in the EV evolution, companies are hitting other obstacles in achieving greener EVs. Only 38% of automakers are increasing their investment in more sustainable EV designs, which appears to be a much lower priority than attributes that appeal to consumers on the forefront. The new report reveals the current focus and significant challenges faced by the electric vehicle market and how they are balancing priorities. Also covered are smart manufacturing strategies being employed to advance product development, a key area of focus for Hexagon whose technology touches 95% of all cars produced every year. Additionally, the report forecasts where the industry is headed in the next two decades. The full results of the research are presented in the paper, as well as current efforts to define and eliminate roadblocks hindering the transition to electric vehicles (EV). The wide-ranging survey engaged 416 eMobility design and manufacturing decision-makers across the global automotive supply chain. The body of work was produced by Hexagon and draws from the original research conducted with Wards Intelligence and Informa Tech Automotive Group (ITAG). ![]() ![]() Hexagon’s Manufacturing Intelligence division today announced it has released a comprehensive report entitled Recharging the Automotive Market. Lubricants, Coolants, Metalworking Fluids.Computerized Maintenance Management Systems.Abrasives, Belts, Brushes, Grinding Wheels.
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