During the first quarter of 2022, new commercial vehicle registrations in the EU shrank by 18.1%, totalling 411,097 units. March results dragged down the quarterly performance more than the results recorded during the first two months of the year.
If you are a manufacturer, a fabricator, a processor, or even a raw materials provider, you either already have or will soon be required to provide product traceability information to your customers. The pressing production problems are now accompanied by product liability and risk management, especially in the automotive industry.
ABB E-mobility and Shell are taking their collaboration to the next level to bring flexible and quality charging to millions of electric vehicle drivers.
ABB E-mobility has signed a new global framework agreement with Shell to supply ABB’s end-to-end portfolio of AC and DC charging stations. The portfolio ranges from the AC wallbox for home, work or retail installations to the Terra 360 which is ideal for refueling stations, urban charging stations, retail parking and fleet applications.
Faurecia, company of the Group FORVIA, and Veolia have signed a Cooperation and Research Agreement to jointly develop innovative compounds for automotive interior modules, aiming to achieve an average of 30% of recycled content by 2025. Through this partnership, the two companies will accelerate the deployment of breakthrough sustainable interiors solutions implemented in instrument panels, door panels and center consoles in Europe. Veolia will start the production of these secondary raw materials at its existing recycling sites in France starting from 2023.
After several consecutive months of steep gains, commodity prices finished mixed in April. Energy commodities fell 6,1%, while non-energy commodities rose 0,6%.
The war in Ukraine has caused major supply disruptions and led to historically higher prices for a number of commodities. For most commodities, prices are expected to be significantly higher in 2022 than in 2021 and to remain high in the medium term. The price of Brent crude oil is projected to average $100/bbl in 2022, a 42 percent increase from 2021 and its highest level since 2013. Non-energy prices are expected to rise by about 20 percent in 2022, with the largest increases in commodities where Russia or Ukraine are key exporters.
Mitsubishi Electric Corporation announced that it has developed a new airflow-control technology that both visualizes and analyzes airflow from air-conditioning systems and temperature distribution for optimized room-wide comfort. The technology predicts airflows and temperatures, which vary according to the room shape and air-conditioning system layout, to determine how to minimize uneven temperatures and discomfort due to excessively strong airflow. Mitsubishi Electric also expects to use its new solution to advise building owners and designers on how to enhance indoor layouts for increased comfort.