Vehicle Electrification on the Rise

Posted by MarketsandMarkets on Aug 6, 2019 3:36:37 PM

BMW, the German luxury car manufacturer, has accelerated its vehicle electrification plans by introducing the Fifth Generation Architecture, as the company calls it. With the implementation of this architecture, BMW plans to deliver 25 electrified models on roads by 2023, which is 2 years earlier than the company had planned. According to BMW, more than half of these 25 new vehicles will be fully electric.

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Topics: Vehicle Electrification Market, Vehicle Electrification, German luxury car manufacturer, Vehicle electrification technologies

Joyn Bio (US) and NewLeaf Symbiotics (US) Sealed a USD 75 Million Deal through Partnership to Expand in the Agricultural Microbial Market

Posted by MarketsandMarkets on Aug 1, 2019 1:58:51 PM

On 22nd July 2019, Joyn Bio (US) and NewLeaf Symbiotics (US) announced a long-term partnership valued up to USD 75 Million to offer innovative solutions and sustainability in the modern agriculture techniques, with a new class of microbes that would enhance the current crop protection system.

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Topics: Agricultural Microbial Market, North America agricultural microbials, NewLeaf Symbiotics, Joyn Bio, agricultural biological solutions

French Smart Port in Med Initiative: Traxens Facilitates the Digital Transition of the Port of Marseille

Posted by MarketsandMarkets on Jul 30, 2019 3:35:35 PM

Traxens, an Internet of Things (IoT) company, has joined the French Smart Port in Med initiative as an associate partner, to support the digital transition of the Port of Marseille. Some key strategic objectives of this collaboration include ensuring the economic and environmental improvement of the port and its ecosystem, creating new job opportunities, strengthening the relationship between the port and the local community, and positioning the Port of Marseille as an innovative digital port in the Mediterranean.

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Topics: Smart Port in Med initiative, Smart Port, French Smart Port

Dupont to take the lead in the Probiotics Industry by setting up a new Probiotics Fermentation Facility in New York

Posted by MarketsandMarkets on Jul 19, 2019 6:36:34 PM

DuPont (US), one of the largest players in the probiotics business, opened a new state-of-the-art probiotics fermentation unit in its New York facility on the 15th of July 2019. The company undertook this expansion to expand its probiotics capacity. The facility provides high-quality probiotics to cater to the demand from the dietary supplements and food & beverage industries.

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Topics: Probiotics Market, DuPont, Food, Beverage, and Agriculture, dietary supplements and food & beverage

Apple Buys Self-Driving Start-Up Drive.AI to Bolster Project Titan

Posted by MarketsandMarkets on Jul 19, 2019 5:04:12 PM

On 26th June 2019, Apple acquired Drive.ai—a self-driving start-up—in a move that is expected to give a massive thrust to its autonomous vehicle technology. While the acquisition terms were not made public, it is believed that Apple acquired the struggling start-up for less than USD 77 million. The acquisition bolsters Apple’s autonomous vehicle initiative—Project Titan—and will help the smartphone giant to effectively compete with rivals such as Tesla and Waymo, which have a head start over the former.

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Topics: Tesla and Waymo, autonomous vehicle technology, autonomous vehicles, Semi-Autonomous and Autonomous Vehicles, Start-Up Drive.AI, Apple’s Project Titan, acquisition bolsters Apple’s, Self-Driving Start-Up

In July 2019, Rheinmetall AG and BAE Systems plc created a joint venture with an aim to manufacture Boxer multirole fighting vehicles for the UK.

Posted by MarketsandMarkets on Jul 15, 2019 2:42:04 PM

MarketsandMarkets™ View Point:

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Topics: Aerospace and Defence, armored vehicles market, Rheinmetall AG, BAE Systems plc

Tesla Plans Long-haul Electric Planes

Posted by MarketsandMarkets on Jul 11, 2019 3:42:13 PM

In July 2019, Tesla CEO Elon Musk discussed the potential of electric airplanes. According to Musk, these planes could be viable in about five years.

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Topics: Aerospace and Defence, eVTOL Aircraft, Urban Air Mobility, Tesla Jet, Electric Aircraft Market, Aircraft Battery, Tesla electric airplane

Karro Food Group (UK) Acquired Young’s Seafood Limited to Explore Multi-protein Food Groups

Posted by MarketsandMarkets on Jul 11, 2019 10:45:51 AM

Karro Food Group, a subsidiary of the UK-based CapVest Partners, is a meat processor that has agreed to acquire Young’s Seafood Ltd. with the aim to create a new multi-protein food group.

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Topics: Food and Beverage, Young’s Seafood Limited, Protein Ingredients Market, multi-protein food, Karro Food Group (UK)

Arkema completes the acquisition of ArrMaz: A strategic deal in a series of bolt-in acquisition for revenue growth, higher profit margins, and future revenue shifts

Posted by MarketsandMarkets on Jul 9, 2019 10:58:14 AM

French specialty chemicals company, Arkema has completed the acquisition of ArrMaz, a global leader in specialty surfactants for crop nutrition, mining chemicals, and infrastructure.

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Topics: Chemicals, Specialty Chemicals Market, Arkema, ArrMaz

PPG Completes the Acquisition of Automotive Coatings Manufacturer, Hemmelrath

Posted by MarketsandMarkets on Jul 8, 2019 4:26:18 PM

In April 2019, PPG completed the acquisition of Hemmelrath, an automotive coatings manufacturer.

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Topics: Automotive and Transportation

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