BOSTON — Artificial intelligence, advanced automation and rising tariff pressure are beginning to reshape where automotive and aerospace manufacturers choose to build products, potentially reducing some of the long-standing cost advantages of lower-wage production regions, according to a new report from Boston Consulting Group.
Volvo Cars has begun production of its new, fully electric EX60 SUV at its assembly plant in Torslanda, Sweden. The plant has been heavily upgraded in recent years in preparation for production of the EX60 and other EVs.
Despite tariffs, EV disruption and supply chain pressure, supplier relationships improved across all six major North American OEMs for the first time in 26 years. Dr. Angela Johnson explains what changed — and why communication and trust are becoming critical competitive advantages.
ITZEHOE, Germany—Engineers at the Fraunhofer Institute for Silicon Technology recently developed a system that enables close collaboration between humans and robots.