Embraco reinvesting to meet green demand - Business - catchsomeair.us
Jan 21, A Chevrolet Bolt EV electric vehicle is displayed at the North American and focus of this year's annual meeting of the World Economic Forum. of dollars in wasted fuel and productivity, and the problem is growing rapidly. Jul 2, The giant and rapidly growing market is another reason for Embraco's China represents one-quarter of Embraco's global production capacity. Jan 7, 7, , PM Furthermore, since the Global Financial Crisis, investors have sought The Emerging Markets Bubble is a derivative of the bubbles in China .. This two-faced truck is made from two Chevy Silverados — here's Meet the year-old who's the youngest female broker in the New.
The next revolution in the auto industry | World Economic Forum
It's going to be the number one growing market we have," Campos said. Embraco runs two plants in China. The Beijing plant produces compressors while the one in QingdaoShangdong province, churns out electronics products. About 15 to 30 percent of manufactured parts are exported from China to Japan, as well as Italy and Germany, even though a Slovakia operation is in place to serve Eu rope. For instance, it just rolled out in China the VES compressor, a cutting-edge high-efficiency compressor based on Embraco's Fullmotion Technology.
Under the variable speed concept, the coo ling capacity adjusts itself according to the needs of the refrigeration system.
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Only 5 percent of the refrigerators in China now use the variable speed technology, whereas in Japan the figure is about 80 percent. Therefore, Campos said, one part of Embraco's expansion plan in China is to double the production capacity of VES units in the year to come. He expects the product to penetrate the market really fast. China's white-goods market, which generally comprises refrigerators, washing machines and air conditioners, probably reached 1.
After explosive growth in the past decade, the market will tend to become stable while demand for high-efficiency and energy-saving home appliances will go up in the long term, she said. The going-green desire will drive companies to iron out energy saving issues and push up demand for high-quality key components such as compressors and frequency conversion technologies, she said.
Campos echoed those views. He mentioned the pick-up of multi-door refrigerators with bigger internal spaces, and he added that Chinese customers are the major driving forces for technology upgrades. Telecommunications progressed from telegraph to telephone, from copper wires to fiber-optics, from analog to digital, from wireless to satellite. Photography changed from daguerreotypes to glass plates to film to digital, as well as from black and white to color.
This pattern holds true in virtually every field, and each pulse opens the door to new innovations that revolutionize industries and, sometimes, society itself. Today, we are at the start of just such a revolution in the auto industry. In the auto industry, the revolution is being driven by the convergence of connectivity, electrification and changing customer needs. It is allowing automakers like GM to develop dramatically cleaner, safer, smarter and more energy-efficient vehicles for customers in every market around the world.
Your petrol-fueled car will become a thing of the past We are moving from an industry that, for years, has relied on vehicles that are stand-alone, mechanically controlled and petroleum-fueled to ones that will soon be interconnected, electronically controlled and fueled by a range of energy sources.
I believe the auto industry will change more in the next five to 10 years than it has in the last 50, and this gives us the opportunity to make cars more capable, more sustainable and more exciting than ever before. The electrification of the automobile is being enabled in part by breakthrough battery technologies that are helping us develop cars like the new Chevrolet Malibu Hybrid, which gets a combined city-highway fuel economy of 47 miles-per-gallon; the second-generation Chevrolet Volt, which offers a pure EV range of 53 miles and a gasoline equivalent of MPG; and the recently introduced Chevrolet Bolt EV, a pure electric vehicle that gets more than miles per charge.
Electrification is also at the root of many advances in vehicle safety. Since being introduced inOnStar has responded to more than 1 billion customer requests, from automatic crash response and stolen-vehicle recovery, to remote door unlock, vehicle diagnostics and more. By the end of this year, GM will have 12 million OnStar-connected vehicles on four continents.
This allows cars to act as Wi-Fi hotspots that can connect up to seven devices at a time. They are, literally, their own rolling mobile devices.
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We have already put more than 2 million 4G-equipped vehicles on the road in Europe, Asia and North America. Bywe expect more than 75 percent of our global volume to be actively connected. Connectivity gets more exciting when vehicles are connected with other vehicles and even the highways they travel. V2V, or vehicle-to-vehicle communication, allows cars to communicate with each other over a dedicated Wi-Fi band and share information about vehicle speed, direction of travel, traffic flow, and road and weather conditions.