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Rheinmetall: Major order in the three-digit million euro range - Automotive World

Rheinmetall joint venture supplies transmission housings for electric vehicles to renowned automaker

Rheinmetall, together with its Chinese joint venture KPSNC, has won a major order for transmission housings from a world-leading maker of electric vehicles. Set to run for six years, the order package encompasses millions of transmission housings.

The housings will be produced in Shanghai, where Rheinmetall and its Chinese partner HUAYU Automotive Systems Co. Ltd. (HASCO) operate the joint venture KPSNC. The total order value is in the low three-digit million euro range. Just nine months after a well-known American customer placed the order in March of this year, serial production will begin at the end of 2022. This American company also maintains a large production facility in Shanghai, China’s largest city. Consisting of an aluminium alloy and produced using the pressure casting method, the transmission housings will be installed in future in two of the automaker’s vehicle models.

The order package constitutes another major success for Rheinmetall’s electromobility strategy, part of the Group’s systematic expansion in the world of alternative drives. As a tried-and-tested technology partner of the automotive industry, Rheinmetall has for many years made valuable contributions to optimizing and perfecting the automobile, thus helping to accelerate the ongoing transformation in energy use.

Once again, the order underscores the major market potential for electromobility components, while simultaneously highlighting Rheinmetall’s capacity for developing forward-looking solutions in close cooperation with customers.

Rheinmetall is represented in this project by a joint venture with HUAYU Automotive Systems Co. Ltd. (HASCO), the automotive components division of Chinese carmaker SAIC. Rheinmetall has two closely cooperating joint ventures: in Europe, KS HUAYU AluTech GmbH, and in China, HASCO KSPG Nonferrous Components (Shanghai) Co., Ltd. (KPSNC). In both cases, Rheinmetall and its JV partner HASCO each hold 50 percent of the shares.

Rheinmetall’s Castings business unit, which has production facilities in Germany and China, is a leading producer of lightweight aluminium parts. Its product portfolio includes engine blocks, cylinder heads, structural elements, transmission and chassis parts as well as e-mobility components.

SOURCE: Rheinmetall

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Hyundai Mobis introduced a vertically swiveling display for integrated automotive cockpit system - PR Newswire APAC - PR Newswire Asia

Developed a vertically swiveling 34" ultra large cockpit display. A large single screen displaying driving info and controlling infotainment functions… Visibility enhanced with triple curved surface technology. New convergence technology combining core component technology knowhow with cutting-edge technology... Ten applied patents at home and abroad.

SEOUL, South Korea, May 23, 2022 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) has developed the world's first adjustable display technology for integrated automotive cockpit system, as announced on 22. Optimized for autonomous vehicles, this new technology has adopted a new concept of an ultra large, curved screen that is movable. It is also referred to as a swivel display because the screen can be moved both up and down.

This adjustable display features a 34" ultra large screen and is equipped with ultra-high resolution 6K OLED panels. At present, a 34" automotive display is recognized as the largest among automotive screens as they face challenging quality conditions, such as durability and reliability. In particular, the company designed this super-sized display as a multi-curved screen that bends at three points from top to bottom. This structure not only provides better visibility for the user but it also adds to the overall aesthetic effect in terms of design.

Stretching from the driver seat to the passenger seat, it is capable of displaying a variety of content, including various driving and navigation information as well as music and videos, so you can enjoy personalized content on the full screen in an autonomous driving environment. You can also swivel the display toward the driver's seat and use a small screen that shows only minimum information to enjoy the sense of openness.

Despite its ultra size, this display features just a single screen, meaning that you can watch a video, for example, on a full screen when the vehicle is engaged in autonomous driving. You can also control the content in several ways, including screen touch and gestures.

In the process of developing this new technology, Hyundai Mobis has filed ten patent applications both at home and abroad. It was not easy to develop a moving display that is supposed to be used in a running car. The company has applied for patents, for example, for swivel display arrangement technology, position control, and integrated cockpit design.

The technical knowhow the company has built up as a major producer of cockpit modules, one of the three key automotive modules, has enabled Hyundai Mobis to develop this swivel display technology.

About Hyundai MOBIS

Hyundai Mobis is the global no.7 global automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company's products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting and automotive electronics. Hyundai Mobis operates R&D headquarter in Korea, with 4 technology centers in Germany, China, India and the United States.

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Nexperia and Kyocera to develop GaN automotive power modules -







Tower record 1Q22 revenues of $421 Million, a 21% YoY Tower Semiconductor reported first quarter 2022 revenue of USD 421 million, an increase of 21% compared to USD 347 million in the first quarter of 2021.

Gallium Semiconductor opens its Nijmegen R&D center Gallium Semiconductor has officially held the grand opening of its European R&D center in a ceremony in Nijmegen, the Netherlands.

Ferrotec to add manufacturing capacity with new plant in Malaysia Ferrotec, a global supplier of materials, components, and precision system solutions, is establishing a new manufacturing facility at Kulim Hi-Tech Park, Kedah, facilitated by the Malaysian Investment Development Authority (MIDA).

Skeleton targets the Polish market – teams up with ZPUE Supercapacitor specialist, Skeleton Technologies, and ZPUE, a Polish manufacturer of electrical devices for electrical power distribution utilities, have entered into a commercial agreement to provide energy storage solutions to the Polish market.

Texas Instruments breaks ground $30 billion investment The semiconductor manufacturer has broken ground on its new 300mm semiconductor wafer fabrication plants in Sherman, Texas – an investment set to create as many as create as many as 3,000 jobs.

ERP partners with Flip to fulfill EOL and Obsolete component solutions Flip Electronics has signed a franchised distributor partnership agreement with ERP Power (ERP) to distribute its End-of Life (EOL) semiconductor products.

Foxconn and DNeX build and operate wafer fab in Malaysia Dagang NeXchange Berhad (DNeX) and Foxconn subsidiary Big Innovation Holdings (BIH), plan to set up a joint venture company to build and operate a new 300mm wafer fab in Malaysia.

Imec and semiconductor partners target greener chip manufacturing Nanoelectronics research and innovation center, imec, says that it has managed to pool together stakeholders from the semiconductor value chain – from companies such as Apple and Microsoft, to suppliers, including ASM, Kurita, SCREEN and Tokyo Electron – to participate in its Sustainable Semiconductor Technologies and Systems (SSTS) research program.

SiPearl reaches milestone – 100 employees The European chip designer has exceeded 100 employees across its six sites in France (Maisons-Laffitte, Grenoble, Massy, Sophia Antipolis), Germany (Duisburg) and Spain (Barcelona).

Renesas to convert closed factory to 300mm wafer fab Renesas plans to conduct a JPY 90 billion (EUR 664 million) investment in its Kofu factory, located in Kai City, Yamanashi Prefecture, Japan. The company closed the factory back in October 2014, but now intends to reopen the fab in 2024 as a 300mm wafer fab.

Arrow names Jörg Strughold as president EMEA components Arrow Electronics announces that Jörg Strughold will take over as president of its components business in EMEA. He succeeds Martin Bielesch who has decided to leave the company.

€14 billion to attract semiconductor players to Germany EUR 14 billion in state support is the German governments new strategy to attract more chipmakers to the country.

10 different companies have expressed interest in Toshiba Back in April 2022, Toshiba Corporation announced that it had resolved to solicit proposals on strategic alternatives from potential investors and sponsors. The Japanese company is seeking to enhance its corporate value and has since the announcement been holding discussions with the potential partners.

TDK expands with new MLCC production site in Japan Japanese TDK Corporation says that it will construct a new production building on the premises of the Kitakami Factory – located in Kitakami city, Iwate prefecture, Japan – in order to to enhance the company's MLCC production.

Avnet breaks ground on German expansion In order to better serve its customers’ local and global needs, Avnet is expanding in two locations in Germany. Avnet Embedded broke ground on a new manufacturing site in Eschbach and Avnet EMEA plans to build its third European logistics centre in Bernburg.

Viettel & Qualcomm team up on 5G infrastructure development Viettel Group and Qualcomm Technologies plans to collaborate and develop a next-generation 5G Radio Unit (RU) with massive MIMO capabilities and distributed units (DUs). This focuses on helping to expedite the development and roll-out of 5G network infrastructure and services in Vietnam and globally.

Applied Materials opens Montana expansion – create 200 new jobs The company has opened its latest expansion in Montana, a new semiconductor manufacturing center set to create 200 jobs in the Flathead Valley.

How to easily select the right frequency generation component Question: What is the right frequency generation component for my application?

Bell Semiconductor is suing companies left and right In late April, Bell Semiconductor, a Pennsylvania-based technology and intellectual property licensing company, filed lawsuits against Micron, Infineon, Nvidia and seven other companies alleging infringement of one of its patents.

Can pre-owned equipment be the way out of the shortage? The global semiconductor supply chain remains under immense pressure. However, major investments are being made to increase capacity and fortify the supply chain for the future – but we wont feel the effect of these investments for years. Adding to the issue, there is not enough chips for the chipmaking machines.

CN Rood takes over ABtronix Test and measurement equipment supplier, CN Rood, expands its position in both Scandinavia and the Belelux via the acquisition of ABtronix, professional T&M equipment.

STMicro supplies SiC tech to Semikron for EV power modules STMicroelectronics has revealed it is supplying SiC technology for the eMPack electric-vehicle power modules from Semikron.

Henkel opens new application center in Silicon Valley Henkel is opening its Application Center in Santa Clara, California designed to support product development for the company's high-tech customers in the Silicon Valley region. The application center will help expedite proof-of-concept initiatives for electronics advances.

OSI receives $4 million in orders for electronic components

Finnish silicon wafer manufacturer invest €400M in new fab An investment of EUR 400 million will result in the creation of 500 new jobs as silicon wafer manufacturer Okmetic plans to build a new production facility next to its current silicon wafer fab in Vantaa, Finland.

Continued strong demand for Infineon amid global uncertainties The German semiconductor power house continues to perform well, reporting a 22% revenue increase for the second quarter of 2022.

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April 25 2022 2:34 pm V20.5.16-1

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How can driving dynamics keep up with the autonomous, electric revolution? - Automotive World

Simulation allows engineers to see how motion control capabilities will behave in increasingly complex vehicle architectures. By Christophe Bianchi

Many of the greatest innovations and advancements in the automotive sector in the 21st century have been about improving performance and motion control in a vast range of vehicle models. The automotive industry has been focused on developing innovative electric and autonomous designs for years but there is certainly a heightened sense of urgency today. Meeting ambitious climate and safety targets means automotive development teams need to overcome some difficult engineering challenges, including more cost-effective battery designs, more efficient powertrains, and more robust electronics architecture.

But how can the dynamics of complex structural vehicles continue to evolve to keep up with an industry undergoing tremendous change? To move this exciting industry forwards, a mix of real-world testing and simulation is required to meet consumer demand.

Autonomous vehicles: the race towards a limitless potential

The development of autonomous vehicles is gathering pace. In the UK alone, self-driving vehicles are set to be worth nearly £42n (US$52bn) by 2035.

The task of motion planning and control of an autonomous vehicle is complex and challenging. Autonomous driving systems rely upon sensors and embedded software for localisation, perception, motion planning, and execution. Hands-off autonomous driving systems are mostly built and designed with algorithms that can be trained to make safe journeys. For motion planning in autonomous vehicles, there is global planning, which is the route planning from source to destination alongside local path planning. A combination of machine learning and deep learning is being used to by today’s top automotive engineers to implement a fully automated control loop. Essentially, the loop is comprised of motion planning (what behaviour the vehicle is planning), perception (what the vehicle observes), and motion execution (how the vehicle will complete the plan). This control loop is executed in a cyclic fashion so the vehicle can respond to constant environmental changes.

How can the dynamics of complex structural vehicles continue to evolve to keep up with an industry undergoing tremendous change?

This is defined by control logic, which is generated and coded to safety and security standards. This code is verified by engineers breaking down the overall vehicle architecture to guarantee safety for each of the components. To verify the safety of these complex algorithms used for perception, motion planning, and execution, simulation is used by engineers to arrange objects and events to simulate difficult cases that challenge both autonomous driving systems as well as human drivers. For example, graffiti on road signs can alter the reading of the system, often challenging perception. Simulation can test different variables and variations in deep learning models and scenarios with extensive content libraries that enable the creation of unlimited driving scenarios of virtual roads. Training these advanced driving systems algorithms requires extremely large sets of data that must be accurate and ‘true to physics’, and is generated by simulation leveraging access to immense resources from cloud computing.

Progressing from Level 3, to Level 4 and Level 5 autonomous driving will rely on the ability of the car to communicate with other vehicles and the infrastructure. It must be able to constantly do this with very low latency and with cyber security. The only way to achieve this is to simulate and validate through Digital Mission Engineering, an approach where the complete mission of vehicle within its complex environment is fully modelled with ‘true to physics’ accuracy on a very large set of scenario and edge cases.

The future of electrification

Worldwide sales of EVs are increasing rapidly, growing by 46% in 2020 and by 160% in the first half of 2021. Strategy Analytics predicts that 40% of all cars sold across the globe in 2027 will be electrified, rising to over 95% by 2050. EVs have the potential to impact energy, climate, and transport. This rapid change is coupled with increased demand for centralised networking architectures to power advanced control systems for vehicle dynamics and car motion. Electrification introduces significant engineering challenges that mix a large set of physics: behaviour, safety, and performance of EV batteries which combines electrochemical, thermal, electrical, electromagnetic, mechanical, and fluid (air or liquid cooling) physics that all interact with each other.

Ansys simulationSimulation gives engineers the power to see how motion control capabilities will behave

The recent emergence and fast-growing popularity of these vehicles requires performance control and consideration of the electric motor. In the production of EVs, key performance metrics include body design, energy system and optimising all components at a system level. For example, the motor drive system which consists of the motor, power converter, and control, is an essential aspect for engineers and designers as it has a significant impact on the performance of the vehicle. Due to EVs being a research priority in the industry, there have been advancements in machine learning, computer technologies and motor drive control engineering. Flexible and scalable software solutions will enable the next generation of leaner, greener cars to meet market demand.

Simulation as a superpower

Multi-physics simulation gives companies the ability to predict, analyse and explore how vehicles will work—or won’t work—in real world scenarios. Based on the fundamental principles of modelling, physics, mathematics and computer science, simulation gives engineers the power to see how motion control capabilities will behave. Perhaps even better, it reduces or even eliminates the need for costly physical testing.

For motion control improvements, simulation software allows designers and engineers to tap into millions of different test scenarios to run advance testing, within seconds. In the sphere of autonomous and electric vehicles there is an increasing focus to make design more efficient, powerful, and reliable, all whilst reducing overall vehicle weight and size. Sophisticated and complex engineering trade-offs therefore must be analysed—and at early design stages before development costs have been invested. If fully autonomous vehicles are to become a reality anytime soon, engineers need to take advantage of physics-based simulations and virtual reality simulations for autonomous vehicle testing.

We all want reliable, safe, innovative, and comfortable vehicles to perform our day-to-day activities, and many of us want the latest models in the autonomous and electric industry. Electronic vehicle control is skyrocketing in popularity, especially with the allure of self-driving vehicles and advanced driver assistance systems in EVs, and simulation will remain an essential tool in the push for future mobility.

About the author: Christophe Bianchi is Director of Business Strategy at Ansys

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O'Reilly Automotive, Inc. (NASDAQ:ORLY) Expected to Post Quarterly Sales of $3.71 Billion - Defense World

Equities analysts predict that O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Rating) will post sales of $3.71 billion for the current quarter, according to Zacks Investment Research. Eight analysts have issued estimates for O’Reilly Automotive’s earnings, with the highest sales estimate coming in at $3.79 billion and the lowest estimate coming in at $3.64 billion. O’Reilly Automotive reported sales of $3.47 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 6.9%. The business is scheduled to issue its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that O’Reilly Automotive will report full year sales of $14.30 billion for the current financial year, with estimates ranging from $14.20 billion to $14.41 billion. For the next fiscal year, analysts anticipate that the company will report sales of $15.03 billion, with estimates ranging from $14.79 billion to $15.25 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow O’Reilly Automotive.

O’Reilly Automotive (NASDAQ:ORLYGet Rating) last released its quarterly earnings data on Wednesday, April 27th. The specialty retailer reported $7.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.43 by ($0.26). O’Reilly Automotive had a net margin of 15.85% and a negative return on equity of 2,699.29%. The business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period in the previous year, the business earned $7.06 earnings per share.

A number of research firms recently commented on ORLY. Wedbush increased their price target on O’Reilly Automotive from $650.00 to $660.00 and gave the company a “neutral” rating in a research report on Thursday, February 10th. Bank of America upgraded O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $730.00 price objective for the company in a research note on Tuesday, May 10th. Jefferies Financial Group upped their price objective on O’Reilly Automotive from $740.00 to $765.00 and gave the company a “buy” rating in a research note on Friday, February 11th. Wells Fargo & Company upped their price objective on O’Reilly Automotive from $780.00 to $800.00 and gave the company an “overweight” rating in a research note on Tuesday, April 19th. Finally,StockNews.combegan coverage on O’Reilly Automotive in a research note on Thursday, March 31st. They issued a “buy” rating for the company. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from, the company currently has a consensus rating of “Buy” and a consensus price target of $718.25.

Shares of ORLY opened at $572.57 on Monday. O’Reilly Automotive has a 52-week low of $519.32 and a 52-week high of $748.68. The business’s fifty day moving average is $674.41 and its 200-day moving average is $667.45. The firm has a market cap of $37.63 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 1.46 and a beta of 1.04.

In related news, SVP Richard Darin Venosdel sold 4,754 shares of the firm’s stock in a transaction that occurred on Thursday, April 7th. The stock was sold at an average price of $725.00, for a total transaction of $3,446,650.00. Following the transaction, the senior vice president now directly owns 4,200 shares in the company, valued at approximately $3,045,000. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Jeffrey Alan Lauro acquired 80 shares of the business’s stock in a transaction dated Wednesday, February 23rd. The stock was acquired at an average price of $630.00 per share, for a total transaction of $50,400.00. The disclosure for this purchase can be found here. Company insiders own 1.73% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Resources Management Corp CT ADV raised its position in shares of O’Reilly Automotive by 0.3% during the 3rd quarter. Resources Management Corp CT ADV now owns 6,312 shares of the specialty retailer’s stock valued at $3,857,000 after buying an additional 16 shares during the period. Clarius Group LLC grew its stake in shares of O’Reilly Automotive by 1.8% during the fourth quarter. Clarius Group LLC now owns 969 shares of the specialty retailer’s stock worth $684,000 after purchasing an additional 17 shares in the last quarter. Red Door Wealth Management LLC grew its stake in shares of O’Reilly Automotive by 2.7% during the first quarter. Red Door Wealth Management LLC now owns 646 shares of the specialty retailer’s stock worth $442,000 after purchasing an additional 17 shares in the last quarter. Plancorp LLC grew its stake in shares of O’Reilly Automotive by 1.5% during the first quarter. Plancorp LLC now owns 1,119 shares of the specialty retailer’s stock worth $766,000 after purchasing an additional 17 shares in the last quarter. Finally, Corbett Road Capital Management LLC grew its stake in shares of O’Reilly Automotive by 3.0% during the fourth quarter. Corbett Road Capital Management LLC now owns 628 shares of the specialty retailer’s stock worth $444,000 after purchasing an additional 18 shares in the last quarter. Institutional investors own 82.76% of the company’s stock.

O’Reilly Automotive Company Profile (Get Rating)

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.

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