As we all now know, Boris Johnson became the United Kingdom’s new Prime Minister on 24 July. The first thing he did was replace almost the entire cabinet, with a reshuffle of unprecedented proportions. Next, he gave his maiden speech on the steps of 10 Downing Street, with an address that sought to build a platform for economic and political optimism against the recent backdrop of Brexit stagnation. Not only will we leave the EU by 31 October, we are going to do it in style, he effectively said. In doing so, Boris – as he is affectionately known – revealed as much about the changing nature of the automotive manufacturing industry and its suppliers as he did about British politics.
Under a technology transfer agreement signed with Pakistan-based battery manufacturer Century Engineering Industries, South Korean tyre maker Kumho Tire will provide technological and manufacturing know-how as Century establishes its own tyre production plant. The agreement signed in Seoul today covers the ten-year period to September 2028; Century Engineering will initially pay Kumho Tire US$5 million and 2.5 per cent of turnover for the assistance provided, with the contract scheduled for review after five years.
A new beginning, and also an end: 6 July, the date on which Doublestar Tire’s acquisition of a 45 per cent share in Kumho Tire was officially completed, was also the day a full stop was placed behind more than four years of technological cooperation between Yokohama Rubber and Kumho Tire. In a statement issued today, Yokohama Rubber informs that it terminated these tie-ups according to their terms and condition following the change in Kumho Tire’s controlling shareholder.
As a respected original equipment (OE) manufacturer and systems supplier, Hella is already at the forefront of automotive technology with its involvement in areas such as ADAS (advance driver assistance systems) and LED lighting solutions. However, the company is now looking further into the future to redefine the limits of present and future camera evolution.
The level of race to road technology transfer in Formula 1 is insufficient to pique Michelin’s interest in returning to the series as tyre supplier. This is the comment from Pascal Couasnon despite the tyre maker’s renewed interest several years ago.
Zenises has appointed Jag Ram, the former acting pillar CTO of Ping An Bank, to its Technology Advisory Board. He will support the development of the new Technology Centre developed by Zenises in Madrid.
Continuing the theme of technological development, Linglong Tire – a top five Chinese tyre enterprise – exhibited a number of technological developments including its: a dandelion natural rubber-based tyre, a tyre featuring a graphene compound and a polyurethane tyre manufactured with 3D printing techniques.
The Valeo Innovation Challenge’s fourth year has set a new record for participation. Nearly 5,000 students from around the world have signed up. In all, 1,628 teams (21 per cent more than the previous edition) from 80 countries and 748 universities have submitted their application in one of the two available categories. Some of the world’s most prestigious universities are represented, including MIT, Berkeley, HEC, Supelec Tokyo University, British Columbia.
Trelleborg has announced the global launch of the Variable Inflation Pressure system (VIP) at SIMA 2017 in Paris, France. The VIP system is a smart and autonomous complete wheel capable of self-adjusting the pressure of a combine harvester’s tyre during operation according to its precise load, optimising the tyre’s footprint in order to reduce soil compaction.
Nokian Tyres’ investment in Sigmavision and the installation of its SnapSkan tool via tyre and car service chain Vianor is targeting “improved safety” for “millions of drivers”, the Finnish tyre manufacturer states. The free and fast technology measures the depth of tyre treads on the go and informs the driver of the results, serving motorists on their everyday routes, in locations such as car parks.
While welcoming chancellor of the exchequer Phillip Hammond’s transport announcements in the 2016 Autumn Statement, KPMG analysts have criticised the focus on increasing capacity, rather than “making more from the capacity” the UK has already.
Yokohama Rubber has announced its development of a simulation technology for multi-objective design exploration of rubber materials. The new technology is said to have been developed to “support innovative thinking about rubber material design.” Yokohama Rubber states an aim of using such innovative thinking to “create tyres that meet the highest standards in areas that normally are at odds with each other, such as low fuel consumption and safety or ultralight weight and high rigidity.”