Altair has announced the winners of the 8th Annual Altair Enlighten Awards. Presented jointly with the Center for Automotive Research, the competition acknowledges the world’s best initiatives to reduce vehicle weight and meet emissions targets, inspiring breakthrough advancements that push the industry towards a more sustainable future.
The second quarter turned out to be a bad one for the automotive industry: The overall profit of the 16 largest automobile groups fell by 18 %. Only four of these 16 OEMs were able to increase their sales compared to the previous year.
China is the largest e-car market in the world in terms of unit numbers. However, it’s a much smaller country that leads in terms of market share. Germany is in the mid-table of the major markets but is catching up.