Gear Industry News April 18, 2023
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AGMA Updates
What Bearing and Gear Manufacturers Need to Know About the Inflation Reduction Act’s Support for the Electric Vehicle Supply Chain
April 19, 1:00pm–2:00pm—Emerging Technology Webinar
Passed in 2022, the Inflation Reduction Act provides a range of subsidies designed to promote development of the US electric vehicle supply chain. The implementation of the Act has not been without controversy, and many of the key provisions that manufacturers need to be aware of are only now coming into effect. In this program, a group of tax, trade, and policy experts will pull back the curtain on this legislation and explain the key provisions and opportunities that are starting to reshape the competitive landscape for bearing and gear manufacturers.Register Today
Advertising & Finding the Best ROI
April 26, 1:00pm–2:00pm—AGMA Media Webinar
AGMA Media will go over the importance of spending a little money to make some and why a good advertising plan can bring immediate ROI. They will teach you why using trade publications, newsletters, curated webinars and many other advertising channels are so important to get your brand name in front of your customer. Join us to get the inside information on how to start using all your resources today.Register Today
Gear Manufacturing and Inspection
May 2–4—Marriott Cincinnati North, Cincinnati
While function and rating are important factors in a successful gear design, to be truly optimal and successful, the gear designer must also design the gears to be manufactured and inspected. In this course, therefore, we will address key factors in a wide variety of manufacturing and inspection processes to enable the gear designer to better design optimal gears considering both rating and the necessary manufacturing and inspection processes to produce the gears as designed.Register Today
Fundamentals of Gear Design and Analysis
June 6–8—Hilton Rosemont, Rosemont, IL
Gain a solid and fundamental understanding of gear geometry, types and arrangements, and basic design principles. Starting with the basic definitions of gears, conjugate motion, and the Laws of Gearing, learn the tools needed to understand the inter-relation and coordinated motion operating within gear pairs and multi-gear trains. Basic gear system design process, gear measurement and inspection techniques will also be explained.Register Today
Gearbox Systems Design
June 20–22—Sheraton Sand Key Resort, Clearwater Beach, FL
This course focuses on the supporting elements of a gearbox that allow gears and bearings to do their jobs most efficiently. Learn about seals, lubrication, lubricants, housings, breathers, and other details that go into designing gearbox systems. This course is intended for gear design engineers; management involved with the design and manufacture of gearing-type components; metallurgists and materials engineers; laboratory technicians; quality assurance technicians; furnace design engineers; and equipment suppliers.Register Today
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Industry News
Another Record Broken: Q1 Electric Vehicle Sales Surpass 250,000, as EV Market Share in the U.S. Jumps to 7.2% of Total Sales
Cox Automotive
For more than a year now, the Industry Insights team at Cox Automotive has been expecting monthly new-vehicle sales to improve. In most of 2022, monthly sales volume was consistently stuck at around 1.1 million units as low new-vehicle inventory levels squeezed sales. Inventory has improved notably, and new-vehicle sales are increasing. Inventory volume in Q1 was up by 70% compared to the same timeframe last year. And what do we know about higher inventory? It often leads to higher sales.Read More
Weiler Abrasives Introduces Key User Program
Gear Technology
Weiler Abrasives, a leading provider of abrasives, power brushes and maintenance products for surface conditioning, has expanded the focus of its end-user support programs, broadening its workforce to help end users better meet their surface finishing challenges.Read More
Ford to Invest $1.3B to Turn Canadian Plant into EV Production Hub
Inside EVs
Ford has announced a $1.3 billion (1.8 billion Canadian dollars) investment into the Oakville Assembly Complex in Ontario to transform it into a Canadian hub of electric vehicle manufacturing. The plant will build electric vehicles and assemble battery packs in a new campus that will be renamed Oakville Electric Vehicle Complex. Ford says it will repurpose existing buildings into a state-of-the-art facility that will leverage Oakville's experienced workforce.Read More
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VW Announces New Kassel-Made EV drivetrain
Just Auto
Volkswagen will introduce an improved EV drivetrain, built in the group’s components plant in Kassel, Germany in the fourth quarter of 2023. The new drive has an energy-saving cooling system that operates without an electrically driven oil pump and is instead able to independently cool itself via the gear wheels in the gearbox and specially formed components for oil supply and distribution.Read More
Höganäs Receives SBTi-Approval
Power Transmission Engineering
SBTi (Science Based Targets initiative) has approved Höganäs AB’s near and long-term science-based emissions reduction targets and has verified its net-zero science-based targets. The initiative promotes best practice in science-based target setting and will validate Höganäs’ progress towards its carbon neutral targets on a yearly basis.Read More
GF Divisions Announce the Grand Opening of Mexico Facility
Gear Technology
GF Machining Solutions (GFMS) and GF Piping Systems (GFPS) broke ground on the Apodaca, Mexico, joint headquarters late in 2019. Construction on the 75,000 square-foot facility is now complete, and company leaders are hosting a grand opening celebration.Read More
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Ford in $4.5 Billion Deal for EV Battery Materials Plant
mining.com
US carmaker Ford has joined PT Vale Indonesia and China’s Zhejiang Huayou Cobalt’s as their new partner in a $4.5 billion nickel processing plant in Indonesia, the companies said on Thursday. The investment is Ford’s first in the Southeast Asian country and underscores growing appetite among automakers for raw materials used in producing electric vehicle (EV) batteries, which account for about 40% of a vehicle’s sticker price, aiming to cut costs and close the gap on EV market leader Tesla.Read More
ABB Invests $170 Million in the United States
Power Transmission Engineering
ABB is accelerating its growth strategy in the United States by investing approximately $170 million and creating highly skilled jobs in manufacturing, innovation and distribution operations. ABB is committed to growing in the US by investing in its electrification and automation businesses that meet increased demand from industry-leading customers, while supporting the clean energy transition and the trend towards reshoring of production.Read More
China’s Car Buyers Have Fallen Out of Love With Foreign Brands
The New York Times
Domestic companies are now selling more vehicles than their multinational rivals, which have failed to keep up with Chinese consumers’ demand for electric cars and S.U.V.s.Register Today
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Ford, Hyundai, GM, VW Try to Build Their Way to EV Supremacy
Autoweek
Going forward, the battle between manufacturers for EV supremacy will ride at the heels of Tesla, as it continues to dominate the class by a wide margin. However, as Tesla vehicles continue to age, there is room for domestic and foreign manufacturers to take the number two spot for North American EV sales. The quality of these EVs will matter, but only as much as the production capacity and company-wide support for these vehicles. And brands like Ford, GM, and Hyundai are arguably ahead of the curve, so it very well could pay off.Read More