WEST SACRAMENTO, Calif. & DEARBORN, Mich.–(BUSINESS WIRE)–Origin Materials (“Origin Materials” or “Origin”), the world’s leading carbon negative materials company, today announced the launch of its Net Zero Automotive Program with Ford Motor Company (NYSE: F).
Origin’s Net Zero Automotive Program is a sustainable automotive supply chain initiative focused on industrializing new materials to drive decarbonization in the automotive industry. Origin believes the newly developed and industrialized materials, derived from sustainable wood residues, will be in high demand from the automotive industry as it undertakes a massive global effort to decarbonize its supply chains in search of the “zero carbon” car.1 The program will aim to provide the automotive industry with drop-in ready materials solutions to enable this transition.
To launch the program, Origin Materials and Ford will pursue drop-in applications for carbon negative PET plastic (polyethylene terephthalate) produced from sustainable wood residues with Origin technology. PET plastic helps make cars lighter, more fuel efficient, and often comprise a large percentage of a vehicle’s mass. The use of carbon-negative PET is expected to further reduce emissions and the need for fossil resources. In addition, the companies will collaborate to develop sustainable pigments and fillers for automotive applications for SUVs, trucks, electric vehicles, and more. The products will be developed using carbon negative materials produced with the Origin Materials technology platform, with applications throughout the interior and exterior of the vehicle, including bumpers, paint pigment, door panels, tire filler, underbonnet foam sheet, black plastic, head rests, seat cushions, and arm rests.
“Origin’s Net Zero Automotive Program is an exciting initiative that we expect to drive innovation, sustainability and decarbonization throughout the automotive supply chain,” said Rich Riley, Co-Chief Executive Officer of Origin Materials. “Ford is the perfect partner to launch the program with and we look forward to working with their teams to bring new sustainable products to market that will play a key role in helping them achieve their decarbonization and sustainability goals.”
“Ford’s path to carbon neutrality evaluates every part of our operations, including the emissions associated with synthesizing the vast amount of materials we use within our vehicles,” said Debbie Mielewski, Technical Fellow at the Ford Motor Company. “The ability to utilize carbon negative materials will be a monumental driver in helping achieve our sustainability goals and supports a more proactive vision for the entire industry.”
Origin Materials’ patented technology platform, which turns inexpensive, plentiful, and sustainable wood residues into carbon-negative materials, can help to revolutionize the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting, toys, and more with a ~$1 trillion addressable market.
In addition, Origin Materials’ technology platform is expected to provide stable pricing largely decoupled from the petroleum supply chain, which is exposed to more volatility than supply chains based on sustainable wood residues.
About Origin Materials
Headquartered in West Sacramento, Origin Materials is the world’s leading carbon negative materials company. Origin Materials’ mission is to enable the world’s transition to sustainable materials.
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In 2009, approximately 30,000 lives were lost on our Nation’s highways Although 30,000 reflect a 28% decrease in traffic fatalities since 2006, much can still be done to address this issue on our Nation’s highways Traffic crashes are the primary cause of debilitating injuries in the United States and the number one killer of Americans under the age of 34 In addition to staggering emotional costs, the annual economic loss to society because of these crashes, in terms of worker productivity, medical costs, insurance costs, etc , is estimated at more than $230 billion Clearly, there is a need for dramatic improvement in motor vehicle safety Getting unsafe vehicles off the road is integral to improving safety and saving lives.
The National Traffic and Motor Vehicle Safety Act (originally enacted in 1966 and now recodified as 49 U.S.C. Chapter 301) gives the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) the authority to issue vehicle safety standards and to require manufacturers to recall vehicles that have safety-related defects or do not meet Federal safety standards. Since then, more than 390 million cars, trucks, buses, recreational vehicles, motorcycles, and mopeds, as well as 46 million tires, 66 million pieces of motor vehicle equipment, and 42 million child safety seats have been recalled to correct safety defects.
Manufacturers voluntarily initiate many of these recalls, while others are either influenced by NHTSA investigations or ordered by NHTSA via the courts. If a safety defect is discovered, the manufacturer must notify NHTSA, as well as vehicle or equipment owners, dealers, and distributors. The manufacturer is then required to remedy the problem at no charge to the owner. NHTSA is responsible for monitoring the manufacturer’s corrective action to ensure successful completion of the recall campaign.
The purpose of this Motor Vehicle Safety Defects and Recalls Booklet is to answer the most commonly asked questions about how and why recall campaigns are initiated, and to inform consumers of their rights and responsibilities when a vehicle or item of motor vehicle equipment is recalled. In these pages, you’ll discover how to report a safety-related problem to NHTSA, as well as how participation by citizens like you helps to keep motor vehicles as safe as possible. See the following section for comprehensive answers to some of the most frequently asked questions (FAQs) NHTSA receives on recalls.
Frequently Asked Questions
When is a recall necessary?
- When a motor vehicle or item of motor vehicle equipment (including tires) does not comply with a Federal Motor Vehicle Safety Standard.
- When there is a safety-related defect in the vehicle or equipment.
Federal Motor Vehicle Safety Standards set minimum performance requirements for those parts of the vehicle that most affect its safe operation (brakes, tires, lighting) or that protect drivers and passengers from death or serious injury in the event of a crash (air bags, safety belts, child restraints, energy absorbing steering columns, motorcycle helmets). These Federal Standards are applicable to all vehicles and
|Total Vehicle Sales
|Domestic Vehicle Sales
Unit sales of motor vehicles, published by the Bureau of Economic Analysis at the beginning of each month, include domestic sales and imports. Domestics are sales of autos produced in the U.S., Canada, and Mexico. Imports are U.S. sales of vehicles produced elsewhere. The data track all passenger cars and light trucks up to 14,000 pounds gross weight (including minivans and sport utility vehicles). Though totals include a relatively small portion sold to businesses, motor vehicle sales are good indicators of trends in consumer spending and often are considered a leading indicator at business cycle turning points.
Since motor vehicle sales are an important element of consumer spending, market players watch this closely to get a handle on the direction of the economy. The pattern of consumption spending is one of the foremost influences on stock and bond markets. Strong economic growth translates to healthy corporate profits and higher stock prices. The bond market focus is on whether economic growth goes overboard and leads to inflation. Ideally, the economy walks that fine line between strong growth and excessive (inflationary) growth. This balance was achieved through much of the nineties. For this reason alone, investors in the stock and bond markets enjoyed huge gains during the bull market of the 1990s.
Retail sales growth did slow down in tandem with the equity market during the 2001 recession but then, boosted by a low interest rate environment, rose sharply through 2007 before falling sharply during the Great Recession. Sales then recovered and, once again boosted by low rates, began a long period of steady and favorable growth.
In a more specific sense, auto and truck sales show market conditions for auto makers and the slew of auto-related companies. These figures can influence particular stock prices and provide insight to investment opportunities in this industry. Given that most consumers borrow money to buy cars or trucks, sales also reflect confidence in current and future economic conditions.
Source Article …
Created by FindLaw’s team of legal writers and editors
| Last updated December 04, 2018
Motor vehicle defect cases include claims involving not only passenger automobiles, but also motorcycles, trucks, and vans. Unlike an ordinary personal injury claim for negligence after a motor vehicle accident, in order to establish a vehicle manufacturer or seller’s liability for a car defect, you do not need to show that they were careless.
Claims may be based on defects in:
- The body and frame,
- Brakes and braking system,
- Cooling and temperature control system,
- Electrical system,
- Engine assembly,
- Exhaust system,
- Fuel system,
- Lubrication system,
- Passenger compartment,
- Steering and suspension systems,
- Transmission and drivetrain, and other parts and accessories.
Again, carelessness is not a requirement under the strict liability legal standard. Instead, liability in motor vehicle defect cases is controlled by the doctrine of strict liability. Regardless of what steps a manufacturer or dealer says it takes in designing, assembling, or handling a motor vehicle, you can make a strict liability claim based on a motor vehicle defect — without making any showing as to carelessness — if all three of the following conditions exist:
- The vehicle or one of its components had an “unreasonably dangerous” defect that injured you. The defect can come into existence either in the design of the vehicle, during manufacture, during handling or shipment (i.e. delivery from the manufacturer), or through a failure to warn consumers of a dangerous aspect of the vehicle.
- The defect caused an injury while the vehicle was being used in a way that it was intended to be used. For example, you may not be able to recover if a sports sedan were used to cross a stream.
- The vehicle had not been substantially changed from the condition in which it was originally sold. “Substantially” means in a way that affects how the vehicle performs.
Defenses to Defective Motor Vehicle Lawsuits
The vehicle manufacturer and/or the seller may have a defense to your strict liability claims, particularly if you have owned the vehicle for some time, if it can be shown that you knew about the defect but continued to use the vehicle anyway. This is usually established either through the vehicle’s condition (which the manufacturer’s or seller’s insurance company will be able to examine if you bring a claim) or from your own description of your use of the vehicle. In some states, a manufacturer or seller may also be able to defend against your motor vehicle defect claim under the theory that your contributory or comparative negligence was the cause of, or a factor in, your injuries.
A recent trend in vehicle product liability cases is to increase awards of punitive damages for those who successfully bring a claim against a manufacturer or seller. These punitive damages awards are above and beyond damages to compensate a plaintiff for his or her injuries, and can range into the tens of millions of dollars in certain instances. Punitive damages are
– a self-propelled wheeled vehicle that does not run on rails
airbrake – a vehicular brake that operates by compressed air; especially for heavy vehicles
bloodmobile – a motor vehicle equipped to collect blood donations
bodywork – the exterior body of a motor vehicle
brake system, brakes – a braking device consisting of a combination of interacting parts that work to slow a motor vehicle
cab – a compartment at the front of a motor vehicle or locomotive where driver sits
auto, automobile, car, motorcar, machine – a motor vehicle with four wheels; usually propelled by an internal combustion engine; “he needs a car to get to work”
car wheel – a wheel that has a tire and rim and hubcap; used to propel the car
chassis – the skeleton of a motor vehicle consisting of a steel frame supported on springs that holds the body and motor
electrical system – equipment in a motor vehicle that provides electricity to start the engine and ignite the fuel and operate the lights and windshield wiper and heater and air conditioner and radio
fuel system – equipment in a motor vehicle or aircraft that delivers fuel to the engine
go-kart – a small low motor vehicle with four wheels and an open framework; used for racing
hearse – a vehicle for carrying a coffin to a church or a cemetery; formerly drawn by horses but now usually a motor vehicle
internal-combustion engine, ICE – a heat engine in which combustion occurs inside the engine rather than in a separate furnace; heat expands a gas that either moves a piston or turns a gas turbine
power brake – a brake on an automobile that magnifies a small force applied to the brake pedal into a proportionately larger force applied to slow or stop the vehicle
second gear, second – the gear that has the second lowest forward gear ratio in the gear box of a motor vehicle; “he had to shift down into second to make the hill”
suspension system, suspension – a mechanical system of springs or shock absorbers connecting the wheels and axles to the chassis of a wheeled vehicle
roadworthiness – (of motor vehicles) the quality of being fit to drive on the open road
smash-up, smash – a serious collision (especially of motor vehicles)
Source Article …
2020 Region 1
Conference is Cancelled
The 2020 AAMVA Region 1
Conference scheduled for May 12-14, 2020 in Providence, Rhode Island, has been
cancelled due to health and safety concerns about COVID-19 (coronavirus) and
travel bans being imposed by many entities that traditionally participate in
the event. Individuals do not need to take any action to cancel event
registration and AAMVA will automatically process a refund of any paid
registration fee. Attendees will need to cancel their own hotel and travel
reservations. You can call the Hilton Providence directly at 888.225.9664. For
questions, please contact Patrice Aasmo (571.435.2861), Samara Fetner (703.254.7020)
Visit our homepage to view all event cancellations and
Alert: TSA Grants Temporary Exemption for Security Threat Assessments for
The United States
Department of Homeland Security’s Transportation Security
Administration (TSA) has granted a temporary exemption from requirements regarding the expiration of TSA security threat assessments for Hazardous
Material Endorsement (HME) holders (49 CFR 1572). For the duration of this exemption, a state may grant an extension of up to 180 days for an HME that
expired or would otherwise expire between March 1, 2020 and the end date of this exemption (currently through July 31, 2020), even if the individual was unable to initiate or complete the required security threat assessment before
the expiration date. If the state grants an extension, the individual with an expired HME must initiate the process of renewing his or her security threat
assessment for an HME no later than 60 days before the end of the stategranted
extension. Read more here.
NMVTIS Online Inquires and Batch Updates
AAMVA is very pleased to
announce California has completed their NMVTIS implementation and is now
conducting online inquiries and will continue to provide batch updates in
NMVTIS. California is now fully participating in NMVTIS. This is a significant
achievement. Congratulations, California! For more information about NMVTIS
requirements, please contact Tom Manuel, Senior Program Manager.
AAMVA is pleased to welcome the following
organizations to our Associate Membership Program. Follow the links below to
learn more about each organization:
Drivers Association (OOIDA) – https://www.ooida.com/
Click here to view consolidated information
and see how motor vehicle administrations are handling driver licensing and
vehicle registration. This document will be updated with the most current
information on our homepage.
Motor Vehicle Industry
Response on COVID-19 Pandemic
On March 11, 2020, the
World Health Organization (WHO) declared COVID-19, a novel (new)
coronavirus, to be a global pandemic. This is a rapidly-evolving
pandemic, and though early data suggested people above the age of 60
and/or with underlying medical conditions (such as diabetes, heart disease, or
lung disease) were considered to be most at risk, recent data has shown 40% of hospitalized
patients were between the ages of 20 and 54. By March 13, COVID-19 was
LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive steering motor market and it is poised to grow by USD 2.06 billion during 2019-2023, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request latest free sample report on Covid-19 Impact
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Bosch, Brose Fahrzeugteile, DENSO, Johnson Electric, MAHLE, and SKF are some of the major market participants. The use of EPS in modern vehicles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Use of EPS in modern vehicles has been instrumental in driving the growth of the market.
Automotive Steering Motor Market 2019-2023: Segmentation
Automotive Steering Motor Market is segmented as below:
Electric Power Steering
Electro-hydraulic Power Steering
To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR30491
Automotive Steering Motor Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive steering motor market report covers the following areas:
Automotive Steering Motor Market Size
Automotive Steering Motor Market Trends
Automotive Steering Motor Market Industry Analysis
This study identifies increasing penetration of steer-by-wire technology as one of the prime reasons driving the automotive steering motor market growth during the next few years.
Automotive Steering Motor Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive steering motor market, including some of the vendors such as Bosch, Brose Fahrzeugteile, DENSO, Johnson Electric, MAHLE, and SKF. Backed with competitive intelligence and benchmarking, our research reports on the automotive steering motor market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive Steering Motor Market 2019-2023 : Key Highlights
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will assist automotive steering motor market growth during the next five years
Estimation of the automotive steering motor market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automotive steering motor market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automotive steering motor market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE