Friday, October 15, 2021

Month: April 2021

Challenges and Opportunities Faced in Automotive Industry

There is no single industry in this world that doesn’t face problems or obstacles in its path to success. Once a wise man said that
” Where there are problems there are opportunities” keeping this thing in mind the automotive industry has been doing a lot of progress in its manufacturing sector as well as the R&D region. The EV tech is one of the most recent and innovative creations that the industry has given us, but there are also many challenges present in the automotive industry such as the rate of recall, the recycling issue, shortage of items, and so on.
Some of these challenges and opportunities are Been listed in this blog in a short and sweet explanatory manner.

1. Chip Shortage And Hike in their Price.

As the production of cars is increasing day by day one of the major issue faced by the automotive sector is the shortage of semiconductors and this particular thing has to lead to a slightly bigger problem that is the increase in the pricing of chips.
The Indian auto OEM has been getting requests from chip manufacturers to increase the respective prices of chips – this particular thing has been approved and said by 3 companies in particular to date and the number is likely to increase in the near future. The combined impact of the supply shortage and accompanied by the surge g demand has put pressure on prices. The hike may be up to 3-6% up to 2021. This problem caused not only the car sector but also the semiconductor industry is looking for other alternatives.

2. EV batteries and the economy.

The used or retired electric vehicle batteries of the old vehicles have the major problem that they are unable to store or produce the required energy as compared to the new one which is a fact. Due to this, the cost of maintenance and repair of the battery costs too high. So these batteries are sold and been recycled in a very innovative manner which stores energy.
“Relectric” An Australian technology developer Is building and selling units of repurposed expired or outdated Nissan Motor Co.Leaf batteries to create products capable of storing renewable power at the manufacturing facilities, Big farms, and also old mines. These are also called second-life battery systems harnessing the remaining life of the used EV batteries or packs.

3.) Hyundai’s Recall

The recall is nothing but the right of the customer of the vehicle to replace or repair any part of his/her vehicle (a condition that it should be original ) by the company or the local manufacturer/dealer of that company. A similar recall chain has hit the Hyundai company where it has recall 82,000 electric vehicles globally to replace their batteries after 15 reports of fires involving the vehicles have come forward. This is one of the most expensive recalls in history. This signals to us that how electric car defects could create
such high cost for the automakers.
Replacing an entire battery is a very hectic process that requires a similar amount of hard work and expense as replacing a complete engine of a traditional IC-powered car.

4.) Driverless Electric Buses.

Driverless Electric Buses is definitely a milestone of changing technology. This bus adapts the machine learning mechanism and learns all the things while operating and observing the process in detail. It also interacts with the traffic signal and works and drives accordingly. The stops and routes are programmed with the help of machine learning and this bus uses its own AI to learn and understand new concepts. It is majorly operating in a city named Malaga in Spain. It runs at 8 km ( Five miles) loop it does six times a day. It is also capable of using its intelligence and improving its decision based on data processed along the route.

An emergency license to use the Chinese “Coronavac” vaccine In Egypt

The Egyptian Medicines Authority said, on Monday, that it had granted an emergency license to use the “Coronavac” vaccine, which is produced by the Chinese company “Sinovac” to prevent the Coronavirus.

Egypt has so far received shipments of “Sinopharma” and “AstraZeneca” vaccines and announced that it is preparing to produce up to 80 million doses of “Sinovac” vaccine locally. It was also granted approval to use the Russian “Sputnik” vaccine.

On Sunday, the Egyptian Ministry of Health announced that 567 people had recovered from infection with the Coronavirus, bringing the recovery cases to 167,24 cases, while the country recorded 953 new infections, bringing the number of infections since the virus appeared more than a year ago to 222,523 cases.

While the ministry counted 51 new deaths due to infection with the virus, bringing the total number of deaths in the country to 13,49 deaths.

Egypt is seeking to increase reliance on local production of anti-Corona vaccines, and the local pharmaceutical company, Minapharm, announced last Thursday that it had entered into an agreement with the Russian Investment Fund to produce about 40 million doses of the Russian vaccine, “Sputnik-V,” annually.

A joint statement between the Egyptian company and the Russian Fund stated, “The two parties intend to start transferring technology immediately.”

The statement, which was published by the Egyptian company on its website, stated that “the vaccine is expected to be launched in the third quarter of 2021”, to provide more than 40 million doses annually. Production will take place at the company’s facility in Cairo, and then will be distributed internationally.

A celebration of ethnic diversity at the Oscars 2021 … and “Netflix” top 7 awards

The Academy Awards ceremony, which was held at a railway station in downtown Los Angeles, looked pale and dry without political speeches, dance performances, or extravagance in costumes, decorations, and lighting, as the Academy of Motion Picture Arts and Sciences has done 93 years ago.

The organizers and festival director, Steven Soderberg, contented themselves with broadcasting the recorded shows of the 5 best original Oscar-nominated songs and broadcasted on “ABC” and “OSN” prior to the official opening.

The famous red carpet was shorter than usual this year, and the number of stars is very few, as some hundreds of candidates and presenters do not exceed, compared with thousands over the previous years, while some of the prize contestants joined the celebration via satellites from Britain, Paris and some countries. Which its citizens were unable to travel.

Many masks and strictness in the precautionary measures for the Corona epidemic, made the celebration teeming with speeches dominated by personal stories, and a celebration of life after surviving Corona.

Daniel Kaluuya’s banter gave an air of fun about the intimate relationship between his mother and father, as he received the award for best-supporting actor for the film “Juda and Christ”, and some emotions were evident from people of African and Asian origins for winning prizes for the first time.

Tears added during the ceremony a kind of sincere emotions that drew the viewers and was the focus of their comments on social media, especially the tears of Thomas Winterberg, director of the Danish film “Another Round” winner of the Best Foreign Film Award, who cried for the death of his daughter while filming the movie, as well as tears Mia Neal and Jamaica Wilson, winners in the Best Hairstyling and Makeup category in Ma Rainey’s Black Bottom, are influenced by being the first women of African descent to win this award.

Followers of the Oscars used to send political messages or give rave speeches that shake American society, as happened last year when the ballroom was filled with harsh criticism of former US President Donald Trump, his party, and his rule, but it seems that this atmosphere disappeared with the arrival of Joe Biden to the presidency, and the ruling of the Democratic Party that It is supported by the majority of American filmmakers and artists.

Chinese media ignore Chloe Gao’s Oscar win

Chinese media ignored her compatriot Chloe Gao winning the best director Oscar for her movie “Nomadland” on Sunday, and social networks censored the news.

The Beijing-born director in 1982 became the first Asian woman to win this award for her feature film about American “trailer dwellers” who live on the roads after they lost everything in the “mortgage” crisis.

The film also won an Academy Award for Best Picture, and its lead actress, Frances McDormand, won the Best Actress award. However, this success did not find momentum in China.

No major media outlet reported the news. On Monday, the social network “Weibo” imposed a censorship on all messages containing the name of the director or her film.

Director Chloe Gao became the second woman to win the Academy Award for Best Director in the history of the prestigious Hollywood award, which extends over 93 rounds.

Gao, 39, has become fascinated by the American West, the talk of the hour in Hollywood, through the awards she has won and the nominations she has won this season.

“I’ve always found kindness in the people I have met wherever I am in the world,” the director told the limited audience at the Oscars in Los Angeles.

And she added, “I dedicate this award to all those who have faith and courage to stick to their kindness and the kindness of others, no matter how difficult it is to do so.”

Beijing-born Chloe Gao, whose original name is Zhao Ting, left China in her teens to join an English boarding school, before moving to pursue her studies in Los Angeles and then in New York, where she studied, especially at the hands of Spike Lee.

The director won praise since her first successes in her home country, as she was described as a national “pride”, but she was subjected to a focused Chinese campaign after Internet users exhumed statements attributed to her during an interview with an American magazine in 2013 that included criticism of her mother country.

And some Chinese nationalists came to describe her as a “traitor”, in an argument that would undermine the chances of showing the movie “Nomadland” in China.

The film is currently based in the small rural city of Ojai, California, about 150 kilometers northwest of Los Angeles.

Chloe Gao will soon enter the world of huge Hollywood productions, as she directed the movie “Eternels” from the world of “Marvel” and includes a constellation of stars, including Angelina Jolie and Salma Hayek. It is scheduled to put this work in halls by the end of this year.

In an indication of the filmmakers ’passion for Gao, it was reported that Universal Studios will be entrusted with directing a forward-looking version of“ Dracula ”films inspired by the atmosphere of the American West.

Dana Gas cancels a $ 236 million sale of land assets in Egypt

The Emirati company, Dana Gas, operating in the natural gas sector in the Middle East, announced that its onshore oil and gas-producing assets in Egypt, previously announced in October 2020, would not be sold for up to $ 236 million, including future conditional payments. In addition to preserving the North Arish concession (the sixth sector) for marine exploration.

The decision comes after a number of preconditions for the sale agreement could not be met, to the satisfaction of both parties, before the deadline for completing the sale agreement, which was approved Wednesday, April 14, 2021.

The company expects that there will be a positive impact on its profitability and cash flows, in the coming years, affected by changes in the global economy and energy markets.
The CEO of the company, Patrick Allman-Ward, said: “Dana Gas has always been committed to completing the sale transaction, but it has proven that there are difficulties between the two parties to meet the preconditions for completing the sale agreement. Termination of the sale agreement according to the terms and conditions contained in this agreement.

Sales agreement
The UAE Dana Gas Company entered into a binding agreement with the “IPR Al Wastani Petroleum Company Limited”, a subsidiary of “IPR Energy – IPR”, last October, to sell its onshore oil and gas producing assets in Egypt.

The deal included the sale of Dana Gas in its entirety in its four onshore concessions, namely “Manzala”, “West Manzala”, “West Al-Qantara” and “North Salhia”, and the development licenses associated with these areas.

The average production of the concession areas during the first half of 2020, which was included in the deal, was about 31 thousand barrels of oil equivalent per day, and its contribution to the company’s profits before interest, taxes, depreciation, and depletion amounted to 38 million dollars.

Under the terms of the sales agreement:
Transferring ownership rights, responsibilities, and employees to the buyer upon completion of implementation and obtaining formal approval of assignment contracts for various concessions.
The company, through its wholly-owned company, “Dana Gas Egypt”, maintains its shares in the exploration concessions for “Al-Mataria” (Sector 3) onshore and “North Arish” (Sector 6). The company will work to achieve “the largest possible return from these assets and enhance their value.”.

Dana Gas receives compensation that includes a basic cash amount of $ 153 million, including networking capital associated with the assets sold and calculated before any price adjustments at the date of completion of the transaction, as well as conditional payments of up to $ 83 million, linked to average Brent crude prices and production performance during The period between 2020-2023, in addition to the completion of a number of potential business opportunities associated with other parties.

Upon closing, the basic consideration will be adjusted based on the amounts received by the company and the payments made during the transitional period separating the effective date of the agreement and the date of its completion.
The proceeds of the transaction are used to pay off the company’s debts and for Dana Gas’ general corporate use.

The UAE reveals 1,813 new cases of the emerging coronavirus

In line with the plan of the Ministry of Health and Community Protection to expand and increase the scope of examinations in the country with the aim of early detection and counting cases infected with the emerging coronavirus “Covid-19” and those who had contact with them and isolating them. The Ministry announced that 205,321 new examinations were conducted during the past 24 hours on different groups in society using The best and latest medical examination technology.

‌ The intensification of investigation and examination procedures in the country and the expansion of the scope of examinations at the state level contributed to the detection of 1,813 new cases of the emerging coronavirus of different nationalities, all of which are stable and subject to the necessary health care, bringing the total number of registered cases to 510,738 cases.

‌ The Ministry also announced the death of two infected cases as a result of the repercussions of infection with the emerging coronavirus, and thus the number of deaths in the country reached 1,571 cases.

Workers from the Indian Sub-continent on a construction site in Bahrain.

‌ The Ministry of Health and Community Protection expressed its regret and sincere condolences and condolences to the families of the deceased, and its wishes for a speedy recovery for all the injured, calling on community members to cooperate with health authorities and adhere to instructions and adhere to social distancing to ensure the health and safety of all.

‌ The Ministry also announced the recovery of 1,652 new cases of people infected with the emerging coronavirus “Covid-19” and that they fully recovered from the symptoms of the disease after receiving the necessary health care since entering the hospital, thus bringing the total cases of recovery to 492,109 cases.

The founder of Signal hacks into an Israeli company that specializes in hacking phones

Moxy Marlinspike, founder and director of the “Signal” instant messaging service, revealed that he had hacked a device used by the Israeli company, “Cellebrite”, which specializes in hacking smartphones for intelligence purposes.

In a post on the official website of Signal, Moxy indicated that the “Silbright” device, which was found by accident, contains security flaws that expose the Israeli company’s customers to danger and threaten the accuracy of the reports issued by the devices used to penetrate phones.

Security loopholes
The post indicated that there are a number of flaws in the software system for operating the “Celebright” device, and Moxy considered them to be “high-risk” loopholes capable of making the Israeli company warn its customers against using its devices to extract information from inside any smartphone.

Moxy pointed out that some of the discovered vulnerabilities are able to open the way for hackers to place malicious code inside the operating system of the “Silbright” device, by planting a malicious file inside one of the applications installed on the target phones.

Through the malicious programming, it becomes easy for the hacker to remotely control the data and files stored on the phones, and thus it is easy to tamper with the reports issued by the “Celebright” devices, and the security services, which are considered one of the most important customers of the Israeli company, depend on them.

Charges exchanged
This statement comes as a new episode in which Signal responds to the allegations made by the company, “Silbright”, which it launched last month, during which it stated that it is able to provide services to hack any account on the “Signal” service to its customers.

Signal’s statement included a response “to this allegation,” noting that what Silbright can do in terms of collecting data from a Signal account, is what anyone can do when they hold a phone in their hands with an unlocked screen lock, and the only feature it provides “Celebright” for its customers to perform this operation automatically, without human intervention.

Saudi Arabia expects to save $ 213 billion after using gas and renewable energy domestically

The Saudi Minister of Finance, Muhammad Al-Jadaan, expected that the Kingdom would save about $ 213 billion over the next ten years. By replacing locally used liquid fuels with natural gas and renewable energy sources, in the midst of efforts to reduce costs in order to finance investments.

The largest oil exporter has embarked on a reform plan in recent years, to modernize the economy, create jobs and reduce dependence on oil revenues.

Saudi Energy Minister Abdulaziz Bin Salman gestures as he speaks to members of the media on the sideline of the Future Investment Initiative conference in Riyadh, Saudi Arabia, on October 30, 2019. REUTERS/Hamad I Mohammed – RC1333BFD410

Oil replacement
The minister said, “One of the initiatives that we are about to complete is replacing liquids … This program will provide the government with about 800 billion riyals (213.28 billion dollars) over the next ten years that can be used for investment.”
Al-Jadaan added, “From now until 2025, and maybe until 2030, we will prioritize fiscal sustainability. We believe that in order to achieve all the goals set by Vision 2030, we need to maintain fiscal sustainability and control government spending.”

This month, Saudi Arabia signed electricity purchase agreements with seven solar energy projects; As part of a plan to maximize the utilization of the energy mix used to generate electricity, provide electrical energy to more than 600,000 housing units, and reduce more than 7 million tons of greenhouse emissions.

Saudi Arabia was hit by low oil prices and the Covid-19 crisis last year, and it announced a plan to accelerate domestic investment as part of a program of spending trillions of dollars led by the giant national oil company Aramco and the sovereign wealth fund, the Public Investment Fund, amounting to 400 billion dollars.

Forum gas and oil producers
Yesterday, Saturday, the Saudi Ministry of Energy announced that the Kingdom has joined the United States, Canada, Norway, and Qatar, to establish the “Zero Neutrality Producers Forum”.
The forum is a platform to discuss how to support the implementation of the Paris Agreement on climate change, as one of its main goals is to bring emissions to the level of zero neutrality.

Forum members Canada, Norway, Qatar, Saudi Arabia, and the United States, who together represent 40% of global oil and gas production.

The forum aims to “reduce methane emissions, promote a circular carbon economy approach, develop and deploy clean energy technologies, carbon capture, and storage, and diversify sources of income that do not depend on hydrocarbon revenues.”

Renewable energy in Saudi Arabia
On March 28, the Saudi Crown Prince, Prince Mohammed bin Salman, announced the initiatives of the Green Kingdom and the Green Middle East, to chart the direction of the Kingdom and the region in achieving global targets for reducing carbon emissions.

On April 8, the Crown Prince announced the opening of the Sakaka plant for the production of electricity from solar energy, with a total production capacity of 300 megawatts, providing energy for more than 50 thousand housing units, and reducing about 583 thousand tons of harmful emissions that cause global warming, by an average The cost of 1.2 billion riyals ($ 319.97 million).

The Kingdom plans to launch the Dumat Al-Jandal wind power plant in Al-Jawf in the northern region, 900 kilometers north of Riyadh, the first of its kind in the Kingdom, and the largest in the Middle East, with a capacity of 400 megawatts.
The Dumat Al-Jandal plant, which is expected to be completed and operational in 2022, will contribute to avoiding the emission of about two million tons of carbon dioxide annually, while its production capacity will reach 400 megawatts.

India .. Corona “swallows” cities and tireless search for “cemeteries”

India’s crematoriums and cemeteries are overwhelmed by heavy work after being overwhelmed by a devastating new wave of Covid-19 infections that is tearing through the densely populated country at terrifying speed, depleting life-saving oxygen supplies to critical levels, leaving patients dying while waiting in line to see doctors.

And for the fourth consecutive day, India today, Sunday, set a world record for new infections, driven by a new malignant boom that appeared, undermining the government’s premature claims to victory over the epidemic, according to the “Associated Press”.

And the 349,691 confirmed cases during the past day raised the total number of cases in India to more than 16.9 million, second after the United States.

The Ministry of Health reported another 2,767 deaths in the past 24 hours, bringing the number of Covid-19 deaths in India to 192,311.

Experts say that the number of victims may be much more than the number mentioned, as suspected cases are not included, and many deaths from infection are attributed to other causes.

The crisis unfolding in India goes deeper in cemeteries and crematoriums, and in the heartbreaking images of gasping for patients dying on their way to hospitals due to lack of oxygen.

In the capital, New Delhi, cemeteries are running out of space, and lit and glowing funerary cremations lit up the night skies in other hard-hit cities.

In Bhopal city center, some crematoriums have increased their capacity from dozens to more than 50 bodies. However, officials say, there are still long waiting hours.

Corona infections in India are equivalent to half of all new cases around the world

The second wave of the Coronavirus in India is rapidly approaching to turn into a devastating crisis, with hospitals becoming unbearably full, running out of oxygen supplies, and infected dying while waiting to see a doctor – there is increasing evidence that the actual number of deaths is much higher than what has been officially reported, According to the “New York Times” newspaper, new infections in India are equivalent to half of all new cases around the world.

The Indian government daily reports more than 300,000 new infections, in a world record that surpasses any other country so far, and it can be said that the injuries there are at a rate comparable to half of all new cases around the world.

A new report by the American newspaper pointed out that experts say that these numbers, no matter how shocking, represent only a fraction of the true extent of the spread of the virus in India, which prompted the country to declare a state of emergency.

Millions of people are refusing to leave their homes – due to fear of contracting the virus. There are also accounts of patients desperate for oxygen while waiting in chaotic hospitals that have run out of life-saving oxygen.

Analysts say politicians and hospital administrators may be underestimating or turning a blind eye to the death toll. Grieving families may be hiding the link of the death linked to Covid-19, adding to the confusion in this formidable country of 1.4 billion people.

“It is a complete massacre of data,” said Pramar Mukherjee, an epidemiologist at the University of Michigan who closely follows the situation in India.

In one of the large cremation areas in Ahmedabad, a city in the western Indian state of Gujarat, orange fires light the night sky, burning 24 hours a day, like an industrial factory that never stops.

Suresh Bhai, a worker there, said he had never seen such an endless line. Noting that he had never recorded the cause of death on the papers he hands over to the grieving families, that it was related to Covid-19, although the death toll rose with the increase in the frequency of the virus. Suresh said: “A disease, a disease, a disease … this is what we write.”

When asked why, he said this is what his superiors recommended to him, who declined to comment.

It is worth noting that, on Saturday, officials reported nearly 350,000 new infections and deaths continued to rise. In a hospital in the capital, New Delhi, doctors said that 20 patients in the intensive care unit had died after hypotension, blaming the acute shortage of oxygen supplies.

Translate »
%d bloggers like this: