New EV Technology Can Charge the vehicle in 5 Mints

EV Technology Due to a potential issue with a loose fastener that could result in a driver losing steering control, Rivian Automotive Inc. announced on Friday that it would recall almost all of its vehicles.

A fastener connecting the front upper control arm and steering knuckle may not have been “sufficiently torqued” in some vehicles, according to California-based Rivian, which recalls nearly 13,000 vehicles.

So far this year, electric vehicle manufacturers have produced fourteen thousand three hundred seventeen automobiles.

After learning seven reports possibly relating to the structural problem of torqued fasteners, Rivian informed the affected customers about the recall, the business stated. There have been no injuries as a result of this flaw.

In a letter to consumers, Rivian Chief Executive RJ Scaringe advised them to exercise caution if they encounter any problems because “in rare cases, the nut could loosen totally.”

It’s crucial to remember the potential risks involved and why we are voluntarily carrying out this recall, stated Scaringe.

Due to the possibility that airbags might not deploy when a kid is seated in the front passenger seat, Rivian recalled around 500 2022 R1T electric pickup trucks in the United States in May. (Editing by William Mallard and Ana Nicolaci da Costa; reporting by Akriti Sharma and Akanksha Khushi in Bengaluru)

New EV Technology Can Charge The Vehicle In 5 Mint Max

According to a report, the production of electric vehicles will increase at a compounded average annual growth rate (CAAGR) of 26%, reaching volumes of over 54.1 million units by 2029.

According to a market research firm Strategy Analytics report, the EV Powertrain semiconductor market is anticipated to develop at a CAGR of 31% to reach $27.3 billion by 2029.

According to Asif Anwar, Executive Director at Strategy Analytics, semiconductors needed for power electronics will make up the largest market, with growth accelerating in step with the push toward battery electric vehicles and the shift to higher performing, more efficient wide bandgap semiconductors.

The need for semiconductors will increase due to the popularity of battery electric vehicles.

The essential systems required for battery electric, plug-in hybrid, full hybrid, and mild hybrid powertrains all require semiconductors.

According to the research, these components include battery management systems, DC/DC converters, primary traction inverters, electric motors, and onboard chargers.

According to the report, in 2029, battery electric vehicles will represent 82% of the market opportunity for semiconductors used in electric vehicle powertrains. This market will expand at a CAGR of 39%.



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