Energy prices surged 32,2% in May, but the index is just one-half of its end-2019 levels.
Until recently, AGVs were the only option for automating internal transport tasks. Today, a more sophisticated technology is competing with them: Autonomous Mobile Robots AMR. Although both AGVs and AMRs allow materials to be moved from point A to point B, the comparison ends there.
Global sales for automotive parts exports by country totaled US$392.5 billion in 2019.
Overall the value of auto parts exports rose by an average 11.5% for all exporting countries since 2015 when auto parts shipments were valued at $351.9 billion. Year over year, the value of global automotive parts exports decelerated by -5.6% from 2018 to 2019.
Energy prices continued to plunge in April, falling 30,2%. Prices have fallen 61,8% this year, led by crude oil(-66,8%).
Electrical engineers working on shrinking the mechanical and electronic components in a rooftop lidar down to a single silicon chip think the component could be mass produced for as little as a few hundred dollars.
International sales of iron ore exported by country totaled US$122.5 billion in 2019, increasing by 74.2% since 2015 when iron ore shipments were valued at $70.3 billion and expanding 30.3% from 2018 to 2019.
Energy prices continued plunging in March, down 35% from February, led by a 40 % decline in crude oil.