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Altair Announces Winners of 2023 Altair Enlighten Award

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Polestar, Toyota, Marelli, and others among winners creating a more sustainable, lightweight future

TROY, Mich., Aug. 1, 2023 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI) has named the winners of the 2023 Altair Enlighten Award. Presented in association with the Center for Automotive Research (CAR), the Altair Enlighten Award honors the greatest sustainability and lightweighting advancements that successfully reduce carbon footprint, mitigate water and energy consumption, and leverage material reuse and recycling efforts.

“The Altair Enlighten Award is a special award that showcases how the automotive industry’s leading minds – from the biggest names to its newest startups – are applying advanced technologies and responsible AI to create a better, greener industry,” said James R. Scapa, founder, and chief executive officer, Altair. “Lightweighting, optimization, and sustainability are more important than ever in the modern automotive industry. Altair is proud to honor the innovations that will drive the future of a sustainable industry.”

“As always, we’re honored to be presenting the Enlighten Award together with Altair, and we look forward to seeing what innovations this year’s submissions bring as we work towards a more sustainable automotive ecosystem,” said Alan Amici, president, and chief executive officer, Center for Automotive Research.

The complete list of all winning organizations, runners-up, and honorable mentions are below.

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Sustainable Product

  • Winner (Passenger Vehicle): Polestar – Polestar 2 MY24
    • The 2024 Polestar 2 features next-generation electric motors, quicker charging, greater efficiency, and longer range — now up to 654 kilometers as measured by the Worldwide Harmonized Light Vehicle Test Procedure (WLTP). Despite the significant increases to performance, range, and efficiency, the Polestar 2 also boasts a reduced carbon footprint, with some versions now producing up to three tons less carbon dioxide compared to the launch version released in 2020. In addition, Polestar uses blockchain technology within its supply chain to expand raw material traceability and address social and environmental issues.
  • Winner (Class 8): Nikola Corporation – Nikola Tre FCEV
    • When developing the new Nikola Tre FCEV, Nikola emphasized recycling – 100% of car scrap produced in the production of pre-consumer batteries was recycled and/or reused, and 100% of hazardous waste produced during production was safely recycled. Nikola also implemented a circular reuse program for all battery pallets, and the vehicle manufacturing process consumed no water.
  • Runner-up: Lucid Motors – Lucid Air Sedan
    • California-based EV manufacturer Lucid Air has launched its flagship Lucid Air sedan, which has broken industry records for range, charging speeds, aerodynamics, and performance. The Lucid Air lineup — with its core technology designed and engineered completely in-house — can add 300 miles of range in just 22 minutes of charge, carries an industry-leading aerodynamic drag coefficient of 0.197, and includes trims with an EPA-estimated range of up to 516 miles and mileage efficiency of 4.6 miles per kilowatt-hour.

Sustainable Process

  • Winner: ArcelorMittal – Use of Biomass for Carbon-Neutral Steelmaking
    • The ArcelorMittal Port-Cartier pellet plant became the first in the world to substitute pyrolytic oil for heavy fuel oil on a continuous basis. By using this biofuel, produced locally by BioÉnergie AE Côte-Nord Canada, ArcelorMittal not only reduces its emissions but builds a true regional energy ecosystem by uniting the two great resources of the Côte-Nord region, iron and forest. 
  • Runner-up: Brose Antriebstechnik GmbH, Co. Kommanditgesellschaft, Berlin – Reman-Drive – Remanufactured E-Bike Drive
    • Brose introduced a remanufactured, lower-cost drive that saves 21 kilograms (46.2 pounds) of carbon emissions per unit, while maintaining quality standards. The process recovers and restores previously sold, worn-out, or non-functional products to “like new” conditions and saves material, costs, and carbon emissions. 
  • Honorable Mention: Kasai Kogyo Co. Ltd. – Kasai Hi-Papia, Kasai Original Sustainable Material
    • Kasai Hi-Papia (KHP) is composed of 100% recycled polypropylene (PP), polyethylene terephthalate (PET), and pure talc. In addition, material scrap from the KHP manufacturing process is reused. KHP has helped spread the recycling plastic market and reduce the amount of material needed by fabric manufacturers. KHP’s adaptable production system enables higher flexibility to support different recyclable plastic contents in various regions.

Responsible AI

  • Winner: Volteras – A Novel Way to Connect the Electric Vehicle Ecosystem
    • Volteras’s API gives businesses access to electric vehicle (EV) ecosystem data with a two-week integration that would take organizations years to integrate otherwise. Its products allow organizations to reduce energy waste and emissions, better manage EV fleets, optimize charging across home chargers using its smart charging algorithms, and more.

Enabling Technology

  • Winner: Toyota, BASF Corp, and US Farathane – World’s First Adoption of Resin Frame for IsoDynamic Seat
    • Toyota converted more than 17 multi-piece steel parts into just one molded part, thus using far less raw material and decreasing waste. In addition, the process also generated an estimated 20% cost reduction and a 30% weight reduction. In addition, this is the world’s first adoption of lateral, vertical, and horizontal dynamic motions with adjustable dampers for the driver and passenger seats in off-road vehicles.
  • Runner-up: NIO – HPDC Material and Processing Methods for Efficient Structural Design
    • With the goal of minimizing environmental impact, NIO used a new alloy material that doesn’t require heat treatment, and used a more accurate, more efficient laser cleaning process. These changes reduced part mass by 31%, reduced part count by 98% (turning 54 stamped parts to one), and slashed manufacturing time by 60%.

Module Lightweighting

  • Winner: Toyota, Adient, and Multimatic – IsoDynamic Seat, Accra® SuperStructure
    • Multimatic’s Accra® technology is a high-volume, hot-form manufacturing process that uses form blow hardening (including rapid water quenching) to manufacture ultra-high strength (boron) steel. Thanks to these production adjustments, the process reduced mass by 17%, reduced packaging space by 40%, and increased torsional load strength in key areas by 30%.
  • Runner-up: Nemak – BMW HPDC E-Bracket
    • Nemak developed a new alloy material for high-pressure die casting (HPDC) and reduced the BMW E-bracket’s overall weight by 30%, resulting in a final weight of 16.74 kilograms (36.9 pounds).

Future of Lightweighting

  • Winner: Marelli – Lightweight Urethane for Interior Products
    • Marelli developed a new lightweight polyurethane foam that can be applied to all foam-in-place (FIP) applications, particularly the main dashboard panel. It reduces part mass by 40% with new tooling, 8% from current tooling, and reduces volatile organic compounds (VOCs) by 80% compared to the current polyurethane foam in use – all while retaining a high-quality feel and appearance.
  • Runner-up: Solvay Specialty Polymers – Ajedium™ PEEK Slot Liners
    • Ajedium™ PEEK slot liners can reduce battery pack weight by 12 kilograms (36.4 pounds) and the e-motor size by 4 kilograms (8.8 pounds). Additionally, there’s no requirement for high-power dedusting equipment or climate-controlled storage to prevent moisture uptake – which reduces energy consumption – since PEEK slot liners can be inserted via existing equipment. The reduction in aluminum casting motors uses less energy and material than before.
  • Honorable Mention: WorldAutoSteel, Ricardo plc – Steel Body Structures for Fully Autonomous Vehicles
    • As the world’s first autonomous vehicle constructed to fulfill the most stringent crash requirements, WorldAutoSteel and engineering partner Ricardo developed this concept vehicle that features a 282-kilogram (621.7-pound) body structure, and a 25% mass reduction over an expected reference vehicle. It also has the potential to reduce total lifecycle carbon emissions by 86%, which will help meet global net-zero goals.
  • Honorable Mention: Michigan Technological University for Auto/Steel Partnership – Steel E-Motive Side Closure Mechanism
    • By developing this mechanism using advanced high-strength steel (AHSS) instead of aluminum, there is the potential to reduce carbon emissions by 3x while also reducing manufacturing costs.

The Enlighten Award winners will be announced in an awards ceremony at the CAR Management Briefing Seminars on August 1, 2023, at 7:30 a.m. ET. For more information about the Enlighten Award, visit https://altair.com/enlighten-award.

Partners for the 2023 Enlighten Award include Automotive Engineering SAE, Tech Briefs, Auto Bild Japan, Automobile Industrie, and the Korean Society of Automotive Engineers (KSAE).

About Altair

Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. For more information, visit https://www.altair.com/.

 

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Media contacts

Altair Corporate                                                 

Altair Investor Relations

Jennifer Ristic                                                   

Monica Gould, The Blueshirt Group

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+1.216.849.3109                                               

+1 212.871.3927

[email protected]                               

[email protected]

Altair Europe/The Middle East/Africa 

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Charlotte Hartmann

+49 7031 6208 0

[email protected]

 

The Altair Enlighten Award honors the greatest sustainability and lightweighting advancements that successfully reduce carbon footprint, mitigate water and energy consumption, and leverage material reuse and recycling efforts.

 

Nikola Corporation won the 2022 Altair Enlighten Award for the Nikola Tre FCEV. 100% of the car scrap produced in the production of pre-consumer batteries was recycled and/or reused, and 100% of hazardous waste produced during production was safely recycled. Nikola also implemented a circular reuse program for all battery pallets, and the vehicle manufacturing process consumed no water.

 

Altair

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Blockchain

Blocks & Headlines: Today in Blockchain

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Blockchain technology continues to expand its reach, influencing industries far beyond its origins in cryptocurrency. From strategic collaborations to emerging trends, today’s briefing explores key developments shaping the blockchain ecosystem. Here’s the latest.


Blockchain Lobby Groups Unite for Crypto-Friendly Advocacy

In a landmark move, eight major blockchain lobby groups in the U.S. have joined forces to push for crypto-friendly policies under the new administration. With a regulatory climate expected to favor innovation in blockchain and cryptocurrency, these organizations aim to present a unified voice to influence legislation and public discourse.

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The coalition’s agenda focuses on fostering technological adoption, ensuring consumer protection, and clarifying taxation policies. This collaboration highlights the growing recognition of blockchain’s potential to drive economic transformation while addressing concerns about regulation.

Source: CoinDesk


Five Underrated Layer-1 Blockchain Tokens to Watch in 2025

As competition among blockchain platforms intensifies, several Layer-1 blockchain tokens are poised to gain significant traction this year. Analysts spotlight projects that prioritize scalability, interoperability, and developer engagement as ones to watch.

While giants like Ethereum and Solana dominate headlines, emerging players are carving out niches in sectors like decentralized finance (DeFi), gaming, and supply chain solutions. These tokens underscore the innovation flourishing within the Layer-1 ecosystem.

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Source: The Crypto Basic


AI and Blockchain Drive Innovation in Mining Industry

The integration of AI and blockchain technologies is revolutionizing the mining sector. Blockchain’s immutable ledger capabilities ensure transparency in supply chain operations, while AI optimizes resource extraction and predictive maintenance.

Together, these technologies address critical challenges such as environmental impact and operational inefficiency. As sustainability takes center stage, the mining industry’s adoption of blockchain and AI represents a significant leap forward.

Source: Mining Technology

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The Rapid Rise of Blockchain Mini-Games

Blockchain-powered mini-games are capturing the attention of developers and players alike, thanks to their innovative use of tokenization and play-to-earn models. These games—smaller in scope but high in engagement—offer players real ownership of in-game assets and a chance to earn rewards.

The trend’s popularity stems from its low barrier to entry and appeal to casual gamers, signaling a shift in the gaming landscape. As blockchain gaming continues to evolve, mini-games are emerging as a powerful gateway to mainstream adoption.

Source: Crypto Times


Bybit and SignalPlus Announce $100,000 USDC Global Trading Showdown

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Bybit and SignalPlus have teamed up to launch a global trading competition with a $100,000 USDC prize pool. The event aims to showcase advanced trading strategies while fostering community engagement within the crypto trading ecosystem.

Participants will compete across multiple trading challenges, highlighting the growing sophistication of crypto markets. This collaboration underscores the role of competitions in promoting market education and innovation.

Source: PR Newswire

 

The post Blocks & Headlines: Today in Blockchain appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake

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DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply saddened by the devastating earthquake that struck Tibet earlier this week, leaving a trail of destruction and heartache.

The tragedy has claimed at least 126 lives, injured 188 people, and displaced tens of thousands as over 3,000 buildings collapsed in the remote region near the northern base of Mount Everest. In response, Bybit is committing RMB 5 million in collaboration with the Red Cross Society of China (RCSC) to support critical relief and recovery efforts in the affected communities.

The 7.1-magnitude earthquake, which struck on January 7, has caused widespread devastation, with extreme winter conditions complicating rescue operations. More than 14,000 rescue workers have been mobilized to search for survivors amid sub-zero temperatures and strong winds, highlighting the urgent need for immediate aid.

“As a responsible global leader in the blockchain industry, Bybit is committed to standing with communities in their time of need,” said Helen Liu, Chief Operating Officer at Bybit. “Our thoughts are with the survivors, the rescue teams, and the families affected by this tragic event. We hope our contribution will help provide much-needed relief and support the road to recovery.”

The donation will be directed towards essential services, including emergency shelter, medical supplies, and food aid, as well as long-term rehabilitation efforts. Bybit is proud to partner with RCSC to ensure swift and impactful assistance to those in need.

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At Bybit, we firmly believe in the power of compassion and collaboration. This contribution reflects our commitment to fostering resilience and hope in the face of adversity.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press 

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For media inquiries, please contact: [email protected]

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown

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DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and SignalPlus, an innovative social trading platform aimed at democratizing options trading for digital and crypto assets, are excited to announce the Bybit x SignalPlus 2025 Global Trading Competition. With a staggering total prize pool of 100,000 USDC, this competition promises to be the ultimate stage for traders to showcase their skills and seize lucrative rewards.

From now until February 5, 2025, 8:00 AM UTC, the competition is open to all Bybit users—excluding residents of restricted jurisdictions.. This event invites participants to engage in options, spot, or futures trading for their chance to claim a share of the impressive prize pool.

“We are thrilled to partner with SignalPlus for the Bybit x SignalPlus 2025 Global Trading Competition,” said Joan Han, Sales & Marketing Director at Bybit. “This event reflects our commitment to fostering an active and vibrant trading community. Whether you’re a novice or a seasoned trader, this competition offers a platform to enhance your trading skills and earn exciting rewards.”

Chris Yu, CEO at SignalPlus, shared his enthusiasm: “Collaborating with Bybit reflects our unwavering commitment to empowering traders with cutting-edge tools and actionable insights. This competition is a unique opportunity for participants to showcase their trading expertise and be handsomely rewarded for their achievements.”

Competition Highlights

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  • 100,000 USDC Prize Pool: Compete for your share of a massive prize pool.
  • Daily Rewards System: Win prizes daily, with rewards credited promptly to energize your next trades.
  • Team Competition: The top four (4) teams will split a 7,300 USDC prize pool. Daily, one lucky team member will win a luxury 3-day, 2-night trip to Korea or its equivalent value in USDC.
  • Individual Competition: The top 35 winners will share 7,702 USDC, with individual prizes ranging from 30 USDC to 2,000 USDC. Daily rankings and lucky draws offer opportunities to win up to 250 USDC.
  • Daily Lucky Draw: Over 21 days, 129 winners will be chosen daily, ensuring that every trade counts toward exciting rewards.
  • Special Bonuses: Link your Bybit API to SignalPlus for a 10 USDC rebate. Complete your first Options trade on SignalPlus to earn an additional 20 USDC rebate.

For more details on the Bybit x SignalPlus 2025 Global Trading Competition, please visit here: https://announcements.bybit.com/article/-bybit-x-signalplus-2025-global-trading-competition-returns-with-bigger-rewards-win-your-share-of-the-100-000-usdc-prize-pool–blt36f0435aff9e950f/

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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