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Manufacturers in industries such as automotive and electronics, nearing the tipping point of digital adoption, are achieving even faster and more sustainable change through Industry 4.0.
Many consumers choose companies according to their eco-friendliness and sustainable business practices. The photovoltaic cells inside each panel absorb the sun’s rays and convert its electrons into electricity. Solar power is sustainable, and these systems can produce electricity for decades without harming the environment.
Since then, businesses unveiled more than $165 billion of clean energy manufacturing investments nationwide, according to data tracked by pro-clean energy research firm, Atlas Public Policy, and Utah State University. A GM spokesperson said the advanced manufacturing production tax credits “advance U.S. trillion over that time.
Nicholas Bloom, an economics professor at Stanford University, and his research collaborators published a paper in 2020 that examined the real R&D expenditures of semiconductor companies and equipment manufacturers and estimated that their annual research effort rose by a factor of 18 between 1971 and 2014. 5 Nicholas Bloom et al.,
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