Kensington Capital Acquisition Corp. IV and Amprius Technologies, Inc.  today announced that they have determined the exchange ratio to be approximately 1.45590 (the "Exchange Ratio") as of the anticipated date for Closing (as defined below) in accordance with the terms of the Business Combination Agreement, dated as of May 11, 2022 (the "Business Combination Agreement"), among Kensington, Kensington Merger Sub Corp., a Delaware corporation and a wholly owned subsidia

inTEST Corporation , a global supplier of innovative test and process solutions for use in manufacturing and testing in key target markets which include automotive, defense/aerospace, industrial, life sciences, security, and semiconductor, will feature its solutions for Electric Vehicle (EV) OEMS, EV battery manufacturers and other battery technologies at The Battery Show North America,  Acculogic STINGRAY EVO500 Battery Interconnect Test System; Learn more at Booth #17

Sonic Automotive, Inc. a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest Retail Hub in Roseville near Sacramento, California. EchoPark Sacramento is the brand’s second location in California. To date, EchoPark has 41 Retail Hubs and Delivery Centers across 21 states, and is continuing its expansion toward a nationwide distribution network

Atlis Motor Vehicles (Atlis), a vertically integrated start-up EV company developing an electric work truck and the batteries and motors to drive it, announces today the signing of a collaborative agreement with ArcelorMittal, the leading producer of automotive steels, to help speed its product development. Under the agreement, Atlis will use ArcelorMittal’s steel materials knowledge and S-in motion® solutions to accelerate its vehicle design. Atlis will use ArcelorMittal&

Group 1 Automotive, Inc. an international, Fortune 300 automotive retailer with 205 dealerships located in the U.S. and U.K., today announced the expansion of its U.K. operations with the acquisition of a BMW/MINI dealership and a collision center in the town of Southend located east of London in the county of Essex.  This location is contiguous with several other existing automotive dealerships currently owned and operated by Group 1 Automotive in the U.K and increases the Company's

Innoviz Technologies , a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, and its strategic partner HiRain Technologies, a leading Tier 1 solutions provider for the Chinese automotive market, today announced the deployment of InnovizOne LiDAR sensors at ports across China, including on HiRain's autonomous trucks and AGVs. The first deployment started in RiZhao port, with both parties planning to expand the project to additional ports.

According to the recent published report at Fact.MR, the global in-vehicle AI robot market is estimated at US$ 38.8 million in 2022. The market is predicted to reach a valuation of US$ 190.7 million by 2032, expanding at a stupendous CAGR of 17.3% over the decade. In past years, only 5%-10% vehicles has AI installed in their systems; however, technological advancements has flipped the market scenario, as a result of which, today, almost all vehicles come with AI installed. As the gl

The "Global Automotive Electronic Control Unit Market Size, Share & Trends Analysis Report by Application (Powertrain, ADAS & Safety System), by Propulsion, by Capacity, by Vehicle, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The global automotive electronic control unit market size is expected to reach USD 156.0 billion by 2030. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. Growing de

Benefiting from the upgrade of market consumption and the improvement of people's requirements for driving experience, a smooth smart cockpit experience has gradually become a mainstream demand in the automotive market. In response to this trend, Quectel recently launched a new SiP packaged smart cockpit module AG855G. This product is developed based on Qualcomm's third-generation automotive-grade smart cockpit chip SA8155P, which can support higher computing power and smooth intellig

WeaveGrid, a software company that builds data products to enable increased adoption of electric vehicles, announced the launch of evPulse, a new pilot program available to eligible Northern and Central California electricity customers who are electric vehicle (EV) drivers. evPulse optimizes EV charging and helps increase EV driver preparedness in communities that may experience power outages due to weather, wildfire risk, or other emergencies. The evPulse pilot program, which Weave

RoboSense, a global leader in intelligent LiDAR sensor systems, announced today that it will offer LiDAR for Great Wall Motor's DHT-PHEV LiDAR Edition of the WEY Mocha. On the same day, the WEY Mocha DHT-PHEV LiDAR Edition was officially launched at the 25th Chengdu International Auto Show. Based on WEY's Mocha DHT-PHEV LiDAR Edition, RoboSense, together with Haomo.AI and Qualcomm, developed the NOH urban driving assistance solution for WEY. RoboSense's second-generation

Kia has ranked second among mass market brands in the J.D. Power 2022 Tech Experience Index (TXI) Study. The new study rates advanced technologies in new vehicles with an innovation score and Kia continued its strong momentum following high ranks in the J.D. Power 2022 Vehicle Dependability Study (VDS) and Automotive, Performance, Executive and Layout (APEAL) study with a place among the eight most innovative brands. "Kia is still beaming over its impressive rankings in the J.D

L&T Technology Services Limited , a leading global pure-play engineering services company, announced today that it has won a 5-year, multi-million-dollar deal from European luxury vehicle maker BMW Group to provide high-end engineering services for the company’s suite of infotainment consoles targeted for its family of hybrid vehicles. The large deal was awarded to LTTS because of its deep domain expertise and engineering leadership in transportation technologies and LTTS&

REE Automotive Ltd.  an automotive technology leader and provider of electric vehicle (EV) platforms, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase Class A ordinary shares of the Company, without par value (the “Class A ordinary shares”), which warrants trade on the Nasdaq Stock Market (“Nasdaq”) under th

Mullen Automotive, Inc.  an emerging electric vehicle (“EV”) manufacturer, announces today a collaboration with TRE GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program. Mullen is currently working with engineering partner ARRK to finalize the structural layout for the Mullen FIVE with computer-aided engineering (CAE) simulation loop. The program is on track to finish engineering development next year as originally pla