Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, has developed an integrated system that dynamically improves the vehicle display contrast ratio. The company’s solution uses proprietary advanced algorithms to control the full array local dimming display. A matrixed array of LEDs behind the image plane are individually controlled to deliver luminance where needed, optimize pure-black content, and drastically reduce power requirements.

EAVX, a subsidiary of JB Poindexter & Co , and REE Automotive , an automotive technology leader and provider of electric vehicle platforms, today announced the companies’ new fully electric walk-in step van prototype will begin customer evaluation this summer. The class 5 vehicle debuts the EAVX body design powered by REE’s modular P7 platform, making it the first fully drive-by-wire walk-in van on the market. Evaluations of the new electric walk-in step van will tak

Oil-Dri Corporation of America  today announced that it will implement price increases on its industrial and automotive absorbents, effective October 1, 2022.  These price increases will range from 15% to 20%, depending on the product. Oil-Dri must implement these pricing actions in order to offset significant inflation on diesel, mining, maintenance and repairs, natural gas, packaging, and other non-fuel manufacturing costs, including labor. Additionally, capital improvem

Materion Corporation , a world leader in high-performing advanced materials, announced today that it has established a new facility in Milwaukee, Wisconsin to accelerate the growth of advanced chemical solutions for the semiconductor and electric vehicle (EV) battery markets. The new 150,000 square foot facility expands the company’s capacity to produce Atomic Layer Deposition (ALD) materials for the most sophisticated semiconductor chips and provide advanced chemicals for the

Walser Automotive Group’s first-ever class of scholarship winners are thinking big when it comes to their future. Potential careers in law, hospitality, cyber security, occupational therapy, and entrepreneurship are on the horizon for the five winners of Walser’s Driven To Succeed Scholarship Program. The program, which launched in May 2022, is funded by the Walser Foundation, and supports children and dependents of Walser employees with tuition assistance in the amount

NextFlex®, America’s Flexible Hybrid Electronics (FHE) Manufacturing Institute, today announced the formation of a new Institute Node in Missouri aimed to increase the volume, pace and coordination of FHE development. The new Node joins two previously established Nodes in New York and Massachusetts, demonstrating the momentum in FHE adoption across the nation. Nodes are designed to foster collaboration and benefit NextFlex members by providing access to facilities, equipme

The Symbiosys Alliance, a collaborative interconnect technologies group chartered to foster synergetic solutions between its members, today announced that it will participate in its first public event at Flash Memory Summit (FMS) in Santa Clara, CA, USA from Aug. 2-4, 2022 . The alliance includes eight technology companies covering a range of markets, including semiconductors, data storage, IoT, cloud computing, consumer electronics, automotive, aerospace, and medical. All eight inaugural mem

Cenntro Electric Group Limited, a leading EV technology company with advanced, market-validated electric commercial vehicles, announced today that it had signed a non-binding term sheet to make a strategic investment in Antric GmbH, a German-based e-cargo designer, representing twenty-five percent (25%) of Antric’s total outstanding shares. The aggregate investment of EUR 2,500,000 ($2,550,000 USD) consists of approximately EUR 1,250,000 (approximately US$1,275,000) in cash and EUR 1,25

Kia America has earned three J.D. Power Automotive Performance, Execution and Layout (APEAL) awards, including one for the all-new EV6, Kia's first dedicated EV and first step toward the brand's transformative 'Plan S' global electrification strategy. The electric crossover took the top spot in the Compact SUV segment, while the Carnival MPV and K5 each won their respective segments. The announcement follows the Forte being crowned number one in the compact car segment in the

Mindtronic AI , a Taiwan-based startup, unveils the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world. This technology ushers in the future of mobility, and celebrates the company's fifth CES Innovation Award win since 2018. Mindtronic AI will be showcasing its technology at the Taiwan Tech Arena Pavilion at 2022 CES. Auto technology to monitor and analyze Working with te

Compound Eye, a leading developer of software for 3D sensing and perception, announced early access to its VIDAS Development Kit. VIDAS generates dense 3D outputs and per-pixel semantic class across a diverse set of on-road and off-road environments using only scalable, passive sensors like automotive-grade cameras. VIDAS measures accurate depth without requiring lidar or radar. VIDAS enables vehicles to understand their surroundings in dense 3D and in real time, with applications f

E.C.D. Automotive Design, the world’s largest restoration company specializing in revamping Classic Defenders, original Range Rover Classics and vintage E-Types into bespoke luxury builds, today introduces an exciting new offering: Special Editions. Whereas an E.C.D. custom-designed build entails a full design phase where the client selects every aspect of the vehicle from the ground up, Special Editions offer high-quality, pre-selected specifications developed by E.C.D.’s expert

Kaixin Auto Holdings  announces today that it has launched the brand "TECROLL" for its new energy commercial vehicles and delivered the first electric logistics truck. New energy commercial vehicle is the focus of Kaixin’s new energy vehicles business endeavor. Tecroll stands for "exploring the infinity and reaching the goal", symbolizing a journey of continuous progress and inclusion. The first model of Tecroll is an electric logistics truck, and Kaix

Upstart, the AI lending marketplace, today announced it has been named the fastest growing auto retail software in the U.S. for Q2 2022, according to data released by Automotive Market Data. From April to June, nearly 240 dealerships went live using Upstart Auto Retail, which was the highest level of growth among dozens of auto software platforms in the survey.1 "Our market data shows Upstart Auto Retail had the highest net growth in dealer count in the second quarter of this y

The ZeroSum Market First Report is the automotive industry's first source to predict month-end vehicle movement, providing vital supply and demand trend data to automotive marketers and dealers. ZeroSum uses predictive modeling to accurately estimate new vehicle inventory, pricing trends, and market share.  ZeroSum data shows that new vehicle inventory has decreased 1.81% since the start of June while used vehicle inventory increased over 2.5%. As a result, average new car