Press Releases

STMicroelectronics , a global semiconductor leader serving customers across the spectrum of electronics applications, has unveiled new automotive microcontrollers (MCUs) optimized for electric vehicles and centralized (domain and zonal) electronic architectures. They enable EVs to become more affordable, drive further, and charge faster. In current EVs, high-efficiency SiC-based (silicon carbide) power modules enable the greatest driving range and faster charging. Until now, they ha

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High-speed, low-latency connectivity solutions for distributed, heterogenous compute systems are a fundamental element in next-generation autonomous driving applications. Microchip Technology Inc. (Nasdaq: MCHP) is announcing the market’s first Gen 4 automotive-qualified PCIe® switches. These Switchtec™ PFX, PSX, and PAX switch solutions provide cutting-edge compute interconnect capabilities for Advanced Driver-Assistance Systems (ADAS). “Our automotive-qualifi

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The Lion Electric Company , a leading manufacturer of all-electric medium and heavy-duty vehicles, today announced that it has entered into an agreement with Cox Automotive Mobility to provide rapid response service to Lion customers throughout the United States. The partnership comes following a successful pilot program between the two companies that began in 2021. The agreement gives Lion customers access to Cox Automotive Mobility's 25 maintenance service centers, more than 1

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Quanergy Systems, Inc., a leading provider of OPA-based solid-state LiDAR sensors and smart 3D solutions for automotive and IoT, announced today that in Q4, 2021 the company secured orders for over 1,000 sensors for a broad range of IoT applications. Quanergy smart LiDAR solutions, coupling high-performance, long-range LiDAR sensors with highly accurate perception software, are disrupting several IoT markets by providing advanced security for critical infrastructures, next generatio

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Renesas Electronics Corporation , a premier supplier of advanced semiconductor solutions, and AVL, the leading company in development, simulation and testing in the automotive sector, today announced their collaboration to deliver customer support for the development of electronic control units (ECUs) that comply with the ISO 26262 international standard for automotive functional safety. Under this collaboration, AVL will provide comprehensive support for the development of complex and specia

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Velodyne Lidar, Inc.  today announced its Automated with Velodyne (AwV) program now has 100 partner companies working to commercialize next-generation autonomous solutions using Velodyne’s lidar sensors and software. The milestone demonstrates Velodyne’s continued commitment in fostering the global marketplace and innovating lidar-based solutions that advance autonomy, safety and sustainability in a diverse range of industries. As the lidar ecosystem continues to gr

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LMP Automotive Holdings, Inc.  an e-commerce and facilities-based automotive retailer in the United States, today announced its board of directors approved an immediate pursuit of strategic alternatives including a sale of the company. Sam Tawfik, LMP’s Chief Executive Officer, stated, “The Company intends to terminate all of its pending acquisitions in accordance with the terms of their respective acquisition agreements, primarily due to the inability to secure fin

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Fisker Inc. passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – is now accepting reservations for its second product, the Fisker PEAR, opening the door to the Personal Electric Automotive Revolution. The all-electric Fisker PEAR blends sustainability, technology, and design into a digitally connected, compact, five-passenger urban EV. Featuring intuitive controls, sporty driving, clever storage, and a focus on industry fir

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Wallbox , a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced a strategic partnership with NAPA AUTO PARTS, a brand of Genuine Parts Company (NYSE:GPC) and a premier retail auto parts reseller in the U.S. NAPA AUTO PARTS stores will be an authorized dealer of Pulsar Plus, Wallbox’s award-winning smart home EV charger, online and in-store at more than 6,000 locations across the United States and Canada. Pulsar Plus is available

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The "Automotive Multi-Wheel Drive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global automotive multi-wheel drive market reached a volume of 15.2 Million Units in 2021. Looking forward, the publisher expects the market to reach 20.4 Million Units by 2027, exhibiting a CAGR of 4.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuo

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Power Integrations, the leader in high-voltage integrated circuits (ICs) for energy-efficient power conversion, today announced the addition of two new AEC-Q100 qualified, 1700-volt rated ICs to its InnoSwitch™3-AQ family. The new devices are the industry’s first automotive-qualified switching power supply ICs to incorporate a silicon carbide (SiC) primary switching MOSFET. Delivering up to 70 watts of output power, the new ICs are targeted for use in 600- and 800-volt battery and

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Advance Auto Parts , a leading automotive aftermarket parts retailer, announced that its DieHard brand is the world’s first automotive battery to receive circular economy validation as validated by UL. The validation applies to DieHard’s line of Absorbent Glass Mat (AGM) batteries manufactured by Clarios, a global leader in advanced battery technologies and energy storage solutions. UL’s team of experts used a science-based, mass balance approach within i

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Renault Group, Valeo and Valeo Siemens eAutomotive announce that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France of a new-generation automotive electric motor, eliminating the use of rare earths. The three partners will combine their know-how and recognized expertise to design a unique electric powertrain system that is unparalleled worldwide, offering more power on less energy, without the use o

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Sensata Technologies, today announced its Tire Pressure Monitoring Systems have been selected by multiple commercial tractor and trailer manufacturers to meet new and emerging vehicle standards and regulations worldwide. The need for TPMS on commercial tractors and trailers is on the rise as safety regulations in Europe and China, as well as greenhouse gas (GHG) emissions and fuel efficiency standards in the US, approach their respective deadlines. Specifically designed fo

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Korean auto brands Kia, Genesis and Hyundai earn three of the top four rankings in the newly redesigned J.D. Power 2022 U.S. Vehicle Dependability StudySM (VDS), released today. Buick and Toyota also make the list of the brands with the fewest reported problems after three years of ownership. “Many owners are holding on to their vehicles longer, so long-term dependability is even more critical,” said David Amodeo, director of global automotive at J.D. Power. “Some

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