Beijing-based automotive marketplace, TuanChe Limited, recently announced the establishment of an electric vehicle (EV) business unit as part of its efforts to enter the EV manufacturing sector by working with a diverse team of EV designers, R&D engineers and manufacturing executives. Guided by market research reports and trending data, the company plans to leverage its strong distribution network across more than 240 cities in China to bridge the gap in digital marketing for its EV brand

Opsys Tech, a developer of Pure Solid-State Scanning Microflash LiDAR, today announced a deal to supply LiDAR systems to South Korea-based leading auto parts supplier SL Corp. for inclusion in production vehicles as early as 2024 or 2025. SL Corp. is a global supplier to several major automakers. The SL Corp. deal is one of several deals Opsys Tech has secured to supply LiDAR systems for production vehicles within the next two to three years. The deals, all with large Asia-based sup

Magnachip Semiconductor Corporation announced today that the company is expanding its organic light-emitting diode display driver integrated circuit (OLED DDIC) product lineup by developing a next-generation OLED DDIC for automotive displays. In recent years, the use of electric vehicles, autonomous driving and connected cars has been increasing and it has driven the demand for automotive semiconductors, which are essential for the rapid advancement of infotainment and driving safet

As a longstanding leader in the luxury RV business, REV Recreation Group continues to set the bar for advancements in new 2022 models from its brands Fleetwood RV®, Holiday Rambler®, American Coach®, Renegade RV™, Midwest Automotive Designs™ and Lance®. From industry-first furnishings to lithium battery technology, the company is committed to providing its customers with leading innovation and design. “Our focus is to lead the recreation industry in

OMNIVISION, a leading global developer of semiconductor solutions, including advanced digital imaging, analog and touch & display technology, today announced at CES the latest addition to its groundbreaking Nyxel® near-infrared (NIR) technology family―the new OX05B1S is the automotive industry’s first 5 megapixel (MP) RGB-IR BSI global shutter sensor for in-cabin monitoring systems (IMS). With a pixel size of just 2.2µm, it offers 940nm NIR sensitivity for the best perfo

SMK Electronics Corporation, U.S.A. today announced several new additions to its family of robust electronic components for automotive manufacturing. Added to SMK’s current family of auto touch-panel controls, camera module solutions and high-speed connectors are In-Cabin Switches for Safety and Control, In-Cabin Ambient Lighting and BLE-Embedded products. (Learn more at Booth #52560 Venetian Expo, January 5th-7th, 2022, Las Vegas). “We are excited to announce recent new

Hyundai Motor Company today revealed its Plug & Drive (PnD) modular platform that enables mobility of traditionally inanimate things, from small objects to large community spaces, at CES 2022. At the event, the leaders of Hyundai Motor and Boston Dynamics presented a shared vision for robotics in both the real world and metaverse under the main theme of 'Expanding Human Reach'. Hyundai Motor also revealed its plans for creating an advanced mobility experience with an unl

Evolectric, a technology company specializing in electrified transportation and battery technology, announces partnership with computer vision platform leader, alwaysAI®, to trailblaze the transition from conventional combustion engines to electric motors and batteries. With alwaysAI, Evolectric will leverage the advanced power of computer vision applications and machine learning technology to accelerate the transition to electric vehicles (EV) globally. "The transition to

XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for December 2021 and the fourth quarter 2021. XPeng delivered 16,000 Smart EVs in December 2021, exceeding the monthly delivery benchmark of 15,000 units for the second consecutive month despite ongoing global supply chain challenges. The December deliveries represented a 181% increase year-over-year, demonstrating the Company’s solid business mo

RoboSense, a world's leading smart LiDAR system technology company, attended the 2021 BYD CEO annual meeting of investor enterprises and officially announced a strategic investment agreement and a strategic cooperation framework agreement with BYD. Chunxin Qiu, founder and CEO of RoboSense, and Chuanfu Wang, chairman and president of BYD attended the signing ceremony. RoboSense is a pioneer in the core technologies of LiDAR hardware, smart sensor software and chips. As the partn

Himax Technologies, Inc.a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced its universally adopted industry-leading timing controller (“TCON”), HX8880-D/E Series, will be showcased with various global dominant panel makers, Tier-1 suppliers, and major automotive partners at CES 2022 from January 5 to January 8 in Las Vegas. Himax HX8880-D/E Series features the state-of-the-art local dimming function that can support ult

TD Holdings, Inc.  a commodities trading service provider in China, today announced that it has entered into a strategic cooperation framework agreement (the "Agreement") on December 20, 2021 with Shanghai Eagsen Intelligent Technology Co., Ltd. ("Eagsen"), a leading company engaging in research and development ("R&D") of automotive informatization and intelligence. Pursuant to the Agreement, the Company and Eagsen agree to jointly develop the

Fisker Inc. passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions today announced it has signed a Memorandum of Understanding (MOU) with Bridgestone a global leader in tyres and rubber providing solutions for safe and sustainable mobility to provide comprehensive after-sales and related maintenance solutions in France and Germany. After recently selecting Bridgestone as the exclusive tyre partner for its upcoming Ocean all-electric

Volkswagen’s automotive software and technology company CARIAD and the geolocation technology specialist TomTom (TOM2) today announced that they are co-developing a best-in-class navigation product for the Volkswagen Group. The innovative product will combine TomTom’s expertise in hybrid navigation and industry-leading traffic services, with CARIAD’s competences in premium user experience and vehicle integration. This multi-year deal between TomTom and the Volkswagen Group c

Vroom, Inc. a leading ecommerce platform for buying and selling used vehicles , today announced an amendment to its inventory financing agreement with Ally Financial Inc.  a leading digital financial services company, to increase the line of credit to $700 million, up from $450 million previously. Ally’s extension of additional financing supports Vroom’s continued national growth, which is bringing about enduring change in the used vehicle industry. Ally has provide