Press Releases

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, and Jing-Jin Electric (JJE), a Chinese electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers, have signed a broad, global strategic collaboration partnership agreement to accelerate the development of industry-leading electrified powertrain solutions for global commercial vehicles.

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Faraday Future Intelligent Electric Inc. a California-based global shared intelligent mobility ecosystem company, today announced important new business initiatives at its annual “919 Futurist Day” held jointly at its headquarters in Los Angeles, California and in China on Sunday September 19th. Hundreds of attendees representing FF users, partners, car enthusiasts as well as global FF employees and family members gathered to celebrate FF’s successes, products, technologies,

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Magna International Inc. and Veoneer, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in connection with the previously announced acquisition of Veoneer by Magna. Pursuant to the agreement announced on July 22, 2021, Magna will acquire all of the issued and outstanding shares of Veoneer for $31.25 per share in cash, representing an equity value of $3.8 billion, and an enterprise value of $3.3 billi

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David Brooks, Chief Technology Officer von Cox Automotive, und Alwyn Joseph, Chief Revenue Officer von FPT USA, nahmen vor Kurzem an einem Interview teil um die Frage zu erklären: Welche Vorteile eine Konsolidierung von IT-Dienstleistern mit sich bringt. Lesen sie jetzt das spannende Interview: Beim innovativen IT-Beschaffungskonzept von Cox Automotive wird der Nutzen für die Zukunft des Unternehmens ein höhere Priorität zugeordnet als den Kosten. Dadurch kö

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MaxLinear, Inc. is demonstrating Molex LLC’s 400G-DR4 optical modules based on MaxLinear’s Telluride (MxL9354x) pulse-amplitude-modulation (PAM4) digital signal processors (DSPs) at the China International Optoelectronic Exposition (CIOE). (Photonteck Booth 6A01, September 16-18) The demonstrated 400G-DR4 optical modules join Molex’s complete line of data center connectivity products, providing solutions for optical interconnects across all tiers of the data center

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The Industry IoT Consortium®  announced the IIC Automotive Over-The-Air (OTA) Updates Testbed to show manufacturers how to deploy, update, and replace software on a fleet of vehicles or devices remotely. The testbed can make updates from almost anywhere, limiting updates to what is required and authorized, and ensures the safety and security of passengers by focusing on system trustworthiness: security, safety, integrity, privacy, and resilience. “The Automotive OTA U

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ROHM Semiconductor today announced new SerDes ICs (BU18xMxx-C series*) and a Power Management IC (PMIC) (BD86852MUF-C) ideal for vehicle satellite camera modules for Advanced Driver Assistance Systems (ADAS). The new products not only solve issues concerning the miniaturization and low power consumption of modules, but also provide features such as low electromagnetic noise (EMI) that reduces development time. ADAS applications are using a combination of devices that perform differe

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Alex Purdy, Ford’s director of Business Operations, Enterprise Connectivity, will participate in a fireside chat with autos analyst Chris McNally at the Evercore ISI Autotech & AI Forum at 11:00 a.m. ET on Wednesday, Sept. 22. Purdy will discuss how the company is delivering on the Ford+ plan to drive growth in connected services. He’ll explain how Ford is doing that by building software capabilities and partnering with other tech companies to develop always-on custo

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Group 1 Automotive, Inc. an international, Fortune 500 automotive retailer with 188 dealerships located in the U.S., U.K., and Brazil, today announced it has entered into a definitive agreement to purchase substantially all the assets, including real estate, of Prime Automotive Group (the "Seller"), headquartered in Westwood, Massachusetts.  In 2020, the corresponding Prime dealerships generated $1.8 billion in annual revenues and retailed over 52,000 new and used vehicles. &nb

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Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and OmniVision Technologies, Inc., a leading developer of advanced digital imaging solutions, today introduced an integrated reference design for a High Definition automotive camera system. The new design features Renesas’ recently introduced Automotive HD Link (AHL) technology that transmits high-definition video over low-cost cables and connectors. The AHL components in the design pair with OmniVi

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Today, Aurora shared the first look at the Aurora-powered Volvo VNL—Volvo’s flagship long-haul truck, integrated with the Aurora Driver’s sensor suite. This prototype is the first of the Volvo VNL fleet to be designed to operate with the Aurora Driver and represents a significant step as Aurora and Volvo begin building commercial L4 Class 8 trucks at scale for Volvo’s North American customers. Developing a self-driving truck with Volvo that’s both relia

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Maxion Wheels, the world’s largest wheel manufacturer, today debuted it’s 64 lb., Tough and Light steel truck wheel from its booth 4057 during the TMC21 Fall Meeting in Cleveland, Ohio. The company unveiled the wheel concept in late 2019, and today announces it is in production from Maxion’s San Luis Potosí, Mexico, commercial vehicle steel wheels plant. Fuel Efficiency and Increased Payload Possible with Tough and Light Wheel Weig

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Ouster, Inc.  a leading provider of high-resolution digital lidar sensors for the industrial, automotive, smart infrastructure, and robotics industries, announced today that it has signed a Strategic Customer Agreement with Juzhen Data Tech, a technological leader in the research and development of new energy delivery vehicles, autonomous delivery vehicles and last-mile automated delivery services. Ouster expects to supply 1,190 digital lidar sensors through 2025 for Juzhen’s next-

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PPG  announced today that a phased rollout of PPG LINQ ™ - the pioneering, new, seamless digital solution for customers in the vehicle repair industry - will begin worldwide. Using its broad, cross-industry expertise as the world's leading provider of automotive coatings and digital color matching technologies, PPG developed an industry-leading connectivity platform designed to optimize all aspects of the customer experience, partner relationships and repair shop oper

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Li-Cycle Holdings Corp. an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that the Company will build a fourth commercial lithium-ion battery recycling facility, to be located in Tuscaloosa, Alabama. With the pace of deployment of new battery mega-factories far exceeding initial expectations, Li-Cycle will construct an additional fourth Spoke in North America (“Spoke 4”). The Company

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