Press Releases

ON Semiconductor, today announced that its image sensing and LiDAR technologies power key functions of AutoX’s Gen5 self-driving platform. Revealed at the World Artificial Intelligence Conference, the new Gen5 autonomous vehicle technology enables the first fully driverless RoboTaxi, designed to democratize autonomy and provide universal access to the transportation of people and goods. “In our quest to bring our Level 4 autonomous RoboTaxi to the market, ON Semiconducto

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AEye, Inc., the global leader in adaptive, high-performance LiDAR solutions, today announced a development partnership with global self-driving technology company, TuSimple. TuSimple is working with VW’s TRATON Group to develop a commercial-ready fully autonomous system for heavy-duty trucks, and is co-developing Level 4 self-driving trucks with Navistar, targeting production in 2024. TuSimple selected AEye as a development partner based on AEye LiDAR’s extreme long-range performa

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Cummins Inc. has taken another step forward in advancing zero carbon technology as the company began testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins’ existing technology leadership in gaseous-fuel applications and powertrain leadership to create new power solutions that help customers meet the energy and environmental needs of the future. “Cummins is thrilled about the potential of the hydrogen engine to reduce emiss

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REE Automotive (REE), a leader in e-Mobility, which is in the process of closing its merger with 10X Capital Venture Acquisition Corp., today announced a strategic collaboration with EAVX, a wholly owned business unit of JB Poindexter & Co (JBPCO). The JB Poindexter business enterprise includes commercial work truck bodies and accessory industry leaders Morgan Olson, Morgan Corporation, Reading, Truck Accessories Group, and Masterack. REE and EAVX will collaborate to develop best-in-class

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Electric Last Mile Solutions, Inc., a designer of intelligent, e-mobility workstations for the last mile, today announced that it has signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry Co., Ltd., a supplier of automotive components and one of China’s leading automotive manufacturers of electric cargo vans and light duty specialty vehicles. Under the agreement with Wuling Motors, ELMS will have long-term access to EV component systems and parts

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Ampcera Inc., an innovator in solid-state electrolyte and battery technologies, announces its Phase I Small Business Innovative Research (SBIR) grant from the U.S. Department of Energy (DOE) Vehicle Technologies Office for the development of a lithium dendrite suppressing solid-state electrolyte membrane for lithium metal batteries using a high-throughput scaled manufacturing approach. In addition, Ampcera recently received private investment to fund further development. Ampcera is

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ATLIS Motor Vehicles, Inc. (ATLIS) announced a $300 million capital commitment from GEM Global Yield, LLC SCS (GGY), a Luxembourg-based private alternative investment group. Under the agreement, GEM will provide ATLIS with a Share Subscription Facility of up to $300 million for a 36-month term following the public listing of ATLIS's common stock. ATLIS will control the timing and maximum amount of each drawdown under the facility and has no minimum drawdown obligation. Concurren

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MAPFRE, the largest auto insurer in Massachusetts, today launched MotionSmart℠, a usage-based insurance (UBI) program available to new MAPFRE policyholders in Massachusetts. Developed in partnership with Cambridge Mobile Telematics (CMT), the largest telematics company in the world, MotionSmart assesses users’ driving behaviors and provides personalized safe-driving tips, based on real-time behavior. New MAPFRE policyholders who participate in the program will receive a disc

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Cummins Inc. and Rush Enterprises, Inc. today announced that they have signed a Letter of Intent for Cummins to acquire a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The proposed transaction is expected to close later this year, subject to completion of customary pre-closing activities and entering into mutually agreeable transaction documentation. The joint venture between Rush Enterprises and Cummins will produce Cummins-branded natural gas fuel delive

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Smart Eye, the leader in AI-based eye tracking, announced that it has completed its acquisition of Affectiva, the pioneer of Emotion AI and Human Perception AI, per the agreement that was announced on May 25, 2021. The newly merged company has formed a global AI powerhouse that will lead and accelerate the growth and development of software for automotive Interior Sensing, Media Analytics, Human Factors Research and other adjacent markets. Post-closing, Smart Eye and Affectiva are f

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Embark Trucks, Inc., a leading developer of autonomous software technology for the trucking industry and Northern Genesis Acquisition Corp. II, a publicly-traded special purpose acquisition company, jointly announced today that they have entered into a definitive business combination agreement that will result in Embark becoming a publicly listed company. Founded in San Francisco by CEO Alex Rodrigues and CTO Brandon Moak, Embark is a leading developer of software for self-driving t

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Hyundai Motor Manufacturing Alabama (HMMA) celebrated the launch of the all-new 2022 Santa Cruz Sport Adventure Vehicle on Tuesday, June 22, 2021. The Santa Cruz joins the Sonata and Elantra sedans and Santa Fe and Tucson SUVs on the Montgomery assembly line. This addition marks the first time HMMA has produced five vehicles at once. The highly-anticipated Santa Cruz Sport Adventure Vehicle shatters both SUV and truck segments, creating an entirely new vehicle category. The Santa Cr

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KLA Corporation announced the launch of four new products for automotive chip manufacturing: the 8935 high productivity patterned wafer inspection system, the C205 broadband plasma patterned wafer inspection system, the Surfscan® SP A2/A3 unpatterned wafer inspection systems and I-PAT® inline defect part average testing screening solution. The automotive industry is focused on innovations in electrification, connectivity, advanced driver assistance and autonomous driving. This means v

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Parade Technologies, Ltd., a leading high-speed interface, video display, and touch controller IC supplier, today announced the availability of its PS8461 retimer device in an automotive grade, the PS8461V. Using a retimer function, the PS8461V provides jitter cleaning of a DisplayPort™ video transport to increase signal reach, improve data reliability, and increased resilience to crosstalk and other electrical interference. The PS8461V is AEC-Q100 grade 2 certified with a -40° to 1

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Toyota Research Institute (TRI) unveiled new robotics capabilities aimed at solving complex tasks in home environments. Specifically, TRI roboticists were able to train robots to understand and operate in complicated situations that confuse most other robots, including recognizing and responding to transparent and reflective surfaces in a variety of circumstances. As TRI demonstrates in a new video, this robust system allows robots to make generalizations in a range of scenarios, in

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