Press Releases
16 January 2021
Wipro Limited, a leading global information technology, consulting, and business process services company, announced that it has been chosen as a strategic technology services partner by Fiat Chrysler Automobiles (FCA) to establish its first Global Digital Hub in Hyderabad, India. This digital hub, called FCA ICT India, will support FCA’s Information and Communication Technology operations to focus on delivering premium mobility services and help FCA achieve its goal to enhanc
Read more...15 January 2021
AutoGrid, the market leader in AI-powered flexibility management software for the energy industry, announced that it was awarded $2.25 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E). The funding will be used to significantly increase the scalability and electric vehicle (EV) management capabilities of AutoGrid’s award-winning, artificial intelligence-powered Flex™ Virtual Power Plant (VPP) platform. “
Read more...15 January 2021
DeepRoute.ai, a global level 4 self-driving solution provider, announced it will be showcasing innovative technologies at the 2021 Consumer Electronics Show (CES), including an inference engine, DeepRoute-Engine, its second-generation all-in-one sensing solution, and human-like planning. “DeepRoute has made exciting progress over the past year, and we look forward to presenting our latest solutions to a world-class audience at CES,” said Nianqiu Liu, Vice President of De
Read more...Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced its collaboration with Microsoft to accelerate the development of connected vehicles. Renesas’ R-Car Starter Kit, based on Renesas’ R-Car automotive system-on-chip (SoC), is now available as a development environment for the Microsoft Connected Vehicle Platform (MCVP). MCVP combines a partner ecosystem with a horizontal platform of Azure cloud, AI and edge services on top of wh
Read more...13 January 2021
Arcimoto, Inc.®, makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, announced that it has joined the Zero Emission Transportation Association (ZETA), a national coalition of more than forty businesses advocating for 100 percent electric vehicle sales by 2030. “We stand at a pivotal point in history, and if we are to create a better world for ourselves and future generations, we need to start right now with a rational, cohe
Read more...12 January 2021
Ford Motor Company announced it will serve customers in the South America region with a portfolio of exciting connected and increasingly electrified SUVs, pickups and commercial vehicles sourced from Argentina, Uruguay and other markets, as Ford Brazil ceases production operations in 2021. Ford will serve the region from its global product portfolio, including some of its most popular vehicle lines such as the all-new Ranger pickup built in Argentina, new Transit van, Bronco and Mus
Read more...12 January 2021
PPG announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first half of 2021, subject to customary closing conditions. “Wörwag’s industry expertise in powder and liquid coatings for industrial and automotive applications is highly complementary to PPG’s business, and will help to further expand our product offer
Read more...Hongqi Exhibition Hall in Kuwait opened, and three models H9, H5 and HS5 were launched for Kuwaiti users. H9 makes its debut in Kuwait, which is its second debut in the Middle East after its release in Dubai. The opening ceremony was held live online, which enabled its consumers to appreciate the charms of Hongqi products at home. Cheng Yongru, Economic and Commercial Counselor of Chinese Embassy to Kuwait, attended the event at the invitation and cut the ribbon together with Mr. Al
Read more...Autonomous technology provider EasyMile and smart processor provider Kalray have consolidated their relationship by signing a Memorandum of Understanding (MoU) formalizing their relationship to develop systems smart. The association comes about after their collaboration in the collective ES3CAP project of 10 partners, led by Kalray and announced in 2019. The ES3CAP program, with a budget of 22.2 million euros and a duration of 3 years, aims to develop a hardware and software platfor
Read more...8 January 2021
HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on connected technologies for automotive, consumer and enterprise markets,advanced its vision and industry support of Experiences Per Mile by unveiling a series of new mobility experiences that have never before existed in the vehicle. Through extensive consumer insights, HARMAN uncovered unmet needs and pain points that exist for consumers today by unveiling three new HARMAN experience concepts – or ExPs &ndash
Read more...7 January 2021
Lightning eMotors, a leading provider of commercial electric vehicles for fleets, today announced a $45 million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. The first zero-emission motorcoach was delivered in December. The order includes a mix of new vehicles manufactured by Lightning eMotors, as well as new zero-emission powertrain systems developed by Lightning eMotors to be upfit by ABC Companies into customers&
Read more...6 January 2021
Cox Automotive has acquired Fyusion, a computer vision company and leader in immersive vehicle imaging solutions for automotive and other industries. This acquisition will deepen the collaboration between Manheim and Fyusion, which have worked together for years to give clients the wholesale industry's best mobile imaging and condition capture tools in the Manheim ExpressTM app. "Anywhere a car can be imaged, we believe the new technologies that Cox Automotive and Fy
Read more...6 January 2021
Hendrickson Truck Commercial Vehicle Systems announced today that it has partnered with Navistar to offer HAULMAAX® EX as a part of the chassis enhancements of the International® HX. “Just like the newly redesigned International HX Series, Hendrickson took a great suspension and made it better,” said Mark Stasell, vice president Vocational Truck Business, Navistar. “The HAULMAXX EX delivers improved performance and durability, which helped our team de
Read more...5 January 2021
Xpeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, has collaborated with Livox, a leading lidar maker, to deploy its automotive-grade lidar technology in Xpeng’s new production model in 2021. Livox is Xpeng’s first partner in lidar technology. Livox has customized its Horiz sensor (the automotive-grade version of its Livox Horizon) for Xpeng, not only meeting automotive-grade requirements but also delivering cost efficiency and reliabi
Read more...5 January 2021
Fenix Parent LLC, operating as Fenix Parts (“Fenix Parts”), a leading recycler and reseller of original equipment manufacturer automotive parts, announced today the closing of the acquisition of the assets of All Pro Auto Parts in Auburndale, Florida. This is the second acquisition completed by Fenix Parts since the company was acquired by affiliates of Stellex Capital Management LP in April 2018. All Pro Auto Parts is a full-service automotive recycling facility servici
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