Press Releases

Menta will showcase a joint demo board with Everspin Technologies, the world’s leading provider of Magnetoresistive non-volatile memory (MRAM), at Embedded World in Nuremberg Germany from June 21-23. Everspin's EMxxLX STT-MRAMs combines ten-year data retention, virtually infinite write endurance, and 200MHz DTR frequency over the full industrial temperature range from -40 to 85°C. With the new EMxxLX STT-MRAM, sampling now, Menta and Everspin Technologies combine the e

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Wejo Group Limited, a global leader in Smart Mobility cloud and software analytics for connected, electric and autonomous vehicle (AV) data, today announced its breakthrough smart platform, Wejo Autonomous Vehicle Operating System (AV-OS). AV-OS is set to rapidly accelerate the development and adoption of AVs for the world’s leading automakers and fleet developers by opening up and democratizing access to connected vehicle data (CVD). Announced at MOVE 2022, held at London&rsq

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VOLTERRA Motors (“VOLTERRA” or “the Company”), a US based Electric Powersports Manufacturer developing technologically advanced and sustainable transportation alternatives for global markets, today announces its recent spin out from UM Motorcycles and confirms the upcoming launch-ready vehicle line-up. Given the severe environmental impact from burning fossil fuels as well as the increasing financial toll of rising gasoline prices, electric vehicles have beco

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Tata Elxsi, a global leader in design and technology services, and mimik Technology Inc., a pioneer in hybrid edge cloud technology and business solutions, today announced a partnership to address opportunities created by the growing availability of 5G networks and mobile edge computing platforms. The partnership will enable Tata Elxsi to bring to market pre-integrated solutions for smart content delivery networks (CDN) and media distribution, including over the top (OTT) video delivery, mult

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Carvana , the industry pioneer for buying and selling used cars online, is recognized as the No. 2 automotive brand in the U.S. as designated by Forbes 2022 Most Customer-Centric Companies List. This recognition lands on the heels of Carvana also being named by Forbes as the No. 1 large employer in the Retail and Wholesale industry and one of America’s best employers for diversity in 2022. Landing atop the list of most customer-oriented auto companies reinforces Carvana’s leadersh

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Auto Parts 4Less Group, Inc.  announced that they’ve completed the implementation of PWA technology on their automotive parts marketplace website AutoParts4Less.com. This significant technological advantage adapts to users’ new expectations by allowing customers to download the website as an app on most all major platforms. Simply put, a PWA is a website with all the benefits of an app, including a faster, more reliable, and engaging version of your website or eComm

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While great strides have been made in automotive commerce through the digitization of technology workflows and customer-facing retail transaction elements the past several years, there remains a great deal of work to do on the less glamorous, back-end parts of processes involving dealers, lenders and an increasingly digital-demanding customer population. Even those who employ some digitized processes can suffer from a fragmented system, using disparate technologies and platforms that severely

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Real-Time Innovations (RTI), the largest software framework company for autonomous systems, today announced its second virtual Automotive Forum to be held on June 28. This 90-minute virtual forum will feature panels and sessions with RTI executives and automotive experts as they explore the role of interoperability and industry standards, as well as the dynamic role that future Next-Gen E/E architectures will play in modern vehicle design. Event attendees will also be the first to hear about

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Kaskela Law LLC announces that a class action lawsuit has been filed against Mullen Automotive, Inc. on behalf of investors who purchased shares of the company’s securities between June 15, 2020 and April 6, 2022, inclusive  According to the complaint, throughout the Class Period, Mullen and certain of the company’s executive officers failed to disclose material information to investors concerning the company’s business, operations, and financial results. Amon

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STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announces a new platform to accelerate the introduction of digital car keys giving consumers keyless access to vehicles via their mobile device. In addition to strengthening security, digital car keys can deliver greater owner conveniences including customizable usage privileges while continuing to secure the vehicle. Activities such as car sharing, fleet

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RoboSense, a world-leading provider of Smart LiDAR Sensor Systems, today announced strategic partnership with WeRide, a global leading Level 4 autonomous driving technology company. This partnership will assist WeRide in accelerating its on-board application of automotive-grade smart solid-state LiDAR and speed up the large-scale series production and commercial application of autonomous driving technologies. Chunchao Qiu, co-founder and executive president of RoboSense, commented o

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Electric Last Mile Solutions, Inc.  a pure-play commercial electric vehicle ("EV") company that has been focused on redefining productivity for the last mile, today announced the Company plans to file for Chapter 7 bankruptcy. In February 2022, following the resignations of Jim Taylor, the Company's former Chief Executive Officer, and Jason Luo, the Company's founder and former Executive Chairman, the Company appointed Board member Shauna McIntyre as interim C

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Van Horn Automotive Group announced the launch of CloudLot at ShopCloudLot.com, a 100% online car buying experience for pre-owned vehicles. CloudLot puts the customer in full control of their deal from picking the car, to scheduling delivery, and everything in between. Deals are estimated to the penny, down payments can be accepted, and signatures can be done securely online. Van Horn has been active in the online space for several years, and has always looked for new ways to make t

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A full 20 percent of new personal vehicles and transport vehicles will be zero-emission by 2026. Rising fuel prices have given Canadians another reason to purchase electric vehicles. According to research by AutoTraders, two-thirds of Canadians are now considering going electric for their next vehicle purchase. However, most interested buyers are unable to obtain an electric vehicle, according to EV online sales platform Carnex CEO Bruce Wu, Long wait times

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Cerence Inc. AI for a world in motion, today announced that its Cerence Co-Pilot in-car assistant solution was honored with an Informa Tech Automotive Award, taking home the award for Cockpit of the Future Product of the Year. Cerence Co-Pilot, a first-of-its kind, multi-modal driving experience, transforms the automotive voice assistant into an intuitive, AI-powered companion that can support drivers like never before. As Cockpit of the Future Product of the Year award winner, Cere

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