Press Releases
Topcon Positioning Group announces a new option for Caterpillar Next Gen excavator users to leverage Topcon 3D machine control functionality together with Cat Assist features. As a result of new compatibility of the Topcon 3D Excavator System with Caterpillar factory-installed NGH sensors, customers will experience simplified installation of the Topcon aftermarket system into Caterpillar’s existing 2D excavator systems, in coordination with Topcon and Caterpillar dealers. Jami
Read more...Faraday Future Intelligent Electric Inc., a California-based global shared intelligent electric mobility ecosystem company, today announced Brembo, the world industry-leading innovator of brake technology, as the main supplier of full brake caliper assembly for its ultimate intelligent techluxury FF 91 EV. “Brembo, a world leader in braking systems, perfectly complements the requirements of an ultra-premium EV such as the FF 91,” said Carsten Breitfeld, Global Chief Exec
Read more...26 April 2022
Motorcar Parts of America, Inc. announced its wholly owned subsidiary D&V Electronics has received an order for an electric motor emulator from one of China’s largest automotive companies, a critical component of a Power Hardware-In-the-Loop (p-HIL) test system to validate the performance and design of drivetrain components. Terms were not disclosed. The p-HIL test system to be utilized by this Chinese automotive customer is comprised of D&V’s emulator, Opal-RT T
Read more...22 April 2022
Power management company Eaton today announced its Vehicle Group has certified 88% of its global facilities as “zero-waste-to-landfill” (ZWTL), having cut the amount of waste going into landfills by 55% since 2019. Eaton defines ZWTL as consistently achieving a landfill waste diversion rate of 98% through reuse, composting, recycling or incineration, but only if the heat generated by incineration was collected and used to create more energy than what was used in the incineration p
Read more...22 April 2022
Valvoline Inc., a global leader in vehicle car powering the future of mobility through innovative services and products, today announced that its board of directors declared a quarterly cash dividend of $0.125 per share of Valvoline common stock. The dividend is payable on June 15, 2022, to shareholders of record as of the close of business on May 31, 2022. About Valvoline™ Valvoline Inc. (NYSE: VVV) is a global leader in vehicle care powering the futur
Read more...20 April 2022
ATC, an industry-leading manufacturer of aluminum RVs and trailers, announced today during a groundbreaking ceremony that it has procured a 35-acre lot on which an additional manufacturing plant will be built. The planned 221,000 square-foot facility, scheduled for completion in early 2023 and located on the eastside of Nappanee, Ind., will primarily be used for ATC’s RV product operations. ATC’s current headquarters will relocate to the new facility upon completion, and
Read more...20 April 2022
IonQ, a leader in quantum computing, and Hyundai Motor Company today announced a new project designed to apply quantum machine learning to image classification and 3D object detection for future mobilities. Image classification and 3D object detection are foundational steps toward the next generation of mobilities, including autonomous vehicles. Together, IonQ and Hyundai will look to improve computational functionality through more efficient machine learning on quantum computers, a
Read more...China Yuchai International Limited a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that an upgraded Yuchai S04220-61 series of engines became the first Chinese engines to be certified by the UN R49.07 Euro VI E stage emission standard. With this designation, Yuchai's engine technology has reached the world's most
Read more...19 April 2022
US demand for power transmission components is forecast to advance 3.8% yearly in nominal terms through 2026, according to Power Transmission Components: United States, a report recently released by Freedonia Focus Reports. Suppliers will benefit from increases in domestic output of durable products such as machinery and motor vehicles that incorporate power transmission components. Durable goods shipments are expected to grow 3.3% per year through 2026. Persistent global demand for technolog
Read more...14 April 2022
Smart Eye, the pioneer of Human Insight AI and global leader in AI-based Driver Monitoring and Interior Sensing, today announced the appointment of Magnus Brunzell as VP of Applied AI Systems. Brunzell will lead this business unit, responsible for the development and delivery of Smart Eye’s end-to-end Driver Monitoring Systems for fleet and aftermarket. By combining the company’s purpose-built proprietary hardware with its proven Driver Monitoring System (DMS) software, Smart Eye
Read more...13 April 2022
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced the launch of a virtual development environment that enables advance development and operational evaluation of automotive application software to support the latest requirements of electrical/electronic architecture (E/E architecture). The environment includes a Virtual Turnkey Platform, which allows engineers to develop application software before devices or evaluation boards are availabl
Read more...Wisk Aero, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the US, and Skyports, the world-leading designer, developer, and operator of vertiports (landing sites for eVTOL aircraft), are partnering to integrate autonomous, electric, vertical takeoff and landing (eVTOL) aircraft operations at vertiports and other ground-based infrastructure. The partnership marks the first collaboration between a vertiport developer-operator and an
Read more...12 April 2022
At its first digital ESG (Environment, Social and Governance) Conference for investors and analysts, the inventor of the automobile announced measures aimed at cutting CO2 emissions, creating lasting value for all stakeholders. As stated at the COP26 UN Climate Change Conference in November 2021, Mercedes-Benz is committed to a faster transition to electric cars. “The desire for individual mobility keeps growing. Our mission is to meet this need in a sustainable way. Mercedes-Benz has a
Read more...12 April 2022
Volta Inc., an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today announced the launch of PredictEV® Fleet, the second product within its suite of machine learning and artificial intelligence (“AI”) solutions for infrastructure planning, with a multi-year commitment from Southern Company (NYSE: SO), the second-largest utility company in the United States. Volta’s PredictEV® product suite is utilized b
Read more...Toyoda Gosei Co., Ltd. will establish a new plant in Guangdong Province, China, to enhance its production network for airbags and steering wheels, its major products, in China, where the automobile market continues to grow. The new plant will be established as a branch plant of Toyoda Gosei Group company Toyoda Gosei (Foshan) Auto Parts Co., Ltd., with production planned to start around the summer of 2023. With this expansion, the company will raise its sales of airbags, for which t
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