Press Releases
24 February 2022
Immersion Corporation , the leading licensor of haptic technologies, and Nissha, a global supplier of touch sensors, decorative film and molded parts, announced a partnership to integrate Immersion’s haptics technology into automotive interface solutions. Under the agreement, Immersion will license its Active Sensing™ technology and patents to Nissha. "Nissha is excited to develop haptic enabled interface solutions for the automotive market," said Kazuhiro Nish
Read more...Arcimoto, Inc. makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, today unveiled the Faction D1, a next-generation driverless delivery vehicle based on the Arcimoto Platform at the new Arcimoto RAMP manufacturing facility in Eugene, Oregon. Equipped with Faction’s DriveLink™ and TeleAssist™ technologies, the completely driverless D1 combines autonomy with remote human teleoperation. The driverless vehicle system retains the
Read more...23 February 2022
E Automotive Inc. d/b/a E INC and sub-brand, EBlock - announced today that it has acquired FastLane Auto Exchange ("FastLane"), an independent dealer only auction marketplace that transacted approximately 24,000 vehicles in 2021. FastLane is a midwest-focused, full-service auction marketplace located in Mount Morris, Michigan, 75 miles from Detroit and the Canadian border. "The acquisition of FastLane Auto Exchange uniquely strengthens our wholesale marketplace, EBloc
Read more...23 February 2022
ImagineAR an Augmented Reality Metaverse Company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is launching the custom immersive Metaverse white-label mobile app for Automotive Industries early March 2022. ImagineAR and Automotive Industries have executed a three-year revenue sharing contract for this custom global mobile app. Automotive Industries print audience plus Ai's online readership are the
Read more...22 February 2022
STMicroelectronics , a global semiconductor leader serving customers across the spectrum of electronics applications, has unveiled new automotive microcontrollers (MCUs) optimized for electric vehicles and centralized (domain and zonal) electronic architectures. They enable EVs to become more affordable, drive further, and charge faster. In current EVs, high-efficiency SiC-based (silicon carbide) power modules enable the greatest driving range and faster charging. Until now, they ha
Read more...21 February 2022
High-speed, low-latency connectivity solutions for distributed, heterogenous compute systems are a fundamental element in next-generation autonomous driving applications. Microchip Technology Inc. (Nasdaq: MCHP) is announcing the market’s first Gen 4 automotive-qualified PCIe® switches. These Switchtec™ PFX, PSX, and PAX switch solutions provide cutting-edge compute interconnect capabilities for Advanced Driver-Assistance Systems (ADAS). “Our automotive-qualifi
Read more...LION ELECTRIC PARTNERS WITH COX AUTOMOTIVE MOBILITY TO PROVIDE NATIONWIDE ON DEMAND CUSTOMER SUPPORT
22 February 2022
The Lion Electric Company , a leading manufacturer of all-electric medium and heavy-duty vehicles, today announced that it has entered into an agreement with Cox Automotive Mobility to provide rapid response service to Lion customers throughout the United States. The partnership comes following a successful pilot program between the two companies that began in 2021. The agreement gives Lion customers access to Cox Automotive Mobility's 25 maintenance service centers, more than 1
Read more...18 February 2022
Quanergy Systems, Inc., a leading provider of OPA-based solid-state LiDAR sensors and smart 3D solutions for automotive and IoT, announced today that in Q4, 2021 the company secured orders for over 1,000 sensors for a broad range of IoT applications. Quanergy smart LiDAR solutions, coupling high-performance, long-range LiDAR sensors with highly accurate perception software, are disrupting several IoT markets by providing advanced security for critical infrastructures, next generatio
Read more...18 February 2022
Renesas Electronics Corporation , a premier supplier of advanced semiconductor solutions, and AVL, the leading company in development, simulation and testing in the automotive sector, today announced their collaboration to deliver customer support for the development of electronic control units (ECUs) that comply with the ISO 26262 international standard for automotive functional safety. Under this collaboration, AVL will provide comprehensive support for the development of complex and specia
Read more...17 February 2022
Velodyne Lidar, Inc. today announced its Automated with Velodyne (AwV) program now has 100 partner companies working to commercialize next-generation autonomous solutions using Velodyne’s lidar sensors and software. The milestone demonstrates Velodyne’s continued commitment in fostering the global marketplace and innovating lidar-based solutions that advance autonomy, safety and sustainability in a diverse range of industries. As the lidar ecosystem continues to gr
Read more...17 February 2022
LMP Automotive Holdings, Inc. an e-commerce and facilities-based automotive retailer in the United States, today announced its board of directors approved an immediate pursuit of strategic alternatives including a sale of the company. Sam Tawfik, LMP’s Chief Executive Officer, stated, “The Company intends to terminate all of its pending acquisitions in accordance with the terms of their respective acquisition agreements, primarily due to the inability to secure fin
Read more...16 February 2022
Fisker Inc. passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – is now accepting reservations for its second product, the Fisker PEAR, opening the door to the Personal Electric Automotive Revolution. The all-electric Fisker PEAR blends sustainability, technology, and design into a digitally connected, compact, five-passenger urban EV. Featuring intuitive controls, sporty driving, clever storage, and a focus on industry fir
Read more...16 February 2022
Wallbox , a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced a strategic partnership with NAPA AUTO PARTS, a brand of Genuine Parts Company (NYSE:GPC) and a premier retail auto parts reseller in the U.S. NAPA AUTO PARTS stores will be an authorized dealer of Pulsar Plus, Wallbox’s award-winning smart home EV charger, online and in-store at more than 6,000 locations across the United States and Canada. Pulsar Plus is available
Read more...15 February 2022
The "Automotive Multi-Wheel Drive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global automotive multi-wheel drive market reached a volume of 15.2 Million Units in 2021. Looking forward, the publisher expects the market to reach 20.4 Million Units by 2027, exhibiting a CAGR of 4.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuo
Read more...15 February 2022
Power Integrations, the leader in high-voltage integrated circuits (ICs) for energy-efficient power conversion, today announced the addition of two new AEC-Q100 qualified, 1700-volt rated ICs to its InnoSwitch™3-AQ family. The new devices are the industry’s first automotive-qualified switching power supply ICs to incorporate a silicon carbide (SiC) primary switching MOSFET. Delivering up to 70 watts of output power, the new ICs are targeted for use in 600- and 800-volt battery and
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