Press Releases

Velodyne the Lidar point cloud, Inc. and RoboSense (Suteng Innovation Technology Co., Ltd. ) is pleased to announce that the two companies have Reached a long-term global cross-licensing partnership involving a wide range of 360° surround view laser radar sensors. This reciprocal relationship covers the existing and future patents of the two companies. Velodyne and RoboSense also agreed to withdraw all legal actions currently filed between the two companies in China and the United States.

Global Market Insights, Inc. has recently added a new report on the automotive seat covers market which estimates the market valuation for automotive seat covers will cross US$ 7 billion by 2026. Escalating sales of new & preowned vehicles will surge the automotive seat covers demand. Increasing range of electric vehicles owing to low ownership cost, effective energy utilization, cost-effective maintenance, and charging infrastructure deployment will drive automotive seat covers

Hyundai Motor Group (the Group) celebrated the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) with a virtual ceremony today. The center will act as an open innovation lab for the Group's future mobility research and development, with the aim of revolutionizing the future mobility value chain. "HMGICS is a major step forward for Hyundai Motor. The facility is the first of its kind in the world. It will pave the way for more Kor

AAMP Global launched a fully integrated Jeep Wrangler JL and Gladiator JT kit for its Stinger HEIGH10 infotainment system under its well-known radio integration brand, PAC. The kit enables drivers to upgrade the factory radio in their Jeep Wrangler JLs (2018 – 2020) or Gladiator JTs (2020) with a show-stopping 10-inch touchscreen multimedia system called the HEIGH10 by Stinger Electronics. It comes equipped with all the necessary components to replace the factory radio while s

Sojern , a leading provider of digital travel marketing solutions, and Convious , Europe's leading eCommerce platform for the leisure industry, have partnered to bring an integrated digital solution that drives conversions and amplifies the reach of attractions and leisure activity operators globally. Convious' all-inclusive, data-driven eCommerce platform for entertainment venues, coupled with Sojern's smart online advertising for travel merchants, provides an excellent

Velodyne Lidar  and Robosense offer a wide range of 360 ° surround view rider sensors. We are pleased to announce that we have entered into a long-term, global cross-licensing relationship. This mutually beneficial relationship covers both existing and future patents of both companies. Velodyne and Robosense have also agreed to withdraw all proceedings proceeding between the two companies in the United States and China. Velodyne and Robosense look forward to the rider market, which o

US LED, the leading provider of ultra-long-life LED lighting solutions, announced today the launch of TurboEVC, a new electric vehicle charging station for commercial and industrial applications. This new Level 2 charging station is compatible with existing EVs on the market and provides the performance that drivers, businesses, and utilities are looking for. In addition to providing network-ready charging hardware, US LED will offer turnkey electric vehicle charging solutions that include OC

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, is pleased to announce the launch of eGen Power, Allison’s new series of fully integrated zero emission electric axles. The eGen Power product family will be the second product offering under the recently announced Allison eGen portfolio of fully

As new electric vehicles (EV) enter the market and strong sales growth continues nationwide, the Public Service Commission of South Carolina (PSCSC) has approved two Duke Energy electric transportation (ET) pilot programs that will allow South Carolina to join other states in deploying EV infrastructure to meet the needs of this growing market. Originally proposed in 2018, Duke Energy Carolinas and Duke Energy Progress participated in extensive working-group sessions with stakeholde

The Mobility Open Blockchain Initiative (MOBI)'s member-led Electric Vehicle Grid Integration (EVGI) Working Group created and launched the automotive industry's first global standard incorporating blockchain technology into a decentralized vehicle charging system. The EVGI Working Group released its first technical design specification, which covers the system designs and data schemas required for three core use case areas: Vehicle to Grid Integration (V2G), Tokenized Carbo

Seegrid Corporation, the leader in self-driving industrial vehicles for material handling, announced that it acquired Box Robotics, a mobile robotics startup bringing high-definition maps, three-dimensional LiDAR, and deep learning to the warehouse and manufacturing automation space. This acquisition will help accelerate next-generation perception and more human-like, situational awareness technology to Seegrid’s vision guided vehicles (VGVs), making manufacturing, distribution, and e-c

Angstrom Group is excited to announce that on September 18, 2020, Vantec, LLC a division of Angstrom Group acquired Vantec, Inc. and will operate out of Vantec, Inc.'s former Iowa & Nebraska facilities effective September 21st business day. As an Angstrom Group company, Vantec LLC will join the Angstrom Group family of companies servicing the Global Automotive & Industrial Markets and continue to provide a stable and expanding platform for its customers. “The acqui

With the rapidly expanding interest in heavy-duty electric trucks, Toyota Motor North America (TMNA) and Hino Trucks have agreed to jointly develop a Class 8 fuel cell electric truck (FCET) for the North American market. The companies will leverage the newly developed Hino XL Series chassis with Toyota's proven fuel cell technology to deliver exceptional capability without harmful emissions. This collaboration expands upon the existing effort to develop a 25-ton FCET for the Jap

Honda Supports INDYCAR's announcement of a new hybrid power unit formula, effective beginning with the start of the 2023 NTT season INDYCAR SERIES. Honda Performance Development (HPD) is preparing a 2.4-liter biturbo hybrid power unit capable of producing more than 900 horsepower as INDYCAR advances into an exciting new generation at the top of North American motorsports. "Honda welcomes this step into the future by INDYCAR, an action that reflects Honda's efforts to de

Valvoline Inc., a leading worldwide supplier of premium branded lubricants and automotive services, announced today that it plans to acquire 33 quick-lube service centers in Idaho, Missouri and Kansas in two separate acquisitions. The company has signed a definitive agreement with L & F Enterprises (doing business as Einstein's Oilery) to purchase 12 quick-lube service centers in the Boise, Idaho area. The Einstein's Oilery service centers will be rebranded as Valvoline