Press Releases
26 September 2023
Motive Retail, a leading provider of integration solutions for the automotive retail industry, is pleased to announce that Motive Integrator Exchange (MIX) has joined Tekion's Automotive Partner Cloud. This partnership brings together two innovative companies that are working to revolutionize the automotive retail technology sector. For automotive software providers seeking a seamless integration with the Tekion Automotive Retail Cloud platform, MIX offers an accelerated process
Read more...25 September 2023
On September 16, at the 2023 Zaozhuang International Lithium Battery Industry Expo, NaaS (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, signed a strategic cooperation agreement with the People's Government of Tengzhou City of Shandong Province. This agreement encompasses a wide range of collaborative efforts, including the operation of charging stations, the development of a versatile "source-grid-load-storage" system, fostering innovative businesses
Read more...20 September 2023
OMNIVISION, a leading global developer of semiconductor solutions, including advanced digital imaging, analog and touch & display technology, today debuted its OX08D10 8-megapixel (MP) CMOS image sensor with TheiaCel™ technology at AutoSens Brussels. The new solution enhances automotive safety by providing enhanced resolution and image quality in exterior cameras for advanced driver assistance systems (ADAS) and autonomous driving (AD). The OX08D10 features industry-leadin
Read more...20 September 2023
New technologies such as solar power and grid energy storage are being rapidly deployed. To accommodate these and other technologies, utilities must run grids in completely new ways. Leading modeling experts from U.S. Department of Energy’s (DOE) Argonne National Laboratory and several other institutions call attention to the urgent need for better energy system models in a recent Nature Energy paper. Their objective was to inform researchers, regulators, policymakers, industr
Read more...19 September 2023
UltraSense Systems today introduced UltraSense TouchPoint Q, the world's first piezoelectric strain sensor designed to bring a better touch experience to automotive interfaces. Automotive tier-suppliers are integrating TouchPoint Q to augment their solid-state capacitive touch systems for center and overhead consoles, steering wheels, and door panels for an enhanced user experience. How TouchPoint Q Improves Capacitive Touch Systems Traditional capacit
Read more...19 September 2023
Mobase Electronics Co. Ltd., a leading Korean tier-supplier of automotive switches, announces a strategic partnership with UltraSense Systems, innovators of automotive touch experience solutions with cutting-edge HMI Controllers and In-Plane Sensing modules. Mobase will adopt the UltraSense TouchPoint Q TapForce HMI controller in its latest solid-surface infotainment button bars for Korean and other global automakers in production later this year, with further collaboration using UltraSense C
Read more...FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of low- environmental impact powertrains, will be exhibiting at Busworld 2023 (Brussels, Belgium, 6- 12 October 2023). At its dedicated stand (Hall 4 – Booth # 424), FPT Industrial will be showing off its comprehensive range of innovative and sustainable solutions for mass transport, inspired by a consistent strategy that aims to mutually satisfy environmental requirements, those of transport c
Read more...16 September 2023
Cox Automotive announced today that Scott LeTourneau will become its new executive vice president and chief financial officer, effective September 19, 2023. LeTourneau has been with Cox since 2012 in various corporate development roles, most recently serving as senior vice president of corporate development for parent company Cox Enterprises. He is a proven finance leader with deep expertise in executing strategic corporate transactions and developing diversified growth strategies. At Cox Aut
Read more...15 September 2023
Intelligent power management company Eaton today announced an exclusive global alliance with Michigan-based technology developer Traxen to sell, distribute, service, and provide installation support for their cutting-edge iQ-Cruise® system. This collaboration aims to support the commercial transportation industry by improving fuel efficiency and environmental sustainability while helping fleet profitability. Unlike existing available adaptive or predictive cruise control systems
Read more...14 September 2023
Marelli launches its new range of multipurpose smart actuators aimed at electric cars, that are designed to simplify actuation of complex vehicle functions. As future cars are expected to include more than 100 actuators with different missions and purposes, this solution will help carmakers to reduce complexity and ease the integration in vehicles’ mechanic and electronic environments. Marelli’s new smart actuators include an electronic module, that autonomously controls
Read more...13 September 2023
Decades on the road: The Mercedes 124 series was much more than Germany's taxi. Built from 1985 to 1996, this Mercedes impressed with its high-quality craftsmanship and spaciousness. It's no wonder that even today, you can still occasionally spot it on the streets. For enthusiasts of the Mercedes-Benz W124 sedan and later E-Class models, KW automotive has developed the KW V3 Classic suspension. This suspension, with adjustable compression and rebound damping and featuring stainless st
Read more...12 September 2023
LG Energy Solution (KRX: 373220), a leading global manufacturer of advanced lithium-ion batteries, unveiled its ESS business strategies for the U.S. to capitalize on its fast-growing energy storage market. The announcement was made at RE+ 2023, the renewable energy industry’s global trade fair taking place Sept. 11-14 at the Venetian Convention and Expo Center in Las Vegas. At the exhibit, LG Energy Solution is also showcasing its cutting-edge products and system solutions that could re
Read more...12 September 2023
Eaton, the intelligent power management company, today announced that its power connectivity business can now power electric and internal combustion passenger vehicles as well as on- and off-highway Stamped battery terminals are available for on-highway commercial vehicles. Eaton's stamped battery terminals offer several benefits, including higher energy cycle efficiency compared to die-cast or forged terminals and varying degrees of weight savings depending on the application.
Read more...11 September 2023
Asbury Automotive Group, Inc. (NYSE: ABG), one of the U.S.’ largest automotive retail and service companies, signed a definitive agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale of the Mid-Atlantic Region company is one of the most sizable in auto retail history, representing over $3 billion in revenue in 2022 and includes 20 dealerships, 29 franchises, six collision centers and one of the highest volume Toyota
Read more...11 September 2023
Autonomy™, the nation’s largest electric vehicle subscription company, and EV Mobility, LLC., the leading all-electric vehicle car-sharing platform announce they have entered into an agreement whereby once certain conditions are met Autonomy will acquire the technology, assets and customer accounts of EV Mobility. The acquisition will accelerate flexible (hourly, daily, weekly, monthly, and yearly) access to an EV to a broader market by making an electric vehicle available to anyo
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