KFAR SABA, Israel and BEIJING, June 6, 2018 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions, and HiRain Technologies, a leading Tier 1 solution provider for the automotive market in China, announced today a partnership to bring Innoviz’s groundbreaking LiDAR and computer vision technology to Chinese automakers through HiRain’s extensive sales channels… Continue reading Innoviz Technologies and HiRain Technologies Partner to Bring High-Performance LiDAR and Computer Vision Software to Chinese Auto Manufacturers
Author: PR Newswire Online News
AlphaCar, the First Community Token Economy with Large Scale Application on Blockchain
SHANGHAI, June 6, 2018 /PRNewswire/ — The global automotive market has more than 1.3 billion cars and is a 10 trillion US dollar market. However, it is a typical lemon market due to asymmetric information. George A. Akerlof won the Nobel Prize in Economics for his paper “The Market for Lemons: Quality Uncertainty and the… Continue reading AlphaCar, the First Community Token Economy with Large Scale Application on Blockchain
Ken Garff Buys Henry Day Ford
SALT LAKE CITY, June 4, 2018 /PRNewswire/ — Ken Garff Automotive Group has purchased Henry Day Ford, effective June 1, 2018, combining the expertise of two premier, family-owned auto companies in Utah. “We whole-heartedly welcome the Henry Day dealership, its employees and customers into the Ken Garff family,” said John Garff, CEO, Garff Enterprises, Inc.… Continue reading Ken Garff Buys Henry Day Ford
Kia Motors America Announces May Sales
IRVINE, Calif., June 1, 2018 /PRNewswire/ — Kia Motors America today announced May sales of 59,462 vehicles, representing a 1.6 percent increase over the same period last year and the brand’s highest monthly sales total in 2018. May sales were led by the Forte and Sorento, with 11,261 and 10,370 units sold, respectively. In addition,… Continue reading Kia Motors America Announces May Sales
Voltaiq Raises $6.6 Million in Oversubscribed Series A Funding Round
BERKELEY, Calif. and BROOKLYN, N.Y., May 31, 2018 /PRNewswire/ — Voltaiq, the leader in Battery Intelligence™ software solutions, today announced that it has raised $6.6 million in a Series A funding round. The round was led by Anzu Partners and includes Bee Partners, SJF Ventures, and UL Ventures. The funding will enable Voltaiq to accelerate the roll… Continue reading Voltaiq Raises $6.6 Million in Oversubscribed Series A Funding Round
ParkMobile Adds Key Executives to its Leadership Team
ATLANTA, May 30, 2018 /PRNewswire/ — ParkMobile, LLC, the leading provider of smart parking and mobility solutions in the US, announced today the appointment of new executive to its leadership team. ParkMobile lets you reserve parking spaces ahead of time. So you can drive directly to a conveniently located garage and have a guaranteed spot waiting… Continue reading ParkMobile Adds Key Executives to its Leadership Team
Mapbox to Bring AI-Powered Vision SDK to Microsoft Azure IoT Platform
SAN FRANCISCO, May 30, 2018 /PRNewswire/ — Mapbox announced it will integrate its Vision SDK with Microsoft Azure IoT platform, enabling developers to build innovative applications and solutions for smart cities, the automotive industry, public safety and more. The Mapbox Vision SDK provides augmented reality (AR) navigation, driver alerts for speed limits, pedestrians, vehicles and other event-based… Continue reading Mapbox to Bring AI-Powered Vision SDK to Microsoft Azure IoT Platform
Porsche Recalls Toy Cars Due to Choking Hazard
Name of Product: My First Porsche – Wooden Cars Hazard: The wheels and axles can detach from the wooden toy car, posing a choking hazard to young children. Remedy: Refund Consumers should immediately stop using the recalled toy cars, take them away from young children and contact a local authorized Porsche dealer to return… Continue reading Porsche Recalls Toy Cars Due to Choking Hazard
GAC Motor sets up international company, developing overseas business platform
GUANGZHOU, China, May 18, 2018 /PRNewswire/ — GAC Motor, China’s fastest-growing automaker, has announced the establishment of GAC Motor International Company (the “International Company”) to manage GAC Motor’s overseas businesses. It is a critical part of the automaker’s global expansion strategy to strengthen cooperation, enhance competitiveness, and better improve its potential for sales growth in… Continue reading GAC Motor sets up international company, developing overseas business platform
Faraday Future Appoints New VP Of Finance, North America
LOS ANGELES, May 17, 2018 /PRNewswire/ — Faraday Future (FF) announced today that Michael Agosta, former CFO of Ford Motor Company Middle East and Africa, has been appointed the position of Vice President of Finance in North America. Vice President of Finance, North America, Michael Agosta Prior to joining FF, Agosta was CFO Middle East and… Continue reading Faraday Future Appoints New VP Of Finance, North America