DUBLIN, Oct. 30, 2019 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today reported third quarter 2019 U.S. GAAP earnings of $0.96 per diluted share. Excluding special items, third quarter earnings totaled $1.27 per diluted share. These results include the adverse impacts in the third quarter of approximately $0.10… Continue reading Aptiv Reports Third Quarter 2019 Financial Results
Author: PR Newswire Online News
BYD and AMPLY Launch Preferred Partnership For Electric Vehicle Charging Infrastructure and Energy Services
In a 2018 survey by Greenbiz, fleet operators cited high cost and complex infrastructure as main deterrents in expanding their electric truck and bus pilots to full deployment. The two companies aim to answer these challenges by providing bundled, affordable solutions and charging infrastructure that guarantees uptime. “Together, BYD and Amply Power offer a great benefit… Continue reading BYD and AMPLY Launch Preferred Partnership For Electric Vehicle Charging Infrastructure and Energy Services
Veoneer to Divest Japan and China Operations of Brake System Joint Venture
STOCKHOLM, Oct. 30, 2019 /PRNewswire/ — Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has signed agreements (the “Definitive Agreements”) to sell its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to… Continue reading Veoneer to Divest Japan and China Operations of Brake System Joint Venture
Hyundai Motor Company Reveals Commercial Truck Mobility Vision at NACV Show
Hyundai is a global leader in fuel cell technology. In 2013, Hyundai launched the first mass-produced and commercially available fuel cell electric vehicle. In 2018, Hyundai launched the dedicated FCEV, NEXO. In December 2018, Hyundai invested USD 6.4 billion to accelerate the development of a hydrogen society, looking beyond passenger vehicles. “Today at this show,… Continue reading Hyundai Motor Company Reveals Commercial Truck Mobility Vision at NACV Show
ADASISAN 3D 360-Degree Surround View AHD Car Cameras – Eagle Parking Assist
SHENZHEN, China, Oct. 28, 2019 /PRNewswire/ — Drivers have heard of dashcams and also might have even tried a dashcam. ADASISAN blows every single dashcam out of the water. It’s made up of not one, not two, not three, but four cameras, all keeping an eye on the environment around the car and recording everything. Moreover,… Continue reading ADASISAN 3D 360-Degree Surround View AHD Car Cameras – Eagle Parking Assist
Daimler Trucks North America Showcases Robust Lineup at NACV
“The North American Commercial Vehicle Show is the ideal venue to showcase the latest solutions for our customers,” said Roger Nielsen, president and CEO, Daimler Trucks North America. “The innovative work of our collective team is represented in the products and services displayed in our booth, designed to demonstrate the complete customer journey of today,… Continue reading Daimler Trucks North America Showcases Robust Lineup at NACV
BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
AUBURN HILLS, Mich., Oct. 28, 2019 /PRNewswire/ — BorgWarner has developed an innovative torque vectoring system for electric vehicles which enables the use of just one electric motor instead of the traditional two that are typically found on electric vehicles. This solution is cost-effective and features a compact design, significantly reducing the vehicle space needed as well… Continue reading BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
SEONGNAM, Korea, Oct. 28, 2019 /PRNewswire/ — Smart Radar System (SRS), a startup developing radar solutions for autonomous cars and industrial applications, closed a $4 million Series A funding round. The round was led by Kakao Ventures, with participation from Hemi Ventures, Hyundai Investment Partners and other investors. Continue Reading Smart Radar System RETINA 4:… Continue reading Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
Daimler reports third-quarter 2019 results
STUTTGART, Germany, Oct. 24, 2019 /PRNewswire/ — Strong Q3 sales for Mercedes-Benz Cars (+8%) and Vans (+10%) Revenue of €43.3 billion (Q3 2018: €40.2 billion) Group EBIT of €2.7 billion (Q3 2018: €2.5 billion) Group net profit of €1,813 million (Q3 2018: €1,761 million) Industrial Net Liquidity at €9.6 billion (Q2 2019: €6.6 billion)… Continue reading Daimler reports third-quarter 2019 results
Karma Automotive Opens Tech Base In Silicon Valley
“Karma serves as a technology incubator,” said Karma CEO Dr. Lance Zhou. “We are opening our product platform to serve as a test bed to help potential business partners bring emerging innovation to market and increase the speed of our own product development.” Establishing a proactive presence in California’s northern hub of tech development is… Continue reading Karma Automotive Opens Tech Base In Silicon Valley