Running counter to the current trend of power over precision, the 2022 Subaru BRZ focuses on simplicity and fun. Designed to deliver an unmatched driving experience, the all-new BRZ features a new and more powerful 228 horsepower 2.4-liter horizontally opposed engine. Sitting low in the chassis, the Subaru BOXER’s unique design allows the BRZ to… Continue reading All-New 2022 Subaru BRZ Makes Global Debut
Author: PR Newswire Online News
Senmiao Technology Announces Launch of Proprietary Ride-Sharing Platform
CHENGDU, China, Nov. 18, 2020 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced that it has recently launched Xixingtianxia, its own proprietary online ride-sharing platform, to drivers and riders in Chengdu, China, one of its core cities with… Continue reading Senmiao Technology Announces Launch of Proprietary Ride-Sharing Platform
DENSO Selects Foretellix Intelligent Automation Platform for Verification of ADAS and Automated Driving Systems
KARIYA, Japan and TEL AVIV, Israel, Nov. 17, 2020 /PRNewswire/ — DENSO Corporation, the world’s second largest mobility supplier, has selected Foretify™, Foretellix’s advanced coverage driven verification platform, to enhance safety and reduce both development costs and time-to-market for its new ADAS and automated driving solutions. The Foretify™ platform allows for a significant reduction in cost… Continue reading DENSO Selects Foretellix Intelligent Automation Platform for Verification of ADAS and Automated Driving Systems
Porsche Ventures Invests in Drivably’s Breakthrough Inventory Technology
Drivably uses deep analytics to bridge the gap that has long existed between car dealers and the private party marketplace, in which over 40 million vehicles exchange hands each year. The company enables its dealer partners to buy consumer vehicles at scale, while providing extensive market data to help them understand which cars are the… Continue reading Porsche Ventures Invests in Drivably’s Breakthrough Inventory Technology
StradVision Introduces Surround View Monitoring Solution Enabling Groundbreaking Advanced Driver Assistance Systems (ADAS) Features
SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ — StradVision, a leading innovator in AI-based camera perception software for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV), is revealing its latest automotive Surround View Monitoring (SVM) technology at AutoSens 2020, an award-winning international conference for the automotive sensor industry. Through an AutoSens 2020 online session titled… Continue reading StradVision Introduces Surround View Monitoring Solution Enabling Groundbreaking Advanced Driver Assistance Systems (ADAS) Features
Gruppo Maip, Eastman partner on sustainable automotive materials
Specialty formulations to deliver biobased and molecular-recycled content KINGSPORT, Tenn., Nov. 17, 2020 /PRNewswire/ — Eastman and Gruppo Maip, a leading international plastics formulator and compound producer based in Turin, Italy, have announced a partnership to formulate new sustainable polymer solutions for automotive interior applications. This will enable an exclusive portfolio of formulations based on Eastman’s Advanced… Continue reading Gruppo Maip, Eastman partner on sustainable automotive materials
Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round
MORAI delivers testing solutions based on their simulation platform built for the verification and validation of autonomous vehicles. Providing engineers with a wide range of simulation environments that vary from complex city streets to warehouses and shipping yards, MORAI’s solutions help customers test even the most complex edge cases efficiently. Since their initial seed funding… Continue reading Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round
Meritor Announces Redemption of $275,000,000 of the Outstanding $450,000,000 Aggregate Principal Amount of its 6-1/4% Notes due 2024
TROY, Mich., Nov. 17, 2020 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has issued a notice of redemption for $275,000,000 of the outstanding $450,000,000 aggregate principal amount of its 6-1/4% notes due 2024 (the “Notes”). The redemption date is Dec. 16, 2020 (“Redemption Date”), and the redemption price will be equal to 102.083%… Continue reading Meritor Announces Redemption of $275,000,000 of the Outstanding $450,000,000 Aggregate Principal Amount of its 6-1/4% Notes due 2024
Scania invests in battery assembly plant
SÖDERTÄLJE, Sweden, Nov. 17, 2020 /PRNewswire/ — With the rapid expansion of Scania’s electrified range of trucks, buses and engines, the company plans to, over several years, invest well over 1 billion SEK in a battery assembly plant in Södertälje, Sweden. The initial step is a 18,000-square metre facility and the construction will start early… Continue reading Scania invests in battery assembly plant
Dana Supplies High-Performing Spicer® AdvanTEK® Axles to New Land Rover Defender
MAUMEE, Ohio, Nov. 16, 2020 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that the new 2021 Land Rover Defender features Dana’s latest Spicer® AdvanTEK® axles, which are designed to deliver improved performance and greater power density in a compact package. Known for its rugged design and off-road performance, the Defender has a rich history with… Continue reading Dana Supplies High-Performing Spicer® AdvanTEK® Axles to New Land Rover Defender