Foretellix Partners with Jingwei HiRain, to Accelerate the Use of its Automated Driving Systems Verification & Validation Platform in China

BEIJING and TEL AVIV, Israel, March 25, 2021 /PRNewswire/ — Jingwei HiRain, a Tier 1 provider and a leading high-tech automotive technology supplier in China, and Foretellix, a leading Automated Driving Systems Verification solution provider, announced a new partnership to accelerate the distribution and adoption of Foretify™, Foretellix’s verification & validation platform and enable mass… Continue reading Foretellix Partners with Jingwei HiRain, to Accelerate the Use of its Automated Driving Systems Verification & Validation Platform in China

Meg Whitman and Mark Tatum Join GM’s Board of Directors

DETROIT, March 25, 2021 /PRNewswire/ — Meg Whitman, a technology leader and former head of Hewlett Packard Enterprise, and Mark Tatum, Deputy Commissioner and Chief Operating Officer of the National Basketball Association, are joining the Board of Directors of General Motors Co. (NYSE: GM) effective today, the company announced.    With the election of Whitman, 64,… Continue reading Meg Whitman and Mark Tatum Join GM’s Board of Directors

Cognizant to Expand Expertise in Autonomous, Connected and Electric Vehicles with Acquisition of ESG Mobility

TEANECK, N.J., March 25, 2021 /PRNewswire/ — Cognizant (Nasdaq: CTSH) today announced that it is acquiring Munich, Germany-based ESG Mobility, a digital automotive engineering R&D provider for connected, autonomous and electric vehicles. ESG Mobility is a wholly-owned subsidiary of ESG Elektroniksystem – and Logistik – GmbH, a privately-held technology consultancy for the design, integration and… Continue reading Cognizant to Expand Expertise in Autonomous, Connected and Electric Vehicles with Acquisition of ESG Mobility

Vayyar Becomes First And Only Company In World To Offer Full-cabin Monitoring With One Radar-on-chip

Images and video are available here The video is available on YouTube here Vayyar, the global leader in 4D imaging radar, has developed the world’s first automotive sensor that covers the entire cabin of any passenger vehicle, with a single Radar-on-Chip (RoC). Given the 60% spike in global consumer demand for SUVs over the past… Continue reading Vayyar Becomes First And Only Company In World To Offer Full-cabin Monitoring With One Radar-on-chip

HAAS Alert Builds Out Connected Vehicle Business Unit

CHICAGO, March 24, 2021 /PRNewswire/ — HAAS Alert, an automotive safety technology startup, announced it has hired Jeff Niermann as Vice President of Connected Vehicle Sales to lead its business development activities with automotive manufacturers, suppliers, and emerging autonomous and electric mobility companies. Jeff brings decades of experience in sales and business development with automotive… Continue reading HAAS Alert Builds Out Connected Vehicle Business Unit

Renault Trucks to offer an electric range for each market segment from 2023

GÖTEBORG, Sweden, March 23, 2021 /PRNewswire/ — Volvo Group’s subsidiary Renault Trucks is pursuing its investment in electric mobility. From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance. To support these developments and be able to offer a complete and competitive Renault Trucks range on… Continue reading Renault Trucks to offer an electric range for each market segment from 2023

Automotive Keys Group Acquires Midwest Keyless

NEW YORK, March 23, 2021 /PRNewswire/ — Automotive Keys Group, LLC (“AKG”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook“), announced today the acquisition, in partnership with Management, of Midwest Keyless, Inc. (“Midwest Keyless” or the “Company”). Based in Spring Grove, IL, Midwest Keyless is a remanufacturer and distributor of replacement OEM and aftermarket keyless entry… Continue reading Automotive Keys Group Acquires Midwest Keyless

Karooooo Ltd. Announces Launch of Initial Public Offering

SINGAPORE, March 22, 2021 /PRNewswire/ — Karooooo Ltd. (“Karooooo”) today announced that it has launched the roadshow for the initial public offering of its ordinary shares. Karooooo is offering 2,500,000 of its ordinary shares and Isaias (Zak) Jose Calisto, Karooooo’s chief executive officer (the “Selling Shareholder”) is offering 1,500,000 of Karooooo’s ordinary shares. In addition, the… Continue reading Karooooo Ltd. Announces Launch of Initial Public Offering

China Automotive Systems Introduces New EPS Product to Empower ADAS

WUHAN, China, March 22, 2021 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today provided an update on its new Electric Power Steering (EPS) product. This new EPS product is based upon proprietary technologies developed by CAAS’ R&D team. The Company… Continue reading China Automotive Systems Introduces New EPS Product to Empower ADAS

Hyundai Mobis introduces premium sound jointly with Meridian

– First introduced in Kia K8…A high-end, high performance audio system combining Hyundai Mobis and Meridian Audio – Meridian with craftsmanship and innovative digital technology…Synergied with infotainment technology and expertise from Hyundai Mobis – The world’s first automotive audio system utilitizing NATEC speakers which use a diaphragm made of natural wood SEOUL, South Korea, March… Continue reading Hyundai Mobis introduces premium sound jointly with Meridian