New study: Porsche Consulting analyzes “vertical mobility” for short flights in cities.
Category: Official Press Release
Blackmore Sensors and Analytics Raises $18 Million Series B Financing Round to Scale Automotive Lidar Solution
BOZEMAN, Mont., March 20, 2018 /PRNewswire/ — Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry, announced today that it has raised $18 million in a Series B funding round led by BMW i Ventures. Additional investment comes from Toyota AI Ventures, Millennium Technology Value Partners… Continue reading Blackmore Sensors and Analytics Raises $18 Million Series B Financing Round to Scale Automotive Lidar Solution
Jens Puttfarcken takes over as President and Chief Executive Officer
Jens Puttfarcken, current Chief Executive Officer at Porsche Deutschland GmbH, will be taking over as President and Chief Executive Officer of Porsche China and Porsche Hong Kong from July 2018.
Octo Telematics partners with RCI Bank and Services to provide global telematics data analysis for vehicles
Octo’s telematics services and data analytics will be used by RCI Bank and Services, Groupe Renault’s global finance company, to enhance customer relationships and loyalty.
Security at All Levels: Continental Protects Components and Production against Hacker Attacks
Cyber security technology safeguards systems and safety-relevant components in vehicles against hacker attacks Security begins in the production plant: Production sites worldwide are set to receive a security upgrade With the purchase of the Israeli startup Argus Cyber Security, Continental is further expanding its expertise in the field of automotive cyber security Frankfurt am Main,… Continue reading Security at All Levels: Continental Protects Components and Production against Hacker Attacks
emov heads to Lisbon to launch the city’s first all-electric carsharing service
• The rollout of emov will be operational over the month of April in the Portuguese capital. Emov is a service born from the alliance between Free2Move and Eysa• The emov fleet in Lisbon will initially consist of 150 Citroën C-Zero electric vehicles• emov is the first carsharing company to operate in Lisbon with an all-electric fleet Very… Continue reading emov heads to Lisbon to launch the city’s first all-electric carsharing service
Bosch DAS 1000 calibration set: professional adjustment of sensors and cameras of driver assistance systems
The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with a complete range of diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment,… Continue reading Bosch DAS 1000 calibration set: professional adjustment of sensors and cameras of driver assistance systems
Ballard Fuel Cell Module to Power Hybrid UPS Delivery Van Trial Program in California
VANCOUVER, March 19, 2018 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has signed a contract with CALSTART (www.calstart.org) for a Ballard 30 kilowatt (kW) FCveloCity®-MD fuel cell module to be used in a trial and development program involving UPS Class-6 delivery vans operating in California’s South Coast Air Basin, including… Continue reading Ballard Fuel Cell Module to Power Hybrid UPS Delivery Van Trial Program in California
Teamsters Statement On Fatal Uber ‘Driverless’ Vehicle Collision
WASHINGTON, March 19, 2018 /PRNewswire-USNewswire/ — The Teamsters Union continues to stress its concerns with the testing and implementation of self-driving technology after a ‘driverless’ Uber in autonomous mode struck and killed a pedestrian in Tempe, Arizona, overnight. Uber has since temporarily halted its driverless testing program in Arizona, Pittsburgh, San Francisco and Toronto. Last… Continue reading Teamsters Statement On Fatal Uber ‘Driverless’ Vehicle Collision
Group 1 Announces Market Conditions and Costs Associated with Strategic Initiatives Will Negatively Impact First Quarter Results
HOUSTON, March 19, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that first quarter earnings will be negatively affected by weak market conditions, including pressure on used car margins, as well as costs associated with a series of long-term, strategic investments designed… Continue reading Group 1 Announces Market Conditions and Costs Associated with Strategic Initiatives Will Negatively Impact First Quarter Results