Category: Official Press Release

Mahindra’s Auto Sector sells 47,199 vehicles during July 2018, a growth of 13%

Mahindra’s Auto Sector sells 47,199 vehicles during July 2018, a growth of 13% Mumbai, August 1, 2018: Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the USD 20.7 billion Mahindra Group, today announced its auto sales performance for July 2018 which stood at 47,199 vehicles, compared to 41,819 vehicles during July 2017, a growth… Continue reading Mahindra’s Auto Sector sells 47,199 vehicles during July 2018, a growth of 13%

Statement by Mahindra & Mahindra We understand that a complaint has been filed by FCA with the United States International Trade Commission (ITC) against Mahindra. Mahindra has not yet been served with the complaint and we prefer not to comment at length on the dispute at this time. However, we have reviewed FCA’s core filing and find it to be without merit.

Statement by Mahindra & Mahindra AUBURN HILLS, Mich., Aug. 3, 2018 – “We understand that a complaint has been filed by FCA with the United States International Trade Commission (ITC) against Mahindra. Mahindra has not yet been served with the complaint and we prefer not to comment at length on the dispute at this time.… Continue reading Statement by Mahindra & Mahindra We understand that a complaint has been filed by FCA with the United States International Trade Commission (ITC) against Mahindra. Mahindra has not yet been served with the complaint and we prefer not to comment at length on the dispute at this time. However, we have reviewed FCA’s core filing and find it to be without merit.

Local Motors Announces Olli Shipment to University at Buffalo · Local Motors

Press and Releases The mobility company by LM Industries has partnered with the University at Buffalo on a transportation and sustainability initiative centered on its autonomous, electric, 3D-Printed shuttle.  PHOENIX, August 9, 2018 — Today, Local Motors by LM Industries, known for 3D-Printed mobility solutions, announced the deployment and launch of operations of Olli at… Continue reading Local Motors Announces Olli Shipment to University at Buffalo · Local Motors

MAHLE intends to continue its growth in the aftermarket with thermal management products

MAHLE plans acquisition of Hella’s shares in the joint venture Behr Hella Service, transitional period until December 31, 2019 Products and solutions for efficient thermal management are of great strategic importance for all powertrain technologies Full spectrum of thermal management products for MAHLE Aftermarket customers from a single source MAHLE and Hella have agreed that… Continue reading MAHLE intends to continue its growth in the aftermarket with thermal management products

Press release / August 9, 2018 LeddarTech delivers first LCA2 LiDAR chips to automotive partners LeddarTech has delivered the first A-samples of its LCA2 system-on-chip and now offers evaluation kits to select automotive partners.

Leddartech/Press release/LeddarTech delivers first LCA2 LiDAR chips to automotive partners

-News Release-

LeddarTech delivers first LCA2 LiDAR chips to automotive partners
Samples and evaluation kits of industry’s first 3D SSL system-on-chip ships to first partners for autonomous driving applications.
QUEBEC CITY, August 9th, 2018 – LeddarTech has delivered the first A-samples of its LeddarCore LCA2 system-on-chip (SoC) to select automotive partners that will be publicly disclosed at a later date this year. The LCA2 is the autonomous vehicle industry’s first 3D solid-state LiDAR (SSL) SoC and is available now to Tier-1 automotive manufacturers and system integrators via purchase of the LeddarTech LCA2 evaluation kit. High-volume delivery of the LCA2 will begin in the first half of 2019 for deployment in Autonomous Driving (AD) and Advanced Driving Assistance Systems (ADAS).

The LCA2 uses LeddarTech’s LeddarSP signal processing software to produce raw LiDAR data such as distance, position, and intensity of echoes. LCA2 is suitable for a wide range of applications, can be produced in high volumes for rapid mass-market deployment, and is ideal for SSL used in AD/ADAS. LeddarTech’s LiDAR technology is supported by an IP portfolio containing 58 patents (44 granted, 14 pending).

“We’re proud to be the first company in the industry to deliver 3D solid-state LiDAR SoCs,” said LeddarTech General Manager of Automotive Business Unit Michael Poulin. “This announcement shows that LeddarTech is a company that’s beyond the point of conceptualization and delivers on its ideas and promises.”

LCA2 evaluation kits are available to prospective automotive partners to benchmark the technology against intended application requirements. Kits contain:
• One fully-functional solid-state LiDAR unit integrating an LCA2 SoC
• LeddarSP signal processing software
• Additional software to facilitate evaluation and application development

Tier-1s and OEMs that order an evaluation kit are able to immediately begin application development and integration efforts of their custom LCA2-based LiDAR. To accelerate and support partner development of LCA2-based LiDAR, LeddarTech is providing engineering services and access to the company’s SSL experts. LeddarTech’s ecosystem partners are also supporting customers in making the proper selection and integration of key components such as lasers and photodetectors.

“LeddarTech’s LCA2 SoCs present an opportunity for our partners to develop their own optimized and tailored LiDAR solution and develop strong in-house LiDAR expertise,” said Poulin. “We now have a wide ecosystem of developers and suppliers adopting our LiDAR platform, which will accelerate optimization and cost reduction of solutions, hence supporting increased speed of adoption of autonomous driving.”

Learn more about LeddarCore LCA2 applications in automotive

Inquire about the LCA2 Eval Kits

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Ford Celebrates Production of 10 Millionth Mustang

Ford Mustang, a cultural icon inspiring optimism and independence around the world, celebrates the production of its 10 millionth car at Flat Rock Assembly Plant in Michigan Ford Mustang is the best-selling sports car in America of the last 50 years, is featured in more movies and has more Facebook followers than any other car… Continue reading Ford Celebrates Production of 10 Millionth Mustang