• Geely Auto launched its newest high-end flagship SUV – Xingyue L• Empowered by advanced technologies to offer unparalleled luxury and user experience• First Geely model capable of going beyond L2 autonomy with 100% automated valet system and HWA Highway Assist• Geely Xingyue L to be one of the first to offer Geely GHS2.0 hybrid… Continue reading @Geely: Geely Launches Newest High-End Flagship SUV – Xingyue L
Category: Official Press Release
Daimler shows strong performance in second quarter despite semiconductor shortage
STUTTGART, Germany, July 21, 2021 /PRNewswire/ — Unit sales increased by 36% to 736,400 passenger cars and commercial vehicles Revenue of €43.5 billion (Q2 2020: €30.2 billion) EBIT of €5,185 million (Q2 2020: minus €1,682 million) Industrial free cash flow of €2,586 million (Q2 2020: €685 million) Net industrial liquidity of €20.9 billion (end of… Continue reading Daimler shows strong performance in second quarter despite semiconductor shortage
GAC MOTOR Russia Brand Strategy of “GO AND CHANGE”
Russian operating conditions are far from ideal for vehicles. GAC specialists have carefully studied the nuances of working in difficult climatic conditions, and have adapted cars for use in the Russian market, with a reinforced car frame, an engine with increased power, and an intelligent gearbox, which itself adjusts operating modes to the road surfaces.… Continue reading GAC MOTOR Russia Brand Strategy of “GO AND CHANGE”
@Toyota: Toyota Tsusho Has Signed a Distributor Agreement with Cybellum Technologies Ltd., a Provider of Security Services for Automobiles
Toyota Tsusho Corporation (“Toyota Tsusho”) signed a distributor agreement in June 2021 with the Israeli startup company Cybellum Technologies Ltd. (“Cybellum”), which provides security services for automobiles. Toyota Tsusho is the first company to conclude a distributor agreement for the Japanese market. Go to Source
@Toyota: Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft’s Level 5 Division
Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of Level 5, the self-driving division of Lyft, Inc. (“Lyft”), a proposed transaction previously announced in April 2021. This marks the first acquisition for Woven Planet, a group that is focused on mobility innovations and investments in… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft’s Level 5 Division
ALYI Electric Motorcycle Pilot Report Scheduled For Release Next Week
DALLAS, July 20, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced a scheduled electric motorcycle pilot report to provide a comprehensive update on the pilot progress so far and an overview of what to expect going forward. The pilot report will be published next week on Thursday, July 29th, 2021. Last week, ALYI… Continue reading ALYI Electric Motorcycle Pilot Report Scheduled For Release Next Week
Automotive Leaders from Daimler, Continental, Ford and BMW Join NODAR
SOMERVILLE, Mass., July 20, 2021 /PRNewswire/ — NODAR, the leading provider of camera-based 3D vision technology, announced today that the company added several automotive industry leaders to their team including Roger Nielsen, former President and CEO of Daimler Trucks North America, who will be joining the Board of Directors. The company also added Kurt Lehmann, former CTO… Continue reading Automotive Leaders from Daimler, Continental, Ford and BMW Join NODAR
Quanergy’s 3D LiDAR Solution Selected for First V2X Smart City Deployment in Korea
SUNNYVALE, Calif.–(BUSINESS WIRE)– #Busan–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced its 3D LiDAR solution has been selected to support the development of an Information, Communication, and Technology (ICT) system in Busan, South Korea. The ICT system is a key component… Continue reading Quanergy’s 3D LiDAR Solution Selected for First V2X Smart City Deployment in Korea
Mercari Announces Nationwide Delivery Partnership with Uber to Expand Local No Meetup Marketplace
Building on the success of rollouts in major cities including San Francisco, New York, and Houston, the local no-meetup offering previously known as Mercari Now will launch nationwide as Mercari Local. With delivery logistics powered by Uber, Mercari Local provides casual sellers and avid collectors with an even easier way to exchange must-have items, everyday… Continue reading Mercari Announces Nationwide Delivery Partnership with Uber to Expand Local No Meetup Marketplace
@Renault: AVTOVAZ celebrates 55 years old000259
July 20, 2021 marks the 55th anniversary of the signing of the government decree on the construction of car manufacturing plant in the city of Togliatti. This day is considered the date of AVTOVAZ foundation.For 55 years, AVTOVAZ has produced more than 30 million cars of more than 50 different models. LADA cars take a… Continue reading @Renault: AVTOVAZ celebrates 55 years old000259