VW wants to offer Level 4 vehicles from 2026

Carmaker Volkswagen announced that it would launch a Level 4 vehicle by 2026. The CEO of Volkswagen, Herbert Diess, has an autonomous vehicle on level 4 announced. The vehicle should be on the market by 2026. This is apparently related to a new partner: Qualcomm. VW will source its hardware from the company. Autonomous driving… Continue reading VW wants to offer Level 4 vehicles from 2026

Ferrari Purosangue SUV confirmed for V12 engine

“I’m convinced on this car and the technical concept,” Ferrari’s then chief technical officer, Michael Leiters, told Autocar in 2019. “I think we’ve found a concept and a package which is on one side a real SUV and will convince SUV customers to buy it, but on the other side there’s a huge differentiation of… Continue reading Ferrari Purosangue SUV confirmed for V12 engine

Adient reports second quarter 2022 financial results

PLYMOUTH, Mich., May 5, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2022 financial results. (PRNewsfoto/Adient) Q2 GAAP net loss and EPS diluted of $(81)M and $(0.85), respectively; Q2 Adj.-EPS diluted of $(0.13) Q2 Adj.-EBITDA of $159M, down $144M y-o-y (down $131M when adjusting for portfolio… Continue reading Adient reports second quarter 2022 financial results

06:50 ETAdient reports second quarter 2022 financial resultsAdient (NYSE: ADNT), a global leader in automotive seating, today announced its second qua…

PLYMOUTH, Mich., May 5, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2022 financial results. Q2 GAAP net loss and EPS diluted of $(81)M and $(0.85), respectively; Q2 Adj.-EPS diluted of $(0.13) Q2 Adj.-EBITDA of $159M, down $144M y-o-y (down $131M when adjusting for portfolio actions executed… Continue reading 06:50 ETAdient reports second quarter 2022 financial resultsAdient (NYSE: ADNT), a global leader in automotive seating, today announced its second qua…

@Nio: NIO Provides Update on Status under Holding Foreign Companies Accountable Act000387

May 5, 2022 NIO Provides Update on Status under Holding Foreign Companies Accountable Act SHANGHAI, May 05, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today provides an update on its status under the Holding Foreign… Continue reading @Nio: NIO Provides Update on Status under Holding Foreign Companies Accountable Act000387

Aptiv Reports First Quarter 2022 Financial Results

Strong Revenue Growth Over Market Continues Despite Challenging Environment DUBLIN, May 5, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2022 U.S. GAAP earnings of $0.27 per diluted share. Excluding special items, first quarter earnings totaled $0.63 per diluted share.… Continue reading Aptiv Reports First Quarter 2022 Financial Results

Bridge the Gaps in Your ADAS Test Strategy

Achieving the next level in vehicle autonomy demands robust algorithms trained to interpret radar reflections from automotive radar sensors. Overcome the gaps between software simulation and roadway testing to train the ADAS / AV algorithms with real-world conditions. Sharpen your ADAS’ radar vision with full-scene emulation that allows you to lab test complex real-world scenario,… Continue reading Bridge the Gaps in Your ADAS Test Strategy

Carsome acquires auto websites WapCar, AutoFun  WapCar …

Malaysia-based used car marketplace Carsome has acquired Malaysian digital automotive content producer WapCar and its sister website Autofun for an undisclosed sum. WapCar and AutoFun will become a subsidiary named WapCar AutoFun under Carsome after the acquisition is complete. The vehicle content platform was set up in 2019 and runs several websites and social media… Continue reading Carsome acquires auto websites WapCar, AutoFun  WapCar …

Hella makes components for automated EV charging

Hella has developed an intelligent system components for the automated charging of electric vehicles. The electronic charging lid actuator (eLA) makes the tank cap intelligent and thus supports robot-assisted charging processes. Innovative light components intuitively visualise the status of the battery and charging mode and set additional design accents. The company claims that customer-specific functions… Continue reading Hella makes components for automated EV charging