Hungarian and Israeli business partners have established a joint venture to develop a communication system for dispatchers and passengers on self-driving buses, diplomatic and government officials from the two countries said at the Hungarian embassy in Tel Aviv on Sunday.WeVid will have access to ZalaZone, Hungaryʼs new test track for self-driving vehicles, to develop its solution.
Category: Newswire
ADASISAN 3D 360-Degree Surround View AHD Car Cameras – Eagle Parking Assist
SHENZHEN, China, Oct. 28, 2019 /PRNewswire/ — Drivers have heard of dashcams and also might have even tried a dashcam. ADASISAN blows every single dashcam out of the water. It’s made up of not one, not two, not three, but four cameras, all keeping an eye on the environment around the car and recording everything. Moreover,… Continue reading ADASISAN 3D 360-Degree Surround View AHD Car Cameras – Eagle Parking Assist
Daimler Trucks North America Showcases Robust Lineup at NACV
“The North American Commercial Vehicle Show is the ideal venue to showcase the latest solutions for our customers,” said Roger Nielsen, president and CEO, Daimler Trucks North America. “The innovative work of our collective team is represented in the products and services displayed in our booth, designed to demonstrate the complete customer journey of today,… Continue reading Daimler Trucks North America Showcases Robust Lineup at NACV
BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
AUBURN HILLS, Mich., Oct. 28, 2019 /PRNewswire/ — BorgWarner has developed an innovative torque vectoring system for electric vehicles which enables the use of just one electric motor instead of the traditional two that are typically found on electric vehicles. This solution is cost-effective and features a compact design, significantly reducing the vehicle space needed as well… Continue reading BorgWarner Develops Innovative Torque-Vectoring Dual-Clutch System for Electric Vehicles
Bentley’s CEO of North and South America reveals the biggest way millennials are different than older customers
Climate change has received more attention as its current and future effects become increasingly dire.Like other automakers, Bentley plans to increase its electric and hybrid offerings in the coming years.Each of its vehicles will have a hybrid option by 2023, and the luxury automaker plans to release its first fully-electric vehicle in 2025.
BAIC makes capital statement with BEIJING brand launch
China’s BAIC Group, partner of Mercedes-Benz and Hyundai, has unveiled a new brand called BEIJING in an effort to sharpen the competitive edge of its own passenger vehicle business.BJEV spent 159 million yuan ($22.5 million) in research and development in the first half of the year.In five years’ time, the group will invest 20 billion yuan to develop two new product platforms: one for hybrid cars and the other for electric vehicles.
Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
SEONGNAM, Korea, Oct. 28, 2019 /PRNewswire/ — Smart Radar System (SRS), a startup developing radar solutions for autonomous cars and industrial applications, closed a $4 million Series A funding round. The round was led by Kakao Ventures, with participation from Hemi Ventures, Hyundai Investment Partners and other investors. Continue Reading Smart Radar System RETINA 4:… Continue reading Smart Radar System Raises Series A for the World’s First 4D Image Radar with Sub-1 Degree Angular Resolution
Dreyev Chooses HERE to Improve Driver Safety
New HERE Live Sense SDK Provides a More Complete Driver Safety Solution for Fleet Managers and Insurance Carriers Go to Source
Daimler reports third-quarter 2019 results
STUTTGART, Germany, Oct. 24, 2019 /PRNewswire/ — Strong Q3 sales for Mercedes-Benz Cars (+8%) and Vans (+10%) Revenue of €43.3 billion (Q3 2018: €40.2 billion) Group EBIT of €2.7 billion (Q3 2018: €2.5 billion) Group net profit of €1,813 million (Q3 2018: €1,761 million) Industrial Net Liquidity at €9.6 billion (Q2 2019: €6.6 billion)… Continue reading Daimler reports third-quarter 2019 results
Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2019
KYOTO, Japan, Oct. 23, 2019 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2019 through September 30, 2019.The highlights are as follows:First-half net sales remain flat Y/Y and the annual forecast remains unchanged.First-half operating… Continue reading Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2019