Mitsubishi Motors To Launch Lineup Of New Vehicles

Between now and the end of the second quarter of 2021, Mitsubishi Motors North America, Inc. (MMNA) will launch three considerably revised vehicles and one all-new, ground-up redesign, proof of the company’s commitment to deliver high quality, top value, leading-edge technology vehicles in the U.S. In addition, standard features and added value across the entire… Continue reading Mitsubishi Motors To Launch Lineup Of New Vehicles

Swoop Snags $3.2M to Build SaaS for Local Transportation Businesses

LOS ANGELES, July 22, 2020 /PRNewswire/ — Annually, there are over 400M people in the US that rely on chauffeured group transportation services, spending more than $40B on it. However, vehicle utilization for these mostly small local operators is currently at 4.9%. On top of that, customers often end up frustrated by analog booking processes, broken… Continue reading Swoop Snags $3.2M to Build SaaS for Local Transportation Businesses

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2020

KYOTO, Japan, July 21, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2020.The highlights are as follows:The net sales stood at 336.9 billion yen, 7% down Y/Y.Despite reduced profit due to the lower… Continue reading Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2020

Netradyne Passes 1 Billion Miles Mapped and Captures and Analyzes Nearly 3 Billion Minutes of Vision Based Driving Data

SAN DIEGO, July 21, 2020 /PRNewswire/ — Netradyne, a leader in artificial intelligence (AI) and edge computing focusing on driver and fleet safety, today announced that Driveri®, its vision-based driver recognition safety program, has mapped data from vehicles traveling more than 1 billion miles on US roads, including 1.8 million unique miles, more than any other… Continue reading Netradyne Passes 1 Billion Miles Mapped and Captures and Analyzes Nearly 3 Billion Minutes of Vision Based Driving Data

BorgWarner Provides Three New Energy Vehicle (NEV) Companies with Efficient, Lightweight Electric Drive Modules (eDMs)

SHANGHAI, July 21, 2020 /PRNewswire/ — BorgWarner has started supplying its high-performance, lightweight, and compact electric drive module (eDM) to power three Chinese new energy vehicles (NEVs): the JMC-Ford Territory, the AIWAYS SUV U5 and the Leading Ideal One’s smart electric large SUV without mileage anxiety. With a compact, lightweight, easy-to-install design, BorgWarner’s eDM delivers the… Continue reading BorgWarner Provides Three New Energy Vehicle (NEV) Companies with Efficient, Lightweight Electric Drive Modules (eDMs)

Spectra Selects ParkMobile as Official Parking Reservations Partner

Committed to enhancing the customer parking experience, ParkMobile’s app and website will allow Spectra guests to find available parking spaces, book parking spots ahead of time, and filter for specifications like tailgating, oversized vehicles, and more. For guests who elect not to reserve parking in advance, venues will be able to leverage ParkMobile’s drive-up parking… Continue reading Spectra Selects ParkMobile as Official Parking Reservations Partner

Groupe Renault : availability of sales figures for June 2020

Communication about availability – Renault sales figures for June 2020Boulogne, July 20, 2020Renault announces that its sales figures report for June 2020 is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’. AttachmentAvailability RENAULT Sales Go to Source

Sibros Closes $12 Million Series A for First Deep Connected Vehicle Platform

SAN JOSE, Calif., July 20, 2020 /PRNewswire/ — Deep Connected Vehicle platform company Sibros, announced today it has closed $12 million in Series A funding, bringing its total capital raised to over $15 million. The round was led by Nexus Venture Partners with participation from Moneta Ventures and Twin Ventures. The funds will be used to… Continue reading Sibros Closes $12 Million Series A for First Deep Connected Vehicle Platform

CarLabs.ai adds AI Talent, John A. Ruble, to its Team

LOS ANGELES, July 15, 2020 /PRNewswire/ — CarLabs.ai, the leading AI-powered intelligent virtual agent solution provider in the automotive industry, welcomes new Vice President of Business Development, John Ruble. CarLabs’ will benefit from Ruble’s formidable AI business development track record to expand its client base and bring value to new automotive partnerships using the CarLabs.ai platform.  … Continue reading CarLabs.ai adds AI Talent, John A. Ruble, to its Team