TUCSON, Ariz., Nov. 23, 2020 /PRNewswire/ — Lunewave, manufacturer of specialized, 3D-printed Luneburg lens antennae and radar, announces $7M in Series A investment and the addition of two automotive industry leaders to its board of directors. FM Capital led the investment round with new investors including Proeza Ventures, Blue 9 Capital, Tsingyuan Ventures and Intact Ventures.… Continue reading Lunewave, Radar and Antenna Pioneer, Closes $7M in New Investment Led by FM Capital with Support from Proeza Ventures, Baidu Ventures
Category: Newswire
Human Horizons’ Super SUV, HiPhi X, Wows Crowds at Guangzhou Auto Show
Held annually since 2003, the Guangzhou Auto Show is South China’s largest exhibition for cars, accessories and other motor vehicles. The event is an opportunity for carmakers around the world to gather and showcase their latest innovations and newest offerings. Following great success at the 2020 Beijing Auto Show in October and Shanghai 2020 China… Continue reading Human Horizons’ Super SUV, HiPhi X, Wows Crowds at Guangzhou Auto Show
World NM: Huachen Automotive Group enters bankruptcy restructuring000494
Huachen Automotive Group Holdings has entered bankruptcy restructuring. The state-owned conglomerate is the parent of Brilliance China Automotive Holdings. Since the launch of the joint venture in 2003, BMW has invested over 52 billion yuan in Shenyang and completed the building of two automotive factories, one powertrain plant, and one research and development center. Go… Continue reading World NM: Huachen Automotive Group enters bankruptcy restructuring000494
Senmiao Technology Reports Fiscal 2021 Second Quarter Financial Results
CHENGDU, China, Nov. 20, 2020 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as its own online ride-hailing platform, today announced financial results for the fiscal 2021 second quarter ended September 30, 2020. Xi Wen, Chairman, Chief Executive… Continue reading Senmiao Technology Reports Fiscal 2021 Second Quarter Financial Results
Pylon Partners with BFGoodrich to Launch First-Ever BFGoodrich Wiper Blades
“Pylon’s 50-year legacy of engineering innovation was key in achieving success when we set out to create a wiper that excels in off-road and all-weather conditions”, said Mike Fretwell, Pylon CMO. “We’ve set a new benchmark in the industry and are excited to launch the BFGoodrich Off-Road Wiper Blades.” Made specifically for trucks, jeeps, SUVs… Continue reading Pylon Partners with BFGoodrich to Launch First-Ever BFGoodrich Wiper Blades
World NM: Nikola is nuts, when’s the crash?000475
…seems. Following a quite frankly hilarious short report in which the author, Hindenberg Research, claimed that Nikola had overstated its technology , overpaid insiders and — most memorably — rolled a… Go to Source
Quanergy Introduces Industry-Leading M8-Prime 3D LiDAR Sensor With 7.5x the Resolution and 1.3x the Detection Accuracy of Traditional Laser Scanners
SUNNYVALE, Calif.–(BUSINESS WIRE)– #3Dlidarintegrationwithgentec–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today unveiled the new M8-Prime series of 3D LiDAR sensors for mid- to long-range industrial applications requiring a high degree of accuracy and precision in industrial markets particularly in warehouse logistics and container ports and… Continue reading Quanergy Introduces Industry-Leading M8-Prime 3D LiDAR Sensor With 7.5x the Resolution and 1.3x the Detection Accuracy of Traditional Laser Scanners
Allison Transmission Closes Offering of $1 Billion Aggregate Principal Amount of 3.750% Senior Notes Due 2031
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison” or the “Company”) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the “Issuer”), completed its previously announced offering of $1 billion in aggregate principal amount of 3.750% Senior Notes due 2031 (the “Notes”) in a private placement (the “Offering”) exempt from registration under the Securities… Continue reading Allison Transmission Closes Offering of $1 Billion Aggregate Principal Amount of 3.750% Senior Notes Due 2031
Panasonic Collaborates with Phiar to Bring Real-World AI-Driven Navigation to Its Automotive Solutions
Phiar’s deep learning AI technology runs on automotive infotainment systems, detects and analyzes the driver’s surroundings in real-time, and combines it with 3D localization of the vehicle to provide augmented guidance and safety information. Phiar utilizes map and navigation data from the leading map platforms to offer live visual navigation with traffic and other contextual… Continue reading Panasonic Collaborates with Phiar to Bring Real-World AI-Driven Navigation to Its Automotive Solutions
Autonomous a2z raises US$1.9M in seed round for autonomous driving solution
Subsequently, Autonomous a2z announced that it has begun commercializing an ongoing project. It also stated that the infusion of capital is already serving as a stepping stone for future development of autonomous mobility solutions and for assuming a leading position in relevant markets. Founded in 2018, Autonomous a2z has advanced its cutting-edge technologies to test self-driving… Continue reading Autonomous a2z raises US$1.9M in seed round for autonomous driving solution