alwaysAI®‘s platform will enable automated accessibility features and enhanced passenger experience in Local Motor’s AV products. These features will allow transit services to reach more passengers, drive up vehicle utilization, and improve passenger safety. “Computer vision is a critical part of the new transportation industry. CV provides intelligent sight to autonomous vehicles, like the shuttles… Continue reading Local Motors selects alwaysAI® as its Computer Vision partner for automated accessibility features and enhanced customer experience on Olli 2.0
Category: Newswire
Quanergy Demonstrates the Industry First OPA-based Solid State LiDAR with 100 Meter Range
SUNNYVALE, Calif.–(BUSINESS WIRE)– #Automotive–Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the successful driving demonstration of its S3 Series LiDAR, a true solid state LiDAR sensor using an industry-first Optical Phased Array (OPA) technology and a scalable CMOS silicon manufacturing process… Continue reading Quanergy Demonstrates the Industry First OPA-based Solid State LiDAR with 100 Meter Range
Cummins Reports Second Quarter 2021 Results
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2021. Second quarter revenues of $6.1 billion increased 59 percent from the same quarter in 2020. Sales in North America increased 74 percent while international revenues increased 42 percent driven by strong demand across all global markets compared to the same… Continue reading Cummins Reports Second Quarter 2021 Results
Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps
“Gogoro’s strong momentum in monthly subscriber growth and total swapped batteries, along with our expanding list of partnerships with vehicle makers, are all strong indicators of our global leadership in urban battery swapping and smart mobility services,” said Horace Luke, founder, and CEO, Gogoro Inc. “We are proud of our success to date and the… Continue reading Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps
Hyundai Motor America Reports July 2021 Sales
FOUNTAIN VALLEY, Calif., Aug. 3, 2021 /PRNewswire/ — Hyundai Motor America reported total July sales of 68,500 units, a 19% increase compared with July 2020. This was the fifth consecutive month with at least a double digit increase in sales. Hyundai also set July total sales records for Venue and Kona. “Hyundai and our retail partners… Continue reading Hyundai Motor America Reports July 2021 Sales
A New Member Of The Subaru Wilderness Family Is On The Way
About Subaru of America, Inc. Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in… Continue reading A New Member Of The Subaru Wilderness Family Is On The Way
Volta Charging Announces Intent To Expand In Europe
SAN FRANCISCO, Aug. 3, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, which has entered into a definitive agreement for a business combination with Tortoise Acquisition Corp. II (NYSE: SNPR), announced today that it intends to expand operations into the European Union with the opening… Continue reading Volta Charging Announces Intent To Expand In Europe
Kia America Announces Highest July Sales In Company History
“Kia continues to build on the momentum from our record breaking first-half by setting yet another record” said Sean Yoon, president and CEO of Kia North America and Kia America. “Kia sold more than 74-percent of our available inventory in July as compared to 34-percent during the same period last year, a solid reflection of… Continue reading Kia America Announces Highest July Sales In Company History
Ferrari, Continuing Strong Momentum Across All Regions
CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2021. Second quarter results can be summarized as follows: Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019… Continue reading Ferrari, Continuing Strong Momentum Across All Regions
Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business
Pending customary closing conditions and regulatory approvals, Bridgestone will assume ownership of Azuga’s brands and business platforms. The Azuga fleet management platform, which includes advanced safety and fleet management tools, will complement the existing Bridgestone portfolio of cloud-based fleet mobility solutions. The acquisition of Azuga will rapidly advance Bridgestone’s comprehensive solutions for small to enterprise-sized… Continue reading Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business