DETROIT, July 30, 2020 /PRNewswire/ — American Axle & Manufacturing’s Electric Drive technology powers the all-electric Baojun E300 Plus from SAIC-GM-Wuling. The new 4-seat minicar went on sale recently in China. The E300 Plus is powered by a 40 kW Electric Drive Unit manufactured at Liuzhou AAM Automotive Driveline System Co., Ltd. in a state-of-the-art manufacturing… Continue reading AAM Supplies Electric Drive Unit for New Baojun E300 Plus in China
Category: Newswire
Stoneridge Reports Second-Quarter 2020 Results
NOVI, Mich., July 29, 2020 /PRNewswire/ — 2020 Second-Quarter Results Loss per share (“EPS”) of ($0.81) Adjusted EPS of ($0.55) Sales of $99.5 million Gross profit of $13.3 million Adjusted gross profit of $14.4 million (14.5% of sales) Operating loss of ($26.8) million Adjusted operating loss of ($19.1) million ((19.2%) of sales) Adjusted EBITDA… Continue reading Stoneridge Reports Second-Quarter 2020 Results
World’s leading automotive camera producer ZF launches next-generation ADAS cameras
Among the first ever cameras to offer the capability of a 100-degree horizontal field of view, the S-Cam4.8 represents another important step forward in meeting future Euro NCAP 5-Star Safety Ratings and IIHS Top Safety Pick+ requirements as well as General Safety Regulations that require increasingly stringent test protocols for safety critical systems. “The S-Cam 4.8… Continue reading World’s leading automotive camera producer ZF launches next-generation ADAS cameras
Toyoda Gosei to Partner With Ossia Inc., a World Leader in Wireless Power
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has concluded a joint development agreement with Ossia Inc., a U.S. startup that leads the world in the field of wireless power solutions. The two companies will work to apply wireless power technology in vehicle cabins, smart cities, and more. In recent years, Toyoda Gosei has focused increasingly… Continue reading Toyoda Gosei to Partner With Ossia Inc., a World Leader in Wireless Power
Quanergy Unveils the M1 Sensor With Highest Accuracy for Mid-Long Range Industrial Measurement Applications
SUNNYVALE, Calif.–(BUSINESS WIRE)– #3Dlidarintegrationwithgentec–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today unveiled M1, a next generation 2D industrial LiDAR sensor for mid- to long-range, high precision measurement applications. The M1 joins the company’s M-Series to expand its industrial product portfolio by offering twice the price-performance… Continue reading Quanergy Unveils the M1 Sensor With Highest Accuracy for Mid-Long Range Industrial Measurement Applications
Green Hills Software Welcomes Argus Cyber Security into Its Rich EcoSystem of Automotive Partners
The partnership follows a successful customer collaboration in which Argus Control Flow Integrity, in combination with the Green Hills Optimizing C/C++ Compiler, will start protecting vehicles on the road in 2021 TEL-AVIV, Israel and SANTA BARBARA, Calif., July 29, 2020 /PRNewswire/ — Green Hills Software, the worldwide leader in embedded safety and security, and Argus Cyber… Continue reading Green Hills Software Welcomes Argus Cyber Security into Its Rich EcoSystem of Automotive Partners
German Continental sets up supercomputer to boost autonomous driving
BERLIN, July 28 (Xinhua) — German automotive supplier Continental set up a supercomputer for Artificial Intelligence (AI) to accelerate the development of innovative mobility technologies, the company announced on Tuesday.
“AI enhances advanced driver assistance systems, makes mobility smarter and safer and accelerates the development of systems for autonomous driving,” the firm noted.
The supercomputer, which was among the 500 most powerful computers in the world, was operating from a data center in Frankfurt am Main in Germany since the beginning of the year and used technology from the U.S. company NVIDIA, according to Continental.
“The supercomputer is an investment in our future,” said Christian Schumacher, head of program management systems in Continental's advanced driver assistance systems business unit.
Continental's fleet of test cars was currently traveling around 15,000 kilometers per day, generating around 100 terabytes of data, equivalent to 50,000 hours of mov..
GROUPE RENAULT: Nissan contribution to Renault’s Q2 2020 earnings
July 28th, 2020Nissan contributes – €1,244 million for second quarter 2020 to Renault’s earningsNissan released today its results for the first quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31th, 2021).Nissan’s results, published in Japanese accounting standards, for the first quarter of fiscal year 2020/2021 (April 1st to June 30th, 2020) will have… Continue reading GROUPE RENAULT: Nissan contribution to Renault’s Q2 2020 earnings
Linear Labs Reaches Major Milestone With Mass Production of New E-mobility Smart Motor
The announcement comes on the heels of a $68.9 million economic incentive deal with the City of Fort Worth to bring advance automation manufacturing to the rapidly growing home of Energy 2.0. The company will start with an allocation of production that is distributed between itself and several Tier One sub-contractors in order to expedite… Continue reading Linear Labs Reaches Major Milestone With Mass Production of New E-mobility Smart Motor
Cybellum Closes $12M in Series A Funding to Redefine Automotive Cybersecurity Risk Assessment
TEL AVIV, Israel, July 28, 2020 /PRNewswire/ — Cybellum, a leader in Automotive Cybersecurity Risk Assessment, today announced a $12 million round A funding, bringing total investment in the company to $15 million. The financing round was led by RSBG Ventures GmbH with additional investment from Cybellum existing investors, Blumberg Capital and Target Global. The funding… Continue reading Cybellum Closes $12M in Series A Funding to Redefine Automotive Cybersecurity Risk Assessment