TomTom Reaches Mapping Milestone: 1.5 Billion Updates in a Single Month

  Amsterdam, The Netherlands, August 21, 2018    TomTom (TOM2) today announced that, in a single month, it has made 1.5 billion changes to its digital maps which are delivered to TomTom customers on a weekly basis. The milestone is key to the company’s mission to shape the future of mobility in a world that increasingly… Continue reading TomTom Reaches Mapping Milestone: 1.5 Billion Updates in a Single Month

Continental Recognized by Forbes as one of The Best Employers for Women

Continental is one of seven automotive companies to make Forbes’ inaugural ranking Expansion of work-life balance initiatives with a focus on flexibility continues Earlier this year Forbes recognized Continental as one of America’s Best Employers for the third year in a row Auburn Hills, Mich., Aug. 14, 2018 – The technology company Continental was recently… Continue reading Continental Recognized by Forbes as one of The Best Employers for Women

Oil-free: MAHLE compressor components for commercial vehicles

MAHLE’s oil-free compressors ensure clean compressed air in commercial vehicles Teflon piston ring and antifriction piston coating provide for smooth operation and high durability The advantages are evident: clean, oil-free compressed air flow, low maintenance costs, low weight, and low frictional resistance because no oil control ring is necessary. MAHLE offers the piston, piston ring,… Continue reading Oil-free: MAHLE compressor components for commercial vehicles

MAHLE intends to continue its growth in the aftermarket with thermal management products

MAHLE plans acquisition of Hella’s shares in the joint venture Behr Hella Service, transitional period until December 31, 2019 Products and solutions for efficient thermal management are of great strategic importance for all powertrain technologies Full spectrum of thermal management products for MAHLE Aftermarket customers from a single source MAHLE and Hella have agreed that… Continue reading MAHLE intends to continue its growth in the aftermarket with thermal management products

Press release / August 9, 2018 LeddarTech delivers first LCA2 LiDAR chips to automotive partners LeddarTech has delivered the first A-samples of its LCA2 system-on-chip and now offers evaluation kits to select automotive partners.

Leddartech/Press release/LeddarTech delivers first LCA2 LiDAR chips to automotive partners

-News Release-

LeddarTech delivers first LCA2 LiDAR chips to automotive partners
Samples and evaluation kits of industry’s first 3D SSL system-on-chip ships to first partners for autonomous driving applications.
QUEBEC CITY, August 9th, 2018 – LeddarTech has delivered the first A-samples of its LeddarCore LCA2 system-on-chip (SoC) to select automotive partners that will be publicly disclosed at a later date this year. The LCA2 is the autonomous vehicle industry’s first 3D solid-state LiDAR (SSL) SoC and is available now to Tier-1 automotive manufacturers and system integrators via purchase of the LeddarTech LCA2 evaluation kit. High-volume delivery of the LCA2 will begin in the first half of 2019 for deployment in Autonomous Driving (AD) and Advanced Driving Assistance Systems (ADAS).

The LCA2 uses LeddarTech’s LeddarSP signal processing software to produce raw LiDAR data such as distance, position, and intensity of echoes. LCA2 is suitable for a wide range of applications, can be produced in high volumes for rapid mass-market deployment, and is ideal for SSL used in AD/ADAS. LeddarTech’s LiDAR technology is supported by an IP portfolio containing 58 patents (44 granted, 14 pending).

“We’re proud to be the first company in the industry to deliver 3D solid-state LiDAR SoCs,” said LeddarTech General Manager of Automotive Business Unit Michael Poulin. “This announcement shows that LeddarTech is a company that’s beyond the point of conceptualization and delivers on its ideas and promises.”

LCA2 evaluation kits are available to prospective automotive partners to benchmark the technology against intended application requirements. Kits contain:
• One fully-functional solid-state LiDAR unit integrating an LCA2 SoC
• LeddarSP signal processing software
• Additional software to facilitate evaluation and application development

Tier-1s and OEMs that order an evaluation kit are able to immediately begin application development and integration efforts of their custom LCA2-based LiDAR. To accelerate and support partner development of LCA2-based LiDAR, LeddarTech is providing engineering services and access to the company’s SSL experts. LeddarTech’s ecosystem partners are also supporting customers in making the proper selection and integration of key components such as lasers and photodetectors.

“LeddarTech’s LCA2 SoCs present an opportunity for our partners to develop their own optimized and tailored LiDAR solution and develop strong in-house LiDAR expertise,” said Poulin. “We now have a wide ecosystem of developers and suppliers adopting our LiDAR platform, which will accelerate optimization and cost reduction of solutions, hence supporting increased speed of adoption of autonomous driving.”

Learn more about LeddarCore LCA2 applications in automotive

Inquire about the LCA2 Eval Kits

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SHARE CAPITAL REDUCTION OF 0.74% THROUGH THE CANCELLATION OF TREASURY STOCK

The Board of Directors of Compagnie Plastic Omnium, representing 0.74% of the share capital of the company. This operation was completed today. As a result of this operation, the share capital of Compagnie Plastic Omnium is reduced from 150,976,720 ordinary shares to 149,866,107 ordinary shares with a value of € 0.06, ie. an amount of… Continue reading SHARE CAPITAL REDUCTION OF 0.74% THROUGH THE CANCELLATION OF TREASURY STOCK

First-half 2018: Further improvement in results

Major strategic advancesProposed disposal of the business environment Plastic Omnium, an innovative company employing more than 3,200 engineers in 24 R & D centers worldwide, dedicates 6.4% of revenue to Research & Development, supplemented by a further 1.5% on investment in technologies. Over the next two years, the Group will allocate 1.2 billion euros in… Continue reading First-half 2018: Further improvement in results

Proposed sale of the business environment

On July 19, 2018, Compagnie Plastic Omnium signed with the consortium made up of Latour Capital and Bpifrance (Public Investment Bank) for the sale of its subsidiary Plastic Omnium Environment BV. The closing of this operation is expected by the end of 2018. The Environment business – which is Plastic Omnium’s founding business – is… Continue reading Proposed sale of the business environment

Plastic Omnium finalizes its reinforced stake in HBPO, world leader in front-end modules

The German Group, Mahle’s 33.33% equity investment in the joint venture, HBPO, up to now held by Plastic Omnium, Hella and Mahle-Behr. Plastic Omnium now owns 66.66% of HBPO.This acquisition was signed for an enterprise value of € 350M, financed by the Group’s own resources.HBPO is the world leader in the development, assembly and logistics… Continue reading Plastic Omnium finalizes its reinforced stake in HBPO, world leader in front-end modules

Clean, efficient, and low-cost: MAHLE optimizes combustion engines for commercial vehicles with variable valve train

Reduction in the total cost of ownership (TCO) of commercial vehicles with MAHLE solutions Promising strategies: waste heat recovery, functional integration in the valve train, and optimized thermal processes Thanks to an adjustable cam follower, the system can be brought into contact with one of the two cam lobes, which have different profiles. The electrically… Continue reading Clean, efficient, and low-cost: MAHLE optimizes combustion engines for commercial vehicles with variable valve train