MOUNTAIN VIEW, Calif., May 25, 2023 /PRNewswire/ — Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and Embark Technology, Inc. (NASDAQ: EMBK), an autonomous trucking software company, today announced that the companies have entered into a definitive merger agreement. Under the agreement, Applied will acquire Embark in an all-cash transaction with an… Continue reading Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development
Tag: Autonomous
Humanoid Robots Are Coming of Age
Eight years ago, the Pentagon’s Defense Advanced Research Projects Agency organized a painful-to-watch contest that involved robots slowly struggling (and often failing) to perform a series of human tasks, including opening doors, operating power tools, and driving golf carts. Clips of them fumbling and stumbling through the Darpa Robotics Challenge soon went viral. DARPA via Will… Continue reading Humanoid Robots Are Coming of Age
Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, May 24, 2023 /PRNewswire/ — The global logistics automation market size is expected to reach USD 90.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.7% over the forecast period. Logistics operations are critical factors in the smooth functioning of… Continue reading Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.
China’s leading wine producer to host int’l wine conference, expo in June
YINCHUAN, China, May 24, 2023 /PRNewswire/ — Ningxia, China’s leading wine-producing region, will host a wine-themed international conference and an expo in its capital city of Yinchuan next month, the event’s organizers said Tuesday. The International Conference on Grape and Wine Industries, as well as the third China (Ningxia) International Wine Culture and Tourism Expo, will be held… Continue reading China’s leading wine producer to host int’l wine conference, expo in June
Torc’s new partner for autonomous trucks with refrigerated transport
Self-driving vehicle company Torc Robotics has agreed to partner with transportation company C.R. England to work together on a pilot project for autonomous trucks. That with Daimler trucks Cooperating companies Torc confirmed the strategic cooperation. Torc’s fleet of autonomous trucks is said to carry temperature-controlled loads from C.R. Use England for long-distance travel. [embedded content]… Continue reading Torc’s new partner for autonomous trucks with refrigerated transport
Automotive Microcontrollers (MCU) Market worth USD 27.21 Billion by 2029, in depth analysis of the current trends and future estimations
The growing number of cyber threats hampers the Automotive Microcontrollers (MCU) market growth PUNE, India, May 25, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Automotive Microcontrollers (MCU) Market. The global Automotive Microcontrollers… Continue reading Automotive Microcontrollers (MCU) Market worth USD 27.21 Billion by 2029, in depth analysis of the current trends and future estimations
Driving the Future: How Generative AI is Transforming the Automotive Industry
LONDON, May 25, 2023 /PRNewswire/ — In a groundbreaking development, Generative AI has emerged as a transformative force within the automotive industry, revolutionizing the way vehicles are designed, manufactured, and experienced. A recent article by Sarwant Singh, President (Europe) and Chief Commercial Officer, MarketsandMarkets™, published on Forbes.com, explores the various use cases of Generative AI… Continue reading Driving the Future: How Generative AI is Transforming the Automotive Industry
Global Advanced Driver Assistance Systems and Autonomous Driving Industry Outlook 2023: Eyes-off Driving and Automation in Parking Solutions Boost the Growth Potential of the Market
DUBLIN, May 25, 2023 /PRNewswire/ — The “Global Advanced Driver Assistance Systems and Autonomous Driving Industry, Outlook 2023” report has been added to ResearchAndMarkets.com’s offering. Though the automotive industry is recovering from the COVID era and reaching pre-COVID forecasted vehicle sales, it still faces many challenges – regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original… Continue reading Global Advanced Driver Assistance Systems and Autonomous Driving Industry Outlook 2023: Eyes-off Driving and Automation in Parking Solutions Boost the Growth Potential of the Market
Hyundai Mobis Develops Groundbreaking Headlamps that Prevent Nighttime Accidents
Displays real-time driving information on the road for drivers, and guides pedestrians to cross roads safely with a virtual crosswalk. The system integrates with the camera sensor and GPS navigation to show various information and help drivers drive safely at night. HD Lighting system is developed by even considering communication between the driver and pedestrians…… Continue reading Hyundai Mobis Develops Groundbreaking Headlamps that Prevent Nighttime Accidents
@Nio: NIO Inc. to Hold Annual General Meeting on June 26, 2023000524
SHANGHAI, China, May 25, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “Notice of AGM”)… Continue reading @Nio: NIO Inc. to Hold Annual General Meeting on June 26, 2023000524