Veoneer Awarded Major Restraint Control System Business by North American OEM

STOCKHOLM, Dec. 16, 2022 /PRNewswire/ — The automotive technology company Veoneer has been awarded its largest Restraint Control System contract ever. Veoneer’s Restraint Control Systems (RCS) business has been awarded a significant, long-term contract to deliver its market-leading next-generation product to one of North America’s largest OEMs. In 2026, Veoneer will begin delivering the restraint… Continue reading Veoneer Awarded Major Restraint Control System Business by North American OEM

ZF launches 4D, high-resolution imaging radar with SAIC in China

ZF has initiated the first launch of its imaging radar technology to China’s SAIC Motor Corporation for its R-Series vehicles. Previously known as Full-Range Radar, ZF Imaging radar perceives vehicle surroundings in four dimensions, including their discrete height information. In combination with these technologies, high-resolution imaging radar can help provide the necessary safety and reliability… Continue reading ZF launches 4D, high-resolution imaging radar with SAIC in China

LG Innotek, developed two new hybrid lenses for high-performance Autonomous Driving

Reduce the size and thickness compared to conventional products…level up price competitiveness Succeed first in the world to develop a lens with plastic adapted for ADAS regarding high resolution “Realize best performance overcoming material limitation…an outcome innovative to client experience” SEOUL, South Korea, Dec. 14, 2022 /PRNewswire/ — LG Innotek(CEO Jeong Cheol-dong) said 14th it has… Continue reading LG Innotek, developed two new hybrid lenses for high-performance Autonomous Driving

Exclusive interview: Auto Trader COO on cost of living crisis

Catherine Faiers has been responsible for Auto Trader’s day-to-day operations since May 2019, when she was appointed chief operating officer. She joined the company as marketing director in 2017, and prior to that was COO at Addison Lee, corporate development director at Trainline and a director at Close Brothers Corporate Finance.  Here, Faiers discusses how she… Continue reading Exclusive interview: Auto Trader COO on cost of living crisis

LG Innotek unveils a total solution for future vehicles at CES 2023

Next January, LG Innotek (CEO Cheol-dong Jeong) will hold the world’s largest IT exhibition in Las Vegas. The exhibition will set up an open booth for the first time at CES 2023 to unveil a large number of new EVs and autonomous EVs. LG Innotek has participated in CES at a closed exhibition in which… Continue reading LG Innotek unveils a total solution for future vehicles at CES 2023

Automotive Semiconductor Market worth $70.0 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 16, 2022 /PRNewswire/ — The automotive semiconductor market is projected to grow from USD 42.9 billion in 2022 to USD 70.0 billion by 2027; it is expected to grow at a CAGR of 10.1% during the forecast period according to a new report by MarketsandMarkets™. A number of factors, including increased demand for… Continue reading Automotive Semiconductor Market worth $70.0 billion by 2027 – Exclusive Report by MarketsandMarkets™

Veoneer Awarded Major Restraint Control System Business by North American OEM

STOCKHOLM, Dec. 16, 2022 /PRNewswire/ — The automotive technology company Veoneer has been awarded its largest Restraint Control System contract ever. Veoneer’s Restraint Control Systems (RCS) business has been awarded a significant, long-term contract to deliver its market-leading next-generation product to one of North America’s largest OEMs. In 2026, Veoneer will begin delivering the restraint… Continue reading Veoneer Awarded Major Restraint Control System Business by North American OEM

Gallery

Dec 16 (Reuters) – Self driving trucking company TuSimple Holdings Inc (TSP.O) plans to potentially cut half of its workforce next week, WSJ reported. The job cut would likely affect at least 700 employees, the report said citing people familiar with the matter. TuSimple did not immediately respond to a Reuters request for comment. The… Continue reading Gallery

NHTSA opens probe into GM’s autonomous driving technology

The announcement comes after three reported incidents involving Cruise robotaxis. The National Highway Transportation Safety Administration announced Thursday that it is opening an investigation into the self-driving technology behind General Motors’ robotaxi fleet. This announcement follows three reported accidents allegedly caused by Cruise vehicles braking hard or otherwise becoming immobilized in traffic, creating unannounced obstacles… Continue reading NHTSA opens probe into GM’s autonomous driving technology

Audi to reveal rugged Activesphere crossover concept next month

The new Audi Activesphere, a next-generation concept car with an electric powertrain and level four autonomous driving capabilities, will be revealed on 26 January.  Taking the form of a rugged, off-road crossover, the surprise model will provide both on- and off-road capabilities to enable drivers to live a more active lifestyle, according to Audi.  The Activesphere is… Continue reading Audi to reveal rugged Activesphere crossover concept next month