Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, April 7, 2023 /PRNewswire/ — Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period, according to a new report by MarketsandMarkets™. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected… Continue reading Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

Valeo bags new biz for third-gen LiDAR, crosses billion euros in orders

Valeo, the global leader in ADAS, has announced that its SCALA 3 LiDAR (light detection and ranging) has been chosen by a leading Asian manufacturer and an American robotaxi company. Valeo states that it has now registered orders worth more than a billion euros (Rs 8.788 crore) for SCALA 3. According to the French component and auto component… Continue reading Valeo bags new biz for third-gen LiDAR, crosses billion euros in orders

Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, April 7, 2023 /PRNewswire/ — Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period, according to a new report by MarketsandMarkets™. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected… Continue reading Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation ‘5G-V2X Cellular Module’

Vehicle communication supported with ultra-high speed 5G – An Essential element for safety in autonomous driving Data download speed quadrupled…Component downsized by up to 20% “Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value” SEOUL, South Korea, April 6, 2023 /PRNewswire/ — LG Innotek (CEO Cheol-dong Jeong) announced… Continue reading LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation ‘5G-V2X Cellular Module’

LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation ‘5G-V2X Cellular Module’

Vehicle communication supported with ultra-high speed 5G – An Essential element for safety in autonomous driving Data download speed quadrupled…Component downsized by up to 20% “Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value” SEOUL, South Korea, April 6, 2023 /PRNewswire/ — LG Innotek (CEO Cheol-dong Jeong) announced… Continue reading LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation ‘5G-V2X Cellular Module’

Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, April 7, 2023 /PRNewswire/ — Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period, according to a new report by MarketsandMarkets™. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected… Continue reading Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, April 7, 2023 /PRNewswire/ — Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period, according to a new report by MarketsandMarkets™. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected… Continue reading Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation ‘5G-V2X Cellular Module’

Vehicle communication supported with ultra-high speed 5G – An Essential element for safety in autonomous driving Data download speed quadrupled…Component downsized by up to 20% “Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value” SEOUL, South Korea, April 6, 2023 /PRNewswire/ — LG Innotek (CEO Cheol-dong Jeong) announced… Continue reading LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation ‘5G-V2X Cellular Module’

GM’s self-driving unit, Cruise, recalls 300 cars after 1 crashed into a bus

General Motors’ self-driving subsidiary Cruise is recalling the automated driving software in 300 of its vehicles after a collision with a bus in San Francisco last month. In a filing with the National Highway Traffic Safety Administration dated April 3, Cruise said the software may cause a crash because it inaccurately predicts the movement of… Continue reading GM’s self-driving unit, Cruise, recalls 300 cars after 1 crashed into a bus

Cruise recalls 300 robotaxis, issues software update after crashing into city bus

GM’s self-driving unit Cruise filed with federal regulators a voluntary recall to update the software in 300 robotaxis after one struck the back of a city bus in San Francisco. Cruise said in a report with the National Highway Transportation Safety Administration that it initiated the recall because in rare circumstances the software could inaccurately… Continue reading Cruise recalls 300 robotaxis, issues software update after crashing into city bus