Xiaomi backs Chinese auto electronics maker Atech’s $69m Series C roundThe deal marks Xiaomi’s latest investment in the auto sector.

Xiaomi has invested in auto electronics maker Atech Automotive, in the Chinese smartphone maker’s latest bet on the country’s auto industry after venturing into electric vehicle (EV) production last year. Atech Automotive, a nearly-two-decade-old Chinese manufacturer of auto electronics used in intelligent and autonomous driving vehicles, announced on Tuesday the completion of its Series C… Continue reading Xiaomi backs Chinese auto electronics maker Atech’s $69m Series C roundThe deal marks Xiaomi’s latest investment in the auto sector.

Automotive Filters Market to Propel at a CAGR of 1.70% to Hit a Revenue of US$ 26.08 Billion by 2031 | Report by Transparency Market Research, Inc.

Due to increasing vehicle sales throughout the world, players in the global automotive filter market are projected to have significant growth prospects in the years to come Due to fuel economy regulations, there is likely to be an increase in demand for automotive filters. WILMINGTON, DEL., Nov. 8, 2022 /PRNewswire/ — The global automotive filters market… Continue reading Automotive Filters Market to Propel at a CAGR of 1.70% to Hit a Revenue of US$ 26.08 Billion by 2031 | Report by Transparency Market Research, Inc.

2022 Singles’ Day Grand Promotion: Dada Group Optimized On-Demand Solutions to Support Merchants’ Growth and Brings a More Solid Life

The number of physical shops participating in the Double 11 Shopping Festival through the JDDJ platform, is doubling from that of last year. The first order, a latest Redmi Note 12 was delivered to customer nine minutes after the order was placed. SHANGHAI, Nov. 8, 2022 /PRNewswire/ — Dada Group (Nasdaq: DADA) (“Dada”), China’s leading… Continue reading 2022 Singles’ Day Grand Promotion: Dada Group Optimized On-Demand Solutions to Support Merchants’ Growth and Brings a More Solid Life

Online Car Buying Market Size to Increase by USD 214.41 Mn by 2026, 46% of the growth to originate from North America – Technavio

NEW YORK, Nov. 8, 2022 /PRNewswire/ — The Online Car Buying Market is estimated to grow by USD 214.41 million during 2021-2026. The market will accelerate at a CAGR of 12.4% with Y-O-Y growth of 12.0%. The report extensively covers the online car buying market segmentations by Class Type (pre-owned and new vehicle) and Geography (North America, Europe, APAC,… Continue reading Online Car Buying Market Size to Increase by USD 214.41 Mn by 2026, 46% of the growth to originate from North America – Technavio

How did Whetron Electronics enter the International intelligent vehicle market with key sensing technologies?

TAIPEI, Nov. 8, 2022 /PRNewswire/– This article is based on an interview undertaken by FusionMedium’s  technology online media, TechOrange, and published with permission: Honda, Ford, and Mazda’s EV sensors are all made in Taiwan Continue Reading Whetron Electronics was established in 1983 as a provider to the automotive electronics sector. Over the 40 years of… Continue reading How did Whetron Electronics enter the International intelligent vehicle market with key sensing technologies?

oToBrite Bullish on Future of Commercial and Special-purpose Vehicle Markets Given Wide-ranging Uses of Vision AI

TAIPEI, Nov. 8, 2022 /PRNewswire/ — This article is based on an interview undertaken by FusionMedium’s  technology online media, TechOrange, and published with permission: In recent years, the application of Vision AI has been witnessing rapid growth. In tandem with the automotive sector, the new technology has experienced a notable increase in demand for integration… Continue reading oToBrite Bullish on Future of Commercial and Special-purpose Vehicle Markets Given Wide-ranging Uses of Vision AI

Mindtronic uses machine learning technology to create a personalized driving experience

TAIPEI, Nov. 8, 2022 /PRNewswire/– This article is based on an interview undertaken by FusionMedium’s  technology online media, TechOrange, and published with permission: Make cars more than just a “phone with four wheels”! Continue Reading Make cars more than just a “phone with four wheels”! Mike Huang, CTO of Mindtronic AI, creates a personalized driving… Continue reading Mindtronic uses machine learning technology to create a personalized driving experience

Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA

Spanish electric mobility brand Urbet is making a splash at EICMA, the world’s best-known two-wheeler trade fair which opens in Milan, Italy today and goes on till November 13. The Marbella-based EV maker aims to use EICMA as a platform to target different European markets and also showcase its existing range as well as new… Continue reading Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA

Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA

Spanish electric mobility brand Urbet is making a splash at EICMA, the world’s best-known two-wheeler trade fair which opens in Milan, Italy today and goes on till November 13. The Marbella-based EV maker aims to use EICMA as a platform to target different European markets and also showcase its existing range as well as new… Continue reading Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA

Lyft takes $135.7 million hit on Argo AI shutdown

Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which Lyft had a small stake. Late last month, Argo AI closed its doors as its main backers, Ford and Volkswagen, pulled their investments in order to focus on more near-term goals like advanced… Continue reading Lyft takes $135.7 million hit on Argo AI shutdown