UVeye’s automated vehicle inspection technology may have started out as a system to detect security threats, but the six-year-old Israeli startup has found deep interest and investment from the automotive sector. The company, which uses a combination of computer vision and machine learning to create a system that can quickly and accurately inspect vehicles, has… Continue reading UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax
Tag: Geely
American Axle (AXL) Incurs Narrower-Than-Anticipated Q1 Loss
American Axle & Manufacturing Holdings AXL delivered a loss of 1 cent per share in first-quarter 2023, narrower than the Zacks Consensus Estimate’s loss of 6 cents. Higher-than-anticipated sales from the Metal Foaming segment and higher-than-expected adjusted EBITDA in the Driveline segment resulted in the outperformance. However, the bottom line fell from earnings of 19… Continue reading American Axle (AXL) Incurs Narrower-Than-Anticipated Q1 Loss
AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
New Volvo EX30 to be revealed on 7 June
Volvo has given us our best look yet at its upcoming EV – now confirmed to be called the Volvo EX30. It’ll sit below the XC40 Recharge in the firm’s expanding all-electric SUV line up. As Volvo’s entry-level electric SUV, the EX30 will still feature the chunky design language seen on the Swedish brand’s other… Continue reading New Volvo EX30 to be revealed on 7 June
ECARX Accelerates Next Generation of In-Vehicle Computing; Partners with Unreal Engines
New suite of products and cutting-edge partnership will overhaul the in-vehicle experience, pioneering a new era of intelligent vehicles NEW YORK, May 9, 2023 /PRNewswire/ — ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), today formally announced during its inaugural investor day a suite of new groundbreaking products that will push the boundaries of the driver experience. Among… Continue reading ECARX Accelerates Next Generation of In-Vehicle Computing; Partners with Unreal Engines
First ECARX Investor Day to Showcase Latest Innovations and Growth Strategy
Executives to Review ECARX’s Vision, Strategy, and Execution NEW YORK, May 9, 2023 /PRNewswire/ — Today, ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), will host its inaugural investor day in New York City. The event will feature presentations from leadership and provide an updated view of the company’s growth strategy, capital allocation plans, and product pipeline, followed… Continue reading First ECARX Investor Day to Showcase Latest Innovations and Growth Strategy
German Handelsblatt: Automated driving: Porsche concludes extensive cooperation with Mobileye006887
Porsche-Macan-Produktion in Leipzig 2024 soll das Modell auch als Elektroauto auf den Markt kommen. (Foto: Porsche) Der Volkswagen-Konzern weitet seine Kooperation mit der israelischen Intel-Tochter Mobileye aus. Das Tech-Unternehmen werde mit dem Sportwagenhersteller Porsche künftig Fahrerassistenzsysteme in Serie produzieren, wie beide Unternehmen am Dienstag mitteilten. Aktuell kooperiert der VW-Konzern bereits beim automatischen Spurhalten und -wechseln mit… Continue reading German Handelsblatt: Automated driving: Porsche concludes extensive cooperation with Mobileye006887
German Handelsblatt: Automated driving: Porsche concludes extensive cooperation with Mobileye006887
Porsche-Macan-Produktion in Leipzig 2024 soll das Modell auch als Elektroauto auf den Markt kommen. (Foto: Porsche) Der Volkswagen-Konzern weitet seine Kooperation mit der israelischen Intel-Tochter Mobileye aus. Das Tech-Unternehmen werde mit dem Sportwagenhersteller Porsche künftig Fahrerassistenzsysteme in Serie produzieren, wie beide Unternehmen am Dienstag mitteilten. Aktuell kooperiert der VW-Konzern bereits beim automatischen Spurhalten und -wechseln mit… Continue reading German Handelsblatt: Automated driving: Porsche concludes extensive cooperation with Mobileye006887
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BERLIN, May 9 (Reuters) – Porsche (P911_p.DE) will incorporate automated assistance and navigation functions from Mobileye’s (MBLY.O) so-called “SuperVision” technology platform in future models, Mobileye said on Tuesday. The agreement is the technology provider’s second large signing for the platform with a large automotive group after China’s Geely [RIC:RIC:GEELY.UL]. Mobileye’s “SuperVision” system allows drivers to… Continue reading Untitled
Iveco to fully own venture with Nikola on electric, hydrogen trucks
Summary Companies Deal to have 44-mln-euro negative impact on Iveco’s Q1 Iveco sees no impact on 2023 cash targets Shares open down in Milan Iveco to pay $35 mln in cash and buy 20 mln Nikola shares MILAN, May 9 (Reuters) – Iveco Group (IVG.MI) will buy full ownership of its joint venture with U.S.… Continue reading Iveco to fully own venture with Nikola on electric, hydrogen trucks