Hayden AI Contracts with the MTA, New York City Transit, for Automated Bus Lane Enforcement (ABLE) Camera Systems

NEW YORK, Aug. 9, 2022 /PRNewswire/ — Hayden AI, an emerging leader in smart traffic enforcement powered by artificial intelligence, today announced that it has signed a contract with the New York Metropolitan Transit Authority (MTA) for deployment of 300 interior mounted Automated Bus Lane Enforcement (ABLE) camera systems. The agreement comes with an option… Continue reading Hayden AI Contracts with the MTA, New York City Transit, for Automated Bus Lane Enforcement (ABLE) Camera Systems

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for July 2022

CHENGDU, China, Aug. 9, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of… Continue reading Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for July 2022

Continental Q2 FY22 net loss at EUR 251 mn; Forecasts EUR 40 bn total sales in FY 22

New Delhi: German automotive & auto parts manufacturer, Continental on Tuesday reported a net loss of EUR 251 million in the second quarter of 2022 (Q2 2021: EUR 545 million) for continuing and discontinued operations. However, the consolidated sales of EUR 9.4 billion in Q2 FY 22 (Q2 2021: EUR 8.4 billion), up 13.0%. Meanwhile,… Continue reading Continental Q2 FY22 net loss at EUR 251 mn; Forecasts EUR 40 bn total sales in FY 22

Greater Than’s new micro-pattern profiling helps insurers, mobility providers and fleets predict cost and crash type

STOCKHOLM, Aug. 9, 2022 /PRNewswire/ — Greater Than (GREAT.SE), the global provider of DriverDNA for real-time insurance and predictive risk insights, has announced a deeper level of data analysis that predicts crash type as well as crash likelihood per driver. This new capability will help insurance, mobility, and fleet with risk forecasting, delivering both safety… Continue reading Greater Than’s new micro-pattern profiling helps insurers, mobility providers and fleets predict cost and crash type

WiTricity Closes New Funding Round with $63 Million Investment

Investments to accelerate productization and commercialization of wireless charging for electric vehicles and other products WATERTOWN, Mass., Aug. 9, 2022 /PRNewswire/ — Building on the global growth in electric vehicles, support from governments around the world for electrification — now including the US — and the recognized need for better EV charging solutions to expand… Continue reading WiTricity Closes New Funding Round with $63 Million Investment

Europa Wire: Siemens AG and MAHLE GmbH partner over inductive charging systems000352

Setup for wireless charging of electric vehicles (PRESS RELEASE) ZUG, 9-Sep-2022 — /EuropaWire/ — Siemens AG (ETR: SIE), a German multinational conglomerate and Europe’s largest industrial manufacturing company, and MAHLE GmbH, one of the largest automotive suppliers worldwide, have announced a new partnership aimed at closing gaps in the standardization of inductive charging systems. “Wireless… Continue reading Europa Wire: Siemens AG and MAHLE GmbH partner over inductive charging systems000352

South Korean car-sharing startup Socar prices IPO below bottom end of rangeThe company is looking to raise $78.08m from the IPO.

South Korean car-sharing platform Socar Inc said on Tuesday it expected to raise 102 billion won ($78.08 million) in its planned initial public offering (IPO). Socar priced its IPO at 28,000 won per share, below the bottom end of an indicative price range, the company said in a regulatory filing. The company added that it… Continue reading South Korean car-sharing startup Socar prices IPO below bottom end of rangeThe company is looking to raise $78.08m from the IPO.

Bosch in ADAS & Autonomous Driving Report 2022: Assess Bosch’s Position in “Ranking by ADAS Revenue” vs. Continental and Other Tier-1s

DUBLIN, Aug. 9, 2022 /PRNewswire/ — The “Bosch in ADAS & Autonomous Driving” report has been added to ResearchAndMarkets.com’s offering. This report examines Bosch’s strategy and technology capability in ADAS & Autonomous Driving to provide a competitive assessment of their readiness level against other major ADAS Suppliers. 2020 was a turbulent year for the auto… Continue reading Bosch in ADAS & Autonomous Driving Report 2022: Assess Bosch’s Position in “Ranking by ADAS Revenue” vs. Continental and Other Tier-1s

@Daimler: Sales launch for the EQS SUV

Comfort and connectivity in the avant-garde interior The EQS SUV is the first all-electric luxury SUV from Mercedes-EQ. At market launch, the model range comprises three variants: EQS 450+ (WLTP: Combined power consumption: 22.9-18.2 kWh/100 km; combined CO2 emissions: 0 g/km)[1] and EQS 450 4MATIC (WLTP: Combined power consumption: 24.3‑20.2 kWh/100 km; combined CO2 emissions: 0… Continue reading @Daimler: Sales launch for the EQS SUV

German Handelsblatt: Autonomous driving technology: fine against VW, lawsuit against Tesla: data protection officers button car cameras in front of 004975

A missing sign costs Volkswagen 1.1 million euros. The Lower Saxony data protection authority imposed the penalty because the car manufacturer was caught in 2019 with a test vehicle that was filming traffic. The image data should improve the driver assistance system and prevent accidents. However, the necessary magnetic signs with a camera symbol were… Continue reading German Handelsblatt: Autonomous driving technology: fine against VW, lawsuit against Tesla: data protection officers button car cameras in front of 004975