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Tag: Mobility
Valvoline Reports Third-Quarter Results
Recently Announced Agreement for Sale of Global Products for $2.65 Billion in Cash Reported net income of $99 million grew 2% and earnings per diluted share (EPS) of $0.55 increased 4% Adjusted EPS of $0.58 improved 5% and adjusted EBITDA of $180 million increased 4% Sales grew 21% to $957 million driven by strong demand… Continue reading Valvoline Reports Third-Quarter Results
GM to expand its Super Cruise network, adding hundreds of thousands of miles of ‘hands-free’ roads
General Motors (GM) has announced a massive expansion to its Super Cruise hands-free driver assistance network. The expansion will double the size of the current Super Cruise network to over 400,000 miles of compatible roadways and will soon be available to over 20 GM models. Super Cruise is a hands-free driver assistance feature introduced by… Continue reading GM to expand its Super Cruise network, adding hundreds of thousands of miles of ‘hands-free’ roads
Music to the Gears: NVIDIA’s Clément Farabet on Orchestrating AI Training for Autonomous Vehicles
Autonomous vehicles are one of the most complex AI challenges of our time. For AVs to operate safely in the real world, the networks running within them must come together as an intricate symphony, which requires intensive training, testing and validation on massive amounts of data. Clément Farabet, vice president of AI infrastructure at NVIDIA,… Continue reading Music to the Gears: NVIDIA’s Clément Farabet on Orchestrating AI Training for Autonomous Vehicles
Verra Mobility Announces Second Quarter Financial Results
Total revenue of $187.5 million Net income of $29.6 million Generated cash flows from operations of $65.1 million Held inaugural investor day at which management highlighted its growth strategy, long-term outlook and increased financial guidance for 2022 MESA, Ariz., Aug. 3, 2022 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology… Continue reading Verra Mobility Announces Second Quarter Financial Results
Global Automotive Connector Market Report 2022-2026 Featuring Sumitomo Electric Industries, Aptiv, TE Connectivity, Amphenol, Japan Aviation Electronics Industry, & Hirose Electric
DUBLIN, Aug. 3, 2022 /PRNewswire/ — The “Global Automotive Connector Market (By Application, Vehicle Type and Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)” report has been added to ResearchAndMarkets.com’s offering. The global automotive connector market recorded a value of US$92.21 billion, growing at a CAGR of 12.70%, for the time period of… Continue reading Global Automotive Connector Market Report 2022-2026 Featuring Sumitomo Electric Industries, Aptiv, TE Connectivity, Amphenol, Japan Aviation Electronics Industry, & Hirose Electric
Xona Secures Investment from First Spark Ventures and Lockheed Martin to Accelerate LEO GPS Alternative
SAN MATEO, Calif., Aug. 3, 2022 /PRNewswire/ — Xona Space Systems, a pioneer in navigation technologies from Low Earth Orbit (LEO), is excited to announce that they have raised an oversubscribed financing round to accelerate the development of their high-performance commercial satellite navigation network, bringing their total funding to over $25M. Continue Reading Xona raised… Continue reading Xona Secures Investment from First Spark Ventures and Lockheed Martin to Accelerate LEO GPS Alternative
@Toyota: Toyota Responds to Critical Needs Following Unprecedented Kentucky Flooding
Provides $750,000 to support immediate and long-term recovery; Payment relief options extended to affected Toyota and Lexus customers PLANO, Texas (Aug. 3, 2022) – Toyota announced today $750,000 in donations to assist with immediate needs and long-term recovery efforts following catastrophic flooding in Eastern Kentucky. Toyota employees are also rallying to support immediate needs through donation… Continue reading @Toyota: Toyota Responds to Critical Needs Following Unprecedented Kentucky Flooding
BlueGrace Logistics’ Azad Ratzki Named CIO of the Year Honoree Highlighting Tampa IT Leaders, Top Market for Tech Migration
Prestigious distinction symbolizes the best innovative IT practices to enable company growth TAMPA, Fla., Aug. 3, 2022 /PRNewswire/ — BlueGrace Logistics’ Chief Technology Officer, Azad Ratzki, has been named a 2022 CIO of the Year Honoree awarded to outstanding information technology executives and leaders in Tampa Bay who have excelled at enabling business optimization processes… Continue reading BlueGrace Logistics’ Azad Ratzki Named CIO of the Year Honoree Highlighting Tampa IT Leaders, Top Market for Tech Migration
Toksi, a Revolutionary App That Aims To Digitalize Taxi Services, was Launched
VIENNA, Aug. 3, 2022 /PRNewswire/ — A group of developers with backgrounds in different sectors, such as blockchain, cab companies, business banking services, retail, lifestyle management, etc., has launched a groundbreaking application for ride-sharing, which aims to disrupt the existing business model of taxi services and offer something fundamentally new to the market – the Toksi… Continue reading Toksi, a Revolutionary App That Aims To Digitalize Taxi Services, was Launched