NIO Inc. to Hold Product Launch Event on June 15, 2022

NIO Product Launch Event NIO Product Launch Event to be host on Wednesday June 15, 2022 SHANGHAI, China, June 14, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects to… Continue reading NIO Inc. to Hold Product Launch Event on June 15, 2022

The Worldwide Industrial Vehicles Industry is Projected to Grow to $54.3 Billion by 2027

DUBLIN, June 14, 2022 /PRNewswire/ — The “Global Industrial Vehicles Market in terms of Vehicle Type, Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, Aerial Work Platform (Boom Lifts, Scissor Lifts) and Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global industrial vehicles market is projected to grow… Continue reading The Worldwide Industrial Vehicles Industry is Projected to Grow to $54.3 Billion by 2027

Tesla Accused of Shutting Off Autopilot Moments Before Impact

Controversy over Tesla’s Autopilot functionality, which provides limited automation functionality, is nothing new. The feature has reportedly been involved in a number of crashes, some deadly. But while the Elon Musk-helmed electric car manufacturer has so far managed to stay legally unscathed by the feature, a bombshell report from the newly-expanded National Highway Traffic Safety… Continue reading Tesla Accused of Shutting Off Autopilot Moments Before Impact

At 13.1% CAGR, Smart Transportation Market Size to hit USD 250.32 Billion by 2028, Says Brandessence Market Research

LONDON, June 14, 2022 /PRNewswire/ — The Smart Transportation Market Value is expected to record a valuation of USD 250.32 Billion by 2028, Registering to Accelerate at a 13.1% CAGR, according to the most recent study by Brandessence Market Research. The Global Smart Transportation Market size was Valued at USD 105.74 Billion in 2021. Smart Transportation Market Size, Share… Continue reading At 13.1% CAGR, Smart Transportation Market Size to hit USD 250.32 Billion by 2028, Says Brandessence Market Research

Dayton, OH launches contactless parking payment option with Passport

Passport Parking app now available through Passport’s platform DAYTON, Ohio, June 14, 2022 /PRNewswire/ — The City of Dayton, Ohio is digitizing its parking operations with Passport, a leading transportation software and payments company that is trusted by cities to manage their parking and mobility infrastructure. With Passport’s platform, the City is now offering a… Continue reading Dayton, OH launches contactless parking payment option with Passport

China’s HAI ROBOTICS snags over $100m in Series D+ led by Capital Today

HAI ROBOTICS, a developer of artificial intelligence (AI)-enabled robotic solutions for warehouses and factories, has secured over $100 million in a Series D+ round of financing led by Capital Today, which has backed JD.com and Meituan. In its third fundraising in the past 12 months, HAI ROBOTICS saw participation from investors including 5Y Capital, Source… Continue reading China’s HAI ROBOTICS snags over $100m in Series D+ led by Capital Today

Bridgestone Launches WeatherPeak Touring Tire with Advanced All-Season Capabilities

“The Bridgestone WeatherPeak tire leverages our latest technology innovations to push the all-season category to new heights,” said Ian McKenney, Senior Product Manager, Consumer Replacement Tire Sales and Marketing, Bridgestone Americas. “Drivers are increasingly looking for safe, yet practical tires that provide confident control for any season, weather or journey. The Bridgestone WeatherPeak tire provides… Continue reading Bridgestone Launches WeatherPeak Touring Tire with Advanced All-Season Capabilities

Pega Achieves Department of Defense Impact Level 4 Provisional Authorization

Authorization demonstrates Pega’s commitment to maintaining industry compliance and the highest security standards for mission-critical data CAMBRIDGE, Mass., June 14, 2022 /PRNewswire/ — Pegasystems (NASDAQ: PEGA), the software company that crushes complexity, today announced The Defense Information Systems Agency (DISA) granted Pega Cloud® for Government a Provisional Authorization (PA) for the Department of Defense (DOD) at… Continue reading Pega Achieves Department of Defense Impact Level 4 Provisional Authorization

BlackBerry Strengthens QNX Advanced Virtualization Framework for Android Automotive OS

Automotive manufacturers now able to simplify and accelerate development timelines and reduce costs when building Android Automotive OS-based IVI systems WATERLOO, Ontario, June 14, 2022 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced an updated version of QNX® Advanced Virtualization Frameworks (QAVF) and support for Google’s latest Android Automotive OS (AAOS) reference implementation… Continue reading BlackBerry Strengthens QNX Advanced Virtualization Framework for Android Automotive OS

Overair Receives $145 million Investment from Hanwha Group to Develop All-Electric VTOL Aircraft

Hanwha’s continued investment in Overair not only fuels the ongoing development of Butterfly but will also allow Overair to lay the groundwork for commercializing their mobility technology. In addition to their investment, Hanwha will also provide electric motors and battery packs for Overair’s prototypes, as the two companies expand their R&D co-operation. “This is a… Continue reading Overair Receives $145 million Investment from Hanwha Group to Develop All-Electric VTOL Aircraft