Verra Mobility Announces Fourth Quarter and Full Year 2021 Financial Results

Full year 2021 revenue of $550.6 million Full year 2021 cash flows from operations of $193.2 million Completed the installation of 695 cameras for the New York City Department of Transportation with the remainder completed in the first quarter of 2022 Executed five-year contract extension with Fox Rent A Car for tolling services Reiterating 2022… Continue reading Verra Mobility Announces Fourth Quarter and Full Year 2021 Financial Results

Audi and Navistar partner to improve emergency vehicle and school bus safety

While the transportation sector as a whole has made great safety improvements over the years, C-V2X technology is one major step toward safer mobility for drivers, students, paramedics, patients and more. Audi and Navistar, working with Applied Information and Traffic Control Corporation, have partnered to research how to improve safety and driver information in school… Continue reading Audi and Navistar partner to improve emergency vehicle and school bus safety

What are the post-Covid implications for company car fleets?

The onset of societal restrictions in March 2020 forced businesses to make drastic changes quickly, adapting to remote working and ‘meeting’ online. Paul Hollick, chair of the Association of Fleet Professionals, says this demonstrated the benefits of being agile, even when it involves root-and-branch disruption. “It might sound counterintuitive, but the pandemic has actually served… Continue reading What are the post-Covid implications for company car fleets?

What does the semiconductor crisis mean for company car fleets?

From phones to fridges, semiconductor chips have become a lynchpin of the way we live and work, and the automotive sector is taking an ever-larger share. Today’s increasingly connected, electrified and autonomous vehicles are all hungry for that processing power – but at the moment, it’s in short supply.  Why is there a semiconductor shortage? The… Continue reading What does the semiconductor crisis mean for company car fleets?

@Daimler: 14. Apr 2022Mercedes-Benz VISION EQXX demonstrates its world-beating efficiency in real world driving

Mercedes-Benz VISION EQXX demonstrates its world-beating efficiency in real world driving | Mercedes-Benz Group > Innovation > Product innovation > Technology Mercedes-Benz AG Mercedesstraße 12070372 StuttgartGermany Phone: +49 7 11 17-0E-Mail: dialog@mercedes-benz.com Represented by the Board of Management:Ola Källenius (Chairman), Jörg Burzer, Renata Jungo Brüngger, Sabine Kohleisen, Markus Schäfer, Britta Seeger, Hubertus Troska, Harald Wilhelm… Continue reading @Daimler: 14. Apr 2022Mercedes-Benz VISION EQXX demonstrates its world-beating efficiency in real world driving

Verra Mobility Schedules Fourth Quarter 2021 Earnings Call

MESA, Ariz., April 21, 2022 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the fourth quarter ended December 31, 2021, after market close on April 21, 2022. Verra Mobility’s Chief Executive Officer, David Roberts, and Chief Financial Officer, Tricia Chiodo, will… Continue reading Verra Mobility Schedules Fourth Quarter 2021 Earnings Call

MAY MOBILITY ADVANCES AV ACCESSIBILITY, LEADS INDUSTRY WITH DEVELOPMENT OF FIRST ADA-COMPLIANT TOYOTA SIENNA AUTONO-MAAS

This is part of May Mobility’s broader vision of improving accessibility and equity in transit through autonomous driving technology. The company is also integrating assistive technology within the vehicle cabin through speakers and a display to help people with audio and/or visual impairments see and hear when it is safe to enter and exit the… Continue reading MAY MOBILITY ADVANCES AV ACCESSIBILITY, LEADS INDUSTRY WITH DEVELOPMENT OF FIRST ADA-COMPLIANT TOYOTA SIENNA AUTONO-MAAS

Magna’s New Slovakia Facility to Support Growing ADAS and Electrification Market

Facility to produce advanced cameras and electronics for inverters Production expected to start in the fourth quarter of 2022 Up to 600 new jobs expected to be created longer term   AURORA, Ontario, April 21, 2022 (GLOBE NEWSWIRE) — Magna is expanding its ADAS and electrification footprint with the opening of a new plant in Kechnec,… Continue reading Magna’s New Slovakia Facility to Support Growing ADAS and Electrification Market

TENNECO INTRODUCES ADVANCED HYBRID FRICTION MATERIAL COMPOSITES FOR OE CUSTOMERS

LS materials offer high temperature braking performance and have the unique ability to remove disc corrosion. NAO materials enable good NVH performance and low brake dust contamination. Tenneco’s unique hybrid composite material is expected to cover a range of different market demands with a single approach and is particularly suited to the growing range of… Continue reading TENNECO INTRODUCES ADVANCED HYBRID FRICTION MATERIAL COMPOSITES FOR OE CUSTOMERS

Tesla robots will be worth more than car business: Musk

Tesla Robots Tesla CEO Elon Musk has predicted that robots will soon be worth more than the car business and even the FSD (full-self-driving) programme. At Tesla’s Texas gigafactory opening earlier this month, Musk had said that a new wave of products, like the Optimus robot, will be introduced in 2023. Musk told analysts during… Continue reading Tesla robots will be worth more than car business: Musk