Panasonic to Add Campus in Reno as Electric Vehicle Market Revs Up

SPARKS, Nev., Dec. 22, 2021 /PRNewswire/ — Panasonic Energy of North America (PENA), a Division of Panasonic Corporation of North America, today announced plans to expand in Northern Nevada with a new campus in Reno that is anticipated to open spring 2022. The 94,483 sq. ft. existing building at 645 East Plumb Lane managed by… Continue reading Panasonic to Add Campus in Reno as Electric Vehicle Market Revs Up

Intelligent Transportation System Market Global Report 2021 Featuring Leading Players – Siemens, Thales Group, Garmin and Denso

DUBLIN, Dec. 22, 2021 /PRNewswire/ — The “Global Intelligent Transportation System Market with COVID-19 Impact Analysis, by Offering, System (Advanced Traffic Management Systems, ITS-enabled Transportation Pricing Systems, and Others), Application, and Geography – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering. The global ITS market is expected to grow from USD 42.2 billion… Continue reading Intelligent Transportation System Market Global Report 2021 Featuring Leading Players – Siemens, Thales Group, Garmin and Denso

Dodge Announces New Direct Connection Performance Parts Lineup, Parts Catalog and Technical Hotline

Dodge is kick-starting the brand’s rollout of new factory-backed Direct Connection performance parts with the announcement of key products from the exclusive new lineup, including performance “Tuner” and “Stage” kits for the Dodge Challenger and new race-ready performance kits for the Dodge Challenger Mopar Drag Pak. A new Direct Connection parts catalog, available for download… Continue reading Dodge Announces New Direct Connection Performance Parts Lineup, Parts Catalog and Technical Hotline

Chinese autonomous driving startup raises $157 million from Hillhouse, Meituan

SHANGHAI (Reuters) – Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investors increase bets on smart car technologies. Haomo will use the funds raised from investors – such as Hillhouse Capital’s early-stage investment unit GL Ventures,… Continue reading Chinese autonomous driving startup raises $157 million from Hillhouse, Meituan

Chinese autonomous driving startup raises $157 mln from Hillhouse, Meituan

SHANGHAI, Dec 22 (Reuters) – Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investors increase bets on smart car technologies. Haomo will use the funds raised from investors – such as Hillhouse Capital’s early-stage investment unit… Continue reading Chinese autonomous driving startup raises $157 mln from Hillhouse, Meituan

AEye Showcases Adaptive LiDAR at CES 2022 – Live in Las Vegas and Virtually via Webcasts

For Those Unable to Join CES In-person, AEye Will be Offering a Daily “Live with AEye at CES” Webcast From the Show Floor, Featuring the Latest News and Interviews with Leading Players Implementing Autonomous Technology Across Different Industries AEye’s Extensive Presence at the Show Includes Live Demos of AEye’s 4Sight LiDAR, a CES 2022 Innovation… Continue reading AEye Showcases Adaptive LiDAR at CES 2022 – Live in Las Vegas and Virtually via Webcasts

Supplier Increases Automotive Adhesive Capabilities with New Facility in East China

DuPont has broken ground on a previously announced $30 million facility in Zhangjiagang, China, that will produce a range of materials to advance applications for electrification and lightweighting in support of growing demand for its automotive adhesives. Leading the groundbreaking ceremony were Yi Zhang, regional president for DuPont Asia Pacific; Tina Wu, global vice president… Continue reading Supplier Increases Automotive Adhesive Capabilities with New Facility in East China

DENSO Did That? 9 Ways the Auto Supplier Evolved to Support People and the Environment in 2021

SOUTHFIELD, Mich., Dec. 22, 2021 /PRNewswire/ — At first glance, DENSO looks like an automotive supplier. But look a little deeper and you’ll find a dynamic company full of purposeful innovators who are reimagining mobility. What exactly does that mean? It means DENSO employees build technologies, forge partnerships and create solutions across many areas with the wellbeing of people and… Continue reading DENSO Did That? 9 Ways the Auto Supplier Evolved to Support People and the Environment in 2021

Hertz Announces Final Results of Its Cash Tender Offer to Purchase Its Outstanding Series A Preferred Stock and Related Consent Solicitation

ESTERO, Fla., Dec. 22, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced the final results of its tender offer (the “Offer”) to purchase all of its outstanding Series A Preferred Stock, par value $0.01 per share (the “Series A Preferred Shares”), at a price per Series A Preferred Share… Continue reading Hertz Announces Final Results of Its Cash Tender Offer to Purchase Its Outstanding Series A Preferred Stock and Related Consent Solicitation

China’s NASN Auto bags $78m from GL Ventures, CATL, others

NASN Automotive Electronics (NASN Auto), a manufacturer of electronic products used in automobiles, has closed a Series C funding round raising 500 million yuan ($78 million). Investors who participated in the round were: Hillhouse Capital’s venture capital arm GL Ventures, Bank of China’s Hong Kong-based subsidiary Bank of China Group Investment, CMC-SDIC Capital, and CATL… Continue reading China’s NASN Auto bags $78m from GL Ventures, CATL, others