Auto
AUTOCRYPT Achieves ASPICE CL2 for TEE-Based In-Vehicle Systems Security
SEOUL, South Korea, Feb. 3, 2023 /PRNewswire/ -- A global leader in automotive cybersecurity and connected mobility technologies, AUTOCRYPT announced its certification for ASPICE Capability Level (CL) 2. One of the very first and few cybersecurity providers to achieve this certification, AUTOCRYP...
2023-02-03 10:00
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SKF increases regionalization in North America
Greenfield factory investment totaling SEK 700 million will support strategic development in the Americas and meet customer needs as focus on electrification increases GOTHENBURG, Sweden, Feb. 2, 2023 /PRNewswire/ -- SKF is further strengthening its value chain inNorth America. Investments total...
2023-02-02 16:08
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Tau concludes €9m series-B round to scale up production for e-mobility
The round, led by Solvay Ventures, is joined by existing investors including Finindus and happens in parallel with Tau's commercial breakthrough with automotive customers TURIN, Italy and BERLIN, Feb. 1, 2023 /PRNewswire/ -- Technology company Tau has concluded a series-B round raising €9 millio...
2023-02-01 15:00
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Hyundai Motor Celebrates Double Victories in WTCR 2022 with Exhibition and Employee Events
* Two-week exhibition features Elantra N TCR, the WTCR-winning car of the 2022 season, and Elantra N mass-production model with WTCR trophies and display celebrating Hyundai Motorsport's 10 years of achievements and history * WTCR 2022 season champion driver Mikel Azcona and previous WTCR cha...
2023-02-01 14:16
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Lotus Technology to Go Public through Business Combination with L Catterton Asia Acquisition Corp, Accelerating Lotus's Vision to Deliver All-Electric, Sustainable Luxury Vehicles Globally
* Lotus Tech is a pioneering luxury electric vehicle maker that operates under the iconic British brand, Lotus.L Catterton Asia Acquisition Corp is a special purpose acquisition company listed on the Nasdaq(NASDAQ: LCAA) that is affiliated withL Catterton, a leading global consumer-focused inve...
2023-01-31 20:30
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Autoliv Retires Treasury Shares, Decreases Number of Issued Shares
STOCKHOLM, Jan. 31, 2023 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV), (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as ofJanuary 31, 2023, the total number of outstanding shares of common stock is 86,187,746 and the number of issued and outstanding shares o...
2023-01-31 15:42
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Hyundai Mobis sets a new record in global auto components orders last year
* Reaches a new milestone by receiving record-braking auto components orders worth$4.7 billion * Significant achievements include electrification component order from a global automaker in progress, and new orders from major brands inNorth America andEurope * Targeting $5.3 billion of globa...
2023-01-31 10:00
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DB HiTek Expands High Value-Added Specialized Sensor
Targeting volume production of Global Shutter & SPAD within the year, Korean specialty foundry DB HiTek accelerates its entry into new high growth area i.e. industrial machine vision, autonomous car, AR SEOUL, South Korea, Jan. 31, 2023 /PRNewswire/ -- DB HiTek starts to expand high value-added ...
2023-01-31 08:00
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InterSolution 2023: Sungrow Debuts the Latest Residential Solar-Storage-EV Charging Solution for Benelux
GHENT, Belgium, Jan. 30, 2023 /PRNewswire/ -- Sungrow, the global leading inverter and energy storage system solution supplier, made high-profile participation in InterSolution 2023 by debuting its latest residential solar-storage-EV charging integrated solution and showcasing the new commercial ...
2023-01-30 14:33
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Australian fintech SkyCredit Group eyes Indonesian electric two-wheelers market
JAKARTA, Indonesia and PERTH, Australia, Jan. 30, 2023 /PRNewswire/ -- Katalis has announced its support for Australian fintech company SkyCredit Group to explore entry into the Indonesian market for electric motorcycles. The partnership would analyse the emerging electric two-wheel mobility mark...
2023-01-30 06:00
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A Fusion of Sci-Fi and Heavy Industry Innovation, Flagship XCMG Machinery Equipment Features in Sci-Fi Blockbuster "The Wandering Earth II"
XUZHOU, China, Jan. 28, 2023 /PRNewswire/ -- A fusion of sci-fi adventure and heavy industry innovation, a flagship fleet of customized XCMG Machinery ("XCMG", SHE:000425) equipment is featured in theChina-made sci-fi blockbuster "The Wandering Earth II" directed byFrant Gwo, which opened in movi...
2023-01-28 19:06
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Autoliv: Financial Report October - December 2022
STOCKHOLM, Jan. 27, 2023 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.sdb) Q4 2022: Solid performance Financial highlights Q4 2022 $2,335 million net sales 10% net sales increase 18% organic sales increase* 9.8% operating margin 10% adjusted operating margin* $1.80 EPS, a 38% increase $1.83 adj...
2023-01-27 20:41
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LG Energy Solution Posts 2022 Earnings with Record-High Annual Revenue and Operating Profit
* LGES marks KRW 25.6 trillion in consolidated revenue and KRW 1.2 trillion in operating profit in 2022 * 2023 goal set at 25-30 percent increase in annual revenue, with over 50 percent increase in capital expenditure * The company to concentrate on four key initiatives to respond to the ris...
2023-01-27 09:30
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IAR Systems fully supports the brand-new Industrial-Grade PX5 RTOS
IAR Systems's awarded Embedded Workbench streamlines the development of commercial and safety-critical applications based on PX5's new real-time operating system UPPSALA, Sweden, Jan. 26, 2023 /PRNewswire/ -- The PX5 RTOS has just been launched, and IAR Systems®, the world leader in software and...
2023-01-26 21:31
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SMMT : 2022 UK car production down but electric vehicle output surges to new record
* Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. * Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. * Volumes for ...
2023-01-26 08:01
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IFS performance outpaces competitors with 5th consecutive year of double-digit growth
* Annual Recurring Revenue (ARR) up 57% YoY driven by bookings from new customers * Cloud revenue up 80% YoY driven by existing and new customers switching to IFS Cloud. LONDON, Jan. 25, 2023 /PRNewswire/ -- IFS, the global cloud enterprise applications company, today announced its financial...
2023-01-25 17:50
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PAN AMERICA 1250 MIVV proposes it with SPEED EDGE
A silencer that fits well into the massive line of Harley Davidson's maxi-enduro.It is performing, light and trendy. Available in stainless steel and titanium, it easily replaces the stock silencer while maintaining full compatibility with theEuro 5 homologation of the bike. SANT'OMERO, Italy, J...
2023-01-25 08:45
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NOVOSENSE at Automotive World 2023: Enabling xEV with Semiconductor Solutions
TOKYO, Jan. 24, 2023 /PRNewswire/ -- NOVOSENSE Microelectronics (NOVOSENSE, SSE: 688052), a highly robust & reliable analog and mixed signal IC company, today announced that it will showcase technologies and products for automotive electronics solution at Automotive World 2023, one of the world's...
2023-01-24 08:00
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Frost & Sullivan Recognizes Future-Ready Companies at the India Manufacturing Excellence Awards 2022
~19 awards were presented to companies for their exemplary performance at the 18th edition~ ~Nominations for the 19th edition of the awards are open until May 15, 2023~ MUMBAI, India, Jan. 23, 2023 /PRNewswire/ -- Frost & Sullivan concluded the 18th edition of the India Manufacturing Excellence ...
2023-01-23 21:32
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NADA Joins MOBI to Accelerate Zero Trust Innovations for Information Security and Business Automation
Two of the largest mobility-focused consortia in the world join efforts to co-develop solutions for more robust, resilient, and privacy-preserving connected ecosystems. LOS ANGELES, Jan. 23, 2023 /PRNewswire/ -- MOBI (Mobility Open Blockchain Initiative) today welcomes the National Automobile ...
2023-01-23 20:00
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