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VisIC Technologies raises Series E to support growing EV market
The new financing round will allow the emerging GaN power electronics supplier to deliver high performing GaN products to growing electric transportation industry segment MediaTek to invest in VisIC's series E VisIC's D3GaN technology developed for electrical vehicles systems will enlarge its ...
TuanChe Limited Announces Results of Annual General Meeting of Shareholders
BEIJING, Oct. 19, 2020 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading omni-channel automotive marketplace inChina, today announced the results of the Company's 2020 Annual General Meeting of Shareholders ("2020 AGM") held onOctober 19, 2020, at 10:00 a.m. Chi...
Swiss electric sports car manufacturer Piëch Automotive appoints leading auto executives to drive launch plans
* Company adds board-level recruits from Porsche, BMW, and Tesla * Series A-funding closed with investor Peter Thiel on board; Swiss bank UBS is acting as sole advisor on the series B to raise the capital required to launch the first production car * Construction of prototypes to begin; vehi...
CIIE starts taking applications for 2021 exhibitors
SHANGHAI, Oct. 17, 2020 /PRNewswire/ -- Registration for the business exhibition of the fourth China International Import Expo (CIIE) opened on September 28. The business exhibition of the fourth CIIE welcomes enterprises and organizations registered outside the Chinese mainland. Products produce...
GAC MOTOR Launches All-New Luxury Flagship GA8 in the Kingdom of Saudi Arabia
RIYADH, Saudi Arabia, Oct. 16, 2020 /PRNewswire/ -- GAC MOTOR, together with partner Aljomaih Automotive Company, held a special global online release on October 15th for the launch of the luxury flagship all-new GA8 in the Saudi market. Benefiting from the good reputation of GAC MOTOR, the high-e...
GWM Announces First Launch Markets and More Safety Features for the New POER Pickup
BEIJING, Oct. 16, 2020 /PRNewswire/ -- GWM (601633.SS/02333.HK), a world-renowned SUV and pickup manufacturer, has revealed that its new POER pickup, with the name recently announced at Auto China 2020, will firstly launch inAustralia, South Africa, Saudi Arabia and Chile, enhancing GWM's compet...
North America, Europe and China Lead Vehicle-to-Everything Adoption as OEMs Partner with Mobile Network Operators
North American sales are estimated to reach US$1.12 billion by 2025, says Frost & Sullivan SANTA CLARA, Calif., Oct. 15, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025, finds that V2X sales across the ...
Lear Climate Change Strategy Aims for Net Zero Emissions by 2050
SOUTHFIELD, Mich., Oct. 15, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today expanded its sustainability efforts by announcing several new environmental goals, including achieving net zero emissions by 2050. Lear further pla...
Technology and Insurance Giants are Among the Newest Members of MOBI
Amazon Web Services (AWS), Hitachi America, Ltd., Reply, USAA, and others Join MOBI in Building the New Economy of Movement LOS ANGELES, Oct. 15, 2020 /PRNewswire/ -- The largest and most progressive companies in mobility continue to join MOBI, the Mobility Open Blockchain Initiative. The new co...
Consumer Electronics and Automotive Sectors to Push Adoption Potential for Electrically Conductive Materials
Development of nanomaterials to manufacture electrically conductive materials will unlock new growth opportunities, says Frost & Sullivan SANTA CLARA, California, Oct. 15, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Growth Opportunities for Conductive Materials, finds that increasing...
Lucid Motors Expands Luxury EV Lineup with Its Most Attainable Lucid Air Model Yet, Featuring 406 Miles of Range and 480 horsepower from just $69,900
Reservations Now Open for All Lucid Air Models NEWARK, California, Oct. 14, 2020 /PRNewswire/ -- Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, has unveiled new details about the full Lucid Air model range, including the pricing of the elemen...
China Zenix Announces 2020 Annual General Meeting of Shareholders
ZHANGZHOU, China, Oct. 13, 2020 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) ("Zenix Auto" or "the Company"), one of the largest commercial vehicle wheel manufacturers in China in both the aftermarket and OEM market by sales volume, today announced that the 2020 annual gene...
Euisun Chung Inaugurated as Chairman of Hyundai Motor Group, Opening a New Chapter in History
* Chairman Mong-Koo Chung inaugurated as Honorary Chairman of the Group * Inauguration unanimously endorsed by board members of Hyundai Motor, Kia Motors and Hyundai Mobis * Euisun Chung has been recognized for successful leadership as Executive Vice Chairman of the Group over past two years...
Euisun Chung Inaugurated as Chairman of Hyundai Motor Group, Opening a New Chapter in History
* Chairman Mong-Koo Chung inaugurated as Honorary Chairman of the Group * Inauguration unanimously endorsed by board members of Hyundai Motor, Kia Motors and Hyundai Mobis * Euisun Chung has been recognized for successful leadership as Executive Vice Chairman of the Group over past two years...
New Hyundai Motor Group Innovation Center in Singapore to Transform Customer Experience through Future Mobility R&D
* Construction begins with virtual groundbreaking ceremony attended by Singapore Prime Minister Lee Hsien Loong, South Korea's Industry Minister Sung Yun-mo, and Hyundai Motor Group Executive Vice Chairman Euisun Chung * HMGICS to serve as an innovation center for future mobility studies * C...
Hesai Unveils PandarXT, 32-Channel Mid-Range LiDAR with Self-Developed, Proprietary LiDAR ASICs
SHANGHAI, Oct. 12, 2020 /PRNewswire/ -- Hesai has released a new 32-channel (16-channel version also available) mid-range LiDAR. Based on a new system architecture integrating Hesai's self-developed LiDAR ASICs, PandarXT is a cost-effective solution designed for multiple applications, including u...
Joint Collaboration Between Livox, Zhito and FAW Jiefang Propels Autonomous Heavy-Duty Truck Into the Smart Driving Era
SHENZHEN, China, Oct. 12, 2020 /PRNewswire/ -- Livox Tech, a world-leading lidar manufacturer, announced its collaboration with FAW Jiefang Automotive Co., Ltd. ("FAW Jiefang") and Suzhou Zhito Technology Co., Ltd. ("Zhito Technology"). FAW Jiefang is an OEM manufacturer with the highest sales g...
Roechling Automotive puts sustainable organic plastic on the market
- New material is made of at least 90 percent renewable raw materials - Roechling-BioBoom is suitable for a large part of the product range of the company - By 2035, Roechling Automotive aims to become the leader in bioplastics and recycled materials in the automotive industry WORMS, Germany, O...
The All-New GA8, a luxury car for the new era, is launching soon in the Kingdom of Saudi Arabia
RIYADH, Saudi Arabia, Oct. 12, 2020 /PRNewswire/ -- During October, GAC MOTOR will launch its 'new era pioneer' flagship GA8 at a futuristic press conference packs with modern technology and innovation in Saudi Arabia. GAC MOTOR has continually surpassed industry predictions, we cannot wait to se...
Seeing Machines extends its industry-leading DMS to Occupant Monitoring
CANBERRA, Australia, Oct. 12, 2020 /PRNewswire/ -- Seeing Machines, the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, has announced it is formally expanding its leading automotive driver monitoring system (DMS) into an...
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