Brake systems are a central component in both autonomous-vehicle engineering and advance driver assistance systems, ADAS
FOUNTAIN VALLEY, Calif. – The Insurance Institute for Highway Safety (IIHS) announced that the 2024 Genesis GV60, GV70, and GV80 SUVs earn TOP SAFETY PICK+ recognition. “At Genesis, customers are at the center of everything we do, and their safety…
Palo Alto, Calif. – Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar, will showcase its high-performance sensors at IAA Mobility 2023 in Munich, the world’s leading platform for mobility, sustainability, and technology. By creating lidar that meets OEM…
SAN JOSE, Calif. — Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted (ADAS) and autonomous vehicles (AV). The funding, led by Hesai…
PALO ALTO, Calif. — Hesai Technology (NASDAQ: HSAI), the global leader in the lidar industry, yesterday released its unaudited 2023 second-quarter (Q2) financial report, setting new records for quarterly revenue and shipments. Hesai’s Q2 quarterly revenue reached RMB440.3 million ($60.7…
SEOUL – Hyundai Motor Company’s all-new SANTA FE SUV debuted yesterday through a digital world premiere with an ‘Open for More’ concept that conveys the model’s radical transformation centered on its new wide tailgate. In addition, the Korean automaker has…
SEOUL — Sunny Lee, a Member of NAEK and Chief Operating Officer (COO) of STRADVISION, an automotive industry pioneer in deep learning-based vision perception technology, attended the panel discussion themed “AI Technology and Application.” Lee delivered STRADVISION’s core technology, references,…
LONDON — The advanced driver assistance system (ADAS) testing equipment market, expected to hi $56.4 billion in 2023 and to grow past $202.7 billion in 2033, according to a recently published report from Future Market Insights (FMI). This translates into…
FREMONT, Calif.– Pony.ai, a leading global autonomous driving company, recently held a joint-venture signing ceremony with Toyota Motor (China) Investment Co., Ltd. (TMCI) and GAC Toyota Motor Co., Ltd. (GTMC) to jointly advance the future mass production and large-scale deployment…
FRIEDRICHSHAFEN, Germany — In the first six months of 2023, ZF generated sales of €23.3 billion (2022: €21.2 billion), an increase of approximately 10 percent on the prior-year period. Adjusted EBIT totaled €941 million (2022: €851 million), equivalent to an…
PALO ALTO, Calif. — Hesai Technology, a pioneer in the field of lidar sensors, announced a collaboration with NVIDIA to integrate Hesai’s cutting-edge lidar sensors within the NVIDIA DRIVE and NVIDIA Omniverse ecosystems. By combining Hesai’s industry-leading expertise in lidar…
LIPPSTADT, Germany — HELLA, the automotive supplier operating under the FORVIA umbrella brand, accelerated its sales growth and significantly increased profitability in the first half of the fiscal year 2023 (Jan. 1st to June 30, 2023). Sales increased by 17.3…
TEL AVIV, Israel — Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in perception radar solutions, announced that Weifu High-Technology Group, a tier 1 supplier in the Chinese automotive market, has issued an $11.6 million preliminary order for Arbe radar…
GRAND RAPIDS, Mich. — Last week the Burke Porter Group (BPG) announced the creation of a new division to provide advanced driver-assistance systems (ADAS) calibration equipment to the aftermarket. The long-term testing-and-calibration company appointed Doug Kelly as the new division’s…
ARCADIA, Calif. — Brembo brakes and the first manual-transmission car to include the award-winning EyeSight® advanced driver-assistance system (ADAS) highlight the new 2024 SUBARU BRZ tS® performance-oriented two-seat sports coupe. Introduced recently, the BRZ tS comes equipped with STI-tuned front…
PALO ALTO, Calif. – Hesai Technology (NASDAQ: HSAI) has been named the top automotive lidar company for the second-consecutive year by Yole Group, a global advisory and market analysis firm recognized for its expertise in the semiconductor, photonic, and electronic…
AVON, Ohio – Drivers for Hoffman Transportation LLC/G&D Trucking Inc. have not had a rear-end accident in more than 10 years. How does this carrier, which covers up to 12 million miles a year, do it? Jerry Curl, director of…
SAN FRANCISCO – Labor organizations are coming out in force to support California Assembly Bill 316 (AB 316) which would seriously curtail the implementation of autonomous vehicles (AV) greater than 10,000 pounds by mandating a human operator be on board…
SHANGHAI — Hesai Technology announced it has been selected to provide LiDAR units for several models of the SAIC Motor Commercial Vehicle Division’s OEM-installed project. The new models will be equipped with Hesai’s automotive-grade, ultra-high resolution long-range LiDAR AT128. These…
DUBLIN –The global heavy-duty autonomous vehicle (AV) market was valued at $135.25 billion in 2022 and is anticipated to reach $1,453.20 billion by 2032, witnessing a compound annual growth rate (CAGR) of 27.42%, according to a recent report from ResearchandMarkets.com.…
HERNDON, Va. / AUSTIN — Volkswagen Group of America, Inc. (VWGoA) is starting its first autonomous vehicle (AV) test program in Austin beginning in July 2023. The company will kick off its program with a batch of 10 all-electric ID.…