PALO ALTO, Calif. – Hesai Technology (NASDAQ:HSAI), a global leader in lidar solutions for advanced driver-assistance systems (ADAS) and autonomous mobility, announced a new design win with FAW Group, one of the largest automotive OEMs in China, for its next…
LEVERKUSEN, Germany — Leading braking friction product manufacturer TMD Friction has affirmed its sustainability commitment and environmentally friendly credentials with the launch of a new video detailing its achievements in the area. A swathe of initiatives to ensure TMD Friction’s…
LONDON — The Asia-Pacific (APAC) automotive active and passive safety systems market is expected to register a compound annual growth rate (CAGR) of 2.4% during the 2023-2028 period, according to a recently published report from GlobalData. Global Sector Overview &…
DUBLIN, Ireland — The global automotive sensors market is worth $19.2 billion and is expected to reach $44 billion by 2033 at a compound-annual-growth rate (CAGR) of 8.6%, according to a recently published report by Future Market Insights (FMI). With…
YICAI, China — Polestone 01, a full-size electric sport-utility released August 22 to the Chinese market, is the first production vehicle to feature Hesai’s fully solid-state lidar modules. The SUV’s intelligent driving system features a long-range lidar – AT128, and…
CAXIAS DO SUL, Brazil — Frasle Mobility is committed to strategic actions contributing to reducing greenhouse gas (GHG) emissions. The company has made a public commitment, together with Randoncorp, to reduce the total emissions of its production units by 40%…
LONDON – The global autonomous vehicle (AV) market is expected to top $70.3 billion by 2033, according to a new report from Future Market Insights, Inc (FMI). This growth comes from a projected 2023 revenue position of $30.5 billion, growing…
HANOVER, Germany — Continental ended the second quarter (Q2) of 2023 with strong earnings again in the tires group sector and high order intake in automotive of around €8.6 billion. The ContiTech group sector achieved solid results, while earnings in Automotive…
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…
MUNICH – The metro network in the city of Chengdu, one of western China’s major commercial centers, is in a constant state of expansion. CRRC has now commissioned Knorr-Bremse to supply complete braking systems for 36 new metro trains comprising…
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…
STEZZANO, Italy — Revenues were up almost 12 percent during the first half (H1) of 2023 for Brembo when compared to the same period last year, according to figures recently reported by the Italian braking firm. In the H1 reporting…
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…
HARTLEPOOL, U.K. — Braking specialist TMD Friction UK has introduced six new brake disc references to its renowned Mintex braking brand product line. TMD Friction UK’s ongoing commitment to research and development has delivered new Mintex brake disc parts, including…
LONDON — The aircraft carbon brake disc market is anticipated to exceed $2.1 billion by 2033, up from the expected $1.18 billion this year, according to a recently published study by Future Market Insights. The FMI report, Aircraft Carbon-brake-disc Market…
MUNICH – Knorr-Bremse AG is seeking to become significantly faster, more efficient, and more effective. The company has published “Next Level KB”, an update of its previous corporate strategy to help achieve this objective. It aims to secure its global…
LOS ANGELES — Motorcar Parts of America Inc. (Nasdaq: MPAA) announced it recently added more than 50 new late model vehicle brake pad and rotor part number applications to its catalog, providing additional coverage for more than five-million vehicles. These…
NORTHVILLE, Mich. – Leveraging its comprehensive material science expertise, Tenneco´s Ferodo® original equipment (OE) braking business has introduced advanced copper-free hybrid friction material composites that simultaneously serve braking performance and comfort requirements in both internal combustion engine (ICE) and electric…
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…
HARTLEPOOL, U.K. — Braking specialist TMD Friction UK has introduced five new brake disc references to its renowned Mintex braking brand product line. TMD Friction UK’s ongoing commitment to research and development has delivered new Mintex brake disc parts, including…
HARTLEPOOL, U.K. — Braking specialist TMD Friction UK has introduced three new brake disc references to its premium Textar brand range. The company continues to develop new products to meet the needs of the expanding vehicle parc, and to offer…
United Kingdom — John D. Fieldhouse, a prominent member of the braking community for many years, passed away June 30, 2023 following a respiratory illness. His years within the industry included presentations at numerous international brake conferences and programs including…
STEZZANO, Italy -– The Board of Directors of Brembo S.p.A. resolved to submit to the General Shareholders’ Meeting – called to convene on July 27, 2023, – (the “Extraordinary Shareholders’ Meeting”) the proposal to relocate the Company’s registered office to…