PALO ALTO, Calif. — Hesai Technology (Nasdaq: HSAI), the international technology company and global leader in lidar solutions, has announced its unaudited financial data for the first quarter of 2023, reaching record-high quarterly revenue of $62.6 million, a year-over-year increase…
CHATHAM, Mass. – There is a lot to like about the Texas-manufactured 2023 Toyota Tundra, which benefited from the changes introduced last year with the launch of third generation of the company’s full-size pickup truck. The comprehensively equipped Tundra 4X4…
Sweden – In a move that strives to increase road safety, particularly for pedestrians and cyclists, Volvo Trucks is launching a suite of novel safety systems for its vehicles. The Swedish automobile manufacturer has been keenly developing technologies such as…
BOSTON — As autonomous vehicles (AV) become increasingly attractive, one technology that is playing a crucial role in their development is lidar. Lidar, short for light detection and ranging, is a remote sensing method that uses lasers to measure distances…
FRIEDRICHSHAFEN, Germany and BARCELONA, Spain — Focusing on autonomous, connected and electrified systems, ZF will showcase its latest bus and coach technologies at the 65th UITP Global Public Transport Summit 2023 in Barcelona. Through exhibits, digital and live presentations as…
HANOVER, Germany — Continental started 2023 with solid results, in line with its expectations. The technology company anticipates a further improvement in earnings over the course of the year, in particular due to rising production figures for passenger cars and…
LONDON — The adaptive cruise control (ACC) market is capturing a valuation of $4.1 billion in 2023 and is predicted to reach $13.7 billion by 2033. The market is registering a compound annual growth rate (CAGR) of 12.7 percent during…
WILMINGTON, Del. – A study by Transparency Market Research (TMR) offering an autonomous vehicles (AV) market forecast found that advanced ADAS standards and regulations are constantly evolving, and the factor is catalyzing the market growth. As a result of the…
SHANGHAI — At Auto Shanghai 2023, ZF Group showcases its latest innovations for electric, software-defined, and automated vehicles. For the first time in four years, Auto Shanghai 2023 – one of the leading shows of the global automotive industry –…
DUBLIN — The Sensor Market for Automated Vehicles by Component (Hardware, Software), Offering, Software, Level of Autonomy (L2+, L3, L4), Propulsion (ICE, Electric), Vehicle Type, Sensor Platform Approach, Sensor Fusion Process and Region – Global Forecast to 2030 report has…
CHATHAM, Mass. – Mazda produces vehicles I could own. Vehicles like the 2023 Mazda3 2.5 Turbo HB with Premium Plus Package in which I recently spent a week are ones I could envision spending my money to purchase. And this…
NEW YORK – Ford Motor Company has found another very helpful use for two of the hardware components of its F-Series advanced driver-assistance systems (ADAS) by using artificial intelligence (AI) and machine learning to create its new Pro Trailer Hitch…
CHATHAM, Mass. – Like nature coming across a vacuum, when the product planners at Toyota sees a promising automotive niche, they designate one of its numerous models to fill the niche. For compact sport-utility (SUV) consumers who want some rough-road…
DEVON, U.K. — Vehicle diagnostics and garage equipment specialist Launch Tech UK has revealed its new passenger car advanced driver assistance systems (ADAS) calibration equipment, ADAS PRO+ and ADAS Mobile. Innovation in vehicle connectivity has brought a host of safety…
Source: Nikola announcement PHOENIX — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, announced it has selected PlusDrive, the next generation safety system developed by Plus, for the Nikola Tre battery-electric vehicle…
CHATHAM, Mass.—There is something simple — elegant in its simplicity — about the 2023 Mazda CX-50 2.5 Turbo w/Premium Plus package. Added to the Mazda family for 2022, the compact sport utility vehicle (SUV) offers a comprehensive complement of technology,…
CHATHAM, Mass. – Once upon a time the original Toyota Sienna was the ugly duckling of minivans. Now, in its 25th year, it has evolved into a beautiful all-wheel-drive, hybrid-only thoroughly modern swan amongst automotive people movers. We spent a…
Source: Volvo Construction Equipment announcement GOTHENBURG, Sweden — Delivering on its vision for zero accidents, Volvo Construction Equipment (Volvo CE) launched its Collision Mitigation System for Volvo Wheel Loaders – an automatic braking feature that supports operator response and helps…
Source: ResearchAndMarkets.com announcement DUBLIN — The Autonomous Vehicle Market by Level of Automation, by Propulsion Type, by Mobility, and by Component – Global Opportunity Analysis and Industry Forecast 2022-2030 report has been added to ResearchAndMarkets.com’s catalog. The autonomous vehicle (AV)market…
Source: ZF announcement Farmington Hills, Mich. — ZF, the world’s leading supplier of automotive cameras, has developed Smart Camera 6, its next generation of cameras for the advanced development of urban and highway automated driving (AD) and safety systems. ZF…
Source: ZF announcement FRIEDRICHSHAFEN, Germany/LAS VEGAS — ZF unveiled its next generation shuttle for autonomous driving in urban environments and mixed traffic at the 2023 Consumer Electronics Show (CES). The next generation complements the established model, which is primarily designed…
Source: Continental announcement FRANKFURT, Germany/SANTA CLARA, Calif. — At CES 2023, technology company Continental and Ambarella, Inc., an edge AI semiconductor company, announced a strategic partnership. The two companies will jointly develop scalable, end-to-end hardware and software solutions based on…
Source: Bosch announcement LAS VEGAS– Sensors are ubiquitous. They allow cars, e-bikes, smartphones, fitness trackers, and headphones to sense their environment. Bosch develops and manufactures smart sensors that make life safer and more convenient. And these sensors are becoming ever…
Source: Toyota announcement PLANO, Texas — When the Toyota Prius made its groundbreaking debut in 2000, it changed the automotive industry forever. The high-tech sedan ushered in a new generation of vehicles that combined an electric motor with a high-efficiency…
Source: STRADVISION announcement LAS VEGAS — STRADVISION, an automotive industry pioneer in deep learning-based vision perception technology, has announced that STRADVISION’s award-winning SVNet software is available for designers using the Texas Instruments (TI) TDA4 automotive processor for Level 2 advanced…