Source: StradVision announcement SEOUL — StradVision, an AI-based video perception technology company for autonomous vehicles (AVs) and ADAS, announced that its SVNet software was once again selected as the ‘Best-in-Class Software for Perception Systems’ during the 2022 AutoSens Awards in…
Source: StradVision announcement SEOUL — StradVision, an AI-based perception processing technology company for autonomous vehicles (AV) and ADAS (advanced driver-assistance systems), and technology company ZF Group have announced the appointment of ZF’s Raj Vazirani to StradVision’s board of directors. Vazirani…
Source: StradVision announcement SEOUL — StradVision, an AI-based perception processing company for autonomous vehicles and ADAS, announced it had closed its Series C funding round. Strategic investors included in this round of funding for StradVision are ZF and Aptiv. With…
SOMERVILLE, Mass. – Michigan recently decided to test a lane of I-94 in the Detroit area for autonomous vehicles (AV) to help push this technology forward. This development led The BRAKE Report back to Brad Rosen, chief operating officer and…
Source: StradVision announcement SEOUL — StradVision, an AI-based vision processing company for autonomous vehicles (AV) and ADAS (advanced driver-assist systems), announced the opening of their second office in Germany, based in Dusseldorf. Further German expansion to enhance global OEM support…
COVENTRY, U.K. — Pierre Garnier, Senior Manager – Head of Brakes Engineering for Jaguar Land Rover, recently discussed with The BRAKE Report his functions at the automaker as well as his thoughts about today’s automotive environment and how it is…
Source: StradVision announcement SEOUL & FRIEDRICHSHAFEN, Germany — StradVision, an AI-based vision processing technology company for autonomous vehicles (AV) and ADAS (advanced driver-assist systems), announced technology company ZF has acquired a six-percent stake in StradVision to expand the portfolio of…
Source: StradVision announcement STERLING HEIGHTS, Mich. — StradVision, an AI-based vision processing technology company for autonomous vehicles and ADAS systems, has established a North American headquarters in Michigan, allowing it to better develop new market opportunities in the United States.…
Source: NODAR announcement SOMERVILLE, Mass. — NODAR, the leading provider of camera-based 3D vision technology, announced today that the company added several automotive industry leaders to their team including Roger Nielsen, former President and CEO of Daimler Trucks North America,…
STOCKHOLM, Sweden–Veoneer expects to gain from a commercial delay in self-driving cars, betting that rising demand for its radar and camera-based systems as the industry ramps up to autonomy will boost its market position Forecasts on when autonomous vehicles will…
ROSH HA’AYIN, Israel and STAMFORD, Conn., Jan. 7, 2019 /PRNewswire/ — Innoviz Technologies and HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies for automotive, consumer and enterprise markets, announced today a newfound strategic partnership to make Innoviz’s high-performing, solid-state and mass-producible…
Continental has announced the appointment of Brandon Lane as the new Plant Manager for its New Braunfels, Texas facility, a significant component of the company’s global network. Lane, an experienced leader with over 30 years at Continental, steps into his…
ZF Launches Advanced Automotive Center in Monterrey, Mexico, marking a significant stride in the automotive sector’s push towards enhanced electric and autonomous mobility solutions. This new facility embodies a comprehensive ecosystem, incorporating corporate function hubs, a cutting-edge manufacturing plant, and…
Euro NCAP, the authority on vehicle safety, recently published its crash avoidance ratings for small panel vans, marking a significant step in advocating for enhanced safety features across commercial vehicles. With the introduction of these ratings, Euro NCAP not only…
CHATHAM, Mass. – Enhancement and refinement mark the subtle but important changes Mazda brought to the 2024 CX-30 2.5 Turbo AWD with premium plus package I recently drove. When I drove the 2023 version of this model last June, I…
PALO ALTO, Calif.– Hesai Technology (Nasdaq: HSAI) announced an ADAS (advanced driver-assistance systems) lidar design win with Neta Auto’s new vehicle. Hesai will supply ultra-high resolution long range lidar AT128 for Neta Auto’s upcoming vehicle model which is expected to…
FRANKFURT, Germany — Jean-Michel Verdier, 49, is the new Managing Director of Continental Engineering Services (CES). In his previous assignment at Continental, Verdier was leading the worldwide R&D organization for the Wheel Brake Solutions segment, where he demonstrated exceptional leadership…
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…
FRANKFURT AM MAIN, Germany — Dr. Ismail Dagli, 48, will take charge of Continental’s Autonomous Mobility (AV) business area October 1st, succeeding Frank Petznick, who will leave the company at his own request at the end of September. Since the…
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…
EAST LANSING, Mich. – Recently, when customers began complaining that their vehicles with driver-assistance technologies (ADAS) were “phantom braking” or slamming on the brakes without any visible obstacles present, researchers at Michigan State University (MSU) wanted to learn more about…
SEOUL — STRADVISION, an automotive industry pioneer in deep learning-based vision perception technology, has been selected as a Renesas’ R-Car Consortium Proactive Partner Program member for five consecutive years. The R-Car Consortium, established by Renesas, serves as an inclusive platform…
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…
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…