ORLANDO, Fla. and SANTA CLARA, Calif. — A partnership has been announced between Luminar (Nasdaq: LAZR), a prominent global automotive technology company, and Plus, a worldwide provider of highly automated driving and fully autonomous driving solutions. The collaboration aims to…
BARTLETT, Ill. — Bremskerl North America, Inc. announced Logan Mayfield has been promoted to National Sales Manager to replace Michael Konrad, who is leaving the organization after 14 years to pursue a new opportunity. In his new role, Mayfield will…
AVON, Ohio – This story begins in May 1988 with a single plant focused on assembly and machining for the controls business unit of Bendix Commercial Vehicle Systems LLC. Today, Bendix’s campus in bright, sunny Acuña, Mexico, has grown to…
LANDSKRONA, Sweden – Haldex posted the following on its European website detailing the benefits of spending a bit more to get higher-quality friction products which has fueled the company’s customers. “Why customers may wish to pay more, rather than less,…
SEOUL — STRADVISION, an automotive industry pioneer in deep learning-based vision perception technology, has opened a new Autonomous Driving Workshop in Dongtan, Gyeonggi-do, Korea, to strengthen vehicle object recognition technology. STRADVISION’s new Autonomous Driving Workshop is available for optimizing and…
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…
NEW YORK — Reportlinker.com recently announced the release of Aircraft Braking System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028. The global aviation braking system market is anticipated to grow at an impressive rate during the forecast…
LE MANS, France – Marking its first appearance since 1976, NASCAR will compete in the 24 hours of Le Mans race in June as part of the event’s centennial celebrations, it was announced today. The race car is a collaboration…
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…
BURLINGAME, Calif. — Coherent Market Insight has published a new research study titled Automotive Brake System Market 2023 analysis by the following topics: “industry size, share, growth, segmentation, manufacturers and developments, key trends, market drivers, restraints, regulations, distribution methods, opportunities,…
TROY, MICH. – PureForge brakes, a company specializing in advanced brake technology, has recently relocated its headquarters from Poway, Calif., to Troy, Mich. During an Open House event at the new manufacturing facility on May 10th, the company’s leadership introduced…
STANSTEAD, U.K. – EuroBrake Strategy Panel 2023: Effects of the Euro 7 (EU7) regulation on brake system development and homologation will be a major program at the upcoming EuroBrake 2023 Sept. 12 – 14 in Barcelona. The new Euro 7…
NEW YORK – According to the recently published Global Automotive Brake System Market size report by Market.us Study, the market is expected to be worth around $60.6 billion by 2032 from up from $37.3 billion in 2022, growing at a…
AVON, Ohio – During last year’s Commercial Vehicle Safety Alliance (CVSA) International Roadcheck, issues with brake systems, service brakes, and tires accounted for more than half of all the out-of-service vehicle violations across the United States, Canada, and Mexico. With…
SEOUL — STRADVISION, an automotive industry pioneer in deep learning-based vision perception technology, has received the highest assessment level (AL3) of TISAX® (Trusted Information Security Assessment Exchange), covering the highest requirements of various assessment objectives. TISAX’s assessment is an important…
BIRMINGHAM, U.K. – The debate about the future and viability of the automotive aftermarket, including the brake-component segment, is global. As vehicles evolve, with more systems integrated (like brake-by-wire replacing traditional hydraulic systems) within the vehicle’s architecture, questions about the…
CAXIAS DO SUL, Brazil — In a strategic step towards its consolidation as a multinational company that is a reference in solutions making people’s lives easier through mobility, the Randon Companies will go by a new name: Randoncorp. The name…
MUNICH — Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, is announcing the launch of its commercial vehicle aftermarket brand Knorr-Bremse TruckServices in South America. The TruckServices portfolio for…
ESSEN — Hella Pagid, leading brake system specialist for the independent automotive aftermarket and joint venture between automotive suppliers TMD Friction and HELLA, is celebrating its 10th anniversary. On April 23, 2013, Hella Pagid GmbH was founded as an equal…
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…
ORLANDO, Fla. — Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced the successful build-out and bring-up of a new highly automated, high-volume manufacturing facility in Monterrey, Mexico. The first Luminar Iris sensors out of this new dedicated facility…
ODENSE, Denmark – Earlier this year, the Meneta Group announced its application to patent the SmartStack™ shim technology incorporating both calendered and liquid rubber layers – the first shim to do so. The BRAKE Report recently had the opportunity to…
Euro 7 has been getting a lot of attention recently because of its potential impact on the brake industry. So I decided to sit down with Stefan Guether, Global Product Manager Brake Test Systems for Horiba Europe, and Sebastian Granstat,…
LIVERPOOL, U.K. – Surface Transforms yesterday announced it would not meet the market’s profitability expectations for for fiscal year 2023 due to technical issues which stretched from the end of 2022 into the first quarter of 2023. The company went…