Hella

EQS-News: WashTec AG: Michael Drolshagen becomes new CEO

Retrieved on: 
Wednesday, March 13, 2024

The Supervisory Board of WashTec AG today appointed Mr. Michael Drolshagen as the new Chief Technology Officer (CTO) and Chief Executive Officer (CEO) effective May 1, 2024.

Key Points: 
  • The Supervisory Board of WashTec AG today appointed Mr. Michael Drolshagen as the new Chief Technology Officer (CTO) and Chief Executive Officer (CEO) effective May 1, 2024.
  • Michael Drolshagen was most recently appointed to the Executive Board of thyssenkrupp Presta Aktiengesellschaft as Managing Director/CEO of the Steering division in 2018.
  • Previously, Michael Drolshagen was Vice President After Sales for the global aftermarket of car manufacturer Porsche and reported directly to the Executive Board of Porsche AG.
  • "Michael Drolshagen combines all the requirements we need to dynamically drive forward the implementation of the strategy for the WashTec Group," said Ulrich Bellgardt, Chairman of the Supervisory Board of WashTec AG.

Automotive Lighting Market worth $30.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 30, 2024

The exterior lighting application is projected to lead the automotive lighting market during the review period.

Key Points: 
  • The exterior lighting application is projected to lead the automotive lighting market during the review period.
  • Thus, such advancement in exterior lighting is transforming the overall automotive lighting industry which will drive this market in upcoming years.
  • The LED lighting market will become a prominent technology in the automotive industry by the end of 2030 as it is more efficient than other technologies and is useful for adaptive lighting features.
  • On the other hand, mid-priced cars are getting installed with hybrid lighting, which combines halogen and LED lighting.

Automotive Lighting Market worth $30.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 30, 2024

The exterior lighting application is projected to lead the automotive lighting market during the review period.

Key Points: 
  • The exterior lighting application is projected to lead the automotive lighting market during the review period.
  • Thus, such advancement in exterior lighting is transforming the overall automotive lighting industry which will drive this market in upcoming years.
  • The LED lighting market will become a prominent technology in the automotive industry by the end of 2030 as it is more efficient than other technologies and is useful for adaptive lighting features.
  • On the other hand, mid-priced cars are getting installed with hybrid lighting, which combines halogen and LED lighting.

EQS-News: LION E-Mobility appoints Dr. Joachim Damasky as new CEO

Retrieved on: 
Tuesday, January 30, 2024

Dr. Damasky, a renowned expert in the automotive industry, is set to lead LION through the upcoming phase of corporate development.

Key Points: 
  • Dr. Damasky, a renowned expert in the automotive industry, is set to lead LION through the upcoming phase of corporate development.
  • Dr. Damasky brings a wealth of experience and expertise to LION, having served in prominent leadership roles in the automotive industry.
  • President of the Board, Alessio Basteri, expressed his enthusiasm for the appointment, stating, "We are extremely pleased to welcome Dr. Joachim Damasky as Chief Executive Officer of LION.
  • Dr. Damasky added "I am honored to lead LION on its promising next phase as battery pack manufacturer and contribute to its legacy of innovation.

Global Automotive Lighting Market Analysis Report 2023-2028: LEDs, OLEDs, and Laser Lights - Technological Advancements Reshape Automotive Lighting - ResearchAndMarkets.com

Retrieved on: 
Friday, December 15, 2023

The global automotive lighting market in 2022 stood at US$33.67 billion, and is likely to reach US$48.80 billion by 2028.

Key Points: 
  • The global automotive lighting market in 2022 stood at US$33.67 billion, and is likely to reach US$48.80 billion by 2028.
  • The global automotive lighting market value is projected to grow at a CAGR of 6.38%, during the forecast period of 2023-2028.
  • Global Automotive lighting Market Dynamics:
    Growth Drivers: Increasing sales and production of automotive vehicles has the potential to boost the growth of the automotive lighting market.
  • Global automotive lighting market is competitive with the top six players controlling more than 75% of the global market.

Global Automotive Lighting Market Analysis Report 2023: A $48.8 Billion Industry by 2028 - Electrification and New Functions Pave the Way for Innovations

Retrieved on: 
Friday, December 15, 2023

The global automotive lighting market in 2022 stood at US$33.67 billion, and is likely to reach US$48.80 billion by 2028.

Key Points: 
  • The global automotive lighting market in 2022 stood at US$33.67 billion, and is likely to reach US$48.80 billion by 2028.
  • The global automotive lighting market value is projected to grow at a CAGR of 6.38%, during the forecast period of 2023-2028.
  • Global Automotive lighting Market Dynamics:
    Growth Drivers: Increasing sales and production of automotive vehicles has the potential to boost the growth of the automotive lighting market.
  • Global automotive lighting market is competitive with the top six players controlling more than 75% of the global market.

Hella Cocktail Co. Gains Traction with New Partner, Rainforest Distribution

Retrieved on: 
Wednesday, May 10, 2023

NEW YORK, May 10, 2023 /PRNewswire/ -- Hella Cocktail Co. continues to expand and elevate cocktail culture for everyone with the announcement of a new distribution partnership with Rainforest Distribution, a wholesale distribution company focusing on food and beverage delivery to natural and specialty stores in the New York metropolitan area.

Key Points: 
  • NEW YORK, May 10, 2023 /PRNewswire/ -- Hella Cocktail Co. continues to expand and elevate cocktail culture for everyone with the announcement of a new distribution partnership with Rainforest Distribution, a wholesale distribution company focusing on food and beverage delivery to natural and specialty stores in the New York metropolitan area.
  • Through this partnership with Rainforest, Hella hopes their uniquely New York story will continue to be told.
  • New York City is the birthplace and home of Hella Cocktail Co. and Hella remains passionate about the reciprocity of local businesses being backed by local brands.
  • "We are excited to partner with Rainforest Distribution in the Northeast.

Industry Veteran Mitch Williams joins RIGID Industries as its New President

Retrieved on: 
Tuesday, May 2, 2023

RIGID Industries, the leader in high-performance LED lighting for off-road racing professionals and enthusiasts and a Clarience Technologies company, is pleased to announce that industry veteran Mitch Williams has joined the company as its new President.

Key Points: 
  • RIGID Industries, the leader in high-performance LED lighting for off-road racing professionals and enthusiasts and a Clarience Technologies company, is pleased to announce that industry veteran Mitch Williams has joined the company as its new President.
  • View the full release here: https://www.businesswire.com/news/home/20230502006229/en/
    Industry veteran Mitch WIlliams has been named President of RIGID Industries.
  • Based in Gilbert, Arizona, RIGID is a long-time leader in high-performance LED lighting for off-road racing professionals and off-road enthusiasts.
  • (Photo: Business Wire)
    “Mitch Williams is a seasoned leader with a proven track record in the industry,” said Doug Wolma, President of Safety Solutions for Clarience Technologies.

Automotive Camera Market is Anticipated To Reach USD 32280 Million By 2029, Witnessing A Cagr Of 28.5% | Valuates Reports

Retrieved on: 
Wednesday, January 25, 2023

BANGALORE, India , Jan. 25, 2023 /PRNewswire/ -- Automotive camera Market is Segmented  by Type - In-Vehicle Camera, Side View Camera, Rear View Camera, AVMS Camera, Driving Recorder, Others, by Application - OEMs, Aftermarket.

Key Points: 
  • BANGALORE, India , Jan. 25, 2023 /PRNewswire/ -- Automotive camera Market is Segmented  by Type - In-Vehicle Camera, Side View Camera, Rear View Camera, AVMS Camera, Driving Recorder, Others, by Application - OEMs, Aftermarket.
  • The global Automotive Camera market was valued at USD 5477.2 million in 2022 and is anticipated to reach USD 32280 million by 2029, witnessing a CAGR of 28.5% during the forecast period 2023-2029.
  • Sales of automotive cameras are increasing globally due to rising consumer demand for vehicle safety and the adoption of more stringent vehicle safety regulations.
  • Due to the high demand for the use of cameras in dangerous scenarios, such as reversing the car, the rear-view improvement camera category is predicted to dominate the worldwide automotive camera market.

Automotive Camera Market is Anticipated To Reach USD 32280 Million By 2029, Witnessing A Cagr Of 28.5% | Valuates Reports

Retrieved on: 
Wednesday, January 25, 2023

BANGALORE, India, Jan. 25, 2023 /PRNewswire/ -- Automotive camera Market is Segmented  by Type - In-Vehicle Camera, Side View Camera, Rear View Camera, AVMS Camera, Driving Recorder, Others, by Application - OEMs, Aftermarket.

Key Points: 
  • BANGALORE, India, Jan. 25, 2023 /PRNewswire/ -- Automotive camera Market is Segmented  by Type - In-Vehicle Camera, Side View Camera, Rear View Camera, AVMS Camera, Driving Recorder, Others, by Application - OEMs, Aftermarket.
  • The global Automotive Camera market was valued at USD 5477.2 million in 2022 and is anticipated to reach USD 32280 million by 2029, witnessing a CAGR of 28.5% during the forecast period 2023-2029.
  • Sales of automotive cameras are increasing globally due to rising consumer demand for vehicle safety and the adoption of more stringent vehicle safety regulations.
  • Due to the high demand for the use of cameras in dangerous scenarios, such as reversing the car, the rear-view improvement camera category is predicted to dominate the worldwide automotive camera market.