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AEye’s Jordan Greene Named as a Rising Star of the Autonomous Vehicle Industry by Business Insider

Retrieved on:

Thursday, February 10, 2022

AEye, Inc. (NASDAQ: LIDR, $LIDR), the global leader in adaptive, high-performance lidar solutions, today announced AEye co-founder and General Manager of Automotive Jordan Greene has been recognized by Business Insider as a Rising Star of the Self-driving Industry .

Key Points:

AEye, Inc. (NASDAQ: LIDR, $LIDR), the global leader in adaptive, high-performance lidar solutions, today announced AEye co-founder and General Manager of Automotive Jordan Greene has been recognized by Business Insider as a Rising Star of the Self-driving Industry .
View the full release here: https://www.businesswire.com/news/home/20220210005866/en/
AEye co-founder and GM of Automotive Jordan Greene has been named a Business Insider Rising Star of the Autonomous Vehicle Industry (Photo: Business Wire)
We have an exceptional team, and Jordan is a case in point.
Greene is a leading architect of AEyes business model, which leverages a highly efficient licensing model and partner strategy to scale manufacturing and distribution.
Recognized individuals were selected by Business Insider staff based on standout accomplishments that separated them from their peers.

Worldwide Automobile Lighting Industry to 2026 - Featuring Koito, Valeo and Varroc Among Others

Retrieved on:

Wednesday, December 1, 2021

The advancements in Automobile Lighting and increased use of electronics devices drive the Automobile Lighting market.

Key Points:

The advancements in Automobile Lighting and increased use of electronics devices drive the Automobile Lighting market.
4.3 Global Automotive Lighting Market: Growth & Forecast
5.1 Global Automotive Lighting Market Segmentation, By Position
5.2 Competitive Scenario of Automotive Lighting Market: By Position (2020 & 2026)
6.
Global Automotive Lighting Market Segmentation, By Technology
6.1 Global Automotive Lighting Market: Segment Analysis
6.2 Competitive Scenario of Automotive Lighting Market: By Technology (2020 & 2026)
7.
Global Automotive Lighting Market Segmentation, By Vehicle Type
7.1 Global Automotive Lighting Market: Segment Analysis
7.2 Competitive Scenario of Global Automotive Lighting Market: By Vehicle Type (2020 & 2026)
8.1 Competitive Scenario of Global Automotive Lighting Market: By Region (2020 & 2026)
11.

Car Security System Market will surpass US$ 33.8 Bn by 2031; Rising Cases Car Thefts will Continue Pushing Demand Globally: FMI

Retrieved on:

Tuesday, November 23, 2021

DUBAI, UAE, Nov. 23, 2021 /PRNewswire/ -- As per the latest survey conducted by FMI, the global car security system market size is poised to reach US$ 11.1 Bn in 2021. Growing concerns regarding vehicle safety among users and automotive manufacturers are facilitating the growth in the market.

Key Points:

DUBAI, UAE, Nov. 23, 2021 /PRNewswire/ -- As per the latest survey conducted by FMI, the global car security system market size is poised to reach US$ 11.1 Bn in 2021.
A swift rise in incidence of car thefts across the world is the primary factor driving the market.
In response to this, the car security system market is projected to surpass US$ 33.8 Bn by 2031.
Also, the implementation of regulations mandating the installation of basic car security system in vehicles is boosting the market.

Car Security System Market will surpass US$ 33.8 Bn by 2031; Rising Cases Car Thefts will Continue Pushing Demand Globally: FMI

Retrieved on:

Tuesday, November 23, 2021

DUBAI, UAE, Nov. 23, 2021 /PRNewswire/ -- As per the latest survey conducted by FMI, the global car security system market size is poised to reach US$ 11.1 Bn in 2021. Growing concerns regarding vehicle safety among users and automotive manufacturers are facilitating the growth in the market.

Key Points:

DUBAI, UAE, Nov. 23, 2021 /PRNewswire/ -- As per the latest survey conducted by FMI, the global car security system market size is poised to reach US$ 11.1 Bn in 2021.
A swift rise in incidence of car thefts across the world is the primary factor driving the market.
In response to this, the car security system market is projected to surpass US$ 33.8 Bn by 2031.
Also, the implementation of regulations mandating the installation of basic car security system in vehicles is boosting the market.

Wejo and Virtuoso Acquisition Corp. Announce Additional Financing Arrangements Related to Upcoming Merger

Retrieved on:

Wednesday, November 10, 2021

Wejo Group Limited (the Company or Wejo), a global leader in connected vehicle data, and Virtuoso Acquisition Corp. (Virtuoso) (NASDAQ: VOSO), a publicly traded special purpose acquisition company, today announced two agreements to secure additional financing arrangements related to their proposed merger through which Wejo expects to become a publicly listed company:

Key Points:

Wejo Group Limited (the Company or Wejo), a global leader in connected vehicle data, and Virtuoso Acquisition Corp. (Virtuoso) (NASDAQ: VOSO), a publicly traded special purpose acquisition company, today announced two agreements to secure additional financing arrangements related to their proposed merger through which Wejo expects to become a publicly listed company:
Forward Purchase Agreement.
Rob Givone, Partner at Apollo, stated, We are excited to support this transaction with Wejo, a global market leader in connected vehicles.
Wejo has established relationships with major OEMs and related Tier 1 automotive suppliers, and has received strategic investments from blue-chip companies such as GM, Microsoft, and Palantir.
Virtuoso Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses.

eSync™ Alliance and Autoware Foundation join forces to accelerate autonomous vehicle software deployment

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Monday, November 8, 2021

Industry, Knowledge, Technology, The eSync Alliance, ZF, Aptiv, ECU, OTA, Hella, Architecture, Board of directors, API, Environment, Original equipment manufacturer, Molex, ROS, Satellite navigation device, Video game console

OTA updates and data gathering can accelerate autonomous vehicle software stack development...

Key Points:

OTA updates and data gathering can accelerate autonomous vehicle software stack development...
"OTA updates and data gathering can accelerate autonomous vehicle software stack development, creating highly efficient learning loops, that enable rapid incorporation of real-time vehicle data for the improvement of in-car software," said Mike Gardner, Executive Director at the eSync Alliance.
"The integration of a standardized OTA platform such as eSync, into Autoware's open-source autonomous vehicle software provides significant benefits to developers and end customers alike."
It is amazing how well the objectives and structure of the eSync Alliance align with what the Autoware Foundation brings to the table," said Shinpei Kato, Chairman, Board of Directors of the Autoware Foundation.
Autoware is the world's first "all-in-one" open-source software for self-driving vehicles hosted under the Autoware Foundation.

Wejo and Hella Partnership Unlocks New Use Cases for Connected Vehicle Data

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Thursday, November 4, 2021

Mobile, Wireless, Technology, Automotive, General Automotive, Other Technology, Automotive Manufacturing, Software, Manufacturing, Networks, Data Management, Agreement, Intelligence, GM, Industry, VOSO, Palantir Technologies, Prospectus, COVID-19, THE, Insurance, MSFT, Plan, Diagnosis, Communication, Risk, Tripura Merger Agreement, Person, Leadership, Technology, Failure, Probability, Headlamp, Securities Act of 1933, Hella, Travel, Original equipment manufacturer, Private Securities Litigation Reform Act, CRIMINAL, Organization, NASDAQ, CEO, Work, PLTR, Sale, SEC, Proxy, Electronics, Azure, Ihringen, Sompo Japan Nipponkoa Insurance, Name, Form, General Motors, HGS, Software, Partnership, Company, Mechanics, TYO, NYSE, Motor vehicle, Video game console, Satellite navigation device, Heavy equipment, Security (finance), Risk management, Wejo, HELLA GmbH & Co. KGaA, Lippstadt, Hella Gutmann Solutions GmbH, Ihringen, WEJO, HELLA GMBH & CO. KGAA, LIPPSTADT, HELLA GUTMANN SOLUTIONS GMBH, IHRINGEN

Wejo, a global leader in connected vehicle data, and Hella Gutmann Solutions (Hella Gutmann), a leading diagnostics and automotive data provider, which is a subsidiary of HELLA GmbH & Co. KGaA (Hella), one of the worlds leading automotive suppliers, today detailed notable recent achievements of their partnership, which include multiple business applications for connected vehicle data across the vehicle lifecycle.

Key Points:

Wejo, a global leader in connected vehicle data, and Hella Gutmann Solutions (Hella Gutmann), a leading diagnostics and automotive data provider, which is a subsidiary of HELLA GmbH & Co. KGaA (Hella), one of the worlds leading automotive suppliers, today detailed notable recent achievements of their partnership, which include multiple business applications for connected vehicle data across the vehicle lifecycle.
From e-mobility to the broader digitalization of the vehicle and ever more intelligent sensors, Hella and Wejo together will deliver insights to passengers, manufacturers, mechanics, OEMs business fleets that demonstrate the power and potential of how connected vehicle data can be used.
Rolf Kunold, CEO at Hella Gutmann, added: Wejos connected vehicle data expertise is an outstanding complement to Hella Gutmanns product portfolio and has enabled us to develop new digital data driven products and services for the connected vehicle data supply chain to benefit OEMs.
Wejo is a global leader in connected vehicle data, revolutionizing the way we live, work and travel by transforming and interpreting real-time vehicle data.

Europe Automotive Diagnostic Scan Tools Market Report 2021: A 45 Billion Market in 2020 - Size, Trends & Growth Opportunity and Forecast to 2027 - ResearchAndMarkets.com

Retrieved on:

Monday, October 18, 2021

Furthermore, the rise in application of diagnostic scan tools with growing demand for sophisticated automotive diagnostics technology from consumers is accelerating the demand for Europe Automotive Diagnostic Scan Tools market during this forecast period.

Key Points:

Furthermore, the rise in application of diagnostic scan tools with growing demand for sophisticated automotive diagnostics technology from consumers is accelerating the demand for Europe Automotive Diagnostic Scan Tools market during this forecast period.
Moreover, the complexities involved in the functioning of such diagnostic scan tools may limit the growth of Europe automotive diagnostic scan tools market.
Furthermore, electrification of vehicles & the growing number of service stations are expected to boost the growth of Europe automotive diagnostic scan tools market in the near future.
Customer's improved lifestyle also accelerate the expansion of passenger & commercial vehicles, which in turn fuels the growth of Europe automotive diagnostic scan tools market.

Increasing Sales of Passenger Vehicles Position North America as a Highly Lucrative Market for Car Security Systems: Future Market Insights

Retrieved on:

Wednesday, September 22, 2021

Demand for car security system is expected to rise by year on year (YoY) growth of 5.4% in 2021, owing to the increasing production of passenger cars and luxury vehicles.

Key Points:

Demand for car security system is expected to rise by year on year (YoY) growth of 5.4% in 2021, owing to the increasing production of passenger cars and luxury vehicles.
These vehicles come inbuilt with these security systems, thus, rise in production of these vehicles will drive the market growth.
Increasing incidence of vehicle theft is a primary factor accelerating the sales of car security system.
Government initiatives adopted for making car security systems like GPS and vehicle trackers mandatory in every car is boosting the growth of the market.

Increasing Sales of Passenger Vehicles Position North America as a Highly Lucrative Market for Car Security Systems: Future Market Insights

Retrieved on:

Wednesday, September 22, 2021

DUBAI, U.A.E, Sept. 22, 2021 /PRNewswire/ -- As per the latest insights from FMI, the global car security system market is estimated to total US$ 7.6 billion by 2021. In response to the rising awareness regarding benefits of advanced security system amongst automotive owners, the sales of car security system are projected to grow at a CAGR of 5% during the forecast period, from 2021 to 2031.

Key Points:

Demand for car security system is expected to rise by year on year (YoY) growth of 5.4% in 2021, owing to the increasing production of passenger cars and luxury vehicles.
These vehicles come inbuilt with these security systems, thus, rise in production of these vehicles will drive the market growth.
Increasing incidence of vehicle theft is a primary factor accelerating the sales of car security system.
Government initiatives adopted for making car security systems like GPS and vehicle trackers mandatory in every car is boosting the growth of the market.