Isuzu

Foretellix Raises $85 Million in Series C Closing

Retrieved on: 
Tuesday, December 5, 2023
ASAM, V&V, Safety, Entrepreneurship, OurCrowd, Mining, Temasek, Advanced driver-assistance system, Build automation, AV, Quattro (four-wheel-drive system), Growth, Original equipment manufacturer, ADAS, Isuzu

TEL-AVIV, Israel and SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Foretellix, the leading provider of safety-driven verification and validation (V&V) solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS), has announced today that it closed a Series C funding round of $85 million, bringing its total raised capital to $135 million. The funding round was led by 83North. The new investors Temasek and Isuzu joined Woven Capital - the growth fund of Toyota - NVIDIA, and Artofin, which participated in the first closing earlier this year. All major existing shareholders participated, including MoreTech, Nationwide, Volvo Group VC, Jump Capital, Next Gear Ventures, and OurCrowd. Foretellix will use the funding to accelerate the development of its expanding product portfolio and address the growing worldwide demand for its solutions.

Key Points: 
  • The new investors Temasek and Isuzu joined Woven Capital - the growth fund of Toyota - NVIDIA, and Artofin, which participated in the first closing earlier this year.
  • Foretellix will use the funding to accelerate the development of its expanding product portfolio and address the growing worldwide demand for its solutions.
  • "We are thrilled to have Temasek and Isuzu join as investors," said Ziv Binyamini, Foretellix CEO and Co-Founder.
  • Foretellix led the ASAM OpenSCENARIO® 2.0 (OSC2.0) standard development, revolutionizing how safety is developed and tested in Automated Driving Systems.

Isuzu and Honda to Hold First Public Exhibit of Fuel Cell-Powered Heavy-duty Truck at JAPAN MOBILITY SHOW 2023

Retrieved on: 
Tuesday, October 17, 2023
Knowledge, CELL, Honda, Research, Isuzu, Tokyo Big Sight, GIGA, Transport, Carbon, JAPAN, FC, Hydrogen, Warehouse, Rail transport

TOKYO, Oct 17, 2023 - (JCN Newswire) - Isuzu Motors Limited and Honda Motor Co., Ltd. today announced that they will exhibit the GIGA FUEL CELL, a fuel cell (FC)-powered heavy-duty truck currently being co-developed by the two companies, at the Isuzu Group booth at the JAPAN MOBILITY SHOW 2023.

Key Points: 
  • TOKYO, Oct 17, 2023 - (JCN Newswire) - Isuzu Motors Limited and Honda Motor Co., Ltd. today announced that they will exhibit the GIGA FUEL CELL, a fuel cell (FC)-powered heavy-duty truck currently being co-developed by the two companies, at the Isuzu Group booth at the JAPAN MOBILITY SHOW 2023.
  • This will be the first time the GIGA FUEL CELL will be shown to the general public.
  • The Japan Mobility Show will be held from Saturday, October 28 to Sunday, November 5, 2023 at Tokyo Big Sight, Tokyo Japan.
  • Its range of more than 800 km/500 miles (Isuzu validation mode) makes the GIGA FUEL CELL a zero-emission heavy-duty truck with true practicality.

Allison Introduces Newest eGen Power® e-Axle at Busworld Europe in Belgium

Retrieved on: 
Friday, October 6, 2023
Automotive Manufacturing, Automotive, Manufacturing, Other Automotive, General Automotive, Vehicle Technology, Other Manufacturing, Performance & Special Interest, Alternative Vehicles, Fuels, Engineering, Fleet Management, Partnership, Multimedia, Family, Isuzu, Isuzu (Anadolu), Novo, Allison, GAWR, Allison Transmission, North Ronaldsay sheep, Housing, Automotive industry

Allison Transmission today announced the launch of the eGen Power® 85S, the newest addition to Allison’s family of fully electric axles.

Key Points: 
  • Allison Transmission today announced the launch of the eGen Power® 85S, the newest addition to Allison’s family of fully electric axles.
  • In partnership with Anadolu Isuzu, Allison is pleased to present their integrated eGen Power 85S into the Isuzu Novo VOLT fully electric bus showcased at Busworld Europe in Brussels, Belgium.
  • View the full release here: https://www.businesswire.com/news/home/20231006439447/en/
    Allison Transmission has partnered with Anadolu Isuzu to integrate the new Allison eGen Power® 85S e-Axle into the Isuzu Novo VOLT, a fully electric 8-meter midi bus unveiled at the Busworld Europe trade show in Brussels.
  • (Photo: Business Wire)
    “We’re proud to partner with Allison to integrate the eGen Power 85S into the Novo VOLT to provide a new bus in our portfolio that will deliver zero emissions and reduce noise levels,” said Tuğrul Arıkan, General Manager of Anadolu Isuzu.

US Pickup Truck Market to grow by USD 51.05 billion from 2022 to 2027, The market is concentrated due to the presence of prominent companies like Ford Motor Co., General Electric Co. and Honda Motor Co. Ltd., and many more - Technavio

Retrieved on: 
Friday, October 13, 2023
Civic, Ford, Hatchback, Vehicle registration plates of Nepal, Isuzu, Ford F-Series, Ford Motor Company, Family, Volkswagen, Honda, Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc., HUMMER, USD, Ranger, English v. General Electric Co., Volkswagen Group, Honda T360, GMC, Toyota, Ridge, Tesla, Inc., Growth, Ford Ranger, GVWR, General Motors, Automotive industry, Cargo

The pickup truck market is concentrated owing to the presence of many global and regional companies.

Key Points: 
  • The pickup truck market is concentrated owing to the presence of many global and regional companies.
  • Ford Motor Co. - The company offers pickup trucks such as Ford F Series trucks and Ford Ranger.
  • General Electric Co. - The company offers pickup trucks such as GMC HUMMER and Sierra electric pickup trucks.
  • Honda Motor Co. Ltd. - The company offers pickup trucks such as the Honda T360, Honda Acty 4WD, Honda Civic, and Ridgeline.

New Engine Technology Forum Debuts

Retrieved on: 
Tuesday, October 3, 2023
Western States Petroleum Association, Petroleum, Education, ICE, Volvo, Agriculture, Rolls-Royce, Gasoline, Neste, Research, Carbon, DTF, Government, ETF, Isuzu, Mining, Natural gas, AGCO, Stanadyne, Yanmar, Greenhouse, Cummins, Forum, News, General Motors, Renewable energy, Umicore, Tenneco, Caterpillar

Washington, D.C., Oct. 02, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of the Diesel Technology Forum (DTF) is pleased to announce that effective October 2, 2023, the DTF has evolved into the Engine Technology Forum, Inc. (ETF).

Key Points: 
  • Washington, D.C., Oct. 02, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of the Diesel Technology Forum (DTF) is pleased to announce that effective October 2, 2023, the DTF has evolved into the Engine Technology Forum, Inc. (ETF).
  • The new Engine Technology Forum is a place for fact-based discussions as well as debate about all options for meeting our energy, environmental, and economic goals.
  • The Forum will share news about the innovations in internal combustion engines, vehicles, technology and fuels through its various educational outreach campaigns, events, and its new website .
  • Engine Technology Forum members include; AGCO, Caterpillar, Chevron’s Renewable Energy Group, Clean Fuels Alliance America, Cummins, FPT Powertrain Technologies, General Motors, Innospec, Isuzu, John Deere, Johnson Matthey, Kubota Engine America, mtu-a Rolls-Royce solution, Neste, Stanadyne, Stellantis, Tenneco, Umicore, Volvo, Western States Petroleum Association, and Yanmar.

Environmental Focus Drives Adoption of Electric Airport Buses in the Airport Transportation Industry

Retrieved on: 
Friday, September 22, 2023
VEGA, Cobus Industries, Airport bus, BYD Company, Airport, Yutong, Electricity, Newcastle Airport, Carbon, USD, Isuzu, Toyota, Volvo, International airport, Volkswagen, Traction, Growth, Revenue, Transport, Airline, Floral industry

A significant driver of this transformation is the rapid replacement of old diesel-powered airport buses with new electric buses.

Key Points: 
  • A significant driver of this transformation is the rapid replacement of old diesel-powered airport buses with new electric buses.
  • Manufacturers are focusing on launching electric airport buses to contribute to carbon-free cities, fueling market growth over the forecast period.
  • The adoption of electric airport buses is gaining traction among both public and private airports, aligning with zero-emission objectives.
  • Airports are increasingly prioritizing the adoption of electric buses, known for their eco-friendliness and minimal environmental impact.

Paint Booth Market to hit US$ 1.0 billion by 2033 as Demand for Precision Surges in Manufacturing Sector | Future Market Insights, Inc.

Retrieved on: 
Tuesday, September 19, 2023
Pressure, Research report, Paint, Rani Sati Temple, COVID-19, VOC, Salinity, Al Maktoum International Airport, Corrosion, Isuzu, FMI, DWC, Filtration, Environment, Speciality chemicals

NEWARK, Del., Sept. 19, 2023 /PRNewswire/ -- By 2023, the global paint booth market is anticipated to total around US$ 595.0 million. By 2033, it is projected to reach about US$ 1.0 billion.

Key Points: 
  • The well-established oil & gas industry in the Middle East and Africa is expected to create a huge demand for paint booths.
  • The United States paint booth industry is likely to exhibit a CAGR of 5.6% from 2023 to 2033.
  • The United Kingdom paint booth industry is projected to top US$ 40.8 million in the paint booth industry by 2033.
  • The global paint booth market has been analyzed with the COVID-19 impact, several macroeconomic factors, market trends, and market background.

Paint Booth Market to hit US$ 1.0 billion by 2033 as Demand for Precision Surges in Manufacturing Sector | Future Market Insights, Inc.

Retrieved on: 
Tuesday, September 19, 2023
Pressure, Research report, Paint, Rani Sati Temple, COVID-19, VOC, Salinity, Al Maktoum International Airport, Corrosion, Isuzu, FMI, DWC, Filtration, Environment, Speciality chemicals

NEWARK, Del., Sept. 19, 2023 /PRNewswire/ -- By 2023, the global paint booth market is anticipated to total around US$ 595.0 million. By 2033, it is projected to reach about US$ 1.0 billion.

Key Points: 
  • The well-established oil & gas industry in the Middle East and Africa is expected to create a huge demand for paint booths.
  • The United States paint booth industry is likely to exhibit a CAGR of 5.6% from 2023 to 2033.
  • The United Kingdom paint booth industry is projected to top US$ 40.8 million in the paint booth industry by 2033.
  • The global paint booth market has been analyzed with the COVID-19 impact, several macroeconomic factors, market trends, and market background.

Gatik’s Chief Technology Officer and Co-founder, Arjun Narang, Honored as a 2023 Automotive News Rising Star

Retrieved on: 
Monday, September 11, 2023
Hardware, Alternative Vehicles, Fuels, Technology, Robotics, Other Automotive, EV, Electric Vehicles, Other Transport, Trucking, Autonomous Driving, Vehicles, Fleet Management, General Automotive, Transport, Automotive, Software, Logistics, Supply Chain Management, Vehicle Technology, Ryder, Kroger, SLAM, Maintenance, CUNY, Partnership, B2B, KBX, Automotive News, Original equipment manufacturer, Rising Star, Perception, Georgia-Pacific, Automotive industry, All-star, Multimedia, CFC, Research, History, Birla Institute of Technology and Science, Pilani, Pitney Bowes, Isuzu, Carnegie Mellon University, Engineering, Purdue University, Waseda University, AV, AVS, Tyson Foods, Cummins, News, Safety, Nārang, Loblaw Companies, Walmart

Automotive News has named Arjun Narang, Chief Technology Officer and co-founder of Gatik, a 2023 Rising Star.

Key Points: 
  • Automotive News has named Arjun Narang, Chief Technology Officer and co-founder of Gatik, a 2023 Rising Star.
  • View the full release here: https://www.businesswire.com/news/home/20230911787404/en/
    Arjun Narang, Chief Technology Officer and Co-Founder of Gatik, honored as a 2023 Automotive News Rising Star.
  • "I am deeply honored to receive the 2023 Rising Star award during such a pivotal time in the autonomous transportation industry," said Arjun Narang, Chief Technology Officer and co-founder, Gatik.
  • In 2022, Gatik’s Chief Engineer and co-founder, Apeksha Kumavat, was honored as a 2022 Rising Star by Automotive News .

SaverOne Reports First Half 2023 Results with Strong Revenue Growth

Retrieved on: 
Tuesday, August 29, 2023
Regional Council, Operating cost, Insurance, Marketing, Head, Original equipment manufacturer, Mercedes-Benz, VRU, Transport, Business development, IASB, UTI, Mitsubishi Group, Perrier, USD, Growth, Safety, IVECO, First International Bank of Israel, Business, Nestlé, DDPS, Isuzu Trucks South Africa, Garbage, Ministry, TASE, Shufersal, Senior management, CFO, NIS, ADAS, Research, Energy policy of the European Union, Recycling, PepsiCo, Student, Orangi Pilot Project, Isuzu, Comments on the Biography of Ni Kuan, Bank, United Arab Emirates, Satellite navigation device, Mining, Electric battery, Fine chemical, Airline, Propane, Warehouse, Mobile phone, Video game, EU, Cemex, Nestea, Diplomat, Zoom

PETAH TIKVAH, Israel, Aug. 29, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the first half ended June 30, 2023 and shared some of its recent business updates.

Key Points: 
  • "Given our solid results and the clear potential ahead of us, we are ever more optimistic about our long-term growth.
  • Looking to the second half of 2023, we expect to continue the growth trend from our encouraging first half of the year," concluded Mr. Gilboa.
  • This follows the successful implementation of the system in 100 Isuzu trucks in the first half of 2023.
  • Net loss in the first half of 2023 was NIS 17.8 million (~$4.8 million), compared to NIS 11.9 million (~$3.2 million) for the first half of 2022.