ADAS

TPG Agrees to Acquire Classic Collision

Retrieved on: 
Wednesday, April 3, 2024

TPG (NASDAQ: TPG), a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Classic Collision, a leading, national collision repair multi-site operator.

Key Points: 
  • TPG (NASDAQ: TPG), a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Classic Collision, a leading, national collision repair multi-site operator.
  • TPG Capital, the U.S. and European private equity platform of TPG, will acquire the business from New Mountain Capital.
  • “Today’s announcement is an exciting milestone for Classic Collision and a great testament to the strength of our team and our collective commitment to providing the highest quality service with integrity,” said Toan Nguyen, CEO of Classic Collision.
  • With longstanding industry relationships and numerous manufacturer certifications, Classic Collision is broadly recognized as a trusted partner in comprehensive collision repair.

Global and China Intelligent Vehicle Cockpit-driving Integration (Parking) Industry Report 2024: Chip Vendors Make a Quick Response to the Urgent Need for Cost Reduction and Efficiency Improvement - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

The "Intelligent Vehicle Cockpit-driving Integration (Cockpit-driving-parking) Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Intelligent Vehicle Cockpit-driving Integration (Cockpit-driving-parking) Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • The trend for internal and external integration of domain controllers, especially the integration of two core domains, intelligent driving domain and cockpit domain, becomes clearer.
  • Against this background, three main integration forms come out: driving-parking integration, cockpit-parking integration and cockpit-driving integration.
  • Driving-parking integration: Since wide adoption in 2023, driving-parking integration solutions have been mounted on nearly 70 vehicle models of more than 30 manufacturers.

ATrack Announces Newest GEO/LEO AI Telematics Box and In-Vehicle Solutions at Embedded World 2024

Retrieved on: 
Monday, April 1, 2024

ATrack Technology Inc., a pioneering force in the telematics industry, is set to unveil groundbreaking advancements in AI vision telematics solutions at Embedded World 2024.

Key Points: 
  • ATrack Technology Inc., a pioneering force in the telematics industry, is set to unveil groundbreaking advancements in AI vision telematics solutions at Embedded World 2024.
  • Showcasing the revolutionary AK750 AI telematics box, which supports both GEO and LEO connectivity with LTE redundancy, ATrack solidifies its position at the forefront of telematics technology.
  • View the full release here: https://www.businesswire.com/news/home/20240401639372/en/
    The AK750 GEO/LEO AI Telematics Box emerges as a revolutionary solution, specifically designed to tackle the connectivity challenges prevalent in remote environments.
  • ATrack's presence at Embedded World 2024 reaffirms its commitment to pushing the boundaries of telematics technology.

Global Automotive Semiconductor Market Outlook & Forecast 2023-2028: A Highly Fragmented $135 Bn Market with Continental, DENSO, Infineon, NXP Semiconductors, Renesas Electronics, and Bosch Dominating - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The global automotive semiconductor market is highly fragmented, with many local and international players.

Key Points: 
  • The global automotive semiconductor market is highly fragmented, with many local and international players.
  • The leading global automotive semiconductor market vendors are Robert Bosch, Continental, Infineon Technologies, NXP Semiconductors, DENSO Corporation, Renesas Electronic Corporation, and others.
  • APAC dominated the global automotive semiconductor market with a CAGR of around 12% during the forecast period.
  • The shortage of semiconductors in the global automotive semiconductor market is a significant challenge affecting the global automotive industry.

AEye Reports Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, March 26, 2024

AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the fourth quarter and year ended December 31, 2023.
  • Revenue of $0.1 million in the fourth quarter of 2023.
  • AEye management will hold a conference call today, March 26, 2024, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these results.
  • AEye CEO Matt Fisch and CFO Conor Tierney will host the call, followed by a question-and-answer session.

CCC Crash Course Report Reveals How Labor Pressures and Increasing Vehicle Complexity Are Reshaping Auto Insurance and Collision Repair Industries

Retrieved on: 
Tuesday, March 26, 2024

CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, today published its 2024 Crash Course Report highlighting the latest data, insights, and trends impacting the auto claims and collision repair industries.

Key Points: 
  • CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, today published its 2024 Crash Course Report highlighting the latest data, insights, and trends impacting the auto claims and collision repair industries.
  • Crash Course Q1 2024 found that increasing vehicle complexity, combined with rising labor costs and shortages, are placing persistent pressure on carriers and repairers.
  • “CCC has shifted to a quarterly publication of Crash Course to support the growing needs of our customers and the industry.
  • Previously published annually, Crash Course will be published quarterly in 2024 to provide more frequent updates on key trends and insight.

United States Robotics Integration for the Manufacturing Market Research 2024-2029: Burgeoning Opportunities in the Rise of Robots-as-a-Service (RaaS) - ResearchAndMarkets.com

Retrieved on: 
Monday, March 25, 2024

The "U.S. Robotics Integration for the Manufacturing Market - Analysis and Forecast, 2024-2029: Focus on Market, Applications and Technologies" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "U.S. Robotics Integration for the Manufacturing Market - Analysis and Forecast, 2024-2029: Focus on Market, Applications and Technologies" report has been added to ResearchAndMarkets.com's offering.
  • The integration of robotics is reshaping various sectors, including manufacturing, healthcare, and service industries, by enhancing efficiency, productivity, and safety.
  • For instance, the Advanced Robotics for Manufacturing (ARM) Institute reflects a concerted effort to fortify the country's global leadership in this domain.
  • In 2022, the U.S. robotics integration for the manufacturing market was dominated by established players, accounting for 90% of the market share, whereas start-ups managed to capture 10% of the market.

United States Passenger Vehicle OEM Advanced Driver Assistance Systems R&D Strategies Report 2024-2030 Featuring Ford, General Motors, Hyundai, Nissan, Tesla, and Toyota - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024

The "US Passenger Vehicle Original Equipment Manufacturers Advanced Driver Assistance Systems R&D Strategies, 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "US Passenger Vehicle Original Equipment Manufacturers Advanced Driver Assistance Systems R&D Strategies, 2030" report has been added to ResearchAndMarkets.com's offering.
  • This study provides an overview of the ADAS and AD strategies that select global OEMs in the United States have adopted.
  • Growing demand for safety and convenience features has amplified the development and adoption of advanced driver assistance systems (ADAS) and autonomous driving (AD) features in passenger vehicles.
  • The United States has been at the forefront of regulating ADAS and AD to expedite the time to adoption.

indie Semiconductor Announces Strategic Investment in AI Processor Leader Expedera

Retrieved on: 
Wednesday, March 20, 2024

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP).

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP).
  • The partnership will deliver customized artificial intelligence (AI) enabled processing capabilities for sensing solutions targeting Advanced Driver Assistance Systems (ADAS) and includes a commercial agreement to integrate customized Expedera OriginTM NPU processing solutions into future indie products.
  • View the full release here: https://www.businesswire.com/news/home/20240320336775/en/
    indie Announces Strategic Investment in AI Processor Leader Expedera (Graphic: Business Wire)
    According to S&P Mobility, by 2029 over 50 percent of vehicles will incorporate Level 2 and above driver automation capabilities, representing a $28 billion ADAS semiconductor opportunity.
  • “Our mission has always been to deliver best-in-market NPU solutions alongside premier partners, which is why we are so thrilled to welcome this new strategic investment and commercial agreement with indie,” said Da Chuang, co-founder and CEO of Expedera.

Autonomous Trucks Global Markets 2023-2028: Tech Companies Like Nvidia have Entered this Space to Provide Services to Companies Such as AB Volvo and Paccar - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024

This report provides an overview of the global market for autonomous trucks and analyses market trends.

Key Points: 
  • This report provides an overview of the global market for autonomous trucks and analyses market trends.
  • This report segments the global autonomous trucks market by component, autonomy, propulsion type, truck type, end-use, and region.
  • Tech companies such as Nvidia Corporation have entered this space to provide services to companies such as AB Volvo and Paccar Inc.
  • The report estimates the size of the global autonomous trucks market in 2023 and provides projections of the expected market size through 2028.