Renault

Microcars Are the Smaller, Greener Future of Urban Commuting, Reports IDTechEx

Retrieved on: 
Friday, February 24, 2023
Kei, CPCA, Safety, Transport, NMC, Wuling Hongguang Mini EV, Renault, JAC Motors, Honda, EVS, Micro, Common, City, Chery, Mini, Electric two-wheeler sharing, SAIC Motor, Great Wall Motor, Original equipment manufacturer, Changan Automobile, EU, LFP, Microcar, A00, Rail transport, Citroën

BOSTON, Feb. 24, 2023 /PRNewswire/ -- There is a need to scrap the "highway-centric" model of urban development and prioritize the ease and convenience of local trips. Most car trips are short trips carrying just one person. Most of the energy is wasted on carrying the vehicle's own weight. Oversized vehicles are the root cause of urban congestion, pollution, waste of energy, material, and public space. As cities everywhere move toward a high-density, low-speed, low-impact model, it calls for a new type of personal vehicle to be created for people to get around conveniently. Microcars are one solution.

Key Points: 
  • Oversized vehicles are the root cause of urban congestion, pollution, waste of energy, material, and public space.
  • The IDTechEx report, " Micro EVs 2023-2043: Electric Two-Wheelers, Three-Wheelers, and Microcars ", benchmarks over 25 models of microcars from various countries on key metrics like motor power, battery capacity, and range.
  • IDTechEx sees microcars fitting in between electric cars and electric mopeds on the mobility spectrum.
  • The IDTechEx report includes microcars from various OEMs and startups, along with market shares for key regions.

Microcars Are the Smaller, Greener Future of Urban Commuting, Reports IDTechEx

Retrieved on: 
Friday, February 24, 2023
Kei, CPCA, Safety, Transport, NMC, Wuling Hongguang Mini EV, Renault, JAC Motors, Honda, EVS, Micro, Common, City, Chery, Mini, Electric two-wheeler sharing, SAIC Motor, Great Wall Motor, Original equipment manufacturer, Changan Automobile, EU, LFP, Microcar, A00, Rail transport, Citroën

BOSTON, Feb. 24, 2023 /PRNewswire/ -- There is a need to scrap the "highway-centric" model of urban development and prioritize the ease and convenience of local trips. Most car trips are short trips carrying just one person. Most of the energy is wasted on carrying the vehicle's own weight. Oversized vehicles are the root cause of urban congestion, pollution, waste of energy, material, and public space. As cities everywhere move toward a high-density, low-speed, low-impact model, it calls for a new type of personal vehicle to be created for people to get around conveniently. Microcars are one solution.

Key Points: 
  • Oversized vehicles are the root cause of urban congestion, pollution, waste of energy, material, and public space.
  • The IDTechEx report, " Micro EVs 2023-2043: Electric Two-Wheelers, Three-Wheelers, and Microcars ", benchmarks over 25 models of microcars from various countries on key metrics like motor power, battery capacity, and range.
  • IDTechEx sees microcars fitting in between electric cars and electric mopeds on the mobility spectrum.
  • The IDTechEx report includes microcars from various OEMs and startups, along with market shares for key regions.

Wejo Expands Partnership with Renault Group to Give Fleet Solution Providers and Fleet Managers Transformative Remote Asset and Activity Management Services

Retrieved on: 
Wednesday, February 22, 2023
Data Management, Automotive, General Automotive, Technology, Software, Fleet Management, Internet, Renault, Geographic Locator Codes, JT Group Limited, Fleet, Partnership, Pressure, Investment, Satellite navigation, Behavior, Smart mobility, FMS, Automotive industry, Wejo

The expanded partnership and integration with Easy Connect for Fleet Solutions represent the next step in Wejo’s entrance into the fleet management market - anticipated at $38 billion by 2024.

Key Points: 
  • The expanded partnership and integration with Easy Connect for Fleet Solutions represent the next step in Wejo’s entrance into the fleet management market - anticipated at $38 billion by 2024.
  • The data Wejo receives from the Renault Group Easy Connect for Fleets platform will come directly from participating fleet vehicles and be processed through Wejo’s ADEPT data processing and analytics platform.
  • “Our expanded partnership with Renault Group and further integration of fleet solution capabilities underpin Wejo’s rapid expansion in Europe,” said Benoit Joly, chief commercial officer at Wejo.
  • “Integrating with Renault Group Easy Connect for Fleets platform was a natural next step in our ongoing collaboration.

New Shareholding Structure for OCTO Group

Retrieved on: 
Wednesday, February 22, 2023
Insurance, Accident, Independent director, Artificial intelligence, Minister, Council, Investment, Renault, Acquisition, Vision Zero, Telecommunications, De Brauw Blackstone Westbroek, Presidency of the Council of Ministers (Italy), Pedigree, City, Fleet management, Heart, Machine learning, Cryptocurrency, Management, Mobile phone, Fintech, Octo Telematics

ROME, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Following the approval by the Italian Presidency of the Council of Ministers, Tennine AG, a newly formed Swiss-based company representing a group of European investors headed by OCTO Founder Fabio Sbianchi, has successfully finalized the acquisition of 48.55% of the OCTO Group shares previously owned by Nes Investments.

Key Points: 
  • A group of investors led by OCTO founder Fabio Sbianchi acquires the entire stake of Nes Investments.
  • Sbianchi appointed Chairman of OCTO Group with Independent Directors Paul Cronheim, Massimo Michaud and Edmondo Pietranera joining the Board of Directors.
  • ROME, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Following the approval by the Italian Presidency of the Council of Ministers, Tennine AG, a newly formed Swiss-based company representing a group of European investors headed by OCTO Founder Fabio Sbianchi, has successfully finalized the acquisition of 48.55% of the OCTO Group shares previously owned by Nes Investments.
  • Fabio Sbianchi now owns, directly or indirectly through Tennine AG and his previous investments, a combined stake of 23.5% in Octo Telematics.

Otonomo Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, February 15, 2023
Software as a service, Renault, Insurance, CFO, Revenue stream, Investment, Human, Acquisition, Microsoft, SAP, OEM, GAAP, Salesforce, Ecosystem, Eastern, Privacy, Quarter, BMW, Partnership, SAN, Michelin, Video game, Arms industry, Cryptocurrency, Bank, Eastern Time Zone, Iteris

Fourth Quarter and Full Year 2022 Financial Results:

Key Points: 
  • Fourth Quarter and Full Year 2022 Financial Results:
    Revenue for the fourth quarter 2022 was $2.1 million compared to $1.1 million for the fourth quarter 2021.
  • GAAP operating loss for the fourth quarter 2022 was $17.2 million including restructuring costs of $2.2 million and transaction costs of $1.9 million, compared to $16.2 million for the fourth quarter 2021.
  • Non-GAAP operating loss* for the fourth quarter 2022 was $13.8 million compared to non-GAAP operating loss of $14.0 million for the fourth quarter 2021.
  • * For a definition of non-GAAP operating loss and a reconciliation of such non-GAAP financial measure to the most directly comparable GAAP financial measure, please see “Use of non-GAAP Financial Information” and “Reconciliation of GAAP to non-GAAP Financial Information.”
    Fourth Quarter and Full Year 2022 Business Highlights:
    Revenue for the fourth quarter 2022 grew by 6% quarter over quarter.

Stephens Announces Partnership With Williams Racing

Retrieved on: 
Monday, February 6, 2023
Professional Services, Sports, Motor Sports, Finance, Consulting, Banking, Renault, Williams, Formula One, Constructor, FIA, Cosworth, Sale, Honda, Marketing, Partnership, F1, History, Driver

Stephens’ multi-year partnership with Williams Racing is a significant marketing alliance as the full-service financial services firm grows its offering across the U.S. and Europe.

Key Points: 
  • Stephens’ multi-year partnership with Williams Racing is a significant marketing alliance as the full-service financial services firm grows its offering across the U.S. and Europe.
  • “Stephens is proud to be a sponsor of Williams Racing.
  • Williams Racing Commercial Director James Bower continued: “We’re thrilled to welcome Stephens to the Williams Racing family.
  • That coincides with a transformative era for Williams Racing and we are delighted that Stephens has joined our journey.”

Dassault Systèmes Developed a New Data Science Solution to Allow Renault Group to Optimize Vehicle Costs

Retrieved on: 
Thursday, February 2, 2023
Software, Electronic Design Automation, Automotive, Data Management, Technology, Automotive Manufacturing, General Automotive, Manufacturing, Renault, PLM, Climate change, Euronext Paris, Dassault Group, Artificial intelligence, Engineering, Intelligence, Transport, Machine learning, 3D, Mobile industrial robots, Product lifecycle, 3D printing, Cryptocurrency

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Renault Group is leveraging the data science capabilities of Dassault Systèmes’ 3DEXPERIENCE platform to understand the increase of raw material prices and model the most relevant optimization scenarios to reduce the impact on vehicle production costs.

Key Points: 
  • Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Renault Group is leveraging the data science capabilities of Dassault Systèmes’ 3DEXPERIENCE platform to understand the increase of raw material prices and model the most relevant optimization scenarios to reduce the impact on vehicle production costs.
  • Access to data-driven, actionable insights that are projected on the virtual twin of a vehicle offers them innovative ways to balance vehicle design with business.
  • “Our cost intelligence solution with NETVIBES artificial intelligence has allowed Renault to connect its data across the entreprise in less than six months.
  • Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

Electric Vehicle & Powertrain Services and Features 2022: European Customer Survey to Assess EV Drivers, Attributes, and Charging Infrastructure - ResearchAndMarkets.com

Retrieved on: 
Monday, January 30, 2023
EV, Electric Vehicles, Automotive, Alternative Vehicles, Fuels, Renault, Human voice, Bev, Future, ICES, OEM, Gen, BEV, BMW, EVS, COVID-19, ICE, PHEV, Mobile phone, Road

The "Voice of the Customer: Electric Vehicle & Powertrain Services and Features, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Voice of the Customer: Electric Vehicle & Powertrain Services and Features, 2022" report has been added to ResearchAndMarkets.com's offering.
  • Frost & Sullivan assessed new customer attitudes and preferences for alternative vehicles and powertrains by vehicle segment and key demographics.
  • The publisher carried out more than 2100 interviews among potential customers of vehicles in the EU5 region.
  • - PHEV Buyers Expect More Than a 100-kilometer EV Range, Fast Charging Within 1 Hour, and Home Charging Capabilities

ADAS Market worth $65.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 20, 2023
Renault, Automation, Accident, BlackBerry, Deep learning, Original equipment manufacturer, LDW, BYD, Bev, Tesla Model 3, ACC, Mercedes, Volkswagen Group China, LCW, Safety, Altima, Algorithm, ADAS, Software, BEV, SAIC Motor, IPA, Lidar, Wuling Hongguang Mini EV, Tesla, AEB, SUV, Volkswagen Group, Radar, Écu, European Automobile Manufacturers Association, BMW, Nissan Leaf, EVS, EV, QNX, Automotive industry, Hyundai, Growth, DMS, ACEA, Renesas Electronics, Mercedes-Benz, Ford, GM, Stellantis, Nissan, European

Tesla is a bestseller in North America and Europe, whereas Wuling HongGuang Mini EV is a low-cost EV popular in China.

Key Points: 
  • Tesla is a bestseller in North America and Europe, whereas Wuling HongGuang Mini EV is a low-cost EV popular in China.
  • BEV models such as Tesla Model X offer autopilot ADAS features, including adaptive cruise control, auto park, and lane departure warning systems.
  • OEMs such as Nissan, BMW, Mercedes Benz, Ford, GM, and others provide ADAS features across their premium models.
  • Increasing demand for accurate and faster object recognition will be a major growth driver for the software segment of the ADAS market.

ADAS Market worth $65.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 20, 2023
Renault, Automation, Accident, BlackBerry, Deep learning, Original equipment manufacturer, LDW, BYD, Bev, Tesla Model 3, ACC, Mercedes, Volkswagen Group China, LCW, Safety, Altima, Algorithm, ADAS, Software, BEV, SAIC Motor, IPA, Lidar, Wuling Hongguang Mini EV, Tesla, AEB, SUV, Volkswagen Group, Radar, Écu, European Automobile Manufacturers Association, BMW, Nissan Leaf, EVS, EV, QNX, Automotive industry, Hyundai, Growth, DMS, ACEA, Renesas Electronics, Mercedes-Benz, Ford, GM, Stellantis, Nissan, European

Tesla is a bestseller in North America and Europe, whereas Wuling HongGuang Mini EV is a low-cost EV popular in China.

Key Points: 
  • Tesla is a bestseller in North America and Europe, whereas Wuling HongGuang Mini EV is a low-cost EV popular in China.
  • BEV models such as Tesla Model X offer autopilot ADAS features, including adaptive cruise control, auto park, and lane departure warning systems.
  • OEMs such as Nissan, BMW, Mercedes Benz, Ford, GM, and others provide ADAS features across their premium models.
  • Increasing demand for accurate and faster object recognition will be a major growth driver for the software segment of the ADAS market.