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IDTechEx Forecasts Software-Defined Vehicles Market to Be Worth Over US$700bn by 2034

Retrieved on:

Monday, January 8, 2024

By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .

Key Points:

By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .
To create a way of comparing existing and future vehicles, IDTechEx has condensed their understanding into an SDV Level Guide, which compares vehicles' software and software-critical hardware.
For other detailed Connected Vehicle forecasts, please refer to the new IDTechEx report, " Connected and Software-Defined Vehicles 2024-2034: Markets, Forecasts, Technologies ".
Drawing from this research, IDTechEx forecasts a 35% CAGR in automotive software-related revenue by 2034, with software-related revenue worth more than US$700 billion annually (US, 2023 prices) by 2034.

IDTechEx Forecasts Software-Defined Vehicles Market to Be Worth Over US$700bn by 2034

Retrieved on:

Monday, January 8, 2024

By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .

Key Points:

By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .
To create a way of comparing existing and future vehicles, IDTechEx has condensed their understanding into an SDV Level Guide, which compares vehicles' software and software-critical hardware.
For other detailed Connected Vehicle forecasts, please refer to the new IDTechEx report, " Connected and Software-Defined Vehicles 2024-2034: Markets, Forecasts, Technologies ".
Drawing from this research, IDTechEx forecasts a 35% CAGR in automotive software-related revenue by 2034, with software-related revenue worth more than US$700 billion annually (US, 2023 prices) by 2034.

Continental’s Radar Vision Parking Named CES® 2024 Innovation Award Honoree

Retrieved on:

Thursday, November 16, 2023

Continental’s Radar Vision Parking was named as a CES 2024 Innovation Award Honoree under the product category Vehicle Tech & Advanced Mobility.

Key Points:

Continental’s Radar Vision Parking was named as a CES 2024 Innovation Award Honoree under the product category Vehicle Tech & Advanced Mobility.
Early parking spot detection, for example, lets users park in a single stroke without driving past the spot.
The Radar Vision Parking solution is not only a substitute for ultrasonic sensors, which are typically used for parking, but also provides better design and performance – while meeting the New Car Assessment Program’s (NCAP) safety requirements.
View the full release here: https://www.businesswire.com/news/home/20231116231673/en/
Continental’s Radar Vision Parking makes it possible to reduce parking garage accidents and can be used in existing parking facilities.

NXP and Zendar Inc. Accelerate the Development of High-Resolution Radar

Retrieved on:

Thursday, November 2, 2023

The investment aims to accelerate and improve high-resolution radar solutions for autonomous driving (AD) and advanced driver assistance systems (ADAS) to complement NXP’s leading scalable radar portfolio.

Key Points:

The investment aims to accelerate and improve high-resolution radar solutions for autonomous driving (AD) and advanced driver assistance systems (ADAS) to complement NXP’s leading scalable radar portfolio.
NXP and Zendar will collaborate on enhanced high-resolution radar systems for automotive applications by leveraging Distributed Aperture Radar (DAR), a technology developed by Zendar that allows a simplified system solution approach.
The scalable suite of sensing solutions covers car OEMs’ ever-diversifying use cases and architectures, from corner radar to high-resolution 4D imaging radar.
For more information about Distributed Aperture Radar (DAR) solution, join us at NXP Tech Days Detroit, November 7 - 8.

OMNIVISION Adds Two New Products to Its Broad Family of Global Shutter Sensors for Automotive In-Cabin Applications

Retrieved on:

Monday, June 19, 2023

View the full release here: https://www.businesswire.com/news/home/20230619176158/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230619176158/en/
OX02C1S and OX01H1B Automotive Global Shutter Sensors (Graphic: Business Wire)
“As the automotive industry rapidly mandates advanced in-cabin sensing applications to increase driver and passenger safety, OMNIVISION is expanding its product portfolio to provide automotive OEMs with more options and flexibility in their designs,” said Paul Wu, automotive product marketing manager, OMNIVISION.
Both utilize OmniPixel®4-GS technology which enables simultaneous image detection in all pixels to accurately reproduce rapid motion without any deformation.
The OX02C1S sensor features 2.5MP resolution in a 1/3.55-inch optical format, while the OX01H1B features 1.5MP resolution in a 1/4.51-inch optical format.
For more information, contact your OMNIVISION sales representative: www.ovt.com/contact-sales .

All-Electric Fisker Ocean Extreme Achieves EPA Range of 360 Miles, the Longest of Any New Electric SUV Under $200,000 Sold in the United States Today

Retrieved on:

Thursday, June 1, 2023

The EPA values confirm that the Fisker Ocean Extreme, including the limited edition Fisker Ocean One, has the longest range of any new electric SUV under $200,000 sold in the United States today.

Key Points:

The EPA values confirm that the Fisker Ocean Extreme, including the limited edition Fisker Ocean One, has the longest range of any new electric SUV under $200,000 sold in the United States today.
This news follows the Fisker Ocean Extreme’s recent European WLTP certification of 707 km / 440 UK mile range on standard 20” wheels and tires, which is the longest range of any electric SUV sold in Europe today.
The EPA values confirm that the Fisker Ocean Extreme, including the limited edition Fisker Ocean One, has the longest range of any new electric SUV under $200,000 sold in the United States today.
The Fisker Ocean also recently won the 2023 Red Dot Product Design Award for Best Electric Vehicle.

Humanetics Rolls out New Customer Service Centers of Excellence Across Europe

Retrieved on:

Wednesday, May 24, 2023

As part of Humanetics’ commitment to deliver the best customer service, and to integrate its expertise across its global network, today the company announced the formation of four customer service hubs in Europe.

Key Points:

As part of Humanetics’ commitment to deliver the best customer service, and to integrate its expertise across its global network, today the company announced the formation of four customer service hubs in Europe.
The Instrumentation and Calibration center of excellence is based in the mg-sensor facility in Rheinmünster to utilize their calibration expertise as well as their excellent and accredited customer service processes.
Mark Westen, President of Humanetics Safety, commented: “This exciting development is a commitment to develop our customer service to new levels.
Our four centers of excellence will enable us to deliver a seamless and higher quality of service across our network.”

Fisker Completes All Applicable FMVSS Testing for Fisker Ocean SUV; Company Awaiting Official EPA Certification for US Range

Retrieved on:

Thursday, April 6, 2023

View the full release here: https://www.businesswire.com/news/home/20230406005214/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230406005214/en/
Fisker completes all applicable FMVSS testing for Fisker Ocean SUV.
Company awaiting official EPA certification for U.S. range.
"An official five-star rating will now be possible should NHTSA select a Fisker Ocean for testing."
The carmaker is pursuing an official Certificate of Conformity (CoC) with the Environmental Protection Agency (EPA) to validate the Fisker Ocean Extreme range.

Leading the Trend of Pickup Trucks, a New GWM PICKUP Model debuts in the Middle East

Retrieved on:

Monday, March 20, 2023

Online, Growth, GWM, New Car Assessment Program, ANCAP, Conference, Arms industry, Online shopping, Cargo, Pickup

GWM officially launched its new global pickup model POER KINGKONG in the Middle East market.

Key Points:

GWM officially launched its new global pickup model POER KINGKONG in the Middle East market.
At the press conference, the person in charge of the Middle East market of GWM detailed the global development achievements and highlights of GWM PICKUP to local media and guests.
POER KINGKONG, as the latest global model of GWM PICKUP, debuted in Saudi Arabia.
To meet the differentiated needs of different markets around the world, GWM has launched multiple models of Pickup, such as GWM POER, POER KINGKONG, and POER SHANHAI.

Leading the Trend of Pickup Trucks, a New GWM PICKUP Model debuts in the Middle East

Retrieved on:

Monday, March 20, 2023

Online, New Car Assessment Program, Multimedia, GWM, ANCAP, Growth, Conference, Arms industry, Online shopping, Cargo, Pickup

GWM officially launched its new global pickup model POER KINGKONG in the Middle East market.

Key Points:

GWM officially launched its new global pickup model POER KINGKONG in the Middle East market.
At the press conference, the person in charge of the Middle East market of GWM detailed the global development achievements and highlights of GWM PICKUP to local media and guests.
POER KINGKONG, as the latest global model of GWM PICKUP, debuted in Saudi Arabia.
To meet the differentiated needs of different markets around the world, GWM has launched multiple models of Pickup, such as GWM POER, POER KINGKONG, and POER SHANHAI.