Automotive

Hybrid Truck Market Global Market Report 2024: Last-Mile Delivery Solutions and Regulatory Support and Emission Standards Shaping the Landscape - Long-term Forecast to 2028 and 2033 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024
Alternative Vehicles, Fuels, Automotive Manufacturing, Manufacturing, Automotive, EV, Electric Vehicles, Growth, Public, Light, Transport, Ford, Carbon, City, EPA, Ranger, Ford EcoBoost engine, Ideanomics, Office for National Statistics, Government, Model, Renewable energy

The "Hybrid Truck Market Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hybrid Truck Market Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
  • Asia-Pacific is expected to be the fastest-growing region in the global hybrid truck market during the forecast period.
  • The regions covered in the hybrid truck market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
  • The countries covered in the hybrid truck market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Global Partners LP Completes Acquisition of Four Liquid Energy Terminals from Gulf Oil

Retrieved on: 
Tuesday, April 9, 2024
Retail, Automotive, Convenience Store, Oil, Gas, Energy, Alternative Vehicles, Fuels, Gasoline, Ethanol, Partnership, Revere, Global Partners, Gulf Oil LP, Slifka, Partner, Acquisition, Risk management

Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) announced today the successful closing of its acquisition of four liquid energy terminals from Gulf Oil Limited Partnership (“Gulf Oil”).

Key Points: 
  • Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) announced today the successful closing of its acquisition of four liquid energy terminals from Gulf Oil Limited Partnership (“Gulf Oil”).
  • The terminals are strategically located in Chelsea, MA, New Haven, CT, Linden, NJ, and Woodbury, NJ, and will further enhance Global’s position in the energy economy of the Northeast.
  • With a combined shell capacity of approximately 3.0 million barrels, these terminals expand Global’s ability to store and distribute gasoline, distillates, and ethanol.
  • Slifka continued, “We are happy to finalize this acquisition and welcome these terminals into our growing network.

TrustPoint Announces AFWERX Phase II Contract Award

Retrieved on: 
Tuesday, April 9, 2024
Telecommunications, Other Defense, General Automotive, Contracts, Hardware, Semiconductor, Government Technology, Security, Technology, Satellite, Military, Professional Services, Logistics, Supply Chain Management, Drones, Mobile, Wireless, Defense, IOT (Internet of Things), Small Business, Homeland Security, Aerospace, Other Transport, Manufacturing, Public Policy, Government, Maritime, Air, Automotive, Transport, Autonomous Driving, Vehicles, Transfer, Unitary state, PNT, SBIR, STTR, Policy, GPS, Small business, Small Business Innovation Research, AFWERX, Air force, Air Force Research Laboratory, DAF, Management

TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).

Key Points: 
  • TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).
  • The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution.
  • "This program marks the next phase of investment by the U.S. Government into TrustPoint's suite of advanced PNT applications, which go well beyond the historic purpose of simply deriving a position from GPS signals," said TrustPoint CEO and Founder, Patrick Shannon.
  • "We are excited by the DoD's support and shared vision for the future of commercial space-based PNT."

MIPS Continues To Expand With The Addition Of Industry Leaders from NVIDIA, Google and SiFive

Retrieved on: 
Tuesday, April 9, 2024
Data Management, Semiconductor, Automotive, Other Automotive, Technology, Networks, Hardware, Freedom, Conference, Intel, Communication, Computer, Samsung Electronics, Software, Senior, Texas Instruments, IP, SiFive, Software engineering, Motorola, Manav, NVIDIA, Automotive industry, Data, HQ

“I am joining the MIPS team at a critical time when the company, AI-compute and RISC-V adoption are growing tremendously,” said Srivasatava.

Key Points: 
  • “I am joining the MIPS team at a critical time when the company, AI-compute and RISC-V adoption are growing tremendously,” said Srivasatava.
  • Additionally, Mr. Mediratta will also serve as the site manager and leader of MIPS’ Software Center of Excellence located in Bengaluru.
  • Prior to SiFive, Mr. Ullah held technical and product management roles for companies including Samsung Electronics, Freescale-NXP and Motorola.
  • If you would like to learn more about MIPS, please visit the company’s website at https://mips.com/ .

Aeva Expands in Europe with New Automotive Center of Excellence in Germany

Retrieved on: 
Tuesday, April 9, 2024
Technology, General Automotive, Engineering, Robotics, Automotive Manufacturing, Manufacturing, Apps, Applications, Automotive, Vehicle Technology, Autonomous Driving, Vehicles, Other Technology, Software, Other Automotive, Hardware, Research, Original equipment manufacturer, ATG, COE, Perception, Head, Daimler Truck, Senior, Silicon, OEM, Torc Robotics, FMCW, Multimedia, Mercedes-Benz, Automotive industry

Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that it is expanding its presence in Europe with a new Automotive Center of Excellence (COE) in Germany to support its growing momentum with automotive OEM customers.

Key Points: 
  • Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that it is expanding its presence in Europe with a new Automotive Center of Excellence (COE) in Germany to support its growing momentum with automotive OEM customers.
  • Additionally, autonomous vehicle industry expert Axel Gern has joined the company as Head of Engineering in Germany and will lead the COE.
  • View the full release here: https://www.businesswire.com/news/home/20240409158765/en/
    The COE was created in response to growing interest from the automotive market in Aeva’s unique Frequency Modulated Continuous Wave (FMCW) technology.
  • “He will play a key role in building Aeva’s engineering team in Europe and leading our Automotive Center of Excellence as we ramp up to support our production win with Daimler Truck and support the growing interest and engagements with automotive customers globally.”

Platform Science Raises $125 Million in Growth Capital

Retrieved on: 
Tuesday, April 9, 2024
Hardware, Technology, Apps, Applications, Other Transport, Trucking, Fleet Management, General Automotive, Transport, Aftermarket, Automotive, Software, Logistics, Supply Chain Management, Networks, Vehicle Technology, Mobile, Wireless, MSD, Growth, Original equipment manufacturer, BDT, PACCAR, Daimler Truck North America, Daimler Truck, Testament, Werner Enterprises, GDP, Ecosystem, API

Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.

Key Points: 
  • Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.
  • Platform Science also had strong participation from existing investors, including 8VC, NewRoad Capital Partners, and Prologis Ventures, underscoring their commitment to the company’s growth plans.
  • By doing so, we expect innovation to change transportation in the same way smartphones have changed our lives,” said Platform Science co-founder and CEO Jack Kennedy.
  • We look for opportunities that are driving impact at scale, and Platform Science is doing exactly this.

Holley Ordered to Disgorge $2 Million in Ill-Gotten Profits

Retrieved on: 
Tuesday, April 9, 2024
Legal, Aftermarket, Automotive, Finance, General Automotive, Banking, Professional Services, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Warren, Michigan, District court, Vexatious litigation, Dykema Gossett, Motion, Judgement, Holley Performance Products, Settlement, Court, HP

“Proform”) that started 24 years ago when Holley filed suit against Specialty, alleging that Specialty had misappropriated the “trade dress” of Holley’s carburetor main bodies.

Key Points: 
  • “Proform”) that started 24 years ago when Holley filed suit against Specialty, alleging that Specialty had misappropriated the “trade dress” of Holley’s carburetor main bodies.
  • So in 2012 Specialty filed a summary enforcement motion suit claiming that Holley was failing to comply with the Settlement Agreement.
  • In 2017 Specialty filed its breach of contract lawsuit against Holley for violating the Settlement Agreement, arguing that it was entitled to disgorgement of the $2,028,264.19 in net profit reaped by Holley.
  • Specialty prevailed in this lawsuit, and the court entered summary judgment in favor of Specialty and against Holley.

Carrar Raises $5.3 Million to Deliver Commercial Battery Modules for Electric Vehicles that Triple Battery Lifetime

Retrieved on: 
Tuesday, April 9, 2024
Automotive, Other Automotive, EV, Electric Vehicles, Technology, Batteries, Manufacturing, Other Manufacturing, Temperature, Hamas, Bosch, Longevity, OurCrowd, EVS, Perseverance, Safety, Multimedia, Weather

Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.

Key Points: 
  • Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.
  • View the full release here: https://www.businesswire.com/news/home/20240409037388/en/
    Carrar commercial electric vehicle battery module (Photo: Carrar)
    The round included new investors Salida B.V., OurCrowd, and NextGear, and current investors Gentherm, Next Leap Ventures, Dive Digital, and others.
  • Carrar is transforming e-mobility with battery modules and thermal management systems that dissipate twice the amount of heat of existing solutions, increasing battery lifespan three-fold.
  • Carrar also improves EV safety by preventing the temperature spirals caused by battery exothermic processes, which lead to thermal runaway and battery fire.

Faraday Future Continues Progress in the Middle East Market with Establishment of a Middle East Sales Entity

Retrieved on: 
Tuesday, April 9, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Vehicle Technology, Automotive, Automotive Manufacturing, Software, Manufacturing, Internet, Artificial Intelligence, Faraday Future, FF, Multimedia, Marketing, Appetite, Retail

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.
  • View the full release here: https://www.businesswire.com/news/home/20240409031919/en/
    Tin Mok, Executive Director and Global Executive Vice President of User Ecosystem at Faraday Future, presents the trade license of FF's Middle East sales entity.
  • Moreover, the Company continues to engage with potential partners in the Middle East to explore opportunities, including strategic financing, business development, and sales and marketing.
  • “The establishment of a sales entity marks a pivotal moment in FF’s journey as we seek to extend our footprint into the Middle East,” said Matthias Aydt, Global CEO of FF.

Global and China Automotive DMS/OMS (Driver/Occupant Monitoring System) Research Report, 2023-2024 Featuring 14 Foreign Cabin Sensing System Suppliers and 14 Chinese Cabin Sensing Suppliers - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024
Vehicle Technology, Automotive, Sentinel, UWB, NIO, BYD, TBOX, Original equipment manufacturer, Vital signs, HARMAN, Chang'an, Smell, Perception, ADAS, Policy, Child, OMS, Human, AEB, Research report, Tesla Model Y, SCSS, Radar, DMS, HD, Fatigue, Instrumentation

In-cabin Monitoring study: installation rate increases by 81.3% in first ten months of 2023, what are the driving factors?

Key Points: 
  • In-cabin Monitoring study: installation rate increases by 81.3% in first ten months of 2023, what are the driving factors?
  • The publisher released 'Automotive DMS/OMS (Driver/Occupant Monitoring System) Research Report, 2023-2024 ', mainly combing DMS, OMS-based in-cabin monitoring system market status, in-cabin monitoring solutions of main models, domestic and foreign monitoring system suppliers, industry chain suppliers, etc., and development trend of in-cabin monitoring.
  • From January to October 2023, the installation of passenger car in-cabin monitoring systems in China increased by 81.3% year-on-year.
  • The in-cabin monitoring system, as the key ring of human-vehicle interaction, is being integrated with other multi-modal interactions such as voice/gesture/biometrics/smell in the cockpit.