General Automotive

Immersion Corporation Announces Management Changes

Retrieved on: 
Tuesday, January 3, 2023

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported management changes, a special cash dividend and a new stock repurchase program.

Key Points: 
  • Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported management changes, a special cash dividend and a new stock repurchase program.
  • Francis Jose will return to the role of General Counsel and oversee the Company’s ongoing intellectual property licensing efforts.
  • In addition, Immersion’s Board of Directors approved a new stock repurchase program of up to $50.0 million for 2023.
  • The stock repurchase program allows for the repurchase of up to $50 million of Immersion common stock for a period of up to 12 months.

Paving the way for autonomous trucks: Continental presents modular multi-sensor solution

Retrieved on: 
Tuesday, January 3, 2023

The Continental Sensor Array provides an answer to the growing number of intelligent and automated driving systems in commercial vehicles.

Key Points: 
  • The Continental Sensor Array provides an answer to the growing number of intelligent and automated driving systems in commercial vehicles.
  • View the full release here: https://www.businesswire.com/news/home/20230103005146/en/
    Holistic environmental perception: At CES 2023, Continental is presenting a modular multi-sensor solution for commercial vehicles to unlock the safe mobility of tomorrow.
  • In Continental’s comprehensive Sensor Array solution, all integrated sensors – lidar, radar, cameras – are pre-calibrated and coordinated with each other.
  • "The Continental Sensor Array offers a tailor-made system solution approach for commercial vehicles," said Vinh Tran, head of the Autonomous Mobility Business Area, Continental North America.

Amazon Music and Fraunhofer Are “Driving Immersive Sound” With 360 Reality Audio In-Car Streaming at CES 2023

Retrieved on: 
Tuesday, January 3, 2023

Fraunhofer IIS, primary developer of the MPEG-H 3D Audio standard, and Amazon Music, the premium audio entertainment service, will demonstrate together at CES 2023 how immersive and authentic 360 Reality Audio music can sound in a vehicle.

Key Points: 
  • Fraunhofer IIS, primary developer of the MPEG-H 3D Audio standard, and Amazon Music, the premium audio entertainment service, will demonstrate together at CES 2023 how immersive and authentic 360 Reality Audio music can sound in a vehicle.
  • Several well-established services including Amazon Music offer an immersive audio experience powered by 360 Reality Audio, which is based on the MPEG-H Audio standard, to mobile and living room devices already.
  • The 360 Reality Audio music format based on MPEG-H 3D Audio offers a new music ecosystem utilizing Sony’s object-based 360 Spatial Sound technology.
  • 360 Reality Audio music services are available from multiple streaming service providers worldwide, including Amazon Music.

New Qi2 Standard for Wireless Devices Ensures Enhanced Consumer Convenience and Efficiency

Retrieved on: 
Tuesday, January 3, 2023

The Wireless Power Consortium (WPC) will introduce a new wireless charging standard to unify the industry under one global standard and provide enhanced convenience and efficiency for mobile devices and wearables.

Key Points: 
  • The Wireless Power Consortium (WPC) will introduce a new wireless charging standard to unify the industry under one global standard and provide enhanced convenience and efficiency for mobile devices and wearables.
  • The Qi2 standard will be introduced later this year by the global consortium and will offer millions of consumers who rely on wireless charging a better user experience.
  • The WPC is a global body dedicated to the creation of standards to ensure safe, efficient, and interoperable wireless charging and wireless power.
  • Qi2 will be the global standard for wireless charging and provide consumers and retailers with that assurance.”
    WPC member, Apple®, provided the basis for the new Qi2 standard building on its MagSafe® technology.

Cepton Unveils World’s Slimmest, Software Definable Top-end Lidar, the Vista®-X120 Plus

Retrieved on: 
Tuesday, January 3, 2023

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions , announced today the unveiling of its groundbreaking new lidar, the Vista®-X120 Plus .

Key Points: 
  • Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions , announced today the unveiling of its groundbreaking new lidar, the Vista®-X120 Plus .
  • View the full release here: https://www.businesswire.com/news/home/20230103005032/en/
    The Vista-X120 Plus is the world’s slimmest software definable, top-end automotive lidar for real-time adaptive 3D perception.
  • Attendees interested in a live demonstration and/or learning more about Cepton are encouraged to submit a meeting request form .
  • Featuring a software definable region of interest (ROI), the Vista-X120 Plus enables higher dynamic perception capabilities.

Tesla Announces Date for 2023 Investor Day

Retrieved on: 
Monday, January 2, 2023

We plan to host Tesla's 2023 Investor Day on March 1, 2023.

Key Points: 
  • We plan to host Tesla's 2023 Investor Day on March 1, 2023.
  • The event will be live streamed from our Gigafactory Texas, with the option for some of our institutional and retail investors to attend in person (details to follow).
  • Our investors will be able to see our most advanced production line as well as discuss long term expansion plans, generation 3 platform, capital allocation and other subjects with our leadership team.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20230102005084/en/

Indy Autonomous Challenge Announces Premier Sponsors Ahead of CES 2023 Head-to-Head Autonomous Racing Competition

Retrieved on: 
Monday, January 2, 2023

The Indy Autonomous Challenge (IAC) today announced that ASPIRE, Cisco, and Luminar will serve as premier sponsors of the Autonomous Challenge @ CES at the Las Vegas Motor Speedway.

Key Points: 
  • The Indy Autonomous Challenge (IAC) today announced that ASPIRE, Cisco, and Luminar will serve as premier sponsors of the Autonomous Challenge @ CES at the Las Vegas Motor Speedway.
  • Scheduled for January 7 during CES 2023 , the Autonomous Challenge @ CES returns to Las Vegas featuring nine teams seeking to break autonomous racing records.
  • “The support of our premier sponsors – Aspire, Cisco, and Luminar – helps us to define the future of autonomous technology, which will impact nearly every major industry around the world,” said Paul Mitchell, president, Indy Autonomous Challenge.
  • The Indy Autonomous Challenge will have a strong presence throughout CES 2023, including:

SOSLAB to Unveil 3D Solid-State LiDAR 'ML-X' Installed in Automotive Lamps at CES 2023

Retrieved on: 
Monday, January 2, 2023

SOSLAB (CEO: Ji Seong Jeong) announced today the release of its next-generation 3D solid-state LiDAR ‘ML-X’ for automotive lamps at the CES 2023 to be held in Las Vegas from January 5 to 8.

Key Points: 
  • SOSLAB (CEO: Ji Seong Jeong) announced today the release of its next-generation 3D solid-state LiDAR ‘ML-X’ for automotive lamps at the CES 2023 to be held in Las Vegas from January 5 to 8.
  • SOSLAB will showcase exuberant LiDAR data to the audience by conducting an on-the-spot live demonstration after installing ML-X in front and rear lamps of a vehicle at its booth in CES 2023.
  • At the CES 2023, SOSLAB will provide an event zone where visitors can have first-hand experience on LiDAR.
  • Also, SOSLAB will show and demonstrate the driving of a vehicle that installed LiDAR in its rear lamps.

XPENG Announces Vehicle Delivery Results for December and Fourth Quarter 2022

Retrieved on: 
Sunday, January 1, 2023

XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for December 2022 and the fourth quarter 2022.

Key Points: 
  • XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for December 2022 and the fourth quarter 2022.
  • XPENG delivered 11,292 Smart EVs to customers in December 2022, representing a 94% increase over November 2022.
  • Total vehicle deliveries for the fourth quarter 2022 reached 22,204.
  • As of December 31, 2022, year-to-date deliveries were 120,757, representing a 23% increase year-over-year.

Pony.ai Approved to Deploy Fully Driverless L4 Autonomous Vehicles in Beijing

Retrieved on: 
Friday, December 30, 2022

Pony.ai, a leading global autonomous driving technology company, announced that it has been issued a fully driverless autonomous vehicle road test permit by the Beijing Intelligent Connected Vehicle Policy Pilot Zone.

Key Points: 
  • Pony.ai, a leading global autonomous driving technology company, announced that it has been issued a fully driverless autonomous vehicle road test permit by the Beijing Intelligent Connected Vehicle Policy Pilot Zone.
  • The autonomous vehicles will be tested without anyone in the vehicle; a safety officer will monitor the test vehicles remotely.
  • View the full release here: https://www.businesswire.com/news/home/20221230005186/en/
    Pony.ai robotaxi in Beijing (Photo: Business Wire)
    In addition to receiving the driverless permit in Beijing, Pony.ai is also currently testing fully driverless vehicles in Guangzhou, laying the groundwork for future driverless applications and commercial operations.
  • The issuance of this permit represents that autonomous testing in Beijing has entered the third stage of "fully driverless".