Euro NCAP

AI Stocks - Another Application to Watch; Transforming the Future of Transportation Safety

Retrieved on: 
Monday, March 4, 2024

The Artificial Intelligence (AI) revolution is impacting all sectors, and transportation has not been left out.

Key Points: 
  • The Artificial Intelligence (AI) revolution is impacting all sectors, and transportation has not been left out.
  • "AI is revolutionizing the transportation industry in many ways, and its impact on safety is significant.
  • This signifies a significant step forward in Rail Vision's commitment to advancing rail safety and efficiency through cutting-edge technologies.
  • Metropolis members can gain early access to NVIDIA platform updates to enhance their AI application development efforts.

IDTechEx Discusses New Trends: Radar Modules and ToF Cameras for In-Cabin Sensing

Retrieved on: 
Thursday, February 22, 2024

An additional limitation of 3D ToF cameras is that, unlike in-cabin radar modules, they are unable to detect people or objects through obstacles.

Key Points: 
  • An additional limitation of 3D ToF cameras is that, unlike in-cabin radar modules, they are unable to detect people or objects through obstacles.
  • As of now, 3D ToF cameras are more well-adopted for OMS and have advanced features compared with radar modules.
  • However, by comparing the costs and functions of radar modules and 3D ToF cameras, IDTechEx believes there are potential opportunities for radar modules.
  • 3D ToF cameras are adopted in Li Auto L9, BMW iX, and the new ARCFOX αS series, whereas radar modules are expecting adoption in Tesla and Volvo.

Ficosa and indie Semiconductor Partner on AI-based Automotive Camera Solutions for Enhanced Safety

Retrieved on: 
Thursday, January 4, 2024

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, and Ficosa, a leading global company dedicated to the research, development, production, and marketing of advanced vision, safety and efficiency solutions for the automotive industry, have executed a collaboration agreement to develop and commercialize automotive camera solutions deploying neural network-based (NN) artificial intelligence (AI) processing.

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, and Ficosa, a leading global company dedicated to the research, development, production, and marketing of advanced vision, safety and efficiency solutions for the automotive industry, have executed a collaboration agreement to develop and commercialize automotive camera solutions deploying neural network-based (NN) artificial intelligence (AI) processing.
  • View the full release here: https://www.businesswire.com/news/home/20240104757553/en/
    Ficosa and indie Partner on AI-based Automotive Camera Solutions for Enhanced Safety (Graphic: Business Wire)
    The partnership will leverage Ficosa’s near decade-long expertise as a high-volume vision solution supplier, and indie’s field-proven, proprietary vision processing technology to deliver breakthrough imaging and in-camera object detection performance, particularly for challenging edge sensing applications.
  • The companies intend to sample the first smart camera solutions employing their combined technologies in 2024, and expect to ramp into volume production by 2025.
  • As a result, Ficosa and indie are well positioned to capitalize on the rapid proliferation of smart cameras solutions around the vehicle.”

XPENG G9 Achieves a Five-Star 2023 Safety Rating from Euro NCAP

Retrieved on: 
Wednesday, December 6, 2023

The new XPENG G9, now on sale in Europe, received a five-star 2023 safety rating from Euro NCAP

Key Points: 
  • The new XPENG G9, now on sale in Europe, received a five-star 2023 safety rating from Euro NCAP
    This is XPENG's second five-star safety rating for an international model following the new P7 in October; and its first SUV obtained both Euro NCAP and C-NCAP five-star ratings
    AMSTERDAM, Dec. 06, 2023 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announces that the international model of their flagship electric SUV, XPENG G9, has received a five-star 2023 safety rating from Euro NCAP.
  • Euro NCAP's five-star safety rating system aims to help consumers, their families and businesses compare vehicles more easily and identify the safest choice for their needs.
  • The result follows XPENG's five-star safety rating for the international model of the XPENG P7 in October, making it their second five star rating this year.
  • Brian Gu, Vice Chairman and Co-President of XPENG, said:
    "Receiving a five-star rating from Euro NCAP for both the P7 and now the G9 is testament to the quality of our vehicles, especially given the 2023 test's even higher standards.

IDTechEx Summarized Regional Regulations for Mandating Driver Monitoring Systems

Retrieved on: 
Tuesday, December 12, 2023

Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).

Key Points: 
  • Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).
  • The United States has implemented several driver monitoring systems (DMS) regulations.
  • Beyond regulatory mandates, IDTechEx has observed various initiatives from automotive original equipment manufacturers (OEMs) aimed at integrating DMS and occupant monitoring systems (OMS).
  • Given the regulatory requirements, IDTechEx anticipates that major automotive companies will expedite the integration of Driver Monitoring Systems (DMS), presenting significant opportunities across the entire supply chain.

IDTechEx Summarized Regional Regulations for Mandating Driver Monitoring Systems

Retrieved on: 
Tuesday, December 12, 2023

Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).

Key Points: 
  • Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).
  • The United States has implemented several driver monitoring systems (DMS) regulations.
  • Beyond regulatory mandates, IDTechEx has observed various initiatives from automotive original equipment manufacturers (OEMs) aimed at integrating DMS and occupant monitoring systems (OMS).
  • Given the regulatory requirements, IDTechEx anticipates that major automotive companies will expedite the integration of Driver Monitoring Systems (DMS), presenting significant opportunities across the entire supply chain.

GWM WEY Secures Top Position in the China Vehicle Dependability Study 2023 Once Again

Retrieved on: 
Monday, November 6, 2023

Baoding, China--(Newsfile Corp. - November 6, 2023) - GWM WEY has once again secured its position as the top independent brand in the Chinese automotive industry in the China Vehicle Dependability Study 2023 (VDS) unveiled by J.D.

Key Points: 
  • Baoding, China--(Newsfile Corp. - November 6, 2023) - GWM WEY has once again secured its position as the top independent brand in the Chinese automotive industry in the China Vehicle Dependability Study 2023 (VDS) unveiled by J.D.
  • GWM WEY achieved this accolade through an assessment of Chinese car owners' experiences with fuel-powered vehicles owned for 13 to 48 months.
  • The GWM WEY Coffee 02, a model under the GWM WEY brand, has set new safety standards in its segment.
  • GWM WEY's top position in the China Vehicle Dependability Study 2023 underscores its dedication to reliability and customer satisfaction.

XPENG P7 Receives Silver Nomination in L&B Home’s Premium Electric Car of the Year 2023/24

Retrieved on: 
Friday, November 3, 2023

The new XPENG P7 has impressed Europe since its release and, on October 25, received a five-star safety rating in the 2023 Euro NCAP test thanks to its impressive body structure and comprehensive XPILOT Safety features.

Key Points: 
  • The new XPENG P7 has impressed Europe since its release and, on October 25, received a five-star safety rating in the 2023 Euro NCAP test thanks to its impressive body structure and comprehensive XPILOT Safety features.
  • L&B Home tests around 475–500 consumer products annually, including electric vehicles, where XPENG P7 has been recognized in the premium category.
  • Among the six finalists, XPENG P7 was chosen for the Silver Nomination based on its overall quality.
  • Brian Gu, Vice Chairman and Co-President of XPENG, noted, “This nomination marks another milestone on our journey in Europe after starting XPENG P7 deliveries just a few months ago.

NIO Inc. Provides October 2023 Delivery Update

Retrieved on: 
Wednesday, November 1, 2023

NIO delivered 16,074 vehicles in October 2023, increasing by 59.8% year-over-year

Key Points: 
  • NIO delivered 16,074 vehicles in October 2023, increasing by 59.8% year-over-year
    NIO delivered 126,067 vehicles year-to-date in 2023, increasing by 36.3% year-over-year
    Cumulative deliveries of NIO vehicles reached 415,623 as of October 31, 2023
    SHANGHAI, China, Nov. 01, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its October 2023 delivery results.
  • NIO delivered 16,074 vehicles in October 2023, increasing by 59.8% year-over-year.
  • Cumulative deliveries of NIO vehicles reached 415,623 as of October 31, 2023.
  • As of October 31, 2023, NIO had deployed 2,079 Power Swap Stations globally, with 621 of them strategically located along expressways in China.

XPENG P7 Achieves Five-Star Euro NCAP Safety Rating

Retrieved on: 
Thursday, October 26, 2023

XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today shared the news that the international version of its smart electric sedan, XPENG P7, has been awarded a five-star safety rating in the 2023 Euro NCAP tests.

Key Points: 
  • XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today shared the news that the international version of its smart electric sedan, XPENG P7, has been awarded a five-star safety rating in the 2023 Euro NCAP tests.
  • View the full release here: https://www.businesswire.com/news/home/20231026235690/en/
    XPENG P7 Achieves Five-Star Euro NCAP Safety Rating (Photo: Business Wire)
    Euro NCAP tests represent the European gold standard for comprehensive automotive safety testing, and its updated 2023 protocols add even more complex safety scenarios than before.
  • “Receiving a five-star rating from Euro NCAP demonstrates our commitment to meeting and exceeding the needs of our European customers," says Brian Gu, Vice Chairman and Co-President of XPENG.
  • XPENG P7 comes with XPILOT Safety as standard, which comprises 14 active safety features, including forward, side, and rear collision prevention.