Aurora, Ontario

Innoviz Technologies Drives Growth in Asia by Partnering with SpringCloud, Korea's Leading Autonomous Mobility Provider

Retrieved on: 
Wednesday, August 4, 2021
Companies, Aurora, Ontario, Magna International, S&P/TSX 60, Aptiv, SoftBank Group, Naver Corporation, Samsung

TEL AVIV, Israel and SEOUL, South Korea, Aug. 4, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), aleading provider of high-performance, solid-state LiDAR sensors and perception software, and SpringCloud, a leading autonomous mobility service provider, recently completed a partnership agreement.

Key Points: 
  • TEL AVIV, Israel and SEOUL, South Korea, Aug. 4, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), aleading provider of high-performance, solid-state LiDAR sensors and perception software, and SpringCloud, a leading autonomous mobility service provider, recently completed a partnership agreement.
  • NAVER, the Korean IT giant, together with Delphi Automotive and Magna International, invested in Innoviz Technologies in 2017.
  • "We are pleased to partner with Innoviz, which will solidify SpringCloud's position as an advanced autonomous mobility service provider in Korea.
  • Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International,Aptiv, Magma Venture Partners, and others.

Innoviz Announces Timing of Second Quarter 2021 Earnings Release and Investor Conference Call

Retrieved on: 
Wednesday, July 21, 2021
Companies, Aurora, Ontario, Magna International, S&P/TSX 60, Emerging technologies, Aptiv, Samsung, SoftBank Group, Lidar

Innoviz is a leading provider of technology that will put autonomous vehicles on roads, ultimately changing the world and making life better.

Key Points: 
  • Innoviz is a leading provider of technology that will put autonomous vehicles on roads, ultimately changing the world and making life better.
  • Innoviz is the only company with LiDAR technology that can "see" better than a human driver, while also meeting the automotive industry's strict requirements for performance, safety and price.
  • Selected by BMW for its fully electric iX autonomous car program, Innoviz's technology will be the first to be deployed in consumer vehicles.
  • Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, and others.

Innoviz Technologies Sets June 2021 Financial Conference Schedule

Retrieved on: 
Wednesday, June 2, 2021
Companies, Aurora, Ontario, Magna International, S&P/TSX 60, Aptiv, Samsung, SoftBank Group, BMW

Innoviz is a leading provider of technology that will put autonomous vehicles on roads.

Key Points: 
  • Innoviz is a leading provider of technology that will put autonomous vehicles on roads.
  • Innoviz's LiDAR technology can "see" better than a human driver and meets the automotive industry's strict expectations for performance, safety and price.
  • Selected by BMW for its fully autonomous car program, Innoviz's technology will be deployed in BMW's consumer vehicles.
  • Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, and others.

Innoviz Technologies and Sensagrate Announce Partnership to Enable Smart City Applications

Retrieved on: 
Tuesday, May 18, 2021
Companies, Technology, Home appliances, Aurora, Ontario, Magna International, S&P/TSX 60, Lidar, Smart city, Samsung Electronics, Aptiv

LiDAR-based intelligent traffic decisions will improve traffic flow and reduce traffic congestion, leading to a decrease in fatalities and emissions.

Key Points: 
  • LiDAR-based intelligent traffic decisions will improve traffic flow and reduce traffic congestion, leading to a decrease in fatalities and emissions.
  • "\n"Innoviz is very happy to have been chosen by Sensagrate for their Smart City and Smart Transportation applications," saidOmer Keilaf, Co-Founder and CEO of Innoviz.
  • "Our LiDAR sensors and perception software support a diverse set of applications across a wide array of verticals.
  • Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, and others.

Innoviz Announces Timing of First Quarter 2021 Earnings Release and Investor Conference Call

Retrieved on: 
Monday, April 26, 2021
Companies, Aurora, Ontario, Magna International, S&P/TSX 60, Emerging technologies, .tech, Aptiv, Samsung, SoftBank Group, Lidar

Innoviz is the only company with LiDAR technology that can "see" better than a human driver, while also meeting the automotive industry\'s strict requirements for performance, safety and price.

Key Points: 
  • Innoviz is the only company with LiDAR technology that can "see" better than a human driver, while also meeting the automotive industry\'s strict requirements for performance, safety and price.
  • Selected by BMW for its fully electric iX autonomous car program, Innoviz\'s technology will be the first to be deployed in consumer vehicles.
  • Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, and others.
  • For more information, visit www.innoviz.tech .\n'

Innoviz Announces Filing of Annual Report on Form 20-F

Retrieved on: 
Wednesday, April 21, 2021
Companies, Aurora, Ontario, Magna International, S&P/TSX 60, .tech, Automation, Robotics, Aptiv, Samsung, SoftBank Group, Self-driving car

Innoviz is the only company with LiDAR technology that can "see" better than a human driver, while also meeting the automotive industry\'s strict requirements for performance, safety and price.

Key Points: 
  • Innoviz is the only company with LiDAR technology that can "see" better than a human driver, while also meeting the automotive industry\'s strict requirements for performance, safety and price.
  • Selected by BMW for its fully electric autonomous car program, Innoviz\'s technology will be the first to be deployed in consumer vehicles.
  • Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, and others.
  • For more information, visit www.innoviz.tech\n'

Magna Posts 2020 Annual Report

Retrieved on: 
Saturday, March 27, 2021
Aurora, Ontario, Magna International, S&P/TSX 60, System for Electronic Document Analysis and Retrieval, Companies, Canada

AURORA, Ontario, March 26, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2020 Annual Report, including Managements Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the companys website, www.magna.com.

Key Points: 
  • AURORA, Ontario, March 26, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2020 Annual Report, including Managements Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the companys website, www.magna.com.
  • Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedar.com) and the U.S. Securities and Exchange Commission (accessible through its website at www.sec.gov/edgar).
  • Our 2021 Annual Meeting of Shareholders will be held on Thursday May 6, 2021, commencing at 10:00 a.m. (Eastern Daylight Time).
  • Magna will provide a hard copy of its audited financial statements as contained in our 2020 Annual Report to Shareholders, free of charge, on request through our website or in writing to Magna International Inc., Attn: Corporate Secretary, 337 Magna Drive, Aurora, ON, Canada L4G 7K1.

Strategy Analytics: German Car Manufacturing Industry Facing Existential Threat

Retrieved on: 
Tuesday, March 23, 2021
Technology, Marketing, Mobile, Wireless, Communications, Other Automotive, Performance & Special Interest, Other Professional Services, Aftermarket, Automotive, Consulting, Professional services, Audio, Video, Other Manufacturing, Other Technology, Software, General Automotive, Internet, Automotive Manufacturing, Electronic design automation, Other Communications, Data management, Manufacturing, Consumer electronics, Car classifications, IOS, Cars, Companies, Henrik Fisker, Magna International, Aurora, Ontario, S&P/TSX 60, Foxconn, Magna Steyr, Fisker Karma, IPhone

The latest Strategy Analytics report Foxconn, Magna and REE Banking on Electrification to Spur Demand for Automotive Contract Manufacturing , from the Powertrain, Body, Safety & Chassis Service ( PBCS ) service, explores both the advantages well as the pitfalls of this trend towards contract manufacturing.

Key Points: 
  • The latest Strategy Analytics report Foxconn, Magna and REE Banking on Electrification to Spur Demand for Automotive Contract Manufacturing , from the Powertrain, Body, Safety & Chassis Service ( PBCS ) service, explores both the advantages well as the pitfalls of this trend towards contract manufacturing.
  • Foxconn is well known for the contract manufacture of the Apple iPhone, which is supported by a vertically integrated supply chain.
  • Magna Internationals contract manufacturing subsidiary, Magna Steyr, has assembled the Sony Vision-S concept car and has also been selected to produce the Fisker Ocean electric vehicles.
  • The German car industry for example is investing heavily in electrification and it is doubtful that contract manufacturing can duplicate their scale and expertise to meet the projected demand for xEVs in the next five to ten years., notes Hakan Gustafsson, Director at Strategy Analytics GmbH.

New Year Brings New CEO for Magna

Retrieved on: 
Monday, January 4, 2021
Business, Articles, Economy, Aurora, Ontario, Magna International, S&P/TSX 60, Business models, Entrepreneurship, Magna, Utah, Strategy, Kotagiri

Today, Kotagiri begins his first day as CEO and a Director of Magna International.

Key Points: 
  • Today, Kotagiri begins his first day as CEO and a Director of Magna International.
  • He contributed to the companys recent growth and evolution through his operational leadership and aligned the organizations strategy around the trends shaping future mobility.
  • In our 60-year history, Magna has continued to evolve with it, and I am confident we will continue to do so, said Kotagiri.
  • Magna, our strong management team and our entrepreneurial-minded employees are up for the challenge.