Other Automotive

Zuora SEI Report: Flexible, Recurring Monetization Models Drive 3.4x Faster Growth Rates Than the S&P 500 Over the Past 12 Years

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星期二, 四月 9, 2024
Hardware, Retail, Publishing, Technology, Finance, Communications, Other Automotive, Professional Services, Online Retail, TV and Radio, Telecommunications, Automotive, Software, Entertainment, Internet, New media, Growth, Acquisition, Senior, Churn, Yoy, ARPA, Video game

In 2023, amid economic challenges and slowed digital transformations, companies in the SEI demonstrated resilience through Total Monetization strategies.

Key Points: 
  • In 2023, amid economic challenges and slowed digital transformations, companies in the SEI demonstrated resilience through Total Monetization strategies.
  • By aligning and evolving their monetization models with customer demand, they pursued innovative approaches beyond traditional subscriptions, including hybrid and flexible bundling strategies.
  • While growth rates slowed in the SaaS sector, churn is down and consumption-based models are continuing to demonstrate promising revenue growth: The SEI SaaS sector experienced a 10.1% revenue growth rate on average.
  • While the New Media subset experienced a faster revenue growth rate (12%) than Publishing Media (5.6%), Publishing Media grew ARPA year-over-year (YoY), while New Media ARPA growth slowed.

Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets

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星期二, 四月 9, 2024
Consulting, EV, Electric Vehicles, Automotive, Professional Services, Business, Marketing, Advertising, Communications, Other Automotive, General Automotive, Finance, Lincoln, Volvo, Face, Growth, Asbury Automotive Group, Original equipment manufacturer, Big Three (automobile manufacturers), Partnership, Risk, Multiple, Kerrigan, Sale, Acquisition, Ford, ICE, BMW, OEM, Toyota Financial Services, Population growth, Car dealership

The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.

Key Points: 
  • The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.
  • “When earnings soared in 2021, buyers correctly projected that pandemic earnings were unsustainable and normalized earnings for valuation purposes.
  • The public dealership groups acquired 61 franchises for $2.7 billion in 2023, the second highest US acquisition spending level on record.
  • The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

Asbury Automotive Group Schedules Release of First Quarter 2024 Financial Results

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星期二, 四月 9, 2024
General Automotive, Other Automotive, Aftermarket, Automotive, Asbury Automotive Group, Internet

Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Thursday, April 25, 2024.

Key Points: 
  • Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Thursday, April 25, 2024.
  • Asbury will host a conference call later that day at 10:00 a.m. Eastern Time.
  • The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com .
  • Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing:

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

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星期二, 四月 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

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星期二, 四月 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.”

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

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星期二, 四月 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.

Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology - ResearchAndMarkets.com

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星期一, 四月 8, 2024
Vehicle Technology, EV, Electric Vehicles, Other Energy, Alternative Energy, Alternative Vehicles, Fuels, Batteries, General Automotive, Energy, Technology, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Leapmotor, JAC, CIB, Volvo, CTB, BYD, Model Y, Cell, Original equipment manufacturer, Acceleration, EVS, Volkswagen, Nm, Gigafactory Texas, CTC, CATL, CTP, SAIC, Electric battery

The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Currently only four automakers Tesla, BYD, Leapmotor and Xpeng have released CTC/CTB technology and applied it in production models.
  • Leapmotor: In April 2022 Leapmotor released CTC technology, and first applied it to the production model Leapmotor C01.
  • In addition to Tesla, BYD, Leapmotor and Xpeng, Xiaomi, Volkswagen, Volvo, JAC and SAIC all make layout of CTC technology.

Maniv Announces Third Early-stage Venture Fund of $140m to Accelerate the Decarbonization and Digitization of Global Transportation

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星期四, 四月 4, 2024
Professional Services, Other Natural Resources, Logistics, Supply Chain Management, Mining, Minerals, Sustainability, Other Automotive, Public Policy, Government, Natural Resources, Other Manufacturing, Fleet Management, Other Defense, Other Energy, Automotive, Manufacturing, Alternative Energy, Energy, Other Transport, Trucking, Transport, Other Technology, Fintech, Defense, Environment, Food, Beverage, Technology, Retail, Business, Other Professional Services, State, Local, Finance, EV, Shell, Bipi Island, GHG, Jaguar Land Rover, General partnership, Circular, Ferrovial, WEX, AI, Insurance, Kolors, Private sector, Enterprise mobility management, BNP Paribas, Investment, Plastic, Atmosphere, Valeo, Movement, Paulo, Toyota, ITT Inc., Silicon, RCI Banque, Renewable energy

Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.

Key Points: 
  • Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.
  • Simultaneously, the market-driven decarbonization of transportation – representing as much as one quarter of global GHG emissions – is at an inflection point.
  • Maniv’s third fund is backed by institutional capital, high-net-worth individuals, and a consortium of industry leaders at the forefront of the transportation sector.
  • “Our third fund builds on two decades in the trenches of the global mobility ecosystem,” said Michael Granoff, the firm’s Managing Partner.

LiveWire Group, Inc. To Report First Quarter 2024 Results on April 25, 2024

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星期四, 四月 4, 2024
Motorcycles, Other Automotive, General Automotive, Automotive, EV, Electric Vehicles, Livewire, CDT, Harley-Davidson, Broadcasting

LiveWire Group, Inc. (NYSE: LVWR) will release its first quarter 2024 financial results before market hours Thursday, April 25, 2024.

Key Points: 
  • LiveWire Group, Inc. (NYSE: LVWR) will release its first quarter 2024 financial results before market hours Thursday, April 25, 2024.
  • The public is invited to attend an audio webcast from 8-9 a.m. CDT.
  • LiveWire leadership will be joining the Harley-Davidson, Inc. audio webcast to discuss LiveWire’s financial results, developments in the business, and updates to the Company’s outlook.
  • LiveWire is majority owned by Harley-Davidson, Inc. and has a dedicated focus on the electric motorcycle sector.

Autel Energy Europe Releases MaxiCharger Megawatt Charging System Satellite Launch Plan at Nordic EV Summit 2024

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星期四, 四月 4, 2024
Vehicle Technology, EV, Electric Vehicles, Other Energy, Utilities, Fleet Management, Alternative Vehicles, Fuels, General Automotive, Energy, Automotive, Other Transport, Trucking, Transport, Other Automotive, Digital, Watt, Partnership, Heart, Nordic, Renewable energy

For the forward-thinking fleet operators and heavy-duty transport stakeholders seeking unparalleled efficiency and reliability, Autel releases the MaxiCharger Megawatt Charging System satellite launch plan at the Nordic EV Summit 2024.

Key Points: 
  • For the forward-thinking fleet operators and heavy-duty transport stakeholders seeking unparalleled efficiency and reliability, Autel releases the MaxiCharger Megawatt Charging System satellite launch plan at the Nordic EV Summit 2024.
  • The MaxiCharger Megawatt Charging System addresses this gap head-on, offering a scalable and robust solution that meets the critical needs of sustainable transport sectors.
  • Featuring a modular design, the MaxiCharger Megawatt Charging System emerges as a beacon of versatility and future-readiness, effortlessly scaling over 1 MW.
  • "Introducing the MaxiCharger Megawatt Charging System at the Nordic EV Summit signifies a monumental stride towards achieving sustainable transportation," states Ting Cai, CEO of Autel Europe.