Nexteer Produces 60 Millionth Electric Power Steering System

Milestone Marks Fuel Efficiency Saving of More Than 6 Billion Gallons of Gas   Featured in global vehicles from small cars to full-size trucks, Nexteer”s EPS systems increase fuel efficiency by up to 6 percent and CO2 emissions by up to 8 grams per kilometer. To put this in perspective, the amount of fuel saved from 60 million EPS systems would fill more than 6 billion gallons of gas. If all

Horizon Robotics Valued at $3Bn after B Round, Led by Semiconductor Giants and Top Auto OEMs

Dr. Yu Kai, founder and CEO of Horizon Robotics, said: ‘Since its establishment more than three years ago, Horizon Robotics has devoted itself to becoming the leader in edge AI processors and computing platforms – enabling autonomous driving, smart cities, smart robotics and other AIoT devices ‘On the Horizon‘ – powering AI to make everyone”s life safer and better. Presently, the concept of co-designing hardware and software for edge computing embraced by

Sinopec Capital Predicts an End to the Burning Era and a Greener Future Dominated by Electric Vehicles

Supporting emergent technologies to go ”beyond the era of burning” During the keynote address, entitled ‘The Future is Here,’ Huang tackled some of the pressing issues facing the energy industry and called for a ‘revolution in energy production and consumption’ to halt the effects of global warming and its threat to life. Huang urged the human race to ‘go beyond the ”burning era”, to give-up fossil fuels, embrace electrification and

The global automotive intake manifold market is fragmented due the presence of large number of players operating in the market. Leading players are focusing on research and development activates and expanding their product line to strengthen their position in the global market. Over the coming years, competition in the market will intensify due to strict government regulations and growing use of advanced technologies. Key players are engaging in mergers and

Alliance Ventures Leads Strategic Investment in WeRide.ai

Renault-Nissan-Mitsubishi and WeRide.ai to increase presence in Chinese autonomous vehicle services Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has become the lead strategic investor of WeRide.ai (formerly JingChi.ai), China”s leading autonomous driving company focused on Level 4 (L4) self-driving technology, following completion of the company”s Series A funding.      (Logo: http://mma.prnewswire.com/media/556610/Renault_Nissan_Mitsubishi_Logo.jpg )  The investment in WeRide.ai is the first investment in China and part of the Alliance Ventures

According to the new market research report ‘Drive by Wire Market by Application (Brake, Park, Shift, Steer, Throttle), Sensor (Brake Pedal, Throttle Position & Pedal, Park, Gearshift, Handwheel, Pinion), Vehicle (On-Highway, OHV, BEV/HEV/PHEV, Autonomous), Component & Region – Global Forecast to 2025‘, published by MarketsandMarkets™, the Drive by Wire Market is primarily driven by the increasing demand for vehicle safety, comfort, and performance with lower emissions. The Drive by Wire

Fleet Complete Announces Program With Leading Vehicle Manufacturer to Drive Fleet Insights

Leveraging big data from Toyota Connected, the collaboration will empower fleet-owning businesses with Fleet Complete”s connected vehicle technologies while reducing the cost of ownership and improving safety and efficiency. Fleet Complete®, a leading global provider of connected vehicle solutions, announced today a program with Toyota Connected to accelerate the delivery of IoT-enabled services within Toyota vehicles to enhance fleet customer”s mobile resource effectiveness and efficiencies. Leveraging big data, powered by Toyota Connected

Audi and Ericsson to Pioneer 5G for Automotive Manufacturing

At Audi”s headquarters in Ingolstadt, Germany, the two companies agreed on a range of activities exploring the potential of 5G as a future-proof communication technology that can meet the high demands of automotive production. Audi and Ericsson have signed a Memorandum of Understanding (MoU) and in the coming months, experts from both companies will run field tests in a technical center of the ‘Audi Production Lab’ in Gaimersheim, Germany. Frank

Cobalt 27 Appoints Martin Vydra as Head of Strategy

Leading nickel and cobalt technical expert to join Cobalt 27 as the company prepares for accelerating demand for battery metals  Cobalt 27 Capital Corp. (‘Cobalt 27’ or the ‘Company’) (TSXV: KBLT) (FRA: 27O) is pleased to announce the appointment of Martin Vydra as Head of Strategy, effective immediately. Martin Vydra joins Cobalt 27 after a 31 year career with Sherritt International Corporation, a leader in the mining, processing and refining of lateritic nickel

Automotive Charge Air Cooler (CAC) Market is Likely to be a US$ 3.1 Billion Opportunity in 2023, Says a New Report From Stratview Research

Stratview Research  announces the launch of a new research report on Automotive Charge Air Cooler (CAC) Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Product Type (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), by Position Type (Standalone CAC and Integrated CAC), by Fuel Type (Gasoline and Diesel), and by Region (North America, Europe, Asia-Pacific, and Rest of World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.