Porsche

ADS-TEC Energy Unveils the Future of Ultra-Fast EV Charging for Residential Complexes with Deployment at Marina Palms in Miami

Retrieved on: 
Tuesday, March 19, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240319428589/en/
    ADS-TEC Energy unveiled the first deployment of its ChargeBox at a multi-family residential complex during a special ceremony at the Marina Palms Yacht Club and Residences in North Miami Beach.
  • (Photo: Business Wire)
    Access to fast and readily available EV charging is one of the biggest hurdles to the adoption of EVs.
  • ADS-TEC Energy’s Marina Palms deployment is significant as it showcases a simple way to quickly deploy ultra-fast EV chargers and, in turn, speed up EV adoption.
  • To meet the demand for charging, ADS-TEC Energy will be deploying its ultra-fast charging solutions at additional large residential complexes, city centers, convenience stores and corporate campuses.

Mobil 1 Marks 50th Anniversary with Celebratory Racing Liveries Throughout 2024 Motorsports Season

Retrieved on: 
Friday, March 15, 2024

To celebrate the 50th anniversary of Mobil 1™ motor oil, this year the brand will showcase more than 40 iconic, specially-designed liveries and paint schemes on the track throughout the 2024 motorsports season.

Key Points: 
  • To celebrate the 50th anniversary of Mobil 1™ motor oil, this year the brand will showcase more than 40 iconic, specially-designed liveries and paint schemes on the track throughout the 2024 motorsports season.
  • Mobil 1 motor oils have long been the choice for preeminent race teams competing in the most demanding and popular motorsports series around the globe.
  • “These liveries exemplify our collaborations in lubricant innovation in the world of motorsports.
  • For coverage of Mobil 1 Twelve Hours of Sebring Presented by Cadillac as well as upcoming gold liveries and paint schemes, visit @mobil1racing on Instagram and X all year-long.

Cato Shatters SASE Speed Record

Retrieved on: 
Friday, March 29, 2024

TOKYO, March 29, 2024 /PRNewswire/ -- Cato Networks, the SASE leader, announced a new SASE throughput record here at the Porsche Studio Ginza ahead of the 2024 Tokyo E-Prix, achieving 10 Gbps without hardware upgrades. At 10 Gbps, Cato became the first SASE platform to compete not only in the ABB FIA Formula E World Championship but also to deliver SASE performance so powerful that the TAG Heuer Porsche Formula E Team could transfer all the data of an entire Formula E season in under 2.5 hours instead of 3.5 days.

Key Points: 
  • TOKYO, March 29, 2024 /PRNewswire/ -- Cato Networks, the SASE leader, announced a new SASE throughput record here at the Porsche Studio Ginza ahead of the 2024 Tokyo E-Prix , achieving 10 Gbps without hardware upgrades.
  • "The incredible speeds of the Gen3 racecars are only matched by the unprecedented throughput of Cato SASE Cloud.
  • The doubling of Cato Cloud Interconnect and Cato Socket performance comes without costly hardware upgrades, typical of appliance-based architectures.
  • Cato SASE Cloud provides fast, secure, and reliable access to the TAG Heuer Porsche Formula E Team, regardless of location.

Cato Shatters SASE Speed Record

Retrieved on: 
Friday, March 29, 2024

TOKYO, March 29, 2024 /PRNewswire/ -- Cato Networks, the SASE leader, announced a new SASE throughput record here at the Porsche Studio Ginza ahead of the 2024 Tokyo E-Prix, achieving 10 Gbps without hardware upgrades. At 10 Gbps, Cato became the first SASE platform to compete not only in the ABB FIA Formula E World Championship but also to deliver SASE performance so powerful that the TAG Heuer Porsche Formula E Team could transfer all the data of an entire Formula E season in under 2.5 hours instead of 3.5 days.

Key Points: 
  • TOKYO, March 29, 2024 /PRNewswire/ -- Cato Networks, the SASE leader, announced a new SASE throughput record here at the Porsche Studio Ginza ahead of the 2024 Tokyo E-Prix , achieving 10 Gbps without hardware upgrades.
  • The doubling of Cato Cloud Interconnect and Cato Socket performance comes without costly hardware upgrades, typical of appliance-based architectures.
  • Cato SASE Cloud provides fast, secure, and reliable access to the TAG Heuer Porsche Formula E Team, regardless of location.
  • To learn more about Cato SASE Cloud, visit us at https://www.catonetworks.com/platform/
    To learn more about Cato's partnership with the TAG Heuer Porsche Formula E Team, visit us at https://www.catonetworks.com/porsche-formula-e-team/ .

Kelley Blue Book Announces Winners of 2024 Consumer Choice Awards

Retrieved on: 
Wednesday, March 27, 2024

ATLANTA, March 27, 2024 /PRNewswire/ -- After several years of car-buying challenges due to production complications from the pandemic, 2024 is finally a great time for consumers to buy a new car, with supply evening out and more deals becoming available. Yet while some of the challenges have eased up, buying a new car is still a huge purchase decision where shoppers devote hours to researching which brand and model is best for them, and consumer perception weighs heavily into this process. Recognizing automakers' outstanding achievements in creating and maintaining brand attributes that earn the attention and enthusiasm of new-car buyers, Kelley Blue Book, a Cox Automotive company, today announces the winners of the 2024 Consumer Choice Awards. These awards – formerly known as the Brand Image Awards – are based on annual new-car shopper perception study data. Award categories are calculated among in-market luxury and non-luxury, including truck and electric vehicle (EV)/hybrid shoppers who plan to purchase within the next 12 months.

Key Points: 
  • Honda is the big champion in consumer perception for 2024, sweeping all but one of the non-luxury category awards.
  • Mercedes-Benz brings home two 2024 Consumer Choice Awards for Most Refined Luxury Brand and Best Car Styling Luxury Brand.
  • The 2024 Kelley Blue Book Consumer Choice Awards – formerly known as the Brand Image Awards – are based on consumer automotive perception data from Kelley Blue Book's Brand Watch study.
  • For more information about the 2024 Kelley Blue Book Consumer Choice Awards, visit https://www.kbb.com/awards/consumer-choice-awards/ .

PenFed Credit Union Announces Continued Partnership with Porsche Carrera Cup Series Driver Sabré Cook for the 2024 Season

Retrieved on: 
Tuesday, March 12, 2024

TYSONS, Va., March 12, 2024 /PRNewswire/ -- PenFed Credit Union, the nation's second-largest federal credit union, announced today it will continue to support professional race car driver Sabré Cook as a Gold Level Partner for the 2024 Porsche Carrera North America Cup Series. As part of this partnership, PenFed Credit Union will continue as the Official Credit Union of Sabré Cook Racing and the #37 Porsche Carrera 911 GT3 Cup Car.

Key Points: 
  • TYSONS, Va., March 12, 2024 /PRNewswire/ -- PenFed Credit Union , the nation's second-largest federal credit union, announced today it will continue to support professional race car driver Sabré Cook as a Gold Level Partner for the 2024 Porsche Carrera North America Cup Series.
  • As part of this partnership, PenFed Credit Union will continue as the Official Credit Union of Sabré Cook Racing and the #37 Porsche Carrera 911 GT3 Cup Car.
  • "PenFed thrives in partnering with the best," said PenFed Credit Union President/CEO James Schenck.
  • Cook is one of the top racing drivers and made history last season as the first female driver to race in the Porsche Carrera series.

Applied Intuition, Inc. Grows to $6 Billion Valuation, Securing $250 Million in Series E Funding to Advance Vehicle Software and AI Capabilities

Retrieved on: 
Tuesday, March 12, 2024

The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.

Key Points: 
  • The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.
  • "Applied Intuition benefits from generational megatrends including generative AI, autonomous systems, and software-defined vehicles.
  • With recent advancements in large language models (LLMs), Applied Intuition is uniquely positioned to help its customers revolutionize the vehicle software development process.
  • "Our industry-leading vehicle software products will infuse AI technology to expand beyond our definitive ADAS and AD toolchain, which will exponentially accelerate the production of next-generation vehicles."

Applied Intuition, Inc. Grows to $6 Billion Valuation, Securing $250 Million in Series E Funding to Advance Vehicle Software and AI Capabilities

Retrieved on: 
Tuesday, March 12, 2024

The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.

Key Points: 
  • The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.
  • "Applied Intuition benefits from generational megatrends including generative AI, autonomous systems, and software-defined vehicles.
  • With recent advancements in large language models (LLMs), Applied Intuition is uniquely positioned to help its customers revolutionize the vehicle software development process.
  • "Our industry-leading vehicle software products will infuse AI technology to expand beyond our definitive ADAS and AD toolchain, which will exponentially accelerate the production of next-generation vehicles."

Broad Arrow Fires on All Cylinders at The Amelia with Total Sales Exceeding $63M with a 92% Sell-Through Rate

Retrieved on: 
Monday, March 4, 2024

Amelia Island, FL, March 04, 2024 (GLOBE NEWSWIRE) -- 4 March 2024 – Broad Arrow Auction’s sale at The Amelia meaningfully exceeded expectations this past weekend, with total sales surpassing $63M and a sell-through rate of 92%.

Key Points: 
  • Amelia Island, FL, March 04, 2024 (GLOBE NEWSWIRE) -- 4 March 2024 – Broad Arrow Auction’s sale at The Amelia meaningfully exceeded expectations this past weekend, with total sales surpassing $63M and a sell-through rate of 92%.
  • Now in its second year as the official auction house at The Amelia, Broad Arrow executed a two-day, standing-room-only sale with more than 1,000 registered bidders and their guests.
  • With palpable energy on both days, the Broad Arrow Auction total sales doubled over last year ($31M in 2023).
  • For Broad Arrow, the sale results doubled the previous year’s sale total of $31M which further highlighted the increased demand and interest in the offering.

Broad Arrow Fires on All Cylinders at The Amelia with Total Sales Exceeding $63M with a 92% Sell-Through Rate

Retrieved on: 
Monday, March 4, 2024

Amelia Island, FL, March 04, 2024 (GLOBE NEWSWIRE) -- 4 March 2024 – Broad Arrow Auction’s sale at The Amelia meaningfully exceeded expectations this past weekend, with total sales surpassing $63M and a sell-through rate of 92%.

Key Points: 
  • Amelia Island, FL, March 04, 2024 (GLOBE NEWSWIRE) -- 4 March 2024 – Broad Arrow Auction’s sale at The Amelia meaningfully exceeded expectations this past weekend, with total sales surpassing $63M and a sell-through rate of 92%.
  • Now in its second year as the official auction house at The Amelia, Broad Arrow executed a two-day, standing-room-only sale with more than 1,000 registered bidders and their guests.
  • With palpable energy on both days, the Broad Arrow Auction total sales nearly doubled over last year ($31M in 2023).
  • For Broad Arrow, the sale results nearly doubled the previous year’s sale total of $31M which further highlighted the increased demand and interest in the offering.