Full-size vehicles

Veoneer products enable level 3 hands-off self-driving tech

Retrieved on: 
Monday, September 6, 2021

During the fall, Mercedes-Benz' DRIVE PILOT system is being introduced with greater performance from Veoneer's Stereo Vision and Radar products to support level 3 self-driving.

Key Points: 
  • During the fall, Mercedes-Benz' DRIVE PILOT system is being introduced with greater performance from Veoneer's Stereo Vision and Radar products to support level 3 self-driving.
  • Functions enabled by the stereo camera are lane detection, free space, small obstacle detection and 3D objects classification.
  • Additionally, the stereo camera is contributing to the detection of emergency vehicles and construction warning trailers to support level 3 driving.
  • Veoneer Radars are an important component contributing to the vehicles spatial awareness, which is increasingly important for the HAF-Level 3 use cases.

Veoneer products enable level 3 hands-off self-driving tech

Retrieved on: 
Monday, September 6, 2021

During the fall, Mercedes-Benz' DRIVE PILOT system is being introduced with greater performance from Veoneer's Stereo Vision and Radar products to support level 3 self-driving.

Key Points: 
  • During the fall, Mercedes-Benz' DRIVE PILOT system is being introduced with greater performance from Veoneer's Stereo Vision and Radar products to support level 3 self-driving.
  • Functions enabled by the stereo camera are lane detection, free space, small obstacle detection and 3D objects classification.
  • Additionally, the stereo camera is contributing to the detection of emergency vehicles and construction warning trailers to support level 3 driving.
  • Veoneer Radars are an important component contributing to the vehicles spatial awareness, which is increasingly important for the HAF-Level 3 use cases.

automotiveMastermind Forms Relationship With FordDirect to Enhance Mastermind for Ford and Lincoln Dealers

Retrieved on: 
Wednesday, August 4, 2021

Ford and Lincoln dealers will enjoy the benefits of seamless billing via the OEM parts and accessory statements, automatic co-op processing and integration with FordDirect CRM.

Key Points: 
  • Ford and Lincoln dealers will enjoy the benefits of seamless billing via the OEM parts and accessory statements, automatic co-op processing and integration with FordDirect CRM.
  • automotiveMastermind will be building additional upcoming data-driven integrations such as incorporating VIN data and AXZ pricing into the Mastermind platform.
  • "Our mission at FordDirect is to help our Ford and Lincoln dealers sell more vehicles.
  • "This new and exciting relationship with FordDirect puts Ford and Lincoln dealers in a great position to capitalize on the innovative technology that Mastermind offers.

Fisker to Take Investment Position and Create Strategic Partnership in Allego, a Leading Pan-European Electric Vehicle Charging Network

Retrieved on: 
Wednesday, July 28, 2021

Fisker is the exclusive electric vehicle automaker in the PIPE and, in parallel, has agreed to terms on a strategic partnership to deliver a range of charging options for its customers in Europe.

Key Points: 
  • Fisker is the exclusive electric vehicle automaker in the PIPE and, in parallel, has agreed to terms on a strategic partnership to deliver a range of charging options for its customers in Europe.
  • "Allego has been a long-standing pioneer in the push to create a seamless pan-European electric vehicle charging network," said Fisker Chairman and CEO, Henrik Fisker.
  • Through the Fisker-Allego partnership announced today, the two companies are collaborating on offering electric vehicle charging and related services across multiple European markets.
  • Allegos charging network includes fast, ultra-fast and AC charging solutions delivered through either owned or operated public charging networks, in addition to charging solutions for B2B customers.

Fisker Announces Timing of Second Quarter 2021 Results and Webcast

Retrieved on: 
Tuesday, July 20, 2021

Fisker Inc. (NYSE: FSR, or "Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions announced that it will report its second quarter 2021 financial results after market close on Thursday, Aug. 5, 2021.

Key Points: 
  • Fisker Inc. (NYSE: FSR, or "Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions announced that it will report its second quarter 2021 financial results after market close on Thursday, Aug. 5, 2021.
  • The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fiskers Investor Relations website: https://investors.fiskerinc.com /.
  • An archive of the webcast will be available shortly after the call and will remain on the website for 12 months thereafter.
  • In addition, Fisker will once again provide shareholders the ability to submit and upvote questions to management through a shareholder Q&A platform.

Karma Automotive Adds Karma Israel To Expand Its Global Dealership Presence

Retrieved on: 
Monday, July 12, 2021

IRVINE, Calif., July 12, 2021 /PRNewswire/ --Karma Automotive announced today that it welcomed its first retail partner in the Middle East, Karma Israel.

Key Points: 
  • IRVINE, Calif., July 12, 2021 /PRNewswire/ --Karma Automotive announced today that it welcomed its first retail partner in the Middle East, Karma Israel.
  • Karma Israel will sell vehicles as part of Metro Motor Ltd., which is one of the largest importers of automotive businessin Israel.
  • "We are extremely excited to welcome Karma Israel to the Karma family as we continue growing our globalretailnetwork," said Joost de Vries, Karma's Vice President of Global Sales and Customer Experience.
  • In addition to Karma Israel, Karma Automotivewelcomed new retailers in Nashville Tennesseeand Bellevue Washington in 2021.

Honda Reaches 15 Million-Unit Mark in Cumulative Automobile Sales in China

Retrieved on: 
Monday, July 12, 2021

- Reaching milestone in 22 years, 6 months, fastest among any region -

Key Points: 
  • - Reaching milestone in 22 years, 6 months, fastest among any region -
    BEIJING, China, July 12, 2021 - (JCN Newswire) - Honda today announced that Honda's cumulative automobile sales in China has reached the 15 million-unit mark.
  • Starting sales in China in January 1999, Honda reached this milestone in 22 years, 6 months, the fastest of any region for Honda's global automobile sales.
  • Moreover, HMCI also announced that Honda's cumulative hybrid vehicle sales in China has reached the 500,000-unit mark, in 4 years and 7 months since the start of sales in 2016.
  • In 2016, with the introduction of Accord equipped with the Sport Hybrid i-MMD(1), Honda's original high-efficiency hybrid-electric system, Honda began sales of hybrid-electric vehicles in China.

Fisker Ocean Takes Next Steps Towards Manufacturing Milestones

Retrieved on: 
Wednesday, June 30, 2021

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The Ocean program continues to progress exactly how we forecast, says CEO and Chairman, Henrik Fisker.
  • Seeing areas such as prototype manufacturing and testing facilities ready for the Ocean was a motivating sight for everyone at Fisker and Magna.
  • Fisker and Magna recently signed their long-term manufacturing agreement and confirmed that production of the all-electric Fisker Ocean SUV is projected to start on Nov. 17, 2022, in Graz.
  • The manufacturing agreement between the two companies covers planned volumes, manufacturing costs and quality metrics over the programs lifecycle through 2029.

Taurus Industrial Group Acquires Amber LP, Expanding its Electrical and Instrumentation Offerings in the Industrial Services Sector

Retrieved on: 
Wednesday, June 30, 2021

Taurus Industrial Group, LLC (Taurus), a SCF Partners portfolio company, is pleased to announce the acquisition of Amber LP (Amber), an electrical and instrumentation services provider to the downstream and industrial sectors.

Key Points: 
  • Taurus Industrial Group, LLC (Taurus), a SCF Partners portfolio company, is pleased to announce the acquisition of Amber LP (Amber), an electrical and instrumentation services provider to the downstream and industrial sectors.
  • Ambers addition boosts Taurus current electrical and instrumentation capabilities by providing a broader customer base and increased synergies with Taurus current engineering, electrical testing, and construction businesses.
  • Founded in 1978, Amber provides highly specialized industrial electrical and instrumentation services to downstream, industrial and utility customers along the Gulf Coast.
  • They are a premier service provider in the electrical and instrumentation arena along the Texas Gulf Coast.

Why Electric Vehicles Will Dominate In 2021

Retrieved on: 
Friday, June 25, 2021

Fisker is a fairly speculative play in the EV worldIn fact, it won't even begin producing its electric SUVs until 2023.

Key Points: 
  • Fisker is a fairly speculative play in the EV worldIn fact, it won't even begin producing its electric SUVs until 2023.
  • The vehicles, meant to compete with Tesla's Model 3, could be exactly what the company needs to take control of its domestic market.
  • Backed by Chinese giants Meituan and Bytedance, Li has taken a different approach to the electric vehicle market.
  • Throughout the year, the de facto king of electric vehicles dominated headlines and defied expectations.