Vehicle Technology

EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models

Retrieved on: 
Tuesday, April 9, 2024

EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature.

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature.
  • Once enrolled, Autocharge+ showcases a best-in-class customer experience for EV drivers by eliminating the need to open an app, swipe a credit card, or tap an EVgo program (RFID) card to initiate a fast charging session on the EVgo network.
  • View the full release here: https://www.businesswire.com/news/home/20240409877127/en/
    Over 50 EV models are eligible for EVgo's Autocharge+ feature.
  • 1 Including older and/or discontinued EV models.

Strategic Review Supports Continued Production Ramp-Up at North American Lithium

Retrieved on: 
Tuesday, April 9, 2024

Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.

Key Points: 
  • Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.
  • March month-to-date lithium recoveries were 69%, exceeding the ramp-up target of 67%, with global recovery of 62% during the July 2023 through March 2024 period.
  • Production of spodumene concentrate has steadily increased with several daily production records achieved in March 2024, including the newest daily production record of 740 metric tons.
  • The joint venture partners have conducted an operational review to assess the pace of the production ramp-up in the context of a challenging lithium price environment.

Aeva Expands in Europe with New Automotive Center of Excellence in Germany

Retrieved on: 
Tuesday, April 9, 2024

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.”

Platform Science Raises $125 Million in Growth Capital

Retrieved on: 
Tuesday, April 9, 2024

Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.

Key Points: 
  • Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.
  • Platform Science also had strong participation from existing investors, including 8VC, NewRoad Capital Partners, and Prologis Ventures, underscoring their commitment to the company’s growth plans.
  • By doing so, we expect innovation to change transportation in the same way smartphones have changed our lives,” said Platform Science co-founder and CEO Jack Kennedy.
  • We look for opportunities that are driving impact at scale, and Platform Science is doing exactly this.

Faraday Future Continues Progress in the Middle East Market with Establishment of a Middle East Sales Entity

Retrieved on: 
Tuesday, April 9, 2024

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.
  • View the full release here: https://www.businesswire.com/news/home/20240409031919/en/
    Tin Mok, Executive Director and Global Executive Vice President of User Ecosystem at Faraday Future, presents the trade license of FF's Middle East sales entity.
  • Moreover, the Company continues to engage with potential partners in the Middle East to explore opportunities, including strategic financing, business development, and sales and marketing.
  • “The establishment of a sales entity marks a pivotal moment in FF’s journey as we seek to extend our footprint into the Middle East,” said Matthias Aydt, Global CEO of FF.

Global and China Automotive DMS/OMS (Driver/Occupant Monitoring System) Research Report, 2023-2024 Featuring 14 Foreign Cabin Sensing System Suppliers and 14 Chinese Cabin Sensing Suppliers - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

In-cabin Monitoring study: installation rate increases by 81.3% in first ten months of 2023, what are the driving factors?

Key Points: 
  • In-cabin Monitoring study: installation rate increases by 81.3% in first ten months of 2023, what are the driving factors?
  • The publisher released 'Automotive DMS/OMS (Driver/Occupant Monitoring System) Research Report, 2023-2024 ', mainly combing DMS, OMS-based in-cabin monitoring system market status, in-cabin monitoring solutions of main models, domestic and foreign monitoring system suppliers, industry chain suppliers, etc., and development trend of in-cabin monitoring.
  • From January to October 2023, the installation of passenger car in-cabin monitoring systems in China increased by 81.3% year-on-year.
  • The in-cabin monitoring system, as the key ring of human-vehicle interaction, is being integrated with other multi-modal interactions such as voice/gesture/biometrics/smell in the cockpit.

Data I/O Announces Major Milestone with 500th PSV System Sale Ahead of IPC APEX Expo

Retrieved on: 
Monday, April 8, 2024

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, announced the Company has achieved a major milestone with the sale of the 500th PSV automated programming system.

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, announced the Company has achieved a major milestone with the sale of the 500th PSV automated programming system.
  • Demonstrations of the PSV family will be available in Data I/O’s booth #3107 at the upcoming IPC APEX Expo in Anaheim, California from April 9th – 11th at the Anaheim Convention Center.
  • The PSV family helps them address these challenges,” said Anthony Ambrose, President and CEO at Data I/O Corporation.
  • Customers attending the IPC APEX Expo in Anaheim, California can visit Data I/O’s booth in booth #3107 to see these live product demonstrations.

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

Retrieved on: 
Monday, April 8, 2024

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.

Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants

Retrieved on: 
Thursday, April 4, 2024

By the end of the decade, the company expects to offer hybrid powertrains across its entire Ford Blue lineup in North America.

Key Points: 
  • By the end of the decade, the company expects to offer hybrid powertrains across its entire Ford Blue lineup in North America.
  • In the first quarter of 2024, Ford’s electric vehicle sales increased by 86% and hybrid sales rose 42% versus a year ago.
  • Prospective employees can meet with Ford representatives at the new Ford Tennessee Discovery Center in Brownsville, Tenn., once it opens.
  • Employees at the plant, like at other Ford manufacturing facilities, will use wearable technology to support high-quality and efficient manufacturing.

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

Retrieved on: 
Thursday, April 4, 2024

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.