ECONOMY & POLICY 15 Apr 2024 2 Min Read CW Team AutoNXT, a leading provider of automotive technology solutions, has announced the successful closure of its pre-Series A funding round. The investment, led by prominent venture capital firms, signifies a significant milestone for AutoNXT as it prepares to accelerate its growth trajectory in the automotive…

Solero Technologies (Solero), with support from Atar Capital, announced it has entered into an agreement to acquire Kendrion’s automotive business. Related Articles Solero is a global supplier of transmission solenoids, engine solenoids, stop-start accumulators, and hydraulic control modules with recent development and launches of active suspension and electrification components. The acquisition would expand Solero’s presence…

Forvia Group, the world’s seventh-largest automotive technology provider, announced it has signed a joint venture agreement with Chery Automobile to cooperate in intelligent and sustainable cockpits. In the agreement issued on April 11, FORVIA and Chery said they will set up a “Future Cockpit” joint venture in Wuhu, Anhui Province. The venture will design, develop,…

Roads in the Netherlands are set to be safer and more connected thanks to a new partnership between Monotch and Haas Alert, a Chicago-based automotive technology developer. Haas says it will deliver in-car safety messages from Monotch’s TLEX-based national Urban Data Access Platform – UDAP – to vehicles on Haas Alert’s Safety Cloud digital alerting…

On the one hand, Hemant Kabra, Founder and Managing Director of Mumbai-based BGauss Auto, is happy that his company, is seeing steady growth in its EV sales. Despite being a relatively young player in the industry, having entered the market in 2020, BGauss Auto has managed to secure support from the USD 2.5 billion Ram…

Share to your network: ZF Group has opened an automotive technology centre in Mexico (Courtesy ZF Group) ZF Group, headquartered in Friedrichshafen, Germany, has officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico. The new building joins the advanced electronic components manufacturing…

North America region held the highest share in 2022. Automotive Haptic Technology Market Report Overview The Automotive Haptic Technology Market report amalgamates data sourced from secondary and primary research to furnish insights into a particular market segment. Combining quantitative and qualitative analysis, it spans the period , offering a comprehensive view of the industry. Segmentation of the market enables…

South Korea’s leading tech and automotive companies are pioneering initiatives to shape the future of industry and society by offering unique programs targeting talent development and community services. SK Telecom is ushering in a new era of artificial intelligence (AI) expertise with the commencement of its 6th ‘AI Fellowship’ program. The initiative is specifically designed…

Embracing technological disruptions has become need of the hour for nearly every industry and the automotive sector is no exception to this trend. Global upheaval, evolving consumer demands and technological improvements are all impacting the auto industry on several fronts at once. Moving beyond traditional engines and mechanical parts, automotive electronics are setting the standard…

Assabet’s Automotive Technology and Collision Repair program received a donation of a 2024 Ford Mustang, courtesy of Acton Ford. (Photo/Courtesy) MARLBOROUGH – Assabet’s automotive technology and collision repair program recently received a donation of a 2024 Ford Mustang GT, courtesy of Acton Ford. A lot full of new 2024 Ford Mustangs were awaiting pickup at…