Driving the future of automotive technology, Seeing Machines Ltd, an AI driver monitoring specialist, has reported an upward trajectory in its financial and operational performance for the first half of the fiscal year. The company, trading on AIM and OTC markets, has witnessed a robust 28% increase in underlying revenue, achieving US$25.6 million for the…

Swedish automotive technology software solution provider NIRA Dynamics has announced a significant milestone: the sale of 100 million Tyre Pressure Indicator (TPI) units. In a remarkable shift from traditional hardware-based systems, NIRA’s TPI technology, a software-centric approach, has revolutionised tyre pressure monitoring. By eliminating the need for physical sensors in each tyre, NIRA’s TPI has…

The building that will be turned into a new campus. Credit: Google Maps Lincoln Educational Services Corporation is moving its technical school’s campus from Philadelphia to the Levittown section of Middletown Township. The New Jersey-based career training post-secondary education company purchased the 90,000 square foot building at 311 Veterans Highway for approximately $10 million in…

Automotive Ethernet Market by Type (Automotive Ethernet Network, Automotive Ethernet Testing), Component Type (Hardware, Software, Services), Bandwidth, Application, Vehicle Type (Passenger Cars & Commercial Vehicles) & Region – Global Forecast to 2028 The global Automotive ethernet market size is projected to grow from USD 2.2 billion in 2023 to USD 5.5 billion by 2028, at…

FM Capital added two more industry experts to boost the venture capital company, which focuses on early-to-mid stage companies in automotive and transportation technology. Joining as technology operating partners are Jake Sigal and Massimo Baldini who FM Capital called “auto tech pioneers.” According to a news release, the pair will not only provide a range…

LAS VEGAS (Feb. 3, 2024) – automotiveMastermind, part of S&P Global Mobility and the automotive industry’s trusted data and technology provider, and Morgan Automotive Group (Morgan), one of the largest automotive dealer groups in the nation, have formed a strategic partnership where Mastermind’s technology and data enrichment and Polk Automotive Solutions’ data services from S&P…

Viritech has introduced a range of battery management system (BMS) hardware and software to enable the integration of high-performance battery cells into automotive, marine and aerospace battery packs. The ecosystem comprises the BMS controller, BMS module-level unit and BMS cell interface and is aimed at OEMs and Tier 1 suppliers. The BMS controller is a…

With the accelerated pace of EV adoption in India, Mahindra & Mahindra is intensifying its efforts to develop breakthrough EV technology, including advanced batteries and propulsion systems.  To augment its EV competencies, the company has set up an Electric Powertrain Development Center at the Mahindra Research Valley (MRV) in Chennai, that is set to play…