Category: Automotive Technology

  • Autentica digital marketplace offers additively manufactured automotive parts through blockchain technology

    Autentica digital marketplace offers additively manufactured automotive parts through blockchain technology

    Share to your network: Autentica’s digital marketplace will allow users to buy certified spare parts (Courtesy Autentica Car Parts) Autentica Car Parts, a start-up backed by Innovate UK based in Daresbury, UK, has created a digital marketplace for additively manufacturable car parts. This platform enables OEMs, including car designers and manufacturers, to sell spare parts…

  • PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS

    Quarterly Revenue Increased 8% to $7.4 Billion Retail Automotive Same-Store Revenue Increased 9%, Including a 9% Increase in Service & Parts Retail Commercial Truck Same-Store Gross Profit Increased 6% Increased Quarterly Dividend by $0.07 Per Share, or 9.7%, to $0.79 Per Share in October 2023 BLOOMFIELD HILLS, Mich., Oct. 25, 2023 /PRNewswire/ — Penske Automotive…

  • Japan Mobility Show: An Exciting Foretaste of the Future of EVs

    Japan Mobility Show: An Exciting Foretaste of the Future of EVs

    The Tokyo Motor Show is making a triumphant return as the Japan Mobility Show after a four-year hiatus due to COVID-19. Starting on October 26, the event promises an immersive experience, allowing attendees to engage directly with cutting-edge mobility technologies. This is also a pivotal moment for Japanese companies, which have faced criticism for falling…

  • Qualcomm is Uniting Windows and Android for Seamless Connectivity

    Qualcomm is Uniting Windows and Android for Seamless Connectivity

    In an ever-evolving tech landscape, Qualcomm stands as a beacon of innovation. The company’s remarkable ability to collaborate with diverse partners across various operating systems has elevated it to a position of extraordinary strength. Irrespective of whether a device runs on Windows or Android, Qualcomm’s platforms seamlessly adapt to provide a unified experience. This extraordinary…

  • DRI opens K&C test facility in California

    DRI opens K&C test facility in California

    North America’s first independent kinematics and compliance (K&C) test facility has been opened by independent test consultancy Dynamic Research Inc (DRI) at its California proving ground. At the center of the operation is the suspension parameter measurement machine (SPMM) test machine, manufactured by sister company AB Dynamics. The facility has been purpose-built for the testing and development of vehicles and will be used by OEMs, suppliers and motorsport teams…

  • Battery maker echoes Elon Musk warning ‘higher for longer’ rates to hit EV sales

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares of LG Energy Solution dropped to a year-low on Wednesday after the South Korean battery producer echoed Tesla chief Elon Musk and warned electric vehicle sales were expected to slow as a result of…

  • New SA lead at automotive technology company – KZN Industrial & Business News

    New SA lead at automotive technology company – KZN Industrial & Business News

    A LEADING international development partner and supplier to the automotive industry, Mahle has appointed a new managing director at its South African operation. After 28 years with the company, five of which were as managing director, Alex Holmes has left Mahle SA and Jürgen Wolf has stepped into the position from October 23. A wealth…

  • Smart cockpit enables closer ties between automotive makers, suppliers

    Smart cockpit enables closer ties between automotive makers, suppliers

    Cars have been transformed into the third living space with smart cockpit technology development. As more display panels are used in a cabin, data privacy, and driver safety have become critical issues that carmakers and suppliers are concerned about… The premium content you are trying to open requires News database subscription. Please sign in if…

  • Electrification and Millennial Preferences Drive Hands-Free Power Liftgate Market, Predicted to Reach $1.9 Billion by 2028

    Electrification and Millennial Preferences Drive Hands-Free Power Liftgate Market, Predicted to Reach $1.9 Billion by 2028

    Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) — The “Hands-Free Power Liftgate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering. The global hands-free power liftgate market has demonstrated remarkable growth, reaching a size of US$ 1.3 Billion in 2022. Projections from industry experts indicate continued expansion,…

  • REE Automotive Initial Order Book Value Jumps to Approximately $40 Million

    • Company’s initial order book value doubles since late August 2023 • Midwest Transit Equipment joins REE’s Authorized Dealer Network and places binding order • Deliveries to Midwest Transit Equipment are planned to begin in Q1 2024 TEL AVIV, Israel, Oct. 25, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company…