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Automotive Keyless Entry Systems Market to Cross USD 4.78 billion with Highest CAGR of 9.92% by 2031, Due to Consumer preferences towards convenience and advanced technologies
Automotive Keyless Entry Systems Market Size, Share, Growth Analysis, Competitors and Forecast 2024 The Automotive Keyless Entry Systems Market Share was assessed at USD 1.98 billion in 2023 and is predicted to reach USD 4.78 billion by 2031, growing at a 9.92% CAGR from 2024 to 2031. Automotive keyless entry is a new generation vehicle access…
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REE Automotive Delivers Full By-Wire P7-C EV to Penske Truck Leasing
REE Automotive, an automotive technology company and provider of full by-wire electric trucks and platforms, recently delivered a P7-C electric truck to Penske Truck Leasing, which will be used to demo the software-driven P7-C electric truck to customers interested in electrifying their fleets. “We are looking forward to adding REE’s by-wire vehicle to our electric…
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Tesla’s Auto Park Update Completes the FSD Puzzle: Here’s What You Need to Know
Tesla has made significant strides in its Full Self-Driving (FSD) technology, with the recent update to its Auto Park feature marking a critical milestone. The advancements were highlighted in tweets and expert discussions brought to light by the Hans Nelson YouTube channel, including notable contributions from Elon Musk. Here’s a detailed look at how these…
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Careerline Tech Center Program revs up future careers in the automotive industry
GRAND RAPIDS, Mich. (ABC 4)- Careerline Tech Center in Ottawa County prepares students for the workforce by providing pathways to many industries, including Automotive Technology. In the Automotive Technology Program, students learn about steering and suspension, electrical systems, engine performance, heating/AC, braking systems, engine rebuild, and manual and automotive transmissions, but the learning doesn’t end here. …
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Xcite Automotive adds former HomeNet COO as new chief commercial officer
Automotive technology provider Xcite Automotive has named Andy McBride as its new chief commercial officer. McBride’s background includes more than 19 years with HomeNet Automotive, a Cox Automotive company, including stints as vice president of business development and chief operating officer. Xcite said McBride’s “deep understanding of the automotive market” will be instrumental in accelerating…
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Stellantis faces labor challenges amid UAW contract fallout, spotlight on EMMA Systems in aviation technology
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us. We’ve discussed before on this segment that last year’s…
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Asia’s tech and auto suppliers weigh up impact of U.S. tariff hike
TOKYO — From component makers to battery suppliers, Asian companies are bracing for the impact of U.S. President Joe Biden’s tariff hikes on imports of Chinese electric vehicles, EV batteries and materials. South Korean tech conglomerate Samsung is asking automotive suppliers to provide non-China production options due to concerns over the higher U.S. tariffs, sources…
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‘We wanted to disrupt the market with XUV 3XO’: R Velusamy, President, Automotive Technology & Product Development Mahindra & Mahindra Ltd
Mahindra recently launched its under 10 Lakh XUV in India called Mahindra XUV 3XO in India. Tech Today’s Aayush Ailawadi spoke to R Velusamy, President, Automotive Technology and Product Development, Mahindra & Mahindra Ltd. They spoke about the safety features, tech features, performance, design and the pricing of the car. In terms of design, this…
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REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024
TEL AVIV, Israel, May 17, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its first quarter 2024 financial results before market open on Thursday, May 30, 2024. A webcast and conference call…
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Auto lenders embrace AI to balance risk and reward
Whether increasing deal efficiency or automating credit decisions and assessing risk, AI and machine learning are core to how auto lenders innovate today and plan for the future. Advances in technology, however, often come with risk. From fraud to potential financial losses, auto finance industry players are working through the risks to find the rewards…