MILPITAS, Calif., June 22 (Korea Bizwire) – SafeAI, a global leader in autonomous heavy equipment, today announced $21 million in Series A funding led by Builders VC following a year of significant company growth. The new capital will be used to advance the company’s interoperable autonomous technology through accelerated research and development, and fuel global expansion to meet [...]
ROLLE, Switzerland, June 17 (Korea Bizwire) – Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated technology provider for the automotive industry, today announced it has launched a new software solution focused on Model-Based Predictive Control (MPC) technology with Hyundai Motor Company (HMC). Garrett’s advanced MPC technology is able to predict and preemptively optimize how a system [...]
SEOUL, South Korea, June 15 (Korea Bizwire) — Nexen Tire, a leading global tire manufacturer, today announced that the N’FERA SPORT will feature as original equipment on Volkswagen’s eighth generation Golf and SEAT’s fourth generation Leon, fitted in size 225/45R17 91W. The Golf, also known as the “Hot Hatch,” is Volkswagen’s flagship model and has sold [...]
LOS ANGELES, May 26 (Korea Bizwire) — The recent Brisbane Truck Show (May 13-16, Brisbane Convention & Exhibition Centre, South Brisbane, Australia) held a significant presence for global automotive technology company SEA Electric, showcasing the first-ever public appearance of a full range of operational-ready electric trucks utilizing proprietary SEA-Drive® power systems, new SEA Electric branding, and the [...]
KUALA LUMPUR, MALAYSIA, Jan. 27 (Korea Bizwire) - Six solution ideas were announced as finalists for the City Architecture for Tomorrow Challenge (CATCH) program. The Toyota Mobility foundation (TMF) launched CATCH in February 2020 with a global call for dynamic, intelligent and data-driven solutions to address mobility and city planning challenges in Kuala Lumpur. Despite the [...]
QUEBEC CITY, Nov. 25 (Korea Bizwire) – LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, is proud to have been selected by the MILLA Group as the supplier for their cocoon LiDAR sensor. The MILLA Group has selected the award-winning Leddar™ Pixell as the front-end LiDAR for their MILLA POD autonomous shuttle. The Leddar Pixell is the most [...]
Woodbury, NY, Oct. 29 (Korea Bizwire) — As the leading global provider of vehicles to the expatriate community, International AutoSource (IAS) is proud to announce the expansion of their expat vehicle programs to assist expatriates in Australia. Through this new partnership with Myfleet Lease, expats moving to or currently located in Australia can now access [...]
QUEBEC CITY, Sept. 01, (Korea Bizwire) – LeddarTech®, a leader in ADAS and AD sensor technology, is pleased to announce that Cavonix Ltd. has selected the Leddar™ Pixell sensor technology for its autonomous shuttles and off-road trucking customers. Cavonix Ltd. is a tech start-up based in the United Kingdom that has developed a range of [...]
London, June 8 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced the following updates on the $250 million investment, made through its IVECO commercial vehicle segment, in Nikola Corporation (NASDAQ: NKLA) as a consequence of the completion, on June 3, 2020, of the previously announced merger between VectoIQ Acquisition Corp., a [...]
LEBANON, Beirut, Feb. 21 (Korea Bizwire) — Electra looking to outperform, out price and out class the current EV market by building an ecofriendly supercar fit for the mid-range consumer. The ultimate symbol of strength and renewal, Electra is built with the finest EV technology available. The priority for Electra is to replace the current [...]