Lucid introduces an assistant that can deliver responses from both real-time information domains and large language models SANTA CLARA, Calif. / Jan 02, 2025 / Business Wire / SoundHound AI, Inc. (NASDAQ: SOUN), a global leader in voice artificial intelligence, today announced that Lucid, maker of the world's most advanced electric vehicles, has launched the Lucid Assistant. The Lucid Assistant is a... Read more
Newly Expanded Collaboration on Sensing Data and Sharing of a Freightliner Cascadia Vehicle Platform to Strengthen Safety and Reliability of Autonomous Trucks BLACKSBURG, Va. & MOUNTAIN VIEW, Calif. / Jan 02, 2025 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Torc, an independent subsidiary of Daimler Truck and a pioneer in commercializing self-driving... Read more
Q4 2024 Revenue in the Range of $1.8 to $2.0 Million REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced select preliminary, unaudited financial results for the fourth quarter ended December 31, 2024. Key Financial Highlights for the Fourth Quarter of... Read more
PALO ALTO, Calif., Dec. 30, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar technology, today announced that the company has delivered more than 100,000 lidar units during the month of December, becoming the world's first lidar company to reach this milestone. Meanwhile, Hesai also announced a record number of lidar deliveries for the robotics market, surpassing 20,000... Read more
KONEC's customers and partners aim to integrate Foresight's advanced 3D perception solutions into their vehicles and solutions Ness Ziona, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced the signing of a commercial cooperation agreement with KONEC Co. Ltd. (“KONEC”), a leading... Read more
DALIAN, China, Dec. 27, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer of lithium-ion and sodium-ion batteries and electric energy solutions in China, today announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has secured substantial orders from Anker Innovations Technology Co., Ltd.... Read more
This achievement aims to support Israel Railways future volume procurement The approval also triggers an immediate $300,000 payment Ra’anana, Israel, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced the achievement of a critical project and regulatory... Read more
Expects to Increase Assembly Efficiency by 50%, Reducing Manual Handling, Minimizing Labor, and Enhancing Worker Safety GARLAND, Texas, Dec. 23, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the successful ramp-up of its new assembly line, featuring cutting-edge robotic technology designed to... Read more
Expects to receive NREs from existing programs in 2025-2027, with cash payment of more than $40 million expected in 2025 Ongoing sales of LiDAR products and new programs expected to generate additional revenues throughout 2025 TEL AVIV, Israel, Dec. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance,... Read more
New York, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Fly-E Group, Inc. (Nasdaq: FLYE) (“Fly-E” or the “Company”), an electric vehicle company engaged in designing, installing, selling, and renting smart electric motorcycles, electric bikes, electric scooters, and related accessories, today announced that its flagship e-bike model, the Fly-11 PRO, has been officially selected by the New York City Department of Transportation... Read more
Ness Ziona, Israel, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”) has entered into a multi-phase agreement with SoftBank Corp. (Tokyo: 9434) (“SoftBank”) and a leading Japanese vehicle manufacturer. The... Read more
REDMOND, WA / ACCESSWIRE / December 19, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has increased production capacity for its MOVIA L sensor to meet anticipated demand from the industrial sector. Building on the relationship with its existing automotive Tier 1 manufacturing partner, MicroVision expects output of MOVIA L... Read more
Funding is Part of Advanced Research Projects Agency-Energy (ARPA-E) Program to Develop a Sustainable Critical Minerals Supply Chain ANN ARBOR, Mich., Dec. 18, 2024 /PRNewswire/ -- Toyota announced today that Toyota Engineering & Manufacturing North America, Inc. (TEMA), inclusive of Toyota Motor North America (TMNA) R&D, has been selected to receive $4.5 million in funding from the U.S. Department of... Read more
MAUMEE, Ohio, Dec. 18, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the new AdvanTEK® 40 Pro axle system, the next evolution of its distinguished 40,000-pound 6x4 tandem axle system. Designed to meet evolving commercial vehicle fleet requirements with increased efficiency and enhanced overall productivity, the AdvanTEK 40 Pro axle system includes the fastest axle ratio at 2.05 for... Read more
Fully Enclosed Cabs Equipped with Heating and Air Conditioning Ensure Usability and Protection in all Weather Conditions GARLAND, Texas, Dec. 18, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of the MVR HVAC Golf Cart and MVR HVAC Utility Carts, the latest additions to the popular MVR... Read more
Draganfly’s medical drone delivery infrastructure offers new model for future improvement in service time for Home Hospital care Boston, MA., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc.(NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, today announced the successful completion of initial flights as part of a... Read more
QUEBEC CITY, Canada, Dec. 18, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is pleased to announce financial results for its fiscal year 2024, which ended on September 30, 2024. “I am pleased... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a leader in high-performance power conversion technologies, is pleased to announce the signing of a Memorandum of Understanding (MOU) with Systematec GmbH, a Germany-based engineering firm specializing in power electronics design and system integration. This MOU underscores the companies' commitment to strengthening their collaborative... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a leading innovator in power conversion technologies, has successfully concluded its 2024 customer demonstrations with outstanding results. Through extensive demonstration tests performed at automotive manufacturers' and suppliers' facilities, as well as at Systematec GmbH's facilities in Germany, the Company's Zero Voltage Switching (ZVS)... Read more
TORONTO, ON / ACCESSWIRE / December 16, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is proud to announce that its Infinity Series Lithium Ion Phosphate (LFP) based cell have successfully achieved UL2580 recognition. This milestone underscores the exceptional safety and reliability of Electrovaya's battery... Read more
Public and private industry partners from each sector of the electric vehicle (EV) circular supply-chain chosen to establish real world environment to train and develop next generation battery and EV workforce. American Battery Technology Company (ABTC), representing battery recycling sector, to support the development of a new U.S. energy manufacturing workforce alongside public and private partners such as the... Read more
BOZEMAN, Montana / Dec 12, 2024 / Business Wire / Aurora Innovation, Inc. (NASDAQ: AUR), a leader in autonomous trucking technology, today announced the opening of its new 78,000 square-foot office and testing facility in Bozeman, Montana. Located on Montana State University’s Innovation Campus, the space builds upon the university’s 30-year history of producing industry-leading photonics engineers and... Read more
QUEBEC CITY, Canada, Dec. 12, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has received the first full installment of the advanced royalty payments provided under the strategic collaboration agreement and... Read more
Revenue of $44.6M with $4M Adjusted EBITDA1 (6th Consecutive Positive Quarter) Historic Positive Cash Flow from Operations and Improved Gross Margins Approval of $51million direct loan from The Export-Import Bank of the United States expected to fund Electrovaya's lithium ion cell and battery manufacturing facility in Jamestown, New York Removal of Going Concern note in the financial statements due to improved... Read more
Helping Drive Next Phase of Growth and Efficiency for the Company ORLANDO, Fla. / Dec 12, 2024 / Business Wire / Today, Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced certain key executive updates that include Alex Fishkin joining as Chief Legal Officer, Michael Southard as Vice President of Engineering, and Marc Losiewicz appointed as Chief Business Officer and General... Read more
The agreement will see Mobileye integrate Innoviz LiDARs into its autonomous vehicle platform for testing and deployment with key customers Mobileye Drive™ platform for autonomous driving has been adopted by significant vehicle producers globally, including VW Commercial Vehicles, Schaeffler / VDL, Holon, and Verne The use of state-of-the-art Innoviz LiDARs for this generation of the Mobileye Drive™ platform... Read more
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (Nasdaq: NEOV) (“NeoVolta”), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent (“LOI”) with Expion360 Inc. (Nasdaq: XPON) (“Expion360”), a renowned expert in battery design and engineering, and an industry leader in lithium-ion battery power storage solutions. The LOI provides the... Read more
MAUMEE, Ohio, Dec. 11, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that Nora LaFreniere has been appointed to the company's board of directors, effective immediately. Ms. LaFreniere serves as the Executive Vice President and General Counsel of Otis Worldwide Corporation, a global, publicly traded company. In this role, she oversees the company's global legal, compliance, business... Read more
QUEBEC CITY, Canada, Dec. 09, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, today announced that LeddarTech and Texas Instruments (“TI”) have entered into a strategic collaboration agreement and a software license agreement to enable... Read more
The agreement aims to integrate advanced 3D perception solutions into the vehicles and solutions of KONEC's customers and partners across a wide range of sectors, including passenger and commercial vehicles, autonomous logistics vehicles, geofenced autonomous vehicles, as well as agriculture and heavy machinery Ness Ziona, Israel, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and... Read more
SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of... Read more
MONTRÉAL, QUEBEC / ACCESSWIRE / December 8, 2024 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing... Read more
Launch represents the first time autonomous vehicles are available on the Uber platform outside of the U.S. Marks the largest commercial robotaxi service outside the U.S. and China. WeRide vehicles will be available for eligible Uber trips in key areas, including Al Saadiyat Island, Yas Island, and routes to and from Abu Dhabi International... Read more
SHANGHAI, Dec. 6, 2024 /PRNewswire/ -- Today, Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced an exclusive series production design win with Great Wall Motor, covering several models across its two brands. These models will feature Hesai's ATX, an ultra-compact high-resolution long-range lidar, scheduled for mass production starting in 2025. Great Wall Motor, a leading... Read more
Initially the parties will collaborate to develop and bring to market advanced 3D perception solutions for Bumhan’s autonomous electric buses, with plans to expand their offerings into semi- and fully autonomous solutions for commercial vehicles Ness Ziona, Israel, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator... Read more
EUV25 EPower kit is the next-generation electric conversion kit for Landcruisers Automechanika Dubai to be held from 10-12 December 2024 Estimated 60,000 attendees from over 160 countries registered to attend Automechanika Dubai is the largest automotive aftermarket solutions show in the region Tembo to follow up by hosting regional off-road drive days in the first quarter of calendar 2025 LONDON, Dec. 06,... Read more
Achieving this final key goal of 2024 enables the company’s higher-volume sample production in 2025 SAN JOSE, Calif. / Dec 05, 2024 / Business Wire / QuantumScape Corporation (NYSE: QS), a leader in solid-state lithium-metal battery technology, today announced that next-generation heat treatment equipment for its separator production process, Cobra, has been developed, delivered, installed and released for... Read more
SHANGHAI, Dec. 5, 2024 /PRNewswire/ -- Hesai (NASDAQ: HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Changan Automobile's new intelligent driving platform. The order volume for Hesai's ATX compact lidar model, released in April of this year, is expected to exceed 1.5 million units over the next few years. According to the... Read more
NORTON, Mass., Dec. 05, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) (“CPS” or the “Company”) today announced the appointment of I. James Cavoli to its Board of Directors. Jim currently serves as president of Swagelok Company, a worldwide manufacturer of fluid system components and engineered assemblies. Jim was appointed chief operating officer of Swagelok Company in 2020 and named president in... Read more
The designated SaaS platform is a new offering by the Company for its existing and future customers Ra’anana, Israel, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announces its new Software as a Service (SaaS) platform called D.A.S.H. — an innovative approach to rail... Read more
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