Remove Automotive Remove Definition Remove Sourcing
article thumbnail

REE Automotive Announces Global Manufacturing Agreement with Leading Automotive Supplier Motherson Group Making Strategic Investment in a $45.35 Million Registered Direct Offering Led By M&G

i4.0 today

Pursuant to the agreement, Motherson will manage sourcing and supply chain of all production parts and support the assembly of the REEcorner® and REE P7 electric trucks, the first full by-wire, software-driven certified medium duty electric truck available on the market today. About REE Automotive REE Automotive Ltd.

article thumbnail

Automotive lidar’s role growing because of increased use of autonomous vehicles

Control Engineering

IDTechEx is predicting the automotive lidar market to grow to $8.4 Why lidar is important for automotive applications Various sensors are essential to enable ADAS and AV systems, including cameras, radars, ultrasonic systems, etc. Ultrasonic systems are very cheap but have a very short detection range.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IDTechEx gives autonomous vehicle market outlook for the next 20 years

Robotics Business Review

Illustration of the levels of vehicle autonomy based on the definition from the Society of Automotive Engineers. Source: IDTechEx More than 90% of road traffic accidents happen because of human error, so the importance of autonomy and its potential safety benefits cannot be overlooked. and China in recent years.

article thumbnail

The Sparkplug Specification Is Now an ISO/IEC Standard 

Gary Mintchell

Sparkplug has been developed as open source way for engineers to standardize their messages from IIoT devices to databases. The Eclipse Foundation , one of the world’s largest open source software foundations, in collaboration with the Eclipse Sparkplug Working Group, announced that the Sparkplug 3.0

Sourcing 147
article thumbnail

Arbe Robotics to bring in up to $49M in IPO for perception radar systems

Robotics Business Review

Source: Arbe Robotics Arbe Robotics Ltd. Source: Arbe Robotics More about the IPO The ordinary shares were accompanied by Tranche A warrants to purchase up to 8.2 The Phoenix Perception Radar enriches algorithms for advanced capabilities including free space mapping, object tracking, and SLAM.

article thumbnail

Explore Global Innovation Hub for Manufacturing

i4.0 today

This event will bring together six leading exhibitions, providing a comprehensive platform for innovation and synergy across key industries in the world of advanced manufacturing, including automotive, electronics, smart display and advanced materials industries.

article thumbnail

Mitsubishi Electric’s Project Jabiru Unveils the Look, Feel, and Features of Next-generation Automotive In-cabin Systems

Frost & Sullivan Manufacturing

Mitsubishi Electric’s recent announcement of Project Jabiru marks another step in the development of next-generation automotive in-cabin systems. Today, almost a quarter of all automotive problems stem from the infotainment system. This declutters the screen and reduces the burden of scrolling through multiple information sources.