AUTO

Personalisation Drives Auto Accessories Market Growth in KSAJanuary 18, 2018

The auto accessories market in the Kingdom of Saudi Arabia (KSA) is witnessing steady growth bolstered by a growing population and use of personal vehicles due to limited public transportation. Personalisation is quickly becoming a strong differentiator as customers look for ways to make their vehicles stand out. As automotive demand in the region remains weak, accessories become a viable option to boost dealers’ profitability.

Frost &"...

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Panasonic Develops Scalable ''ePowertrain'' Platform for Small EVs January 15, 2018

(AETOS Wire) -- Panasonic Corporation announced on Jan. 9, 2018 that it has developed a scalable 'ePowertrain' platform, a solution for the effective development of small electric vehicles (EVs). The platform is a systematized application of devices used in the EVs of major global carmakers, and is intended to contribute to the advancement of the coming mobility society.

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ABB and Formula E Partner to Write the Future of E-MobilityJanuary 9, 2018

(AETOS Wire) -- ABB and Formula E are teaming up in a ground-breaking partnership to champion e-mobility for a sustainable future. Since its first race in Beijing in September 2014, Formula E has established itself as the number one all-electric international motor sport. In the next level of development, global pioneering technology leader ABB is bringing its name and innovation and technology leadership to the series, which will be now known as the “ABB FIA Formula E Championship.”

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Maxion Wheels to Open New Passenger Car Aluminum Wheel Plant in Pune, India January 9, 2018

(AETOS Wire) -- Maxion Wheels, the world’s largest wheel manufacturer, announced today the formation of a new legal entity, Maxion Wheels Aluminum India Private Limited, as a key step in its plan to develop and produce up to four million light vehicle aluminum wheels annually in India. The Company has secured property in Pune, India and will initially build a 25,000 square meters manufacturing plant with annual capacity of two million wheels beginning production expected for"...

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Realigned Business Models Set to Support Companies in a Challenging KSA Automotive Parts AftermarketJanuary 9, 2018

The Kingdom of Saudi Arabia’s (KSA) automotive parts aftermarket is undergoing significant changes that are pushing companies to realign their business models with new conditions. Declining demand for new cars, growing competition, and change in brand preferences are opening up fresh business opportunities for parts suppliers, distributors, and retailers.

Frost & Sullivan’s industry docket,"...

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WayRay to Demo First Ever Holographic AR Navigation System with SDK Availability at CES 2018January 4, 2018

(AETOS Wire)-- WayRay, a Swiss developer of holographic AR navigation systems for cars, is coming to CES 2018 to demonstrate cutting-edge technologies: - NAVION, the world’s first ever holographic AR navigator - An advanced version of the embedded Holographic AR Display - True AR SDK for Holographic AR Displays - Element, a gamified car tracker for smarter driving NAVION gets its first ever public showcase after 4 years of R&D. For OEMs, WayRay will demonstrate the new multicolored version of the world’s first holographic AR Infotainment System for cars. Following the first successful demo in the Rinspeed Oasis Car at CES 2017, this year we are proud to show off its newest version. It has an extremely wide field of view and even smaller projector's volume. For developers, WayRay will demo our True AR SDK and announce the AR Developers Contest & Hackathon with a total prize......

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Velodyne Slashes the Price in Half of Its Most Popular LiDAR SensorJanuary 2, 2018

(AETOS Wire) -- Led by inventor and entrepreneur David Hall, Velodyne LiDAR – the world leader in 3D vision systems and advanced safety for autonomous vehicles – today announced a significant cost reduction for its VLP-16 Puck, which will spur hope and excitement for the development of safe autonomous vehicles that are accessible to all. Velodyne’s most popular LiDAR sensor, the VLP-16, is now offered to customers around the world for up to a 50 percent cost reduction.

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Alesayi Motors Launch Mitsubishi Attrage, the New Eco-Friendly Compact SedanDecember 28, 2017

Alesayi Motors, official distributor of Mitsubishi vehicles in Saudi Arabia hosted a ceremony to launch Mitsubishi Attrage, the all-new compact Sedan; in the presence of HE Masahiko Takahashi, President of Mitsubishi Motors Middle East & Africa FZE (MMMEA).

“The Mitsubishi Attrage is a compact eco-friendly car, currently manufactured at the Mitsubishi Motors operation in Thailand. Along with"...

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Gov’t urged not to increase custom duties on small-engine hybrid vehicles December 23, 2017

Automobile agents on Thursday urged the government against increasing custom duties on small-engine hybrid vehicles, warning that such a decision would “shrink” the sector and cast “grave ramifications” on traders and buyers/users alike.

In a press conference, the Jordan Automobile Agents and Automotive Parts and Accessories Association called on the government not to raise the custom fees on hybrid vehicles from the current"...

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Milrem Robotics Brings Autonomous Warfare Capabilities to the BattlefieldDecember 20, 2017

(AETOS Wire)-- Milrem Robotics took the first step towards providing combat units with autonomous warfare systems last week when it successfully reached and demonstrated a significant milestone in its autonomy program – waypoint navigation.

The autonomous solution was tested on the THeMIS unmanned ground vehicle (UGV), also a product of Milrem Robotics.

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