Arriver™ presents software stack for Advanced Driver Assistance and semi-autonomous driving

STOCKHOLM, Jan. 27, 2021 /PRNewswire/ — Arriver™ today presents the capabilities of its next generation software stack for Advanced Driver Assistance and (ADAS) and semi-autonomous driving. The presentation by Arriver’s Head of Technology, Salah Hadi at Qualcomm’s annual Automotive Summit outlines how Arriver™ will provide a leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving in 2024.

Arriver is developing this next generation software stack to…

STOCKHOLM, Jan. 27, 2021 /PRNewswire/ — Arriver™ today presents the capabilities of its next generation software stack for Advanced Driver Assistance and (ADAS) and semi-autonomous driving. The presentation by Arriver’s Head of Technology, Salah Hadi at Qualcomm’s annual Automotive Summit outlines how Arriver™ will provide a leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving in 2024.

Arriver is developing this next generation software stack to be an open, flexible and scalable solution which will allow automotive manufacturers and automotive suppliers to, based on a robust software platform, tailor and customize solutions to their specific needs based on their individual product development strategies.

The software stack consists of a fifth-generation perception stack which is built on almost two decades of development of vision-based perception. The fifth generation will provide high resolution, using 8-megapixel cameras, allowing for higher framerates and provide a wider field of view of 120 degrees, compared to today’s solutions.

The Arriver stack will provide full NCAP ratings and include features like Automatic Cruise Control, Pilot Assist, Glare Free High Beam, Lane Keep Assist, and Traffic Jam Assist supported by state of the art deep learning based detection functions like full 3D vehicle detection, pedestrians, bicycles, motor cycles as well as traffic signs, traffic lights. On top of that it will enable innovative solutions for determining drive free space and challenging police restricted and road work scenarios.

The development uses the next generation of Arrivers Convolutional Neural Network (CNN), which is up to 100 time more powerful than the current generation and will allow for the higher accuracy necessary for Level 3 applications and beyond, when the car takes over responsibility for the driver.

The Arriver software will include up-to-date fusion capabilities, catering for simultaneous input from a number of different sensor types beyond vision, including radar, lidar, driver monitoring, thermal sensing, and ultrasonic sensor for short range (parking) application.

Arriver‘s second generation drive policy; which will drive the vehicles decision making and actuation of the cars movement; will be developed and offered as part of the full software solution.

The drive policy stack will further allow for up to 12 cameras, creating a high resolution, real time image of the environment around the vehicle. This capability will pave the way for fully autonomous driving in most scenarios and be Level 3 and higher capable from its introduction in production vehicles by 2024.

Using the latest artificial intelligence and deep learning techniques both the perception and drive policy software will be able to support active learning, allowing for improved functionality over time with limited need for human interaction. In addition, Arriver is using advanced annotation concepts like non-causal stereo vision for automatic ground truth generation, leveraging the strong stereo vision knowledge and extensive data base. Non-causal stereo is moving detailed stereo information from future frames to the current frame, generating accurate ground truth for training and validation.

As its main System on a Chip (SoC) hardware platform Arriver will use the Qualcomm® Snapdragon Ride™  platform expanded to support all tiers from L1 to L3 and above systems,  which will bring industry leading performance and power management and a range of options allowing for a scalable system suitable for mass market cars as well as pushing the envelope for what is possible  in the high-end premium vehicle market.

In summary, Arriver software will be scalable and flexible, delivering industry leading performance in a new way not available in the market today. The software is going to be available to all auto manufacturers and Tier1 suppliers, and this will allow car manufacturers to create fantastic driving experience tailored to their own specific needs.

The Technology Deep Dive will be presented by Salah Hadi at Qualcomm’s automotive day on January 27, 2021.

For more information please contact:
Thomas Jönsson, EVP Communications & IR,
thomas.jonsson@veoneer.com, tel +46 (0)8 527 762 27

Arriver

Arriver, a new software unit and brand which will be fully focused on further developing perception, fusion and drive policy software for the next generation cars. It builds on more than a decade of experience in Active Safety software development and will deliver an open, scalable and flexible architecture solution running on Qualcomm® Snapdragon Ride™ System on a Chip (SoC) platform. Arriver is a wholly owned unit within Veoneer (NYSE: VNE and SSE: VNE-SDB)

This information was brought to you by Cision http://news.cision.com

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Arriver™ presents software stack for Advanced Driver Assistance and semi-autonomous driving

STOCKHOLM, Jan. 27, 2021 /PRNewswire/ — Arriver™ today presents the capabilities of its next generation software stack for Advanced Driver Assistance and (ADAS) and semi-autonomous driving. The presentation by Arriver’s Head of Technology, Salah Hadi at Qualcomm’s annual Automotive Summit outlines how Arriver™ will provide a leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving in 2024.

Arriver is developing this next generation software stack to…

STOCKHOLM, Jan. 27, 2021 /PRNewswire/ — Arriver™ today presents the capabilities of its next generation software stack for Advanced Driver Assistance and (ADAS) and semi-autonomous driving. The presentation by Arriver’s Head of Technology, Salah Hadi at Qualcomm’s annual Automotive Summit outlines how Arriver™ will provide a leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving in 2024.

Arriver is developing this next generation software stack to be an open, flexible and scalable solution which will allow automotive manufacturers and automotive suppliers to, based on a robust software platform, tailor and customize solutions to their specific needs based on their individual product development strategies.

The software stack consists of a fifth-generation perception stack which is built on almost two decades of development of vision-based perception. The fifth generation will provide high resolution, using 8-megapixel cameras, allowing for higher framerates and provide a wider field of view of 120 degrees, compared to today’s solutions.

The Arriver stack will provide full NCAP ratings and include features like Automatic Cruise Control, Pilot Assist, Glare Free High Beam, Lane Keep Assist, and Traffic Jam Assist supported by state of the art deep learning based detection functions like full 3D vehicle detection, pedestrians, bicycles, motor cycles as well as traffic signs, traffic lights. On top of that it will enable innovative solutions for determining drive free space and challenging police restricted and road work scenarios.

The development uses the next generation of Arrivers Convolutional Neural Network (CNN), which is up to 100 time more powerful than the current generation and will allow for the higher accuracy necessary for Level 3 applications and beyond, when the car takes over responsibility for the driver.

The Arriver software will include up-to-date fusion capabilities, catering for simultaneous input from a number of different sensor types beyond vision, including radar, lidar, driver monitoring, thermal sensing, and ultrasonic sensor for short range (parking) application.

Arriver‘s second generation drive policy; which will drive the vehicles decision making and actuation of the cars movement; will be developed and offered as part of the full software solution.

The drive policy stack will further allow for up to 12 cameras, creating a high resolution, real time image of the environment around the vehicle. This capability will pave the way for fully autonomous driving in most scenarios and be Level 3 and higher capable from its introduction in production vehicles by 2024.

Using the latest artificial intelligence and deep learning techniques both the perception and drive policy software will be able to support active learning, allowing for improved functionality over time with limited need for human interaction. In addition, Arriver is using advanced annotation concepts like non-causal stereo vision for automatic ground truth generation, leveraging the strong stereo vision knowledge and extensive data base. Non-causal stereo is moving detailed stereo information from future frames to the current frame, generating accurate ground truth for training and validation.

As its main System on a Chip (SoC) hardware platform Arriver will use the Qualcomm® Snapdragon Ride™  platform expanded to support all tiers from L1 to L3 and above systems,  which will bring industry leading performance and power management and a range of options allowing for a scalable system suitable for mass market cars as well as pushing the envelope for what is possible  in the high-end premium vehicle market.

In summary, Arriver software will be scalable and flexible, delivering industry leading performance in a new way not available in the market today. The software is going to be available to all auto manufacturers and Tier1 suppliers, and this will allow car manufacturers to create fantastic driving experience tailored to their own specific needs.

The Technology Deep Dive will be presented by Salah Hadi at Qualcomm’s automotive day on January 27, 2021.

For more information please contact:
Thomas Jönsson, EVP Communications & IR,
thomas.jonsson@veoneer.com, tel +46 (0)8 527 762 27

Arriver

Arriver, a new software unit and brand which will be fully focused on further developing perception, fusion and drive policy software for the next generation cars. It builds on more than a decade of experience in Active Safety software development and will deliver an open, scalable and flexible architecture solution running on Qualcomm® Snapdragon Ride™ System on a Chip (SoC) platform. Arriver is a wholly owned unit within Veoneer (NYSE: VNE and SSE: VNE-SDB)

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/arriver/r/arriver–tm–presents-software-stack-for-advanced-driver-assistance-and-semi-autonomous-driving,c3274988

The following files are available for download:

Arriver™ presents software stack for Advanced Driver Assistance and semi-autonomous driving

STOCKHOLM, Jan. 27, 2021 /PRNewswire/ — Arriver™ today presents the capabilities of its next generation software stack for Advanced Driver Assistance and (ADAS) and semi-autonomous driving. The presentation by Arriver’s Head of Technology, Salah Hadi at Qualcomm’s annual Automotive Summit outlines how Arriver™ will provide a leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving in 2024.

Arriver is developing this next generation software stack to…

STOCKHOLM, Jan. 27, 2021 /PRNewswire/ — Arriver™ today presents the capabilities of its next generation software stack for Advanced Driver Assistance and (ADAS) and semi-autonomous driving. The presentation by Arriver’s Head of Technology, Salah Hadi at Qualcomm’s annual Automotive Summit outlines how Arriver™ will provide a leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving in 2024.

Arriver is developing this next generation software stack to be an open, flexible and scalable solution which will allow automotive manufacturers and automotive suppliers to, based on a robust software platform, tailor and customize solutions to their specific needs based on their individual product development strategies.

The software stack consists of a fifth-generation perception stack which is built on almost two decades of development of vision-based perception. The fifth generation will provide high resolution, using 8-megapixel cameras, allowing for higher framerates and provide a wider field of view of 120 degrees, compared to today’s solutions.

The Arriver stack will provide full NCAP ratings and include features like Automatic Cruise Control, Pilot Assist, Glare Free High Beam, Lane Keep Assist, and Traffic Jam Assist supported by state of the art deep learning based detection functions like full 3D vehicle detection, pedestrians, bicycles, motor cycles as well as traffic signs, traffic lights. On top of that it will enable innovative solutions for determining drive free space and challenging police restricted and road work scenarios.

The development uses the next generation of Arrivers Convolutional Neural Network (CNN), which is up to 100 time more powerful than the current generation and will allow for the higher accuracy necessary for Level 3 applications and beyond, when the car takes over responsibility for the driver.

The Arriver software will include up-to-date fusion capabilities, catering for simultaneous input from a number of different sensor types beyond vision, including radar, lidar, driver monitoring, thermal sensing, and ultrasonic sensor for short range (parking) application.

Arriver‘s second generation drive policy; which will drive the vehicles decision making and actuation of the cars movement; will be developed and offered as part of the full software solution.

The drive policy stack will further allow for up to 12 cameras, creating a high resolution, real time image of the environment around the vehicle. This capability will pave the way for fully autonomous driving in most scenarios and be Level 3 and higher capable from its introduction in production vehicles by 2024.

Using the latest artificial intelligence and deep learning techniques both the perception and drive policy software will be able to support active learning, allowing for improved functionality over time with limited need for human interaction. In addition, Arriver is using advanced annotation concepts like non-causal stereo vision for automatic ground truth generation, leveraging the strong stereo vision knowledge and extensive data base. Non-causal stereo is moving detailed stereo information from future frames to the current frame, generating accurate ground truth for training and validation.

As its main System on a Chip (SoC) hardware platform Arriver will use the Qualcomm® Snapdragon Ride™  platform expanded to support all tiers from L1 to L3 and above systems,  which will bring industry leading performance and power management and a range of options allowing for a scalable system suitable for mass market cars as well as pushing the envelope for what is possible  in the high-end premium vehicle market.

In summary, Arriver software will be scalable and flexible, delivering industry leading performance in a new way not available in the market today. The software is going to be available to all auto manufacturers and Tier1 suppliers, and this will allow car manufacturers to create fantastic driving experience tailored to their own specific needs.

The Technology Deep Dive will be presented by Salah Hadi at Qualcomm’s automotive day on January 27, 2021.

For more information please contact:
Thomas Jönsson, EVP Communications & IR,
thomas.jonsson@veoneer.com, tel +46 (0)8 527 762 27

Arriver

Arriver, a new software unit and brand which will be fully focused on further developing perception, fusion and drive policy software for the next generation cars. It builds on more than a decade of experience in Active Safety software development and will deliver an open, scalable and flexible architecture solution running on Qualcomm® Snapdragon Ride™ System on a Chip (SoC) platform. Arriver is a wholly owned unit within Veoneer (NYSE: VNE and SSE: VNE-SDB)

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/arriver/r/arriver–tm–presents-software-stack-for-advanced-driver-assistance-and-semi-autonomous-driving,c3274988

The following files are available for download:

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SOURCE Arriver

FlexGen, KPP Team Up to Deliver Kansas’ Solomon Energy Storage Center

DURHAM, N.C., Jan. 27, 2021 /PRNewswire/ — FlexGen, a leading energy storage technology company, announced that it is partnering with The Kansas Power…

DURHAM, N.C., Jan. 27, 2021 /PRNewswire/ — FlexGen, a leading energy storage technology company, announced that it is partnering with The Kansas Power Pool (KPP), to design, build and operate the Solomon Energy Storage Center in Minneapolis, Kansas. KPP is a member-driven public power organization which procures energy and transmission service for community-owned electric utilities across Kansas. 

«FlexGen is proud to serve KPP and the people of Kansas on this record-setting battery storage project.» Alan Grosse, COO

When commissioned at the end of the year, the Solomon Energy Storage Center will deliver a total of 1 MW of power – with enough energy to supply four hours of power to more than 250 homes when the utility’s members need it most. The FlexGen battery system also includes a «black start» capability for the utility to use if the grid goes offline. «Black start» is often compared to jumpstarting a car, where the FlexGen battery system provides the power needed to jumpstart backup generators that put more power onto the grid.

«The Solomon Energy Storage Center is another example of KPP delivering on its mission to provide cost-effective and reliable public power and services for our community of members,» says Mark Chesney, KPP’s CEO and General Manager. «We are pleased to work with FlexGen on this important project that will add resiliency and reduce costs.» Kelson Energy is providing project development, market analytics and implementation support to KPP on the project.

Kansas’ largest battery storage project
Sized at 5.1 MWh, the Solomon Energy Storage Center will be the largest battery project in Kansas, according to Bloomberg New Energy Finance data. Kelson Energy is providing project development, market analytics and implementation support to KPP on the project. The battery system operates on FlexGen’s energy management software platform, FlexGen HybridOS, which enables the seamless export of power onto the grid when it’s most needed – during times of peak demand or when weather disrupts the grid. During off-peak times the battery storage systems will charge when power prices are lower.

«FlexGen is proud to serve KPP and the people of Kansas on this record-setting battery storage project,» says Alan Grosse, COO of FlexGen. «The Solomon Energy Storage Center exemplifies how the FlexGen HybridOS platform enables utilities to affordably offer dependable energy storage for their customers.»

About FlexGen 
FlexGen is the second-largest U.S. energy storage technology company, and first in Texas with 80% market share. Leveraging its best-in-class energy management software and power electronics, FlexGen delivers utility-scale storage projects integrated with traditional and renewable power generation globally. Our customers and partners include the most technically and commercially demanding developers, utilities, government agencies and industrial companies in the world. For more information, visit www.flexgen.com.

MEDIA CONTACT:
Karen Carrera, 972-207-1935
karen@mckeemanpr.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/flexgen-kpp-team-up-to-deliver-kansas-solomon-energy-storage-center-301215636.html

SOURCE FlexGen

Darden Restaurants Helps Feeding America® Food Banks In Five States Add Mobile Food Pantries To Serve Communities In Need

ORLANDO, Fla., Jan. 27, 2021 /PRNewswire/ — As part of the company’s ongoing efforts to fight hunger, Darden Restaurants has partnered with Feeding America® to enhance mobile food pantry programs in areas with higher levels of food insecurity, including communities of color. Through a $500,000 grant from the Darden Restaurants, Inc. Foundation and additional support from Darden’s partners, Penske Truck Leasing and Lineage Logistics,…

ORLANDO, Fla., Jan. 27, 2021 /PRNewswire/ — As part of the company’s ongoing efforts to fight hunger, Darden Restaurants has partnered with Feeding America® to enhance mobile food pantry programs in areas with higher levels of food insecurity, including communities of color. Through a $500,000 grant from the Darden Restaurants, Inc. Foundation and additional support from Darden’s partners, Penske Truck Leasing and Lineage Logistics, five Feeding America food banks will each receive a 26-foot refrigerated box truck to help increase access to nutritious food and address transportation needs.

«As a restaurant company, we are uniquely positioned to make a meaningful difference in the fight against hunger, and we are proud to partner with Feeding America to make a positive impact in communities where it is needed most,» said Gene Lee, Chairman and CEO of Darden. «Mobile food pantries are an important tool to help food banks meet the increased need caused by the pandemic. These vehicles will help Feeding America food banks in five different states directly distribute a large supply of food in their communities for years to come.»

Due to the coronavirus pandemic, Feeding America projects that one in six people could experience food insecurity, and people of color are even more likely to face hunger. According to data from the U.S. Department of Agriculture, when compared to white households, black households are 2.4 times more likely to be food insecure, and Hispanic households are two times more likely.

«Hunger in America is a devastating reality for millions of our neighbors. The pandemic has created an increased need for food assistance and caused major disruptions for charitable food distribution,» said Claire Babineaux-Fontenot, Chief Executive Officer for Feeding America. «Mobile food pantries are a critical solution to addressing both concerns. These refrigerated vehicles will remove significant barriers to getting food to vulnerable populations in five different communities. We are grateful to Darden, Penske and Lineage for making this possible.»

Feeding America helped identify food banks serving communities of color with disproportionately high levels of food insecurity and the need to increase their mobile food pantry capacity to serve neighbors facing hunger. Food banks receiving this gift include:

  • Feeding the Valley Food Bank in Midland, Ga.
  • Food Bank of Northwest Louisiana in Shreveport, La.
  • Mid-South Food Bank in Memphis, Tenn.
  • San Antonio Food Bank in San Antonio, Texas
  • Second Harvest of Central Florida in Orlando, Fla.

Darden and the Darden Foundation have a long-standing commitment to help fight hunger and have been partners with Feeding America for more than 10 years. Since 2018, the Darden Foundation has provided $6.5 million to support member food banks across all 50 states.

These efforts go hand-in-hand with Darden’s Harvest program. Each day, every Darden restaurant collects surplus, wholesome food that is not served to guests and prepares it for donation to local nonprofit partners. Since its inception, more than 120 million pounds of food — totaling more than 100 million meals — have been donated through the Harvest program.

About Darden Restaurants and The Darden Foundation
Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V’s. For more information, please visit www.darden.com.

The Darden Foundation works to bring to life our spirit of service through its philanthropic support of charitable organizations across the country. Since 1995, The Darden Foundation has awarded more than $90 million in grants to non-profit organizations such as Feeding America, National Restaurant Association Educational Foundation (NRAEF) and American Red Cross.

About Feeding America
Feeding America® is the largest hunger-relief organization in the United States. Through a network of 200 food banks and 60,000 food pantries and meal programs, we provide meals to more than 40 million people each year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; educates the public about the problem of hunger; and advocates for legislation that protects people from going hungry. Visit http://www.feedingamerica.org, find us on Facebook or follow us on Twitter.

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SOURCE Darden Restaurants, Inc.

Worldwide Electronic Power Steering Industry to 2027 – Growing Trends of Electrification of Vehicles Presents Opportunities

DUBLIN, Jan. 27, 2021 /PRNewswire/ — The «Electronic Power Steering Market Forecast to 2027 – COVID-19 Impact and Global Analysis By Type; Application, Passenger Cars, Heavy Commercial Vehicles» report has been added to ResearchAndMarkets.com’s offering.

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According to this report the global electronic power steering market was valued at US$ 52,692.31 million in 2019 and is projected to reach US$ 54,933.16 million by 2027; it is expected to grow at a CAGR of 3.63% from 2020 to 2027.

There is an increase in adoption of buses and trucks across the world, specifically for logistics and public transportation purposes. In Asia, Oceania, and Europe, populations rely more on public transportation, whereas in North America, transportation is mainly through private vehicles. Growing population in urban areas is propelling the need of expansion of public transportation, with insufficiency of existing transportation infrastructure. The OEMs worldwide are now focusing on reducing the global carbon footprint, thus boosting the use of electric vehicles. With the growing mobility on demand, the manufacturers and users of passenger cars and taxis are focusing on the deployment of greener technologies.

The manufacturers are majorly focusing on vehicle electrification, specifically in the passenger cars segment. In May 2019, the Ministry of Transport and various other ministries in China mutually issued the Green Travel Action Plan for 2019-2022 that would promote the use of green vehicles. Further, the country would continue to enhance public transportation facilities and information systems supporting green transportation. The governments across different countries are taking several initiatives to boost the adoption of electric vehicles – such as e-trucks and e-buses – in their public transportation to reduce CO2 emissions; they are offering tax rebates and incentives for this purpose. A few of the electric vehicle models include BYD K9, Mercedes Benz electric truck, and Tata Starbus Hybrid e-buses. Recently, a few of the commercial vehicle manufacturers introduced electric buses to the automotive market, while several OEMs announced the plans for converting full-size trucks or pickup trucks into battery EV platforms. These factors are expected to create huge opportunities for the implementation of new technologies such as EPS in the world.

Asia Pacific held the largest share of the electronic power steering market in 2019, followed by Europe and North America. Further, the market in Asia Pacific is projected to witness the highest CAGR during the forecast period. The electronic power steering market is segmented on the basis of type, application, and geography. Based on type, the market is segmented into column-assisted electronic power steering (C-EPS), pinion-assisted electronic power steering (P-EPS), rack-assisted power steering system (R-EPS), and electronic hydraulic power steering (EHPS). The C-EPS segment accounted for the largest share of the overall market during the forecast period from 2020 to 2027. On the basis of application, the electronic power steering market is further segmented into light commercial vehicles (LCV), passenger cars, and heavy commercial vehicles (HCV). In 2019, the passenger cars segment accounted for a substantial share in the market.

Impact of COVID-19 Pandemic on Electronic Power Steering (EPS) Market

The emergence and rapid spread of COVID-19 has paralyzed numerous developed and developing countries. The continuous surge in count of infected patients is threatening several industries across the globe. As of December 2020, the US, India, Brazil, Russia, and France are a few of the worst-affected countries in terms confirmed cases and reported deaths. According to the latest WHO figures, the global count of confirmed cases has reached 22,071,625, while the death count has reach 1,773,719. The coronavirus outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Since majority of the countries are exercising lockdowns, the demand for electronic power steering is decreasing at a prominent rate. This is due to the fact that, the key electronic power steering purchasing countries have been restricting their investment on these components, and are utilizing a fair percentage of their budget to combat COVID-19. The temporary shutdown of manufacturing facilities is also hampering the electronic power steering market.

Hyundai Mobis, JTEKT Corporation, Mitsubishi Electric Corporation, Nexteer Automotive, NSK Ltd., Robert Bosch GmbH, Showa Corporation, The Mando Corporation, ThyssenKrupp AG, and ZF Friedrichshafen AG are among the major companies operating in the electronic power steering market.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global electronic power steering (EPS) market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global electronic power steering (EPS) market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered:

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Electronic Power Steering Market – By Type
1.3.2 Electronic Power Steering Market – By Application
1.3.3 Electronic Power Steering Market – By Geography

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Electronic Power Steering (EPS) Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Electronic Power Steering (EPS) – Market Dynamics
5.1 Market Drivers
5.1.1 Mounting Requirement of Fuel-Efficient Vehicles Globally
5.1.2 Boosting Adoption of Steer-by-Wire (SbW) Technology
5.1.3 Growing Sales of Premium Cars in China
5.2 Market Restraints
5.2.1 High Cost of Electronic Power Steering (EPS)
5.3 Market Opportunities
5.3.1 Growing Trends of Electrification of Vehicles
5.4 Future Trends
5.4.1 Rising Development of Self-Driving Vehicles
5.5 Impact Analysis of Drivers and Restraints

6. Electronic Power Steering (EPS) – Global Market Analysis
6.1 Electronic Power Steering (EPS) Market Overview
6.2 Electronic Power Steering (EPS) Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players Ranking

7. Electronic Power Steering (EPS) Market Analysis – By Type
7.1 Overview
7.2 Electronic Power Steering (EPS) Market Breakdown, By Type, 2018 & 2027
7.3 Column Assisted Electronic Power Steering(C-EPS)
7.3.1 Overview
7.3.2 Column Assisted Electronic Power Steering(C-EPS) Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Pinion Assisted Electronic Power Steering (P-EPS)
7.4.1 Overview
7.4.2 Pinion Assisted Electronic Power Steering (P-EPS) Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Rack Assisted Power Steering System (R-EPS)
7.5.1 Overview
7.5.2 Rack Assisted Power Steering System (R-EPS) Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Electronic Hydraulic Power Steering (E-HPS)
7.6.1 Overview
7.6.2 Electronic Hydraulic Power Steering (E-HPS) Market Revenue and Forecasts to 2027 (US$ Mn)

8. Electronic Power Steering (EPS) Market Analysis – By Application
8.1 Overview
8.2 Global Electronic Power Steering (EPS) Market Breakdown, By Application, 2019 & 2027 (%)
8.3 Light Commercial Vehicles (LCV)
8.3.1 Overview
8.3.2 Light Commercial Vehicles (LCV) Market Forecast and Analysis
8.4 Passenger Cars
8.4.1 Overview
8.4.2 Passenger Cars Market Forecast and Analysis
8.5 Heavy Commercial Vehicles (HCV)
8.5.1 Overview
8.5.2 Heavy Commercial Vehicles (HCV) Market Forecast and Analysis

9. Electronic Power Steering (EPS) Market – Geographic Analysis
9.1 Overview
9.2 North America: Electronic Power Steering (EPS) Market
9.3 Europe: Electronic Power Steering (EPS) Market
9.4 APAC: Electronic Power Steering (EPS) Market
9.5 MEA: Electronic Power Steering (EPS) Market
9.6 SAM: Electronic Power Steering (EPS) Market

10. Electronic Power Steering (EPS) Market – COVID-19 Impact Analysis
10.1 Overview
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
10.1.2 Europe: Impact Assessment of COVID-19 Pandemic
10.1.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.1.5 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles
12.1 Hyundai Mobis
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 JTEKT Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Mitsubishi Electric Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nexteer Automotive
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 NSK Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Robert Bosch GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Showa Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 The Mando Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 ThyssenKrupp AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 ZF Friedrichshafen AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

For more information about this report visit https://www.researchandmarkets.com/r/tbcb5d

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BetMGM Launches Mobile Sports Betting in Virginia

JERSEY CITY, N.J., Jan. 27, 2021 /PRNewswire/ — BetMGM launched its market-leading sports betting app in Virginia today, giving customers access to a wide variety of betting options, as well as benefits tied to MGM National Harbor in Maryland and MGM Resorts’ iconic casino-resorts throughout the United States.

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JERSEY CITY, N.J., Jan. 27, 2021 /PRNewswire/ — BetMGM launched its market-leading sports betting app in Virginia today, giving customers access to a wide variety of betting options, as well as benefits tied to MGM National Harbor in Maryland and MGM Resorts’ iconic casino-resorts throughout the United States.

BetMGM logo (PRNewsfoto/BetMGM)

«We’re ecstatic that BetMGM is one of the first mobile sports betting platforms to launch in Virginia,» said BetMGM CEO Adam Greenblatt. «Virginians are passionate sports fans, and we’re thrilled to provide them a user-friendly sports betting experience. BetMGM Virginia customers can earn benefits and will soon enjoy innovative experiences planned with MGM National Harbor in Maryland and the Washington Nationals.»

The BetMGM app gives Virginia sports fans the opportunity to customize pre-game, live in-play, futures and parlay wagers. The app’s integration with MGM Resorts’ M life Rewards program allows BetMGM customers to redeem their gameplay for world-class accommodations at MGM Resorts properties nationwide, including MGM National Harbor, MGM Grand, Bellagio and ARIA in Las Vegas, Borgata in New Jersey and Beau Rivage in Mississippi – among many more.

Jorge Perez, President & COO of MGM National Harbor, said, «MGM National Harbor is the premier entertainment destination for the DC-MarylandVirginia region, and the launch of the BetMGM app in Virginia gives our customers another great way to interact with our brand. We’ve got the DMV covered with a variety of entertainment options – whether at Nationals Park in D.C., our MGM National Harbor resort, or via the mobile app in Virginia. Additionally, should Maryland allow casinos to operate sports betting, MGM National Harbor stands ready to add this amenity.»

Today’s announcement follows BetMGM’s recently announced partnership with the Washington Nationals, which includes plans for opening a retail BetMGM sportsbook connected to Nationals Park. Scheduled to launch later this season, it will be BetMGM’s first in-stadium sportsbook.

Virginia marks the 10th state where BetMGM’s mobile sports betting offering is available. As BetMGM continues to expand to new areas, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly. The BetMGM app is available for download in Virginia on bothiOS and Android, and accessible via desktop at www.betmgm.com. For more information, follow @BetMGM on Twitter.

About BetMGM
BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.  

About MGM National Harbor
Located in an unrivaled setting, MGM National Harbor offers stunning panoramic views of the eastern shore of the Potomac River in Maryland. The $1.4 billion LEED® Gold Certified resort sits a short distance from Washington, D.C. to the north and historic sites, including George Washington’s Mount Vernon estate across the river in Virginia. The 24-story, 308-room resort features premier amenities and experiences for locals as well as visitors from around the world including a dynamic two-level casino with over 160,000 square feet of space that includes slots, table games and poker; a world-class spa and salon; an entertainment theater with flexible seating for up to 3,000; high- end branded retail; 50,000 square feet of meeting space; and restaurants from renowned local, national and international chefs. MGM National Harbor is owned by MGM Resorts International (NYSE: MGM). For more information, visit mgmnationalharbor.com or follow on Facebook and Twitter.

Statements in this release that are not historical facts are «forward-looking» statements and «safe harbor statements» within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including BetMGM’s ability to grow in new or existing jurisdictions. Management has based forward-looking statements on current expectations and assumptions and not on historical facts. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the effects of economic and market conditions in the jurisdictions in which BetMGM operates, competition with other iGaming and sports betting platforms, the timing and costs of expanding in new jurisdictions as well as obtaining and maintaining the required permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions. In providing forward-looking statements, BetMGM is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If BetMGM updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

 

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SOURCE BetMGM

PuroClean Surges to #102 on Entrepreneur Magazine’s 42nd Annual Franchise 500®

TAMARAC, Fla., Jan. 27, 2021 /PRNewswire/ — PuroClean, a leading restoration and remediation franchise, today announced it has earned the 102nd spot on Entrepreneur magazine’s 2021 Franchise 500®. Recognized for its exceptional growth, leadership, and culture in the restoration franchise industry, PuroClean ranked…

TAMARAC, Fla., Jan. 27, 2021 /PRNewswire/ — PuroClean, a leading restoration and remediation franchise, today announced it has earned the 102nd spot on Entrepreneur magazine’s 2021 Franchise 500®. Recognized for its exceptional growth, leadership, and culture in the restoration franchise industry, PuroClean ranked second in the restoration service franchise category. PuroClean has risen nearly 20 places in one year and has risen more than 150 spots since 2018.

«It’s an incredible honor to be acknowledged year after year in one of the most competitive rankings within the franchising industry, especially as our network comes together in support of those impacted most by the COVID-19 pandemic,» said Mark W. Davis, CEO and Chairman of PuroClean. «Despite the unprecedented challenges we all faced during 2020, PuroClean was able to reach record-breaking heights, and we look forward to continuing this track record in the years ahead.» 

One of the fastest-growing restoration franchises in the United States, PuroClean enables its franchise owners to capitalize on diverse revenue opportunities and offers a pathway to success in the multimillion-dollar property damage restoration industry. Beyond its ranking on the Franchise 500®, PuroClean has earned countless other accolades for its innovations in franchising, including recognition for its PuroVet program, which helps military veterans realize their dream of business ownership.

«This year’s Franchise 500 ranking speaks to the true testament of The PuroClean Way, answering the call of those in need, as our franchise owners aid and protect home and business owners, guided by our world-class support team each and every day,» said Steve White, President and COO of PuroClean. «Together, as one team, we will continue moving forward to build upon the success of our franchise network, servicing our local communities with relentless customer service.»

The Franchise 500® is recognized as the world’s first and most comprehensive franchise ranking. PuroClean was evaluated against key factors such as costs and fees, size and growth, support, brand strength, financial strength, and stability. Each prospective franchise is awarded a cumulative score based on an analysis of more than 150 data points, and Entrepreneur ranks the 500 franchises with the highest cumulative scores each year in the Franchise 500®.

Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. PuroClean’s position on the ranking is a testament to its strength as a franchise opportunity.

To view PuroClean in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur. For more information on the PuroClean franchise system, contact 800-351-2282 or visit www.PuroCleanFranchise.com.

About PuroClean
PuroClean provides water damage remediation, flood water removal, fire and smoke damage remediation, mold removal, and biohazard cleanup to commercial and residential customers. Founded in 2001, PuroClean has a comprehensive network of more than 300 franchise offices across North America. PuroClean technicians are thoroughly screened, insured, and trained in utilizing the latest in mitigation technology and procedures, while operating under a strict code of ethics. Each PuroClean office is independently owned and operated. For more information about PuroClean, contact 800-775-7876 or visit www.puroclean.com; for franchise information, visit www.purocleanfranchise.com.   

Media Contacts:
Hemsworth Communications
Rachel Tabacnic / Julie Hong
954-716-7614 or PuroCleanPR@HemsworthCommunications.com

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SOURCE PuroClean

At Virtual NADA ’21, Step into 3D Rapid Recon from Wherever You Are

NEW ORLEANS, Jan. 27, 2021 /PRNewswire/ — The Next Rapid Recon at NADA ’21 will deliver simplified online mobile and desktop access to the latest products,…

NEW ORLEANS, Jan. 27, 2021 /PRNewswire/ — The Next Rapid Recon at NADA ’21 will deliver simplified online mobile and desktop access to the latest products, features, and best practices in new and used vehicle reconditioning and speed to sale solutions for dealers attending this uniquely different National Automobile Dealers Association convention.

At all-virtual NADA ’21, February 9 to 11, NADA-registered attendees can access Rapid Recon’s 360-degree virtual 3D annex exhibit during show hours, after hours and beyond, through rapidrecon.com.

This advanced experience offers auto dealers and their management teams nearly unlimited access to rich, interactive content to showcase the industry’s No. 1 reconditioning workflow software and performance management services. Dealers using Rapid Recon workflow software to bring transparency, accountability, and more control to reconditioning get cars sale-ready faster to compete more successfully in today’s new and used car marketplace.

To make dealers’ time at Virtual NADA ’21 even richer, Rapid Recon offers two easy-to-access virtual experiences:

  • A premier 3D exhibit accessible through the NADA ’21 virtual experience, plus,
  • A seamlessly integrated yet distinctly different interactive and exclusively 3D Rapid Recon annex exhibit (starting February 9) open before and after regular NADA show hours and beyond.

The Rapid Recon 3D virtual experience offers visitors a wide range of interactions. These include a robust Learning Center, «live» consultations with Rapid Recon fine-tune performance teams, a What’s New center, and real-time and schedule-later product demos to explain critical reconditioning performance indicators such as time to line and speed to sale. Live Chat stations posted throughout and a Social Lounge for messaging Rapid Recon founder and CEO Dennis McGinn enhance engagement.

Dealership general managers and their fixed and variable operation managers all benefit when Rapid Recon is used to drive inventory turn, increase labor hours and parts revenue. Only Rapid Recon equips the sales team with in-their-hand, on-the-go mobile inventory intelligence to help them build value in the deal from their first contact with the prospect. Over 20,000 monthly users across over 2,400 auto dealerships use Rapid Recon workflow software to be more efficient, responsive and competitive.

Contact:
Anthony Greenhalgh
Director of Sales and Marketing Operations
Anthony@RapidRecon.com

 

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SOURCE Rapid Recon

Minnesota Grandmother Finds Calling, Keeps Streets Safe Accumulating 160,000 Miles In A Mitsubishi Outlander PHEV

FRANKLIN, Tenn., Jan. 27, 2021 /PRNewswire/ — Every night around 9 p.m., Terry Krech sets out in her Mitsubishi Outlander PHEV to deliver an essential service to Twin Cities-area residents, and returns home around 3 a.m. She gives them a sober, safe and comfortable ride, a sounding board if they want to talk or a smooth jazz soundtrack if they do not, and keeps the streets safe…

FRANKLIN, Tenn., Jan. 27, 2021 /PRNewswire/ — Every night around 9 p.m., Terry Krech sets out in her Mitsubishi Outlander PHEV to deliver an essential service to Twin Cities-area residents, and returns home around 3 a.m. She gives them a sober, safe and comfortable ride, a sounding board if they want to talk or a smooth jazz soundtrack if they do not, and keeps the streets safe for another night. If you ask her, she has found her calling in life – her dream job. If you ask her partner, children and grandchildren, she is a hero. If you ask her passengers, well, she maintains a five-star rating, so she must be doing something right.

In two short years, Terry racked up 160,000 miles in her 2018 Mitsubishi Outlander PHEV plug-in hybrid electric vehicle, driving between 150-250 miles each day, averaging 35 MPG, and providing more than 10,000 rides. During that time, she says her Outlander PHEV only required standard maintenance and the addition of snow tires. As if chauffeuring Minnesota’s stranded and impaired after midnight wasn’t challenging enough, she loves driving her PHEV in the snow and using the PHEV’s signature regenerative braking system to recharge the battery and maximize range.

Given that Terry’s Outlander PHEV has an all-electric range of 22 miles, and the vehicle automatically switches to gasoline power when necessary, her trusted Outlander made those 160,000 miles as easy and efficient as possible. The vehicle chooses the most efficient mode of operation – electric, gasoline, or a combination of both – to ensure that driving is seamless, reliable and fun.

Why stop at 160,000 miles? She recently traded in her PHEV for a newer model, a 2019  PHEV, at White Bear Mitsubishi in White Bear, Minnesota. Mitsubishi Motors North America, Inc. (MMNA) talked with Terry to learn about her PHEV experience. She took our phone call from the PHEV, parked in the garage, so she could escape the hustle, bustle and noise of family life inside her home.

Thank you for keeping us safe, Terry, and for making grandmothers and grandchildren everywhere – and us! – proud.

MMNA: You say you have found your calling. Tell us about that.
Terry: I like to think that I have a purpose in my life and that is to help people get home safely. I mainly drive between 9 p.m. and 3 a.m., because that’s when people need rides the most. I will say that it requires patience – and a sense of humor – but I have both! I worked as closing-shift manager for a drive-through, fast-food restaurant for almost 20 years. Been there, done that… had a few sandwiches thrown in my face!

MMNA: What is your most memorable experience in the PHEV?
Terry: Once, right around 5,500 rides, I picked up a group of guys in their mid-twenties, who were out having a good time. I like to listen to a local jazz station while driving. I find it relaxes people who are just coming out of a loud bar and may have been over-served.  Anyway, one of them asked me to turn it up. Turns out, he had never listened to jazz music, and man, did it blow his mind. I said, «what do you mean? It’s jazz, man!» For the full 12-minute ride, we listened and laughed and had a great time. Best ride ever.

MMNA: You don’t consider yourself to be tech-savvy. You don’t even own a laptop. What drew you to an electric vehicle?
Terry: This is my full-time job, so fuel economy and efficiency are important to me. I typically get 35 MPG, often 38-40 MPG. I track everything in my notebook – expenses, dates, times, distances. I can switch back and forth between eco mode, battery-save mode, and battery-charge mode using the regenerative braking system, just by clicking buttons. That makes it easy (and fun) to operate, even for me. Reliability is also important to me, and electric motors tend to last a long time.

MMNA: And why the Mitsubishi PHEV specifically?
Terry: I feel incredibly safe in the vehicle, especially in the snow. It is solid and incredibly responsive, and I’ve never driven anything that felt so stable on a slippery on- or off-ramp in the winter. It’s comfortable for me and for my guests. I regularly get compliments about the car from my riders.

MMNA: You mentioned reliability, but you only had your PHEV for two years. What prompted the trade-in?
Terry: I think my first PHEV could have made it to 600,000 miles! But the guys at White Bear Mitsubishi – shout out to Dave K.! – gave me the chance to get into a new model at almost the same payment, so I took him up on the offer. I picked up my 2019 on my birthday. They gave me a cake and sang and everything!

The Mitsubishi Outlander PHEV is the world’s best-selling plug-in hybrid vehicle. On sale early this year, the 2021 model will see major revisions, highlighted by a completely new powertrain, and a host of updates to each trim level. The updated internal combustion engine has increased displacement and greater horsepower, and the larger and more refined electric drive system offers greater all-electric range and speed of operation.

About Mitsubishi Motors North America, Inc.
Through a network of approximately 330 dealer partners across the United States, Mitsubishi Motors North America, Inc., (MMNA) is responsible for the sales, research and development, marketing and customer service of Mitsubishi Motors vehicles in the U.S. MMNA was the top-ranked Japanese brand in the J.D. Power 2020 Initial Quality study, ranking sixth overall and experiencing the greatest year-over-year improvement of any brand.

Located in Franklin, Tennessee, MMNA is a part of the Renault-Nissan-Mitsubishi Alliance. Mitsubishi continues to lead the way in the development of highly efficient, affordably priced new gasoline-powered automobiles, while using its industry-leading knowledge in battery-electric vehicles to develop future EV and PHEV models.

For more information on Mitsubishi vehicles, please contact the Mitsubishi Motors News Bureau at (615) 257-2698 or visit media.mitsubishicars.com.

Contacts
Jeremy Barnes
Senior Director, Communications and Events
jeremy.barnes@na.mitsubishi-motors.com
Mobile: 714-296-1402

Lauren Ryan
Manager, Communications and Events
lauren.ryan@na.mitsubishi-motors.com 
Mobile: 404-862-8286

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SOURCE Mitsubishi Motors North America, Inc.