Global Automotive Camera Market (2020 to 2025) – Focus on Product, Application, and Country Assessment

DUBLIN, Feb. 12, 2021 /PRNewswire/ — The «Automotive Camera – A Global and Regional Market Analysis: Focus on Product, Application, and Country Assessment – Analysis and Forecast, 2020-2025» report has been added to ResearchAndMarkets.com’s offering.

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The automotive industry is rapidly evolving on the technological front and this growth is primarily attributed to the changes in consumer preferences, and an equal push from the legislative bodies. The technological advancements include improved vehicle performance, passenger safety, communication capabilities, and driving comfort, among others. The demand for safe and luxury vehicles has increased, owing to this the automakers have started focusing on enhancing the road safety and crash avoidance.

The major components of an ADAS system include cameras, radars, lidars, ultrasonic sensors, and electronic control unit (ECUs). These components in combination or distinctly perform several ADAS functions, such as adaptive cruise control, parking assistance, lane departure warning, traffic jam assist, automated emergency braking, and blind spot detection, among others. During the past few years, a visible surge is witnessed in the number of vehicles equipped with ADAS features. In addition to ADAS, the automotive industry is also supportive and optimistic for fully autonomous vehicles, which has increased the demand for automotive cameras. Automotive cameras offer several advantages, such as the ability of cameras to detect traffic signals and differentiate color. Furthermore, cameras also aid driver at the time of parking, night vision, traffic jams, and object detection. Automotive cameras being one of the most important components of the ADAS and autonomous vehicles, finds its application almost in every level of automation.

The automotive camera market research provides a detailed perspective on the different types of products, their applications, value estimation, among others. The principal purpose of this market analysis is to examine the automotive camera market in terms of factors driving the market, restraints, trends, and opportunities, among others.

The report further considers the market dynamics, supply chain analysis, and the detailed product contribution of the key players operating in the market. The automotive camera market report is a compilation of different segments, including market breakdown by product type, application, region, and country.

Key Questions Answered in this Report:

  • For a new company looking to enter the market, which areas could it focus upon to stay ahead of the competition?
  • How do the existing market players function to improve their market positioning?
  • Which are the promising companies that have obtained financial support to develop their products and markets?
  • How does the supply chain function in the automotive camera market?
  • Which companies have been actively involved in innovation through patent applications, and which products have witnessed maximum patent applications during the period 2017-2020?
  • Which product segment is expected to witness the maximum demand growth in the automotive camera market during 2020-2025?
  • Who are the players that are catering to the demand for different cameras?
  • How should the strategies adopted by market players vary for different product segments based on the size of companies involved in each segment?
  • What are the key offerings of the prominent companies in the market for automotive cameras?
  • What are the demand patterns of automotive cameras across the application areas in different regions and countries during the period 2019-2025?

Competitive Landscape

The automotive camera market competitive landscape consists of different strategies undertaken by key players across the industry to gain traction and market share presence. Some strategies adopted by the service providers are new product launches, business expansions, mergers, partnerships, and collaborations. Among all these strategies adopted, product launches is the popular choice of the strategy implemented in the automotive camera market. Some of the most prominent ecosystem players are Ficosa International S.A., Continental AG, Denso Corporation, Hella KGaA Hueck & Co., OmniVision Technologies, Inc., Stonkam Co., Ltd., Hyundai Mobis Co. Ltd., Kappa optronics GmbH, Magna International Inc., Ricoh Company Ltd., Robert Bosch GmbH, STMicroelectronics N.V., Valeo Group, LG Innotek Co., Ltd., and Aptiv PLC.

Some of the notable developments are:

  • Continental AG launched its infrared interior camera for detecting drowsiness of passengers in February 2019.
  • Ficosa International S.A. has partnered with Videantis GmbH, a vision solution provider based in Germany, in December 2017 to develop and bring forward the advance sensing technologies for automotive cameras.
  • Denso Corporation established a R&D lab in Pittsburgh in April 2020 for the innovation of autonomous driving including vision sensors.

Key Companies Profiled

Ficosa International S.A., Continental AG, Denso Corporation, Hella KGaA Hueck & Co., OmniVision Technologies, Inc., Stonkam Co., Ltd., Hyundai Mobis Co. Ltd., Kappa optronics GmbH, Magna International Inc., Ricoh Company Ltd., Robert Bosch GmbH, STMicroelectronics N.V., Valeo Group, LG Innotek Co., Ltd., and Aptiv PLC

Key Topics Covered:

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Industry Dynamics Defining the Future Trends in Automotive Camera Market
1.1.1.1 Growing Popularity of Stereo Vision Cameras
1.1.1.2 Next-Generation 3D Surround View Systems
1.1.1.3 Integrating Cameras into Headlight and Taillights
1.1.1.4 Combining Cameras and Other Sensors for Early Detection of Aquaplaning Situations
1.1.2 Supply Chain Analysis
1.1.3 Regulatory Landscape for Autonomous Vehicles
1.1.3.1 Current Laws and Regulatory Bodies Related to Autonomous Vehicles by Country
1.1.4 Government Initiatives
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Regulations and Mandates Appreciating the Usage of Automotive Cameras
1.2.1.2 Growing Popularity of Autonomous Vehicles
1.2.1.3 Prevention of False Insurance Claims
1.2.1.4 Increasing Road Accidents
1.2.2 Business Restraints
1.2.2.1 Lapses in Imagery Sensors and Difficulty in Detection
1.2.2.2 High Cost of Camera Modules
1.2.3 Business and Corporate Strategies
1.2.4 Business Opportunities
1.2.4.1 AI-Based In-Vehicle Cameras for Advanced Driver Monitoring
1.2.4.2 Integrating Camera and Lidar into a Single Unit

2 Application
2.1 Automotive Camera Market – Applications and Specifications
2.1.1 Automotive Camera Market (by Level of Autonomy)
2.1.1.1 Level 1 (Advanced Driving Assist Systems-ADAS)
2.1.1.2 Level 2 (Partial Automation)
2.1.1.3 Level 3 (Conditional Automation)
2.1.1.4 Level 4 (High Automation)
2.1.1.5 Level 5 (Full Automation)
2.1.2 Automotive Camera Market (by Application)
2.1.2.1 Passenger Vehicles
2.1.2.2 Commercial Vehicles
2.2 Demand Analysis for Automotive Camera Market (by Application)
2.2.1 Global Automotive Camera Market (by Level of Autonomy)
2.2.2 Global Automotive Camera Market (by Application)

3 Products
3.1 Automotive Camera Market – Products and Specifications
3.1.1 Automotive Camera Market (by Type)
3.1.1.1 Front View
3.1.1.2 Side View
3.1.1.3 Rear View
3.1.1.4 In-Vehicle
3.1.2 Automotive Camera Market (by View Type)
3.1.2.1 Single View
3.1.2.2 Multi View
3.1.3 Automotive Camera Market (by Technology)
3.1.3.1 Digital Camera
3.1.3.2 Thermal Camera
3.2 Demand Analysis of Automotive Camera Market (by Product)
3.2.1 Global Automotive Camera Market (by Product Type), Value and Volume, 2019-2025
3.2.1.1 Rear View Camera
3.2.1.2 Side View Camera
3.2.1.3 In-Vehicle Camera
3.2.1.4 Front View Camera
3.2.2 Global Automotive Camera Market (by View Type), Value and Volume, 2019-2025
3.2.2.1 Single View
3.2.2.2 Multi View
3.2.3 Global Automotive Camera Market (by Technology), Value and Volume, 2019-2025

4 Region
4.1 North America
4.2 Europe
4.3 U.K.
4.4 China
4.5 Asia-Pacific and Japan
4.6 Rest-of-the-World (RoW)

5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.2 Company Profiles
5.2.1 Ficosa International S.A.
5.2.1.1 Company Overview
5.2.1.1.1 Product Portfolio
5.2.1.1.2 Production Sites and R&D Analysis
5.2.1.2 Business Strategies
5.2.1.2.1 Product Development
5.2.1.2.2 Market Development
5.2.1.3 Corporate Strategies
5.2.1.3.1 Partnerships and Collaborations
5.2.1.4 Competitive Position
5.2.1.4.1 Strengths of the Company
5.2.1.4.2 Weakness of the Company
5.2.2 HELLA GmbH & Co. KGaA
5.2.3 Denso Corporation
5.2.4 Hyundai Mobis Co. Ltd.
5.2.5 Kappa optronics GmbH
5.2.6 Magna International Inc.
5.2.7 OmniVision Technologies, Inc.
5.2.8 Stonkam Co., Ltd.
5.2.9 Continental AG
5.2.10 Ricoh Company Ltd.
5.2.11 Robert Bosch GmbH
5.2.12 STMicroelectronics N.V.
5.2.13 Valeo Group
5.2.14 LG Innotek Co., Ltd.
5.2.15 Aptiv PLC

6 Research Methodology
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.2 Data Triangulation
6.3 Market Estimation and Forecast
6.3.1 Factors for Data Prediction and Modeling

For more information about this report visit https://www.researchandmarkets.com/r/f837rk

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Giant Recreation World Partners with Make-A-Wish Chapter to Bring Joy to Local 9-year-old

PALM BAY, Fla., Feb. 12, 2021 /PRNewswire/ — Giant Recreation World, a family owned and operated dealership with three Central Florida Locations, partnered up with Make-A-Wish Central and Northern Florida to make the wish of 9-year-old Cameron having his own camper come true! Cameron was the first of six Make-A-Wish children who will have their wishes granted by this partnership.

Cameron’s Wish Day
The day of Cameron’s Camper presentation was…

PALM BAY, Fla., Feb. 12, 2021 /PRNewswire/ — Giant Recreation World, a family owned and operated dealership with three Central Florida Locations, partnered up with Make-A-Wish Central and Northern Florida to make the wish of 9-year-old Cameron having his own camper come true! Cameron was the first of six Make-A-Wish children who will have their wishes granted by this partnership.

Cameron’s Wish Day
The day of Cameron’s Camper presentation was something everybody involved was super excited about. An immense amount of planning went into this day, from finding the perfect Camper, getting the presentation set up, and making the day one not to forget for Cameron and his family. Cameron loves the outdoors and spending quality time with his family so naturally he wanted a camper. Upon arriving the excitement in Cameron’s face was precious, as he was greeted by Giant Recreation World and Make-A-Wish staff! CEO Larry McNamara was not going to miss the date. «Days like these are what reminds me of why I got into this business in the first place» said Larry McNamara.

Larry McNamara grew up in the RV business since around the same age as Cameron, so it brought back a lot of nostalgia and happy memories from his childhood. «I remember sending families out on an RV trip and anxiously waiting for them to return with their own memories and stories of their outing. I loved being the first person to greet them when they returned so I could hear about their great adventures. This is my wish for Cameron and his family as well, to make everlasting memories together with their new camper,» said McNamara.

Everybody at Giant Recreation World takes a lot of pride in being part of a company that is so involved with the community and making a difference where they can. «I would like to give a big thanks to our partners at Forest River and a special thank you to our head of Marketing Kristina Shrider and my nephew Scott McNamara, our rising third generation at Giant Recreation World,» added Larry.

About Make-A-Wish® Central and Northern Florida

Make-A-Wish Central and Northern Florida creates life-changing wishes for children with critical illnesses. We seek to bring every eligible child’s wish to life because every child deserves a childhood. Research shows children who have wishes granted can build the physical and emotional strength they need to fight their illness. This year marks the 40th anniversary of the wish that inspired the founding of the organization in 1980, paving the way for the creation of the Make-A-Wish Central and Northern Florida in 1994. Since our chapter’s founding, more than 6,100 wishes have been granted for children in the local community. Together with generous donors, supporters, staff and more than 34,000 volunteers, Make-A-Wish Central and Northern Florida and 59 other chapters throughout the U.S. have granted more than 330,000 wishes nationwide. For more information about Make-A-Wish Central and Northern Florida and the 40th anniversary, visit wish.org/cnfl 

Contact:
Kristina Shrider
4076566444
291136@email4pr.com

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SOURCE Giant Recreation World

The Neutrino Energy Group Will Liberate Mobile Devices From the Grid

FRANKFURT, Germany, Feb. 12, 2021 /PRNewswire/ — Despite their impressive usefulness and convenience, however, contemporary mobile devices have a fatal flaw. They must periodically be plugged into power outlets to be recharged. By devising mobile devices that recharge themselves, the Neutrino Energy Group will…

FRANKFURT, Germany, Feb. 12, 2021 /PRNewswire/ — Despite their impressive usefulness and convenience, however, contemporary mobile devices have a fatal flaw. They must periodically be plugged into power outlets to be recharged. By devising mobile devices that recharge themselves, the Neutrino Energy Group will liberate our smartphones and tablets from the fossil-fuel energy grid.

Batteries Are Holding Us Back
As time goes by, mobile device batteries become more efficient and capable of holding ever-increasing amounts of electricity. Nonetheless, mobile devices will never be truly decentralized and fully reliable until they can recharge themselves without being plugged in.

In some cases, mobile devices might be recharged using solar, wind, or other types of sustainable energy. The vast majority of the electricity that makes its way into smartphone and tablet batteries is, however, produced by coal-burning electrical plants.

Mobile devices consume much less electricity than larger devices, such as electric cars, but the impact of mobile device recharging on the conventional electrical grid is anything but negligible. If mobile devices recharged themselves, consumers would be able to use their smartphones and tablets anywhere and at any time without worrying about staying near charging ports.

Self-Recharging Batteries Are Coming Soon
Neutrinovoltaic devices capture the kinetic energy of passing neutrinos and convert it into electricity. Electrical energy has been derived from neutrinos in a variety of research facilities around the world, and the Neutrino Energy Group is hard at work devising the first generation of consumer-oriented neutrinovoltaic devices.

Smartphones are an ideal initial target of neutrinovoltaic technology. At first, neutrino energy generators won’t be able to produce the full amount of electricity a smartphone needs to operate. Equipping conventional smartphone batteries with neutrinovoltaic devices, however, will dramatically extend battery life.

In time, neutrino energy technology will be able to supply all the electricity smartphones need during normal operation. Small batteries will be retained to provide additional energy during peak consumption periods.

Eventually, mobile devices will not have batteries at all. They’ll operate perpetually using neutrino energy without ever needing to be recharged.

Neutrino Energy Is Ideal for Mobile Devices
In the event of a global disaster, cellular service around the world could go down. With self-recharging smartphones, however, people would still be able to access locally stored information even if the electrical and cellular grids remained offline for days or weeks.

The Neutrino Energy Group envisions a future in which human beings are no longer chained to an electrical grid of any type. Neutrinovoltaic technology is the world’s first form of truly decentralized, sustainable energy.

By Author Samuel Teshome 

Neutrino Deutschland GmbH
Unterden Linden 21
10117 Berlin
Tel.: +493020924013
Email: office@neutrino-energy.com

Related Images

neutrinovoltaic-technology.jpg
Neutrinovoltaic Technology
Over time, neutrinovoltaic devices will become capable of producing increasing amounts of electricity, and they will become reliable sources of energy.

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SOURCE Neutrino Energy Group

Greg May Hyundai welcomes 2021 Sonata, Elantra to its showroom

WACO, Texas, Feb. 12, 2021 /PRNewswire-PRWeb/ — It is hard to imagine a world without sedans on the road. There are, in fact, several automakers that have all but abandoned this once very popular vehicle platform. Hyundai is bucking that trend and has continued to pour resources into vehicles like the Elantra and Sonata. In fact, the 2021 versions of both vehicles have arrived at the Greg May Hyundai showroom. Buyers looking for more interior space and available hybrid powertrains will want to…

WACO, Texas, Feb. 12, 2021 /PRNewswire-PRWeb/ — It is hard to imagine a world without sedans on the road. There are, in fact, several automakers that have all but abandoned this once very popular vehicle platform. Hyundai is bucking that trend and has continued to pour resources into vehicles like the Elantra and Sonata. In fact, the 2021 versions of both vehicles have arrived at the Greg May Hyundai showroom. Buyers looking for more interior space and available hybrid powertrains will want to inquire about the 2021 Hyundai Elantra and those looking for something with a little more performance should schedule a test drive with the 2021 Hyundai Sonata. The team of product experts working at Greg May Hyundai has been eager to get this information into the hands of potential customers.

The 2021 Elantra has been completely redesigned for the current model year. In addition to offering hybrid engine options that can break the 50-mile per gallon barrier, the 2021 Elantra will also be among the first of the automaker’s vehicles to offer a smartphone-based digital entry capability. The Hyundai Digital Key leverages the idea that your phone will probably already be in the driver’s hand and using secure near-field communication (NFC) connectivity, simply tapping the phone on the car handle will unlock the door. This is the same technology used by some credit cards.

Buyers will see a combination of performance and efficiency in the 2021 Hyundai Sonata. The automaker has made two engine options available, making 191 and 180 horsepower. Both power plants will be able to achieve nearly 30 miles per gallon in the city and almost 40 miles per gallon on the highway.

Finally, all 2021 Sonata sedans available at Greg May Hyundai will be equipped with a smartphone-compatible infotainment system that will be able to access both the Apple CarPlay® and Android Auto™ suites of applications. Several cutting-edge active safety systems are standard equipment in the 2021 Sonata, including forward collision mitigation, adaptive cruise control, lane-keeping assist and driver attention warning.

Anyone can view the entire Greg May Hyundai inventory today when they visit the dealership’s website, http://www.gregmayhyundai.com. The showroom is located at 1501 West Loop 340, Waco, TX. Customers can schedule a test drive for either new sedan or any vehicle available by calling, 833-310-1026.

Media Contact

Nick Askew, Greg May Hyundai, 903-918-4699, nick@luminary2.com

 

SOURCE Greg May Hyundai

Newborn Acquisition Corp. Urges All Shareholders to Vote in Favor of the Extension Proposals

SAN DIEGO, Feb. 12, 2021 /PRNewswire/ — Newborn Acquisition Corp. («Newborn» or the «Company») (NASDAQ:NBAC), encourages its shareholders to vote in favor of the extension proposals.  The purpose of the Extension Amendment is to allow the Company more time to complete its previously announced business combination with Nuvve Corporation without depositing additional funds into the trust account.  Nuvve Corporation is a San Diego-based green energy technology…

SAN DIEGO, Feb. 12, 2021 /PRNewswire/ — Newborn Acquisition Corp. («Newborn» or the «Company») (NASDAQ:NBAC), encourages its shareholders to vote in favor of the extension proposals.  The purpose of the Extension Amendment is to allow the Company more time to complete its previously announced business combination with Nuvve Corporation without depositing additional funds into the trust account.  Nuvve Corporation is a San Diego-based green energy technology company whose mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind.  Shareholders are not being asked to vote on the proposed business combination at this time. A separate vote on the proposed business combination will take place in the coming weeks.

The Extraordinary General Meeting will be held on February 18, 2021 at 8:00 a.m., Hong Kong Time (7:00 p.m. Eastern Time on February 17, 2021) at Room 801, Building C, SOHO Square, No. 88, Zhongshan East 2nd Road, Huangpu District, Shanghai, 200002, China. Due to the coronavirus («COVID-19«) pandemic and the various travel and other restrictions in place, we are strongly encouraging our shareholders to attend the Extraordinary General Meeting virtually by means of a teleconference using the dial in instructions in the proxy statement.

About Nuvve Corporation

Nuvve Corporation is a San Diego-based green energy technology company whose mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. Our proprietary vehicle-to-grid (V2G) technology – Nuvve’s Grid Integrated Vehicle (GIVe™) platform – is refueling the next generation of electric vehicle fleets through cutting-edge, bidirectional charging solutions. Since its founding in 2010, Nuvve has been responsible for successful V2G projects on five continents and is deploying commercial services worldwide. For more information please visit www.nuvve.com.

About Newborn Acquisition Corp.

Newborn Acquisition Corp. is a blank check company, holding approximately $57.5 million in its trust account, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.

Investor Contact
Lytham Partners
Robert Blum
nuvve@lythampartners.com
+1 602 889 9700

Forward Looking Statements

The information in this press release includes «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this presentation, regarding the proposed Business Combination between Newborn and Nuvve, Newborn and Nuvve’s ability to consummate the transactions, the benefits of the transactions and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, the words «could,» «should,» «will,» «may,» «believe,» «anticipate,» «intend,» «estimate,» «expect,» «project,» the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Newborn and Nuvve disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Newborn and Nuvve caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either Newborn or Nuvve. In addition, Newborn cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the Business Combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against Newborn or Nuvve following announcement of the transactions; (iii) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of Newborn, or other conditions to closing in the merger agreement; (iv) the risk that the proposed Business Combination disrupts Nuvve’s current plans and operations as a result of the announcement of the transactions; (v) Nuvve’s ability to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition and the ability of Nuvve to grow and manage growth profitably following the Business Combination; (vi) costs related to the Business Combination; (vii) risks related to the rollout of Nuvve’s business and the timing of expected business milestones; (viii) Nuvve’s dependence on widespread acceptance and adoption of electric vehicles and increased installation of charging stations; (ix) Nuvve’s ability to maintain effective internal controls over financial reporting, including the remediation of identified material weaknesses in internal control over financial reporting relating to segregation of duties with respect to, and access controls to, its financial record keeping system, and Nuvve’s accounting staffing levels; (x) Nuvve’s current dependence on sales of charging stations for most of its revenues; (xi) overall demand for electric vehicle charging and the potential for reduced demand if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of electric vehicles or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; (xii) potential adverse effects on Nuvve’s revenue and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by Nuvve; (xiii) the effects of competition on Nuvve’s future business; (xiv) risks related to Nuvve’s dependence on its intellectual property and the risk that Nuvve’s technology could have undetected defects or errors; (xv) changes in applicable laws or regulations; (xvi) the COVID-19 pandemic and its effect directly on Nuvve and the economy generally; (xvii) risks related to disruption of management time from ongoing business operations due to the proposed Business Combination; (xvii) risks relating to privacy and data protection laws, privacy or data breaches, or the loss of data; and (xix) the possibility that Nuvve may be adversely affected by other economic, business, and/or competitive factors. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that Newborn has filed and will file from time to time with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2019. Newborn’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

Important Information and Where to Find it

In connection with the Extraordinary General Meeting to be held on February 18, 2021, Newborn Acquisition Corp. has filed a definitive proxy statement with the SEC.

In connection with the proposed Business Combination, NB Merger Corp., as the successor to Newborn, filed a registration statement on Form S-4 (the «Form S-4») with the SEC. The Form S-4 includes a preliminary proxy statement/prospectus of Newborn and NB Merger Corp., which Newborn filed with the SEC as a proxy statement on Schedule 14A, for the solicitation of proxies from Newborn’s shareholders and for the offering of NB Merger Corp.’s securities to the security holders of Newborn and Nuvve in the Business Combination. Additionally, Newborn and NB Merger Corp. will file other relevant materials with the SEC in connection with the Business Combination. Copies may be obtained free of charge at the SEC’s web site at www.sec.gov. The definitive proxy statement/prospectus will be mailed to Newborn shareholders as of a record date to be established for voting on the proposed Business Combination. Investors and security holders of Newborn are urged to read the proxy statement/prospectus and the other relevant materials when they become available before making any voting decision with respect to the proposed Business Combination because they will contain important information about the Business Combination and the parties to the Business Combination. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Newborn and its directors and officers may be deemed participants in the solicitation of proxies of Newborn’s shareholders in connection with the proposed Business Combination. Nuvve and its officers and directors may also be deemed participants in such solicitation. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Newborn’s executive officers and directors in the solicitation by reading Newborn’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and the proxy statement/prospectus and other relevant materials filed with the SEC in connection with the Business Combination when they become available. Information concerning the interests of Newborn’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the proxy statement/prospectus relating to the Business Combination when it becomes available.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or constitute a solicitation of any vote or approval.

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SOURCE Nuvve Corporation

Why Consumers Are Buying More Lawn & Garden Equipment amid the COVID-19 Pandemic

CLEVELAND, Feb. 12, 2021 /PRNewswire/ — In 2020, residential sales of lawn and garden equipment spiked as DIY activity surged among consumers, who found themselves spending more time at home than ever before and…

CLEVELAND, Feb. 12, 2021 /PRNewswire/ — In 2020, residential sales of lawn and garden equipment spiked as DIY activity surged among consumers, who found themselves spending more time at home than ever before and relying on DIFM services less, leading them to invest in new equipment:

  • With the shift to remote work and learning, many consumers had more time to perform lawn and garden maintenance themselves.
  • Increased economic insecurity among many households led some homeowners to cancel lawn and landscaping services.
  • Consumer concerns about the perceived safety of inviting maintenance workers to their homes also affected demand for professional services somewhat.

Additionally, many households diverted funds from vacation and travel budgets to fund home projects, like outdoor living area installations and expansions, which provide more room for families cooped up inside as well as a safer place to socialize with family and friends. In addition to landscaping products to construct these spaces, many homeowners purchased new lawn and garden equipment to tend them.

As a result of these trends, sales of residential power lawn and garden equipment, driven by lawn mowers, grew more than 5% in 2020, finds a new Freedonia Group analysis.

Residential Power Lawn & Garden Demand to Grow 3.3% Annually 2024 to $8.7 billion in 2024

While residential demand for power lawn and garden equipment in 2021 is not expected to see as robust growth as between 2019 to 2020, the market is expected to remain strong and post healthy gains through 2024:

  • Sales of power equipment to homeowners, which benefitted from DIY gains in 2020, will slow as people gradually have less time to devote to their yards and as those who purchased new equipment in 2020 will likely not need to replace or upgrade in the near future.
  • As such, further gains will be limited by a moderation in the market as well as a return to greater strength in DIFM (do-it-for-me) landscaping.

Want to Learn More?

Residential Power Lawn & Garden Equipment is now available from the Freedonia Group. This study examines the US residential market for power lawn and garden equipment. The residential market comprises equipment sales to homeowners and other individuals for private use (i.e., not for commercial purposes, including professional lawn and landscaping services for residential properties). Historical data for 2009, 2014, and 2019 and forecasts for 2024 and 2029 for demand are provided in current dollar terms (which are not adjusted for inflation). Products include:

  • lawn mowers (e.g., riding, walk behind)
  • trimmers and edgers
  • garden tractors and rotary tillers
  • snow blowers (e.g., single-stage, multi-stage)
  • chainsaws
  • blowers, vacuums, and sweepers
  • other equipment and parts and attachments (e.g., hedge trimmers, pole saws, multi-tools, utility tractors

About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com

 

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SOURCE The Freedonia Group

Nova Bus receives approval from the Chicago Transit Authority for the purchase of up to 600 buses

MONTREAL, Feb. 12, 2021 /PRNewswire/ – Nova Bus, leading North American transit bus manufacturer, is pleased to confirm that the Chicago Transit Board approved the purchase of up to 600 new, 40-foot clean-diesel buses from Nova Bus. These buses will help the Chicago Transit Authority (CTA), the second largest public transportation system in the United States that covers the City of Chicago and 35 surrounding suburbs, in its ongoing…

MONTREAL, Feb. 12, 2021 /PRNewswire/ – Nova Bus, leading North American transit bus manufacturer, is pleased to confirm that the Chicago Transit Board approved the purchase of up to 600 new, 40-foot clean-diesel buses from Nova Bus. These buses will help the Chicago Transit Authority (CTA), the second largest public transportation system in the United States that covers the City of Chicago and 35 surrounding suburbs, in its ongoing effort to modernize its fleet to benefit customers and reduce maintenance costs.

This decision allows for the purchase of at least 100 buses and options to purchase an additional 500 clean-diesel buses, which will enable CTA to maintain safe and reliable service while gradually retiring the oldest buses in its fleet. The CTA expects first prototypes in the coming months with deliveries beginning in early 2022.

«We are proud to continue providing transportation to our long-time partner, the City of Chicago, with our industry-leading LFS buses offering high capacity mobility solutions,» said Martin Larose, Vice President and General Manager at Nova Bus. «As public transit agencies demonstrate their incredible efforts to help continue to provide a critical lifeline to essential workers and to help communities begin to rebuild the economy, we are committed to delivering solutions that make sense for their daily operations and to once again have CTA’s confidence to accompany them in this journey. «

«This decision from a clearly satisfied customer is another major advance for Nova Bus and our region’s transportation equipment cluster,» says Garry Douglas, President of the North Country Chamber of Commerce. «An order for up to 600 buses would be extraordinary from any city, but it sends an especially powerful message across North America when a major past customer such as Chicago chooses Nova Bus again. It’s a true testament to Nova Bus’ Plattsburgh operation, its suppliers and its skilled employees and something we can all be proud of. Congratulations and onward and upward!»

CTA’s bus system consists of 140 routes that make over 25,000 trips daily and serve nearly 12,000 bus stops throughout the Chicago region. CTA bus routes serve communities locally, move people across town, and several express services are provided.

The new 40-foot LFS buses will be similar to those added to the CTA fleet in 2018, but offer a host of features to improve the customer experience and promote safety, including improvements to the wheelchair ramps at the front door, a larger surface area and a reduced slope, making it easier for wheelchairs to use. Once again, Nova Bus demonstrated its competitiveness and showed that the Nova LFS has adapted to transit authorities’ needs over the years.

About Nova Bus

Nova Bus is a leading provider of sustainable transportation solutions in North America. Its portfolio includes electric buses and hybrid buses, high-capacity vehicles and integrated intelligent transport systems. As part of its Electro Mobility strategy, Nova Bus is moving forward with the electrification of key vehicle components to reduce fuel consumption and emissions. Nova Bus is part of the Volvo Group.

For more information regarding Nova Bus products and services, please visit www.novabus.com

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SOURCE Nova Bus

JetBlue celebrates 21st birthday with first-ever Miami flights

MIAMI, Feb. 12, 2021 /PRNewswire/ — Miami International Airport and JetBlue had two major milestones to celebrate yesterday – the low-cost carrier’s launch of first-ever flights at the airport, as well as the airline’s 21st birthday. Miami-Dade County and JetBlue officials hosted a ribbon-cutting ceremony at MIA that included a water cannon salute and special gifts to first-time passengers. 

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MIAMI, Feb. 12, 2021 /PRNewswire/ — Miami International Airport and JetBlue had two major milestones to celebrate yesterday – the low-cost carrier’s launch of first-ever flights at the airport, as well as the airline’s 21st birthday. Miami-Dade County and JetBlue officials hosted a ribbon-cutting ceremony at MIA that included a water cannon salute and special gifts to first-time passengers. 

Attendees included: Miami-Dade County Mayor Daniella Levine Cava; Board of County Commissioners Chairman Jose «Pepe» Diaz; Lester Sola, MIA Director and CEO; David Clark, JetBlue Vice President of Sales and Revenue Management; and Bill Talbert, President and CEO, Greater Miami Convention and Visitors Bureau.

«JetBlue’s historic launch into Miami-Dade County is great news for our families, tourism industry, and business community, as we work to help our economy rebound from the pandemic,» said Miami-Dade County Mayor Daniella Levine Cava. «I proudly welcome JetBlue to Miami-Dade. And I’m pleased to see them taking important steps to keep passengers and employees safe and healthy.»

JetBlue’s Miami launch includes service to four U.S. cities: Boston (up to four times daily); Los Angeles (up to twice daily); New York-JFK (up to four times daily); and Newark (up to four times daily). The 14 daily flights will make JetBlue one of MIA’s busiest passenger airlines. The MiamiLos Angeles route will feature JetBlue Mint®, the airline’s premium travel experience. MIA estimates that JetBlue’s new service will generate 1.4 million passengers, nearly $915 million in business revenue and 7,300 jobs into the local economy annually.

«Welcoming JetBlue, one of the world’s leading low-cost carriers and busiest airlines overall, to our network is truly a landmark event in our airport’s history, and we thank them for making this substantial commitment to MIA and Miami-Dade County,» said Lester Sola, MIA Director and CEO. «Today also would not be possible without the ongoing support of Mayor Levine Cava, our Board of County Commissioners, and the Greater Miami Convention and Visitors Bureau. We look forward to receiving JetBlue’s 14 daily flights and the sizable economic impact that they bring to our community.»

Headquartered in New York and trademarked as New York’s Hometown Airline®, JetBlue serves nearly 100 domestic and international BlueCities – now also including the Magic City.

«Florida has always played a key role in JetBlue’s success story and that continues today – on our 21st anniversary – as we introduce our low fares and award-winning service to Miami,» said Andrea Lusso, vice president network planning, JetBlue. «With our newest destination we can offer customers more choices, diversify our flying and enhance JetBlue’s broader presence in South Florida

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MEDIA CONTACT:
Greg Chin
305.876.7017
MIAcommunications@miami-airport.com
www.miami-airport.com

Philip Stewart 
Manager Corporate Communications  
JetBlue  
philip.stewart@jetblue.com

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SOURCE Miami International Airport

Indiana Sportsbooks With Nearly $350 Million in Wagers in January, Setting Stage for Record-Setting 2021, According to PlayIndiana

LAS VEGAS, Feb. 12, 2021 /PRNewswire/ — Indiana sportsbooks opened 2021 with another impressive month, setting the state’s wagering record for the fifth consecutive month with nearly $350 million and posting a new high in revenue. January’s strong showing, which came as neighboring Michigan launched sports betting, is more evidence that Indiana is far from reaching its…

LAS VEGAS, Feb. 12, 2021 /PRNewswire/ — Indiana sportsbooks opened 2021 with another impressive month, setting the state’s wagering record for the fifth consecutive month with nearly $350 million and posting a new high in revenue. January’s strong showing, which came as neighboring Michigan launched sports betting, is more evidence that Indiana is far from reaching its ceiling and capable of generating more than $3 billion in bets in 2021, according to analysts from PlayIndiana.

«This will be a particularly important year for Indiana’s sports betting industry,» said Jessica Welman, analyst for PlayIndiana.com. «Illinois and Michigan, which were two feeder markets in the early days of sports betting in Indiana, will continue to grow. And Ohio is moving toward regulating sports betting, too. So sportsbooks will increasingly have to rely on in-state bettors. That said, the market continues to prove more than capable of standing on its own.»

Indiana sportsbooks accepted $348.2 million in wagers in January, according to official reporting released Friday. That is up 103.9% from $171 million in January 2019 and topped the previous record of $313.1 million set in December.

January’s wagering resulted in a record $29.3 million in adjusted gross operator revenue, up from $12.2 million in January 2019. The month’s bets yielded $2.8 million in state taxes.

If the growth continues through 2021, the state could top $3 billion in bets, more than $200 million in revenue, and $20 million in state taxes, according to PlayIndiana projections.

«Assuming we don’t have any interruptions in the sports schedule like in 2020, a new high is almost assured in 2021,» said Dustin Gouker, analyst for PlayIndiana.com. «The biggest question is how much higher? That depends in large part on how well the market responds to increasing competition from its neighbors.»

The NBA season enjoyed its first full month of games while college basketball settled into a more robust conference. Bettors responded with $133.2 million in wagers on basketball, accounting for 38% of the state’s handle. Plus, January got a boost from an expanded NFL playoffs with two additional games over Wild Card weekend, including one with the Indianapolis Colts, which helped football draw $77.6 million in bets.

«Aside from the NFL’s expanded playoff, January was perhaps the most normal sports schedule since February 2020, offering our best gauge yet of where Indiana is as a market,» Welman said. «Even with increased competition from Michigan, which launched in late January, Indiana’s sportsbooks continue to perform well. Indiana’s significant interest in basketball differentiates the market from many in the U.S., and offers a positive sign for a market that is increasingly local.»

Online betting generated 85.1% of January’s handle, or $296.5 million. DraftKings/Ameristar Casino accounted for 35.2% of the state’s January handle with $122.6 million in bets, producing $9.4 million in gross receipts. FanDuel/Blue Chip Casino was second with $89.2 million in bets, and BetMGM/Belterra was third with $52.4 million.

Retail sportsbooks produced $51.7 million in January wagers, up from $47.4 million in January 2020. Hollywood Lawrenceburg, nearest Cincinnati, led the retail market with a $13.4 million handle.

«A year after launching, BetMGM has quietly become a major player in the state,» Gouker said. «DraftKings and FanDuel continue to be the dominant forces, but having more operators challenge the top is ultimately good for consumers.»

For more information, visit PlayIndiana.com/revenue.

About the PlayUSA.com Network:
The PlayUSA.com Network and its state-focused branches is a leading source for news, analysis, and research related to the market for regulated online gaming in the U.S.

Contact:
Zack Hall, DVA Advertising & PR, 541-389-2411, 291431@email4pr.com 

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SOURCE PlayIndiana.com

Familia presenta demanda por homicidio culposo contra la policía, la ciudad y el condado de Lancaster después de que la policía disparara a Ricardo Muñoz

CHICAGO, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — En busca de justicia para su hijo y con la esperanza de que los oficiales locales sean responsabilizados para prevenir futuras tragedias, Miguelina Peña entabló una demanda en la corte federal este lunes, nombrando al oficial de policía que le disparó a su hijo, al exjefe de policía, a la ciudad y al condado como acusados.

El hijo de la señora Peña, Ricardo Muñoz, 27, recibió un disparo fatal luego de que su familia contactara a la policía en busca…

CHICAGO, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — En busca de justicia para su hijo y con la esperanza de que los oficiales locales sean responsabilizados para prevenir futuras tragedias, Miguelina Peña entabló una demanda en la corte federal este lunes, nombrando al oficial de policía que le disparó a su hijo, al exjefe de policía, a la ciudad y al condado como acusados.

El hijo de la señora Peña, Ricardo Muñoz, 27, recibió un disparo fatal luego de que su familia contactara a la policía en busca de ayuda durante un episodio de salud mental el año pasado. El señor Muñoz, previamente diagnosticado con esquizofrenia y trastorno bipolar a comienzos de sus 20, era conocido en el departamento de policía local, al que la familia solía acudir por ayuda en situaciones similares.

El 13 de septiembre, la familia del señor Muñoz había llamado nuevamente a la línea directa de intervención de crisis, cuando Ricardo se agitó y comenzó a experimentar un episodio psicótico. Siguiendo las instrucciones del operador de intervención de crisis, la familia llamó a la línea policial local de no-emergencias para pedir ayuda, así como también al 911.

La policía local envió al oficial Karson Arnold a la residencia de la familia Muñoz. A minutos de la llegada del oficial Arnold, Ricardo Muñoz estaba muerto: herido de bala múltiples veces por el oficial en frente de su hogar, ante la vista horrorizada de su madre, la señora Peña.

Los abogados Steven Levin, Daisy Ayllon y Julie Murphy de Levin & Perconti en Chicago están representando a la familia Muñoz, junto con los abogados Michael Perna y Ryan Borchik de Perna & Abracht en el condado de Chester, Pensilvania.

La demanda, que surge a raíz de la decisión de los oficiales locales de no presentar cargos en contra del oficial Arnold en este respecto, señala que la ciudad y el condado no cuentan con procedimientos adecuados para atender personas que enfrentan crisis mentales y que el oficial no hizo ningún intento de contener la situación o de utilizar medios menos letales para brindarle seguridad al señor Muñoz.

«La muerte de Ricardo fue, en el mejor de los casos, el resultado predecible de un trabajo policial insensato y torpe, y devastadoramente evitable.  En el peor de los casos, fue el resultado directo del cínico e insensible desprecio por el bienestar de uno de los hijos menos afortunados de la sociedad», afirmó el abogado Michael Perna.

Citando las deficientes políticas de la ciudad en materia de supervisión y entrenamiento policial, la abogada Daisy Ayllon  añadió: «Finalmente, la demanda por la causa de Ricardo es acerca de una reforma a la salud mental, de la responsabilidad policial al atender personas que tienen desórdenes mentales que no han cometido crimen alguno y de la prevención de tragedias similares como resultado directo de una intervención policial dura y sin entrenamiento para ello».

«Hay ocasiones en que una comunidad debe ver más allá de sí misma para obtener justicia, y para eso es que existen las cortes federales. Pretendemos mostrar las deficiencias del sistema a la hora de responder a estas llamadas de ayuda», señaló la abogada Julie Murphy

En diciembre, el senador estadounidense Bob Casey (D-PA) introdujo dos proyectos que buscan reformar la manera en que la policía responde a nivel nacional a las personas con problemas de salud mental y otras discapacidades. Al mencionar la iniciativa legislativa, Casey se refirió al caso de Muñoz y a otros dos tiroteos policiales a hombres con desórdenes mentales en Pensilvania. En Filadelfia, tras el tiroteo policial de octubre a Walter Wallace, quien sufría de problemas mentales igual que Muñoz, hubo días de manifestaciones que incluyeron algunas protestas con episodios de violencia.

«Para su asombroso crédito, en vez de desahogar su rabia en los momentos de angustia, la familia de Ricardo evitó activamente la violencia tras su muerte, lo que le evitó a la ciudad de Lancaster una mayor tragedia», comentó el abogado Ryan Borchik.

La demanda de la familia Muñoz busca indemnización por daños y perjuicios a causa del dolor y sufrimiento de Ricardo, incluida la privación de atención médica tras el disparo, además de su injusta muerte y el daño emocional provocado a su madre al presenciar su asesinato y las lesiones físicas que sufrió al ser forzada contra el vehículo policial tras el tiro fatal a su hijo.

«La familia de Ricardo primero acudió a un centro local de apoyo a las crisis en busca de ayuda para su bien documentada condición mental, pero en vez de que llegara esa ayuda, llegó la policía y en cuestión de minutos habían dado muerte a su hijo y hermano. Luego, la familia acudió a la fuerza de orden local en busca de transparencia y responsabilidad, pero en vez de eso encontró una respuesta condescendiente de parte del fiscal del distrito y nada de transparencia. Ahora buscan justicia en la corte federal», dijo Steven Levin.

Levin & Perconti es una firma de abogados reconocida a nivel nacional que se enfoca en todo tipo de daños personales, malas prácticas médicas y litigios de homicidio culposo. Los abogados de Levin & Perconti están comprometidos con la protección y vindicación de los derechos de las personas que han sido lastimadas por negligencia de otras. Por favor, comuníquese con la firma llamando al (312) 332-2872 o visite el sitio www.levinperconti.com para obtener más información.

Contacto:
Debra Pickett
Page 2 Communications
deb@page2comm.com
773.368.7064

 

FUENTE Levin & Perconti