Enterprise Holdings Pledges $120 Million to Advance Social and Racial Equity and Expand the Fight Against Hunger

Enterprise Holdings Foundation Launches New «ROAD Forward» Initiative While Expanding Existing «Fill Your Tank» Commitment

Support for My Brother’s Keeper Alliance, UNCF, Girls Inc. and Parents as Teachers to Drive Social and Racial Equity in Local Communities

ST. LOUIS, Nov. 23, 2020 /PRNewswire/ — <a target="_blank"…

Enterprise Holdings Foundation Launches New «ROAD Forward» Initiative While Expanding Existing «Fill Your Tank» Commitment

Support for My Brother’s Keeper Alliance, UNCF, Girls Inc. and Parents as Teachers to Drive Social and Racial Equity in Local Communities

ST. LOUIS, Nov. 23, 2020 /PRNewswire/ — Enterprise Holdings, through the Enterprise Holdings Foundation, is elevating its focus on diversity, equity and inclusion with a new five-year, $55 million commitment to organizations that advance social and racial equity in communities around the world.

The company’s new initiative, Enterprise Holdings ROAD Forward, will increase Respect, Opportunity, Achievement and Diversity (ROAD) for youth and families by addressing three social and racial equity gaps in need of urgent attention: early childhood development, youth health and wellness, and career and college preparation. 

The Enterprise Holdings Foundation pledges $120 million to advance social and racial equity and expand the fight against hunger.

«Diversity, inclusion and strengthening the communities where we operate have been part of our guiding principles for more than 60 years,» said Enterprise Holdings Foundation President Carolyn Kindle Betz. «The Enterprise Holdings ROAD Forward initiative will open new doors for individuals in our communities who are disproportionately affected by lack of access to resources in the areas of education, health and wellness.»

In conjunction with the Enterprise Holdings ROAD Forward initiative, the Foundation is pledging an additional $65 million into Enterprise Fill Your Tank, a program launched in 2016 that has contributed more than $50 million to address food insecurity in local communities – an issue that often disproportionally affects people of color.

The company is pledging the funds to extend the program for five more years. The funds will continue to be distributed annually among Feeding America, Food Banks Canada and The Global FoodBanking Network, in addition to other local food banks and pantries in the communities served by Enterprise.

«Hunger is one more obstacle to success for too many young people of color, and we felt expanding our existing Fill Your Tank commitment was a natural complement to the ROAD Forward initiative.» Betz added. «Our decision to extend Fill Your Tank and launch ROAD Forward was also inspired by our employees, who often ask the Foundation to support causes they are passionate about.»

Paving the ROAD Forward 

As part of the Enterprise Holdings ROAD Forward initiative’s commitment to young people of color in underserved communities, the company will work with four nationally renowned nonprofit organizations  – The Obama Foundation’s My Brother’s Keeper Alliance, UNCF, Girls Inc. and Parents as Teachers.

Through these four distinct partnerships, the initiative will bring meaningful impact to local youth and families in the following ways:

  • Early childhood development: Support for Parents as Teachers will enable the organization to broaden the reach and effectiveness of its proven early childhood education programs to better connect with the needs of Black, Brown and Native American children. Key objectives of the partnership include refining its curriculum for diverse audiences, creating professional development sessions, subsidizing cultural adaptations of existing programs, translating program materials into Somali, Spanish and other languages, and underwriting new data equity research.
  • Youth health and wellness: Support for My Brother’s Keeper (MBK) Alliance will advance their mission to build safe and supportive communities for boys and young men of color where they are valued and have clear pathways to opportunity. Key objectives include supporting the 19 MBK Impact and Seed Communities in documenting and broadly disseminating best practices, lessons learned, and stories of inspiration and hope from youth and community leaders; and launching the MBK Framework to Affect Systems Change, which will help the hundreds of MBK Communities better define, document and increase their impact.
  • Youth health and wellness: Support for Girls Inc. will continue their mission to help all girls grow up «strong, smart, and bold» by funding work to assess and refine the organization’s proven Social and Emotional Learning frameworks that address racial injustice and inequities. Then, putting the updated framework into action with education, training and mentorship facilitated through affiliate programs.
  • Career and college preparation: Through UNCF, Enterprise will support more than 70 scholarships for first-generation Black college students to cover critical, but often unmet needs that can create barriers to college completion or successful career transitions. Scholarships will support non-tuition-related student needs such as emergency expenses, stipends to support extracurricular professional development and educational loan repayment.

«We are grateful for Enterprise acting with intention to address the systemic barriers that deny dreams for far too many of our kids,» said Michael D. Smith, Executive Director, My Brother’s Keeper Alliance. «Enterprise’s support will help accelerate impact in MBK Communities to reduce youth violence, grow effective mentorship programs, and measurably improve the lives of boys and young men of color.»

«We are honored and obliged to serve as Enterprise’s early childhood development partner on this important ROAD forward,» said Constance Gully, President and CEO, Parents as Teachers. «Working with parents directly during the most vulnerable stages of their child’s early development has a direct effect on reducing the educational disparities that can later result in income and health gaps. This generous investment in the work of Parents as Teachers will provide vital resources to reach and more effectively meet the needs of the thousands of Black, Brown, and Native American families we partner with across all 50 states.» 

«Providing girls with social and emotional support is critical to their well-being and ensures they can lead healthy and fulfilling lives. During these unprecedented times the need is even greater, especially for girls of color and those from underserved communities,» said Dr. Stephanie J. Hull, President and CEO, Girls Inc. «We are grateful to Enterprise for their partnership and investment in the work Girls Inc. is doing to further strengthen our capacity to provide girls with the experiences and mentorship that enable them to thrive.» 

«Support from the Enterprise ROAD Forward initiative is critically important for the talented and deserving students we serve,» said Dr. Michael L. Lomax, President and CEO, UNCF. «This new scholarship program helps us continue to empower more students of color to get to and through college. That is especially important now as we all face rising racial injustice and a health pandemic that’s affecting our communities quite severely. Thank you, Enterprise, and we look forward to working with your team to build better futures for many others.»

In addition, the Enterprise Holdings ROAD Forward initiative will allocate funds to its 70+ global operating teams over the next five years, empowering employees to take the lead in identifying pressing issues related to the program’s three focus areas in their communities and supporting local organizations that are best equipped to address them.

«These actions are the next steps in what will be a continuous journey to elevate our focus on equality and diversity – and to continue breathing inclusivity in everything we do,» said Enterprise Holdings President and Chief Executive Officer Chrissy Taylor. «It mirrors our internal efforts to advance social and racial equity within our very own walls – from our mentorship programs, to introducing new training and development and diversity councils, to forums that drive honest dialogue on these critical issues.»

The founder of Enterprise, Jack Taylor, established the company in 1957 with a fleet of seven cars. Today, Enterprise operates in more than 100 countries and territories and is the largest car rental company in the world, based on revenue, fleet size and number of locations. Jack Taylor started the Foundation in 1982 to give back to the communities that drove Enterprise’s growth and success. Since then, the Foundation and the Taylor family have contributed more than $1.4 billion to thousands of local nonprofits, with a special focus on community improvement, education and environmental stewardship. Meanwhile, each year Enterprise employees contribute their time and skills to thousands of national and local organizations in the cities and neighborhoods they serve.

For more information about Enterprise Holdings’ philanthropic initiatives, visit https://www.enterpriseholdings.com/en/corporate-social-responsibility/philanthropic-initiatives.html.

About Enterprise Holdings
Enterprise Holdings, Inc. is a leading provider of mobility solutions, owning and operating the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands through its integrated global network of independent regional subsidiaries. Enterprise Holdings and its affiliates offers extensive car rental, carsharing, truck rental, fleet management, retail car sales, as well as travel management and other transportation services to make travel easier and more convenient for customers. Privately held by the Taylor family of St. Louis, Mo., Enterprise Holdings manages a diverse fleet of nearly 1.7 million vehicles through a network of more than 9,500 fully staffed neighborhood and airport rental locations in nearly 100 countries and territories. For more information about Enterprise Holdings Inc., visit www.enterpriseholdings.com.

Enterprise Holdings ROAD Forward will address three social and racial equity gaps in need of urgent attention: early childhood development, youth health and wellness, and career and college preparation.

Enterprise Holdings Corporate Brands Logo.

Photo – https://mma.prnewswire.com/media/1340064/EHI_road_forward_02_Infographic.jpg

Photo – https://mma.prnewswire.com/media/1340063/EHI_road_forward_Infographic.jpg

Logo – https://mma.prnewswire.com/media/557711/Enterprise_Holdings_Corporate_Brands_Logo.jpg

Automotive Active Grille Shutter Market is likely to reach a multi-billion dollar valuation by 2030 – Persistence Market Research

NEW YORK, Nov. 23, 2020 /PRNewswire/ — A new study by Persistence Market Research (PMR) on the global automotive active grille shutter market predicts a sluggish albeit upward growth trajectory on the back of growing concerns over rising emission levels from passenger, light, and heavy commercial vehicles.

<div id="prni_dvprnejpgc98dleft"…

NEW YORK, Nov. 23, 2020 /PRNewswire/ — A new study by Persistence Market Research (PMR) on the global automotive active grille shutter market predicts a sluggish albeit upward growth trajectory on the back of growing concerns over rising emission levels from passenger, light, and heavy commercial vehicles.

Persistence Market Research Logo

With world fuel consumption continuously rising, demand for efficient automotive solutions increases at the same pace. Light-duty vehicles are often equipped with gasoline-powered spark ignition engine powertrains, and this makes them highly fuel-intensive. This brings the need for regular engine maintenance, which includes regulation of fuel burning, in turn, catalyzing the usage of active grille shutters.

Get PDF Brochure for Research Insights at: https://www.persistencemarketresearch.com/samples/32159

Key Takeaways from Automotive Active Grille Shutter Market Study

  • Europe is likely to remain a dominant region in the global automotive active grille shutter market, owing to exhaustive implementation of emission standards.
  • Passenger vehicles to retain lucrativeness, attributed to rising ownership of high-end luxury cars.
  • Horizontal vane active grille shutters to capture substantial market share by type.
  • The COVID-19 pandemic is expected to decelerate expansion, owing to prevailing sluggishness due to automotive production shortfalls

 «Manufacturers are increasingly foraying into emerging economies, as passenger vehicle ownership rises amid surging disposable income, providing credible growth opportunities to potential vendors in the automotive active grille shutter market space,» says a PMR analyst.

Request for Customized Report: https://www.persistencemarketresearch.com/request-customization/32159

Demand to Surge in Wake of Improved Aerodynamic Performance

Demand for automotive active grille shutters is increasing due to automotive ownership rising across the world. In the year 2019, sales of automotive across the world were more than 65 million vehicles. This has led to a simultaneous increase in the usage of automotive assembly parts such as active grille shutters. These shutters offer excellent aerodynamic performance.

Active grill shutters typically offer up reduction in vehicular weight and improvement in aerodynamic performance. Most luxury car companies equip their vehicles with the most advanced active grille shutters, which aid in the regulation of airflow so as to manage connective heat transfer.

Request for Full Report Access:  https://www.persistencemarketresearch.com/checkout/32159

Automotive Active Grille Shutter Market: Competitive Landscape

As per PMR’s analysis, the global automotive active grille shutter market is characterized by the presence of players such as Broze Fahrzeugteile GmbH, Johnson Electric Holding Ltd., Mirror Controls International, Sonceboz SA, Rochling Automotive, Magna International Inc., SRG Global, HBPO, Shape Corporation, Valeo Inc., and Others. These players largely focus on new product offerings, strategic collaborations, joint ventures, acquisitions, and technological innovations.

·  In September 2020, Magna International announced the acquisition of a majority ownership of Honglizhixin (HLZX), a prominent automotive seat supplier to the Chinese automobile industry, with the intention of deepening seat distribution networks throughout Mainland China.

·  In 2017, SRG GlobalTM inaugurated a new innovation center in Taylor, Michigan, USA, for the purpose of augmenting existing research capacities. The facility is specifically designed for prototyping, experimentation, and testing of products.

Explore More Valuable Insights on Automotive Active Grille Shutter Market

Persistence Market Research, in its new report, offers an impartial analysis of the global automotive active grille shutter market, presenting historical data (2015-2019) and estimation statistics for the period of 2020-2030. The study offers compelling insights on the automotive active grille shutter market based on shutter vane type (horizontal AGS & vertical AGS) and vehicle type (passenger vehicles, light commercial vehicles, and heavy commercial vehicles), across seven regions.

Browse Research Release at: https://www.persistencemarketresearch.com/market-research/automotive-active-grille-shutter-market.asp    

Browse End-to-end Market: Automotive 

Related Reports:

About Persistence Market Research 

Overview:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact
Rajendra Singh 
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States 
USACanada
Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com 
Visit Our Website: https://www.persistencemarketresearch.com 
Content Source: https://www.persistencemarketresearch.com/mediarelease/automotive-active-grille-shutter-market.asp  

Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg   

Global Autonomous Commercial Vehicle Industry Insight: P&S Intelligence

NEW YORK, Nov. 23, 2020 /PRNewswire/ — With advancements in the automotive technology, people’s demand for roadside assistance, smartphone connectivity, automobile diagnostics, traffic and collision warnings, and real-time traffic monitoring features in commercial vehicles is rising. This is leading to the increasing sale of connected vehicles, which, along with all these functionalities, also provide vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) connectivity.

<div…

NEW YORK, Nov. 23, 2020 /PRNewswire/ — With advancements in the automotive technology, people’s demand for roadside assistance, smartphone connectivity, automobile diagnostics, traffic and collision warnings, and real-time traffic monitoring features in commercial vehicles is rising. This is leading to the increasing sale of connected vehicles, which, along with all these functionalities, also provide vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) connectivity.

P&S Intelligence Logo

Due to this reason, the global autonomous commercial vehicle market for fully autonomous automobiles would reach $499.5 billion in 2030. This is because, being already equipped with V2I and V2V connectivity, such automobiles are easier to transform into autonomous vehicles, compared to conventional automobiles, says P&S Intelligence.

The automotive sector has been among the worst-hit due to the coronavirus pandemic. With countries entering a self-imposed lockdown, to limit the transmission of the virus among people, auto manufacturing plants have ceased operations or are working at a fraction of their actual capacity. In addition, since a partial or complete ban has been imposed on the transportation of non-essential goods, the supply of automotive components, both within and across countries, has been badly affected. As a result, the automotive industry is expected to suffer an up to 30% reduction in production and sales in 2020, compared to 2019.

Get the sample copy of this report at @ https://www.psmarketresearch.com/market-analysis/autonomous-commercial-vehicle-market/report-sample

Till 2030, the sale of alternative-fuel vehicles would rise faster than conventional-fuel variants, under the fuel type segment, due to the less-complex powertrain of automobiles running on alternative fuels, which makes the integration of autonomous-driving features easier. Moreover, in many countries, stringent emission-control regulations have been implemented and the government is offering grants, tax rebates, and other financial incentives to boost the uptake of eco-friendly vehicles. Another reason for the increasing deployment of alternative-fuel (primarily electric) autonomous commercial vehicles would be the declining cost of batteries and increments in their storage capacity.

The autonomous commercial vehicle market was dominated by the logistics category, under segmentation by application, till 2019. This is attributed to the rapid growth in the retail, e-commerce, and manufacturing industries, which has, in turn, helped the logistics sector expand. The increasing demand for logistical services would birth the need for an enhanced delivery option, to minimize loss in transit and offer more-cost-effective deliveries to end users. Autonomous truck convoys would have enhanced communication abilities and operational algorithms, thereby benefiting the overall logistics sector.

Browse detailed report with COVID-19 impact analysis on Autonomous Commercial Vehicle Market Research Report: By Vehicle Autonomy (Semi-Autonomous), Vehicle Type (Truck, Bus), Fuel Type (Conventional Fuel, Alternative Fuel), Application (Logistics, Public Transportation, Construction) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/autonomous-commercial-vehicle-market

The highest revenue in the industry has been generated by North America till now, owing to the fact that the region was the earliest deployer of the autonomous vehicle technology. Further, numerous automakers and software developers, such as General Motors Co., Waymo LLC,Tesla Inc., and Ford Motor Co., are involved in related research and development (R&D) in the region.

Make enquiry about this report at: https://www.psmarketresearch.com/send-enquiry?enquiry-url=autonomous-commercial-vehicle-market

To bring more certainty in their R&D and deployment efforts, companies offering autonomous commercial vehicles or the requisite components and software are increasingly raising funding.

The major companies in the global autonomous commercial vehicle market include General Motor Co., Ford Motor Co., Toyota Motor Corp., Fiat Chrysler Automobiles N.V., TuSimple Inc., Renault–Nissan–Mitsubishi Alliance, Kodiak Robotics Inc., Embark Trucks Inc., Einride AB, and Inceptio Technology (Shanghai) Co. Ltd.

Browse More Reports:

Europe Autonomous Car Market – https://www.psmarketresearch.com/market-analysis/europe-autonomous-car-market

Germany Autonomous Vehicle Market – https://www.psmarketresearch.com/market-analysis/germany-autonomous-vehicles-market

North American Autonomous Car Market – https://www.psmarketresearch.com/market-analysis/north-america-autonomous-car-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                      

Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg 

Ocean Infinity Adds World’s Largest Marine Robotic Vessels to its Armada Fleet

AUSTIN, Texas, Nov. 23, 2020 /PRNewswire/ — Ocean Infinity is excited to announce plans for the next phase of its Armada fleet of robotic vessels with a signed contract for eight 78-metre, optionally crewed robotic vessels.

Designed for today’s tasks but with tomorrow’s in mind, these exceptionally fuel-efficient, onshore-controlled vessels will initially only utilise a skeleton crew onboard.  In due course they will be capable of working with no personnel offshore whilst also consuming…

AUSTIN, Texas, Nov. 23, 2020 /PRNewswire/ — Ocean Infinity is excited to announce plans for the next phase of its Armada fleet of robotic vessels with a signed contract for eight 78-metre, optionally crewed robotic vessels.

Designed for today’s tasks but with tomorrow’s in mind, these exceptionally fuel-efficient, onshore-controlled vessels will initially only utilise a skeleton crew onboard.  In due course they will be capable of working with no personnel offshore whilst also consuming solely renewable fuel such as ammonia.

«The impact and the scale of this robotic fleet will spark the biggest transformation the maritime industry has seen since sail gave way to steam. With our new fleet we will be able to provide sustainable services to all corners of the industry from offshore energy, to logistics and transport» said Oliver Plunkett, CEO, Ocean Infinity.

He continued, «We, as an industry, have to embrace the need to be carbon neutral.  It is not, however, something that will be achieved overnight or indeed in a year, rather it will be a journey over time requiring bold leaps forward and challenge to all convention.  This move is a giant step forward towards that goal».

«Expanding our Armada fleet to include these larger vessels will enable us to support a wider spectrum of maritime activity, which from the outset will provide more sustainable outcomes with smaller crews and less power consumption than traditional vessels, whilst also creating new, safer job opportunities for the ‘seafarer of the future'».

The 78-metre vessels will supplement the current Armada fleet of nine 21-metre and 36-metre vessels, which are already in production and expected to operational by early 2021. The first 78-metre vessel is expected to launch in mid-2022.

The vessels are being designed and built by VARD, the international shipbuilding group headquartered in Norway.

«We are honoured to be chosen as Ocean Infinity’s preferred partner in this unique project.  We are working closely on unique custom design features and system integration allowing for remote operation, and the introduction of sustainable fuel such as green ammonia in close cooperation with regulatory bodies. Other features including high DP2 performance, vast deck space, and twin moonpools make the vessels ideally suited for various extended payload operations requiring precision such as ROV and AUV deployments and logistics», said Alberto Maestrini, CEO, VARD.  

Notes to Editors

About Ocean Infinity

Ocean Infinity is a marine robotics company that deploys autonomous robots, typically in fleet formation. Using the power of technology, Ocean Infinity’s mission is to thrive by delivering outstanding value for clients across all markets through finding the safest, most environmentally responsible and highest value ways of operating at sea.

Ocean Infinity announced in February 2020 that it was to launch the world’s first fleet of carbon neutral uncrewed robotic vessels, marking a major technological advance in the maritime industry.

For more information visit https://oceaninfinity.com/ 

Follow Ocean Infinity on LinkedIn: Ocean Infinity, Twitter: @Ocean__Infinity and Facebook: @OceanInfinityOfficial.

GAC MOTOR Lands in Chile With Its GS4, GS3, and GA4, building up strength in South America and Accelerating Global Expansion

SANTIAGO, Chile, Nov. 21, 2020 /PRNewswire/ — On November 19th, a special launch event created a buzz in the Chile car market. For the first time, the well-known GAC MOTOR introduced its three new blockbusters GS4, GS3, and GA4 to the Chile market, which has already attracted numerous media and consumers in Chile. Thus far, more than 700 effective sales leads, and 70 orders…

SANTIAGO, Chile, Nov. 21, 2020 /PRNewswire/ — On November 19th, a special launch event created a buzz in the Chile car market. For the first time, the well-known GAC MOTOR introduced its three new blockbusters GS4, GS3, and GA4 to the Chile market, which has already attracted numerous media and consumers in Chile. Thus far, more than 700 effective sales leads, and 70 orders have been received from customers; the market feedback was highly positive.

The luxurious launch event of three new blockbusters in Chile

Before the launch event, Chile’s local media had been exciting about the three new models. The famous Chilean presenters Juan Pablo Queraltó and Macarena Sanchez jointly hosted the event. As great car enthusiasts, based on their experiences on family travel, they introduced to the audience the GAC MOTOR brand as well as the unique advantages of GS4, GS3, and GA4.

The golden powertrain, the fashionable appearance designed by international masters, and the world-class quality make GS4 one of GAC MOTOR’s best-selling SUV models. The best-selling model is renowned for its excellent driving performance and durable quality in many markets worldwide. The GS4 gets a spacious interior space with 980mm best rear volume of the same class. The back seat can be laid flat 180°, which creates a large luggage space of over 1410L and meets the demand for large space for family travel.

GS3, another GAC MOTOR’s classic SUV, is also popular among young people. It carries several high technologies independently developed by GAC MOTOR, including the patented CCS combustion control. Also, GS3 features an 8-inch full-color central control screen that gives the interior a sense of technology while also providing a rich entertainment and smart function.

GA4 is the only model of sedan introduced by GAC MOTOR into the Chile market this time. Integrating GAC MOTOR’s design aesthetics of «Lighting Sculpture 2.0» and «Flying Dynamics,» the smooth lines and fashionable appearances make GA4 a refreshing change. The 4692mm long body ensures a luxurious and grand pattern. The compartment is specially equipped with a PM2.5 air purification function to guarantee a healthy travel experience.

At present, GAC MOTOR has established its presence in 26 countries and regions, successfully entered the South American markets. In the future, GAC MOTOR will continue to improve its product lineup, keep craftsmanship and excellent service at heart, and provide international customers with a pleasant travel experience.

Photo – https://mma.prnewswire.com/media/1339826/GAC_Motor_Image.jpg

AUTOCRYPT Named Automotive Cybersecurity Company of the Year in 2020 AutoTech Breakthrough Awards

Industry Awards Program Honors Innovative Global Companies in the Automotive and Transportation Sectors

SEOUL, South Korea, Nov. 20, 2020 /PRNewswire/ — AUTOCRYPT, a global leader in autonomous vehicle security solutions, announced today that the company has been named «Automotive Cybersecurity Company of the Year» in the inaugural AutoTech Breakthrough Awards program conducted by the Tech Breakthrough…

Industry Awards Program Honors Innovative Global Companies in the Automotive and Transportation Sectors

SEOUL, South Korea, Nov. 20, 2020 /PRNewswire/ — AUTOCRYPT, a global leader in autonomous vehicle security solutions, announced today that the company has been named «Automotive Cybersecurity Company of the Year» in the inaugural AutoTech Breakthrough Awards program conducted by the Tech Breakthrough organization, a leading market intelligence and recognition platform for the most innovative technology companies in the world. The awards aim to recognize breakthrough technology companies, services, and products in the global automotive and transportation industry, one that is quickly growing amidst the developments of autonomous driving and 5G.

«AUTOCRYPT has committed to securing the future of autonomous driving and smart mobility. Our expertise in V2X security technology has allowed us to secure over 5000 kilometers of smart roads, gaining recognition from the automotive industry. It is, therefore, with great pleasure we accept this award from Tech Breakthrough in this inaugural program,» said Daniel ES Kim, CEO of AUTOCRYPT. «As technology develops, the risks involved increase and security should be nonnegotiable. We hope that as Automotive Cybersecurity Company of the Year we can continue to innovate and encourage the automotive industry in putting security first.»

This year’s inaugural program attracted more than 1,250 nominations from over 12 different countries throughout the world. «AUTOCRYPT is trusted by many of the major automotive and technology players in the global autonomous vehicle industry, helping drive the world towards a safe and secure future of autonomous mobility,» said Bryan Vaughn, Managing Director, AutoTech Breakthrough Awards. «We are proud to award AUTOCRYPT with one of our marquee awards in the AutoTech Breakthrough Awards program, the Automotive Cybersecurity Company of the Year designation, honoring the Company’s focus on innovation and the delivery of comprehensive solutions to protect the safety of drivers and pedestrians.»

Working with government and public institutions, the company has secured all smart roads in South Korea and is currently expanding business into China with its C-SCMS compliant technology. Offering decades of experience along with the most C-ITS security infrastructure in the world, AUTOCRYPT provides customizable solutions that leave no part of the autonomous vehicle ecosystem behind.

AUTOCRYPT is the leading player in transportation security technologies. Beginning in 2007 as an in-house venture at Penta Security Systems Inc., AUTOCRYPT spun off as a separate entity in 2019 as its presence expanded worldwide. Recognized by TU-Automotive as the Best Auto Cybersecurity Product/Solution of 2019, AUTOCRYPT continues to pave the way in transportation and mobility security through a multi-layered, holistic approach. Through security solutions for V2X/C-V2X, V2G (including PnC security), in-vehicle security, and Fleet Management, AUTOCRYPT ensures that security is prioritized before vehicles hit the road.

AutoTech Breakthrough, part of Tech Breakthrough, is a leading market intelligence and recognition platform for global technology innovation and leadership, honoring excellence in automotive technologies, services, companies and products. The AutoTech Breakthrough Awards program provides a forum for public recognition around the achievements of AutoTech companies and solutions in categories including Connected Car, Electric Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic Tech, Vehicle Telematics and more. For more information visit AutoTechBreakthrough.com

US Electric Vehicles Market Set to Register Nearly Five-fold Growth by 2025, Says Frost & Sullivan

Incentives and subsidies to drive EV ownership in the country and create new growth opportunities

SANTA CLARA, Calif., Nov. 19, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Transitory Trends in the Electric Vehicle Ecosystem in the United States, 2025, finds that the electric vehicle (EV) market in the United States is expected to flourish with government incentives driving EV ownership….

Incentives and subsidies to drive EV ownership in the country and create new growth opportunities

SANTA CLARA, Calif., Nov. 19, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Transitory Trends in the Electric Vehicle Ecosystem in the United States, 2025, finds that the electric vehicle (EV) market in the United States is expected to flourish with government incentives driving EV ownership. The study also examines various trends in EV sales since 2010, factors contributing to growth, the current charging infrastructure, the road ahead, and much more. The xEV market in the US is estimated to register a nearly five-fold growth, reaching almost 7 million unit sales by 2025 from 1.4 million unit sales in 2020.

Photo – https://mma.prnewswire.com/media/1338895/Electric_Car.jpg  

For further information on this analysis, please visit: http://frost.ly/4ua

«Over 90% of states offer incentives for setting up EV charging infrastructure,» said Prajyot Sathe, Industry Manager, Mobility Practice at Frost & Sullivan. «Only a few states offer the usage of high-occupancy vehicle lanes. However, meaningful quality of life incentives and exemptions are offered across 39 states in the United States, including easier payment plans for the purchase of EVs, limited-time incentives to accelerate EV adoption/conversion and lack of requirements for emission inspections across several states.»

Sathe added: «Mild hybrid electric vehicles (MHEVs) and full hybrid electric vehicles (FHEVs) will account for the maximum market share of 89.6% combined in the xEV market by 2025, with an almost equal split between them. Additionally, battery electric vehicles (BEVs) will witness impressive sales, followed by plug-in hybrid electric vehicles (PHEV) sales over the forecast period.»

Market participants should focus on the following trends for success:

  • Battery-operated Electric Vehicles (BEVs): EV ownership incentives such as being exempt from state motor vehicle emissions inspections in Massachusetts and Colorado are among the primary reasons BEVs are expected to witness increased demand by 2025.
  • Plug-in Hybrid Electric Vehicles (PHEVs): Although PHEV sales are expected to almost double by 2025, they will be the slowest-growing EV segment. This is unlikely to change unless better incentives are offered.
  • Mild Hybrid Electric Vehicles (MHEVs): Since their launch in 2018, MHEVs have gained popularity in the US market, primarily due to their 48V architecture. OEMs should launch models on the 48V MHEV platform to gain significant market share in a competitive market.
  • Fully Hybrid Electric Vehicles (FHEVs): FHEVs are expected to remain the most popular HEV model. They accounted for 41.7% of all EV sales in 2020 and are expected to climb to 44.6% by 2025, boosted by changes in the charging infrastructure and state incentives.

Transitory Trends in the Electric Vehicle Ecosystem in the United States, 2025 is the latest addition to Frost & Sullivan’s Automotive & Transportation research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Transitory Trends in the Electric Vehicle Ecosystem in the United States, 2025
K39B-18

Media Contact:
Srihari Daivanayagam, Corporate Communications
M: +91 9742676194; P: +91 44 6681 4412
E: srihari.daivanayagam@frost.com

http://ww2.frost.com

 

Volvo Cars «ultimate driving simulator» uses latest gaming technology to develop safer cars

GOTHENBURG, Sweden, Nov. 19, 2020 /PRNewswire/ — Volvo Cars engineers call it «the ultimate driving simulator», but it is not just an excuse for them to indulge their inner basement gamer. Instead, the Swedish company’s ground-breaking mixed-reality simulator is used to make new strides in safety and autonomous driving technology.

<a…

GOTHENBURG, Sweden, Nov. 19, 2020 /PRNewswire/ — Volvo Cars engineers call it «the ultimate driving simulator», but it is not just an excuse for them to indulge their inner basement gamer. Instead, the Swedish company’s ground-breaking mixed-reality simulator is used to make new strides in safety and autonomous driving technology.

Volvo Cars engineers call it «the ultimate driving simulator», but it is not just an excuse for them to indulge their inner basement gamer. Instead, the Swedish company’s ground-breaking mixed-reality simulator is used to make new strides in safety and autonomous driving technology.

A setup with a moving driving seat, a steering wheel with haptic feedback and a crystal-clear virtual reality headset would make any serious gamer jealous, but Volvo Cars’ simulator takes this concept to the next level, making it hard to tell reality from simulation. Which is exactly the point.

Using cutting-edge technology from the leading real-time 3D development platform Unity and Finnish virtual and mixed reality experts Varjo, the simulator involves driving a real car on real roads. It combines life-like, high definition 3D graphics, an augmented reality headset, and a full-body Teslasuit that provides haptic feedback from a virtual world, while also monitoring bodily reactions.

This combination of software and hardware allows Volvo Cars engineers to endlessly simulate traffic scenarios on a real test track road while using a real car, all in total safety. Engineers can gain important insights on the interaction between people and the car for development of new safety, driver assistance and autonomous driving features.

Testers can be exposed to imagined active safety and driver assistance features, upcoming autonomous drive user interfaces, future car models and many other scenarios. It can be used on real test track roads or in the test lab, and every scenario is fully customizable. The possibilities are literally endless.

Volvo Cars «ultimate simulator» was demonstrated yesterday in an event live-streamed from Volvo’s Open Innovation Arena and hosted by a team of its innovation experts. You can watch the event on demand HERE.

Last year, together with Varjo, Volvo Cars became the first car maker to make it possible to drive a real car while wearing a mixed reality headset. Now that collaboration has been expanded to include Unity and full-body haptic suit maker Teslasuit. 

According to Casper Wickman, senior leader of User Experience at Volvo’s Open Innovation Arena and one of the hosts of the livestream, this enables Volvo Cars to study authentic human reactions in a safe environment and at a fraction of the cost of a real test. 

«Working together with great companies like Varjo, Unity and Teslasuit has allowed us to test so many scenarios that look and feel totally real, without having to physically build anything,» says Casper Wickman. «It lets us test drive actual cars in through traffic scenarios that look and feel real, but can be adjusted at the touch of a button.»

When developing safety systems for cars, like collision-avoiding technologies, testing is crucial. But testing these systems in reality can be dangerous, time-consuming and expensive. Virtual and mixed reality simulations, however, allow for perfectly safe testing in authentic environments, without having to build any physical prototypes or set up complex scenarios.

«By using this cutting-edge technology, we are exploring and leading the development for creating safe cars in the future. It’s great to play a part in that,» said Casper Wickman.

Watch the full livestream recording here and download the summary video of the event here.

Technology showcased:

Varjo Mixed Reality Headset

Last year, Volvo Cars, together with Varjo, became the first car maker to make it possible to drive a real car while wearing a mixed reality headset. The Varjo XR-1 Developer Edition headset uses video cameras to enable mixed reality and provides mixed or virtual reality at a high-definition resolution. With the Varjo XR-1 headset, the objects and environments created in Unity can be seamlessly integrated into the real world.

Teslasuit

Through the application of forces, vibrations, or motions, haptic technology makes it possible to recreate the experience of touch when interacting with the virtual world. By wearing Teslasuit’s advanced full-body haptic suit, Volvo’s simulation testers can physically feel small reproductions of the forces one would experience in a crash, while experiencing no actual risk. The suit also enables Volvo’s engineers to test these reactions by studying how muscles, stress levels, and heart rate react under stress, and apply this learning in creating the next generation of safety systems aimed at avoiding and mitigating risky situations.

Unity Simulation Engines

The simulation scenarios are created using the latest real-time 3D software from Unity, the company behind one of the world’s most popular development platforms for video game development. Using Unity, Volvo experts can create virtual environments and objects to use in simulations or put a fully accurate 3D model of any Volvo car design into any virtual environment, assessing the design in different lights, locations and weather.

Photo:  https://mma.prnewswire.com/media/1338808/Volvo_Cars_ultimate_driving_simulator_1.jpg
Photo: https://mma.prnewswire.com/media/1338809/Volvo_Cars_ultimate_driving_simulator_2.jpg
Photo: https://mma.prnewswire.com/media/1338810/Volvo_Cars_ultimate_driving_simulator_3.jpg
Video: https://mma.prnewswire.com/media/1338885/Volvo_Cars_Livestream_highlights.mp4

 

 

Airbiquity Joins Automotive Industry Consortium AUTOSAR as Development Partner

Airbiquity will ensure OTAmatic product compliance with AUTOSAR specifications and contribute to AUTOSAR software requirements and platform development

SEATTLE, Nov. 19, 2020 /PRNewswire/ — Airbiquity®, a global leader in connected vehicle services, today announced it has joined <a…

Airbiquity will ensure OTAmatic product compliance with AUTOSAR specifications and contribute to AUTOSAR software requirements and platform development

SEATTLE, Nov. 19, 2020 /PRNewswire/ — Airbiquity®, a global leader in connected vehicle services, today announced it has joined AUTOSAR, a worldwide development partnership of car manufacturers, suppliers, and other companies, as a development partner. With more than 280 partners around the world, AUTOSAR aims to standardize the software architecture of vehicle electronic control units (ECUs) to improve the overall efficiency of automotive system software development and integration.

Airbiquity Logo

Airbiquity will enhance compatibility of its OTAmatic® over-the-air (OTA) software and data management offering with AUTOSAR based devices and systems. As an AUTOSAR development partner, Airbiquity will also be a member of the Update and Configuration Management working group and will contribute to future standard releases, including software development for the Adaptive Platform Demonstrator.

«AUTOSAR is an important initiative in the automotive industry that benefits both automakers and suppliers,» said John Tuttle, Vice President of Engineering at Airbiquity. «As such, ensuring OTAmatic works seamlessly with AUTOSAR is a top priority for our company. We also look forward to contributing our expertise and effort to the group and working with other member companies to speed and refine the standardization of ECU software architectures for future production vehicles.»

To learn more about Airbiquity visit www.airbiquity.com.

About Airbiquity
Airbiquity® is a pioneer in automotive telematics software technology and cloud-based connected vehicle service delivery. Always at the forefront of automotive innovation, Airbiquity concepts, engineers, and deploys the industry’s most advanced connected vehicle solutions. Working with Airbiquity, automakers and automotive suppliers have realized highly scalable, manageable, and secure connected vehicle programs meeting the needs of their customers in over 60 countries around the world. Airbiquity’s latest offering is OTAmatic® for multi-ECU over-the-air (OTA) software and data management featuring vehicle and cloud-based software components and the Uptane security framework for comprehensive cybersecurity protection. Learn more about Airbiquity and OTAmatic at www.airbiquity.com or join the conversation @Airbiquity.

About AUTOSAR
AUTOSAR (AUTomotive Open System ARchitecture) is a worldwide development partnership of car manufacturers, suppliers and other companies from the electronics, semiconductor and software industries. Since 2003, they have been working on the development and introduction of an open, standardized software architecture for the automotive industry. By simplifying replacement and the update options for software and hardware, the AUTOSAR approach forms the basis for reliably controlling the growing complexity of electrical and electronic systems in motor vehicles. In addition, AUTOSAR improves cost efficiency without compromising quality. The «core partners» of AUTOSAR are the BMW Group, Bosch, Continental, Daimler AG, Ford, General Motors, PSA Group, Toyota and the Volkswagen Group. In addition to these companies, more than 200 partners play an important role in the success of the partnership. Companies, which join the AUTOSAR Development Partnership, can use the specifications free of charge.

Media Contact
Zach Pickett
airbiquity@barokas.com 

Logo – https://mma.prnewswire.com/media/177305/airbiquity_logo.jpg

Nine of the Top Global Car Manufacturers Turbocharge CX with Bright Pattern

Leading car manufacturers in North America, Europe, Asia, and Latin America have deployed Bright Pattern’s cloud omnichannel contact center software to power and improve customer service, sales, and marketing

SOUTH SAN FRANCISCO, Calif., Nov. 18, 2020 /PRNewswire/ — <a target="_blank"…

Leading car manufacturers in North America, Europe, Asia, and Latin America have deployed Bright Pattern’s cloud omnichannel contact center software to power and improve customer service, sales, and marketing

SOUTH SAN FRANCISCO, Calif., Nov. 18, 2020 /PRNewswire/ — Bright Pattern, a leading provider of AI-powered cloud contact center software, has been deployed by nine multinational car manufacturers, including the largest and second largest car manufacturers worldwide, the largest seller of luxury vehicles, and the global market leader in hybrid vehicles.

Bright Pattern Logo

Bright Pattern contact center software has been chosen by automobile manufacturers because of its ease of use, enterprise functionality, scalability, reliability, variety of traditional and digital channels, plug-and-play integrations, and AI-powered functionality for easy deployment and management of virtual or remote agents. Two auto companies selected Bright Pattern in the last quarter, bringing the total of global auto companies now using Bright Pattern up to nine. Bright Pattern was first selected by a global luxury auto manufacturer but is now being used by brands covering much of the automotive market.

«Bright Pattern powers customer service, sales, and marketing functions for several of the leading automobile brands,» said Michael McCloskey, CEO of Bright Pattern. «Whether these brands are supporting luxury buyers or more cost-conscious buyers, all customers expect the best when it comes to basic customer support or concierge services. Bright Pattern provides innovative, personalized, omnichannel communications these companies need with the easiest to use and highest ROI cloud contact center platform.» 

Companies of all sizes select Bright Pattern to support their customer care organizations because of its simplified – yet robust – omnichannel platform, offering traditional channels; emerging channels like Facebook Messenger; in-app customer support; enterprise functionality; cloud-first architecture; and the ability to modify without the use of outside services. Bright Pattern was recently recognized by Ovum as a Market Challenger, by Omdia for best platform functionality, by Frost & Sullivan as a top-performing vendor, and by Gartner as a leader in the Call Center FrontRunners Quadrant.

About Bright Pattern
Bright Pattern provides the simplest and most powerful AI-powered omnichannel contact center software for innovative midsize and enterprise companies. With the purpose of making customer service brighter, easier, and faster than ever before, Bright Pattern offers the only true omnichannel cloud platform with embedded AI that can be deployed quickly and nimbly by business users—without costly professional services. Bright Pattern allows companies to offer an effortless and personal customer experience across channels like voice, text, chat, email, video, messengers, and bots. Bright Pattern also allows companies to measure and act on every interaction on every channel with embedded AI omnichannel quality management. The company was founded by a team of industry veterans who pioneered the leading contact center solutions and are now delivering an architecture for the future with an advanced cloud-first approach. Bright Pattern’s cloud contact center solution is used globally in over 26 countries and 12 languages.

Logo – https://mma.prnewswire.com/media/967243/Bright_Pattern_Logo.jpg