Categoría: Hispanicmotorpress

Strongest Car Brain Determined on the First Day of 2020i-VISTA Grand Challenge

CHONGQING, China, Sept. 14, 2020 /PRNewswire/ — «Go!» At 9 a.m. on September 12th, with the referee’s order, «2020i-VISTA Grand Challenge» kicked off in Lijia Park of China General Technology Group and China Automotive Technology and Research Center, Chongqing. On the first day of the Grand Challenge, Yuanzhen Team, formed by Northwestern Polytechnical University and Jiangsu…

CHONGQING, China, Sept. 14, 2020 /PRNewswire/ — «Go!» At 9 a.m. on September 12th, with the referee’s order, «2020i-VISTA Grand Challenge» kicked off in Lijia Park of China General Technology Group and China Automotive Technology and Research Center, Chongqing. On the first day of the Grand Challenge, Yuanzhen Team, formed by Northwestern Polytechnical University and Jiangsu University, won the «Strongest Car Brain» with a high score of 2040.

2020i-VISTA Grand Challenge

The organizer of the 2020i-VISTA Grand Challenge planned a nearly 6 kilometers track in the 3.5 square-kilometer arena in Lijia Park. The challenge scenarios simulate L4-L5 automatic driving of typical Chongqing urban traffic, with complex road conditions such as tunnels and hump-back bridges. Many random scenarios were set, such as traffic lights, pedestrians running a red light, jaywalkers, and traffic flow when merging to a main road. It also set up the scenarios fusing automatic driving and 5G C-V2X, such as pedestrian crossing (V2I) and ambulance avoidance (V2V). The challenge also tested the vehicle’s «human-like driving» ability, such as the driving speed when passing an intersection under a green light, the driving speed at an intersection without signal lights and pedestrian on the sidewalk, parking service, automatic underground parking, etc.

Among the 15 professional teams that entered the final, 14 teams, including Tsinghua University, Chongqing University of Posts and Telecommunications and Anhui Jianghuai Automobile Group (JAC), finished the race successfully. The Yuanzhen Team won the champion. The Mr JAC Commercial Vehicle Team from JAC came second only by 1.6 points. The Jinglong No.1 Team from Robotics College of Beijing Union University won the third place.

A Virtual Simulation Challenge was newly added. The simulation scenarios include L4 automatic driving in the park and high-grade automatic driving on the highway. All the scenarios come from «i-Scenario», a Chinese Typical Driving Scenarios Library of the Intelligent Connected Technology of CAERI.

According to the schedule, the ADAS Challenge will be held in Lijia Baiyun Lake Park on September 13th. 22 consumer players with their production cars will compete in AEB automatic braking and APS automatic parking. The Commercialization Process Challenge will be held in Lijia Jinhai Avenue on September 14th.

Photo – https://mma.prnewswire.com/media/1273087/iChongqing_2020i_VISTA_Grand_Challenge.jpg

 

Casio to Release EDIFICE Collaboration Models with Scuderia AlphaTauri

TOKYO, Sept. 14, 2020 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of new additions to the EDIFICE line of high-performance metal chronographs based on the brand concept of «Speed and Intelligence.» The new EQB-1100AT and ECB-20AT watches are collaboration models with Scuderia AlphaTauri Formula One team, winner of the 2020 Italian GP.

<img id="prnejpg2875left" title="EQB-1100AT／ECB-20AT"…

TOKYO, Sept. 14, 2020 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of new additions to the EDIFICE line of high-performance metal chronographs based on the brand concept of «Speed and Intelligence.» The new EQB-1100AT and ECB-20AT watches are collaboration models with Scuderia AlphaTauri Formula One team, winner of the 2020 Italian GP.

EQB-1100AT／ECB-20AT

Casio had been an official partner of the Scuderia Toro Rosso since 2016. The EQB-1100AT and ECB-20AT collaboration models are the first since the team changed its name to Scuderia AlphaTauri in this season. The dials feature a gradated navy blue and white color scheme, taking after the Scuderia AlphaTauri team colors and exactly the same navy blue as the EDIFICE brand color. The ECB-20AT features a navy blue case and band. Both models are inscribed with the team logo on the dial, case back, and band, part of a design that is infused with the world view of Scuderia AlphaTauri.

The EQB-1100AT features a thin 9.6 mm case and an octagonal bezel combined with carbonused extensively in motorsports. The watch can simultaneously display the time in two cities. The ECB-20AT is equipped with a Schedule Timer, with the addition of a leather band inscribed with the team logo. On both models, the face is made of scratch-resistant sapphire crystaltough enough for team mechanics.. The watches also automatically adjust the time when paired with a smartphone using a dedicated app. Both models are inscribed with the team logo on the dial, case back, and band, part of a design that is infused with the world view of Scuderia AlphaTauri. These are special collaboration models that support team members who travel around the world and need to schedule things down to the minute.

EQB-1100AT／ECB-20AT

 

EQB-1100AT／ECB-20AT

Scuderia AlphaTauri

Based in Italy, Scuderia AlphaTauri is a racing team whose roster is filled with up-and-coming young drivers. This season, the team just changed its name from Scuderia Toro Rosso. The team brings its youthful energy, racing cars powered by outstanding technological innovation, and the passionate pursuit of speed to the Formula One circuit. Believing these qualities perfectly match the EDIFICE brand concept, Casio has been an official team partner since 2016.

EDIFICE: https://www.edifice-watches.com/

Photo – https://mma.prnewswire.com/media/1252569/EQB_1100AT_ECB_20AT.jpg
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Is an «extended warranty» too good to be true? GAC MOTOR compares the fine print to find out

GUANGZHOU, China, Sept. 13, 2020 /PRNewswire/ — When making a significant purchase such as a car, buyers are increasingly becoming concerned about future maintenance costs, which makes quality assurance a critical consideration. Often, consumers are attracted to the «extended warranty» deals advertised by manufacturers.

<img id="prnejpgc326left" title="Reading into GAC MOTOR’s…

GUANGZHOU, China, Sept. 13, 2020 /PRNewswire/ — When making a significant purchase such as a car, buyers are increasingly becoming concerned about future maintenance costs, which makes quality assurance a critical consideration. Often, consumers are attracted to the «extended warranty» deals advertised by manufacturers.

Reading into GAC MOTOR’s warranty: Understanding the “secrets” behind the car industry’s warranty policies

This warranty sounds attractive, but is it reliable? Reading into the fine print, we realized when brands advertise an «extended warranty,» this usually does not cover the whole car. Instead, different parts of the vehicle have separate warranty periods. However, how many consumers have realized this «secret»?

Comparing time-based warranties: A comparison based on individual car mileage

A full warranty is the leading advertising attraction for car manufacturers today. To a certain extent, it reflects the confidence the car manufacturers have in their products. However, we found out that a full car warranty coverage does not necessarily include a warranty for all the vehicle components. It typically covers only large pieces that are not easy to wear out.

GAC MOTOR’s extended warranty is valid for five years or up to 150,000 kilometers, while another brand covers six years or up to 200,000 kilometers. However, does the duration in the warranty coverage make it necessarily better? Based on an average car mileage for better consideration, we believe it is a negligible difference. For example, a family car would clock an average distance of 20,000 kilometers annually. Based on this data, there was no discrepancy in the condition of the main components when comparing between five or six years.

Comparing component warranty policies: The more components covered, the better

Consumers often overlook the lifespan of consumable car components which requires constant replacement every three years. If manufacturer warranties do not encompass these items or the warranty period covered is too short, this will increase the periodic maintenance expenditure for car owners.

Under the warranty terms for consumable car components, GAC MOTOR covers up to 20 items, which is significantly more than the industry average.

Warranty duration of accessories: Focus on car components which are frequently used

Consumers should also pay attention to the duration of the warranty period for accessories. Most car components warranties are shorter than the full car warranty duration. For example, the commonly used headlights and suspension warranty period are typically three months or up to 5,000 kilometers, or three years or up to 10,000 kilometers. However, GAC MOTOR extends the same warranty duration of 5 years or up to 150,000 kilometers for these same parts.

In conclusion, when purchasing a car, consumers should be aware of extended warranties and their conditions. Through comparison, we found out that GAC MOTOR has a competitive edge through its offerings of extended warranty policies, car components coverage, and warranty period duration for peripherals. These truly safeguard car owner’s interests, which lets buyers achieve a worry-free experience when purchasing a car.

Photo – https://mma.prnewswire.com/media/1273034/GAC_MOTOR_Warranty_Secrets.jpg  

On route to sustainability – Manchester’s green buses powered by Centrica technology

Stagecoach’s newly opened green mass transportation scheme in Manchester is being powered by Centrica’s Electric Vehicle (EV) enablement solution

LONDON, Sept. 11, 2020 /PRNewswire/ — Centrica Business Solutions has provided bus charging infrastructure for Stagecoach which is delivering one of Europe’s largest single investments in electric buses, after securing £6.9m in support funding from the Department of…

Stagecoach’s newly opened green mass transportation scheme in Manchester is being powered by Centrica’s Electric Vehicle (EV) enablement solution

LONDON, Sept. 11, 2020 /PRNewswire/ — Centrica Business Solutions has provided bus charging infrastructure for Stagecoach which is delivering one of Europe’s largest single investments in electric buses, after securing £6.9m in support funding from the Department of Transport’s Ultra Low-Emission Bus Scheme (ULEB).

A total of 32 fully electric double-decker e-buses have been introduced on routes in Manchester, with a further two also live in Cambridge.

The Enviro EV400 bus is a joint venture between Alexander Dennis, which delivered the chassis, body and internal furnishings, while the batteries and drive train were provided by BYD. Each has a range of up to 190 miles and capacity to carry around 80 passengers.

The e-bus fleet operates two key high frequency services connecting Manchester city centre, Manchester Airport, five hospitals and two universities, saving 920,000 litres of diesel a year and reducing annual CO2 by 2,400 tonnes.

The buses are equipped with two charging points and each charger has twin 40kW AC feeds. When combined, the 80kW supply means the buses can be recharged in just three and a half hours.

Centrica Business Solutions led the design and delivery of the charging infrastructure project which includes a new 6.6kV HV timed connection, 2MVA transformer, on site solar generation and charger energy management system. The system is built with expansion in mind, enabling Stagecoach to scale their energy needs, when further routes are electrified.

Stagecoach is the UK’s biggest investor in hybrid-electric bus technology, investing more than £1billion in new greener buses over the past decade.

Elisabeth Tasker, Managing Director of Stagecoach Manchester, said: «This is a significant milestone in the history of transport in Greater Manchester and represents one of the biggest single investments in electric buses anywhere in Europe. It will deliver major benefits for our customers, the region and other road users in delivering greener transport on some of Manchester’s busiest roads.» 

Chris Jackson, Head of Fleet Partnerships at Centrica Business Solutions, said, «Stagecoach is a fantastic partner to work with and it is a privilege to support them with their decarbonisation strategy. These buses must go out on time, every time and that was our primary objective – the success of this project came as a result of sharing our expertise derived from a long history in energy, infrastructure and optimisation. All of which means Stagecoach can maximise the use of lower cost, off-peak electricity and, in turn, reduce the cost per mile of operation.»

Centrica Business Solutions developed a dynamic charging schedule which means Stagecoach can access lower energy costs, and take advantage of surplus energy on the grid, ensuring the cost for upgrading their supply was minimised.

World First Aid Day 2020: XCMG Unveils Its First Emergency and Fire Rescue Vehicles

XUZHOU, China, Sept. 11, 2020 /PRNewswire/ — XCMG(SZ:000425) has sent off four multi-function emergency and fire rescue vehicles to Golmud, Qinghai Province a week ago, the emergency response vehicles developed by XCMG Research Institute opens a new chapter for the commercial application of emergency rescue solutions.

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XUZHOU, China, Sept. 11, 2020 /PRNewswire/ — XCMG(SZ:000425) has sent off four multi-function emergency and fire rescue vehicles to Golmud, Qinghai Province a week ago, the emergency response vehicles developed by XCMG Research Institute opens a new chapter for the commercial application of emergency rescue solutions.

Since 2016, XCMG has made the development, application and promotion of emergency fire and rescue vehicles a priority. Taking part in key state projects to research basic theories, core technologies and equipment design, XCMG has managed breakthroughs in improving poor manoeuvrability, low efficiency and the single function limitation of emergency rescue equipment to improve China’s public safety capabilities.

A total of 10 emergency rescue vehicles were delivered to six demonstration bases. The four vehicles en route to Golmud are the JY18 and JY20 emergency rescue fire engines, QC700 fire-fighting equipment truck and JY10 rescue vehicle.

  • The JY18 is an all-rounder equipped with XCMG’s self-developed, highly manoeuvrable duo-bridge, all-terrain chassis and is suited for the emergency rescue from natural disasters including earthquakes, landslides, floods and mudslides.
  • The JY10 is a strong model designed for equipment storage transportation and is equipped to tackle hazardous chemical leaks with dry sand as extinguishing agent.
  • The QC700 can carry more than 700 pieces of rescue equipment from 120 categories.

«The design and production of safety industry equipment has always been part of XCMG’s strategy and mission to shoulder social responsibly. The safety industry is fundamental and integral to economic development, and XCMG is actively sharing knowledge through mutual learning, including hosting fires rescue drills and setting the industry standards.» said Wang Min, chairman and CEO of XCMG and President of the China Safety Industry Association.

XCMG is committed to providing emergency rescue relief and support and has participated in major rescue and disaster-relief projects worldwide, including the dam disaster in Brumadinho, Brazil last year as well as earthquake and flood rescue missions in China.

About XCMG

XCMG is a multinational heavy machinery manufacturing company with a history of 77 years. It currently ranks fourth in the world’s construction machinery industry. The company exports to more than 187 countries and regions around the world.

For more information, please visit: www.xcmg.com, or XCMG pages on Facebook, Twitter, YouTube, LinkedIn and Instagram.

Photo – https://mma.prnewswire.com/media/1252610/XCMG_Emergency_Fire_Rescue_Vehicles.jpg 

Lear Wins 2 J.D. Power Seat Quality Awards, Sweeps Mass Market Car Categories

SOUTHFIELD, Mich., Sept. 11, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has received two J.D. Power 2020 U.S. Seat Quality and Satisfaction StudySM awards, sweeping the mass market car…

SOUTHFIELD, Mich., Sept. 11, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has received two J.D. Power 2020 U.S. Seat Quality and Satisfaction StudySM awards, sweeping the mass market car categories.

Lear also placed six seats in the top three across the seven product segments included in the study – more than any other automotive supplier.

Based on the annual J.D. Power Seat Quality and Satisfaction Study, the awards reflect the owners’ experience with the quality, design and features of the automotive seating system for models sold in the U.S.

Lear’s seating systems won the following product segments:

  • Mass Market Compact Car with the Chevrolet Sonic
  • Mass Market Midsize/Large Car with the Chevrolet Impala (Oshawa Flex Line, Canada)

Lear also placed second in the mass market midsize/large category with the Ford Fusion and placed three other seats in the top three in the mass market compact SUV (Hyundai Tucson (Ulsan 5 Plant, Korea), mass market truck/van (Chevrolet Silverado) and luxury SUV (Jaguar E-Pace).

«From the design studios and engineering centers to our manufacturing plants, we place tremendous importance on quality in every product that we manufacture,» said Frank Orsini, Executive Vice President and President, Seating. «The coveted J.D. Power awards validate our company vision of Making every drive better™ with seating solutions that meet the highest standards of excellence set by automakers and their customers.»

The J.D. Power 2020 U.S. Seat Quality and Satisfaction Study is based on responses from 87,282 purchasers and lessees of new 2020 model-year vehicles who were surveyed after 90 days of ownership. The study was conducted from February through May 2020. Seat quality is measured by the number of problems experienced per 100 vehicles during the first 90 days of ownership, with a lower score reflecting higher quality.

For more information about the U.S. Seat Quality and Satisfaction Study, visit https://www.jdpower.com/business/automotive/us-seat-quality-and-satisfaction-study

About Lear Corporation
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Our diverse team of talented employees in 39 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks #166 on the Fortune 500. Further information about Lear is available at lear.com, or follow us on Twitter @LearCorporation.

Electric Off-highway Vehicle Market worth $17.5 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 10, 2020 /PRNewswire/ — According to the new market research report «Electric Off-Highway Vehicle Market by Equipment Type (Excavator, Motor Grader, Dozer, Loader, LHD, Dump truck, Lawnmower, Sprayer, Tractor), Application, Propulsion, Battery Type, Battery…

CHICAGO, Sept. 10, 2020 /PRNewswire/ — According to the new market research report «Electric Off-Highway Vehicle Market by Equipment Type (Excavator, Motor Grader, Dozer, Loader, LHD, Dump truck, Lawnmower, Sprayer, Tractor), Application, Propulsion, Battery Type, Battery Capacity, Power Output and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Electric Off-highway Vehicle Market size is projected to grow from USD 6.3 billion in 2020 to USD 17.5 billion by 2025, at a CAGR 22.8%. The growth of the global Electric Off-Highway Vehicle Market is drive by factors such as aggressive step toward minimizing emissions and ventilation costs by using an electric dump truck and electric LHD in underground mining and rising demand for low noise and emission-free construction machines such as electric excavators, electric loaders and electric dozers in residential areas and demand to improve efficiency and productivity by accelerating gardening and agriculture mechanization with the help of electric tractors and electric lawnmowers. Therefore, the Electric Off-Highway Vehicle Market is expected to witness significant growth in the future.

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The agriculture market is expected to grow at the fastest CAGR.

Uncontrollable weather conditions, increasing global population, varying conditions of soil (such as soil moisture and water availability), and rising demand for food grain products have fueled technological advancements in the agricultural industry. Farmers have started adopting advanced agricultural processes and modern farm equipment to gain higher yield. Also, governments around the world are focusing on increasing food productivity. Thus, the demand for farm equipment with modern technologies like electric tractors and electric sprayer is expected to rise.

Thus, many tractor manufacturing companies are developing electric agriculture electric tractors and electric sprayers models. For instance, in 2019, Deere & Company announced that it had developed GridCon, a cable-powered, high-performance, autonomous, and fully-electric tractor with a power capacity of 400 hp (300 kW). The increasing demand and ongoing product development and launch are expected to drive the electric tractor and electric sprayer demand in agriculture application.

Lithium-ion is expected to maintain the lead in the global Electric Off-Highway Vehicle Market.

Lithium-ion batteries dominate the Electric Off-Highway Vehicle Market. Approximately 90–95% of electric off-highway vehicles are equipped with lithium-ion batteries, predominantly in construction and mining applications. Construction equipment includes electric excavators, electric dozers, electric loaders, electric dump trucks, and electric motor graders, among others, which are used to manage heavy raw materials and onsite transportation. Industries are adopting lithium-ion battery technology for earthmoving applications too.

High energy density and longer battery backup over other batteries make lithium-ion batteries more popular. Advancements in lithium-ion battery technology can improve the performance and efficiency of construction equipment, which encourages investments in R&D and creates more opportunities for lithium-ion batteries in the construction industry.

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North America is expected to lead the global Electric Off-Highway Vehicle Market during the forecast period.

The electric construction and mining equipment demand in North America is expected to increase due to environmental protection measures adopted by the US.  In addition to the upcoming stringent emission norms for fuel economy in the region, EOHV companies are making efforts to manufacture electric and hybrid equipment for the domestic market. Caterpillar recently launched the world’s biggest electric excavator equipped with a 300-kWh battery pack. John Deere has also launched electric off-highway equipment that transfers power continuously at over 300 kW. Many other companies are making significant R&D investments in meeting the future demand for electric off-highway vehicles.

The presence of major electric off-highway vehicle providers, with increasing investments in electric off-highway vehicles, subsystems, and battery developments, is expected to drive market growth during the forecast period. Moreover, companies like Caterpillar developing advanced solid-state battery technology with the aim to minimize drawbacks of the conventional battery types in electric loaders and excavators are further expected to drive the growth for the electric off-highway vehicles in the region. Such factors are driving the dominance of the North America region in the global Electric Off-Highway Vehicle Market.

The Electric Off-Highway Vehicle Market is dominated by few globally established players, such as Caterpillar (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Volvo CE) (Sweden), Epiroc (Sweden), Sandvik (Sweden), and Hitachi Construction Machinery (Japan), among others. These players mostly adopted the new product development strategy to develop the advanced electric dump truck, electric LHD, electric excavator, electric loader, electric dozer, electric lawnmower, and electric tractor to retain their position in the Electric Off-Highway Vehicle Market.

Browse Related Reports:

Construction Equipment Market by Type (Excavator – Crawler and Mini, Loader – Backhoe, Skid-steer, Wheeled and Other Equipment), Category, Emission Regulation, Aftertreatment Device, Power Output, Application, Rental Equipment, and Region – Global Forecast to 2025

Electric Bus Market by Propulsion Type (BEV, PHEV, and FCEV), Application (Intercity and Intra-city), Consumer Segment (Fleet Operators and Government), Range, Length of Bus, Power Output, Battery Capacity, Component, and Region – Global Forecast to 2027

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Veoneer Supplies Advanced Driver Assistance Technology to Global Premium Automaker

STOCKHOLM, Sept. 10, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), will equip a world-class premium automaker with the most advanced stereo vision camera system, perception software and 77 GHz front and rear radar system available in the market.  These systems supply data to the vehicle’s driver assistance package which enable the most advanced active safety features. 

Veoneer’s 4th generation stereo vision camera…

STOCKHOLM, Sept. 10, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), will equip a world-class premium automaker with the most advanced stereo vision camera system, perception software and 77 GHz front and rear radar system available in the market.  These systems supply data to the vehicle’s driver assistance package which enable the most advanced active safety features. 

Veoneer’s 4th generation stereo vision camera system is comprised of fully integrated hardware, perception software, and new features to master the challenges of highly automated driving. The camera, mounted behind the rear-view mirror, monitors the forward path of the vehicle to provide reliable and accurate information to the vehicle control system. The system processes and classifies 3D objects (vehicles, motorbikes, pedestrians, lanes, landmarks, signals, posts, etc.) under a variety of weather conditions.  Veoneer’s 4th generation stereo vision camera system uses Convolutional Neural Network technology for free space and small obstacle detection to maneuver safely through construction areas and within road boundaries.

Veoneer’s latest generation of advanced 77GHz radars provide more reliable and accurate situational awareness of vulnerable road users, pedestrians and bicyclists as input to the vehicle safety system. The radar design uses super-pulse modulation techniques for enhanced perception and operates at  a distance up to 150-meters with high range resolution and supreme angular accuracy. The radars have 50% more range in the rear corners to detect motorcycles and over 100% more range in the front corners.

«We are excited to see Veoneer’s most advanced stereo vision cameras, perception software and radars being used as critical building blocks in the debut of our customer’s most advanced vehicle program,»  says Jan Carlson, Veoneer Chairman, President and CEO.  «Our 4th generation stereo vision system is another proof point that Veoneer is at the forefront of providing safe, collaborative driving solutions.»

For more information please contact:

Thomas Jönsson, EVP Communications & IR, tel +46 (0)8 527 762 27

Ray Pekar, VP Investor Relations, tel +1 (248) 794-4537

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, manufacture and sell state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,100 employees in 13 countries. In 2019, sales amounted to $1.9 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).

Safe Harbor Statement: This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Veoneer, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

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Lucid Motors Unveils Lucid Air, the World’s Most Powerful and Efficient Luxury Electric Sedan

New benchmarks for electric vehicle innovation, performance, luxury, and sustainability available in the Lucid Air with a full range of models starting below $80,000

NEWARK, California, Sept. 10, 2020 /PRNewswire/ — Lucid Motors, which seeks to set new standards for…

New benchmarks for electric vehicle innovation, performance, luxury, and sustainability available in the Lucid Air with a full range of models starting below $80,000

NEWARK, California, Sept. 10, 2020 /PRNewswire/ — Lucid Motors, which seeks to set new standards for sustainable transportation with its advanced luxury EVs, today unveiled production details for the highly anticipated Lucid Air in a global web broadcast from its Silicon Valley headquarters. Having already set new industry benchmarks in the EV and luxury segments in key areas related to performance, efficiency, and design, deliveries of this new pure-electric luxury sedan will start in spring of 2021.

Lucid Motors has optimized interior cabin space for occupants

«Lucid Motors is driven to make the electric car better, and by doing so, help move the entire industry forward towards accelerated adoption of sustainable mobility. The goal of this relentless approach to developing the world’s most advanced electric vehicle is to benefit all mankind with sustainable, zero emission transportation, and to also attract new customers to the world of EVs,» said Peter Rawlinson, CEO and CTO, Lucid Motors. «With the Lucid Air, we have created a halo car for the entire industry, one which shows the advancements that are possible by pushing the boundaries of EV technology and performance to new levels.»

Using Space to Create the Air

The Lucid Air is the result of a revolutionary approach to automotive packaging called the Lucid Space Concept, which capitalizes upon the miniaturization of Lucid’s in-house developed EV drivetrain to optimize interior cabin space. The concept is central to the architecture of the Lucid Electric Advanced Platform (LEAP) upon which the Lucid Air, and forthcoming Lucid vehicles, will be built. It’s a holistic, clean-sheet approach to advanced EV construction, without using existing «off the shelf» solutions so often seen in EVs from legacy automakers. 

By simultaneously making smaller yet more powerful electric motors and dramatically improving the packaging of the entire electric powertrain, Lucid is able to reclaim that space for passengers and their comfort. This extends the philosophy of hyper-efficiency embedded in every facet of Lucid Air, from energy to spatial efficiency, delivering an unprecedented combination of range, practicality, performance, and luxury. 

The Space Concept also contributes to the subtly different and modern proportions for the Lucid Air, without relying on any traditional automotive design cues, instead delivering a beautiful car that looks entirely distinctive on the road.

«When we embarked on this journey at Lucid Motors and the development of our first vehicle, the Lucid Air, we refused to compromise. We decided early on that we were going to pursue every facet of performance, innovation, and luxury,» said Derek Jenkins, VP of Design, Lucid Motors. «The result is that we are building the best car in the world, the numbers simply speak for themselves. What’s more, we did all this without ever sacrificing the beauty of the Lucid Air, which will stand as the first example of a car being created from a clean sheet to leverage the total design freedom that an EV architecture provides.»

An Inspired State

Taking its cues from California, the state’s spirit is embedded in not only all of Lucid Motors’ products, but also in the retail and digital experiences the brand is creating. As the name implies, Lucid is inspired by the notion of seeing things differently and making those dreams come true. It’s summed up in the brand tagline of «Dream Ahead,» which is also the company’s vision for rejecting the status quo and always pushing the boundaries in EV technology.

«The Lucid brand was created with a progressive, post-luxury mindset ideally suited to meet the rapidly evolving needs of the most progressive buyers. We are heading into a future where conscious consumers see sustainability, advanced design, and technical innovation as equally important to more traditional luxury values of quality and craftsmanship,» said Jenkins. «We consider Lucid to be at the forefront in a shift in consumer preferences toward new brands that offer direct relationships alongside products featuring entirely new levels of technology, performance, and design.»

Setting New Standards at Every Level:

Record-Breaking Performance and Range
With up to 1,080 horsepower available in a dual-motor, all-wheel-drive architecture, the Lucid Air is able to achieve quarter-mile times as quick as 9.9 seconds on a consistent, repeatable basis. To date, it is the only electric sedan able to achieve a quarter-mile time under 10 seconds. The power of the Lucid Air is complemented by an available extended-range capability that achieves an estimated EPA range of up to 517 miles on a single charge.

World’s Fastest Charging EV
When it arrives to market, the Lucid Air will also be the fastest charging electric vehicle ever offered, with the capability to charge at rates of up to 20 miles per minute when connected to a DC Fast Charging network. For owners charging their Lucid Air in real-world conditions on the road, that can translate into 300 miles of range in just 20 minutes of charging.

Race-Proven EV Battery Packs
Lucid Motors drew upon 10 years of experience and over 20 million miles of real-world testing in creating its in-house developed, compact 113kWh extended-range battery pack. Further developed in the world’s leading electric racing championship, Lucid’s race-proven battery technology excels with a custom Battery Management System (BMS), clever cell packaging, and world-class energy density.  

Class-Leading Interior Packaging and Largest Frunk
With Lucid’s exclusive Space Concept philosophy, Lucid Air offers a full-size luxury-class interior while maintaining an agile, sport sedan footprint. This approach also results in the largest frunk of any electric car to date and incredible bi-level storage capabilities in both front and rear compartments.

The Most Aerodynamic Luxury Car in the World
The Lucid Air is the world’s most aero-efficient luxury car, with tests completed at Windshear’s advanced rolling-road wind tunnel verifying a coefficient of drag of 0.21.

Advanced Glass Cockpit Displays Combined with Tactile Physical Controls
The interior of the Lucid Air reflects a revolution in how next-generation free-form displays are elegantly integrated into the design architecture of the cabin, providing a beautiful and seamless way of interacting with the vehicle software and human-centric user interface. In front of the driver is a 34-inch curved Glass Cockpit 5K display that «floats» above the dashboard, contributing to the light and airy feel of the interior. In addition, a retractable central Pilot Panel sits in finger-tip reach of the driver and passenger for deeper control of the vehicle’s systems and functions. To complement the digital displays, several highly tactile, precision-milled physical controls are present, including ribbed turbines for steering wheel functions, a volume control roller, and alloy toggle switches for tuning climate settings.

The Next Level in ADAS
The Lucid Air’s advanced driver-assistance system (ADAS), Lucid DreamDrive, is a first-of-its-kind platform combining the most comprehensive sensor suite on the market with a cutting-edge Driver Monitoring System (DMS), all standard on the Lucid Air Dream Edition. It is the first system of its kind to offer 32 sensors, covering vision, radar and ultrasonics, plus the world’s first standard high-resolution LIDAR in an EV, all working alongside the standard DMS and geo-fenced HD mapping to provide the safest possible approach to Level 2 and Level 3 driver assistance technologies.

World’s Most Advanced Lighting Technology
Lucid Air’s headlamps are a truly revolutionary Micro Lens Array system comprised of literally thousands of «light channels.» Developed entirely in-house, this technology provides the brightest, most precise and advanced lighting system ever. Digital steering of light direction is possible by digitally switching light channels in different directions, revolutionizing visibility and enhancing safety.

Alexa Voice Natively Integrated into Lucid Air
Lucid has collaborated with Amazon to bring an advanced Alexa Built-In implementation directly into Lucid Air. This enables the driver and passengers to enjoy the full Alexa experience on the go – including navigation, calling, streaming media, smart home control, and adding items to a shopping cart or to-do list – all while keeping their eyes on the road and their hands on the wheel. The Lucid implementation of Alexa also provides an expanded set of localized vehicle control features of Lucid Air including HVAC, all with a simple voice command. When a driver uses Alexa there will also be visual support for commands via the Lucid Air’s Glass Cockpit display. Over time, the available feature set will continue to grow via Lucid’s built-in Over-the-Air (OTA) updates.

A Dream Becomes Reality

The Lucid Air will be available initially in North America, offered in four model ranges:

  • The Air, the starting point for the lineup, available in 2022 and starting below $80,000 ($72,500 after USA federal tax credit)*
  • The well-equipped Air Touring model, available late 2021, from $95,000 ($87,500 after USA federal tax credit)*
  • The fully equipped Air Grand Touring, available mid 2021, from $139,000 ($131,500 after USA federal tax credit)*
  • The all-inclusive, limited-volume Air Dream Edition, available spring 2021, at $169,000 ($161,500 after USA federal tax credit)*

Dream Edition
The Lucid Air Dream Edition will feature a unique combination of Lucid attributes and technology, combining incredible performance with exceptional range. The 1,080hp luxury EV sedan will be available in Stellar White, Infinite Black, or a Dream Edition-exclusive Eureka Gold finish. Each color will come with an exclusive «Santa Monica» themed interior trim package, including full Nappa grain Bridge of Weir leather throughout and silvered Eucalyptus wood accents. The Dream Edition will also feature a unique 21-inch «AeroDream» wheel design and be highlighted by special badging and trim that marks its position as a limited-production halo edition of the Lucid Air.

Touring and Grand Touring Editions
The heart of the Lucid Air lineup will be the Air Touring and Air Grand Touring models, which offer 620hp and 800hp respectively. The Air Grand Touring will have range available up to the recently announced estimated EPA rating of 517 miles. Full details of available configurations and all Air models can be found on the Lucid Motors website.

Availability
Reservations are open now for customers across the US and Canada, as well as in select countries in Europe and the Middle East. Those who are inspired can reserve the Lucid Air via a $1,000 USD refundable deposit or the limited production Dream Edition with a $7,500 USD refundable deposit. The luxury sedan will also be available through the 20 Lucid Studios and Service Centers that are planned to be open across North America by the close of 2021. European and Middle East market delivery dates, pricing, and sales and service center details will be announced at a later date.

Production at the Lucid Motors factory in Casa Grande, Arizona, will begin in the coming months, with deliveries of the Lucid Air to North American customers to commence in spring of 2021. 

2021 Lucid Air Lineup at a Glance

Additional versions of the Lucid Air and new Lucid models will be shared in the future, with the following providing specs on currently planned Lucid Air models:

Model

Price (USD)

Est. EPA Range
(up to)

HP

Performance (est.)

Charging (up to)

Availability

Base

Minus Tax Credit

0-60 (sec)

1/4 Mile

(sec)/ Speed

(mph)

Top

Speed

(mph)

Miles/Time

Fast Charge

DC

Peak

charging

speed

Air

Below

$80,000

$72,500

TBA

TBA

TBA

TBA

TBA

300/20 minutes

1200 mph

2022

Air Touring

$95,000

$87,500*

406**

620

3.2

11.4 / 123

155

300 /20 minutes

1200 mph

Q4 2021

Air

Grand

Touring

$139,000

$131,500*

517**

800

3

10.8 / 133

168

300 /20 minutes

1200 mph

Q2 2021

Air Dream Edition

$169,000

$161,500*

465 (21″

AeroDream

wheels); 503

(19″ wheels)

1,080

2.5

9.9 / 144

168

300 /20 minutes

1200 mph

Q2 2021

*factoring in potential $7,500 USA Federal Tax Credit

**with 19″ AeroRange wheel/tire package

About Lucid Motors
Lucid’s mission is to inspire the adoption of sustainable transportation by creating the most captivating electric vehicles, centered around the human experience. The company’s first car, the Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design underpinned by race-proven technology. Featuring luxurious interior space in a mid-size exterior footprint, the Air will be capable of an estimated EPA range of over 500 miles and 0-60 mph in under 2.5 seconds. Customer deliveries of the Lucid Air, which will be produced at Lucid’s new factory in Casa Grande, Arizona, will begin in spring of 2021.

Media Contact
Andrew Hussey
media@lucidmotors.com

 

The interior of the Lucid Air reflects a revolution in how next-generation free-form displays are elegantly integrated into the design architecture of the cabin, providing a beautiful and seamless way of interacting with the vehicle software and human-centric user interface.

 

Lucid Motors unveiled production details for the highly anticipated Lucid Air pure-electric luxury sedan, which will start at less than $80,000 USD and set new industry benchmarks in the EV and luxury segments in key areas related to performance, efficiency, and design.

 

Lucid Motors crosses the pond to open reservations for the Lucid Air luxury EV in multiple European markets.

 

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Photo – https://mma.prnewswire.com/media/1251414/Lucid_Motors_Cabin_Architecture.jpg
Photo – https://mma.prnewswire.com/media/1251415/Lucid_Motors_Luxury_Sedan.jpg
Logo – https://mma.prnewswire.com/media/1080273/LucidMotors_Logo.jpg

 

TIDAL Music Streaming Now Integrated With Select Maserati

Drivers can Experience HiFi Sound via the Sonus Faber Audio System

NEW YORK, Sept. 9, 2020 /PRNewswire/ — Today, global music streaming and entertainment platform, TIDAL, announced a new integration with one of the world’s most glamorous automotive manufacturers, Maserati.  Select Maserati equipped with a Sonus Faber branded audio system will now have the TIDAL app pre-installed with a complimentary 12 or 3-month membership depending on vehicle. 

«The Maserati collection of…

Drivers can Experience HiFi Sound via the Sonus Faber Audio System

NEW YORK, Sept. 9, 2020 /PRNewswire/ — Today, global music streaming and entertainment platform, TIDAL, announced a new integration with one of the world’s most glamorous automotive manufacturers, Maserati.  Select Maserati equipped with a Sonus Faber branded audio system will now have the TIDAL app pre-installed with a complimentary 12 or 3-month membership depending on vehicle. 

«The Maserati collection of vehicles is unparalleled – customers have come to expect top of the line technology that elevates their experience while they travel,» said Lior Tibon, TIDAL COO. «Our shared passion for innovation and quality has cultivated a partnership that will level up the driving experience for anyone that steps into a Maserati.»

TIDAL’s HiFi sound quality coupled with Maserati’s Sonus Faber audio system, delivers the most elevated sound available in a vehicle, allowing drivers to experience music like they never have before. Without any compression of audio files, TIDAL’s HiFi tier delivers tracks that highlight the depth of vocal range and the unique tones produced by each instrument in the studio. Through TIDAL HiFi members have access to the foremost innovations in sound quality. MC20 owners can access a complimentary three-month TIDAL HiFi subscription. The membership allows Maserati drivers the ability to listen to more than 60 million songs and thousands of expertly curated playlists by TIDAL’s seasoned editorial team.

The new partnership allows Maserati drivers to integrate TIDAL into their everyday lives continuing the platform’s commitment to providing its members with seamless listening and viewing experiences. Popular smart platform devices that TIDAL is compatible with include Waze, Plex, Roku, Amazon Fire TV, Chromecast, Apple TV/Android TV, Apple CarPlay, Samsung Wearables and direct control with Sonos (Complete list here).

Additional collaborations by both brands to be announced throughout the partnership.

About TIDAL
TIDAL is an artist-owned global music and entertainment platform that brings artists and fans closer together through unique original content and exclusive events. Available in 56 countries, the streaming service has more than 60 million songs and 250,000 high quality videos in its catalog along with original video series, podcasts, thousands of expertly curated playlists and artist discovery via TIDAL Rising. With the commitment of its owners to create a more sustainable model for the music industry, TIDAL is available in premium and HiFi tiers—recordings which includes Master Quality Authenticated (MQA), Sony’s 360 Reality Audio recordings, and Dolby Atmos Music.

Maserati S.p.A.
Maserati produces a complete range of unique cars with an amazing personality, immediately recognisable anywhere. With their style, technology and innately exclusive character, they delight the most discerning, demanding tastes and have always been a global automotive industry benchmark. A tradition of successful cars, each of them redefining what makes an Italian sports car in terms of design, performance, comfort, elegance and safety, currently available on more than seventy markets internationally. Ambassadors of this heritage are the Quattroporte flagship, the Ghibli sports sedan, now also available in hybrid version, the Trident Brand’s first electrified car, and the Levante, the first made by Maserati SUV, all models denoted by use of the choicest materials and technical solutions of superlative excellence. A complete range, including V6 and V8 petrol, 4 cylinder hybrid and V6 diesel powerplants, with rear-wheel and four-wheel drive. The range’s prestige was recently even further enhanced by the introduction of the new Trofeo Collection, comprising Ghibli, Quattroporte and Levante, equipped with the powerful 580 hp V8 engine. The top-of-the-range is the new MC20 supercar, powered by the ground-breaking Nettuno V6 engine, incorporating F1-derived technologies now made available in the power unit of a standard production car for the first time. Today, the Maserati range is produced at three plants: Ghibli and Quattroporte are built at Grugliasco (Turin) at the Avvocato Giovanni Agnelli Plant (AGAP), and Levante at the Mirafiori Plant in Turin. The new MC20 supercar is produced in Modena, at the historic Viale Ciro Menotti plant.