Autobrains Unveils Skills Product Line, Redefining Autonomous Driving With Scalable and Modular AI Solutions

New Liquid AI-Powered Skills Solution Offers a Modular, Optimized for Edge Cases, and Affordable Alternative to Existing Autonomous Driving Approaches

Autobrains, a leading innovator in automotive artificial intelligence (AI) and advanced driver assistance systems (ADAS), is proud to announce the launch of its groundbreaking product line, Skills, powered by its proprietary Liquid AI technology.

Autobrains Unveils Skills Product Line
Autobrains Unveils Skills Product Line

Each Skill, End-to-End AI, is optimized for a specific driving scenario.

The Skills product line represents a significant leap in autonomous driving technology, offering modular, scalable solutions that effectively address edge cases while reducing computational requirements compared to existing approaches.

As the automotive industry accelerates toward full autonomy, Autobrains’ new approach tackles the key limitations of traditional AI models by introducing a flexible and adaptive solution. While current end-to-end systems rely on a single, large neural network, or complex, resource-heavy compound systems, Autobrains’ Skills solution delivers superior adaptability and efficiency.

“Our Skills product line represents a paradigm shift in autonomous driving,” said Igal Raichelgauz, Founder and CEO of Autobrains. “With Skills, we offer a flexible, scalable AI solution that can be deployed incrementally, starting with ADAS and extending toward full autonomy. Unlike other approaches, our system’s adaptability ensures that as new edge cases emerge, the required resources increase only logarithmically, providing a significant improvement over demands seen with other approaches.”

Existing autonomous driving solutions face substantial challenges in handling edge cases, which demand new, more adaptive AI technologies. Compound architectures, like those employed by Mobileye, divide tasks into separate modules, resulting in an information bottleneck. Monolithic end-to-end systems like Tesla’s Full Self-Driving (FSD) suite face issues with explainability, transparency, and efficiency in adapting to new scenarios.

Autobrains’ Skills architecture addresses these issues by decomposing autonomous driving into a collection of smaller, context-specific AI models – referred to as “Skills”-each trained and deployed independently. These Skills are activated dynamically based on the driving situation, optimizing performance and significantly reducing computational power demands.

Key advantages of the Autobrains’ Skills product line include:
Optimized for Edge Cases: Each Skill is optimized to handle specific driving scenarios, leading to superior performance in edge cases.
Scalability: The Skills architecture can expand from tens of skills for ADAS applications to hundreds of thousands for full autonomy.
Adaptability: Skills are activated only when relevant, minimizing power consumption.
Logarithmic Resource Growth: Unlike models that require exponentially more resources as they scale, the Skills architecture allows for more efficient, logarithmic resource expansion.
Enhanced Safety: By focusing on specific edge cases, Skills provide precise, targeted responses, enhancing overall system safety.

Autobrains is actively collaborating with major OEMs worldwide, testing and implementing the Skills product line to transform the future of autonomy. This cutting-edge AI architecture is poised to lower costs, improve safety, and drive the next wave of smarter, more efficient autonomous driving systems.

For more information about Autobrains and its Skills technology, please visit www.autobrains.ai.

Contact Information
Sophia Eichler
Director of Marketing
media@autobrains.ai
+49 15167066494

SOURCE: Autobrains

Autobrains Unveils Air2Road: Cutting-Edge Localization Technology for Automated Driving

With Air2Road, Autobrains is setting new standards in localization technology for advanced driver assistance systems (ADAS) and autonomous vehicles. Based on Autobrains’ Liquid AI technology, Air2Road combines aerial images and vehicle camera data for highly precise localization. The multimodal system enables centimeter-level accuracy, thereby improving the safety of assistance systems.

Autobrains, a global leader in AI-powered automotive solutions, is pleased to unveil its latest innovation: Air2Road, a breakthrough localization technology developed to enhance the capabilities of Advanced Driver Assistance Systems (ADAS) and Autonomous Driving solutions. Powered by Autobrains’ Liquid AI Technology, Air2Road delivers precise, real-time vehicle localization for safe and efficient navigation, even in challenging conditions such as occlusions, adverse weather, and complex urban environments.

Autobrains' Air2Road Localization Technology

Autobrains’ Air2Road Localization Technology
Fusing aerial images with ground images for highly precise and reliable localization.

As the automotive industry accelerates toward fully autonomous vehicles, reliable and accurate localization is crucial for determining both vehicle position and the driving environment. Traditional localization systems, heavily reliant on Global Navigation Satellite Systems (GNSS) or crowd-sourced maps, face significant challenges such as limited coverage, high costs, and susceptibility to interference. Additionally, these systems rely on a single source of sensor-based information, leading to frequent errors and over-reliance on one type of input during driving.

“Air2Road is a game-changer for autonomous driving technology,” said Igal Raichelgauz, CEO and Founder of Autobrains. “By providing multimodal redundancy and unmatched precision, Air2Road pushes the boundaries of what’s achievable in vehicle navigation and safety, ensuring autonomous systems operate reliably under even in the most challenging conditions.”

Air2Road sets a new standard for vehicle localization by combining Signatures derived from two independent modalities – aerial imagery and ground-based perception – ensuring multimodal redundancy and accuracy. These Signatures are sparse binary hyperdimensional representations of both the driving environment and objects within it. This innovative approach overcomes many of the limitations inherent in traditional systems. These include:

  • Multimodal Redundancy: By creating a joint representation of Signatures from two independent modalities (aerial images and ground-based data), Air2Road enables an unprecedented advantage of multimodal redundancy. Other existing systems use a fleet of vehicles with similar ground-based data sources, which increases repetitive mistakes and dependency on a single source of information.
  • Full coverage: Unlike GNSS-based systems, Air2Road, with its Signature-based technology, continues to function effectively even under trees, bridges, between buildings, and in any other scenario with bad reception of the GNSS signal.
  • Aerial Perception: Aerial images generate additional data layers-such as road markings, traffic signs, and obstacles-enabling safer and more efficient driving decisions and a redundancy to real-time perception.
  • Scalable and Efficient: Traditional localization systems, such as crowd-sourced maps, require a fleet of vehicles to repeatedly traverse roads for data harvesting and building the map before the localization service becomes available for any vehicle. In contrast, Air2Road, enables the first vehicle on the road to achieve precise localization instantly, ensuring scalable deployment across various regions without compromising accuracy.
  • Cost-Effective: Air2Road is compatible with affordable aerial imagery from multiple vendors, and its compressed Signatures technology enables large areas to be stored directly on the vehicle. This allows for a low-memory, low-bandwidth system, eliminating the need for constant cloud connectivity.
  • Environment-Aware Path Planning: By leveraging real-time data on road conditions, traffic flow, and parking areas, Air2Road supports safer, more optimized navigation.

Inspired by the human brain’s ability to process multisensory information, Air2Road replicates mechanisms such as situational awareness and attention focus to ensure accurate decision-making. By filtering out irrelevant data and focusing on critical elements like road edges and buildings, the system significantly improves localization precision.

With its data-driven approach and revolutionary dual-modality technology, Air2Road is poised to redefine the future of localization, facilitating safer and more reliable autonomous driving solutions.

For more information about Autobrains and its cutting-edge Liquid AI and ADAS solutions, please visit autobrains.ai.

Contact Information
Sophia Eichler
Director of Marketing
media@autobrains.ai
+49 15167066494

SOURCE: Autobrains

New Gonow RV Announces Platinum Sponsorship of Prestigious “Ball on the Wall” Event

New Gonow Recreational Vehicles (New Gonow RV, or the Company), a leading Chinese recreational vehicle maker and recent applicant for public listing in Hong Kong, is proud to announce its platinum sponsorship of the “Ball on the Wall” event. This esteemed annual gala, organized by the China Australia Chamber of Commerce (AustCham China), will take place on September 7, 2024, at the iconic Juyongguan pass section of the Great Wall of China. The sponsorship highlights New Gonow RV’s dedication to automotive innovation, community engagement, and cross-cultural exchange.

Advancing Global Expansion
New Gonow RV, business started in 2014,has made significant strides in the global RV market. According to relevant information, the company has captured nearly 10 percent of the Australia caravan market, with ambitions to lead in both Australia and New Zealand. Income from operations in Australasia accounted for 94 percent of New Gonow RV’s overseas revenue in 2023, emphasizing the countries critical role in the Company?s international strategy.

Innovation and Excellence in RV Manufacturing
New Gonow RV’s acquisition of Australian caravan brand Regent in 2014, and the subsequent development of the Snowy River and NEWGEN brands, have been pivotal in its success. Snowy River Caravans, launched in 2015, has quickly become a leading caravan brand in Australia, known for its innovative designs, high-quality craftsmanship, and exceptional build quality; winning multiple awards, including the “Best Value for Money”?Caravan of the year? Award from 2019 to 2022.

Commitment to Corporate Social Responsibility
New Gonow RV?s sponsorship of the “Ball on the Wall” event underscores its unwavering commitment to corporate social responsibility (CSR). This initiative is part of the company?s broader strategy to engage in meaningful community activities and foster positive social impact.

– Community Engagement: The “Ball on the Wall” event provides an ideal platform for New Gonow RV to engage with the local community and support charitable causes. By contributing to this event, the Company is helping to fund initiatives that provide medical care for orphans, and offer basic necessities to the less fortunate through Roundabout, mainland China’s first charity organization.

– Environmental Sustainability: New Gonow RV is dedicated to reducing its environmental footprint through the development of new energy commercial vehicles and the implementation of sustainable manufacturing practices. The company’s upcoming RV research, development, and manufacturing base project in Tongxiang, Zhejiang province, aims to build China?s core base of RV smart manufacturing, emphasizing eco-friendly technologies and practices.

– Health and Wellness: New Gonow RV actively promotes health and wellness through its products and community initiatives. The Company supports various programs that enhance the well-being of communities, including access to healthcare and support for individuals with disabilities. The proceeds from the “Ball on the Wall” charity auction will help fund healthcare access and aid for disorders such as cerebral palsy.

Looking Forward
New Gonow RV’s strategic direction includes increased investment in technology and services, aiming to meet personalized customer needs and lead the automotive industry. The Company’s mission is to build quality vehicles for families and establish itself as a comprehensive service provider in the automotive market.

“New Gonow RV is proud to support the Australian community in China and looks forward to a memorable evening at the ‘Ball on the Wall,'” said Miao Xuezhong, Chairman of NewGonow Group. “This sponsorship reinforces our commitment to delivering high-quality vehicles and services while fostering stronger connections between the automotive sectors of Australia and China.”?

-END-

For more information, please contact:
Tian Zhang, Sandpiper Communications
Tian.zhang@sandpipercomms.com

About New Gonow RV
New Gonow RV is a leader in the RV sector, focusing on lightweight and intelligent vehicle technologies. The company is recognized for its innovative designs and high-quality craftsmanship in recreational vehicles. Since its inception,New Gonow RV ?has ?been committed to explore and grow the Australian and New Zealand RV industry.

About the Ball on the Wall
Organized by AustCham Beijing, the “Ball on the Wall” is a standout event on the social calendar, known for its blend of entertainment, fine dining, and fundraising for charitable causes. Set on China’s most iconic landmark, the Great Wall, the event offers breathtaking views, black-tie attire, and a night filled with unforgettable moments.

PowerUP Asia 2024 Opens Tomorrow

PowerUP Asia 2024, a two-day virtual conference focused on power semiconductor technologies and industry developments in Asia, opens tomorrow, June 11.

Organized by AspenCore, publisher of EETimes AsiaEETimes India, and EDN Asia, PowerUP Asia builds on the success of the inaugural event last year and features keynotes and discussions on some of the latest power electronics trends, including wide-band gap (WBG) devices such as gallium nitride (GaN) and silicon carbide (SiC), power ICs, packaging, test and measurement, and related technologies.

Speaker lineup this year includes the following:

  • Collins Wu, Regional Vice President, Power & Discrete Marketing APeC Region, STMicroelectronics: Enabling High Performance Industrial and Automotive Solution with WBG
  • Alex Lidow, CEO & Co-founder of Efficient Power Conversion, Efficient Power Conversion (EPC): Why GaN for Untethered Robotics
  • Dr. Mrinal K. Das, Senior Director of Technical Marketing, onsemi: Market Dynamics of Automotive SiC Revolution for Electrification
  • Dr. Kwok Wai Ma, Senior Principal Engineer, Industrial and Consumer Power, Infineon Technologies Asia Pacific: Recent Advance and Outlook in SiC and GaN Technologies, For a Greener Future
  • Simon Keeton, Group President, Power Solutions Group, onsemi: A Pathway to Sustainable Energy: Optimized Energy Harvesting and Efficient Grid Integration
  • Michael (Hyung Mook) Choi, Vice President of Power Business, UTAC Group: Enhancing Power Semiconductor Packages for High-Performance Computing Processors
  • Bosheng Sun, Systems Engineer, Texas Instruments Inc.: A Totem-pole Bridgeless PFC with Extreme Low Ithd, Re-rush Current Control, High Power Density and Integrated E-meter Function
  • Nicholas Le Bas, Oscilloscope Product Manager and Application Engineer, Rohde & Schwarz: Measurements of Currents and High Voltages with Oscilloscopes
  • Mike Zhu, Sr. Product Applications Engineer, Qorvo Inc.: Qorvo SiC FETs Excel in ZVS Soft-switching Applications
  • Sasikala Thangam, Applications Engineer, Texas Instruments Inc.: Choosing Suitable Gate Driver Protection Approach for High Power Systems
  • Deric Waters, Systems Engineer and Distinguished Member of Technical Staff (DMTS), Texas Instruments Inc.: Power System Implications of the New USB Power Delivery 3.2
  • Jason Khor, Senior Manager, Engineering, Arrow Electronics: Optimizing Power Architectures and Designs for Next-generation Low- and High-power Applications

Panel Discussion

WBG devices have been seeing increasing adoption over the past few years, especially as manufacturers put power efficiency on top of their agenda amid the increasing trend towards decarbonization, in line with the global “net zero” goal.

As electronics and semiconductor technologies advance, businesses are creating a wide range of products that offer advantages in a number of applications for the industrial, automotive, and consumer industries, among others.

At PowerUP Asia 2024, a panel of industry experts from some of the leading companies will discuss the challenges that designers currently face, the obstacles that still need to be removed for widespread adoption of WBG devices, the latest innovations that are fueling further growth of the GaN and SiC market, and the future of the WBG industry.

With the theme The Role of GaN and SiC Technologies Towards Drive for More-Efficient Power Electronics, the panel discussion will feature the following experts:

  • Collins Wu, Regional Vice President, Power & Discrete Marketing APeC Region, STMicroelectronics
  • Alex Lidow, CEO & Co-founder of Efficient Power Conversion, Efficient Power Conversion (EPC)
  • Dr. Mrinal K. Das, Senior Director of Technical Marketing, onsemi

For more information or to register, visit https://ve.eetasia.com/powerup2024.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today’s engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com

PowerUP Asia 2024: Leading Power Semiconductor Companies to Discuss Challenges, Trends, and Latest Innovations

Leading power semiconductor companies including STMicroelectronics (ST)Texas Instruments Inc. (TI)Efficient Power Conversion Corp. (EPC)onsemiInfineon Technologies Asia Pacific Pte Ltd, and NXP Semiconductors will be discussing the latest power semiconductor development trends and innovations, and how these are helping the drive toward greener electronics, at the upcoming PowerUP Asia 2024 virtual conference.

PowerUP Asia, organized by AspenCore, publisher of EETimes AsiaEETimes India, and EDN Asia, is a two-day virtual conference and exhibition focusing on power semiconductor technologies, including wide-bandgap (WBG) devices such as gallium nitride (GaN) and silicon carbide (SiC), low- and high-voltage power semiconductors, and related technologies, as electronics manufacturers worldwide set their sights on power efficiency, carbon reduction, and greener energy.

With the theme Power Semiconductor Innovations Toward Green Goals, Decarbonization and Sustainability, PowerUP Asia, to be held from June 11–12, will feature keynotes, technical presentations, and a panel discussion, discussing the latest developments in power semiconductor and engineering, and how the industry can explore ways to accelerate the pathway to net-zero carbon emissions.

The virtual conference will also feature technical experts from UTAC GroupRohde & SchwarzQorvo Inc., and Arrow Electronics.

Who Should Attend

Engineers, researchers, and industry professionals should attend the PowerUP Asian 2024 virtual expo and conference.

Engineers specializing in power electronics, semiconductor technologies, like GaN and SiC, and renewable energy systems will find immense value. Professionals in power management, converters and those exploring advancements in e-mobility and smart-grid infrastructure will gain significant insights.

Furthermore, those interested in gaining hands-on experience with state-of-the-art technologies within this field should attend. Those who possess a genuine enthusiasm for transforming energy efficiency, diminishing carbon footprints, and promoting the worldwide transition to renewable energy sources will find this conference to be of value.

For more information or to register, visit https://ve.eetasia.com/powerup2024.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today’s engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person:
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com

Autobrains Announces Its Design Win for ADAS Solution Implementing Liquid AI in Chinese Electric Vehicle

  • Expected to launch in Q4 2024, Autobrains’ new vehicle production features an advanced ADAS solution, harnessing cutting-edge Artificial Intelligence to provide drivers with unparalleled assistance.

Autobrains, a disrupter in automotive artificial intelligence (AI) and Advanced Driver Safety Systems (ADAS), today announced their nomination, which will see Autobrains’ innovative software, Liquid AI, deployed in a new line of vehicles developed by a leading Chinese Electric Vehicle manufacturer. Production of these new vehicles is expected to begin during Q4, 2024.

Autobrains Announces Design Win for ADAS AI Solution in Chinese Electric Vehicle
Autobrains Announces Design Win for ADAS AI Solution in Chinese Electric Vehicle

Autobrains Announces Design Win for ADAS Solution Implementing Liquid AI in Chinese EV Expected to launch in Q4 2024, Autobrains’ new vehicle production features an advanced ADAS solution, harnessing cutting-edge Artificial Intelligence

Autobrains has established the development of revolutionary AI solutions, including its flagship Liquid AI technology, which has been central to addressing the most complex challenges in today’s automotive AI landscape. While details of the partner remain confidential, the collaboration is set to redefine industry standards and accelerate the adoption of advanced driver-assistance systems across the automotive sector.

Igal Raichelgauz, Founder and CEO of Autobrains, commented, “Teaming up with a leading Chinese automotive player reinforces the exceptional performance and adaptability of our advanced AI systems. By integrating our cutting-edge technology with their robust manufacturing capabilities, we are creating a new paradigm shift for what AI in vehicles can achieve. Our shared commitment to innovation will help accelerate the adoption of AI-driven solutions, enhancing the driving experience and pushing the entire industry forward.”

Autobrains is set to redefine the future of driving in China and globally with its pioneering technology – known for its exceptional edge case detection, remarkably low power consumption, and for being hardware agnostic. This strategic partnership and implementation of Liquid AI technology into mass production exemplifies Autobrains’ commitment to global market expansion and underscores our relentless pursuit of innovation in the automotive sector.

For more information about Autobrains and its cutting-edge Liquid AI and ADAS solutions, please visit autobrains.ai

About Autobrains
Autobrains is a leading AI company in the automotive industry. Autobrains invented and developed a paradigm-shifting AI technology: Liquid AI – backed by 250+ patents addressing autonomous driving challenges. Implementing this unique AI technology for ADAS applications disrupts the market with its unprecedented perception capabilities, low compute requirements, and agnosicity to sensors and SoCs. The company is backed by strategic investors including Temasek, Knorr-Bremse AG, BMW i Ventures, Toyota Ventures, VinFast, Continental AG, and Autel.

Learn more: https://autobrains.ai.

Contact Information
Sophia Eichler
Director of Marketing
media@autobrains.ai
+49 15167066494

SOURCE: Autobrains Technologies

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View the original press release on newswire.com.

Pacific Avenue Capital Partners Has Announced the Signing of a Put Option Agreement to Acquire Purflux, Currently Operating as the Filtration Business Unit of Sogefi S.p.A.

Pacific Avenue Capital Partners (“Pacific Avenue”), a Los Angeles-based private equity firm focused on corporate carve-outs and other complex transactions in the middle market, is excited to announce the signing of a put option agreement to acquire Sogefi Filtration S.A. and Sogefi USA Inc. (collectively, the “Filtration Business Unit” or the “Company”) from Milan-based Sogefi S.p.A. (“Sogefi”). The Filtration Business Unit is a leading manufacturer of vehicle filtration components and systems serving both the automotive aftermarket and Original Equipment (“OE”) customers globally. The Company operates 11 manufacturing facilities across seven countries (France, United States, India, Slovenia, Italy, Morocco, and the United Kingdom), two main distribution hubs in France and Poland, and two regional distribution hubs in the United Kingdom and Spain. The Company has extensive relationships with leading aftermarket distributors and blue-chip OEMs. In 2023, the Company generated over $600 million of revenue and more than $100 million of adjusted EBITDA.

Pacific Avenue

Under Pacific Avenue’s stewardship, the Company will focus its efforts on meeting the needs of its customers and on executing several growth initiatives tied to its aftermarket business and the long-term transition to electric vehicles.

“We are thrilled about the acquisition of Sogefi’s Filtration Business Unit. With strong OEM and aftermarket businesses, this is a great addition to our growing portfolio. Additionally, due to its investment in R&D and longstanding customer relationships, the Company is well-positioned to support OEMs in the transition to electrical vehicles. Given the significant scale of the business, it will act as an excellent platform to build a global filtration leader through future add-on M&A and organic growth.”

Chris Sznewajs, Founder and Managing Partner of Pacific Avenue

The sale and purchase agreement signing can take place after the France works counsel consultation process is complete and the put option agreement is exercised by Sogefi. The transaction is expected to close in Q2 or early Q3 2024. Upon closing, the Company will operate under the name “Purflux Group.” Julien Grange will remain CEO of the Company.

“The Purflux team is excited to partner with Pacific Avenue to unlock the next phase of growth. We remain committed to delivering best-in-class, high-performance products and service to our world-class customers. We look forward to continuing our legacy of being a leader and innovator in the filtration industry.”

Julien Grange, CEO of Sogefi Filtration

The acquisition of Sogefi Filtration is another example of Pacific Avenue’s ability to partner with corporate sellers, whether international or domestic, to successfully execute complex carve-outs of non-core business units across a wide variety of industries.

“This is an exciting acquisition for Pacific as we continue to expand into Europe. Pacific Avenue has positioned itself as a trusted partner to corporate sellers globally ensuring seamless transitions regardless of transaction complexity.”

Chris Sznewajs, Founder and Managing Partner of Pacific Avenue

Pacific Avenue was advised by Robert W. Baird & Co. Inc., Weil, Gotshal & Manges LLP and Legance – Avvocati Associati. J.P. Morgan Securities acted as the lead arranger for the financing.

Sogefi was advised by Houlihan Lokey, Inc. and Clifford Chance LLP.

About Pacific Avenue Capital Partners

Pacific Avenue Capital Partners is a Los Angeles-based private equity firm focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. The members of the Pacific Avenue team have closed 90 transactions, including over 40 corporate divestitures, across a multitude of industries throughout their combined careers. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has more than $1.2B of Asset Under Management (AUM). For more information, please visit www.pacificavenuecapital.com.

About Sogefi S.p.A.

Sogefi S.p.A. is a Milan-based supplier of original parts for the automotive industry globally. Sogefi designs, develops, and produces filtration systems, flexible suspension components, and air management and cooling systems. Through its strong commitment to research, Sogefi continuously improves its components with technological developments across all product sectors, optimizing performance in terms of life cycle, effectiveness, size, weight, and environmental compatibility. For more information, please visit https://www.sogefigroup.com/en/index.html.

Contact Information:
Chris Baddon
Principal
cbaddon@pacificavenuecapital.com

Related Images

SOURCE: Pacific Avenue

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View the original press release on newswire.com.

CleverTap partners with Zoomcar to drive customer engagement on their app

CleverTap, the all-in-one engagement platform, today announced its partnership with Zoomcar, the leading marketplace for car sharing in emerging markets, to elevate user engagement and drive business growth. This strategic partnership will help Zoomcar elevate its customer engagement strategy by crafting personalized interactions that resonate with individual preferences and needs.

Through real-time insights Zoomcar will be able to truly understand user behaviors and preferences, further facilitating targeted re-engagement campaigns and win-back offers. With a keen focus on enhancing user retention and engagement, Zoomcar will be able to foster long-lasting customer relationships and ultimately maximize customer lifetime value. 

This partnership will enable Zoomcar to craft personalized campaigns, conduct A/B testing, and optimize omni-channel experiences. Zoomcar will be able to promote specific car models, rental packages, enhance overall campaign effectiveness, maximize bookings and revenue, and connect seamlessly with users across channels. This holistic approach aims to not only increase traffic at the top of the funnel but also to improve reachability and deliver personalized messages to a larger volume of users.

Through this partnership, CleverTap and Zoomcar aim to achieve: 

  • Improved Retention
  • Enhanced User Stickiness
  • Elevated User Engagement and Conversions
  • Increased Monthly Active Users (MAU)
  • Higher Deliverability Rate

Greg Moran, CEO and co-founder Zoomcar said, “Zoomcar’s customers look for convenient and independent self drive travel options with a growing need for personalized communication with custom recommendations of car options that cater to their various needs. With CleverTap, we aim to bridge the gap and deliver quick, relevant and personalized communication to drive higher engagement and conversions.”

Sidharth Pisharoti, Chief Revenue Officer, CleverTap said, “Zoomcar has been a prominent player in India’s self drive car sharing landscape for years, shaping how Indians experience the convenience of on-demand transportation. We’re excited to be partnering with them to help elevate their customer engagement. Through our cutting-edge platform, we will deliver unparalleled hyper-personalized experiences, contributing to their sustained business growth. Together, we will bring innovation and convenience to the forefront of the industry.”

About CleverTap
CleverTap is the all-in-one engagement platform that helps brands unlock limitless customer lifetime value by helping them create personalized experiences to retain their most valuable customers. The platform empowers businesses to orchestrate experiences for individuals across their lifecycles and design personalized journeys that span a lifetime. It offers analytics that encompasses every aspect of the lifecycle, enabling businesses to measure and optimize each experience in real time. Its unique AI capability is insightful, empathetic, and prescriptive, facilitating smarter and faster decisions. The all-in-one platform unifies experiences from every touchpoint, paving the way for a new era of customer engagement.

The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco.

Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, CDPQ, and 360 One, the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, and Jakarta.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/ 
X: https://twitter.com/CleverTap 

About Zoomcar
Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused on emerging markets. The Zoomcar community connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in growing markets.

Forward-Looking Statements
Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com 

IPSHITA BALU
Consultant, Archetype
+91 9590111798
ipshita.balu@archetype.co

Xpander and Xpander Cross HEV Models Premiere in Thailand, Featuring Safe, Secure and Exhilarating Driving Experience of Electrified Vehicles

Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that new hybrid electric vehicle (HEV) models of the Xpander and Xpander Cross crossover MPVs made their global debut and went on sale in Thailand today. The HEV models are produced at the Laem Chabang Plant of Mitsubishi Motors (Thailand) Co., Ltd., a local production and sales company in Thailand.

The Xpander is a crossover MPV that combines the comfort and versatility of an MPV with the bold styling and road performance of an SUV. After its debut in Indonesia in 2017, it was subsequently rolled out in the ASEAN region, Latin America, the Middle East, and other markets, with the Xpander Cross added in 2019 as the top variant of the series. Driving the growth of the company as a global strategic model, the Xpander series sold over 130,000 units1 globally in fiscal year 2022, which was third-highest of all Mitsubishi models behind the Triton2 and Outlander.

The newly-added HEV models combine Mitsubishi Motors’ trademark electrification and all-wheel control technologies to raise the appeal of the Xpander series to another level. Newly developed based on the brand’s plug-in hybrid electric vehicles (PHEVs), the HEV system delivers an eco-friendly and exhilarating driving experience unique to electrified vehicles. In addition, Active Yaw Control and other all-wheel control technologies complement the two-wheel drivetrain to enable safe, secure driving at will, and a variety of drive modes provide optimal driving on any road surface and in any weather condition. Moreover, drivers can actively choose EV driving according to the situation, such as driving in quiet residential areas early in the morning.

Key product features are as follows:

  • An eco-friendly, exhilarating and powerful motor drive made possible by an HEV system derived from PHEVs
  • Seven newly developed drive modes for EV driving at will and for safe, secure road performance in various weather and road conditions
  • An even more comfortable cabin space for driving with family and friends, plus a dedicated exterior accent for a distinctive look

Product overview(3)

An eco-friendly, exhilarating and powerful motor drive made possible by an HEV system derived from PHEVs

The newly developed HEV system features EV driving, hybrid driving and regenerative braking. High fuel efficiency and a powerful, exhilarating motor drive are achieved by having the system automatically switch to the optimal driving mode according to the driving conditions and remaining drive battery.

When starting and driving at low speeds, the vehicle is powered by the motor using electricity from the drive battery alone for EV driving (Figure 1). The system switches to hybrid driving when driving uphill or accelerating to run using the motor with electricity generated by the engine as well as power from the drive battery (Figure 2). Hybrid driving also kicks in when driving at high speeds to run using the engine with assistance from the motor (Figure 3). Because the engine starts smoothly, drivers can enjoy the smooth, comfortable ride of motor drive even during hybrid driving. During deceleration, kinetic energy is recovered from regenerative braking and converted into electric power, which is then stored in the drive battery (Figure 4). This HEV system derived from PHEVs is what made it possible to deliver both the quiet, clean ride of an EV with no fuel consumption or CO2 emissions, and the convenient, comfortable ride of an HEV for enjoying long drives without concerns about remaining battery.

The new HEV system delivers the smooth yet powerful acceleration with good response that is characteristic of an electrified vehicle. A generator and a motor with a maximum output of 85 kW are combined with a 1.6 L gasoline engine, along with a dedicated drive battery developed particularly for these models. Thanks to the powerful electric motor and battery output, torque kicks in swiftly when starting and the acceleration has good response when stepping on the pedal, thereby helping drivers smoothly change lanes on highways and merge after U-turns on city streets.

The newly developed 1.6 L DOHC 16-valve MIVEC4 engine adopts a high expansion ratio cycle (Atkinson cycle) to achieve a higher level of combustion efficiency while also incorporating the first electric water pump ever used in a Mitsubishi Motors engine to reduce mechanical loss. This improves the stand-alone fuel economy of the engine by around 10% compared to the gasoline engine CVT model while also improving the fuel consumption by approximately 34% in urban driving in the New European Driving Cycle (NEDC) test procedure, and approximately 15% in urban and extra-urban driving combined.



Seven newly developed drive modes for EV driving at will and for safe, secure road performance in various weather and road conditions

The seven newly developed drive modes comprise two modes for EV driving and five modes for optimal drive control according to road conditions.

Two drive modes are provided for drivers to be able to choose EV driving at will, according to the situation. EV Priority mode drives the motor on power from the battery without activating the engine. Since this mode is highly quiet in addition to being eco-friendly, it frees drivers from concerns about their surroundings when driving in environments such as residential areas early in the morning. If remaining battery is low, switching to Charge mode enables charging so that EV driving can be enjoyed again.

The other five drive modes deliver optimal handling and driving force according to road conditions. Based on a front, two-wheel drive system, various controls are integrated together – the Active Yaw Control (AYC), which controls the braking force between the left and right front wheels; traction control, which controls driving force when front wheel slippage is detected; acceleration control, which adjusts the output of the motors and engine during acceleration; and steering control, which adjusts steering response according to the speed range and road conditions.

Normal mode is well-balanced for everyday driving, Tarmac mode offers nimble driving and precise handling on winding roads, Gravel mode reduces skidding and delivers secure handling on unpaved roads, Mud mode achieves powerful road handling even on muddy, rough roads, and Wet mode reduces tire slippage and provides high stability even in heavy rains. Together, these modes achieve safe, secure road performance in various types of weather and road conditions for daily driving.

The interior features an 8-inch color liquid crystal display (LCD) meter, with a variety of information displayed on the screen for even greater ease of use. Information particular to an HEV is shown, such as the power meter that indicates Eco, Power, and Charge statuses in sync with accelerator control, in addition to energy flow, EV driving efficiency and remaining battery. When switching drive modes, the selected mode is shown as a graphic in the center of the display to make it more intuitively easy to select between drive modes even while driving. According to preferences, the screen can either be set to  enhanced mode with an advanced feel, or to classic mode which replicates an analog gauge configuration.

An even more comfortable cabin space for driving with family and friends, plus a dedicated exterior accent for a distinctive look

The Xpander and Xpander Cross HEV models deliver powerful, quiet motor drive thanks to the HEV system that prioritizes EV driving. Also, sound absorbing and soundproofing materials have been added to key locations on the vehicle to keep the interior quiet not only during EV driving but also when the engine activates during acceleration or when driving at high speeds, allowing for conversations to continue stress-free in the passenger cabin.

To accommodate the HEV system, the drive battery has been positioned under the floor of the front seats, thereby maintaining the Xpander series’ top-class, three-row interior space that is roomy enough for seven passengers, despite its body size that is easy to maneuver in city driving. The flooring of the engine compartment and around the battery has been changed, and the battery has been enclosed by front side members and front crossmember for protection, resulting in the improvement of body rigidity. Along with a special tuning of the suspension, these measures contribute to achieving outstanding steering stability and excellent ride comfort.

The exterior features “HEV” badges on the front grille and liftgate, plus “HYBRID EV” badges on the front doors, while blue accent color has been added to the lower part of the front side as well as the side garnishes, rear bumper, and wheels. White Diamond was newly added as a body color to express the clean character of an electrified vehicle with its rigid yet luminous and vivid color, joining Blade Silver Metallic, Graphite Gray Metallic and Jet Black Mica in the lineup of color options. For the Xpander Cross HEV model, Green Bronze Metallic is also available.

  1. Total combined units sold of the Xpander and Xpander Cross
  2. Sold as the L200 in some countries and regions
  3. Thailand specifications. Vehicle specifications and features may vary depending on model and/or market.
  4. MIVEC (Mitsubishi Innovative Valve timing Electronic Control system) is a term for Mitsubishi Motors’ variable valve timing mechanism.

About Mitsubishi Motors

Mitsubishi Motors Corporation (TSE:7211) —a member of the Alliance with Renault and Nissan—, is a global automobile company based in Tokyo, Japan, which has about 30,000 employees and a global footprint with production facilities around the world. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification—launched the i-MiEV –the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV –the world’s first plug-in hybrid electric SUV in 2013.

For more information on Mitsubishi Motors, please visit the company’s website at https://www.mitsubishi-motors.com/en/ 

eFrancisco Motors and HDEX Announce Groundbreaking Partnership in The Hydrogen Sector

HDEX and eFrancisco Motor Corporation proudly unveil a transformative alliance that will reshape the hydrogen landscape. This strategic partnership will harmonize with the distinctive business goals of both entities, offering a dynamic framework that allows for growth and innovation.



Expressing enthusiasm about this groundbreaking collaboration, Aron DuttaChairman of HDEX remarked, “This partnership marks a significant leap. We are confident that our combined strengths will propel us towards sustainable growth.” Elmer Francisco, CEO of eFrancisco Motor Corporation said, “We do not see hydrogen as an alternative fuel, rather, it is fuel of the future.”

This partnership transcends traditional collaborations by embodying a mutual commitment between HDEX and eFrancisco Motor Corporation to openly exchange invaluable insights, cutting-edge research, and extensive industry expertise. Through a unified effort in pooling strengths, the shared objective is not only to reshape the paradigm of public transportation but also to set a new standard for environmentally conscious and efficient mobility solutions powered by hydrogen technology.

About eFrancisco Motor Corporation

eFrancisco Motor Corporation, established in 1947, is the original manufacturer of the iconic jeepneys in the Philippines. They participate in the Philippine government’s Public Utility Vehicle Modernization Program, which aims to replace all jeepneys and other Public Utility Vehicles that are at least 15 years old with more energy-efficient and environment-friendly alternatives.

About HDEX

At HDEX, we are committed to advancing the possibilities within the evolving hydrogen market, offering a reliable platform for seamless trade and contributing to the sustainable future of energy. HDEX is a global company based in the United Kingdom. For more information contact us at info@hdexgroup.com. HDEX is set to debut its private token offering in the next few weeks, inviting only a select group of investors to participate. To receive updates, please join our mailing list at http://hdexgroup.com/

Source: Plato Data Intelligence 

Contact Details:
HDEX
info@hdexgroup.com