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Wednesday 31 March 2021

variednews: Hyundai Mobis, announced the urban shared future m...

variednews: Hyundai Mobis, announced the urban shared future m...: SEOUL, South Korea, March 31: Hyundai Mobis disclosed a new mobility concept reflecting the post-Covid 19 era. The mobility platform, ...

Hyundai Mobis, announced the urban shared future mobility concept, M.Vision X and M.Vision POP!

SEOUL, South Korea, March 31: Hyundai Mobis disclosed a new mobility concept reflecting the post-Covid 19 era. The mobility platform, introduced on this day, has re-interpreted the passenger experience and communication methods from the viewpoint of interconnection and consideration in a contact-free age, and can entertain users through convergence of new technologies. "We worked hard to sublimate the changes in life people have had to cope with in the post-Covid 19 era with new mobility technologies," said Vice President Cheon Jae-Seung, Head of the Fundamental and Advanced Lab of Hyundai Mobis. "The new mobility platform, as presented by Hyundai Mobis, contains the spirit of technical exploration, which also enables people to share their thoughts and feel the joy of everyday life." M.Vision X, using all the windows as screens and a contact-free communion with passengers! M.Vision X is purpose-based 4-seater mobility. It provides a customized experience based on a unique interpretation of interior space. X in M.Vision X means the expansion of communication (eXpansion), connected experience (eXperience), and expedition into a new space (eXpedition). As the windows of the vehicle can be transformed into a display with a special theme (Virtual Space Wall), it is possible to use all 360º transparent windows of the vehicle as a screen for watching sports games or performances. Personalized control of the displays in M.Vision X is also possible. Several screens are installed in the windows of the vehicle. Some passengers may use the display as a transparent window and enjoy the outside scenery, while others may use it as a screen to watch a movie. It is also possible to change the indoor seats according to their purpose so that they can be used both ways. The core solution of M.Vision X is the vertical cockpit in the center of the interior, which looks like a square pillar. On each of the four sides of the integrated center cockpit is a 28-inch display. This integrated center cockpit communicates with passengers in a contact-free fashion using the gesture recognition functions. As a result, passengers can control all driving-related functions, e.g. the autonomous driving mode, AI speakers and infotainment. There is also a sterilization function that uses UV lighting to automatically sterilize the vehicle once the passengers get out of the car. This new technology is also a feature of M.Vision X. M.Vision POP, mobility enjoyed on smartphone… 'wheel rotation' and 'crab driving' are possible! M.Vision POP is the exceptionally small mobility concept based on electric vehicles, developed under the theme of 'TECH JOY.' The focus was placed on giving users pleasure through a convergence of the latest technologies of Hyundai Mobis. The core solution of M.Vision POP is 'PHOBILITY.' It is a compound word of Phone and Mobility. It means mobility enjoyed on a smartphone. It is a new mobility technology that introduces the concept of smartphone and steering wheel docking to control the vehicle with the smartphone. The smartphone in the steering wheel becomes the cockpit of the automobile itself. The smartphone navigation screen interfaces with the front display of the vehicle, and the user recognition or voice recognition function can be used as well. It is also possible to use smartphone sensors for wireless steering of the automobile. As M.Vision POP has the e-Corner module, each the four wheels of the vehicle can be rotated up to 180º. As a result, crab driving, i.e. the vehicle moving from side to side like a crab, or even 360º rotation, is possible. If this technology is used, parallel parking will become easier, too. The e-Corner module is a next-generation technology that integrates the driving, braking, steering, suspension system in each wheel of the vehicle. On this day Hyundai Mobis also unveiled the next-generation integrated cockpit system (M.VICS: MOBIS Vision of Integrated Cockpit System) together with M.Vision X and M.Vision POP. This integrated cockpit is a next-generation system in the mass-production stage that integrates all the core technologies of Hyundai Mobis, e.g. ADAS, biometrics and Blooming Sound. In consideration of COVID-19, Hyundai Mobis produced a demonstration video of the integrated cockpit system, and a contact-free promotion targeting global automakers is underway. About Hyundai Mobis Hyundai Mobis is the 7th largest leading automotive supplier. Founded in 1977 and is headquartered in Seoul, Korea, Hyundai Mobis is to become a lifelong technology partner for vehicles and people. Hyundai Mobis is excellent in sensors, sensor fusion in controllers and software design capabilities in safety control. Its products also include various electrification components, brakes, suspension, steering, airbags, lights and automotive electronics. Mobis currently has more than 30,000 employees and has been manufacturing in more than 30 regions in 10 countries. In addition to its R&D headquarters in Korea, Mobis has 4 technology centers in Germany, China, India and the United States.

variednews: Ademi LLP Investigates Claims of Securities Fraud ...

variednews: Ademi LLP Investigates Claims of Securities Fraud ...: MILWAUKEE, March 31:Ademi LLP is investigating possible securities fraud claims against Canoo (Nasdaq: GOEV). The investigation results fr...

Ademi LLP Investigates Claims of Securities Fraud against Canoo Inc.

MILWAUKEE, March 31:Ademi LLP is investigating possible securities fraud claims against Canoo (Nasdaq: GOEV). The investigation results from inaccurate statements Canoo may have made regarding its business operations and prospects. Click here to learn more about the investigation: https://www.ademilaw.com/case/canoo-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. The investigation focuses on whether Canoo properly disclosed the underlying facts of supposed strategic agreements with Hyundai and Kia brands building vehicles on Canoo's electric vehicle platform, which were announced last February. On March 30, 2021, however, during its conference call Canoo disclosed that there was no potential strategic agreements and admitted that certain of previous management had been "a little more aggressive" with disclosures about strategic agreements than they should have been and that talk of potential partnerships was "presumptuous." As Canoo's chairman stated on the conference call, "You've got to be careful with statements you make. So, you know, again, I think it was a little premature." If you wish to obtain additional information or have information about this investigation, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, https://www.ademilaw.com/case/canoo-inc. We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

variednews: Machine Tool Market in India to Grow by $ 1.9 Bill...

variednews: Machine Tool Market in India to Grow by $ 1.9 Bill...: NEW YORK, March 31: Technavio estimates the machine tool market in India to grow by USD 1.9 billion, progressing at a CAGR of almost 13% ...

Machine Tool Market in India to Grow by $ 1.9 Billion During 2020-2024 | Featuring Bharat Fritz Werner Ltd., DMG MORI Co. Ltd., and HMT Ltd. among others | Technavio

NEW YORK, March 31: Technavio estimates the machine tool market in India to grow by USD 1.9 billion, progressing at a CAGR of almost 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Machine Tool Market in India by Type and Technology - Forecast and Analysis 2020-2024 Technavio has announced its latest market research report titled Machine Tool Market in India by Type and Technology - Forecast and Analysis 2020-2024 The market is driven by the growth of the automotive industry. In addition, the adoption of 3D printing technology will positively influence the growth of the machine tool market in India. Machine Tool Market in India: Technology Landscape Based on the technology, the market witnessed maximum growth in the CNC machine tools segment. This can be attributed to the growing adoption of a variety of CNC machines, such as grinding machines and vertical or horizontal machining centers, with multi-axis capabilities by end-users to manufacture components at higher production rates. The market growth in the segment will be significant over the forecast period. Machine Tool Market in India: Type Landscape Based on the type, the market witnessed maximum growth in the metal cutting machines segment. This can be attributed to the growing demand for metal cutting tools from automotive, railways, construction, shipbuilding, aerospace, and windmill tower industries. Major Five Machine Tool Market Vendors in India: Bharat Fritz Werner Ltd.: The company offers different types of machine tools such as Five Axis Machining Solutions, special purpose machines, vertical lathes, vertical machine centers, and others. DMG MORI Co. Ltd.: The company offers machine tools under the CLX brand in India. HMT Ltd.: The company offers CNC flat bed lathes, CNC slant bed lathes, CNC bar turning center, CNC trainer lathe, and other products. ITL Industries Ltd.: The company offers large pipe bed sector cutting machines, tube bundle of heat exchanger and condensor cutting machine, plate saw with longitudinal sliding type, and other machine tools. Jyoti CNC Automation Ltd.: The company offers machine tools under various brands such as AX Series, DX 200 Series, DX nvu Series, TMC Series, and others. Related Reports on Industrials Include: Global CNC Machine Tools Market – Global CNC machine tools market is segmented by product (CNC lathe machines, CNC milling machines, and other CNC machines) and geography (APAC, Europe, North America, South America, and MEA). Global Metal Forming Machine Tools Market – Global metal forming machine tools market is segmented by end-user (automotive, industrial machinery, transportation, precision engineering, and others) and geography (APAC, Europe, North America, South America, and MEA). What our reports offer: Market share assessments for the regional and country-level segments Strategic recommendations for the new entrants Covers market data for 2019, 2020, until 2024 Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

variednews: Hyundai Mobis announces its mid- to long-term tran...

variednews: Hyundai Mobis announces its mid- to long-term tran...: SEOUL, South Korea, March 31: Hyundai Mobis will innovate its business structure to secure future technological competitiveness and long-...