AUTO

18 Apr 2019

BMW to settle customs dispute by paying LE 55M to Egypt

CAIRO – 17 April 2019: Egypt’s Customs Authority reached an agreement with the International BMW Company to end the dispute over tariffs and evaluation of the imported cars, by paying LE 55 million, Head of the authority Kamal Negm told Enterprise.

Negm added that"...

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14 Apr 2019

Drop in car sales in Egypt

Egypt’s vehicle sales dropped by 5.2 per cent year-on-year in February to stand at 10,857 vehicles from 11,454 last year, figures from the Automotive Information Council (AMIC) showed this week.

Passenger"...

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11 Apr 2019

Egypt to enter electric vehicle industry

Cairo: Prime Minister Mostafa Madbouli formed a committee comprised of representatives from the Ministries of Military Production, Local Development, Trade and Industry, the Public Business Sector, Transport, Electricity, Petroleum, Higher Education, Interior, and Tourism, the Arab Organization"...

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11 Apr 2019

Velodyne Lidar Wins 2019 Automotive News PACE Award

Velodyne Lidar, Inc. was named a 2019 Automotive News PACE Award winner at an awards ceremony on April 8 in Detroit. Velodyne was the only lidar provider to win this prestigious award, which distinguishes automotive suppliers for superior innovation, technological advancement, and business performance. Velodyne was recognized for the Velodyne Alpha Puck™, a lidar sensor specifically made for autonomous driving and advanced vehicle safety at highway speeds. Perfect for Level 4-5 autonomy, the sensor produces an image best described as “stunning,” with the highest resolution data set in the world. It boasts the longest range......

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04 Apr 2019

Automotive market sales fall 5.2% in February

Cairo: Sales of the automotive market dropped 5.2 percent during February 2019, recording 10,857 vehicles, compared to 11,454 thousand vehicles in the same month of 2018, according to the monthly bulletin of the Automotive Market Information Council (AMIC).

AMIC"...

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03 Apr 2019

Velodyne Lidar Announced as Finalist for AUVSI XCELLENCE Awards

Velodyne Lidar, Inc. has been named as a finalist in the Vision/Camera Systems & Components category of the XCELLENCE Awards by the Association for Unmanned Vehicles Systems International (AUVSI). Velodyne was selected from a pool of accomplished applicants as one of several finalists. Winners will be announced during the awards ceremony at AUVSI XPONENTIAL on Tuesday, Apr. 30 from 11:30 a.m. to 12:15 p.m. CDT at McCormick Place in Chicago. XCELLENCE awards finalist Velodyne Alpha Puck™ delivers a high-resolution surround-view image to accurately measure and analyze any environment for mobile mapping, as well as real-time inspection,......

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03 Apr 2019

Velodyne Lidar’s Sponsorship of Japan Automotive AI Challenge Advances Next Generation Engineers

Velodyne Lidar, Inc. participated as a gold sponsor in the recent Japan Automotive AI Challenge. The university student competition, organized by the Society of Automotive Engineers of Japan, brought together student teams to compete for artificial intelligence (AI) algorithm accuracy during autonomous driving on test roads. The challenge, which took place at the University of Tokyo in Tokyo, Japan on March 23-24, 2019, supports education of AI engineers in autonomous vehicle (AV) development. AI algorithms developed by the teams were installed in self-driving motorized karts and used in a test-track competition. Each of the autonomous karts......

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