15 Jan 2020

How would zero customs on European, Turkish cars affect Chinese brands?

Recently, imported European and Turkish cars coming into Egypt have become exempted from customs, reviving a sales movement in the local market. However, this may not be the case for other brands, seeing that tax free cars from Europe and Turkey are a serious competitor for China. Therefore,"...

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08 Jan 2020

FLIR Systems and ANSYS to Speed Thermal Camera Machine Learning for Safer Cars

FLIR Systems, Inc. (NASDAQ: FLIR) and ANSYS (NASDAQ: ANSS) are collaborating to deliver superior hazard detection capabilities for assisted driving and autonomous vehicles (AVs) — empowering automakers to deliver unprecedented vehicle safety. Through this collaboration, FLIR will integrate a fully physics-based thermal sensor into ANSYS’ leading-edge driving simulator to model, test, and validate thermal camera designs within an ultra-realistic virtual world. The new solution will reduce original equipment manufacturers’ (OEM) development time by optimizing thermal camera placement for use with tools such as automatic emergency......

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06 Jan 2020

Government sets regulations for electric car system before end of 2020

The government plans to set rules and regulations for the electric vehicle system before the end of 2020.

Governmental sources told Daily News Egypt that the electricity consumption tariff used in the charging"...

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03 Jan 2020

New Shared Mobility Concept, Luxoft HALO, Introduces a Revolutionary Digital, Consumer-Grade In-Vehicle Experience

Luxoft, a DXC Technology Company (NYSE: DXC), today in collaboration with LG Electronics, Amazon and Mapbox unveiled Luxoft HALO, the company’s latest shared mobility concept featuring a revolutionary digital, consumer-grade in-vehicle experience. Luxoft HALO will be formally debuted at CES® 2020, Jan. 7-10, 2020, Las Vegas, NV. At home, consumers expect their digital experiences to be simple, convenient and accessible at any time across a range of devices. Increasingly, consumers also expect access to their favorite content and services, in the vehicle and on the go. Luxoft HALO shared mobility concept demonstrates how all consumers’......

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31 Dec 2019

Velodyne Lidar Advances Driver Safety with New Products at CES 2020

Velodyne Lidar, Inc. will introduce and demonstrate its groundbreaking new lidar sensor technology at CES 2020 in the Las Vegas Convention Center North Hall – booth #7520. Velodyne will highlight its lidar technology that enables high-level Advanced Driver Assistance Systems (ADAS) for safe navigation and collision avoidance, all within compact form factors. Velodyne will host an in-booth press conference to announce a breakthrough lidar sensor that sets a new industry benchmark for size, versatility and affordability, exciting new ADAS software, partnerships and customer relationships on Tuesday, January 7, at 11:00 a.m. PST. Velodyne......

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29 Dec 2019

International EV sales expected to reach 56m cars in 2040: Bloomberg

Bloomberg believes China has the upper hand in electric vehicle (EV) charging station market compared to the United States, as the Asian giant has eight times the number of EV charging stations that the US has. This difference is expected to become more pronounced as China thrives in technological"...

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22 Dec 2019

Toyota Tsusho to manufacture 240k gas minibuses in Egypt

Cairo: Toyota Tsusho said on Thursday that it will manufacture 240,000 natural gas minibuses in Egypt in cooperation with the Arab Organization for Industrialization.

The Japanese company’s announcement"...

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18 Dec 2019

Toyota expects 2020 global car sales to stay at record-high levels

Toyota Motor Corp (7203.T) expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world’s top car markets.

The Japanese"...

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