growth

Intelligent Automotive Software Platform Company Eatron Raises $11M in Series-A funding to accelerate its global growth

Published: Nov. 19, 2021 at 5:06 AM CST|Updated: 20 minutes ago

WARWICK, England, Nov. 19, 2021 /PRNewswire/ — Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software‘ platform for the edge and the cloud announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast.

Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software’ platform for...
Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software’ platform for the edge and the cloud, announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast. Eatron, which is headquartered in the UK with a world-class R&D centre in Istanbul, has developed a unique software platform which is driving significant innovation in the continuous optimization of performance, efficiency and safety of software-defined electric vehicles.

Eatron has a long-standing collaboration in different projects with Vinfast to explore and accelerate deployment

Read More

AutoBuy, the Automotive Remarketing Disruptor, Marks Triple Digit Growth

AutoBuy’s innovative remarketing model and efficient, virtual appraisal process for consumers results in steady stream of fresh inventory for auto dealers, driving record growth: 180% sales growth, $2 billion in inventory appraised to date, and expansion into four more states

Published: Nov. 1, 2021 at 9:00 AM CDT|Updated: 7 hours ago

WEST PALM BEACH, Fla., Nov. 1, 2021 /PRNewswire/ — AutoBuy is delivering fresh, high-quality used vehicle inventory to dealers at a record pace, resulting in triple digit sales growth year-over-year, a nearly 500% increase in EBITDA, over 300K customers served and $2 billion in inventory appraised to date.  The company’s virtual buying and appraisal process is driving much of this growth, including recent expansion into four more states: Georgia, Tennessee, South Carolina and North Carolina.

AutoBuy, a car buying company
AutoBuy, a car buying company

“Our virtual appraisal process was already in progress when the pandemic hit and

Read More

Southern Automotive Conference shines spotlight on Alabama auto growth

Alabama’s expanding auto manufacturing sector occupies center stage as industry leaders from across the region and beyond gather in Birmingham for the 14th installment of the Southern Automotive Conference, which began Wednesday and continues through Friday.

SAC 2021 is expected to draw more than 1,000 attendees and 200 exhibitors to the Birmingham-Jefferson Convention Complex. The conference has a special focus on original equipment manufacturers (OEMs), suppliers and service providers operating in Alabama, Georgia, Kentucky, Mississippi, South Carolina, Tennessee and Texas.

Premier sponsors of SAC 2021 are AIDT, which is Alabama’s primary workforce development agency, and a unique training center it funds, the Alabama Robotics Technology Park, along with the Alabama Works initiative.

“As a premier sponsor, we want to demonstrate the commitment AIDT and the Alabama Department of Commerce have to our automotive partners and to the very important work they do in providing a solid economic

Read More

$ 19 Bn Growth in Automotive Advanced Driver Assistance System (ADAS) Market| Decline in Sensor Prices to Boost Growth | 17,000+ Technavio Research Reports | News

NEW YORK, Sept. 29, 2021 /PRNewswire/ — The automotive advanced driver assistance system (ADAS) market in the auto parts & equipment industry to grow by USD 18.99 billion between 2021 and 2025. Technavio’s latest market research report estimates that the automotive advanced driver assistance system (ADAS) market will be progressing at a CAGR of about 8%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.

 Download Free Sample Report Now For Actionable Insights

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Continental AG, DENSO Corp., Hyundai Mobis Co. Ltd., Intel Corp., Magna International Inc., Robert Bosch GmbH, Valeo SA, Veoneer Inc., and ZF Friedrichshafen AG are some of the major market participants.

Read More