Thursday, 25 July 2024
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Subaru of America, Inc. today announced that its parent company, Subaru Corporation, reached an agreement with Tesla, Inc. to adopt the North American Charging Standard (NACS) for the charging ports of its battery electric vehicles (BEVs) to be launched in North America beginning in 2025.

To provide customers with access to the extensive Tesla charging network, Subaru will adopt NACS ports on certain Subaru BEVs launched in North America beginning in 2025 and will continue to advance NACS adoption for its subsequent BEVs to be launched after that.

Additionally, Subaru plans to provide access to an adapter enabling NACS charging from 2025 for customers owning or leasing applicable Subaru BEVs equipped with the Combined Charging System (CCS). Customers of NACS-compatible Subaru BEVs will gain access to more than 15,000 Tesla Superchargers across North America, significantly enhancing charging convenience.

Under the new management structure established in June 2023, Subaru has announced a goal of “aiming for 50% of total global sales to be BEVs in 2030” to contribute to achieving carbon neutrality.

— Press release courtesy of Subaru

Posted On Friday, 03 November 2023 01:39 Written by
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LOGANSPORT, INDIANA — ARaymond, a global firm that designs and manufactures assembly and fastening systems for automotive and other industries, recently announced that it has invested $12 million in its manufacturing facility in Logansport.

The company said the $12 million will include installation of new pre finish and coating lines and that it will streamline and improve the company’s overall operations.

The new equipment will arrive at ARaymond’s Logansport facility — located at 800 W County Road 250 S — in December 2023, and will be fully operational by August 2024.

Posted On Thursday, 26 October 2023 13:02 Written by
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Letitu Corporation has announced the global launch of “The Pond," a data-driven platform that uses artificial intelligence (AI) to help students find and get accepted to their “best choice” of college.

In doing so, Letitu proprietary technology has identified key factors and proven strategies that make for success in today’s complex college admissions process. The database includes every college in the United States. 

The Pond helps students solve two key issues: the shortage of high school counselors in the United States; and the situation where the college admissions process is increasingly being delegated to a selective group of experts and large companies. In response, The Pond empowers all students and their families to develop an independent, practical roadmap to college.

In fact, there are 455 students for each school counselor in the U.S. This shortage of school counselors makes it difficult for many schools to provide adequate guidance to students planning to attend college.  Now, The Pond can guide high school students to better understand their goals and aptitudes, potential career choices, and how to pay for higher education.

Posted On Tuesday, 10 October 2023 02:37 Written by
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Omolle, a global manufacturer and distributer of connected fitness products based in Seoul, South Korea, is launching a limited release of its new product, Mativ, an interactive AI workout mat.

The Mativ smart mat is paired with a wrist band and embedded sensors that can be used for a variety of activities including High-Intensity Interval Training (HIIT), Pilates, strength training and yoga. The mat’s technology includes video content of instructor-led workouts; real-time feedback such as calorie burn, voice motivation, suggestions and ranking; and provides a virtual community for users to connect with other users, influencers and instructors.

Connected fitness is the most rapidly growing segment of the fitness industry with a predicted average annual growth of 31.2 percent, reaching nearly $6 billion by 2025. Omolle’s vision is to disrupt the connected fitness industry by providing affordable, accessible and intuitively connected fitness equipment to a large audience.

“How people exercise has been forever changed in the past few years and has been accelerated by the coronavirus pandemic,” said Omolle CEO Minki Kang, about the fitness trend toward connected, remote training. “I saw a clear gap in the marketplace in the area of affordable, connected fitness equipment, and our Mativ smart mat is an example of how people can continue to stay in shape on their own terms without spending thousands of dollars to do so.”

The Mativ mat costs $299, and the monthly subscription is $9.99 for content/connectivity. For more information on Mativ, or to pre-order, visit www.mativfitness.com.

Omolle, established in 2018, started to develop fitness content services as a member of Born2Global Center, a South Korean-based government agency that supports startups. The Seoul-based company quickly realized there was an underserved fitness market segment and set out to fulfill it. Omolle’s technological expertise is recognized worldwide, and the company has applied for 50 different patents, trademarks, and designs, both in Korea and abroad. Thirteen patents and other intellectual property rights have already been registered. Omolle was also selected for the Amazon Launchpad program.

Posted On Thursday, 03 March 2022 17:57 Written by
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StradVision, a pioneer in AI-based vision processing technology for Autonomous Vehicles and ADAS systems, has announced that it provides its camera perception software SVNet for LG Electronics’ latest ADAS Front Camera System.    

As a software solution provider, StradVision closely cooperated with LG Electronics to support its development of an algorithm implementing various ADAS functions. For the various safety functions delivered by LG Electronics' ADAS Front Camera System, StradVision offered full customization of Object Detection and Free Space Detection.

Posted On Monday, 13 December 2021 13:27 Written by
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