Auto

August 1, 2021

Car insurance claims on the rise, drivers should be more diligent on the road and when choosing insurance

During COVID19, car insurance claims declined to about 60% level
Insurance companies lowered premiums during COVID
In 2021, trend reversal and +45% claims
Main causes of accidents and claims are preventable
Further trend acceleration expected due to non-travel / less travel of residents
Increasing insurance...

August 1, 2021

Morocco’s Automotive Exports Reached $4.76 Billion As of June

Rabat - New data shows Morocco’s automotive sector’s exports reached MAD 42.33 billion or $4.76 billion in the first half of 2021.

The number represents a continuous positive trend in the sector, the"...

July 31, 2021

Coscharis Motors Reveals All New Ford Explorer at 2021 Lagos Motor Fair

It was one of the highlights of the fair when the leading auto dealership in Nigeria, Coscharis Motors Plc recently introduced the all new Ford Explorer at the recently held 2021 Lagos Motor Fair, which took place at the Federal Palace Hotel, Lagos. Coscharis’s participation at this"...

July 30, 2021

Velodyne Lidar Introduces Vella Development Kit for Building Autonomous Solutions

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a new software development kit which allows customers to utilize the advanced capabilities of Velodyne’s Vella lidar perception software in their autonomous solutions. The Vella Development Kit (VDK) enables companies to accelerate time to market for bringing cutting-edge lidar capabilities to autonomous vehicles, advanced driver assistance systems (ADAS), mobile delivery devices, industrial robotics, drones and more. VDK helps companies use their development resources more efficiently by reducing the time and effort required to integrate 3D lidar sensors into applications. The......

July 29, 2021

Morocco Signs Agreement with Renault to Expand Auto Manufacturing

Denver - Morocco continues to strengthen its increasingly dynamic automotive industry, with the announcement of an agreement signed today with the Renault group.

Minister of Industry, Commerce, and New Technologies"...

July 26, 2021

Tanger Med Port Propels Morocco's Booming Auto Sector

STMicroelectronics is set to inaugurate a new electric vehicles (EV) chip production at its facility in Bouskoura, Morocco. The plant will be dedicated to producing electronic chips for Tesla after STMicroelectronics won a contract with the American electric automaker. Initial production"...

July 18, 2021

Covid-19: Vaccination Broadened To People Aged 30-34

The national vaccination campaign against Covid-19 has been extended to people aged between 30 and 34 years old, the Ministry of Health announced on Saturday.

Citizens who have received text messages about the vaccine"...

July 18, 2021

Hamid Bentahar Elected New President of CNT

Hamid Bentahar was elected new president of the National Confederation of Tourism (CNT), on Saturday in Marrakech, at the end of the elective ordinary General Assembly.

Embodying novelty, creativity and the future,"...

July 15, 2021

Velodyne Lidar Partners with NVIDIA Metropolis for Intelligent Infrastructure Solutions

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced it has joined the NVIDIA Metropolis program for Velodyne’s Intelligent Infrastructure Solution for traffic monitoring and analytics. NVIDIA Metropolis is designed to nurture and bring to market a new generation of applications and solutions that make the world’s most important spaces and operations safer and more efficient with advancements in AI vision. The Intelligent Infrastructure Solution combines Velodyne’s award-winning lidar sensors and powerful AI software to monitor traffic networks and public spaces. The solution addresses the pressing need for smart city......

July 15, 2021

Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA

Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of the Toyota Motor Corporation, announced the acquisition of CARMERA, Inc. (“CARMERA”), a U.S.-based spatial AI company, which specializes in bringing next-generation road intelligence to automated mobility"...