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Mobileye pops on ADAS pact with Volkswagen, Valeo [Yahoo! Finance]
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and Valeo (EPA:VLOF) to enhance advanced driver assistance systems (ADAS) in Volkswagen's upcoming MQB-based vehicles. The collaboration is said to aim to streamline procurement, reduce complexity, and improve efficiency, integrating Mobileye's Surround ADAS platform and Valeo's sensor technology into a single centralized system. The company explained that the new system will enhance safety and driving comfort, offering features like hands-free driving on approved highways, traffic jam assist, hazard detection, parking assist, and 360-degree emergency assist. "This cooperation supports us on our road to transformation," said Dirk Große-Loheide, Volkswagen's board member for procurement. "By sourcing hardware and software together, we streamline procurement, reduce complexity, and improve efficiency." Mobileye's EyeQ 6 High processor and mapping technologies are expected to power the system, with Valeo providing high-performance ECUs, sensors, and parking solutions. The int
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- Siskinds LLP Announces 10 New Partners [Yahoo! Finance][Yahoo! Finance]
- Canadian Solar Inc. (NASDAQ: CSIQ) had its price target lowered by analysts at Citigroup Inc. from $12.00 to $11.00. They now have a "sell" rating on the stock.[MarketBeat]
- Canadian Solar Inc. (NASDAQ: CSIQ) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $11.00 to $9.00. They now have a "sell" rating on the stock.[MarketBeat]
- Canadian Solar Posts Wider Q4 Loss, Reaffirms 2025 Outlook Amid Fierce Industry Headwinds [Yahoo! Finance][Yahoo! Finance]
- Earnings Snapshot: Canadian Solar Q1 revenue outlook lags estimates, flags tariff impact on margins [Seeking Alpha][Seeking Alpha]
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