Market News
Recent Developments
New product launches
- In July 2023, Marelli is a global automotive supplier specializing in developing and manufacturing advanced systems and components for the automotive industry, in collaboration with AMS OSRAM, unveiled a pioneering advancement in automotive front lighting with the introduction of the h-Digi® microLED module. This innovation, currently in series production, introduces a digital lighting solution utilizing an innovative intelligent multipixel LED. It facilitates fully adaptable, dynamic headlight functionality and image projection while maintaining affordability, making it accessible for a broader spectrum of vehicles.
- In July 2022, Hella is a global automotive supplier known for producing innovative lighting and electronic components for the automotive industry launched the Digital Light SSL | HD, its new high-definition projection module that projects information and symbols onto the road to alert pedestrians and improve communication between road users.
- In November 2021, ZKW Group is an international company specializing in automotive lighting systems unveiled its HD Matrix LED headlight with 180 individually controllable LEDs, enabling adaptive light distribution for enhanced road visibility and safety.
Acquisition and partnerships
- In December 2022, Stellantis is a multinational automotive manufacturer resulting from the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA and Qinomic established a strategic alliance to create a retrofit solution aimed at transforming internal combustion engine-based Light commercial vehicles into electric drivetrain systems.
- In August 2023, Hyundai Mobis (KRX: 012330), a prominent global automotive supplier, and Autotalks, a frontrunner in Vehicle-to-Everything (V2X) communication solutions, are poised to reveal their newest collaborative project: Hyundai Mobis' (Multi-functional Telematics Control Unit (MTCU) connectivity modules.
- In December 2020, Marelli partnered with Smart Me Up to develop a long-range intelligent lighting system that can communicate with external infrastructure.