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Karma Automotive, California’s First and Only Ultra-Luxury Automaker, Takes the Role of Business-to-Business Technology Partner with Karma Connect

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Underpinned by a Deep Commitment to Hasten the Industry’s Realization of Software-Defined Vehicles, Karma Connect Enables More Vehicles to Stay on the Road Longer While Enriching the Ownership Experience

IRVINE, Calif., July 31, 2024 /PRNewswire/ — Karma Automotive, California’s first and only ultra-luxury automaker, today launches Karma Connect, a proprietary Vehicle Data Management (VDM) and Over The Air (OTA) services platform which will redefine the experience of owning a Karma automobile both today and tomorrow, and as the company will be making these first-to-market services available to Tier 1’s and Original Equipment Manufacturers (OEM’s), signifies the arrival of Karma Automotive as a business-to-business technology partner whose initiatives will benefit the industry at large.

Karma Automotive Takes the Role of Business-to-Business Technology Partner with Karma Connect

The arrival of Karma Connect follows through on the business strategy initiated by the February, 2024 acquisition by Karma Automotive of assets of the company formerly known as Airbiquity, an automotive commercial software company which has been deployed in more than 60 countries, servicing the largest OEM’s including both passenger cars and motorcycles. That acquisition included technology assets, intellectual property, the onboarding of key technical employees, and the continuation of services contracted with OEM’s.

For clients purchasing Karma automobiles, Karma Connect comes standard and will ensure a level of service, content, and features renewal through next-generation OTA data transmission, a central enabler of Software-Defined Vehicles. Further, Karma Connect is underpinned by the company’s deep commitment to lengthen product longevity – a mindset more often associated with heirlooms than vehicles with predetermined obsolescence – a commitment to be met with further developments pertaining to vehicle touchpoints including color, material, and personalization.

For other OEMs, with technologies like Karma Connect, Karma Automotive can provide the industry with rapid, statistically relevant insights from its highly affluent customer base that is pre-disposed to first-mover product adoption. As all technologies are deployed in Karma vehicles first, partners benefit from software that is hardened for production in automotive applications, instead of laboratory developments. This mitigates the risk of new technology adoption and quickens innovation and validation cycles.

“The automotive industry continues to undergo massive transformation, adopting new technology at a pace never seen before,” says Marques McCammon, President, Karma Automotive. “Each of these new innovations challenges manufacturers’ deeply-rooted systems, architectures, processes and supply chain. The goal is to pivot to the future while sustaining profitability today. Software-Defined Vehicles are the future, but it’s yet to be fully realized because the cost of change, at least in the near term, is erosive to profits. It is a classic innovator’s dilemma but playing at industry scale. Karma Connect demonstrates the role Karma Automotive will play as an ally, helping manufacturers meet the demands of tomorrow, right now.”   

Two distinct services are offered beneath the Karma Connect umbrella:

Karma Flash: Utilizing Karma Cloud Services (KCS), Karma Flash delivers OTA updates to any Karma Revero vehicle MY2020 and later, a one-way flash upgrade from cloud to client. While Karma Flash can be used to fix issues, it will also deliver new features and capability to vehicles long after the point of sale, similar to downloading a new app for a smartphone.
 Karma Recon: Also utilizing KCS, Karma Recon is a robust service which focuses on data analytics to deliver meaningful insights. Through reciprocal data transmission between the cloud and the client, and the client to the cloud, Karma Recon enables the retrieval of onboard data, diagnostics and analytics from the vehicle. Once a sufficient history of data has been compiled, Karma Recon can use its AI-based fault-filtration utility to predict potential onboard failures before they occur, prompting precautionary service of the vehicle while simultaneously generating real-time design cases to help engineers address issues at the source.

Karma vehicle customers will get their first experience with Karma Flash with the launch of “Tune”, a new cabin audio experience for the Karma Revero sport sedan. This upgrade, engineered by luxury audio designer Master & Dynamic, will be made available to existing Revero owners Model Year 2020 and later. Tune by Master & Dynamic will also be a retail option on the 3rd Generation Karma Revero, which begins delivering to clients in the 4th Quarter 2024. 

About Karma Automotive
Karma Automotive is California’s first and only ultra-luxury automaker, manufacturing electric and E-REV (Extended Range Electric Vehicles) at its production facility in Moreno Valley, CA, with its executive and design headquarters in nearby Irvine, CA. The Karma portfolio embodies California’s spirit of innovation and entrepreneurial boldness, reflected by the signature Comet Line which is the central hallmark of Karma’s new design language. The 3rd Generation Karma Revero sport sedan, the world’s first luxury plug-in hybrid, will be introduced in 4th Quarter 2024, offering luxury balanced with conscientiousness delivered without compromise. The Gyesera four-seater is anticipated in 2025, and in 2026, the Karma Kaveya super-coupe, with up to 1,000 horsepower and butterfly-doors, will arrive. Karma Automotive’s dealer network spans North America, Europe, South America and the Middle East.

(www.karmaautomotive.com)
Media Contact:
Joe Richardson, (917) 716-6617
Joe@BeautifulNoisePR.com

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SOURCE Karma Automotive

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Gentoo Media – Mandatory notification of trade

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ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

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Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

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BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

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Agoda Highlights Five Urban Hikes for Adventurous Travelers

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SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

 

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SOURCE Agoda

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