24.53 0.00 (0.00%)
After hours: 4:50PM EDT
|Bid||24.52 x 800|
|Ask||24.48 x 1000|
|Day's Range||24.38 - 25.25|
|52 Week Range||22.63 - 8,300.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.58|
With the notable exception of Elon Musk’s Tesla Inc, most automakers have said their self-driving cars will rely on a detection system known as lidar. Pressure to launch self-driving cars is already pushing many players to place bets on the technology. General Motors Co, Ford Motor Co and BMW are expected to deploy sensors from well-funded lidar startups Velodyne and Innoviz on their initial self-driving cars over the next two years.
STOCKHOLM, March 5, 2019 /PRNewswire/ -- Veoneer, Inc.'s (VNE) and (SSE:VNE SDB), joint-venture for advanced driver assistance systems (ADAS) and autonomous driving software, Zenuity, reached an important milestone when the all-electric luxury car Polestar 2 was revealed recently. Early 2020, Polestar 2 will be the first car model on the market with an ADAS software system, e.g. In Polestar 2, Zenuity's ADAS software stack has been integrated with Veoneer's sensors and the active safety products ADAS ECU, front radar, and monovision cameras version 4 with algorithms using deep learning technologies developed by Veoneer.
STOCKHOLM , Feb. 26, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), ...
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STOCKHOLM , Feb. 13, 2019 /PRNewswire/ -- Financial Summary - Q4'18 • Consolidated Net Sales $535 million • Net Sales growth (10)%, Organic Sales* growth (9)% • Active Safety Sales growth 1%, Organic Sales* ...
Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), is one of the founding partners in AI Innovation of Sweden, the new national center for accelerating research and innovation within Artificial Intelligence (AI). AI Innovation of Sweden is a national and neutral initiative which is intended to function as an engine in the Swedish AI ecosystem. The focus is on accelerating implementation of AI by means of sharing knowledge and data, co-location and collaboration projects, all with a strong focus on ethics, transparency and security.
Autoliv on Tuesday forecast lower-than-expected organic sales growth this year and pushed back 2020 sales and margin targets, blaming a slowdown in car production and sales and an increase in raw material prices. The world's largest maker of airbags and seat-belts said it was maintaining its targets of reaching more than $10 billion in sales and around 13 percent in adjusted operating margin, but no longer expected to reach them in 2020. "Compared to when we put these targets out in 2017 ... there has been a big (drop) in underlying light vehicle production that requires us to push out the targets somewhat," CEO Mikael Bratt told Reuters.
A Volvo Cars joint venture has won approval to begin hands-free testing of its software for self-driving cars on Swedish highways, partner Veoneer said on Monday. Veoneer said the Zenuity joint venture's software for Level 4 autonomous driving - the second highest level - would be tested in a Volvo car by trained drivers with their hands off the steering wheel at a maximum speed of 80 kilometres per hour (50 miles per hour). U.S. companies are leading the pack, with Google's Waymo last year winning the first approval to test cars without safety drivers on Californian public roads.
Transportstyrelsen, the Swedish Transport Agency, has approved that Zenuity, the joint venture between Veoneer and Volvo Cars, to do tests with self-driving cars on Swedish highways. The routes that have been approved are E4 between Stockholm and Malmö, road 40 between Jönköping and Gothenburg, and E6 between Gothenburg and Malmö. "The approval to do real-life tests is essential for gathering important data and test functions. It is a strong proof-point for the progress of Zenuity's self-driving capabilities," says Nishant Batra, Veoneer's Chief Technology Officer.
Order levels indicate that auto supplier Veoneer Inc (NYSE: VNE ) has gained share in the active safety market, and its 2019 backlog growth potential appears strong, according to Longbow Research. The ...
Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), has appointed Mr. Mats Backman as Chief Financial Officer. He joins from Autoliv where he has held a similar position since 2016. The plan is for Mats to join Veoneer after ensuring a smooth transition of his current responsibilities in Autoliv, at the latest in early July 2019. Mats will replace Mathias Hermansson who, as previously communicated, has decided to seek new opportunities outside the Company.
Swedish high-tech car safety products maker Veoneer has recruited former parent Autoliv's finance chief Mats Backman as its new Chief Financial Officer, it said in a statement on Tuesday. Backman replaces ...