Latest Automotive Technology News

Connexion Mobility has secured an exclusive supplier agreement with Hyundai Motor America to design, develop and manage a connected car-powered dealer lot platform across the United States. The strategic win adds a major OEM relationship, but its financial value and dealer uptake remain undisclosed.

Advanced Braking Technology Ltd (ASX: ABV) reported a robust 24% increase in product sales revenue for Q2 FY25, driven by international expansion and the launch of its innovative BrakeiQ system. The company’s underlying profit also grew by 25%, underscoring operational efficiencies and a strong global pipeline.