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STERLING HEIGHTS, MICHIGAN ― StradVision, an AI-based vision processing technology company for Autonomous Vehicles and ADAS, announced that it has obtained the ISO 26262 certification for automotive functional safety from TÜV Rheinland, a globally renowned third-party testing, inspection and certification company.

The ISO 26262 certification was established as a global standard by the International Organization for Standardization (ISO) in 2011 to minimize risks from electric or electronic system malfunction in vehicles. StradVision, which recently unveiled its new North American headquarters in Sterling Heights, has been recognized as a software supplier with a high level of functional safety, satisfying automotive customers' demands by meeting the requirements of ISO 26262 throughout the development and management process of its camera perception software SVNet.

“The automotive industry is transforming into a new business that provides new mobility, transportation, and various experiences in the car as a service, and software is the most powerful driver of this change,” StradVision CEO Junhwan Kim said. “The acquisition of ISO 26262 Functional Safety Management certification demonstrates StradVision's competence as a global leader in software, a key component of future mobility innovation.”

Currently, the automotive industry is focused on adopting various driver assistance features in vehicles to improve safety and convenience for drivers and pedestrians. As the performance of semiconductors and adoption of diverse sensors in vehicles continues to increase, the importance of safety standards for software, and their level of sophistication, has also risen.

“StradVision has successfully built its management system that delivers camera perception software meeting the functional safety requirements for automakers and automotive tier-1 suppliers,” said Frank Juettner, CEO of TÜV Rheinland Korea. "We are pleased to present ISO 26262 certification for the software that will contribute to enhancing functional safety in the automotive industry.”

StradVision, established in 2014 in South Korea, continues to accelerate the advancement of Autonomous Vehicles. SVNet, its AI-based vision perception software, achieves higher efficiency in memory usage and energy consumption and can be customized and optimized to any system on a chip (SoC).

The software that has been honored with the Gold Award at the 2021 AutoSens Awards for Best-in-Class Software for Perception Systems is currently used in mass production models of ADAS and autonomous driving vehicles that support safety function Levels 2 to 4, and will be deployed in more than 50 vehicle models from 13 OEMs worldwide.

StradVision Appoints Sunghyun Chang as Chief Financial Officer  

StradVision has also announced the appointment of Sunghyun Chang as Chief Financial Officer (CFO). In this position, Chang will lead StradVision’s financial team and is responsible for corporate financial actions and strategic growth initiatives, as well as investor relations.

StradVision expects to further strengthen its overseas business capabilities by recruiting Chang, who has accumulated experience in international financial management throughout his career.

“This year, we plan to expand our business in key markets where major automakers are located, including North America, and for this, we want to strengthen investment and recruitment in overseas subsidiaries,” StradVision CEO Junhwan Kim said. “We anticipate that the appointment of Sunghyun Chang, Chief Financial Officer, who has experience in financial management in various industries, will give us greater strength to achieve this strategic goal.”

Chang is a finance expert who started his career at KPMG, one of the four largest accounting firms in Korea. During his tenure at KPMG, Chang served as an overseas dispatcher in Europe for three years. Since then, he has worked for various companies and industries such as Anheuser-Busch InBev, the world's largest brewer; Gencurix, a molecular diagnostic solutions company, and B2Link, a K-beauty commerce company.

Chang holds a U.S. Charted Financial Analyst (CFA) certificate in addition to his Certified Public Accountant (CPA) qualification, and has been mainly in charge of financial management of multinational corporations, attracting foreign investment for startups, and managing investor relations.

Posted On Wednesday, 23 February 2022 13:30 Written by
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Some vehicles offer updated models every few years, others not so much. You can definitely put the Nissan Frontier in the second category.

Believe it or not, the last major redesign of the Frontier — Nissan’s mid-size pickup truck — came way back in 2005, an eternity in today’s automotive world.

Naturally, recent-year models were lacking compared to newer offerings from the competition, but finally in 2022 Nissan has decided to put that to an end.

The 2022 Nissan Frontier — which I recently was able to test — improves on the design of the vehicle, brings updates under the hood, and boosts the tech and safety offerings.

Read on to learn more about how the brand new Frontier compares to other leading trucks in this segment.

Additional Info

  • Vehicle 2022 Nissan Frontier
  • Price as tested $44,220 (starts around $29K)
  • Best feature Bold new design, improved technology, drives well in all conditions
  • Rating 4 out of five stars  
  • Who will want this vehicle? Truck buyers seeking a strong alternative to the usual mid-size options
Posted On Wednesday, 23 February 2022 09:20 Written by
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NASCAR’s bet on a spectacle in L.A. paid off

Many doubted NASCAR when this unprecedented event was announced. But between the amazing and historic venue that looked beautiful on TV (and no doubt in person, too), tremendous on-track action and musical entertainment from Pitbull and Ice Cube, and an impressive crowd, the Clash at the Coliseum is something that exceeded NASCAR’s wildest expectations.

Joey Logano put on a tough battle with Kyle Busch up front to take the inaugural win for the Next Gen car, and in the process NASCAR exposed itself to a California audience largely composed of people who don’t normally follow the sport. Here’s hoping they stick around and remain fans of the sport as we head into the Daytona 500 and beyond.

I can see the Clash coming back to the Coliseum next year, but we need to be careful to make these things special, and not try to do them multiple times a year. Make it a destination every February; and later, once it’s served its purpose, give another stadium a chance. 

One thing is certain. The Clash, which had become an almost forgotten and frankly boring event at Daytona, has been revitalized, and we’re not going to back to the old ways again. Kudos to Ben Kennedy, the future of the sport’s leadership, for pushing the sport in bold, new directions despite some howling from legacy fans.

Posted On Monday, 07 February 2022 01:25 Written by
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There’s been a ton of buzz about the Kia Carnival since it hit the market, with many — including myself — considering it the best minivan available, surpassing such heavyweights as the Honda Odyssey, Toyota Sienna and Chrysler Pacifica.

But what’s all the fuss about?

I’ll break it down with 5 key facts you need to know about this headline-stealing new vehicle, which is a major upgrade from the previous Sedona minivan offered by Kia.

Posted On Sunday, 06 February 2022 17:27 Written by
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WIth so many automakers making commitments to going fully electric in the years to come, one question is what will happen to hybrids once all the dust settles. WIll they still have a place in the automotive landscape?

I believe they will, though it will be a more limited role and only the best ones will survive and thrive. Not everyone will want to go electric in the short-term, so having quality hybrid options is a nice middle ground for this group.

On the luxury end of the world of sedans, one gem that is likely to continue shining is the Lexus ES 300h, a sedan that is a rare combination of roominess, strong fuel economy and an enjoyable ride. It has few true competitors as a midsize hybrid sedan, and is priced well in comparison to the few hybrids it does battle (Audi A6, Benz E-Class).

Changes for 2022 include the addition of the F Sport trim level to the hybrid ES, improved safety features, updates to the tech setup, and slight design changs.

I recently spent a week in the ES hybrid, an F Sport version to be exact, and I’m back with a full report.

Additional Info

  • Vehicle 2022 Lexus ES 300h F Sport
  • Price as tested Starts at $45,450
  • Best feature Roomy, high-class, strong fuel economy
  • Rating 4 out of five stars 
  • Who will want this vehicle? Luxury sedan buyers seeking a quality, high fuel mileage ride but not wanting to go fully electric 
Posted On Friday, 04 February 2022 21:59 Written by
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