StradVision, an AI-based vision processing technology company for Autonomous Vehicles and ADAS systems, announced today that it has established a North American Headquarters in Michigan, allowing them to better develop new market opportunities in the United States.
In making the announcement, StradVision CEO Junhwan Kim announced COO Sunny Lee is relocating to Michigan from South Korea, to lead the U.S. office, and has been appointed CEO of StradVision Technology USA, established in 2018 as the company’s hub for technology development. As the leader of operation and technology development in the U.S., Lee is responsible for the expansion of business, and significant strengthening of the business and engineering team to provide close collaboration and technical support to local customers.
“We are very pleased to establish our new North American Headquarters in Michigan, which is at the forefront of research and development in ADAS and the Autonomous Vehicle business. This is a major step for StradVision as we continue to explore partnerships with U.S.-based partners,” Kim said.
StradVision’s new office, located at 4544 Vineyards Blvd., Sterling Heights, will provide support and cooperation with North American-based OEMs, Tier-1 suppliers and semiconductor manufacturers.
— Press release courtesy of Toyota
An all-star lineup of drivers will campaign the twin Cadillac DPi-V.R race cars for Chip Ganassi Racing (CGR) in its second season of IMSA WeatherTech SportsCar Championship Daytona Prototype international (DPi) competition.
Renger van der Zande will co-drive the No. 01 V-Performance Academy Cadillac DPi-V.R with Sebastien Bourdais for the full season. They will be joined by six-time Indycar series champion Scott Dixon and 2021 Indycar champion Alex Palou for the season-opening Rolex 24 At Daytona to comprise a “Champions Cadillac” lineup.
Earl Bamber and Alex Lynn will be the full-time co-drivers of the No. 02 Cadillac Accessories Cadillac DPi-V.R and will be joined by Kevin Magnussen and Marcus Ericsson for the Rolex 24 At Daytona.
“Our Cadillac drivers lead by example,” Chip Ganassi Racing Managing Director Mike Hull said. “Each have already won on the world stage. They unselfishly mirror each other’s performance on and off track. Their equal experience combined with skill set is driven through zero agenda.
Thursday was a roller coaster of a day for Xfinity Series driver Brandon Brown and the Brandonbilt Motorsports team.
Unfortunately for them, they’re at the point of the ride where they’re barreling downhill and may be about to throw up. And it’s at least partially their own fault.
It all started Thursday morning when Brandon Brown tweeted: “I’m excited to welcome @LGBcoin_io aboard my No. 68 Chevrolet Camaro as our 2022 NASCAR Xfinity Series full-season primary partner!” and included a link to a press release announcing the news.
“LGBcoin is a new, decentralized meme cryptocurrency similar to other meme coins and tokens such as Dogecoin and Shiba Inu, that has achieved a market capitalization of more than $300 million in less than six months. The patriotic coin dubbed “America’s Coin” aims to inspire positivity and unity, grounded in a strong belief of the American dream,” the press release reads.
“We are proud to support Brandon this season, to help him continue his American dream,” says James Koutoulas, founder of Typhoon Capital Management, in the release. “If we do our job right, when you think of us, and you hear, ‘Let’s Go Brandon,’ you’ll think and feel, ‘Let’s Go America.’”
At first glance, this was great news. Every team wants a full-season primary sponsor, especially a small family team like Brandonbilt. But immediately, the NASCAR community started to raise red flags.
First, how could a meme coin afford to sponsor a race team for a full season? Is this a legit sponsor or just a “pump and dump” scam full of smoke and mirrors where a check will never clear, as we’ve seen in the past?
BMW recently announced the BMW Concept XM, a new vehicle concept that looks ahead to the most powerful BMW M car ever to go into series production, which is set to begin at the end of 2022. Electrification underpins a driving experience which allows the driver to both glide along in near silence and enjoy the engaging pleasure of high performance driving, M-style. The BMW Concept XM provides a preview of the new front end design for BMW’s forthcoming luxury-class models. It also introduces a highly progressive and distinctive take on BMW X model design, and an all-new form of luxury and sense of space for the interior.
The series-production model – the BMW XM – will begin production at the end of 2022 at BMW Group Plant Spartanburg in South Carolina. BMW M will be introducing its first standalone vehicle since the legendary BMW M1 in the year it celebrates its 50th anniversary. The BMW XM will be available only as a plug-in hybrid (PHEV) and exclusively as an M model.
The exterior styling of the BMW Concept XM reflects the vehicle’s exceptional performance attributes: power, agility, and precision, plus an all-electric range of up to 80 km (WLTP) and up to 30 miles (preliminary estimate, not an official EPA value). The newly developed M Hybrid drive system in the BMW Concept XM brings together a V8 engine and a high-performance electric motor to develop a maximum output of 740 hp and peak torque of 738 lb-ft. The first electrified vehicle from BMW M GmbH in the high-performance segment is emphatically pointing the way forward for the future of the brand.
“The BMW Concept XM represents a complete re-imagining of the high-performance vehicle segment,” says Franciscus van Meel, CEO of BMW M GmbH. “It underlines the ability of BMW M GmbH to break with established conventions and push boundaries in order to offer fans of the brand the ultimate driving experience. The series-production vehicle – the first pure BMW M model since the legendary BMW M1 – also shows how we are approaching the step-by-step electrification of our brand.”
“The design of the BMW Concept XM is an extravagant statement by BMW M in the heart of the luxury segment,” says Domagoj Dukec, Vice President BMW Design. “It has a resolutely standalone identity and embodies an expressive lifestyle like no other model in the BMW line-up.”

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