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Kia HabaNiro Concept Heats Up Manhattan

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Today Kia Motors America (KMA) unveiled its vision of the future of electric vehicles and it’s hot.  And spicy. The HabaNiro concept is a fully-electric, all-wheel drive, four-seat wonder car with an All Electric Range (AER) of more than 300 miles, level-five autonomous mode, butterfly wing doors and more advanced tech than what helped land men on the moon. But this is no fanciful supercar that will likely never be built, but a prescient look into the future of mobility where automobiles will seamlessly integrate design, capability, usefulness and creativity.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8468854-kia-habaniro-electric-concept/

“We wanted this concept to be comfortable navigating city streets, carving turns on a coastal road and off-roading with confidence to remote wilderness adventures,” said Tom Kearns, vice president of design for Kia Design Center America (KDCA). “We imagined a car for everyone and nearly everything. Then, when we saw the finished product, we were blown away by the imagination of the HabaNiro’s creators and its laboratory of technology and we want it in our driveways. Today.” With its rugged 20-inch wheels, short overhangs and big haunches, the HabaNiro exudes coiled muscularity and capability, whether you’re on a grocery run, en route to a meeting or in search of a remote fishing hole.

“We couldn’t be more proud of our design center,” says Michael Cole, KMA chief operating officer and executive vice president. “The HabaNiro is a genius work of skill and imagination. Not only does its beautiful design incorporate the needs of future mobility, but its engineering and technology anticipate the way people will want to move in the near future.”

A Whole New Category of Vehicle

The HabaNiro is a compact crossover utility vehicle only in terms of existing industry category language. But the HabaNiro can’t be so easily defined. It’s essentially an all-electric Everything Car or ECEV – commuter, crossover, sport utility, state-of-the-art technology workroom and adventure vehicle.

An Exterior to Move You

The HabaNiro design is defined by the energetic interplay between the protective metallic grey cladding that encompasses the front wheels and extends onto the body sides and the bright “Lava Red” aero panel that defines the C-pillar and extends up and over the roof. These two elements create a vibrant energy and a forward-leaning posture that suggests the HabaNiro is ready to launch. This latent forward energy is reinforced by the single elegant character line that wraps around the front end, extends through the shoulder, and ends dynamically pointed at the rear wheels.

The HabaNiro grille resembles a shark’s snout, complete with a slit-like gap full of gloss black aluminum “teeth” similar to the cooling blades found on high-end electronic equipment. The EV chassis architecture allowed the wheels to be pushed to the corners, giving the HabaNiro its wide and confident stance.

Satin aluminum skid plates, milled billet aluminum tow hooks, anodized Lava Red aluminum accents, and the embossed HabaNiro name complement the upscale look while suggesting the vehicle’s adventure-ready attitude. Perhaps most importantly, the heartbeat pulse of the daytime running lights announces the HabaNiro’s animated energy – “I’m alive.”

An Interior to Transport You and an Array of High-Tech Features

The scissor-like opening of the HabaNiro’s four butterfly-wing doors hints at its future-forward interior design. The Lava Red interior suggests passion and vibrancy. Modern and airy, the interior is accented by the bouclé fabric-trimmed front seats that appear to float within the spacious cabin. Contributing to the interior’s clean and modern appearance is the absence of rectangular screens and traditional control knobs and buttons. Instead, the HabaNiro features a full-width front windshield Heads-Up Display (HUD) system controlled by a concave acrylic instrument panel that is a large interactive touchpad display with Sensory Light Feedback (SLF). Technical Option Sharing System (TOSS) allows users to swipe and move vehicle options across the HUD screen as though moving chess pieces.

HabaNiro’s occupants are kept comfortable by a slim Perimeter Ventilation System (PVS) that quietly and evenly blows a curtain of air throughout the cabin. A soft ambient glow shines through the bold geometrically-patterned floor, creating movement that reflects onto surfaces within the cabin. The Lighting Color Effect (LCE) can be dimmed or brightened, and the hue can be modified to impact the mood of the interior environment.

When HabaNiro’s part-time level-five autonomous driving system is engaged the steering wheel and instrument panel retract forward to provide more room for the front occupants. Media or other entertainment, such as a movie for a long highway haul, can be displayed on the full-width HUD video system.

HabaNiro features Kia’s new Real-time Emotion Adaptive Driving (R.E.A.D.) System introduced earlier this year at the Consumer Electronics Show. R.E.A.D. can optimize and personalize a vehicle cabin space by analyzing a driver’s emotional state in real-time through artificial intelligence-based bio-signal recognition technology. The technology monitors the driver’s emotional state and tailors the interior environment according to its assessment – potentially altering conditions relating to the human senses within the cabin and in turn creating a more pleasurable and safer driving experience.

R.E.A.D. also enables the HabaNiro’s Eye Tracking System (ETS) with 180° rearview video display. The system uses AI-based emotional intelligence to monitor when the driver looks up to the top of the windshield where conventional rear view mirrors are traditionally located. The AI immediately senses the driver’s need to see behind the vehicle and instantly activates the 180° rearview video display.

There are no immediate plans to utilize AI to sense when the driver is hungry and then direct to the nearest drive-through where an order will be waiting, but the technology may someday evolve to make just such a task possible. AI and automation shouldn’t take the joy out of driving, as some auto lovers fear, but should enhance it – anticipating needs so we can concentrate on the driving experience.

Into the Future

Some will assume the HabaNiro concept will never be built, but we don’t advise betting the farm on it. In the past 18 months, Kia has launched two vehicles, the Stinger and the Telluride, from concepts that fully captured the public’s imagination. The HabaNiro’s butterfly doors? Maybe not today, but the future is an exciting place and Kia is ready to lead the automotive industry into this spicy world of possibility.

The Details

  • Dimensions
    • Length: 4430 mm/ 171 inches
    • Height: 1600 mm/ 63 inches
    • Width: 1955 mm/ 77 inches
    • Wheelbase: 2830 mm/ 111.5 inches
  • Powertrain and battery
    • e-AWD supplied by two electric motors, fore and aft
    • 300+ mile All Electric Range (AER)
    • Advanced state of the art battery technology
  • Exterior Features
    • Snowdrift Pearl White tri-coat exterior paint
    • Satin Metallic Granite Grey cladding
    • Anodized “Lava Red” aero panel
    • 265/50R20 tires
  • Interior Features
    • Heads-Up Display Features:
      • Navigation system with augmented reality graphic directions
      • 180° rearview video display in place of physical mirrors
      • Full windshield entertainment video system with surround sound
      • 3D speed readout display
      • Full width acrylic touch panel with Sensory Light Feedback (SLF) with Technical Option Sharing System (TOSS) feature provides interaction with HUD
    • AI-based R.E.A.D. technology
    • Eye Tracking System (ETS) enables 180° rearview video display

 

SOURCE Kia Motors America


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Cannabis

Cannabis Concentrate Market to Cross US$2.4 Billion by 2030 amid Rising Medical and Recreational Demand

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IMC to transfer its Oranim Pharmacy shares back to the seller

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imc-to-transfer-its-oranim-pharmacy-shares-back-to-the-seller

TORONTO and GLIL YAM, Israel, April 16, 2024 /PRNewswire/ — IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the “Company” or “IMC“), a leading medical cannabis company with operations in Israel and Germany, is announcing that, further to the news release dated January 12, 2024, the Company has decided not to make remaining installment payments installments (i.e. NIS 5,873K including interest or 2,154K CAD) by IMC Holdings Ltd., and as such will transfer the 51% shares held by IMC Holdings Ltd back to the  seller.

“With the April 1st cannabis legalization in Germany, we are focusing our resources on the German market, where we expect to see the biggest growth potential,” said Oren Shuster, CEO of IMC. “With both of our core markets, Germany and Israel, currently undergoing rapid evolution, we need to assure that we allocate our resources to the growth opportunities where we expect the best return on investment.”

About IM Cannabis Corp.

IMC (Nasdaq: IMCC) (CSE: IMCC) is an international cannabis company that provides premium cannabis products to medical patients in Israel and Germany, two of the largest medical cannabis markets. The Company has recently exited operations in Canada to pivot its focus and resources to achieve sustainable and profitable growth in its highest value markets, Israel and Germany. The Company leverages a transnational ecosystem powered by a unique data-driven approach and a globally sourced product supply chain. With an unwavering commitment to responsible growth and compliance with the strictest regulatory environments, the Company strives to amplify its commercial and brand power to become a global high-quality cannabis player.

The IMC ecosystem operates in Israel through its commercial relationship with Focus Medical Herbs Ltd., which imports and distributes cannabis to medical patients, leveraging years of proprietary data and patient insights. The Company also operates medical cannabis retail pharmacies, online platforms, distribution centers, and logistical hubs in Israel that enable the safe delivery and quality control of IMC’s products throughout the entire value chain. In Germany, the IMC ecosystem operates through Adjupharm GmbH, where it distributes cannabis to pharmacies for medical cannabis patients. Until recently, the Company also actively operated in Canada through Trichome Financial Corp and its wholly owned subsidiaries, where it cultivated, processed, packaged, and sold premium and ultra-premium cannabis at its own facilities under the WAGNERS and Highland Grow brands for the adult-use market in Canada. The Company has exited operations in Canada and considers these operations discontinued.

Disclaimer for Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements under applicable Canadian and U.S. securities laws (collectively, “forward-looking statements”). All information that addresses activities or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made. In the press release, such forward-looking statements include, but are not limited to,  the occurrence of growth opportunities and the likelihood of growth potential.

Forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to: the development and introduction of new products; continuing demand for medical and adult-use recreational cannabis in the markets in which the Company operates; the Company’s ability to reach patients through both e-commerce and brick and mortar retail operations; the Company’s ability to maintain and renew or obtain required licenses; the effectiveness of its products for medical cannabis patients and recreational consumers; and the Company’s ability to market its brands and services successfully to its anticipated customers and medical cannabis patients.

The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated or implied by such forward looking statements due to a number of factors and risks. These include: any failure of the Company to maintain “de facto” control over Focus Medical in accordance with IFRS 10; the failure of the Company to comply with applicable regulatory requirements in a highly regulated industry; unexpected changes in governmental policies and regulations in the jurisdictions in which the Company operates; the effect of the reform on the Company; the Company’s ability to continue to meet the listing requirements of the Canadian Securities Exchange and the NASDAQ Capital Market; any unexpected failure to maintain in good standing or renew its licenses; the ability of the Company and Focus Medical (collectively, the “Group”) to deliver on their sales commitments or growth objectives; the reliance of the Group on third-party supply agreements to provide sufficient quantities of medical cannabis to fulfil the Group’s obligations; the Group’s possible exposure to liability, the perceived level of risk related thereto, and the anticipated results of any litigation or other similar disputes or legal proceedings involving the Group; the impact of increasing competition; any lack of merger and acquisition opportunities; adverse market conditions; the inherent uncertainty of production quantities, qualities and cost estimates and the potential for unexpected costs and expenses; risks of product liability and other safety-related liability from the usage of the Group’s cannabis products; supply chain constraints; reliance on key personnel; the risk of defaulting on existing debt and war, conflict and civil unrest in Eastern Europe and the Middle East

Any forward-looking statement included in this press release is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made.

The Company does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Company Contacts:

Anna Taranko, Director Investor & Public Relations
IM Cannabis Corp.
+49 157 80554338
[email protected]

Oren Shuster, Chief Executive Officer
IM Cannabis Corp.
[email protected]

Logo – https://mma.prnewswire.com/media/1742228/IM_Cannabis_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/imc-to-transfer-its-oranim-pharmacy-shares-back-to-the-seller-302117984.html

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Cannabis

Right on Brands Announces Major Product Line Expansion via HONEY® Brands

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