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Volatus Aerospace Expands Product Distribution to US Market with Acquisition of Empire Drone Company LLC.

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“Volatus” or “the Company”) announced today that it has signed an arm’s length definitive agreement to acquire Syracuse-based Empire Drone Company LLC., one of North America’s fastest-growing distributors and integrators for unmanned aerial systems. With Fortune Business Insights projecting the commercial drone market to grow to $47.38 billion by 2029 at a CAGR of 28.58%, the addition of Empire Drone in the USA positions Volatus to capitalize on this opportunity by adding to its growing global presence in key markets for green drone technologies, which includes Volatus Aerospace LATAM in South America, Omniview Tech in Canada, and iRed Remote Sensing in the UK. “Volatus is already a major distributor and developer of civil and defence drone solutions in Canada,” said Glen Lynch, CEO of Volatus Aerospace. “The addition of Empire Drone solidifies our footprint in America and positions us for improved margins and accelerated growth in America with a US depot and US-based support.” “Joining Volatus provides Empire with the resources needed to accelerate our growth,” said Sean Falconer, CEO and founder of Empire. “We’ll become a more important partner for our existing OEM suppliers and increase our offering with Volatus technologies such as the Aerieport remote nesting station, Hydra Crawler, and other Volatus defence and public safety products. It’s long been my goal to be a dominant player in the United States and this deal will give me the resources needed to get there.” Empire Drone is expected to generate revenue of C$2.5M in 2022 with a 6% EBITDA margin. Under the terms of the agreement, Volatus will purchase 100% of the company for a cash consideration of US$300,000, equity of US$350,000 with a minimum floor price of $0.65, and earn out of US$350,000 paid in equity after one year anniversary based on the 30-day volume weighted average price (VWAP) with a minimum floor price of $0.65 per share and assume the long-term debt of US$225,000. This announcement marks another step in a series of interrelated commercial milestones intended to drive and scale the commercialization of drone technologies including: Announcement of Volatus Aerospace LATAM, a joint venture with EOLO Drones S.A.C. ("EOLO") to expand Volatus' commercial operations in Latin America. Introduction of a full-service financing program for enterprise and industrial drone equipment to help drone service providers, public safety agencies and industrial clients leverage the rapid evolution of related technologies by offering rental, usage contracts, and customized funding arrangements for the sale of its Drone Solutions targeted at transactions valued from $25,000 to over $2,000,000. Acquisition of iRed Remote Sensing based in Emsworth, England to provide a foundation for continued growth in the UK. The acquisition of Empire Drone is scheduled to close on December 31st conditional on satisfactory completion of due diligence, approval of the respective Board of Directors, and regulatory approval by the Toronto Stock Exchange. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (if) the business plans and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; the completion of the Offering; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release.” Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 514-447-7986 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

November 28, 2022 06:30 AM Eastern Standard Time

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VinFast exports the first batch of electric vehicles

Vingroup

HAI PHONG, VIETNAM - Media OutReach - 25 November 2022 - VinFast held a ceremony to mark its first batch of exports of smart electric vehicles including 999 VF 8s to international markets. This event is a remarkable milestone in the history of Vietnam’s automotive industry as Vietnamese-branded electric cars have officially entered the global market. The first batch of 999 VF 8s has been exported to the United States. This batch was transported by the Silver Queen – a Panamanian charter ship – and is expected to arrive in a California port (USA) about 20 days after deporting from MPC Port in Hai Phong, Vietnam. The first VinFast customers in the US can expect their cars by the end of December 2022. This international export is the first batch of the 65,000 global orders already made for VinFast’s VF 8 and VF 9. Following this first batch of cars for the American market, VinFast will continue to export more VF 8 lots to Canada and Europe for customer deliveries in early 2023. The first VF 9 models will be handed over to customers in Vietnam and international markets in the first quarter of 2023. At the ceremony, Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, said:“The export of the first 999 VF 8s is a significant event for VinFast and Vingroup and a proud historical milestone for the Vietnamese automotive industry. It affirms that Vietnam has successfully produced high-quality standards electric vehicles that are ready to compete in the international market. We hope that, when VinFast’s smart electric vehicles roll out on the streets around the world, it will help promote the image of a new, dynamic and progressive Vietnam to the global audience.” With a luxurious design, integrated advanced smart technologies, attainable pricing, and best-in-class after-sales policies, the VF 8 and VF 9 are VinFast’s premium electric SUV models in the D and E segments. In addition to individual customers, VinFast has also received exceptional attention from fleet companies. At the Los Angeles Auto Show 2022, from November 17 to 28, 2022, VinFast announced a new order signed with Autonomy, the largest car subscription service firm in the US. In addition to the VF 8 and VF 9, VinFast’s smart electric vehicle lineup comprises the VF 5, VF 6, and VF 7 in the A, B, and C segments, respectively. VinFast is expected to initiate reservations of the VF 5, VF 6, and VF 7 soon to meet the diverse needs of global customers. Exporting the first batch of Vietnamese-made VF 8 units has opened a new era for the country's automotive industry. In addition to affirming Vietnam’s capability, the major export actualizes the country’s passion for mastering automotive production held by many generations and contributes to raising the country's position on the global stage. About VF 8 The VinFast VF 8 is a 5-seater electric SUV in the D segment with overall length, width, and height dimensions of 4,750 mm x 1,934 mm x 1,667 mm, respectively. Vehicles are equipped with advanced driver assistance system (ADAS), including a series of advanced features that will be added and updated regularly, such as highway assist, automated lane changing assist, smart parking assist, smart summon mode, remote parking assist, and many more. In addition, a suite of Smart Services with integrated in-car entertainment and utility features such as vehicle voice control, remote vehicle management via the VinFast application, online shopping, playing video games on the car screen that sync passenger phones, and much more to bring an immersive experience to users. The VF 8 has two trims, Eco and Plus. The VF 8 Eco version is equipped with an electric motor with a maximum power of 260kW, a maximum torque of 500Nm, and a battery with a target full-charge range estimate of 420km (WLTP standard). The VF 8 Plus version is equipped with an electric motor with a maximum power of 300kW, a maximum torque of 620Nm, and a battery with a target full-charge range estimate of 400km (WLTP standard). The absolute advantage of an electric motor over an internal combustion engine is its ability to instantly achieve maximum torque, which helps the VinFast VF 8 accelerate impressively, operate smoothly, and bring a completely different driving experience. About VinFast VinFast - a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam. Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com. About Vingroup Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion USD from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology and Industry, Services and Social Enterprise. Find out more at: https://www.vingroup.net/en. Contact Details Media Contact v.phuongmt8@vingroup.net Company Website https://vinfastauto.com

November 25, 2022 08:30 AM Eastern Standard Time

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Retention Cloud Leader CleverTap Launches CleverTap for Startups

CleverTap

CleverTap, the modern, integrated retention cloud today announced the launch of CleverTap for Startups (C4S). Through this initiative, CleverTap will offer a full stack retention platform to all budding digital-native brands, in order to help them personalize and optimize all customer touchpoints, improving user engagement and conversion. Till date, thousands of large digital-native brands have benefited from CleverTap’s platform which has solved their needs at scale, speed, and security. The aim now is to make solutions even more affordable for pre-launch, early-stage startups, or companies with limited monthly active users. New and early-stage businesses have very different needs from larger, well-established brands. They require more flexibility, affordability, and a partner that provides seamless support fuelling their growth plans. CleverTap has currently partnered with more than 50 venture capital firms, incubators, and business accelerators including Sequoia Surge, Techstars, Y-combinator, AWS Activate, Accel and others to provide exclusive discounts and resources to early-stage startups through this initiative. The C4S initiative was undertaken a year back and the offerings have now been fine tuned following feedback from 1000+ startups and is now ready to launch. Through this initiative, CleverTap aspires to be a growth partner for more than 100,000 new businesses by the end of 2025. Through this initiative, early stage startups can opt for a flexible plan with no minimum scale requirement, and can make use of the platform with as low as 5000 monthly active users. The platform is designed realizing the requirement of SMBs/startups. Additionally, customers will have the option to customize the platform with add-ons and will have the ability to only pay for the services they use. Speaking about the initiative Anand Jain, Co-Founder & Chief Product Officer, CleverTap said, “Every small business needs an ecosystem of stakeholders that are supportive and will help them get on their growth journeys. Be it small or big, startups can use all the help they can get. In our effort to bolster new businesses globally we are excited to launch CleverTap for Startups. Customer retention for consumer brands is one of the key components to building a successful business. By offering our solutions to startups at a lower cost with flexible options, we want to create an atmosphere where we can support new businesses from their 0 to 1 and then 1 to 100 journeys.” About CleverTap CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product. The platform is powered by TesseractDB™ - the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.CleverTap is trusted by 1500 customers, including Gojek, ShopX, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco. Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction. Contact Details CleverTap Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

November 25, 2022 08:22 AM Eastern Standard Time

Foresight Announces Third Quarter 2022 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), today reported financial results for the third quarter of 2022. Foresight ended the first nine months of 2022 with revenues of $451,000 and with $30.3 million in cash, cash equivalents, restricted cash and short-term deposits. The Company reported a U.S. Generally Accepted Accounting Principles (“GAAP”) net loss of $5.7 million and a non-GAAP net loss of $5.3 million for the third quarter of 2022, compared to a GAAP net loss of $3.8 million and a non-GAAP net loss of $3.4 million for the third quarter of 2021, reflecting an increase of 50% and 56%, respectively. Third Quarter and Recent Corporate Highlights: Foresight Signs Commercial Agreement With SUNWAY-AI for up to $51M: The agreement with SUNWAY-AI Technology Co., Ltd. (“SUNWAY”), a global Chinese manufacturer of components for autonomous and unmanned intelligent vehicles, is a joint program for the development and supply of obstacle detection systems and cloud gateway for driverless airport vehicles, as well as for advanced driver assistance systems (ADAS) for airport ground support vehicles using Foresight’s QuadSight® technology. Eye-Net Signs Commercial Agreement with MaaS and Payment Application Pango: In September 2022, Eye-Net Mobile Ltd. ("Eye-Net") signed a five-year commercial cooperation agreement with Pango Pay & Go Ltd. (“Pango”), a developer of the leading mobility-as-a-service (MaaS) parking, vehicle, road services and payment application to potentially protect the lives of three million road users in Israel. Pango will also serve as Eye-Net’s distributor in Israel. Foresight Collaborates with Leading American EV Manufacturer to Enhance Existing ADAS Systems: In September 2022, Foresight signed a paid joint proof of concept (POC) project with a leading American manufacturer of electric vehicles (EVs). The POC project will consist of the technological evaluation and testing of predefined scenarios, through which Foresight intends to demonstrate its ability to create 3D stereo perception with software only. Foresight Enters MOU with Research Institute in Shandong Province, China: In July 2022, Foresight signed a memorandum of understanding (MOU) with Shandong Industry Research Information and Artificial Intelligence Integration Research Institute Co., Ltd (“Shandong Research Institute”), a professional research institute wholly owned by Shandong Industrial Technology Research Institute, and Beidou Jingzong Technology, a company mainly engaged in the research of high-precision seamless positioning, real-time accurate regeneration of scene targets, and control of scene target position. According to the MOU, the parties will develop an obstacle detection system and all-weather, high-precision positioning for unmanned vehicles based on multi-sensor fusion. “We believe that the global market continues to validate the strength and innovation of Foresight’s technology offering,” stated Haim Siboni, Foresight’s chief executive officer. “We recently announced the signing of a commercial agreement with SUNWAY in China, which may yield up to $51 million in revenue over a four-year period. This is the most significant accomplishment to date following a consistent pattern of key business developments.” “Building off of our strategy of establishing joint agreements with leading Tier One manufacturers in multiple global regions, we announced a joint POC project during the third quarter of 2022 with a leading American manufacturer of electric vehicles. We also expanded our presence in the Chinese market through the signing of an MOU with a research institute in Shandong Province. Together with Shandong Research Institute, Foresight will develop an obstacle detection and high-precision positioning system for unmanned vehicles. Following these developments, Foresight will be in a strong position to grow and expand its efforts in some of the world’s most important manufacturing markets.” “The third quarter of 2022 also saw an important breakthrough for Foresight’s wholly owned subsidiary, Eye-Net. In September 2022, Eye-Net announced the signing of a five-year commercial cooperation agreement with Pango, the developer of Israel’s leading mobility-as-a-service (MaaS) parking, vehicle, road services and payment application. This agreement will see the two companies integrate Eye-Net Protect products into Pango’s app as a software development kit, potentially protecting Pango’s 3 million users by alerting both drivers and other road users about potential oncoming collisions. This cooperation could potentially protect the lives of millions of road users, changing the paradigm of road safety in Israel and demonstrating the potential value of this solution for other regions throughout the world.” Third Quarter 2022 Financial Results Revenues for the three months ended September 30, 2022, amounted to $203,000, compared to $40,000 for the three months ended September 30, 2021. The revenues were generated primarily from a successful completion of the second milestone of the POC project with a leading Tier One supplier in the amount of $65,000, and from the successful completion of the second milestone of a POC project with a leading Tier One supplier in the amount of $120,000. Research and development (R&D) expenses, net for the three months ended September 30, 2022, were $3,001,000, compared to $2,428,000 for the three months ended September 30, 2021. The increase is mainly attributed to an increase in payroll and related expenses in the amount of $377,000. R&D expenses in the third quarter of 2022 were offset by the participation from the European Horizon 2020 program in the amount of $75,000. Sales and marketing (S&M) expenses for the three months ended September 30, 2022 were $530,000, compared to $333,000 for the three months ended September 30, 2021. The increase is mainly attributed to an increase in payroll and related expenses in the amount of $130,000 and an increase in exhibitions, conventions, and travel expenses in the amount of $27,000. General and administrative (G&A) expenses for the three months ended September 30, 2022, were $877,000, compared to $975,000 for the three months ended September 30, 2021. The decrease is mainly attributed to a decrease in stock-based compensation awarded to employees, directors, and consultants in the amount of $77,000. Finance expenses, net for the three months ended September 30, 2022, were $1,420,000, compared to finance expenses, net of $54,000 for the three months ended September 30, 2021. Finance expenses, net for the three months ended September 30, 2022, consisted of the revaluation of the Company’s investment in Rail Vision Ltd. to its fair value in the amount of $686,000 and by exchange rate differences in the amount of $956,000, offset by interest income and other income in the amount of $222,000. GAAP net loss for the three months ended September 30, 2022, was $5,716,000, or $0.02 per ordinary share, compared to a GAAP net loss of $3,785,000, or $0.01 per ordinary share, for the three months ended September 30, 2021. Non-GAAP net loss for the three months ended September 30, 2022, was $5,283,000, or $0.02 per ordinary share, compared to a non-GAAP net loss of $3,406,000, or $0.01 per ordinary share, in the same quarter last year. A reconciliation between GAAP net loss and non-GAAP net loss is provided in the financial statements that are part of this release. Balance Sheet Highlights Cash, restricted cash, and short-term deposits totaled $30.3 million as of September 30, 2022, compared to $45.7 million as of December 31, 2021. GAAP shareholders’ equity totaled $32.2 million as of September 30, 2022, compared to $48.6 million as of December 31, 2021. The decrease is mainly attributed to the net loss for the period. The Company maintains an at-the-market facility pursuant to the sales agreement it executed in January 22, 2021. The Company has not utilized any sales under such facility since the second quarter of 2021. Use of Non-GAAP Financial Results In addition to disclosing financial results calculated in accordance with (GAAP), the Company's earnings release contains non-GAAP financial measures of net loss for the period that exclude the effect of stock-based compensation expenses. The Company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the Company's ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the Company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensor systems for the automotive industry. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses its collaborations with strategic partners, the potential revenue to be derived from its strategic partnerships, that it is in a strong position to grow and expand its efforts in some of the world’s most important manufacturing markets, its strategy of establishing joint agreements with leading manufacturers, the development of its products and solutions, its ability to grow and expand its efforts in different manufacturing markets, the integration of its solutions into the Pango app and the potential benefits to be derived from such integration, the potential of its products to protect the lives of road users, its ability to create, the ability of our solutions to improve driving safety by enabling highly accurate and reliable threat detection. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Investor Relations Contact: Miri Segal-Scharia CEO MS-IR LLC msegal@ms-ir.com 917-607-8654 FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD.1 SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS U.S. dollars in thousands About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

November 25, 2022 08:00 AM Eastern Standard Time

Foresight Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirements

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today that it has it received a notification letter from Nasdaq Stock Market LLC that the Company has been granted an additional 180-day compliance period, or until May 22, 2023, to regain compliance with Nasdaq's minimum bid price rule. Nasdaq's determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market, with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period and if necessary, by effecting a reverse stock split (or change to its American Depositary Shares (“ADSs”) ratio, as applicable). In a notification letter dated May 23, 2022, Nasdaq had informed the Company that, based on the previous 30 consecutive business days, the Company's ADSs no longer met the minimum $1 bid price per share requirement. Therefore, in accordance with Nasdaq's Listing Rules, the Company was provided 180 calendar days, or until November 21, 2022, to regain compliance. If at any time before May 22, 2023, the closing bid price of the Company's ADSs is at least $1.00 per ADS for a minimum of 10 consecutive business days, the Company will regain compliance with this Nasdaq rule and this matter will be closed. This current notification from Nasdaq has no immediate effect on the listing or trading of the Company's ADSs, which will continue to trade on the Nasdaq Capital Market under the symbol "FRSX". The Company intends to monitor the closing bid price of its ADSs between now and May 22, 2023, and intends to consider available options to cure the deficiency and regain compliance with the minimum bid price requirement within the second compliance period. The Company’s ADSs will continue to be listed and trade on the Nasdaq Capital Market during this period, unaffected by the receipt of the written notice from Nasdaq. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses regaining compliance with Nasdaq’s continued listing requirements, and the timing and effect thereof as well as potentially effecting a reverse stock split or change of ADS ratio. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

November 22, 2022 11:10 AM Eastern Standard Time

Lithium Giant Says Global Lithium Demand Will Increase by 40% This Year

MarketJar

The lithium market has been on a serious bull run for the last year, and the world's second-largest lithium producer sees that momentum continuing into 2023. Sociedad Química y Minera (SQM) predicts that battery material prices will remain high into next year, which could alleviate concerns that China's two-year buying spree will come to an end. After more than quadrupling sales in Q3 2022 amid increasing lithium prices, SQM expects ongoing optimism in the lithium space and sees global lithium demand rising by at least 40% this year. Rising lithium prices are clearly working in favor of SQM, with the company posting a ten-fold increase in Q3 net profit. SQM reported a $1.1 billion net profit for the three months ending September. Quarterly revenue increased more than fourfold year on year to $2.95 billion, with lithium revenues increasing more than twelvefold. According to CEO Ricardo Ramos Rodriguez, the Chinese electric vehicle (EV) market is rapidly expanding, which is driving up demand for lithium, a key ingredient in EV batteries. Since 2020, the price of lithium has increased by more than 1,200%, and it has more than tripled in the last year. Tight supplies for EV manufacturers, one of China's few bright spots in the country's struggling economy, have caused the extraordinary rise, but there may now be cracks in near-term consumption. Even though the EV market and its supply chain are on track for long-term growth, China's rate of growth is slowing. Subsidies for electric vehicles (EVs) that have helped them grow quickly over the last ten years are set to end next month, even though there has been talk that they might be extended. At the same time, lithium demand is higher than ever. And although global lithium production is expected to increase by 21% in 2021, global lithium consumption is expected to increase by 33%. This gap will only widen as the West moves away from China's lithium supplies, which is prompting calls for at least $42 billion in lithium investment over the next six years to meet 2030's forecasted demand of 2.4 million tonnes per year. Among the regions with the potential to fill the gap is Canada (particularly Québec and Ontario). The nation is already positioning itself to be a major player in the global lithium stage, with large hard rock spodumene deposits and brine-based lithium resources in place. Interest in the region is good news for mining companies with projects in Canada, like FE Battery Metals (CSE:FE) (OTCQB:FEMFD), a junior lithium exploration company that has prime land with great infrastructure in a mining-friendly jurisdiction of Quebec. Since early 2021, FE Battery Metals has acquired a significant number of mining claims surrounding Val d'Or, Québec. This land includes several old discoveries as well as new lithium prospects found during current exploration. The Company’s flagship property, the Augustus lithium property covers a large area of spodumene Lithium bearing pegmatites in one of the world’s best mining jurisdictions, Quebec. The property is comprised of a non-contiguous claim block consisting of over 700 mining claims covering a total area of over 27,000 hectares. The Augustus Lithium Property sits right next door to the North American Lithium Mine, a mine that is slated for production in Q1 2023. Since acquiring the property, FE Battery Metals has continued to produce promising results from Phase 1 and Phase 2 drill programs at its Augustus lithium project and plans to continue its exploration efforts in the future. First Energy Metals Drills 1.49% Lithium Oxide Across 4.5 Meters at Augustus Lithium Property FE Battery Metals just announced the results of drill hole LC22-40 from the Phase 2 exploratory drilling program at its Augustus Lithium property in Quebec. Drill hole LC21-40 encountered a lithium pegmatite at a depth of 189.6 meters (m). The main 4.5-meter-wide pegmatite zone contained 1.49% lithium oxide on average (Li2O). Two weeks earlier, FE Battery Metals announced the results of drill hole LC22-39 at Augustus. At a depth of 188.7m, drill hole LC21-39 hit three lithium pegmatites. The main pegmatite zone was 7.3m wide and had an average lithium oxide content of 1.54%. (Li2O). The drill program is based on data from the past and Phase 1 exploration, as well as results from FE Battery Metals ’ surface trenching and sampling. The drill is run by Forage Hebert Inc. Drilling, which is based in Amos, Quebec. For this job, a B-20 drill rig is being used, which can dig holes up to 1,000m deep. They are building a core shack in the village of St-Dominique du Rosaire, which is about 50 kilometers from the Property. It will be used to log drill cores, prepare samples, and store them. So far, more than 7,500m of core drilling has been done in 42 holes on the Property. At the core shack, the drill core is logged and samples are taken with a rock saw. For quality control and quality assurance (QA/QC), field duplicates, standards, and blanks are added at set times. Learn more about FE Battery Metals (CSE:FE) (OTCQB:FEMFD) by clicking on this link or by visiting their website. Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, FE Battery Metals Corp. Market Jar Media Inc. has or expects to receive from FE Battery Metals Corp’s Digital Marketing Agency of Record (Native Ads Inc.) one hundred fifty six thousand five hundred and sixty CAD for 30 days (21 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding FE Battery Metals Corp.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to FE Battery Metals Corp.’s industry; (b) market opportunity; (c) FE Battery Metals Corp.’s business plans and strategies; (d) services that FE Battery Metals Corp. intends to offer; (e) FE Battery Metals Corp.’s milestone projections and targets; (f) FE Battery Metals Corp.’s expectations regarding receipt of approval for regulatory applications; (g) FE Battery Metals Corp.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) FE Battery Metals Corp.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute FE Battery Metals Corp.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) FE Battery Metals Corp.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) FE Battery Metals Corp.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) FE Battery Metals Corp.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of FE Battery Metals Corp. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) FE Battery Metals Corp.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact FE Battery Metals Corp.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing FE Battery Metals Corp.’s business operations (e) FE Battery Metals Corp. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, FE Battery Metals Corp. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does FE Battery Metals Corp. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither FE Battery Metals Corp. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of FE Battery Metals Corp. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of FE Battery Metals Corp. or such entities and are not necessarily indicative of future performance of FE Battery Metals Corp. or such entities. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 22, 2022 06:30 AM Pacific Standard Time

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Foresight: Eye-Net Successfully Showcases its Advanced Solution to Leading OEMs and Tier One Suppliers in Japan

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), successfully completed a technological roadshow of the Eye-Net Protect™ solution in Japan. Earlier this month, Eye-Net demonstrated the technology for 20 automotive-related companies, including five leading Japanese vehicle manufacturers (OEMs), Tier One and Tier Two suppliers, as well as 11 dashboard cameras (dashcam) companies. Eye-Net’s successful demonstrations generated significant interest among several world-leading OEMs and manufacturers of complementary equipment to the automotive industry (including infotainment systems and dashcams) who expressed interest in pursuing further technological evaluation. Eye-Net’s technological demonstrations to potential customers serve to showcase the Company’s latest developments and the potential of its Eye-Net Protect family of products to enhance road safety and tackle “beyond-line-of-sight” scenarios which are not covered by any existing advanced driver assistant systems (ADAS). Eye-Net Mobile is an innovative technology company providing solutions to enhance road safety and situational awareness for all road users. Eye-Net protects road users from potential collisions by delivering accurate, real-time collision alerts. Eye-Net’s unique cellular-based vehicle-to-everything (V2X) collision prediction and prevention software platform incorporates AI-powered algorithms that enhance road safety by providing alerts directly to smartphones, infotainment systems, head up displays (HUD), and dashcams. For more information about Eye-Net Mobile, please visit www.eyenet-mobile.com, or follow the Company’s LinkedIn page, Eye-Net Mobile; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the pursuit of further technological evaluation with OEMs and manufacturers of complementary equipment to the automotive industry, the potential of its Eye-Net Protect family of products to enhance road safety and tackle “beyond-line of sight” scenarios which are not covered by any existing ADAS, the development of its products and solutions, and the ability of its solutions to be applied to different markets. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

November 22, 2022 08:10 AM Eastern Standard Time

News Release

Why You Should Get a Digital Vehicle Inspection From Your Auto Repair Shop

AutoTech IQ

A digital vehicle inspection (DVI) is the perfect upgrade to an old process. DVIs hold shops accountable to the motorist through transparency and identify trends in wear and tear. Though not offered by all auto repair shops, DVIs can give you a true bill of health for your vehicle without you having to foot the bill for unnecessary repairs. What Is a Digital Vehicle Inspection and How Does It Work? A DVI is typically done with a tablet that performs a 35-70 point check. This multipoint check includes media and plainly worded information about your car's health. After all of this is recorded, the information is stored digitally and delivered to you and the auto repair shop’s database. DVIs allow technicians to get granular with highly detailed information. During the inspection, each section is broken into a color coding system of green, yellow and red. Green — Good to go Yellow — Needs repair or maintenance soon Red — Needs action now Advantages of Digital Vehicle Inspections A DVI is a superior option to its paper counterpart in many ways. Here are five of those advantages. You See What the Tech Sees One of the strongest cases for getting a DVI is transparency because you see what techs see. DVIs allow you to have an intangible living document that you can store and share without the risk of it getting lost. Where service advisors once had to explain a problem that a motorist may not understand, DVIs allow you to be educated while saving you time and possibly money. In the past, you would have to set aside time to talk to your service advisor and make choices based on a verbal assessment, but a DVI with photo, video and audio aspects will help you make educated choices. Another perk of a DVI is that you can engage with your service provider on your time by leaving comments and questions within the document itself. When you can understand a detailed assessment of your inspection results in an organized format, you can take the guesswork out of what you need to have done. Less Paperwork Less paperwork means less loss. The footprint that a DVI creates is physically minute but won’t be easily lost. Finding your inspection can be as easy as searching for the email. The other benefit of going paperless and getting a DVI is that there is rarely actionable information on traditional inspections. The lack of clarity on a regular inspection sheet isn’t easily read or presented in simple terms like a DVI is. Audio/Visual Insights With the augmented use of media, technicians can easily go through the DVI process and capture the problems at their source. By finding and explaining what problems are happening, you’ll end up spending less time getting clarification and less money because you won’t end up paying for things you don’t need. Ease of Inspections Because DVIs allow a technician to quickly walk through each step, monotonous tasks are removed. Things a tech would have previously had to write out are replaced by typed notes, photos, videos and sometimes audio. Quicker Repairs With all of the benefits combined, a DVI means quicker repairs at the right time for the right things. With this top-down look at your vehicle's health, you'll know your vehicle's problem areas before they become a bigger problem. Get a Bill of Health for Your Vehicle Just like a doctor's visit, the first action is always checking the vital signs, independent of what the actual concern is. The DVI accomplishes exactly that for your vehicle. Creating a bill of health using simple-to-understand terms and augmented with images and videos gives you a complete overview and allows for budgeting and deferred maintenance without risking the vehicle's health being compromised. For that reason, DVIs are often called Digital Vehicle Health Inspections or Digital Auto Checkups. It’s Time to Go Digital Even if you want a hard copy, going paperless with a DVI is harmless — the results can always be printed. Just like a person goes to the doctor for a yearly physical, a DVI will give you the best picture of the health of your vehicle. AutoTechIQ empowers car owners to be confident about the money spent on their vehicles at certified shops. Contact Details AutoTech IQ AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

November 21, 2022 01:53 PM Eastern Standard Time

News Release

Recently, my car started sounding strange and I am not sure what to do.

AutoTech IQ

Modern vehicles are highly computerized and completely different from the mechanically controlled automobiles of 30 years ago. Although computerization has made vehicles much more reliable and fuel-efficient, car symptoms like squealing, squeaking, humming, growling, and other noises still occur. Our tips help car and truck owners take the next steps after their vehicle makes odd sounds. Can I repair the car myself to eliminate the noise? Most of the symptoms known to AutoTechIQ, which collects millions of work orders across the country, need a professional inspection. A key element of successful auto repair is the ability to educate the customer about why the repair needs to happen and what safety, cost avoidance, and environmental impact it imposes. Then, with a list of options on the table, the customer can decide the best outcome for their vehicle and their goals. Just go to AutoTechIQ.com and use the shop selector to find the best-suited shop in your area. AutoTechIQ introduced three certification levels for the shops featured on the map, so make sure you select the right one for you. AutoTechIQ.com has made educational content available to you in an easy-to-digest way and with a minimum of the technical lingo experts often say. What are commonly occurring car noises? We'll list common problematic noises cars make below. If you're experiencing any of those, listen to their reference noise in the YouTube link and send it to your trusted auto repair shop for reference. Squealing noise when driving Car sounds like a lawn mower Car won’t start but not making any noise Humming noise while driving What other symptoms should I look for? Noise is often the most dominant symptom your car makes but not the only one. For example, a failed serpentine belt pulley can make a very noticeable noise and create a distinct odor of burnt rubber. Reoccurring problems are especially concerning, and it is important to describe the context of these issues to your trusted auto repair shop professionals. Knowing the characteristics of the problem helps the professional to eliminate up to 90% of the potential root causes and saves you a lot of money for unnecessary diagnostics or repair. How do I find a professional auto repair shop I can trust? There has been a significant change in how former mom-and-pop shops focus on repairing vehicles. Now, they focus on helping you determine your vehicle's best course of action by meeting your goals for longevity and dependability. What should be my budget when taking my car to an auto repair shop? Traditionally, most car owners follow the service interval recommendation provided by their trusted auto repair shop or just go to the shop when problems arise and let the shop fix them. Most of the time, the latter is the most expensive way of taking care of your vehicle if you add up the cost of each visit. Using a preventive maintenance plan offered by your trusted auto repair shop will open up the opportunity to talk about future expenses or what is called deferred services. You can start budgeting future expenses and still save money since preventive maintenance is significantly more cost-effective than paying the repair cost when problems occur. Condition-based inspections take the preventive maintenance concept even further. Your auto repair shop conducts a vehicle inspection every time you drop off your vehicle. The results are compared to previous inspection results to determine wear and tear patterns. Based on those patterns, the best course of action is presented to you. Why is it important to ask for a Digital Auto Checkup? Many auto repair shops listen to your concern and will provide a solution right away by taking care of the problem you are describing. When you go to any doctor with a symptom, does the doctor immediately go to the concern you are expressing? Typically they don’t do that unless you are in the emergency room. Instead, vital signs will be recorded first. The same can be true for your vehicle. You first establish baseline health before addressing the particular symptom. The bill of health of a vehicle is called the Digital Auto Checkup or Digital Vehicle Health Inspection. What is AutoTechIQ’s advantage to me as a car owner? The majority of car owners dread the appointment at an auto repair shop. The shops in the AutoTechIQ network are selected based on criteria putting your education and professional service as their main focus. Three criteria not used in other business directories are: The business has received at least 100 Google reviews with an average score of more than 4.5 out of 5.0. A digital vehicle health inspection is used consistently to examine the health of your vehicle and covers at least 35 topics. The documentation of mint and problem conditions uses well-documented images and videos to give you complete transparency. Contact Details AutoTech IQ AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

November 21, 2022 01:42 PM Eastern Standard Time

Transportation

Volatus Aerospace Expands Product Distribution to US Market with Acquisition of Empire Drone Company LLC.

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Foresight Announces Third Quarter 2022 Financial Results

Foresight Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirements

Lithium Giant Says Global Lithium Demand Will Increase by 40% This Year

Foresight: Eye-Net Successfully Showcases its Advanced Solution to Leading OEMs and Tier One Suppliers in Japan

Why You Should Get a Digital Vehicle Inspection From Your Auto Repair Shop

Recently, my car started sounding strange and I am not sure what to do.