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Uxin Announces Entry into a Term Sheet for Financing

BEIJING, March 18, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN),China's leading used car retailer, today announced that it has entered into a term sheet with Xin Gao Group Limited ("Xin Gao") and an investment fund focusing on automobile related industries ("NC Fund,...

2024-03-18 17:00 1780

China Automotive Systems to Announce Unaudited 2023 Fourth Quarter and Audited 2023 Year Financial Results on March 28, 2024

WUHAN, China, March 15, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced that it will issue unaudited financial results for the fourthquarter ended December 31, 2023, on ...

2024-03-15 18:00 2414

ADA and Cycle & Carriage to Elevate Customer Experience through AI/NLP Integration

KUALA LUMPUR, Malaysia, March 15, 2024 /PRNewswire/ -- ADA, the leading integrated digital marketing agency inAsia, is proud to announce its partnership with Cycle & Carriage, a premier automotive company catering to affluent and high-affluent segments throughoutMalaysia, to integrate of AI/NLP ...

2024-03-15 12:36 15772

Mitsubishi Corp to invest in TIER IV: Transforming regional mobility with autonomous driving

TOKYO, March 14, 2024 /PRNewswire/ -- Mitsubishi Corporation (MC) and TIER IV, Inc. (TIER IV), a pioneer in open-source autonomous driving technology, are proud to announce MC's strategic investment in TIER IV through a third-party allotment of shares. Through this investment, the companies will ...

2024-03-15 09:00 1435

ENNOVI Introduces Automotive 10Gbps+ Ethernet Connector Solution

Featuring USCAR Interface based on validated Press-Fit Technology as a first customizable market solution SINGAPORE, March 14, 2024 /PRNewswire/ -- ENNOVI, a mobility electrification solutions partner, has introducedENNOVI-Net

2024-03-14 14:00 1824

Revolutionizing Urban Commuting: Introducing the G2 Quantum Electric Motorcycle

SINGAPORE, March 14, 2024 /PRNewswire/ -- The future of urban commuting just got a whole lot brighter with the G2 Quantum electric motorcycle which launched inSingapore in October 2023. Engineered for efficiency, sustainability, and style, this cutting-edge two-wheeler is poised to transform the ...

2024-03-14 10:00 2002

88%* Say That Budget Direct is Cheaper Than Their Previous Car Insurer

SINGAPORE, March 14, 2024 /PRNewswire/ -- Budget Direct Insurance  proudly announces that 88%* of surveyed customers have found their car premiums to be more budget-friendly than those from their previous insurer. This achievement is partly credited to Budget Di...

2024-03-14 09:00 543

Autonomous Driving Innovator EACON Secures $44.5 Million in Series C++ Funding, Surpassing $97.3 Million Raised in 6 Months

BEIJING, March 14, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured$44.5 million USD in Series C++ financing, led by Zijin Mining. With the completion of Series C and Series C+ financing, EACON has raised a total of$97.3 million USD in equity financing w...

2024-03-14 09:00 1932

TIER IV partners with Arm on new automotive technologies

TOKYO, March 13, 2024 /PRNewswire/ -- TIER IV , a pioneer in open-source autonomous driving (AD) technology, is excited to be collaborating withArm , a leader in semiconductor and software design, as a key AD end-application partner. A group of indus...

2024-03-14 07:00 1134

LeddarTech Collaborates With Arm on Future-Ready Software-Defined Vehicles

QUEBEC CITY, March 13, 2024 /PRNewswire/ -- LeddarTech Holdings Inc. (" LeddarTech") (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology,LeddarVision™, for ADAS, AD and parking applications, is thrille...

2024-03-13 21:05 987

NaaS Technology Inc. Announces US$6 Million Registered Direct Offering

BEIJING, March 13, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has entered into a definitive agreement with a single, U.S. institutional investor for the purchase and sale of...

2024-03-13 20:35 2475

Quantum Volts and Emergence Innovative to form strategic alliance for EV charging innovations

SINGAPORE, March 13, 2024 /PRNewswire/ -- In a strategic move, Quantum Volts Pte Ltd,Singapore will form a strategic alliance with Emergence Innovative Sdn. Bhd Malaysia and will enter into a mutually beneficial partnership to scale the electrification scene in the global arena.

2024-03-13 14:22 2158

MAV Systems: AiQ - No limits to recognition

KENT, England, March 13, 2024 /PRNewswire/ -- The launch of the new AiQ Advanced Intelligence ALPR camera offers more than just plate recognition, it eradicates the limitations that have previously faced ALPR cameras and has opened a wealth of visual data mapping and target detection that set new...

2024-03-13 07:30 1772

NaaS Technology and CCTEB Form Strategic Partnership to Accelerate Digitalization of Charging Infrastructure Network

* The collaboration integrates NaaS' capabilities of energy assets addressing and data analytic with CCTEB's construction practices to charging station EPC, PV, battery storage upgrades and energy port upgrades, etc. * More convenient charging services and efficient energy assets operation are...

2024-03-12 17:10 1284

Cango Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

SHANGHAI, March 11, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced its unaudited financial results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Financial and Operational High...

2024-03-12 05:30 1811

STRADVISION Renews ISO 27001 Certification, Solidifying Leadership in Automotive Technology Security

SEOUL, South Korea, March 11, 2024 /PRNewswire/ -- STRADVISION , a trailblazer in the automotive technology sector, proudly announces the successful renewal of its ISO 27001 certification for the fourth consecutive year. This achievement reaffirms STRADVISION...

2024-03-11 23:00 1301

Baidu Launches China's First 24/7 Robotaxi Service

* The start of round-the-clock operations comes as the third major operational expansion of Baidu's robotaxi service in 2024. * In Feb 2024, Baidu was approved for robotaxi pilot operation on highways to Beijing Daxing Airport, makingBeijing the world's first capital city to launch airport ro...

2024-03-08 20:44 2588

NaaS Technology Forms Strategic Partnership with CATARC New Energy Vehicle Test Center, Forging a Global 'Charging Ecosystem'

* NaaS leverages its capabilities in digital technologies and AI innovations to form a global 'charging ecosystem' applied to going-global EVs. * A holistic offering of charging services will be integrated to China's EVs, enhancing their charging station accessibility and overall charging expe...

2024-03-07 21:16 1493

SunCar Technology Group Inc. Highlights Growth and Market Leadership at the Citizens JMP Technology Conference

NEW YORK, March 7, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader indigitalized auto services and auto e-insurance inChina, recently presented at the Citizens JMP Securities Technology Conference, providing an overview of the Comp...

2024-03-07 21:00 2987

UBQ Materials New Diversified Product Portfolio Now Available Across APAC Markets

TEL AVIV, Israel, March 7, 2024 /PRNewswire/ -- UBQ Materials , climate tech developer of advanced materials made from waste, today announced itsSustainability Product Portfolio will be available to businesses across the APAC...

2024-03-07 08:01 2421
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