Auto
BBB Industries announces strategic leadership changes
John Boyer Appointed President of Undercar division Maria Caballero Promoted to President of TERREPOWER division DAPHNE, Ala., Feb. 12, 2024 /PRNewswire/ -- BBB Industries, LLC (BBB), a leading sustainable manufacturer serving the automotive and industrial markets, announced two strategic leaders...
Senmiao Technology Reports Fiscal 2024 Third Quarter Financial Results
CHENGDU, China, Feb. 12, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced financial results for its fisc...
TuanChe Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement
BEIJING, Feb. 12, 2024 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace inChina, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stoc...
U Power Announces Market Validation Phase of Shared Battery Swapping Solution for Two- and Four-wheeled EVs
SHANGHAI, Feb. 12, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider inChina, today announced that their shared battery swapping solution designed for ...
Lynk & Co Wins Top Honors in the IDA's SUV Category
LOS ANGELES, Feb. 12, 2024 /PRNewswire/ -- Lynk & Co's flagship model, Lynk & Co 09, was honored with the prestigious Silver Award in the 2023 International Design Awards (IDA). Lynk & Co 09 emerged as the only award-winner in the Automotive & Transport-Cars: SUV category, offering significant re...
Frost & Sullivan Recognizes Petromin Express with the 2023 Saudi Arabian Competitive Strategy Leadership Award for Delivering Futuristic and Highly Tailored Automotive Products and Services
Petromin Express is revolutionizing the automotive quick services industry through its tailored automotive products and services, pioneering strategies, and sustainable practices with a deeply customer-centric mindset. SAN ANTONIO, Feb. 8, 2024 /PRNewswire/ -- Frost & Sullivan recently researche...
NaaS Technology Inc. Announces Positive NTR for January 2024 and Updates Revenue Guidance for Full Year 2023
BEIJING, Feb.8, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today provided an update on its recent business developments and announced its revised revenue guidance for the financial year endedDecemb...
U Power Announces Appointment of New Independent Director
SHANGHAI, Feb. 8, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider inChina, today announced that Mr.Bo Lyu resigned from the board of directors of the...
EV Startup, River, raises $40 Million in an oversubscribed Series B round; deal led by Yamaha Motor Co., Ltd.
BENGALURU, India, Feb. 8, 2024 /PRNewswire/ -- River, a Bengaluru-based startup building multi-utility electric scooters, has announced a$40 million (335 INR Crores) Series B led by Yamaha Motor Co., Ltd. The round also saw participation from existing investors Al-Futtaim Group, Lowercarbon Capit...
Vantage Markets Continues Partnership with the NEOM McLaren Extreme E Team In 2024
LONDON, Feb. 8, 2024 /PRNewswire/ -- Global multi-asset broker, Vantage Markets
BeyonCa Founder Soh Urges Creation of New Automotive Ecosystem Amid Fragmentation of Supply Chain and AI-driven Transformation
BEIJING, Feb. 8, 2024 /PRNewswire/ -- During a recent investment roundtable with Barron'sChina, Singaporean Weiming Soh, a seasoned figure in the automotive industry and the founder-chairman of the premium smart EV company BeyonCa, advocated the establishment of a new industrial ecosystem to addr...
Carota and F.LAB Establish Strategic Alliance to Strengthen Smart Cockpit Competitiveness
TAIPEI, Feb. 7, 2024 /PRNewswire/ -- Carota, a global supplier of automotive Over-The-Air (OTA) upgrades and remote diagnostic solutions, announced a strategic alliance with F.LAB, a software development company specializing in smart cockpit technology. This alliance will seamlessly integrate F.L...
Greenland Technologies Announces Addition of Correlli Incorporated to HEVI's Fast Growing Approved Service Provider Network Program
EAST WINDSOR, N.J., Feb. 6, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced...
Autohome Inc. Announces 2023 Q4 and Annual Earnings: New Business Drives Sustained Growth
HONG KONG, Feb. 6, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced its fourth quarter and annual financial results for 2023. Over the past year, Autohome delivered solid ope...
U Power and Cornerstone Sign MoU to Explore the Application of New Energy Charging Equipment and EV Product Solutions in Hong Kong and Southeast Asia
SHANGHAI, Feb. 6, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider inChina, today announced that it has signed a Memorandum of Understanding ("MoU") w...
Autohome Inc. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results
BEIJING, Feb. 6, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced its unaudited financial results for the three months and full year endedDecember 31, 2023. Fourth Quarter 2...
Kia welcomes credit rating upgrade to A3 by Moody's Investors Service
SEOUL, South Korea, Feb. 6, 2024 /PRNewswire/ -- Kia Corporation today welcomed Moody's Investors Service (Moody's) upgrade of the company's corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook. According to the report from Moody's, the rating upgra...
Hyundai Motor Welcomes Credit Rating Upgrade to A3 by Moody's Investors Service
SEOUL, South Korea, Feb. 6, 2024 /PRNewswire/ -- Hyundai Motor Company today welcomed Moody's Investors Service (Moody's) upgrade of the company's corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook. According to the report from Moody's, the rating...
Zuellig Pharma to Rollout the Volvo FE Electric truck for cold chain logistics
TAIPEI, Feb. 6, 2024 /PRNewswire/ -- The signing ceremony between Taikoo Motors, Zuellig Pharma, and Long Feng Medical Logistics confirmed the first delivery of a Volvo FE Electric truck for cold chain logistics inTaiwan, marking their partnership in promoting green transportation and heralding a...
First design studies for Julie Mehretu's BMW Art Car revealed
NEW YORK and MUNICH, Feb. 5, 2024 /PRNewswire/ -- Julie Mehretu presents her first design studies for the 20th BMW Art Car. For this project, the internationally renowned artist combines her artistic work with a personal enthusiasm for automotive design and speed. She translates dynamism into for...