Transportation
NDB admits UAE as new member
SHANGHAI, Sept. 2, 2021 /PRNewswire/ -- The New Development Bank (NDB) – established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 – has admitted theUnited Arab Emirates (UAE) as a new member. NDB's Board of Governors authorized the Bank to conduct formal negotiations with pr...
IBM and Mercedes develop "Stolen Vehicle Help" for Mercedes me service
Service builds on IBM hybrid cloud expertise in developing connected vehicle solutions based on open-source technologies EHNINGEN, Germany and ARMONK, N.Y., Sept. 2, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and Mercedes announced the successful development of "Urban Guard - Stolen Vehicle Help," a ...
Fuel Cell Trucks Market Gains Momentum as Auto Industry Embraces a Hydrogen Economy Transition
The prospect of fuel cell trucks in hydrogen economies is intriguing to companies pursuing zero-emission mobility solutions, says Frost & Sullivan SANTA CLARA, Calif., Sept. 2, 2021 /PRNewswire/ -- Countries' commitments to climate change and to reduce carbon emissions have driven the automotive ...
Joyson Safety Systems announces leadership transition
- Guido Durrer, president & CEO, to retire at the end of the year - Tao Liu joins the company as deputy CEO, transitioning to president and CEO in 2022 - Four-month change process will enable seamless transition and continued success AUBURN HILLS, Mich., Sept. 2, 2021 /PRNewswire/ -- Joyson Saf...
GCC Light Vehicle Aftermarket Recovery Aided by Pre-owned Car Segment, Shared Mobility, and Digitalization
SANTA CLARA, Calif., Sept. 1, 2021 /PRNewswire/ -- The Gulf Cooperation Council (GCC) light vehicle aftermarket faced falling market demand and supply chain disruptions due to the pandemic and plummeting oil prices. However, new business models, includingdoor-to-door services, an increasing marke...
TD Holdings, Inc. Announces New Strategic Alliance to Step into Global Gold Spot Trading Market
SHENZHEN, China, Sept. 1, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that the Company has entered into a strategic cooperation agreement (the "Agreement") onAugust 31, 2021 with Jinyibao International Tech...
SKF acquires lubrication filtration business
GÖTEBORG, Sweden, Sept. 1, 2021 /PRNewswire/ -- SKF has completed the acquisition of EFOLEX AB, aGothenburg-based manufacturer of the Europafilter-branded industrial lubrication and oil filtration systems. EFOLEX offers offline filtration systems used in process manufacturing and energy industri...
Laptops Delivered in One Hour: Over 150 ASUS Stores Launch on JD.com and Dada's JDDJ
SHANGHAI, Sept. 1, 2021 /PRNewswire/ -- Dada Group (NASDAQ: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, and JD.com, a leading supply chain-based technology and service provider, as well as ASUS, the leading IT company in servers and workstations, today announced ...
Tantech Receives NASDAQ Notification Regarding Minimum Bid Requirements
LISHUI, China, Sept. 1, 2021 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company inChina, today announced that onAugust 30, 2021, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not i...
Veson Nautical Announces Acquisition of Data Solutions Product Oceanbolt
BOSTON, Sept. 1, 2021 /PRNewswire/ -- Veson Nautical, the global market leader for commercial maritime software, is proud to announce itsstrategic acquisition of Oceanbolt, a dynamic data solutions product for bulk commodity trade flow analysis and marine shipping intelligence. Oceanbolt's data ...
g&m Pte Ltd acquires ANDA Insurance Agencies Pte Ltd
SINGAPORE, Sept. 1, 2021 /PRNewswire/ -- g&m Pte Ltd, a leading insurance broker offering advisory services for retail segments of insurance inSingapore, announced today that it has reached an agreement to acquire ANDA Insurance Agencies Pte Ltd, a leading provider of domestic helper and moto...
Raythink sets up software team in India to develop AR-HUD AR Generator SDK
SHENZHEN, China, Aug. 31, 2021 /PRNewswire/ -- Raythink, a provider of in-vehicle AR display products and solutions, announced that the company had established a subsidiary, consisting of dozens of software experts, in Bangalore, India, to develop the Augmented Reality Head-Up Display (AR-HUD) AR ...
Concordia Maritime exercises purchase options and sells IMOIIMAX vessels
GÖTEBORG, Sweden, Aug. 31, 2021 /PRNewswire/ -- Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The net liquidity surplus from the transactions amounts to approximatelySEK 45 million. The tw...
GWM Appears at Chengdu Motor Show with Over 10 New Products From Its Five Vehicle Brands
BAODING, China, Aug. 31, 2021 /PRNewswire/ -- On August 29, the grand opening
ceremony of the 24th Chengdu Motor Show was unveiled, where GWM attracted many
visitors with over 10 new products from its five vehicle brands—HAVAL, TANK,
GWM Pickup, ORA and WEY.
Over 139,000 Highly Automated Commercial Vehicles Expected to Ship Globally in 2026
NEW YORK, Aug. 31, 2021 /PRNewswire/ -- As factory production begins for leading OEMs within the next three years, SAE Level 4 autonomy will move from modified heavy-duty trucks and pilots to a reality across multiple regions. According toABI Research, a global tech market advisory firm, these ve...
GAC MOTOR Sponsors Copa Chile Tournament, Building Brand Image in Chile
GUANGZHOU, China, Aug. 31, 2021 /PRNewswire/ -- New-era Chinese car manufacturer GAC MOTOR has been implementing a step-by-step foreign expansion plan over the last few years, branching out from their base inGuangzhou, southernChina, to markets in Africa, the Middle East, and Latin America. Chi...
Qatar Tourism and The Geneva International Motor Show establish partnership to create new Qatar Geneva International Motor Show
The first edition of the exhibition will be held in Doha during the fall season in 2023 DOHA, Qatar, Aug. 31, 2021 /PRNewswire/ -- Qatar Tourism and The Geneva International Motor Show (GIMS) announced today a partnership during a press conference held at Doha Exhibition & Convention Center (DE...
China Zenix Auto International Limited Reports 2021 Second Quarter Financial Results
ZHANGZHOU, China, Aug. 31, 2021 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) ("Zenix Auto" or the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, announced its unaudited financial results ...
Automation & Robotics to Redefine Thailand's Industries
BANGKOK, Aug. 31, 2021 /PRNewswire/ -- Thailand is renowned as an automotive
manufacturing hub
Motional and Hyundai Motor Group Unveil the IONIQ 5 Robotaxi: Motional's Next-Generation Robotaxi
* The all-electric IONIQ 5-based robotaxi is Motional's first commercial vehicle and will be used in its fully driverless public ride-hail service starting in 2023 * The vehicle represents the product of unparalleled expertise and partnership between Motional and Hyundai Motor Group BOSTON, M...
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