Transportation
SMH Rail launches its latest innovation in the 'H10 Series' Locomotive Towards Green Mobility
KUALA LUMPUR, Malaysia, Aug. 20, 2021 /PRNewswire/ -- SMH Rail Sdn Bhd (SMH Rail),Malaysia's leading rolling stock manufacturer and maintenance service provider, today unveiled its newly manufactured 'H10 Series' Locomotives. Built with advanced technology and innovation in design engineering, th...
CANGO Auto View: Investors Eye Vehicle Technologies as Next Big Thing
SHANGHAI, Aug. 20, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called "CANGO Auto View" to bring readers, drivers and passengers up to speed with what's on offer in ...
Dada Group and CP Group Retail Division Partner to Provide Omni-channel On-demand Delivery Services for CP Lotus and CP Fresh Mart
SHANGHAI, Aug. 20, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, and Charoen Pokphand Group (CP Group)'s Retail Business Division, today announced a partnership to provide omni-channel on-demand delivery services for CP Group's CP Lo...
The Acquisition of HKTaxi by Uber Marks First Successful Full "Exit" Deal for Beyond Ventures
HONG KONG, Aug 20, 2021 /PRNewswire/ -- Beyond Ventures, a Hong Kong-based venture capital firm, is pleased to announce today that the acquisition of HKTaxi by Uber marks the first successful full "exit" deal for Beyond Ventures among all of its prominent portfolio companies. This is also a recog...
Transporta launches transport management solution for Indonesia's logistics sector towards digitizing SME truckers
JAKARTA, Indonesia, Aug. 20, 2021 /PRNewswire/ -- Transporta
Cango Inc. Announces Up to US$50 Million New Share Repurchase Program
SHANGHAI, Aug. 19, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that its board of directors has authorized a new share repurchase program (the "New Share Repurchase Program") under which the Com...
Cango Inc. Reports Second Quarter 2021 Unaudited Financial Results
SHANGHAI, Aug. 19, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced its unaudited financial results for the second quarter of 2021. Second Quarter 2021 Financial and Operational Highlights * Tota...
GWM Acquires Daimler Factory in Brazil to Enhance Presence in South America and Expand Global Layout
BAODING, China, Aug. 19, 2021 /PRNewswire/ -- On August 18, GWM and Daimler AG signed an agreement on the acquisition of Daimler's factory in Iracemapolis, Brazil under the witness of GWM Rotating President Meng Xiangjun in Sao Paulo. The said agreement stipulates the transfer of the ownership of ...
ePropulsion Opens Hong Kong Office to Strengthen GBA-wide Engineering Capabilities
HONG KONG, Aug. 19, 2021 /PRNewswire/ -- ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, is opening an office inHong Kong to strengthen its research and development (R&D) capabilities. The new facility will support ePropulsion's growth as an ...
MPC Container Ships ASA reports Q2 and six-month 2021 results
OSLO, Norway, Aug. 19, 2021 /PRNewswire/ -- * Significantly improved operating revenues by 25 percent and EBITDA by 43 percent compared to Q1 2021. * Revised FY 2021 guidance based on current market developments. * Continued high chartering activity in Q2 2021 bringing the EBITDA backlog t...
Hybridization and Electric Vehicle Segments to Boost Global Powertrain Industry, Finds Frost & Sullivan
Internal combustion engines face more competition from electrified powertrains following stricter emission norms SANTA CLARA, Calif., Aug. 19, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis on theglobal powertrain industry finds that electric vehicles are gaining in popularity against t...
Autoliv Declares Quarterly Dividend
STOCKHOLM, Aug. 19, 2021 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of62 cents per share for the third quarter of 2021. The dividend will be payable...
Automobili Pininfarina Creates Monterey Magic With Packed Programme of Events
- Comprehensive programme of events in the US sees the Automobili Pininfarina Battista make its production-specification debut at Monterey Car Week - The event also saw the first public appearance of the exclusive Battista Anniversario in the US, presented at The Quail and Pebble Beach Concours ...
ZTO Reports Second Quarter 2021 Unaudited Financial Results
Adjusted Net Income Reached RMB1.27 Billion 5.8 Billion Parcels Attained 21.0% Market Share SHANGHAI, Aug. 19, 2021 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its una...
Baidu World 2021: Baidu Showcases How Latest AI Innovations Transform Transportation, Industry and Daily Life
BEIJING, Aug. 18, 2021 /PRNewswire/ -- Today, Baidu demonstrated how its latest AI innovations will transform and improve transportation, industry and daily life at its annual flagship technology conference, Baidu World 2021. From a robocar reveal and a rebranded robotaxi mobile platform to Xiaod...
New TANK SUV Model Equipped with 3.0T+ 9AT Super Power
BAODING, China, Aug. 18, 2021 /PRNewswire/ -- Recently, the first model TANK "X" (which is not officially named, hereinafter referred to as TANK "X") after the independence of the TANK brand rolled off the production line in Jingmen Vehicle Production Base of GWM. On the basis of the sketch relea...
South Korean Insurtech Carrot Launches Pay-Per-Mile Insurance Specifically Designed For Electric Vehicles
SEOUL, South Korea, Aug. 18, 2021 /PRNewswire/ -- One of the world's leading Insurtech from South Korea Carrot General Insurance Corp. ("Carrot" or the "Company") hit its stride with the rollout of its pay-per-mile auto insurance specially designed to protect electric mobility and the owners. Th...
Webb Fontaine awarded contract in Egypt with Misr Technology Services for national roll out of state-of-the-art Integrated Risk Management service for Trade and Customs sector
DUBAI, UAE, Aug. 18, 2021 /PRNewswire/ -- Webb Fontaine, a leading provider of advanced and innovative Trade and Customs services, has announced its first-ever partnership to work with Misr Technology Services inEgypt. As an expert in the provision of the very latest Artificial Intelligence (AI) ...
Neusoft Reach Listed in KPMG China Leading AutoTech 50 Again
SHENYANG, China, Aug. 18, 2021 /PRNewswire/ -- On August 4, 2021, KPMG (China) released KPMG China Leading AutoTech 50 for the 4th year since 2018, where Neusoft Reach Automotive Technology Co., Ltd. ("Neusoft Reach") was listed for the second year successively for its innovative performances in ...
Baidu Announces Autonomous Driving Milestones at Baidu World 2021
BEIJING, Aug. 18, 2021 /PRNewswire/ -- Today, Baidu held its annual flagship technology conference, Baidu World 2021, where Co-founder and CEORobin Li unveiled his vision for mobility of the future alongside a new robotaxi mobile platform that aims to make autonomous vehicles more accessible to t...
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