Auto
XCMG Machinery Ships Over 1,000 Excavators to Key Markets in Europe, North America and Australia
Extensive range from compact to large models meets diverse construction needs across continents XUZHOU, China, Feb. 23, 2024 /PRNewswire/ -- On February 18, a consignment of over 1,000 excavators from XCMG Machinery (SHE: 000425, "XCMG"), featuring a wide array of top-selling models from compact...
U Power Limited Enters into a Memorandum of Understanding with Durapower Holdings Pte Ltd.
SHANGHAI, Feb. 23, 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 entered into a Memorandum of Understanding (t...
Lotus Tech and L Catterton Asia Acquisition Corp Complete Business Combination
NEW YORK and SINGAPORE, Feb. 22, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, andL Catterton Asia Acquisition Corp ("LCAA") (NASDAQ: LCAA), a special purpose acquisition company formed by affiliates ofL Catterton, a le...
Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application Development
Companies to Explore Creation and Deployment of AI-Driven Support and Service Application for Senmiao's Drivers with Chengdu Daren Duoduo Culture Media CHENGDU, China, Feb. 22, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing c...
FIC AR HUD: Innovative Technology Elevating the Driving Experience to New Heights
TAIPEI, Feb. 22, 2024 /PRNewswire/ -- Driven by advances in technology, the automotive industry is witnessing a revolutionary innovation: Augmented Reality Head-Up Display (AR HUD). This technology has been transforming the driving experience, providing unprecedented convenience and safety for dr...
NaaS Technology Joins Forces with Foshan Chancheng City Construction Group to Advance Regional New Energy Infrastructure Development
BEIJING, Feb. 22, 2024 /PRNewswire/ -- On Februray 20, NaaS Technology (NASDAQ: NAAS), the first US-listed EV charging service company inChina, and Foshan Chancheng City Construction Group Co., Ltd. (Hereinafter referred to as Chancheng City Construction Group) signed a strategic cooperation agre...
Valvoline™ Global Operations launches 5th annual Mechanics Month campaign
LEXINGTON, Ky., Feb. 21, 2024 /PRNewswire/ -- Valvoline Global, a worldwide leader in automotive and industrial solutions, launches its 5th annual Mechanics Month in March, a campaign to support and celebrate the value of mechanics around the world. This year, Mechanics Month will be centered ar...
Hydrexia to Provide Hydrogen Application Solution to Toyota
KUALA LUMPUR, Malaysia, Feb. 21, 2024 /PRNewswire/ -- Hydrexia Holding Limited (Hydrexia), a leading hydrogen technology solution provider inChina, and Toyota, a global automotive manufacturer announcedtoday that the Malaysia subsidiaries of the two companies have reached a commercial agreement f...
SunCar Technology Group Inc. Announces Business Cooperation with Li Auto for Advanced System Software Development
NEW YORK, Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation inChina , today announced a new business cooperation (the "Agreement") throug...
Automechanika and Frost & Sullivan Forge New Partnership for Global Impact
Frost & Sullivan, the global Growth Pipeline Company, proudly announces a significant milestone in its commitment to knowledge sharing and industry collaboration through a strategic knowledge partnership with the international Automechanika trade fair brand. LONDON, Feb. 21, 2024 /PRNewswire/ --...
Thailand EV Board Approves Tax Incentives for Electric Trucks and Buses Adoption, Cash Grants for Battery Cells Manufacturers, to Reinforce EV Hub Status
BANGKOK, Feb. 21, 2024 /PRNewswire/ -- Thailand's National Electric Vehicle Policy Committee (EV Board), chaired by Prime Minister Srettha Thavisin, today approved incentives to encourage companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEV),...
CAAS, EDB AND SUPERNAL INK STRATEGIC PARTNERSHIPS TO DEVELOP ADVANCED AIR MOBILITY IN ASIA-PACIFIC REGION
WASHINGTON, Feb. 21, 2024 /PRNewswire/ -- Supernal LLC – Hyundai Motor Group's Advanced Air Mobility (AAM) company inked two Memorandums of Understanding (MOUs) with the Singapore Economic Development Board (EDB) and the Civil Aviation Authority ofSingapore (CAAS) respectively to further develop ...
Formula 1 news: Otmar Szafnauer launches EventR
Brand-new hi-tech digital travel/event management tool EventR is set to revolutionise F1 team logistics and dynamics. OXFORD, England, Feb. 20, 2024 /PRNewswire/ -- As the visionary behind EventR, Otmar Szanfauer unveils the ground-breaking digital itineraries ecosystem, and its pivotal role in...
AUTOCRYPT Launches Cybersecurity Testing Platform for UN R155/156 and GB Compliance
New platform enables automotive OEMs to conduct regulatory compliant security testing and share integrated results for vehicle type approval SEOUL, South Korea, Feb. 20, 2024 /PRNewswire/ -- Automotive cybersecurity company AUTOCRYPT announced the launch of AutoCrypt CSTP, a comprehensive cybers...
Senmiao Technology's XXTX Online Ride-hailing Platform Receives Highest Rating for Service Quality and Reputation in Changsha
CHENGDU, China, Feb. 20, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (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 that the Comp...
Autoliv publishes its Annual and Sustainability Report for 2023
STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, has filed with the Securities and Exchange Commission (SEC) its 2023 Annual Report on Form 10-K as well its annual sustainability report, filed together with ...
Lotus Tech and L Catterton Asia Acquisition Corp Announce Closing of Business Combination
Lotus Tech's American Depositary Shares to Begin Trading on the Nasdaq on February 23, 2024 under Ticker Symbol "LOT" NEW YORK and SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, andL Catterton Asia A...
2024 Altair Enlighten Award Open for Entries
Award spotlights the automotive industry's finest innovations in sustainable, lightweight design TROY, Mich., Feb. 20, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that the2024 Altair Enlighten Award is now open for submissions. Presented a...
Autoliv Declares Quarterly Dividend
STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of68 cents for the first quarter of 2024. To holders of record on the close of ...
Optimizing Group Resources: AcBel, Kinpo, and ChargePoint Jointly Target the Charging Station Market
TAIPEI, Feb. 20, 2024 /PRNewswire/ -- AcBel Polytech Inc. ("AcBel") (TWSE: 6282), a leading power supply manufacturer under Kinpo Group, announced today (20) a significant collaboration with ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), ...
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