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Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company's 97-year history

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Full Year 2023             * 2023 revenue was SEK 399.3 bn (SEK 330.1 bn in 2022)            * 2023 operating income (excl. JVs and associates) was SEK 25.6 bn (SEK 17.9 bn in 2022)            * 2023 operating income was SEK 19.9 bn (SEK 22.3...

2024-02-01 14:43 3215

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle forEurope, based on Hyundai's Global eLCV platform. The new vehicle will join Ivec...

2024-02-01 14:30 2289

Volta Energy Solutions, world's first manufacturer of copper foil for batteries, to expand business presence in North American EV market

* World's No. 1 manufacturer of copper foil for high-tech industries and EV batteries. * Established in 1960, CFL has secured foundational technology and patents by developing the world's first electrodeposited copper foil for batteries. * Korea's leading companies are entering the North Ame...

2024-01-31 21:00 2105

LeddarTech's 2023 Year-in-Review Business Results

QUEBEC CITY, Jan. 31, 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 pleased to...

2024-01-31 20:00 1605

High-Quality Charging Anywhere | Huawei Releases Top 10 Trends of Charging Network 2024

SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ -- Huawei released the Top 10 Trends of Charging Network 2024 on January 30, themed "High-Quality Charging Anywhere." At the event, Wang Zhiwu, President of Huawei Smart Charging Network Domain, comprehensively interpreted these trends from technol...

2024-01-31 19:07 2539

Shandong Heavy Industry Group Agreement with Singapore's Jardine Cycle & Carriage Direct Motor Interests for 120 Zhongtong Bus New Energy Buses

JINAN, China, Jan. 31, 2024 /PRNewswire/ -- In a significant ceremony held in Singapore on January 25, Shandong Heavy Industry Group and Singapore's Jardine Cycle & Carriage Direct Motor Interests (DMI) formally inked a deal for 120 Zhongtong Bus new energy buses. Zhongtong Bus new energy buses i...

2024-01-31 09:54 1668

Excelfore Recognized with Frost & Sullivan's 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findin...

2024-01-30 23:00 2140

RoboSense's M Platform Sensors Power the Fully-Electric Lotus EMEYA

DETROIT, Jan. 30, 2024 /PRNewswire/ -- RoboSense (2498.HK), a global leader in LiDAR and perception solutions, announced that Lotus, a UK-headquartered global luxury auto manufacturer, has officially launched its first fully electric sedan, the Emeya, equipped with two...

2024-01-30 22:00 1936

Greenland Technologies Announces Power Tech Equipment Repair Has Joined HEVI's Approved Service Provider Network Program

EAST WINDSOR, N.J., Jan. 30, 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 announce...

2024-01-30 21:00 2905

Uxin to Hold an Extraordinary General Meeting on March 1, 2024

BEIJING, Jan. 30, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN),China's leading used car retailer, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 21/F, Donghuang Building, ...

2024-01-30 18:00 2693

Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity

* The round, led by CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), is joined by existing investors and unfolds concurrently with Tau Group's expansion of production capacity at its new facility TURIN, Italy, Jan. 30, 2024 /PRNewswire/ -- T...

2024-01-30 17:00 2026

GAC AION Launches in Hong Kong, Marking a New Chapter in GAC Group's Global Expansion

GUANGZHOU, China, Jan. 30, 2024 /PRNewswire/ -- On January 28th, GAC AION celebrated the grand opening of its first showroom inHong Kong, marking the brand's official entry into the market. The brand launch event in Kowloon Bay featured the introduction of new energy vehicles, including AION Y Pl...

2024-01-30 11:32 2937

LeddarTech's Board of Directors Appoints Sylvie Veilleux and Lizabeth Ardisana

QUEBEC CITY, Jan. 30, 2024 /PRNewswire/ -- LeddarTech® (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD, and parking applications, today announced that its Board of Directors appointed...

2024-01-30 06:18 1491

JETOUR T2 Debuts in the UAE, Featuring Advanced XWD Technology

DUBAI, UAE, Jan. 29, 2024 /PRNewswire/ -- On January 27th, 2024, JETOUR T2 was officially launched inDubai, United Arab Emirates, marking the beginning of its international journey. At the event, Mr. Li Xueyong, Vice President of Chery Auto...

2024-01-29 21:20 1746

Celgard and Æsir Technologies Forge Strategic Alliance to Drive Industry Innovation in Nickel-Zinc, Zinc-Air and Lithium-Zinc Batteries

CHARLOTTE, N.C., Jan. 29, 2024 /PRNewswire/ -- Celgard, LLC (Celgard), a subsidiary of Polypore International, LLC (Polypore), is pleased to announce a newly formed Alliance with Æsir Technology, Inc. (Æsir), a leading manufacturing company that specializes in developing next-generation Nickel-Z...

2024-01-29 21:00 2611

New Sinotruk Howo-T7S Set to Win Customers' Trust Through Stability and Reliability

JINAN, China, Jan. 29, 2024 /PRNewswire/ -- Sinotruk, the innovative challenger truck company dedicated to providing top-tier heavy-duty truck solutions, is increasingly earning new recognition inSouth-East Asia. The firm's new Howo-T7S truck

2024-01-29 19:38 1885

GAC AION forays into the HK NEV market

HONG KONG, Jan. 29, 2024 /PRNewswire/ -- On January 28, GAC AION declared open its first showroom inHong Kong, China, and held the brand and AION Y Plus product launch in Kowloon Bay, announcing the official entry ofGAC AION in Hong Kong and marking a further step of GAC Group's internationalizat...

2024-01-29 17:05 2010

Volvo launches new trucks worldwide - future proofing its product portfolio

Volvo Trucks has unveiled an all-new heavy-duty truck platform for the North American market in parallel to a new heavy-duty truck range forEurope, Australia and markets inAsia and Africa. New energy efficient models – including trucks running on electricity and renewable fuels – will reduce CO2 ...

2024-01-29 16:00 1696

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for December 2023

CHENGDU, China, Jan. 26, 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 the operating ...

2024-01-26 22:00 4055

Autoliv: Financial Report October - December 2023

STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.sdb) Q4 2023: Record sales and strong profitability Financial highlights Q4 2023 $2,751 million net sales 18% net sales increase 16% organic sales growth* 8.6% operating margin 12.1% adjusted operating margin* $2.71 EPS, 51% inc...

2024-01-26 20:14 4745
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