Auto
Hyundai Motor India Signs 'Asset Purchase Agreement' for Acquisition of Identified Assets at GM India Talegaon Plant
* The Asset Purchase Agreement covers assignment of land and buildings and acquisition of identified assets at General Motors India's Talegaon Plant * Manufacturing operations at the plant are planned to commence in 2025, augmenting Hyundai Motor India's manufacturing footprint * As part of ...
FirstElement Fuel, the World-Leading Provider of Hydrogen Refueling Solutions, is Awarded $7.7 Million from the California Energy Commission to Scale up its Manufacturing Capacity
The grant award will help expand FirstElement Fuel's Santa Ana, CA Manufacturing Facility output by more than 10 times, increasing local jobs, and reducing greenhouse gas emissions by enabling more zero-emission transportation. IRVINE, Calif., Aug. 15, 2023 /PRNewswire/ -- FirstElement Fuel Inc. ...
Clermont Group Welcomes Robbie Bourke as Head of Aerospace
* Aviation industry veteran Robbie Bourke joins Clermont Group as Head of Aerospace * Bourke will oversee Clermont's mission to lead the sustainable aviation revolution, which includes the pioneer in electric propulsion, magniX, and Eviation, the maker of the Alice all-electric commuter aircr...
VINFAST AND BLACK SPADE ACQUISITION CO COMPLETE BUSINESS COMBINATION
- VinFast's Ordinary Shares and Warrants to Begin Trading on the Nasdaq onAugust 15, 2023 under Ticker Symbols "VFS" and "VFSWW," respectively. NEW YORK, Aug. 14, 2023 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast") and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") today announce...
Senmiao Technology Reports Fiscal 2024 First Quarter Financial Results
CHENGDU, China, Aug. 14, 2023 /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 fis...
Altos Radar raises $3.5m to accelerate the development and commercialization of 4D imaging radars
SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised$3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles. The funding, led by Hesai Technolog...
Revolutionary Off-Road Electric Unicycle Set to Debut on September 1st
SHENZHEN, China, Aug. 14, 2023 /PRNewswire/ -- INMOTION, a leading manufacturer of high-performance electric vehicles, is thrilled to announce the upcoming launch of their first off-road electric unicycle Adventure onSeptember 1st. This unicycle opens up a world of possibilities for thrill-seeker...
The Delivery Ceremony of the First Batch of 1,000 Zhongtong Buses Ordered by Kyrgyzstan
LIAOCHENG, China, Aug. 14, 2023 /PRNewswire/ -- On August 8, the delivery ceremony of the first batch of the 1,000 Zhongtong buses ordered byKyrgyzstan was held at Zhongtong Bus Holding Co., Ltd. in Liaocheng Economy and Technology Development Zone ofShandong, China. The 500 vehicles in this batc...
NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
DUBAI, UAE, Aug. 14, 2023 /PRNewswire/ -- NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN" or the "Company"), today announced that the Company has reached an agreement to make a strategic inves...
Tantech to Supply Twenty Modern School Buses to Ecuador to Enhance Student Transportation Capacities
LISHUI, China, Aug. 14, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH ) ("Tantech" or the "Company") announced that its subsidiary, Shangchi Automobile Co., Ltd., has recently signed a sales contract to export 20 school buses toEcuador; this is the 4th order of school buses from Ecuador....
Uxin Reports Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results
BEIJING, Aug. 14, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN),China's leading used car retailer, today announced its unaudited financial results for the fourth quarter and fiscal year endedMarch 31, 2023. Dear Shareholders, First and foremost, on behalf of Uxin Gr...
Global Times: President Xi's inspections encourage continuous effort in conservation of 'Gold Corn Belt' and advancement of high-end manufacturing
BEIJING, Aug. 14, 2023 /PRNewswire/ -- From the Songliao Plain to the banks of the Hailan River, from the shores of Chagan Lake to industrial parks, since the 18th National Congress of the Communist Party ofChina (CPC), Xi Jinping, general secretary of the CPC Central Committee, Chinese president...
Introducing Car Chilli, Singapore's latest car sharing app
SINGAPORE, Aug. 14, 2023 /PRNewswire/ -- An upsurge in Certificate of Entitlement (COE) prices has ignited a demand for car rental and sharing services withinSingapore. Seizing this opportune moment, Car Chilli emerges as the newest addition toSingapore's Car Sharing economy, poised to capture an...
ARTERY Debuts AEC-Q100 Qualified AT32A403A for Automotive Applications
HSINCHU, Aug. 14, 2023 /PRNewswire/ -- ARTERY has recently launched the first automotive grade AT32A403A MCU, marking its successful penetration into the automotive MCU market. Characterized by high performance, safety and reliability, the AT32A403A series is suitable for automotive body control,...
Autel Hosts Partner Summit in Vietnam, Supercharging Diagnostic and EV Charger Success
HAI PHONG, Vietnam, Aug. 14, 2023 /PRNewswire/ -- Autel, a leading manufacturer of EV chargers and diagnostic vehicle repair equipment, successfully held the 2023 Autel APAC Partner Summit for its partners in theAsia Pacific. The summit celebrated partner success for the previous year, hallmarkin...
AUTOMOBILI PININFARINA TO PREMIERE FIRST CAR OF FUTURE PORTFOLIO AT MONTEREY CAR WEEK: THE NEW B95
* Automobili Pininfarina will be attending Monterey Car Week in August, presenting three vehicles at a private residence beginning Thursday 17 August, and subsequently at 'The Quail' * Making its world premiere will be the first vehicle in Automobili Pininfarina's new collection, an exquisite...
China Automotive Systems Reports 90.0% Increase in Net Income Per Share to $0.57 in the First Six Months of 2023
WUHAN, China, Aug. 11, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the second quarter and six months endedJune 30, 2023. Second ...
Xinhua Silk Road: Recreational vehicle production maintains momentum in China's Rongcheng
BEIJING, Aug. 11, 2023 /PRNewswire/ -- Rongcheng, a county-level city in east China's Shandong Province, saw its recreational vehicle (RV) industry gain steam in fast lane of expansion. Last year, the city churned out a total of 17,000 RVs, generating sales revenue of1.7 billion yuan. As China'...
KUALA LUMPUR BIKE SHOW 2023: BRANDS CONTINUOUSLY INNOVATE AND THAT INNOVATION NEEDS TO BE PRESENTED TO THE MARKET
KUALA LUMPUR, Malaysia, Aug. 11, 2023 /PRNewswire/ -- The Malaysia Global Business Forum (MGBF) is pleased to announce the upcoming industry dialogues that will be hosted alongside the Crisis Management Centre themed 'The Two-Wheeler Market – Mobility, ESG and the ASEAN Supply Chain' and 'Data a...
Chery Automotive Deploys 100+ ForwardX AMRs in Phase One of Its Super Factory
CHICAGO, Aug. 11, 2023 /PRNewswire/ -- Chery Super Factory, a state-of-the-art
global automobile manufacturing plant, has partnered with ForwardX Robotics, a
leading provider of autonomous mobile robots (AMRs), to implement a
groundbreakingsmart automotive manufacturing solution
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