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Nanoform 1Q 2022 report: Quarterly record of new projects and new customers
HELSINKI, May 24, 2022 /PRNewswire/ -- The positive momentum continues. A quarterly record of eight new non-GMP projects with seven different customers signed. Revenue grew by 174%, the number of employees by 49%, while the total operating costs grew by 27%. The gross margin rose to 92%. Signific...
Lear Acquires Leading Seating Materials Specialist Thagora
* Acquisition improves Lear's manufacturing processes for surface material seating applications with scalable Industry 4.0 software and hardware SOUTHFIELD, Mich., May 24, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, recentl...
Nexteer Releases 2021 Sustainability Report; Demonstrates Company's Continued Efforts to Embrace ESG
AUBURN HILLS, Mich., May 23, 2022 /PRNewswire/ -- Nexteer Automotive released its annual Environmental, Social and Governance (ESG) / Sustainability Report highlighting the Company's sustainability achievements in 2021. As outlined in the report, Nexteer embraces sustainability as part of the Com...
Chery's Surging Power Train Framework Exerts Strength in this Era of New Energy
BANGKOK, May 23, 2022 /PRNewswire/ -- In this global context of new energy, Chery will extend 4.0 Era All-Domain Power Architecture and make use of its powertrain development system which covers traditional engines, dedicated hybrid engines and transmissions, and electric vehicles to launch more ...
Hyundai Mobis has developed the world's first adjustable automotive display: Ultra large movable screen
* Developed a vertically swiveling 34" ultra large cockpit display. * A large single screen displaying driving info and controlling infotainment functions… Visibility enhanced with triple curved surface technology. * New convergence technology combining core component technology knowhow with ...
Autoliv has refinanced its existing Revolving Credit Facility
STOCKHOLM, May 23, 2022 /PRNewswire/ -- Autoliv (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems has refinanced its existing$1.1 billion revolving credit facility agreement maturing in July 2023. Autoliv is pleased to announce that the refinancing of its existing core...
Hyundai Motor Group Increases US Investment as the Group Targets Innovation and Mobility Leadership
* HMG to invest more than USD 10 billion in US by 2025 to lead future mobility solutions * Investment to support HMG global position as first mover in innovation and next-generation mobility solutions; to contribute to U.S. manufacturing * HMG on May 20 announced a USD 5.54 billion new EV & ...
Yuchai Power Generation Engine Certified for Off-Road Tier 4 Emission Standards
SINGAPORE, May 23, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD)("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYM...
Hyundai Mobis introduced a vertically swiveling display for integrated automotive cockpit system
* Developed a vertically swiveling 34" ultra large cockpit display. * A large single screen displaying driving info and controlling infotainment functions… Visibility enhanced with triple curved surface technology. * New convergence technology combining core component technology knowhow with ...
Senmiao Technology Announces Business Cooperation with Ctrip Affiliate
CHENGDU, China, May 20, 2022 /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 its whol...
Aftermarket Struts and Shocks Manufacturer PRT Signals Strong Commitment to APAC Region with High-Quality and Durable Products
BUFORD, Ga. and SINGAPORE, May 20, 2022 /PRNewswire/ -- With the challenges presented by the on-going pandemic, car owners are finding ways to maximize their vehicles for better performance and longevity. In this regard, shocks and struts manufacturer PRT has been providing high-quality aftermark...
Tantech Received Notification of Deficiency from Nasdaq Related to not timely Filing of Annual Report Form 20-F
LISHUI, China, May 19, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company, today announced it has received a notice of non-compliance from Nasdaq Stock Market LLC ("Nasdaq") on May 18, 2022 stating that, as a result of not having timely fi...
ODIN AUTOMOTIVE REBRANDS AS B-ON AND LAUNCHES FULL SUITE OF ELECTRIFICATION SERVICES
B-ON's proprietary process guides customers through holistic electrification; partnership with Hitachi to power charging and energy management LUXEMBOURG, May 19, 2022 /PRNewswire/ -- Odin Automotive S.à r.l., an automotive holding company led by global automotive experts, announced today in a l...
StradVision to open new Dusseldorf office, Dean Kim appointed VP of Business Development
* StradVision will open its second Germany-based office in Dusseldorf
* Newly minted VP of Business Development Dean Kim will relocate to head
efforts inDusseldorf SEOUL, South Korea and DUSSELDORF, Germany, May 19, 2022
/PRNewswire/ -- StradVision
Launching Our Comprehensive Support Service for Field Test Evaluation May 19, 2022
VeriServe Releases an Experiment and Evaluation Solution for CASE/MaaS TOKYO, May 19, 2022 /PRNewswire/ -- VeriServe Corporation (headquarters: Chiyoda-ku,Tokyo; CEO: Yoshiyuki Shinbori) is delighted to announce that it will launch the Comprehensive Support Service for Field Test Evaluation onMay...
Auto OEMs to Invest US$515 Billion in EV-Related Technologies and Upgrades - But Supply Chain Challenges Remain
A new whitepaper explores the impact the EV transition will have on the automotive supply chain and recommends how OEMs and suppliers can act now to avoid substantial operational disruptions NEW YORK, May 19, 2022 /PRNewswire/ -- Based on updated Electric Vehicle (EV) introduction plans announce...
Cango Inc. Announces a Change to Its Board of Directors
SHANGHAI, May 19, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that Mr.Xiaoyu Liu has tendered his resignation as a director of Cango for personal reasons. Mr. Liu's resignation became effective...
Stringent on Quality & Safety Control, Chery's OMODA Exceeds Expectations of Australian Consumers
CANBERRA, Australia, May 19, 2022 /PRNewswire/ -- Chery's first global model,
OMODA, which will be released toAustralia later in 2022, has already caught the
attention of local consumers for its excellent product quality and safety
performance.
Greenland Technologies to Present at H.C. Wainwright Global Investment Conference
EAST WINDSOR, N.J., May 18, 2022 /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 announced...
Pre-clinical findings support the potential use of RhoVac's drug candidate, onilcamotide, across several cancers
STOCKHOLM, May 19, 2022 /PRNewswire/ -- RhoVac AB ("RHOVAC") today, 18th May 2022, announces preclinical findings from its collaboration with St. John's Research Institute (SJRI), a unit of CBCI Society for Medical Education, in Bangalore India. These findings support the hypothesised tissue agnos...
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