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Hyundai Transys to Premier Sustainably Innovative Future Mobility Design at Lineapelle 2022
* Hyundai Transys to unveil a future mobility seat concept with sustainable leather and innovative materials at Lineapelle 2022 * The seat concept bolsters the company's design and development capabilities and commitment to minimizing waste and upcycling * Italian ambassador to Korea joined ...
Chery to enter the Thai market with its current highest quality products
BANGKOK, Jan. 27, 2022 /PRNewswire/ -- In November 2021, Chery released the OMODA5, the first model of the new-generation design concept ART IN MOTION at the Guangzhou Auto Show inChina, which is expected to be launched to global markets includingAsia, South America, Australia, and Europe by 2022...
CEVA Logistics becomes Team Partner of Scuderia Ferrari and logistics provider for Ferrari racing activities
* CEVA Logistics, part of the CMA CGM Group, to be Team Partner of Scuderia Ferrari under multi-year agreement * As Official Logistics Partner, CEVA will provide support services for Scuderia Ferrari, Ferrari Challenge and other GT race series * Scuderia Ferrari, CEVA share commitment for Ne...
Dismal year for UK car output but investment recovery and electrified charge brighten outlook
- Car production falls -6.7% to 859,575 units due to multiple factors, most Covid-related. - UK electrified vehicle output surges, up 29.6%, to more than a quarter of production. - Factories turn out record number of battery electric vehicles, volumes up 72.0%. - Grounds for optimism in 2022 w...
GWM POER Gains Global Recognition for Its Outstanding Performance
BAODING, China, Jan. 27, 2022 /PRNewswire/ -- Recently, GWM has released the
PICKUP sales which exceeded 233,000 vehicles, up 3.6% year on year. With the
sales reached 127,940 units, POER has beome the most popular model of GWM
PICKUP series.
JIDU Raises Nearly $400 Million in Series A Financing, Mass-produced Models to Be Launched in 2023
BEIJING, Jan. 26, 2022 /PRNewswire/ – Baidu's intelligent electric vehicle arm JIDU announced that it has closed Series A financing, raising nearly$400 million . This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group ("Gee...
Improved Embedded Systems and Maturing Ecosystem Driving EVs Toward the Mainstream
LONDON, Jan. 26, 2022 /PRNewswire/ -- According to ABI Research, a global technology intelligence firm, Electric Vehicle (EV) sales will move from 7% of total new vehicle shipments in 2021 to 19% in 2027. Improved battery range, support for DC fast charging, and higher charging power are OEM embe...
Quanergy Highlights Business Momentum on Path to Publicly Listing on NYSE
* Achieved industry-first 200 meter OPA range milestone * Exceeded 2021 revenue guidance; 32% sequential revenue growth from Q3 '21 * Increased customer count to nearly 400 and global partners to over 50 * Units shipped increased >50% from Q3 to Q4 '21 * Average deal size expanded: 8 deals...
GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing
* 2.8 million-square-foot facility in Lansing, Michigan expected to create 1,700 new manufacturing jobs * Ultium Platform driving GM's commitment to an all-electric future LANSING, Mich., Jan. 26, 2022 /PRNewswire/ -- Ultium Cells, a joint venture of LG Energy Solution and General Motors, tod...
Senmiao Technology Launches Ride-Hailing Platform in Shenyang, A Major City in Northeast China
CHENGDU, China, Jan. 25, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced the launch o...
Greenland Announces Formal Selection of Maryland for Major U.S. Manufacturing Expansion
EAST WINDSOR, N.J., Jan. 25, 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 announce...
Weidai Updates ADS Ratio Change
HANGZHOU, China, Jan. 25, 2022 /PRNewswire/ -- Weidai Ltd. (the "Company" or "Weidai") (NYSE: WEI), a leading auto-backed financing solution provider inChina , today announced that it will change the ratio of its American depositary shares ("ADSs") representing its Class A ordinary shares from one...
China Automotive Systems Signs Supply Contract with SCANIA
WUHAN, China, Jan. 25, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it has entered into an agreement with SCANIA AB ("SCANIA") to develop eRCB steering systems fo...
Halla Holdings Corporation (Mando Brand) Wins TecAlliance Best Data Quality Award 2021
SHANGHAI, Jan. 25, 2022 /PRNewswire/ -- At 3:00 pm, January 12th, Halla Holdings Corporation's Head of China Business Department, Mr.Jonghwa Kim and Chief of Shanghai Office, Mr.Sungtae Kim paid a special visit to TecAlliance Shanghai office to receive TecAlliance Best Data Quality Award 2021 (fo...
GWM's New Category HAVAL DARGO is Entering the Global Market
BAODING, China, Jan. 25, 2022 /PRNewswire/ -- In January, GWM's 3/4 scale model
HAVAL DARGO went on sale inSaudi Arabia and attracted worldwide attention.
FGS Helps Vehicle Owners Achieve Carbon Neutrality for Refueling in Gas Stations
BEIJING, Jan. 24, 2022 /PRNewswire/ -- Recon Technology Limited ("Recon" or the "Company") today announced that Future Gas Station (Beijing) Technology Ltd. ("FGS"), a mainlandChina variable interest entity's subsidiary connected to the Company and a technology service vendor, has assisted aChina...
Neusoft Recognized by TISAX of the European Automotive Industry
SHENYANG, China, Jan. 24, 2022 /PRNewswire/ -- Neusoft Corporation (Neusoft, SSE:600718) has recently obtained the TISAX AL3 assessment, which was officially awarded by DEKRA (German Motor Vehicle Monitoring Association) and represents the highest level of information security assessment and data...
Neusoft Recognized by TISAX of the European Automotive Industry
SHENYANG, China, Jan. 24, 2022 /PRNewswire/ -- Neusoft Corporation (Neusoft, SSE:600718) has recently obtained the TISAX AL3 assessment, which was officially awarded by DEKRA (German Motor Vehicle Monitoring Association) and represents the highest level of information security assessment and da...
Neusoft Recognized by TISAX of the European Automotive Industry
SHENYANG, China, Jan. 24, 2022 /PRNewswire/ -- Neusoft Corporation (Neusoft, SSE:600718) has recently obtained the TISAX AL3 assessment, which was officially awarded by DEKRA (German Motor Vehicle Monitoring Association) and represents the highest level of information security assessment and dat...
Cango Wins Tonghuashun Best IR Award
SHANGHAI, Jan. 24, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that Cango received Tonghuashun's Best IR Award for 2021, highlighting the Company's commitment to excellence and outstanding inve...
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