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Autoliv - Financial Report April - June 2021

STOCKHOLM, July 16, 2021 /PRNewswire/ -- (NYSE: ALV) (SSE: ALIV.sdb)  Q2 2021: Recovery in a challenging environment Financial highlights Q2 2021 $2,022m net sales 85% organic sales growth* 8.1% operating margin 8.2% adjusted operating margin* $1.19 EPS - an increase of $3.19 $1.20 adjusted EPS*...

2021-07-16 18:49 42110

CANGO Auto View: New infrastructure building - a basic foundation for smart vehicles

SHANGHAI, July 16, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called "CANGO Auto View" to bring readers, drivers and passengers up to speed with what's on offer in ...

2021-07-16 18:00 36536

TD Holdings, Inc. Announces Entry into Non-Binding Letter of Intent for the Acquisition of Two Companies to Step into Unmanned Logistics and New Energy Vehicle Industry

SHENZHEN, China, July 16, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that it has entered into a non-binding letter of intent (the "LOI") with Guangdong Jinbochuang Special Purpose Vehicle Co., Ltd. and ("J...

2021-07-16 16:37 42772

UL and Singapore's Advanced Remanufacturing and Technology Centre Join Forces to Address New Mobility Opportunities and Challenges

The virtual Realizing the Future of Mobility Now Summit, Aug. 11-13, will help automotive manufacturers and suppliers navigate issues related to autonomous, connected, electric and shared vehicles. NORTHBROOK, Ill., July 16, 2021 /PRNewswire/ -- UL, the global safety science leader, today announ...

2021-07-16 02:20 3552

Tantech Subsidiary Starts Accepting Orders for Innovative Driverless and Manned Street Sweepers; Inventory Built to Fulfill Initial Customer Orders

LISHUI, China, July 15, 2021 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company inChina, today announced that its subsidiary, Lishui Smart New Energy Automobile Co., Ltd., started accepting customer orders onJuly 15, 2021 for two of its new, h...

2021-07-15 21:00 43326

New Ways to #ElectrifyYourLife: Yadea Shakes Up Electric Mobility Industry with Game-changing Innovations

SHANGHAI, July 15, 2021 /PRNewswire/ -- As more people around the world embrace alternative modes of transportation, Yadea, a leading brand in the electric two-wheeler industry, has unveiled a slew of exciting updates to its product range. The announcements were made at a recent press conference ...

2021-07-15 19:02 36098

Next.e.GO Mobile SE, the German BEV producer, announces a new micro factory in Bulgaria

- € 140 Million to be invested in a disruptive and fully connected micro-factory in Lovech,Bulgaria. - With the capacity of up to 30,000 vehicles per year, the start of production is expected in Q1, 2024. - The project underpins company's decentralized global growth strategy, leveraging its dis...

2021-07-15 14:00 3015

MaXpeedingRods Makes Big Moves in 2021

HONG KONG, July 14, 2021 /PRNewswire/ -- Auto parts manufacturer and supplier MaXpeedingRods has had some monumental moments in 2021. One landmark moment comes to the expansion of designated 30 shipping warehouses worldwide and the addition of self-build logisti...

2021-07-14 22:35 1911

NOFFZ Technologies Lauded by Frost & Sullivan for Elevating the Quality of Testing in the Automotive Industry with Its UTP 5065 Radar Test System

Its compact size, flexibility, and accuracy helps clients cost-effectively address the production test requirement of any radar sensor LONDON, July 14, 2021 /PRNewswire/ -- Based on its recent analysis of the European automotive radar test market,Frost & Sullivan recognizes NOFFZ Technologies Gm...

2021-07-14 21:00 1529

Rising Fuel Costs, Pollution, and Urbanization to Propel Electric Vehicle Adoption in India

SANTA CLARA, Calif., July 14, 2021 /PRNewswire/ -- The nascent Indian electric vehicle (EV) market is fast emerging as a sunrise sector, and the country is expected to aggressively push toward electrification. Frost & Sullivan's recent analysis, Indian Electric Vehicle Growth Opportunities, finds...

2021-07-14 20:21 1386

Jiuzi Holdings, Inc. Signs Letter of Intent with China Petrol Technology on the Development of Electric Vehicle Battery Swap Station Network

HANGZHOU, China, July 14, 2021 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ:JZXN; the "Company"), a new energy vehicles franchisor and retailer under the brand name "Jiuzi" inChina, today announced that it has signed a letter of intent (the "LOI") with China Petrol Technology (Shenzhen) Limited ...

2021-07-14 20:00 30926

Davinci Dynamics is set to launch DC100, a new powerful offer of electric motorcycle

BEIJING, July 14, 2021 /PRNewswire/ -- On July 17th, Davinci Dynamics will celebrate its 2021 OPEN DAY and officially launch its first electric motorcycle model: DC100. As an electric motorcycle, the DC100 has powerful performance that can rival the liter bike (1000cc class). Also, it is a two-w...

2021-07-14 18:37 1299

Veoneer Honored Best Quality Award by Great Wall Motor

STOCKHOLM, July 14, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), was awarded the 2020 Best Quality Award at the Great Wall Motor (GWM) Annual Global Partners Conference. On July 4, 2021, GWM arranged their annual global partners conference i...

2021-07-14 17:32 1318

Jeff Evanson Joins p-Chip Corp Advisory Board

CHICAGO, July 14, 2021 /PRNewswire/ -- p-Chip Corp, a company that is revolutionizing the tracking of physical products and materials with its breakthrough microtransponder technology, today announced thatJeff Evanson has joined the company's Advisory Board via an engagement with Traust IP Financ...

2021-07-14 03:54 1801

Gotion High-tech Will Provide Products & Technical Support of Unified Cells for Volkswagen

HEFEI, China, July 13, 2021 /PRNewswire/ -- On July 12, Gotion High-tech and Volkswagen Group reached a strategic cooperation framework agreement . The goal of both partners is to industrialize the planned battery cell production at the Salzgitter site of Volkswagen Group Components, and Gotio...

2021-07-13 21:40 4543

SiriusXM Connected Vehicle named 2020 Company of the Year in the Telematics Industry by Frost & Sullivan for its Connected Vehicle Platform and Groundbreaking New Safety Solution, ACN+

SANTA CLARA, Calif., July 13, 2021 /PRNewswire/ -- Based on its recent analysis of the North American telematics market,Frost & Sullivan recognizes Sirius XM Connected Vehicles Service, Inc. (SiriusXM CV) with the 2020 North American Company of the Year Award in the Telematics Industry. The compa...

2021-07-13 20:00 16430

Automotive Transformation Group Created to Revolutionise Vehicle Sales Enabling Billions in Online Sales as Industry Rapidly Digitises

* Automotive Transformation Group is officially launched today as new entity for recently merged leading auto industry suppliers, Autofutura and GForces * With a mission to transform the automotive sales process for OEMs, dealers, financiers and of course, consumers, its data and technology so...

2021-07-13 17:00 1905

eCommerce to Emerge as Mainstream Distribution Channel in Global Automotive Aftermarket by 2025

Revenues from online sales in the aftermarket are estimated to grow at 14% in 2021, finds Frost & Sullivan SANTA CLARA, Calif., July 13, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Aftermarket Outlook, 2021, finds that the global automotive aftermarket will gather momentum th...

2021-07-13 01:27 1759

The 10 Millionth Engine of GWM is Born and another 23 power plans announced

BAODING, China, July 13, 2021 /PRNewswire/ -- Recently, the 10 millionth engine of GWM's HYCET rolled off the assembly line officially, making GWM the first company with a scale of 10 million engines among Chinese auto brands. HYCET has declared that it will launch 23 engine products based on fou...

2021-07-13 01:24 55029

Inceptio Showcases at WAIC Two Models of Mass-Produced Autonomous-Driving Trucks, Empowered by Its Latest Achievements in Full-Stack AD Technology

SHANGHAI, July 12, 2021 /PRNewswire/ -- At the 2021 World Artificial Intelligence Conference (WAIC) under the theme of "Intelligent Connectivity, Inspirational Cities", Inceptio Technology exhibited world's first two models of mass-produced autonomous-driving (AD) heavy-duty trucks. They were dev...

2021-07-12 23:05 1853
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