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Greenland Technologies Holding Launches New Division; Company Enters the Electric Industrial Vehicle Market
HOWELL, N.J., Dec. 7, 2020 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of forklift transmission and drivetrain systems, announced today the launch of a new division focused on the electric industrial vehicle mark...
China Automotive Systems Announces Hearing on February 5, 2021 on Proposal to Settle Stockholder Derivative Lawsuit
WUHAN, China, Dec. 7, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that a settlement hearing will be held onFebruary 5, 2021 at 11:00 a.m. EST at the Court of Chancery...
Xinhua Silk Road: China's iconic sedan brand Hongqi unveils new luxury electric SUV model E-HS9 at Boao Forum
BEIJING, Dec. 7, 2020 /PRNewswire/ -- Hongqi, a brand under China's leading
automaker FAW Group, unveiled its new model E-HS9 at the 2020 Boao Forum for
Entrepreneurs late Friday.
Diamond Electric Holdings Develops 7.4 kW Vehicle-to-Everything (V2X) Onboard Charger with One of World's Highest Power Density
OSAKA, Japan, Dec. 7, 2020 /PRNewswire/ -- Diamond Electric Holdings (DIAMOND), which holds two core companies, Diamond Electric and Tabuchi Electric, announced onDecember 3 that it has developed a 7.4 kW vehicle-to-everything (V2X, X stands for Grid, Home, and Load) onboard charger (OBC) with on...
XCMG Delivers 10 units of XCA1600 Super All-terrain Cranes at bauma China 2020; Signs Multiple Deals Totaling CNY2 Billion on Opening Day
SHANGHAI, Dec. 7, 2020 /PRNewswire/ -- XCMG (000425.SZ) delivered 10 units of XCA1600 all-terrain cranes on the opening day of baumaChina 2020 in Shanghai. It's the smallest 1,600-ton super crane in size with the most considerable hoisting capability and most robust functions. XCMG also signed mu...
XCMG Delivers Advanced Wheel Bulldozer to Mongolia, Improving Efficiency for Mining Industry
XUZHOU, China, Dec. 7, 2020 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has delivered a DL560 wheel bulldozer - its largest wheel loader - toMongolia. The delivery marks full access for the Mongolia mining industry to XCMG's entire product line of large-tonnage lo...
XCMG Delivers Advanced Wheel Bulldozer to Mongolia, Improving Efficiency for Mining Industry
XUZHOU, China, Dec. 5, 2020 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has delivered a DL560 wheel bulldozer - its largest wheel loader - toMongolia. The delivery marks full access for the Mongolia mining industry to XCMG's entire product line of large-tonnage lo...
XCMG Delivers 10 units of XCA1600 Super All-terrain Cranes at bauma China 2020; Signs Multiple Deals Totaling CNY2 Billion on Opening Day
SHANGHAI, Dec. 5, 2020 /PRNewswire/ -- XCMG (000425.SZ) delivered 10 units of XCA1600 all-terrain cranes on the opening day of baumaChina 2020 in Shanghai. It's the smallest 1,600-ton super crane in size with the most considerable hoisting capability and most robust functions. XCMG also signed mu...
Born2Global Centre to Accelerate Cultivation of Innovative Mobility Startups for Self-driving Era
SEOUL, South Korea, Dec. 4, 2020 /PRNewswire/ -- Born2Global Centre (Born2Global) revealed the four innovative mobility startups it is intensively incubating in anticipation of the coming prevalence of autonomous driving. Born2Global jointly hosted an online global mobility business meet-and-gree...
Gubagoo Releases Revolutionary Automotive Digital Retailing Platform
Powering Asbury Automotive's new eCommerce offering 'Clicklane', Virtual Retailing 2.0 is now available to dealers nationwide. BOCA RATON, Fla., Dec. 3, 2020 /PRNewswire/ -- Gubagoo – the leading provider of digital retailing, conversational commerce, chat, and messaging solutions for Automotive...
USI Announces Completion of Acquisition of Asteelflash
SHANGHAI, Dec. 3, 2020 /PRNewswire/ -- Universal Scientific Industrial (Shanghai ) Co., Ltd. ("USI", SSE: 601231), a world-leading company in electronic design, manufacturing services, and modularization solution, is pleased to announce today that it has successfully completed the acquisition (the...
China Automotive Systems Registered Record High Monthly Shipments to Commercial Vehicle Market in China
- Reached monthly run rate of 70,000 steering units shipped to leading Chinese OEMs andNorth America aftermarket - - New steering product and production line are ready for autonomous driving trucks and buses - WUHAN, China, Dec. 3, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: ...
Xinhua Silk Road: China's iconic sedan brand Hongqi to launch E-HS9 at Boao event after 6,170-km journey
BEIJING, Dec. 3, 2020 /PRNewswire/ -- A fleet of nine E-HS9, the latest electric SUV model by Hongqi, hit the road onNovember 15 in northeastern China Changchun city and headed for southern China Haikou where it would be officially launched for the market at the upcoming 2020 Boao Forum for Entr...
Deloitte 2020 White Paper of China Automotive Aftermarket Highlights Digitalization and its Impact on China's Market
BEIJING, Dec. 3, 2020 /PRNewswire/ -- In its latest report 2020 White Paper of China Automotive Aftermarket, Deloitte highlighted several core insights that shaped and continues to transform this fast-growing sector, as well as future developments to watch. The report not only covered trends i...
Nexteer and Continental Joint Venture CNXMotion Develops Brake-to-Steer Technology
Enhances the Steering "Safety Net" in Highly Automated Driving * Pioneers use of electronic braking as an additional layer of steering control for traditional, highly automated & autonomous vehicles (Automation Levels 1 - 5) * Offers a cost-effective approach to achieve advanced safety * Le...
INTEGRITY Security Services (ISS) and Unex Collaborate to Deliver Secure V2X Communications for Smart Infrastructure and Connected Vehicles
HSINCHU, Dec. 2, 2020 /PRNewswire/ -- Unex
Ideanomics' Treeletrik Announces the Hire of Volkswagen Veteran, Richard Teoh, as its Chief Financial Officer
- Former Director of Group Finance Controlling at Volkswagen Group Malaysia - Over 20 years of financial leadership experience - With his rich background in automotive, manufacturing, and construction industries throughout ASEAN, Mr. Teoh will be instrumental in fueling Treeletrik's growth N...
Ideanomics' Treeletrik Announces the Hire of Volkswagen Veteran, Richard Teoh, as its Chief Financial Officer
- Former Director of Group Finance Controlling at Volkswagen Group Malaysia - Over 20 years of financial leadership experience - With his rich background in automotive, manufacturing, and construction industries throughout ASEAN, Mr. Teoh will be instrumental in fueling Treeletrik's growth N...
Senmiao Technology Announces Strategic Cooperation with Meituan, China's Leading E-commerce Platform for Services
CHENGDU, China, Dec. 2, 2020 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announcedinitial r...
XCMG E-series Rotary Drilling Rigs Deliver Excellent Performance in Extremely Challenging Projects
XUZHOU, China, Dec. 2, 2020 /PRNewswire/ -- The E-series rotary drilling rigs designed and manufactured by XCMG (000425.SZ) performed exceptionally well in multiple high-profile construction projects with topographical and geological complexities, including the integrated transportation hub inBei...
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