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Mando agrees to acquire Mando Hella Electronics (MHE) and expects synergy in the autonomous driving business
SEOUL, South Korea, Feb. 3, 2021 /PRNewswire/ -- On February 3rd, Mando, a leading company in automotive parts, has signed a share purchase agreement (SPA) to acquire 100% of the equity in MHE, a joint venture between Halla Holdings of Korea and HELLA. MHE, founded in 2008, is a joint venture be...
Veoneer: Financial Report October - December 2020
STOCKHOLM, Feb. 3, 2021 /PRNewswire/ -- Financial Summary - Q4'20 * Financial performance better than expectations * Net Sales $455 million, Organic Sales1 increase 17% * Active Safety Net Sales increase 38%, Organic Sales increase 31% *...
Human Horizons HiPhi X Super SUV Wins IDA Gold Award
SHANGHAI, Feb. 3, 2021 /PRNewswire/ -- Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This mark...
The Fusion Project Works to Accelerate Data Management for Connected and Autonomous Vehicles
Airbiquity, Cloudera, NXP, Teraki, and Wind River Join Forces to Create an End-to-End Data Lifecycle Platform for Automakers SEATTLE, Feb. 3, 2021 /PRNewswire/ -- Airbiquity®, Cloudera, NXP® Semiconductors, Teraki™, and Wind River® today announced The Fusion Project, an automotive industry colla...
Japan's ARM Co. Launches "ARMCODE1," AI for Full Automation of NC Programming, for Limited Sale to China
KANAZAWA, Japan, Feb. 3, 2021 /PRNewswire/ -- ARM Co., Ltd. (ARM) has begun
taking pre-orders for "ARMCODE1," which can fully automate NC programming by
AI, from Chinese users.
Photo1:
https://kyodonewsprwire.jp/prwfile/release/M106467/202101280315/_prw_PI1fl_aUh7KJ25.jpg
'Quick Nick' Tests Battista Prototype As hyper GT Development Accelerates
- Ex-Formula 1 and Formula E racer Nick Heidfeld brings his expertise to the test programme of the Battista pure-electric hyper GT - Heidfeld joins Vehicle Development team at Nardò Technical Center in Italy for his debut Battista test, as engineers fine-tune its bespoke dynamics package - Heidf...
SKF Year-end report 2020
GOTHENBURG, Sweden, Feb. 2, 2021 /PRNewswire/ -- Alrik Danielson, President and CEO: "I would like to thank everyone in SKF for contributing to making 2020 the year in which we delivered on our strategy in earnest, a fact which is reflected in yet another very strong set of results, not least d...
Autohome Inc. Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results
BEIJING, Feb. 2, 2021 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina , today announced its unaudited financial results for the fourth quarter and full year endedDecember 31, 2020. Fourth Quarter 2020 Highl...
GAC MOTOR becomes the "industrial link" for the deepening of Sino-Kuwaiti bilateral cooperation
GUANGZHOU, China, Feb. 2, 2021 /PRNewswire/ -- March 22, 2021, marks the 50th anniversary of establishing diplomatic ties betweenChina and Kuwait. Kuwait is the first country in the Gulf Arab States to establish diplomatic relations with China. Since initiating diplomatic ties in 1971, bilateral r...
Karma Automotive And Blue World Technologies To Collaborate On Fuel Cell Propulsion System
IRVINE, Calif. and AALBORG, Denmark, Feb. 2, 2021 /PRNewswire/ -- Karma Automotive today announced that it has agreed to collaborate with Blue World Technologies to explore the viability of a fuel cell system to provide primary propulsion power for a variety of future passenger and light commerci...
Autohome Inc. Announces Results of Extraordinary General Meeting
BEIJING, Feb. 2, 2021 /PRNewswire/ -- Autohome Inc. ("Autohome" or the "Company ") (NYSE: ATHM), a leading online destination for automobile consumers inChina, today announced that each of the following proposed resolutions submitted for shareholder approval has been adopted as a special resolutio...
Closing of Highly and Marelli Auto Parts Joint Venture Project
SHANGHAI, China and SAITAMA, Japan, Feb. 2, 2021 /PRNewswire/ -- Shanghai Highly (Group) Co., Ltd., ("Highly Group"), the world's leading R&D manufacturer of core components and cooling & heating related products for white home appliances and new energy vehicles, and Marelli Holdings ("Marelli")...
Hasco Suzhou Awarded TÜV Rheinland World's First IEC 61810-10:2019 Type Approval Certificate for Relay
SUZHOU, China, Feb. 2, 2021 /PRNewswire/ -- Recently, TÜV Rheinland Greater China (TÜV Rheinland), an international independent third-party testing, inspection, and certification organization, awarded Hasco (Suzhou) Electronics Co., Ltd. (Hasco Suzhou), subordinate to Hasco Relays & Electronics I...
Kia starts pilot of last-mile delivery service in Singapore for future PBV business
* Kia to begin a breakthrough pilot project in last-mile delivery in Singapore in partnership with cold chain startup 'S.lab Asia Inc.' * Electric Purpose Built Vehicles (PBV) optimized for last-mile delivery services will help keepSingapore's city center clean * Kia will utilize Niro EV mod...
Senmiao Technology Announces Strategic Cooperation Agreement with Electric Vehicle Charging Operator Chengdu Xingchong
CHENGDU, China, Feb. 1, 2021 /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 announced the sign...
Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership
* JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team * Co-development of the first ever two-seater electric race car powered using JM'seLNO® battery cathode materials * Multi year sponsorship of the Envision Virgin Racing team ...
TI Fluid Systems Launches Innovative HEV Plastic Fuel Tank Technology With Volkswagen
AUBURN HILLS, Mich., Jan. 29, 2021 /PRNewswire/ -- TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide a new generation of plastic fuel tank design capable of meeting the stringent pressure demands within a hybrid ele...
China's automotive industry intensifies electrification efforts, sustainability a key focus, finds KPMG
HONG KONG, Jan. 29, 2021 /PRNewswire/ -- Increased consumer demand for sustainable vehicle options and policy evolutions have drivenChina's automotive industry participants to intensify their efforts on electrification, according to KPMG's latest research report. As part of the fourth KPMG China ...
New sealant using TFS's Teonex™ film adopted in Toyota's new fuel cell vehicle Mirai
OSAKA, Japan, Jan. 29, 2021 /PRNewswire/ -- Toyobo Film Solutions Ltd. (TFS) has developed a sealant based on its TeonexTM for fuel cells* to be equipped in fuel cell vehicles (FCV), and the product was adopted in the latest model of the Mirai eco-car, which Toyota Motor Corporation began selling...
Electric vehicles: Shorter charging times thanks to high-pressure heat exchanger from BENTELER
SALZBURG, Austria and PADERBORN, Germany, Jan. 28, 2021 /PRNewswire/ -- Together with range, battery charging time is one of the key issues in electromobility. "Car owners don't like the fact that the charging process currently still takes a relatively long time. They feel that this restricts th...
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