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World's First Fuel Cell Heavy-Duty Truck, Hyundai XCIENT Fuel Cell, Heads to Europe for Commercial Use
* Hyundai Motor is shipping the first 10 units of XCIENT Fuel Cell, the world's first fuel cell heavy-duty truck, toSwitzerland * Hyundai will roll out 50 trucks this year and total of 1,600 units by 2025 * Powered by 190-kW hydrogen fuel cell system, XCIENT Fuel Cell can travel approximatel...
Strict Emission Standards and Rising EV Sales to Fuel Application of Li-ion Battery Materials Globally
Li-ion is expected to remain the battery technology of choice for electric vehicles until 2026, finds Frost & Sullivan SANTA CLARA, California, July 6, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Global Li-ion Battery Materials Market, Forecast to 2026, estimates that the global mark...
XCMG Celebrates Partnership Achievements with Industry Partners on International Day of Cooperatives
XUZHOU, China, July 4, 2020 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE: 000425) is celebrating the 2020 International Day of Cooperatives onJuly 4 through a retrospective of its successful partnership achievements with top global industry partners over the past ...
China's CRRC Celebrates International Day of Cooperatives with Strengthened Ties and More Support for Australian Rail Industry
SYDNEY, July 4, 2020 /PRNewswire/ -- One of the world's largest rail transportation equipment companies, China Railway Rolling Stock Corporation (CRRC, 1766.HK), has recently released the 2019 Australian Corporate Social Responsibility Report. Highlighting the company's efforts to support local ...
GAC MOTOR's highly popular GS5 and GN6 is officially released in Saudi Arabia
RIYADH, Saudi Arabia, July 3, 2020 /PRNewswire/ -- On June 25, 2020, GAC MOTOR
unveiled the fully upgraded GS5 & GN6 in an extraordinary "online press
conference" inSaudi Arabia, and a live worldwide broadcast through YouTube
CRRC Releases Its 2019 Australia Sustainability Report
SYDNEY, July 3, 2020 /PRNewswire/ -- China Railway Rolling Stock Corporation (CRRC,1766.HK), one of the world's largest rail transportation equipment companies, has released its 2019 Australia Sustainability Report. In a comprehensive overview of its key CSR priorities and initiatives, the report...
INEOS Styrolution helps to open schools in China by giving COVID-19 care packs to schools in Foshan
FOSHAN, China, July 3, 2020 /PRNewswire/ -- INEOS Styrolution has given 1,830 COVID-19 care packs to school children and teaching staff from Jinben Primary and Jinben Middle Schools, to help with the safe reopening of schools in the Foshan region. The contribution is supported bythe INEOS Interna...
Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds
SEOUL, South Korea, July 2, 2020 /PRNewswire/ -- Hyundai Mobis(KRX:012330), which has been devoted to securing future car technologies by developing proprietary technologies and investing directly in global leaders, is diversifying its investment strategies by investing in global venture funds, ...
TuanChe Announces Unaudited First Quarter 2020 Financial Results
BEIJING, July 2, 2020 /PRNewswire/ -- TuanChe Limited ("TuanChe", "Company" ,"we" or "our") (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2020. Key First Quarter 2020 Financial and Operat...
Veoneer and Volvo Cars Finalize Split of Software Joint Venture Zenuity
STOCKHOLM, July 2, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and syst...
Jebsen Motors celebrates half-decade of top honours with 2019 Porsche China's Dealer of the Year award
HONG KONG, July 2, 2020 /PRNewswire/ -- Jebsen Motors has taken top honours in
the 2019 Porsche China's Dealer of the Year for the fifth consecutive year,
marking a half-decade of continuous success in theGreater China market.
Lear Recognized by General Motors as 2019 Supplier of the Year Winner
SOUTHFIELD, Mich., July 2, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year a...
LED High-beam Technology is the Future of Automotive Headlights in Europe
In the European lighting components aftermarket, halogen lamps are gradually being replaced as LED components yield growth, finds Frost & Sullivan SANTA CLARA, California, July 1, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Growth Opportunity Evaluation in the European Lighting Compo...
GAC MOTOR's GS5 and GN6 to be launched in Saudi Arabia, Expanding Its Presence in Middle East
RIYADH, Saudi Arabia, July 1, 2020 /PRNewswire/ -- GAC MOTOR is set to launch its two highly anticipanted models, the GS5 and the GN6, inSaudi Arabia on June 25th. The GS5, a luxury SUV, has attracted much attention for its smooth handling and superior power. As a versatile MPV, GN6's large and f...
INEOS Automotive Reveals the Design of Its Upcoming 4x4, the Grenadier
- "Form follows function" in an engineering-led design process focused on delivering a vehicle to do a job - Development programme moving forward, with prototype testing now on the march towards accumulating 1.8 million kilometres on and off-road over the coming year - Created to fulfil the vis...
Announcement of Change in the Total Number of Votes in AB SKF
GOTHENBURG, Sweden, June 30, 2020 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 30 June, the Company's share capital amounts to SEK 1,138,377,670 and the total number of shar...
XCMG Foundation Machinery Completes Challenging Public Transportation Work, Aiding Regional Economical and Industrial Development
SHANTOU, China, June 30, 2020 /PRNewswire/ -- Seven XCMG (SHE: 000425) XR550D rotary drilling rigs have successfully completed their service on the Niutianyang Bridge project as the last drilling pile of the north main pier was poured onMay 23. The mega public transportation project in Shantou, G...
Car Makers Ramp Up Electric Vehicle Production Capacity in Thailand, Investment Board Says
BANGKOK, June 30, 2020 /PRNewswire/ -- Amid the rising adoption of cleaner cars around the globe, theThailand Board of Investment (BOI) has already approved 24 projects by car makers to produce in the country electric vehicles of all types, including hybrid electric vehicles (HEVs), plug-in hybri...
Veoneer Recognized by General Motors as a 2019 Supplier of the Year Winner
STOCKHOLM, June 30, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year awards on Wednesday, June ...
SKF Announces Changes to Group Management
GOTHENBURG, Sweden, June 30, 2020 /PRNewswire/ -- Bernd Stephan, President, Automotive and Aerospace, has stepped down from his role in Group Management for health reasons. Responsibility for Automotive sales and the Aerospace business unit has been assumed on an interim basis byAlrik Danielson,...
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