Transportation
Hyundai Capital's global net income surpasses 1 trillion won
SEOUL, South Korea, April 16, 2021 /PRNewswire/ -- Hyundai Capital's growth momentum continued globally in 2020 despite the impact of COVID-19. Its global entities and Hyundai Capital Services (HCS), the headquarters inSouth Korea, posted1 trillion won (US$900 million) in combined net income in 2...
DHL Express: Robust e-commerce growth and rise of millennials, means delivery firms must step up their game in the post COVID-19 era
SINGAPORE, April 16, 2021 /PRNewswire/ -- E-commerce's trajectory will continue to rise, as the way we work and live continues to change. What investments are needed in the logistics sphere? It is plain as day that e-commerce has been bolstered during COVID-19 by the strong demand for medical de...
e-Gle's 4th-Generation Air-cooled In-wheel Motor System Receives GB/T18488 Certification for Chinese Motor Standard
KAWASAKI, Japan, April 16, 2021 /PRNewswire/ -- e-Gle Co., Ltd., a developer of in-wheel motors for electric vehicles led by EV pioneerHiroshi Shimizu, has received GB/T18488 certification for its motor system for electric vehicles in China. Please refer to the picture for the motor appearance. ...
Circular Economy Initiatives Around The World Bring Us Closer To Reaching Paris Goals
THE HAGUE, Netherlands, April 16, 2021 /PRNewswire/ -- Several commitments to achieve a worldwide circular economy were made on the two-day high-level World Circular Economy Forum + Climate (WCEF+Climate).The Netherlands Minister for the Environment, Stientje van Veldhoven, said, "With this summi...
Senmiao Technology Announces Cooperation with Hefei Cheyun to Launch Ride-Hailing Business in Hefei, China
CHENGDU, China, April 15, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced the signing of a joint operat...
EZGO Announces Signing Of Distribution Contract To Deliver 10,000 E-bicycles Following Successful Participation In Tianjin International Exhibition
CHANGZHOU, China, April 15, 2021 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or the "Company"), a leading short-distance transportation solutions provider inChina focusing on the sale of two electronic bicycle ("E-bicycle") brands, "Cenbird" and "Dilang," today announced that t...
Practical Methods Offers Anti-Counterfeiting and Traceability Solutions with Digimarc
Extends Digimarc Barcode into South Korea under edgecode® brand BEAVERTON, Ore., April 15, 2021 /PRNewswire/ -- Digimarc Corporation (Nasdaq: DMRC), creator of the Digimarc Platform for digital identification and detection, announced today an agreement withSeoul, South Korea-based Practical Meth...
Crane Capacity Record Breaker: XCMG Crawler Crane XGC88000 Completes Installation of 2600-ton Hydrogenation Reactor in China 10 Days Ahead of Schedule
LIANYUNGANG, China, April 15, 2021 /PRNewswire/ -- XGC88000, the world's largest crawler crane developed by XCMG (SHE:000425) with a record-breaking capacity of 4,000 tons, has once again set a new hoisting record onApril 10 at the Shenghong refinery project construction site in Lianyungang,Jiang...
China Automotive Systems' South American Unit Sales to Increase Approximately 200% In 2021
WUHAN, China, April 15, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that its joint venture, Brazil Henglong, expects an approximate 200% increase in its steering unit...
MPC Container Ships Announces Support of Eyesea
OSLO, Norway, April 15, 2021 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company", together with its subsidiaries the "Group"), is pleased to announce its support and membership of the recently launched Eyesea initiative. Eyesea, with the support of the shipping and maritime industry,...
Frost & Sullivan Examines Global Opportunities for Fuel Cell Trucks in Hydrogen Economies
Webinar will analyze the product and opportunity landscape of fuel cell trucks as well as growth strategies across the supply chain SANTA CLARA, Calif., April 15, 2021 /PRNewswire/ -- The global automotive industry is rapidly evolving in terms of technology and tackling environmental issues. The...
Arriver™ to start deploying software on Qualcomm Snapdragon Ride Platform - a step further towards semi-autonomous driving
STOCKHOLM, Sweden, April 15, 2021 /PRNewswire/ -- The software company Arriver™ has started operations and taken additional steps on its journey towards providing leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving. Arriver has started to optimize and deploy state-of...
Johnson Matthey part of new European consortium to develop advanced fuel cell technology for heavy duty trucks
- European supported project "IMMORTAL" launched to develop advanced fuel cell technology for heavy duty trucks with the goal of decarbonising freight transport. - IMMORTAL is a €3.8 million, three year project supported by the European Fuel Cells and Hydrogen Joint Undertaking (FCH 2 JU), which...
Industry high 98% efficiency demonstrated by AImotive and Nextchip
Demonstrating industry-leading NPU efficiency for demanding automotive vision NN workloads, as first samples delivered to lead customers BUDAPEST, Hungary and SEOUL, South Korea, April 15, 2021 /PRNewswire/ -- AImotive, the world-leading supplier of scalable automated driving technologies and Ne...
Detrack, Singapore's First SaaS Real-time E-POD, is Leading the Way in Last Mile Delivery Technology
SINGAPORE, April 15, 2021 /PRNewswire/ -- With stay-at-home shopping, seamless fulfilment, and contactless distribution here to stay, last mile delivery becomes a big part of customer satisfaction. Tackling the challenges of transparency and visibility in the delivery network,Singapore's leading ...
Tree Technologies Inks Deal To Supply 200,000 E-Motorbikes To Indonesia
- Multi-year deal sees a minimum of 10,000 units in 2021 - Up to 90,000 units in 2022 - Up to 100,000 units in 2023 - Total deal value is US$274m SELANGOR, Malaysia, April 14, 2021 /PRNewswire/ -- Tree Technologies Sdn Bhd (Treeletrik), a Malaysian home-grown electric vehicles (EV) maker with a...
Honeywell Launches Warehouse Management System Software-as-a-Service Offering to Support E-Commerce in Southeast Asia
KUALA LUMPUR, Malaysia, April 14, 2021 /PRNewswire/ -- Honeywell (NYSE: HON)
today announced the launch of a new software-as-a-service offering of its
Warehouse Management System (WMS)
Empowering Xpeng P5: Livox Officially Releases HAP Lidar
SHENZHEN, China, April 14, 2021 /PRNewswire/ -- Ever since its establishment, Livox has determined to be a pioneer to inaugurate the era of spatial intelligence with the mission of promoting the large-scale application of lidar. With products as its ambassadors, Livox has continuously launched c...
Dada Group Brings Supermarkets New Growth by Focusing on Consumers' Need: A Case Study of CR Vanguard
SHANGHAI, April 14, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, andChina Resources Vanguard ("CR Vanguard"), one of China's largest supermarket chain enterprise groups, announced that they have expanded their partnership w...
In-Vehicle Advertising to Fall Flat - Commerce Is The New Revenue Stream For Car Makers
OEMs will make US$3.94 billion in revenues with In-vehicle payments in 2026 LONDON, April 14, 2021 /PRNewswire/ -- Connected vehicle subscriptions hardly offset the costs of providing connectivity, so OEMs are looking for strategies to extract revenue from their installed base. In-vehicle adverti...
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