Transportation
Kia reveals new design philosophy and full images of EV6
- 'Opposites United' is Kia's design philosophy for all future vehicles - Philosophy formed of five pillars: Bold for Nature, Joy for Reason, Power to Progress, Technology for Life, and Tension for Serenity - EV6 exterior design characterized by high-tech details - Modern and spacious interi...
MingZhu Logistics Holdings Limited Announces Closing of $20 Million Registered Direct Offering
SHENZHEN, China, March 12, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), aChina-based trucking services provider, today announced that it has closed a registered direct offering of an aggregate of 3,333,335 units of its securities (each, a "Unit"), with e...
Tantech's Shangchi Fulfills OEM Midibus Order
LISHUI, China, March 12, 2021 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company inChina, today announced its subsidiary, Shangchi Automobile Co., Ltd. ("Shangchi"), fulfilled an OEM order to assemble two prototype midibuses. The vehicles were...
BEST Inc. Announces Strategic Partnership with Sinolink Yongfu Asset Management
* As the initial step to the partnership, BEST has sold RMB517 million worth of assets related to its BEST Capital unit to Sinolink * Transaction will allow BEST to reinforce its balance sheet, enhance liquidity and allow a greater focus on its core businesses HANGZHOU, China, March 12, 2021 ...
Cutting-edge Scale-Out Technology from Toshiba will Take Fintech and Logistics to New Level
TOKYO, March 12, 2021 /PRNewswire/ -- Toshiba Corporation (TOKYO: 6502), the industry leader in solutions for large-scale optimization problems, today announced a scale-out technology that minimizes hardware limitations, an evolution of its optimization computer, the Simulation Bifurcation Machin...
LG Energy Solution Expands U.S. Investment for Future Innovation
SEOUL, South Korea, March 11, 2021 /PRNewswire/ -- LG Energy Solution today announced that by the end of 2025, the company will invest more than$4.5 billion (KRW 5 trillion) in the company's own U.S. business to further expand its battery production capacity. This new investment will allow the co...
Cango Inc. Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
SHANGHAI, March 11, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced its unaudited financial results for the fourth quarter and full year of 2020. Fourth Quarter 2020 Financial and Operational High...
Cango Inc. Declares Special Cash Dividend
SHANGHAI, March 11, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that its Board of Directors has approved and declared a special cash dividend ofUS$1.00 per American depositary share (or US$0.50...
Tech Innovation Drives Development of Chengdu-Chongqing Economic Circle
CHENGDU, China, March 11, 2021 /PRNewswire/ -- News provided by China Report:
ESG Group, TrueGreen, commences pre-IPO raise of $100 million
SYDNEY, March 11, 2021 /PRNewswire/ -- On the back of the recent announcement of the long-term exclusive agreement for the distribution of BYD right hand drive electric vehicles inAsia Pacific, TrueGreen Impact Group will be launching the Pre IPO investment rounds for their EV Mobility division. ...
Hyundai Motor Offers First Peek at STARIA, New MPV with Premium and Futuristic Design
* Hyundai's new MPV model is equipped with futuristic design cues and space innovation providing premium in-car experience SEOUL, South Korea, March 11, 2021 /PRNewswire/ -- Hyundai Motor Company today unveiled the teaser images of STARIA, the brand's new multi-purpose vehicle (MPV) lineup. The...
BEST Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results
HANGZHOU, China, March 10, 2021 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 202...
Körber unveils next-generation cloud-based technology platform for supply chain at Elevate Americas
Kӧrber One empowers businesses worldwide with unmatched breadth of technologies for the entire logistics workflow HAMBURG, Germany, March 11, 2021 /PRNewswire/ -- Körber announces the evolution of its flagship technology platform, Kӧrber One, at its annual supply chain user conference,Elevate Am...
Körber re-imagines supply chains worldwide through unrivaled solution portfolio at Elevate Americas
End-to-end technology and services empower businesses to adapt and thrive in new era of supply chain HAMBURG, Germany, March 11, 2021 /PRNewswire/ -- Körber, this week at its annual supply chain user conference Elevate, is demonstrating the capabilities of its unmatched breadth of technologies a...
MingZhu Logistics Holdings Limited Announces $20 Million Registered Direct Offering
SHENZHEN, China, March 10, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), aChina-based trucking services provider, today announced that it entered into securities purchase agreements with certain institutional investors in connection with a registered dire...
TD Holdings, Inc. Announces Exercise of Warrants for An Aggregate of 808,891 Shares of Common Stock
SHENZHEN, China, March 10, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced a waiver and warrant exercise agreement by the Company and several accredited investors, pursuant to which certain accredited investors...
Via acquires Remix to create the first end-to-end TransitTech solution for cities and transit agencies
Acquisition brings together two category leaders to establish a complete technology platform that powers equitable, accessible, and efficient transportation for communities across the globe. NEW YORK, March 10, 2021 /PRNewswire/ -- Via, the leader in TransitTech, announced today that it has acqu...
ThunderSoft and Human Horizons Announced a Joint Venture to Develop SOA Framework for Connected Vehicles
SHANGHAI, March 10, 2021 /PRNewswire/ -- ThunderSoft (SZ:300496), the world leading operating system products and technologies provider recently reached an agreement with Human Horizons to establish a new joint venture, which will focus on the development of SOA framework for next-generation conn...
Nippon Express Begins China-Vietnam Cross-border Rail Transport Service
TOKYO, March 10, 2021 /PRNewswire/ -- The East Asia Region section of Nippon Express Co., Ltd. launched a new cross-border rail freight service from Suzhou, China, to Hanoi, Vietnam, on Wednesday, February 24, using international rail lines connectingChina and Vietnam. Logo: https://kyodonewsprwi...
EXIM Automation Platform Shipsy Ventures in SEA Market, Signs up Key Partners
GURUGRAM, India, March 10, 2021 /PRNewswire/ -- Shipsy, an India based SaaS venture is planning to strengthen its global business strategy by expanding their services to South East Asian countries. Backed with funding from Sequoia Surge & InfoEdge, Shipsy is sailing high to enter the trade dom...
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