Transportation
The fourth CIIE presages commendable prospects for 2022
SHANGHAI, Nov. 16, 2021 /PRNewswire/ -- Despite ongoing uncertainties facing the world economy, opening-up, development opportunities, and economic globalization are three counters to those headwinds, and all were present at the fourth China International Import Expo (CIIE) convening fromNov 5 to...
Change of CEO for Concordia Maritime
GÖTEBORG, Sweden, Nov. 16, 2021 /PRNewswire/ -- Erik Lewenhaupt will take over as CEO of Concordia Maritime on1 January 2022. Erik succeeds Kim Ullman, who has informed the Board of his wish to step down as CEO and retire. Erik Lewenhaupt has a long track record in tanker shipping. He started his...
Global e-bike innovator Zoomo raises $60M to lead commercial e-bike industry
* The equity raise was led by climate-action focused Australian VC Grok Ventures and positions Zoomo as the leader in the provision of e-bikes for delivery use * Skip Capital and ArcTern Ventures also join the Series B funding round * The round is supported by a world-first asset backed debt...
Hyundai Mobis to assist driving in a narrow street with its new automated urban driving system
* An integrated system enabling Narrow Space Assistance (NSA), Reverse Assistance (RA), and Remote Smart Parking Assistance (RSPA) based on software logic and ultrasonic sensors * Operates even with just 16 inches on both sides in a narrow street, with autonomous driving technology specialize...
IAR Systems enables next generation automotive applications with NXP's S32K3 MCU family
UPPSALA, Sweden, Nov. 15, 2021 /PRNewswire/ -- IAR Systems®, the world leader in software tools and services for embedded development, today presented the latest addition to its extensive list of microcontrollers (MCUs) supported by IAR Embedded Workbench for Arm. Now available is support for NXP...
XCMG Reveals Sky Mirror HD+, a New Global Brand of High-End Road Machinery Products
XUZHOU, China, Nov. 15, 2021 /PRNewswire/ -- XCMG (SHE:000425) recently
launched Sky Mirror HD+, a new global brand from XCMG Road Machinery offering
high-end products designed for high-grade asphalt pavement applications on
November 11 in Xuzhou, China.
Autohome Inc. to Hold 2020 Annual General Meeting on December 16, 2021
BEIJING, Nov. 15, 2021 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced that it will hold its annual general meeting of shareholders at 18th Floor Tower B, CEC Plaza, 3 Dan Ling S...
Intelligent Systems | Tech Helps GAC Jump to 176th on the Fortune 500
GUANGZHOU, China, Nov. 15, 2021 /PRNewswire/ -- For almost 25 years, GAC has strengthened independent innovation on the basis of joint ventures and cooperation, as well as through extensively funding of the GAC R&D Centers. This investment in technology has yielded great results: as ofAugust 2, 2...
Smart is the new Safety! GWM Pickup awarded with the latest stringent A-NCAP five-star safety ratings
BAODING, China and MELBOURNE, Australia, Nov. 15, 2021 /PRNewswire/ -- In Melbourne on 12th November, Australasia's independent vehicle safety authority, A-NCAP SAFETY, announced a 5 star A-NCAP safety rating for all GWM Ute dual cab utilities built from 1 August 2021. The Ute has been assessed a...
Hyundai Mobis will assist drivers with the world's first urban ADAS system when facing a narrow street, a dead end, or a parking problem
* An integrated system enabling Narrow Space Assistance (NSA), Reverse Assistance (RA), and Remote Smart Parking Assistance (RSPA) based on software logic and ultrasonic sensors * Operates even with just 16 inches on both sides in a narrow street, with autonomous driving technology specialize...
Autoliv and SSAB collaborate to produce the world's first fossil-free steel components in automotive safety products
STOCKHOLM, Nov. 15, 2021 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, and global steel company SSAB, have initiated a collaboration to research and develop fossil-free steel components for automotive safety products, such as airbags ...
Marine Online Offers Alternative Avenues For Stranded Cargo Owners
SINGAPORE, Nov. 15, 2021 /PRNewswire/ -- The maritime industry has not recovered from the effects of COVID-19. Brokers are also facing supply challenges as most of their available vessels are chartered out. That compromises traditional intermediaries' effectiveness; their available pool of ships...
GAC Group Attends 11th Macau Auto Show, Opens First Macau Showroom
GUANGZHOU, China, Nov. 15, 2021 /PRNewswire/ -- On November 12, the 2021 China ( Macau) International Automobile Exposition (starting now referred to as the Macao Auto Show) opened at the Venetian Macao Convention and Exhibition Center. GAC Group took the EMPOW, M8 Master, and the second generatio...
StradVision Showcasing Latest Technology for Autonomous Vehicles at Automotive Tech Week 2021
NOVI, Mich., Nov. 12, 2021 /PRNewswire/ -- StradVision
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for October 2021
CHENGDU, China, Nov. 12, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (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 operating...
Linklogis Contributes to China (Shenzhen)-Singapore Smart City Initiative
SHENZHEN, China, Nov. 12, 2021 /PRNewswire/ -- Shenzhen Commercial Bureau, Singapore's Ministry of Communications and Information (MCI), and Infocomm Media Development Authority (IMDA) have announced four new memoranda of understandings (MoUs) and detailed the early achievements of the first phas...
TuanChe Announces Receipt of Withdrawal of Going Private Proposal
BEIJING, Nov. 12, 2021 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the " Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it has recently received a notice from its chairman and chief executive officer, Mr. Wei Wen ("Mr. Wen"), stating that in or...
China Automotive Systems Reports Unaudited 2021 Third Quarter Results
WUHAN, China, Nov. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2021. ...
Eskute: An E-bikes Newcomer Is Settling In European Market
LONDON, Nov. 12, 2021 /PRNewswire/ -- Eskute, a fast-growing e-Bike company, invited riders to share their experience of riding e-Bikes with its "My Eskute Riding Story" competition betweenOctober 23-29, which aimed to call for the Eskute community to publish their Eskute e-bike experience onFace...
Autoliv investing in Japan to optimize footprint for future growth
STOCKHOLM, Nov. 12, 2021 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb),the worldwide leader in automotive safety systems, today announced the launch of aJapan footprint optimization plan, including the establishment of a new state of the art production facility in centralJapan and ...
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