Auto & Transportation
The EY and Guardtime joint venture company signs agreement with China's Zhuhai Port Holdings for future collaboration
GUANGZHOU, China, May 22, 2019 /PRNewswire/ -- The EY and Guardtime marine insurance blockchain joint venture company Insurwave Limited today announces a new agreement with Zhuhai Port Holdings Group Co., Ltd. to explore and collaborate on shipping logistics and marine insurance to promote fricti...
Tata Elxsi Licenses AUTOSAR Adaptive to Great Wall Motors, China's Largest SUV and Pickup Manufacturer
BEIJING and BANGALORE, India, May 22, 2019 /PRNewswire/ --Tata Elxsi today announced the licensing of their AUTOSAR Adaptive platform to Great Wall Motors. Tata Elxsi's AUTOSAR Adaptive platform, developed in collaboration with a leading European OEM, will help accelerate the development of conne...
GAC Motor International Limited Opens in Hong Kong, Paving the Way for Further Global Brand Expansion
HONG KONG, May 22, 2019 /PRNewswire/ -- GAC Motor, China's leading automaker, hosted the opening ceremony of GAC Motor International Limited in Hong Kong on May 21st. The ceremony was attended by distinguished guests from the government, executives of GAC Group and GAC Motor, business partners an...
Latin America's Mobility Future is About Safety and Flexibility: Key Industry Transformations OEMs Must Embrace
Carmakers to invest in new safety standards, powertrain technologies and car-sharing in LATAM to keep up with global trends, finds Frost & Sullivan BUENOS AIRES, Argentina, May 21, 2019 /PRNewswire/ -- The Latin American passenger vehicle (PV) market is expected to achieve unit shipment of appro...
Senmiao Technology Teams Up with Feiniu Transportation to Offer Intercity Ride Sharing Services in Chengdu, China
CHENGDU, China, May 21, 2019 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), an operator of an online lending marketplace for loan facilitation, and a provider of automobile transaction and financing services inChina, announced today that Sichuan Jinkailong Automobile Leasi...
Hangzhou capitalizes on Aviation Town to become an aviation city
HANGZHOU, China, May 21, 2019 /PRNewswire/ -- Jiande Aviation Town inked seven general aviation deals in the first quarter of 2019, attracting some2.5 billion yuan of investment, according to an official with the town management committee. The aviation town currently has 17 more projects in talks...
ESAB'S Versotrac EWT 1000 Tractor Features Modular Design, Tool-Less Assembly for Portable Welding Applications
SHANGHAI, May 21, 2019 /PRNewswire/ -- ESAB Welding & Cutting Products has introducedVersotrac EWT 1000, one of the most versatile and user-friendly t ractors on the market for submerged arc welding, MIG/MAG and Carbon Arc Gouging. Versotrac's rugged, modularized components can be disassembled int...
CIOE 2019 to Focus on the Future of Intelligent Driving
SHENZHEN, China, May 21, 2019 /PRNewswire/ -- Intelligent driving has become a hot spot in the world of vehicle engineering research and a new driving force for the growth of the automotive industry. Among them, environmental sensing is the basis for intelligent driving. Cameras, millimeter-wave ...
DeepBlue Technology impresses media and industry leaders with Panda Bus at 3rd World Intelligence Congress
TIANJIN, China, May 21, 2019 /PRNewswire/ -- DeepBlue Technology took part in the 3rd World Intelligence Congress, held in Tianjin from May 16-19. At the conference, DeepBlue showcased their flagship product, the DeepBlue Panda Bus, as part of the AI CITY framework to guests and leaders from over...
Veoneer Announces Offering of Common Stock and Convertible Senior Notes
STOCKHOLM, May 21, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB),a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), announced today that it intends to commence concurrent offerings of$350 million of shares of common stock and $...
Asia300 Forum Gathers Asian Business and Political Leaders in SW China
CHONGQING, China, May 20, 2019 /PRNewswire/ -- As reported by iChongqing, Asia300 Global Business Forum Chongqing Summit, kicked off inSouthwest China's Chongqing Municipality on May 16,2019, as part of the 2nd Western China International Fair for Investment and Trade. The Chongqing Summit gathe...
Bitauto to Report First Quarter 2019 Unaudited Financial Results on May 30, 2019
BEIJING, May 20, 2019 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services forChina's fast-growing automotive industry, today announced that it will report its unaudited financial ...
Jiuye SCM Lands C+ Financing from CMH Growth Fund
SHANGHAI, May 20, 2019 /PRNewswire/ -- Jiuye Supply Chain Management ("Jiuye SCM" or "the Company"),China's leading cold chain service provider, has completed its Series C+ funding led by CMH Growth Fund. Proceeds from the financing are to be used for the development of the cold chain logistics ...
NI and OPAL-RT Sign Strategic Agreement to Work Together to Advance Electric Vehicle Testing Through Hardware-in-the-Loop Simulation
Partnership to drive innovation with NI software-defined automated test platform and OPAL-RT hardware-in-the-loop real-time simulation expertise MONTREAL, May 20, 2019 /PRNewswire/ -- NI (NASDAQ: NATI), the provider of a software-defined platform that helps accelerate the development and performa...
IBS Software to Acquire Canadian Aviation Software Major
The deal will make IBS Software one of the foremost technology providers in the global aviation industry MONTREAL, May 19, 2019 /PRNewswire/ -- Travel technology specialist IBS Software (IBS) has entered into a definitive agreement withMassachusetts-based Kronos Incorporated to acquire AD OPT, a...
Gamsahabnida! Air Canada Marks 25 Years of Service to Seoul, South Korea
* Inaugurated three times weekly flights in 1994 onboard Boeing 747 Combi aircraft * Flights today are daily onboard Boeing 777 and 787 Dreamliners from both YVR and Toronto Pearson MONTREAL, May 18, 2019 /PRNewswire/ -- Air Canada is excited to mark 25 years of non-stop service betweenCanada...
Meituan Demonstrates Social Contribution through Its First Corporate Social Responsibility Report
BEIJING, May 17, 2019 /PRNewswire/ -- Meituan (HKG: 3690), China's leading e-commerce platform for services, today released its first Corporate Social Responsibility report ("Meituan CSR Report"). The report demonstrates how the company integrates responsibility with its corporate strategy and bu...
118 public transportation escalators: Hitachi Elevator wins bid in phase I construction of Jinan Rail Transit's R2 line
JINAN, China, May 17, 2019 /PRNewswire/ -- Hitachi Elevator won a bid in the phase I portion of the construction of Jinan Rail Transit's R2 line onMarch 19. The 118 public transportation escalators will be part of Jinan's development plans for its rail transportation network. Phase I of Jinan Ra...
Karma Automotive Grows California Investment With New Customer Experience Center
-- KARMA FURTHER INVESTS IN $100M INNOVATION AND CUSTOMIZATION CENTER IN MORENO VALLEY, CALIF. -- NEW EXPERIENCE SUPPORTS PERSONAL CONNECTION BETWEEN KARMA OWNERS AND THE PEOPLE BEHIND THE BRAND -- KARMA'S NEW 2020 REVERO GT PRESENTED BY THE TEAM THAT HANDCRAFTED THEM MORENO VALLEY, California,...
China Zenix Auto International Limited Reports 2019 First Quarter Results
ZHANGZHOU, China, May 16, 2019 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) ("Zenix Auto" or "the Company"), the largest commercial vehicle wheel manufacturer inChina in both the aftermarket and OEM market by sales volume, today announced its unaudited financial results for...
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