Auto & Transportation
Automobili Lamborghini starts production of surgical masks and medical shields for use in Coronavirus pandemic
SANT'AGATA BOLOGNESE, Itlay, April 3, 2020 /PRNewswire/ -- Automobili Lamborghini is converting departments of its super sports car production plant in Sant'Agata Bolognese in order to produce surgical masks and protective plexiglass shields. The masks will be donated to the Sant'Orsola-Malpighi...
Specialty Chemical Company China XD Plastics Provides Update on Impact of Coronavirus Outbreak
HARBIN, China, April 2, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applica...
Online B2B Matchmaking System is Coming to CIBS
SHANGHAI, April 2, 2020 /PRNewswire/ -- After considering the effects caused by COVID-19, CIBS is preparing to launch a new online B2B matchmaking tool that will enable both suppliers and overseas buyers to maintain and/or further develop their supply chain. Co-organized by Shanghai Sinoexpo Inf...
Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies
STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc.(NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity. The parties have agreed in principl...
Underwriters Laboratories publishes autonomous vehicle Standard
NORTHBROOK, lllinois, April 1, 2020 /PRNewswire/ -- Underwriters Laboratories announced today that it publishedUL 4600, the Standard for Safety for the Evaluation of Autonomous Products - its first Standard addressing autonomous vehicles and other applications. The Standard's scope includes safe...
BEST Inc. to Create Over 40,000 Jobs in 2020
HANGZHOU, China, April 1, 2020 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced the Company's plans to create over 40,000 jobs inChina and Southeast Asia this year to meet c...
GAC MOTOR Responds to COVID-19 Epidemic with Prevention, Protection and Aid
GUANGZHOU, China, April 1, 2020 /PRNewswire/ -- In response to the COVID-19 outbreak, GAC MOTOR has introduced various preventative measures to protect its customers and employees, while working with partners from all regions to assist in the global effort against the epidemic. After overcoming m...
GA-ASI Completes First Production-Representative MQ-9B SkyGuardian
SAN DIEGO, April 1, 2020 /PRNewswire/ -- General Atomics Aeronautical Systems, Inc. (GA-ASI) has completed the first production-representative MQ-9B SkyGuardian® Remotely Piloted Aircraft (RPA). First flight of this aircraft took place onMarch 30, 2020 at GA-ASI's Flight Operations Facility in El...
GEODIS Establishes an Air Bridge From China to Transport Millions of Masks
LEVALLOIS-PERRET, France, March 31, 2020 /PRNewswire/ -- GEODIS has been commissioned by the French Government to organize the emergency supply of millions of masks fromChina to France. In order to respond to requests from the national authorities, GEODIS is planning 16 flights over the coming w...
Shanghai Sunwin's Tech Integrated 'Healthcare Bus' Solution Keeps the Public Safe
SHANGHAI, March 31, 2020 /PRNewswire/ -- Despite a reduction in new cases of the Coronavirus acrossChina, Shanghai Sunwin Bus Corporation (SUNWIN) is not taking any chances. As of March 2020, Sunwin has begun rolling out the 'Healthcare Bus', a tech integrated and specially designed solution to r...
Southeast Asia logistics startup Inteluck secures US$5M+ from MindWorks and Lalamove
SINGAPORE, March 31, 2020 /PRNewswire/ -- Inteluck, a Southeast Asia-based data-driven third-party logistics platform, announced that it has raised US$5M+ in Series Pre-B funding round led by MindWorks Capital with participation from Infinity Venture Partners and leading on-demand logistics techn...
Via raises Series E financing to expand access to efficient, sustainable, and equitable public mobility across the globe
John Elkann, Chairman and CEO of EXOR, lead investor in the financing: "More important than ever to work for an innovative and sustainable future." NEW YORK, March 31, 2020 /PRNewswire/ -- Via, the company that provides digital infrastructure to power public mobility in cities around the world, ...
Growing Electrification Trend Boosts Transition to Electric Motors in North America
Increasing industrial automation fuels growth opportunities for electric motors inNorth America, finds Frost & Sullivan SANTA CLARA, Calif., March 30, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis of the market forelectric motors in North America forecasts that sector revenues will wit...
China Yuchai International Announces Unaudited Fourth Quarter 2019 Financial Results
SINGAPORE, March 30, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), a leading automotive manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Compan...
China Logistics Property Announces 2019 Annual Results
Revenue significantly up by 22.3% Core Net Profit increases by 53.0% * Core operating performance was positive across the board, with revenue up by 22.3% toRMB713m; gross profit amounted to RMB547m, up by 26%; core net profit up by 53.0% toRMB455m * Occupancy rate reached 90.3%, which is 2....
Dachser announces Executive Board for the future
KEMPTEN, Germany, March 30, 2020 /PRNewswire/ -- After 31 years of close cooperation in operational management positions at Dachser, CEOBernhard Simon and his deputyMichael Schilling, COO Road Logistics, will join the logistics provider's Supervisory Board in 2021, withBernhard Simon becoming its...
BYD's New Blade Battery Set to Redefine EV Safety Standards
SHENZHEN, China, March 30, 2020 /PRNewswire/ -- Today, BYD officially announced the launch of the Blade Battery, a development set to mitigate concerns about battery safety in electric vehicles. At an online launch event themed "The Blade Battery – Unsheathed to Safeguard the World", Wang Chuanf...
BYD's New Blade Battery Set to Redefine EV Safety Standards
SHENZHEN, China, March 29, 2020 /PRNewswire/ -- Today, BYD officially announced
the launch of the Blade Battery, a development set to mitigate concerns about
battery safety in electric vehicles.
Increasing Acceptance of Autonomous Vehicles Uncovers Multi-billion Dollar Opportunities in Mobility Services
Supported by innovative new business models, autonomous vehicle services market to cross$200 billion by 2030, finds Frost & Sullivan SANTA CLARA, Calif., March 27, 2020 /PRNewswire/ -- With autonomous vehicles (AVs) promising drastically reduced operating expenses and healthy profit margins, the...
Nippon Express's Chuo International Office (Osaka) Acquires Halal Certification
TOKYO, March 27, 2020 /PRNewswire/ -- - Halal Network Expanded to Third Location in Japan - Nippon Express Co., Ltd., on Wednesday, March 4, received halal certification from the Japan Halal Association (JHA) for a dedicated area set up within its Osaka International Transport Branch's Chuo Inte...
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