Auto & Transportation
CIMC generates $25.7 billion in operating revenue, marking the fastest y-o-y growth in nearly 10 years
SHENZHEN, China, April 5, 2022 /PRNewswire/ -- Chinese leading logistics and energy equipment supplier China International Marine Containers (Group) Ltd posted approximately163.7 billion yuan ($25.7 billion) in operating revenue in 2021, a 74-percent growth year-on-year, marking the first time fo...
Apical Wins Gold For 'Asia's Best Supply Chain Reporting 2021'
SINGAPORE, April 6, 2022 /PRNewswire/ -- Apical Group clinched the gold award for 'Asia's Best Supply Chain Reporting 2021' at the Asia Sustainability Reporting Awards (ASRA). Now in its 7th year running, the Asia Sustainability Reporting Awards organised by CSRWorks International is one of the m...
Leclanché selected to provide 10 MWh advanced battery system for Scandlines' "PR24" zero-emission freight ferry
* World's largest hybrid ferry will run on a Leclanché liquid-cooled, lithium-ion battery system, produced in Leclanché's European factories * Scandlines PR24 will connect Puttgarden, on the German island of Fehmarn, and Rødby port on Lolland,Denmark – a 18.5 km distance * Leclanché Marine R...
Senmiao Technology Limited Announces 1-for-10 Reverse Stock Split
CHENGDU, China, April 5, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS) reported that it expects to implement a 1-for-10 reverse stock split on its common stock effective Wednesday, April 6, 2022, with trading to begin on a split-adjusted basis at the ...
ESR accelerating data centre efforts with 20MW new development in West Tokyo
* Located in one of Tokyo's most established data centre clusters * Excellent connectivity to city-wide fibre networks * Ready for service in September 2025 TOKYO and HONG KONG, April 5, 2022 /PRNewswire/ --ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Gr...
PARCEL PERFORM ANNOUNCES FIRST US OFFICE IN NEW YORK CITY, APPOINTS TIFFANY JENSEN AS EXECUTIVE VICE PRESIDENT, AMERICAS
NEW YORK and BERLIN and SINGAPORE, April 5, 2022 /PRNewswire/ -- Parcel Perform
NX Malaysia Opens New Warehouse at Kuala Lumpur International Airport to Secure Greater Space
TOKYO, April 5, 2022 /PRNewswire/ -- Nippon Express (Malaysia) Sdn, Bhd. (hereinafter "NX Malaysia"), a Group company of Nippon Express Holdings, Inc., opened a new warehouse in the Free Commercial Zone (FCZ) ofMalaysia's Kuala Lumpur International Airport (KLIA) on Friday, April 1, to expand its...
Doosan Mobility Innovation takes its first step into the logistics drone market by attracting 27 bil. won investment
YONGIN, South Korea, April 5, 2022 /PRNewswire/ -- Doosan Mobility Innovation (DMI) has announced onMarch 29th that it had secured approximately 27 billion won worth of investment from IDG Capital, Korea Investment Partners, and DS Asset Management in recognition of its growth potential in the hy...
Veoneer Provides Market Update
* Announces Completion of Sale of Arriver * Signs Strategic Collaboration Agreement with Qualcomm Technologies * SSW Partners to Launch Process to Find Long-term Strategic Buyers STOCKHOLM andNEW YORK, April 5, 2022 /PRNewswire/ -- Veoneer, Inc., the automotive technol...
General Motors Names KATCON GLOBAL a 2021 Supplier of the Year
AUBURN HILLS, Mich., April 4, 2022 /PRNewswire/ -- General Motors recognized KATCON as a 2021 Supplier of the Year. GM celebrated honorees at its 30th annual Supplier of the Year awards ceremony inPhoenix, Arizona. GM's Supplier of the Year award recognizes global suppliers that distinguish them...
Automotive Electronics Market Set to Advance in India with CASE Convergence, E-Mobility, Among Others
The increasing use of automotive electronics in various vehicular applications is contributing to rapid growth SAN ANTONIO, April 4, 2022 /PRNewswire/ -- Frost & Sullivan's recent analysis, Indian Automotive Electronics Growth Opportunities, finds that continuous innovation and development in the...
TuanChe Announces Unaudited Fourth Quarter and Full Year 2021 Financial Results
BEIJING, April 4, 2022 /PRNewswire/ -- TuanChe Limited ("TuanChe," "Company," "we" or "our") (NASDAQ: TC), a leading integrated automotive marketplace inChina , today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Key Fourth Quarter 2021 Fi...
Hyundai Motor Group honors Infineon for supply competence and strategic cooperation for electric cars
MUNICH, Germany, April 4, 2022 /PRNewswire/ -- Hyundai Motor Group (HMG) has honored Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) as "Partner of the Year 2021" with the "Special Award for Supply Competence". The top global automaker recognized Infineon's efforts to stabilize uncertain suppl...
Weidai Comments on Unusual Market Activity
HANGZHOU, China, April 4, 2022 /PRNewswire/ -- Weidai Ltd. (the "Company" or "Weidai") (NYSE: WEI), a leading auto-backed financing solution provider inChina , is issuing this press release in light of the unusual trading activity related to the American depositary shares (the "ADSs") of the Compa...
Horwin Brasil and CBMM team up to apply ultra-fast charging Niobium batteries in electric motorcycles
Vehicle will be a pioneer in using a battery with Niobium. The model will be presented in the first half of the year, and is expected to hit the market in 2024 SÃO PAULO, April 4, 2022 /PRNewswire/ -- Aiming to expand access to clean energy and contribute to the popularization of electromobility...
Zoomlion Captures Broad Blue Ocean Market with Emerging Segments Account for over 20% of Total Revenue in 2021
CHANGSHA, China, April 2, 2022 /PRNewswire/ -- On March 30, Zoomlion released its 2021 annual report. The company secured operating revenue ofRMB 67.131 billion, up 3.11% year over year. Emerging segments such as aerial work machinery, earthmoving machinery, new building materials, agricultural ...
SSW Partners Completes Acquisition of Veoneer
* SSW Partners have acquired all shares in Veoneer for $37.00 per share in cash * Qualcomm expects to close acquisition of Arriver business from SSW Partners onApril 4, 2022 STOCKHOLM, April 1, 2022 /PRNewswire/ -- Veoneer today announced that SSW Partners, aNew York-based investment partners...
ESR partners with PGIM Real Estate in BTS redevelopment to build 64,490 sqm logistics facility for POKKA in Singapore
* POKKA has signed a 10-year lease to commit a minimum of 70% of the building space * US$100 million investment in partnership with PGIM Real Estate, representing ESR's first joint venture with the global asset manager SINGAPORE andHONG KONG, April 1, 2022 /PRNewswire/ -- ESR Cayman Limited (...
Invitation to Autoliv's Q1, 2022 Earnings Call
STOCKHOLM, April 1, 2022 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the first quarter 2022 onFriday, April 22, 2022 at 12:00 Central European Time (CEST). The report will be available at www.autoliv.com In addition, a teleconference will take place the same day. Tim...
Dada mobilizes unmanned delivery platform in Shanghai for contactless delivery
SHANGHAI, April 1, 2022 /PRNewswire/ -- Amid the current epidemic resurgence, citizens' booming online orders of daily necessities have posed a challenge to deliverers' capacity. To tackle the issues coming along, 'unmanned delivery' is the answer of Dada Group (Nasdaq: DADA),China's leading loca...
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