Auto & Transportation
Autoliv: Financial Report October - December 2024
STOCKHOLM, Jan. 31, 2025 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.sdb) Q4 2024: Record operating profit, margin and EPS Financial highlights Q4 2024 $2,616 million net sales 4.9% net sales decrease 3.3% organic sales decline* 13.5% operating margin 13.4% adjusted operating margin* $3.10 dilute...
Autozi Internet Technology (Global) Ltd. Announces the Execution of Securities Purchase Agreement
BEIJING, Jan. 31, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. ("Autozi" or the "Company") (NASDAQ: AZI), one of the leading and fast-growing lifecycle automotive service providers inChina, today announced that it entered into a definitive Securities Purchase Agreement (the "Agre...
SKF Year-end report Q4 2024: Strong execution supporting margin resilience
GOTHENBURG, Sweden, Jan. 31, 2025 /PRNewswire/ -- Q4 2024 Net sales: SEK 24,725 million (24,438) Organic growth: −3.1% (−1.9%), driven by lower market demand mainly in Europe andChina, while Americas and India & Southeast Asia are showing positive sales development. Adjusted operating profit: S...
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 30th
NEW YORK, Jan. 30, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 3...
Naas Technology Inc. Completes China's First Carbon Emission Reduction Credit Transaction in EV Charging Space, Pioneering Opportunities in Sustainable Mobility
BEIJING, Jan. 30, 2025 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, recently announced successful completion ofChina's first-ever carbon emission reduction credit transaction in the electric vehicle (EV)...
Timex Group and Aston Martin Forge Partnership to Launch Exclusive Watches and Jewelry Collection
MIDDLEBURY, Conn., Jan. 31, 2025 /PRNewswire/ -- Timex Group has unveiled an exciting new partnership with the iconic British luxury automotive brand Aston Martin. Announced during the Timex Group's annual Global Summit inAbu Dhabi, this collaboration marks a significant venture into the worlds o...
From Factory to Stage: AITO M9 Redefines Technological Artistry at 2025 Spring Festival Gala
CHONGQING, China, Jan. 30, 2025 /PRNewswire/ -- Just as the Super Bowl is the television event of the year for Americans, the CCTV Spring Festival Gala is China's ultimate national viewing spectacle. It is a cultural "media Super Bowl" that captivates audiences like no other event. This year, the ...
SMMT - Vehicle production dips amid EV transformation and intense market pressure
* British vehicle production slips -11.8% to 905,233 units in 2024, with cars down to 779,584, as industry continues transformation to EV production. * 4.0% growth in commercial vehicle production fails to offset -13.9% decline in car output. * Potential to surpass one million cars and light...
Moove Acquires Kovi, Strengthening its Position as a Global Leader in Mobility
* Moove's total global fleet now comprises 36,000 vehicles. * As part of its long term strategy to meet growing demand, Moove will order no fewer than 15,000 vehicles annually across all its markets. * The acquisition strengthens Moove's ARR revenue to upwards of $275 Million (on a consoli...
U Power and Ezzy Transporter Establish Joint Venture to Bring UOTTA Battery-Swapping Solutions to Thailand
Joint venture will facilitate customized production and sales of battery swapping vehicles to take advantage ofThailand's booming EV market SHANGHAI, Jan. 29, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to b...
Boom Supersonic Achieves Supersonic Flight
The first civil supersonic jet made in America breaks the sound barrier in historicMojave airspace XB-1 demonstrator provides the foundation for Boom's supersonic airliner, Overture MOJAVE, Calif. and DENVER, Jan. 29, 2025 /PRNewswire/ -- Boom Supersonic, the company building the world's fastes...
Caravelle International Group Issues CEO Letter to Employees and Shareholders
Discusses Recent Corporate Developments and Commitment to Sustainability and Transparency SINGAPORE, Jan. 28, 2025 /PRNewswire/ -- Caravelle International Group (NASDAQ: HTCO) ("Caravelle" or the "Company"), a global ocean shipping technology company, today released a letter to shareholders fro...
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 28th
NEW YORK, Jan. 28, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. NYSE Content Advisory: Pre-Market Update for January 2...
TuanChe Announces Plan to Adopt DeepSeek R1 Model to Accelerate Intelligent Technology Upgrades
BEIJING, Jan. 28, 2025 /PRNewswire/ -- TuanChe Limited (NASDAQ: TC) ("TuanChe" or the "Company"), a leading automotive marketplace platform, today announced its plan to adopt DeepSeek's newly released R1 model as the technological foundation for its intelligent service system. This initiative aim...
Embotech Collaborates with Outsight and Hesai to Power Technology for Automated Vehicle Marshalling (AVM) Systems
STUTTGART, Germany, Jan. 28, 2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), Outsight, and Embotech AG announce a strategic collaboration to deliver cutting-edge lidar technology and perception software for Embotech's AVM technology deployed in BMW facilities and known internally at BMW as ...
Autozi Internet Technology (Global) Ltd. Announces Fiscal Year 2024 Financial Results and Files Its Annual Report on Form 20-F
BEIJING, Jan. 27, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. ("Autozi" or the "Company") (Nasdaq: AZI), one of the leading and fast-growing lifecycle automotive service providers inChina, today announced its financial results for the fiscal year endedSeptember 30, 2024. The Com...
U Power Announces Closing of $5.0 Million Registered Direct Offering and Concurrent Private Placement
SHANGHAI, Jan. 27, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider inChina, today announced the closing of its previously announced registered direct...
DeTect to Deliver MERLIN™ True3D™ Bird Detection Radar to Hanseo University's Flight Education Center in South Korea
DeTect's state-of-the-art MERLIN True3D bird radar is the most widely used system for commercial airport and military airfield bird-aircraft strike risk management. PANAMA CITY, Fla., Jan. 27, 2025 /PRNewswire/ -- DeTect, Inc. (DeTect) is shipping a MERLIN True3D Bird Detection Radar (BDR) to Ha...
/DISREGARD RELEASE: TuanChe Limited/
We are advised by TuanChe Limited that journalists and other readers should disregard the news release, TuanChe Announces Adoption of DeepSeek R1 Model in its Holographic Image Creation Processes, issued27-Jan-2025 over PR Newswire. ...
CATL and DHL strengthen strategic partnership to facilitate sustainable logistics globally
NINGDE, China, Jan. 27, 2025 /PRNewswire/ -- CATL and DHL Group, the world's leading logistics company, have signed a strategic agreement to strengthen strategic partnership on the GHG emissions reduction of logistics parks, marking a key step of both parties' commitments to facilitate sustainabl...
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