Auto & Transportation

TURBULENCE AHEAD: AI REVOLUTION, PROTECTIONISM, TARIFFS, TRADE BARRIERS, AND SUSTAINABILITY TO RESHAPE GLOBAL PROCUREMENT AND SUPPLY CHAINS

* GEP'S 2025 Outlook report reveals predictions and strategies to tackle AI integration, tariffs and uncertainty in value chains worldwide CLARK, N.J., Dec. 3, 2024 /PRNewswire/ -- GEP®, a leading provider of AI-driven procurement and supply chain software and services to Fortune 500 and Global...

2024-12-03 21:47 1170

Lakeside Holding to Present at The Benchmark Company's Upcoming Discovery One-on-One Investor Conference

ITASCA, Ill, Dec. 3, 2024 /PRNewswire/ -- Lakeside Holding Limited ("Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market operating under the brand American Bear Logistics ("ABL"), today announced...

2024-12-03 21:45 1217

Uxin Announces Strategic Partnership with CATL's Subsidiary to Develop Battery Swapping Ecosystem for Used Cars

BEIJING, Dec. 3, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN),China's leading used car retailer, today announced a strategic partnership with Times Electric Service, a wholly-owned subsidiary of Contemporary Amperex Technology Co., Limited ("CATL"). This collaboratio...

2024-12-03 21:38 1564

XCMG Unveils 17 Excavator Models at bauma China 2024

SHANGHAI, Dec. 3, 2024 /PRNewswire/ -- XCMG Excavator  has made a powerful entrance at the world's top construction machinery event, baumaChina 2024, showcasing a stellar lineup of 17 flagship excavator models and four sets of core components. ...

2024-12-03 21:12 4373

Ridgewood Infrastructure Announces Acquisition of Valley Cold

NEW YORK, Dec. 3, 2024 /PRNewswire/ -- Ridgewood Infrastructure, a leading investment firm focused on essential infrastructure in the U.S. lower middle market, today announced its investment in Valley Cold Storage & Transportation ("Valley Cold"), a premier provider of temperature-controlled stor...

2024-12-03 21:00 1676

Hyundai Motor Shifts Perceptions by Unveiling All-Electric IONIQ 9 SUV at Iconic Goldstein House in LA

* IONIQ 9 strengthens Hyundai Motor's position in the global EV market as the brand's first three-row electric SUV * World Premiere event was held at Goldstein House, an icon of mid-century modern architecture, reflecting Hyundai Motor's commitment to innovation and EV leadership through its ...

2024-12-03 21:00 1886

CRISALION Mobility Chooses IFS Cloud as Management Software for its Advanced Air Mobility Project

* IFS Cloud to support regulatory, design, and manufacturing processes for leading Advanced Air Mobility manufacturer           * Supports growing global demand for a scaled down version of its highly successful eVTOL aircraft and remote vehicles LONDON, Dec. 3, 2024 /PRNewswire/ -- IFS, a le...

2024-12-03 17:43 1103

Traveloka 12.12 Last Double Day Deal: Enjoy up to 50% discounts for Winter Wonders to Tropical Escapes

Win a five-star hotel stay in Kuala Lumpur and a trip to Japan and Enjoy Exclusive Deals—Up toMYR 3,220 in Flash Sale Savings! KUALA LUMPUR, Malaysia, Dec. 3, 2024 /PRNewswire/ -- Traveloka, Southeast Asia's leading travel platform, invites travellers to unlock their dream holiday this year end ...

2024-12-03 15:06 1459

Global Times: Xi stresses comprehensively advancing high-quality Belt and Road cooperation

BEIJING, Dec. 2, 2024 /PRNewswire/ -- Chinese President Xi Jinping on Monday stressed comprehensively advancing high-quality cooperation under the Belt and Road Initiative (BRI). Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Com...

2024-12-03 15:05 1169

Silk Road Express to Launch Exclusive Train Cruise across China

Train Travel Redefined: The Ultimate Modern Lifestyle Choice SHANGHAI, Dec. 3, 2024 /PRNewswire/ -- Starting from December 18th, the meticulously crafted "Silk Road Express" by the esteemed railway cultural tourism expert "Train of Glamour" will set out. This luxurious international tourist trai...

2024-12-03 08:00 1748

LG Energy Solution and GM to Jointly Develop Prismatic Battery Cell Technology

* Under this definitive agreement, the companies will develop prismatic battery cell technology and affiliated chemistries for GM's future EVs * The agreement marks an extension of the two companies' successful 14-year battery technology partnership * LG Energy Solution to become the first g...

2024-12-03 08:00 1275

Aramco completes acquisition of 10% stake in Horse Powertrain Limited

* Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited ("Horse Powertrain"), based on an enterprise value of €7.4 billion * Renault Group and Geely (through Geely Holding and Geely Auto) each ret...

2024-12-02 21:40 1468

Massimo Marine and Vision Marine Technologies Announce Production Partnership for First Commercial Electric Pontoon Platform

Fully Integrated 30-foot Electric Pontoon Platform Designed for Commercial and Recreational Markets Showcases Commitment to Innovation and Sustainability GARLAND, Texas, Dec. 2, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles a...

2024-12-02 21:31 1214

Hesai to Attend CES 2025, Launch Versatile New Mini 3D Lidar for Industrial and Robotic Applications

PALO ALTO, Calif., Dec. 2, 2024 /PRNewswire/ -- Hesai (Nasdaq: HSAI), the global leader in lidar technology for robotics and industrial applications, autonomous driving, and ADAS, announced today that it will be exhibiting at Consumer Electronics Show (CES) 2025 inLas Vegas from January 7-10 (LVC...

2024-12-02 21:30 1333

Hong Kong Airlines Resumes Vancouver Service Offering Twice-weekly direct flights from 18 January 2025

HONG KONG, Dec. 2, 2024 /PRNewswire/ -- Hong Kong Airlines celebrated its 18th anniversary on 28 November and announced the resumption of direct flights to Vancouver, Canada commencing 18 January 2025. The twice-weekly services will provide additional travel options for passengers travelling betwe...

2024-12-02 20:01 4125

Global Times: White paper outlines China's rural road devt, achievements in new era

BEIJING, Dec. 2, 2024 /PRNewswire/ -- China's State Council Information Office on Friday released a white paper titled "China's Rural Roads in the New Era" to outline the achievements and vision of rural road development in the new era and to shareChina's experience. In terms of general achievem...

2024-12-02 18:35 1156

FOTON Marks 1-Millionth Export Milestone and Factory Opening in Thailand

BEIJING, Dec. 2, 2024 /PRNewswire/ -- On November 27, 2024, FOTON celebrated the inauguration of its FOTON CP (Thailand) factory and the production of its 1-millionth export vehicle. Held during the 2025 FOTON Asia-Pacific Partners Conference inBangkok, the event was attended by over 400 guests, ...

2024-12-02 17:53 2196

BBTruck and Haulio Partner to Deliver Seamless, End-to-End Supply Chain Logistics from Sea to Shore

New strategic partnership to integrate BBTruck's globally pioneering supply chainand logistics technology platform with Haulio's container haulage platform TAIPEI, Dec. 2, 2024 /PRNewswire/ -- BBTruck, a global leader in supply chain and logistics technology, has announced a strategic partnership...

2024-12-02 10:30 2141

SingPost to divest Australia business at A$1.02bn in enterprise value

- Australia business to be acquired by Pacific Equity Partners for A$775.9 million in cash - Gain on disposal of approximately S$312.1 million - Crystallises and unlocks value for shareholders SINGAPORE, Dec. 2, 2024 /PRNewswire/ -- Singapore Post Limited ("SingPost") today announced that it ha...

2024-12-02 09:22 1987

ZEEKR Announces November 2024 Delivery Update

HANGZHOU, China, Dec. 1, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a global premium electric mobility technology company, today announced its delivery results for November 2024. ZEEKR delivered 27,011 vehicles in November 2024, a 106%...

2024-12-01 13:50 2064
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