Auto & Transportation
Unipart acquires rail bearing and axle box reconditioning business in Sydney, Australia
OXFORD, England, Aug. 13, 2024 /PRNewswire/ -- Unipart, the supply chain
solutions and performance improvement technologies partner, has announced the
acquisition of the former Schaeffler Rail Bearing reconditioning business in
Auburn, New South Wales.
NEXTEER EXPANDS COST-EFFECTIVE, MODULAR STEERING WITH NEW MODULAR PINION-ASSIST ELECTRIC POWER STEERING (EPS) SYSTEM; NOW OFFERS MODULAR VERSIONS FOR ALL EPS ARCHITECTURES
AUBURN HILLS, Mich., Aug. 12, 2024 /PRNewswire/ -- Today, Nexteer Automotive announced its Modular Pinion-Assist Electric Power Steering (mPEPS) system, which expands the company's cost-effective, modular EPS offerings to now include Single-Pinion and Dual-Pinion systems. COST-EFFICIENT, FLEXIBL...
3WLiners Offers Comfort Gift to Vehicle Owner Following Recent Arson Incident in Lafayette
EDISON, N.J., Aug. 12, 2024 /PRNewswire/ -- In response to the recent incident where suspects were arrested for setting a vehicle on fire inLafayette, 3WLiners is stepping up to support the community by providing a complimentary set of car liners toJessica Fontenot, the owner of the vehicle destr...
Lynk & Co Ignites the Latin American Market with a Spectacular Debut in Uruguay
MONTEVIDEO, Uruguay, Aug. 12, 2024 /PRNewswire/ -- On August 5th, Lynk & Co embarked on a new chapter with its launch inUruguay, marking the brand's entry into Latin American markets and expanding its global reach. The strategic launch inUruguay, timed with the TCR World Tour's local event, under...
Massimo Group Reports Second Quarter 2024 Financial Results
Q2 2024 Revenue Increases 32% YoY to $35.4 Million Q2 2024 Net Income Increases 36% YoY to $2.8 Million New Production, Distribution and Product Initiatives Fueling Rapid Growth GARLAND, Texas, Aug. 12, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distribut...
DEMAND FOR RAW MATERIALS AND SEMI-MANUFACTURED GOODS WEAKENED IN JULY, FALLING AT FASTEST RATE THIS YEAR, SIGNALLING SLOWING ECONOMIC GROWTH: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
* Worldwide supply chain spare capacity rises, adding to the calls for the Federal Reserve to lower interest rates soon. * Asian factory demand at its weakest since December 2023, partly because of a notable decrease in purchasing by Chinese factories. * Suppliers to North America report und...
NaaS Technology Inc. Appoints New Chief Financial Officer
BEIJING, Aug. 12, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NaaS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that Mr.Alex Wu, President, Chief Financial Officer and Director of the Company, resigned from the Company for personal...
China Yuchai International Announces Unaudited 2024 First Half-Year Financial Results
SINGAPORE, Aug. 12, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), one of the largest powertrain solution manufacturers through its main operating subsidiary inChina, Guangxi Yuchai Machinery Company Limited ("Yuchai"), today announced its u...
Global fleet management platform Wialon announces 4 million connected vehicles in 160 countries
* Wialon announces remarkable growth, with the number of connected vehicles increasing tenfold over nine years, from 400,000 in 2015 to 4,000,000 in 2024. * Processing 5 billion data points daily, Wialon helps fleets leverage big data to improve productivity, optimize fuel consumption, enhance...
Xinhua Silk Road: Rural infrastructure construction boosts rural tourism in E. China's Longkou
BEIJING, Aug. 12, 2024 /PRNewswire/ -- In recent years, a village of Shiliang
Town in Longkou City, eastChina's Shandong Province, has developed rural
tourism and holiday homestays, making the village's landscape scenery a strong
impetus for local economy.
CATL opens innovative new energy experience center in Chengdu
CHENGDU, China, Aug. 12, 2024 /PRNewswire/ -- On August 10th, CATL celebrated the opening of NING Space, the world's first new energy experience center in Chengdu, Sichuan Province. Co-created with an array of car manufacturers and the local government, NING Space provides an innovative all-encomp...
State Grid Changzhou Power Supply Company Develops Low-Voltage Generator Vehicle to Ensure Uninterrupted Power Supply
CHANGZHOU, China, Aug. 10, 2024 /PRNewswire/ -- "Voltage and current outputs of the generator vehicle are normal, ensuring steady power supply to the low-voltage district!" OnAugust 8, in the Liyang High-Tech Industrial Park, State Grid Changzhou Power Supply Company successfully utilized its in...
Caravelle International Group Announces a Note and Warrant Purchase and Settlement Agreement
SINGAPORE, Aug. 8, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a global ocean technology company, today announced that it has entered some agreements ( the "Agreements") with two institutional investors (the "Investors") to terminate all terms and provisions ...
AUTOMOBILI PININFARINA B95 GOTHAM TO MAKE WORLD DEBUT AT MONTEREY CAR WEEK
* First car from ground-breaking collaboration with Warner Bros. Discovery Global Consumer Products (WBDGCP) and Relevance International to make world debut atThe Quail, A Motorsports Gathering on 16 August * A unique 'one-of-one' creation, B95 Gotham is inspired by Bruce Wayne, the alter ego...
Hou Zhihui of Hunan Zoomlion Weightlifting Team Shatters Olympic Record to Secure Gold Medal at Paris Olympics
PARIS, Aug. 8, 2024 /PRNewswire/ -- Hou Zhihui, representing the Chinese national team and the Hunan Zoomlion Weightlifting Team, achieved a stunning victory in the women's 49kg weightlifting category at the Paris Olympics. Despite trailing in the snatch and facing a win-or-bust moment in her fin...
Exicom to Acquire Industry Leader Tritium; Expands Global Footprint in EV Charging
* Exicom to acquire business and assets of Tritium, a distinguished global leader in DC Fast Chargers, headquartered inAustralia * Acquisition seen as an ideal anchor towards building a global EV charger business with Tritium's presence in 47 countries * Exicom will have access to Tritium's ...
Thailand's supercharged EV sales poised for a new surge
Automakers lured by government policies tilt the global balance towards
electric vehicles
BANGKOK, Aug. 8, 2024 /PRNewswire/ -- BYD and BMW are two very different auto
companies.
Hanon Systems Develops World's First 4th Generation Heat Pump System for Electric Vehicles
* Reduced Package and Enhanced Performance: Achieved through modularization of refrigerant and coolant components * Improved Driving Range: Utilizes a parallel heat source recovery method that harnesses both battery waste heat and external air heat sources * Thin HVAC Technology: Increases pa...
Hanon Systems Releases Second-Quarter 2024 Results
* Record-breaking sales of approximately KRW 2.56 trillion despite the slowdown in the electric vehicle market * Aiming for improved performance in the second half through thermal management solutions applicable to all vehicle types, including internal combustion engine, hybrid and electric v...
NX East Asia Region Conducts Workplace Tour for Junior High School Students in Shanghai
TOKYO, Aug. 8, 2024 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereinafter "NX China"), a group company of NIPPON EXPRESS HOLDINGS, INC., that oversees theEast Asia region, conducted a workplace tour for junior high school students inShanghai on Thursday, July 18. NX Logo: https://kyodone...
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