Auto & Transportation

HIGHWAY HOLDINGS REPORTS FISCAL 2024 THIRD QUARTER AND NINE MONTH RESULTS; THIRD QUARTER SALES INCREASE 60% YEAR OVER YEAR

HONG KONG, Feb. 1, 2024 /PRNewswire/ --  Highway Holdings Limited (Nasdaq: HIHO ) (the "Company" or "Highway Holdings") today reported financial results for its fiscal third quarter and nine months endedDecember 31, 2023, with a 60% increase in revenue and a$0.06 increase in diluted earnings per s...

2024-02-01 22:30 4189

Auto Industry and Tech Convergence Propel 69.3% of New Vehicles to Level 2++ Automation by 2030

ABI Research's latest whitepaper, sponsored by AMD, outlines a scalable approach to ADAS and autonomous driving NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The automotive industry, in conjunction with major suppliers in Artificial Intelligence (AI), high-performance compute, mapping, and location int...

2024-02-01 21:30 2590

Heart Aerospace raises $107 million in Series B funding

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of$107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel.

2024-02-01 20:15 2040

Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company's 97-year history

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Full Year 2023             * 2023 revenue was SEK 399.3 bn (SEK 330.1 bn in 2022)            * 2023 operating income (excl. JVs and associates) was SEK 25.6 bn (SEK 17.9 bn in 2022)            * 2023 operating income was SEK 19.9 bn (SEK 22.3...

2024-02-01 14:43 4028

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle forEurope, based on Hyundai's Global eLCV platform. The new vehicle will join Ivec...

2024-02-01 14:30 3124

NX Netherlands Receives IATA CEIV Pharma Certification for Its Warehouse Near Amsterdam Airport Schiphol

TOKYO, Feb. 1, 2024 /PRNewswire/ -- Nippon Express (Nederland) B.V. (hereinafter "NX Netherlands"), a group company of NIPPON EXPRESS HOLDINGS, INC., has acquired CEIV Pharma certification (*), a quality certification for pharmaceutical transport established by the International Air Transport As...

2024-02-01 14:00 3249

Heybike Will Soon Release Hero -- A Powerful All-Terrain E-bike

SAN FRANCISCO, Jan. 31, 2024 /PRNewswire/ -- Heybike, a manufacturer specializing in making and selling high-quality electric bikes, will unveil a brand new e-bike model called Hero. This e-bike caters to more higher requirements put forward by numerous riders. It is bound to revolutionize the e...

2024-02-01 10:48 3008

UL Solutions Introduces ULTRUS Software Brand to Help Customers Improve Speed to Market, Sustainability and Safety

The ULTRUS™ software portfolio harnesses data and seeks to provide UL Solutions' customers with information and clarity to advance innovation, supply chain and sustainability goals. NORTHBROOK, Ill., Jan. 31, 2024 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, has annou...

2024-01-31 22:00 2721

Volta Energy Solutions, world's first manufacturer of copper foil for batteries, to expand business presence in North American EV market

* World's No. 1 manufacturer of copper foil for high-tech industries and EV batteries. * Established in 1960, CFL has secured foundational technology and patents by developing the world's first electrodeposited copper foil for batteries. * Korea's leading companies are entering the North Ame...

2024-01-31 21:00 3155

LeddarTech's 2023 Year-in-Review Business Results

QUEBEC CITY, Jan. 31, 2024 /PRNewswire/ -- LeddarTech Holdings Inc. (LeddarTech® ) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision, for ADAS, AD and parking applications, is pleased to...

2024-01-31 20:00 2797

High-Quality Charging Anywhere | Huawei Releases Top 10 Trends of Charging Network 2024

SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ -- Huawei released the Top 10 Trends of Charging Network 2024 on January 30, themed "High-Quality Charging Anywhere." At the event, Wang Zhiwu, President of Huawei Smart Charging Network Domain, comprehensively interpreted these trends from technol...

2024-01-31 19:07 3798

ZTO to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 19, 2024 U.S. Eastern Time

SHANGHAI, Jan. 31, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the fourth quarter endedDecember 31, 2023 a...

2024-01-31 17:00 3816

DTDC WIDENS ITS PRESENCE BY LAUNCHING OPERATIONS IN MALAYSIA, SETS SIGHTS ON SOUTHEAST ASIAN EXPANSION

KUALA LUMPUR, Malaysia and MUMBAI, India, Jan. 31, 2024 /PRNewswire/ -- DTDC, India's leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, announced its foray into the Malaysian Market further strengthening its global footprint. The company inaugurated...

2024-01-31 15:42 2442

Discovering Guizhou along the Belt and Road

GUIYANG, China, Jan. 31, 2024 /PRNewswire/ -- The ancient Silk Road, where diverse civilizations collided over two thousand years ago, created a brilliant glow. Fast forward to the modern Silk Road, the Belt and Road Initiative, which has facilitated extensive consultation, joint contribution, an...

2024-01-31 12:56 2937

Shandong Heavy Industry Group Agreement with Singapore's Jardine Cycle & Carriage Direct Motor Interests for 120 Zhongtong Bus New Energy Buses

JINAN, China, Jan. 31, 2024 /PRNewswire/ -- In a significant ceremony held in Singapore on January 25, Shandong Heavy Industry Group and Singapore's Jardine Cycle & Carriage Direct Motor Interests (DMI) formally inked a deal for 120 Zhongtong Bus new energy buses. Zhongtong Bus new energy buses i...

2024-01-31 09:54 2366

Excelfore Recognized with Frost & Sullivan's 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findin...

2024-01-30 23:00 2712

RoboSense's M Platform Sensors Power the Fully-Electric Lotus EMEYA

DETROIT, Jan. 30, 2024 /PRNewswire/ -- RoboSense (2498.HK), a global leader in LiDAR and perception solutions, announced that Lotus, a UK-headquartered global luxury auto manufacturer, has officially launched its first fully electric sedan, the Emeya, equipped with two...

2024-01-30 22:00 2830

Greenland Technologies Announces Power Tech Equipment Repair Has Joined HEVI's Approved Service Provider Network Program

EAST WINDSOR, N.J., Jan. 30, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...

2024-01-30 21:00 3513

Uxin to Hold an Extraordinary General Meeting on March 1, 2024

BEIJING, Jan. 30, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN),China's leading used car retailer, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 21/F, Donghuang Building, ...

2024-01-30 18:00 3566

Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity

* The round, led by CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), is joined by existing investors and unfolds concurrently with Tau Group's expansion of production capacity at its new facility TURIN, Italy, Jan. 30, 2024 /PRNewswire/ -- T...

2024-01-30 17:00 3330
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