Auto & Transportation

Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

* For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification * Spotlight on the groundbreaking technologies powering Kia's flagship electric vehicle, the EV9, and introduction of the transformative electrific...

2023-08-24 14:00 2910

Dachser and Fercam strengthen groupage and contract logistics business in Italy

Long-standing partnership leads to foundation of a joint venture for groupage and contract logistics HONG KONG, Aug. 24, 2023 /PRNewswire/ -- Fercam is set to transfer its Distribution (groupage) and Logistics (contract logistics) divisions to a joint venture with Dachser under the name "Dachser...

2023-08-24 11:00 4156

Mazda Indonesia: A Manifestation of Quality and Values

Under the leadership of Managing Director Ricky Thio and parent company Eurokars Group, Mazda Indonesia is set to lead the Indonesian premium automotive industry in 2023. JAKARTA, Indonesia, Aug. 24, 2023 /PRNewswire/ -- Mazda Indonesia has been making headlines since the inauguration of its new...

2023-08-24 10:34 3037

ESR Group delivers strong growth in Fund Management EBITDA propelled by its New Economy focus and asset light strategy

Key Highlights:  * Total AUM1,2 increased 9% year-on-year, propelled by New Economy AUM1,2 which delivered13% growth to reach US$69 billion * Fund Management EBITDA grew 14% year-on-year with a higher margin based on higher fee revenue, strong cost discipline and continued economies of scale;...

2023-08-24 10:24 5166

CyberLogitec signed a contract for ALLEGRO, integrated shipping operation solution, implementation with Japanese shipping liner Kambara Kisen

SEOUL, South Korea , Aug. 24, 2023 /PRNewswire/ -- CyberLogitec, the leading provider of maritime, port/terminal, and logistics operations technologies, announced that the delivery contract with Kambara Kisen Co., Ltd. For four solutions, including ALLEGRO has been officially made on9th July 2023...

2023-08-24 10:00 3699

BEST Inc. Announces Unaudited Second Quarter 2023 Financial Results

HANGZHOU, China, Aug. 23, 2023 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia ("SEA"), today announced its unaudited financial results for the second quarter endedJun...

2023-08-24 06:00 4334

Cango Inc. Reports Second Quarter 2023 Unaudited Financial Results

SHANGHAI, Aug. 23, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced its unaudited financial results for the second quarter of 2023. Second Quarter 2023 Financial and Operational Highlights * Tota...

2023-08-24 05:30 4154

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for July 2023

CHENGDU, China, Aug. 23, 2023 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced the operating...

2023-08-23 21:00 2039

The EU Will Import Over 1 Million EVs From China in 2030, Creating both Threat and Opportunity for European OEMs

LONDON, Aug. 23, 2023 /PRNewswire/ -- China's world-leading Electric Vehicle (EV) industry is pushing intoEurope. According to a new report from global technology intelligence firmABI Research, in 2030, 1.2 million Chinese-made Battery Electric Vehicles (BEVs) will be imported by the European Uni...

2023-08-23 20:45 1975

FICG PRIME Plants Deep In Automotive Business

TAIPEI, Aug. 23, 2023 /PRNewswire/ -- In a strategic move to foster diversified growth and seize new business opportunities, PRIME, a subsidiary of FIC Global (3701.TW), has taken a bold step in the Automotive industry. The company recently unveiled a fresh brand image and implemented an independ...

2023-08-23 17:00 2924

Full Truck Alliance Co. Ltd. Announces Second Quarter 2023 Unaudited Financial Results

GUIYANG, China, Aug. 23, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter endedJune 30, 2023. Second Quarter 2023 Financial and Operational Highlights...

2023-08-23 16:00 2845

Auto sector firms rush to gain access to center

BEIJING, Aug. 23, 2023 /PRNewswire/ -- A news report from eguiyang.com.cn: In Guian New Area, Guizhou province, technicians from Guizhou Changjiang Automobile Co are conducting tests on the soon-to-be-launched pure electric light truck. [Photo...

2023-08-23 15:08 1927

Chengdu's rail link to Europe a key component of BRI

CHENGDU, China, Aug. 23, 2023 /PRNewswire/ -- A freight train loaded with liquid crystal display products, connectors, auto parts and other merchandise departedChengdu for Duisburg Port in Germany on Aug 7, just as the 31st FISU Summer World University Games were wrapped up in the capital ofSouth...

2023-08-23 13:50 4782

STRADVISION selected as a member of the Renesas R-Car Consortium Proactive Partner Program for 5 years in a row

* Satisfying the consortium's criteria of "open," "innovative," and "trusted" * Look forward to creating a new business connection for advanced ADAS technology SEOUL, South Korea, Aug. 22, 2023 /PRNewswire/ -- STRADVISION , an automotive industry pioneer in...

2023-08-22 23:00 2318

NaaS Technology Inc. Announces Plans to Acquire Swedish Leading EV Charging Infrastructure Supplier Charge Amps for $66.4 m

STOCKHOLM, Aug. 22, 2023 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS), a leading electric vehicle (EV) charging service company, has announced plans to acquire Charge Amps AB ("Charge Amps"), a Swedish EV charging solutions provider for approximatelySEK 724 million (US$66.4 million) of 100...

2023-08-22 22:59 3471

NaaS Technology Inc. to Acquire Charge Amps

BEIJING, Aug. 22, 2023 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has entered into a definitive agreement to acquire 100% of the issued and outstanding shares of Charge Amps AB (...

2023-08-22 20:20 4028

Excellence Opto., Inc. Drives Automotive Innovation and Sustainability for a Brighter Future

Innovating the Road Ahead: Excellence Opto., Inc. Recognized with the Enterprise Asia Linchpin of Asia Award 2023 for Advancing Automotive Excellence and Sustainability SINGAPORE, Aug. 22, 2023 /PRNewswire/ -- Excellence Opto., Inc. (EOI) is a high technology-oriented company, established in the...

2023-08-22 18:32 3129

China Automotive Systems Announces Annual Meeting on August 30, 2023

CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held onWednesday, August 30, 2023 at 9:00 AM local time, or9:00 PM EDT on August 29, 2023 WUHAN, China , Aug. 22, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or ...

2023-08-22 18:00 4578

Minesto completes build and functional testing of sea-bed connection system for the 1.2-Megawatt powerplant Dragon 12

GOTHENBURG, Sweden, Aug. 22, 2023 /PRNewswire/ -- Minesto, leading ocean energy developer, has completed build and functional testing of sea-bed connection system for the 1.2-Megawatt power plant Dragon 12. The unique connection system, enabling one of the fastest launch and recovery operation in...

2023-08-22 15:55 2244

Lextar Obtained DEKRA ISO 26262 Automotive Functional Safety Certificate

HSINCHU, Aug. 22, 2023 /PRNewswire/ -- DEKRA, a German certification body, issued ISO 26262 ASIL-B Functional Safety Process Certification to Lextar, a leading manufacturer of LED packages and modules under Ennostar. This certification strengthens the quality and accreditation of automotive inter...

2023-08-22 12:11 2668
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