Auto & Transportation
SANY Heavy Industry Pioneers Global Construction Machinery Innovations, Supporting the Sustainable Industry Movement
SHANGHAI, Aug. 14, 2024 /PRNewswire/ -- A year ago, the United Nations (UN) released its 2023 Financing for Sustainable Development Report: Financing Sustainable Transformations, highlighting the pivotal role of green industrial transformation in meeting climate and sustainability objectives. Sin...
State Grid Tai'an Power Supply Company: Moving the Power Supply Service Gateway Forward to Support the Development of New Quality Productivity
TAIAN, China, Aug. 14, 2024 /PRNewswire/ -- Recently, State Grid Tai'an Power Supply Company organized staff to conduct electricity inspections at the Changtong 6 million core kilometer optical cable intelligent manufacturing project in Xintai City, Tai'an City. After Changtong Optical Cable is c...
State Grid Jiangsu Electric Power Conducts "Vehicle-to-Grid" Interaction Test with Buses in Zhenjiang
ZHENJIANG, China, Aug. 14, 2024 /PRNewswire/ -- On the afternoon of August 9, State Grid Jiangsu Electric Power, in collaboration with local bus operators, launched a "vehicle-to-grid" (V2G) interaction test in Zhenjiang,Jiangsu Province, aiming to pool more resources for the flexible operation o...
40 Years out of 59: SSI Schaefer Celebrates Success of Singaporean Partners
For the 59th National Day, intralogistics expert honours homegrown partner companies that have contributed to the nation's position as the top logistics hub worldwide, as it celebrates its own 40th anniversary. SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- In honour of Singapore's National Day, SSI S...
China Yuchai Announces Update of Its Share Buyback Plan
SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), had on June 7, 2024, adopted a share buyback plan, of up toUS$40 million in dollar amount or 4 million in number, whichever occurs earlier. As of the end of market trading on...
Berge Bulk adopts Sofar's Wayfinder across fleet to bolster decarbonisation strategy
Berge Bulk uses Sofar Ocean's Wayfinder dynamic voyage optimisation platform to increase fleet efficiency and accelerate its "Maritime Marshall Plan" for decarbonisation. SINGAPORE, Aug. 13, 2024 /PRNewswire/ -- Berge Bulk, one of the world's leading independent dry bulk owners, and Sofar Ocean,...
Yuchai and Rolls-Royce Power Systems Expand MTU Yuchai Power's Operations to Address Massive Opportunities
SINGAPORE, Aug. 13, 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 that Yu...
China Automotive Systems Reports Income From Operations Increased by 38.7% in the Second Quarter of 2024
WUHAN, China, Aug. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the second quarter and six months endedJune 30, 2024. Second ...
ReThink HK 2024 puts sustainability at the forefront of Hong Kong's development
#OnlyWayForward HONG KONG, Aug. 13, 2024 /PRNewswire/ -- Eager to leave an even bigger mark on the sustainability landscape inHong Kong, the fifth edition of ReThink Hong Kong anticipates 8,000+ delegate attendees, from12-13 September 2024 at Hall 1, Hong Kong Convention and Exhibition Centre. T...
Urban Science launches MarketView sales analysis solution tailored for China-based automakers
DETROIT, Aug. 13, 2024 /PRNewswire/ -- Urban Science® today announced the launch of a new iteration of its MarketView sales analysis solution, specifically tailored to the unique needs ofChina-based automotive original equipment manufacturers (OEMs) and dealers. ThisChina-specific flagship solut...
The Silent Revolution: How Power Semiconductors Are Reshaping Industries
SINGAPORE, Aug. 13, 2024 /PRNewswire/ -- Power semiconductors are essential components that function as efficient switches and rectifiers in electrical circuits, controlling and converting power with minimal losses. Their importance has grown significantly due to the global push for energy effici...
FIVE More Yadea Flagship Stores in Indonesia!
JAKARTA, Indonesia, Aug. 13, 2024 /PRNewswire/ -- Yadea (01585. HK), the world's largest electric two-wheeler brand, has expanded its footprints in Indonesia with another five flagship stores in Jakarta and Tangerang between August 2nd and August 11. Aiming to offer local people well-defined pu...
MAZDA EZ-6 confirmed as a truly global model
NANJING, China, Aug. 13, 2024 /PRNewswire/ -- Mazda recently showcased the design and development process of its first electric sedan, the MAZDA EZ-6, to users fromChina for the first time in its headquarters in Hiroshima. In July, the vehicle successfully rolled off the assembly line at Changan ...
Super Terminal Expo 2024 Unveils Stellar Lineup for Conference, Announces Inaugural STE Awards Nominations
HONG KONG, Aug. 12, 2024 /PRNewswire/ -- Super Terminal Expo, Asia's pioneering passenger and cargo terminal design, construction and operations event, announces its conference program comprising over 100+ expert speakers across 80 keynote interviews, panel discussions, expert briefings and best ...
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...
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