Auto & Transportation
Altair Global Survey Shows Digital Twin Technology Key to Driving Automotive Industry Sustainability
92% say digital twins help create more sustainable products and processes TROY, Mich., May 17, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), released results from an independent survey that reveals a high adoption of digital...
Samsung Electro-Mechanics develops the world's highest capacity MLCC for electric vehicles
* Development of two types of MLCCs applied to electric vehicles...Realization of the industry's highest capacity among MLCCs with a rated voltage in the 250·100V class * Rated voltage: The maximum voltage that can be withstood without being damaged by the voltage. - Used in electric systems ...
GAC MOTOR Announces RM 60 million CKD Project in Malaysia
GUANGZHOU, China, May 17, 2023 /PRNewswire/ -- On May 11th, GAC MOTOR announced
the launch of the CKD project in partnership with WTC Automotif (M) Sdn Bhd
(WTCA), the sole and exclusive distributor of GAC vehicles inMalaysia.
Compass Offices in INOGATE OSAKA
OSAKA, Japan, May 17, 2023 /PRNewswire/ -- Compass Offices
BEST Inc. to Announce First Quarter 2023 Financial Results on May 30, 2023
HANGZHOU, China, May 17, 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, today announced that it will release its unaudited financial results for the first quarter ...
SKF and Wolong cooperate to increase competitiveness in electric drive products
GOTHENBURG, Sweden, May 17, 2023 /PRNewswire/ -- SKF and Wolong Group, the Chinese global manufacturer of motor and drive solutions, have signed a memorandum of understanding to explore the possibilities of entering a strategic cooperation focused on the promotion and application of magnetic bea...
Caravelle International Group Announces Receipt of Nasdaq Deficiency Notice
SINGAPORE, May 17, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it received a notice from The Nasdaq Stock Market LLC (Nasdaq) indicating that, as a result of not having timely filed its Annual Report on Form 20-F for t...
Neste celebrates the opening of the Singapore expansion and establishes a sustainable aviation fuel (SAF) supply chain to Changi Airport
ESPOO, Finland, May 17, 2023 /PRNewswire/ -- Neste announced its final investment decision on additional renewable products production capacity in Singapore in December 2018. The EUR 1.6 billion Singapore Expansion project has been successfully completed, the start-up of the refinery expansion ha...
Durapower unveils DP Flex lightweight battery module
* Provides significant energy density benefits from cutting-edge technology, lightweight design and vehicle chassis integration * Has fast charging, flexible system deployment and is applicable in all weather conditions SINGAPORE, May 17, 2023 /PRNewswire/ -- Singaporean Lithium-ion battery m...
Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2023
First Nine Months of Fiscal Year 2023 Financial Highlights * Total revenues were $582.4 million, an increase of 10.9% compared to the comparable prior year period. * Gross margin was 33.4%, compared to 33.9% for the comparable prior year period.Non-GAAP gross margin was 33.6%, compared to 34....
Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD
NORTHBROOK, Ill., May 17, 2023 /PRNewswire/ -- Amsterdam based Hilco Industrial Acquisitions, an operating company of US based Hilco Global, announced today the Sale of Surplus Equipment of the formerly owned HANJINPHILIPPINES SHIPYARD, located in Subic Bay,Philippines, following its strategic ac...
Parcel Perform and GEODIS Collaborate to Deliver Advanced Logistics Visibility for Global E-Commerce Retailers and Brands
SINGAPORE and LEVALLOIS-PERRET, France, May 16, 2023 /PRNewswire/ -- Parcel
Perform
Tantech Exports Midibus to Dominica
LISHUI, China, May 16, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, Shangchi Automobile Co., Ltd., has recently signed a new contract to export electric midibus toDominica. Measuring 6 meters long and close to 2 meters...
Geely Aerofugia Unveils AE200 Urban Air Mobility Solution at BEYOND Expo 2023
MACAU, May 16, 2023 /PRNewswire/ -- Aerofugia, a leading Chinese electric aviation company under Geely, revealed its AE200 flying car at the BEYOND International Science and Innovation Expo (BEYOND Expo) onMay 10. Dr. Guo Liang , CEO and Chief Scientist of Aerofugia, attended the event and deliver...
Masdar and Airbus sign agreement to support development and growth of global sustainable aviation fuel market
* Use of sustainable aviation fuel estimated to reduce greenhouse gas emissions by up to95 percent compared to existing jet fuel ABU DHABI, UAE, May 16, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading clean energy companies, has signed an agreement...
Greenland Technologies to Report First Quarter 2023 Unaudited Financial Results on Friday, May 19, 2023
EAST WINDSOR, N.J., May 16, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call onFriday, May 19, 2023 at 8:00 a.m. U.S. Eastern Time to discuss the Company's first quarter 2023 results a...
KLA and imec announce MOU to advance the electrification of the automotive industry
ANTWERP, Belgium, May 16, 2023 /PRNewswire/ -- Today KLA Corporation (NASDAQ: KLAC) and imec announced the intention to establish the Semiconductor Talent and Automotive Research (STAR) initiative, focusing on developing the talent base and infrastructure necessary to accelerate advanced semicond...
Banpu NEXT forays into Asia-Pacific market for battery energy storage system, spearheaded by Durapower to capture growing demands across region
SINGAPORE, May 16, 2023 /PRNewswire/ -- Banpu NEXT, a leading smart energy solutions provider inAsia-Pacific, is making its full foray into its battery business as the company joinsforces with its subsidiary Durapower Holdings Pte Ltd ("Durapower" and together with its subsidiaries, Durapower Gro...
Jayud Files Its Annual Report on Form 20-F for Fiscal Year 2022
SHENZHEN, China, May 15, 2023 /PRNewswire/ -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), one of the leadingShenzhen-based end-to-end supply chain solution providers inChina, with a focus on providing cross-border logistics services, today announced that it filed its ...
Hyundai Motor and Sony Pictures Team Up for the Third Time with 'Spider-Man: Across the Spider-Verse'
* The new animated movie to feature a flying version of Hyundai Motor's Prophecy concept EV, predecessor of the all-electric IONIQ 6 model, along with examples of the company's future mobility vision * Team up extends to a multi-dimensional global marketing campaign, with animated TV commerci...
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