Auto & Transportation

2023 CEO Investor Day: Kia accelerates EV transition with target of 1.6 million EV sales by 2030

- Kia to continue its four core strategies to transform into a 'Sustainable Mobility Solutions Provider' ① Global sales: 2030 global sales goal of 4.3 million units ② Electrification: Annual EV sales goal of 1.6 million units by 2030 with 15 EV models by 2027 ③ Product Strategy: Kia to apply c...

2023-04-05 13:18 1474

VINSSEN Launches Hydrogen Fuel Cell Vessel Demonstration Project

* Demonstration approved under regulatory exemption by MOTIE * Mobile hydrogen fueling stations to be operated in Yeongam-gun, Jeollanam-do * VINSSEN establishes market dominance with its competitive hydrogen-powered vessel designs amidst growing call for maritime decarbonization SEOUL, S...

2023-04-05 07:15 4911

Shengfeng Development Limited Announces Closing of Initial Public Offering

FUZHOU, China, April 4, 2023 /PRNewswire/ -- Shengfeng Development Limited (Nasdaq: SFWL) (the "Company" or "Shengfeng"), a contract logistics company in China providing customers with integrated logistics solution services, today announced the closing of its initial public offering (the "Offering...

2023-04-05 02:25 4807

New market update: April 2023

GOTHENBURG, Sweden, April 4, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the d...

2023-04-04 22:19 3181

Open Visibility Network welcomes Redwood Logistics and its interoperability expertise to the network

BOSTON, April 4, 2023 /PRNewswire/ -- Open Visibility Network (OVN) has announced that Redwood Logistics, with its RedwoodConnect™ no-code integration platform for supply chain solutions has joined the rapidly-growing international network. Launched in 2021, the OVN is a consortium of supply cha...

2023-04-04 17:30 2987

44th Vienna International Motor Symposium: New energy sources will form the basis for new drive systems

VIENNA, April 4, 2023 /PRNewswire/ -- More than 80 high-ranking speakers and almost 1,000 participants from over 25 nations will be expected at the international44th Vienna Motor Symposium in the Vienna Hofburg Imperial Palace. The event focuses on the pa...

2023-04-04 08:00 2306

Insitu Announces its High Seas, Long Endurance Integrator VTOL Unmanned Aircraft System at Navy League's Sea-Air-Space Global Maritime Expo

BINGEN, Wash., April 3, 2023 /PRNewswire/ -- Insitu, A Boeing Company, today announced its Integrator Vertical Take-off and Landing (VTOL) Unmanned Aircraft System (UAS) at Navy League's Sea-Air-Space Exhibition in National Harbor, Maryland.

2023-04-04 00:03 4019

STRADVISION Becomes Newest Member of CLEPA - European Association of Automotive Suppliers

* CLEPA Membership Greatly Benefits STRADVISION's Ability to Contribute Further to the European Automotive Landscape SEOUL, South Korea, April 3, 2023 /PRNewswire/ -- STRADVISION, an automotive industry pioneer in deep learning-based vision perception technol...

2023-04-03 23:00 3348

Caravelle International Group Announces 3-Year Procurement Contract with Bestwood Joinery Worth $60 Million

* This deal marks the commercial launch of Caravelle's revolutionary CO-Tech lumber drying in transit service SINGAPORE, April 3, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that the Company, through its Singapore Garden ...

2023-04-03 22:00 3105

Shailesh Chandra of Tata Motors at the 44th Vienna International Motor Symposium

VIENNA, April 3, 2023 /PRNewswire/ -- More than 80 high-ranking speakers and almost 1,000 participants from over 25 nations will be expected at the international44th Vienna Motor Symposium in the Vienna Hofburg Imperial Palace. The event focuses on the pa...

2023-04-03 17:17 2159

Freepoint Commodities Announces Jeffrey Wang as Head of Freepoint Asia

STAMFORD, Conn., April 3, 2023 /PRNewswire/ -- Freepoint Commodities ("Freepoint") announced today thatJeffrey Wang/Wang Le (王乐) has been named as Head of Freepoint Asia. Mr. Wang comes to Freepoint with 20 years of experience in the energy and commodities business. He previously worked at Goldm...

2023-04-03 09:33 4275

Seeing Machines' world-leading interior sensing technology on show in suite and in car at 27th ESV 2023 in Yokohama, Japan

CANBERRA, Australia, April 3, 2023 /PRNewswire/ -- Seeing Machines Limited (AIM: SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, will exhibit its world-leading interior sensing technology alongside the 27th In...

2023-04-03 07:15 3339

Tensor Tech Disrupting Satellite Minimization by Going Lighter, Smaller, and More Power-Efficient

NEW TAIPEI CITY, Taiwan, March 31, 2023 /PRNewswire/ -- Tensor Tech , a Taiwan-based company specializing in satellite minimization, is pushing to disrupt the booming worldwide space industry with lighter, smaller, and more power-efficient satellite subsystems. ...

2023-03-31 23:57 4931

Shengfeng Development Limited Announces Pricing of Initial Public Offering

FUZHOU, China, March 31, 2023 /PRNewswire/ -- Shengfeng Development Limited (the "Company" or "Shengfeng"), a contract logistics company inChina providing customers with integrated logistics solution services, today announced the pricing of its initial public offering (the "Offering") of 2,400,00...

2023-03-31 22:28 7994

Vestas selected as preferred supplier for 495 MW floating offshore wind project in South Korea

SINGAPORE, March 31, 2023 /PRNewswire/ -- Vestas has signed a preferred supplier agreement for a 495 MW floating offshore wind project inSouth Korea. If the project materialises, Vestas will supply and install 33 units of the V236-15.0 MW turbine for the project. For media inquiries, please co...

2023-03-31 22:12 5189

CIMC's revenue reached RMB 141.5 billion in 2022, Pursue quality development with greater resilience

SHENZHEN, China, March 31, 2023 /PRNewswire/ -- CIMC Group announced its 2022 annual results onMarch 28th. The report showed that CIMC Group's total revenue for 2022 was approximatelyRMB 141.5 billion, with a net profit of RMB 4.6 billion. Despite a decline from the historical high in 2021, the r...

2023-03-31 20:23 6651

NOVOSENSE isolation and driver technology enables SiC+800V in NEVs

SHANGHAI, March 31, 2023 /PRNewswire/ -- At present, emerging vehicles represented by new energy vehicles are rapidly replacing traditional fuel vehicles. Although new energy vehicles are becoming the choice of more people, there is no doubt that they still have pain points in consumer experience...

2023-03-31 19:36 4770

Tenth Anniversary of DDPAI - Ten Years of Image Connection

SHENZHEN, China, March 31, 2023 /PRNewswire/ -- With the intelligentization of automobiles and the rapid changes in mobility, as a pathfinder and game changer of the times, DDPAI has taken the initiative to reform and reconstruct the three main scenes of people, vehicles, and homes, establishing ...

2023-03-31 10:00 3228

Insitu Sets Company Record for Longest Flight at 25.5 hours with its Integrator Unmanned Aircraft System

BINGEN, Wash., March 31, 2023 /PRNewswire/ -- Insitu, A Boeing Company, recently set a company record for the longest duration flight with a 25.5-hour sortie with its Integrator Unmanned Aircraft System (UAS) on an operational mission.

2023-03-31 08:56 2682

Jebsen Motors Makes History By Winning Porsche China's Dealer of the Year Title For A Record Eighth Year

SHANGHAI, March 31, 2023 /PRNewswire/ -- Jebsen Motors announced today that its Porsche Centre Hangzhou Westlake has clinched 2022's prestigious "Dealer of the Year" championship title – marking a record eighth year that Jebsen Motors has claimed the top spot in Porsche's China Dealership Ranking...

2023-03-31 08:00 5699
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