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Global Electric Vehicle Sales Increase with Implementation of Stringent Emission Norms, Says Frost & Sullivan

SANTA CLARA, California, June 3, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9% in 2020 compared to 2019 un...

2020-06-03 18:11 527

XCMG's XZ13600 Makes Successful Debut in China-Russia 'East-route' Natural Gas Pipeline Project

CAOFEIDIAN, China, June 1, 2020 /PRNewswire/ -- XZ13600, the world's largest horizontal directional drill from XCMG, has made its debut assisting in the non-excavation construction of theChina-Russia east-route natural gas pipeline, a major project from the "Belt and Road" Initiative that began o...

2020-06-01 20:28 2913

GAC Motor Delivers 550,000 GAC-made masks to International Distribution Partners in 26 Countries

GUANGZHOU, China, June 1, 2020 /PRNewswire/ -- The 550,000 masks that GAC Motor began shipping overseas in early April have arrived in 26 countries for local employees, distribution partners, and customers. Some partners spread the goodwill by donating part of the masks to organizations in need o...

2020-06-01 09:58 965

Autoliv Provides Market and Business Update, Accelerates Mitigating Measures and Enters Loan Facility With Swedish Export Credit Corporation

STOCKHOLM, May 29, 2020 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today provides updates on market and company measures to manage the auto industry downturn caused by the COVID-19 pandemic. * April virtually at a standstill in Eur...

2020-05-29 14:57 5345

Digital Retailing and Vehicle Leasing to Propel Automotive Recovery Path, Says Frost & Sullivan

Mobility verticals such as EV, vehicle rental, and connectivity solutions unlock new opportunities for OEMs SANTA CLARA, Calif., May 27, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,COVID-19 Growth Impact Assessment for the Automotive Industry, 2020, presents the impact of the pandemi...

2020-05-27 22:52 1191

Hertz Business as Usual in Asia

Singapore, May 24, 2020 /PRNewswire/ -- Recently, Eoin MacNeill, Hertz's Vice President, APAC made the following comments to reinforce that it is business as usual for Hertz inAsia: "The short term self-drive vehicle rental industry, of which Hertz is a key player, has been deeply impacted arou...

2020-05-24 17:10 2573

XCMG's First Livestreaming of 2020 International Customer Festival Achieves Turnover of US$21 Million

XUZHOU, China, May 23, 2020 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE: 000425) has hosted an unprecedented livestreaming of the firstSoutheast Asia event as part of the 2020 International Customer Festival (the "Festival") onMay 20, which sold 400 sets of cons...

2020-05-23 16:37 7059

Changsha: Intelligent Manufacturing on the Fast Track

CHANGSHA, China, May 20, 2020 /PRNewswire/ -- A news report by China Report: "The unmanned taxi ride went almost as smoothly as the regular one does," applaudedZhang Jun, a resident of Hunan's provincial capital Changsha, after a test ride of Apollo Robotaxi, a type of self-driving taxi developed...

2020-05-20 10:00 958

XCMG Jumps up to Global Top Four on KHL's Yellow Table 2020 Continuing to Lead Chinese OEM Firms

XUZHOU, China, May 20, 2020 /PRNewswire/ -- With revenue of USD 11.162 billion, XCMG (SHE: 000425) has moved up to 4th place in the ranking of the world's top 50 construction equipment manufacturer, according to the Yellow Table 2020 released by British publisher KHL Group. XCMG once again leads t...

2020-05-20 02:33 5020

XCMG Machineries Completes Several World-Record Level Construction Projects

* 4,000-ton XGC88000 Crawler Crane Lifts the Largest EO/EG Wash Tower in the World * 2,000-ton XGC28000 Hoisted Asia's Largest Single-caliber, Fully Mobile Antenn XUZHOU, China, May 15, 2020 /PRNewswire/ -- XGC88000, the 4,000-ton crawler crane of XCMG (SHE: 000425), has set a new world recor...

2020-05-15 19:47 2973

TUV Rheinland Certifies Taiwan's First Outdoor e-Parking System at Nantou Service Area

TAIPEI, May 15, 2020 /PRNewswire/ -- Whenever there is a surge in weekend or holiday traffic, it means heavy demand for parking at highway rest areas. People can often be seen circling endlessly in the parking lots for a parking space, wasting time and money. Sometimes, individuals will stop to r...

2020-05-15 12:51 2450

VisIC Partners With ZF for Next Generation EV Inverters

- Joint R&D effort to develop an EV inverter based on gallium nitride (GaN) semiconductor technology - VisIC's D3GaN technology, with lowest losses per Rdson combined with ZF's highly efficient EV driveline systems extend the range of electric cars and reduce its system cost NES ZIONA, Israel a...

2020-05-14 16:00 1419

Virtual pitching competition with 20 Swiss startups puts innovation center stage

SHANGHAI, May 14, 2020 /PRNewswire/ -- Following Switzerland's record-performance at CESASIA 2019 winning 6 CES Innovation Awards, SwissTech will be taking the stage again inAsia this 10 June – virtually! SwissTech Pitchinar 2020 is to be joined by 20 leading Swiss startups in the fields of Heal...

2020-05-14 13:18 2023

Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future

TURIN, Italy, May 13, 2020 /PRNewswire/ -- Pininfarina's 90th anniversary celebrations focus on the value that have guided it since its foundation: designing the future. Pininfarina’s responsive User Experience for the...

2020-05-13 22:00 1072

Polyplastics Launches New DURACON(R) POM Grade with Improved Diesel Fuel Resistance for Auto Fuel Components

TOKYO, May 13, 2020 /PRNewswire/ -- The Polyplastics Group has announced the introduction of a new DURACON(R) polyoxymethylene (POM) grade which delivers improved diesel fuel resistance for the production of injection-molded automotive fuel system components. The new material complements Polyplas...

2020-05-13 14:00 1131

Enterprise Holdings Car Rental Brands Implement Complete Clean Pledge; Rolling Out New Innovative Rental Processes

ST. LOUIS, May 11, 2020 /PRNewswire/ -- Enterprise Holdings is reinforcing its commitment to maintaining the highest standards of cleanliness in the car rental industry. Today, the company announced the implementation of its Complete Clean Pledge program across theEnterprise Rent-A-Car, National ...

2020-05-11 21:00 1202

Most affordable car insurance in 2020 is Budget Direct Insurance, says independent study

SINGAPORE, May 11, 2020 /PRNewswire/ -- An independent study conducted by a consumer research firm showed thatBudget Direct Insurance  offers one of the most competitive deals on car insurance inSingapore. In 2020, ValueChampion named the Budget Direct Comprehen...

2020-05-11 08:15 1189

Grand Slam in the DMS Mid-level Segment - Decisive Nominations Won

STOCKHOLM, May 8, 2020 /PRNewswire/ -- January - March 2020 * Net sales totaled SEK 17,712 (11,670) thousand which corresponds to an increase of 52 %. * Operating loss totaled SEK -21,986 (-22,227) thousand, operating costs are significantly higher than last year and reflect the investments ...

2020-05-08 20:56 9326

Autoliv Announces Results of Annual General Meeting

STOCKHOLM, May 8, 2020 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb),the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held today. Annual General Meeting of Stockholders The Company's 2020 Annual General Meeti...

2020-05-08 04:08 6135

Axalta Upgrades Color Matching System at Its High Performance Coatings Business in Emerging Regions

SHAH ALAM, Malaysia, May 7, 2020 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today launched an upgraded color matching system at its High Performance Coatings (HPC) refinish business located inSoutheast Asia. The upgraded software platform incorpo...

2020-05-07 17:02 6320
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