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Carota and F.LAB Establish Strategic Alliance to Strengthen Smart Cockpit Competitiveness
TAIPEI, Feb. 7, 2024 /PRNewswire/ -- Carota, a global supplier of automotive Over-The-Air (OTA) upgrades and remote diagnostic solutions, announced a strategic alliance with F.LAB, a software development company specializing in smart cockpit technology. This alliance will seamlessly integrate F.L...
Autohome Inc. Announces 2023 Q4 and Annual Earnings: New Business Drives Sustained Growth
HONG KONG, Feb. 6, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced its fourth quarter and annual financial results for 2023. Over the past year, Autohome delivered solid ope...
Kia welcomes credit rating upgrade to A3 by Moody's Investors Service
SEOUL, South Korea, Feb. 6, 2024 /PRNewswire/ -- Kia Corporation today welcomed Moody's Investors Service (Moody's) upgrade of the company's corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook. According to the report from Moody's, the rating upgra...
Hyundai Motor Welcomes Credit Rating Upgrade to A3 by Moody's Investors Service
SEOUL, South Korea, Feb. 6, 2024 /PRNewswire/ -- Hyundai Motor Company today welcomed Moody's Investors Service (Moody's) upgrade of the company's corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook. According to the report from Moody's, the rating...
Zuellig Pharma to Rollout the Volvo FE Electric truck for cold chain logistics
TAIPEI, Feb. 6, 2024 /PRNewswire/ -- The signing ceremony between Taikoo Motors, Zuellig Pharma, and Long Feng Medical Logistics confirmed the first delivery of a Volvo FE Electric truck for cold chain logistics inTaiwan, marking their partnership in promoting green transportation and heralding a...
First design studies for Julie Mehretu's BMW Art Car revealed
NEW YORK and MUNICH, Feb. 5, 2024 /PRNewswire/ -- Julie Mehretu presents her first design studies for the 20th BMW Art Car. For this project, the internationally renowned artist combines her artistic work with a personal enthusiasm for automotive design and speed. She translates dynamism into for...
Weichai Group Advances Toward Becoming a Global Leader in Technological Innovation
WEIFANG, China, Feb. 2, 2024 /PRNewswire/ -- On February 2nd, Weichai Group held the 2024 Technology Incentive and Commendation Conference, granting65 million yuan in recognition of significant scientific research achievements and exceptional tech talent within the company. Tan Xuguang, Chairman ...
Neusoft's Innovative Products Showcase at the Automotive World 2024 in Tokyo
SHENYANG, China, Feb. 2, 2024 /PRNewswire/ -- The Automotive World 2024 recently kicked off at Tokyo Big Sight inJapan, and Neusoft Corporation (Neusoft, SSE:600718) showcased a series of innovative products, including intelligent cockpit system, intelligent communication terminal (T-Box), and a...
Auto Industry and Tech Convergence Propel 69.3% of New Vehicles to Level 2++ Automation by 2030
ABI Research's latest whitepaper, sponsored by AMD, outlines a scalable approach to ADAS and autonomous driving NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The automotive industry, in conjunction with major suppliers in Artificial Intelligence (AI), high-performance compute, mapping, and location int...
Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company's 97-year history
GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Full Year 2023 * 2023 revenue was SEK 399.3 bn (SEK 330.1 bn in 2022) * 2023 operating income (excl. JVs and associates) was SEK 25.6 bn (SEK 17.9 bn in 2022) * 2023 operating income was SEK 19.9 bn (SEK 22.3...
Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe
TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle forEurope, based on Hyundai's Global eLCV platform. The new vehicle will join Ivec...
LeddarTech's 2023 Year-in-Review Business Results
QUEBEC CITY, Jan. 31, 2024 /PRNewswire/ -- LeddarTech Holdings Inc. (LeddarTech® ) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision, for ADAS, AD and parking applications, is pleased to...
High-Quality Charging Anywhere | Huawei Releases Top 10 Trends of Charging Network 2024
SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ -- Huawei released the Top 10 Trends of Charging Network 2024 on January 30, themed "High-Quality Charging Anywhere." At the event, Wang Zhiwu, President of Huawei Smart Charging Network Domain, comprehensively interpreted these trends from technol...
Shandong Heavy Industry Group Agreement with Singapore's Jardine Cycle & Carriage Direct Motor Interests for 120 Zhongtong Bus New Energy Buses
JINAN, China, Jan. 31, 2024 /PRNewswire/ -- In a significant ceremony held in Singapore on January 25, Shandong Heavy Industry Group and Singapore's Jardine Cycle & Carriage Direct Motor Interests (DMI) formally inked a deal for 120 Zhongtong Bus new energy buses. Zhongtong Bus new energy buses i...
Excelfore Recognized with Frost & Sullivan's 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry
Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findin...
Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity
* The round, led by CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), is joined by existing investors and unfolds concurrently with Tau Group's expansion of production capacity at its new facility TURIN, Italy, Jan. 30, 2024 /PRNewswire/ -- T...
GAC AION Launches in Hong Kong, Marking a New Chapter in GAC Group's Global Expansion
GUANGZHOU, China, Jan. 30, 2024 /PRNewswire/ -- On January 28th, GAC AION celebrated the grand opening of its first showroom inHong Kong, marking the brand's official entry into the market. The brand launch event in Kowloon Bay featured the introduction of new energy vehicles, including AION Y Pl...
LeddarTech's Board of Directors Appoints Sylvie Veilleux and Lizabeth Ardisana
QUEBEC CITY, Jan. 30, 2024 /PRNewswire/ -- LeddarTech® (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD, and parking applications, today announced that its Board of Directors appointed...
JETOUR T2 Debuts in the UAE, Featuring Advanced XWD Technology
DUBAI, UAE, Jan. 29, 2024 /PRNewswire/ -- On January 27th, 2024, JETOUR T2 was
officially launched inDubai, United Arab Emirates, marking the beginning of its
international journey.
Celgard and Æsir Technologies Forge Strategic Alliance to Drive Industry Innovation in Nickel-Zinc, Zinc-Air and Lithium-Zinc Batteries
CHARLOTTE, N.C., Jan. 29, 2024 /PRNewswire/ -- Celgard, LLC (Celgard), a subsidiary of Polypore International, LLC (Polypore), is pleased to announce a newly formed Alliance with Æsir Technology, Inc. (Æsir), a leading manufacturing company that specializes in developing next-generation Nickel-Z...
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