Auto
Autoliv and NIO to develop safety technology for future electric vehicles
SHANGHAI, May 19, 2023 /PRNewswire/ -- Autoliv China, a subsidiary of the worldwide leader in automotive safety systems, Autoliv, Inc.(NYSE: ALV) (SSE: ALIVsdb), and NIO Inc., a leading electric vehicle company based in China, have signed a strategic cooperation framework agreement. The collabora...
Hyundai Pony Coupe Concept Restored - After 50 Years, Unveiled at Its Birthplace Italy
* Recreated Pony Coupe Concept makes debut in Lake Como nearly 50 years after its original debut at 1974 Turin Motor Show * Rebuilt by original designer, Giorgetto Giugiaro, the Pony Coupe Concept has been faithfully recreated to exacting specifications and original materials * Original Pony...
Hosting Its Fifth International Customers Festival, XCMG Machinery Advances the Roadmap of Internationalization and Sustainable Development by Highlighting Intelligent Transformation and New Energy Products
XUZHOU, China, May 18, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has opened its fifth International Customers Festival (the "Festival") recently in Xuzhou,China, lining up flagship products and innovative intelligent solutions to celebrate the Group's milestone achievements with gl...
JIOS Aerogel Appoints EDAG Production Solutions for Design of its High-Volume Thermal Blade® Plants in a joint project with WAY Business Solutions
SINGAPORE, May 17, 2023 /PRNewswire/ -- JIOS Aerogel (JIOS) has announced the appointment of two companies, EDAG Production Solutions GmbH & Co. KG (EDAG PS) and WAY Business Solutions GmbH (WAY), to support the commissioning of its high-volume, automated production lines inSingapore and its Euro...
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...
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.
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...
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...
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...
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...
Yadea High-performance E-mobility Won German 2023 Red Dot Awards and the iF DESIGN AWARDs
HONG KONG, May 12, 2023 /PRNewswire/ -- Yadea (01585.HK), a global leading brand of developing and manufacturing two-wheeler electric vehicles, won four international product design awards, namely two Red Dot Awards and two iF DESIGN AWARDs. After winning IDEA awards in 2022, Yadea became a winne...
Hyundai Capital Canada Celebrates its 9th Anniversary and Continues to Grow
TORONTO, May 12, 2023 /PRNewswire/ -- Hyundai Capital Canada, Inc. (HCC) recently celebrated its 9th anniversary, and it continues to experience growth on its path be becoming a full-service exclusive captive financial services partner to the Hyundai, Genesis and Kia brands in Canada. HCC was i...
Changan Auto's Robust Growth Momentum Firmly Accelerates International Expansion
CHONGQING, China, May 12, 2023 /PRNewswire/ -- On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company's future development. Changan Auto's ...
Autoliv Announces Results of 2023 Annual Stockholders Meeting
STOCKHOLM, May 12, 2023 /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 onMay 11, 2023. Annual General Meeting of Stockholders The Company's 2023 Annual ...
Autohome Beats 2023 Q1 Revenue and Earnings Estimates
Focuses on Unleashing the Potential of New Energy Vehicle Market with Continuous Growth in Innovation Business HONG KONG, May 11, 2023 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today anno...
GWM New Energy Strategy Boosts Sales Surge
BAODING, China, May 11, 2023 /PRNewswire/ -- On May 8, GWM released the latest
sales data. This April, GWM sold 93,107 vehicles, with a year-on-year increase
of 73.14%. The number of new energy vehicles (NEVs) sold reached 14,863, up
284.06% year-on-year (YoY).
Hyosung Chairman Hyun-joon Cho Visits the US as a Member of the Economic Delegation from Korea
SEOUL, South Korea, May 11, 2023 /PRNewswire/ -- Hyosung Chairman Hyun-joon Cho accompanied President Suk-yeol Yoon's state visit to the US as a member of Yoon's economic delegation. Chairman Cho attended the official event held in Washington, D.C. and engaged in activities to enhance economic coo...
CEAT Ambernath plant receives five-star grading in British Safety Council Audit
CEAT Specialty (division of CEAT Tyres) is proud to announce that it's Ambernath facility has received a Five Star rating in the Occupational Health and Safety Audit conducted by the British Safety Council MUMBAI, India, May 11, 2023 /PRNewswire/ -- The company's Ambernath plant underwent a comp...
Autoliv Declares Quarterly Dividend
AUBURN HILLS, Mich., May 11, 2023 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb),the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of66 cents for the second quarter of 2023. The dividend will be payable on ...
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