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XCMG Foundation Machinery Completes Challenging Public Transportation Work, Aiding Regional Economical and Industrial Development
SHANTOU, China, June 30, 2020 /PRNewswire/ -- Seven XCMG (SHE: 000425) XR550D rotary drilling rigs have successfully completed their service on the Niutianyang Bridge project as the last drilling pile of the north main pier was poured onMay 23. The mega public transportation project in Shantou, G...
Car Makers Ramp Up Electric Vehicle Production Capacity in Thailand, Investment Board Says
BANGKOK, June 30, 2020 /PRNewswire/ -- Amid the rising adoption of cleaner cars around the globe, theThailand Board of Investment (BOI) has already approved 24 projects by car makers to produce in the country electric vehicles of all types, including hybrid electric vehicles (HEVs), plug-in hybri...
Veoneer Recognized by General Motors as a 2019 Supplier of the Year Winner
STOCKHOLM, June 30, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year awards on Wednesday, June ...
SKF Announces Changes to Group Management
GOTHENBURG, Sweden, June 30, 2020 /PRNewswire/ -- Bernd Stephan, President, Automotive and Aerospace, has stepped down from his role in Group Management for health reasons. Responsibility for Automotive sales and the Aerospace business unit has been assumed on an interim basis byAlrik Danielson,...
AGC's Light Control Glass, "WONDERLITE (TM) Dx," Makes Worldwide Debut in Toyota's New Harrier
TOKYO, June 30, 2020 /PRNewswire/ -- AGC Inc. has announced its light control glass, "WONDERLITE (TM) Dx," has been adopted for the panoramic sunroof of Toyota's new Harrier, launched for sale onJune 17, 2020. When used as vehicle exterior glass, this product boasts the world's fastest response (...
Locus Listed as a Representative Vendor in Gartner's Market Guide for Vehicle Routing and Scheduling
WILMINGTON, Delaware, June 29, 2020 /PRNewswire/ -- Locus, a global B2B SaaS company that automates human decisions in the supply chain, today announced that it has been identified as a Representative Vendor in the Gartner 'Market Guide for Vehicle Routing and Scheduling' report1. Gartner is a le...
Invitation to Autoliv's Q2, 2020 Earnings Call
STOCKHOLM, June 29, 2020 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the second quarter 2020 onFriday, July 17, at 12:00 CEST ( 11:00 am BST, 06:00 am EDT). The report will be available at http://www.autoliv.com/ In addition, a teleconference will take place the same d...
XCMG Kicks Off 2020 China "Shovel Industry Heroes" Championship in Xi'an
XI'AN, China, June 29, 2020 /PR Newswire/ -- XCMG (SHE: 000425), the leading Chinese construction machinery manufacturer, has kicked off the 2020 "Shovel Industry Heroes" Championship (the "Championship") inXi'an, China to celebrate and support loader operators, while showcasing the strength of X...
GAC MOTOR Wins Customer Recognition for the GS8's Stellar Safety Features
GUANGZHOU, China, June 29, 2020 /PRNewswire/ -- The proud new owner of a GS4
SUV, Dr.Noel Jusay Lacsamana already has his eyes set on a GS8 SUV. It wouldn't
be his first, though. In fact, Noel already had a GS8 - and it helped save his
life.
Hyundai Mobis develops the next-generation V2X control technology, or the Integrated Communication Controller for the first time in Korea
* Localized the core technology for processing large amounts of vehicle data in real time and implementing an always-connected car * Various kinds of vehicle and driver data to be utilized to provide high level safety and convenience services * Building an open ecosystem that enables various...
Hyundai Motor Group Becomes Most Awarded Automotive Group in the J.D. Power 2020 U.S. Initial Quality Study
SEOUL, South Korea, June 26, 2020 /PRNewswire/ -- Hyundai Motor Group received the most model-level awards in the J.D. Power 2020 U.S. Initial Quality Study (IQS), as seven models ranked highest in their segments. Kia Motors Corporation tied for the highest in overall initial quality with a scor...
China sees increased demand for personal vehicles and commitment to new energy vehicles, finds KPMG report
HONG KONG, June 24, 2020 /PRNewswire/ -- The automotive industry in mainland China has seen an increase in demand for personal vehicles, and an extension in subsidies for electric vehicles, in part due to the ongoing COVID-19 pandemic, according to KPMG analysis. In addition, the sector is expect...
Fourth-generation Kia Carnival revealed
SEOUL, South Korea, June 24, 2020 /PRNewswire/ -- Kia Motors Corporation has revealed first images of the new Kia Carnival, the fourth generation of the brand's flagship minivan. Released in Korean specification, the new Kia Carnival – sold in many markets worldwide as the Kia Sedona – has been d...
Xinhua Silk Road: FAW Commercial Vehicles recruits distributors in 35 countries worldwide
BEIJING, June 22, 2020 /PRNewswire/ -- China FAW Commercial Vehicles, branch of FAW Group Co., a state-owned leading automaker based in northeastChina's Jilin Province, is recruiting distributors in 35 countries worldwide. The target countries include Vietnam, Laos, Malaysia in South Asia, and Co...
Microvast high performance ultrafast-charging batteries equipped to pure electric buses for the leading Indian OEMs
HUZHOU, China, June 22, 2020 /PRNewswire/ -- India-based JBM Group will partner with Microvast, a Chinese provider of fast-charging battery power systems, to produce pure electric buses. The 9 and 12-meter electric buses come equipped with fast-charging batteries from Microvast and can run for...
GAC MOTOR's GS5 and GN6 to be launched in Saudi Arabia, Expanding Its Presence in the Middle East
RIYADH, Saudi Arabia, June 19, 2020 /PRNewswire/ -- GAC MOTOR is set to launch its two highly anticipanted models, the GS5 and the GN6, inSaudi Arabia on June 25th. The GS5, a luxury SUV, has attracted much attention for its smooth handling and superior power. As a versatile MPV, GN6's large and ...
Hyundai NEXO Fuel Cell Electric Vehicle fleet arrives in Australia
* 20 zero-emissions NEXO hydrogen powered vehicles have landed in Australia, ready to be deployed into the ACT Government fleet * Australia's first publicly-available hydrogen refuelling station will open inCanberra in Q3 2020, in conjunction with the official launch of NEXO * NEXO has a ran...
Next-generation Kia Carnival to debut this summer
SEOUL, South Korea, June 18, 2020 /PRNewswire/ -- Kia Motors Corporation has hinted at the design of the brand's fourth-generation Carnival flagship minivan today. Released in Korean specification, the all-new Carnival – sold in many markets worldwide as the Kia Sedona – will appeal to progressiv...
Geek+ announces final closing of over USD$200 million Series C funding round
BEIJING, June 18, 2020 /PRNewswire/ -- Geek+, a global provider of advanced robotics for logistics, announces it closed its Series C funding round at over USD$200 million in early 2020. Geek+ continues to lead the industry with the largest fundraising to date, following a USD$150 million B ser...
Quantron AG Implements Fuel Cell Trucks in Europe
The Energon is the first in Quantron's upcoming fuel cell product range. Production is scheduled to start in mid-2022. AUGSBURG, Germany, June 17, 2020 /PRNewswire/ -- Quantron AG active in the field of hydrogen since its foundation Quantron AG has been working on hydrogen propulsion for commerc...
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