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SODA V, AI-Driven Tool, Set to Disrupt the Auto Market and Cut Car Development Time and Costs by 90%
LONDON, Aug. 28, 2024 /PRNewswire/ -- SODA.Auto, a UK-based automotive tech company, launches its flagship product – SODA V, the world's first tool that covers all needs of automotive engineers from idea to certification to create software-defined vehicles. SODA V tool took 1.5 years and$6 millio...
Hyundai Motor Unveils New 'Hyundai Way' Strategy and Outlines Mid- to Long-Term Goals at 2024 CEO Investor Day
* Hyundai Motor details a flexible response approach to market conditions and focus on electrification through its 'Hyundai Way' strategy … Targeting 5.55 million annual global sales by 2030, up 30% from 2023 … Aiming to sell 2 million EVs per year globally by 2030 … Plan to introduce...
Huawei Accelerates Digital Transformation Throughout Malaysia's Automotive Value Chain
KUALA LUMPUR, Malaysia, Aug. 28, 2024 /PRNewswire/ -- Malaysia's accelerated efforts to integrate advanced digital technologies such as cloud computing and intelligent connected vehicles into the electric vehicle (EV) and smart manufacturing sectors took centre-stage at the Huawei Malaysia Automo...
Applied Intuition and Isuzu Motors Ltd. Enter Strategic Partnership to Develop Autonomous Commercial Trucks
Partnership offers new solutions in autonomous driving, mitigating recent truck driver shortages and logistics issues inJapan MOUNTAIN VIEW, Calif. and YOKOHAMA, Japan, Aug. 27, 2024 /PRNewswire/ -- Applied Intuition, Inc., a Silicon Valley-based vehicle software supplier, and Isuzu Motors Ltd.,...
Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players
* South Korean automotive brands follow up on credit ratings upgrades from earlier in 2024 with raise to 'A-' by ratings agency S&P Global * Diverse product lineup and balance of hybrids and fully electric models responsible for three positive ratings upgrades since February * Hyundai and Ki...
Hyundai Motor Group Companies' Ratings Upgraded by Global Top Rating Agencies
* Hyundai Motor and Kia receive series of rating raises in 2024 from major global credit ratings agencies * Upgrade for Hyundai and Kia follows strong financial performance and improved competitiveness of diverse product lineup * Latest ratings upgrade comes ahead of Hyundai Motor CEO Invest...
OpenSys Technologies unveils its first DC charging station in Penang
With Falcon ChargePro, UOB Malaysia PV customers can now charge their EVs at Jalan Kelawei branch PETALING JAYA, Malaysia, Aug. 26, 2024 /PRNewswire/ -- OpenSys Technologies Sdn. Bhd. ("OpenSys Technologies"),a subsidiary of OpenSys (M) Berhad, proudly unveiled its first Direct Current (DC) cha...
Autoliv Declares Quarterly Dividend
STOCKHOLM, Aug. 23, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of68 cents for the third quarter of 2024. To holders of record on the close of ...
'The Charge of Change': Dahua Technology Unveils D-Volt Intelligent EV Charging Solution
HANGZHOU, China, Aug. 23, 2024 /PRNewswire/ -- Through a successful online
launch
KELLE ENERGY LAUNCHES FIRST-IN-SEA ROBOT EV CHARGER
* Singapore Founders Discover Innovative BESS (Battery Energy Storage Systems) with EV Systems Technology and Develop Solution forSoutheast Asia * Reducing EV Charging Infrastructure by 90% and Easing Congestions in Carparks * Reduced Costs and Increased Convenience Will Help More Drivers ...
/C O R R E C T I O N -- Yuchai/
In the news release, Yuchai Thailand Plant Put into Operation, Creating a New Era of Globalization Strategy, issued21-Aug-2024 by Yuchai over PR Newswire, we are advised by the company that the first paragraph, second sentence, should read "As the first overseas factory of Guangxi Yuchai Machiner...
Kia Receives a Credit Rating Upgrade as 'A-' from S&P Global
* Kia's S&P Global credit rating upgraded from 'BBB+' to 'A-', achieving an 'A' rating from the world's top three credit agencies this year * High worldwide evaluations reflect Kia's product and brand competitiveness, profitability, financial soundness and global market position SEOUL, South K...
Hyundai Motor Receives a Credit Rating Upgrade as 'A-' from S&P Global
* Hyundai Motor's S&P Global credit rating upgraded from 'BBB+' to 'A-', achieving an 'A' rating from the world's top three credit agencies this year * High worldwide evaluations reflect Hyundai Motor's product and brand competitiveness, profitability, financial soundness and global market pos...
Recall Program for Continental ProContact GX AO Car Tyres in the Dimension 255/35 R19 96H XL
* 883 replacement tyres are subject to the product recall in Australia * Affected tyres will be replaced at no charge * Continental has not received reports of accidents or injuries, however loss of vehicle control could occur with these tyres MELBOURNE, Australia, Aug. 22, 2024 /PRNewswire/...
XAG Launches APC2 AutoPilot Console Globally, Offering a Cost-effective AutoSteer Solution for Farming
GUANGZHOU, China, Aug. 21, 2024 /PRNewswire/ -- XAG, a leading agriculture technology company, announces the launch of APC2 AutoPilot Console globally, an automated steering solution for hands-free farm operation. This all-in-one solution uses a mobile app for smart control, making it easier for ...
XCMG and Rio Tinto Forge New Partnership for World-Class Simandou Iron Ore Project
Value of Over US$110 Million Contract Signed between XCMG and Rio Tinto SimFer Covers Dozens of Mining Trucks and Mining Graders for the World's Largest Untapped Reserve of High-grade Iron Ore CONAKRY, Guinea, Aug. 21, 2024 /PRNewswire/ -- XCMG Machinery (SHE: 000425, "XCMG"), the world's leadin...
Panasonic Energy has taken a license from CAMX Power to the latest GEMX® platform of cathode active material for lithium-ion batteries
LEXINGTON, Mass., Aug. 21, 2024 /PRNewswire/ -- CAMX Power LLC (CAMX) and Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group Company, announce that Panasonic Energy has taken a license from CAMX to the latest GEMX® platform of cathode active material for lithium-ion batteries. The ...
Altair and Oasys, the Software House of Arup, Establish Joint Development Agreement to Redefine Pre-Processing for Crash and Safety Simulation
Altair® HyperWorks® with Oasys PRIMER Redefine Safety Simulation Modeling TROY, Mich., Aug. 21, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR) a global leader in computational intelligence, andOasys, the software house of Arup, a global collective of designers, consultants and experts dedicated to s...
Segway-Ninebot e-Motorbike Series Lands in Australia
SYDNEY, Aug. 21, 2024 /PRNewswire/ -- Sydney, Australia, 19 August, 2024: Segway-Ninebot, a global leader in micro-mobility solutions is thrilled to announce that its highly anticipated e-Motorbike range will land inAustralia today. The lineup includes three innovative models, the flagship E300S...
China's Aima Electric Vehicle's flagship store in Pakistan has officially opened, advancing clean energy and empowering China-Pakistan cooperation under the Belt and Road Initiative
TIANJIN, China, Aug. 21, 2024 /PRNewswire/ -- On August 12th, Aima, a leading Chinese electric two-wheeler brand, grandly opened its flagship store inLahore, Pakistan. Important guests including IRFAN QADIR (CEO SIWA INDUSTRIES & Qadir Group of Companies),Imran Qadir (MD SIWA INDUSTRIES), and som...
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