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C.P. Group and Toyota/Commercial Japan Partnership Technologies achieved new milestones towards decarbonization with multi-faceted solutions across energy, data and mobility
* A joint partnership by Charoen Pokphand Group (C.P. Group), Toyota Motor Corporation (TMC) and Commercial Japan Partnership Technologies (CJPT) announced the successful pilot project for biogas-derived hydrogen production in Thailand. * C.P. Group plans to use such biogas-derived hydrogen fo...
NOVOSENSE Drives Future Mobility at Kurumobi Online Expo
TOKYO, Dec. 8, 2023 /PRNewswire/ -- NOVOSENSE Microelectronics, a leading IC company in semiconductor solutions, is taking center stage at the Kurumobi Online Expo inJapan, bringing forth cutting-edge technologies that define the future of automotive electronics. The virtual expo, held fromNovemb...
Farasis Energy Leads Global Power Battery Innovation with SPS (Super Pouch Solution)
GANZHOU, China, Dec. 8, 2023 /PRNewswire/ -- In the rapidly advancing electric vehicle (EV) era, the demand for power batteries, a crucial component of EVs, has seen a significant surge. From January toOctober 2023, the global installation of power batteries reached a staggering 225GWh, marking a...
Nexteer Recognized on Newsweek's America's Most Responsible Companies 2024 List
AUBURN HILLS, Mich., Dec. 8, 2023 /PRNewswire/ -- Nexteer Automotive has been awarded on Newsweek's list of America's Most Responsible Companies 2024. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. This marks t...
Research consortium of Altair, JLR, and Danecca awarded funding through the Faraday Battery Challenge to create a new design process for electric vehicles
Altair to provide simulation and data analytics tools, and expertise to expedite breakthrough results TROY, Mich., Dec. 7, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced together withJLR and battery manufacturer Da...
Chang'an Auto sees Thailand as a production base to expand overseas market
GUANGZHOU, China, Dec. 7, 2023 /PRNewswire/ -- A report from GDToday: Chang'an Auto's first overseas production base was set up in Thailand this year. The company invested20 billion baht to set up a new energy vehicle production base in Rayong province with a production capacity of 100,000 units...
EPOS and Aston Martin Aramco Cognizant Formula One® Team Strengthen Global Audio Partnership
COPENHAGEN, Denmark, Dec. 7, 2023 /PRNewswire/ -- EPOS, today announces an extension and expansion of its partnership with the Aston Martin Aramco Cognizant F1® Team as Global Audio Partner. The renewal of the existing sponsorship agreement extends our collaboration, which began in 2021, continu...
American Industrial Partners Capital Fund VII to Acquire Veoneer's Restraint Control Systems Business
STOCKHOLM and NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Industrial Partners ("AIP"), for the acquisition of Veoneer's Restraint Control Systems business from SS...
Uxin Limited Announces Successful Validation of Superstore Business Model, Significant Reduction in Losses, and Target of Achieving Overall Profitability by 2024
BEIJING, Dec. 6, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company")
(Nasdaq: UXIN),China's leading used car retailer, announced its financial
results for the first and second quarters of fiscal year 2024 onNovember 28,
2023.
Gracenote Launches Advanced Automotive Data Platform Enabling Innovative Cross-Media Experiences in Connected Cars
Automakers can delight consumers by connecting them to a wealth of audio, sports and video content across different apps and services EMERYVILLE, Calif., Dec. 5, 2023 /PRNewswire/ -- Gracenote, the leading global entertainment metadata provider, is announcing its new automotive data platform dev...
Foretellix Raises $85 Million in Series C Closing
Temasek and Isuzu join Woven Capital and NVIDIA in a major round led by 83North
TEL-AVIV, Israel and SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ --
Foretellix
Luxury Escapes enters the car rental market through new exclusive partnership with CarTrawler
DUBLIN, Dec. 5, 2023 /PRNewswire/ -- Luxury Escapes, Australia's leading global platform of curated hotels and resorts, has signed a new partnership with CarTrawler, the leading B2B technology provider of car rental and mobility solutions to the global travel industry, to offer its customers car ...
World's Heaviest Wheeled Crane, the XCA3000, Achieves Milestone in First Lift
YINGKOU, China, Dec. 4, 2023 /PRNewswire/ -- The XCA3000, the world's largest
tonnage wheeled crane and a proprietary innovation of XCMG, has recently
completed its first assignment in Yingkou,Liaoning Province, China, setting a
new benchmark in operational efficiency and lifting capacity.
UL Solutions Opens Advanced Battery Testing and Engineering Laboratory in South Korea
The new UL Solutions laboratory is one of the most extensive in South Korea, helping automotive battery manufacturers advance safety and access global markets PYEONGTAEK, South Korea, Dec. 2, 2023 /PRNewswire/ -- UL Solutions, a leading global safety science company, today announced the opening ...
ENERtec Asia 2024: Driving Sustainable Urban and Industrial Energy Transition in Southeast Asia
Informa Markets Unveils ENERtec Asia, Transforming the ASEAN M&E Trade Show KUALA LUMPUR, Malaysia, Dec. 1, 2023 /PRNewswire/ -- The global energy landscape is undergoing a rapid transformation, driven by the urgent need to transition to sustainable energy sources and enhance energy efficiency. I...
SKF increases localization rate in the Americas and Asia; closes factory in Busan, Korea
GOTHENBURG, Sweden, Dec. 1, 2023 /PRNewswire/ -- SKF today announces a transfer of the supply of products from the factory inBusan, Korea, to China, India and Mexico. This is another step in the continuous execution of the Group's strategy, where regionalization is an important part. Consequently...
NETA Auto's Thailand Factory Successfully Initiates Production
SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- On November 30, NETA Auto's first overseas factory officially commenced production.Zhang Yong, co-founder and CEO of NETA Auto, and Wanchai Jungsanguanphonsuk, CEO of Bangchan General Assembly Co., Ltd., a partner of NETA Auto, attended the ceremony. The ro...
XCMG Future Creator: XCMG Apprentice Season 8 Brings Focus to Intelligent Manufacturing and Green Equipment
XUZHOU, China, Nov. 30, 2023 /PRNewswire/ -- Themed "XCMG Future Creator," the eighth season of XCMG Machinery's (SHE:000425) international talent development program XCMG Apprentice has successfully wrapped up a one-week workshop at XCMG's headquarters in Xuzhou. Six machinery equipment operator...
Nexteer Expands Global Footprint to Further Capitalize on APAC Growth
AUBURN HILLS, Mich. and SUZHOU, China, Nov. 30, 2023 /PRNewswire/ -- Nexteer Automotive today announced it will further capitalize on APAC growth by increasing manufacturing and testing capacity through a strategic footprint expansion into Changshu withinChina's Jiangsu Province nearby the compan...
Sgcarmart & KINTO Singapore Introduce New Leasing Option for Used Car Buyers
SINGAPORE, Nov. 29, 2023 /PRNewswire/ -- Sgcarmart, Singapore's #1 car platform for buying & selling cars, officially introduced its new 'Leasing as an option' service earlier today. This new leasing service will be available for used car buyers on their website, who can now opt to drive an Sgcar...
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