Transportation

Veoneer Awarded Active Safety System by Major Asian OEM

STOCKHOLM, Nov. 15, 2022 /PRNewswire/ -- The automotive technology company Veoneer has signed an agreement with a major Asian OEM to equip an electric vehicle joint-venture inChina with an active safety system comprising of a monovision camera, a package of forward-looking and corner radars, and ...

2022-11-15 16:23 1579

XCA 2600, World's Strongest All-Terrain Crane Developed by XCMG, Sets New Wind Power Hoisting Record

WEIFANG, China, Nov. 15, 2022 /PRNewswire/ -- XCA2600, the world's strongest all-terrain crane independently developed by XCMG (SHE: 000425), world top three construction machinery manufacturer, lifted and installed an 8.5MW wind turbine recently in the Changyi Wind Farm in Weifang,Shandong Provi...

2022-11-15 14:28 2484

ECARX Secures $65 Million Convertible Note Financing Prior to its Planned Business Combination with COVA Acquisition Corp.

The $65 million in convertible notes and previously announced $45 million in additional capital from strategic partners equates to$110 million, expecting to surpass the$100 million minimum available cash condition to close the business combination LONDON, Nov. 14, 2022 /PRNewswire/ -- ECARX Hold...

2022-11-14 22:00 2734

Hyundai Motor Group Signs MoU with Nusantara Capital City Authority to Establish Ecosystem for Advanced Air Mobility

-  A First Step to Open Up AAM in ASEAN Market  - * President Jaiwon Shin of Hyundai Motor Group and the Head of Nusantra Capital City AuthorityBambang Susantono attended the MoU signing ceremony * The Group and local authorities signed to proactively introduce advanced air mobility (AAM) in ...

2022-11-14 21:29 2217

Higer Bus Company Serves COP27 with Electric Buses

SUZHOU, China, Nov. 14, 2022 /PRNewswire/ -- On November 6, 2022, the 27th UN Climate Change Conference(COP27) kicked off in Sharm el-Sheikh, Egypt. The conference focuses on "implementation" and discusses climate issues from a practical level. As the only Chinese bus brand servingCOP27, thirty u...

2022-11-14 21:25 1949

Hyundai Motor Group Executive Chair Urges Bold Action on Climate Change and Energy Poverty at B20 Summit Indonesia 2022

* Executive Chair Euisun Chung speaks on the topic of 'Energy Poverty and Accelerate a Just and Orderly Sustainable Energy Use,' at B20 Summit Indonesia 2022 * Occurring prior to G20 Summit, the B20 Summit attracts thousands of attendees from major G20 member countries * Executive Chair Chu...

2022-11-14 20:29 1936

Mindtronic uses machine learning technology to create a personalized driving experience

Make cars more than just a "phone with four wheels"! TAIPEI, Nov. 14, 2022 /PRNewswire/ -- This article is based on an interview undertaken by FusionMedium's  technology online media, TechOrange, and published with permission:  The market scale of smart vehicles continues to multiply, making ele...

2022-11-14 15:14 1671

oToBrite Bullish on Future of Commercial and Special-purpose Vehicle Markets Given Wide-ranging Uses of Vision AI

TAIPEI, Nov. 14, 2022 /PRNewswire/ -- This article is based on an interview undertaken by FusionMedium's  technology online media, TechOrange, and published with permission:  In recent years, the application of Vision AI has been witnessing rapid growth. In tandem with the automotive sector, the...

2022-11-14 15:09 1434

How did Whetron Electronics enter the International intelligent vehicle market with sensing technologies?

Honda, Ford, and Mazda's EV sensors are all made in Taiwan TAIPEI, Nov. 14, 2022 /PRNewswire/ -- This article is based on an interview undertaken by FusionMedium's  technology online media, TechOrange, and published with permission:  Whetron Electronics was established in 1983 as a provider to t...

2022-11-14 15:08 1425

What advantages does Taiwan have in the era of AI and smart vehicles? Kneron's CEO points out three

TAIPEI, Nov. 14, 2022 /PRNewswire/ -- In recent years, the high-tech manufacturing market has been making efforts to respond to the demand for diversified smart devices. With an increasing demand for customized AI chips, such components cannot be produced in traditional supply chain models. ...

2022-11-14 15:01 1743

Hyundai Motorsport has completed the 2022 FIA World Rally Championship (WRC) with an emphatic 1-2 result at Rally Japan

Rally Japan – Day Three Report * Hyundai Motorsport has completed the 2022 FIA World Rally Championship (WRC) with an emphatic 1-2 result at Rally Japan * Thierry Neuville and Martijn Wydaeghe scored their second victory of the season – and the team's fifth – on a rain-affected final day, ahe...

2022-11-14 11:42 1587

Led by Star Products of TIGGO Series, Chery's Several New Vehicles Will Enter the Australian and New Zealand Markets

CANBERRA, Australia, Nov. 14, 2022 /PRNewswire/ -- Recently, Chery has formulated a new product release plan for Australian region, and it is going to put the global best-selling TIGGO 8 PRO and TIGGO 7 PRO on sale next year. TIGGO series is the representative of Chery's strength, and its star pr...

2022-11-14 11:30 1912

Making Debut at Doha International Airport, Chery Shares a Football Feast with You

CANBERRA, Australia, Nov. 14, 2022 /PRNewswire/ -- As the football feast in Qatar approaches, the relevant elements have already spread throughout the streets and lanes ofQatar's major cities. At Doha International Airport, Chery makes a prominent appearance for facilitating this football event, ...

2022-11-14 09:03 2086

2GO continues profitable course in Q3 2022

PASAY CITY, Philippines, Nov. 14, 2022 /PRNewswire/ -- 2GO Group, Inc. (2GO), the country's leading transportation and logistics service provider anda part of SM Investments Corporation's portfolio investments, delivered back-to-back profitable quarters with strong third quarter net income ofPhp1...

2022-11-14 06:42 2674

Hyundai Motor Company and PT Adaro Minerals Indonesia, Tbk. Signed a Memorandum of Understanding to Secure Aluminum Supply in the Face of Growing Demand for Automobile Manufacturing

* Hyundai Motor and PT Adaro Minerals Indonesia, Tbk. (AMI) to also establish a comprehensive cooperative system regarding the production and supply of aluminum * Based on cooperation in the production of cars, battery cells, and aluminum inIndonesia, Hyundai Motor Company will continue to di...

2022-11-13 18:13 4865

Hyundai Motor Group Executive Chair Urges Bold Action on Climate Change and Energy Poverty at B20 Summit Indonesia 2022

* Executive Chair Euisun Chung speaks on the topic of 'Energy Poverty and Accelerate a Just and Orderly Sustainable Energy Use,' at B20 Summit Indonesia 2022 * Occurring prior to G20 Summit, the B20 Summit attracts thousands of attendees from major G20 member countries * Executive Chair ...

2022-11-13 18:00 5019

2022 GMCOG boost China-ASEAN maritime cooperation

SANYA, China, Nov. 11, 2022 /PRNewswire/ -- On November 3-4, 2022, the "2022 Ocean Cooperation and Governance Forum", co-organized by National Institute for South China Sea Studies, China, kicked off in Sanya, Hainan.China's maritime cooperation with ASEAN countries has evolved from the initial e...

2022-11-11 21:55 7518

Davinci Motor Officially Enters EU Market with DC100 Electric Motorcycle Launch at EICMA 2022

MILAN, Nov. 11, 2022 /PRNewswire/ -- Davinci Motor, a fast-growing Chinese manufacturer of high-performance robotic electric motorcycles, unveiled plans to expand into the EU market with the launch of its new two-wheeler DC100 at its press conference at EICMA, the world's leading exhibition of mo...

2022-11-11 19:45 5052

Concordia Maritime: Interim report, 1 January-30 September 2022

Successful vessel sales GOTHENBURG, Sweden, Nov. 11, 2022 /PRNewswire/ -- Total income Q3: SEK 118.2 (165.6) million 9 months: SEK 423.1 (553.6) million EBITDA Q3: SEK 38.0 (-56.8) million 9 months: SEK 170.4 (-119.1) million Result before tax Q3: SEK -22.8 (-141.4) million 9 months: SEK -16.7 (...

2022-11-11 16:24 2552

CATL and Daihatsu reached strategic cooperation agreement

OSAKA, Japan, Nov. 11, 2022 /PRNewswire/ -- Contemporary Amperex Technology Co., Limited (CATL) and Daihatsu Motor Co., Ltd. (Daihatsu) announced an MOU of Strategic Cooperation on battery supply and battery technologies to promote e-mobility inJapan.

2022-11-11 09:00 3437
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