Transportation
Tata Elxsi Licenses AUTOSAR Adaptive to Great Wall Motors, China's Largest SUV and Pickup Manufacturer
BEIJING and BANGALORE, India, May 22, 2019 /PRNewswire/ --Tata Elxsi today announced the licensing of their AUTOSAR Adaptive platform to Great Wall Motors. Tata Elxsi's AUTOSAR Adaptive platform, developed in collaboration with a leading European OEM, will help accelerate the development of conne...
GAC Motor International Limited Opens in Hong Kong, Paving the Way for Further Global Brand Expansion
HONG KONG, May 22, 2019 /PRNewswire/ -- GAC Motor, China's leading automaker, hosted the opening ceremony of GAC Motor International Limited in Hong Kong on May 21st. The ceremony was attended by distinguished guests from the government, executives of GAC Group and GAC Motor, business partners an...
Latin America's Mobility Future is About Safety and Flexibility: Key Industry Transformations OEMs Must Embrace
Carmakers to invest in new safety standards, powertrain technologies and car-sharing in LATAM to keep up with global trends, finds Frost & Sullivan BUENOS AIRES, Argentina, May 21, 2019 /PRNewswire/ -- The Latin American passenger vehicle (PV) market is expected to achieve unit shipment of appro...
Hangzhou capitalizes on Aviation Town to become an aviation city
HANGZHOU, China, May 21, 2019 /PRNewswire/ -- Jiande Aviation Town inked seven general aviation deals in the first quarter of 2019, attracting some2.5 billion yuan of investment, according to an official with the town management committee. The aviation town currently has 17 more projects in talks...
CIOE 2019 to Focus on the Future of Intelligent Driving
SHENZHEN, China, May 21, 2019 /PRNewswire/ -- Intelligent driving has become a hot spot in the world of vehicle engineering research and a new driving force for the growth of the automotive industry. Among them, environmental sensing is the basis for intelligent driving. Cameras, millimeter-wave ...
DeepBlue Technology impresses media and industry leaders with Panda Bus at 3rd World Intelligence Congress
TIANJIN, China, May 21, 2019 /PRNewswire/ -- DeepBlue Technology took part in the 3rd World Intelligence Congress, held in Tianjin from May 16-19. At the conference, DeepBlue showcased their flagship product, the DeepBlue Panda Bus, as part of the AI CITY framework to guests and leaders from over...
Veoneer Announces Offering of Common Stock and Convertible Senior Notes
STOCKHOLM, May 21, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB),a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), announced today that it intends to commence concurrent offerings of$350 million of shares of common stock and $...
Asia300 Forum Gathers Asian Business and Political Leaders in SW China
CHONGQING, China, May 20, 2019 /PRNewswire/ -- As reported by iChongqing, Asia300 Global Business Forum Chongqing Summit, kicked off inSouthwest China's Chongqing Municipality on May 16,2019, as part of the 2nd Western China International Fair for Investment and Trade. The Chongqing Summit gathe...
Jiuye SCM Lands C+ Financing from CMH Growth Fund
SHANGHAI, May 20, 2019 /PRNewswire/ -- Jiuye Supply Chain Management ("Jiuye SCM" or "the Company"),China's leading cold chain service provider, has completed its Series C+ funding led by CMH Growth Fund. Proceeds from the financing are to be used for the development of the cold chain logistics ...
NI and OPAL-RT Sign Strategic Agreement to Work Together to Advance Electric Vehicle Testing Through Hardware-in-the-Loop Simulation
Partnership to drive innovation with NI software-defined automated test platform and OPAL-RT hardware-in-the-loop real-time simulation expertise MONTREAL, May 20, 2019 /PRNewswire/ -- NI (NASDAQ: NATI), the provider of a software-defined platform that helps accelerate the development and performa...
Meituan Demonstrates Social Contribution through Its First Corporate Social Responsibility Report
BEIJING, May 17, 2019 /PRNewswire/ -- Meituan (HKG: 3690), China's leading e-commerce platform for services, today released its first Corporate Social Responsibility report ("Meituan CSR Report"). The report demonstrates how the company integrates responsibility with its corporate strategy and bu...
118 public transportation escalators: Hitachi Elevator wins bid in phase I construction of Jinan Rail Transit's R2 line
JINAN, China, May 17, 2019 /PRNewswire/ -- Hitachi Elevator won a bid in the phase I portion of the construction of Jinan Rail Transit's R2 line onMarch 19. The 118 public transportation escalators will be part of Jinan's development plans for its rail transportation network. Phase I of Jinan Ra...
Karma Automotive Grows California Investment With New Customer Experience Center
-- KARMA FURTHER INVESTS IN $100M INNOVATION AND CUSTOMIZATION CENTER IN MORENO VALLEY, CALIF. -- NEW EXPERIENCE SUPPORTS PERSONAL CONNECTION BETWEEN KARMA OWNERS AND THE PEOPLE BEHIND THE BRAND -- KARMA'S NEW 2020 REVERO GT PRESENTED BY THE TEAM THAT HANDCRAFTED THEM MORENO VALLEY, California,...
Reevoo and J.D. Power Combine Strengths to Lead Automotive Consumer Insights Space in the US
LONDON, May 16, 2019 /PRNewswire/ -- In the automotive space, Reevoo, global leader in customer-sourced review technology, and J.D. Power, the global leader in data analytics and consumer intelligence, today announced an exclusive alliance. This union will create J.D. Power Verified Reviews, an...
Innovation and Development, Create New Modes of International Logistics in the "Belt and Road" Cooperation
MUNICH, May 16, 2019 /PRNewswire/ -- In the past 8 years, China Railway Express has rapidly developed into a competitive international logistics brand, achieving win-win results forChina and countries along the "Belt and Road". Up to now, more than 13,000 trains have been put into operation betwe...
Kaisun Holdings and China Railway Engineering Construction Mongolia signed agreement for construction on Mongolia Choir Railway Platform, opening up logistics along China, Mongolia and Russia
HONG KONG, May 16, 2019 /PRNewswire/ -- On May 15, 2019, Kaisun Holdings Limited (stock code: 8203) (Kaisun Holdings) and China Railway Engineering Construction Mongolia signed construction agreement for construction on Mongolia Choir Railway Platform. This project opens up logistic alongChina, ...
Guizhou spearheads mobile payment in west China
GUIYANG, China, May 16, 2019 /PRNewswire/ -- As of December 2018, 13 highway toll stations ofGuizhou had adopted WeChat payment and about 2,000 of 3,738 highway lanes inGuizhou had installed QR code scanning equipment. "It saves me a lot of time to pay via WeChat without bothering to ask forchang...
ZTO Reports First Quarter 2019 Unaudited Financial Results
Parcel Volume Grew 41.6% to 2.3 Billion, Market Share Expanded to 18.6% Adjusted Net Income Increased 27.6% to Reach RMB966.4 Million SHANGHAI, May 16, 2019 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in Ch...
CATL and Volvo Car Group Sign multi-billion-dollar battery supply deal
NINGDE, China, May 15, 2019 /PRNewswire/ -- A long-term agreement has been signed between Contemporary Amperex Technology Co., Ltd. (CATL) and the world's top-tier OEM Volvo Car Group (Volvo Cars) to ensure multi-billion-dollar supply of lithium ion batteries over the coming decade for next gener...
High Adoption of Electric Vehicles in China Attracts OEMs Looking to Expand Their Global Footprint
Introduction of several new models to increase adoption of xEVs, especially in Canada and South Korea, finds Frost & Sullivan LONDON, May 14, 2019 /PRNewswire/ -- More than 2.8 million electric vehicles ( EVs) are likely to be sold globally in 2019, of which 68% will be battery EVs ( BEVs) and 32%...
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