Auto & Transportation
Heart Aerospace raises $107 million in Series B funding
GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Swedish hybrid-electric
airplane maker Heart Aerospace today announced it raised a total of$107 million
in Series B funding, representing another significant stepping stone toward
sustainable regional air travel.
Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company's 97-year history
GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Full Year 2023 * 2023 revenue was SEK 399.3 bn (SEK 330.1 bn in 2022) * 2023 operating income (excl. JVs and associates) was SEK 25.6 bn (SEK 17.9 bn in 2022) * 2023 operating income was SEK 19.9 bn (SEK 22.3...
Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe
TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle forEurope, based on Hyundai's Global eLCV platform. The new vehicle will join Ivec...
NX Netherlands Receives IATA CEIV Pharma Certification for Its Warehouse Near Amsterdam Airport Schiphol
TOKYO, Feb. 1, 2024 /PRNewswire/ -- Nippon Express (Nederland) B.V. (hereinafter "NX Netherlands"), a group company of NIPPON EXPRESS HOLDINGS, INC., has acquired CEIV Pharma certification (*), a quality certification for pharmaceutical transport established by the International Air Transport As...
UL Solutions Introduces ULTRUS Software Brand to Help Customers Improve Speed to Market, Sustainability and Safety
The ULTRUS™ software portfolio harnesses data and seeks to provide UL Solutions' customers with information and clarity to advance innovation, supply chain and sustainability goals. NORTHBROOK, Ill., Jan. 31, 2024 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, has annou...
LeddarTech's 2023 Year-in-Review Business Results
QUEBEC CITY, Jan. 31, 2024 /PRNewswire/ -- LeddarTech Holdings Inc. (LeddarTech® ) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision, for ADAS, AD and parking applications, is pleased to...
High-Quality Charging Anywhere | Huawei Releases Top 10 Trends of Charging Network 2024
SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ -- Huawei released the Top 10 Trends of Charging Network 2024 on January 30, themed "High-Quality Charging Anywhere." At the event, Wang Zhiwu, President of Huawei Smart Charging Network Domain, comprehensively interpreted these trends from technol...
ZTO to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 19, 2024 U.S. Eastern Time
SHANGHAI, Jan. 31, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the fourth quarter endedDecember 31, 2023 a...
DTDC WIDENS ITS PRESENCE BY LAUNCHING OPERATIONS IN MALAYSIA, SETS SIGHTS ON SOUTHEAST ASIAN EXPANSION
KUALA LUMPUR, Malaysia and MUMBAI, India, Jan. 31, 2024 /PRNewswire/ -- DTDC, India's leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, announced its foray into the Malaysian Market further strengthening its global footprint. The company inaugurated...
Discovering Guizhou along the Belt and Road
GUIYANG, China, Jan. 31, 2024 /PRNewswire/ -- The ancient Silk Road, where diverse civilizations collided over two thousand years ago, created a brilliant glow. Fast forward to the modern Silk Road, the Belt and Road Initiative, which has facilitated extensive consultation, joint contribution, an...
Shandong Heavy Industry Group Agreement with Singapore's Jardine Cycle & Carriage Direct Motor Interests for 120 Zhongtong Bus New Energy Buses
JINAN, China, Jan. 31, 2024 /PRNewswire/ -- In a significant ceremony held in Singapore on January 25, Shandong Heavy Industry Group and Singapore's Jardine Cycle & Carriage Direct Motor Interests (DMI) formally inked a deal for 120 Zhongtong Bus new energy buses. Zhongtong Bus new energy buses i...
Excelfore Recognized with Frost & Sullivan's 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry
Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findin...
Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity
* The round, led by CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), is joined by existing investors and unfolds concurrently with Tau Group's expansion of production capacity at its new facility TURIN, Italy, Jan. 30, 2024 /PRNewswire/ -- T...
GAC AION Launches in Hong Kong, Marking a New Chapter in GAC Group's Global Expansion
GUANGZHOU, China, Jan. 30, 2024 /PRNewswire/ -- On January 28th, GAC AION celebrated the grand opening of its first showroom inHong Kong, marking the brand's official entry into the market. The brand launch event in Kowloon Bay featured the introduction of new energy vehicles, including AION Y Pl...
LeddarTech's Board of Directors Appoints Sylvie Veilleux and Lizabeth Ardisana
QUEBEC CITY, Jan. 30, 2024 /PRNewswire/ -- LeddarTech® (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD, and parking applications, today announced that its Board of Directors appointed...
JETOUR T2 Debuts in the UAE, Featuring Advanced XWD Technology
DUBAI, UAE, Jan. 29, 2024 /PRNewswire/ -- On January 27th, 2024, JETOUR T2 was
officially launched inDubai, United Arab Emirates, marking the beginning of its
international journey.
Celgard and Æsir Technologies Forge Strategic Alliance to Drive Industry Innovation in Nickel-Zinc, Zinc-Air and Lithium-Zinc Batteries
CHARLOTTE, N.C., Jan. 29, 2024 /PRNewswire/ -- Celgard, LLC (Celgard), a subsidiary of Polypore International, LLC (Polypore), is pleased to announce a newly formed Alliance with Æsir Technology, Inc. (Æsir), a leading manufacturing company that specializes in developing next-generation Nickel-Z...
New Sinotruk Howo-T7S Set to Win Customers' Trust Through Stability and Reliability
JINAN, China, Jan. 29, 2024 /PRNewswire/ -- Sinotruk, the innovative challenger
truck company dedicated to providing top-tier heavy-duty truck solutions, is
increasingly earning new recognition inSouth-East Asia.
The firm's new Howo-T7S truck
Zoomlion's 2023 Performance Soars Due to Rapid Global Expansion with Net Profit Increasing Over 40% Year-on-Year
CHANGSHA, China, Jan. 29, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK), a leading Chinese construction machinery and equipment manufacturer, recently released a performance forecast, predicting net profit attributable to shareholders of listed ...
GAC AION forays into the HK NEV market
HONG KONG, Jan. 29, 2024 /PRNewswire/ -- On January 28, GAC AION declared open its first showroom inHong Kong, China, and held the brand and AION Y Plus product launch in Kowloon Bay, announcing the official entry ofGAC AION in Hong Kong and marking a further step of GAC Group's internationalizat...
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