Auto & Transportation
Hyundai Motor's IONIQ 5 Sweeps Car of the Year Awards in Singapore
* IONIQ 5 named the Straits Times Car of the Year 2023 as well as Sgcarmart Car of the Year and Electric SUV of the Year for 2023 * Hyundai Motor to build on these awards to strengthen its position as the leading EV brand in the region SEOUL, South Korea and SINGAPORE, Jan. 1, 2024 /PRNewswir...
Petal Maps and Tawasal SuperApp Join Forces for a forward thinking maps service, setting the foundation for Building a Global In-Car Solution Ecosystem
DUBAI, UAE, Dec. 29, 2023 /PRNewswire/ -- On December 26th, Petal Maps, Huawei's navigation system, signed a memorandum of Understanding (MOU) with Tawasal, a leading innovator in communication technology in the UAE. The objective of the collaboration is to provide enhanced map services for users...
Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
STOCKHOLM, Dec. 29, 2023 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that as ofDecember 29, 2023, the total number of issued shares of common stock is 87,496,531 of which 82,642,524 shares are outstanding. Aut...
DST Releases its Inaugural Environment, Social and Governance ("ESG") Report
SHENZHEN, China, Dec. 29, 2023 /PRNewswire/ -- DST, China's leading new energy vehicle ("NEV") fleet management company, today released its inaugural Environment, Social and Governance ("ESG") report. The first-ever ESG report highlights the progress and evolution of milestones surrounding DST's ...
Krishnamani Kannan, CEO & Co-Founder of Maxima Logistics Pte Ltd, wins Master Entrepreneur Award at the Asia Pacific Enterprise Awards 2023 Regional Edition
SINGAPORE, Dec. 28, 2023 /PRNewswire/ -- In a dazzling celebration of regional excellence, the Asia Pacific Enterprise Awards (APEA) 2023 Regional Edition took center stage to honor outstanding businesses and visionary leaders who have played a pivotal role in propelling their enterprises to new ...
Zoomlion Accelerates Growth and Innovation in the Middle East with Strategic Development and Collaborative Innovation
CHANGSHA, China, Dec. 28, 2023 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK), a leading Chinese construction machinery and equipment manufacturer, is further underscoring its commitment to the Middle Eastern market. The company's Chairman and CEO, Zh...
DEKRA recognized by the Car Connectivity Consortium (CCC) as a CCC Digital Key Authorized Laboratory in four locations
* DEKRA receives this authorization for its laboratories in Guangzhou and Suzhou (Mainland China),Taiwan, and Málaga (Spain). STUTTGART, Germany, Dec. 27, 2023 /PRNewswire/ -- DEKRA has become one of the first global authorized laboratories for CCC Digital Key Certification by the Car Connectiv...
OR records 600% year-on-year quarterly profit growth in Q3 2023 driven by mobility business, maintaining positive momentum of international expansion
BANGKOK, Dec. 28, 2023 /PRNewswire/ -- In light of higher global oil prices due to sluggish supply in the third quarter of 2023,Thailand's leading oil and retail company PTT Oil and Retail Business Plc. (OR) managed to make quarterly profit growth of over 600% compared to the same period last yea...
Helm.ai Announces DNN Foundation Models for Intent Prediction and Path Planning
Company Applies Deep Teaching to Build Scalable AI Approach for L2/L3 ADAS through L4 REDWOOD CITY, Calif., Dec. 28, 2023 /PRNewswire/ -- Helm.ai, provider of next-generation AI software for autonomous driving and automation of robotics, today announced DNN (Deep Neural Network)-based foundation...
EKA Mobility joins forces with Mitsui and VDL Groep to create a leading global OEM in India
* EKA, Mitsui & VDL Groep have entered a strategic long-term partnership, that will include joint investments, equity & technology cooperation * With a joint investment of over USD 100 million (~ INR 850 crores) in phases, the cooperation will positionIndia as the global manufacturing & sourc...
Wi-Fi 7 and Standard Power 6 GHz to Boost Wi-Fi Infrastructure Market Rebound in 2024 With 12.3% Year-on-Year Shipment Growth
LONDON, Dec. 27, 2023 /PRNewswire/ -- In 2023, the worldwide Wi-Fi market faced challenges: 3Q shipments dropped 13.0% YOY, and 2023 revenues are expected to fall by 8.1%. Reasons include financial constraints, market saturation, and implementation issues. However, this might be the low point, as...
WEPACK 2024 Scheduled to Take Place in Shenzhen, China in April 2024
The Premier Event Spans the Entire Packaging Industry Chain SHENZHEN, China, Dec. 27, 2023 /PRNewswire/ -- The packaging industry is poised to encounter a series of new opportunities and challenges in 2024. The rising cost of upstream raw materials and the lack of economies of scale for midstrea...
Giti Tires Used at the Idemitsu Super Endurance Southeast Asia Trophy 2023
Giti Competition tires tested locally to deliver performance in the highly anticipated races BURIRAM, Thailand, Dec. 26, 2023 /PRNewswire/ -- Giti Tire had announced their participation as a race tire supplier for 3 classes of races at the Idemitsu Super Endurance Southeast Asia Trophy 2023 race...
XCMG Commissions the World's First New Energy Loader Production Line
XUZHOU, China, Dec. 26, 2023 /PRNewswire/ -- XCMG Machinery (SHE: 000425,
"XCMG") has officially inaugurated the XCMG Loading Equipment Research
Institute (the "Institute") and commissioned the world's first new energy
loader production line in Xuzhou, China.
APX Accelerates Growth with ADB Ventures Funding, Eyes Singapore and Malaysia for 2024 Launch
BANGKOK, Dec. 26, 2023 /PRNewswire/ -- APX Solutions
Gotion High-tech Held the 13th Supplier Conference and 2024 Strategy Launch
HEFEI, China, Dec. 25, 2023 /PRNewswire/ -- On December 23, 2023, Gotion High-tech successfully held the 13th Supplier Conference and 2024 Strategy Launch inHefei. The occasion served as a platform for Gotion High-tech to present its four strategies for quality, globalization, R&D, and supply cha...
Jakarta-Bandung High-Speed Railway: a New Example for Belt and Road Cooperation
BEIJING, Dec. 25, 2023 /PRNewswire/ -- A report from Ifeng News:   On September 7, 2023, the Jakarta-Bandung High-Speed Railway, after eight year's construction, finally launched inIndonesia. It spans over 140 kilometers connectingJakarta with Bandung. It's the first High-...
Vehicle data platform leader, Infocar launches new product to enter Japanese market
SEOUL, South Korea, Dec. 25, 2023 /PRNewswire/ -- Infocar, a leading vehicle
data platform, has announced that it will launch a new product to enter the
Japanese market in the first half of 2024.
Invitation to Autoliv's Q4, 2023 Earnings Call
STOCKHOLM, Dec. 22, 2023 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the fourth quarter 2023 on Friday, January 26, 2024 at 12:00 Central European Time (CET). The report will be available at www.autoliv.com In addition, a teleconference will take place the same day. ...
OR launches new PTT Station Flagship as a gateway to embrace more diversification and pursue its objectives of becoming sustainable growth platform
BANGKOK, Dec. 22, 2023 /PRNewswire/ -- For years, PTT Oil and Retail Business Plc. (OR)'s fuel station known as "PTT Station" has become a favorite one-stop lifestyle destination for customers, serving far beyond its original purpose as a gas station, with a wide range of modern amenities, conven...
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