Auto & Transportation
Veoneer Honored by FCA as 2019 Supplier of the Year
STOCKHOLM, Oct. 26, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), was named FCA Electrical Supplier of the Year during the virtual 2020 North America Annual Supplier Conference and Awards program held onOctober 23, 2020. The FCA Supplier of the...
GWM's POER Pickup Features 8AT for Global Launch
This Upcoming Launch Drives GWM Forward on its Internationalization Strategy BEIJING, Oct. 26, 2020 /PRNewswire/ -- GWM (601633.SS/02333.HK), a world-renowned SUV and pickup manufacturer, is entering the international mainstream pickup truck market with the launch of POER pickup in the fourth qu...
Third party tests confirm HYZON Motors' new liquid-cooled fuel cell stack leads the world in power density
* HYZON's new proton exchange membrane fuel cell is designed to power ultra-heavy vehicles and machinery without compromise in performance or economics * Third party testing from TUV Rheinland validates record peak power density above 6kW/L – the highest power density fuel cell stack in the w...
DJI and Mercedes-Benz EQ Formula E Team have lift-off
* DJI, global leader for civilian drones and aerial imaging technology, to become an Official Team Supplier of the Mercedes-Benz EQ Formula E Team * Ian James: "We are continually looking at innovative ways to bring our fans closer to the team. In our conversations with DJI, we soon discovered...
Clarios Delkor® Corporation Wins Korean Quality Excellence Award in Car Battery Category for 15th Consecutive Year
SEOUL, South Korea, Oct. 26, 2020 /PRNewswire/ -- Clarios Delkor® Corporation was named the top automotive battery manufacturer in the 2020 Korean Standard - Quality Excellence Index (KS-QEI) by the Korean Standards Association. Clarios Delkor Corporation is the Korean subsidiary of Clarios, t...
Financial Report July - September 2020
STOCKHOLM, Oct. 23, 2020 /PRNewswire/ -- Q3 2020: Better than Q3 2019 Financial highlights Q3 2020 $2,037m net sales 0.4% organic sales growth* 8.6% operating margin 10.1% adjusted operating margin* $1.12 EPS - an increase of $0.14 $1.48 adjusted EPS* - an increase of $0.18 Full year 2020 ind...
Financial Report July - September 2020
STOCKHOLM, Oct. 23, 2020 /PRNewswire/ -- Financial Summary - Q3'20 * Net Sales and Cash flow were better than expected * Net Sales of $371 million declined by 20% including an Organic Sales1 decline of 7% * Active Safety Net Sales of $170 million declined by 5% including an Organic Sales ...
CRRC High-Speed EMU Maximizes Mobility for Hundreds of Millions of Travelers During China National Day Holiday
BEIJING, Oct. 23, 2020 /PRNewswire/ -- CRRC ("CRRC Corporation Limited" or "the company"), one of the world's leading rail transportation equipment providers, has enabled travel for hundreds of millions inChina with their high-speed Electric Multiple Unit (EMU) trains -- playing a key role in ...
Nexteer Unveils New High-Output Electric Power Steering System
* Converts Heavy-Duty Trucks & Light Commercial Vehicles from Hydraulic to
Electric Power Steering
* Enables Heavier Vehicles to Take Advantage of Advanced Safety, Comfort and
Fuel Economy AUBURN HILLS, Mich., Oct. 23, 2020 /PRNewswire/ -- Nexteer
Automotive
Lear Climate Change Strategy Aims for Net Zero Emissions by 2050
SOUTHFIELD, Mich., Oct. 23, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA),
a global automotive technology leader in Seating and E-Systems, today expanded
its sustainability efforts by announcing several new environmental goals,
including achieving net zero emissions by 2050.
EV Charge Holding Limited secures EUR15 million from GEM
ZHENGZHOU, China, Oct. 23, 2020 /PRNewswire/ -- EV Charge Holding Ltd. (EV Charge), an electric charging solution company incorporated under the laws of theUnited Kingdom whose registered office is at 20-22 Wenlock Road, London, England, N1 7GU, announced that it has signed an agreement with GEM ...
More than 500 SANY machines are working on the Jakarta-Bandung high-speed railway project
BEIJING, Oct. 23, 2020 /PRNewswire/ -- Recently, Jakarta-Bandung high-speed railway project has reached a criticalmilestone following the breakthrough of tunnel No.3. There are currently more than 500 SANY machines working on the constructionsite of the project in Indonesia. "80 percent of the eq...
CNN and Hyundai Motor Company embark on a new campaign exploring innovations in transport and mobility
HONG KONG, Oct. 23, 2020 /PRNewswire/ -- CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) are partnering on a cross-platform campaign that explores how innovation will change the way we will live in the future. In this exclusive global partnership, CNN will deliver a creat...
Hitachi Elevator Wins Bid for Nanjing Jinling Central Project
NANJING, China, Oct. 21, 2020 /PRNewswire/ -- In September, Hitachi Elevator secured the bid forNanjing's "Jinling Central" complex development and construction project, and shall provide 65 elevator products and supporting services, of which the highest elevator reaches speeds of6m/s. "Jinling ...
IAR Systems adds functionality to functional safety certified Renesas RH850 development tools
UPPSALA, Sweden, Oct. 22, 2020 /PRNewswire/ -- Latest version of IAR Embedded Workbench for Renesas RH850 further strengthens automotive embedded applications development through added support for position-independent code IAR Systems®, the future-proof supplier of software tools and services for...
VeriTX Teams with Algorand to Deliver Leading Digital Marketplace for Aerospace Manufacturing
BUFFALO, New York, Oct. 22, 2020 /PRNewswire/ -- VeriTX Corp., the trusted marketplace for digital assets enabling decentralized manufacturing, announced today it will develop a digital supply chain for aircraft parts using the Algorand blockchain technology. The VeriTX digital marketplace allows ...
Pininfarina launches design competition for a new world
TORINO, Italy, Oct. 22, 2020 /PRNewswire/ -- How design will have to approach the new world? On the occasion of its90th anniversary, Pininfarina launches an international design competition that challenges students from all around the world to create something that expresses their dreams for the ...
GEM Group Invest EUR15 million to EV Charge Holding Limited
ZHENGZHOU, China, Oct. 22, 2020 /PRNewswire/ -- EV Charge Holding Ltd. (EV Charge), an electric charging solution company incorporated under the laws of theUnited Kingdom whose registered office is at 20-22 Wenlock Road, London, England, N1 7GU, announced that it has signed an agreement with GEM ...
Hillebrand Acquires Braid
With this acquisition, Hillebrand aims to strengthen its position as a leading global logistics service provider not only for alcoholic beverages but also for other non-hazardous bulk liquids commodities. MAINZ, Germany, Oct. 22, 2020 /PRNewswire/ -- Hillebrand, a world leading forwarding, trans...
Alaska Airlines and Microsoft sign partnership to reduce carbon emissions with flights powered by sustainable aviation fuel in key routes
Sustainable aviation fuel supplied by industry leader SkyNRG signals new approach for business travel SEATTLE and REDMOND, Wash., Oct. 22, 2020 /PRNewswire/ -- Microsoft Corp. employees who fly between their global headquarters inRedmond, Washington, and California on Alaska Airlines will fly mo...
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