Auto & Transportation
Autohome 2022 Q1 Results Beat Expectations
Revenue from NEV business and Used Car Business Outperform the Market HONG KONG, May 24, 2022 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced its unaudited consolidated results ...
Lear to Acquire I.G. Bauerhin, a Global Leader in Seat Climate Control
* Acquisition to accelerate strategy in thermal comfort solutions SOUTHFIELD, Mich., May 25, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems,recently announced it has entered into a definitive agreement to acquireI.G. Bauerhin <...
International consortium to advance decarbonisation of the aviation sector
CARE-O-SENE research project will develop advanced catalysts for sustainable aviation fuels JOHANNESBURG, South Africa, May 25, 2022 /PRNewswire/ -- Sasol (JSE: SOL, NYSE SSL) and Helmholtz-Zentrum Berlin (HZB) will lead a consortium to develop and optimise next-generation catalysts that will pl...
J&T Express Launches Network in Brazil to Continue its Expansion in Latin America
SAO PAULO, May 24, 2022 /PRNewswire/ -- J&T Express ("J&T"), an international express logistics company, announced today that it has officially launched its network inBrazil. This is another major step in J&T's expansion in the Latin American market, following the Company's launch of the netwo...
Nexteer and Continental Joint Venture CNXMotion Expands Brake-to-Steer Technology with New Software Functions
* Flexible, Cost-Efficient Software Functions Enhance Safety Redundancies for EPS & SbW Systems GRAND BLANC, Mich., May 24, 2022 /PRNewswire/ -- Further leveraging technology building blocks from its parent companies, Nexteer Automotive and Continental Automotive, CNXMotion expands its Brake-to...
Targa Telematics Applauded by Frost & Sullivan for Uniquely Leveraging Its Technology to Meet European Vehicle Leasing and Rental Telematics Real-world Client and Market Needs
Telematics track vehicles in real time and monitor their mileage, location, maintenance status, driver behavior, and claims costs, significantly minimizing expenses while maximizing customer satisfaction SAN ANTONIO, May 24, 2022 /PRNewswire/ -- Recently, Frost & Sullivan assessed the European v...
Chery is planning the new energy power structure for the next 30 years
ANKARA, Turkey, May 24, 2022 /PRNewswire/ -- Chery 4.0 Era All-Domain Power
Architecture covers fuel, hybrid, electric and hydrogen energy, and is
basically every possible roadmap known for automobile power technologies in the
next 30 years are included. Next,Chery Automobile Co., Ltd.
DERMALOG and Rheinmetall join forces for increased vehicle security
With the founding of the joint venture Rheinmetall Dermalog SensorTec GmbH, the technology group Rheinmetall and the biometrics company DERMALOG are aiming to bring enhanced safety to road traffic. The objectives of the partnership include the development of a next-generation driver monitoring sy...
TUV Rheinland and BRE Award VX Logistics China's First Net-zero Carbon Certification for Logistics Park
SHANGHAI, May 24, 2022 /PRNewswire/ -- On May 17, 2022, TUV Rheinland Greater China (TUV Rheinland) and the British Research Establishment (BRE) granted the Certification of Excellence for net-zero carbon buildings to new buildings in Shanghai Fengxian Lingang Park (VX Lingang Logistics Park) dev...
Nanoform 1Q 2022 report: Quarterly record of new projects and new customers
HELSINKI, May 24, 2022 /PRNewswire/ -- The positive momentum continues. A quarterly record of eight new non-GMP projects with seven different customers signed. Revenue grew by 174%, the number of employees by 49%, while the total operating costs grew by 27%. The gross margin rose to 92%. Signific...
Nippon Express Holdings Endorses Recommendations of Task Force on Climate-related Financial Disclosures (TCFD)
TOKYO, May 24, 2022 /PRNewswire/ -- Nippon Express Holdings, Inc. has recently expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) (*) established by the Financial Stability Board (FSB). Logo: https://kyodonewsprwire.jp/img/202205191426...
Lear Acquires Leading Seating Materials Specialist Thagora
* Acquisition improves Lear's manufacturing processes for surface material seating applications with scalable Industry 4.0 software and hardware SOUTHFIELD, Mich., May 24, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, recentl...
Nexteer Releases 2021 Sustainability Report; Demonstrates Company's Continued Efforts to Embrace ESG
AUBURN HILLS, Mich., May 23, 2022 /PRNewswire/ -- Nexteer Automotive released its annual Environmental, Social and Governance (ESG) / Sustainability Report highlighting the Company's sustainability achievements in 2021. As outlined in the report, Nexteer embraces sustainability as part of the Com...
RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B to Accelerate R&D and Expand Global Presence
BEIJING, May 23, 2022 /PRNewswire/ -- RobotPlusPlus, a leader in aerial work robots, today announced its Series B funding round ofUS$15 million, bringing it to approximatelyUS$35 million in total investment since its founding in 2017. This latest funding was led by Meituan,China's leading tech an...
Chery's Surging Power Train Framework Exerts Strength in this Era of New Energy
BANGKOK, May 23, 2022 /PRNewswire/ -- In this global context of new energy, Chery will extend 4.0 Era All-Domain Power Architecture and make use of its powertrain development system which covers traditional engines, dedicated hybrid engines and transmissions, and electric vehicles to launch more ...
Autoliv has refinanced its existing Revolving Credit Facility
STOCKHOLM, May 23, 2022 /PRNewswire/ -- Autoliv (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems has refinanced its existing$1.1 billion revolving credit facility agreement maturing in July 2023. Autoliv is pleased to announce that the refinancing of its existing core...
Hyundai Motor Group Increases US Investment as the Group Targets Innovation and Mobility Leadership
* HMG to invest more than USD 10 billion in US by 2025 to lead future mobility solutions * Investment to support HMG global position as first mover in innovation and next-generation mobility solutions; to contribute to U.S. manufacturing * HMG on May 20 announced a USD 5.54 billion new EV & ...
Sine Draco Aviation Technology Expands AS9100 Rev. D and ISO 9001 Certifications to Sine Draco Facilities in China
NANCHANG, China and BELLEVUE, Wash., May 23, 2022 /PRNewswire/ -- Sine Draco Aviation Technology today announced the expansion of its AS9100 Rev. D quality management standard certifications to Sine Draco Aviation Development ( Nanchang, China) and Sine Draco Aviation Services (Shanghai, China) fa...
Hyundai Mobis introduced a vertically swiveling display for integrated automotive cockpit system
* Developed a vertically swiveling 34" ultra large cockpit display. * A large single screen displaying driving info and controlling infotainment functions… Visibility enhanced with triple curved surface technology. * New convergence technology combining core component technology knowhow with ...
ESR announces successful tender of its shares in CNLP delivering a HK$1.0 billion gain on the investment
Represents approximately HK$2.7 billion of gross proceeds (US$350 million) which will be recycled back into new opportunities across APAC HONG KONG, May 23, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APA...
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