Auto & Transportation
SMH Rail launches its latest innovation in the 'H10 Series' Locomotive Towards Green Mobility
KUALA LUMPUR, Malaysia, Aug. 20, 2021 /PRNewswire/ -- SMH Rail Sdn Bhd (SMH Rail),Malaysia's leading rolling stock manufacturer and maintenance service provider, today unveiled its newly manufactured 'H10 Series' Locomotives. Built with advanced technology and innovation in design engineering, th...
The Acquisition of HKTaxi by Uber Marks First Successful Full "Exit" Deal for Beyond Ventures
HONG KONG, Aug 20, 2021 /PRNewswire/ -- Beyond Ventures, a Hong Kong-based venture capital firm, is pleased to announce today that the acquisition of HKTaxi by Uber marks the first successful full "exit" deal for Beyond Ventures among all of its prominent portfolio companies. This is also a recog...
Transporta launches transport management solution for Indonesia's logistics sector towards digitizing SME truckers
JAKARTA, Indonesia, Aug. 20, 2021 /PRNewswire/ -- Transporta
GWM Acquires Daimler Factory in Brazil to Enhance Presence in South America and Expand Global Layout
BAODING, China, Aug. 19, 2021 /PRNewswire/ -- On August 18, GWM and Daimler AG signed an agreement on the acquisition of Daimler's factory in Iracemapolis, Brazil under the witness of GWM Rotating President Meng Xiangjun in Sao Paulo. The said agreement stipulates the transfer of the ownership of ...
ePropulsion Opens Hong Kong Office to Strengthen GBA-wide Engineering Capabilities
HONG KONG, Aug. 19, 2021 /PRNewswire/ -- ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, is opening an office inHong Kong to strengthen its research and development (R&D) capabilities. The new facility will support ePropulsion's growth as an ...
MPC Container Ships ASA reports Q2 and six-month 2021 results
OSLO, Norway, Aug. 19, 2021 /PRNewswire/ -- * Significantly improved operating revenues by 25 percent and EBITDA by 43 percent compared to Q1 2021. * Revised FY 2021 guidance based on current market developments. * Continued high chartering activity in Q2 2021 bringing the EBITDA backlog t...
Hybridization and Electric Vehicle Segments to Boost Global Powertrain Industry, Finds Frost & Sullivan
Internal combustion engines face more competition from electrified powertrains following stricter emission norms SANTA CLARA, Calif., Aug. 19, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis on theglobal powertrain industry finds that electric vehicles are gaining in popularity against t...
Autoliv Declares Quarterly Dividend
STOCKHOLM, Aug. 19, 2021 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of62 cents per share for the third quarter of 2021. The dividend will be payable...
Automobili Pininfarina Creates Monterey Magic With Packed Programme of Events
- Comprehensive programme of events in the US sees the Automobili Pininfarina Battista make its production-specification debut at Monterey Car Week - The event also saw the first public appearance of the exclusive Battista Anniversario in the US, presented at The Quail and Pebble Beach Concours ...
ZTO Reports Second Quarter 2021 Unaudited Financial Results
Adjusted Net Income Reached RMB1.27 Billion 5.8 Billion Parcels Attained 21.0% Market Share SHANGHAI, Aug. 19, 2021 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its una...
New TANK SUV Model Equipped with 3.0T+ 9AT Super Power
BAODING, China, Aug. 18, 2021 /PRNewswire/ -- Recently, the first model TANK "X" (which is not officially named, hereinafter referred to as TANK "X") after the independence of the TANK brand rolled off the production line in Jingmen Vehicle Production Base of GWM. On the basis of the sketch relea...
Webb Fontaine awarded contract in Egypt with Misr Technology Services for national roll out of state-of-the-art Integrated Risk Management service for Trade and Customs sector
DUBAI, UAE, Aug. 18, 2021 /PRNewswire/ -- Webb Fontaine, a leading provider of advanced and innovative Trade and Customs services, has announced its first-ever partnership to work with Misr Technology Services inEgypt. As an expert in the provision of the very latest Artificial Intelligence (AI) ...
Neusoft Reach Listed in KPMG China Leading AutoTech 50 Again
SHENYANG, China, Aug. 18, 2021 /PRNewswire/ -- On August 4, 2021, KPMG (China) released KPMG China Leading AutoTech 50 for the 4th year since 2018, where Neusoft Reach Automotive Technology Co., Ltd. ("Neusoft Reach") was listed for the second year successively for its innovative performances in ...
Percepto Lauded by Frost & Sullivan for Leading the Autonomous Drone-in-a-Box Market
SANTA CLARA, Calif., Aug. 18, 2021 /PRNewswire/ -- Based on its recent analysis of the global autonomous drone-in-a-box (DIB) solutions market, Frost & Sullivan recognizesPercepto Ltd. with the 2021 Global Company of the Year Award for dominating and advancing the market with its industry-best, r...
Frost & Sullivan Reveals Growth Opportunities in the Automotive Circular Economy
Webinar will explore how automotive industry players find new revenue streams in the circular economy and pursue a sustainable supply chain SANTA CLARA, Calif., Aug. 18, 2021 /PRNewswire/ -- Circular economy in the automotive industry has become more prevalent among original equipment manufactur...
Airbus, GRC, Avanti and Get SAT To Provide High-Speed, Secure Satcom-On-The-Move Connectivity
TEL AVIV, Israel, Aug. 18, 2021 /PRNewswire/ -- Airbus Defence and Space, GRC Ltd., Avanti Communications Group plc and Get SAT Ltd. have signed a multi-million dollars contract to deliver high-speed, secure satcom-on-the-move connectivity. GRC have partnered with Airbus to deliver hardware, trai...
HH Global acquires Adare International
Merge completion of global marketing services providers, HH Global and Adare International LONDON and CHICAGO, Aug. 18, 2021 /PRNewswire/ -- HH Global is pleased to announce the completion of the acquisition of Adare International (including Purple Agency), from the private equity firm Endless...
Zoomlion's Pilot 5G Tower Crane Remote Intelligent Control System Completes Its First Hoisting Task Globally
ZHENGZHOU, China, Aug. 17, 2021 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) successfully demonstrated its 5G tower crane remote control system (the "System") onJune 25 in Zhengzhou, China, and completed its first ever hoisting on the construction o...
SKF to service Berlin underground carriages in long-term agreement
GOTHENBURG, Sweden, Aug. 17, 2021 /PRNewswire/ -- SKF has signed a long-term agreement withStadler Rail to equip and service rolling stock for the Berlin underground (U-Bahn) inGermany. The contract, with Swiss rail vehicle manufacturer Stadler Rail, is worth several million Euros. It includes a...
2021 Dialogue with Shandong -- Japan-Shandong Industrial Cooperation and Exchange gets underway
JI'NAN, China, Aug. 17, 2021 /PRNewswire/ -- Dialogue with Shandong -- the Japan-Shandong Industry Cooperation and Exchange Seminar was held inJinan, Shandong province, on August 13. Government officials and business executives from across all sectors inShandong as well as in Japan attended the s...
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