Auto & Transportation
IQAX eBL Partners with COSCO Shipping Captive Insurance to Achieve the First Synchronized Transfer of an eBL and an Electronic Insurance Policy
HONG KONG, Dec. 19, 2023 /PRNewswire/ -- IQAX Limited, a leading innovator of digital solutions for the logistics industry, has entered into a strategic partnership with COSCO Shipping Captive Insurance Co., Ltd., the first shipping captive insurance company inChina, to actively promote the devel...
Nature Wood Group Limited Announces First Half 2023 Unaudited Financial Results
NEW YORK, Dec. 19, 2023 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), a global leader in vertically-integrated forestry and FSC business operations, today disclosed its unaudited financial results for the six months endedJune 30, 2023. Financial Highlights: * Tot...
Lynk & Co's One Million in Six Years, Eyes Growth in Southeast Asia
HANOI, Vietnam, Dec. 18, 2023 /PRNewswire/ -- On December 16th, 2023, Lynk & Co embarked on a new chapter of its global journey with the grand opening of its flagship store inHanoi, Vietnam. Lynk & Co collaborates with TASCO Group, which possesses extensive experience in the Vietnamese automotive...
PROSPECTOR CAPITAL CORP. PROVIDES UPDATE ON THE STATUS OF THE BUSINESS COMBINATION CLOSING
LA JOLLA, Calif., Dec. 18, 2023 /PRNewswire/ -- Prospector Capital Corp. ("Prospector") (Nasdaq: PRSRU) (Nasdaq: PRSR) (Nasdaq: PRSRW) announced that the conditions to closing the proposed business combination (the "Business Combination") with LeddarTech Inc., a corporation existing under the law...
TAILG Launches Advanced Sodium-Ion Battery Technology in China
BEIJING, Dec. 18, 2023 /PRNewswire/ -- On December 14, 2023, TAILG, a global leader in electric two-wheelers, announced the release of its latest sodium-ion battery technology, marking the beginning of a new era for electric two-wheelers. The technology features exceptional long-range capabilitie...
Marintec China 2023 Concluded with Record-Breaking Success
HONG KONG, Dec. 18, 2023 /PRNewswire/ -- Marintec China, the leading event of the maritime industry, concluded its highly anticipated 2023 edition on a high note. The exhibition took place at the Shanghai New International Expo Centre from 5 to 8 December and attracted maritime powerhouses, pione...
BJ60 Expands its Presence in Dubai with "Xide of Delight" Launch Event
DUBAI, UAE, Dec. 18, 2023 /PRNewswire/ -- On December 15th, BAIC hosted a launch event at Kempinski The Palm, marking the official launch of the BJ60 in the global market. The launch event attracted over 150 individuals, including representatives from the Chinese Embassy inDubai, members of the U...
Mediwave Unveils World's First Mixed Reality & AI-Powered Connected Ambulance
SINGAPORE, Dec. 18, 2023 /PRNewswire/ -- In a groundbreaking development, Mediwave, the digital healthcare arm of Wavenet, headquartered inSingapore, partners with 1990 Suwa Seriya,Sri Lanka's national pre-hospital emergency ambulance service, to elevate life-enhancing emergency care through Mixe...
Snow Hill Success!--Quark Expeditions Goes Beyond in Antarctica
SEATTLE, Dec. 16, 2023 /PRNewswire/ -- Quark Expeditions, the global leader in polar adventures, extended its longstanding record of achievement inAntarctica by successfully landing 208 explorers on two voyages for an experience that few on the planet will ever have: walking on sea ice to visit t...
CATL's Shenxing battery wins the AUTOBEST 2024 award
NINGDE, China, Dec. 15, 2023 /PRNewswire/ -- On December 15, the international jury panel of AUTOBEST announced that CATL's Shenxing battery has won the TECHNOBEST 2024 award following voting by jury members from 31 European nations. This is the first time a battery product has won the TECHNOBEST...
Sea-rail intermodal trains give leg up to foreign trade at Qinzhou Port
BEIJING, Dec. 15, 2023 /PRNewswire/ -- A report from People's Daily: As a gateway to the sea for the New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by provincial-level regions in westernChina and ASEAN countries, Qinzhou Port inGuangxi Zhuang autonomous reg...
E-Mobility, A New Reality: UAE Residents Expect Complete Electric & Hybrid Vehicle Domination In A Few Years, Reveals Survey Amidst COP28
* 63% of respondents plan to make EVs their primary mode of transport by 2025. * 73% confident the UAE will have charging stations every few kilometres by 2028. * 28% believe that by 2030, nearly 50% of the UAE's population will be driving EVs or hybrid cars DUBAI, UAE, Dec. 15, 2023 /PRNewsw...
Hyundai Motor and Mubadala Collaborate on Future Business Opportunities
* Hyundai Motor Company and Mubadala Investment Company to explore collaboration on future mobility and cutting-edge technologies, including the hydrogen value chain and production * The parties will also explore potential investment opportunities SEOUL, South Korea and ABU DHABI, UAE, Dec. 1...
COMAU DEPLOYS INNOVATIVE DEDICATED HYBRID TRANSMISSION ASSEMBLY LINES FOR HYCET
SHANGHAI, Dec. 14, 2023 /PRNewswire/ -- Comau has designed and deployed a high-volume, automated assembly line for HYCET, a wholly-owned subsidiary of Great Wall Motors and a leading manufacturer of DHT (Dedicated Hybrid Transmission) technology. TheL.E.M.O.N. hybrid DHT is a next-generation tra...
LIVENT INVESTS IN ILiAD TECHNOLOGIES TO STRENGTHEN LEADERSHIP IN DIRECT LITHIUM EXTRACTION PRODUCTION PROCESSES
ILiAD to be Licensed and Deployed at Livent's Resource in Argentina SAN DIEGO, Dec. 14, 2023 /PRNewswire/ -- Today, ILiAD Technologies, LLC and Livent Corporation (NYSE:LTHM) announced an agreement whereby Livent has acquired a minority stake in the parent company of ILiAD Technologies. ILiAD T...
UL Solutions and Hyundai Mobis North America Electrified Powertrain Sign MOU to Advance Safety and Performance of Electric Vehicle Batteries
The new collaboration aims to help increase the safe, widespread deployment of electric vehicle battery technology as global electric vehicle adoption rises. NORTHBROOK, Ill., Dec. 14, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, and Hyundai Mobis North America El...
CONTINUED SPARE CAPACITY AT GLOBAL SUPPLIERS WARNS OF MANUFACTURING SLUMP PERSISTING INTO 2024: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
* Global producer capacity goes underutilized for an eighth successive month in November; supplier order books remain unfilled * Inactivity across Asia's supply chains bodes ill for near-term global manufacturing improvement * Demand stays subdued, especially in Europe, where manufacturing i...
Saudi Arabia has achieved historic progress in UNCTAD's Liner Shipping Connectivity Index for Q4 by scoring 79.01 points.
RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ -- In a significant development that aligns with the objectives of the National Transport and Logistics Strategy (NTLS),Saudi Arabia has solidified its competitiveness and global standing. The Saudi Ports Authority (Mawani) attained its highest im...
oToBrite is Honored with the 2024 Taiwan Excellence Awards for its Multiple Products
HSINCHU, Dec. 14, 2023 /PRNewswire/ -- oToBrite (2256), a leading vision-AI company, was recognized for three products: the oToParking-automated valet parking system, oToGuard-all-in-one Vision-AI ADAS for heavy commercial vehicles and buses, and the AI healthcare time-of-flight 3D depth sensing ...
NEXTEER ACHIEVES GLOBAL PRODUCTION MILESTONE OF 100 MILLION ELECTRIC POWER STEERING SYSTEMS
AUBURN HILLS, Mich., Dec. 14, 2023 /PRNewswire/ -- Today, Nexteer Automotive announced its global production milestone of 100 million electric power steering (EPS) systems – a key technology enabling fuel efficiency and advanced safety and performance. Nexteer is a global leader of EPS – serving ...
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