Auto & Transportation
Asia's EV Race: Selex Motors raises $3 million from ADB Ventures, Schneider Electric Energy Access Asia and others
Accelerating the fastest growing EV ASEAN nation to effectively reduce carbon footprint of the last mile transportation segment. SINGAPORE, April 24, 2023 /PRNewswire/ -- Hanoi-based Selex Smart Electric Vehicles JSC (Selex Motors) is making waves in the electric vehicle (EV) and battery pa...
Together for better: CATL shines at Auto Shanghai with carbon neutral ambition and advanced technologies
SHANGHAI, April 21, 2023 /PRNewswire/ -- On April 18, CATL made its first appearance with cutting-edge technologies and all-scenario solutions at the 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai). It unveiled its carbon neutral plan and condensed batteries, and annou...
The World's Largest Tower Crane Rolls off the Production Line at Zoomlion Tower Crane Intelligent Factory
CHANGSHA, China, April 21, 2023 /PRNewswire/ -- On April 20th, the world's largest tower crane, which integrates 158 innovative scientific research achievements and 305 patents for invention, rolled off the production line at Zoomlion Tower Crane Intelligent Factory in Changde. The world-record-b...
Xiamen ITG Group Reports Financial Results for Fiscal 2022
XIAMEN, China, April 21, 2023 /PRNewswire/ -- Xiamen ITG Group Corp., Ltd (shorted for "Xiamen ITG Group". Stock Code: SH.600755) is a state-owned listed company, focusing on Supply Chain Management and expanding the emerging Health Technology sector. We delivered a solid financial performance...
Earth Day 2023: XCMG Machinery Fast Tracks Sustainable Development with Innovative Product Strategies
XUZHOU, China, April 21, 2023 /PRNewswire/ -- To celebrate Earth Day 2023, XCMG Machinery ("XCMG", SHE:000425) is expanding its commitment to promote the sustainable development of the construction equipment industry, continuing to scale up investments into the R&D of green machinery technologies...
XCMG Machinery Releases New Mining Equipment Products, Expanding Application Scope to Cover Full Cycle of Mining Operations
XUZHOU, China, April 21, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425), a leading Chinese construction equipment manufacturer, has released three new mining machinery products, including the XE690DK mining excavator, XDR80TE-AT autonomous electric dump truck, and XDE240 mining dump tr...
Invitation to presentation of Q1 2023
GÖTEBORG, Sweden, April 21, 2023 /PRNewswire/ -- Concordia Maritime invites to teleconference/audio transmission on4 May 2023 at 16.00 CEST. The session will feature a presentation of the Q1 2023 interim report and a Q&A session. If you wish to participate via webcast, please use the link below....
Autoliv: Financial Report January - March 2023
STOCKHOLM, April 21, 2023 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.sdb) Q1 2023: Strong sales growth Financial highlights Q1 2023 $2,493 million net sales 17% net sales increase 21% organic sales increase* 5.1% operating margin 5.3% adjusted operating margin* $0.86 EPS - 9% decrease $0.90 adjus...
Kia commits to advancing human wellbeing and environmental sustainability at Milan Design Week
* Kia presents bold 'Opposites United' design exhibition, which offers new approach to delivering sustainability solutions, at Milan Design Week * Kia to prioritize design that overcomes divergence of human everyday needs and essential sustainability requirements * New Kia EV9 exemplifies ne...
MIH Unveils Smart City Initiative, and Innovative Project X Prototype Set to Debut at Tokyo Motor Show
TAIPEI, April 21, 2023 /PRNewswire/ -- The MIH Consortium, an open electric vehicle (EV) initiative by Hon Hai Technology Group (Foxconn), showcases expertise and innovation in the automotive supply chain on the global stage at 2023 Auto Shanghai. With over 2,600 global members across 14 working ...
Nippon Express Group's MD Logistics Opens "Garner 2000 Pharmaceutical Logistics Center" in North Carolina, U.S.
TOKYO, April 21, 2023 /PRNewswire/ -- MD Logistics, LLC (hereinafter "MD"), a group company of NIPPON EXPRESS HOLDINGS, INC., held an opening ceremony on March 23 for the Garner 2000 Pharmaceutical Logistics Center, a dedicated pharmaceutical warehouse established inGarner in the U.S. state of Nor...
Shipsy Records Around 100% Top Line Growth, Opens Another RHQ in Middle East To Onboard Top Regional Talent
GURUGRAM, India, April 21, 2023 /PRNewswire/ -- Shipsy
Grammer at Auto Shanghai 2023: Innovation, Customer Focus, Sustainability
* Innovation: e-air vents support clean surfaces in minimalist interiors * Customer focus: agile organization scores with flexibility and speed * Sustainability: new headrest concept saves 80% CO2 SHANGHAI, April 20, 2023 /PRNewswire/ --Innovative solutions from one of the market leaders in ...
ZTO Announces Substantial Completion of Independent Investigation
SHANGHAI, April 20, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company inChina ("ZTO" or the "Company"), today provided an update on the status of the previously announced independent investigation. As previously disclose...
ZTO Files Annual Report on Form 20-F for Fiscal Year 2022
SHANGHAI, April 20, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company inChina ("ZTO" or the "Company"), today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U....
Thailand Becomes Changan Auto's First Right-Hand Drive EV Production Base Outside of China with 9.8 Billion Baht Investment
BANGKOK, Thailand, April 20, 2023 /PRNewswire/ -- Changan Automobile, a leading
Chinese car manufacturer, has recently announced it will invest9.8 billion baht
(US$ 285 million) in Thailand, to set up its first right-hand drive electric
vehicle (EV) production base outside ofChina.
OMODA's Latest Product Actions: New Vehicles Will be Delivered to Spain Soon
MADRID, April 20, 2023 /PRNewswire/ -- After OMODA brand officially announced launched in ShangHai Auto Show, now deliver the first batch models toEurope this month. With the acceleration of market globalization, OMODA is expected to be launched inSpain in the third quarter of this year. From ma...
XCMG Machinery Releases New Mining Equipment Products, Expanding Application Scope to Cover Full Cycle of Mining Operations
XUZHOU, China, April 20, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425), a leading Chinese construction equipment manufacturer, has released three new mining machinery products, including the XE690DK mining excavator, XDR80TE-AT autonomous electric dump truck, and XDE240 mining dump tr...
Autoliv expands to Vietnam and invests in new airbag cushion plant
STOCKHOLM, April 20, 2023 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced its plan to build a new state of the art airbag cushion and fabric plant in Vietnam, serving Asia. The investment in the new textile facility is in...
ITALIAN FESTIVAL 2023 RETURNS WITH EVENTS SHOWCASING ITALIAN EXCELLENCE IN SINGAPORE
* Organised by the Embassy of Italy in Singapore, in collaboration with the Italian Trade Agency (ICE), the Italian Chamber of CommerceSingapore (ICCS) and various Italian associations. * The Festival will begin in May, with the arrival of a new state-of-the-art Italian Navy ship: the "France...
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