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MORAI Raises USD 20 Million Series B Funding Round
* New investment from venture capital firms such as Korea Investment Partners and the state-run Korea Development Bank (KDB) * Funding to be used to hire quality talent and enhance technical expertise for global expansion SEOUL, South Korea, Feb. 8, 2022 /PRNewswire/ -- MORAI, a leading devel...
2022-02-08 22:00
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RISE Education Cayman Ltd Enters into a Definitive Merger Agreement with Dada Auto Inc., an Innovative Technology Solutions Provider to China's Electric Vehicle Charging Market
BEIJING, Feb. 8, 2022 /PRNewswire/ -- RISE Education Cayman Ltd (NASDAQ: REDU) (the "Company") and Data Auto Inc. ("NaaS"), a leading operation and technology provider servingChina's electric vehicle ("EV") charging market, today announced that they have entered into a definitive Agreement and...
2022-02-08 19:22
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Senmiao Technology Launches Ride-Hailing Platform in Haikou, the Provincial Capital of Hainan Province
CHENGDU, China, Feb. 4, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced the launch of...
2022-02-04 22:00
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Greenland Technologies Chooses Cyngn to Bring Autonomous Vehicle Technology to Their Fleet of Lithium-Powered Electric Forklifts
MENLO PARK, Calif., and EAST WINDSOR, N.J., Feb. 3, 2022 /PRNewswire/ -- Cyngn (Nasdaq: CYN), a developer of autonomous vehicle solutions for industrial fleets, and Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland"), a technology developer and manufacturer of electric indu...
2022-02-03 21:00
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Senmiao Technology Receives Capacity Star Award of Chengdu from Meituan
CHENGDU, China, Jan. 31, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced that Sichuan ...
2022-01-31 22:00
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A new generation OBD diagnostic tool launched On Kickstarter!
ONTARIO, Calif., Jan. 29, 2022 /PRNewswire/ -- In the past 2021, Thinkcar Tech has achieved excellent results in the field of personal car owner diagnostic products and vehicle DIY diagnostic products, and has been recognized by users in many countries and regions around the world. In order to im...
2022-01-30 00:04
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Zenix Consummates the Going Private Transaction
BEIJING, Jan. 27, 2022 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) (the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, today announced the completion of its merger (the "Merger") with Ne...
2022-01-28 05:10
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HULKMAN Announces the Release of Its Most Advanced Battery Charger
Santa Clara, Calif., Jan. 27, 2022 /PRNewswire/ -- HULKMAN has announced the launch of its latest product, the Sigma 5 Battery Charger and Maintainer. The Sigma 5 solves one of the most common vehicle-related problem faced by consumers—a dead battery. According to HULKMAN, not only does the Si...
2022-01-28 02:00
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Hyundai Mobis invests in high-resolution radar startup to accelerate Level 4 or higher autonomous driving
* Investing significant amount in Zendar to develop high-resolution 'imaging radar.' * Achieving high performance radar comparable to Lidar, which can fulfill level 4 or higher-level driving automation. * Enhancing future competitiveness by securing sensor technologies for cameras, radars a...
2022-01-28 01:00
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Infobird Announces Acceleration of Marketing Solution to Rapidly Growing New Energy Vehicle Market
BEIJING, Jan. 27, 2022 /PRNewswire/ -- Infobird Co., Ltd (Nasdaq: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China, announced today that as a result of its deployment of its di...
2022-01-27 21:30
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ProLogium and Mercedes-Benz entered into a technology cooperation agreement to develop solid-state battery cells for electric vehicles
* ProLogium and Mercedes-Benz deepen technology development cooperation for solid-state battery cells * Mercedes-Benz to make high double-digit million EUR investment in ProLogium * Mercedes-Benz to take a seat on ProLogium's board of directors TAIPEI, Jan. 27, 2022 /PRNewswire/ -- ProLogi...
2022-01-27 15:00
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Hyundai Transys to Premier Sustainably Innovative Future Mobility Design at Lineapelle 2022
* Hyundai Transys to unveil a future mobility seat concept with sustainable leather and innovative materials at Lineapelle 2022 * The seat concept bolsters the company's design and development capabilities and commitment to minimizing waste and upcycling * Italian ambassador to Korea joined ...
2022-01-27 14:00
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JIDU Raises Nearly $400 Million in Series A Financing, Mass-produced Models to Be Launched in 2023
BEIJING, Jan. 26, 2022 /PRNewswire/ – Baidu's intelligent electric vehicle arm JIDU announced that it has closed Series A financing, raising nearly$400 million . This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group ("Gee...
2022-01-26 17:36
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Senmiao Technology Launches Ride-Hailing Platform in Shenyang, A Major City in Northeast China
CHENGDU, China, Jan. 25, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced the launch o...
2022-01-25 22:00
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Greenland Announces Formal Selection of Maryland for Major U.S. Manufacturing Expansion
EAST WINDSOR, N.J., Jan. 25, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
2022-01-25 21:00
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Weidai Updates ADS Ratio Change
HANGZHOU, China, Jan. 25, 2022 /PRNewswire/ -- Weidai Ltd. (the "Company" or "Weidai") (NYSE: WEI), a leading auto-backed financing solution provider inChina , today announced that it will change the ratio of its American depositary shares ("ADSs") representing its Class A ordinary shares from one...
2022-01-25 20:28
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China Automotive Systems Signs Supply Contract with SCANIA
WUHAN, China, Jan. 25, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it has entered into an agreement with SCANIA AB ("SCANIA") to develop eRCB steering systems fo...
2022-01-25 19:00
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FGS Helps Vehicle Owners Achieve Carbon Neutrality for Refueling in Gas Stations
BEIJING, Jan. 24, 2022 /PRNewswire/ -- Recon Technology Limited ("Recon" or the "Company") today announced that Future Gas Station (Beijing) Technology Ltd. ("FGS"), a mainlandChina variable interest entity's subsidiary connected to the Company and a technology service vendor, has assisted aChina...
2022-01-24 21:30
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Neusoft Recognized by TISAX of the European Automotive Industry
SHENYANG, China, Jan. 24, 2022 /PRNewswire/ -- Neusoft Corporation (Neusoft, SSE:600718) has recently obtained the TISAX AL3 assessment, which was officially awarded by DEKRA (German Motor Vehicle Monitoring Association) and represents the highest level of information security assessment and dat...
2022-01-24 20:30
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Cango Wins Tonghuashun Best IR Award
SHANGHAI, Jan. 24, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that Cango received Tonghuashun's Best IR Award for 2021, highlighting the Company's commitment to excellence and outstanding inve...
2022-01-24 18:00
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