Auto
China Automotive Systems Introduces New EPS Product to Empower ADAS
WUHAN, China, March 22, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today provided an update on its new Electric Power Steering (EPS) product. This new EPS product is based upon pro...
Greenland Technologies to Release 4Q/FY 2020 Results on March 30, 2021
HOWELL, N.J., March 22, 2021 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, announced today it plans to release ...
Newlink Group raises $300 million in funding from leading financial institutions
BEIJING, March 22, 2021 /PRNewswire/ -- Newlink Group ("Newlink", "Company") announced that it has closed$200 million in incremental equity financing led by Bain Capital, a leading global multi-asset alternative investment firm. Existing investor Joy Capital also participated in the fundraising. ...
Hyundai Mobis provides premium sound in collaboration with Meridian
SEOUL, South Korea, March 22, 2021 /PRNewswire/ -- Hyundai Mobis announced on March 22 that it is collaborating with Meridian Audio, the British audio pioneer, to deliver premium branded sound to global automaker. Together, Hyundai Mobis and Meridian have designed premium sound systems for global...
Weidai Ltd. Announces Full Year 2020 Financial Results
HANGZHOU, China, March 19, 2021 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced its financial results for the year ended December 31, 2020, which have not been audited or reviewed by the Company's inde...
Autohome Inc. Files Its Annual Report on Form 20-F
BEIJING, March 19, 2021 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2020 with the Securities and Exchange C...
Mr. Li Hanyang Appointed Chairman of China Yuchai's Subsidiary
SINGAPORE, March 17, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Mr. Li Hanyang has been appointed as Chairman of the Board of its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), effectiv...
China Automotive Systems to Announce Unaudited 2020 Fourth Quarter and Audited 2020 Year Financial Results on March 30, 2021
WUHAN, China, March 16, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter and audited financial results for the year endedDece...
Baidu Receives Green Light to Demonstrate Commercialized Autonomous Driving, Test Driverless Vehicles in Cangzhou
BEIJING, March 15, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ:BIDU), a leading AI company with a strong Internet foundation, received qualifications for 35 vehicles to demonstrate commercialized autonomous driving operations, and qualifications for 10 vehicles to conduct driverless testing, by Cang...
Tantech's Shangchi Fulfills OEM Midibus Order
LISHUI, China, March 12, 2021 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company inChina, today announced its subsidiary, Shangchi Automobile Co., Ltd. ("Shangchi"), fulfilled an OEM order to assemble two prototype midibuses. The vehicles were...
LG Energy Solution Expands U.S. Investment for Future Innovation
SEOUL, South Korea, March 11, 2021 /PRNewswire/ -- LG Energy Solution today announced that by the end of 2025, the company will invest more than$4.5 billion (KRW 5 trillion) in the company's own U.S. business to further expand its battery production capacity. This new investment will allow the co...
Cango Inc. Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
SHANGHAI, March 11, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced its unaudited financial results for the fourth quarter and full year of 2020. Fourth Quarter 2020 Financial and Operational High...
Cango Inc. Declares Special Cash Dividend
SHANGHAI, March 11, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that its Board of Directors has approved and declared a special cash dividend ofUS$1.00 per American depositary share (or US$0.50...
VisionNav at LTT 2021: Driverless Industrial Vehicles with Latest Vision Technology Renovating Factory Intralogistics
AICHI, Japan, March 9, 2021 /PRNewswire/ -- Behind the innovative products and
solutions VisionNav showcased at Logis-Tech Tokyo 2021 (LTT 2021) is a
driverless story of how the company helps its customers quickly upgrade
intralogistics not even to the COVID pandemic.
Autohome Inc. Announces Pricing of Global Offering
BEIJING, March 9, 2021 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) (the "Company"), the leading online destination for automobile consumers inChina, today announced the pricing of the global offering of 30,291,200 shares (the "Offer Shares") which comprises an international offering and aHong Kong...
Senmiao Technology Announces Over 710,000 Completed Rides on its Ride-Hailing Platform in February 2021
CHENGDU, China, March 8, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (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 operating metrics for its prop...
Cango Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021 Eastern Time
SHANGHAI, March 8, 2021 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that it plans to release its fourth quarter and full year 2020 financial results after the market closes onThursday, March 11, 20...
FORESEE Automotive eMMCs from Longsys Enhance Driver Assistance System Safety
SHENZHEN, China, March 5, 2021 /PRNewswire/ -- Since the beginning of 2021, FORESEE brand from Longsys has launched industrial eMMCs, industrial wide-temperature eMMCs, and automotive eMMCs products that can meet the storage stability requirement of automobiles and perform ideally in ADAS. In ge...
New AIs from Astraea Software Can Facilitate Engineering Design
TOKYO, March 5, 2021 /PRNewswire/ -- AI applications are increasingly accepted as solutions to enhance the productivity in manufacturing industry. Astraea Software Co., Ltd. (headquartered inTokyo, Japan) has successfully developed AIs that could be served as an aid to engineers in the design pha...
LIZHI INC. Enters Into Partnership With Automotive Intelligence Technology Company ECARX
GUANGZHOU, China, March 4, 2021 /PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform inChina, today announces it has entered into a partnership agreement with ECARX,a leading automotive intelligence...
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