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U Power Strengthens Battery Swapping Solutions, Achieves 153.5% Revenue Growth in 2023

SHANGHAI, May 20, 2024 /PRNewswire/ -- In the 20-F released by U POWER LIMITED last week, key financial data showed significant growth, with a 153.5% increase in sales revenue and a rise in gross profit margin from 34.1% to 61.6%. This indicates substantial development in the company's new energy...

2024-05-20 19:00 1540

TIER IV to launch robotaxi business in Tokyo, November 2024: Starting with limited operational domains

TOKYO, May 19, 2024 /PRNewswire/ -- TIER IV , a pioneer in developing open-source software for autonomous driving (AD) systems, is set to launch a unique robotaxi service inNovember 2024. Initially targeting areas and times that conventional taxi operators struggle to serve,...

2024-05-20 09:00 1610

MingZhu Logistics Partners with Carbonomi Group to Build High-Performance Satellite-Based Intelligent Logistics Network

SHENZHEN, China, May 17, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it will partner with Carbonomi Trust ("Carbonomi"), a leading investor in energy ...

2024-05-17 20:00 5505

Exascend Launches Rugged AS500 BGA SSD for Next-Generation Autonomous Vehicles

Compact, High-Endurance Drive Delivers Sustained Performance in Harsh Environments TAIPEI, May 16, 2024 /PRNewswire/ -- Exascend , a service-oriented provider of innovative storage and memory solutions, today unveiled its...

2024-05-16 23:00 2329

Greenland Reports 64% YoY Increase in 1Q 2024 Net Income Per Share

* Drives Year-over-Year Revenue Growth and Gross Margin Expansion * Achieves Major Milestone with Sales to Maryland's Port of Baltimore * Accelerates Expansion of the HEVI Authorized Service Provider (ASP) National Network EAST WINDSOR, N.J., May 16, 2024 /PRNewswire/ -- Greenland Technologi...

2024-05-16 21:22 3337

U Power Announces Filing of 2023 Annual Report with the SEC

SHANGHAI, May 16, 2024  /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery power solution provider inChina, today announces that onMay 15, 2024, the Company filed its 2023 ...

2024-05-16 19:00 3059

Intelligent Energy unveils new hydrogen fuel cell to unlock a zero-emission future for passenger cars

* British company's fuel cell is a commercially-viable, turnkey solution * UK's first engine-shaped fuel cell system developed for passenger car market * At 157kW, the stack is more powerful than passenger car alternatives * 30% smaller heat exchanger creates packaging benefits for car manufa...

2024-05-16 09:00 1934

Mingteng International Corporation Inc. Announces Financial Results for Fiscal Year 2023

WUXI, China, May 15, 2024 /PRNewswire/ -- Mingteng International Corporation Inc. (Nasdaq: MTEN) (the "Company" or "Mingteng International"), an automotive mold developer and supplier inChina, today announced its financial results for the fiscal year endedDecember 31, 2023. Mr. Yingkai Xu, Chair...

2024-05-16 04:05 2963

Nullmax Introduces New Vision Technologies to Boost Self-Driving Performance, Delivering Exceptional Mobility Experience

FREMONT, Calif., May 15, 2024 /PRNewswire/ -- Nullmax, a pioneering leader in autonomous driving technology, is introducing a suite of new vision technologies for perception to enhance the autonomous driving capabilities. These technologies include dynamic and static scene understanding, such as ...

2024-05-15 23:50 1542

Global Times: Smart manufacturing advances production line in Hefei

BEIJING, May 15, 2024 /PRNewswire/ -- Hefei, the capital city of East China's Anhui Province, is a "dark horse" in China's new-energy vehicle (NEV) industry where one NEV is rolling off the assembly line every minute on average for some producer. The city is home to six vehicle manufacturers incl...

2024-05-15 20:14 1785

EcoFlow Offers More On-the-Road Power for Adventurers with Launch of New Alternator Charger

Expands EcoFlow's Growing Outdoor Ecosystem and Provides Travelers with Endless Power For Any Adventure SEATTLE, May 15, 2024 /PRNewswire/ -- EcoFlow, a leading portable power and eco-friendly energy solutions company, will expand its suite ofOn-the-Road Power Solutions

2024-05-15 20:00 1463

LG Display Unveils Newest Next-generation OLED Technologies at SID Display Week 2024

SEOUL, South Korea, May 14, 2024 /PRNewswire/ -- LG Display, the world's  leading innovator of display technologies, announced today the unveiling of a large number of its next-generation OLED and cutting-edge display technologies at SID Display Week 2024 inSan Jose, California from May 14-16. <...

2024-05-15 07:00 2703

China Automotive Systems Reports 17.4% Increase in Earnings Per Share in the First Quarter of 2024

WUHAN, China, May 14, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2024. First Quarter 2024 High...

2024-05-14 18:00 2193

SunCar Technology Group Inc. Broadens Intelligent Insurance Services through Enhanced Partnership with Xiaomi Group's Insurance Affiliate

NEW YORK, May 13, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance inChina, announced an expanded partnership with Beijing Houji Insurance Brokerage Co., Ltd. ("Beijing Houji"), ...

2024-05-13 20:00 2488

Global Times: Decipher China's green success: competitiveness of Chinese EV industry comes from competition, not subsidies: analysts

BEIJING, May 13, 2024 /PRNewswire/ -- At the recently concluded Beijing International Automotive Exhibition, which drew nearly 900,000 visitors over a 10-day event, Chinese EV brands once again dominated the headlines. Some 28,000 foreigners were reportedly on the scene, with many taking profoun...

2024-05-13 19:06 1713

NWTN Reminds Shareholders About Share Lending and Recalling

DUBAI, UAE, May 10, 2024 /PRNewswire/ -- NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN" or the "Company"), today issues this announcement to its shareholders. The company has seen a significa...

2024-05-10 21:52 3548

Peng'an county embraces modern tech to foster industries

NANCHONG, China, May 10, 2024 /PRNewswire/ -- When walking into the factory of auto parts maker Bosa in Peng'an county,Sichuan province, people must be amazed by how efficiently robots weld on the production line.

2024-05-10 20:53 2524

ZEEKR Intelligent Technology Holding Limited Announces Pricing of its Initial Public Offering

HANGZHOU, China, May 10, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a fast-growing battery electric vehicle ("BEV") technology company, today announced the pricing of its initial public offering of 21,000,000 American Depositary Shares...

2024-05-10 17:16 3215

NaaS Technology Inc. Reports Unaudited 2024 First Quarter Financial Results

BEIJING, May 9, 2024 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NaaS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2024. First Quarter 2024 Financial Highlights: * ...

2024-05-10 04:30 3278

Yuchai Appointed as Committee Member of New Hydrogen Innovation Consortium

SINGAPORE, May 8, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD)("China Yuchai" or the "Company), one of the largest powertrain solution manufacturers through its main operating subsidiary inChina, Guangxi Yuchai Machinery Company Limited ("Yuchai"), today announced that Yuch...

2024-05-08 18:00 1914
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