Transportation
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...
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 ...
Appian Process Mining Now Available
Appian takes customers from process discovery to workflow design and automation in one unified platform SYDNEY, Jan. 27, 2022 /PRNewswire/ -- Appian (NASDAQ: APPN) today announced the general availability ofAppian Process Mining, the easiest way to identify and address workflow bottlenecks. Now ...
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...
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...
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...
Nisun-Controlled Henan Fintech Enters into Share Acquisition Agreement with Youjiatian
SHANGHAI, Jan. 25, 2022 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced that onJanuary 14, 2022, Fintech ( H...
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...
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...
Full Truck Alliance Co. Ltd. Announces Gross Transaction Value for the Fourth Quarter of 2021
GUIYANG, China, Jan. 25, 2022 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced that the Company facilitated 34.8 million fulfilled orders with Gross Transaction Value ("GTV") ofRMB69.5 billion in the fourth quar...
U POWER Released UP SUPER BOARD and UP SPACE, Two Blockbuster Products
SHANGHAI, Jan. 24, 2022 /PRNewswire/ -- With the theme of "Born for Free Car-Making", the first UP DAY officially launched with the debut of UP SUPERBOARD and three UP SPACE concept cars. U POWER, a Chinese Smart EV technology startup, has recently debuted its two product lines including UP SUPE...
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...
Missfresh Achieves Impressive Sales Growth of Ready Meals and Expands its Higher Margin '3R' Product Categories
BEIJING, Jan. 24, 2022 /PRNewswire/ -- Missfresh Limited
Dada Group Releases Consumption Trends in 2022 Chinese New Year
SHANGHAI, Jan. 24, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, today released the "Consumption Guidance During Chinese New Year 2022", which compiles sales data on the JDDJ platform and JD Shop Now fromJanuary 7 to 23. On-demand co...
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...
Chinese E-bike Maker AIMA Technology Teams up with US-based Juiced Bikes for International Expansion
TIANJIN, China, Jan. 23, 2022 /PRNewswire/ -- AIMA Technology ("AIMA"), a leading Chinese e-bike manufacturer and US-based Juiced Bikes, recently entered into a strategic cooperation partnership. Su Yuhang, general manager of AIMA Technology's international business unit andTora Harris, founder o...
Greenland Signs $5M-$8.4M Potential Minimum Value Distribution Agreement to Sell its Industrial Electric Vehicles in Morocco
EAST WINDSOR, N.J., Jan. 21, 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...
Zenix Announces Shareholders' Approval of Merger Agreement
BEIJING, Jan. 21, 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 that at a general meeting of shareholders held toda...
Shanghai's Jiading Concentrates on Hydrogen Fuel Cells and ICVs, Boosts Automobile Industry
SHANGHAI, Jan. 21, 2022 /PRNewswire/ -- Jiading District in east China's Shanghai issued policies for promoting automobile industry development featuring electrification, automation, network connection and sharing on Wednesday at a conference, and an action plan was also released for acceleratin...
TuanChe Outlines Preliminary Plan for Its EV Business
BEIJING, Jan. 21, 2022 /PRNewswire/ -- TuanChe Limited ("TuanChe" or "the Company") (NASDAQ: TC), a leading integrated automotive marketplace inChina, today revealed its preliminary plan for the new electric vehicle (EV) business. "We seek to differentiate our EV models from other models on the m...
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