Auto & Transportation
Renren Announces a $6 Million Equity Investment in Kaixin Auto
BEIJING, April 6, 2021 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company") announced today that Renren has made a$6,000,000 equity investment in Kaixin by subscribing Kaixin Auto Holdings' ("Kaixin") newly designated convertible preferred shares. The preferred shares are converti...
Wisk Aero Sues Archer Aviation for Theft of Trade Secrets and Patent Infringement
-- Lawsuit follows discovery of suspicious file downloads and Archer's recent public disclosures -- Seeks injunction halting use of Wisk's IP and other remedies against Archer MOUNTAIN VIEW, Calif., April 7, 2021 /PRNewswire/ -- Wisk Aero LLC ("Wisk"), the first Urban Air Mobility (UAM) company ...
Key Foundry to Begin Mass Production of Automotive Semiconductor Using Gen2 0.13 micron Embedded Flash Process
SEOUL, South Korea, April 6, 2021 /PRNewswire/ -- Key Foundry, the only pure-play foundry in Korea, announced today that it has completed the development of its first automotive semiconductor using its Gen2 0.13 micron embedded flash process and will begin full-scale mass production this year. ...
HAI ROBOTICS, the Shenzhen-based ACR pioneer, receives IFOY AWARD 2021 "Best in Intralogistics" certificates
SHENZHEN, China, April 2, 2021 /PRNewswire/ -- HAI ROBOTICS (www.hairobotics.com
Quark Expeditions Takes Ownership of Ultramarine -- Forever Changing Polar Exploration
SEATTLE, April 1, 2021 /PRNewswire/ -- Quark Expeditions, the Leader in Polar Adventures, took ownership today of the highly-anticipated polar vessel, Ultramarine. The official handover of the technologically-advanced ship took place in Split,Croatia, attended by Malcolm Ellis, Senior Vice-Preside...
Modern-day 'Mogao Grottoes' hidden in Beijing airport
BEIJING, April 1, 2021 /PRNewswire/ -- A feature story by China.org.cn on scholars and experts' work to save documents, images and memories related to groundbreaking murals painted at Beijing Capital International Airport: Scholars and experts are working hard to save documents, images and memori...
EZGO Announces Receipt of Over 1 Million RMB International Order for its E-Bicycles
JIANGSU, China, April 1, 2021 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "the Company), a leading short-distance transportation solutions provider inChina, today announced an electronic bicycle ("e-bicycle") order worth over1.1 million RMB for distribution and usage in Ukrai...
WiMi Announces that its Holographic AR Product "WiMi HoloAR HUD" Has Been Approved by the FCC to Enter the U.S. Market
BEIJING, April 1, 2021 /PRNewswire/ -- WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading Hologram Augmented Reality ("AR") Technology provider, today announced that its electric vehicle ("EV") holographic AR product "WiMi HoloAR HUD" has obtained a Federal Communication...
CIMC posts record-high revenue and profit in 2020 despite the coronavirus impact
SHENZHEN, China, March 31, 2021 /PRNewswire/ -- Chinese leading logistics and energy equipment supplier China International Marine Containers (Group) Ltd posted approximately94.16 billion yuan ($14.33 billion) in operating revenue in 2020, growing 9.72 percent year-on-year, according to its 2020 ...
Storylines names Brodosplit as shipyard for their MV Narrative
MIAMI, March 31, 2021 /PRNewswire/ -- Storylines confirmed the expected delivery timeline of their new-build residential ship to be in 2024,engineering has commenced with the first steel cutting expected later this year. "We're thrilled to finally be able to announce the shipyard for the const...
Senmiao Technology Launches Ride-Hailing Platform in Guangzhou, China's Third Largest City
CHENGDU, China, March 31, 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 the launch of its proprietary...
China Zenix Auto International Limited Reports Fourth Quarter and Full Year 2020 Financial Results
ZHANGZHOU, China, March 31, 2021 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) ("Zenix Auto" or the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, announced its unaudited financial results...
Hyundai Mobis, announced the urban shared future mobility concept, M.Vision X and M.Vision POP!
SEOUL, South Korea, March 31, 2021 /PRNewswire/ -- Hyundai Mobis disclosed a
new mobility concept reflecting the post-Covid 19 era.
At the
Hyundai Mobis announces its mid- to long-term transformation strategy, accelerating transition to becoming a software-centered platform leader!
SEOUL, South Korea, March 31, 2021 /PRNewswire/ -- Hyundai Mobis will innovate its business structure to secure future technological competitiveness and long-term growth engines. It will shift its focus from automotive component hardware to software and transform its business model into a platfor...
Greenland Technologies Reports Full Year 2020 Results
Highlights (Full Year 2020 compared to Full Year 2019) * 27.6% Increase in Revenue * 3.5% Expansion of Gross Profit * 34% Increase in Selling Expenses to Drive Growth * 19.6% Increase in Net Income Per Basic and Diluted Share on Nearly 2.1 Million Higher Year-Over-Year Share Count EAST WIN...
China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results
WUHAN, China, March 30, 2021 /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 fourth quarter and the audited results for the fiscal yea...
Dealer Management System Standardises on Nintex Promapp to Support Global Growth
Titan DMS leverages Nintex's process management software to drive innovation in automotive industry and to achieve process excellence across its organisation MELBOURNE, Australia, March 29, 2021 /PRNewswire/ -- Nintex, the global standard for process management and automation, today announced tha...
Sandhills Pacific Acquires Aviation Trader
BRISBANE, Australia, March 27, 2021 /PRNewswire/ -- Sandhills Pacific has acquired Aviation Trader, a leading resource for buying and selling new and used aircraft inAustralia, New Zealand, and the South Pacific. Aviation Trader joins a comprehensive portfolio of Sandhills brands serving the avia...
Yum China Establishes Southwest Supply Chain Support Center in Chengdu
SHANGHAI, March 26, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the
"Company" or "Yum China", NYSE: YUMC and HKEX: 9987) announced the
establishment of its Southwest Supply Chain Support Center inChengdu's
Chongzhou district during a groundbreaking ceremony today.
Greenland Technologies Completes Full Beta Versions of its New GEL 1800 Electric Loader; Company to Transition to the Construction of Production Representative Versions in 2H 2021
HOWELL, N.J., March 25, 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, today announced it has completed fu...
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