Auto & Transportation
Weidai Regains Compliance with NYSE Minimum Price Requirement
HANGZHOU, China, March 1, 2022 /PRNewswire/ -- Weidai Ltd. (the "Company" or "Weidai") (NYSE: WEI), a leading auto-backed financing solution provider inChina , today announced that it has regained compliance with the New York Stock Exchange (the "NYSE")'s continued listing standard for share price...
First carbon-neutral ocean technology company Caravelle to list on Nasdaq via SPAC
SHANGHAI, March 1, 2022 /PRNewswire/ -- Caravelle, a global carbon-neutral ocean-going technology company, has signed a letter of intent with Pacifico Acquisition Corp. (NASDAQ:PAFO) onDecember 31, 2021, EST. Caravelle will be expected to be listed on NASDAQ. At the same time, a number of private...
Inceptio Technology completes US$188 million in financing, led by Sequoia Capital China and Legend Capital
SHANGHAI, Feb. 28, 2022 /PRNewswire/ -- Inceptio Technology, an autonomous driving truck technology and operation company, announced the closing of a US $188 million Series B+ equity financing. This round of financing is jointly led by Sequoia Capital China and Legend Capital. Co-investors include...
Hyundai Mobis wins over 1 trillion won (USD 830 million) of global orders for advanced auto lamps
* Global orders worth USD 2.5 billion last year, and 1/3 of it was driven by cutting-edge automotive lamps, demonstrating global competitiveness. * High value-added products including matrix beam headlights won a massive order from a global automaker. * To spur development of an intelligent ...
China Yuchai International Announces Unaudited 2021 Second Half-Year and Full Year Financial Results
SINGAPORE, Feb. 24, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("...
Autohome Inc. Announces Unaudited Fourth Quarter and Full Year 2021 Financial Results
BEIJING, Feb. 24, 2022 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced its unaudited financial results for the fourth quarter and full year endedDecember 31, 2021. Fourth Quart...
StradVision Acquires ISO 26262 for Automotive Functional Safety Management
SEOUL, South Korea, Feb. 23, 2022 /PRNewswire/ -- StradVision
Hyundai Mobis Enhances Shareholder Value by Securing Sustainable Growth
SEOUL, South Korea, Feb. 23, 2022 /PRNewswire/ -- Hyundai Mobis expressed its willingness once more to enhance shareholder returns based on mid to long-term growth after its previous 3-year policy. In the '2022 Shareholder Value Maximization Policy' the company recently released, Hyundai Mobis an...
Luokung Affiliate eMapgo Provides Mapping Services for Ford Smart Vehicles
BEIJING, Feb. 23, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") inChina, today announced t...
Jiuzi Holdings, Inc. Signs Strategic Cooperation Agreement with Leading Electric Vehicle Manufacturer in China
HANGZHOU, China, Feb. 23, 2022 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company"), a new energy vehicles franchisor and retailer under the brand name "Jiuzi" inChina, today announced that, on January 6, 2021, the Company, through its wholly-owned subsidiary, Zhejiang Jiuzi New Ene...
Yadea's ESG Policies Blaze a Trail of Sustainable Innovation in Global Electric Two-Wheeler Industry
MUNICH, Feb. 23, 2022 /PRNewswire/ -- As the world grapples with an ever-growing urgency to tackle climate change, Yadea (01585:HK), the world's leading electric two-wheeler brand, is leading the charge with its comprehensive Environmental, Social, and Governance (ESG) policies. By consistently ...
Hyundai Transys' Future Mobility Seat Concept Reflects New Sustainable Design Direction
* Hyundai Transys premiers a future mobility seat concept with sustainable leather and innovative materials under the theme 'Shift to Regenerative Mobility' at Lineapelle 2022 * 'Seoul to Milan' color concept represents the collaboration between Korea andItaly to achieve the mutual goal of fo...
HIMO Receives CE Mark Approval for Compliant Max Series E-bike
FRANKFURT, Germany, Feb. 22, 2022 /PRNewswire/ -- On February 21, 2022, HIMO
Compliant Max series products will be officially launched,with high performance
and cost-effective.
BEST Inc. Announces Changes to its Board of Directors
HANGZHOU, China, Feb. 22, 2022 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced that Mr. Jun Chen has resigned from his position as a director of the Company, effectiveFebru...
Global utility e-bike innovator Zoomo accelerates growth by adding another $20M to its Series B funding round
* The equity raise was led by top-tier US VC Collaborative Fund, with
strategic investors, MUFG Innovation Partners, SG Fleet, Akuna Capital and WIND
Ventures also joining the round. NEW YORK, Feb. 21, 2022 /PRNewswire/ -- Zoomo
ADO debuts high-end urban commuter e-bike D30
FRANKFURT, Germany, Feb. 21, 2022 /PRNewswire/ -- Innovative startup ADO is
debuting an high-end urban commuter e-bike D30 officially.
At the same time, ADO will join hands with Insta360 to launch the co-branded
ADO Insta360 GO 2 XE, to cross city and chase adventure.
Greenland to Present at Aegis Capital's Virtual Investor Conference
EAST WINDSOR, N.J., Feb. 18, 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...
Cango Wins 2021 Philanthropy Practice Award
SHANGHAI, Feb. 18, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that Cango received a "2021 Philanthropy Practice Award" at the 11th China Philanthropy Festival in recognition of the Company's o...
G-PAL Secures Strategic Investment from Bosch's Boyuan Capital
SHANGHAI, Feb. 17, 2022 /PRNewswire/ -- On February 18, 2022(Beijing Time), G-PAL (Shanghai Geometrical Perception and Learning Co., Ltd.), a total solution provider for autonomous driving, announced successful closing of a strategic investment round exclusively led by Bosch's investment platform...
Greenland Launches Innovative GEX-8000 Electric Industrial Excavator
EAST WINDSOR, N.J., Feb. 17, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced the launch of its latest innovative industrial vehicle, theGEX-8000 Industrial Electric Excavator. This marks another major expansion in Gree...
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