Auto & Transportation
Greenland Technologies Reports Fourth Quarter and Full Year 2021 Unaudited Financial Results
- 48% Increase in FY21 Revenue to $98.8 Million Compared to FY20 - 14% Increase in FY21 Net Income to $7.3 Million Compared to FY20 - Cash Balance Nearly Doubles to $17.8 Million - Company Expects Continued Growth in 2022 as Production Ramps EAST WINDSOR, N.J.,...
2022-03-28 17:00
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Volvo Cars' New CEO Talked about Future of Mobility at China EV 100 for His First Public Appearance
BEIJING, March 26, 2022 /PRNewswire/ -- The 8th China EV 100 was held in Beijing fromMarch 25th to 27th, with the theme of "Embracing a New Stage of NEV's Market-Driven Growth". In-depth discussions were made on policy adjustment in the NEV market development, international cooperation and policy...
2022-03-26 21:22
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Hyundai Mobis named GM Supplier of the Year for the fifth year running
* Selected for five consecutive years since 2018, recognized for product quality, technological competitiveness, and on-time delivery. * Aggressively pushed forward business, based on mutual trust to find opportunities to supply core parts. * Obtained TISAX certification for its 12 business ...
2022-03-24 21:00
3152
CIMC Raffles delivers four intelligent cages, marking a milestone in marine fishery business
SHENZHEN, China, March 24, 2022 /PRNewswire/ -- Chinese offshore vessels and marine engineering equipment maker Yantai CIMC Raffles Offshore Limited (CIMC Raffles) has finished the installation of the first batch of four intelligent cages in the sea area of Nanhuangcheng Island of Yaitan, eastChi...
2022-03-24 19:15
3024
POSCO Holdings Inc. Invests U$839 million in Lithium business in Argentina
- Started construction of a 25,000-ton lithium plant based at Salar del Hombre Muerto… Completion by 2024 - Construction of an additional 25,000-ton plant is scheduled to begin within this year... Expand to 100,000 tons by 2028 SEOUL, South Korea, March 23, 2022 /PRNewswire/ -- POSCO Holdings st...
2022-03-24 09:04
5067
U Power collaborates with NVIDIA on open vehicle computing platform that scales from Level 2 to Level 4 autonomous driving
SANTA CLARA, Calif. and SHANGHAI, March 23, 2022 /PRNewswire/ -- U Power today announced it will build a high-performance vehicle computer (HPVC) for its UP SUPER BOARD, which integrates the high-performance compute architecture of the NVIDIA DRIVE Hyperion AV platform. Tapping the power of the N...
2022-03-23 12:19
2337
Terra Drone Raises $70 Million in Series B Funding to Accelerate Growth and Worldwide Adoption of Unmanned Aircraft System Traffic Management (UTM) and Urban Air Mobility (UAM) solutions
TOKYO, March 22, 2022 /PRNewswire/ -- Drone and Urban Air Mobility (UAM) technology company Terra Drone Corporation announced today that it has raised $70 million (8 billion Japanese yen) in Series B funding with investments from Mitsui & Co., Ltd., SBI Investment Co., Ltd., Tokyu Land Corporation...
2022-03-23 08:00
2864
Tantech Holdings Ltd Announces Exercise and Closing of Underwriter's Over-Allotment Option
LISHUI, China, March 22, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), today announced that the underwriter of its previously announced underwritten public offering has exercised its option to purchase an additional 2,880,000 common shares at a price of$0....
2022-03-22 21:52
2851
Customer Places New 10 Vehicle Order with Tantech Subsidiary
LISHUI, China, March 22, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), today announced that a customer placed a new 10 vehicle order with its subsidiary, Shangchi Automobile Co., Ltd. The latest international midibus order is scheduled to ship toNigeria in...
2022-03-22 20:00
2567
2 New Discount Passes Available on Odakyu Electric Railway's Online Ticket Purchase Site "EMot Online Tickets"
TOKYO, March 22, 2022 /PRNewswire/ -- Two new discount tickets are now available on Odakyu Electric Railway's English online ticket purchase site "EMot Online Tickets," offering a wide variety of ticket options for foreign travelers to Hakone. Image: https://kyodonewsprwire.jp/prwfile/release/M...
2022-03-22 15:00
2300
Greenland Technologies to Report Fourth Quarter and Full Year 2021 Unaudited Financial Results on Monday, March 28, 2022
EAST WINDSOR, N.J., March 21, 2022 /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 that it will r...
2022-03-21 20:00
2804
TD Holdings, Inc. Reports Fiscal Year 2021 Financial Results
SHENZHEN, China, March 16, 2022 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider inChina, today announced its financial results for the year endedDecember 31, 2021. Ms. Renmei Ouyang, the Chief Executive Officer of the Company, stated, "We d...
2022-03-17 04:30
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China Automotive Systems to Announce Unaudited 2021 Fourth Quarter and Audited 2021 Year Financial Results on March 30, 2022
WUHAN, China, March 16, 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 will issue unaudited financial results for the fourth quarter endedDecember 31, 2021, on ...
2022-03-16 18:00
2447
Tantech Announces Proposed Public Offering
LISHUI, China, March 15, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), today announced that it intends to offer its securities in a public offering. The Company intends to use the net proceeds from this offering for general corporate purposes, including, b...
2022-03-16 05:50
3215
CIMC Enric and Maersk to collaborate on biomass green methanol project
SHENZHEN, China, March 15, 2022 /PRNewswire/ -- CIMC Enric Holdings Limited ("CIMC Enric", or "the Company") and its subsidiaries have announced a strategic partnership with global container shipping and logistics giant A.P. Moller - Maersk ("Maersk") to launch a biomass green methanol pilot proj...
2022-03-15 21:06
3463
Precision Aviation Group, Inc. (PAG) acquires Velocity Aerospace Group
PAG expands Avionics and Manufacturing/Sub-Assembly/DER Capabilities ATLANTA, March 15, 2022 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to the Worldwide Aerospace and Defense industries is pleased to announce the ac...
2022-03-15 20:00
2406
China Yuchai Incorporates Joint Venture Subsidiary Developing Fuel Cell Powertrain Systems
SINGAPORE, March 15, 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 ...
2022-03-15 18:00
2581
SEA Electric Continues Push into Zero-Emissions School Buses
* The SEA Type C EV continues the drive for school buses to convert to all-electric power * SEA Electric continues its worldwide push to eliminate 2.5 billion lbs of CO2 emissions over the next five years TORRANCE, Calif., March 14, 2022 /PRNewswire/ -- The global leader in e-Mobility technol...
2022-03-15 07:10
2707
MingZhu Logistics Enters into Share Purchase Agreement to Acquire Yinhua (BVI) Limited
SHENZHEN, China, March 14, 2022 /PRNewswire/ -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company"), a leading trucking service provider, today announced it has entered into a Share Purchase Agreement to acquire Yinhua (BVI) Limited (the "Yinhua"), which develops and opera...
2022-03-14 20:00
3459
Happiness Development Announces $6.7 Million Registered Direct Offering To Support Its Auto Business
NANPING, China, March 11, 2022 /PRNewswire/ -- Happiness Development Group Limited ("HAPP" or the "Company"), (NASDAQ: HAPP) an emerging and diversified company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce sales and e-commerce marketing sol...
2022-03-11 21:00
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