Auto & Transportation

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 1493

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 1552

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 5416

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 2202

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 3288

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 2991

SINBON Is Strengthening Connections Between Rider & E-Bike at Eurobike 2024

* New advanced security features on e-bikes and SINBON's app help riders track their vehicle and keep it safe. * Latest solutions and app capabilities are strengthening SINBON as a one-stop-shop for electric city and road bike makers, covering components, firmware, and software integration se...

2024-05-16 16:42 1678

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 1854

ZTO Reports First Quarter 2024 Unaudited Financial Results

Emphasizing Profitable Growth amidst Consumption Mix-shift Adjusted Net Income Grew 15.8% to RMB2.2 Billion Parcel Volume Increased 13.9% to 7.2 Billion SHANGHAI, May 15, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company ...

2024-05-16 06:00 3268

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 2911

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 1508

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 1729

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 1423

SunCar Technology Group Expands Intelligent Insurance Services through Enhanced Partnership with Geely Group's Zeekr

NEW YORK, May 15, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance inChina, is pleased to announce an extended collaboration with Zeekr Intelligent Technology Holding Limited ("Zeekr") (NYSE: ZK), a premium...

2024-05-15 20:00 2697

Quhuo Announces Receipt of Nasdaq Notification Letters

BEIJING, May 15, 2024 /PRNewswire/ -- Quhuo Limited ("Quhuo" or the "Company") (NASDAQ: QH), a leading gig economy platform focusing on local life services in China, today announced that it received notification letters dated May 10, 2024 (the "Notification Letters") from the Listing Qualification...

2024-05-15 18:00 1371

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 2598

ARMLOGI, consulted by ATIF, successfully listed on Nasdaq

IRVINE, Calif., May 14, 2024 /PRNewswire/ -- Armlogi Holding Corp. ("Armlogi"), consulted by ATIF Holdings Limited (NASDAQ: ATIF, "ATIF") (NASDAQ: BTOC), having its initial public offering on the Nasdaq Exchange. Armlogi is offering of 1,600,000 shares at the open offer price of$5.00 per share to...

2024-05-14 22:30 2181

Massimo Group Reports First Quarter 2024 Financial Results

Q1 2024 Revenue Increases 60% YoY to $30.2 Million Q1 2024 Net Income Increases 480% YoY to $3.2 Million New In-Store Agreements with Leading Global Retailers for Motor Vehicles Increased Massimo Motor Production Capacity to 3,000+ Vehicles a Month GARLAND, Texas, May 14, 2024 /PRNewswire/ -- M...

2024-05-14 20:31 2073

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 2156

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 2447
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