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...
TIER IV to launch robotaxi business in Tokyo, November 2024: Starting with limited operational domains
TOKYO, May 19, 2024 /PRNewswire/ -- TIER IV
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 ...
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
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...
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 ...
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...
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...
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 ...
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...
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 ...
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...
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
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...
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...
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. <...
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...
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...
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...
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"), ...
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