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First design studies for Julie Mehretu's BMW Art Car revealed
NEW YORK and MUNICH, Feb. 5, 2024 /PRNewswire/ -- Julie Mehretu presents her first design studies for the 20th BMW Art Car. For this project, the internationally renowned artist combines her artistic work with a personal enthusiasm for automotive design and speed. She translates dynamism into for...
NIO Capital Completes the Second RMB Fund at Over 3 Billion Yuan
SHANGHAI, Feb. 5, 2024 /PRNewswire/ -- NIO Capital has successfully completed its second Renminbi fund, raising overCNY 3 billion. The fund will maintain its investment focus on Mobility & Logistics, New Energy, and Frontier Technology sectors. The Limited Partner (LP) investors participating in...
NaaS Technology Secured Investment from TAMP Giant Envestnet's Mutual Fund
BEIJING, Feb. 2, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included within the investment portfolio of PMC Diversified Equity Fund (PMDEX) in the fourth quarter of...
Weichai Group Advances Toward Becoming a Global Leader in Technological Innovation
WEIFANG, China, Feb. 2, 2024 /PRNewswire/ -- On February 2nd, Weichai Group held the 2024 Technology Incentive and Commendation Conference, granting65 million yuan in recognition of significant scientific research achievements and exceptional tech talent within the company. Tan Xuguang, Chairman ...
Neusoft's Innovative Products Showcase at the Automotive World 2024 in Tokyo
SHENYANG, China, Feb. 2, 2024 /PRNewswire/ -- The Automotive World 2024 recently kicked off at Tokyo Big Sight inJapan, and Neusoft Corporation (Neusoft, SSE:600718) showcased a series of innovative products, including intelligent cockpit system, intelligent communication terminal (T-Box), and a...
HIGHWAY HOLDINGS REPORTS FISCAL 2024 THIRD QUARTER AND NINE MONTH RESULTS; THIRD QUARTER SALES INCREASE 60% YEAR OVER YEAR
HONG KONG, Feb. 1, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO ) (the "Company" or "Highway Holdings") today reported financial results for its fiscal third quarter and nine months endedDecember 31, 2023, with a 60% increase in revenue and a$0.06 increase in diluted earnings per s...
Auto Industry and Tech Convergence Propel 69.3% of New Vehicles to Level 2++ Automation by 2030
ABI Research's latest whitepaper, sponsored by AMD, outlines a scalable approach to ADAS and autonomous driving NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The automotive industry, in conjunction with major suppliers in Artificial Intelligence (AI), high-performance compute, mapping, and location int...
Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company's 97-year history
GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Full Year 2023 * 2023 revenue was SEK 399.3 bn (SEK 330.1 bn in 2022) * 2023 operating income (excl. JVs and associates) was SEK 25.6 bn (SEK 17.9 bn in 2022) * 2023 operating income was SEK 19.9 bn (SEK 22.3...
Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe
TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle forEurope, based on Hyundai's Global eLCV platform. The new vehicle will join Ivec...
Volta Energy Solutions, world's first manufacturer of copper foil for batteries, to expand business presence in North American EV market
* World's No. 1 manufacturer of copper foil for high-tech industries and EV batteries. * Established in 1960, CFL has secured foundational technology and patents by developing the world's first electrodeposited copper foil for batteries. * Korea's leading companies are entering the North Ame...
LeddarTech's 2023 Year-in-Review Business Results
QUEBEC CITY, Jan. 31, 2024 /PRNewswire/ -- LeddarTech Holdings Inc. (LeddarTech® ) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision, for ADAS, AD and parking applications, is pleased to...
High-Quality Charging Anywhere | Huawei Releases Top 10 Trends of Charging Network 2024
SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ -- Huawei released the Top 10 Trends of Charging Network 2024 on January 30, themed "High-Quality Charging Anywhere." At the event, Wang Zhiwu, President of Huawei Smart Charging Network Domain, comprehensively interpreted these trends from technol...
Shandong Heavy Industry Group Agreement with Singapore's Jardine Cycle & Carriage Direct Motor Interests for 120 Zhongtong Bus New Energy Buses
JINAN, China, Jan. 31, 2024 /PRNewswire/ -- In a significant ceremony held in Singapore on January 25, Shandong Heavy Industry Group and Singapore's Jardine Cycle & Carriage Direct Motor Interests (DMI) formally inked a deal for 120 Zhongtong Bus new energy buses. Zhongtong Bus new energy buses i...
Excelfore Recognized with Frost & Sullivan's 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry
Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findin...
RoboSense's M Platform Sensors Power the Fully-Electric Lotus EMEYA
DETROIT, Jan. 30, 2024 /PRNewswire/ -- RoboSense
Greenland Technologies Announces Power Tech Equipment Repair Has Joined HEVI's Approved Service Provider Network Program
EAST WINDSOR, N.J., Jan. 30, 2024 /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...
Uxin to Hold an Extraordinary General Meeting on March 1, 2024
BEIJING, Jan. 30, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN),China's leading used car retailer, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 21/F, Donghuang Building, ...
Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity
* The round, led by CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), is joined by existing investors and unfolds concurrently with Tau Group's expansion of production capacity at its new facility TURIN, Italy, Jan. 30, 2024 /PRNewswire/ -- T...
GAC AION Launches in Hong Kong, Marking a New Chapter in GAC Group's Global Expansion
GUANGZHOU, China, Jan. 30, 2024 /PRNewswire/ -- On January 28th, GAC AION celebrated the grand opening of its first showroom inHong Kong, marking the brand's official entry into the market. The brand launch event in Kowloon Bay featured the introduction of new energy vehicles, including AION Y Pl...
LeddarTech's Board of Directors Appoints Sylvie Veilleux and Lizabeth Ardisana
QUEBEC CITY, Jan. 30, 2024 /PRNewswire/ -- LeddarTech® (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD, and parking applications, today announced that its Board of Directors appointed...
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