Transportation
XCMG Delivers 10 units of XCA1600 Super All-terrain Cranes at bauma China 2020; Signs Multiple Deals Totaling CNY2 Billion on Opening Day
SHANGHAI, Dec. 5, 2020 /PRNewswire/ -- XCMG (000425.SZ) delivered 10 units of XCA1600 all-terrain cranes on the opening day of baumaChina 2020 in Shanghai. It's the smallest 1,600-ton super crane in size with the most considerable hoisting capability and most robust functions. XCMG also signed mu...
Born2Global Centre to Accelerate Cultivation of Innovative Mobility Startups for Self-driving Era
SEOUL, South Korea, Dec. 4, 2020 /PRNewswire/ -- Born2Global Centre (Born2Global) revealed the four innovative mobility startups it is intensively incubating in anticipation of the coming prevalence of autonomous driving. Born2Global jointly hosted an online global mobility business meet-and-gree...
PABLO AIR succeeds in simultaneous delivery using two drones in a 50-mile circular flight
SEOUL, South Korea, Dec. 4, 2020 /PRNewswire/ -- The successful drone delivery of emergency medicines and everyday items from mainland Korea to nearby islands has been the subject of significant attention. The long flight followed by accurate, simultaneous delivery of items by two drones depart...
TD Holdings, Inc. Addresses Recent Stock Volatility
SHENZHEN, China, Dec. 4, 2020 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading and supply chain management service provider in China today released a statement to address its recent stock volatility. The management team of the Company believes it is prudent t...
Together for climate protection: Lufthansa Cargo and DB Schenker start first CO2-neutral freight flights
SHANGHAI, Dec. 4, 2020 /PRNewswire/ -- 30 November 2020, a cargo flight successfully completed a round trip for the first time in commercial aviation, whose fuel requirements were completely covered by Sustainable Aviation Fuel (SAF). This first CO2-neutral freight flight is made possible by a...
Full Truck Alliance Group Makes Inroads into the Intra-city Freight Market with Acquisition of SS Return Truck
SHANGHAI, Dec. 4, 2020 /PRNewswire/ -- On November 24, Full Truck Alliance, an intelligent transportation platform inChina, announced it secured $US1.7 billion in the latest round of funding to expand its freight business from inter-city to intra-city and branded the service as Yunmanman. In Jun...
DHL Global Connectedness Index 2020: Hong Kong S.A.R. ranks 25th globally in connectedness, ranking one notch higher amid worldwide pandemic
* Hong Kong ranks fifth amongst Asia Pacific countries, taking one step up from 2018 index * The city also ranks second in economies with the highest proportions of flows crossing national borders HONG KONG, Dec. 4, 2020 /PRNewswire/ -- DHL today released the seventh edition of the annual DHL...
Gubagoo Releases Revolutionary Automotive Digital Retailing Platform
Powering Asbury Automotive's new eCommerce offering 'Clicklane', Virtual Retailing 2.0 is now available to dealers nationwide. BOCA RATON, Fla., Dec. 3, 2020 /PRNewswire/ -- Gubagoo – the leading provider of digital retailing, conversational commerce, chat, and messaging solutions for Automotive...
USI Announces Completion of Acquisition of Asteelflash
SHANGHAI, Dec. 3, 2020 /PRNewswire/ -- Universal Scientific Industrial (Shanghai ) Co., Ltd. ("USI", SSE: 601231), a world-leading company in electronic design, manufacturing services, and modularization solution, is pleased to announce today that it has successfully completed the acquisition (the...
China Automotive Systems Registered Record High Monthly Shipments to Commercial Vehicle Market in China
- Reached monthly run rate of 70,000 steering units shipped to leading Chinese OEMs andNorth America aftermarket - - New steering product and production line are ready for autonomous driving trucks and buses - WUHAN, China, Dec. 3, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: ...
Xinhua Silk Road: China's iconic sedan brand Hongqi to launch E-HS9 at Boao event after 6,170-km journey
BEIJING, Dec. 3, 2020 /PRNewswire/ -- A fleet of nine E-HS9, the latest electric SUV model by Hongqi, hit the road onNovember 15 in northeastern China Changchun city and headed for southern China Haikou where it would be officially launched for the market at the upcoming 2020 Boao Forum for Entr...
Deloitte 2020 White Paper of China Automotive Aftermarket Highlights Digitalization and its Impact on China's Market
BEIJING, Dec. 3, 2020 /PRNewswire/ -- In its latest report 2020 White Paper of China Automotive Aftermarket, Deloitte highlighted several core insights that shaped and continues to transform this fast-growing sector, as well as future developments to watch. The report not only covered trends i...
Nexteer and Continental Joint Venture CNXMotion Develops Brake-to-Steer Technology
Enhances the Steering "Safety Net" in Highly Automated Driving * Pioneers use of electronic braking as an additional layer of steering control for traditional, highly automated & autonomous vehicles (Automation Levels 1 - 5) * Offers a cost-effective approach to achieve advanced safety * Le...
INTEGRITY Security Services (ISS) and Unex Collaborate to Deliver Secure V2X Communications for Smart Infrastructure and Connected Vehicles
HSINCHU, Dec. 2, 2020 /PRNewswire/ -- Unex
Ideanomics' Treeletrik Announces the Hire of Volkswagen Veteran, Richard Teoh, as its Chief Financial Officer
- Former Director of Group Finance Controlling at Volkswagen Group Malaysia - Over 20 years of financial leadership experience - With his rich background in automotive, manufacturing, and construction industries throughout ASEAN, Mr. Teoh will be instrumental in fueling Treeletrik's growth N...
Ideanomics' Treeletrik Announces the Hire of Volkswagen Veteran, Richard Teoh, as its Chief Financial Officer
- Former Director of Group Finance Controlling at Volkswagen Group Malaysia - Over 20 years of financial leadership experience - With his rich background in automotive, manufacturing, and construction industries throughout ASEAN, Mr. Teoh will be instrumental in fueling Treeletrik's growth N...
Senmiao Technology Announces Strategic Cooperation with Meituan, China's Leading E-commerce Platform for Services
CHENGDU, China, Dec. 2, 2020 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announcedinitial r...
XCMG E-series Rotary Drilling Rigs Deliver Excellent Performance in Extremely Challenging Projects
XUZHOU, China, Dec. 2, 2020 /PRNewswire/ -- The E-series rotary drilling rigs designed and manufactured by XCMG (000425.SZ) performed exceptionally well in multiple high-profile construction projects with topographical and geological complexities, including the integrated transportation hub inBei...
Frost & Sullivan Explores Key Retail Opportunities and OEM Strategies in the Global Electric Two-wheeler Industry
Mobility experts reveal critical success factors and new growth strategies in the two-wheeler connected and shared ecosystem SANTA CLARA, Calif., Dec. 2, 2020 /PRNewswire/ -- The two-wheeler (2W) market holds the key to unlocking the future of electric vehicle (EV) transportation and enabling ma...
The 11th IIICF opens grandly in Macao
MACAO, Dec. 2, 2020 /PRNewswire/ -- The 11th International Infrastructure Investment and Construction Forum (The 11th IIICF), hosted by the China International Contractors Association (CHINCA) and the Macao Trade and Investment Promotion Agency, grandly opened onDecember 2 in Macao. Ho Iat Seng, ...
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