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Hyundai Motor Advances Electrification Vision with New EV-dedicated Plant in Ulsan, Building on Its Brand Heritage

* Hyundai Motor holds groundbreaking ceremony at its plant complex in Ulsan where Founding Chairman Ju-yung Chung established the company's first major manufacturing base more than 50 years ago   * The new EV plant to build on Hyundai Motor's brand heritage while laying the foundation for the...

2023-11-13 15:08 1377

Global Times: Beijing's innovation, opening-up efforts in financial sector more attractive for foreign players

BEIJING, Nov. 13, 2023 /PRNewswire/ -- With more than two hundred driverless logistical vehicles running in designated parks in Beijing, Yu Enyuan, CEO of Neolix, a start-up specializing in making these vehicles, expressed gratitude for the burgeoning business when looking at a huge screen which ...

2023-11-13 13:40 1429

TAILG Debuts New TLG Brand and Product Lineup at EICMA, Boosting Global Expansion

MILAN, Nov. 11, 2023 /PRNewswire/ -- From November 7 to 12, TAILG showcased its new brand TLG globally at the premier two-wheeled vehicle exhibition EICMA 2023, while simultaneously inking a deal to launch its first flagship store in Europe. Geng Xiewei, Counselor of the Economic and Commercial of...

2023-11-11 00:46 4331

Genes Tech Group Announces 2023 Q3 Results

Total revenue reached approximately NTD1,107.85 million Revenue from the the turnkey solutions increased by approximately 9% to approximately NTD608.24 million Basic earnings per share were NTD8.35 cents Q3 Results Highlights * The total revenue reached approximately NTD1,107.85 million * T...

2023-11-10 19:38 5160

AIZEN Global and Grab Forge a Partnership in Mobility Finance

JAKARTA, Indonesia, Nov. 10, 2023 /PRNewswire/ -- AIZEN Global, a leading player in AI-powered financial services, has announced a strategic partnership agreement with Grab,Southeast Asia's leading super app. This dynamic collaboration is set to revolutionize the emerging realm of e-mobility fina...

2023-11-10 10:00 2306

Autoliv Announces Dividend Increase

NEW YORK, Nov. 10, 2023 /PRNewswire/ --  Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that its quarterly dividend will be increased by 3% to68 cents per share, from 66 cents, for the fourth quarter of 2023.  "It is our ambition to ...

2023-11-10 07:18 3798

Ultraviolette Launches International-spec F77 for European Markets at EICMA 2023; F99 Factory Racing Platform makes Global Premiere

* European riders will be able to ride F77 with either A1 or A2 driving licenses * The F99 Factory Racing Platform witnessed a massive interest at EICMA 2023 MILAN, Nov. 10, 2023 /PRNewswire/ -- Ultraviolette, a pioneering force in future mobility and energy infrastructure captured spotlight ...

2023-11-10 07:00 2175

China Unicom and Huawei Help Exquisite Automotive Deploy a Commercial 5G-Advanced Flexible Production Line

BAODING, China, Nov. 9, 2023 /PRNewswire/ -- Recently, China Unicom and Huawei began to help the Baoding Automation Technology Branch of Exquisite Automotive Systems Co., Ltd. ("EA") deploy a commercial 5G-Advanced flexible production line that features ultra-high reliability and ultra-low latenc...

2023-11-09 10:38 2971

Global demand for connected vehicle data grows Geotab's subscriptions to 4 million

* Geotab celebrates remarkable growth, adding 1 million new subscriptions in just 15 months * Since the company reached 3 million subscriptions last August, Geotab-connected vehicles have traveled more than 89 billion kilometers; that's about 594 trips to the sun * The number of Geotab conn...

2023-11-09 09:00 1510

Volvo Cars welcomes Polestar's strengthened business plan

GOTHENBURG, Sweden, Nov. 9, 2023 /PRNewswire/ -- Volvo Cars welcomes the strengthened business plan announced by Polestar today, which aims to take the company into a new phase of growth and profitability. Please see the announcement from Polestar here.    Polestar will adopt a variety of steps ...

2023-11-09 05:42 3595

TAILG's New Brand TLG Makes Spectacular Debut at EICMA in Milan, Italy

Inaugurating its Presence in Europe, TLG Unveils First Flagship Store in Switzerland MILAN, Nov. 9, 2023 /PRNewswire/ -- On November 8, TAILG showcased its new brand at EICMA,Italy's premier exhibition for motorcycles. The company unveiled TLG to a global audience and simultaneously inked a deal...

2023-11-09 00:17 6919

NTU Singapore and Durapower develop cloud-based AI tech for safer and longer-lasting batteries

SINGAPORE, Nov. 8, 2023 /PRNewswire/ -- Scientists from Nanyang Technological University, Singapore (NTU Singapore) and Durapower Technology Singapore Pte Ltd have developed a cloud-based technology that can greatly enhance the lifespan and safety of lithium-ion batteries.

2023-11-08 20:57 1671

Exascend Unveils Automotive Storage Solutions for Connected Vehicles

TAIPEI, Nov. 8, 2023 /PRNewswire/ -- Exascend , a service-oriented provider of innovative storage and memory solutions, today announced itsEM500 series e.MMC

2023-11-08 16:00 1322

Yadea Unveils KEMPER: A High-Performance Electric Motorcycle at EICMA 2023

MILAN, Nov. 8, 2023 /PRNewswire/ -- Yadea, a steadfast presence at EICMA for six times, has once again demonstrated its unwavering commitment to delivering on promises and driving innovations. This year, the spotlight shines on Yadea KEMPER, an electric motorcycle that epitomizes Yadea's user-cen...

2023-11-08 02:03 2091

Opus IVS Partners with National Windscreens PTY LTD of Australia to Revolutionize Diagnostic and Calibration Services in the Australian Automotive Industry

DETROIT, Nov. 7, 2023 /PRNewswire/ -- Opus IVS™, offering an integrated platform of OE and multi-brand diagnostics, remote programming, and calibration solutions, anchored by expert technicians and cutting-edge patented technology, is excited to announce an exclusive partnership with National Win...

2023-11-07 22:05 1431

A Team Sponsored by Dobot Achieves a 3rd-Place Finish in Super GT Racing -- Cobots Accelerate the Development of Japan's Automotive Industry

MOTEGI, Japan, Nov. 7, 2023 /PRNewswire/ -- November 4-5 — After 8 rounds of competition, the Japanese Super GT Championship concluded spectacularly at the Mobility Resort Motegi circuit. The Team LeMans, sponsored by Dobot, achieved excellent results, securing the 3rd place out of 27 competing t...

2023-11-07 13:13 1505

Polyplastics Sees Strong Potential for POM and PP in Thermal Management Systems for EVs

TOKYO, Nov. 7, 2023 /PRNewswire/ -- The Polyplastics Group, a leading global supplier of engineering thermoplastics, has introduced an approach of using its less heat-resistant plastics products for EV cooling components. Polyplastics sees strong potential for less heat-resistant plastics such as...

2023-11-07 13:00 1509

Over 120 countries and regions converge in Shanghai to explore automotive market opportunities, just as China lifts all restrictions on foreign investment in the manufacturing sector

SHANGHAI, Nov. 6, 2023 /PRNewswire/ -- On 18 October, the Chinese Government announced that the country would remove all restrictions on foreign investment in the domestic manufacturing sector in the latest efforts to open up the economy to the rest of the world[1]. While levies were already lift...

2023-11-06 19:44 1460

Over 120 countries and regions converge in Shanghai to explore automotive market opportunities, just as China lifts all restrictions on foreign investment in the manufacturing sector

SHANGHAI, Nov. 6, 2023 /PRNewswire/ -- On 18 October, the Chinese Government announced the removal of all restrictions on foreign investment in the domestic manufacturing[1]. While levies were already lifted in passenger car manufacturing[2], it supports the wider automotive ecosystem as foreign ...

2023-11-06 19:41 1318

JIOS Aerogel Opens Singapore Manufacturing Plant to Produce Thermal Protection for Electric Vehicle (EV) Batteries

SINGAPORE, Nov. 6, 2023 /PRNewswire/ -- JIOS Aerogel (JIOS), a global leader in silica aerogel technology, has celebrated the opening of its advanced manufacturing plant in Pioneer,Singapore, in a ceremony attended by investors, suppliers and partners. The establishment of this facility represent...

2023-11-06 10:00 2177
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