Transportation
Financial Report July - September 2020
STOCKHOLM, Oct. 23, 2020 /PRNewswire/ -- Financial Summary - Q3'20 * Net Sales and Cash flow were better than expected * Net Sales of $371 million declined by 20% including an Organic Sales1 ?decline of 7% * Active Safety Net Sales of $170 million declined by 5% including an Organic Sales ...
Bitauto Announces Shareholders' Approval of Merger Agreement
BEIJING, Oct. 23, 2020 /PRNewswire/ --?Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services forChina's automotive industry, today announced?that at an extraordinary general meeting held today, the...
CRRC High-Speed EMU Maximizes Mobility for Hundreds of Millions of Travelers During China National Day Holiday
BEIJING, Oct. 23, 2020 /PRNewswire/ --?CRRC ("CRRC Corporation Limited" or "the company"), one of the world's leading rail transportation equipment providers, has enabled travel for hundreds of millions inChina with their high-speed Electric Multiple Unit (EMU) trains?-- playing a key role in ...
Nexteer Unveils New High-Output Electric Power Steering System
* Converts Heavy-Duty Trucks & Light Commercial Vehicles from Hydraulic to Electric Power Steering * Enables Heavier Vehicles to Take Advantage of Advanced Safety, Comfort and Fuel Economy AUBURN HILLS, Mich., Oct. 23,?2020 /PRNewswire/ --?Nexteer Automotive /www.nexteer.com/news-relea...
Lear Climate Change Strategy Aims for Net Zero Emissions by 2050
SOUTHFIELD, Mich., Oct. 23, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today expanded its sustainability efforts by announcing several new environmental goals, including achieving net zero emissions by 2050. /mma.p...
EV Charge Holding Limited secures EUR15 million from GEM
ZHENGZHOU, China, Oct. 23, 2020 /PRNewswire/ -- EV Charge Holding Ltd. (EV Charge), an electric charging solution company incorporated under the laws of theUnited Kingdom whose registered office is at 20-22 Wenlock Road, London, England, N1 7GU,?announced that it has signed an agreement with GEM ...
More than 500 SANY machines are working on the Jakarta-Bandung high-speed railway project
BEIJING, Oct. 23, 2020 /PRNewswire/ -- Recently, Jakarta-Bandung high-speed railway project has reached a criticalmilestone following the breakthrough of tunnel No.3. There are currently more than 500 SANY machines working on the constructionsite of the project in Indonesia. "80 percent of the eq...
CNN and Hyundai Motor Company embark on a new campaign exploring innovations in transport and mobility
HONG KONG, Oct. 23, 2020 /PRNewswire/ -- CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) are partnering on a cross-platform campaign that explores how innovation will change the way we will live in the future. In this exclusive global partnership, CNN will deliver a creat...
Hitachi Elevator Wins Bid for Nanjing Jinling Central Project
NANJING, China, Oct. 21, 2020 /PRNewswire/ -- In September, Hitachi Elevator secured the bid forNanjing's "Jinling Central" complex development and construction project, and shall provide 65 elevator products and supporting services, of which the highest elevator reaches speeds of6m/s. "Jinling ...
IAR Systems adds functionality to functional safety certified Renesas RH850 development tools
UPPSALA, Sweden, Oct. 22, 2020 /PRNewswire/ -- Latest version of IAR Embedded Workbench for Renesas RH850 further strengthens automotive embedded applications development through added support for position-independent code IAR Systems?, the future-proof supplier of software tools and services for...
Pininfarina launches design competition for a new world
TORINO, Italy, Oct. 22, 2020 /PRNewswire/ -- How design will have to approach the new world? On the occasion of its90th anniversary, Pininfarina launches an international design competition that challenges students from all around the world to create something that expresses their dreams for the ...
GEM Group Invest EUR15 million to EV Charge Holding Limited
ZHENGZHOU, China, Oct. 22, 2020 /PRNewswire/ -- EV Charge Holding Ltd. (EV Charge), an electric charging solution company incorporated under the laws of theUnited Kingdom whose registered office is at 20-22 Wenlock Road, London, England, N1 7GU, announced that it has signed an agreement with GEM ...
SK Innovation Declares Ambition to 'Lead the Efforts for Battery Safety, Charging Speed and Driving Range' at InterBattery 2020
* SK Innovation presents its capacity as the "best and most well-prepared partner" to create an ecosystem for battery-related industries * The company aims to make SK batteries a byword of battery safety with no history of battery fire incident for 10 years of supplying batteries * SK Innova...
Hillebrand Acquires Braid
With this acquisition, Hillebrand aims to strengthen its position as a leading global logistics service provider not only for alcoholic beverages but also for other non-hazardous bulk liquids commodities. MAINZ, Germany, Oct. 22, 2020 /PRNewswire/ --?Hillebrand, a world leading forwarding, trans...
Airbiquity Launches OTAmatic Vehicle Configurator to Help Automakers Manage Connected Vehicle Software
New offering allows automakers to control the number of software versions in vehicles, better understand the state of entire fleets SEATTLE, Oct. 22, 2020 /PRNewswire/ --?Airbiquity?, the global leader of connected vehicle services, today launched itsOTAmatic? Vehicle Configurator, a tool for ...
New Managing Director for GEODIS in Taiwan
TAIPEI, Oct. 22, 2020 /PRNewswire/ -- Nana is Taiwanese with strong international supply chain management experience, having worked for leading logistics operators inEurope, Hong Kong, Philippines, and Taiwan for over ten years. She joins GEODIS as Managing Director inTaiwan. She holds Masters D...
Lear Climate Change Strategy Aims for Net Zero Emissions by 2050
SOUTHFIELD, Mich., Oct. 22, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today expanded its sustainability efforts by announcing several new environmental goals, including achieving net zero emissions by 2050. /mma.pr...
Industry leaders to discuss innovative ideas in Asia Pacific's biggest virtual project management conference
KUALA LUMPUR, Malaysia, Oct. 21, 2020 /PRNewswire/ --?The leading names in the project management fraternity will converge virtually at the inaugural International Project Management Conference (IPMC) to exchange insightful knowledge and ideas on the theme 'Beyond Projects – Embracing the New Era...
Enterprise Rent-A-Car Opens in Aruba and Panama, Expands in Brazil
Enterprise Plus and Emerald Club Loyalty Programs Offered Across these Popular Destinations? ST. LOUIS, Oct. 21, 2020 /PRNewswire/ --?Enterprise Holdings?announced today that its flagshipEnterprise Rent-A-Car?brand has opened its first locations in Aruba and Panama, as well as 25 additional bra...
Frost & Sullivan Examines Seven Virtual and Augmented Reality Application Areas Boosted by Global 5G Deployment
Countries at the forefront of 5G deployments are the United States, South Korea , andChina SANTA CLARA, California, Oct. 21, 2020 /PRNewswire/ --?Frost & Sullivan's recent analysis,Empowering the Future of VR/AR Content Consumption through 5G, covers seven virtual reality (VR)/augmented reality (...
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