BEIJING, Nov. 6, 2020 — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced the completion of the merger with Yiche Mergersub Limited ("Merger Sub"), a wholly owned subsidiary of Yiche Holding…
Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence
TOKYO, Nov. 5, 2020 — COVID-19 has affected the four cornerstones of connectivity, shared, electric and autonomous (C.A.S.E.) in the mobility industry, even as it continues to incubate new consumer behaviors, competitive responses, innovation strategies, and business models. The crisis has provided a massive impetus to digital initiatives across the mobility…
Passenger Vehicles in Latin America Will Host Next-gen Connected Services as Standard by 2025, says Frost & Sullivan
Future growth in connected vehicles and services to be led by multimedia, infotainment, instrument panel, and HMI solutions SANTA CLARA, Calif., Nov. 5, 2020 — Frost & Sullivan’s recent analysis, Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025, focuses on analyzing technologies and services that are and will be…
Nel ASA: Selected by Iberdrola as preferred supplier for a 20 MW green fertilizer project in Spain
OSLO, Norway, Nov. 4, 2020 — Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has been selected as preferred supplier by Iberdrola for a 20 MW PEM solution for a green fertilizer project in Spain. Contract award is subject to mutual agreement on the final commercial terms. The hydrogen…
GAC MOTOR Recognized as Champion of J.D. Power Initial Quality Study for China Brand for Eight Consecutive Years
GUANGZHOU, China, Nov. 1, 2020 — Recently, J.D. Power publicized its 2020 China Initial Quality Study (IQS) report, and as the third-party survey authority, it provides the customers with reliable reference for purchasing cars. In this report, GAC MOTOR is distinguished as the China brand champion for eight straight years, with its…
Inspirations from the Global Leader: Getting to 100% Electric Delivery Vehicles
A new report series from Rocky Mountain Institute brings new insights from Shenzhen–the global electric vehicle leader– on how to fully electrify urban delivery and logistics vehicles. BEIJING, Oct. 30, 2020 — Today Rocky Mountain Institute (RMI) launched a six-volume report series which explores the experience of the City of…
Financial Report July – September 2020
STOCKHOLM, Oct. 23, 2020 — 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 — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that at an extraordinary general meeting held today, the Company’s shareholders voted in favor of (i) the proposal to authorize…
GAC MOTOR Launches All-New Luxury Flagship GA8 in the Kingdom of Saudi Arabia
RIYADH, Saudi Arabia, Oct. 16, 2020 — GAC MOTOR, together with partner Aljomaih Automotive Company, held a special global online release on October 15th for the launch of the luxury flagship all-new GA8 in the Saudi market. Benefiting from the good reputation of GAC MOTOR, the high-end flagship model GA8…
Consumer Electronics and Automotive Sectors to Push Adoption Potential for Electrically Conductive Materials
Development of nanomaterials to manufacture electrically conductive materials will unlock new growth opportunities, says Frost & Sullivan SANTA CLARA, California, Oct. 15, 2020 — Frost & Sullivan’s recent analysis, Growth Opportunities for Conductive Materials, finds that increasing demand for high-efficiency electronics and components such as electrical circuits is sparking innovation in…