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Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

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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 value chain. Stakeholders are accelerating digital transformation with innovative, digitally-driven business models and value-added services that will underpin the push towards a stronger, more resilient future.

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence
Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

To understand how digitization is reinventing the mobility landscape, the theme of this year’s Frost & Sullivan’s Intelligent Mobility Summit 2020 is "Intelligent Mobility: The Digital Acceleration".  The two-day online summit, scheduled to be held on November 24-25, 2020 will offer unique insights into the role of digital technologies in helping stakeholders, particularly across the Asia-Pacific region, navigate the new normal and shape the future of mobility in a post-COVID scenario.

To register your attendance at this premier, must-attend flagship Intelligent Mobility Summit, please visit: http://frost.ly/4su

This year’s complimentary event brings together Frost & Sullivan’s mobility experts and industry thought leaders, including Ashwani Gupta, Director, COO/CPO, Nissan Motor Co., Ltd.; Christopher Wehner, Managing Director, BMW Group Asia; Pras Ganesh, Project Executive Vice President, Toyota Daihatsu Engineering & Manufacturing Co., Ltd.; and. Juan Carbonell, Head of Solutions APAC, Moovit.

Panel discussions and industry presentations will focus on six thematic areas:

  • The Future of Connectivity
  • New Paradigms – New Business Models
  • Shared Mobility & Delivery on Demand Trends
  • Future of Electrification & Autonomous Driving
  • Digital Retailing in Automotive Industry
  • Future of Last Mile Delivery

As connectivity capabilities and services improve, the challenge will be to reconcile privacy and data security concerns with the need for more real-time vehicle information. Meanwhile, mobility companies will confront the dilemma of whether to adopt go-it-alone strategies or push for greater interoperability and open standards.

"New digitally empowered business models—usership-based, services-oriented or data monetization-driven, among them—are gaining momentum across the mobility value chain," notes Vivek Vaidya, Associate Partner and Senior Vice President, Mobility Practice, Asia Pacific, Frost & Sullivan. "Start-ups are upsetting traditional value chains, creating new use cases, and fostering novel ideas about value creation."

Participants in the hard hit shared mobility segment are evaluating new business approaches. For instance, several ride hailing, e-scooters, and e-hailing companies are repurposing their offerings by riding on the boom for last mile food and grocery deliveries.

Vehicle electrification and autonomy are long-term strategies that have remained largely insulated from the impacts of the pandemic.  Automakers are continuing to develop electric vehicle/ autonomous driving (EV/AD) platforms and architectures, while pushing forward on circular economy and innovating to zero practices.

Digital automotive retail has received a massive fillip during the pandemic. "Changing customer behaviors are compelling automakers to streamline the customer journey from vehicle purchase to delivery, and promote seamless access to contactless parts/services delivery and online retail finance," says Vaidya. "Simultaneously, evolving online-offline dynamics are altering dealership and distribution models."

Advances in enabling technologies are expanding the potential of urban air mobility (UAM) applications. Cargo drones are being spotlighted as last mile delivery solutions, while passenger UAM vehicles offer promise in resolving urban congestion woes. Continued innovation and regulatory oversight will be key to boosting market prospects.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Melissa Tan
Corporate Communications
T: +65 6890 0926
E: melissa.tan@frost.com

http://ww2.frost.com

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Passenger Vehicles in Latin America Will Host Next-gen Connected Services as Standard by 2025, says Frost & Sullivan

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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 available in Brazil, Argentina, Colombia, Chile, and Peru. It forecasts that by 2025, connected services such as parking finder, real-time vehicle diagnostics, and onboard emergency alert systems would be standard fitment in passenger cars across all automotive OEMs in Latin America. The research reveals multimedia, infotainment, and instrument panels to be the key technologies leading the connectivity transformations in the region’s automotive industry, and identifies high-speed Internet, embedded modems, and human-machine interfaces (HMI) as the new focus areas for OEMs through 2025.

Passenger Vehicles in Latin America Will Host Next-gen Connected Services as Standard by 2025, says Frost & Sullivan
Passenger Vehicles in Latin America Will Host Next-gen Connected Services as Standard by 2025, says Frost & Sullivan

For further information on this analysis, please visit: http://frost.ly/4sr

"Automakers are no longer hardware manufacturers, but are evolving into technology companies, launching new products, technologies, services, and interfaces," said Guira Barretto, Intelligent MoSenior Consultant. "This new scenario is pushing OEMs to launch products and services much faster than before. Most of these solutions are in their initial stages of development. Each OEM can be observed following a different strategy for consolidation in this new market. A large number of multimedia and infotainment solutions are being launched initially in Brazil and Argentina, and later being deployed to other countries of Latin America."

Barretto added: "The next generation of connected services will use onboard internet as a key functionality to allow other connected services. It will enable OEMs to develop connected solutions that are not part of their business models, and partnerships with start-ups and marketplaces will drive robust and strong growth in this regard. OEMs and Tier-1 suppliers should utilize their capabilities to enhance and revamp their service offerings in short durations to increase consumer awareness and interest in the latest technology. Currently, Brazil is leading the connected services market in the region mainly due to the GM OnStar and other tests under development by Audi, Volkswagen, BMW and Ford."

In addition, OEMs and Tier-I manufacturers should follow these strategic recommendations to nurture growth:

  • User Experience: Partner with third-party AI-based assistants, build native intelligent assistants, or offer occupants multi-modal HMI interactions to transform user experience and reduce distractions.
  • Personalization: Develop solutions to improve communication with each of the occupants. Internet access inside the vehicle will be necessary to provide each passenger with a unique and personalized experience.
  • Connected Services: Develop new telematics data and solutions to improve the services offered. Acquiring or partnering with telematics service providers will be important to speed up the launch of these solutions.
  • Internet (4G/5G): Build strategic partnerships with telecom providers and communication module vendors to enhance on-road safety and provide data-rich in-vehicle services.
  • Multimedia, Infotainment, and Instrument Panel: Introduce improved multimedia and infotainment systems and instrument panels to attract and retain users. Larger screens with high-resolution graphics and air-gesture commands are some of the improvements that OEMs can offer.

Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025 is part of Frost & Sullivan’s global Automotive and Transportation Growth Partnership Service program.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025
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Contact:
Francesca Valente
Global Corporate Communications
E: Francesca.Valente@frost.com
http://ww2.frost.com

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Nel ASA: Selected by Iberdrola as preferred supplier for a 20 MW green fertilizer project in Spain

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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 plant is scheduled to commence operations in 2021.

"We are very excited and honored that Iberdrola prefer to use a PEM electrolyser solution from Nel for this landmark green fertilizer project. It is a true testament to our PEM platform, which has been deployed all over the world for several decades. We continuously work to develop larger systems, and with this project our PEM platform will be designed into a 20 MW solution. We have over the course of the last year been working on both alkaline and PEM large-scale solutions, which serve different customer needs, and we look forward to provide our PEM solution for this project," says Filip Smeets, SVP Nel Hydrogen Electrolyser, Nel Hydrogen Fueling.

Iberdrola, one of the largest electricity utilities in the world, has together with a world-leading fertilizer manufacturer Fertiberia launched a project to establish the largest green hydrogen plant in Europe. Located in Puertollano, Spain it will feature a 100 MW photovoltaic plant, a battery installation with a storage capacity of 20 MWh, and a 20 MW electrolyser. The hydrogen produced in the project will primarily be used for green fertilizer production. The 20 MW electrolyser is scheduled to commence operations in 2021.

Contract award is subject to mutual agreement on the final agreement on terms and conditions, technical details, and board approval.

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Kjell Christian Bjørnsen, CFO, +47 917 02 097

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. We serve industries, energy, and gas companies with leading hydrogen technology. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles – without the emissions.

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GAC MOTOR Recognized as Champion of J.D. Power Initial Quality Study for China Brand for Eight Consecutive Years

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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 SUV model, GS3, and MPV model, GN6 respectively ranked first and second in their segments.

J.D. Power Publicized Initial Quality Study, GAC MOTOR Emerged as the China Brand Champion By its High Quality
J.D. Power Publicized Initial Quality Study, GAC MOTOR Emerged as the China Brand Champion By its High Quality

As one of the most professional and authoritative institutions for consumer insight and market research, J.D. Power is well-known for its independence and objectivity. The 2020 China Initial Quality Study (IQS) covers 241 models of 57 brands, identifies 218 issues of initial quality, and records 32,536 users’ feedback, showcasing brand trust and reliability.

Eight consecutive years of China brand champion have proven the stable and reliable GAC MOTOR quality, as recognized by the markets and authorities.

GAC MOTOR has always been strictly controlling vehicle quality and reliability on all aspects and improving each model’s elaborative designs. This year, GAC MOTOR has initiated the QDR project, i.e. high Quality, high Durability, and high Reliability, taking it as a comprehensive indicator for product quality and improved durability standards and quality, and consistently guarantees high quality for the customers.

The outstanding quality control and supply chain system equip each model with extraordinary quality. GS3 ranks first in the mini SUV segment in J.D. Power Initial Quality Research (IQS), with the product quality recognized by highly-regarded institutions. As one of the world’s best-selling stars, GS3 presents customers with a high-tech and high-quality mobility solution with its lordly and fashionable appearance, high-tech interior design, and comfortable driving and control experience widely favored by consumers from all over the world.

Another star model GN6 was recognized by J.D. Power and ranks second in the list of mid-size MPVs. Combining quality and fashion, capaciousness and comfort, intelligence, and safety, GN6 is a selected choice for high-end business reception and suitable for family leisure and caters to the diversified needs of consumers.

At present, GAC MOTOR has extended to 26 countries and regions worldwide, preliminarily built the sales and service networks. Despite the pandemic’s continued impact, GAC MOTOR has grown against the industrial trend and demonstrated strong momentum of steady development.

 

PR Newswire

Inspirations from the Global Leader: Getting to 100% Electric Delivery Vehicles

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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 Shenzhen, China in addressing carbon emissions and air pollution through the electrification of its urban freight sector. Shenzhen is leading the world in electric vehicle adoption and the details of how it is moving towards 100% electrification can provide lessons for cities around the world.

Utilization of a vehicle is one of the biggest determining factors to wider adoption of electric vehicles in fleet and logistics applications. This report series—Putting Electric Logistics Vehicles to Work in Shenzhen—focuses on understanding the policies, charging infrastructure, technology, and market development advances critical to achieving full utilization of electric logistics vehicles (ELVs).

This report series contains insights based on the lessons drawn from Shenzhen relevant to global leaders, including state and city governments, logistics delivery and retail goods industries, and the financial sector. The key insights from our work relevant to these leaders include:

  • Full logistics electrification is possible. Shenzhen’s experience shows that a rapid transition to the use of EVs in urban logistics is feasible and, with the proper policy framework, vehicle operators will rapidly electrify.
  • Policy must evolve as logistics electrification progresses. As the low-hanging fruit of logistics electrification is picked, policy makers must be prepared to pivot towards harder use cases. Being able to dynamically adjust policy to the needs of distinct market segments as they electrify is critical to success.
  • Growing an ELV fleet is a necessary but insufficient condition for logistics electrification. Policy makers often set EV targets in terms of share of sales or share of fleet. Getting EVs into the hands of operators is the first step in full logistics electrification. Cities must also ensure that ELVs are able to displace the use of fossil fuel vehicles.
  • Encourage innovation and entrepreneurialism in the supporting ecosystem. Cities and the financial sector can support innovation in multiple ways, including engaging with industry to support innovative pilots that support proof-of-concept for new approaches to logistics electrification.

To read the full report, visit RMI website at:
https://rmi.org/insight/putting-electric-logistics-vehicles-to-work-in-shenzhen/

 

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Financial Report July – September 2020

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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 decline of 9%
  • Operating Cash flow was positive $1 million, which includes positive timing effects in the quarter

Outlook

  • Net Sales are expected to return to organic growth during Q4’20 and outperform the global LVP during H2’20
  • Currency translation, net is expected to be slightly positive for FY’20
  • RD&E, net is expected to improve by more than $100 million from 2019 (on a comparable basis)
  • Operating loss is expected to improve from 2019 levels (on a comparable basis), and Cash flow before financing activities1 is now expected to be better than $(170) million for H2’20

Business  Highlights

  • Cash flow before financing activities tracking better than our previous expectations for FY’20
  • Veoneer and Qualcomm Technologies, Inc. announced their intent to collaborate on the delivery of ADAS, Collaborative and AD solutions powered by Veoneer’s next-generation perception and driving policy software stack and the Qualcomm® Snapdragon Ride™ ADAS/AD scalable portfolio of System on Chip (SoC), and Accelerators
  • Completed the divestiture of the VBS-US operations to ZF Friedrichshafen AG
  • Market Adjustment Initiatives (MAI) program continues to contribute to the improved operating loss and cash flow performance
  • Order intake is approximately $600 million during the LTM, where Active Safety is approximately two thirds of the LTM order intake

Comments from Jan Carlson, Chairman, President and CEO

Health and safety continue to be our first priorities and we are closely monitoring the development of the COVID-19 pandemic, which unfortunately shows signs of becoming more severe again, and we are staying ready to take the necessary safety precautions and business actions.

Vehicle production accelerated through the quarter, leading to a rapid increase in demand in the entire automotive supply chain, in a time when we are still fighting the effects of the global COVID-19 pandemic. In this challenging environment we executed a record number of activities including: successful vehicle launches, continued market adjustment initiatives, signing of a letter of intent with Qualcomm, finalizing the split of Zenuity and the divestment of our brake business. To summarize our underlying performance improved in almost all metrics. I am pleased with Veoneer’s operational performance in the third quarter and I would like to thank the entire Veoneer team for their focus, dedication and discipline during this highly unusual year.

Cash flow was particularly strong in the quarter and while it included certain timing effects it allows us to expect a better 2020 full year cash flow before financing than previously expected. Our market adjustment initiatives also continue to deliver the targeted improvements, we are establishing new levels of run- rate for cash flow and capital expenditures and continue to drive improvements in RD&E efficiency.

Our daily execution is the foundation that will allow our plans to materialize, and I am pleased that we are managing key launches well including the flagship Mercedes S-Class, the Subaru Levorg and the Volvo XC40 Electric. We are on track for additional fourth quarter and early 2021 launches. This development is fundamental to achieving our stated target to return to organic growth towards the later part of 2020. The selection by EuroNCAP of the Mercedes GLE as the best vehicle in its 2020 test for assisted driving, where most of the active safety content comes from Veoneer is another recent important technology proof-point.

The Qualcomm collaboration is important to Veoneer for multiple reasons. Technologically, it strengthens our capability to provide a full scalable system for the next generation ADAS and later autonomous driving. The combination of Veoneer’s software for perception and drive policy and Qualcomm’s powerful and energy efficient System On a Chip (SoC) will bring a competitive offer to the market for vehicle launches in 2024 and beyond. Commercially, the go-to-market strategy led by Qualcomm will allow for broader access to the market. We are well on track to finalize the initial agreement during the fourth quarter.

Our focus areas first outlined at the beginning of 2020 remain: successful customer launches in 2020 and heading into 2021, market adjustment initiatives to continue to drive efficiencies and improve cash flow, and continuing to win profitable new business.

An earnings conference call will be held today, Friday, October 23, 2020 at 15:00 CET. To follow the webcast or to obtain the phone number/pin code, please see www.veoneer.com. The slide deck will be available on our website prior to the earnings conference call. 1 For all Non-U.S. GAAP financial measures, see the reconciliation tables in this earnings release, including the Non-U.S. GAAP Financial Measures section and further discussion of the forward-looking Non-U.S. GAAP financial measures on page  11.

    
This report is information that Veoneer, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the EVP Communications and IR set out above, at 12:00 CET on Friday, October 23, 2020.

Contacts:

Thomas Jönsson – EVP Communications & IR, +46 8 527 762 27 or thomas.jonsson@veoneer.com
Ray Pekar – VP Investor Relations, +1 248 794 4537 or ray.pekar@veoneer.com. Inquiries – Company Corporate website www.veoneer.com

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Bitauto Announces Shareholders’ Approval of Merger Agreement

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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 and approve the previously announced agreement and plan of merger, dated as of June 12, 2020 (the "Merger Agreement"), by the Company, Yiche Holding Limited ("Parent"), and Yiche Mergersub Limited ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent (the "Merger"), (ii) the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the "Plan of Merger"), and (iii) the consummation of the transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.

Approximately 88.9% of the Company’s total ordinary shares outstanding as of the close of business in the Cayman Islands on the share record date of October 9, 2020 voted in person or by proxy at the extraordinary general meeting. Each shareholder has one vote for each ordinary share. Of the ordinary shares voted at the meeting, approximately 99.9% voted in favor of the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger.

Completion of the Merger is subject to the satisfaction or waiver of the closing conditions set forth in the Merger Agreement. The Company will work with the other parties to the Merger Agreement towards satisfying the closing conditions and complete the Merger in a timely manner. If and when completed, the Company will become a private company and its American depositary shares will no longer be listed or traded on any stock exchange.

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.

Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.

For more information, please visit ir.bitauto.com.  

Safe Harbor Statement

This press release contains statements that express the Company’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (the "Act"). These forward-looking statements can be identified by terminology such as "if," "will," "expected" and similar statements. Forward-looking statements involve inherent risks, uncertainties and assumptions. Risks, uncertainties and assumptions include: uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders; the possibility that competing offers will be made; the possibility that financing may not be available; the possibility that various closing conditions for the transaction may not be satisfied or waived; and other risks and uncertainties discussed in documents filed with the SEC by the Company, as well as the Schedule 13E-3 transaction statement and the proxy statement filed by the Company. These forward-looking statements reflect the Company’s expectations as of the date of this press release. You should not rely upon these forward-looking statements as predictions of future events. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

Suki Li
Bitauto Holdings Limited
Phone: +86-10-6849-2145
ir@bitauto.com

Philip Lisio
Foote Group
Phone: +86-10-8429-9544
bitauto@thefootegroup.com

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GAC MOTOR Launches All-New Luxury Flagship GA8 in the Kingdom of Saudi Arabia

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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 has attracted much attention as it is launched and is expected to be the best choice of luxury cars for the new Saudi elites.

the All new GA8
the All new GA8

This global live press conference on YouTube was co-hosted by Ahmad Albader, a well-known Saudi presenter, and Rana Jobran, a TV and radio host. Combining product videos, real-time online audience interaction and other activities.

As the new flagship car of GAC MOTOR, the all-new GA8 embodies the result of 12 years of inventiveness and intelligence of GAC MOTOR and will bring top driving experience and service to the local elite of Saudi Arabia. With a length of over 5 meters and a wheelbase of 2.9 meters, this new flagship car equipped with a third generation 390T engine brings strong power and only takes 7.8 seconds from 0 to 100km/h.

While keeping its original advantages, the new GA8 improvements on the body safety and interior environment ensures all-round safety yet deep comfort for its passengers. The GA8 is also specially equipped with G-Health seats which uses both Ultrasuede® superior suede and high-grade leather, with ventilated front row, CN95 air conditioning filter, and plasma air purifier system, which effectively isolates heat and harmful substances while keeping the fresh air inside.

Registering steady growth and product lines perfection since entering Saudi Market

With 5 showrooms in 4 big Saudi cities, GAC MOTOR has been expanding rapidly since entering Saudi Market in 2018 with Aljomaih Automotive Company.

GAC MOTOR has introduced eight models in Saudi Arabia so far, including SUVs, three-compartment sedans, and MPVs to a positive reception, as it provides the Saudi consumers with diversified and high-quality driving experience.

With a strong R&D team and intelligent manufacturing systems, GAC MOTOR has matured its global supply chain system, and established strict quality control for all parts. GAC MOTOR’s five-year or 150,000 km warranty policy also assures the consumers greatly. With such improvements, GAC MOTOR is well-positioned to create a more pleasant mobility life for consumers globally.

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Consumer Electronics and Automotive Sectors to Push Adoption Potential for Electrically Conductive Materials

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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 the electrically conductive materials industry. The demand for materials such as conductive polymers, conjugated polymers, quantum dots, metamaterials, conductive hydrogels, and shape memory alloys is expected to increase in the next five years. Extensive miniaturization efforts and anticipated electric vehicle penetration will result in the consumer electronics and automotive sectors securing the highest adoption potential for electrically conductive materials.

Photo – https://mma.prnewswire.com/media/1312704/electric_material_wire_Frost_Sullivan.jpg

For further information on this analysis, please visit: http://frost.ly/4o9

"Enhanced material properties such as thermal management improved electrical conductivity, and better mechanical properties will result in significant operational efficiency upgrades," said Aarthi Janakiraman, TechVision Research Manager at Frost & Sullivan. "The development of nanomaterials for manufacturing electrically conductive materials will open up new avenues for adoption. This will improve the application scope by addressing the key consumer demand for compact and energy-efficient devices."

Janakiraman added: "Effective mergers and acquisition (M&A) can significantly improve geographic reach and help create techno-commercial synergies, which is critical for long-term sustenance by catering to a broad customer group. Additionally, collaborations  with  electrically  conductive  material  manufacturers  can  help  product  developers  attain a  unique market position as, in this case,  know-how and a large-scale production facility for nanomaterials can ensure efficient pricing."

To tap into growth opportunities exposed by conductive materials, market participants can focus on:

  • Collaborating with material developers to improve cost performance.
  • Adopting electrically conductive materials such as graphene, quantum dots, and conductive polymers to improve electrical performance and meet the demand for new capabilities.
  • Using electrically conductive materials such as poly (3, 4-ethylenedioxythiophene) and polyimide conductive polymers to noticeably increase the process’s energy efficiency.

Growth Opportunities for Conductive Materials is the latest addition to Frost & Sullivan’s TechVision research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Growth Opportunities for Conductive Materials

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Contact:
Jaylon Brinkley
Corporate Communications
210-247-2481
jaylon.brinkley@frost.com

 

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Traxis Customs Offers Solution to e-Commerce Operators Post-Brexit

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PARIS, Oct. 6, 2020 — Global Logistics Network and Next Terra International, two companies specialising in international transport and e-commerce logistics, have joined together in creating a new subsidiary company – Traxis Customs, with the purpose of targeting e-commerce flows entering Europe, on the eve of the United Kingdom’s departure from the European Union. 

International Customs Clearance
International Customs Clearance

Historically, e-commerce operators have utilised London Heathrow as a main European gateway for customs clearance, but with the rapid approach of Brexit, international businesses are now seeking alternative solutions in mainland Europe.

Aicha Sow, Managing Director of Traxis Customs said: "We believe that Brexit will create some gaps in Europe, and we would like to jump on this opportunity to help transform Paris CDG airport into a European Gateway for incoming e-commerce flows into Europe. We have been supported by the French customs in our mission and we believe that all facilities are now ready for this movement."

Launching in October 2020 and strategically located within Charles de Gaulle airport in Paris, Traxis offers an intelligent and flexible customs clearance solution, both internationally as well as to those businesses based in the UK seeking European import and exports clearing solutions.  A Registered Customs Representative, Traxis Customs is capable of handling all import, export and transit customs formalities in France, for all European countries, therefore aiding the free circulation of merchandise within Europe.

Supported by the two mother companies (gl-net.com & next-terra.com), Traxis Customs’ primary goal is the optimisation of the flow of imported goods. Specialists in providing express customs clearance for Import, Export or Transit flows, the company have the capability of handling huge e-commerce flows from Asia, USA, or UK using data exchange information and state of the art information technology. Customs Clearance services can be arranged individually by shipment for freight mode or over manifest covering a list of shipments arriving or leaving in express/courier mode.

Traxis Customs is a subsidiary company of two major logistic providers on the French market : Next Terra International and Global Logistics Network.

Photo – https://techent.tv/wp-content/uploads/2020/10/traxis-customs-offers-solution-to-e-commerce-operators-post-brexit.jpg  
Logo: https://mma.prnasia.com/media2/1306361/Traxis_Customs_Logo.jpg?p=medium600 

www.traxis-customs.com

www.next-terra.com

www.gl-net.com

Contact: info@traxis-customs.com

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