Tag Archives: TRN

Leading Luxury Platform SENSER Expands to the US, Marking a Major Step in Global Strategy

NEW YORK, June 28, 2024 /PRNewswire/ — A new powerhouse in global luxury retail, SENSER, is making its debut in North America. SENSER is one of the most influential luxury shopping platforms and leading force in fashion e-commerce. Currently, the SENSER app serves over 2 million high-net-worth customers, offering an unparalleled luxury fashion experience. In just a few years, SENSER has revolutionized the fashion industry, attracting significant attention and securing substantial funding from various prestigious institutions. Now, SENSER is officially entering the US market, bringing a brand-new luxury shopping experience to American consumers.

In 2023, SENSER announced the appointment of Mr. Francesco Tombolini, the former EVP of ARMANI, the former Digital Director of GUCCI, and the President of CBI, as the Head of SENSER’s Global Advisory Board.

In early 2024, SENSER officially announced its strategic focus on the US market as the next stage of its global expansion, committed to bringing an enhanced fashion consumption experience to American consumers.

INTRAMIRROR LIMITED has launched SENSER, now recognized as one of the world’s leading luxury fashion e-commerce platforms. Known for its exceptional two-stage logistics experience, SENSER ensures top-tier service for fashion enthusiasts globally. The app partners with over 2,500 brand counters across 60 countries, offering a curated selection of more than 500,000 luxury items.

Since its inception, the SENSER app has quickly garnered a loyal user base exceeding 2 million. In its first year alone, SENSER outperformed established e-commerce giants in numerous countries and regions. The app continued its rapid growth throughout 2023, displaying a promising trend of become the premier choice for fashion consumers. This remarkable success is driven by SENSER’s deep integration and meticulous operations within the global luxury supply chain. The app offers a more comprehensive and extensive product ecosystem than its competitors, boasting an unrivaled number of SKUs and exceptional supply chain capabilities.

Additionally, all SENSER products are shipped directly from European boutiques, allowing consumers to purchase their desired items at 30-60% off retail prices while enjoying a VIP-level professional fashion service experience, similar to that of physical stores.

Leveraging its digital supply chain platform, SENSER empowers major overseas fashion department stores and luxury counters with digital capabilities. Driven by technology, it seamlessly brings luxury goods from fashion malls worldwide to the online sphere. It is worth mentioning that SENSER has also established a dynamic logistics tracking system to solve various uncertainties in cross-border transportation. For instance, if an order experiences any delays beyond a predetermined timeframe, the platform will conduct targeted investigations and provide real-time updates to the user, ensuring the reliability and transparency of the logistics experience.

Recognizing the highly personalized nature of luxury consumption, the SENSER app has introduced the role of “online fashion consultants”. The app intelligently matches users with dedicated fashion advisors and provides personalized service throughout the shopping process. These services include pre-ordering the new season styles, custom styling advice, pre-sales product recommendations, global sourcing, international logistics tracking, and customized return and exchange programs. For core users, these “fashion consultants” maintain ongoing relationships, providing tailored support and guidance.

Today, this successful model is set to open a new door to luxury shopping for American consumers.The SENSER app will offer over 500,000 items, including both luxury brands and designer brands at prices ranging from 30% to 70% off US retail prices. This significantly expands consumer choices, allowing both classic enthusiasts and trendsetters to discover their perfect finds.

SENSER is more than just a shopping platform; it is also an advocate of a unique lifestyle. To celebrate the grand opening of the US market, SENSER APP has launched special discounts for new users, covering iconic brands such as Chanel, LV, MiuMiu and Prada. The scale of the event is unprecedented, and hundreds of thousands of items can enjoy subsidized prices, which fully reflects SENSER’s emphasis on the US market.

Authenticity Guarantee and quality assurance remains SENSER’s core value. All its products are carefully selected from European boutiques and are rigorously certified by CCIC before reaching the consumer. This guarantees the authenticity and excellent quality of each luxury item, allowing customers to enjoy the discount price at the same time, but also have the same shopping experience as the physical store – thoughtful and privileged.

SENSER’s expansion into the US marks a significant milestone in its internationalization strategy, injecting fresh vitality into the American luxury market. With highly competitive prices, a diverse selection of fashion items and strict quality control from source to end consumer, SENSER is poised to lead a revolution in luxury consumption. It empowers every consumer in pursuit of a better life to enjoy the allure of global luxury while experiencing a more convenient, secure, and cost-effective shopping experience.

WeRide Robosweeper Rolls into Singapore, Facilitating Smart Sanitation of the ‘Garden City’

SINGAPORE, June 20, 2024 /PRNewswire/ — WeRide announced a partnership with Chye Thiam Maintenance (CTM), a renowned sanitation company in Singapore, to jointly advance the commercial deployment of WeRide Robosweepers in Singapore. The first batch of WeRide Robosweepers has successfully arrived in Singapore and begun safety testing, with official operations expected to commence by the end of 2024.

WeRide Robosweepers testing in Singapore (Photo source: THE STRAITS TIMES)
WeRide Robosweepers testing in Singapore (Photo source: THE STRAITS TIMES)

Singapore has achieved remarkable results in urban sanitation, with tree-lined streets, numerous gardens, and a picturesque landscape, earning it the reputation of a “Garden City.” The partnership between WeRide and CTM will provide the latest cutting-edge technology and high-quality unmanned sanitation services for urban cleaning in Singapore

CTM is one of the largest cleaning and waste management companies in Singapore. It maintains long-term cooperative relationships with the Singapore government, entertainment and tourism industry, and is a leading pioneer in the field of sanitation in Singapore.

WeRide is a global leader in autonomous driving technology, conducting R&D, testing, and operations across 30 cities in 7 countries worldwide. With a comprehensive range of mature, massively produced products and extensive commercialization experience in smart sanitation, smart logistics, and smart mobility, WeRide has established itself as an autonomous driving industry frontrunner.

Since September 2022, WeRide’s smart sanitation services have been rolled out in multiple cities, including Guangzhou, Shenzhen, and Beijing. These deployments contribute to model projects for smart city development, enhancing the livability and tourism appeal of these urban areas.

WeRide Robosweeper S6 features multiple high-precision sensors and AI algorithms, enabling it to efficiently perform various urban sanitation tasks such as road sweeping, water spraying, and disinfection. The Robosweeper can automatically detect road conditions, avoid pedestrians and obstacles, ensuring safe and reliable operation while enhancing cleaning efficiency.

Additionally, the WeRide Robosweeper is powered by an all-electric drive system, reducing carbon dioxide emissions by nearly 10,000 kilograms per month on average. This ensures its low-carbon footprint while significantly contributing to the green transformation of Singapore’s sanitation sector.

The landing in Singapore marks the successful entry of WeRide’s smart sanitation business into the international market, further unleashing its commercial landscape and potential. WeRide will view Singapore as a strategic center, collaborate with local partners, and rapidly enter the Southeast Asian sanitation market, bringing efficient and high-quality unmanned sanitation services to more countries and cities.

Expands into New Energy with Strategic JV and Launches New Charging Solutions

HONG KONG, June 18, 2024 /PRNewswire/ — Foxconn Interconnect Technology Ltd (“FIT”, listed on the Hong Kong Stock Exchange under 6088), a subsidiary of Hon Hai (TW.2317), is expanding its presence in the electric vehicle (EV) sector. Following the acquisition of Germany’s SWH Group in 2023 and the launch of the Voltaira brand for its mobility solutions portfolio, FIT Hon Teng has formed a joint venture with XYPower Technology Co., Ltd., establishing FXNWING New Energy Technology Co., Ltd. (“FXNWING”) to enter the EV charger market.

XY Power, based in Xi’an, specializes in EV charging and energy storage systems. With over 25 years of experience, their expertise in power module design will enhance FXNWING’s production capabilities. Combined with FIT Hon Teng’s manufacturing strengths, this partnership aims to deliver top-notch charging  and energy restorage solutions globally. With growth potential in the EV market, FIT will continue to partner with core technical experts to leverage business opportunities by shortening development times and enhancing the solution packages.

Along with the One-FIT strategy, the strong cooperation between FXNWING and Voltaira has resulted in a new series called Voltaira AC and DC chargers. The debut product Voltaira Anoles AC charger offer 7kW and 22kW charging power and has won the 2024 IF Product Design Award by featuring its interchangeable covers and easy cable and socket replacement to comply with various international standards. Its modular design and improved heat dissipation make it adaptable to different environments.

At Europe’s largest smart energy exhibition, Smarter E Europe, on June 19-21, 2024, visitors were able to explore the Voltaira Royal Series. Targeting the Middle East and North Africa (MENA) market, the Royal Series includes DC fast charging stations and AC chargers for commercial and residential use. Designed for harsh climates, these products feature robust protection and intelligent power distribution to achieve high efficiency and reduce operational costs.

FXNWING’s innovation is further evidenced by the FitPile,the mini DC which has won a Red Dot Design Award. This recognition highlights FIT Hon Teng’s commitment to innovation and technical excellence.

Visit us at Messe München, Germany (MESSE) C6.635.

About FIT (Foxconn Interconnect Technology) Hon Teng (HK.6088)

Foxconn Interconnect Technology (FIT), listed on the Hong Kong Stock Exchange, focuses on precision design and manufacturing of connector products as its core. FIT continues to explore 5G AIoT, EV mobility, and audio applications areas, stepping into consumer brand operations. For more information about FIT, please see: www.fit-foxconn.com.

Email: fit-ir@fit-foxconn.com                      sales-usa@fit-foxconn.com

ThroughPut.AI and Inteligistics Announce Strategic Partnership to Transform Agriculture and Fresh Produce Supply Chains

The Partnership focuses on driving maximum optimization of both the supply chain and interwoven cold chain to improve sales, profit margins, output, safety, and traceability.

PALO ALTO, Calif., May 21, 2024 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain Decision Intelligence pioneer, and Inteligistics, the leading digital visibility solutions provider for perishable supply chains, today announced a strategic technology alliance to accelerate profitability for the sales of perishable goods. This area is typically plagued by volatile prices and volumes, poor predictions, limited supply chain visibility, and excessive product spoilage. This leads to high rejection and discount rates, and avoidable lost margins. ThroughPut.AI, in collaboration with Inteligistics, will enable growers, suppliers, carriers, distributors, and retailers to significantly improve the efficiency of their supply and cold chain operations, thus ensuring that all fresh products – ranging from berries and vegetables to fish and meat – is sold profitably on-time and in-full for faster, fresher and safer delivery with full supply chain visibility.

Mutual customers introduced ThroughPut.AI and Inteligistics as complementary partners due to ThroughPut.AI’s patented, Gartner-ranked comprehensive Supply Chain Analytics & Decision Intelligence software, with Inteligistics’ industry-leading expertise in supply chain performance, productivity, and sustainability, where both have yielded high-value outcomes for customers, their consumers, and owner-investors across the globe. The two companies also share a common goal of minimizing waste, shrink, unfilled orders, and lost sales.

“We’re delighted to partner with Inteligistics as we look to expand our capabilities for our clients in the critical Food and Agricultural industry. Food and AG supply chains suffer from siloed legacy point solutions that don’t address today’s supply chain networks’ complexity and volatility. To overcome these modern Food and AG supply chain challenges, already existing but disparate data must be tapped into, stitched together, analyzed, visualized, and optimized with Industrial-grade AI for actionable recommendations and better results,” explained Seth Page, COO and Head of Strategic Partnerships of ThroughPut Inc. “By partnering with Inteligistics, we can provide customers with our unprecedented supply chain visibility, actionability, predictions and recommendations into customers’ cold chain operations as part of their larger end-to-end supply chain networks. This allows customers to leverage data at every step of the way to make the right produce available at the right place, at the right time, to the right customer, at the best price, in the correct quantities, and in the safest traceable manner possible.”

“Our partnership with ThroughPut.AI will empower agricultural producers, and buyers to leverage data for timely, intelligent decision-making, while accelerating margins,” said Rao Mandava, CEO and Chairman at Inteligistics. “Our customers will now have a unified common operating picture for a single source of truth for all their perishable inventory, enabling them to reduce risk, increase safety, and unlock new growth opportunities. The data is also available for our recently unveiled 1-Click FSMA 204 Traceability reporting solutions. All our supply and cold chain solutions work with data from a company’s legacy data platforms, including ERP, WMS and procurement systems, eliminating the major operational disruption associated with platform replacement.”

Joint Capabilities

Bringing together ThroughPut’s patented and award-winning AI-powered Supply Chain Advanced Analytics and Decision Intelligence solution with Inteligistics’ innovative supply and cold chain performance improvement capabilities will empower their customers to drive additional value in many key areas including the following:

  • Fill Rate: The joint solution will provide customers with an innovative fill rate model that will enable them to:
    • Dynamically allocate products when farm and producer outputs vary, thus ensuring timely demand fulfillment.
    • Proactively forecast customer demand, pricing, and volumes, as well as leveraging advanced analytics to balance supply with demand on a real-time basis.
    • Tailor fill-rates based on customer segmentation, helping customers to prioritize higher contribution margin product mixes with the best on-time and in-full (OTIF) rates to maximize returns.
  • Scheduling: The combined solution will empower suppliers and buyers to optimize loading facility and cross-docking queuing, slotting, scheduling, loading and usage via:
    • Data-driven recommendations for ideal order fulfillment time-slots based on customer segmentation, available inventory, and priority-based delivery of in-demand products across the supply chain.
    • Ensure necessary labor, docks and slots are available for loading on time to further enhance operational efficiency, greater throughput, higher output, and additional revenue and profit generation.
    • Streamline the scheduling process and maximize order fulfillment while minimizing delays, idle time, and site traffic.
  • Rejection and Discount Rates: Leveraging data inputs from Inteligistics and ThroughPut.AI will deliver fresh Food & Agriculture specific capabilities, including:
    • Actionable insights and recommendations to optimize end-to-end supply chain operations while maintaining traceable product quality and food safety, for a greater bottom-line with enhanced regulatory compliance.
    • Minimize rejection factors by analyzing data on product temperatures, sales history, and movements across supply chain networks to predict the likelihood of rejection or discounts, while reducing rejection rates and discounts in shipments that are fully traceable and quantifiable.
    • Minimize waste and discounts to consumers by managing the inventory from DCs to stores using predictive shelf life and First Expire/First Out distribution.

PR Contact

Tina Jacobs

pr@throughput.ai

About ThroughPut:

ThroughPut.AI is a Silicon Valley-based Supply Chain AI leader that puts Industrial material flows on Autopilot by leveraging existing Enterprise Data to achieve superior Business, Operations, Financial and Sustainability Results. ThroughPut.AI’s patented, Gartner-recognized AI-powered Supply Chain Analytics and Decision Intelligence software platform predicts Demand, reorients Production Capacity, reassigns Warehouse Space, and reorders Materials optimally, so businesses minimize overpromising and under-delivering, and maximize for their desired outcomes. As a rapid diagnostic platform, ThroughPut.AI both improves material flow and free-cash-flow across the entire end-to-end value chain far faster than leading contemporary and legacy solutions could ever imagine. The founding team is led by seasoned serial entrepreneurs with real-world AI, Supply Chain, Manufacturing, Transportation and Operations experience, from the shopfloor to the top-floor, at leading Fortune 500 Industrial Companies & pioneering Enterprise Technology companies that have impacted the world.

To learn more about ThroughPut Inc, visit our website today.

Additional Resources:

About Inteligistics: 

Inteligistics is uniquely placed in perishables industries using Silicon Valley technology and process improvements to bring digital transformation, turn Big Data into clear actions through AI/ML, and deliver high value improvements to supply chain and cold chain performance for perishable commodities. The resulting increase in productivity and reduction in critical cut-to-cool times, resources help meet sustainability goals. Using IoT, off-the-shelf wireless hardware, and proprietary cloud-based applications, Inteligistics develops custom solutions and provides an end-to-end integrated supply chain platform and standalone applications that improve quality, throughput, increase profits and deliver high ROI on the critical process of moving product from field to consumer. Visit inteligistics.com and linkedin.com/company/inteligistics.

Source: ThroughPut Inc.

Nullmax Showcases Comprehensive Autonomous Driving Solutions at Auto China 2024


FREMONT, Calif., April 26, 2024 /PRNewswire/ — Nullmax, an advanced autonomous driving company, is showcasing its innovative full-set of autonomous driving solutions at the 2024 Beijing International Automotive Exhibition (Auto China 2024), held at the China International Exhibition Center. The company is featuring its platform-based ADAS/AD products, MaxDrive series, which includes a variety of integrated driving and parking solutions designed to accelerate the mass production of autonomous driving globally.

The MaxDrive series aims to offer leading intelligent driving experiences and cost efficiency for all classes vehicles, adapting to a wide range of computing capacity and sensor configurations. With Nullmax’s full-stack software, algorithms and the advanced BEV-AI technology architecture, MaxDrive has been able to deliver any type of self-driving application to worldwide automakers in a short time.

Comprehensive ADAS/AD Solutions for Various Needs
At the exhibition, Nullmax introduced four types of ADAS/AD solutions to cater to the diverse needs of OEMs for different vehicle classes. The solutions are designed to be more efficient, requiring significantly less computing power while still delivering superior performance.


It is seen that the automotive industry approaches a critical phase in the implementation of intelligent driving technologies. Towards this enormous demand, Nullmax is highlighting four key smart driving solutions at the exhibition, ranging from entry-level to advanced solution:

  • Smart Front Camera Solution: Utilizes a TI’s 2 TOPS processor in a 1V configuration, scalable to 1V5R (1 camera and 5 MMW Radars); provides essential intelligent driving functions, including Intelligent Cruise Control and basic ADAS features, ensuring safety and comfort. This solution earned a five-star rating in the latest Euro NCAP and C-NCAP assessments.
  • Basic Solution of Driving and Parking Integration: Features a TI’s 4 TOPS processor in a 5V5R12U setup (5 cameras, 5 MMW Radars, 12 Ultrasonics), offering SAE L2 driving and parking functions, expandable to Navigate on Pilot (highway).
  • Standard Solution of Driving and Parking Integration: Employs a TI’s 8 TOPS processor to provide ADAS functions such as Navigate on Pilot (highway), Home-Zone Park Assist.
  • High-End Solution of Driving and Parking Integration: Utilizing a NVIDIA Orin chip in an 11V12U configuration, it operates without Lidar or HD-Maps, instead generating a local map on board in real time. This high-performance solution offers comprehensive driving and parking capabilities, including Navigate on Pilot for both urban and highway scenarios.

These solutions all use a single processor and do not require additional SoC or MCU, offering a notable cost advantage. Additionally, the integrated solutions of driving and parking can provide navigation function without the need for a high-precision positioning system.

Empowering Global Mass Production with Platform-Based Solutions
The MaxDrive series is tailored to meet the stringent vehicle development requirements around the world. Capable of achieving top-tier results in global assessments such as Euro NCAP, C-NCAP, etc.

Over the past two years, MaxDrive has secured a series of mass-production contracts, and delivered some ADAS/AD solutions. These deployments demonstrate the maturity and reliability of Nullmax’s autonomous driving solutions.

As the automotive industry continues to evolve, Nullmax remains at the forefront of innovation, committed to bringing the benefits of autonomous driving to global consumers. Welcome to visit Nullmax’s exhibit at E2-W03 booth in China International Exhibition Center (Shunyi). and experience the future of autonomous driving firsthand.

About Nullmax
Founded in 2016 in Silicon Valley, Nullmax specializes in vision-based autonomous driving and has established itself as a leader in the industry with its advanced ADAS/AD technology. The company offers a comprehensive range of intelligent driving solutions for OEMs and Tier 1 suppliers.
For more information, please visit www.nullmax.ai.

Contact:
Nullmax Media Center: media@nullmax.ai

TOPDON Unveils State-of-the-Art Thermal Imaging Camera with 9mm Adjustable Lens


ROCKAWAY, N.J., April 25, 2024 /PRNewswire/ — TOPDON, the premier provider of cutting-edge technology and advanced tools for auto repair professionals and enthusiasts, just unveiled its latest in professional grade thermal imaging technology showcased in the new TS001. This long-focus Android thermal imager is designed to capture sharp images, even for objects as close as PCB boards.

TOPDON Thermal Imaging Camera TS001
TOPDON Thermal Imaging Camera TS001

“Thermal imaging has become a critical tool to quickly and accurately target and repair complex issues across a wide range of industries” said Mike Zhou, CEO of TOPDON. “As a leader in advanced solutions for the automotive industry, we’re proud to unveil our most sophisticated thermal imaging technology in the TS001. This powerful new thermal imaging camera will be a significant tool to troubleshoot structural, electrical, and mechanical failures, as well as increase safety in challenging conditions.”

Using a 9mm adjustable lens, the TS001 offers infrared imaging clarity from 0.1 to 500 meters. With 256×192 IR resolution, flawless results are attainable for both macro electrical detection and outdoor observation. Its 25Hz high-speed frame rate swiftly captures tiny faults, while the robust measurement modes offer accurate temperature readings and intuitive heat distribution insights.

“The advanced technology we engineered in our TS001 thermal imaging technology has far-reaching applications outside the auto industry,” said Zhou. “As the technology is not only preventative, it can also lead to increased safety and energy efficiency wherever detecting quick and accurate variations in temperature patterns is required. Professionals in industrial maintenance, electrical inspections, building and HVAC, and medical diagnostics are among the many who will benefit from our technology.”

The TS001 includes several advanced features including:

  • Superior image quality with 256×192 IR resolution
  • The adjustable 9mm lens ensures clarity for objects both near and far
  • Observation mode swiftly captures targets with finesse
  • Smart temperature alert
  • Real-time temperature waveform
  • 10 Color Palettes

For more features about the TS001, visit https://www.topdon.com/products/TS001

About TOPDON
Founded in 2017 TOPDON is a provider of entry-level, mid-level, and advanced tools and solutions for professional technicians, as well as DIY enthusiasts. Globally, TOPDON has over 250 industry-leading engineers and owns over 500 patents and software Copyrights. The company’s cutting-edge technology helps shops minimize downtime and maximize profits. For more information visit www.topdon.com

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

2024 CEO Investor Day
2024 CEO Investor Day

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

Hyundai Motor and Kia’s DAL-e Delivery Robot Arrives, Ready to Revolutionize Indoor Autonomous Delivery Services

  • Hyundai Motor and Kia unveil DAL-e Delivery’s new design and advanced technologies, such as autonomous driving and face identification
  • The robot’s design is based on Plug & Drive (PnD) modules to improve delivery performance, especially in complex settings like offices and malls
  • DAL-e Delivery achieves a top speed of 1.2 m/s and navigates easily around obstacles and in narrow passages
  • The robot is equipped with face identification technology developed by Hyundai Motor Group’s Robotics Lab and certified by the Korea Internet and Security Agency
  • Its enhanced suspension ensures stable transportation, with an increased cargo capacity for up to 16 cups of coffee and items weighing up to 10 kg
  • Set to debut at IGIS Asset Management’s ‘Factorial Seongsu’ in the second quarter, DAL-e Delivery aims to revolutionize efficient F&B and parcel delivery services

SEOUL, South Korea, April 3, 2024 /PRNewswire/ — Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) today unveiled the new design of their DAL-e Delivery robot with images and a video clip. This robot, based on the delivery robot introduced in December 2022, is expected to improve delivery performance, particularly in complex settings, such as offices and shopping malls.

DAL-e Delivery
DAL-e Delivery

Drawing from the insights gained from Hyundai Motor and Kia’s previous conveyance pilot project, DAL-e Delivery has undergone significant improvements in both design and performance for swift and dependable delivery services in complex indoor environments.

DAL-e Delivery
DAL-e Delivery

“DAL-e Delivery offers efficient and reliable F&B and parcel dispatch services to ensure customers receive goods promptly,” said Dong Jin Hyun, Vice President and Head of Robotics Lab at Hyundai Motor and Kia. “Our vision extends to implementing infrastructure interworking across diverse spaces, including offices, restaurants and shopping malls.”

DAL-e Delivery
DAL-e Delivery

To enhance driving stability, DAL-e Delivery is designed in a square column with rounded corners with the center of gravity at the bottom. The sensors are discreetly integrated, and the sophisticated metal-like design lends DAL-e Delivery a sleek, premium aesthetic.

DAL-e Delivery is based on four Plug & Drive (PnD) modules, a mobility solution that combines a motor with steering, suspension, braking systems and environmental recognition sensors. It can speed up to 1.2 m/s, with the free-moving PnD modules combined with advanced autonomous driving technology to recognize obstacles and easily navigate in congested areas. Also, the robot’s enhanced suspension provides a steady ride over bumps in the floor to ensure stable delivery.

U Power Announces Market Validation Phase of Shared Battery Swapping Solution for Two- and Four-wheeled EVs

SHANGHAI, Feb. 12, 2024 /PRNewswire/ — U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that their shared battery swapping solution designed for both two- and lightweight four-wheeled electric vehicles (“EVs”) has entered the market validation phase. The first batch of over 40 battery swapping stations offering battery swapping services for both two- and lightweight four-wheeled EVs has been set up in Shanxi, China, catering specifically to the needs of delivery services and the food delivery industry.

Upon successful completion of the market validation phase, the Company aims to extend its service by gradually deploying over 200 of their specialized battery swapping stations in additional Chinese provinces, including Shandong, Anhui, and Shanxi. U Power’s battery swapping technology seamlessly accommodates both two- and lightweight four-wheeled EVs by utilizing battery packs with identical specifications. This system allows different models of EVs to swap battery modules at the same station. For instance, two-wheeled EVs may use 2-4 sets of battery modules, while their lightweight four-wheeled counterparts may use 4-8 sets of battery modules. The procedure entails initiating the swap via cell phone verification at the battery station, followed by manual battery swapping.

Mr. Jia Li, Chief Executive Officer and Chairman of the Board, commented, “Our shared battery swapping solution is an exciting innovation for individuals employed in the delivery industry. We are confident that our solution will help delivery service providers lower their daily operating costs, while enhancing overall vehicle efficiency. When compared to the cost of purchasing and charging a battery, our leasing system is projected to reduce battery operating expenses by around 30%. Once our solution officially launches, we anticipate the creation of significant business opportunities that will generate long-term value for our shareholders.”

About U Power Limited

U Power Limited is a vehicle sourcing services provider, with a vision to becoming an EV market player primarily focused on its proprietary battery-swapping technology, or UOTTA technology, which is an intelligent modular battery-swapping technology designed to provide a comprehensive battery power solution for EVs. Since its operation in 2013, the Company has established a vehicle sourcing network in China’s lower-tier cities. The Company has developed two types of battery-swapping stations for compatible EVs and is operating one manufacturing factory in Zibo City, Shandong Province, China. For more information, please visit the Company’s website: http://ir.upincar.com/.

Forward-Looking Statements

This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Contact

U Power Limited
Investor Relations Department
Email: ir@upincar.com

Robin Yang, Partner
ICR, LLC
Email: UPower.IR@icrinc.com
Phone: +1 (212) 475-0415

Denodo gains momentum in Thailand with growing demand for next-generation logical data management


Thailand is one of Denodo’s focus markets as the company’s overall APAC business growth supersedes other regions; affirms the opportunities for Denodo’s data innovations and solutions

BANGKOK, Jan. 16, 2024 /PRNewswire/ — Denodo, a leader in data management, is committed to growing its presence in Thailand to deliver the next frontier in logical data management, led by Dr Nitipong Boon-Long, Country Director of Thailand; and overseen by Robin Fong, Regional Vice President & General Manager of ASEAN & Korea.

Working closely with leading Thai System Integrators, Denodo recently partnered with one of the largest healthcare providers in Thailand, who deployed Denodo to substantially improve its Hospital Information System (HIS) for enhanced patient care and improved operational efficiency. This collaboration signifies Denodo’s strategic venture into Thailand’s healthcare sector – positioning Denodo as accelerating excellence in healthcare through digitally-driven healthcare data management. Denodo’s logical approach to data management – poised to drive digital transformation for Thai enterprises, is also particularly evident through the partnerships Denodo has forged with the likes of STelligence and Inteltion.

Denodo Country Director of Thailand Dr Nitipong Boon-Long (third from left); STelligence CEO/Founder Dr. Santisook Limepeeticharoenchot (fourth from left); Denodo Executive Vice President Suresh Chandrasekaran (fifth from left)
Denodo Country Director of Thailand Dr Nitipong Boon-Long (third from left); STelligence CEO/Founder Dr. Santisook Limepeeticharoenchot (fourth from left); Denodo Executive Vice President Suresh Chandrasekaran (fifth from left)

“We are delighted to be joining forces with Denodo to help solve the data challenges of Thai enterprises. Denodo’s award-winning platform is highly respected in the data management landscape, and their dedication to addressing the specific data challenges faced by Thai enterprises on their digital transformation journey, along with their commitment to robust data governance, is second to none”, said Dr. Santisook Limepeeticharoenchot, CEO/Founder of STelligence.

Denodo Platform is the leading data integration, management, and delivery platform using a logical approach to enable self-service business intelligence (BI), data science, hybrid/multi-cloud data integration, and enterprise data services. Leveraging Denodo Platform, organizations acquire timely, trusted, and integrated datasets for faster analytics and informed business decisions. Some of the most well-recognized Fortune 500 and Global 1000 brands trust the Denodo Platform to improve customer experiences, gain operational efficiencies and agility, achieve self-service data democratization, and realize IT infrastructure modernization.

At Denodo’s recent annual technical retreat which brings together more than 200 technical team members from its offices worldwide, the team discussed on adding new features and functions, as well as other technical aspects of the Denodo platform. The retreat was held in Bangkok, Thailand – one of the burgeoning markets for Denodo in APAC, and in view of continued investment bolstering its growth trajectory in the region. Denodo’s product and services roadmap to help organizations with digital transformation, advanced analytics, and hybrid/multi-cloud solutions was also discussed at the retreat.

“For the past few years, we have been observing strong growth of our business in APAC, as many forward-looking organizations are embracing a logical data management foundation to accelerate AI and self-service initiatives and in turn propel their business growth,” said Suresh Chandrasekaran, Executive Vice President of Denodo.

Thailand is one of the markets within APAC where we are betting big on our future growth and we already see signs of our success in this part of the world, in terms of both customer acquisition and new partnerships. While we already close to a hundred enterprise customers across APAC region using our platform for their digital transformation journey, we look forward to helping hundreds more to become more competitive through higher levels of data utilization and compliance, and achieve a radical impact in operational efficiencies.”

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About Denodo

Denodo is a leader in data management. The award-winning Denodo Platform is the leading data integration, management, and delivery platform using a logical approach to enable self-service business intelligence (BI), data science, hybrid/multi-cloud data integration, and enterprise data services. Realizing more than 400% ROI and millions of dollars in benefits, Denodo’s customers across large enterprises and mid-market companies in 30+ industries have received payback in less than 6 months. For more information, visit www.denodo.com or call +1 877 556 2531 (US) / +44 (0) 20 7869 8053 (UK) / +65 6950 7489 (Singapore).