PTT Team Up with Partners to Launch 5G x UAV SANDBOX to Unlock Thailand’s First Restriction-free Drone Testing Area at Wangchan Valley

BANGKOK, Nov. 12, 2020 — Wangchan Valley invites start-ups, investors, and all interested parties to utilize 5G technology and the first UAV regulatory sandbox in Thailand. Together, both sandboxes will serve as a paradigm shift mechanism to drive Thailand’s innovation ecosystem, since the country’s development is geared towards Industry 4.0. …

Semicon Light, a company possessing the original technology of silver free-flip chip LED, will actively respond to patents

YOUNGIN-SI, South Korea, Nov. 12, 2020 — Semicon Light plans to actively respond to the patents to protect the original technology, "Silver- Free Flip Chip LED". Logo of SEMICON LIGHT Co., Ltd Semicon Light, a company specializing in manufacturing flip-chip LEDs, developed the…

Bitauto Announces Completion of Merger

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…

MingZhu Logistics Holdings Limited Announces Partial Exercise of Underwriter’s Over-Allotment Option

SHENZHEN, China, Oct. 31, 2020 — MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced that ViewTrade Securities, Inc., who acted as the underwriter and sole book-runner of the Company’s underwritten initial public offering ("IPO"), has exercised the partial over-allotment option and…

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…