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…
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…
CNN and Hyundai Motor Company embark on a new campaign exploring innovations in transport and mobility
HONG KONG, Oct. 23, 2020 — 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 creative mix of advertising, branded content…
BGK agrees with IMF report: “Infrastructure investment is a key priority for the CESEE region to accelerate convergence toward the EU15”
WARSAW, Poland, Oct. 17, 2020 — Infrastructure investment is a key priority for Countries in Central, Eastern, and Southern Europe (CESEE) to accelerate the convergence of the living standards toward the level of the more advance European countries, the EU15 – says the IMF report published on 28th Sep 2020. IMF…
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…
Traxis Customs Offers Solution to e-Commerce Operators Post-Brexit
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…
BorgWarner Completes Acquisition of Delphi Technologies
– Strengthens Electronics and Power Electronics Products, Capabilities and Scale – Positions BorgWarner for Greater Growth as Electrified Propulsion Systems Gain Momentum – Enhances Key Combustion, Commercial Vehicle and Aftermarket Businesses AUBURN HILLS, Michigan, Oct. .3, 2020 — BorgWarner Inc. (NYSE: BWA)…