Apple Supplier Tops China Tech Stocks, Rising 23% This Month

Benzinga The Acceleration Of The EV Revolution Comes With Business Expansion Although Tesla Inc (NASDAQ: TSLA) helped create the EV industry, both in the U.S. and China, it is now facing intense competition on both fronts. Fighting for market share, Tesla started a price war at the beginning of the year. Although price wars tend… Continue reading Apple Supplier Tops China Tech Stocks, Rising 23% This Month

The Acceleration Of The EV Revolution Comes With Business Expansion

Although Tesla Inc (NASDAQ: TSLA) helped create the EV industry, both in the U.S. and China, it is now facing intense competition on both fronts. Fighting for market share, Tesla started a price war at the beginning of the year. Although price wars tend to eliminate weaker players from the race, Tesla rivals responded on… Continue reading The Acceleration Of The EV Revolution Comes With Business Expansion

Der China-Europa-Eisenbahn-Express bringt den Wandel nach Duisburg: Von der Stadt des Stahls und der Kohle zum europäischen Güterverkehrszentrum

PEKING, 31. August 2023 /PRNewswire/ — Ein Bericht der GLOBAL TIMES ONLINE: Das in Nordrhein-Westfalen gelegene Duisburg beheimatet den größten und vielseitigsten Binnenhafen Deutschlands und sogar der ganzen Welt – den Duisburger Hafen. Heute hallen das Rauschen der Züge, das Hupen der Frachtschiffe und das Rumpeln der Lastwagen im und um den Hafen herum und… Continue reading Der China-Europa-Eisenbahn-Express bringt den Wandel nach Duisburg: Von der Stadt des Stahls und der Kohle zum europäischen Güterverkehrszentrum

RTX receives DoD funding for GhostEye® MR radar development and experimentation

ARLINGTON, Va., Aug. 30, 2023 /PRNewswire/ — Raytheon, an RTX business, has been awarded $7 million to advance development and assessment of the company’s GhostEye® MR radar, an advanced medium-range sensor for the National Advanced Surface-to-Air Missile System, or NASAMS. These are the first government contracts for GhostEye MR, a multi-mission radar designed and developed by… Continue reading RTX receives DoD funding for GhostEye® MR radar development and experimentation

RTX receives DoD funding for GhostEye® MR radar development and experimentation

ARLINGTON, Va., Aug. 30, 2023 /PRNewswire/ — Raytheon, an RTX business, has been awarded $7 million to advance development and assessment of the company’s GhostEye® MR radar, an advanced medium-range sensor for the National Advanced Surface-to-Air Missile System, or NASAMS. These are the first government contracts for GhostEye MR, a multi-mission radar designed and developed by… Continue reading RTX receives DoD funding for GhostEye® MR radar development and experimentation

NaaS Technology Inc. Announces US$40 Million Private Placement of Convertible Note

BEIJING, Aug. 31, 2023 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S. listed EV charging service company in China, today announced that it entered into a convertible note purchase agreement with LMR Partners Limited (the “Investor” or “LMR”), a global multi-strategy investment fund, pursuant to which the Investor will… Continue reading NaaS Technology Inc. Announces US$40 Million Private Placement of Convertible Note

Europa Wire: ANACONDA Tactical Bridge System Unveiled by GDELS and RMMV at RÜ.NET 2023 Conference000743

ANACONDA Tactical Bridge System Unveiled by GDELS and RMMV at RÜ.NET 2023 Conference (IN BRIEF) General Dynamics European Land Systems (GDELS) and Rheinmetall MAN Military Vehicles (RMMV) have jointly presented the ANACONDA tactical bridge-laying system, based on GDELS’s BIBER bridge, mounted on RMMV’s high-mobility 8×8 HX2 carrier vehicle. This presentation took place at the RÜ.NET… Continue reading Europa Wire: ANACONDA Tactical Bridge System Unveiled by GDELS and RMMV at RÜ.NET 2023 Conference000743

Chinese EV maker AVATR raises over $411m at post-money valuation of $2.7b

Chinese smart electric vehicles firm AVATR Technology, backed by state-run automaker Chongqing Changan Automobile and EV battery giant Contemporary Amperex Technology (CATL), said on Thursday that it has secured 3 billion yuan ($411.5 million) in a Series B financing round.  The news comes as another major transaction in the Chinese EV sector this week after… Continue reading Chinese EV maker AVATR raises over $411m at post-money valuation of $2.7b

Global Hydrogen Engine Market Analysis Report 2023: Market Trends with Data from 2022, Estimates for 2023, and CAGR Projections through 2028

DUBLIN, Aug. 31, 2023 /PRNewswire/ — The “Hydrogen Engine: Global Markets” report has been added to ResearchAndMarkets.com’s offering. The hydrogen engine market was valued at $2.6 billion in 2022 and is projected to reach $10.5 billion by 2028. This market is expected to grow at a CAGR of 26.8% between 2023 and 2028. In the realm… Continue reading Global Hydrogen Engine Market Analysis Report 2023: Market Trends with Data from 2022, Estimates for 2023, and CAGR Projections through 2028

German Handelsblatt: BMW, Kia, Mercedes: These are the most profitable car companies in the world – the number one comes from Germany007536

According to a new evaluation, the world’s largest car companies continue to grow significantly. Compared to the same period last year, sales in the second quarter of the year increased by 18.1 percent, earnings before interest and taxes (EBIT) grew by 31.3 percent. Sales also increased by more than a tenth between April and June.… Continue reading German Handelsblatt: BMW, Kia, Mercedes: These are the most profitable car companies in the world – the number one comes from Germany007536