REPT BATTERO expands Global Market for Wending 320Ah Cells with World’s First Triple TÜV Certificates

The Company Leads the Way in 320Ah Storage Cell Sector with World’s First Mass Production of Wending 320Ah Cells Starting in Q3 BEIJING, July 28, 2023 /PRNewswire/ — REPT BATTERO, a leading innovator in energy storage solutions, announces the acquirement of three prestigious international certificates from TÜV Rheinland, Germany, namely, UL 1973, UL 9540A, and… Continue reading REPT BATTERO expands Global Market for Wending 320Ah Cells with World’s First Triple TÜV Certificates

XCMG Machinery Forms Strategic Alliances with IBM and SAP to Foster Global Digital and Intelligent Transformation and Drive International Business Growth

XUZHOU, China, July 27, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) has officially signed a long-term strategic cooperation agreement with IBM and a memorandum of strategic cooperation with SAP lately to push forward the intelligent and digital transformation of the group to further elevate its competitive advantages in the global market and build a world-class… Continue reading XCMG Machinery Forms Strategic Alliances with IBM and SAP to Foster Global Digital and Intelligent Transformation and Drive International Business Growth

Vietnam’s VinFast to complete SPAC merger next monthThe business combination values VinFast at an enterprise value of $27b and an equity value of $23b…

Vietnamese electric vehicle (EV) maker VinFast said it was set for a public debut next month following the completion of a business combination with Black Spade Acquisition Corp. The transaction is expected to occur after the special purpose acquisition company holds its extraordinary shareholder meeting on August 10 to approve the proposed business combination, VinFast… Continue reading Vietnam’s VinFast to complete SPAC merger next monthThe business combination values VinFast at an enterprise value of $27b and an equity value of $23b…

Judge: London ULEZ expansion can go ahead on 29 August

To qualify, residents must be receiving certain low-income or disability benefits and be scrapping a car that doesn’t meet the new emissions limits. People claiming the higher £5000 allowance must be scrapping a wheelchair-accessible vehicle. The mayor’s office said the ULEZ expansion will help clear the capital’s roads of 200,000 high-polluting vehicles. However, the AA… Continue reading Judge: London ULEZ expansion can go ahead on 29 August

Ather Energy and BPCL partner to install EV chargers at fuel stations

Bharat Petroleum Corporation (BPCL), a leading OMC has forged a strategic partnership with Ather Energy, to further strengthen and expand electric vehicle charging network. Through this collaboration, Ather Energy will get access to BPCL’s network of over 21,000 fuel stations across the country, enabling the installation of Ather’s fast-charging Grid. This collaboration strengthens Ather Energy’s… Continue reading Ather Energy and BPCL partner to install EV chargers at fuel stations

VW stock lower as auto giant cuts sales forecast, refocuses China efforts

Shares of global auto giant Volkswagen (VOW3.DE) are slipping today after the company cut its global delivery forecast as it tries to control higher input costs and a new strategy in the all-important Chinese market. For the first half of the year, Volkswagen reported global revenue of 156.3 billion euros, up 18% from a year… Continue reading VW stock lower as auto giant cuts sales forecast, refocuses China efforts

VW stock lower as auto giant cuts sales forecast, refocuses China efforts

Shares of global auto giant Volkswagen (VOW3.DE) are slipping today after the company cut its global delivery forecast as it tries to control higher input costs and a new strategy in the all-important Chinese market. For the first half of the year, Volkswagen reported global revenue of 156.3 billion euros, up 18% from a year… Continue reading VW stock lower as auto giant cuts sales forecast, refocuses China efforts

John Lau takes legal action against Heath Zarin, EV Cornerstone

Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ — Mr. John Lau Shek Yau (“John Lau or Mr. Lau”), founder of Cargo Services Group as well as JL Enterprises, began legal dispute and litigation proceedings against Heath Brian Zarin… Continue reading John Lau takes legal action against Heath Zarin, EV Cornerstone

H World Announces Preliminary Q2 Operating Results

RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results

FAW enjoys surging export sales in anniversary year

BEIJING, July 28, 2023 /PRNewswire/ — This is a report from China Daily:  China’s leading automaker FAW Group achieved a robust increase in vehicle exports in the first half of this year as it continues to expand its presence in the global market.  Continue Reading The 55.77 millionth vehicle of FAW Group rolls off the… Continue reading FAW enjoys surging export sales in anniversary year