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

Formula E breaks indoor land speed world record in ‘unlocked’ Gen3 car

NEOM McLaren driver Jake Hughes hit 135.9 MPH in a GenBeta development vehicle. Ahead of the final two races of Season 9 in London, Formula E showed off the “unlocked” potential of its Gen3 electric race car. The EV series has claimed the world record for indoor land speed, clocking in at 135.9 MPH (218.71… Continue reading Formula E breaks indoor land speed world record in ‘unlocked’ Gen3 car

Seven automakers unite to create massive new public EV charging network in North America

A lot of folks were doubtless still digesting the details of Tesla’s near-takeover of the North American public EV charging scene—and along comes another blockbuster development on the infrastructure front. Seven of the world’s major automakers—GM, Stellantis, BMW, Mercedes, Hyundai, Kia and (oddly enough) Honda—have announced plans to form a joint venture to build a… Continue reading Seven automakers unite to create massive new public EV charging network in North America

@VW Group: A pioneer’s dream: Porsche China Innovation Open Day 2023007622

27/07/2023 More than 6,200 pioneers joined the Porsche China Innovation Open Day to celebrate the pioneering spirit of Porsche and witness the achievements of Porsche China Innovation Office at its 5th anniversary. China, a market of inspiration and an engine of innovation As Porsche marks its 75th anniversary, Michael Kirsch, President & CEO of Porsche… Continue reading @VW Group: A pioneer’s dream: Porsche China Innovation Open Day 2023007622

@VW Group: Porsche AG continues positive business development in first half-year007621

26/07/2023 Porsche continued its positive business development in the first half-year of 2023. In the first six months of the year, the sports car manufacturer posted significant gains in Group sales revenue as well as Group operating profit. Sales revenues rose by 14.0 per cent to 20.43 billion euros. The operating profit rose by 10.7… Continue reading @VW Group: Porsche AG continues positive business development in first half-year007621

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

Hanwha Aerospace Selected as Preferred Bidder for Land 400 Phase 3 by Australian Army

SEOUL, South Korea, July 27, 2023 /PRNewswire/ — Hanwha Aerospace announced today that its subsidiary, Hanwha Defense Australia(HDA), has been selected as the preferred bidder for the Land 400 Phase 3 Infantry Fighting Vehicle (IFV) program with the Redback IFV. This program includes 129 vehicles across two variants and will be delivered under an accelerated… Continue reading Hanwha Aerospace Selected as Preferred Bidder for Land 400 Phase 3 by Australian Army

Kamux will open a new flagship showroom in the Lakalaiva area in Tampere, Finland, in spring 2024

HÄMEENLINNA, Finland, July 27, 2023 /PRNewswire/ — Kamux, a company specializing in used car sales, continues to implement its growth strategy and will open a new flagship showroom in the Lakalaiva area in Tampere, Finland in late spring 2024. The new megastore with app. 400 cars will be opened in a completely new building that… Continue reading Kamux will open a new flagship showroom in the Lakalaiva area in Tampere, Finland, in spring 2024