Yadea High-performance E-mobility Won German 2023 Red Dot Awards and the iF DESIGN AWARDs

HONG KONG, May 12, 2023 /PRNewswire/ — Yadea (01585.HK), a global leading brand of developing and manufacturing two-wheeler electric vehicles, won four international product design awards, namely two Red Dot Awards and two iF DESIGN AWARDs. After winning IDEA awards in 2022, Yadea became a winner brand again. The winners are Yadea E-motorcycle KEENESS, Yadea… Continue reading Yadea High-performance E-mobility Won German 2023 Red Dot Awards and the iF DESIGN AWARDs

Zoomlion Exhibits Intelligent Products and Digitalization Achievements in Zoomlion Smart Industrial City

CHANGSHA, China, May 12, 2023 PRNewswire/– Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) is hosting a technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14 in the Zoomlion Smart Industrial City (the “City”) in Changsha, Hunan Province, showcasing its achievements in intelligent manufacturing, intelligent product development, and digital… Continue reading Zoomlion Exhibits Intelligent Products and Digitalization Achievements in Zoomlion Smart Industrial City

JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

A New Partnership between Hellenic Defence Systems (EAS) and Global Aerospace and Technology company, Paramount Presents Game-Changer for Greek UAV Market ATHENS, Greece, May 12, 2023 /PRNewswire/ — Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions,… Continue reading JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

Autoliv Announces Results of 2023 Annual Stockholders Meeting

STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting

DENSO to Sponsor, Join Panel at CADIA Rev Up 2030 DEI Summit

Mobility supplier’s support reinforces its efforts to promote diversity, equity, inclusion and belonging in the automotive industry SOUTHFIELD, Mich., May 15, 2023 /PRNewswire/ — DENSO, a leading mobility supplier, will sponsor and participate in a panel at the Center for Automotive Diversity, Inclusion & Advancement’s (CADIA) sixth annual DEI Summit, happening May 18 at the… Continue reading DENSO to Sponsor, Join Panel at CADIA Rev Up 2030 DEI Summit

GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Although global demand remains subdued, there has been an uptick since December’s trough, while the trend actually improved slightly in North America in April, indicating some economic resilience Excess supply chain capacity was also driven by global organizations’ drawdown of their safety stocks, which have fallen below their historic average for the first time in… Continue reading GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Although global demand remains subdued, there has been an uptick since December’s trough, while the trend actually improved slightly in North America in April, indicating some economic resilience Excess supply chain capacity was also driven by global organizations’ drawdown of their safety stocks, which have fallen below their historic average for the first time in… Continue reading GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Tube Investments Q4 net profit up 74% at Rs 312 crore

The company posted Rs 220.72 crore in the same period a year ago. Tube Investments is engaged in the business of manufacturing precision steel tubes, steel strips, car door frames, automotive and industrial chains, and bicycles.  Murugappa Group’s engineering firm Tube Investments of India (TII) on Monday reported a 74.4 percent jump year-on-year (YoY) in… Continue reading Tube Investments Q4 net profit up 74% at Rs 312 crore

Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector

Ashok Leyland’s Chief Information Officer, Vinod G, believes that the latest artificial intelligence (AI) technologies such as generative pre trained transformers (GPT), have the potential to fundamentally transform the automotive sector. This will have an impact on every facet of the company’s operations, including production, sales, finances, the management of human resources, and safety, among… Continue reading Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector

Electric Vehicle (EV) Transmission Market to Grow USD 20.08 Billion By 2027, registering a CAGR of 27.3%.| Valuates Reports

BANGALORE, India, May 15, 2023 /PRNewswire/ — Electric Vehicle (EV) Transmission Market with COVID-19 Impact, Size, Trends, Growth, Share Analysis, By Vehicle Type (Single Speed, Multi-Speed), By Transmission System (Automated manual transmissions, Continuously variable transmissions, Dedicated hybrid transmission/dual-clutch transmission, Automatic transmission): Global Opportunity Analysis and Industry Forecast 2021–2028.  It is published in Valuates Reports under the Autos… Continue reading Electric Vehicle (EV) Transmission Market to Grow USD 20.08 Billion By 2027, registering a CAGR of 27.3%.| Valuates Reports