SMMT - Vehicle production dips amid EV transformation and intense market pressure
British vehicle production slips -11.8% to 905,233 units in 2024, with cars down to 779,584, as industry continues transformation to EV production. 4.0% growth in commercial vehicle production fails to offset -13.9% decline in car output. Potential...
U Power and Ezzy Transporter Establish Joint Venture to Bring UOTTA Battery-Swapping Solutions to Thailand
Joint venture will facilitate customized production and sales of battery swapping vehicles to take advantage of Thailand's booming EV market SHANGHAI, Jan. 29, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a...
Star-Studded Sponsor Line-up Takes Centre Court at the Singapore Tennis Open 2025
Main sponsors include Turkish Airlines, ASICS and Polestar who are set to elevate the Singapore Tennis Open 2025 with their synergistic partnerships. SINGAPORE, Jan. 28, 2025 /PRNewswire/ -- The inaugural Singapore Tennis Open (STO) 2025, which will...
Thailand BOI Says 2024 Investment Applications Soar 35% to 10-Year High of USD33 Billion as FDI in Data Centers and Cloud Services Take the Lead
BANGKOK, Jan. 13, 2025 /PRNewswire/ -- The Thailand Board of Investment (BOI) said today that applications for investment promotion in 2024 soared 35% in value to 1.14 trillion baht (ca. USD 33 billion), the highest level since 2014, led by large...
Tantech's U.S. Subsidiary Signs $5 Million Sales Contract
LISHUI, China, Dec. 27, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that, on December 26, 2024, its U.S. subsidiary, Gohomeway Group Inc, signed an annual purchase agreement with Heidi...
Michael Hart: U.S. Businesses Optimistic in China Amid Evolving Trade Landscape
BEIJING, Dec. 19, 2024 /PRNewswire/ -- In an interview with Beijing Review, Michael Hart, President of the American Chamber of Commerce in China (AmCham China), shared his insights on the evolving economic and trade relations between China and the...
Tantech Holdings Ltd Establishes New U.S.-Based Subsidiaries
LISHUI, China, Dec. 16, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that Tantech has established two subsidiaries in the United States, Gohomeway Inc and Gohomeway Group Inc. The new...
China Matters' Feature: Why Shenzhen is the Heart of Innovation and Future Living
SHENZHEN, China, Dec. 13, 2024 /PRNewswire/ -- Despite being a relatively young city, Shenzhen has gained international recognition for its remarkable economic growth, technological innovation and incredible urban development. Through rapid...
Hyundai Motor Group Innovation Center Singapore Celebrates First Anniversary with Group Executive Chair Euisun Chung
Hyundai Motor Group celebrates a year of innovation at HMGICS, a key hub advancing the Group's sustainable, human-centric mobility vision Group Executive Chair Euisun Chung emphasizes HMGICS's strategic role in advancing Hyundai's vision for future...
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain
Joint venture to build an all-new lithium iron phosphate (LFP) battery plant at Stellantis' Zaragoza, Spain site Production is planned to start by end of 2026 and could reach up to 50 GWh capacity Stellantis is committed to bringing more affordable...