Dongfeng Motor Corporation

DONGFENG MOTOR Accelerates Progress in Europe and Launched Three Vehicles in Spanish Market

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Sabato, Giugno 15, 2024
Vehicle Technology, Supply Chain Management, Retail, Automotive, General Automotive, Performance & Special Interest, DREAM, Multimedia, Research, Dongfeng, Travel, Salvador Caetano, LEAP, Dongfeng Motor Corporation, Automotive industry

The event was attended by Ma Lei, Managing Director of Dongfeng Motor Corporation International Business Department and China Dongfeng Motor Industry Imp.

Key Points: 
  • The event was attended by Ma Lei, Managing Director of Dongfeng Motor Corporation International Business Department and China Dongfeng Motor Industry Imp.
  • Alongside media representatives and European partners, more than 180 people witnessed the new chapter of Dongfeng Motor's development in the European market.
  • View the full release here: https://www.businesswire.com/news/home/20240615409476/en/
    DONGFENG MOTOR Launched Three Vehicles in Spanish Market (Photo: Business Wire)
    Dongfeng released three new vehicles in Spain market: the high-end new energy vehicles VOYAH FREE, VOYAH DREAM, and the luxury electric off-road vehicle MHERO I.
  • The event also featured the unveiling of the VOYAH concept car i-COZY, along with Dongfeng mainstream new energy vehicles DONGFENG BOX and DONGFENG 007.

Dongfeng Algeria Head Office Opened, Making New Progress in Opening up the African Market

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Lunedì, Giugno 10, 2024
General Automotive, Vehicle Technology, Performance & Special Interest, Automotive, SHINE, Multimedia, Belt, Travel, Transport, Dongfeng Motor Corporation, KX, Attention, Automotive industry

On May 20th, Ma Lei, Managing Director of Dongfeng Motor Corporation International Business Department and China Dongfeng Motor Industry Imp.

Key Points: 
  • On May 20th, Ma Lei, Managing Director of Dongfeng Motor Corporation International Business Department and China Dongfeng Motor Industry Imp.
  • Co., Ltd., and Omar, general manager of Cevitale Group, attended the opening ceremony of Dongfeng Algeria Head Office, which marked the new stage of cooperation between Dongfeng and Cevitale Group of Algeria.
  • In this campaign, Dongfeng Motor highlighted a variety of star products, attracting many local people and media to visit and consult.
  • The opening of Dongfeng Algeria Head Office is not only the embodiment of Dongfeng internationalization strategy, but also the actual action of Dongfeng Motor to actively respond to the "Belt and Road Initiative".

Valens Semiconductor Partners with Black Sesame Technologies to Add MIPI A-PHY Connectivity to Black Sesame's Innovative ADAS and Cross-Domain Compute Platforms

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Lunedì, Aprile 29, 2024
VLN, Geely, E113, Ecosystem, Valens Semiconductor, Safety, Auto China, SOC, Dongfeng Motor Corporation, FAW Group, OEM, Growth, MIPI, SVP, Immunity, EMC, HOD, A1000, MCU

Leveraging the VA7000 MIPI A-PHY compliant chipsets by Valens, Black Sesame Technologies will offer and support the A-PHY connectivity standard for its automotive OEM and Tier1 customers.

Key Points: 
  • Leveraging the VA7000 MIPI A-PHY compliant chipsets by Valens, Black Sesame Technologies will offer and support the A-PHY connectivity standard for its automotive OEM and Tier1 customers.
  • The Huashan-2 A1000 is an automotive-grade SoC for L2/L2+ ADAS solutions, supported by a comprehensive and mature mass-production ecosystem.
  • "We decided to move forward with this implementation because of the significant interest for MIPI A-PHY connectivity, both within China and globally," said Weihong Liu, co-founder and President of Black Sesame Technologies.
  • The Huashan-2 A1000 autonomous driving computing chip with A-PHY connectivity will be showcased at Black Sesame Technologies' booth (E113) at the Beijing Auto Show from April 25 to May 5.

Linklogis Starts First Quarter with Strong Performance, with the Transaction Volume Reaching RMB96.2 Billion

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Martedì, Aprile 23, 2024
Cloud, Transfer, Data Trading, Momentum, Infor, Intelligence, Vietnamese, Business, Digital technology, Tourism, PDD, SME, Multi, Blockchain, Research, ABS, Gold, SRM, Dongfeng Motor Corporation, OPPO, Data, Trust, Share repurchase, CITIC Securities, Cryptocurrency

The total transaction volume processed by its technology solutions in the first quarter reached RMB96.2 billion, a year-over-year increase of 45%, reaching a historical high for a single quarter.

Key Points: 
  • The total transaction volume processed by its technology solutions in the first quarter reached RMB96.2 billion, a year-over-year increase of 45%, reaching a historical high for a single quarter.
  • As of April 22, 2024, the cash reserves of Linklogis reached RMB5.2 billion, an increase of RMB400 million compared to December 31, 2023.
  • Transaction Volume Reaches RMB96.2 Billion, with Strong Growth in Core Business Sectors
    In 2024, Linklogis continued to focus on the development of its two core sectors: Anchor Cloud and FI Cloud, while simultaneously pursuing stable growth and high-quality development.
  • In the first quarter, Linklogis cooperated with Dongfeng Motor Corporation and helped it build a supply chain finance service platform, which successfully issued the first digital accounts receivable certificate to suppliers.

PATEO, a Leading Enterprise in Automotive Intelligence Industry, Secures Another Equity Financing of Approximately 1.5 Billion Yuan

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Martedì, Marzo 26, 2024
STEC, Dongfeng Motor Corporation, Attention, China Construction Bank, ICBC, Intelligence, Xiaomi, CCP, Capital, YRD, CCB, DFM, Trust, FAW Group, Industrial, FAW, Intellectual property, Yangtze Delta, Automotive industry, Multimedia, Commercial bank, Renewable energy

According to relevant resources, PATEO has recently obtained another financing of 1.5 billion yuan.

Key Points: 
  • According to relevant resources, PATEO has recently obtained another financing of 1.5 billion yuan.
  • While completing this equity financing, PATEO also signed a 19 billion yuan credit agreement with seven top state-owned banks, including Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB).
  • In the second half of electric vehicle race, intelligence is the core for automakers to create product differentiation, hence the accelerated iteration of automotive product architecture and form.
  • As an intelligence supplier with self-owned core technologies, PATEO has entered a period of leapfrog growth from 1 to 10 with the development of the industry.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

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Lunedì, Marzo 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Lunedì, Marzo 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Black Sesame Technologies Unveils Innovative Autonomous Driving Solutions at CES 2024

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Mercoledì, Gennaio 10, 2024
QNX, BlackBerry, BEV, SOC, GPU, FAW Group, Bit, Ecosystem, Tier 1, Geely, Software, MCU, Dongfeng Motor Corporation, NOA, CES, Growth, Video game

LAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- On January 9th, Black Sesame Technologies, a leading intelligent vehicle SoC and solution provider, revealed a range of innovative products and solutions at CES 2024. Notably, the company introduced its high-performance, automotive-grade autonomous driving chip, the Huashan Series A1000, and the intelligent vehicle cross-domain computing platform, the Wudang C1200 Series. The event also marked the announcement of numerous strategic partnerships, fostering the growth of robust, collaborative ecosystems in the automotive sector.

Key Points: 
  • LAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- On January 9th, Black Sesame Technologies, a leading intelligent vehicle SoC and solution provider, revealed a range of innovative products and solutions at CES 2024.
  • At CES, Black Sesame Technologies highlighted the A1000's broad range of capabilities, showcasing features such as integrated driving and parking, urban navigation, valet parking, 3D surround-view parking assistance, vehicle-road cooperation, and driver monitoring systems.
  • Black Sesame Technologies Shanhai development toolchain, in conjunction with the Huashan series of autonomous driving computing chips, comes equipped with comprehensive development kits and software tools needed for algorithm development.
  • Black Sesame Technologies is dedicated to unlocking new opportunities for industry chain partners and the broader ecosystem through continuous chip innovation and technological advancement.

ThunderSoft Selects C2A Security along with Amazon Web Services, Arm, Blackberry IVY, and others to create new Vehicle OS

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Mercoledì, Gennaio 3, 2024
Aion, Ecosystem, Travel, TomTom, Risk, AWS, Porsche, Dongfeng Motor Corporation, GAC, Sale, Software, HiPhi, Amazon Web Services, BlackBerry, HMI, ETAS, Security, Element, Internet of things, Microchip Technology, Generative, Macan, SDV, SOC, ARM, UN, KPIT, CES, OS, TIER, Mobile phone

JERUSALEM and SHANGHAI, Jan. 3, 2024 /PRNewswire/ -- C2A Security, a risk-driven cybersecurity company, has been chosen by ThunderSoft for its new vehicle operating system, DISHUI OS. DISHUI OS is the first product of its kind in the industry, and it is the result of a joint effort between ThunderSoft and 18 leading companies, including Amazon Web Services, Arm, BlackBerry IVY, Cerence, and others. ThunderSoft is a strategic partner of C2A Security in China, a provider of operating system technologies, software products and solutions, experts in mobile, IoT, automotive, and enterprise. 

Key Points: 
  • JERUSALEM and SHANGHAI, Jan. 3, 2024 /PRNewswire/ -- C2A Security, a risk-driven cybersecurity company, has been chosen by ThunderSoft for its new vehicle operating system, DISHUI OS.
  • DISHUI OS is the first product of its kind in the industry, and it is the result of a joint effort between ThunderSoft and 18 leading companies, including Amazon Web Services, Arm, BlackBerry IVY, Cerence, and others.
  • ThunderSoft is a strategic partner of C2A Security in China, a provider of operating system technologies, software products and solutions, experts in mobile, IoT, automotive, and enterprise.
  • "Security by design should be the bedrock of automotive software development and this collaboration with ThunderSoft's vehicle OS will bring our patented and proven technology to millions of cars globally, enabling the software defined vehicle era.

Stellantis Repurchases €934 Million in Shares from Dongfeng, in Accordance with Pre-Existing Share Repurchase Framework

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Mercoledì, Novembre 22, 2023
Share repurchase, Dongfeng Motor Group, Dongfeng Motor Corporation, Automotive industry

Stellantis Repurchases €934 Million in Shares from Dongfeng, in Accordance with Pre-Existing Share Repurchase Framework

Key Points: 
  • Stellantis Repurchases €934 Million in Shares from Dongfeng, in Accordance with Pre-Existing Share Repurchase Framework
    AMSTERDAM, November 22, 2023 - Stellantis N.V. (“Stellantis”) and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (“Dongfeng”), confirm they have executed a transaction in which Stellantis will repurchase 50 million common shares (1.58% of Stellantis’ share capital pre-cancellation) from Dongfeng, for a total consideration of €934 million.
  • Dongfeng will retain 49.2 million common shares, representing 1.58% of Stellantis’ share capital post-cancellation, and the share repurchase framework agreed between the two parties remains in place with respect to such shares.
  • The purchase of Stellantis common shares by Stellantis from Dongfeng was carried out under the authority granted by Stellantis’ general meeting of April 13, 2023.
  • The share repurchase transaction with Dongfeng will not impact Stellantis’ €1.5 billion open-market share repurchase program announced February 22, 2023, which is expected to complete by the end of 2023.