Wanxiang

CGTN AMERICA & CCTV UN: Global Media Dialogue: Why 2024 is the year to "Spring into China?"

Retrieved on: 
Tuesday, March 12, 2024
China Media Group, Illinois Institute of Technology, University, Q&A, Wanxiang, Multilateralism, CGTN America, Commerce, Justice, Tourism, CCTV, Media Group, Economic development, Artificial intelligence, Management

WASHINGTON, March 12, 2024 /PRNewswire/ -- CGTN America & CCTV UN releases "Global Media Dialogue: Why 2024 is the year to 'Spring into China?'"

Key Points: 
  • WASHINGTON, March 12, 2024 /PRNewswire/ -- CGTN America & CCTV UN releases "Global Media Dialogue: Why 2024 is the year to 'Spring into China?'"
  • Three small words that signal a vast and growing potential source of new productivity, international cooperation and shared wealth.
  • Discussions will also look at sister cities like Chicago and Shanghai as they continue to be a bridge for global innovative business.
  • The event is hosted by China Media Group and sponsored by the China General Chamber of Commerce in Chicago.

CGTN AMERICA & CCTV UN: Global Media Dialogue: Why 2024 is the year to "Spring into China?"

Retrieved on: 
Tuesday, March 12, 2024
China Media Group, Illinois Institute of Technology, University, Q&A, Wanxiang, Multilateralism, CGTN America, Commerce, Justice, Tourism, CCTV, Media Group, Economic development, Artificial intelligence, Management

WASHINGTON, March 12, 2024 /PRNewswire/ -- CGTN America & CCTV UN releases "Global Media Dialogue: Why 2024 is the year to 'Spring into China?'"

Key Points: 
  • WASHINGTON, March 12, 2024 /PRNewswire/ -- CGTN America & CCTV UN releases "Global Media Dialogue: Why 2024 is the year to 'Spring into China?'"
  • Three small words that signal a vast and growing potential source of new productivity, international cooperation and shared wealth.
  • Discussions will also look at sister cities like Chicago and Shanghai as they continue to be a bridge for global innovative business.
  • The event is hosted by China Media Group and sponsored by the China General Chamber of Commerce in Chicago.

TopBrand 2023 Global Brands: U.S. Tops List with 172 Brands, China Secures No. 2 Position

Retrieved on: 
Tuesday, November 21, 2023
Cloud, CEIBS, Artificial intelligence, 2009 National People's Congress, UnitedHealth Group, Amazon, NPC, China Communications Construction Company, Commerce, NetEase, Multimedia, PetroChina, Hikvision, Wanxiang, Westlake University, ExxonMobil, Committee, Geely, Ali Baba, Apple, National People's Congress, Convention center, Congress, Baidu, Microsoft, Government, Management, Pharmaceutical industry, Retail, Sinopec, Growth, NVIDIA, Gree Electric

Rounding out the list of notable attendees was Shi Yigong, Academician of the Chinese Academy of Sciences, and President of Westlake University.

Key Points: 
  • Rounding out the list of notable attendees was Shi Yigong, Academician of the Chinese Academy of Sciences, and President of Westlake University.
  • At the event, Dr. Wang Yong, the initiator and Secretary-General of the China Brand Festival and Chairman of TopBrand Union, unveiled the TopBrand 2023 Top 500 Global Brands List.
  • In 2022, TopBrand Union made its inaugural release of the TopBrand 2023 Top 500 Global Brands List, marking a significant global perspective shift from a Chinese vantage point.
  • Additionally, the TopBrand 2023 Top 500 Chinese Brands List was unveiled during the event.

TROES Corp. Successfully Closes Pre-Series A Funding Round and Initiates Series A Financing, Demonstrating Strong Growth Potential in Energy Storage-Centered Microgrid Solutions

Retrieved on: 
Wednesday, July 12, 2023
Batteries, Sustainability, Environment, Hardware, Alternative Energy, Energy, Technology, Green Technology, Silicon, Wanxiang, JPMorgan Chase, Ecosystem, SAIC Motor, Carbon, Investment, Program on Vehicle and Mobility Innovation, Security (finance), Renewable energy

The round was led by Silicon Valley-based Mobility Innovation fund, which is managed by global leading automotive enterprises SAIC Motor and Wanxiang group.

Key Points: 
  • The round was led by Silicon Valley-based Mobility Innovation fund, which is managed by global leading automotive enterprises SAIC Motor and Wanxiang group.
  • Simultaneously, TROES is officially launching its Series A financing, with continued participation from the Pre-Series A investors.
  • This significant milestone represents a resounding vote of confidence in TROES' vision, capabilities, and growth potential.
  • The company remains committed to securing additional investments from strong capital partners who align with its long-term vision and growth objectives.

Madison Realty Capital Provides Catalfumo Companies with $340 Million Construction Loan for The Ritz-Carlton Residences, Palm Beach Gardens

Retrieved on: 
Thursday, May 4, 2023
Wanxiang, Four Seasons Hotel Miami, Season, The Related Group, Estate, Intracoastal Waterway, Marketing, Garden, Acquisition, Savanna, BH Group, Architecture, The Related Companies, Marriott International, Hotel, The Ritz-Carlton Hotel Company

"We are honored to be working with Madison Realty Capital, which has been unwaveringly supportive," said Daniel Catalfumo, Founder of Catalfumo Companies.

Key Points: 
  • "We are honored to be working with Madison Realty Capital, which has been unwaveringly supportive," said Daniel Catalfumo, Founder of Catalfumo Companies.
  • “The development of The Ritz-Carlton Residences, Palm Beach Gardens marks a significant milestone for our organization, and Catalfumo Companies is elated to contribute to the development of the surrounding community through this project.”
    Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “The Ritz-Carlton Residences, Palm Beach Gardens meets the rising demand for luxury residences in the rapidly expanding North Palm Beach real estate market.
  • Madison Realty Capital has significant experience investing in luxury condominiums and hotel branded residences across South Florida and in Palm Beach, most recently providing a $55.1 million loan to Savanna for a luxury waterfront condominium tower in West Palm Beach.
  • The Ritz-Carlton Residences, Palm Beach Gardens are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Ritz-Carlton”).

Marques McCammon Appointed President of Karma Automotive

Retrieved on: 
Monday, April 24, 2023
Japan Automotive Hall of Fame, Wanxiang, ASC, Ricardo, University, University of Michigan–Dearborn, Marketing, Automotive Hall of Fame, North Carolina A&T State University, Saleen, SRT, McCammon, History, A123 Systems, Tiger Global Management, Mercedes-Benz Group, Karma Automotive, Engineering, Intel, Marques, Transport, Chrysler, Management, Automotive industry, Aptera

IRVINE, Calif., April 24, 2023 /PRNewswire/ -- Karma Automotive, the Southern California-based manufacturer of ultra-luxury electric vehicles, has named long-time automotive executive Marques McCammon as President. McCammon most recently served as Global Managing Director for Ricardo, Inc., an international environmental, engineering and strategic transportation company.

Key Points: 
  • IRVINE, Calif., April 24, 2023 /PRNewswire/ -- Karma Automotive, the Southern California-based manufacturer of ultra-luxury electric vehicles, has named long-time automotive executive Marques McCammon as President.
  • McCammon most recently served as Global Managing Director for Ricardo, Inc., an international environmental, engineering and strategic transportation company.
  • McCammon has spent three decades in the transportation industry, specializing in product development and advanced automotive software, manufacturing, marketing, sales and strategic leadership.
  • "I told my first recruiter at Chrysler that my career goal was to run a start-up auto company," says McCammon.

Madison Realty Capital Completes $3 Billion in Transactions in 2022

Retrieved on: 
Thursday, January 26, 2023
Parakeet (communication system), SOFR, Acquisition, Commercial, Season, Wanxiang, Four Seasons Hotels and Resorts, Healthcare Real Estate Capital, Growth, The Related Companies, Four Seasons Hotel and Private Residences New Orleans, The Related Group, Financial services, Commercial property, Bank, Real estate, Property management, Hotel

Completed a total of 35 transactions and nearly $3.0 billion in total deal volume across major U.S. metropolitan and suburban markets.

Key Points: 
  • Completed a total of 35 transactions and nearly $3.0 billion in total deal volume across major U.S. metropolitan and suburban markets.
  • The firm completed approximately $1.8 billion of transactions with repeat borrowers or brokers.
  • Received a strategic minority investment from ICONIQ Investment Management to advance Madison Realty Capital’s long-term growth and success.
  • Since inception, Madison Realty Capital has closed on approximately $22 billion of transactions across more than 590 debt and equity positions in the multifamily, retail, office, industrial and hotel sectors.

DeLorean Motors Reimagined Responds to Karma Automotive Federal Lawsuit

Retrieved on: 
Wednesday, December 21, 2022
Alternative Vehicles, Fuels, Automotive Manufacturing, Manufacturing, Automotive, Engineering, IP, Wanxiang, Volkswagen Group New Small Family platform, Complaint, DeLorean Motor Company, DMC-12, Volkswagen Group, Letter, IDG, DMR, Italdesign Giugiaro, Engineering, Qi, Concours, Documentation, Management, Audi

The federal lawsuit brought by Karma Automotive (Karma) against DeLorean Motors Reimagined (DMR) and select former employees of Karma has finally reached the stage where we can publicly respond to the misguided allegations.

Key Points: 
  • The federal lawsuit brought by Karma Automotive (Karma) against DeLorean Motors Reimagined (DMR) and select former employees of Karma has finally reached the stage where we can publicly respond to the misguided allegations.
  • DMR just launched its DeLorean Alpha5 concept vehicle at the 2022 Concours d’Elegance at Pebble Beach.
  • DMR and the Alpha5 have nothing to do with the Project 88 project that forms the basis of Karma’s allegations.
  • There are two main allegations in this lawsuit:
    The individual defendants breached their fiduciary duties to Karma.

Madison Newbond Hotel Lending Platform Originates $20 Million Loan for the Balfour Hotel in Miami Beach

Retrieved on: 
Friday, September 30, 2022
Drive, Four Seasons Hotel Miami, LinkedIn, Acquisition, Season, Investment, Four Seasons Hotels and Resorts, Wanxiang, District, Commercial, The Related Companies, The Related Group, Balfour, GLOBE, Hotel, Financial services, Ocean Drive

NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Madison Newbond, the institutional lending platform of Madison Realty Capital and Newbond Holdings that provides first mortgages, mezzanine loans and preferred equity to hotel owners and developers nationwide, today announced that it has provided a $20 million loan to FullG Capitals equity sponsorship group for the acquisition of the Balfour Hotel Miami Beach (the Balfour), an independent boutique hotel located at 350 Ocean Drive in Miami Beach, Florida.

Key Points: 
  • NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Madison Newbond, the institutional lending platform of Madison Realty Capital and Newbond Holdings that provides first mortgages, mezzanine loans and preferred equity to hotel owners and developers nationwide, today announced that it has provided a $20 million loan to FullG Capitals equity sponsorship group for the acquisition of the Balfour Hotel Miami Beach (the Balfour), an independent boutique hotel located at 350 Ocean Drive in Miami Beach, Florida.
  • We are thrilled to leverage Madison Newbonds attractive financing capabilities to complete the acquisition of the Balfour.
  • Madison Realty Capital has significant experience investing in hotel and luxury condominium developments in Miami and across South Florida.
  • Madison Newbond launched in November 2021 with approximately $500 million of initial lending capacity and has plans to add scale in line with existing opportunities.

Electric Vehicle Battery Market is expected to grow at 8.5% CAGR from 2022 to 2032 - Future Market Insights, Inc.

Retrieved on: 
Thursday, September 15, 2022
Observation, Adoption, BEV, Carbon, HEV, Toshiba, BYD Company, Organization, Growth, Panasonic, Hybrid electric vehicle, Industry, EVS, Maintenance, Environment, Automotive Energy Supply Corporation, Wanxiang, LG Chem, Running, Technology, Kilowatt-hour, FMI, Electric vehicle battery, PHEV, EV, KSR International Co. v. Teleflex Inc., Johnson Controls, CAGR, Lithium, Renewable energy, Taxicab, Airline, EnerSys

NEWARK, Del., Sept. 15, 2022 /PRNewswire/ -- The global electric vehicle battery market is anticipated to reach a valuation of US$ 18.09 Bn in 2032, with the market growing at a positive CAGR of 8.5% over the forecast period of 2022 to 2032. Scaling up from an estimated US$ 8.68 Bn in 2022, the electric vehicle market is driven by technological advancements, the growing usage of lithium-ion batteries, and increasing fuel prices. A surge in the sales of hybrid/ electric vehicles also augment the market growth of electric vehicle batteries during this period.

Key Points: 
  • Expanding Electric Vehicle (E-Vehicle) Sector Presents Opportunity worth US$ 18.09 Bn for Electric Vehicle Battery by 2032.
  • The dominance of HEV over PHEV and BEV in the electric vehicle market makes them the prominent market for electric vehicle battery.
  • NEWARK, Del., Sept. 15, 2022 /PRNewswire/ -- The global electric vehicle battery market is anticipated to reach a valuation of US$ 18.09 Bn in 2032, with the market growing at a positive CAGR of 8.5% over the forecast period of 2022 to 2032.
  • A surge in the sales of hybrid/ electric vehicles also augment the market growth of electric vehicle batteries during this period.