NEV | Jotup

GWM Brand Strategy Unveiling in the Middle East at Riyadh Motor Show

Retrieved on:

Thursday, December 14, 2023

NEV, Great Wall Motor, GWM, HAVAL, Plug-in, GO, ORA

RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ -- Great Wall Motor (GWM) made a resounding impact at the Riyadh Motor Show with the unveiling of its brand strategy in the Middle East.

Key Points:

RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ -- Great Wall Motor (GWM) made a resounding impact at the Riyadh Motor Show with the unveiling of its brand strategy in the Middle East.
Echoing GWM vision, "GO LONG, GO GLOCAL," GWM presented a dazzling array of star new energy vehicle models from its HAVAL, TANK, ORA, and GWM Pickup badges.
During the GWM brand strategy unveiling, Mr. Parker Shi, Head of GWM International, meticulously outlined the company's unique approach to integrating globalization and localization, emphasizing a commitment to an internationalization process aimed at elevating global market competitiveness.
With an impressive 26-year history deeply embedded in the Middle East market, the unveiled strategy positions "ONE GWM" as a catalyst for extending the reach and focus of the GWM brand in the Middle East, promising a more unified and efficient brand image to offer consistent quality experience for consumers.

DST Raises US$80 Million in Latest Round of Financing

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Monday, December 11, 2023

Dark, NEV, S&P Global, Carbon, Shades of Green, Investment, NEVS, DST, Cicero, Growth, SF Express, Environment, ESG, Renewable energy

SHENZHEN, China, Dec. 11, 2023 /PRNewswire/ -- DST, China's leading new energy vehicle ("NEV") fleet management company, today announced the completion of a US$ 80 million round of financing, led by a globally renowned growth fund as well as several existing shareholders. This investment will fuel further investments in R&D and, more specifically, its real-time computational analytics. These technologies are key to enhancing DST's digitalized fleet management capabilities and helping to efficiently and effectively expand and manage the increased scale of the company's NEVs for logistics fleet in China.

Key Points:

DST has long been the go-to partner for logistics companies like SF Express, JD Logistics, and other well-known clients from various industries.
DST's clients desire to lower their total cost of vehicle ownership, maximize operational efficiencies, and streamline their logistics schedules.
DST is not just a company; it's a catalyst for change and a beacon of excellence in this transformative era for logistics and fleet management.
DST's future vision is centered on innovation, efficiency, and collaboration, driving the growth of the entire industry ecosystem and enhancing value for all stakeholders.

Global Times: Xi's inspection tour elevates Shanghai's leading role in high-quality development

Retrieved on:

Tuesday, December 5, 2023

Such a focus from the top leader paints a clear picture of China's long-term development priorities and the path to Chinese modernization, they noted.

Key Points:

Such a focus from the top leader paints a clear picture of China's long-term development priorities and the path to Chinese modernization, they noted.
He also urged Shanghai to accelerate building itself into a modern, socialist and international metropolis with global influence, and play a leading and exemplary role in advancing Chinese modernization, according to Xinhua.
The top leader's trip and important remarks have boosted confidence of local officials and businesses in pursuing high-quality development in various areas.
What the top leader focused on during the inspection tour also carries national significance, given Shanghai's leading and exemplary role in China's overall economic development, experts noted.

VIVID EV Set to Unveil its Latest NEV, Anthem, at the PGA Show in Orlando, Florida

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Monday, December 4, 2023

VIVID, EV, Carbon footprint, Fireworks, NEV, Anthem

"We're excited to introduce the Anthem as our newest line of neighborhood electric vehicle at the PGA Show in Orlando," said VIVID EV CMO, Brett McNeilly.

Key Points:

"We're excited to introduce the Anthem as our newest line of neighborhood electric vehicle at the PGA Show in Orlando," said VIVID EV CMO, Brett McNeilly.
"Our team has worked tirelessly to ensure that the Anthem embodies all that VIVID EV stands for: innovative design, reliable performance, and sustainability.
The VIVID EV booth at the PGA Show will give dealers the opportunity to experience the Anthem and other VIVID EV vehicles' first-hand.
For more information about VIVID EV, visit www.vivid-ev.com or follow VIVID EV on Instagram, Facebook, and Youtube.

Himax Technologies, Inc. Reports Third Quarter 2023 Financial Results; Provides Fourth Quarter 2023 Guidance

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Thursday, November 9, 2023

VR, Public expenditure, Digi-Key, Partnership, CPU, CMOS, OLED, AP, AI, WLO, 3D, RGB, Smartphone, LCD, Prevalence, Quarter, TFT, Maintenance, Tablet, IC, Ecosystem, NEVS, Imagination, Traction, Hand, CNN, AMOLED, RSU, GM, Skeleton, HUD, Liquid crystal on silicon, SI, Artificial intelligence of things, TFT LCD, Notebook, Growth, DSO, ADS, Society for Information Display, Television, Electronics, Policy, OPEX, NEV, AR, Arms industry, Pharmaceutical industry, Fine chemical, Video game, Self storage, Mobile phone, Q2, Himax, Tcon, Q3

TAINAN, Taiwan, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, announced its financial results for the third quarter 2023 ended September 30, 2023.

Key Points:

Gross margin came in at 31.4%, a substantial increase from 21.7% of last quarter, and at the upper end of guidance range of 30.5% to 32.0%.
Q3 profit per diluted ADS was 6.4 cents, exceeding the guidance range of 1.5 cents to 6.0 cents.
Large panel driver IC sales accounted for 18.3% of total revenues for this quarter, compared to 19.3% last quarter and a year ago.
In the third quarter, the automotive business remained Himax’s largest revenue contributor, accounting for nearly 45% of total sales.

EQS-News: GRAMMER AG On Track After First Nine Months 2023

Retrieved on:

Tuesday, November 7, 2023

Tax, Commercial vehicle, NEV, Original equipment manufacturer, EBIT, Growth, Supervisory board, COVID-19, Plug-in, Plant, EUR, CFO, Ursensollen, Semiconductor, Video game, Drug, AMERICAS

Grammer Group earnings before interest and taxes (EBIT) increased significantly in the first three quarters of 2023 to EUR 30.5 million (01–09 2022: EUR 2.5 million).

Key Points:

Grammer Group earnings before interest and taxes (EBIT) increased significantly in the first three quarters of 2023 to EUR 30.5 million (01–09 2022: EUR 2.5 million).
In APAC, revenue increased sharply by 25.0% to EUR 382.4 million in the first nine months of 2023 (01–09 2022: EUR 305.8 million).
Revenue in AMERICAS decreased slightly by 3.2% to EUR 476.4 million in the first nine months of 2023 (01–09 2022: EUR 492.4 million).
Jurate Keblyte, CFO of GRAMMER AG: “After the first nine months of 2023 we are on track despite market headwinds and our earnings are far higher than in the previous year.

Corman Leigh Companies Announces Sales Launch of First Community at The Havens in Bonsall

Retrieved on:

Monday, October 30, 2023

SoCal-based builder Corman Leigh Companies announced today that construction is underway for its newest neighborhood, Provence at The Havens .

Key Points:

SoCal-based builder Corman Leigh Companies announced today that construction is underway for its newest neighborhood, Provence at The Havens .
Provence is the first collection of all-electric residences at The Havens , a European-influenced, resort-style, wellness-focused gated community with 250 acres of open space.
“The Havens is so much more than a new address—it’s an exquisite destination,” said Daniel Leigh, founder of Corman Leigh Companies .
“In partnership with The Havens Country Club, our goal with The Havens was to integrate a greater community focused on healthy, purposeful living,” said Mr. Havens.

SunCar Technology Group Inc. Releases Version 7.9.0 of its Insurance System

Retrieved on:

Thursday, November 2, 2023

BYD, Geely Auto, Insurance, Minor planet, Nio, NEV, Online shopping

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar", "we", or the "Company") (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation services in China, announced the release of its latest version of its cutting-edge digital insurance system, Version 7.9.0. This significant update reflects the Company's commitment to staying at the forefront of the evolving auto insurance industry. Version 7.9.0 is currently being deployed by 18 leading new energy vehicle (NEV) companies, including Geely Auto, BYD, Nio, Xiaopeng, Nio, Li Auto, and Seres.

Key Points:

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar", "we", or the "Company") (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation services in China, announced the release of its latest version of its cutting-edge digital insurance system, Version 7.9.0.
This significant update reflects the Company's commitment to staying at the forefront of the evolving auto insurance industry.
Our system can now classify insurance image data by leveraging advanced image recognition technology, facilitating automatic storage and intelligent matching in real-world application scenarios.
Mr. YE Zaichang, Chairman and CEO of SunCar, commented, "I am proud of our team's relentless efforts in bringing forth the 7.9.0 version of our insurance system.

Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor’s Global Electric Vehicle Business

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Friday, October 27, 2023

Sale, EV, NEV, Carbon, Dare, BEV, Cell, Plant, Partnership, NEVS, Freedom, AOI, Net, EVS, Fine chemical, Leapmotor, Stellantis

€1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder.

Key Points:

€1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder.
This will be an industry-first global electric vehicle relationship between a leading automaker and a Chinese pure-play NEV OEM.
In 2022, Stellantis shipped over 6 million vehicles with Net revenues of €179.5 billion and Net profit of €16.8 billion.
In parallel to this strategic move, Stellantis remains committed to its asset-light business model for its foreign brands in China.

Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor’s Global Electric Vehicle Business

Retrieved on:

Thursday, October 26, 2023

Sale, EV, NEV, Carbon, Dare, BEV, Cell, Plant, Partnership, Freedom, AOI, Net, EVS, Management, Airline, Leapmotor, Stellantis

€1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder.

Key Points:

€1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder.
This will be an industry-first global electric vehicle relationship between a leading automaker and a Chinese pure-play NEV OEM.
In 2022, Stellantis shipped over 6 million vehicles with Net revenues of €179.5 billion and Net profit of €16.8 billion.
In parallel to this strategic move, Stellantis remains committed to its asset-light business model for its foreign brands in China.