NEV

Himax Commences World’s First Mass Production of LTDI Automotive Display Solution for NEVs

Retrieved on: 
Wednesday, October 11, 2023

LTDI design is particularly suitable for prevailing NEVs, known for their stylish smart cabins that feature large-sized display, panoramic view, free-form, curved design and in-cell touch functions.

Key Points: 
  • LTDI design is particularly suitable for prevailing NEVs, known for their stylish smart cabins that feature large-sized display, panoramic view, free-form, curved design and in-cell touch functions.
  • The Company has received a proliferation of inquiries regarding its LTDI solution which is now universally adopted by panel makers across the board.
  • With the introduction of innovative display technology, car manufacturers have redefined the functionality of dashboards and central consoles, transforming them into an integrated, panoramic cockpit display with touch features.
  • Complies with leading automotive standards: Conforms to automotive AEC-Q100 reliability specifications and the latest automotive ISO 26262 functional safety requirements.

The OMODA & JAECOO International User Summit has successfully concluded, ushering in a new era of green and intelligent travel

Retrieved on: 
Monday, October 16, 2023

On October 17, OMODA & JAECOO marked a significant milestone by completing a charitable agreement with the International Union for Conservation of Nature (IUCN).

Key Points: 
  • On October 17, OMODA & JAECOO marked a significant milestone by completing a charitable agreement with the International Union for Conservation of Nature (IUCN).
  • This ceremony signifies OMODA & JAECOO's dedication to shaping a green future guided by environmental, social, and governance (ESG) principles.
  • Following this signing, OMODA & JAECOO organized a mass cycling event, promoting the principles of low-carbon and green travel.
  • The OMODA & JAECOO International User Summit 2023 represents a solid step toward green smart mobility, injecting new vitality and impetus into the global green travel industry.

NWTN's New Energy Vehicle Rabdan One Officially Recognized with "Made in the Emirates" Mark

Retrieved on: 
Monday, October 9, 2023

The first three characters of the Vehicle Identification Number ("VIN") make up the WMI.

Key Points: 
  • The first three characters of the Vehicle Identification Number ("VIN") make up the WMI.
  • These characters reflect the manufacturer and identify the country of manufacture, and ultimately set NWTN as an automaker apart from other manufacturers.
  • As a result, NWTN can now label its products as "Made in the Emirates" – Rabdan One being the first new energy vehicle with this mark in the UAE.
  • The "Made in the Emirates" mark was launched by the MoIAT as a new quality mark for UAE-made products.

SunCar Technology Group Inc. Announces First Half Year 2023 Results

Retrieved on: 
Thursday, September 28, 2023

NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China, today announced its unaudited financial results for the six months ended June 30, 2023.

Key Points: 
  • NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China, today announced its unaudited financial results for the six months ended June 30, 2023.
  • Six months ended June 30, 2023 Financial Highlights
    Total revenues increased by 28% to $159.4 million from $124.7 million for the same period ended June 30, 2022.
  • Mr. Ye Zaichang, Chairman & CEO of SunCar, commented, “We are pleased to report our financial results for the first half of the year 2023.
  • Revenue from technology service in the six months ended June 2023 increased by 132% to $12.9 million from $5.5 million in the same period ended June 30, 2022.

Cheche Group Inc. and Prime Impact Complete Business Combination

Retrieved on: 
Monday, September 18, 2023

BEIJING and SAN JOSE, Calif., Sept. 18, 2023 /PRNewswire/ -- Cheche Group Inc. ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced the completion of a previously announced business combination (the "Business Combination") with Prime Impact Acquisition I ("Prime Impact") on September 14, 2023.

Key Points: 
  • BEIJING and SAN JOSE, Calif., Sept. 18, 2023 /PRNewswire/ -- Cheche Group Inc. ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced the completion of a previously announced business combination (the "Business Combination") with Prime Impact Acquisition I ("Prime Impact") on September 14, 2023.
  • The announcement of the completion of the Business Combination comes after Prime Impact's shareholders voted to approve the transaction on September 12, 2023 and all remaining closing conditions were met.
  • "We are pleased to announce the completion of our Business Combination with Cheche and are very excited about the Company's future as an innovative technology leader," said Mark Long, Co-Founder, Co-CEO, and CFO of Prime Impact.
  • In addition, Prime Impact Cayman, LLC (the "Sponsor") subscripted for 634,228 Class A ordinary shares of Cheche at $10.00 per share in settlement of the Sponsor's obligations with respect to the payment of certain Prime Impact transaction expenses in connection with the Business Combination.

GWM Achieves Record-Breaking Overseas Sales in August

Retrieved on: 
Wednesday, September 6, 2023

Baoding, China--(Newsfile Corp. - September 6, 2023) - On 5th September, GWM reported global sales figures for August, with a total of 114,096 vehicles sold worldwide.

Key Points: 
  • Baoding, China--(Newsfile Corp. - September 6, 2023) - On 5th September, GWM reported global sales figures for August, with a total of 114,096 vehicles sold worldwide.
  • Overseas sales reached a record-breaking 30,741 units, constituting nearly 27% of the total sales and witnessing a remarkable YoY growth of 99.95%.
  • The GWM TANK500 also achieved remarkable sales in the Middle East, significantly enhancing overseas sales.
  • These sales lead in niche markets and are a crucial factor in the overall sales growth.

GWM Achieves Record-Breaking Overseas Sales in August

Retrieved on: 
Wednesday, September 6, 2023

BAODING, China, Sept. 6, 2023 /PRNewswire/ -- On 5th September, GWM reported global sales figures for August, with a total of 114,096 vehicles sold worldwide.

Key Points: 
  • BAODING, China, Sept. 6, 2023 /PRNewswire/ -- On 5th September, GWM reported global sales figures for August, with a total of 114,096 vehicles sold worldwide.
  • Overseas sales reached a record-breaking 30,741 units, constituting nearly 27% of the total sales and witnessing a remarkable YoY growth of 99.95%.
  • The GWM TANK500 also achieved remarkable sales in the Middle East, significantly enhancing overseas sales.
  • These sales lead in niche markets and are a crucial factor in the overall sales growth.

BYD Closes in on Tesla in Q2 BEV Sales, With Surges Noted in Thailand and Australia, Says TrendForce

Retrieved on: 
Thursday, August 17, 2023

In Q2, BEVs alone posted sales of 2.151 million units, marking 39.3% growth YoY.

Key Points: 
  • In Q2, BEVs alone posted sales of 2.151 million units, marking 39.3% growth YoY.
  • While Tesla maintains the lead with a market share of 21.7%, BYD trails closely behind with a boosted share of 16.2%.
  • The top 10 BEV brands in Q2 remained fairly consistent with Q1, with only a minor shuffling in ranks.
  • Both nations exceeded 35,000 units in sales in 1H23, with Thailand quadrupling its 2022 figures and Australia experiencing a fivefold increase.

Collective Metals Discusses Geophysical Results for its Princeton Copper Project

Retrieved on: 
Thursday, August 10, 2023

VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) is pleased to discuss geophysical results acquired by a previous operator and implications for its Princeton Project in southwest British Columbia (the “Flagship Project” or the “Project”).

Key Points: 
  • VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) is pleased to discuss geophysical results acquired by a previous operator and implications for its Princeton Project in southwest British Columbia (the “Flagship Project” or the “Project”).
  • Kodiak Copper has demonstrated the benefit and cost effectiveness of 3D IP surveys in identifying and delineating new subsurface targets associated with their project.
  • Chris Huggins, Chief Executive Officer of Collective, commented, “The results of the Geophysical data provide great insights and allows Collective to compare the Princeton Project’s geophysics to Kodiak’s and Copper Mountain’s.
  • Geo., who is acting as the Company’s Qualified Person for the Princeton Property project, in accordance with regulations under NI 43-101.

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

Retrieved on: 
Thursday, August 10, 2023

TAINAN, Taiwan, Aug. 10, 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 second quarter 2023 ended June 30, 2023.

Key Points: 
  • Himax net revenues registered $235.0 million, a decrease of 3.8% sequentially, yet at the upper end of guidance range.
  • Automotive driver business was still Himax’s largest revenue contributor with around 30% of total sales in the second quarter.
  • Second quarter revenues from its non-driver business exceeded guidance with revenue of $39.3 million, up 7.9% from a quarter ago.
  • Operating expenses for the second quarter were $53.2 million, an increase of 4.3% from the previous quarter and 1.2% from a year ago.