ACROFAN

XCMG's Unmanned Road Construction Fleet, the Largest Scale Globally, Completes National Highway Maintenance Project

Weidai Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price on August 31, 2021

Hyundai Motor Group Appoints Andrew Roberts as Vice President, Head of Global PR

REE Automotive and Hino Win European Product Design Award for Top Design for Society

EVLOMO proceeding with 8 GWH Lithium battery plant slated for construction in Q1 2022 at CPGC, Rayong | EVLOMO & Rojana have parted ways

Five Strong Organizations Rebranded to form Teijin Automotive Technologies

Autoliv's Research Advisory Board accelerates insights in automotive safety and new safety solutions for mobility and society

TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee

Baidu-Backed DeepWay Unveils Smart New Energy Heavy-Duty Truck to Automate Road Freight

Keep charging, stop changing: Crown presents its new V-Force lithium-ion technology

AUCKLAND, New Zealand, Sept. 17, 2021 /PRNewswire/ -- Crown Equipment Corporation, one of the world's largest material handling companies, has launched its own V-Force® branded solutions for customers seeking to improve battery electric forklift performance by using lithium-ion technology. Crown's V-Force Energy Storage Systems (ESS) include lithium-ion batteries and chargers and are now available for Crown's entire forklift truck portfolio. Keep charging, stop changing: Crown presents its new V-Force lithium-ion technology For fleet managers, the ability to rely on one trusted supplier for both forklift trucks and battery technology is essential. To provide customers with a top-quality, single-source service dedicated to lithium-ion technology, Crown has now launched its own V-Force batteries and chargers. The whole system is backed by Crown's comprehensive service and support network. Highly qualified service technicians visit customers' premises to help ensure forklifts, chargers and batteries are in proper operating condition. "V-Force lithium-ion batteries last up to three times longer than lead-acid batteries; they also offer faster charging, opportunity charging top-ups and longer run times," explained Henry Larsen, Motive Power Product Manager and Technology Solutions at Crown. "The batteries charge and discharge more efficiently and deliver sustained high performance throughout their charge. Because you can recharge the batteries whenever you like, you can extend your forklift uptime over a 24-hour period. This means you can use them for one or more shifts without having to swap batteries." Lithium-ion systems offer considerable advantages over lead-acid batteries, especially in multi-shift operation. Routine battery maintenance is no longer necessary, and batteries no longer need to be changed or watered. Because lithium-ion batteries do not produce emissions while recharging, separate battery-charging rooms are no longer required. In short, the batteries' increased efficiency and lower service costs over time result in significant advantages for customers. Crown V-Force batteries comply with New Zealand standards AS IEC 62619 for use in industrial applications. Crown's V-Force batteries are designed to meet international automotive standards and locally adopted industrial standards in terms of extreme safety and ease of use, thus offering more capabilities than many other lithium-ion batteries on the market. Fitted with multiple redundant safety systems, each battery features a multi-level safety architecture incorporating, for example, a variety of fuses plus individual-cell temperature and voltage monitoring. Safety systems built into the battery help protect against overheating, short circuits, overcharging or deep discharging. Even better, various active protection functions prevent operator errors from damaging the battery. The right choice for your battery-charging needs: Crown's V-Force charger Crown's V-Force V-HFM3 Series high-frequency chargers deliver the power your lithium-ion energy storage system needs. The performance of the Crown chargers is excellent thanks to the fast charging process. V-Force chargers use high-frequency technology to achieve charging rates of up to 1C. This means they can fully charge batteries with capacities of up to 400 Ah in less than 60 minutes by delivering a steady charging current of up to 400 A. These figures are among the best in the industry. The user-friendly chargers can handle battery voltages ranging from 24 to 96 volts for the V-HFM3. To detect each battery's voltage class automatically and charge the battery without requiring manual presets, the charger communicates directly with the battery management system via the CAN bus. During the charging process, a large, informative user interface displays an exceptionally clear overview of the battery's charging and operating status. About Crown Equipment Corporation Crown is one of the world's largest material handling companies with a reputation for award-winning product design, advanced engineering and technology, and superior after-sale service. Crown's business philosophy utilises vertically integrated processes to design, manufacture and distribute forward-thinking, innovative solutions that improve customers' productivity and operating efficiency. Crown produces a broad range of forklifts as well as automation and fleet management technologies. The company's global headquarters is located in New Bremen, Ohio, USA, with regional headquarters in Australia, China, Germany and Singapore. Its employees number more than 15,100 worldwide. Crown operates a service and distribution network that exceeds 500 retail locations in over 80 countries. To learn more about Crown's ideas for helping customers advance the productivity of their operations, visit crown.com.

3M's Global Bonding Process Centers Help Customers Realize Their Automation Aspirations

3M Bonding Process Centers help manufacturers optimize business outcomes and sustainability goals ST. PAUL, Minn., Sept. 17, 2021 /PRNewswire/ -- 3M (NYSE:MMM) Industrial Adhesives and Tapes Division is evolving its Bonding Process Centers in St. Paul, USA; Neuss, Germany; and Shanghai, China. Against the backdrop of a growing trend toward automation in manufacturing, the 3M Bonding Process Centers provide a starting point from which to design and plan automated bonding solutions. Bonding Process Center Neuss The 3M Bonding Process Centers are designed to help identify customized process solutions to complex bonding challenges and now enable customers to also virtually access the centers for consultations and live demos. Formerly known as the Global Adhesives Solutions Lab, the 3M Bonding Process Centers connect customers with local 3M experts, facilitating a partnership that solves problems and optimizes processes. To mark this evolution, 3M engineers and experts are offering virtual consultations with customers and prospects from 3M Bonding Process Centers in all three locations. These sessions highlight how the company's growing capabilities can be applied to increase positive business outcomes for manufacturing and assembly businesses. "We are delighted to share more about our state-of-the-art Bonding Process Center offerings in three locations around the globe. These facilities are focused on helping our customers solve their most important problems," said Taylor Harper, Global Business Development Director at 3M. "At 3M, we continue to build our global automation and data science expertise, as part of our commitment to support our customers during every stage of their automation journey. Our technologies, knowledge, and highly customized solutions enable manufacturers to realize business benefits that range from higher levels of productivity to significant reductions in cost. We look forward to supporting our customers as they explore integrating more and more automation into their manufacturing processes to help them achieve their overall goals," added Harper. The primary benefits of automation include improvements in productivity, quality, safety, and reductions in unit cost and reliance on labor. These benefits are becoming increasingly apparent, with recent figures showing the global industrial control and factory automation market size is expected to grow from $133.1 billion in 2021 to $197.8 billion by 2026.1 "Whether customers are interested in testing the latest innovations in dispensing and automation or are simply looking for a better tape or adhesive to bond their parts together, our scientists and engineers will work with them to identify, tailor and design custom solutions to their production challenges," said Harper. The Bonding Process Center allows customers to find the optimal combination to meet their production needs and business outcomes, either by engaging in an interactive, remote visit, or an in-person experience. 3M experts are on hand to experiment with different types of tapes and adhesives, and dispensing options that range from powered manual dispensers to fully programmable machinery, to find the right solution for each customer. Additionally, the centers are accustomed to all assembly types, ranging from large surfaces to small joints and encapsulating, and offer metered 1- and 2-part dispensing, automated tape dispensing, hot melt technologies, and more. "Most problems have more than one solution, and our BPC experts help customers choose the best ones for their circumstances, through one-on-one consultations on process development and improvement, opportunities to test a variety of equipment, and follow-up support beyond customers' visits to the center. We look forward to welcoming customers to all of our Bonding Process Center locations," added Harper. As a 32 billion U.S. dollar organization, 3M invests 6% of its revenue in research and development, and the Bonding Process Center is an example of how investment into future-forward solutions can contribute to manufacturers' business growth and development. Learn more about the 3M Bonding Process Center and schedule an appointment by visiting the Bonding and Assembly Resources webpage, which can be found "here". About 3MAt 3M, we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @3M or @3MNews. 1 Research and Markets, Global Industrial Control & Factory Automation Market by Solution (SCADA, PLC, DCS, MES, Industrial Safety, PAM), Component (Industrial Robots, Industrial 3D Printing, Process Analyzer, Machine Vision, HMI), Industry, Region - Forecast to 2026 (2021) Bonding Process Center Shanghai Bonding Process Center St. Paul Related Links :http://www.3m.com

Designing the Digital Future at Porsche with Executives Mattias Ulbrich and Dr. Oliver Seifert Top Highlight at the 2021 Global SAFe® Summit

Attendees of the online 2021 Global SAFe Summit will learn how one of the world's most iconic automakers is reimagining the sports car of the future and transforming into a digital-first pacesetter with SAFe BOULDER, Colo., Sept. 17, 2021 /PRNewswire/ -- Scaled Agile, Inc., provider of SAFe®, the world's leading framework for business agility, is pleased to announce that two Porsche executives will be customer keynote speakers at the online 2021 Global SAFe Summit. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=" jwplayer('myplayer1').setup({file: 'https://mma.prnasia.com/media2/1627956/SAFe_SUMMIT21_Porsche.mp4', image: 'http://www.prnasia.com/video_capture/3509790_AE09790_1.jpg', autostart:'false', aspectratio: '16:9', stretching : 'fill', width: '600', height: '338'}); In their keynote, Designing the Digital Future at Porsche, Mattias Ulbrich, chief information officer of Porsche AG and CEO of Porsche Digital, and Dr. Oliver Seifert, vice president R&D Electric/Electronics of Porsche AG, join Scaled Agile CMO Michael Clarkin for a candid discussion about their digital transformation journey. Focused on making their sports cars a central element of their buyers' lifestyle through digitalization, connectivity, and electromobility, they will discuss how Porsche is moving at top speed to meet the evolving needs of their customers, how they are leveraging SAFe, and how the worlds of vehicle engineering and IT came together to reimagine the sports car of the future. The Porsche story continues later in the program with Jan Burchhardt, director digital transformation, and Alena Keck, senior manager and enterprise lean-agile coach. Burchhardt and Keck will present, Driven by Dreams: The Porsche Lean-Agile Transformation Journey, where they will describe building Porsche's Digital Product Organization, share critical success factors, and explain why the transformation heartbeat, "Porsche Takt," is essential to their journey. The two-day event—to be held online September 27 – October 1, 2021, in three time zones—represents the world's largest convergence of SAFe professionals and industry thought leaders focused on accelerating digital transformation and competing in a fast-evolving marketplace. Registration includes both live event access and 60 days of on-demand access. Details and the full agenda can be found at global.safesummit.com. About Scaled Agile, Inc.: Scaled Agile, Inc., is the provider of SAFe®, the world's leading framework for business agility. Through learning and certification, a global partner network, and a growing community of over 800,000 trained professionals, Scaled Agile helps enterprises build agility into their culture so they can quickly identify and deliver customer value, capitalize on emerging opportunities, and improve business outcomes. Learn more at scaledagile.com. The two-day 2021 Global SAFe Summit will be online in three time zones, Americas, Europe, and Asia Related Links :http://www.scaledagile.com

XCMG Makes Debut at MINExpo 2021, Announces Plans to Open Service Center in Southeastern Region of United States

LAS VEGAS, Sept. 16, 2021 /PRNewswire/ -- XCMG ("the Company", 000425.SZ) made its debut at MINExpo 2021 on September 13 in Las Vegas and released three all-new products customized for the American market. To further expand its scope of mining machinery services in the North American market, XCMG also announced plans to establish a new service center in Florida to cover the U.S. southeastern region during the world's largest mining event. "The exhibition at MINExpo 2021 brought us valuable opportunities for communication and exchanges with our partners in the North American market. XCMG North America was officially founded in 2015 and we now have three office locations in Minneapolis, Las Vegas and Houston, two spare parts warehouses and service centers in Las Vegas and Houston, and more than 20 local employees," said Xie Bin, CEO of XCMG North America Corp. XCMG will further strengthen its overall service capacity in the country: XCMG plans to complete the coverage of spare parts service support in western and central eastern regions of the U.S., increasing spare parts support. XCMG North America will continue to build localized after-sales service teams and has signed a service agreement with US based service company to support main models. With this partnership team, XCMG aims to provide technical support and a three-in-one after-sales service guarantee system in the U.S. XCMG will also take advantage of Schwing America to bolster local technical support and spare parts service assurance. XCMG has established the North America R&D Center in Chicago to coordinate local product R&D. The Company now sells excavators, rollers, graders, loaders, cranes, and aerial work platform products in the U.S. and through continuous efforts, its products have been widely recognized by local customers. Additionally, XCMG is cooperating with leading rental companies in the U.S. to provide extensive services. In 2015, XCMG signed a three-year contract with a leading U.S. rental company, to deliver nearly 1,000 units of equipment which has almost been completed. The customer spoke highly of XCMG's products, localized services and spare parts supply and they have also provided localization improvement suggestions that further improve the performance of XCMG products. For more information, please visit www.xcmg.com. Related Links :http://www.xcmg.com

Luokung Announces eMapgo Signs Cooperation Agreement with Microsoft for Launch of Autonomous Driving Services

BEIJING, Sept. 16, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced that its operating affiliate eMapgo Technology (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has signed a cooperation agreement with Microsoft to launch autonomous driving services for automakers. Under the terms of the agreement, EMG will work with Microsoft to provide auto manufacturers with services including the collection, storage, analysis, management and simulation testing of autonomous driving data, to assist automakers in the rapid implementation of autonomous driving technologies in China. EMG anticipates continuing to work with Microsoft to provide these data services when large-scale commercialization of autonomous driving takes place. Through this relationship, EMG and Microsoft plan to use their expertise in each of their respective fields to form a close cooperation that addresses the market opportunities presented by autonomous driving in China, creating an automobile industry solution designed for the Chinese market. EMG has already obtained service contracts from a European car manufacturer and a U.S. car manufacturer. These contracts are expected to be implemented in the coming months. Mr. Xuesong Song, Chairman and CEO, stated, "As the demand for flexible computing continues to expand, China's autonomous driving data service market shows significant room for growth. We believe EMG's core competencies in LBS and HD Maps are an ideal fit with Microsoft's considerable advantages in areas of cutting-edge technology such as cloud computing, artificial intelligence, elastic computing, and mixed reality. We are pleased to deepen our existing relationship with Microsoft in this effort to promote the development of safe and intelligent autonomous driving in China." About Luokung Technology Corp. Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS and HD Maps for various industries in China. Backed by its proprietary technologies and expertise in HD Maps and related intelligent spatial-temporal big data, Luokung established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including autonomous driving, vehicle-road collaboration (V2X), smart transportation, smart travel, local business LBS, new infrastructure, smart cities, and smart industries (emergency, natural resources, environmental protection, water conservancy, energy, smart training, among others). The Company routinely provides important updates on its website: www.luokung.com/en. ABOUT EMAPGO eMapgo, a variable interest entity ("VIE") of Luokung, is a leading provider of navigation and electronic map services in China, as well as a leading provider in Internet map services, geographic information system engineering and other A-level mapping qualifications. EMG possesses the National Class-A qualification certificates of navigable Surveying and Mapping, and actively develops autonomous driving and HD Map services. In March 2021, Luokung closed on the acquisition of EMG through the purchase of the equity interests of Saleya Holdings Limited, which, through a series of contracts between its wholly-owned subsidiary DMG Infotech Co., Ltd. and EMG, made EMG Luokung's VIE. For more information, please visit EMG's website: www.emapgo.com.cn. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding our or our management's expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "may", "might", "plan", "probable", "potential", "should", "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination and analysis of the existing law, rules and regulations and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you the statement herein will be accurate. As a result, you are cautioned not to rely on any forward-looking statements. CONTACT: The Company:Mr. Jay YuChief Financial OfficerTel: +86-10-5327-4727Email: ir@luokung.com Investor Relations:Adam PriorSenior Vice President The Equity Group Inc.Tel: 212-836-9606 Email: aprior@equityny.comRelated Links :http://www.luokung.com

Luokung Announces eMapgo Signs Cooperation Agreement with Microsoft for Launch of Autonomous Driving Services

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for August 2021

CHENGDU, China, Sept. 15, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of August 2021. In August 2021, Senmiao's platform reported 530,000 completed orders, compared to approximately 1.7 million in July 2021. The decrease was a result of a new contract entered by the Company and Shanghai Lutuan Technology, an affiliate of Meituan (HK: 3690), China's leading e-commerce platform for services, as announced in a press release on September 14, 2021. According to this new cooperation agreement, online ride-hailing requests and orders will be completed on Meituan's platform ("the major platform") utilizing Senmiao's network of cars and drivers for a set monthly fee. In August 2021, Senmiao leased cars and provided related services to approximately 1,200 drivers in Chengdu who operated their online ride-hailing businesses through the major platform under the new partnership model. Senmiao also began its services with Gaode Maps in Guangzhou, reporting over 55,000 completed orders and nearly 48,000 newly registered drivers in the city for the month. Since the launch of Senmiao's online ride-hailing platform in Chengdu (October 2020), Changsha (December 2020), Neijiang (January 2021), Guangzhou (March 2021), and Nanchong and Panzhihua (June 2021), approximately 12.7 million rides have been completed using its platform. With the cooperation agreement between the Company and Meituan, the number of completed orders is no longer the most relevant metric of the Company's business performance. Senmiao will provide updates on the number of newly registered drivers each month in addition to previously provided metrics to offer additional insight into the business' progress. The table below presents approximate unaudited operating metrics of Senmiao's online ride-hailing platform since its launch in October 2020. Completed Orders (in thousands) Total Fares Paid by Riders ($ in thousands USD) Newly Registered Drivers Active Drivers October 2020 161 531 1,800 November 2020 537 1,646 3,400 December 2020 620 1,862 5,000 January 2021 910 2,626 8,300 February 2021 710 2,164 7,000 March 2021 1,540 4,492 6,000 11,500 April 2021 1,790 5,332 11,100 16,500 May 2021 2,154 6,376 6,600 18,000 June 2021 2,068 6,193 6,700 18,500 July 2021 1,659 4,864 16,200 16,400 August 2021 530 1,680 49,500 6,073 Cumulative 12,679 37,766 N/A N/A About Senmiao Technology Limited Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao's areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com. Senmiao routinely provides important updates on its website. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao's ride-hailing platform) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao's filings with the SEC, and represent Senmiao's views only as of the date they are made and should not be relied upon as representing Senmiao's views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. For more information, please contact: At the Company: Yiye ZhouEmail: edom333@ihongsen.com Phone: +86 28 6155 4399 Investor Relations: The Equity Group Inc. Carolyne Sohn, Vice President+1 415-568-2255csohn@equityny.com In ChinaLucy Ma, Associate+86 10 5661 7012lma@equityny.com © 2021 Senmiao Technology Ltd. All rights reserved. Related Links :http://www.senmiaotech.com

Jiangsu YKC New Energy Technology Completes Series B2 Financing

The company has received investment from CATL and NIO CapitalNANJING, China, Sept. 16, 2021 /PRNewswire/ -- Jiangsu YKC New Energy Technology Co., Ltd. (YKC), China's leading renewable energy IoT service provider, has formally announced the completion of its Series B2 financing with investment from NIO Capital. Investment for the company's Series B1 and Series A rounds came from CATL and GLP, respectively. From a world leading logistics provider and power battery giant, to top-of-the-line car maker, YKC's rapid development benefited from the booming electric vehicle (EV) market and related support facilities in China. YKC platform-based charging stations Expanding market: China's EV market on the verge of entering a period of accelerated growth From 2014 to 2021, China's charging pile market has evolved from a policy-driven model to a market-driven one. Data from Ministry of Public Security of the People's Republic of China and the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA) shows that as of the first half of 2021, China was home to 6.03 million EVs and approximately 1.95 million charging piles, with a vehicle-pile ratio of nearly 3-to-1. According to the Chinese government's plan for the development of the EV sector, the country's vehicle-pile ratio will gradually migrate to 1-to-1, meaning that there is still huge growth potential for the build out of a charging pile infrastructure. The size of such a construction market is expected to climb to a valuation in the trillions of yuan. "In August 2021, China's EV market witnessed a retail penetration rate of 17.1%," said Frank N. Chen COO of YKC. "As we observed with China's experience in the development of smartphone and mobile payment technologies, when the market penetration rate of a sector approaches 10%, growth of the sector shifts into overdrive. From this, we can conclude that China's EV market will see explosive growth in the coming years." Massive opportunity: China's EV charging pile operators will start out highly fragmented China's EV market is huge, and the growth trend of charging piles as an essential support facility needs to be understood. China's charging pile investment market is expected to continue to see the emergence of a large number of regional pile operators. Mr. Chen, YKC COO continued, "China has a huge demand for public charging piles and is home to various application scenarios, including public stations, private stations and destination-specific charging stations. The massive demand for public charging piles has led to the diversification of investment entities in China. In addition, the highly fragmented ownership of parking spaces has contributed to the localization and decentralization of charging station investors." Although local charging pile operations have an advantage regarding investment, the owners of such entities generally do not choose to build their own charging pile platforms, but rather partner with professional charging pile platforms due to a lack of technology and high costs. YKC, as the largest third-party charging IoT SaaS platform in China, has become their first choice. YKC joins hands with CATL and NIO Capital to build a charging ecosystem Available data from YKC shows that as of August 2021, the YKC platform-based charging business had established a footprint in more than 300 cities and was, at that time, servicing more than 2,500 charging pile operators across China. The firm's lineup of directly connected charging piles ranks it first among third-party charging IoT SaaS platforms. When commenting on the financing round, Managing Partner of NIO Capital, Zhu Yan, said: "NIO Capital recognized the value of YKC as a third-party charging IoT SaaS platform for charging pile operators throughout China. As a dark horse in the EV support infrastructure sector, YKC's potential for growth is immense." In response to China's new infrastructure and carbon neutrality policies, YKC plans to join hands with leading industry players such as CATL and NIO Capital to further explore the opportunities presented by the current structure and likely consolidation of the industry in the future.

Panduit (TM) Australia Partners with University of South Australia's Electric Formula SAE Program

Panduit Australia partners up with UniSA Electric Vehicle Program, supporting green energy solutions and local engineering grass routs development MELBOURNE, Australia, Sept. 16, 2021 /PRNewswire/ -- Panduit, a leading global provider of electrical and network infrastructure solutions, has partnered up as a Sponsor of the UniSA Motorsport team. Panduit TM Australia Partners with University of South Australia’s Electric Formula SAE Program University of South Australia's Motorsport is an inclusive team that brings together students from various disciplines to learn in a real-world scenario, by project managing and competing in a modern design and engineering-based competition. Since 2002, the team has regularly entered the Formula SAE Australasian competition. The team conceives, designs, and builds a formula style race car and in doing so gains real-world experience in working on an exciting project. UniSA launched the award-winning EV Platform in 2019. What is Formula SAE? Formula SAE is a student led design competition organized by SAE international. The Australasian competition is held in Victoria each year in December and brings together universities from Australia and the Asia-Pacific region. About Panduit Since 1955, Panduit's culture of curiosity and passion for problem solving have enabled more meaningful connections between companies' business goals and their marketplace success. Panduit creates leading-edge physical, electrical, and network infrastructure solutions for enterprise-wide environments, from the data center to the telecom room, from the desktop to the plant floor. Headquartered in Tinley Park, Ill., USA and operating in 112 global locations, Panduit's proven reputation for quality and technology leadership, coupled with a robust partner ecosystem, help support, sustain, and empower business growth in a connected world. For more information, visit www.panduit.com. Related Links :https://www.panduit.com/

De Tomaso Welcomes Carmen Jorda

MODENA, Italy and NEW YORK, Sept. 16, 2021 /PRNewswire/ -- De Tomaso officially announces that Carmen Jorda has joined the De Tomaso family as a factory Development and Scuderia De Tomaso Racing Driver Carmen Jorda, racer and fashion icon, along with her De Tomaso team will bring back the romance to automotive A lifelong automotive enthusiast, Carmen has raced in Formula 3, the American Indy Lights Championship, GP3 Series and is also one of a select few women to have held an official driver role with a Formula 1 team De Tomaso story is a love story. It's the story of a great romance between Alejandro and his soulmate and business partner, Isabelle The P72 not only takes the spirit of Italy, Argentina, and America, but honours Isabelle's spirit as well and recognizes her role in our history. That's why we named this homologation prototipo after her - 'Isabelle' The spirit of Isabelle now lives on through Carmen Jorda, as both share a similar spirit and story Our dear friends, When we began our revival, we promised to tell the untold story of De Tomaso. Today, we are honoured to share the story of where our legacy began. Our story is a love story. It's the story of a great romance between Alejandro de Tomaso and his soulmate and business partner, Isabelle. Carmen Jorda, De Tomaso factory Development and Scuderia De Tomaso Racing Driver. In order to pay proper homage, we have not only named our new P72 homologation prototipo after her, but have also created a short film titled, Meet 'Isabelle'. Throughout her life, Isabelle defied expectations from friends, family and foes; forging her own path and pursuing her passion of racing. She raced with the men, both in America and ultimately in Europe, where she met, married and raced with Alejandro. Our P72 not only takes the spirit of Italy, Argentina, and America, but honours her spirit as well and recognizes her role in our history. Meet 'Isabelle' Carmen Jorda Officially Joins De Tomaso We are pleased to announce that Carmen Jorda has officially joined the De Tomaso family as a factory Development and Scuderia De Tomaso Racing Driver. Being both a female racing driver and powerful business woman, Isabelle was a pioneer for her era — and her spirit now lives on through Carmen, as both share a similar, unique spirit and story. A story about defying expectations, defying critics and forging one's own path to break the status quo. To become part of something bigger than just oneself. A movement, a journey, a revival of a historic brand and an opportunity to make true automotive history. Carmen, the daughter of former racer José Miguel Jorda, has already begun testing on our P72 development vehicles on both road and track. A lifelong automotive enthusiast, Carmen has raced in the European Open Formula 3 Championship (achieving three podiums), the American Indy Lights Championship and GP3 Series. She is one of a select few women to have held an official driver role with a Formula 1 team. "From the outset, Carmen's energy fully aligned with that of our team and her unique skillset has proven complementary to our development programmes. When deciding to pay homage to Isabelle and communicate her untold story, there was unquestionably no other person who embodied the core traits, spirit and talents of Isabelle than Carmen. We are proud to welcome her as part of our growing family and her role will continue to expand over the coming years." - Ryan Berris, CEO/CMO - De Tomaso Automobili "I am incredibly grateful to join the De Tomaso family; it feels like a dream. The De Tomaso brand has such a storied history and I am truly honoured to carry on the inspiring spirit of Isabelle. Our shared passion and genuine vision has created a once-in-a-lifetime opportunity to bring the romance back to automotive, both on the road and track. We have a momentous journey ahead as we continue to write the next chapters of De Tomaso and automotive history." - Carmen Jorda, Factory Development & Racing Driver - De Tomaso Automobili Notes to Editors: A series of creative assets accompanying this release are available to download from the De Tomaso Automobili press site: www.detomaso-automobili.com/press/ Press Press site: www.detomaso-automobili.com/press Website: www.detomaso-automobili.com Facebook: www.facebook.com/detomaso.official/ Instagram: www.instagram.com/detomaso_official Twitter: www.twitter.com/_DeTomaso Carmen Jorda, racer and fashion icon

Students challenged to pull 100-ton Volvo hauler using only LEGO bricks

GOTHENBURG, Sweden, Sept. 15, 2021 /PRNewswire/ -- It seemed impossible, they said it couldn't be done… but leave it to some of the brightest young minds to come up with a solution. In an audacious engineering challenge set by Volvo Construction Equipment (Volvo CE) in collaboration with LEGO Technic®, young people from around the world united to take on this fiendishly difficult task. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=" jwplayer('myplayer1').setup({file: 'https://mma.prnasia.com/media2/1626102/LEGO_Technic_Move_it_Stunt.mp4', image: 'http://www.prnasia.com/video_capture/3506609_AE06609_1.jpg', autostart:'false', aspectratio: '16:9', stretching : 'fill', width: '600', height: '338'}); Devised by engineering experts from both Volvo CE and LEGO Technic®, the MOVE IT challenge was proposed to a dedicated team of young robotics students to move the world's biggest articulated hauler, the Volvo A60H – a 43 ton hauler loaded with an extra 45 tons of rocks – across a distance of 50 meters, using only LEGO Technic® elements. In a bid to showcase the incredible potential of STEM (science, technology, engineering and maths) brainpower, it was not an easy task. Using a total of 728,168 LEGO Technic® pieces connected together under a layer of steel plates and transmitting signals to 1,920 motors, 35 budding engineers created enough power on their rolling motorized grid to pull the machine's six heavy-duty wheels across the required distance in just 30 minutes. Frida Jönsson, Engineer at Volvo CE, who has been involved in the scheme from the very start, says: "The students showed incredible resilience and tenacity. In total they spent more than 2,000 hours of their own time to come up with a hard-fought solution that could create a pulling force of 10,000 Newtons in order to get the hauler moving." Over three months, four teams of children from all backgrounds all over the world – US, Sweden, Japan and Nigeria – collaborated across time zones, language barriers and a distance of 20,000 miles between them to work on this engineering challenge. Each team was sent the 2,193-piece LEGO Technic® model version of the real Volvo A60H and given 12 weeks to build a prototype model strong enough to move the 43-ton heavyweight. And just to make the task even harder, an extra 45 tons of rocks were added to the machine. At a time when getting a good network during a video conferencing call seems enough of a challenge, they proved that remote working is no barrier to being able to brainstorm ideas and come to a viable solution. "Our aim is to stimulate a love of STEM and showcase that there really is no limit to what the next generation of engineers can achieve if they put their minds together," says Arvid Rinaldo, Brand Partnership at Volvo CE. "These incredibly smart people were able to solve our challenge without even meeting in person. We had set out to educate and motivate young people, but knowing how to solve complicated tasks like this without ever seeing each other is something we all need to learn in business and something they demonstrated with ease." This is not the first collaboration between the two major Scandinavian brands. They also worked with youngsters to create an autonomous concept wheel loader back in 2018. For more information please visit https://www.volvoce.com/global/en/our-offer/articulated-haulers/lego-heavyweight-challenge Students challenged to pull 100-ton Volvo hauler using only LEGO bricks Video - https://mma.prnasia.com/media2/1626102/LEGO_Technic_Move_it_Stunt.mp4Photo - https://mma.prnasia.com/media2/1626101/100_ton_Volvo_LEGO_bricks.jpg?p=medium600

LG Innotek developed the world's strongest 'ECO Magnet'

The magnet minimizes the risk of vehicle production interruption by a shortage of heavy ra re-earth metals. It also lightens a vehicle's weight by reducing the size and increasing the output of motors. The product can improve the driving power of smartphone cameras by 10% and secure high-definition image quality. LG Innotek expects to strengthen the competitive edge of its products such as motors using the eco magnet. The company will expand the applications of this magnet to home appliances and flying cars. SEOUL, South Korea, Sept. 15, 2021 /PRNewswire/ -- LG Innotek announced on the 14th that it has developed the world's strongest 'eco magnet' in collaboration with the magnet company SGI (Sunglim Group Industry) Co. With this development, LG Innotek will be able to target the global magnet industry led by China and Japan. The ‘eco magnet’developed by LG Innotek. This product has secured the world's strongest magnet-ic performance while minimizing the use of heavy rare-earth metals. The eco magnet can help stabi-lize the supply of raw materials and reduce the weight of vehicles. It can also result in clear high-definition photos by improving the driving power of smartphone cameras by about 10%. The eco magnet minimized the use of heavy rare-earth (HRE) metals that have high scarcity values. This magnet is an essential component for vehicle motors, smartphone cameras, audio speakers, and wind power generators. It is installed in products that require driving and provides power with its magnetic pushing and pulling force. This product significantly reduced the use of HRE metals, a key ingredient of magnets, by 60% compared to the previous product. This is especially good news since the industry is struggling to find alternatives of HRE metals due to their lack of supply, high price, and environmental pollution caused. LG Innotek's development of the eco magnet is particularly significant in that South Korea imports most of the HRE metals from China. The product has raised the magnetic performance for home appliances and vehicle steering motors to 14.8 kG (in kilogauss, magnet strength), which is the world's highest level. This beats the products of Japanese companies that have led the industry for nearly 40 years. The industry believes that the technical performance limit of this magnet is 15kG. The magnetic performance of products commercialized so far is only 14.2 to 14.3 kG. The advantage of the eco magnet is that it uses only 40% of the HRE metals compared to the previous one. This minimizes the risk of production interruption due to a lack of raw material supply. Automakers and vehicle components companies are showing interest in this magnet, because they have been struggling to reduce the proportion of HRE metals in their products. These companies are sensing the increasing risk of production interruption by a shortage of HRE metals supply. HRE metals can only be produced in certain countries, however the demands have soared recently due to the increase of electric vehicles. In addition, their supply is expected to get even tighter as these materials are becoming "weaponized" over diplomatic disputes. Applying the eco magnet to a steering motor of a vehicle is advantageous for reducing the weight of the vehicle. The magnet reduces the size of the motor while increasing its output; the high magnetic power enables high motor output with a small size. This product is suitable for electric and hybrid vehicles that need weight reduction to improve mileage range (fuel economy of electric vehicles) due to an increase in battery weight. This magnet can also cut the cost of raw materials such as copper used in motors as it decreases the motor size. When the eco magnet is applied to a high-pixel smartphone camera, it produces clearer photos and videos by increasing the driving force of the actuator (the part that moves the lens to focus). As the specifications of smartphone cameras have enhanced, the size and weight of lenses have increased. And this now requires actuators to have stronger magnetic power. At the same time, as smartphones get slimmer, the demands for small but powerful magnets are increasing. The eco magnet generates a stronger magnetic force than other magnets of the same size. This can increase the driving power of an actuator by about 10% without an increase in size. Therefore, even if a lens becomes heavier, the actuator can move the lens as quickly and accurately as needed. The development of Eco-magnet is also significant in terms of sustainability since it minimized the use of HRE metals that cause pollution. HRE metals seriously pollute the environment by generating lots of radioactive materials, heavy metals, toxic gases, and acidic wastewater during production. Until now, Japan, with its cutting-edge technology, and China, with its price competitiveness, have dominated the magnet market. In particular, China is dominating the global market by deciding on the global supply of HRE metals. As a result, companies around the world such as automakers have been adversely affected by shortage of magnets with HRE metals when trade or diplomatic disputes arose. High prices and environmental pollution issues also need to be handled. To solve such problems, LG Innotek began developing the eco magnet with reduced HRE metals in 2017 and has been focusing on securing the best magnetic performance since 2019. To this end, LG Innotek also joined hands with SGI, which has an HRE metal reduction technology. HRE metals are an essential component to maintain magnetic force at high temperatures. Reducing these metals may decrease the durability of a magnet. Therefore, it was technically difficult to enhance the magnetic force while minimizing the use of HRE metals. By adding new compounds, the two companies have developed a coating liquid for the eco magnet that uses less HRE metals however produces the strongest magnetic force in various products and temperatures. In addition, the companies also secured a new magnet material optimized for the coating liquid. LG Innotek's eco magnet is made by applying this coating liquid to the magnet and heating the magnet to absorb the liquid evenly. LG Innotek knew that it could not catch up with Japanese competitors' technologies in a short period of time with the existing development method. To speed up the process, the company introduced a simulation technique using machine learning (a technology that a computer automatically determines and results in outputs by learning from data). Using this technique, the development period, which takes at least two years, has been halved. With the machine learning computer, LG Innotek has significantly reduced the number and time of experiments by automating the process of deriving optimal process conditions such as the ratio of HRE metals and heat treatment temperature. Previously, researchers had to repeat experiments hundreds of times, which made the development period long and incurred errors. LG Innotek plans to strengthen its competitive edge in the market by applying the eco magnet to the company's other products such as steering motors for vehicles and smartphone actuators. At the same time, LG Innotek plans promotions targeting global automakers, vehicle components manufacturers, and smartphone companies. And it will quickly expand the magnet's applications to air conditioners, refrigerators, drones, urban flying cars, and generators. In addition to solidify its technical leadership in magnet, the company has a plan to develop a 'non-rare-earth magnet' that does not contain rare-earth metals at all. CTO Minseok Kang said, "It is meaningful that LG Innotek supplies the new product with the best performance and quality by developing its core materials in a short period of time using innovative technology. We will continue to provide differentiated values to customers with the eco magnet." For more information about LG Innotek, please refer to the website: www.lginnotek.com

XCMG Debuts Three Customized Products at MINExpo 2021 in Las Vegas

LAS VEGAS, Sept. 14, 2021 /PRNewswire/ -- XCMG (000425.SZ), world top three construction machinery manufacturer, is bringing three new customized products - XE950G excavator, XDA45U articulated dump truck and GR3505T5 grader - to MINExpo 2021, which is being held from September 13 to 15 in Las Vegas, United States. XCMG Debuts Three Customized Products at MINExpo 2021 in Las Vegas. XCMG will be at booth 27021 at the Las Vegas Convention Center. This is XCMG's first time exhibiting at MINExpo, the world's largest mining event that brings together all the latest cutting-edge equipment, innovations, services and technologies. All three new XCMG products to be unveiled during MINExpo 2021 are customized specifically for the U.S. market and are well-adapted to work under different and highly challenging construction conditions. The 95-ton XE950G excavator is an efficient and energy-saving model applicable to global markets, featuring an advanced control system and behavior monitoring system, especially highlighting the industry-leading dual-pump independent technology. It also excels in comfortable and smart operation and is applicable to extreme mining environments. The 45-ton XDA45U articulated dump truck adopts mature power matching technology and delivers strong passing and reliable braking performances, is also equipped with precise hydraulic control and is all-terrain adaptive. The GR3505T5 grader has strong traction output and features a high-pressure, high displacement and load-sensitive hydraulic system. The all-gear rear axle can prevent wear effectively and the hydraulic lock is error preventive. The model also provides an upgraded operation experience with speed-sensitive steering and an assisted steering system, comfortable electronic double joystick control system and fresh air circulation with standard cab pressurization. XCMG was the earliest manufacturer in the Chinese construction machinery industry to enter the U.S. market, and has not only launched products that meet local certification and standards, but also established a comprehensive sales and service network capable of providing complete construction solutions for customers. "XCMG has accumulated a wealth of experience in mining equipment and solutions and is committed to providing highly reliable, efficient and safe products for our customers, and our customization strategy has enabled XCMG to compete with the world's best manufacturers in the high-end market," said Xie Bin, CEO of XCMG North America Corp. For more information, please visit www.xcmg.com, or XCMG pages on Facebook, Twitter, YouTube, LinkedIn and Instagram. Related Links :http://www.xcmg.com

Free2Move Lauded by Frost & Sullivan as OEM New Mobility Marketplace Company of the Year

Free2Move's platform enables operators to give end customers a fully integrated experience and freedom to access all transportation modes from a single platform. LONDON, Sept. 14, 2021 /PRNewswire/ -- Based on its recent analysis of the European OEM new mobility marketplace, Frost & Sullivan recognizes Free2Move with the 2021 European Company of the Year Award. The Free2Move marketplace has adopted a Mobility Services' Provider position, aggregating numerous mobility solutions through a single location. Thus Free2Move provides to the Mobility Operators the access to its end-to-end platform enabling them to manage, track, and adapt solutions easily, leading them to offer various modes of mobility. 2021 European OEM New Mobility Marketplace Company of the Year Award "The plug-and-play solution serves both the public and private transportation sectors. It aggregates hundreds of MSPs into an open source mobility ecosystem, which allows mobility operators to improve profitability, scalability, and visibility with the objective to offer to the final customer a seamless journey," said Geraldine Priya, New Mobility, Program Manager. "The tailor-made solutions cover all use cases, ranging from a few minutes to several months of travel. Its technological expertise allows Free2Move to bring together the entire portfolio of services on a digital layer, supported by an easy-to-use website, mobile app, and white label platform." Free2Move has grown significantly in the past five years, outperforming other OEM mobility brands, in terms of its range of solutions, technology stack and geographical and customer reach. Free2Move is the first OEM-owned mobility brands that functions as a full-fledged mobility ecosystem. With a presence in 170 countries, the company's full range of services for individuals and professionals simplifies mobility for everyone, and its platform connects mobility operators to vendors of value-added services, such as fleet management and maintenance providers and insurance companies. The platform enables mobility operators to easily manage, track, and adapt solutions using the back-end platform. Fleet management and integration, planning, billing, payments, and automated accounting dashboards are among the critical functionalities available on Free2Move's end-to-end platform. Free2Move's partner-friendly platform offers a host of advantages, such as faster time-to-market for shared mobility operators. With support from Free2Move, shared mobility operators, such as carsharing as eg., can launch operations within two to three months. Moreover, the company's easily scalable solutions enable mobility operators to launch under their own brand or under the Free2Move brand. This way, they can remain independent and still be connected to Free2Move's global network to access a broader customer base. The company's lower cost of collaboration eliminates the need for shared mobility operators to manage multiple stakeholders in the ecosystem. Furthermore, Free2Move's high level of customizability allows mobility operators to shift from one consumption model to another based on the city of operation and mobility options in demand. Free2Move being in the forefront of mobility technology revolution has the opportunity to own, orchestra and control the deployment of shared mobility value chain. By building a multi-brand business model it can integrate with the City-as-a-customer vision, positioning itself for continued and accelerated growth. noted Priya. "Free2Move's mobility ecosystem allows it to have greater control over the shared mobility value chain," noted Priya. "Free2Move being in the forefront of mobility technology revolution has the opportunity to own, orchestra and control the deployment of shared mobility value chain. By building a multi-brand business model it can integrate with the City-as-a-customer vision, positioning itself for continued and accelerated growth." Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration. Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry. About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. About Free2MoveFree2Move is the only global mobility brand that offers a complete and unique ecosystem for its private and professional customers around the world (Europe & USA). Relying on data and technology, Free2Move puts the customer experience at the heart of the business to reinvent mobility and facilitate the transition to E-mobility. As a real marketplace for mobility, the company offers a range of products and services ranging from car-sharing to short, medium or long-term rental, including the reservation of VTC drivers, parking spaces and charging stations via the app, as well as support solutions towards the energy transition or even fleet management for professionals. Finally, Free2Move designs, develops, produces and distributes electric mobility products and services ranging from charging infrastructure, monthly subscriptions, battery life cycle management to the integration of Vehicle-to-Grid technology (V2G). Free2Move in figures is: 1.2 million users, 400,000 leased and rental vehicles, 500,000 parking spaces, 250,000 charging points, 600,000 business contracts and a presence in 170 countries. For further information: https://www.free2move.com/ Contacts press:Claudia Toscano P: 210.477.8417Mail: claudia.toscano@frost.comAurélie Denizanne Gicquel, Head of Communication Free2MoveMail: aurelie.denizanne@free2move.comDalyce Semko,d.semko@open2america.com, 403-869-3259 Related Links :http://www.frost.com

Senmiao Technology Announces New Cooperation Agreement with Leading E-commerce Platform for Servicing Major Cities of Chengdu and Guangzhou

CHENGDU, China, Sept. 14, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a new contract with Shanghai Lutuan Technology, an affiliate of Meituan (HK: 3690), China's leading e-commerce platform for services focused on its "Food + Platform" strategy. According to this new cooperation agreement, online ride-hailing requests and orders will be completed on Meituan's platform ("the major platform") utilizing Senmiao's network of cars and drivers for a set monthly fee. This new agreement will have no impact on drivers' incomes, and drivers' incentives will be paid by the major platform going forward. In August 2021, Senmiao leased cars and provided related services to approximately 1,200 drivers in Chengdu who operated their online ride-hailing businesses through the major platform under the new partnership model. Xi Wen, Chairman, Chief Executive Officer and President of Senmiao, stated, "We are pleased to continue our partnership with Meituan under this new model, whereby we provide Meituan with access to our network of cars and drivers in Chengdu and Guangzhou. In turn, our drivers benefit from increased access to potential riders utilizing the major platform for various services. We believe this arrangement will become even more favorable to Senmiao's operations over the long term, and we look forward to the potential opportunity to expand this relationship to other cities." About Senmiao Technology Limited Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao's areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com. Senmiao routinely provides important updates on its website. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao's ride-hailing platform) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao's filings with the SEC, and represent Senmiao's views only as of the date they are made and should not be relied upon as representing Senmiao's views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. For more information, please contact: At the Company:Yiye ZhouEmail: edom333@ihongsen.com Phone: +86 28 6155 4399 Investor Relations:The Equity Group Inc. In ChinaCarolyne Sohn, Vice President Lucy Ma, Associate+1 415-568-2255 +86 10 5661 7012csohn@equityny.com lma@equityny.com © 2021 Senmiao Technology Ltd. All rights reserved. Related Links :http://www.senmiaotech.com

Hyundai Mobis to hold Tech Days at Motor Bella to demonstrate latest technology for autonomous and electric vehicle

Attending the first ever Motor Bella, held in Pontiac, Michigan, near Detroit to demonstrate new ADAS technology and much more Participating for the first time in a motor show in North America, promoting new opportunities for US automakers, in addition to having participated in IAA Mobility in Europe Presenting its most advanced electrification components including 3-in-1 system, battery system assembly, and integrated charging control unit for targeting North American EV market. PLYMOUTH, Mich., Sept. 14, 2021 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) is attending the first ever Motor Bella held in Pontiac near Detroit, the heart of North America's automotive industry. The company announced on the 14th that its goal is to promote new technology and win more contracts from global automakers in North America. Hyundai Mobis to participate in Motor Bella This is the first time Hyundai Mobis has participated in a motor show held in the US although they have consistently attended CES. In addition to participation in IAA Mobility held earlier this month in Germany, the company has expanded its scope to North America, and will display new technology while also increasing touchpoints with clients in order to win contracts from global automakers. Motor Bella is held at Pontiac's M1 Concourse near Detroit from the 21st to 26th, while the North American International Auto Show (NAIAS), one of the world's biggest motor shows, takes a pause for 2021. Detroit is symbolic of the US automotive industry as it is home to the headquarters and strategic bases of the leading US global automakers, known as the Big 3. The area is a focal point for North American global automakers expanding new mobility offerings. During the show, Mobis will be holding 'Mobis Tech Days' presented by Key Account Executive (KAE) from Mobis North America (MNA) and Advanced Engineering representatives from Mobis Technical Center America (MTCA). Clients will be invited to experience its latest autonomous driving, electrification, and infotainment technologies. At Motor Bella, Hyundai Mobis will emphasize its new Advanced Driver Assistance System (ADAS) technology on the GV80, which is receiving good reviews from US consumers. The company will also show off other new autonomous driving technologies specialized for North American customers, such as Driver Status Monitoring (DSM), Driver Status Warning (DSW), and the Head-Up Display (HUD) developed at Tech Center. In line with the great shift to EV with large-scale investments by the government in North America, Hyundai Mobis is also exhibiting its most advanced electrification components like 3-in-1 system(integrating motor, inverter and reducer in a single housing), Battery System Assembly (BSA), and Integrated Charging Control Unit (ICCU). Since 2009, the company has accumulated more than 12 years of electrification system know-how and produced about 1.9 million electrified vehicle systems. In addition, Hyundai Mobis will install kiosks for its clients and visitors in order to introduce a total 24 technologies, such as infotainment, electrification, chassis, and lamp. The company plans to offer a full portfolio of its diverse products ranging from ADAS to electrified automotive components. Hyundai Mobis has been striving to increase its touchpoints with global clients and win more contracts since the outbreak of COVID-19. Despite the global logistics disturbance and semiconductor shortage problems, the company is maintaining a strong supply system and is a trusted partner with clients. Mobis North America MNA operates 3 major facilities in the Greater Detroit area. Since 2009, the Detroit module assembly plant has been a strong supplier of chassis modules for Jeep Grand Cherokee and Dodge Durango. The Plymouth Tech Center with 200 employees develops US customized products, such as autonomous driving, safety, lamp, and more. The Novi warehouse and logistics center, with over 80,000 square feet, is the perfect location for logistics, quality control, transportation and inventory for our clients. For Mobis Tech Days, please contact Scott McEwan (ScottMcEwan@mobis-usa.com) and Paul Jurewich (pjurewich@mobis-usa.com) About Hyundai Mobis Hyundai Mobis is the global no.7 global automotive supplier, with annual sales of nearly $30 billion USD. The company was founded in 1977 and is headquartered in Seoul, Korea. Hyundai Mobis aims to become a lifelong technology partner for vehicles and people. The company has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company's products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting and automotive electronics. Hyundai Mobis currently employs more than 30,000 people worldwide and has its own production facilities in North America, Europe, China and India. In addition to its research and development headquarters in Korea, Mobis has 4 technology centers in Germany, China, India and the United States. For more information, please visit the website at http://en.mobis.co.kr/ Media Contact Jihyun Han (+82-2-2018-6026, jihyun.han@mobis.co.kr) Choon Kee Hwang (+82-2-2018-5519, ckhwang@mobis.co.kr)

Lowest Mileage Hemi Cuda Sells on Sonicbidder.com Ahead of Muscle Car Auction September 22, 2021

JACKSON, Miss., Sept. 14, 2021 /PRNewswire/ -- Sonicbidder.com, the world's most interactive online auction, has made a name for itself. The platform helped hype the Ford vs Ferrari movie craze, with its $3.2 Million auction, which saw a 2005 Ford GT beat a 1987 Ferrari 328 GTS to set the stage. In 2020, Sonicbidder.com hosted the now annual Hershey At Home auction in the wake of the canceled Hershey Auction. Adding to the $5.6 Million in sales was an Amelia Island award-winning 1929 Rolls Royce Phantom I York, which sold for over $500,000. JD Pass, the owner of TheVaultMS.com, LLC, has catapulted Sonicbidder.com to the preferred auction platform for his collection. Together they've garnered impressive automotive sales. Among those sold were a 1957 Chevrolet Bel Air, a 1967 Ford Mustang Fastback, a 1963 Split Window Chevrolet Corvette, and many others. Other established collector car connoisseurs have partnered with the Sonicbidder.com platform. Long-time known car enthusiast Steven Plaster, owner of Evergreen Historic Automobiles, recently said, "We've sold some of the rarest and finest cars in the world. Sonicbidder.com has given me an opportunity and I want to say, 'Thank You.'" Other giants in the collector car world like the Audrain Auto Museum, Nobles Family Auto Museum, Gentry Lane, Cars Remember When, and more are joining Sonicbidder.com daily. Sonicbidder.com shakes the industry again, selling the lowest mileage Hemi Cuda on the planet ahead of its Muscle Car Madness auction. The "True Grit" 1970 Plymouth Hemi Cuda was special-ordered new at Shreves Plymouth-Dodge in June of 1970 by Bill Reardon from West Virginia. He was buying his dream car at 62 years of age. Tor-Red exterior with black interior. Reardon immediately began modifying True Grit to be drag strip ready, removing many original, factory parts. He replaced them with the best performance parts available, while carefully storing the originals. Sadly, Reardon only raced one season before passing away. In 1977, his son sold the car and the original parts to Marvin Dillion, who returned it to its original configuration at 42 miles. It was driven less than a mile in the years he owned it. Since then, it was moved enough to take the odometer to its present reading of 86 miles. Today, it's a time capsule: unmolested, original, and superb verification of the numbers and codes. Sonicbidder.com is bringing a three-week sprint of auctions for the Fall Season. These online-only auctions include some of the most sought-after classic, muscle, exotic, racing, and Formula 1 cars. Check out Sonicbidder.com's upcoming Fall Auctions:September 22, 2021, Muscle Car Madness starting at 10:30 a.m. CSTSeptember 29, 2021, Auto Exotix starting at 10:30 a.m. CSTOctober 5, 2021, 2nd Annual Hershey At Home starting at 10:30 a.m. CST Vault Dog Media, inquiries@sonicbidder.com Related Imageshemi-cuda-lot.png Hemi Cuda Lot The rare Hemi Cuda with less than 90 original miles!

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