Hanhwa Secures AUS 140 Million Capital Commitment from GEM as Company Seeks to Go Public

The Company seeks to go public in the coming year on the ASX MELBOURNE, Australia–(BUSINESS WIRE)–May. 02, 2022 Hanhwa Aus Pty Ltd (“Hanhwa”), A global automotive manufacturer is pleased to announce that it has signed an agreement ("Agreement") with GEM Global Yield LLC SCS ("GGY"), the Luxembourg based private alternative investment group, to provide Hanhwa […]

Mobil 1™ and Porsche Celebrate 25th Anniversary Milestone with Extension Deal

Delivering 25 years of collaboration, exceptional performance, protection in extreme conditions and outstanding driving experiences, Mobil 1 and Porsche will remain long-term partners. Mobil 1 motor oil will continue as the factory-fill and recommended-service-fill for Porsche engines More than 1.5 million Porsche engines have been factory-filled with Mobil 1 motor oil Mobil 1 continues to support […]

Robotic Research Announces $228 Million Series A Funding Round to Scale Autonomous Technology Commercially

SoftBank Vision Fund 2, Enlightenment Capital-led investment will enable the company’s commercial division, RR.AI, to scale and provide an end-to-end autonomy solution for transportation and logistics markets. CLARKSBURG, Md.–(BUSINESS WIRE)–Jan. 10, 2022 Robotic Research, a global leader in autonomous mobility and robotics solutions, today announced a $228 million funding round—the first outside capital the company has […]

Black & Veatch Management Consulting Chosen to Help Drive SCG International’s Electric Vehicle Transition in Thailand

Study funded by U.S. Trade and Development Agency grant will serve as blueprint for broader EV adoption in Southeast Asian countries OVERLAND PARK, Kan.–(BUSINESS WIRE)–Oct. 05, 2021 A global leader in decarbonization solutions and zero-emission transportation infrastructure, Black & Veatch announces its selection as technical expert in SCG International Corp. Co.’s effort to electrify its […]

Pony.ai Becomes First Company to Test Driverless Vehicles on Public Roads in Both the U.S. and China

Opening fully driverless Robotaxi service to the general public in California starting in 2022 FREMONT, Calif.–(BUSINESS WIRE)–Jun. 16, 2021 Silicon Valley-based Pony.ai, a leading autonomous driving company, today announced that it has begun regular and daily fully driverless testing on public roads in Fremont and Milpitas, CA. Along with the recent launch of fully driverless […]

Chinese Truck Driver Sped for Kilometers in a SoonExplode Truck Receiving a FAW J7 after Narrow Escape

XINMIN, China–(BUSINESS WIRE)–Aug. 20, 2020 According to Chinese media reports, on July 14, 2020, a thrilling scene was staged in Xinmin City Liaoning China: a burning extended truck rushed out from near a gas station, whistling across the street into the distance. The truck body was almost completely swallowed by the big fire, as flames […]

Seedland Launches Pilot Operation of China’s First Autonomous Commuter Vehicle: Hachi Auto

GUANGZHOU, China–(BUSINESS WIRE)–Dec. 01, 2019 Seedland Group applied Hachi Auto, an autonomous vehicle for smart communities, in one of the Seedland communities “Boston Ivy” in early November 2019, becoming the first to bring UGV into residential communities in China. As a part of Seedland’s Smart Life System, Hachi Auto allows the community residents to experience […]

KIOXIA Corporation Introduces Industry’s First 512GB Automotive UFS

Opens Door to More Advanced Systems and Applications – for an Enhanced Driver Experience TOKYO–(BUSINESS WIRE)–Nov. 14, 2019 The next generation of automotive systems are hungry for more. More advanced information & entertainment and ADAS[2] systems. More storage for event data recording. Support for more 3D mapping. In a move that makes ‘more’ a reality, […]

ExxonMobil Launches Mobil EV™ Offer For Battery Electric Vehicles

New offering enables improved performance of battery-electric vehicles The Mobil EV™ offer helps battery electric vehicles to travel further between charges, extend equipment component life and promote safer operation The launch highlights close collaboration between ExxonMobil and original equipment manufacturers to meet consumers’ evolving mobility ambitions FRANKFURT, Germany–(BUSINESS WIRE)–Sep. 12, 2019 ExxonMobil announced today the […]

ExxonMobil and Porsche Expand Motorsports Technology Partnership Into Formula E

Mobil-branded lubricants and fluids to be used in Porsche Formula E race car SPRING, Texas–(BUSINESS WIRE)–Sep. 06, 2019 ExxonMobil is expanding its global business and technical partnership with Porsche by teaming with the luxury German automaker on its Formula E series car for the 2019 / 2020 season. The new partnership represents ExxonMobil’s first entry […]