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Mitsubishi Motors’ All-New eK X EV Wins Japan Automotive Hall of Fame Car of the Year 2022-2023

ruth
4 minutes

TOKYO, Nov 9, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) today announced that the all-new eK X EV (pronounced "eK 'cross' EV"), an all-electric kei-car(1), has won the Car of the Year 2022-2023 award(2) from the Japan Automotive Hall of Fame. The selection committee highly evaluated the eK X EV as a full-fledged electric vehicle (EV) that conforms to Japanese kei-car standards and contributes to the expansion of the domestic EV market. The eK X EV was also recognized for its high-quality interior and powerful EV road performance above its class, as well as an excellent driving safety assist system for a kei-car. Previously, Mitsubishi Motors has been awarded Car Design of the Year 2006-2007 for the "i" kei-car and Car Technology of the Year 2009-2010 for the i-MiEV, an all-electric kei-car, by the Japan Automotive Hall of Fame, but this is the first time the company has won the Car of the Year award. The eK X EV is a new EV model in the eK X series(3), Mitsubishi Motors' kei-car series with an SUV flavor, offered at an affordable price yet with a driving range of 180 kilometers (km, in WLTC mode)(4),(5) on a single charge ...

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DENSO and USJC Collaborate on Automotive Power Semiconductors

ruth
4 minutes

Kariya, Kuwana, Japan/Hsinchu, Taiwan, Apr 26, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation, a leading mobility supplier, and United Semiconductor Japan Co., Ltd. ("USJC"), a subsidiary of global semiconductor foundry United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)("UMC"), today announced that the companies have agreed to collaborate on the production of power semiconductors at USJC's 300mm fab in order to serve the growing demand in the automotive market. An insulated gate bipolar transistor (IGBT) line will be installed at USJC's wafer fab, which will be the first in Japan to produce IGBTs on 300mm wafers. DENSO will contribute its system-oriented IGBT device and process technologies while USJC will provide its 300mm wafer manufacturing capabilities to bring 300mm IGBT process into mass production, scheduled to start in the first half of 2023. This collaboration is supported by the renovation and decarbonization program for indispensable semiconductors of Japan's Ministry of Economy, Trade and Industry. As the development and adoption of electric cars accelerate amid a global effort to reduce carbon emissions, the demand for semiconductors required in t...

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Yinan Li, Ex-CTO of Baidu and Former Founder of NIU Technologies Started to Build Electric Vehicles, Brand Name Unveiled as NIUTRON

pandora
2 minutes

HONG KONG, Dec 15, 2021 – (ACN Newswire) – Yinan Li, the Ex-CTO of Baidu and Former Founder of NIU Technologies, enters into the electric automotive industry. As a technology industry heavyweight, Li’s NIUTRON is expected to be one of the most valuable electric automotive startups after NIO, Xpeng and Li Auto. After a long influential career in high-tech industry and venture capital, Li founded NIU Technologies in 2014, created one of the most innovative and stylish electric two wheelers. NIU was later listed on Nasdaq in late 2018. After he departed from NIU technologies, Li started the automotive venture in 2018, namely NIUTRON. The Company has since grown to a team of 1,000 R&D personnel, and has received investments from world-leading investors such as IDG and COATUE, in its US$500 million series A fundraising. NIUTRON has achieved several milestones since its founding, including its unique Gemini Platform and a strong product pipeline with many future models. NIUTRON NV, the Company’s first model, is a mid-large sized premium SUV, with “Urban Exploring” as its design concept, encompassing both BEV (Battery Electric Vehicle) and EREV (Extended-Range Electric Vehicle) option...

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PIL Announced Nine Months 2021 Results, with Quarterly Revenue Chalking New Height

indie
5 minutes

HONG KONG, Nov 1, 2021 - (ACN Newswire via SEAPRWire.com) - Pentamaster International Limited ("PIL" or "the Group") which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its interim financial results for the nine months period ended 30 September 2021 ("9M2021") today. The Group recorded a new record in its quarterly revenue, with 9M2021 revenue stood at MYR385.7 million and its net profit stood at MYR86.4 million, marking an improvement of approximately 25.1% and 9.2% respectively from the corresponding period last year.9M 2021 Financial highlightsKey business unit revenue and trendRevenue by customer's segmentFor the nine months ended 30 September 2021, the Group's revenue was contributed by both the ATE and FAS segments, with each constituting approximately 70.0% and 30.0% respectively of the Group's revenue during the Period. The ATE segment recorded an increase in revenue by MYR68.1 million to MYR271.4 million for the nine months ended 30 September 2021 as compared to the Previous Corresponding Period. The ATE segment, was predominantly contributed by the electro-optical segment and the automotive segment. While the electro-optical segment c...

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Participation in Japan Automotive Model-Based Engineering Center

ruth
4 minutes

TOKYO, Sep 27, 2021 - (JCN Newswire via SEAPRWire.com) - Five Japanese automobile manufacturers (SUBARU CORPORATION, TOYOTA MOTOR CORPORATION, Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mazda Motor Corporation) and five parts manufacturers (AISIN CORPORATION, JATCO Ltd, DENSO CORPORATION, Panasonic Corporation, and Mitsubishi Electric Corporation) will be filling the role of executive member in the Japan Automotive Model-Based Engineering center (JAMBE), which went public.. JAMBE's mission is to promote Model-Based Development (MBD)(1) across Japan's automotive industry.The center was founded to fulfill the purpose of creating the most-advanced development community in the mobility sector, able to carry out optimal and high-grade Monozukuri efficiently and without rework. Primarily consisting of private companies, the center succeeds an initiative led by Japan's Ministry of Economy, Trade and Industry called "Enrichment of Suriawase 2.0*2" -- an industry-academia-government and strategic future policy for MBD in the automobile industry - which had been compiled as a result of discussions conducted by the Study Group for Ideal Approaches to Model Utilization in the Automobil...

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Turnaround seen at PIL Results, showing improvement in First Half 2021 with Record Quarterly Revenue

indie
7 minutes

HONG KONG, Aug 16, 2021 - (ACN Newswire via SEAPRWire.com) - Pentamaster International Limited (1665.HK) ("PIL" or "the Group") which is listed on the Main Board of The Stock Exchange of Hong Kong Limited announced its interim financial results for the six months period ended 30 June 2021 ("1H2021") today. The Group recorded a revenue of MYR245.6 million, while its net profit stood at MYR55.7 million, showing an improvement of approximately 21.0% and 5.6% respectively from the corresponding period last year.In 1H2021, the Group's revenue was contributed by both the ATE and FAS segments, with each constituting approximately 72.0% and 28.0% respectively of the Group's total revenue in the current period. The ATE segment continued to contribute the larger portion of revenue and profit to the Group's results for the first half of 2021 at a revenue contribution rate of 72.0%. This segment recorded an increase in revenue of MYR39.2 million, representing a growth of 28.3%, to MYR177.6 million in 1H2021 as compared to the corresponding period in 2020. Given the continued recovery in the smartphone market with 5G capability and other incremental features, the electro-optical segment of the ...

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BOE Varitronix and Himax Join Forces to Secure AMOLED Display Design-Win with a Leading New Energy Vehicle Maker

indie
6 minutes

HONG KONG, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - BOE Varitronix Limited (HKEX: 710) ("BOE Varitronix or BOEVx"), a world leading supplier of automotive display products, and Himax Technologies, Inc. (Nasdaq: HIMX) ("Himax"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced they joined forces to secure a flexible AMOLED automotive display solution design-win with a leading new energy vehicle ("NEV") maker. The solution has recently been applied to the customer's upcoming launch of a flagship NEV model. BOEVx and Himax partnered to offer the next generation flexible AMOLED automotive display in a 12.8-inch Center Information Display product (CID), adopting the Himax AMOLED driver IC and timing controller (TCON) solution. The AMOLED driver enables superior user visual enjoyment from a state-of-the-art OLED display from BOEVx with vivid and colorful image performance as well as modish panel curvature which benefits from the AMOLED panel and driver in COF technology. The Himax TCON supports dual-gate and MUX2 panel structure, 180-degree rotation with embedded color engine, along with an industry leading panel fa...

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BOE Varitronix Revenue Recorded 27%yoy Growth to HK$4,527 million, Continue to Develop Further in the Areas of Smart Cockpit Display

indie
6 minutes

HONG KONG, Mar 29, 2021 - (ACN Newswire via SEAPRWire.com) - 26 March 2021, BOE Varitronix Limited (the "Company") and its subsidiaries ("BOEVx" or the "Group") (710.HK), the world's leading smart automotive display and innovative solution provider announces its final results for the full year ended 31 December 2020. Leveraging on its momentum growth in automotive display business, the Group realized revenue of HK$4,527 million, an increase of 27% from last year's HK$3,574 million.The increase in gross profit as driven by the increase in turnover, and the cost-optimizing and efficiency management actions implemented by the Group, EBITDA has increased by 30% from HK$166 million in 2019 to HK$216 million, the profit attributable to shareholders recorded a significant increase of approximately 174% from HK$25.0 million in 2019 to HK$68.6 million in 2020. BOE Varitronix's profitability has steadily improved, and the improvement in efficiency has achieved remarkable results.During the year, in terms of product portfolio, the Group's Thin Film Transistor ("TFT") module business and touch panel display modules business continued to achieve remarkable growth and contributed over 75% of the...

ACN Newswire
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中国动力在迪拜成立合资公司发展电动汽车业务

tallulah
1 minute

HONG KONG, Mar 22, 2021 - (亚太商讯 via SEAPRWire.com) - 新能源汽车及技术综合解决方案供应商中国动力（控股）有限公司（「公司」；股份代号：476，连同其附属公司，统称「中国动力」或「集团」）与W Motors Automotive Group Holding Limited（「W Motors」）签订商务战略合作备忘录（「备忘录」），拟于迪拜成立合资企业（「合资企业」）进行全球电动车生产、组装、销售及配送业务。集团与W Motors分别占合资企业30%及70%权益。中国动力行政总裁Miguel Valldecabres Polop先生（图中站在W Moters迪拜展厅新车旁）相信，与W Motors合作将使双方能够共享专业知识和技术，并为蓬勃的全球新能源汽车市场探索未来机遇。根据备忘录，合资企业名为LOKI（Low Emission Kinetic Energy，低排放动能），将在阿拉伯联合酋长国建造一项小型生产设施，用于组装电动车车身、内饰及其他配件。中国动力将成为指定的底盘、动力系统及技术供应商，而W Motors将成为所有设计、车型、组装及市场推广的指定合作伙伴。LOKI预期将于十二个月内推出两个可完全正常运行的样车，以供测试及预订。新的电动车产品线包括但不限于轻型货车、送货车、救援车、拖车、垃圾车、公共和私人巴士，以及校车。双方同意共同着力营销，并计划发展彼此之间的战略伙伴关系/联盟关系，以把握中东市场的相关机遇。中国动力行政总裁Miguel Valldecabres Polop先生表示：「我们很高兴与W Motors签订备忘录。作为一家提供新能源汽车和技术创新解决方案的供应商，集团以切实有效的方式整合先进技术，开发低成本且科技含量高的全电动车。W Motors是一家超级跑车制造商及汽车设计中心，除此之外，还与跨国工程商紧密合作，为国际市场生产限量版汽车。此次合作将使我们能够共享彼此的专业知识和技术，并为蓬勃的全球新能源汽车市场探索未来机遇。」关于中国动力（控股）有限公司（股份代号：476）中国动力（控股）有限公司为中国新能源商用车的先行者和实践者、专用客车和新能源客车整车生产商，在新能源平台化电系统及关键零部件方面有着坚实的技术基础，是出行与物流综合解决方案的供应商。集团在重庆有2个生产基地，并着力开拓中国大陆、香港和菲律宾等地的销售网络。关于W Motors Automotive Group Holding LimitedW Motors成立于2012年，是中东地区第一家高性能豪华跑车制造商。公司总部设在迪拜，参与汽车设计、工程及制造的研究和开发等全方位业务，其特别项目部亦提供汽车顾问服务。在创始人兼CEO Ralph R. Debbas先生的带领下，W Motors与全球领先的汽车工程与制造公司合...

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Hitachi Automotive Systems, Keihin, Showa, and Nissin Kogyo Conclude Management Integration and Commence Operations as Hitachi Astemo

ruth
2 minutes

TOKYO, Jan 6, 2021 - (JCN Newswire) - On January 1, 2021, Hitachi Automotive Systems, Ltd., Keihin Corporation, Showa Corporation and Nissin Kogyo Co., Ltd. concluded management integration to form Hitachi Astemo, Ltd., a leading provider of mobility solutions to the automotive industry. The name "Astemo" is derived from the words "Advanced Sustainable Technologies for Mobility" and describes the mission of the integrated company to "provide a safe, sustainable and comfortable mobility life through technologies that contribute to an advanced and sustainable society".Driven by technological megatrend of CASE, meaning Connected, Autonomous, Sharing and Electrification, the automotive industry is undergoing profound change requiring companies to have the scale and resources to create the leading technologies and sophisticated solutions required for today's mobility demands.As a global mega-supplier, Hitachi Astemo will create advanced mobility solutions in its core businesses of powertrain systems, chassis systems and advanced driver assistance systems for both automobiles and motorcycles. Leveraging its expanded scale and the advanced technologies of the four integrating companies, H...

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Hitachi Automotive Systems Stereo Camera with Lane Keep Assist Adopted by Suzuki for their ‘XBEE’ with Enhanced Safety Devices

ruth
3 minutes

TOKYO, Dec 18, 2020 - (JCN Newswire) - Hitachi Automotive Systems, Ltd. today announced that its stereo camera, with lane keep assist and nighttime pedestrian detection features, has been adopted by Suzuki Motor Corporation for their "XBEE". Launched in October 2020, the "XBEE" is a mini passenger vehicle with enhanced safety features.In recent years, the adoption of collision avoidance braking systems in automobile safety design has accelerated due to their effectiveness in mitigating traffic accidents. The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) plan to make it mandatory for all new passenger vehicles produced in Japan to have collision avoidance brakes from 2021. Automobile safety has been improving with the application of automatic brakes and the increased adoption of advanced safety features, such as pedestrian detection and protection systems. These trends are expected to promote an increase in consumer demand for new vehicles.The "XBEE" is the first Suzuki vehicle to adopt a "Lane Keep Assist Function(1)" which keeps the vehicle close to the center of the lane. Other advanced driver assistance systems (ADAS) adopted in the "XBEE" include "Adaptive Crui...