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Mercedes-Benz Trucks and Buses invests USD 50 million in new logistics center in Argentina
e second half of 2024. All its operations have been designed to mitigate the environmental impact and to follow the safety and environmental standards of Daimler Truck AG. “Being able to announce the progress in our new logistics center, in just two years operating as an independent company, is a pride for all of us who are part of Mercedes-Benz Trucks and Buses Argentina,” commented Raúl Barcesat, president and CEO of Mercedes-Benz Trucks. ...
News Updated at: 2024/01/10
Malaysian EPMB signs new agreements with international partners on electric 2-wheeler business
s with several international partners committed to reducing its carbon footprint, including the ESG focused global funds. EPMB, which joined China-based Sharkgulf Technologies Group Ltd to launch Blueshark-branded 2-wheeled EVs in Malaysia and Southeast Asia, signed an investment agreement with CIS Pride Fund SPC and Sharkgulf on September 16, whereby the funds will be investing a minimum of USD 50 million in installing a battery swapping infrast...
News Updated at: 2022/09/21
RMA Cambodia holds inauguration ceremony for country’s first Ford assembly plant in Pursat
00 jobs and assemble about 9,000 vehicles annually. The facility is tooled for the manufacture of Ford’s popular Ranger and Everest models. RMA Cambodia agreed that this new plant would act as a magnet for investors across all sectors, and that the new, locally assembled cars would be a source of pride for Cambodians. The plant would also switch from the CKD method to its IKD alternative, which would allow the introduction of Cambodian-manufact...
News Updated at: 2022/06/17
EPMB joins China-based Sharkgulf and CPSR to produce and sell Blueshark electric motorbike in Malaysia
EPMB joins China-based Sharkgulf and CPSR to produce and sell Blueshark electric motorbike in Malaysia On March 8, 2022, Malaysian auto parts maker EP Manufacturing Bhd (EPMB) signed a memorandum of agreement (MoA) with China-based Sharkgulf Technologies Group Ltd, the developer and manufacturer of the Blueshark brand electric motorbike, and CIS Pride Silver Rock Fund (CPSR) for the new strategic partnership. The signing was also witnessed by the...
News Updated at: 2022/03/10
AP Honda launches all-new PCX 160 and all-new Wave 110i 2021 motorbikes in Thailand
onda Thailand officially introduced the all-new Honda PCX160 and the all-new Wave 110i 2021, with starting prices of THB 85,900 and THB 36,900 accordingly. The all-new Honda PCX160 is the world’s latest premium A.T motorcycle that has been developed under the concept of “The Next Chapter of The Pride” to be the top in all aspects. Not only the new design that perfectly blends sporty look and luxurious touch, the new model also comes with a ...
News Updated at: 2021/01/11
Tesla receives 150 orders for Semi truck from PGE, with option for 350 more
Tesla receives 150 orders for Semi truck from PGE, with option for 350 more On November 4, Pride Group Enterprises (PGE) announced that it has reserved 150 Tesla Electric Semis with the option to increase the order to a total of 500 trucks. Pride Group Enterprises CEO, Sam Johal, announced that the company has placed a deposit to secure the initial 150 units and build order slots for 350 more.To support the arrival of these units and all-electri...
News Updated at: 2020/11/06
Next Nissan CEO makes debut at event for media
Next Nissan CEO makes debut at event for media Makoto Uchida, Senior Vice President of Nissan Motor Co., Ltd. (Nissan), who was appointed to become the next CEO, appeared at a press event held at the company’s head office in Yokohama City, Kanagawa Prefecture, on October 22. He told the press his ambitions, “I pride myself on leading Nissan to the next era as its CEO.” It was the first official occasion for him to attend after October 8 whe...
News Updated at: 2019/10/24
Vauxhall celebrates world premiere of all-new British-built Vivaro van
Vauxhall celebrates world premiere of all-new British-built Vivaro van On April 30, Vauxhall informed that it is celebrating its return to the CV Show in style with the world premiere of the all-new British-built Vivaro van. Taking pride of place on the Vauxhall stand (EC40) at the NEC Birmingham and wowing UK show goers for the first time, the Luton-built Vivaro is shown in both panel van and doublecab body styles. Vauxhall’s all-new Vivaro, w...
News Updated at: 2019/04/30
BJEV to launch EX3 SUV at 2019 Shanghai Auto Show
to Show to be held in April. The EX3 has been showcased at the 2018 Guangzhou Auto Show.The vehicle is 4,200 mm long, 1,780 mm wide, 1,638 mm high, and has a wheelbase of 2,585 mm.It is powered by a traction motor that has an output of 218 hp (160 kW), mated to a ternary lithium battery produced by Pride-Power or CATL. According to previous reports, the vehicle has an urban NEDC range of 550 km, and a range of 600 km when operated at a constant s...
News Updated at: 2019/03/06
CATL, BJEV, and Pride-Power sign a five-year power battery cooperation agreement
CATL, BJEV, and Pride-Power sign a five-year power battery cooperation agreement On February 25, CATL announced that it has signed a mid- to long-term strategic cooperation agreement (2019-2023) with Beijing New Energy Vehicle Co., Ltd. (BJEV) and Pride-Power. The partners will collaborate on NEV battery pack procurement cost limits, pricing and new power battery packs for the next five years.According to the agreement, CATL and Pride-Power will ...
News Updated at: 2019/03/01
Vinfast announces most popular designs for EV and compact car
signs, the IDG EV A and IDG ICE A designs were the top performers with a vote of 22.8% and 21% respectively. Compared with the remaining 34 models, these 2 designs excel in beauty and fashion. In particular, both models carry the iconic "V" symbol flying up on the car head, denoting inspiration and pride of Vietnam. VinFast will launch its electric car and small car by the end of 2019. The company will also launch two models of sedans and SUVs, w...
News Updated at: 2018/03/23
PRIDE POWER to provide 38,000 power batteries to BJEV
PRIDE POWER to provide 38,000 power batteries to BJEV On March 16 PRIDE POWER, a wholly owned subsidiary of Guangdong Dongfang Precision Science & Technology Co., Ltd. (Dongfang Precision) announced that it will sign a purchase agreement with Beijing Electric Vehicle Co., Ltd. (BJEV) in Beijing in March 2018. BJEV will spend about CNY 1.869 billion to purchase approximately 38,000 power batteries from PRIDE POWER during the period from January to...
News Updated at: 2018/03/20
Beijing Pride Power Systems signs contract for CNY 1.87 billion new order
Beijing Pride Power Systems signs contract for CNY 1.87 billion new order On March 16, 2018, Beijing Pride Power Systems Technology Co., Ltd. signed a new contract with Beijing Electric Vehicle Co., Ltd. for sale in the first half of 2018. According to the agreement, Beijing Electric Vehicle will purchase 38,000 drive batteries from Beijing Pride Power Systems in six months from January to June 2018. The total contract amount is Chinese yuan (CNY...
News Updated at: 2018/03/19
Honda Cars India introduces special editions of City, Amaze and WR-V
Honda Cars India introduces special editions of City, Amaze and WR-V On January 11, Honda Cars India (HCIL) announced the introduction of special editions of three of its models Honda City, Honda Amaze and Honda WR-V. These special editions include Honda City 20th Anniversary Edition, Honda Amaze Pride Edition and Honda WR-V Edge Edition. In order to commemorate 20 successful years for Honda City business in India, a special 20th Anniversary edi...
News Updated at: 2018/01/11
Beijing Pride Power Systems Technology to supply over 70% of power batteries of Beijing Automotive Group
Beijing Pride Power Systems Technology to supply over 70% of power batteries of Beijing Automotive Group Beijing Pride Power Systems Technology Co., Ltd., Beijing Automotive Group Co., Ltd., Contemporary Amperex Technology Co., Ltd., and Pulead Technology Industry Co., Ltd. recently signed a strategic alliance framework agreement. The companies are going to work closely together on the development of the products in the area of new energy batteri...
News Updated at: 2018/01/08
Beijing Automotive forms alliance with Beijing Pride Power Systems Technology and two other corporations
Beijing Automotive forms alliance with Beijing Pride Power Systems Technology and two other corporations Beijing Automotive Group Co., Ltd. signed a strategic alliance agreement with Contemporary Amperex Technology Co., Ltd., Pulead Technology Industry Co., Ltd. and Beijing Pride Power Systems Technology Co., Ltd. on December 15, 2017. Beijing Automotive has agreed to grant a preferential status to Beijing Pride Power Systems Technology as a batt...
News Updated at: 2017/12/22
Lumax group unveils new logo, vision and brand identity
akeholders have absolute trust”, will give further thrust to the growth. The Lumax typeface has been handcrafted and enhanced while retaining its character and legacy of trust and high performance. Red is the colour of passion and energy. It has always been the flagship brand’s colour and takes pride of place in the group brand’s new logo. Lumax Group stock exchange filing...
News Updated at: 2017/11/09
Kia Motors to launch small CUV in South Korea
Kia Motors to launch small CUV in South Korea In an earnings statement on January 25, Kia Motors said that it plans to launch a crossover utility vehicle (CUV) in South Korea in 2017. The model will be based on its Pride (Rio) sedan.Without offering more details, Kia also said it planned to introduce the CUV in Europe in 2017.(Based on multiple sources)...
News Updated at: 2017/01/27
Aston Martin unveils DBX SUV concept at Geneva Motor Show
ays.“A concept car such as this should, in my view, challenge conventional thinking and explore the art of the possible. In the DBX Concept, I believe we have created a new type of luxury car that can not only broaden the appeal of Aston Martin to a whole new generation of customers, but sit with pride alongside the rest of our range," Aston Martin CEO, Andy Palmer said. [Aston Martin DBX Concept]...
News Updated at: 2015/03/06
Guiyang Wanjiang Aviation Electromechanical to supply wiper products to Iranian supplier
subsidiary of Guizhou Guihang Automotive Components Co., Ltd., announced that it has won a contract from Deltamix, which is a wholly owned subsidiary of STAM-SANAT, an Iranian auto parts supplier. It will provide wiper arms for the Peugeot 206, and wiper blades for both the Peugeot 405 and the Kia Pride. These vehicles will be sold in Iran. Guiyang Wanjiang Aviation Electromechanical has also reached an agreement with Iran Khodro Company (IKCO),...
News Updated at: 2014/11/12