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Kia honored with dual accolades at 2024 Newsweek World's Greatest Auto Disruptors Awards

-  Head of Kia Global Design, Karim Habib, named 'Designer Disruptor of the Year' for groundbreaking 'Opposites United' design philosophy -  Kia EV9 awarded 'Research and Development Disruptor of the Year' for innovative applications of advanced technologies -  Newsweek awards, now in their third year, recognize those driving fundamental, transformative change with measurable real-world results -  Awards are latest in long line of recognition for innovative Hyundai Motor Group products and personnel NEW YORK, March 28, 2024 /PRNewswire/ -- Kia is celebrating victory in two key categories at this year's Newsweek World's Greatest Auto Disruptors Awards, with the all-electric EV9 winning 'Research and Development Disruptor of the Year' and its Head of Kia Global Design, Executive Vice President Karim Habib, named 'Design Disruptor of the Year'. Kia honored with dual accolades at 2024 Newsweek World’s Greatest Auto Disruptors Awards (Photo by Natalie Jane) These latest accolades follow on from previous Hyundai Motor Group successes, including 2022 wins in the 'R&D Team of the Year' and 'Powertrain of the Year' categories, as well as individual honors for Executive Chair Euisun Chung - named 'Visionary of the Year' in 2022 – and Chief Creative Officer Luc Donckerwolke – named 'Designer of the Year' in 2023. Announced during an event at Newsweek HQ in New York, the World's Greatest Auto Disruptors Awards recognize those driving fundamental, transformative change with measurable real-world results. A central figure in Kia's success since his arrival in 2019, EVP Karim Habib is the driving force behind the brand's award-winning Opposites United design philosophy. Taking inspiration from the contrasts found in nature and humanity, Opposites United shapes the exterior, interior, color, and materials employed across all new Kia models, and is particularly evident in the striking styling of the all-electric EV9. Speaking upon the announcement of his award, EVP Karim said: "It makes me extremely happy that Kia is seen as pushing the boundaries when it comes to design, and I believe that it is essential for designers to consistently take creative risks. "It is important that design remains authentic and true to our brand values. At Kia, an innovative and forward-thinking mindset is an intrinsic quality, essential for providing relevant and meaningful products and experiences. We want our brand to provide environmentally responsible mobility for all; and we want our brand to be a symbol of innovation and progressive solutions." Winner of Kia's second award of the evening, for 'Research and Development Disruptor of the Year', the Kia EV9 features multiple innovative R&D features including 800V architecture, Over The Air (OTA)[1] update technology, and a drag coefficient of just 0.28 - despite its available 7.8 inches of ground clearance and seven-seat capacity. With an affordable entry price and an EPA-estimated 304-mile range on the Light Long Range RWD[2], the Kia EV9 brings next generation technology, luxury, and efficiency to more buyers than ever before. Heuiwon Yang, President and Head of Kia R&D Division, said: "Kia R&D is driven by process, but not limited by it. At Kia, that means our engineers have the agency and trust to accelerate development, continue to pioneer new technology, and deliver improvements faster than the industry average. "The EV9 was designed to reshape expectations in the segment, but affordability is a defining factor in the three-row mainstream segment—especially for growing families. We wanted the EV9 to offer the best of everything, without passing on those costs to the consumer." A key vehicle for the North American market, the EV9 recently followed in the footsteps of the EV6 in being crowned North American Utility Vehicle of the Year™. The success of the model has also prompted the expansion of Kia's West Point assembly plant in Georgia, which is expected to allow the three-row all-electric vehicle to become the first Kia EV to commence US assembly later this year. Receiving the award on behalf of Kia, President and CEO of Kia North America and Kia America Seungkyu (Sean) Yoon added: "The recognition of Newsweek's editors is of particular significance to Kia, which strives to disrupt the status quo through innovative products which enrich the lives of their users. "These dual awards demonstrate that the visionary leadership offered by our senior executives is having a real and meaningful impact on the vehicles which we create, delivering on Kia's goal to become the leader in sustainable mobility solutions." − END − ※ Editor's note:. Product specifications and availability may also vary depending on the region and country. [1] Over-the-Air features and updates may require an additional cost and may vary by model, model year, and trim level. Features, specifications, and fees are subject to change. Kia Connect subscription is required and Kia Connect terms and conditions apply.[2] Based on combined (city/highway) EPA estimates on a full battery charge. Actual range will vary with options, driving conditions, driving habits, vehicle maintenance, charging practice, battery age, weather, temperature and your vehicle's condition. Battery capacity will decrease with time and use. For more information on range, please see www.fueleconomy.gov

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 329 加入收藏 :
Cheche CEO Lei Zhang Highlights the Strategic High Ground of Car Insurance for Auto Makers at China EV100

BEIJING, March 27, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that Lei Zhang, Founder and co-CEO of Cheche Group, delivered a speech at the recent China EV100 Forum encapsulating the state of the industry and sharing his expectations for the future. China EV100 is a non-profit policy and academic research institution, focused on the field of electric vehicles across disciplines, industries, sectors, and ownership. It is regarded as China's primary third-party think tank in the field of electric vehicles. The 2024 China EV100 Forum was held from March 15th to the 17th in Beijing, focused on consolidating and expanding the advantages of new energy vehicle ("NEV") development. The Forum attracted industry leaders, experts, and scholars, such as Wang Chuanfu, Chairman of BYD; Wang Jun, President of Changan Automobile; An Conghui, President of Geely Holding Group and CEO of ZEEKR Intelligent Technology Holding Limited; Li Bin, Founder, Chairman and CEO of NIO; He Xiaopeng, Chairman and CEO of Xpeng Motors; Yu Chengdong, Managing Director of Huawei; CEO of Consumer BG and Chairman of Smart Car Solutions Business Unit; Yu Kai, Founder and CEO of Horizon; Zhou Daoxu, Director of the Financial Security Research Center; Wan Gang, Chairman of the China Association for Science and Technology, and others convened to discuss the development trends and challenges of the NEV industry. Remarks frequently underscored the complex and at times conflicting relationships among car makers that challenge them to simultaneously compete and collaborate. During his keynote speech, Mr. Zhang addressed the current status and development trends of the NEV insurance market, noting that, according to Soochow Securities, the number of NEVs in China is estimated to reach 36.9 million by 2025, with insurance premiums reaching RMB186.5 billion. He went on to say, "The rapid development of NEVs has made auto insurance one of the largest expenses for consumers after the cost of the vehicle. The annual expense is much higher than the costs of charging and maintenance, and as a result, auto makers are increasingly focused on alternatives to strategically deploy insurance. Many auto makers, such as NIO and BMW, have established insurance brokerage companies, with BYD actually acquiring an insurance company. The established insurance companies, in turn, attach great importance to the NEV business and have ramped up investment in science and technology. Top leaders such as PICC, Ping An, China Pacific (CPIC), among others, have set up an independent science and technology entity to conduct special research on insurance for NEVs." Mr. Zhang went on to illustrate how intelligently connected cars have transformed insurance into an integrated comprehensive service that provides charging, maintenance, 5G network, video and audio-visual subscriptions. Gone are the days of it being a simple financial product. The popularity of autonomous driving has also ushered in new challenges in the division of accident liability. These changes have prompted insurance companies, auto makers, and technology companies to invest significant resources into research and innovation. He expects auto insurance directly sold by auto makers to drive change in three major ways. Through direct selling of auto insurance, auto makers will be able capture 35% of the accessories/spare parts sales income from aftermarket services, versus 20% with the old model. Direct auto insurance will not only bring front-end commission income to auto makers with insurance licenses, but it will help to increase the rate of back end working hours and spare part costs. And third, repair claims will be seamlessly initiated at the time of impact, ensuring the accident vehicles are fixed within the auto maker's authorized network. Cheche's self-developed cornerstone system, its core auto insurance transaction platform, has direct links to both auto makers and insurance companies, expanding the digital insurance capabilities of manufacturers. Car owners can apply for insurance independently through the auto maker's app or through the vehicle's display, which greatly reduces the need for intermediate entities and improves the convenience and efficiency of insurance. Through digital services, Cheche provides auto makers comprehensive and personalized insurance solutions, including new car insurance, one-click renewal, smart claims, and other services. Cheche works with insurance companies to simplify the process off initiating a claim. Car owners need only to click on the mobile app or vehicle display to complete the claim application, improving settlement efficiency. Embedded SaaS functions enable features such as one-click insurance to transmit audio and video data of the accident scene in real time so that the car owner is swiftly apprised of the assessed cost. He concluded that collaboration from all parties is necessary to strengthen the industry, foster innovation, and pave a successful path forward to ensure the continued appeal and sustainable development of NEVs. China EV100 will continue to hold a series of industry conferences and conduct research focused on automotive industry policy, cutting-edge technology, supply chain issues, and cross-border integration throughout the year. These results will provide valuable insight and help to guide the continued development of China's NEV industry. About Cheche Group Inc. Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 110 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in auto insurance transaction services, Cheche has evolved into a comprehensive, data-driven technology platform that offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions in China. Learn more at https://www.chechegroup.com/en. Cheche Group Inc.: IR@chechegroup.com Crocker Coulsoncrocker.coulson@aummedia.org(646) 652-7185

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 90 加入收藏 :
The Digital Cockpit Domain Controller is Rapidly Gaining Popularity with Auto OEMs, Reaching 45 Million Shipments by 2030

LONDON, March 20, 2024 /PRNewswire/ -- Quickening innovation across the entire technology space and a need for cost reduction in the automotive industry has driven automotive Original Equipment Manufacturers (OEMs) to explore the consolidation of different domains and Electronic Control Units (ECUs) within a single Cockpit Domain Controller (CDC). According to a new report from global technology intelligence firm ABI Research, worldwide shipments of CDCs will reach 45 million by 2030, growing at a CAGR of 72%. The cost efficiencies of space, weight, and wiring reduction are one of the primary drivers of this growth. "We are seeing a global appetite for consolidation, ranging from infotainment with instrument clusters to incorporating high-level Advanced Driver-Assistance Systems (ADAS) features. Additionally, the effects of mixed-criticality systems don't stop after the vehicle leaves the production line – it has implications for vehicle software maintenance and upgrading across its whole lifecycle. OEMs, Tier 1s, and silicon providers need to re-evaluate and restructure their organizational interaction to realize this trend's potential fully," explains Abu Miah, Smart Mobility & Automotive Analyst at ABI Research. Growth in cockpit domain controllers will be concentrated in the APAC region, owing to Chinese OEMs innovating at faster production cycles than their Western counterparts and realizing the benefits of mixed-criticality earlier. APAC is expected to account for over 60% of CDC shipments in 2024, with OEMs such as Great Wall Motors and Hongqi having multiple models with CDCs since 2019. One key enabling technology of mixed-criticality systems is the hypervisor. The Blackberry QNX Hypervisor is leading the automotive market. However, stakeholders note the potential of open-source projects like the Xen Hypervisor as the developer community collaborates toward ASIL-D safety certification. "A close level of integration between OEMs and their partners is essential to address mixed-criticality requirements in the short to long term for vehicles currently being shipped. All vendors must understand the needs of their OEM partners to build and update their solutions accordingly and proactively prepare for change as the automotive industry continues the transition toward a Software-Defined Vehicle," Miah concludes. These findings are from ABI Research's Accommodating Mixed-Criticality Compute in Digital Cockpit Domain Controllers application analysis report. This report is part of the company's Smart Mobility and Automotive research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present an in-depth analysis of key market trends and factors for a specific technology. About ABI Research ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers. ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。 For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com. Contact Info:  Global                                                              Deborah Petrara                                                           Tel: +1.516.624.2558                                                    pr@abiresearch.com                                                    

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 109 加入收藏 :
MingZhu Logistics Signs Non-Binding Letter of Intent to Acquire Driverless Auto Technologies and Intellectual Property Portfolio Valued Between US$80 Million and US$90 Million

SHENZHEN, China, March 4, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has signed a non-binding letter of intent (the "LOI") to acquire driverless auto technologies and intellectual property ("IP") portfolio valued between US$80 million and US$90 million. The sellers are The Carbonomi Trust and CYF (BVI) Limited (the "Sellers"). The Company plans to conduct further due diligence on the IP portfolio and negotiate a definitive agreement. However, neither party is under any obligation to enter into or continue negotiations regarding a definitive agreement relating to the transaction. The potential acquisition is part of Mingzhu's previously announced strategic plan, under which the Company announced its intention to expand and diversify its transportation and logistics business as part of a long-term growth strategy. This includes working to accelerate growth through its organic operating businesses and through the addition of complementary businesses that it believes can be leveraged to further accelerate growth and increase overall operating efficiencies. Upon completion of the contemplated acquisition, the Company is planning on further expanding its business focus to include 1) Generative AI Large Language Model (LLM) based copilot software for drivers and its operating platform, 2) Artificial General Intelligence (AGI) based driverless technology and related operating platforms for off road closed scenarios, including mines, ports, agriculture, construction, forklifts, engineering equipment, robots and more. The development efforts for these technologies and execution of the go-to-market strategy is expected to be led by qualified project managers and engineers mainly from the UK, Japan and the U.S. Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu, commented, "We are very excited about this potential acquisition. Given the significant revenue contribution from our core transportation and logistics businesses, we are always focused on expanding growth and increasing operating efficiencies for both MingZhu and our customers. Over the past few years, there has been a lot of interest, investment and development in driverless auto technologies. We have taken a conservative approach in deploying these systems across our logistics platform and fleets in order to allow time for the refinement and achievement of necessary safety and reliability benchmarks. The market has now reached a point in its development where we believe it is viable and it makes sense to move forward with our long-term deployment plans." Mr. Yang continued, "Based on our initial due diligence, we have a high level of confidence in the long-term potential for this portfolio of driverless auto technologies and we expect it to add considerable value to both MingZhu and our customers. We believe the acquisition of this technology and intellectual property portfolio will firmly position MingZhu for success and sustained growth in what has become a rapidly expanding, high-value global market in long term. Separately, we are excited to have the opportunity to gain control of this IP portfolio, which we believe represents the next stage of evolution for the logistics industry, in both urban and suburban settings." About MingZhu Logistics Holdings Limited (NASDAQ: YGMZ) Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company's regional logistics terminals in Guangdong Province and Xinjiang Autonomous Region, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic coverage across the country by a combination of self-owned fleets tractors and trailers and subcontractors' fleets. For more information, please visit ir.szygmz.com. Forward-Looking Statements The statements in this press release regarding the Company's future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, future events, expected performance, assumptions and any other statements of fact that have not occurred. Any statements that contain the words "may", "will", "want", "should", "believe", "expect", "anticipate", "estimate", "calculate" or similar statements that are not factual in nature are to be considered forward-looking statements. Actual results may differ materially from historical results or from those expressed in these forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, the Company's strategic objectives, the Company's future plans, market demand and user acceptance of the Company's products or services, technological advances, economic trends, the growth of the trucking services market in China, the Company's reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, fluctuations in China's macroeconomic conditions, and the risks and assumptions disclosed in the Company's reports provided to the CSRC (China Security Regulatory Commission). For these and other related reasons, we advise investors not to place any reliance on these forward-looking statements, and we urge investors to review the Company's relevant SEC filings for additional factors that may affect the Company's future results of operations. The Company undertakes no obligation to publicly revise these forward-looking statements subsequent to the filing of these documents as a result of changes in particular events or circumstances.

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 135 加入收藏 :
NaaS Technology Collaborates with Geely Auto to Provide Millions of EV Owners with More Accessible Charging Services

BEIJING, March 1, 2024 /PRNewswire/ -- Lately, NaaS Technology (NASDAQ: NAAS), the first US listed EV charging service company in China, announced a partnership with Geely Holding Group Automobile Sales Co., Ltd. (hereinafter referred to as Geely Auto), whereby the two parties will, through cooperation in connectivity of charging facilities, station data, payment service and plug and charge, facilitate Geely Auto to further improve charging service network and ease charging of Geely EVs. As agreed, NaaS and its strategic partner Kuaidian will jointly give Geely EV owners access to a multitude of charging piles dotted around the country. This cooperation covers EVs of Yinhe and Lynk among other brands of Geely. Using "one-click pile searching", "one-click charging", "one-click payment" and other convenient features at Geely Auto app, mini program and Kuaidian app, EV owners can enjoy more efficient charging and service. NaaS has already worked with ZEEKR, a luxury intelligent BEV brand of Geely Auto, to provide accessible charging services for millions of car owners. Wu Chao, at the helm of Charging BU at Geely Auto, said, "Green and sustainable development of transport has become a consensus in the international community. Teaming up with NaaS, we plan to optimize charging service experience and strengthen cooperation in charging service industry chain. By improving energy supply network and innovating charging service, we take aim at satisfying flexible and diversified charging demands of car owners and impressing Geely EV owners by easy and worry-free green mobility experience, thus boosting high-quality development of EV industry." Liang Xing, VP of NaaS concurred, "Charging service experience has a bearing on the quality of development of the EV industry. By leveraging developed charging solutions as well as extensive resources and experience built up on charging service market, NaaS vows to help more automakers like Geely to make EV charging more accessible, and jointly bring EV charging service to a new level." In recent years, Geely Auto has been stepping up new energy and intelligent transformation, with overall arrangements made in hybrid, BEV, battery swapping, methanol, and many other technological paths. With EV models covering all market segments, Geely cements its preeminence on the EV market. Geely Auto's sales data in January 2024 shows a year-on-year increase of 110% and 591% in single-month sales and EV sales respectively, amounting to 213,000 and 65,800. In 2023, Geely made solid progress in accelerating new energy transformation on all fronts, as evidenced by 18% increase and 48% increase of sales and EV sales respectively to 1.68 million and 487,000 in the year. According to Xinhua News Agency, on Feb. 29, the Political Bureau of the CPC Central Committee pointed out that it is necessary to promote the intelligent transformation of electrical grid infrastructure and the construction of smart microgrids, improve electrical grids' ability to accept, allocate and regulate clean energy, and accelerate the establishment of charging infrastructure network system to support the rapid development of EVs. NaaS, a new energy asset operator, provides one-stop industry chain service package from charging station siting consultation, EPC, operation and maintenance, energy storage, PV, to autonomous charging robot inclusive, and boosts industrial efficiency by dint of digital technologies and AI. As of September 30, 2023, NaaS connected over 767,000 chargers covering 73,000 charging stations. In the third quarter of 2023, NaaS' charging volume leaped 66% year over year to 1.383 billion kWh, representing 21.8% of the public charging volume in China. For media enquiries, please contact: Sabrina Wang, Email: wangxuedong@newlink.com. 

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 783 加入收藏 :
SunCar Technology Group Inc. Announces Business Cooperation with Li Auto for Advanced System Software Development

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced a new business cooperation (the "Agreement") through its wholly owned subsidiary, Shanghai Chengle Network Technology Co., Ltd. with Beijing Li Auto Insurance Brokerage Company ("Li Auto Insurance"). This partnership focuses on developing a state-of-the-art information technology system for insurance brokerage, symbolizing a significant stride in technological advancement and operational efficiency within the insurance sector. This Agreement has a total consideration of RMB 1.74 million (approximately USD 0.24 million). Under this Agreement, SunCar and Li Auto Insurance are set to collaborate on developing the 'Li Auto Insurance's Broker System'. This cutting-edge project, slated for completion by November 15, 2024, entails a comprehensive software solution to streamline brokerage operations, enhance procurement workflows, and provide a seamless operational experience. SunCar will lead the design and development phases and deploy a robust software solution tailored to Li Auto Insurance's needs. Beyond the development stage, SunCar will provide six months of operational services, ensuring the system's continuous functionality and offering ongoing assistance to optimize performance and efficiency. SunCar will also provide life-long free maintenance and technical support to the system. This collaboration underscores SunCar's technological prowess and innovative capabilities to serve its customers within the insurance industry and sets new standards in the insurance brokerage sector. SunCar aims to significantly enhance Li Auto Insurance's operational efficiency and service quality by providing a resilient and customized software solution. Mr. Ye Zaichang, Chairman and CEO of SunCar, commented, "We are excited to embark on this new venture with Li Auto Insurance. This partnership demonstrates our software development and IT solutions capabilities and reinforces our commitment to embedding innovation within the insurance industry. We are confident that Li Auto Insurance's Broker System will deliver exceptional value to Li Auto Insurance with operational excellence and set a benchmark for technology-driven solutions in insurance brokerage." About SunCar Technology Group Inc. Originally founded in 2007, SunCar is transforming the customer journey for car insurance and aftermarket services in China, the largest passenger vehicle market in the world. SunCar develops and operates online platforms that seamlessly connect drivers with a wide range of automotive services and insurance coverage options through a nationwide network of provider partners. As a result, SunCar has established itself as the leader in China in the B2B automotive after-sales services market and the online insurance market for electric vehicles. The Company's multi-tenant, cloud-based platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: https://suncartech.com.  Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission. Contact Information: SunCar:Investor Relations: Ms. Hui JiangEmail: IR@suncartech.com Legal: Ms. Li ChenEmail: chenli@suncartech.com U.S. Investor RelationsMatthew Abenante, IRCPresidentStrategic Investor Relations, LLCTel: 347-947-2093Email: matthew@strategic-ir.com

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 192 加入收藏 :
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