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DUBAi, UAE, Dec. 8, 2023 /PRNewswire/ -- NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN" or the "Company"), is thrilled to announce a landmark Memorandum of Understanding (MOU) with China State Construction Engineering Corporation (Middle East) LLC (CSCEC), marking a significant stride in international cooperation and sustainable development. This partnership sets a new precedent in the pursuit of advancements in new energy vehicles and green hydrogen projects. NWTN China Construction MOU Signing This pivotal agreement, witnessed by Wang Shaofeng, President of CSCEC Middle East, and Alan Nan, Chairman and Chief Executive Officer of NWTN, was formalized between Wei Chuaihai, Vice President of CSCEC Middle East, and Faris AI Yafei, Director of Strategic Cooperation of NWTN. The signing ceremony took place at the NWTN booth in the COP28 Green Zone, Dubai Expo City, and was graced by the presence of H.E. Omar Ahmed Suwaina Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology (MOIAT). The signing ceremony was attended by notable figures including Ma Wenlong, Vice President of CSCEC Middle East; Guo Haizhou, President Assistant of CSCEC Middle East; Paul Lin, NWTN Group Automotive Business President; and Steven Cao, NWTN Group Vice President and Chief Marketing Officer. Scope and Objective of Cooperation This strategic partnership encompasses extensive collaboration in market development and business promotion across diverse regions, including East Asia, North Africa, and Southeast Asia. The primary objective is to leverage each company's industry position and technological prowess to propel the development of innovative and sustainable projects, significantly enhancing both companies' market competitiveness and brand influence. Comprehensive Collaboration Framework Under the terms of the MOU, CSCEC will manage the comprehensive project construction process, including planning, feasibility studies, general contracting, and project financing assistance. In parallel, NWTN will focus on project investment and operations, harnessing its market and product advantages to boost the sales and market expansion of new energy vehicles and green hydrogen projects. Commitment to Sustainable Development This collaboration epitomizes our commitment to sustainable development and environmental protection. By combining CSCEC's construction and management expertise with NWTN Inc.'s innovative technology in new energy vehicles and green hydrogen, we aim to set new standards in the industry. Future Prospects This MOU is just the beginning of a fruitful and long-lasting partnership. Both parties have established a regular communication and exchange system, ensuring the smooth progress of joint projects. Further, each company recognizes the other as a strategic partner in their respective countries, committed to the success of this collaboration. NWTN is excited to embark on this journey with CSCEC. This partnership not only aligns with its strategic goals but also represents a significant step towards a sustainable future. We are confident that this collaboration will yield remarkable results and set a benchmark in the industry. ABOUT NWTN NWTN is a pioneering green energy company dedicated to providing passenger-focused, premium electric vehicle products and green energy solutions to customers worldwide. Headquartered in Dubai, United Arab Emirates (UAE), NWTN has a full vehicle assembly facility in Abu Dhabi. NWTN is committed to the future of mobility solutions that integrate pioneering design, personalized lifestyles, Internet of Everything (IoT), autonomous driving technology and the eco-system of green energy. In addition to the offering of new energy vehicles, NWTN is exploring opportunities in the entire clean energy value chain, including photovoltaics, green hydrogen power and energy storage in the UAE, the Middle East, North Africa, China, other Asian countries, and Europe. For further information, please visit: www.nwtn.ae FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as "may," "will," "expect," "intend," "anticipate," believe," "estimate" and "continue" or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information. Forward-looking statements are predictions, projections, and other statements about future events (including, but not limited to, the anticipated benefits of its partnerships) that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results (including, but not limited to, the success of NWTN's partnerships in developing clean energy solutions) may differ significantly from those set forth or implied in the forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the risk factors contained in NWTN's filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. Forward-looking statements speak only as of the date they are made. New risks and uncertainties arise over time, and it is not possible NWTN to predict those events or how they may affect NWTN. If a change to the events and circumstances reflected in NWTN's forward-looking statements occurs, NWTN's business, financial condition and operating results may vary materially from those expressed in NWTN's forward-looking statements. Readers are cautioned not to put undue reliance on forward-looking statements, and NWTN assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. NWTN China Construction MOU Signing
GOTHENBURG, Sweden, Dec. 8, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the development of the global product tanker fleet, as well as data about the demand for oil and development of inventory levels. CONTACT: For more information, please contact:Erik LewenhauptCEO, Concordia Maritime AB+46 704-855 188erik.lewenhaupt@concordiamaritime.com The following files are available for download: https://mb.cision.com/Main/1948/3890114/2481123.pdf Concordia Maritime - Press release Market update - 20231207 (PDF) https://news.cision.com/concordia-maritime/i/2023-market-update-dec-linkedin,c3247024 2023 market update dec linkedin
SEOUL, South Korea, Dec. 7, 2023 /PRNewswire/ -- AUTOCRYPT, an industry-leading automotive cybersecurity and mobility solutions company, announced its partnership with Hitachi Solutions, Ltd., a global IT service provider and system integrator. The two companies have agreed to provide joint offerings and consulting services covering V2X and in-vehicle systems security to Japanese automotive OEMs and tier suppliers. The two companies already have a history of collaboration; AUTOCRYPT has been offering its V2X security solution with the option of integrating its security library with Hitachi Solution's V2X Middleware Platform. The formalization of the partnership signifies the continued success of past projects, and seeks to further expand the scope of collaboration beyond V2X to embedded vehicular systems. As vehicles become increasingly software-defined, cybersecurity for in-vehicle systems has become an integral part of automotive production and regulatory compliance. AUTOCRYPT's in-vehicle systems security solution helps OEMs exceed cybersecurity requirements with open-source license management, fuzzing, penetration testing, and threat mitigation, while Hitachi Solutions, Ltd. offers a range of compliance consulting that covers all facets of vehicle production. The partnership will provide an optimized range of solutions for both companies' clients to meet production requirements. "The Japanese automotive industry is one of the largest in the world and is currently undergoing a major transition to a more electrified and software-defined future," said AUTOCRYPT's CEO, Daniel ES Kim. "Through this partnership with Hitachi Solutions, we are excited to offer a more comprehensive V2X and in-vehicle systems security solution with an enhanced support network for our existing and potential clients in Japan." As a global leader in automotive cybersecurity, AUTOCRYPT's goal is not confined to helping clients stay secure and compliant, but to also maximize efficiency by streamlining cybersecurity engineering into the production process. Its newly developed AutoCrypt Security Fuzzer for HIL enables fuzz testing in hardware-in-the-loop (HIL) simulations, greatly reducing vehicle development costs. To learn more about AUTOCRYPT's in-vehicle systems security solutions, contact global@autocrypt.io. About Autocrypt co., Ltd. AUTOCRYPT is the leading player in automotive cybersecurity and smart mobility technologies. It specializes in the development and integration of security software and solutions for in-vehicle systems, V2X communications, Plug&Charge, and fleet management, paving the way towards a secure and reliable C-ITS ecosystem in the age of software-defined vehicles. AUTOCRYPT also provides management and service platforms for the operators and end users of MaaS, contributing to sustainable and universal mobility. About Hitachi Solutions, Ltd. Hitachi Solutions is a core IT company of the Hitachi Group. We deliver products and services of superior value to customers worldwide through key subsidiaries in Asia, the United States and Europe. We have also been providing a variety of solutions globally using cutting-edge digital technologies based on collaborative creation with customers. Together with our partners around the world, we are accelerating Sustainability Transformation (SX) to solve the challenges facing society and business, and contribute to the realisation of a happy society where no one is left behind.
Altair to provide simulation and data analytics tools, and expertise to expedite breakthrough results TROY, Mich., Dec. 7, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced together with JLR and battery manufacturer Danecca, the company has been awarded funding from the U.K. government through the Faraday Battery Challenge. The three companies have developed a consortium to support a research project to develop a new design process for electric vehicles. The project funding comes from UK Research and Innovation, a non-departmental public body sponsored by the Department for Science, Innovation and Technology (DSIT) to support the development of battery technology in the U.K. Altair, JLR, and Danecca have developed a consortium to support a research project to develop a new design process for electric vehicles. The new process will leverage Altair technology to develop vehicle prototypes and the new vehicle models will have a new, lighter body that offers more room for the battery without adding additional weight. The new process will leverage Altair technology to develop vehicle prototypes. The new vehicle models will have a new, lighter body that offers more room for the battery without adding additional weight. JLR will also apply Altair's C123 process, a unique three-stage concept development process for body-in-white structures. They will also perform optimization with Altair® OptiStruct™ – a leading FEA solver in the Altair® HyperWorks® design and simulation platform – utilizing the solution's newly developed electrothermal features. "We are excited to collaborate with JLR and Danecca on this innovative project to support the next generation of electric vehicles, with innovative, efficient designs," said Royston Jones, senior vice president of automotive, Altair. "Altair's simulation and data analytics tools will enable the consortium to develop a new design process of electric vehicles and batteries, which will help make these vehicles lighter and more energy efficient." "We are thrilled to be part of such an innovative project and to have received funding from the U.K. government through the Faraday Battery Challenge," said Paul Haney, battery technology senior manager, JLR. "This research project with Altair and Danecca marks an important step forward in creating electric vehicles that deliver sustainable e-mobility for the future." "By partnering with Altair and JLR on this innovative project, Danecca has the chance to advance the development of electric vehicles and battery technology," said Danson Michael Joseph, managing director, Danecca. "Our expertise in battery manufacturing, combined with Altair's simulation and optimization tools, will enable us to create more efficient battery installations that can power the next generation of electric vehicles." The project runs from Feb. 1, 2023, to Jan. 31, 2025, and will continuously explore how to make improvements through simulation after the components for the prototype vehicles have been ordered. All research results will stay with JLR, Danecca, and Altair after the funded project period and can be used for other customers or projects. For more information, visit https://www.ukri.org/what-we-offer/browse-our-areas-of-investment-and-support/faraday-battery-challenge/. About Altair Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. For more information, visit https://www.altair.com/. Media contacts Altair Corporate Altair Investor Relations Bridget Hagan Monica Gould, The Blueshirt Group +1.216.769.2658 +1 212.871.3927 bhagan@altair.com ir@altair.com Altair Europe/The Middle East/Africa Charlotte Hartmann +49 7031 6208 0 emea-newsroom@altair.com Altair Asia-Pacific Man Wang apac-newsroom@altair.com
TOKYO, Dec. 7, 2023 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereafter "NX China"), a group company of NIPPON EXPRESS HOLDINGS, INC., attended the "2023 China International Freight Forwarder Logistics Industry High Quality Development Forum and China International Freight Forwarder Logistics Industry Development Blue Book Press Conference" held in Tianjin on November 16, 2023. In the 2022 fiscal year rankings of China forwarders announced at the event, NX China came in 15th overall and 1st among Japanese companies. Logo: https://kyodonewsprwire.jp/img/202312043744-O1-swLCKJly Award ceremony:https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202312043744/_prw_PI2fl_6F1pLn87.jpg The China International Freight Forwarders Association (CIFA) is an international forwarding business group with about 600 member companies in mainland China, Hong Kong, and other countries and regions. This press conference, jointly organized by CIFA and the Tianjin Municipal Bureau of Commerce, brought together more than 400 companies and about 800 participants from 22 countries and regions. The forum featured keynote speeches by experts from the logistics industry on further improving the efficiency of trade and digitalizing international logistics, and Jin Peng, General Manager of NX China's Healthcare Branch, spoke as a guest on the NX Group's development and pharmaceutical logistics. The 2022 China International Forwarder Rankings* were also announced, and NX China placed 15th overall (11th for air freight, 30th for ocean freight, 13th for trucking, and 3rd for warehousing) and was the top Japanese company on the list. The NX Group will be helping develop its customers' business activities by further enhancing its logistics functions in China in addition to providing international transport utilizing its global network in order to realize its long-term vision of becoming a logistics company with a strong presence in the global market. *This ranking of international forwarder companies in China, including foreign-owned companies, is based on performance data compiled by China's Ministry of Commerce for the 2022 fiscal year. Nippon Express website: https://www.nipponexpress.com/ Nippon Express Group's official LinkedIn account:https://www.linkedin.com/company/nippon-express-group/
LOS ANGELES, Dec. 7, 2023 /PRNewswire/ -- Segway-Ninebot, a leading provider of innovative mobility solutions, is pleased to announce that its children's electric scooter, the Ninebot e-KickScooter C2 Pro, has received the prestigious Tick Mark certification from Intertek, making it the world's first children's electric scooter to achieve this distinction. Intertek Independently tested Intertek has helped companies around the world to ensure the quality and safety of products, processes, and systems for more than 130 years. The Tick Mark is an independent and impartial product performance verification certification by Intertek. The Intertek Tick Mark certification is specifically designed to provide manufacturers, distributors, and retailers with a unique selling point in the marketplace. It offers consumers reassurance and confidence in their product purchases. The Ninebot e-KickScooter C2 Pro is an electric scooter specially designed for children and teenagers by Segway-Ninebot. The product weighs about 10.7kg and has a maximum load capacity of 60kg. It can reach a maximum speed of 20km/h and has a maximum range of 12 kilometers at full speed. It is one of the most popular children's electric scooters on the market. In addition to obtaining the Tick Mark certificate, this scooter has also passed multiple international certification tests, including SGS, TüV, and EU RoHS. Segway-Ninebot electric kickscooter C2&C2 Pro This is not the first time that Segway-Ninebot has obtained certification from international authoritative organizations. Earlier this year, three electric scooters under Segway-Ninebot, S90L, Max Plus X (SNSC 2.4), and SNSC2.3.3, were awarded the first global life cycle assessment verification statement (referred to as 'LCA verification statement') by TÜV Süd, an internationally renowned certification organization. Segway-Ninebot's innovative short-distance transportation products, such as electric scooters, have gained international recognition for their contribution to global green travel. Several electric scooters under Segway-Ninebot have previously obtained the first batch of EN 17128:2020 standard certification issued by the international authoritative certification organization BV Group and TUV Rheinland, making it the first company in the world to meet the new admission requirements for electric scooters in the European market and obtain certification since the release of EN 17128:2020 standard by the French Standardization Commission (AFNOR). Now, Segway-Ninebot's electric scooters have once again obtained the highly influential Tick Mark certification in the industry, further confirming the technical strength and reliability of Segway-Ninebot's products. In the future, Segway-Ninebot will continue to be committed to driving industry transformation through technological innovation, providing users with more intelligent and convenient innovative short-distance travel products, and also actively promote the construction of industry standards and international development from an industry perspective, contributing to the long-term sustainable and high-quality development of the entire industry.
A12 藝術空間
Transportation/Trucking/Railroad
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