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Yutong Bus Shows Steady Growth with Expected Net Profit to Grow US$7.87 Million to $23.61 Million for 2021, A 10% to 30% YoY Increase

By asianet

Yutong Bus Co., Ltd. (“Yutong”, SHA: 600066), a world leading commercial vehicle manufacturer, has bucked China’s bus market trend by completing its self-challenge achievement of 0.17% revenue growth for 2021. The company made 42,065 buses last year, a slight 0.2% increase from the previous year, while bus sales reached 41,828 recording a 0.17% YoY increase, … Continued

Polyplastics Introduces Innovative Bonding Technology to Join Different Resin Materials

By asianet

Polyplastics Co. Ltd., a leading global supplier of engineering thermoplastics, has introduced an innovative bonding technology that is unlike traditional joining methods such as plastics welding or adhesion. AKI-Lock (R) has few restrictions on the materials that can be used and forms strong, airtight bonds with combinations of different materials for which bonding had previously … Continued

Gartner Mentions FarEye in the 2021 Market Guide for Vehicle Routing & Scheduling and Last Mile Technologies for the Fourth Time in a Row

By asianet

FarEye [ https://www.getfareye.com/ ], a global SaaS platform transforming last-mile logistics, has been recognised as a Representative Vendor in Gartner(R) Market Guide for Vehicle Routing and Scheduling and Last-Mile Technologies, 2021*. This is the fourth consecutive mention for FarEye in the reputed Market Guide, published on 13 December 2021. Per Gartner, “The market for vehicle … Continued

International Automotive Executive Joins SEA Electric as CFO

By asianet

– SEA Electric welcomes Phillip Tighe as the company’s new Chief Financial Officer – Mr Tighe brings to the business more than 45 years of automotive industry experience – This is SEA Electric’s first major announcement in 2022 ahead of an exciting year for the automotive innovation leader Global e-Mobility technology company SEA Electric is … Continued

GWM Hit a New Record in 2021 with 15% Sales Growth

By asianet

GWM released the latest sales data on January 6 that the company registered a volume of nearly 1.3 million vehicles in 2021, up 15.2% year-on-year, which marks the new record that the sales have been more than one million units for six consecutive years. Under the challenging conditions of the global pandemic, GWM has still … Continued

Ridgewood Infrastructure Announces Acquisition of APP Jet Center

By asianet

Ridgewood Infrastructure LLC (“Ridgewood”), a leading infrastructure investor in the U.S., today announced the acquisition of APP Jet Center, a fixed–base operator (“FBO”) that owns and operates essential aviation infrastructure. Logo – https://mma.prnewswire.com/media/1163658/Ridgewood_Logo.jpg “APP has an outstanding business model, centered on providing exceptional service to its long-standing and high-quality customer base,” said Ryan Stewart, Partner … Continued