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WeRide's Nasdaq IPO Amidst U.S.-China Autonomous Vehicle Tensions
Automotive & Aerospace WeRide's Nasdaq IPO Amidst U.S.-China Autonomous Vehicle Tensions

WeRide, the Chinese autonomous driving company headquartered in Guangzhou, is gearing up for an initial public offering (IPO) on the Nasdaq stock exchange. The company plans to offer 6.45 million American depositary shares (ADS) within a price range of $15.50 to $18.50. This IPO filing was

August 14, 2024
Wialon Surpasses 4 Million Connected Vehicles in Global Fleet Network
Automotive & Aerospace Wialon Surpasses 4 Million Connected Vehicles in Global Fleet Network

Wialon, a fleet management and IoT platform developed by the European company Gurtam, has achieved a remarkable milestone by connecting over four million vehicles across 160 countries. This landmark achievement establishes Wialon as a leader in the global fleet management and GPS tracking industry.

August 14, 2024
Can South Africa Lead the Electric Vehicle Revolution in Africa?
Automotive & Aerospace Can South Africa Lead the Electric Vehicle Revolution in Africa?

The South African automotive industry has long been a cornerstone of the nation's economy, creating jobs and driving economic growth. Today, as the world turns its attention to sustainable and cleaner modes of transportation, South Africa finds itself at a critical juncture. The question

August 14, 2024
Bassett Furniture Admits Cyberattack's Material Impact on Operations
Manufacturing Bassett Furniture Admits Cyberattack's Material Impact on Operations

In a notable deviation from the norm, Bassett Furniture Industries, a major U.S. furniture manufacturer, has publicly acknowledged that a recent ransomware attack will have a material impact on its business operations until recovery is complete. This announcement marks the first time a company has

August 13, 2024
How Does Lassonde's Expansion Enhance Sustainability and Growth?
Manufacturing How Does Lassonde's Expansion Enhance Sustainability and Growth?

Lassonde Industries, a prominent agri-food company based in Canada, has made a significant move to enhance its presence in the United States by investing $53 million in upgrading its beverage manufacturing facility in Hendersonville, North Carolina. This major investment marks a substantial

August 13, 2024
Yeida to Develop 200-Acre Electronics Manufacturing Hub in Sector 10
Electronics & Equipment Yeida to Develop 200-Acre Electronics Manufacturing Hub in Sector 10

The Yamuna Expressway Industrial Development Authority (Yeida) is embarking on a transformative project to develop a 200-acre Electronic Manufacturing Cluster (EMC) in Sector 10 along the Yamuna Expressway. This expansive initiative is poised to stimulate the local economy, create myriad job

August 13, 2024
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