Mobility

SHERIDAN, WYOMING – July 24, 2024 – SHERIDAN, WYOMING – July 24, 2024 – Yokohama Rubber Co., Ltd. (YRC) today announced a definitive agreement to acquire the Off-The-Road (OTR) tire business of The Goodyear Tire & Rubber Company for US$905 million. This strategic move significantly expands YRC's global footprint and reinforces its commitment to growth in the thriving off-highway tire sector.

A Strategic Move to Drive Growth

The acquisition aligns seamlessly with YRC's ambitious Yokohama Transformation 2026 (YX2026) medium-term management plan, which identifies off-highway tires as a key growth driver. By integrating Goodyear's well-established OTR business, YRC gains immediate access to a wider range of products, technologies, and expertise, enabling it to better serve a diverse array of industrial customers.

Expanding Market Reach and Product Portfolio

SHERIDAN, WYOMING – July 23, 2024 – SHERIDAN, WYOMING – July 23, 2024 – Amidst escalating cyber threats targeting global shipping and port operations, Salvador Technologies, a pioneer in cyber-attack recovery solutions for critical infrastructure, announces a surge in demand for its innovative platform from maritime organizations. The company's expansion is further fueled by a strategic partnership with the Innovation Center at Israel's Port of Ashdod, opening doors to major ports and terminals across the United States, Europe, and Southeast Asia.

The Growing Cyber Threat to Maritime Operations

SHERIDAN, WYOMING – July 16, 2024 – SHERIDAN, WYOMING – July 16, 2024 – SAIC Motor Corporation Limited, a global automotive leader, today announced robust sales figures for May 2024, further solidifying its position as an industry frontrunner. The company reported wholesale sales of 332,000 units and customer deliveries of 347,000 units, demonstrating continued growth and market dominance.

Strategic Focus Fuels Growth:

SHERIDAN, WYOMING – July 16, 2024 – SHERIDAN, WYOMING – July 16, 2024 – SAIC Motor Corporation Limited (SAIC Motor), China's leading automotive manufacturer, today announced robust sales figures for April 2024, highlighting its continued dominance in the domestic market and accelerated expansion in international territories. The company's strong performance is attributed to a diversified brand portfolio, substantial growth in new energy vehicle (NEV) sales, and strategic investments in global markets.

In April, SAIC Motor achieved a significant milestone by selling 360,000 vehicles, reaffirming its position as a frontrunner in the Chinese automotive industry. Sales of self-owned brands reached 216,000 units, constituting over 60% of total sales and underscoring the rising popularity and acceptance of these brands among Chinese consumers.

SHERIDAN, WYOMING – July 15, 2024 – SHERIDAN, WYOMING – July 15, 2024 – SAIC Motor Corporation, China's largest automaker, showcased its dedication to sustainable mobility and technological advancement at the 2024 Beijing International Auto Show, unveiling 97 new vehicles, a significant portion of which were new energy vehicles (NEVs). This impressive display underscores the company's ambitious "Three Year Action Plan for the Development of New Energy Vehicles" and solidifies its position as a global leader in the rapidly evolving electric vehicle market.

Driving Innovation with Diversified Electric Offerings:

SHERIDAN, WYOMING – July 15, 2024 – SHERIDAN, WYOMING – July 15, 2024 – SAIC Motor, China's largest automaker and a global leader in the automotive industry, today announced the appointment of Jozef Kabaň as Global Design Vice President at its SAIC Design center. Kabaň, an internationally acclaimed designer known for his work on the iconic Bugatti Veyron and other renowned vehicles, will lead the design direction for SAIC Motor's diverse portfolio of brands.

With a career spanning over two decades, Kabaň has established himself as a visionary in the automotive design world. His extensive experience includes leadership roles at prestigious brands such as Audi, Skoda, BMW, Rolls Royce, and Volkswagen. Kabaň's design philosophy emphasizes a harmonious blend of aesthetics, functionality, and innovation, a vision that aligns perfectly with SAIC Motor's commitment to delivering exceptional vehicles to the global market.

SHERIDAN, WYOMING – July 14, 2024 – SHERIDAN, WYOMING – July 13, 2024 – In a significant step towards a greener future, BYD, the world's leading manufacturer of new energy vehicles (NEVs) and power batteries, has successfully docked its dedicated roll-on/roll-off (ro-ro) car carrier, the EXPLORER NO.1, at Brazil's Port of Suape. This marks the vessel's inaugural voyage to the Americas, underscoring BYD's commitment to sustainable and efficient international logistics.

The EXPLORER NO.1, a state-of-the-art vessel equipped with advanced navigation systems, completed a 27-day transcontinental journey from China, carrying the largest single shipment of cars ever received by the Port of Suape – 5,459 new energy vehicles. With a capacity to transport up to 7,000 vehicles and measuring 199.9 meters in length, the EXPLORER NO.1 significantly enhances BYD's ability to meet the escalating global demand for its innovative new energy vehicle models.

SHERIDAN, WYOMING – July 14, 2024 – SHERIDAN, WYOMING – July 13, 2024 – BYD, a global pioneer in new energy vehicles (NEVs), is accelerating the electrification of the Caribbean with the grand opening of its first flagship store in the Republic of Trinidad and Tobago. The event, attended by over 200 distinguished guests including high-ranking government officials, prominent business leaders, and esteemed BYD customers, signifies a major step forward in BYD's commitment to providing sustainable transportation solutions to the region.

An Architectural Marvel: The New Flagship Store

SHERIDAN, WYOMING – July 14, 2024 – SHERIDAN, WYOMING – July 13, 2024 – BYD, the global leader in new energy vehicles (NEVs), and its premium sub-brand, YANGWANG, made a resounding impact at the 2024 Goodwood Festival of Speed, showcasing their commitment to innovation and sustainable mobility. The festival, held in West Sussex, England, from July 11-14, provided the ideal stage for the unveiling of several groundbreaking vehicles and technologies.

BYD SEAL U DM-i: Pioneering Plug-in Hybrid Technology

SHERIDAN, WYOMING – July 13, 2024 – SHERIDAN, WYOMING – July 13, 2024 – BYD, the world's leading manufacturer of new energy vehicles (NEVs), has marked a significant milestone in its Brazilian expansion with the inauguration of its 100th dealership. The new BYD DVA Florianópolis dealership, a collaboration with the prominent DVA Group, underscores BYD's commitment to driving the adoption of electric mobility in Brazil.

Strategically situated in Florianópolis, the capital of Santa Catarina, the BYD DVA Florianópolis dealership enjoys a prime location on Paschoal Apóstolo Pítsica Street, known locally as "Avenida Beiramar." This major thoroughfare offers high visibility and accessibility, aligning with BYD's strategy of establishing a strong presence in key markets.