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2020 Market Report on Joint Venture OEMs’ Telematics Products in China - ResearchAndMarkets.com
February 10, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 10, 2021
Amid “CASE” (connected, autonomous, shared and electrified) prospering in the automotive sector, Chinese and joint venture auto brands are vying for connectivity and intelligence. In China, domestic brands have gained first-mover advantages in the country’s telematics market on the strength of local resources.
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In January 2019, joint venture brands were left behind by Chinese OEMs, with an 11.8 percentage points lower telematics penetration. Since 2019 their deploying telematics has been expedited: they endeavor to develop underlying technologies and seek partners, with roll-outs of more secure, more intelligent in-vehicle infotainment (IVI) systems; they also focus more on user experience and exert themselves to
Press release content from Accesswire. The AP news staff was not involved in its creation.
Gourmet Provisions International Corp. (GMPR) Announces they have Signed Lock-Up Agreements with their Noteholders
February 10, 2021 GMT
PITTSBURGH, PA / ACCESSWIRE / February 10, 2021 / Gourmet Provisions International Corporation (OTC PINK:GMPR) today announced they have signed Lock-Up Agreements with their Noteholders. The Lock-Up Agreement limits each Noteholder to convert a total of eight million common shares until August 31, 2021, the estimated time it will take Gourmet Provisions Int. Corp. to conduct its: Audited Financials; S1 filing; sign an Underwriter and qualify and complete the Uplisting to the NASDAQ stock exchange. GMPR has posted the complete Lock-Up Agreement in an 8K filing.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Plus Raises $200 Million in New Funding to Advance Global Commercialization of Its Automated Trucks
February 10, 2021 GMT
Plus Automated Trucks (Photo: Business Wire)
CUPERTINO, Calif. (BUSINESS WIRE) Feb 10, 2021
Plus (formerly Plus.ai), a leading provider of self-driving truck technology, announced it has completed a $200 million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Existing investors including Full Truck Alliance (FTA) also participated.
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Plus Automated Trucks (Photo: Business Wire)
Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system. As the company begins mass production in 2021, Plus will develop a sales and support network to help fleets integrate the Plus automated trucking system into their daily operations. The company