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Archive by category Automotive & Aviation

Bombardier Defense Announces Order of Two Challenger 650 Aircraft Destined for Intelligence, Surveillance and Reconnaissance missions in Australia

Principle Finance, a renowned provider of customised operating lease for aircraft in Australia, placed an order for 2 Challenger 650 aircraft. Purchase was confirmed during a signing ceremony at the opening of the Avalon Australian International Airshow in Australia. Through this agreement, Bombardier Defense continues to expand its presence in Australia and the Asia-Pacific region. AVALON, Australia, [...]

Arteris Selected by Nextchip to Accelerate Chip Designs for Automotive Vision Technology

Arteris’ FlexNoC network-on-chip (NoC) interconnect IP with the Functional Safety option provides Nextchip with optimal flexibility and superior performance to advance automotive technology including vision-based sensing edge to central architecture for ADAS CAMPBELL, Calif., March 18, 2025 (Korea Bizwire) – Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, [...]

RRJ Joins Vista With $600m Equity Investment

RRJ Capital leads global consortium of esteemed backers Vista, the world’s leading global private aviation group, has signed a definitive agreement for an equity investment of $600 million from a consortium of investors led by RRJ Capital, a leading Asian investment firm. This investment marks another significant milestone in Vista’s historic growth journey and validates [...]

Ford Trucks and IVECO sign Joint Development Agreement for new heavy-duty truck cabin

Turin, Italy / Istanbul, Türkiye, 11th March 2025. Ford Trucks, the heavy commercial brand of Ford Otosan, and IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, today announce the signing of a binding Joint Development Agreement (JDA) for the design and engineering of a [...]

Falcon Adds Embraer and Bombardier Private Jets to Its Fleet

DUBAI, United Arab Emirates, March 10, 2025 (Korea Bizwire) – Falcon has today unveiled that it will be adding Embraer Legacy 650 and Bombardier Challenger 850 private jets to its growing fleet. Mr. Sultan Rashit Abdulla Rashit Al Shene, Founder & Chairman of Alex Group Investments, the parent company of Falcon, said: “We are topping up our [...]

Bombardier Honored with Aviation Week Network Laureate Award for Environmental Stewardship

Bombardier’s precedent-setting initiative to publish Environmental Product Declarations commended at the 2025 Aviation Week Network’s Laureate Awards The company is the only business jet manufacturer in the world to publicly disclose the environmental footprint of its entire in-production aircraft portfolio over their full life cycle MONTREAL, March 07, 2025 (Korea Bizwire) – Bombardier is proud [...]

Falcon Plans to Invest USD 100 Million to Upgrade Its Facilities at Al Maktoum International Airport in Dubai

DUBAI, United Arab Emirates, March 03, 2025 (Korea Bizwire) – Falcon’s 13,705 sq.m. aircraft maintenance, repair and overhaul facility (MRO), located at the Mohammed Bin Rashid Aerospace Hub in Dubai, is equipped with cutting-edge technology designed to service a wide range of aircraft, including models as large as the Airbus A380. In 2024, the General [...]

GRE System Selects Lumissil’s CG5317 for Its EV Charging Solutions

MILPITAS, Calif., March 03, 2025 (Korea Bizwire) – GRE System, a leading provider of Electric Vehicle Supply Equipment (EVSE), has chosen Lumissil’s CG5317 to enhance the connectivity and performance of its next-generation EV charging solutions. This collaboration strengthens GRE System’s ability to deliver efficient, reliable, and future-ready charging infrastructure for the growing EV market. Lumissil’s [...]

XPENG Sets New Benchmark in Indonesia, Becoming the Most Intelligent EV Brand in the Market

A Media Snippet accompanying this announcement is available by clicking on this link. XPENG officially enters the Indonesian market, marking a significant milestone in its global expansion, supported by Erajaya Active Lifestyle (ERAL). XPENG will initiate its localized production strategy starting with Indonesia, focusing on the X9 and G6 models in the second half of [...]

A2MAC1 Strengthens Global Sales Leadership to Enhance Client Proximity and Growth

Boulogne-Billancourt, France – March 3rd, 2025 – A2MAC1, the global leader in automotive benchmarking and insights, announces a major step in its organizational evolution with the appointment of Jasmino Burkic as Chief Revenue Officer (CRO) and the reinforcement of its regional leadership with the arrival of Jessica Zheng, Vincent Ruty, and the promotion of Tetsuro Ida as Regional General Managers. This strategic [...]