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<title>BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India's Infrastructure Boom | Auto Excelsior</title>
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<title>BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India’s Infrastructure Boom</title>
<link>https://autoexcelsior.com/bharatbenz-strengthens-construction-segment-with-all-new-construction-and-mining-range-to-power-indias-infrastructure-boom/53855/</link>
<dc:creator><![CDATA[PR Newswire]]></dc:creator>
<pubDate>Fri, 04 Jul 2025 11:16:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/bharatbenz-strengthens-construction-segment-with-all-new-construction-and-mining-range-to-power-indias-infrastructure-boom/53855/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="96" src="https://autoexcelsior.com/wp-content/uploads/2025/07/bharatbenz-strengthens-construction-segment-with-all-new-construction-and-mining-range-to-power-indias-infrastructure-boom.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India's Infrastructure Boom" decoding="async" /></div>CHENNAI, India, July 4, 2025 /PRNewswire/ — India’s mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="96" src="https://autoexcelsior.com/wp-content/uploads/2025/07/bharatbenz-strengthens-construction-segment-with-all-new-construction-and-mining-range-to-power-indias-infrastructure-boom.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India's Infrastructure Boom" decoding="async" /></div>CHENNAI, India, July 4, 2025 /PRNewswire/ — India’s mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high-performance vehicles as large contractors increasingly invest in owned assets and modernize their aging fleets.
<div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">

<a href="https://mma.prnewswire.com/media/2724814/DICV_MD_CEO_HX_Torqshift.html" rel="nofollow" target="_blank"> 
<img decoding="async" alt="Satyakam Arya, Managing Director and CEO with the HX and Torqshift" src="https://mma.prnewswire.com/media/2724814/DICV_MD_CEO_HX_Torqshift.jpg" title="Satyakam Arya, Managing Director and CEO with the HX and Torqshift"></img> 
</a>

</div>
The HX and Torqshift launch follows extensive real-world validation, with more than 150 trucks deployed in customer trials across India’s most demanding construction and mining sites. These trials demonstrated significant improvements in uptime, operational efficiency, and profitability, leading directly to full-scale production.
Satyakam Arya, Managing Director and CEO, Daimler India Commercial Vehicles, said, “India’s construction and mining sector continues to be one of our strongest business pillars, powering the next phase of national development. We’re seeing a decisive shift as large contractors invest in owned assets for better control and long-term returns. Many fleets are 8-10 years old and reaching the end-of-life, creating a major replacement cycle. Our extensive customer trials with 150+ trucks have validated the real-world performance and profitability impact these vehicles deliver.”
Comprehensive Range for Diverse Applications
The expanded BharatBenz Construction and Mining lineup includes:
<ul type="disc">
<li>Heavy-Duty Construction Vehicles: The HX series, comprising the 2828C HX and 3532C HX models, are engineered for extreme durability, class leading productivity, unmatched fuel efficiency, and best in class drivability. Offered in two powerful configurations—280 hp with 1100 Nm torque and 320 hp with 1250 Nm torque—the trucks come equipped with additional features such as Hill Hold Assist, unitized front axle bearings, wind deflector, and advanced driver state monitoring systems, delivering long-lasting performance under the most demanding conditions.</li>
<li>Specialised Mining Applications: The Torqshift series (2832CM and 3532CM variants) offers globally proven AMT that delivers zero lag performance, unmatched comfort, faster TAT and enhanced fuel efficiency for demanding mining applications.</li>
<li>Ready Mix Concrete (RMC) Solutions: The 2828C RMC variant with 9 cubic meter capacity features the powerful OM 926 BSVI OBD-II engine generating 280hp and 1100Nm torque for reliable concrete transportation across challenging terrains.</li>
</ul>
Pradeep Kumar Thimmaiyan, President & Chief Technology Officer, Daimler India Commercial Vehicles, said, “We designed the HX by listening to customers. Priority for vehicles with higher payload capacities, faster TAT and fleet managers demanding lower maintenance costs. Every component re-design addresses real customer challenges. We’ve prioritized driver safety with full EU ECE R29-03 cabin compliance and best-in-class safety features.”
What Sets HX Apart
<ul type="disc">
<li>High Gradeability (up to 60% in 2828C and up to 54% in 3532C): Confident climbing with full load</li>
<li>360° Reliability: Frame, axle, braking, and engine designed to perform together</li>
<li>Best-in-Class Warranty: Tailored for long-term ownership confidence</li>
</ul>
Rajiv Chaturvedi, President & Chief Business Officer, Daimler India Commercial Vehicles, said, “Fleet operators increasingly demand maximum uptime and swift maintenance solutions. The HX range helps operators minimize project delays and optimize operations. We’re seeing strong demand for factory-fitted features—GPS, hill start assist and driver comfort amenities. Also, safety innovations like reverse cameras and driver state monitoring are becoming customer priorities.”
The expanded portfolio is available across the 385 BharatBenz dealer touchpoints throughout India, supported by comprehensive service infrastructure and attractive 15,000 hours annual maintenance contracts to enhance operational reliability. Our advanced uptime center hub integrates cutting-edge diagnostic technology with specialized technical expertise to deliver predictive maintenance solutions. By leveraging data analytics and real-time vehicle monitoring, the center enables fleet operators to maintain optimal vehicle performance while reducing unexpected service interruptions.
BharatBenz has established itself as a trusted partner in India’s construction and mining sectors, with vehicles contributing to major infrastructure projects nationwide. As India accelerates its infrastructure development, the company remains committed to supporting this growth through innovative solutions that maintain the highest standards of safety, quality, and reliability.
Know more about our HX Range
<ul type="disc">
<li>Hill Hold Assist: Prevents rollbacks on steep grades – essential for mining operations and construction sites</li>
<li>Unitized Bearing at Front Axle: Reduces maintenance requirements and extends service life, lowering total cost of ownership</li>
<li>Driver State Monitoring: Advanced safety technology that monitors operator alertness during long operational shifts</li>
<li>Inter-Axle & Inter-Wheel Diff Lock (IRT 440-11): Superior traction control for navigating the most challenging terrains</li>
<li>Bolster Bogie Suspension with Shock Absorbers: Enhanced load capacity, stability and ride comfort for heavy-duty applications</li>
<li>G131/G131HD Transmission Options: 9F+1R synchromesh gears with heavy-duty variant available for extreme applications</li>
<li>New Improved Rear Axle (IRT440-11): Enhanced with higher capacity for superior performance in demanding applications</li>
<li>Wind Deflector: Improved aerodynamics helping enhance fuel economy of the new range</li>
<li>Better Approach Angle: Improved ground clearance optimized for mining operations and challenging terrain navigation</li>
<li>New Styling: Distinctive rugged design that reflects the capability and durability of the new range</li>
</ul>
Further information:
https://asia.daimlertruck.com/ and https://www.bharatbenz.com/
*Source: India Brand Equity foundation
Daimler Truck at a glance: Daimler Truck Holding AG (“Daimler Truck”) is one of the world’s largest commercial vehicle manufacturers, with over 40 main locations and more than 100,000 employees around the globe. The founders of Daimler Truck have invented the modern transportation industry with their trucks and buses a good 125 years ago. Unchanged to this day, the company’s aspirations are dedicated to one purpose: Daimler Truck works for all who keep the world moving. Its customers enable people to be mobile and get goods to their destinations reliably, on time, and safely. Daimler Truck provides the technologies, products, and services for them to do so. This also applies to the transformation to CO2-neutral driving. The company is striving to make sustainable transport a success, with profound technological knowledge and a clear view of its customers’ needs. Daimler Truck’s business activities are structured in five reporting segments: Trucks North America (TN) with the truck brands Freightliner and Western Star and the school bus brand Thomas Built Buses. Trucks Asia (TA) with the FUSO and RIZON commercial vehicle brands. Mercedes-Benz Trucks (MBT) with the truck brand of the same name and BharatBenz. Daimler Buses (DB) with the Mercedes-Benz and Setra bus brands. Daimler Truck’s new Financial Services business (DTFS) constitutes the fifth segment, the product range in the truck segments includes light, medium and heavy trucks for long-distance, distribution and construction traffic and special-purpose vehicles used mainly in the municipal and vocational sector. The product range of the bus segment includes city buses, school buses and intercity buses, coaches and bus chassis. In addition to the sale of new and used commercial vehicles, the company also offers aftersales services and connectivity solutions.
Daimler India Commercial Vehicles Pvt. Ltd. at a glance: Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, Germany, is a full-fledged commercial vehicle player in India with a brand dedicated to its home market: BharatBenz. DICV produces and sells trucks from 10 to 55 tons, as well as BharatBenz buses, Mercedes-Benz coaches, and bus chassis. DICV’s state-of-the-art manufacturing plant at Oragadam near Chennai spreads over 400 acres (160 hectares) including a highly modern test track and is home to the company’s headquarters, R&D, and training operations. With one global quality standard, it also produces Daimler Trucks’ brands of FUSO, Mercedes-Benz, and Freightliner. Products and parts are exported to more than 60 markets in Africa, Asia, Latin America, and the Middle East. DICV represents an overall investment of more than INR 9,560 crores.
Photo: https://mma.prnewswire.com/media/2724814/DICV_MD_CEO_HX_Torqshift.jpg Photo: https://mma.prnewswire.com/media/2724815/DICV_Officials_BharatBenz.jpg Logo: https://mma.prnewswire.com/media/2724826/Daimler_Truck_Logo.jpg
 
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<a href="https://mma.prnewswire.com/media/2724815/DICV_Officials_BharatBenz.html" rel="nofollow" target="_blank"> 
<img decoding="async" alt="(Left to Right) Rajiv Chaturvedi, President and CBO of Domestic Sales and Customer Service, Satyakam Arya, Managing Director and CEO, and Pradeep Kumar Thimmaiyan President and CTO" src="https://mma.prnewswire.com/media/2724815/DICV_Officials_BharatBenz.jpg" title="(Left to Right) Rajiv Chaturvedi, President and CBO of Domestic Sales and Customer Service, Satyakam Arya, Managing Director and CEO, and Pradeep Kumar Thimmaiyan President and CTO"></img> 
</a>


<a href="https://mma.prnewswire.com/media/2724826/Daimler_Truck_Logo.html" rel="nofollow" target="_blank"> 
<img decoding="async" alt="Daimler Truck Logo" src="https://mma.prnewswire.com/media/2724826/Daimler_Truck_Logo.jpg" title="Daimler Truck Logo"></img> 
</a>

</div>
<img decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN24282&sd=2025-07-04" title="Cision" width="12"></img> View original content to download multimedia:https://www.prnewswire.com/in/news-releases/bharatbenz-strengthens-construction-segment-with-all-new-construction-and-mining-range-to-power-indias-infrastructure-boom-302498242.html
<img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN24282&Transmission_Id=202507040716PR_NEWS_EURO_ND__EN24282&DateId=20250704" style="border:0px; width:1px; height:1px;"></img>Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Auto Excelsior takes no editorial responsibility for the same.
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<title>webCG, Which Operates an Online Media for Car Enthusiasts, Set a Guinness World Record™ for the Longest Distance Travelled by an EV on a Single Charge</title>
<link>https://autoexcelsior.com/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge/53853/</link>
<dc:creator><![CDATA[Business Wire India]]></dc:creator>
<pubDate>Fri, 04 Jul 2025 04:20:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge/53853/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="480" height="127" src="https://autoexcelsior.com/wp-content/uploads/2025/07/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="webCG, Which Operates an Online Media for Car Enthusiasts, Set a Guinness World Record™ for the Longest Distance Travelled by an EV on a Single Charge" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge.jpg 480w, https://autoexcelsior.com/wp-content/uploads/2025/07/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge-300x79.jpg 300w" sizes="auto, (max-width: 480px) 100vw, 480px" /></div>Business Wire India webCG Inc. (Headquarters: Shibuya-ku, Tokyo; Representative Director: Shun Kondo), a member of the Kakaku.com Group, set a new Guinness World Record™ of 1,045 km for the longest distance travelled by an electric vehicle (EV) on a single charge upon attempting that challenge using a Mercedes-Benz EQS 450+ between Wednesday 18 June and […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="480" height="127" src="https://autoexcelsior.com/wp-content/uploads/2025/07/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="webCG, Which Operates an Online Media for Car Enthusiasts, Set a Guinness World Record™ for the Longest Distance Travelled by an EV on a Single Charge" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge.jpg 480w, https://autoexcelsior.com/wp-content/uploads/2025/07/webcg-which-operates-an-online-media-for-car-enthusiasts-set-a-guinness-world-record-for-the-longest-distance-travelled-by-an-ev-on-a-single-charge-300x79.jpg 300w" sizes="auto, (max-width: 480px) 100vw, 480px" /></div>Business Wire India
webCG Inc. (Headquarters: Shibuya-ku, Tokyo; Representative Director: Shun Kondo), a member of the Kakaku.com Group, set a new Guinness World Record™ of 1,045 km for the longest distance travelled by an electric vehicle (EV) on a single charge upon attempting that challenge using a Mercedes-Benz EQS 450+ between Wednesday 18 June and Thursday 19 June 2025. This initiative was conducted for the purpose of deepening understanding of EVs and communicating their value and potential far and wide.
 
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250630468871/en/
 
 
<div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;" xmlns="http://www.w3.org/1999/xhtml"><img decoding="async" alt="Set Guinness World Record™ for longest distance travelled by EV on single charge" src="https://mms.businesswire.com/media/20250630468871/en/2510777/4/Main_image.jpg" />
Set Guinness World Record™ for longest distance travelled by EV on single charge
</div>
 
Description of Challenge
 
webCG drove an "EQS," Mercedes-Benz's top-of-the-line EV, and measured the distance travelled until the automobile's battery became depleted from a fully-charged state. The company sought to surpass the previous record for longest distance travelled (949 km) and reach the major milestone of over 1,000 km travelled.
 
 
A detailed report on this challenge is currently available on "webCG," an online media for car enthusiasts. 
Special Webpage (Japanese language only): https://www.webcg.net/articles/-/52232
 
 
Description of Guinness World Record™ Certification
 
 
Official Record Name: 
The longest journey by an electric car on a single charge is 1,045 km (649 mi 1,742 ft) and was achieved by webCG Inc. (Japan) in a Mercedes-Benz EQS 450+ in Japan on 19 June 2025.
 
 
Record Acquisition Date: Thursday 19 June 2025
 
 
Going forward, webCG will continue striving to realize an automotive information site that effectively contributes to the development of the automotive industry, one that a wide range of enthusiasts also find fun and convenient to use.
 
 
AboutwebCG(https://www.webcg.net/) 
Web magazine for car enthusiasts that was launched in 1998 as the online edition of the automotive magazine "CAR GRAPHIC." Features timely test drive reports, news, essays, and more with a main focus on information surrounding new models from Japan and overseas.
 
 
[webCG's Official Social Media Accounts] 
• Facebook: https://www.facebook.com/webcgnet/ 
• X (formerly Twitter): https://x.com/webcgnet
 
 
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[webCG Inc. Company Profile]
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Location
</td>
<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
: Digital Gate Bldg. 6th Floor, 3-5-7 Ebisu-Minami, Shibuya-ku, Tokyo, Japan
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<tr>
<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
Representative Director
</td>
<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
: Shun Kondo
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<tr>
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Website Operated
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<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
: https://www.webcg.net/
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[Kakaku.com, Inc. Company Profile]
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Location
</td>
<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
: Digital Gate Bldg., 3-5-7 Ebisu-Minami, Shibuya-ku, Tokyo, Japan
</td>
</tr>
<tr>
<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
Representative Director
</td>
<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
: Atsuhiro Murakami
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Business Activities
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<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
: Planning and operation of websites and applications and provision of various platforms
</td>
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Website Operated
</td>
<td class="bwvertalignt bwpadl0" colspan="1" rowspan="1">
: https://corporate.kakaku.com/company/service?lang=en
</td>
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</tbody>
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The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.
 
<img decoding="async" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20250630468871r1&sid=bwiftp&distro=ftp" />
 
 
View source version on businesswire.com: https://www.businesswire.com/news/home/20250630468871/en/
 
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<title>Air Liquide Reinforces Its Presence in Gujarat with Investment in New Air Separation Unit and Cylinder Filling Station</title>
<link>https://autoexcelsior.com/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station/53851/</link>
<dc:creator><![CDATA[Business Wire India]]></dc:creator>
<pubDate>Thu, 03 Jul 2025 10:58:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station/53851/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="1436" height="439" src="https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Air Liquide Reinforces Its Presence in Gujarat with Investment in New Air Separation Unit and Cylinder Filling Station" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station.jpg 1436w, https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station-300x92.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station-1024x313.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station-768x235.jpg 768w" sizes="auto, (max-width: 1436px) 100vw, 1436px" /></div>Air Liquide will expand its presence by investing in its second Air Separation Unit (ASU) and Cylinder Filling Station (CFS) in Bhagapura, Gujarat. Air Liquide India will build, own and operate the new ASU and CFS which are planned to start operating in 2027. This strategic expansion will effectively double Air Liquide’s production capacity in […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1436" height="439" src="https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Air Liquide Reinforces Its Presence in Gujarat with Investment in New Air Separation Unit and Cylinder Filling Station" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station.jpg 1436w, https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station-300x92.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station-1024x313.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/air-liquide-reinforces-its-presence-in-gujarat-with-investment-in-new-air-separation-unit-and-cylinder-filling-station-768x235.jpg 768w" sizes="auto, (max-width: 1436px) 100vw, 1436px" /></div>Air Liquide will expand its presence by investing in its second Air Separation Unit (ASU) and Cylinder Filling Station (CFS) in Bhagapura, Gujarat. Air Liquide India will build, own and operate the new ASU and CFS which are planned to start operating in 2027. This strategic expansion will effectively double Air Liquide’s production capacity in the region, complementing the existing ASU plant at Jhagadia and ensuring enhanced supply for customers across Gujarat.
Business Wire India
Air Liquide will expand its presence by investing in its second Air Separation Unit (ASU) and Cylinder Filling Station (CFS) in Bhagapura, Gujarat. Air Liquide India will build, own and operate the new ASU and CFS which are planned to start operating in 2027. This strategic expansion will effectively double Air Liquide’s production capacity in the region, complementing the existing ASU plant at Jhagadia and ensuring enhanced supply for customers across Gujarat.
 
The Bhagapura ASU is strategically located to allow Air Liquide to support Gujarat's robust industrial growth by serving sectors like automotive, battery, electronics, with On Site, Bulk, Packaged gases and applications, as well as local hospitals for medical gases. The plant will have a production capacity of 200 tonnes per day, while the ﬁlling center has the capacity of nearly 1,000 cylinders per day.
 
In line with Air Liquide’s Sustainability Objectives which include reaching carbon neutrality by 2050 and the state’s Wind-Solar Hybrid Power Policy, there is a plan to decarbonize the site through procurement of renewable energies from 2029.
 
Air Liquide India is a key supplier to the Indian gas industry and has been present in the country since 1996. It already owns 6 production facilities across North and West India with a production capacity of almost 1,500 tonnes per day of Oxygen, Nitrogen and Argon gases.
 
Benoit Renard, Managing Director, Air Liquide India, said: “We are more than doubling Air Liquide’s production capacity in Gujarat with our investments in this new state-of-the-art eﬃcient air separation plant and this cylinder ﬁlling center. By increasing our footprint, we will contribute to the growth of Industries and Healthcare sectors in this region. Being close to our customers, in order to provide a high level of reliability and quality in our services, will always be our priority.”
<img id='img_pixel' src='https://bwi-api-react.businesswireindia.com/images/pixel.gif' alt='' width='0' height='0' border='0' loaded='' onload="javascript:if(document.getElementById('img_pixel').getAttribute('loaded')==''){document.getElementById('img_pixel').src='https://bwi-api-react.businesswireindia.com/api/BWIWesiteGet/partnerSiteAnalytics?value=XiP8DMWQ1c%2FmmOlAyGy6DAhOPxc7jtWmvQhmooVqBv92Ygg%3D&referrer='+document.referrer.toString() + '&current=' + document.URL.toString();document.getElementById('img_pixel').setAttribute('loaded','k');}" /> Disclaimer: The above press release comes to you under an arrangement with Business Wire India. We takes no editorial responsibility for the same.
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<title>Stellantis to Announce First Half 2025 Results on July 29</title>
<link>https://autoexcelsior.com/stellantis-to-announce-first-half-2025-results-on-july-29/53843/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Wed, 02 Jul 2025 12:01:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/stellantis-to-announce-first-half-2025-results-on-july-29/53843/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1810" src="https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Stellantis to Announce First Half 2025 Results on July 29" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-300x212.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-1024x724.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-768x543.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-1536x1086.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-2048x1448.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div>Stellantis to Announce First Half 2025 Results on July 29 AMSTERDAM, July 2, 2025 – Stellantis N.V. announced today that its First Half 2025 Results will be released on Tuesday, July 29, 2025. A live webcast and conference call of the First Half 2025 Results will begin at 2 p.m. CEST / 8 a.m. EDT […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1810" src="https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Stellantis to Announce First Half 2025 Results on July 29" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-300x212.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-1024x724.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-768x543.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-1536x1086.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/stellantis-to-announce-first-half-2025-results-on-july-29-2048x1448.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div>Stellantis to Announce First Half 2025 Results on July 29
AMSTERDAM, July 2, 2025 – Stellantis N.V. announced today that its First Half 2025 Results will be released on Tuesday, July 29, 2025. 
A live webcast and conference call of the First Half 2025 Results will begin at 2 p.m. CEST / 8 a.m. EDT on Tuesday, July 29, 2025.
The related press release and presentation material are expected to be posted under the Investors section of the Stellantis corporate website (www.stellantis.com) at approximately 8 a.m. CEST / 2 a.m. EDT on Tuesday, July 29, 2025.
Details for accessing this presentation are available under the Investors section of the Stellantis corporate website. For those unable to participate in the live session, a recorded replay will be accessible following the event.
# # #
About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com.
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<td style="width:122.34px;;text-align: left ; vertical-align: middle; vertical-align: top ; ">@Stellantis</td>
<td style="width:38px;;text-align: left ; vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=2b055220-ffe1-4c4e-bc9e-80571c6f82c8&size=3" height="30.61px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/2b055220-ffe1-4c4e-bc9e-80571c6f82c8/image2.png" width="30.61px" /></td>
<td style="width:108.27px;;text-align: left ; vertical-align: middle; vertical-align: top ; ">Stellantis</td>
<td style="width:37.07px;;text-align: left ; vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=41a3210e-5bae-4467-8178-ddd7b7f3a65a&size=3" height="30.74px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/41a3210e-5bae-4467-8178-ddd7b7f3a65a/image3.png" width="30.67px" /></td>
<td style="width:106.07px;;text-align: left ; vertical-align: middle; vertical-align: top ; ">Stellantis</td>
<td style="width:37.87px;;text-align: left ; vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=fa94bd61-4d44-46de-b8ef-7b53d716d120&size=3" height="30.74px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/fa94bd61-4d44-46de-b8ef-7b53d716d120/image4.png" width="31.87px" /></td>
<td colspan="2" style="width:70.87px;;text-align: left ; vertical-align: middle; vertical-align: top ; ">Stellantis</td>
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For more information, contact:
Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com
Nathalie ROUSSEL +33 6 87 77 41 82 – nathalie.roussel@stellantis.com
communications@stellantis.com www.stellantis.com</td>
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<title>Employee share ownership, a sustained commitment</title>
<link>https://autoexcelsior.com/employee-share-ownership-a-sustained-commitment/53841/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Wed, 02 Jul 2025 06:30:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/employee-share-ownership-a-sustained-commitment/53841/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="2056" height="930" src="https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Employee share ownership, a sustained commitment" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment.jpg 2056w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-300x136.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-1024x463.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-768x347.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-1536x695.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-2048x926.jpg 2048w" sizes="auto, (max-width: 2056px) 100vw, 2056px" /></div>PRESS RELEASEJuly 2, 2025 RENAULT GROUP: EMPLOYEE SHARE OWNERSHIP, A SUSTAINED COMMITMENT For the fourth consecutive year, Renault Group’s employee shareholding plan has set a new record. With a subscription rate of 44.3%, continuing to rise since 2023, this edition confirms employees’ commitment to collective success. In total, nearly 95,000 employees will receive 3 free […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2056" height="930" src="https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Employee share ownership, a sustained commitment" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment.jpg 2056w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-300x136.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-1024x463.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-768x347.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-1536x695.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/employee-share-ownership-a-sustained-commitment-2048x926.jpg 2048w" sizes="auto, (max-width: 2056px) 100vw, 2056px" /></div><table align="right" style="border-collapse: collapse; border-collapse:collapse ;">
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<td style="width:264.6px;;vertical-align: middle; text-align: left; padding-left: 30.0px; text-align: justify ; vertical-align: middle; vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: middle ; text-align: justify ; vertical-align: middle; ">PRESS RELEASE July 2, 2025</td>
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RENAULT GROUP: EMPLOYEE SHARE OWNERSHIP, A SUSTAINED COMMITMENT
<ul type="disc">
<li style="margin-bottom:6pt; text-align:justify;">For the fourth consecutive year, Renault Group’s employee shareholding plan has set a new record. With a subscription rate of 44.3%, continuing to rise since 2023, this edition confirms employees’ commitment to collective success. </li>
<li style="margin-bottom:6pt; text-align:justify;">In total, nearly 95,000 employees will receive 3 free shares. Among them, nearly 48,000 also subscribed to shares at a preferential price of €31.34, reflecting a 30% discount. </li>
<li style="margin-bottom:6pt; text-align:justify;">This 2025 edition will result in the transfer of nearly 1.52 million additional shares to employees, representing 0.52% of Renault SA’s share capital. Following the operation, employees will hold approximately 6.31% of the company’s capital. </li>
</ul>
Boulogne-Billancourt, July 2, 2025 – Held from May 12 to 30, 2025, the fourth edition of Renault Group’s employee shareholding plan enabled employees in 30 countries1 to receive 3 free shares, and those in 24 countries to subscribe under preferential conditions. With nearly 95,000 employees taking part, this high level of participation reflects the growing trust in employee shareholding – a key driver of employee engagement and collective success.
“By renewing this initiative, Renault Group reaffirms its commitment to sharing the value created with those who make it possible every day. The strong participation in the employee shareholding plan reflects the trust our people place in the Group’s strategy and their deep connection to the company. For the fourth consecutive year, their engagement confirms the key role employee shareholding plays in shaping our corporate culture. With 6.31% of the company’s capital now held by employees, we are strengthening a model based on shared performance, recognition, and trust – essential levers for building a sustainable future together.” said Bruno Laforge, Chief People and Organization Officer, Renault Group
Employee shareholding: a key driver of collective performance
The contributions provided as part of the 2025 employee shareholding plan (up to 6 free shares per employee2) represent approximately 359,000 shares, or 0.12% of Renault SA’s capital, which will be allocated free to the Group’s employees.
In addition, nearly 48,000 employees – representing 44.3% of eligible employees – participated in the share subscription offer under the plan. Employees’ total investment amounted to over €36.5 million. This corresponds to more than 1,165,000 subscribed shares, or 0.40% of Renault SA’s share capital.
In total, the operation will result in the transfer of approximately 1,524,000 shares to employees – equivalent to 0.52% of Renault SA’s capital – held through an Employee Mutual Fund (FCPE) or, in some countries, directly in a registered securities account.
Following the allocation of shares under the plan, employees will hold approximately 6.31% of Renault SA’s capital.
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<td style="width:120.07px;;vertical-align: top ; ">RENAULT GROUP INVESTOR RELATIONS</td>
<td style="width:267.4px;;vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Philippine DE SCHONEN philippine.de-schonen@renault.com +33 (0)6 13 45 68 39
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<td style="width:122.87px;;vertical-align: top ; ">RENAULT GROUP PRESS CONTACT
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<td style="width:302.4px;;vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Rié YAMANE +33 6 03 16 35 20 rie.yamane@renault.com
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<td style="width:327.2px;;vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: top ; ">Florentina DECA +33 6 32 13 69 15 florentina.deca@renault.com</td>
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About Renault Group Renault Group is at the forefront of a mobility that is reinventing itself. The Group relies on the complementarity of its 4 brands – Renault, Dacia, Alpine, Mobilize – and offers sustainable and innovative mobility solutions to its customers. Established in 114 countries, Renault Group sold 2.265 million vehicles in 2024. It employs more than 98,000 people who embody its Purpose every day, so that mobility brings people closer.
Ready to pursue challenges both on the road and in competition, the Group is committed to an ambitious and value-generating transformation focused on the development of new technologies and services, and a new range of even more competitive, balanced, and electrified vehicles. In line with environmental challenges, Renault Group’s ambition is to achieve carbon neutrality in Europe by 2040. 
More information : https://www.renaultgroup.com/en/
<hr />
1 Germany, Argentina, Austria, Belgium, Brazil, China, Colombia, South Korea, Croatia, Spain, France, Hungary, India, Ireland, Italy, Malta, Morocco, Mexico, Netherlands, Poland, Portugal, Czech Republic, Romania, United Kingdom, Slovakia, Slovenia, Sweden, Switzerland, Türkiye, and Ukraine. 2 Unilateral matching contribution equivalent to 3 shares, with an additional matching contribution capped at the equivalent of 3 shares in case of subscription to the offer.

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<title>L&T Technology Services Chosen by TRATON GROUP as Strategic Engineering Partner in Global R&D Transformation</title>
<link>https://autoexcelsior.com/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation/53845/</link>
<dc:creator><![CDATA[Business Wire India]]></dc:creator>
<pubDate>Wed, 02 Jul 2025 04:00:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation/53845/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="800" height="157" src="https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="L&T Technology Services Chosen by TRATON GROUP as Strategic Engineering Partner in Global R&D Transformation" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation.jpg 800w, https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation-300x59.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation-768x151.jpg 768w" sizes="auto, (max-width: 800px) 100vw, 800px" /></div>L&T Technology Services (BSE: 540115, NSE: LTTS), today announced that it has been chosen by the TRATON GROUP, one of the world’s leading manufacturers of commercial vehicles, as a strategic engineering partner. Business Wire India L&T Technology Services (BSE: 540115, NSE: LTTS), today announced that it has been chosen by the TRATON GROUP, one of the world’s leading manufacturers […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="800" height="157" src="https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="L&T Technology Services Chosen by TRATON GROUP as Strategic Engineering Partner in Global R&D Transformation" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation.jpg 800w, https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation-300x59.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/lt-technology-services-chosen-by-traton-group-as-strategic-engineering-partner-in-global-rd-transformation-768x151.jpg 768w" sizes="auto, (max-width: 800px) 100vw, 800px" /></div>L&T Technology Services (BSE: 540115, NSE: LTTS), today announced that it has been chosen by the TRATON GROUP, one of the world’s leading manufacturers of commercial vehicles, as a strategic engineering partner.
Business Wire India
L&T Technology Services (BSE: 540115, NSE: LTTS), today announced that it has been chosen by the TRATON GROUP, one of the world’s leading manufacturers of commercial vehicles, as a strategic engineering partner. This collaboration in LTTS’ Mobility segment will support TRATON’s roadmap to build a unified, future-ready product-development platform that delivers scale, speed, and sustainable mobility solutions worldwide.
TRATON is reshaping its global R&D ecosystem to unlock cross-brand synergies while expanding the share of battery-electric vehicles in line with its 2029 profitability and sustainability targets. LTTS’ selection will see the company provide engineering support, from mechanical and software engineering to digital systems integration – across key development hubs in Sweden, Germany, the United States, Poland, and India.
The collaboration positions LTTS to deepen existing workstreams and pursue new programs across TRATON’s brands, spanning software-defined vehicle architectures, electrified powertrains, autonomous & ADAS feature development, and advanced digital engineering toolchains. These capabilities align with LTTS’ Mobility charter, leveraging its expertise in engineering intelligent and sustainable solutions to create safer, smarter, and more personalized mobility experiences for a global clientele.
Alind Saxena, Executive Director & President – Mobility & Tech at L&T Technology Services, said, “Being selected by TRATON GROUP is a testament to LTTS’ leadership in next-generation Mobility engineering. This collaboration underscores our commitment to delivering cutting-edge solutions that align with TRATON’s vision of sustainable and intelligent transportation. With our proven track record in engineering transformation, we are excited to help TRATON achieve its ambitious goals of electrification, autonomy, and digital innovation while redefining the future of commercial mobility.”
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<title>Lotus Technology to Acquire 100% Equity Interest of Lotus Advance Technologies and Integrate All Business and Operations under Lotus Brand</title>
<link>https://autoexcelsior.com/lotus-technology-to-acquire-100-equity-interest-of-lotus-advance-technologies-and-integrate-all-business-and-operations-under-lotus-brand/53840/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 01 Jul 2025 21:00:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/lotus-technology-to-acquire-100-equity-interest-of-lotus-advance-technologies-and-integrate-all-business-and-operations-under-lotus-brand/53840/</guid>
<description><![CDATA[NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Etika Automotive Sdn Bhd (“Etika”) exercised its put option on June 30, 2025, requiring us to purchase 49% of the equity interests in Lotus Advance Technologies […]]]></description>
<content:encoded><![CDATA[NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Etika Automotive Sdn Bhd (“Etika”) exercised its put option on June 30, 2025, requiring us to purchase 49% of the equity interests in Lotus Advance Technologies Sdn Bhd (“Lotus UK”) held by Etika pursuant to the Put Option Agreement dated January 31, 2023 between the parties.
Lotus UK is currently owned by Geely International (Hong Kong) Limited (“Geely HK”) and Etika. As announced on April 14, 2025, Geely HK exercised a similar put option granted to it by the Company. With Etika having exercised its put option, the Company is expected to acquire 100% of the equity interests of Lotus UK through non-cash transactions based on pre-agreed prices. Upon completion, the Company will gain control over Lotus UK and consolidate its financial results. The strategic transaction will enable the Company to integrate all businesses and operations under the Lotus brand.
Lotus UK controls the manufacturing operations of Lotus’ sportscars and hyper cars, and Lotus Engineering which provides comprehensive consultancy services to many of the OEMs and Tier 1 suppliers around the world.
The acquisition is expected to be completed by 2025, subject to potential regulatory approvals.
In conjunction with the business combination between the Company and L Catterton Asia Acquisition Corp, a special purpose acquisition company affiliated with L Catterton, a leading global consumer-focused investment firm, the Company and Lotus UK entered into a Put Option Agreement with each of Geely HK and Etika. Pursuant to these agreements, each of Geely HK and Etika was granted the right to require the Company to acquire its equity interest in Lotus UK at a pre-agreed pricing method1 and upon satisfaction of the condition (“Put Option Exercise Condition”) that the total number of vehicles sold by Lotus UK and its subsidiaries shall exceed 5,000 in 2024, with the exercise of such options by Geely HK and Etika not cross-conditioned on one another. As of December 31, 2024, the Put Option Exercise Condition had been satisfied.
Note 1: Pursuant to the agreement, the Company will issue new shares valued at $10 per share in consideration of Geely HK and Etika’s transfer of Lotus UK shares. Lotus UK is valued at 1.15 multiples revenue plus cash minus debt of LGIL, based on LGIL’s audited consolidated annual financial report of 2024.
About Lotus Technology Inc. Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle battery electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalisation and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
Forward-Looking Statements This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Tech undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Contact Information For investor inquiries ir@group-lotus.com
<img alt="" src='https://ml.globenewswire.com/media/ODI0NThkOGEtZWU5My00NGQxLThhODQtNDE3ZTlmZGIyYzVkLTEyNzMzMjMtMjAyNS0wNy0wMS1lbg==/tiny/Lotus-Technology-Inc-.png' referrerpolicy='no-referrer-when-downgrade' />
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<title>Disclosure of trading in own shares on June 24, 2025</title>
<link>https://autoexcelsior.com/disclosure-of-trading-in-own-shares-on-june-24-2025/53834/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 01 Jul 2025 15:45:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/disclosure-of-trading-in-own-shares-on-june-24-2025/53834/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="2056" height="930" src="https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Disclosure of trading in own shares on June 24, 2025" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025.jpg 2056w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-300x136.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-1024x463.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-768x347.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-1536x695.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-2048x926.jpg 2048w" sizes="auto, (max-width: 2056px) 100vw, 2056px" /></div>Press ReleaseJuly 1, 2025 Renault S.A.: disclosure of trading in own shares on June 24, 2025 Boulogne-Billancourt, July 1, 2025 In accordance with applicable regulations relating to share buybacks, Renault S.A. hereby declares the buyback of its own shares carried out on June 24, 2025, under the mandate given to an investment services provider […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2056" height="930" src="https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Disclosure of trading in own shares on June 24, 2025" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025.jpg 2056w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-300x136.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-1024x463.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-768x347.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-1536x695.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/disclosure-of-trading-in-own-shares-on-june-24-2025-2048x926.jpg 2048w" sizes="auto, (max-width: 2056px) 100vw, 2056px" /></div><table align="right" style="border-collapse: collapse; border-collapse:collapse ;">
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<td style="width:264.6px;;vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: middle; text-align: left; padding-left: 30.0px; text-align: right ; vertical-align: middle; vertical-align: middle; text-align: left; padding-left: 30.0px; text-align: right ; vertical-align: middle; vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: middle ; text-align: right ; vertical-align: middle; "> Press Release July 1, 2025 </td>
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<td style="width:264.6px;;vertical-align: middle ; "> </td>
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<td style="width:264.6px;;vertical-align: middle ; "> </td>
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Renault S.A.: disclosure of trading in own shares on June 24, 2025
Boulogne-Billancourt, July 1, 2025
In accordance with applicable regulations relating to share buybacks, Renault S.A. hereby declares the buyback of its own shares carried out on June 24, 2025, under the mandate given to an investment services provider for the acquisition of a maximum number of 300,000 Renault shares. The purpose of such share buyback is to cover Renault Group’s obligations in the context of the employee shareholding plan “Shareplan 2025” (see press release of June 24, 2025).
 
Aggregated information (by date and by market)
<table style="border-collapse: collapse; margin-left:0.25pt; width:439.4pt; border-collapse:collapse ;">
<tr>
<td style="width:151px;;text-align: center ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Identification code of issuer (Legal Entity Identifier) </td>
<td style="width:75.6px;;text-align: center ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; "> Day of transaction </td>
<td style="width:113.34px;;text-align: center ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; "> Identification code of financial instrument </td>
<td style="width:85px;;text-align: center ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; "> Aggregated daily volume (in number of shares) </td>
<td style="width:75.67px;;text-align: center ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; "> Daily weighted average price of the purchased shares * </td>
<td style="width:85.27px;;text-align: center ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; "> Market (MIC Code) </td>
</tr>
<tr>
<td style="width:151px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "> 969500F7JLTX36OUI695 </td>
<td style="width:75.6px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 24/06/2025 </td>
<td style="width:113.34px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> FR0000131906 </td>
<td style="width:85px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 19,115 </td>
<td style="width:75.67px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 39.4529 </td>
<td style="width:85.27px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> AQEU </td>
</tr>
<tr>
<td style="width:151px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "> 969500F7JLTX36OUI695 </td>
<td style="width:75.6px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 24/06/2025 </td>
<td style="width:113.34px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> FR0000131906 </td>
<td style="width:85px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 106,471 </td>
<td style="width:75.67px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 39.4539 </td>
<td style="width:85.27px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> CEUX </td>
</tr>
<tr>
<td style="width:151px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "> 969500F7JLTX36OUI695 </td>
<td style="width:75.6px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 24/06/2025 </td>
<td style="width:113.34px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> FR0000131906 </td>
<td style="width:85px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 22,384 </td>
<td style="width:75.67px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 39.4533 </td>
<td style="width:85.27px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> TQEX </td>
</tr>
<tr>
<td style="width:151px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "> 969500F7JLTX36OUI695 </td>
<td style="width:75.6px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 24/06/2025 </td>
<td style="width:113.34px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> FR0000131906 </td>
<td style="width:85px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 152,030 </td>
<td style="width:75.67px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 39.4508 </td>
<td style="width:85.27px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> XPAR </td>
</tr>
<tr>
<td colspan="3" style="width:339.87px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "> TOTAL </td>
<td style="width:85.07px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 300,000 </td>
<td style="width:75.67px;;text-align: center ; vertical-align: middle; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; "> 39.4522 </td>
<td style="width:85.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; "> </td>
</tr>
</table>
Detailed information 
The detailed information on these share buybacks is available on Renault Group’s website (www.renaultgroup.com) in the “Investors / Regulated Information / Share buyback program” section.

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Disclosure of trading in own shares on June 24, 2025
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<img alt="" src='https://ml-eu.globenewswire.com/media/MTBhZjFmOGItNjY0Ny00OGQzLTlkODgtNjkwNzM3ZmJhOGY1LTEwMTEwOTYtMjAyNS0wNy0wMS1lbg==/tiny/RENAULT.png' referrerpolicy='no-referrer-when-downgrade' />
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<title>Detailed information on share buyback transactions on June 24, 2025</title>
<link>https://autoexcelsior.com/detailed-information-on-share-buyback-transactions-on-june-24-2025/53832/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 01 Jul 2025 15:45:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/detailed-information-on-share-buyback-transactions-on-june-24-2025/53832/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="2056" height="930" src="https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Detailed information on share buyback transactions on June 24, 2025" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025.jpg 2056w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-300x136.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-1024x463.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-768x347.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-1536x695.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-2048x926.jpg 2048w" sizes="auto, (max-width: 2056px) 100vw, 2056px" /></div>– Attachment Detailed information on share buyback transactions on June 24, 2025]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2056" height="930" src="https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Detailed information on share buyback transactions on June 24, 2025" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025.jpg 2056w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-300x136.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-1024x463.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-768x347.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-1536x695.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/07/detailed-information-on-share-buyback-transactions-on-june-24-2025-2048x926.jpg 2048w" sizes="auto, (max-width: 2056px) 100vw, 2056px" /></div>–

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Detailed information on share buyback transactions on June 24, 2025
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<img alt="" src='https://ml-eu.globenewswire.com/media/ZmRhZjJjOTItYzkxNC00YzgzLWI3NjItMGMxYTAxZjViZmJkLTEwMTEwOTYtMjAyNS0wNy0wMS1lbg==/tiny/RENAULT.png' referrerpolicy='no-referrer-when-downgrade' />
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<title>Apollino Racing Team Rider Ken Ken Captures Historic 2025 AMA USSE Championship</title>
<link>https://autoexcelsior.com/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship/53836/</link>
<dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
<pubDate>Tue, 01 Jul 2025 13:00:00 +0000</pubDate>
<category><![CDATA[Brand Post]]></category>
<guid isPermaLink="false">https://autoexcelsior.com/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship/53836/</guid>
<description><![CDATA[<div style="margin-bottom:20px;"><img width="959" height="608" src="https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Apollino Racing Team Rider Ken Ken Captures Historic 2025 AMA USSE Championship" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship.jpg 959w, https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship-300x190.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship-768x487.jpg 768w" sizes="auto, (max-width: 959px) 100vw, 959px" /></div>Young Chinese rider Neisen Zhang dominates US Sprint Enduro series with six victories in seven rounds HANGZHOU, China, July 01, 2025 (GLOBE NEWSWIRE) — Apollino (Zhejiang Apollo Sports Technology Co., Ltd.) today announced that racing team rider Neisen Zhang (Ken Ken) has secured the 2025 AMA US Sprint Enduro (USSE) championship, demonstrating the growing presence […]]]></description>
<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="959" height="608" src="https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Apollino Racing Team Rider Ken Ken Captures Historic 2025 AMA USSE Championship" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship.jpg 959w, https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship-300x190.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/07/apollino-racing-team-rider-ken-ken-captures-historic-2025-ama-usse-championship-768x487.jpg 768w" sizes="auto, (max-width: 959px) 100vw, 959px" /></div>Young Chinese rider Neisen Zhang dominates US Sprint Enduro series with six victories in seven rounds
HANGZHOU, China, July 01, 2025 (GLOBE NEWSWIRE) — Apollino (Zhejiang Apollo Sports Technology Co., Ltd.) today announced that racing team rider Neisen Zhang (Ken Ken) has secured the 2025 AMA US Sprint Enduro (USSE) championship, demonstrating the growing presence of Chinese youth in American motorsports and showcasing the effectiveness of Apollino’s youth development programs.
<img loading="lazy" decoding="async" alt="image1.jpeg" height="380" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/5aa73ef6-f983-4cc0-a35f-42ffb2820b77/image1.jpeg" width="600" />
The USSE, based on International Six Days Enduro regulations, serves as a premier talent development platform and the official U.S. national team selection series. Unlike traditional trail racing, USSE emphasizes explosive sprint performance across individual tests, delivering exceptional spectacle and challenge within the AMA framework.
<img loading="lazy" decoding="async" alt="image2.jpeg" height="338" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/544878fa-4df6-45ff-9cc1-c99aeb2ed26a/image2.jpeg" width="600" />
Consistent Performance Across Challenging Season
The 2025 season spanned six months from January 18 to June 15, crossing multiple U.S. states. Competitors faced 12 tests per two-day event, with cumulative fastest times determining overall winners. Despite weather cancellations reducing the planned 84 tests to 80, Ken demonstrated remarkable consistency throughout the demanding campaign.
Ken dominated the seven-round series with six victories and one runner-up finish, earning the coveted No.1 championship medal. His performance proved impressive given his simultaneous participation in three major series—AMA USSE, AMA NEPG, and AMA GNCC—achieving 15 victories across 19 races in 2025.
<img loading="lazy" decoding="async" alt="image3" height="338" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/ca9d98c9-0e3b-43b8-9e1a-6e403366dc98/image3.jpeg" width="600" />
Technical Skill and Determination Earn Recognition
Racing challenging mountain and ranch terrain often complicated by adverse weather, Ken’s technical development and competitive spirit impressed organizers, competitors, and spectators alike. His success represents promising progress for young Chinese riders competing internationally.
“Ken’s championship shows what’s possible when young talent meets the right support,” said an Apollino Racing representative. “His ability to compete across multiple racing disciplines while maintaining championship-level performance demonstrates exceptional dedication for a youth athlete.”
<img loading="lazy" decoding="async" alt="image4.jpeg" height="350" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/e201113a-2707-4354-8d64-9f48dc338216/image4.jpeg" width="600" />
Family and Team Support Drive Success
Ken’s family provided unwavering support throughout his championship campaign, attending events and celebrating each milestone. Apollino Racing’s comprehensive backing enabled Ken to focus entirely on competition and skill development. As a leading dirt bike supplier, Apollino Racing ensures their sponsored riders have access to top-tier equipment and technical support throughout their competitive campaigns.
<img loading="lazy" decoding="async" alt="image5.jpeg" height="350" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/d1cef8a3-5e00-499f-b368-63db2edc83a9/image5.jpeg" width="600" />
Apollino Racing’s Commitment to Youth Development
This championship victory reinforces Apollino Racing’s dedication to nurturing young talent in motorsports. By supporting promising athletes like Ken Ken, Apollino continues investing in youth racing programs, creating opportunities for emerging riders to develop their abilities on competitive stages.
Ken’s success highlights the potential of young international competitors and establishes a strong foundation for his continued development in motorsports. Apollino Racing’s youth development programs begin with entry-level training, including electric dirt bike for kids programs that introduce young riders to the fundamentals of off-road racing in a safe, environmentally conscious manner.
About Apollino (Zhejiang Apollo Sports Technology Co., Ltd.)
Apollino is dedicated to making the joy of off-road riding accessible to everyone, from a child’s first ride to professional-level racing. With no complicated gear shifts and zero engine noise, Apollino’s electric motorcycles deliver pure riding freedom for every age and skill level.
Operating in over 70 countries across Europe, North America, Oceania, and Asia, Apollino has become the go-to choice for families, young riders, and outdoor enthusiasts worldwide. Through comprehensive racing programs and youth development initiatives, Apollino supports promising athletes from grassroots training to championship competition. By combining world-class innovation with a commitment to sustainability and customer experience, Apollino is transforming the off-road motorcycle industry while nurturing the next generation of motorsports talent.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/5aa73ef6-f983-4cc0-a35f-42ffb2820b77
https://www.globenewswire.com/NewsRoom/AttachmentNg/544878fa-4df6-45ff-9cc1-c99aeb2ed26a
https://www.globenewswire.com/NewsRoom/AttachmentNg/ca9d98c9-0e3b-43b8-9e1a-6e403366dc98
https://www.globenewswire.com/NewsRoom/AttachmentNg/e201113a-2707-4354-8d64-9f48dc338216
https://www.globenewswire.com/NewsRoom/AttachmentNg/d1cef8a3-5e00-499f-b368-63db2edc83a9
<pre>CONTACT: Contact: emma.taylor@ssedigital.com</pre>
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