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SINOTRUK Unveils Latest Lineup at IAA Transportation 2024

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BEIJING, Sept. 23, 2024 /PRNewswire/ — A report from China Automotive News.

At the IAA Transportation 2024 in Hannover, SINOTRUK showcases seven advanced models including Yellow River with ultra-low drag coefficient SITRAK hydrogen fuel cell tractor, and HOWO Tongshuai battery electric light truck etc., which could be visited at Booth C08 in Halls 19&20. 

SINOTRUK fulfills its commitment to green, intelligent, and efficient solutions, contributing Chinese expertise and innovation to shape the future of global commercial industry.

Eastern Aesthetics, Driven by Technological Innovation
Pioneering in China’s commercial vehicle sector, SINOTRUK has maintained a global perspective since entering international markets in 2004. SINOTRUK has topped the export sales of heavy trucks in China for 19 consecutive years, with products exported to more than 150 countries and regions. SINOTRUK has established a comprehensive sales and service network in Asia, Africa, Europe, and South America. SINOTRUK has won widespread recognition for its reliability and good performance, demonstrating strong global competitiveness.

SINOTRUK launched a complete lineup of green energy vehicles with Intelligent driving assistance system at the IAA 2024.This exhibition unfolds SINOTRUK’s expertise and vision in revolutionizing the commercial vehicle sector.

SINOTRUK’s booth shines on media day, with six innovative models exhibited. A full series of truck models covers a wide range of work scenarios, from heavy-duty trucks to light trucks and pickups.

Pioneering the Future, In Sync with a Global Green Revolution

Yellow River with ultra-low drag coefficient heavy truck
The Yellow River outperforms its counterparts in fuel efficiency and driving mileage. Multiple innovative designs were adopted to reduce drag coefficient such as electronic side mirrors, hidden door handles, and bio-mimetic fish-back trailer. A drag coefficient record at 0.286Cd could not have been set without four prototype generations and more than 500 rounds of high-precision CFD simulations conducted by a dedicated team of over 120 engineers. The record was certified by leading agencies such as TÜV Rheinland, IDIADA, and CATRC (China Automotive Technology & Research Center).

SITRAK hydrogen fuel cell tractor
SITRAK hydrogen fuel cell tractor is aimed at zero-emission long-haul transportation. Equipped with independently developed hydrogen fuel cell system, electric drive axle, intelligent powertrain and advanced control technologies, this model enables a mileage range of 1,200 kilometers. Highlighted parameters incorporate 1,100kW output and torque of 86,000N•m., dual 275kW PMSM motors on each axle, two-speed integrated electric drive axle and a comprehensive efficiency of 94.5%.  Automatic and manual modes are for options.

SITRAK Battery Electric Tractor
SITRAK electric tractor provides an efficient and reliable solution for long-haul logistics. It adopts integrated modular and Cell-to-Body design, equipped with intelligent drive system and luxurious cabin. 600kWh CATL CTB LFP modular power battery pack is mounted, which delivers a total power output of 825kW and a maximum torque of 75,000N•m, with the transmission efficiency exceeding 94.5%. The vehicle offers a range of 450 kilometers, making it a perfect solution for long-haul logistics.

HOWO Tongshuai Pro Light Truck
HOWO Tongshuai Pro stands out for its excellent efficiency and long mileage range. This model adopts a centrally-mounted 100kWh blade battery pack, which ensures safety and enables fast-charging—from 20% to 80% in just 20 minutes. The modular flat-wire permanent magnet synchronous motor generates a peak power of 140kW, while the two-speed integrated electric drive axle improves power performance by 50% and reduces overall energy consumption by 10%. The truck allows a 300 kilometers trip by a single charge.

Bolden Pickup
SINOTRUK’s Bolden pickup made its debut at IAA 2024, it offers varied models tailored for off-road, commercial, and passenger use. Bolden pickup possesses powerful performance, luxurious interiors, and intelligent safety features. The powertrain is composed of a Weichai WP2H 2.0 Turbo diesel engine and SINOTRUK’s 8-speed automatic transmission, ensuring smooth and reliable performance.

Bolden pickup presents its latest low-carbon, sustainable, and intelligent transportation solution to global customers and partners.

 

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SOURCE China Automotive News

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/howard-hughes-holdings-set-to-join-sp-smallcap-600-302918511.html

SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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Amy Johnson Appointed President of GDIT

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RESTON, Va., Oct. 23, 2026 /PRNewswire/ — General Dynamics (NYSE:GD) announced today that Amy Johnson has been appointed as president of GDIT, effective November 3.

Johnson is a 27-year veteran of General Dynamics Mission Systems, where she held increasingly senior roles in engineering, engineering management and business leadership across cybersecurity, defense electronics, space and intelligence systems, most recently as vice president and general manager for Space, Cyber and Intelligence. She earned bachelor’s and master’s degrees in computer science and computer systems engineering. 

“Amy has a proven track record of leading teams to solve complex and highly technical challenges for our customers,” said Phebe Novakovic, CEO of General Dynamics. “I am confident that her dynamic leadership, operational rigor and deep commitment to our values and culture will deliver value to our customers, employees and shareholders.”

GDIT delivers digital modernization, cloud computing, artificial intelligence, cybersecurity and software development solutions to the U.S. federal government, defense, intelligence agencies and other customers. It is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at gd.com.

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SOURCE General Dynamics

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