PARIS, Oct. 19, 2026 /PRNewswire/ — The 2026 Paris Motor Show runs October 12 to 18 at the Paris Porte de Versailles Exhibition Center. InfiMotion Technology, a core force in China’s powertrain sector, does not exhibit independently — yet its electric drive systems appear across multiple automaker lineups, including nearly every vehicle on the Geely Auto stand, plus Lynk & Co, Zeekr, and Smart models. The Geely stand also hosts the European debut of the Monjaro EM-i alongside the EX2, EX5, and STARRAY EM-i. InfiMotion’s newest products also appear at Geely’s UTAC roadshow in France, giving European media direct access to its next-generation e-drive portfolio.

Technological Leadership: Setting Global Benchmarks

InfiMotion’s new off-road dual-motor e-drive — the only locking dual-motor system in its class — debuts on the Geely K011, delivering 220 kW per motor and combined peak torque of 2 x 4,500 N•m. Its differential-lock controller stacks output onto one side to free a stuck vehicle; per-wheel distribution reaches 9,000 N•m at one wheel, a 200% amplification. It is IPX8-rated, having passed iceberg impact and submersion tests.

The portfolio spans 400V to 900V. The TP501 900V co-axial dual motor drive uses a semi-solid die-cast magnesium alloy housing, cutting weight by 30%. The P600 Compact EDU, above 750V, achieves 92.4% CLTC efficiency through Mini-Pin winding and 0.2 mm ultra-thin silicon steel. Proprietary deep oil-cooling enables over 100 consecutive full-throttle accelerations without degradation. The off-road system is already in series production, and the 11-in-1 domain-controlled EDU launched in 2024 powers the Geely Galaxy E5, China’s top-exporting A-segment electric SUV.

Global Competitiveness: A Growing International Footprint

In H1 2026, InfiMotion ranked among China’s top three suppliers by shipment for electric motors and inverters. Its R&D network spans Wuxi, Shanghai, Ningbo, Hangzhou, and Gothenburg, with 1,000+ engineers including 100+ Swedish software specialists. Five smart manufacturing bases in China support a global supply footprint reaching Europe and Malaysia. Its CNAS-certified testing center houses the world’s first 30,000 rpm motor test bench, with validation spanning -60°C to 140°C thermal cycling, 1,500-hour salt spray, and 2,500-hour endurance runs.

About InfiMotion Technology

InfiMotion Technology is a global innovator in intelligent e-drive systems, providing full-spectrum green smart mobility solutions. Core products include electric drive systems, domain controllers, charging systems, and battery management systems. Serving leading automakers worldwide, it delivers proven, traceable, mass-produced e-drive solutions from A0-class vehicles to supercars.

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Portugal is the destination of choice for almost three in four, while Brexit is a major factor for nearly two thirds.

LONDON, Oct. 19, 2026 /PRNewswire/ — Taxation is the leading concern for 82.6% of wealthy UK investors considering a second residency or citizenship, according to new research from investment migration firm La Vida.

La Vida’s 2026 UK Investor Survey asked investors who have enquired with the firm about residency or citizenship by investment what is driving their interest in leaving the UK, and where they plan to go. The survey ran from 29 September to 8 October 2026.

“Tax continues to be the main concern of wealthy Brits looking to leave the UK, with over 82% of respondents citing it as a factor driving their decision making,” said Paul Williams, CEO of La Vida.

Wealth Tax the Biggest Fear

Wealth tax was the tax increase most likely to push respondents out of the UK, ahead of income tax and inheritance tax.

Political concerns (56.5%) and cost of living (52.2%) followed taxation as the top reasons for considering a move. Concern about crime and security fell sharply, from 59.3% in La Vida’s 2025 survey to 37% this year.

“The average wealth of respondents was around £9 million. That’s more than 20 times the national average, and no doubt a significant tax loss for HMRC for each one deciding to leave,” said Williams.

“The top 1% of UK income taxpayers pay around 30% of all UK income tax. The UK government needs to find a way to persuade such wealth to stay and encourage more into the UK.”

Portugal Pulls Ahead as Dubai Fades

Portugal was named as a top-two destination by 73.8% of respondents, up from 50.6% in 2025. Italy came second at 26.2% and Greece third at 19%.

Interest in the UAE fell from 13.6% to 2.4%, even though Dubai features heavily in coverage of wealthy Britons leaving the UK.

“Portugal is a top destination for many. La Vida’s clients alone have gone on to invest several hundred million euros into the Portuguese economy in the last decade through its Golden Visa program,” said Williams.

Brexit a Major Factor

Brexit is a major factor for 63% of respondents and a minor factor for a further 17%. La Vida asked about Brexit for the first time this year, after a summer of longer queues for British travellers under the EU’s new Entry/Exit System.

“Brexit is the one and only reason why I would have an interest in a second residency,” said one respondent.

“I don’t regret voting for Brexit but it has rather scuppered an easy move to Portugal,” said another.

Plan B, Not Panic

A Plan B or backup option was the most common goal, named by 60.9% of respondents, ahead of tax reduction at 58.7% and visa-free travel at 54.3%.

Support for a UK Golden Visa

60% of respondents said the UK should introduce a Golden Visa program to attract investment.

The Home Office closed the UK’s Tier 1 (Investor) visa to new applicants in February 2022.

However, both the previous Conservative government and the current Labour government have indicated that they could reintroduce a Golden Visa in some form.

With Prime Minister Andy Burnham looking to draw further investment to the country, the proposal is likely to gain further support heading into this year’s Budget and into 2027.

Notably, wealthy Brits back the idea. Half of respondents said they did not know who they would vote for if a general election were held today.

“The UK is being left behind not only by its citizens but by its competitors in the race for global wealth,” said Williams.

Notes to Editors

Methodology: La Vida invited more than 5,000 investors who have enquired about residency or citizenship by investment over the last decade to take part in its 2026 UK Investor Survey. The survey ran from 29 September to 8 October 2026. Respondents: 91% of respondents hold UK citizenship, 76% live in the UK and 93%, with a weighted networth of £9.7 million.Multiple answers: Respondents could select more than one concern and goal, and up to two destinations.Data and comments available: the full dataset, further respondent comments and year-on-year comparisons with La Vida’s 2025 survey are available on request.

Contact:
Lizzie Edwards
***@goldenvisas.com
+44 0207 060 1475

Photo(s):
https://www.prlog.org/13177263

Press release distributed by PRLog

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SOURCE La Vida

STOCKHOLM, Oct. 19, 2026 /PRNewswire/ — Truecaller today announces its preliminary and unaudited financial results for the third quarter of 2026. The interimreport will be published as planned on Tuesday the 3rd of November 2027 and will as usual be followed by a webcast.

Total net sales for the third quarter 2026 is expected to amount to SEK 464 million (468) which is estimated to be an increase of 3% in constant currencies compared to the same period last year and an increase of 18% compared to the second quarter of 2026.

Ad revenues are expected to amount to SEK 245.6 million (290.2) which is a decrease of 12% in constant currencies compared to the third quarter last year but an increase of 23% compared to the previous quarter. Premium revenues are expected to amount to SEK 127.1 million (96.4) which is an increase of 32% in constant currencies compared to the same period in 2025. Revenues from Truecaller for Business are expected to amount to SEK 85.1 million (79.9), an increase of 14% in constant currencies compared to the same period in 2025 and an increase of 15% compared to the previous quarter.

EBITDA excluding non-recurring items associated with the acquisition of TextPlus is expected to amount to SEK 147.6 million (162.5) which is a decrease of approximately 6% in constant currencies compared to the same period last year but an increase of 68% compared to the previous quarter. The preliminary EBITDA-margin is 31.8% (34.7%) and the EBITDA-margin excluding incentive costs and the non-recurring items is expected to be 37.4% (39.8%).

Average non-iOS MAU was 476.2 million in the fourth quarter which is an increase of 34.5 million users compared to the same period last year and a growth of 5.2 million users during the third quarter.

SHORT COMMENT FROM THE CEO

“During the third quarter, we saw positive momentum as all three revenue streams grew compared to the previous quarter.Total net sales is now back to growth year-over year in local currency. Profitability is now also back at a healthy level. Our user base continued to grow, albeit at a somewhat slower pace than historically. Our focus is and has to a larger extent been on improving the monetisation of the existing user base and to tap into the growing demand beyond our established markets.

Within Ads, we continued our transition toward our new proprietary ad platform and auction process and we saw a gradual revenue improvement during the quarter, while Premium delivered sustained solid revenue growth. For Truecaller for Business, message volumes for Business Messaging are now higher than a year ago following our shift to a multi-partner model and Verified Business had a stable development. Overall, we continue to strengthen our position across key areas and are positive towards continuing the revenue transition,” says Rishit Jhunjhunwalam, CEO, Truecaller.

Preliminary results for July-September 2026 (Q3)

Preliminary Nature of the Information

The financial information included in this press release is preliminary and unaudited. The final reviewed financial statements for January-September 2026 are expected to be published on the 3rd of November 2026. Differences between the preliminary figures and the final results may arise.

This information is information that Truecaller is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-10-19 06:15 CET.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 500 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

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SOURCE Truecaller AB