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Talogy enables early careers success with new future-ready solutions

GLENDALE, Calif., Jan. 22, 2025 /PRNewswire/ — Talogy, a world-leading talent management solution provider, has launched Spotlight™, a comprehensive, early career assessment solution, developed following extensive research into early career professionals and the demands on people hiring them.

Backed by global research of more than 1200 managers, recent employees, and early career seekers, Talogy Spotlight is ideal for enterprise organizations, looking to discover the brightest and most versatile early career professionals.

By assessing the competencies and skills needed for both early and long-term career success, Talogy Spotlight goes beyond a candidate’s resume to unlock their full potential and support an organization in the early stages of developing a talent pipeline.

Traditionally, early career professionals can struggle to gain professional experience in the workplace. Spotlight focuses on 11 core competencies that research has found to be key indicators of success. In the absence of work experience, these indicators can be very useful in predicting future job performance.

Talogy’s expert consultants work with clients to design a customizable and flexible early careers solution which informs as well as assesses a candidate. To help keep users on task, Spotlight has been developed to be more engaging for candidates and includes real-world scenario and storylines that introduce them to an organization and its brand values.

It combines a variety of assessment techniques including Situational Judgement Testing (SJT), personality, and cognitive assessments, and can also be combined with values assessment, competency-based interviews, or assessment centers. 

At the end of the process, both candidate and hiring manager are provided feedback around strengths and areas for further development. A more holistic, statistical, view is also supported, allowing analysis of multiple applications to determine strengths and weaknesses across candidates, and the impact it might have longer term on the organization.

Ted Kinney, Vice President, R&D, at Talogy, said, “With an aging workforce, and an increasing trend towards early retirement, attracting, identifying, and engaging the right talent is crucial for the ongoing success of an organization. Hiring managers need to think more strategically, looking at both the immediate role that needs to be fulfilled, as well as the impact their recruitment decisions make on the long-term success of the company.”

Learn more here about Talogy Spotlight early career solutions

About Talogy
At Talogy, we’re proud to be one of the world’s leading talent management solution providers. Crafting personalized solutions to help select, develop, and transform talent and organizations worldwide. Partnering with organizations to truly understand their challenges, inside out to help them make the best data-driven people decisions. Combining 75+ years of expertise, our extensive content library, and innovative technology, we help clients find, build, and grow the best talent. www.talogy.com

 

Nomination Committee’s proposal for Board of Directors of AB SKF

GOTHENBURG, Sweden, Jan. 22, 2025 /PRNewswire/ — SKF’s Nomination Committee proposes Mats Rahmström as a new board member in AB SKF.

Mats Rahmström was the President and CEO, as well as a member of the Board of Directors of Atlas Copco Group up until April 2024 and has held several senior positions within Atlas Copco. He has a broad international industrial background and is the Chair of the Board of Directors in Piab Group AB and a board member in Investor AB, ABB Ltd, Wärtsilä Oyj, R12 Distribution AB and Qvantum AB.

The Nomination Committee, furthermore, in addition to the proposed new election of Mats Rahmström, proposes re-election of the board members Hans Stråberg, Hock Goh, Geert Follens, Håkan Buskhe, Susanna Schneeberger, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén.

Hans Stråberg is proposed to be the Chair of the Board of Directors.

The Nomination Committee’s additional proposals will be published in conjunction with the notice of the Annual General Meeting 2025.

The Nomination Committee for the Annual General Meeting 2025 consists of Marcus Wallenberg, FAM, Philip Ahlgren, Cevian Capital, Anders Algotsson, AFA Försäkring, and Anders Jonsson, Skandia, together with the Chair of the Board of Directors Hans Stråberg. 

Aktiebolaget SKF
(publ)

For further information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com

INVESTOR RELATIONS: Sophie Arnius, Head of Investor Relations
tel: 46 31-337 8072; mobile: 46 705-908 072; e-mail: sophie.arnius@skf.com

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

https://news.cision.com/skf/r/nomination-committee-s-proposal-for-board-of-directors-of-ab-skf,c4094554

The following files are available for download:

https://mb.cision.com/Main/637/4094554/3217469.pdf

20250122 Nomination Committees proposal for Board of Directors of AB SKF

https://news.cision.com/skf/i/dji-0735-fix,c3370261

DJI 0735 fix

Korea Zinc Is Committed to Protecting the Nation’s Key Industry Corporation Through Successful Proceedings of the EGM

SEOUL, South Korea, Jan. 22, 2025 /PRNewswire/ — With the Korea Zinc (KRX:010130) extraordinary general meeting (EGM) just a day away, the management of Korea Zinc, along with all employees from the headquarters and subsidiaries, expressed their hope that successful proceedings of the meeting would safeguard Korea Zinc, a key pillar of the nation’s key industry. They also expressed their commitment to prevent the overseas transfer of a national core technology, national high-tech strategic technology and national strategic technology.

Sun Metals Corporation Pty. Ltd. (SMC), Korea Zinc’s “grandchild company” or second-tier subsidiary, announced today (January 22) that it has acquired a portion of Young Poong’s shares held by the Choi family and Young Poong Precision Corporation. SMC explained that the acquisition was based on a rationale of stable business operations and a reasonable price.

The number of shares acquired by SMC is 190,226, accounting for 10.3% of Young Poong’s total issued shares of 1,842,040 shares. The transaction is valued at KRW 57.5 billion.

SMC stated that it acquired Young Poong Precision’s shares at the closing price on the 21st.  

Moreover, SMC acquired shares held by the Choi family at a price discounted by 30% from the January 21 closing price. This indicates that, while SMC has benefitted significantly from a price standpoint, the Choi family has given up on a substantial portion of the potential profits they could have gained from the sale.

SMC’s acquisition of the Young Poong shares has legal validity under the Commercial Act. Accordingly, voting rights regulations will be newly applied, and the EGM will proceed in compliance with these regulations.

According to Article 369 (3) of the Commercial Act, when a company, its parent company and its subsidiary company, or its subsidiary company alone, holds more than one tenth of the total number of issued shares of another company, the shares of a company or its parent company owned by the other company have no voting rights.

As Korea Zinc’s grandchild company, SMC is classified as a subsidiary under Article 342-2(3) of the Commercial Act. Under this article, if a parent company and its subsidiary company, or a subsidiary company alone, holds more than half of the total number of issued and outstanding shares in another company, such company is deemed a subsidiary company of the parent company.

Over the past five months, Korea Zinc’s current management, core technical team, labor unions and employees have made unwavering efforts to safeguard the company. It was amidst this endeavor that Young Poong Precision and the Choi family stepped up to contribute their support.

In a statement, they expressed that, “After a careful deliberation, we have concluded that this decision represents the best course of action for the South Korean economy, the diversification of supply chains away from China and the local communities, including Ulsan. This decision was also made after considering how Korea Zinc, as a national key industry business, could contribute to the nation’s economy and what would be the right choice to enhance its long-term corporate and shareholder values.”

Korea Zinc’s current management and employees have reaffirmed their commitment to go beyond being the world’s number one company in non-ferrous metals by making a meaningful contribution to the nation’s economy as a leading energy materials company. This will be achieved through successfully driving the secondary battery materials, renewable energy and resource recycling business. Through these efforts, they aim to transform the company into a true “national enterprise” equipped with a national core technology, national high-tech strategic technology and national strategic technology.

The current management of Korea Zinc also stated that they are open to any discussions or negotiations with MBK Partners if it aligns with the direction of growth and development for Korea Zinc. They believe that coexistence, cooperation and achieving a great compromise are the best path forward for everyone involved. The company also emphasized its willingness to keep all options open and engage in dialogue at any time and has called for the cooperation and support of various stakeholders in reaching this goal.

Korea Zinc’s current management and employees believe that if MBK Partners can build mutual trust as a reputable and prestigious private equity firm capable of collaborating for the benefit of Korea Zinc, it could become a valuable partner in the company’s journey toward becoming a national enterprise.

Meanwhile, Korea Zinc plans to use the upcoming EGM as an opportunity to enhance shareholder value and improve corporate governance. Key measures include adopting a cumulative voting system, setting a cap on the number of directors, implementing a stock split and introducing an executive officer system. These initiatives aim to establish a foundation for the company’s long-term growth and development.

Pioneering AI Education: UBTECH Unveils Integrated Solutions at BETT 2025

LONDON, Jan. 22, 2025 /PRNewswire/ — UBTECH (HK 9880), a global leader in AI education, showcased a comprehensive range of integrated solutions for K-12, vocational education and higher education at BETT 2025.

 

humanoid robot Tien Kung

Humanoid Robot Tien Kung Leads the Research Programs for Higher Education

UBTECH exhibited its most advanced humanoid robots, Tien Kung, and made waves at BETT with its international debut. Tien Kung is the world’s first full-size pure electric drive robotics and capable of walking and running like a human, with its whole-body cooperative control and generalized mobility leading the world.

Currently, Tien Kung has been open-sourced, and it can be improved and developed according to demand. It has been widely used in universities and research institutions for AI & Robotics innovation experiments, research projects and academic achievements.

UBTECH, alongside Tien Kung, announced new research programs for higher education, integrating robots like Tien Kung, Yanshee, UGOT, CreaBot, and Cruzr to enhance AI and robotics research, application development, and talent cultivation.

UBTECH Unveils Integrated Solutions at BETT 2025
UBTECH Unveils Integrated Solutions at BETT 2025

Comprehensive AI Education Solutions for K-12 Education

For K-12 education, UBTECH offers a complete solution encompassing curriculum, hardware, software, training, competitions, assessments, and a teaching management platform, thus creating an End-to-End AI education ecosystem.

UGOT, A multi-mimetic AI educational robot that has garnered global interest for its innovative approach to teaching robotics and coding. In 2024, UGOT won the IF Gold Award and the Red Dot Best of the Best Award.

This year, the UGOT APP was updated with new features, offering a user-friendly, engaging experience with learning and entertainment, including FPV and PVP modes for real-time interactions and challenges.

UBTECH's robots
UBTECH’s robots

At BETT, UBTECH also showcased its comprehensive AI learning hardware system and E-learning platform for K-12 students, including uKit, Yanshee and CreaLand platform:

uKit:

A build-able programming robot featuring a wide range of parts,including sensors, a powerful main controller and a camera with built-in processing. It supports computer visual technology, Intelligent speech technology, enabling students to unleash their creativity through PBL.

Yanshee:

A Raspberry Pi 32-based, open-source robot supporting both graphical and Python programming. With a dedicated developer website, it enables students to explore AI and deepen their learning.

AI E-leaning Platform:CreaLand

Providing an integrated digital learning environment of virtual 3D simulations, online programming, online competitions, and learning on different themes such as smart factories, smart cities, and space exploration, while eliminating the limitations of AI education in terms of time, space, and resource inequality.

UBTECH also provides the Robotics competition solution – ROBOG. Developed over years, the ROBOG competition has become an international platform welcomed by youth all over the world, with participation from over 20 countries and around 170 events annually.

About UBTECH

UBTECH’s educational robots are available globally. With thousands of schools deploying our educational programs,UBTECH remains at the forefront of shaping the future of AI, robotics, and STEAM education.

For more information about UBTECH, please visit https://www.ubtrobot.com/ 

For inquiries, please contact ubtech.edu@ubtrobot.com 

Say Goodbye to Boring Interiors – Hernest’s Latest Designs Are Here to Dazzle

LOS ANGELES, Jan. 22, 2025 /PRNewswire/ — Hernest is delighted to introduce its exclusive new collection, a testament to the brand’s distinctive approach to modern furniture design. This carefully curated series features five exceptional pieces, each thoughtfully crafted to elevate the aesthetics and functionality of any space, from cozy living rooms to elegant dining areas. With a focus on timeless design and meticulous attention to detail, this collection embodies Hernest’s vision of creating furniture that seamlessly blends style and practicality.

Ingrid Wood TV Stand: A Modern Touch for Your Living Room

The Ingrid Wood TV Stand offers a sleek and contemporary design, perfect for larger living spaces. With a spacious surface, it provides ample room for modern entertainment systems, while its minimalist design ensures it complements any decor. The built-in storage compartments keep media equipment organized, making it the ideal blend of beauty and practicality. Whether hosting a movie night or enjoying a quiet evening, this TV stand is a statement piece that brings both style and functionality to any room.

Ingrid Wood Shoe Storage: A Stylish Practical Solution for Your Entryway

Designed to maximize space without compromising style, the Ingrid Wood Shoe Storage is perfect for keeping shoes organized and out of sight. It offers a compact solution for entryways, while its sleek wood finish adds sophistication to any home. The two large compartments are perfect for storing footwear, while the minimalist design ensures the piece fits effortlessly into modern and traditional interiors. This piece embodies Hernest’s commitment to providing functional yet beautiful home solutions.

Valborg Wood TV Stand: A Statement of Modern Elegance

For those looking for a blend of style and function, the Valborg Wood TV Stand delivers with its chic, minimalist design and spacious 78-inch surface. This piece provides ample space for your TV, media devices, and storage needs. The natural wood finish enhances the aesthetic of any living room, making it a versatile addition to a variety of interiors. Combining sleek lines with ample storage, the Valborg TV Stand represents Hernest’s dedication to creating furniture that is both stylish and practical.

Bianca Wood Coffee Table: The Perfect Centerpiece

The Bianca Wood Coffee Table is a true representation of modern elegance, offering a perfect balance between beauty and utility. Its surface provides ample space for decor, drinks, and books, while the rich wood finish adds sophistication to any living room. With clean lines and a minimalist design, this coffee table serves as a functional yet elegant centerpiece. It’s a timeless addition to any lounge area, perfect for enhancing the ambiance of your home.

Marisol Wood Dining Table: Where Family and Style Meet

The Marisol Wood Dining Table brings people together in style. With a spacious length, it offers ample room for family meals and gatherings with friends. The sleek wood finish exudes warmth and elegance, while the minimalist design makes it adaptable to various dining room styles. Built for both durability and beauty, the Marisol Dining Table is the ideal centerpiece for any modern dining space, blending exceptional craftsmanship with timeless appeal.

Each piece in this exclusive series is meticulously crafted with attention to detail, offering high-quality design that is built to last. These pieces bring functionality and timeless elegance to every room in your home, offering the perfect balance of style, durability, and value.

Hernest’s Brand Philosophy

Hernest believes that great design should be accessible to everyone. The brand creates furniture that blends timeless design with exceptional craftsmanship, aimed at crafting comfortable, practical, and visually appealing living spaces. Hernest’s approach empowers individuals and families to achieve their ideal lifestyle within their budgets, offering a perfect balance of style, function, and value.

Explore Hernest’s Exclusive Collection Today

The exclusive collection is available now at Hernest.com. Whether updating your living room, enhancing your dining space, or transforming your entryway, these pieces promise to elevate your home with timeless design and lasting quality. Hernest continues to provide accessible and stylish furniture solutions, empowering homeowners to create their ideal living space without compromising on design or budget.

Worksport Subsidiary Terravis Energy Announces Two Major Heat Pump Breakthroughs, Begins 20-Day Countdown

Solving Two Key Market Challenges; Successful R&D Has Achieved a Solution Expected to Revolutionize Home Heating & Cooling, While Being Affordable and Highly Efficient.

West Seneca, New York – Newsfile Corp. – January 22, 2025 – Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, proudly announces that its subsidiary, Terravis Energy [LLC] (“TVE”), a [Delaware] [limited liability company], has developed a groundbreaking heat pump solution that it believes fulfills the future of home heating and cooling. This latest R&D breakthrough is projected to solve two key issues in the heat pump market.

The proprietary solution combats changing climates, power affordability, and current technology limitations. Based on early closed-loop feedback, the Company expects major industry actors to take serious notice of this technology upon reveal. Through a breakthrough solution, the Terravis Energy heat pump technology is expected to redefine performance in all climate conditions, while being highly efficient. The technology has been further enhanced with AI-powered adaptability, designed to tailor the system to each individual user’s comfort level, creating an environment that feels uniquely responsive and attuned to their needs.

20-Day Countdown to the Global Reveal

Terravis Energy is launching a 20-day countdown on its website, aetherlux.terravisenergy.com, leading to the worldwide unveiling of this transformative technology. On February 11, 2025, the countdown will conclude and Terravis will share the breakthrough solution, key performance data, media kits, and exclusive insights into the competitive advantages of its cutting-edge solution.

The Company invites journalists and media to contact them ahead of the upcoming global reveal. Contact: media@worksport.com

Revolutionizing the Heat Pump Industry

Terravis Energy’s heat pump is a revolutionary design engineered to address critical challenges that have long hindered heat pump adoption, particularly in extreme climates. With this innovation, the future of home comfort is here:

  • Extreme Weather Resilience: This next-generation heat pump is engineered to perform seamlessly in ultra-cold and high-temperature environments, ensuring consistent comfort in any weather.
  • AI-Driven Personalization: The system incorporates artificial intelligence to provide personalized feedback, dynamically adjusting its operation to deliver optimal comfort and energy efficiency.
  • Affordability and Efficiency: Terravis Energy’s breakthrough is expected to lower cost barriers while providing unparalleled performance.
  • Unmatched Innovation: Designed to set a new industry benchmark, this technology resolves longstanding issues with conventional heat pumps, delivering unprecedented reliability and adaptability.

The Heat Pump Market at a Crossroads

The global heat pump market is experiencing rapid growth, bolstered by rising energy efficiency demands and government subsidies:

  • Based on a consistent compound annual growth rate (CAGR) of 9.4%, the Total Addressable Market (TAM) for North America from 2022 to 2031 is projected to be approximately USD 290 billion. For regions outside the U.S. and Canada, the TAM is estimated at around USD 910 billion over the same period.
  • Heat Pumps are Heavily Subsidized: Governments worldwide aim to accelerate adoption, including the U.S. High-Efficiency Electric Home Rebate Act offering up to $8,000 for heat pump installations and Canadian Government’s incentive of up to $10,000 for heat pump installations

Despite this growth, traditional heat pumps face significant challenges in extreme temperatures, killing efficiency, thereby limiting their adoption in key markets. Terravis Energy’s groundbreaking technology directly addresses these limitations, paving the way for widespread use in even the harshest climates.

The Future of Home Comfort Is Here

This isn’t just a heat pump-it is an ingenious system that integrates seamlessly into modern homes, offering a responsive comfort experience powered by AI technology. By adapting to user preferences and environmental conditions, Terravis Energy’s heat pump provides a personalized and resilient climate solution that is unmatched in the market.

For more information and to join the countdown to the reveal, visit aetherlux.terravisenergy.com.

Read More Worksport Press Releases: [Link to Worksport Press Releases].

Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport’s Newsletter

About Worksport

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the EV sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is terravisenergy.com.

For more information, please visit investors.worksport.com.

Connect with Worksport

Please follow the Company’s social media accounts on X (previously Twitter), Facebook,

LinkedIn, YouTube, and Instagram (collectively, the “Accounts”), the links of which are links to external third party websites, as well as sign up for the Company’s newsletters at investors.worksport.com. The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company.

Product social media Investor social media
Instagram X (formerly Twitter)
Facebook
YouTube
LinkedIn
Link to Newsletter

Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, SEC filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media.

The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

For additional information, please contact:

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: investors.worksport.com W: www.worksport.com E: investors@worksport.com

Forward-Looking Statements

The information contained herein may contain “forward‐looking statements.” Forward‐looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “scheduled,” “expect,” “future,” “intend,” “plan,” “project,” “envisioned,” “should,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (“SEC”), including, without limitation, our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

The issuer is solely responsible for the content of this announcement.

Yeebo Declares a Special Dividend of HKD1.8 per Share

Accelerating Growth in AI and AI Compute


HONG KONG SAR – Media OutReach Newswire – 22 January 2025 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries is referred to as the “Group”) announced that the board of directors of the Company (the “Board”) resolved to declare a special dividend of HKD1.8 per share today.

The Board declared a special dividend following the Group’s disposal of 127,578,590 shares of Nantong Jianghai (stock code: 002484.SZ), representing approximately 15% of Nantong Jianghai’s issued shares. After the transaction, Yeebo stays on as a strategic shareholder with a substantial 13.81% stake and continues confidence in Nantong Jianghai’s robust growth prospects. As at 22 January 2025, the closing price of Nantong Jianghai was RMB26.77 per share, and the market value of the Group’s interest in Nantong Jianghai was approximately RMB3.1 billion.
The disposal generated net proceeds of approximately HK$2.2 billion, which will enhance Yeebo’s financial strength and catalyze further business expansion and development. The special dividend will be payable on or around 24 February 2025, to the shareholders of the Company whose names appear on the register of members of the Company on 12 February 2025.
Mr. Douglas Fang, Chairman of Yeebo, said, “We are delighted to announce the completion of this transaction and the distribution of a special dividend to our shareholders. This reaffirms our dedication to value creation and the commitment to rewarding our shareholders for their ongoing support. By maintaining a strategic stake in Nantong Jianghai, we anticipate continued benefits from its future growth, delivering even greater rewards to our shareholders.
“We will also use some of the proceeds to further develop our core business. Over the past 18 months, we have also expanded into the field of artificial intelligence (AI) and AI compute, making significant strides in this emerging high-growth area. This advancement will drive future growth and long-term development.”

Hashtag: #Yeebo

The issuer is solely responsible for the content of this announcement.

About Yeebo (International Holdings) Limited

Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company, with a wide range of business interests in flat panel display, OLED and capacitor. Headquartered in Hong Kong, the manufacturing activities largely reside in Guangdong and Jiangsu provinces. With a global sales footprint, Yeebo is able to serve its global customers on a local basis.

ZO MOTORS North America Announces its First North American Manufacturing Plant and New Regional Headquarters in the Greater Los Angeles area of California

LOS ANGELES, Jan. 22, 2025 /PRNewswire/ — ZO MOTORS, a global leader in innovative zero-emission vehicles, proudly announces the establishment of its first North American manufacturing plant in Fontana, California. This significant milestone also marks the relocation of the company’s regional headquarters to the Fontana facility, solidifying its commitment to advancing sustainable transportation solutions in the USA.

ZO MOTORS North America Announces its First North American Manufacturing Plant and New Regional Headquarters in the Greater Los Angeles area of California
ZO MOTORS North America Announces its First North American Manufacturing Plant and New Regional Headquarters in the Greater Los Angeles area of California

The newly constructed facility spans 9.67 acres, with a factory floor area of 210,000 square feet. It is located in Fontana, a city within the Greater Los Angeles area, approximately 49 miles from downtown Los Angeles.

The new Fontana manufacturing plant will serve as the cornerstone of ZO MOTORS’ operations in the United States, supporting series production of a diverse portfolio of zero-emission products under the ZM Trucks brand. These will include electric commercial trucks, terminal tractors, and airport ground service equipment initially. The state-of-the-art facility is expected to commence production in the first half of 2025.

“Our new Fontana facility reflects ZO MOTORS’ commitment to the U.S. market, U.S. domestic manufacturing and sustainable innovation,” said Joost de Vries, CEO of ZO MOTORS. “This expansion allows us to deliver zero-emission solutions that lower total cost of ownership and drive long-term value for our customers.”

ZO MOTORS has already announced its cutting-edge manufacturing plant in Cambodia, which will be instrumental in supplying the Asian Pacific markets. The addition of the Fontana plant underscores the company’s strategic commitment to scaling its operations in regional markets and grow its global footprint.

The new regional headquarters and manufacturing facility in Fontana are expected to create significant job opportunities in the region while reinforcing ZO MOTORS’ mission to lead the transition to cleaner, more sustainable transportation solutions.

For more information about ZO MOTORS and its ZM Truck commercial vehicle brand, please visit ZMTRUCKS.COM

About ZO MOTORS

ZO MOTORS is a global leader in zero-emission commercial vehicles, dedicated to delivering sustainable transportation solutions for industries including commercial vehicle, port and aviation ground logistics as well as transit and tourist transportation. With manufacturing facilities in Asia and North America, ZO MOTORS is at the forefront of innovation, combining cutting-edge technology with a commitment to reducing environmental impact.