DUBAI, UAE, Dec. 12, 2025 /PRNewswire/ — Robo.ai Inc. (NASDAQ: AIIO), a technology platform dedicated to “AI, Smart Device and Smart Asset”, today announced that it has entered into definitive agreements with ATW Partners (www.atwpartners.com) for a total of $180 million financing arrangement. The financing is comprised of $80 million in convertible notes and a $100 million equity purchase facility commitment. The Company also announced that it has completed the first tranche of the transaction on December 11, 2025.

The Company intends to utilize the proceeds from this financing primarily to support strategic transformation, potential mergers and acquisitions, and general corporate operations. This capital injection is designed to strengthen the Company’s balance sheet and enhance operational flexibility, supporting its strategic initiatives across three core pillars: AI Software, Smart Device, and Smart Assets.

ATW Partners focuses on “smart and strategic investing”, looking for cutting edge companies with long term growth potential. Robo.ai is currently executing a global expansion of its technology portfolio. The Company is advancing several key initiatives, including the delivering orders of smart logistics and commercial vehicles, the deployment of the low-altitude economy sector via its eVTOL company, and the construction of “Robo.ai Industrial Park” in UAE, and building digital infrastructure for the upcoming machine economy.

The financing agreement utilizes a structure whereby subsequent closings may be initiated at the Company’s discretion, contingent upon capital market conditions and investment targets. This mechanism is intended to provide Robo.ai with the financial autonomy to maintain capital strength for long-term development while allocating capital efficiently according to the pace of business operations and shareholder interests.

About Robo.ai Inc.

Robo.ai Inc. (NASDAQ: AIIO) is a technology company based in the UAE, dedicated to developing a global AI-enabled robotics platform. The company aims to create a decentralized AI network for connecting AI terminals and promoting an intelligent future. Their focus includes integrating AI into smart devices and smart assets.

This press release includes “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. Actual outcomes may differ materially from expectations — please refer to the company’s SEC filings for details.

SHENZHEN, China, Dec. 12, 2025 /PRNewswire/ — As holiday gifting reaches its peak, Olight’s ArkPro is emerging as a standout favorite among creators, outdoor enthusiasts, and shoppers searching for a gift that feels both practical and premium. This Christmas, the rise of “useful gifts with real value” is reshaping holiday trends across the US, placing products like ArkPro firmly in the spotlight.

Introduced during this year’s Black Friday season as Olight’s newest flagship release, ArkPro quickly gained momentum as a smart and stylish pick for people who appreciate tools built for real-world use. The excitement continued into December, fueled by a collaboration with Anker, one of today’s most trusted consumer tech brands known for chargers, power banks, and travel essentials. The product was featured as a gift at Anker’s creator community event, reaching filmmakers, photographers, and builders who rely on reliable lighting. Trust from these growing communities allows Olight to innovate with vision, creating products that lead trends.

Creators and outdoor users have praised ArkPro’s slim, flat profile and its reliability in real-world tasks. Its four-in-one lighting system adapts seamlessly to work, travel, and daily carry, while the industry-first dual-tone colorway showcases Olight’s meticulous craftsmanship. The ArkPro Ultra builds on this with an OAL body and a signature breathing-light detail, giving it a distinctive identity within the EDC community. As U.S. gifting trends shift toward durable, meaningful, and tech-forward presents, ArkPro has become a natural choice for shoppers seeking both practicality and sentiment, offering a compact yet powerful companion for home emergency users, night-time drivers, light adventurers, and design-minded users alike. Its polished design delivers a memorable unboxing experience.

With holiday shopping entering its final stretch, ArkPro is emerging as one of the season’s most meaningful gift choices, strengthened by growing creator and user endorsements that continue to amplify its presence across social channels. Building on this momentum, Olight plans to deepen collaborations with creator communities and tech innovators in the coming year, expanding what many fans recognize as the next chapter of everyday lighting.

From Dec. 12 to Dec. 16, enjoy up to 40% off and explore a holiday collection crafted to make every gift feel intentional and unforgettable. Visit: Buy ArkPro Series Flat EDC Flashlight | Pure Flood Flashlight – Olight

About Olight

Founded in 2007, Olight is a global innovator in portable lighting, offering pioneering products for everyday carry, outdoor, tactical, and professional use. With over 1,200 patents and multiple Red Dot and iF Design Awards, Olight’s products are now available in more than 100 countries, driven by a mission to illuminate the world — not just with brightness, but with purpose.

Contact: pr@olight.com 

Hyosung Chairman Cho Hyun-Joon Aims to Make the Memphis Power Transformer Plant the Largest Transformer Factory in the U.S.

SEOUL, South Korea, Dec. 12, 2025 /PRNewswire/ — Hyosung Heavy Industries announced that it will invest $157 million in its Power transformer plant located in Memphis, Tennessee, to expand Power transformer production capacity by more than 50% by 2028.

Total $300 Million Investment Makes the Plant the Largest Transformer Facility in the U.S.

Hyosung Heavy Industries’ additional expansion follows the directive of Chairman Cho Hyun-Joon, who emphasized the need to establish a forward-looking operating framework that positions the company ahead of the curve in the AI-era power infrastructure market.

Hyosung Heavy Industries has invested a total of $300 million, including the acquisition of the Memphis plant and this latest third-phase expansion. With this additional investment, the Memphis Power transformer plant will hold the largest production capacity in the United States.

The Memphis plant is the only facility in the U.S. capable of designing and manufacturing 765kV Power transformers. The 765kV Power transformer, known for its high design and manufacturing complexity, significantly reduces transmission losses compared to existing 345kV or 500kV transformers.

Through this investment, Hyosung Heavy Industries strengthens its position as the operator of the largest Power transformer production facility in the U.S., enhancing both technological competitiveness and local production and supply capabilities—solidifying its position as a leading company within the global power equipment industry’s Big Four.

The Outcome of Chairman Cho Hyun-Joon’s Steadfast Leadership

Chairman Cho has viewed establishing a U.S. production base as a key driver of competitiveness in the future power infrastructure market, leading to the acquisition of the Power transformer plant in Tennessee in 2020. The decision reflected his confidence in the long-term growth potential of the U.S. power market and the expansive site capabilities of the Memphis facility, despite internal concerns regarding various risks at the time of acquisition.

Chairman Cho stated, “The future of the power industry lies not only in equipment, but in the capability to holistically manage power flow, storage, and stability,” adding, “Based on our strengthened position in the North American market through this expansion, we will firmly establish our standing as a global total solutions provider.”

This year, Chairman Cho met with numerous Silicon Valley IT leaders and key figures in the global energy sector—including U.S. Secretary of Energy Chris Wright, Qatar Minister of State for Energy Affairs Saad Sherida Al-Kaabi, Oracle CEO Safra Catz, and International Energy Agency Executive Director Fatih Birol—to engage in in-depth discussions on industry transformation and potential collaborations.

In particular, he met with Senator Bill Hagerty three times this year, including during the “Korea-U.S.-Japan Economic Dialogue” last October, maintaining close communication. He also met with Tennessee Governor Bill Lee and agreed to collaborate in making the Memphis plant a core hub for the North American power industry.

70 Embassies Unite to Celebrate Global Culture and Traditions at the Ronald Reagan Building and International Trade Center in Washington, DC

WASHINGTON, Dec. 12, 2025 /PRNewswire/ — On Tuesday, December 9, 2025, the 12th Annual Embassy Showcase, Winternational, presented by World Trade Center Washington, DC (WTCDC), gathered 70 embassies and cultural organizations and welcomed 8,000 guests to celebrate international culture, tourism, and trade at the Ronald Reagan Building and International Trade Center (RRB/ITC).

8,000 Winternational attendees explored embassy exhibits and enjoyed the international performance stage at the 12th Annual Embassy Showcase at the Ronald Reagan Building and International Trade Center in Washington, DC.

“Winternational is a vibrant celebration of culture, diplomacy, and connection,” said Allyson Browne McKithen, Executive Director of World Trade Center Washington, DC; Vice President of International Programs for TCMA; and the event’s founder. “With 8,000 attendees and 70 participating embassies and cultural organizations, this year’s Showcase highlighted the strength that comes from uniting as a global community. Only in Washington can you experience such a powerful display of cultural exchange—one that deepens understanding, fosters meaningful relationships, and reminds us that shared experiences build lasting bridges between nations.”

As exhibits opened, more than 25 ambassadors joined event organizers and stakeholders for a private reception, overlooking the bustling showcase floor. Kimberly A. Basset, Secretary of State of the District of Columbia, delivered Mayor Muriel Bowser’s proclamation declaring “Winternational Day” in Washington, D.C. Remarks were also shared by John P. Drew, President and CEO of TCMA (A Drew Company); H. E. Abdulkhaliq Bin Rafaa, Ambassador of League of Arab States Mission; and Felis Andrade, Director of External Communications and Community Relations for Giant Food. Each speaker emphasized the significance of the Showcase as a platform for public diplomacy and a valuable opportunity for Washington’s vibrant diplomatic community to connect with local residents.

Winternational transformed the RRB/ITC into a global marketplace with interactive embassy displays featuring traditional art, cuisine, handicrafts, and tourism experiences. Guests enjoyed elaborate Bolivian carnival masks, photo opportunities with a Qatari Gyr Falcon, and a dynamic performance stage curated by the League of Arab States Mission. Exhibitors also offered authentic handmade goods including Rwandan peace baskets, Honduran jewelry, Guyanese wood carvings, Ecuadorian ponchos, and embroidered textiles from Palestine and Malaysia. Attendees sampled and purchased culinary offerings such as Jamaican meat patties, Slovenian walnut potica, Grenadian Oil Down, Egyptian Koshary, the Cypriot dessert soutzoukos and Halloumi cheese, and single origin coffees from Colombia, Dominican Republic, Indonesia, Guatemala, Rwanda, and Vietnam, plus a selection of international snacks, beverages, and spices from Platinum Sponsor Giant Food’s pop-up market.

This year marked the introduction of a dedicated performance stage in the Atrium, featuring 12 international dance troupes representing Azerbaijan, Cuba, Gabon, Ethiopia, Peru, Dominican Republic, Bolivia, and more. The Showcase also marked the debut of the “Best Embassy Exhibit” Awards, adding a new element of excitement and recognition to the program. A panel of distinguished judges selected Algeria, Ethiopia, and Malaysia to receive the Judges’ Choice Awards, honoring one standout exhibit from each of the three exhibition halls. Throughout the day, attendees eagerly cast thousands of votes for their favorite cultural display, ultimately naming Saudi Arabia as the winner of the People’s Choice Award.

Participating embassies included Algeria, Argentina, Azerbaijan, Bahamas, Barbados, Bolivia, Burundi, Cabo Verde, Cameroon, Chile, China, Colombia, Costa Rica, Cote d’Ivoire, Cuba, Cyprus, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Eritrea, Ethiopia, Gabon, Georgia, Grenada, Guatemala, Guinea, Guyana, Haiti, Honduras, Indonesia, Iraq, Jamaica, Kenya, Kuwait, League of Arab States, Lebanon, Libya, Madagascar, Malawi, Malaysia, Maldives, Mauritania, Mexico, Morocco, Nepal, Nigeria, Pakistan, Panama, Peru, Philippines, Qatar, Rwanda, Saudi Arabia, Serbia, Sierra Leone, Slovenia, Sri Lanka, St. Kitts and Nevis, Sudan, Tanzania, Trinidad and Tobago, Tunisia, Türkiye, Uganda, Ukraine, Vietnam, Zambia, and Zimbabwe.

“Each year, Winternational grows in scale, energy, and global significance,” said John P. Drew, President and CEO of TCMA (A Drew Company), the exclusive manager of RRB/ITC. “It has become a cornerstone event for international diplomacy in Washington—bringing the world together under one roof and offering a powerful platform for cultural exchange, trade, and tourism promotion. What began as a small outdoor celebration is now the nation’s largest embassy marketplace, strengthening our global network and advancing our mission to make the World Trade Center Washington, DC at the Ronald Reagan Building and International Trade Center a premier destination for global commerce and cultural connection.”

Winternational was made possible with support from Presenting Sponsors: World Trade Center Washington, DC, Ronald Reagan Building and International Trade Center and TCMA; Platinum Sponsors: Giant Food and the League of Arab States; Gold Sponsors: World Trade Center Boston and World Trade Center Dublin; Silver Sponsors: Argos Fragrances, Black Professionals in International Affairs, Ibero-American Cultural Attaché Association, Swiftdox, and Washington International Trade Association; Bronze Sponsors: Carlos Rosario International Public Charter School, National Children’s Museum, Theatre Washington, The American Uzbekistan Chamber of Commerce, U.S.-Kyrgyzstan Business Council, and U.S.-Tajikistan Business Council; and Media Sponsors: El Tiempo Latino and The Washington Diplomat.

About Ronald Reagan Building and International Trade Center (RRB/ITC)

Ronald Reagan Building and International Trade Center is a dynamic hub for government, business, culture, and community, in the heart of the nation’s capital. As the first and only federal building dedicated to both public and private use, RRB/ITC is the official World Trade Center Washington, D.C., and a premier conference and event venue with executive office space, attractions, dining, retail, parking, and community activities.

World Trade Center Washington, D.C. (WTCDC) utilizes World Trade Centers Association’s vast ecosystem, of more than 1 million affiliated businesses in nearly 100 countries and territories to leverage its global connections and capabilities. With this extended network, WTCDC ensures the RRB/ITC offers a powerful forum for convening international dialogue, fostering diplomacy, and advancing a more prosperous U.S. economy. Through strategic partnerships and tailored programming, WTCDC presents the RRB/ITC as a premier destination for influential events including high-profile summits, conferences, and cultural programs. Visit www.rrbitc.com or follow us at @ReaganITCDC.

Trade Center Management Associates (TCMA) is the exclusive manager of Ronald Reagan Building and International Trade Center (RRB/ITC). TCMA’s team specializes in International Trade Services, Real-Estate Management and Hospitality. For more information, visit drewcompany.com/hospitality.

KUALA LUMPUR, Malaysia, Dec. 12, 2025 /PRNewswire/ — Young consumers in Malaysia face increasing pressure regarding housing, whether setting up a new home or replacing appliances in an existing one. They need modern, high-quality, and cost-effective solutions to upgrade their daily lives with smarter appliances. This high demand calls for air conditioners that balance advanced functionality with excellent value, which is a crucial upgrade for improving everyday comfort and efficiency.

As Germany’s No.1 air conditioner brand, Comfee is a lifestyle-driven brand specifically designed for the young generation. Built around the philosophy of “cooling smart with style,” Comfee combines sleek modern design with intelligent features to deliver solutions that reflect core youth values of efficiency, convenience, and value.

For the young generation, who deeply value their time and energy, Comfee offers a worry-free experience by optimizing how they manage effort, time, and money:

• Save Effort: Cleaning an AC usually means finding a service center, booking a visit, waiting for a technician, paying service fee and so on — a process that can take days. With the built-in Active Clean+ self-cleaning system, Comfee Gusto performs a 42-minute deep frost-cleaning cycle, maintaining a fresh and healthy air. As one consumer shared, “The self-cleaning feature truly amazed me. It delivers clean, healthy air while completely relieving me of the burden of maintenance.“
• Save Time: You can control Gusto AC with just an APP on your phone. For one user, this feature was essential: “In the hot summer, this function is a lifesaver. I can turn it on before I even get home and walk into instant, refreshing coolness.” With the SmartHome app, users can control the AC anytime, anywhere —even automatically turning it on/off from as far as 15km away. With smart mode and energy monitoring in real-time on the phone, electricity bills will no longer be a burden during hot days.
• Save Money: Powered by ECO+, equipped with AI Algorithm, Gusto achieves over 30% energy savings while maintaining a chill cooling experience.“Saving electricity is saving money,” one user noted. “Now I don’t have to worry about the power bill, even if I run it all day. It genuinely improved my daily life.” Better energy savings capability makes Comfee a smarter long-term investment.

For young consumers managing a busy life, Comfee offers an intelligent solution that supports their lifestyle, helping them build a comfortable and efficient home. After its official launch in Malaysia this summer, Comfee is providing more discounts at the end of this year. Now is the perfect time to seize the opportunity during the upcoming Double 12 period to enjoy special benefits like free installation or value-added gifts with select models, making Comfee Gusto the must-consider choice for upgrading your experience for the new year.

Follow Comfee

• Shopee