HONG KONG, Oct. 24, 2025 /PRNewswire/ — Built on Willis Carrier’s invention of modern air conditioning in 1902, Carrier constantly build upon our history of proven innovation with new products and services that improve global comfort and efficiency. Carrier proudly commemorated its 75th anniversary in Hong Kong with a grand anniversary gala at The Peninsula Hong Kong on 17 October. The event brought together nearly 100 esteemed customers and industry leaders to celebrate Carrier’s legacy of excellence and its commitment to innovation and sustainability. Carrier Hong Kong is a part of Carrier Global Corporation (NYSE: CARR), the intelligent climate and energy solutions provider.

The celebration in Hong Kong unveiled Carrier’s revitalized corporate brand identity under the new global tagline “For the World We Share”. Carrier is dedicated to creating comfortable spaces while combating climate change, ensuring that each offering benefits the environment, enhances lives, and secures a sustainable future. Through every product, service, and solution, Carrier strives to create a better future for the Earth, humanity, and next generations. The new tagline encapsulates these commitments, reflecting Carrier’s purpose-driven approach to shaping a healthier, more sustainable world.

Management Perspective: Customer-Centricity Driving Industry Change

Michael Gierges, President, Carrier Climate Solutions Asia Pacific, Middle East & Africa, stated, “At Carrier, customers are our priority. Committed to human and planetary well-being, we deliver sustainable solutions that prioritize health, safety, and happiness while advancing green energy. Since 1902, Carrier has aimed to lead innovation, and as digital technologies evolve, we will intensify R&D to drive sustainable industry growth. We also aim to provide tailored, lifecycle-focused digital solutions that deliver measurable value across diverse sectors.”

Titus Yu, President, Carrier Climate Solutions North Asia, said, “Carrier has a 75-year legacy in Hong Kong, and we’re proud to have positively impacted the community through our services. Since delivering its first centrifugal chiller to The Peninsula Hong Kong in 1963, Carrier Hong Kong has built a trusted 60-year partnership with this iconic luxury hotel. To honor this enduring partnership, we chose The Peninsula Hong Kong for our anniversary reception.”

Eric Chu, Managing Director, Carrier Hong Kong, Macau & Taiwan, stated, “Looking to the future, Carrier is committed to focusing on global energy transformation and sustainability needs, uncovering opportunities, and delivering competitive advantages for our customers and Carrier. Environmental responsibility is central to our operations as we design and deliver innovative solutions that significantly reduce greenhouse gas emissions, using high standard and data-driven intelligence system.”

A Hundred Years of Legacy: From First Inventor of Modern Air Conditioning to Life Cycle Solutions Provider

Carrier has evolved from traditional Original Equipment Manufacturer (OEM) into a service provider of HVAC lifecycle solutions and a global provider in intelligent climate and energy solutions. Beyond equipment sales and BluEdge comprehensive and digital maintenance services, Carrier delivers end-to-end lifecycle solutions across industries. By integrating Automated Logic controls solutions and AI-driven technologies like AIR Intellivisor and WATER Intellivisor, the company empowers green buildings to achieve net-zero carbon emissions, driving a more sustainable future.

Deeply Engaged in Hong Kong and Macau: 75 Years of Service Milestones and Significant Projects

Since Dr. Willis Carrier invented the world’s first modern air-conditioning system in 1902, Carrier has remained committed to innovation and craftsmanship, advancing HVAC technology. In 1950, Carrier officially entered the Hong Kong market. Over the past 75 years Carrier has successfully participated in hundreds of major commercial and infrastructure projects in Hong Kong and Macau.

Carrier’s dedication to superior quality and service has established its strength in managing large-scale projects. With advanced technology and a professional team, Carrier not only delivers efficient and reliable air-conditioning solutions, but also creates long-term value for customers through digital value-added services.

Sustainability Practices: Empowering Sustainable Development through Life Cycle Solutions

Actively championing sustainability initiatives, Carrier strives to maximize long-term value for its customers through intelligent lifecycle solutions. Carrier empowers customers to achieve energy efficiency and sustainability with tailored solutions, spanning from the initial design of buildings and chiller systems, through mid-term upgrades, to green consultancy, and digital maintenance services. In addition to developing integrated solutions for sustainable HVAC and energy management, Carrier further enhances its portfolio with digitally connected and predictive technologies to reinforce its unwavering commitments to sustainability and its vision to build a better world that we share with the future generations.

About Carrier HVAC Hong Kong

Founded by the inventor of modern air conditioning, Carrier is a world provider in high-technology heating, air-conditioning and refrigeration solutions. Carrier provides sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers. As part of Carrier Global Corporation, a global provider in intelligent climate and energy solutions, Carrier Hong Kong has been a trusted HVAC solution provider since 1950, delivering innovative HVAC systems, services and solutions committed to creating innovations that bring comfort, safety and sustainability to life.

Carrier. For the World We Share.

WUHU, China, Oct. 24, 2025 /PRNewswire/ — From October 18 to 19, the LEPAS Fun Test Drive event successfully took place, following the Global Journey of Elegant Driving (China Stop) that concluded on October 15. Together, the two events showcased LEPAS’s strength across multiple scenarios and deepened guests’ understanding of its positioning as the “Preferred Brand for Elegant Mobility Life.” 

Media, KOLs, dealers, and user representatives joined a variety of experience sessions — including Handling, Comfort, and Parking — that combined  with Automatic Parking Assist (APA) and Remote Parking Assist (RPA), and more fun challenges. Guests explored the LEPAS L8’s prompt power response, precise steering, and superior chassis tuning, while the Automatic Parking Assist impressed with its accuracy and smoothness, exemplifying how “Elegant Technology” simplifies daily driving.

Interactive experiences further enlivened the event: the external discharge function powered coffee machines and grills, while a “Storage Space Challenge” highlighted the 46 smart storage compartments of the LEPAS L8, turning product exploration into a playful competition.

Beyond immersive driving experiences, LEPAS, a new energy brand under Chery Group, engaged users in co-creation. Guests provided feedback on the upcoming LEPAS L4 and LEPAS L6 models, supporting the brand’s “Co-Create • Co-Define” philosophy from the 2025 Chery International User Summit. The showcased models — LEPAS L8, LEPAS L6, and LEPAS L4 — are all built on the new LEPAS Elegant Technology, which delivers an efficient, stable, and energy-saving foundation for elegant mobility.

In addition to the Fun Test Drive, LEPAS organized a series of flagship activities during the summit — including the grand opening of the world’s first LEPAS Elegant Lifestyle House, the LEPAS Brand Showcase & Elegant Technology Launch, the Safety Test Observation, and the Global Elegant Lifestyle Partner Program. Alongside Chery’s AiMOGA Robot-themed event and the Ecosystem Exhibition, these experiences highlighted the group’s intelligent and human-centered ecosystem vision.

Tech Center Enhances Local Innovation & Customer Support to Drive North American Growth

AUBURN HILLS, Mich. and QUERÉTARO, Mexico, Oct. 24, 2025 /PRNewswire/ — Nexteer Automotive celebrated the opening ceremony of its new Mexico Technical Center (MXTC), marking a significant milestone in the company’s strategic growth and commitment to innovation in North America. The MXTC strengthens Nexteer’s local engineering capabilities to enhance responsiveness, efficiency and quality while providing advanced technical support for OEM product development and validation in Mexico and across the region.

Nexteer’s global and local leadership along with distinguished government representatives attended today’s ceremony.

“The opening of the Mexico Technical Center marks an exciting new chapter in our globally balanced footprint strategy,” said Robin Milavec, President, Chief Technology Officer, Chief Strategy Officer and Executive Board Director of Nexteer Automotive. “By strengthening our local engineering and validation capabilities in Mexico, we are reinforcing our commitment to operational excellence, innovation and customer-focused growth across North America.”

Located in Parque Industrial Finsa II in El Marqués, Querétaro, the MXTC spans 8,900 square meters and includes local engineering support, product validation, testing and office space. The center is dedicated to Nexteer product and process technologies, delivering innovative solutions and technical support tailored to local OEM customers.

“The new technical center underscores Nexteer’s long-term commitment to Mexico and to our customers who rely on us for localized, agile engineering support,” said Juan Farias, Vice President and Chief Operating Officer of Nexteer Mexico. “We are proud to continue growing our talented technical workforce in Querétaro and to contribute to the region’s strong automotive ecosystem.”

The MXTC is staffed by a highly skilled, multidisciplinary team.  Supported by the Government of the State of Querétaro, this strategic investment strengthens Nexteer’s ability to attract top talent and collaborate with OEM customers throughout the region. 

The MXTC reinforces Nexteer’s globally balanced footprint spanning five continents with regional production and technology hubs that enable seamless collaboration, efficiency and innovation across time zones and technical specialties.

Information about MXTC career opportunities will be shared on the Nexteer Automotive Mexico LinkedIn page.

ABOUT NEXTEER AUTOMOTIVE

Nexteer Automotive (HK 1316) is a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our innovative portfolio supports by-wire chassis control, including electric and hydraulic power steering systems, steer-by-wire and rear-wheel steering systems, steering columns and intermediate shafts, driveline systems, software solutions and brake-by-wire. The company solves motion control challenges across all megatrends – including electrification, software/connectivity, ADAS/automated driving and shared mobility – for global and domestic OEMs around the world including BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as well as automakers in India and China including BYD, Xiaomi, ChangAn, Li Auto, Chery, Great Wall, Geely, Xpeng and others. www.nexteer.com

Link to Nexteer Media Center 

Link to Press Kit 

By integrating compute, connectivity, applications and orchestration, RE:AI sets new standards for AI infrastructure excellence and enterprise-scale GPU-as-a-Service delivery.

SAN ANTONIO, Oct. 24, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that Singtel‘s AI cloud service, RE:AI, by its digital infrastructure arm Digital InfraCo, has received the 2025 Southeast Asia Competitive Strategy Leadership Recognition in the GPU-as-a-Service (GPUaaS) industry for its outstanding achievements in strategic foresight, innovation and execution. This recognition highlights RE:AI’s consistent leadership in advancing AI infrastructure, strengthening its competitive position, and delivering secure, scalable and sustainable solutions that empower enterprise transformation in the digital age.

This recognition highlights RE:AI’s consistent leadership in advancing AI infrastructure, strengthening its competitive position, and delivering secure, scalable and sustainable solutions that empower enterprise transformation in the digital age.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Singtel’s RE:AI excelled in both, demonstrating a deep understanding of market dynamics and a clear ability to align long-term growth strategies with evolving enterprise and government needs. “A holistic approach that combines innovation, scalability and sovereign-first infrastructure gives RE:AI a unique competitive advantage in Southeast Asia’s AI landscape,” said Renato Pasquini, Vice President, Research at Frost & Sullivan. “By leveraging its extensive data center assets, advanced connectivity and patented Paragon platform, RE:AI delivers GPU-as-a-Service solutions that not only meet current AI demands but also anticipate future enterprise requirements.”

Guided by a forward-looking growth strategy, Singtel has built a robust foundation for AI infrastructure in Southeast Asia. RE:AI provides enterprises with on-demand access to high-performance GPUs such as NVIDIA H100s and GB200. The business has further plans to deploy next-generation GB300 Grace Blackwell Superchips in 2026. Beyond GPUaaS, RE:AI integrates compute, storage, and orchestration via Singtel’s proprietary Paragon software, offering a unified, end-to-end service that few competitors globally can match.

Innovation is central to RE:AI’s competitive strategy. By maintaining full-stack control—including data centers, network connectivity, AI compute and applications orchestration—RE:AI ensures unmatched reliability, sovereignty, and adaptability. Its AI infrastructure supports mission-critical workloads across regulated sectors, such as government, finance, research, and healthcare, enabling compliance without compromising performance.  

“We created RE:AI with the mission of enabling sovereign AI uses case by making AI open, accessible, secured and scalable. The capabilities are anchored by our patented Paragon orchestration platform and hyperconnected, sustainable AI-ready data centres. By providing secure, scalable and reliable AI services across the entire value chain, from network connectivity to GPU-powered processing, application management and cloud delivery through RE:AI, we empower enterprises to transform with AI as their trusted partner. Paragon, our award-winning platform, enables telecom network operators to evolve into sovereign AI providers, unlocking new growth opportunities powered by AI. We’re pleased that the unique competitive advantages of our RE:AI cloud service and Paragon platform have not only resonated in the marketplace but also been recognised by Frost & Sullivan. This acknowledgement is timely as we expand RE:AI into the region with our diverse partner ecosystem to accelerate AI adoption and drive innovation and growth,” said Bill Chang, Chief Executive Officer, Digital InfraCo, Singtel.

As the first mover in Singapore’s AI infrastructure space, Singtel has set the pace for regional leadership through sustained investment and expansion. Its data center portfolio, led by DC Tuas (a 58 MW facility under development), will play a pivotal role in nearly doubling its total capacity across Singapore, Malaysia, Thailand, and Indonesia to 200 MW by 2026. This expansion reflects Singtel’s commitment to providing enterprises with low-latency, compliant, and high-performance AI environments that meet local and global standards.

RE:AI’s global partnerships with providers like Vultr, Nscale, and GMI Cloud, and collaborations with major hyperscalers, also empowers enterprises with flexibility and choice to deploy AI workloads seamlessly across multi-cloud environments.

Sustainability is a cornerstone of RE:AI’s strategy. By deploying liquid cooling technologies and energy-efficient designs across its AI farms, RE:AI significantly reduces energy consumption while maintaining high performance. Complemented by renewable energy initiatives and advanced automation, RE:AI’s infrastructure aligns with global carbon reduction goals and supports customers in meeting their net-zero commitments.

RE:AI’s service excellence is equally distinguished by its predictive and proactive operations model. Through AI-powered analytics and real-time monitoring across every GPU and data hall, RE:AI maintains optimal uptime and system performance with minimal intervention. This approach is supported by a dedicated customer success function that ensures feedback-driven enhancements and empowers clients to unlock the full potential of AI in their operations.

Frost & Sullivan commends RE:AI for its leadership in shaping the future of AI infrastructure in Southeast Asia. Its sovereign-first strategy, sustainable innovation, and seamless ecosystem integration position it as the preferred partner for enterprises seeking to scale AI capabilities securely and efficiently.

Each year, Frost & Sullivan presents the Competitive Strategy Leadership Recognition to companies that demonstrate outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition honors forward-thinking organizations driving industry transformation through innovation and strategic excellence.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.

Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.singh@frost.com

About Singtel

Singtel is a leading Asian communications technology group, operating next-generation connectivity, digital infrastructure and digital businesses including regional data centre arm Nxera and regional IT services arm NCS. The Group has presence in Asia, Australia and Africa and reaches over 800 million mobile customers in 20 countries.

For consumers, Singtel delivers a complete and integrated suite of services, including mobile, broadband and TV. For enterprises, Singtel offers a complementary array of workforce mobility solutions, data hosting, cloud, network infrastructure, analytics and cyber security capabilities.

Singtel is dedicated to continuous innovation, harnessing technology to create new and exciting customer experiences, support enterprises in their digital transformation and shape a more sustainable, digital future.

For more information, visit www.singtel.com.

BEIJING, Oct. 24, 2025 /PRNewswire/ — Neolix, the world’s largest provider of L4 autonomous delivery (RoboVan) solutions, has raised over US$600 million in its Series D financing. This round marks the largest private fundraising in China’s autonomous driving sector to date and is among the biggest private investments in China this year.

The round was led by UAE-based Stone Venture, joined by Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund and one of the largest internet platforms in China. Other key investors include Legend Capital, Gaorong Ventures, Templewater, SAIC etc. The new funds will be used to advance Neolix’s proprietary autonomous driving algorithms, accelerate product development across new commercial use cases, enhance its service network and user experience, and fuel its global expansion plans.

Founded by Mr. Enyuan Yu, Neolix has rapidly emerged as a global leader in autonomous delivery vehicles since its launch in 2018. The company has delivered over 10,000 L4 RoboVans, more than any other firm worldwide, and achieved a record-breaking 2,000 vehicle deliveries in a single month. Its vehicles are now deployed in over 300 cities in China, with Qingdao hosting more than 1,200 units. Neolix’s popular X3 and X6 models have each surpassed 4,000 deliveries, demonstrating strong market demand.

Technologically, Neolix has introduced major innovations, including its AI model “Neolix-VA” for smooth navigation in complex traffic, a map-free driving system for flexible urban logistics, and a smart dispatch platform that optimizes vehicle, road, and order coordination. These advancements have helped Neolix’s fleet surpass 50 million kilometers in autonomous driving.

Since receiving China’s first autonomous delivery license in 2021, Neolix has grown exponentially, now holding over 60% of the market share in cumulative shipments and serving more than 300,000 clients. It dominates the express delivery sector and is expanding into fresh food, cold chain, and instant delivery services. Internationally, Neolix is scaling up, having secured the UAE’s first RoboVan license in partnership with an Abu Dhabi – based Tech Company, marking its global expansion beyond China.