One New Car Rolls Off the Production Line Every 100 Seconds

BEIJING, May 8, 2025 /PRNewswire/ — ForwardX Robotics, a global leader in autonomous mobile robots (AMRs), has deployed 435 AMRs at Chery Automobile’s Dalian factory, one of the largest EV production sites in China. The project marks the largest just-in-time AMR deployment in the automotive industry, powering Chery’s transformation into a smart manufacturing leader.

As OEMs face mounting pressure to reduce costs, boost speed, and increase production flexibility, ForwardX delivers scalable automation built for the complex demands of manufacturing.

Tailored for Complex Automotive Production

Flex Series: Accelerating Material Flow in Tight Spaces

• 195 Flex AMRs streamline delivery across welding and assembly zones
• 40% increase in material handling speed
• 30% labor cost reduction during initial rollout
• Operating across 80% of key workshops

Max Series: Heavy-Duty End-to-End Automation, Syncing seamlessly with robotic arms

• 226 Max1500L and Max2500O AMRs deployed for large payloads
• Max1500L- Support 5,500 lbs payload, transport of large racks
• Max2500O- support 2.5-ton payload, engineered for heavy-duty transport
• Omnidirectional navigation for flexible maneuvering
• 24/7 automated charging ensures continuous operation

Lynx Series: Intelligent Towing Automation

• Designed for solve pain point in automotive manufacturing
• Fully integrated with Chery’s SPS system
• Optimized for high-mix, narrow-space environments

Smart Manufacturing in Action

Across key areas such as welding, stamping, and final assembly, ForwardX Robotics helps Chery streamline operations by reducing manual touchpoints, improving delivery accuracy, and boosting workflow reliability. The optimized material flow supports the automaker in reaching a production milestone of one car every 100 seconds.

With this record-breaking deployment, ForwardX delivers the scalability and agility needed for fast-paced, just-in-time production environments—addressing OEMs’ core challenges of speed, flexibility, and cost optimization.

Long-Term Partnership, Proven Results

“Our ongoing collaboration with Chery highlights how scalable automation solutions can evolve as automobile OEMs’ needs grow,” said Nicolas Chee, CEO at ForwardX. “Starting with 100+ AMRs at Chery’s Super One factory in 2023 and expanding to 435 AMRs at Dalian, our solutions have continuously adapted to meet Chery’s expanding production requirements. The ability to scale and integrate seamlessly into production lines showcases ForwardX’s commitment to long-term partnerships with automobile OEMs. With reduced total cost of ownership (TCO), enhanced safety, and readiness for Industry 4.0, we are proud to support Chery’s mission to drive efficiency and innovation across their operations.”

Experience ForwardX Live at Automate 2025

ForwardX will be showcasing its advanced AMR portfolio and the record-setting 435-unit deployment for Chery’s Dalian factory at Automate 2025. Join now to discover how can ForwardX revolutionize your operation.

• Booth: #5632
• Dates: May 12–15, 2025
• Location: Huntington Place, 1 Washington Blvd, Detroit, MI 48226, USA

Learn more about ForwardX Robotics at https://www.forwardx.com/

Challenge Us to Move Your Parts — Solving Complex Automotive Intralogistics from Roof Systems to Car Doors

BEIJING, May 8, 2025 /PRNewswire/ — Tier 1 suppliers are under pressure to move more parts, more quickly, and with greater precision than ever before. As automotive manufacturing grows increasingly complex, intralogistics solutions must adapt to handle a wide range of components — from delicate electronics to heavy mechanical assemblies — across multiple workshops, in real time.

ForwardX Robotics is tackling this challenge head-on with one of the largest known deployments of autonomous mobile robots (AMRs) in automotive sector: 435 AMRs are now live at Chery’s Dalian factory, transforming internal logistics and setting a new benchmark for scalable, intelligent automation in the industry.

Tailored AMRs for Tier 1 Complexity

To meet the evolving needs of Tier 1 suppliers, ForwardX’s solution includes three specialized AMR models that work together to streamline movement across the entire factory floor:

• Flex Series AMRs: Agile units ideal for transporting small, fragile components like circuit boards and wiring assemblies with just-in-time precision and minimal floor congestion.

• Max Series AMRs: High-capacity robots designed to move heavy items such as engines and machinery parts, synchronizing seamlessly with production lines to eliminate delays.

• Lynx U1000 Towing AMRs: Purpose-built for towing larger racks and bulky materials, fully integrated with Chery’s SPS system for autonomous delivery across key production zones.

“This deployment reflects our commitment to solving real production pain points at scale,” said Nicolas Chee, CEO of ForwardX Robotics. “Chery Automobile challenged us to streamline material flow in one of their most complex facilities — and with 435 AMRs working in harmony, we’re delivering a new era of intelligent intralogistics.”

Seamless Automation Across Multiple Workshops

The result? A synchronized flow of materials — large and small — across stamping, welding, battery, and final assembly workshops, with minimal disruption and maximum uptime. Chery’s factory can now support a vehicle rollout every two minutes, powered by autonomous logistics that adapt in real time.

Proven Across the Automotive Supply Chain

ForwardX’s technology has been successfully deployed at other leading manufacturers across Asia, highlighting its versatility across diverse workflows and factory environments:

• At Inalfa, Max-1500L AMRs excel in constrained roof system workshops, moving heavy loads through tight paths with precision.
• With BYD, Tailored Forklift AMRs featuring 2.4m forks automate material movement inside high-demand EV battery facilities, safely navigating hazardous spaces.
• At Dongfeng Auto, Lynx U1000 AMRs handle car door transport inside the welding workshop, keeping pace with high-speed production lines.

These projects illustrate ForwardX’s strength in solving both general and highly specialized intralogistics challenges — from large rack movements to delicate component handling — all with flexible, scalable robotics that integrate into existing operations.

Meet ForwardX at Automate 2025 — Booth #5632

ForwardX is redefining what’s possible in automotive intralogistics. Whether you’re producing EVs, components, or complete vehicles, our AMRs are built to move your parts with speed, precision, and safety.

Join us at Automate 2025 in Booth #5632 to experience the future of automotive logistics.

NEW YORK, May 8, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 8th

• President Donald Trump is expected to unveil a trade pact today with the U.K. that would reduce the impact of some tariffs. The President announced a 10:00 AM ET press conference this morning in the Oval Office on Truth Social.
• Federal Reserve Chair Jerome Powell noted increased uncertainty when he spoke to reporters yesterday following the latest interest rate decision. The central bank kept borrowing costs unchanged.
• Aspen Insurance (NYSE: AHL) is set to debut on the NYSE today. It priced its upsized offering at $30 a share, which was within its target range. Aspen Insurance is a Bermuda based global provider of specialty insurance and reinsurance.

Opening Bell
Aspen Insurance Holdings Limited (NYSE: AHL) celebrates its listing on the NYSE

Closing Bell
Bradesco BBI (NYSE: BBD) celebrates its annual NYSE visit with top clients from Brazil

Watch NYSE TV Live every weekday 9:00-10:00am ET

Video – https://mma.prnewswire.com/media/2682653/NYSE_Market_Update_May_8.mp4

SINGAPORE, May 8, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage, fully sponsored by Justin Sun, Advisor to HTX, and Founder of TRON.

The campaign runs from May 7, 08:00 to May 13, 04:00 (UTC). All users who completed Level 3 KYC verification on HTX are eligible to apply. Five new finalists will be selected based on registration date, trading activity, net fee contribution, and asset balance. They will join seven existing candidates, forming a group of 12, from which one winner will be chosen to embark on a space journey with Justin Sun in July 2025.

Campaign Details: https://www.htx.com.pk/support/25000906493178

A $6M Journey Beyond Earth

Justin Sun, one of the most prominent figures in the crypto industry, is personally funding the $6 million ticket for this mission. Known for his headline-making initiatives across Web3 and traditional finance, Sun aims to make space more accessible to the global crypto community.

“This mission isn’t about elites or executives—it’s about empowering users,” said Justin Sun. “Space exploration should be accessible. With this journey, we want to bring the crypto spirit beyond Earth’s limits.”

The Mars Program: Empowering Global Participation

HTX’s Mars Program has completed seven successful rounds, selecting seven individuals for potential space missions. The Special Edition marks a bold new chapter, opening participation to a broader group of users worldwide.

Rather than offering exclusive experiences to elites, HTX is extending a chance for everyday users to make history. The initiative reflects HTX’s vision of Web3 as an open, inclusive ecosystem—where breakthroughs in technology, finance, and culture converge.

Bridging Crypto and Cosmos

The Mars Program is more than a campaign—it’s a symbol of Web3’s potential to reshape real-world possibilities. HTX continues to explore how blockchain can extend beyond financial infrastructure and into personal dreams, collective imagination, and global narratives.

With this initiative, HTX positions itself at the forefront of innovation—not just in trading or technology, but in inspiring the next generation of crypto pioneers.

How to Participate

Users must complete Level 3 KYC on HTX and submit an application before the campaign ends. The winner, selected from 12 total finalists, will be announced ahead of the July 2025 launch.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

Longer Runtime, Innovative DualBlock Anti-Tangle Design, and Enhanced Self-Cleaning Build on the Success of the Beloved Stretch S6

SEATTLE, May 8, 2025 /PRNewswire/ — Tineco, a global leader in intelligent home appliances, today announces the launch of the FLOOR ONE S7 Stretch Ultra, a next-generation smart floor washer that offers extended runtime, upgraded anti-tangle technology, and an optimized self-cleaning system. Building on the success of the FLOOR ONE Stretch S6, this new model is designed to deliver even more convenience and efficiency without compromising on the features users already love.

With a 180° Lay-Flat Design, the FLOOR ONE S7 Stretch Ultra maintains the hallmark reach and maneuverability of its predecessor while introducing an advanced DualBlock™ Anti-Tangle Design and a prolonged battery life to support longer, more efficient cleaning sessions. The enhanced FlashDry™ Self-Cleaning System also preserves the highly valued routine users rely on, now using 185°F heated water and hot air, up from the previous 153°F, for a deeper clean and superior drying.

Tineco’s intelligent iLoop™ Smart Sensor Technology continues to power real-time adjustments for suction and water flow, ensuring exceptional results with minimal effort. Additional key features of the FLOOR ONE S7 Stretch Ultra include:

• Extended Runtime: Maximized battery life delivers up to 50 minutes of cleaning on a single charge.
• DualBlock™ Anti-Tangle Design: A two-part scraper system with a front comb and straight edge captures and removes hair and debris, minimizing tangles and keeping the brush cleaner for longer.
• 180° Flex Design: Stretches completely flat to reach under beds, couches, and tight spaces without moving heavy furniture.
• All-in-One LED Display: Real-time feedback on performance, battery life, and cleaning status.
• Dual Tank System: Keeps clean and dirty water separate for a consistently fresh clean.
• Dual-sided Edge Cleaning: Glides closely along baseboards, ensuring that every corner is thoroughly cleaned.

The FLOOR ONE S7 Stretch Ultra is ideal for households seeking a smarter and more powerful cleaning solution, especially in homes with pets, children, or open floor plans that demand comprehensive and efficient maintenance.

The FLOOR ONE S7 Stretch Ultra is now available on the Tineco online store and  Amazon for $699. To learn more about Tineco and its full suite of floor care solutions, including vacuums, floor washers, and carpet cleaners, visit https://www.tineco.com.

About Tineco
Tineco was founded in 1998 with its first SKU as a vacuum cleaner and, in 2019, pioneered the first-ever smart vacuum. Today, the brand has innovated into a global leader offering intelligent appliances across home categories, including floor care, kitchen, and personal care. Tineco is dedicated to its brand vision of making life easier through smart technologies and consistently innovating new devices.

For more information, please visit https://www.tineco.com.

NEW YORK, May 8, 2025 /PRNewswire/ — ABI Research, a global technology intelligence firm, awarded eight satellite operators a “Hot Tech Innovator” title for their contributions to the satellite IoT industry. Each awarded operator has been instrumental in maturing the satellite IoT ecosystem, creating new standards-based services or investing in large, IoT-compatible constellations to expand IoT customers’ options beyond terrestrial limits.

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“Though it is ramping up, the satellite IoT market has developed a reputation of being out-of-step with IoT customers’ pricing and power requirements,” says Lizzie Stokes, Senior. Analyst at ABI Research. “Each of these Hot Tech Innovators is responsible for reversing that trend, bringing to market new technologies and service offerings that are both innovative and IoT-friendly.”

One Innovator, Globalstar, is known for its affordable IoT services. Its historical focus on one-way messaging in IoT-heavy markets, like asset tracking, has allowed the company to become an expert in low-cost, low-data communications. It will continue its accessible legacy by introducing a new two-way messaging offering. Globalstar’s accompanying LTE and 5G terrestrial spectrum for private networks is also an important differentiator, allowing the company to become a comprehensive connectivity provider. Iridium, another awarded Innovator, has focused its IoT innovation efforts around multi-mode capabilities, announcing in January 2024 its own 3GPP NTN service. This service will shake up the satellite IoT competitive landscape, as it competes directly with the 3GPP NTN services offered by two other Hot Tech Innovators, Sateliot and OQ Technology.

Though fairly new to the market, Sateliot and OQ Technology have been at the forefront of 3GPP NTN adoption, building LEO constellations based on the new standard. Both companies are forming cellular partnerships with influential MNOs and MVNOs to grow their platforms as their satellite infrastructure ramps up.

The LoRa NTN standard is also pertinent to satellites’ uptake in the IoT world, serving as an NTN technology that suits the IoT’s cost and power constraints. Hot Tech Innovators Lacuna Space and EchoStar Mobile are taking different paths to the standard’s adoption, with EchoStar Mobile primarily focusing on its pan-European LoRa NTN while Lacuna Space builds its constellation and expands into new markets.

Starlink is another influential player in the satellite IoT market, with plans to offer an IoT service in 2025. The company has an impressive mega-constellation of 6,791 LEO satellites as of October 2024. However, Starlink’s dominance could face competition from Amazon as it invests in its own satellite company, Amazon Project Kuiper. Amazon Project Kuiper also plans to use a huge constellation of LEO satellites to support a wide range of customer segments, from broadband services to IoT devices.

“A satellite operator’s success in the IoT market depends on various factors. The size of its constellation, its orbital regime, and its chosen protocols can affect how an operator appeals to an asset tracking or condition-based monitoring customer,” says Stokes. “Each operator listed in this report has displayed a thorough understanding of the IoT’s inherent constraints and prioritized offerings that will bring more IoT users into the non-terrestrial market.”

These findings are from ABI Research’s Hot Tech Innovators: Satellite IoT Platforms report. This report is part of the company’s IoT Networks and Platforms research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info: 

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com