Technology

Kia Gwangmyeong EVO Plant Opens to Significantly Expand EV Production

Published

4 hours ago

September 27, 2024

Kia celebrates the completion of Hyundai Motor Group’s first dedicated EV manufacturing facilityKia Gwangmyeong EVO Plant, located at Kia Autoland Gwangmyeong, to mass-produce Kia EV3 and EV4 modelsThe new facility to have production capacity of 150,000 units per yearPrevious internal combustion engine (ICE) vehicle plant transformed to facilitate EV production and accelerate delivery of Kia’s strategic sustainable manufacturing and mobility goalsCutting-edge manufacturing initiatives include water-based painting as well as automated processesThe EVO Plant to set a new era for Kia’s move towards electrification, through production of the brand’s high quality EV lineup

SEOUL, South Korea, Sept. 26, 2024 /PRNewswire/ — Kia Corporation has today celebrated the opening of Kia Gwangmyeong EVO Plant, Hyundai Motor Group’s (the Group) first dedicated EV manufacturing facility.

Located at Kia Autoland Gwangmyeong, the new South Korean facility has an annual production capacity of 150,000 units and started production of the Kia EV3 in the first half of this year, to be followed by the EV4 in the first half of 2025. Derived from the term ‘Evolution’, the Kia Gwangmyeong EVO Plant demonstrates how Kia will continue to change and move forward as it aims to become a leader in the future of mobility.

To celebrate the completion of the project, Kia hosted around 150 guests during a ceremony at the new Kia Gwangmyeong EVO Plant, including Jun Young Choi, Executive Vice President and Head of Domestic Production Division at Kia; Seung Won Park, Mayor of Gwangmyeong City; and O Kyeong Lim and Nam Hee Kim, Members of the 22nd National Assembly of the Republic of Korea.

“The completion of the Kia Gwangmyeong EVO Plant solidifies Kia’s first step as an EV leader following the company’s brand relaunch in 2021. With the goal of providing sustainable mobility solutions, we will lead innovation in the EV market and fulfil our responsibilities in helping to deliver a sustainable future”, said Jun Young Choi, Executive Vice President and Head of Domestic Production Division at Kia, during a welcoming speech at the event.

Seung Won Park, Mayor of Gwangmyeong City also added, “The completion of the Kia Gwangmyeong EVO Plant will help Gwangmyeong City to establish itself at the center of the EV industry in Korea. Through this we will strive to promote sustainable development of the local economy and create more jobs.”

In order to flexibly respond to changes in global demand for EVs, Kia has been steadily preparing for EV production at its global facilities. The Gwangmyeong EVO Plant is a dedicated EV facility, with an investment total of KRW 401.6 billion over approximately 60,000 square meters and will serve as an outpost for production of Kia’s popular EV models.

Kia has spent approximately one year transforming Gwangmyeong Plant 2, which was completed in 1987 to produce small internal combustion engine vehicles such as the Kia Pride, Avella and Stonic. The Kia Gwangmyeong EVO Plant is also meaningful in that it is the Group’s first dedicated EV plant and a facility that has been completely rebuilt on an existing plant site to become a hub for next-generation vehicle production.

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SOURCE Kia Corporation

Technology

The Nevermore Haunt Returns for a Terrifying 2024 Season

Published

48 mins ago

September 27, 2024

Get ready to face your darkest fears as The Nevermore Haunt, Maryland’s most terrifying haunted attraction, announces its return for the 2024 season. This year’s haunt promises to be more chilling, more intense, and more unforgettable than ever before.

BALTIMORE, Sept. 27, 2024 /PRNewswire-PRWeb/ — Get ready to face your darkest fears as The Nevermore Haunt, Maryland’s most terrifying haunted attraction, announces its return for the 2024 season. This year’s haunt promises to be more chilling, more intense, and more unforgettable than ever before.

“We’re doing some really cool things with special effects that you won’t see anywhere else. I think customers are going to be really impressed with some of the new surprises we have in store for them this year.”

Prepare to be transported into a world of macabre visions as you navigate through The Nevermore Haunt’s meticulously crafted sets. With new scares, terrifying twists, and spine-tingling surprises around every corner, this year’s haunt is not for the faint of heart.

Key features of the 2024 season include:

New Haunting Scenes: Experience never-before-seen terrors as The Nevermore Haunt introduces thrilling new attractions.Enhanced Special Effects: Immerse yourself in a world of chilling illusions and sensory overload with cutting-edge special effects.Expertly Trained Actors: Encounter terrifying characters brought to life by talented and dedicated actors who will push the boundaries of fear.Live Sideshow Entertainment: Enjoy thrilling live performances that will amaze and astound you before you enter the haunt.Food and Drink: Indulge in delicious food and refreshing beverages at the on-site food trucks and bar.

Don’t miss out on the most terrifying Halloween event in Maryland. Purchase your tickets now and prepare to be haunted!

Visit our website for more information and to buy tickets: thenevermorehaunt.com

About: The Nevermore Haunt is a top haunted house in Maryland, offering a terrifying and unforgettable experience for visitors of all ages. With its immersive themes, talented actors, and cutting-edge special effects, The Nevermore Haunt has become a beloved Halloween tradition for locals and visitors alike.

Media Contact

Tom Wingate, The Nevermore Haunt, 1 4106963313, info@thenevermorehaunt.com, https://thenevermorehaunt.com/baltimore-haunted-attractions/

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SOURCE The Nevermore Haunt

Technology

Premiere of new Pimax VR headset at TGS2024

Published

48 mins ago

September 27, 2024

TOKYO, Sept. 27, 2024 /PRNewswire/ — Since expanding into the Japanese market, Pimax has quickly made waves, fostering collaborations with local distributors and major gaming companies. At the Tokyo Game Show (TGS) 2024, held from Septemeber 26th to 29th, Pimax introduced its latest flagship product—the Pimax Crystal Light and the Wireless 60G AirLink.

Pimax is a leading innovator in the virtual reality (VR) industry, operating in 72 countries and specializing in professional-grade VR headsets for mid- to high-end users. Their VR headsets are tailored for a range of sectors, including entertainment, industrial applications, and medical fields. At booth #10-C10, Pimax engaged visitors with immersive demonstrations of popular games such as iRacing, VR Chat, and Half-Life: Alyx. Attendees were particularly impressed by the Crystal Light’s stunning visual clarity and comfortable design, reinforcing its position as a new benchmark in the VR industry. Its booth also attracted widespread attention from prominent media outlets such as Nikkei News, Ubisoft, BicCamera, MOZA, DELE, and the official TGS team, as well as key industry partners and influencers.

Pimax Crystal Light boasts a cutting-edge 35 PPD high-definition display (2880 x 2880 resolution per eye) and is the first VR headset globally to feature glass lenses, offering an unparalleled visual experience. Its FFR 2.0 rendering technology further reduces system demands, making high-quality VR more accessible. Notably, during the recent Microsoft Flight Simulator 2024 preview event, the Pimax Crystal Light was selected as the preferred VR headset for the demonstration, highlighting its growing recognition and credibility within the VR community.

Additonally, Pimax Japan’s Marketing Manager, Leo Guo, also introduced the Wireless 60G AirLink, a highly anticipated product that leverages cutting-edge 60G technology for ultra-fast data transmission, low latency, and impressive bandwidth—eliminating the need for a DP cable. According to Lay Zhang, Pimax’s General Manager for the APAC region, this product is now available for pre-order and is expected to launch in the coming months.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/premiere-of-new-pimax-vr-headset-at-tgs2024-302260825.html

SOURCE Pimax Innovation Inc.

Technology

Moomoo Malaysia Becomes First to Launch US Options Trading in Malaysia, Expanding Access to Global Markets

Published

48 mins ago

September 27, 2024

KUALA LUMPUR, Malaysia, Sept. 27, 2024 /PRNewswire/ — Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) is proud to announce it has become the first platform in Malaysia to offer US Options trading, marking a major milestone in the Malaysian financial market. This significant expansion of Moomoo’s product offerings follows the announcement at the recent #MerdekaBersamaMoofest and continues the company’s commitment to provide Malaysians with broader access to global financial markets.

With the introduction of US Options, Moomoo Malaysia is offering investors the ability to trade options on some of the world’s largest and most prominent companies listed on the US stock exchanges. This new feature will allow users to diversify their investment strategies, hedge positions, and gain more control over their portfolios by leveraging options trading strategies.

Empowering Malaysian Investors with Advanced Tools

According to Moomoo Malaysia’s recent Retail Investor Sentiment Survey, 33% of Malaysian investors are actively looking to global markets as part of their strategy to diversify their portfolios, while 37% of Malaysian investors are focusing on high-growth sectors such as technology, artificial intelligence (AI), and finance, especially in global markets like the US. With US Options trading now available, moomoo provides a timely and effective solution for Malaysian investors to gain exposure to the world’s largest market, offering them the tools to navigate both local and international financial opportunities.

Ivan Mok, Chief Executive Officer of Moomoo Malaysia said, “We’re thrilled to be the first in Malaysia to introduce US Options trading. This is a transformative step for the local investment landscape, giving our users access to sophisticated financial tools typically available in more mature markets. With the ability to trade options on major US companies, our users can now tailor their investment strategies to both protect their portfolios from volatility and capitalize on global growth sectors like tech and AI. This is an important step for Malaysian investors looking to diversify beyond traditional stocks and gain access to some of the world’s largest markets.”

He added, “What sets moomoo apart is not just the access to US Options but the complete ecosystem we provide—integrated educational resources, advanced data, and analysis tools. We want to ensure our users, whether they are new to options trading or seasoned investors, can confidently execute their strategies with the support they need at every step.”

Lowering Barriers through Greater Investor Support

In line with its mission to empower investors, Moomoo Malaysia will continue to offer comprehensive educational resources designed to help users of all levels understand the intricacies of US Options trading. These resources include in-depth guides, real-time market data, active community forums, as well as interactive webinars hosted by industry experts, all available within the moomoo app.

From a community standpoint, Malaysian investors have the opportunity to tap into a shared, collaborative space on the moomoo app via the “Moo Community”, which hosts over 23.8 million investors worldwide. The launch of US Options trading will encourage greater discussions on portfolio management and diversification strategies, through valuable community insights into market trends and investment strategies.

Since its launch in February 2024, Moomoo Malaysia has rapidly become the leading digital investment platform in the country, gaining its first 100,000 clients within 6 weeks of their debut. The platform was also recently voted as the ‘Best Up and Coming Digital Investment Platform’ in Malaysia at the recent PC.com 2024 Readers Choice Award, a recognition of Moomoo’s commitment to the local investment landscape by providing greater accessibility and unparalleled resource access. This latest development further strengthens Moomoo Malaysia’s position as a pioneer in the financial technology space, continuously setting new benchmarks for the local investment scene.

For more information on the new US Options trading service on Moomoo Malaysia, please visit https://www.moomoo.com/my/promotion/us_options.

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SOURCE Moomoo Malaysia