Latest news with #MarkZhang
Zawya
28-02-2025
- Automotive
- Zawya
GAC Revs up UAE Market with dynamic GAC EMPOW R launch at Dubai Autodrome
GUANGZHOU, China /PRNewswire/ -- GAC, a leader in the automotive world known for its innovative and high-performance vehicles, has taken the UAE by storm with the official launch of the GAC EMPOW R. The thrilling debut took place at the iconic Dubai Autodrome, a fitting backdrop for a car that is set to redefine performance in the region. The launch event drew the attention of car enthusiasts, KOLs, and the region's top automotive influencers. At the heart of the GAC EMPOW R is a 2.0-liter turbocharged engine, delivering an astonishing 265 horsepower and a massive 400 N-M of torque. This powerhouse accelerates from 0 to 100 km/h in a breathtaking 5.7 seconds, ensuring that every moment behind the wheel is an exhilarating ride. Whether taking on the smooth, winding corners of the Dubai Autodrome or accelerating down the straights, the EMPOW R's exceptional handling and dynamic performance are unmatched. The launch event featured prominent representatives, including Mark Zhang, General Manager of GAC International Middle East Company, and Morgan Sunderland, General Manager of Gargash Motors – GAC. Mark Zhang kicked off the event, stating, "The UAE is an essential market for GAC, and the introduction of the EMPOW R underscores our relentless focus on blending innovation, high performance, and technological excellence. This is a car built for modern drivers who demand more – more power, more thrills, and more cutting-edge features." Morgan Sunderland followed up with his thoughts, remarking, "At Gargash Motors, we are driven by a passion to deliver outstanding vehicles, and the GAC EMPOW R represents the pinnacle of that mission. This car isn't just about stunning design – it's about delivering an unparalleled driving experience." The GAC EMPOW R features a luxurious interior boasts premium front bucket seats, upholstered in suede and leather with carbon fiber accents, creating an environment that balances comfort with sportiness. With a suite of advanced tech features including an 8-speaker Yamaha sound system, dual 10.25-inch LCD displays, and a 360-degree surround-view camera system, the EMPOW R offers a driving experience that is both intelligent and thrilling. Safety is paramount, with a range of advanced driver assistance systems, including ACC, FCW, AEB, LKA, RCTA, and BSD. With a 5-year warranty and 2 years of complimentary service, GAC is ensuring that the excitement doesn't end when the car leaves the showroom floor.
Zawya
27-02-2025
- Automotive
- Zawya
Gargash Motors ignites passion for performance with GAC EMPOW R launch
UAE-Dubai: Gargash Motors, one of the leading car distributors in the UAE, has officially launched the GAC EMPOW R at an exclusive event, further strengthening its commitment to delivering high-performance and innovative automotive solutions to the region. Senior management from Gargash Group and GAC MOTOR attended the event, where Morgan Sunderland, General Manager of Gargash Motors, Khaled El Assal, GAC National Sales Manager of Gargash Motors and Mark Zhang, General Manager – GAC MOTOR International Middle East, led the unveiling. Guests also enjoyed an exclusive track experience. Speaking at the launch, Khaled El Assal stated: 'At Gargash Motors, we take pride in bringing exceptional vehicles to the UAE market. The launch of the GAC EMPOW R is a testament to our dedication to meeting the growing demand for high-performance, technologically advanced vehicles that blend striking design with cutting-edge features. This model is set to redefine the driving experience with its dynamic performance and modern aesthetics.' Mark Zhang added: 'The UAE is a key market for GAC MOTOR, and the introduction of the EMPOW R highlights our focus on innovation and performance. This model has been meticulously designed to meet the expectations of modern drivers, offering a thrilling yet comfortable driving experience. We are eager to see how it resonates with automotive enthusiasts in the region.' The GAC EMPOW R is powered by a 2.0-liter turbocharged engine, producing an impressive 265 horsepower and 400 N-M of torque, allowing it to accelerate from 0 to 100 km/h in just 5.7 seconds. The GAC EMPOW R is powered by a 2.0-liter turbocharged engine, producing an impressive 265 horsepower and 400 N-M of torque, allowing it to accelerate from 0 to 100 km/h in just 5.7 seconds. Equipped with ZF DP-EPS steering system, Bosch ESP10.0, premium Continental 4-piston fixed calipers, and Michelin performance tires. This high-performance sedan combines power, efficiency, and cutting-edge technology in a sleek and aerodynamic package. This high-performance sedan combines power, efficiency, and cutting-edge technology in a sleek and aerodynamic package. With a starting price of AED 119,900, the GAC EMPOW R offers exceptional value, complemented by a 5-year warranty and 2 years of complimentary service. Customers can choose from five sophisticated exterior colors: Black, White, Grey, Matte Grey, and Silver. Inside, the vehicle features premium front bucket seats upholstered in suede and leather with carbon fiber accents, offering a blend of comfort and sportiness. Designed with technology and safety at its core, the EMPOW R comes equipped with an advanced driver assistance system, including Adaptive Cruise Control, Forward Collision Warning, Autonomous Emergency Braking, Lane Keep Assist, Rear Cross Traffic Alert, and Blind Spot Detection. Additionally, it boasts an 8-speaker Yamaha sound system, a dual 10.25-inch LCD display cluster, and a 360-degree surround-view camera with an intelligent parking system, ensuring a superior driving experience. For more information, visit About Gargash Group Established in 1918, Gargash Group is one of the UAE's leading business enterprises. Today, the group comprises a family of internationally renowned brands operating across four verticals: automotive, real estate, financial services and F&B. It is recognized for its global expertise and deep understanding of local markets, which has enabled the group to deliver integrated, innovative and competitive services. The group has introduced leading global automotive brands into the UAE, including Mercedes-Benz, Alfa Romeo, GAC MOTOR, SIXT Rent Car, SIXT Leasing & SIXT Limousine. Since 1998, Gargash Group's financial services arm, Daman Investments, has provided advisory, asset management, brokerage, and wealth management services in the UAE. Gargash Real Estate develops and manages high-quality residential, commercial, and industrial properties across the country. The group also includes several leading brands in the Restaurant and Hotel industry. About GACMOTOR Founded in 2008, Guangzhou Automobile Group Motor CO., LTD (GAC MOTOR) is a subsidiary of GAC Group which ranks the 238th among the Fortune Global 500 companies. The company develops and manufactures premium quality vehicles, engines, components and auto accessories. GAC MOTOR has now ranked the first among all Chinese brands for five consecutive years in J.D. Power Asia Pacific's China Initial Quality Study SM (IQS), demonstrating the company's quality-centric strategy from innovative research and development (R&D), manufacturing to supply chain and sales & services.
Hi Dubai
27-02-2025
- Automotive
- Hi Dubai
Gargash Motors Ignites Passion for Performance with GAC EMPOW R Launch
Gargash Motors, one of the leading car distributors in the UAE, has officially launched the GAC EMPOW R at an exclusive event, further strengthening its commitment to delivering high-performance and innovative automotive solutions to the region. Senior management from Gargash Group and GAC MOTOR attended the event, where Morgan Sunderland, General Manager of Gargash Motors, Khaled El Assal, GAC National Sales Manager of Gargash Motors and Mark Zhang, General Manager – GAC MOTOR International Middle East, led the unveiling. Guests also enjoyed an exclusive track experience. Speaking at the launch, Khaled El Assal stated: 'At Gargash Motors, we take pride in bringing exceptional vehicles to the UAE market. The launch of the GAC EMPOW R is a testament to our dedication to meeting the growing demand for high-performance, technologically advanced vehicles that blend striking design with cutting-edge features. This model is set to redefine the driving experience with its dynamic performance and modern aesthetics.' Mark Zhang added: 'The UAE is a key market for GAC MOTOR, and the introduction of the EMPOW R highlights our focus on innovation and performance. This model has been meticulously designed to meet the expectations of modern drivers, offering a thrilling yet comfortable driving experience. We are eager to see how it resonates with automotive enthusiasts in the region.' The GAC EMPOW R is powered by a 2.0-liter turbocharged engine, producing an impressive 265 horsepower and 400 N-M of torque, allowing it to accelerate from 0 to 100 km/h in just 5.7 seconds. The GAC EMPOW R is powered by a 2.0-liter turbocharged engine, producing an impressive 265 horsepower and 400 N-M of torque, allowing it to accelerate from 0 to 100 km/h in just 5.7 seconds. Equipped with ZF DP-EPS steering system, Bosch ESP10.0, premium Continental 4-piston fixed calipers, and Michelin performance tires. This high-performance sedan combines power, efficiency, and cutting-edge technology in a sleek and aerodynamic package. This high-performance sedan combines power, efficiency, and cutting-edge technology in a sleek and aerodynamic package. With a starting price of AED 119,900, the GAC EMPOW R offers exceptional value, complemented by a 5-year warranty and 2 years of complimentary service. Customers can choose from five sophisticated exterior colors: Black, White, Grey, Matte Grey, and Silver. Inside, the vehicle features premium front bucket seats upholstered in suede and leather with carbon fiber accents, offering a blend of comfort and sportiness. Designed with technology and safety at its core, the EMPOW R comes equipped with an advanced driver assistance system, including Adaptive Cruise Control, Forward Collision Warning, Autonomous Emergency Braking, Lane Keep Assist, Rear Cross Traffic Alert, and Blind Spot Detection. Additionally, it boasts an 8-speaker Yamaha sound system, a dual 10.25-inch LCD display cluster, and a 360-degree surround-view camera with an intelligent parking system, ensuring a superior driving experience. News Source: Buz PR
Yahoo
10-02-2025
- Business
- Yahoo
DigitalOcean Holdings Inc. (DOCN): This Software Infrastructure Stock Is Outperforming In 2025
We recently compiled a list of the . In this article, we are going to take a look at where DigitalOcean Holdings Inc. (NYSE:DOCN) stands against the other software infrastructure stocks. Software stocks had a troubling end to the last year and some even continued to fall during January. After a solid year, profit-taking would have been acceptable. However, the continuous decline in January had investors worried, with some media personalities calling it the end of software stocks. It didn't take the market long to change its views though. In general, software stocks are not as negatively impacted by tariffs as hardware stocks. Since Trump took over, people have been evaluating their options and with tariffs on the horizon, found software to be a relatively safe sector. There were some concerns on the AI front as well. The emergence of DeepSeek AI has meant that companies in the US may not be willing to spend more on their AI ventures. Similarly, businesses could simply use DeepSeek's much cheaper technology, causing downward pressure on subscription prices for instance. So far, none of this looks like becoming a reality, so on the back of solid earnings, most software stocks have comfortably outperformed the market. We decided to take a look at the top 15 stocks that are outperforming the market so far this year. To come up with our list of 15 software infrastructure stocks outperforming in 2025, we only considered stocks with a market cap of at least 2 billion that were outpacing the broader market till the end of last week. A close up view of a laptop computer, the cloud computing platform displayed on the screen. DigitalOcean Holdings Inc. is a cloud computing platform that offers on-demand infrastructure and platform tools for growing & small online businesses, start-ups, and developers. The company also offers platform-as-a-service (PaaS), infrastructure-as-a-service (IaaS), and software-as-a-service (SaaS) solutions. The stock is up 31% so far this year. DOCN provides affordable cloud computing services to small and medium enterprises. This is a growing market and one that the company intends to dominate. AMD's acquisition of Vultr, which operates a similar business, is proof that this TAM is big enough. It also validates the company's business model. Even though the company's growth has slowed down, it still outpaces the broader cloud-computing industry by a long margin. DOCN overhauled its leadership in the last two years and switched from a finance-focused executive team to a technology-focused team. This team may be inexperienced but so far is delivering well. Here's what Citi analyst Mark Zhang had to say about the company: DOCN gradually re-building credibility may take time, but multiple identifiable levers to re-accelerate organic growth (lucratively re-engage and upsell the base, lower-end hyperscaler logo wins, ramping top-of-funnel efforts) underwrite our conviction on consistent topline and profitability upside going forward. The stock lost 23% in value in a matter of three months but the current rally has recovered all the losses. In hindsight, it was a good opportunity to buy this strong stock and that opportunity is still out there for the taking. Overall DOCN ranks 5th on our list of the software infrastructure stocks outperforming in 2025. While we acknowledge the potential of DOCN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as DOCN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
