PALO ALTO, Calif., Dec. 30, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar technology, today announced that the company has delivered more than 100,000 lidar units during the month of December, becoming the world's first lidar company to reach this milestone. Meanwhile, Hesai also announced a record number of lidar deliveries for the robotics market, surpassing 20,000... Read more
KONEC's customers and partners aim to integrate Foresight's advanced 3D perception solutions into their vehicles and solutions Ness Ziona, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced the signing of a commercial cooperation agreement with KONEC Co. Ltd. (“KONEC”), a leading... Read more
GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced a comprehensive strategic partnership with China Communications Information & Technology Group Co., Ltd. ("CCIT") in the fields of the low-altitude economy and advanced air mobility ecosystem. CCIT is a... Read more
GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that the Company, as a leader in the electric vertical takeoff and landing aircraft (“eVTOL”) sector, has signed a project cooperation agreement (the “Agreement”) with the Management Committee of the Torch... Read more
HAMBURG, Germany, Dec. 27, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced that its innovative GridLink system has received prestigious certifications in the United States, including UL 1973 and UL 9540A. These certifications represent the benchmarks for safety, efficiency, and grid compliance, reinforcing... Read more
DALIAN, China, Dec. 27, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer of lithium-ion and sodium-ion batteries and electric energy solutions in China, today announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has secured substantial orders from Anker Innovations Technology Co., Ltd.... Read more
This achievement aims to support Israel Railways future volume procurement The approval also triggers an immediate $300,000 payment Ra’anana, Israel, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced the achievement of a critical project and regulatory... Read more
Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased an aggregate total of 31,737 shares of Surf Air Mobility Inc. common stock. Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced that Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased 14,500 shares... Read more
GUANGZHOU, China, Dec. 26, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the “Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced a strategic partnership with the People’s Government of Fangshan District, Beijing ("Fangshan District Government"). Together, the two parties aim to advance the low-altitude emergency rescue sector by establishing... Read more
Westland’s Class 3 service body upfits completed by Phenix Truck Bodies & Van Equipment. Vehicle order fulfilled by Pritchard and includes California HVIP incentives approval on vehicles purchased. BREA, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer announces a Class 3 EV truck... Read more
HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a space exploration, infrastructure, and services company, has secured additional contracts from NASA’s Near Space Network (“NSN”) for Direct-to-Earth (“DTE”) services. These contracts further position Intuitive Machines as a vital partner in supporting NASA’s missions to the Moon, and... Read more
Expects to receive NREs from existing programs in 2025-2027, with cash payment of more than $40 million expected in 2025 Ongoing sales of LiDAR products and new programs expected to generate additional revenues throughout 2025 TEL AVIV, Israel, Dec. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance,... Read more
Expects to Increase Assembly Efficiency by 50%, Reducing Manual Handling, Minimizing Labor, and Enhancing Worker Safety GARLAND, Texas, Dec. 23, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the successful ramp-up of its new assembly line, featuring cutting-edge robotic technology designed to... Read more
New York, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Fly-E Group, Inc. (Nasdaq: FLYE) (“Fly-E” or the “Company”), an electric vehicle company engaged in designing, installing, selling, and renting smart electric motorcycles, electric bikes, electric scooters, and related accessories, today announced that its flagship e-bike model, the Fly-11 PRO, has been officially selected by the New York City Department of Transportation... Read more
Launch from Vandenberg Space Force Base represents a critical milestone in delivering near real-time data to customers worldwide CAPE CANAVERAL, Fla. / Dec 23, 2024 / Business Wire / Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced the successful launch and deployment of LizzieSat™-2 into low Earth orbit as part of the Bandwagon-2 rideshare... Read more
Mudrick Capital Management enters into investment agreement to commit up to $50 million of new funding and converts $130 million debt into equity at fixed conversion price Shareholder support paves way for funding round expected to close in Q1 2025 LONDON & NEW YORK / Dec 23, 2024 / Business Wire / Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology... Read more
LOS ANGELES / Dec 22, 2024 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based technology company specializing in artificial intelligence electric vehicles (AIEV), announced that it has secured approximately $30 million in cash financing commitments. The funds will be used to accelerate the Company’s growth and the development of Faraday... Read more
The mission was Rocket Lab’s 16th launch for the year and sixth launch to date for Japanese Earth-observation company Synspective MAHIA, New Zealand / Dec 21, 2024 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it successfully completed the... Read more
GUANGZHOU, China, Dec. 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the signing of a strategic cooperation agreement with Chongqing Changan Automobile Co., Ltd., (“Changan Automobile”), a leading Chinese car manufacturer... Read more
Type Inspection Authorization is considered the final phase of aircraft certification ahead of commercial service Tests were completed using an FAA-conforming flight deck in a Joby simulator Company targets 2025 to start TIA flight testing with first FAA-conforming aircraft, currently being built SANTA CRUZ, Calif. / Dec 20, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric... Read more
Next-generation satellite to expand Sidus Space’s constellation and deliver critical data solutions CAPE CANAVERAL, Fla. / Dec 20, 2024 / Business Wire / Liftoff of the Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, LizzieSat™-2 is targeted for December 21, 2024 from Vandenberg Space Force Base in California as part of the Bandwagon-2 rideshare mission with... Read more
Ness Ziona, Israel, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”) has entered into a multi-phase agreement with SoftBank Corp. (Tokyo: 9434) (“SoftBank”) and a leading Japanese vehicle manufacturer. The... Read more
LONDON & NEW YORK / Dec 20, 2024 / Business Wire / Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, today announces its financial results for the third quarter ended September 30, 2024. The third quarter 2024 financial results filing can be found on the Company’s investor relations website. Stuart... Read more
Earlier this week Archer received the certificate of occupancy for its ~400,000 square foot aircraft manufacturing facility—referred to as ARC—in Covington, GA and held a commemorative ribbon cutting ceremony Tooling load-in is already underway ahead of the planned start of initial production beginning in early 2025, with the goal being to ramp... Read more
Mr. Anderman previously served as General Counsel of SpaceX and COO/General Counsel of Lucasfilm Ltd. Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced the appointment of David Anderman to the Company’s board of directors effective December 17, 2024. Mr. Anderman served as Chief Legal Officer of Surf Air from June 2023 to May 2024. Mr. Anderman... Read more
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the company has received three orders for 11 Type D all-electric, purpose-built, zero-emission BEAST school buses for school... Read more
REDMOND, WA / ACCESSWIRE / December 19, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has increased production capacity for its MOVIA L sensor to meet anticipated demand from the industrial sector. Building on the relationship with its existing automotive Tier 1 manufacturing partner, MicroVision expects output of MOVIA L... Read more
LONDON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced it has opened its new microfactory reference site in the Bangkok Free Trade Zone industrial park in Thailand. Working together with AIH Group, a leading automotive... Read more
BEIJING, Dec. 19, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, today announced a strategic memorandum of understanding (the "MOU") with TCC Energy Storage Technology (Hangzhou) Co., LTD. (NHOA.TCC), a subsidiary of TCC Group Holdings (TCC). The partnership aims to advance integrated solar-charging-storage solutions,... Read more
On Dec. 17, 2024, Mullen Automotive submitted a modified plan to the DOE that incorporates its facilities in Mishawaka, Indiana, and Fullerton, California, for U.S.-based battery and pack production. Mullen is in position to transition to manufacturing and assembly of high-voltage and low-voltage battery systems in the United States. Mullen has made substantial investments and strategic decisions that... Read more
CAPE CANAVERAL, Fla. / Dec 19, 2024 / Business Wire / Sidus Space, Inc. (NASDAQ: SIDU) (the "Company" or "Sidus"), an innovative, agile space mission enabler, today announced the closing of its brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of shares of Class A common stock (each a “Common Share”) (or pre-funded warrants (each a... Read more
Funding is Part of Advanced Research Projects Agency-Energy (ARPA-E) Program to Develop a Sustainable Critical Minerals Supply Chain ANN ARBOR, Mich., Dec. 18, 2024 /PRNewswire/ -- Toyota announced today that Toyota Engineering & Manufacturing North America, Inc. (TEMA), inclusive of Toyota Motor North America (TMNA) R&D, has been selected to receive $4.5 million in funding from the U.S. Department of... Read more
Chargers to feature class-leading charging speeds for current and future EVs CAMPBELL, Calif. / Dec 18, 2024 / Business Wire / Today, ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), and General Motors (GM) today announced plans to further accelerate EV infrastructure growth in the U.S. The companies are joining efforts to install hundreds of ultra-fast... Read more
MAUMEE, Ohio, Dec. 18, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the new AdvanTEK® 40 Pro axle system, the next evolution of its distinguished 40,000-pound 6x4 tandem axle system. Designed to meet evolving commercial vehicle fleet requirements with increased efficiency and enhanced overall productivity, the AdvanTEK 40 Pro axle system includes the fastest axle ratio at 2.05 for... Read more
West Sacramento station marks HYLA's first modular refueling station in Northern California A significant step in HYLA's plan to connect current HYLA stations to northern central California This new HYLA station will be commercially operational in January 2025 PHOENIX , Dec. 18, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and... Read more
Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024 Since Sept. 30, 2024, Mullen has sold and delivered 57 Class 3 and 43 Class 1 EV cargo vans and trucks for a total of 100 vehicles and $ 5.5 million; these numbers exclude sales and expenses by Bollinger Motors Orders continue to build as Mullen moves forward efforts with government... Read more
Fully Enclosed Cabs Equipped with Heating and Air Conditioning Ensure Usability and Protection in all Weather Conditions GARLAND, Texas, Dec. 18, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of the MVR HVAC Golf Cart and MVR HVAC Utility Carts, the latest additions to the popular MVR... Read more
Draganfly’s medical drone delivery infrastructure offers new model for future improvement in service time for Home Hospital care Boston, MA., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc.(NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, today announced the successful completion of initial flights as part of a... Read more
LOS ANGELES / Dec 18, 2024 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a series of new in-car software updates that will enhance both the in-vehicle infotainment experience as well as user-focused control features for the Company’s flagship FF 91... Read more
QUEBEC CITY, Canada, Dec. 18, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is pleased to announce financial results for its fiscal year 2024, which ended on September 30, 2024. “I am pleased... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a leader in high-performance power conversion technologies, is pleased to announce the signing of a Memorandum of Understanding (MOU) with Systematec GmbH, a Germany-based engineering firm specializing in power electronics design and system integration. This MOU underscores the companies' commitment to strengthening their collaborative... Read more
SANTA CRUZ, Calif. / Dec 17, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has completed a landmark series of major aerostructure tests for certification credit with the Federal Aviation Administration (“FAA”). Joby has successfully completed static load... Read more
LONG BEACH, Calif. / Dec 17, 2024 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, has successfully delivered its second Pioneer spacecraft to Vandenberg Space Force Base and completed production and testing of a third for Varda Space Industries, Inc. (“Varda”), the world's first orbital pharmaceutical processing and... Read more
Manufacturer's Suggested Retail Price* (MSRP) reduction for 2025 bZ4X: $6,000 lower MSRP for XLE grade and $5,380 lower MSRP for Limited grade bZ4X adds a bold Nightshade edition to the lineup with standard All Wheel Drive, available in single- or two-tone exterior colors Standard bZ4X Nightshade features include black 20-inch wheels, black exterior accents, and red stitching on seats and steering... Read more
HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management platforms, proudly announces its plans to launch the KULR ONE Space (K1S) battery via launch integrator Exolaunch on a SpaceX rideshare mission scheduled for 2026. This mission represents a pivotal milestone in KULR's ongoing commitment to developing safer... Read more
District Shifts to Zero- and Low-Emission Student Transportation MACON, Ga. / Dec 17, 2024 / Business Wire / Wilkes County Schools (WCS) has marked the historic milestone of becoming the first school district in Georgia to serve all of its 25 daily bus routes exclusively with zero- and ultra-low-emission school buses. WCS’ new fleet of electric and propane-powered buses eliminates regular diesel bus routes,... Read more
SAN JOSE, Calif. / Dec 17, 2024 / Business Wire / Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space infrastructure services, today announced it has signed a contract with SpaceX to join an upcoming Transporter rideshare mission launching as soon as early 2026. Momentus plans to use this port for the... Read more
Demand for Powered by REE vehicles surges as reservations grow by 230% to $137 million* including reservations for production that extend beyond 2025. Significant progress toward integration of REEs software defined vehicle technology (SDV) into leading OEMs in several vehicle categories. Production of flagship P7 medium duty electric truck kicked-off according to plan targeting first deliveries in H1 2025... Read more
CAPE CANAVERAL, Fla. / Dec 17, 2024 / Business Wire / Sidus Space, Inc. (NASDAQ: SIDU) (the "Company" or "Sidus"), an innovative, agile space mission enabler, today announced that it has entered into definitive securities purchase agreements dated December 17, 2024 with accredited and institutional investors for the issuance and sale of units consisting of shares of Class A common stock (each a “Common Shares”) (or... Read more
Completion of the project has doubled the major highway fast charging coverage in the state CAMPBELL, Calif. / Dec 16, 2024 / Business Wire / ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), and the Colorado Energy Office today announced the completion of six EV fast charging corridors across the state. In total, 33 DC fast charging sites offering more... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a leading innovator in power conversion technologies, has successfully concluded its 2024 customer demonstrations with outstanding results. Through extensive demonstration tests performed at automotive manufacturers' and suppliers' facilities, as well as at Systematec GmbH's facilities in Germany, the Company's Zero Voltage Switching (ZVS)... Read more
TORONTO, ON / ACCESSWIRE / December 16, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is proud to announce that its Infinity Series Lithium Ion Phosphate (LFP) based cell have successfully achieved UL2580 recognition. This milestone underscores the exceptional safety and reliability of Electrovaya's battery... Read more
ROUND ROCK, TX / ACCESSWIRE / December 16, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announced today that through its partnership with GLV Ventures (GLV) it has secured its first purchase order from one of the top three automotive manufacturers in... Read more
Public and private industry partners from each sector of the electric vehicle (EV) circular supply-chain chosen to establish real world environment to train and develop next generation battery and EV workforce. American Battery Technology Company (ABTC), representing battery recycling sector, to support the development of a new U.S. energy manufacturing workforce alongside public and private partners such as the... Read more
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announces the appointment of Mr. Sebastian Giordano ("Mr. Giordano") to GreenPower's Board of Directors (the "Board"). The... Read more
SANTA CRUZ, Calif. & GOHEUNG, South Korea / Dec 13, 2024 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has successfully completed a series of flight tests in Korea as part of the K-UAM Grand Challenge. Joby is the first electric air taxi company to complete flights as part of the program, which was launched in 2023... Read more
HAMBURG, Germany, Dec. 13, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced its unaudited financial results for the three months ended June 30, 2024. Operational Highlights Three months endedJune 30, 2024 Six months endedJune 30, 2024 DC fast... Read more
Company remains committed to reinvesting in U.S. manufacturing operations, environmental sustainability and stable employment GEORGETOWN, Ky., Dec. 12, 2024 /PRNewswire/ -- Transformation continues at Toyota Kentucky with a $922 million investment to build a new advanced paint facility and further support electrification efforts. The facility is designed to improve operational efficiencies, reduce... Read more
Anduril Industries Inc. (“Anduril”) and Archer Aviation Inc. (“Archer”) announced today that they have entered into an exclusive agreement to jointly develop a next-generation aircraft for defense applications. The companies’ first product from this partnership is planned to be a hybrid-propulsion, vertical-take-off-and landing (“VTOL”) aircraft that will target a potential program of record from the United States... Read more
BOZEMAN, Montana / Dec 12, 2024 / Business Wire / Aurora Innovation, Inc. (NASDAQ: AUR), a leader in autonomous trucking technology, today announced the opening of its new 78,000 square-foot office and testing facility in Bozeman, Montana. Located on Montana State University’s Innovation Campus, the space builds upon the university’s 30-year history of producing industry-leading photonics engineers and... Read more
COPYRIGHT ©2022 GREEN STOCK NEWS