Vertical’s latest VX4 prototype has performed its first tethered piloted flight. “Wheels up” phase of flight test programme follows the UK Civil Aviation Authority issuing a Permit to Fly. Moment marks the latest development in Vertical’s journey towards certification. LONDON / Jul 26, 2024 / Business Wire / Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering... Read more
New Collaboration Agreement with Australia-Based Solar PV Recycler – Lotus Energy Recycling Lotus Energy: Proprietary Recycling Technology Know-How to Produce High-Purity 99.9% Recycled PV Silicon To Reach 3,600 kg Per Annum Scale in 2024 and Expansion to 120,000 kg Per Annum Subsequently Planned in Each of Melbourne, Sydney, and Germany by 2026 Will Explore Joint Venture Opportunities for North American... Read more
Parties are collaborating in a multi-phase plan to assess Eye-Net’s technology as a potential ADAS system for the manufacturer’s vehicles Ness Ziona, Israel, July 26, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision solutions, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has signed a three-way... Read more
Graphite One-Lucid agreement involves Synthetic Anode Active Materials Graphite One CEO Anthony Huston: This is "a historic moment…: The first synthetic graphite agreement between a U.S. graphite developer and a U.S. EV company" Lucid CEO Peter Rawlinson: "We are committed to accelerating the transition to sustainable vehicles and the development of a robust domestic supply chain ensures the United States,... Read more
CAMPBELL, Calif. / Jul 25, 2024 / Business Wire / ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), now enables drivers access to charge at more than one million places across public, private and roaming ports in North America and Europe. Additionally, more than 10 billion electric miles have been enabled by the ChargePoint network to-date. As EV sales continue... Read more
Shipment to Cape Canaveral planned for the first week of August with a 7-day launch window in September The first five commercial satellites are the largest-ever commercial communications arrays deployed in low Earth orbit, designed to provide cellular broadband and support other government applications MIDLAND, Texas / Jul 25, 2024 / Business Wire / AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the... Read more
SAN FRANCISCO / Jul 25, 2024 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has extended its contract to provide data to the Taylor Geospatial Institute (TGI) into 2026. TGI, a rising geospatial research consortium, represents Planet’s largest ever direct university engagement. Under the multi-year contract, TGI can leverage various... Read more
FARNBOROUGH, England / Jul 25, 2024 / Business Wire / Magellan Aerospace Corporation (“Magellan”) announced today the signing of a Memorandum of Understanding (MOU) with Aequs Private Limited (“Aequs”) to explore the development of a business plan for a jointly-owned engine MRO business in the Aequs Special Economic Zone, at Belagavi in Karnataka, India. India's aerospace sector has experienced growth over the past... Read more
Bowie, Md., July 25, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, has been selected as an official supplier in NASPO ValuePoint’s new EV Charging Station Portfolio. Spearheaded by the State of Maryland and funded through NASPO’s emerging markets... Read more
Rugged Two-Seater Vehicle Asked for from Big Retail Partners GARLAND, Texas, July 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of its new GKD 350 All-Terrain Go Kart, combining iconic styling with powerful performance. This rugged two-seater go-kart is perfect for conquering any... Read more
BOCA RATON, Fla. / Jul 25, 2024 / Business Wire / Today, Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced that on July 15, 2024, it received the certificate of occupancy for its previously announced new assembly facility, located at 4 Goodyear in Irvine, California. The facility... Read more
Remaining 578 Charging Stations Expected to be Delivered by November 2024 Vancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), today announced it has delivered from its sales backlog and recognized as revenue 200 of 778 charging stations for PCI Developments' King George Hub development in Surrey, BC.... Read more
MILWAUKEE / Jul 25, 2024 / Business Wire / LiveWire Group, Inc. (“LiveWire” or the “Company”) (NYSE: LVWR) today reported second quarter 2024 results. "In the second quarter, we achieved continued growth in existing markets for our Electric Motorcycles segment. In fact, we maintained our position as the #1 on-road electric motorcycle retailer in the U.S. for the first half of 2024. With a 12 percent improvement in... Read more
Draganfly also welcomes Defense and Tech Leader Tim Dunnigan to the Board of Directors Saskatoon, SK, July 25, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), a leader in drone technology and unmanned aerial vehicle (UAV) solutions, is excited to announce the appointment of Thomas B. Modly to its Board of Directors. Additionally, Draganfly... Read more
This latest mission for Synspective will be the fifth launch of a total of 16 launches on Electron for the Japanese Earth observation company. LONG BEACH, Calif. / Jul 24, 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 the launch window for its 51st Electron launch, a mission that will launch the... Read more
Groupe ADP manages an extensive portfolio of 23 airports in some of Lilium’s key markets including France (all three Paris airports), the Kingdom of Saudi Arabia (Jeddah and Riyadh) and Turkey. Groupe ADP’s vertiports in the Paris area, including Paris-Charles de Gaulle and Paris-Le Bourget Airports, will significantly bolster the Lilium network in France. Partnership enables the development of vertiports in... Read more
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2024) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to report further to the four successful trials of the Company's green hydrogen-powered fuel cell light commercial vehicle (FCEV) in the U.K., the Company will be configuring a left-hand drive model expanding its global market reach. The... Read more
BREA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today GAMA, one of Mullen international distributors, has placed an order for 29 Mullen GOs, the Company’s commercial micro urban delivery vehicle. The order is valued at $304,000 USD with shipment to GAMA planned for early August... Read more
NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Fly-E Group, Inc. (Nasdaq: FLYE) ("Fly-E" or the "Company"), an electric vehicle company engaged in designing, installing and selling smart electric motorcycles, electric bikes, electric scooters, and related accessories, today announced the upcoming launch of three new electric motorcycle models. These models, the DP, EK PRO, and DT, are scheduled for official unveiling... Read more
BEIJING, July 24, 2024 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NaaS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2024. Highlights for the Second Quarter of 2024: Notable progress towards profitability in the second quarter of 2024. Monthly net... Read more
FARNBOROUGH, United Kingdom, July 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), SEA (SEA), the operator of Milan’s airports, and Skyports Infrastructure (Skyports), the leader in vertiport infrastructure for the Advanced Air Mobility (AAM) industry, have today announced the signing of a Memorandum of Understanding (MoU)... Read more
Integration makes it easy for EV drivers to access the benefits of utility programs, helping programs scale NEW YORK & MOUNTAIN VIEW, Calif. / Jul 23, 2024 / Business Wire / EnergyHub, a top provider of grid-edge flexibility, and Wallbox, (NYSE:WBX) a global leader in electric vehicle (EV) charging and energy management, announce they’ve partnered to make the benefits of utility programs for EV managed... Read more
$16 million contract awarded by Fresno EOC for Nuvve to supply three-acre solar farm, solar canopies and 56 charging stations for Fresno’s 50-shuttle electric fleet FRESNO, Calif. / Jul 23, 2024 / Business Wire / Nuvve Holding Corp. (Nasdaq: NVVE) (the “Company”), a green energy technology company that provides a commercial vehicle-to-grid (V2G) technology platform, broke ground today on a new energy project in... Read more
The EPA certified B4 provides one of the strongest warranties in the commercial market today Warranty includes: Bumper-to-bumper, 3-year/36,000-miles; powertrain, 5-year/50,000-mile; high-voltage battery, 8-year/100,000-miles; frame rails and cross-members, 5-years/unlimited miles; corrosion (perforation only), 5-years/unlimited miles BREA, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen... Read more
AUSTIN, Texas / Jul 23, 2024 / Business Wire / Tesla has released its financial results for the second quarter of 2024 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update. As previously announced, Tesla management will host a live question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the results and outlook. What:... Read more
DETROIT, July 23, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported second-quarter 2024 revenue of $48.0 billion, net income attributable to stockholders of $2.9 billion and EBIT-adjusted of $4.4 billion. GM is also updating its 2024 full-year earnings guidance for the second consecutive quarter: Updated 2024 Guidance Previous 2024 Guidance Net income... Read more
Testing for the new, more advanced VX4 prototype has begun with initial powered ground tests, including propeller balancing, complete at Vertical’s Flight Test Centre. Vertical will now conduct powered, propulsion testing ahead of “wheels up” phase with piloted flights, once the UK Civil Aviation Authority (CAA) has issued its Permit to Fly. LONDON... Read more
GUANGZHOU, China, July 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that the Civil Aviation Administration of China (“CAAC”) has formally accepted the Air Operator Certificate (“AOC” or “OC”) applications submitted by Guangdong EHang General Aviation Co., Ltd. (“EHang General... Read more
GACA, Saudi Arabia’s civil aviation regulator, and Lilium agree on a joint regulatory approach for eVTOL regulation This includes the implementation of a joint Working Group covering all relevant regulatory topics and an Innovative Air Mobility (IAM) regulatory action plan for Saudi Arabia The goal is to jointly develop and implement the required eVTOL regulation for a potential operational Entry Into Service... Read more
Mullen is currently negotiating with multiple government agencies to provide its Class One and Three vehicles and will be announcing additional orders over the current fiscal quarter Mullen’s commercial EVs align with the City of Dublin’s vision to be the most sustainable, connected and resilient global city of choice and has a long history of working to improve energy efficiency The Mullen THREE qualifies... Read more
JINHUA, CHINA, July 22, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, today announced that the first batch of its 10K fully electric UTVs, manufactured by its Taiwanese partner Hartford Industrial Co., Ltd. (“Hartford Industrial”), has successfully completed trial production. These vehicles... Read more
SAN FRANCISCO / Jul 22, 2024 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has signed a seven-figure contract expansion with a US-allied International Government Agency for SkySat high resolution satellite data. “Global customer demand for high resolution satellite data continues to grow, fueled by heightened security needs and... Read more
XPENG and the Volkswagen Group will jointly develop industry-leading E/E Architecture for all locally produced vehicles based on Volkswagen’s China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platform The first vehicle equipped with the jointly developed E/E Architecture will SOP (Start of Production) within approximately 24 months Both parties will actively explore further collaboration... Read more
FARNBOROUGH, United Kingdom, July 21, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced the next phase of its “POWER-ON” Aftermarket Services portfolio, providing a suite of digital solutions to ensure efficient and seamless operation of the Lilium Jet. The digital suite includes flight planning and aircraft... Read more
LOS ANGELES, July 19, 2024 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS), the Vietnamese automotive manufacturer announced the creation of its Dealer Advisory Board. This esteemed group comprises leading VinFast dealership representatives from across the United States, selected for their customer service commitment, and industry expertise. The Dealer Advisory Board will serve as a vital communication channel... Read more
GUANGZHOU, China, July 19, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced the signing of a purchase and operation cooperation agreement with KC Smart Mobility Company Limited (“KC Smart Mobility”), a subsidiary of Kwoon Chung Bus Holdings Limited (“KCBH”) (0306.HK), the largest... Read more
The firm order for 50 Lilium jets, with an option for 50 more, is the largest commitment in the eVTOL sector by an airline operator Saudia Group leads the aviation industry in the MENA region with the first agreement for the purchase of eVTOL jets MUNICH, Germany, July 18, 2024 (GLOBE NEWSWIRE) -- Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading... Read more
Ford adds a third North American assembly plant to meet Ford Pro customer demand for one of its most popular and profitable vehicles; adding initial capacity for 100,000 F-Series Super Duty trucks, including future multi-energy technology, at Oakville Assembly Complex in Ontario, Canada The move supports the Ford+ plan for profitable growth, including maximizing Ford’s manufacturing footprint, extending global... Read more
PALO ALTO, Calif., July 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar safety technology for automotive and robotics applications, announced that they have been selected by Baidu, Inc. (NASDAQ: BIDU) to be the exclusive long-range lidar supplier for its next-generation robotaxi platform Yichi 06. Baidu is an internet tech giant who is also one of the world's largest... Read more
HOUSTON, July 18, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has finalized the IM-2 mission landing region ahead of its sold-out IM-2 mission. The IM-2 mission is designed to prospect for water ice and other volatiles on the Moon’s south pole, which requires a landing site that... Read more
CINCINNATI, July 18, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced McAbee Trucking, Inc., a pioneer in the operation of alternative fuel trucks on Star Carrier Mail Contractor Routes, has taken a step forward in sustainable transportation... Read more
SINGAPORE / Jul 18, 2024 / Business Wire / Karooooo, that owns 100% of Cartrack and 74.8% of Karooooo Logistics, reported strong results for the quarter ended May 31, 2024 (“Q1 2025”) and retained its positive outlook for the year. Zak Calisto, CEO and Founder: “The group's robust results, distribution expansion, vertically-integrated cloud platform enhancements, new generation AI-Powered telemetry and the prospect... Read more
California-based businesses can now get the Ford Pro™ Smart Charging Bundle, a new initiative to help make it easier for businesses to add electric vehicles to their fleet The bundle offers a complimentary Ford Pro Level 2 EV charger to businesses subscribed to Ford Pro Charging software and gives them advanced energy management features to automate demand response to grid events, reporting, and manage Low... Read more
On Tuesday, July 16, 2024, the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) approved an award involving sales and use tax exclusion incentives related to Archer’s planned advanced manufacturing project in the State of California This award, which is believed to be CAEATFA’s largest to date in the advanced air mobility industry, will support Archer’s planned expansion of... Read more
First aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeks Second aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ground testing in the fall, soon after MSN 1 Three aircraft in production by year-end Full structural aircraft for static tests available in fall Engineering simulator developed by FlightSafety International to be... Read more
The planned commercial availability follows a successful sandbox pilot previously awarded by Singapore's Land Transport Authority. C&C also announced it was partnering with Shell Recharge to launch battery swapping GoStations at Shell service stations in Singapore. SINGAPORE, July 17, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable... Read more
The strategic partnership will give distributors access to hardware and software bundles that include Wallbox’s DC fast charger, Supernova 180, and their commercial Level 2 charger Pulsar Pro. MOUNTAIN VIEW, Calif. / Jul 17, 2024 / Business Wire / Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging solutions, and ChargeLab, a pioneering EV charging software provider, announce a strategic... Read more
Vertical’s most advanced full-scale prototype is key step towards certification of aircraft. 60% of this prototype’s technology is from Vertical’s strategic aerospace partners GKN Aerospace, Hanwha, Honeywell, Leonardo, Molicel, Syensqo. First use of Vertical’s powerful proprietary battery technology, designed and built in the Vertical Energy Centre, with rapid charging and capable of cruise speeds of up to... Read more
Houston, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- Meristem Communities, a Houston-based real estate development company committed to creating Places for People™, has announced an agreement with Envoy Technologies Inc. (“Envoy”), a Blink Charging Co. entity and leading provider of electric vehicle car-sharing services and community-based electric vehicles (EVs). Under the agreement, Envoy will deploy EV carsharing... Read more
VANCOUVER, BC / ACCESSWIRE / July 17, 2024 / Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced the receipt of new follow-on purchase orders from two Québec, Canada transit operators for three (3) Vicinity™ Classic buses. Per the terms of the supply agreements, Robert Paquette Autobus et Fils Inc. ordered one (1),... Read more
Automation Expected to Improve Efficiency by 50% and Enhance Safety for Production of ATV and UTV Vehicles Lines GARLAND, Texas, July 17, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the adoption of a new automated vehicle assembly robot line. The robot line is expected to be installed in the coming... Read more
The new 2025 Lucid Air Pure is the most efficient and thus most sustainable vehicle made, with 420 miles of EPA-estimated range, a powerful new infotainment processor, and heat pump as standard, still priced from just $69,900. NEWARK, Calif., July 16, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced updates for the 2025 model year that... Read more
JACKSONVILLE, Fla. / Jul 16, 2024 / Business Wire / Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, today announced it has secured a follow-on order to develop and deliver additional Roll-Out Solar Array (ROSA) wings for Thales Alenia Space’s Space Inspire* satellites, the company’s newest product line of geostationary telecommunications satellites. A joint... Read more
EAST WINDSOR, N.J., July 16, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, and Lonking Holdings Limited ("Lonking", Hong Kong Stock Market ticker 3339.hk), one of the world's largest construction machinery... Read more
HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has qualified the VR900 engine for its IM-2 lunar mission, which also advances the development of the Company’s VR3500 engine for larger cargo class landers. Designed, 3D-printed, and tested in-house, the IM-2 VR900 engine... Read more
CINCINNATI, July 16, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it has been awarded a Sourcewell contract for procurement in the category of Class 4-8 chassis and cabs with related equipment, accessories, and services. This... Read more
FREEHOLD, N.J. / Jul 16, 2024 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announces Cenntro received a California Air Resources Board (“CARB”) “Executive Order” and a “Certificate of Conformity” from the United States Environmental Protection Agency (“EPA”) for the Logistar®... Read more
WALNUT, CA, July 16, 2024 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, provided an update today on its strategic partnership (the “Partnership”) with Massimo Group (“Massimo”) (Nasdaq: MAMO),... Read more
Advanced EV Charging Solution Supports Growing U.S. Market WAUKESHA, Wis., July 15, 2024 /PRNewswire/ -- Generac Power Systems Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the availability of its first electric vehicle (EV) charger. This state-of-the-art level 2 charger represents another notable solution... Read more
FREMONT, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today the launch of the CS-100 EV Charger for customers with commercial fleet electric vehicles (EVs) in the United States. The CS-100 is a Level 2 charging station and Enphase’s most powerful EV... Read more
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