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LATEST ELECTRIC VEHICLE STOCK NEWS


Nikola And AiLO Logistics Announce Order For 100 Hydrogen Fuel Cell Electric Trucks

Last Trade: 0.54 0.01 2.07

LAS VEGAS, May 21, 2024 /PRNewswire/ -- The 2024 Advanced Clean Transportation (ACT) Expo marks another step in decarbonizing the trucking industry for Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand and AiLO Logistics, a major drayage carrier operating in the Ports of Los Angeles and Long Beach. Today, it is... Read more


Lion Electric Company Unveils The Groundbreaking Lion8 Tractor, An All-electric Class 8 Commercial Truck

Last Trade: 1.02 0.07 7.37

Highlights: GCWR: up to 127,000 lbs - highest of the electric vehicle (EV) truck market Driving Range: up to 275 Miles (440 kilometers) Battery Capacity: up to 630 kWh Level III Charge Time (DC): charging to 80% SOC in 1.5 hours Powered by Lion's Heavy-Duty battery packs (high-energy-density proprietary 750V battery system) LAS VEGAS, May 21, 2024 /CNW/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV)... Read more


REE Automotive Unveils a Next Gen Software-Driven Electric Commercial Vehicle Platform Designed with Leading Delivery Fleet

Last Trade: 5.15 0.01 0.19

The P7-S, the next generation class 5 stripped chassis, utilizing P7 REEcorners® to enable a fully-flat platform with low step-in height, modular configuration, high payload, and revolutionary all wheel steer The new software-driven stripped chassis allows OEMs and fleet owners to upgrade their current platform to full by-wire Customer delivery of the first next-gen P7-S demo to leading fleet planned for June... Read more


Kandi Technologies 10K All-Electric UTV Model Achieves EU EEC Certification

Last Trade: 2.18 -0.02 -0.91

JINHUA, CHINA, May 21, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading distributor of all-electric personal transportation and utility vehicles, today announced the certification of its 10K all-electric UTV model by the European Economic Community (EEC). This achievement confirms that the product meets the European Union's high standards for safety,... Read more


XPENG Reports First Quarter 2024 Unaudited Financial Results

Last Trade: 8.77 0.49 5.92

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.40 billion (US$5.73 billion) as of March 31, 2024 Quarterly total revenues were RMB6.55 billion, a 49.8% decrease quarter-over-quarter Quarterly gross margin was 12.9%, an increase of 6.7 percentage points quarter-over-quarter GUANGZHOU, China, May 21, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,”... Read more


Blue Bird Debuts Electric Step Van at 2024 Advanced Clean Transportation (ACT) Expo

Last Trade: 54.45 -1.10 -1.98

Company Teams Up With Xos and Morgan Olson to Build Commercial Vehicle Prototype on Class 5-6 Stripped Chassis MACON, Ga. / May 20, 2024 / Business Wire / Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, will debut its electric-powered step van at the upcoming 2024 Advanced Clean Transportation (ACT) Expo, North America’s largest advanced transportation technology and... Read more


Li Auto Announces Unaudited First Quarter 2024 Financial Results

Last Trade: 20.96 -0.75 -3.45

Quarterly total revenues reached RMB25.6 billion (US$3.6 billion)1 Quarterly deliveries reached 80,400 vehicles BEIJING, China, May 20, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2024. Operating Highlights for the First Quarter of... Read more


Workhorse Reports First Quarter 2024 Results

Last Trade: 0.21 -0.02 -9.17

CINCINNATI, May 20, 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 reported financial results for the first quarter ended March 31, 2024. Management Commentary “During the first quarter, we took important strategic and financial actions to better position... Read more


Envirotech Vehicles Announces First Quarter 2024 Financial Results

Last Trade: 1.53 0.05 3.38

OSCEOLA, AR / ACCESSWIRE / May 20, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of purpose-built zero-emission electric vehicles (the "Company" or "Envirotech Vehicles"), today announced its results for the three months ended March 31, 2024. First Quarter 2024 Financial Results Sales were $810,490 for the three months ended March 31, 2024, compared to $523,199 for the three months ended March 31,... Read more


NFI Group subsidiary New Flyer announces contract with BC Transit for 33 battery-electric buses

Last Trade: 11.61 -0.21 -1.78

WINNIPEG, Manitoba, May 17, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer Industries Canada ULC (New Flyer), a subsidiary of NFI Group Inc. (NFI) and leading manufacturer of heavy-duty transit buses, today announced a contract with BC Transit Corporation (BC Transit) for 33 next-generation Xcelsior CHARGE NG™ 40-foot battery-electric buses (BEBs). The contract was added to New Flyer’s firm... Read more


REE Automotive’s P7-C Electric Trucks and Platforms Approved for $30,000 Incentive Per Vehicle in Massachusetts

Last Trade: 5.15 0.01 0.19

REE’s class 4 software-driven commercial EV was approved for the Massachusetts MOR-EV truck incentive which, when combined with the federal credit, could total up to $70,000 in cost savings per vehicle Available for orders now at regional dealers in Massachusetts and across the U.S. TEL AVIV, Israel, May 16, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and... Read more


Kandi Technologies Reports First Quarter 2024 Financial Results

Last Trade: 2.18 -0.02 -0.91

Solid Start to the Year with Net Income of $0.8 million, up 27.6% YoY Significant Return of Capital to Shareholders via 564,302 Shares Repurchased JINHUA, CHINA, May 16, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2024. First Quarter Highlights Continued expansion of sales... Read more


Greenland Technologies Reports 64% YoY Increase in 1Q 2024 Net Income Per Share

Last Trade: 1.54 -0.02 -1.28

Drives Year-over-Year Revenue Growth and Gross Margin Expansion Achieves Major Milestone with Sales to Maryland's Port of Baltimore Accelerates Expansion of the HEVI Authorized Service Provider (ASP) National Network EAST WINDSOR, N.J., May 16, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric... Read more



Penske Truck Leasing to Offer REE Automotive’s P7-C EV Trucks to its Customers for Demos and Orders Across North America

Last Trade: 5.15 0.01 0.19

The Powered by REE® Penske truck will be on display at the REE booth at ACT Expo in Las Vegas The P7-C is the world’s first FMVSS certified full by-wire EV featuring all-wheel steer and all-wheel drive with a range of up to 169 miles and a driver-centric cab upfitted with a 16 foot Wabash (NYSE: WNC) DuraPlate® body with ramp REE and Penske will hold a joint press conference to expand on the collaboration... Read more


Mullen Automotive Continues Commercial EV Dealer Expansion in Midwest with Ziegler Truck Group and Pacific Northwest with Range Truck Group

Last Trade: 4.32 -0.42 -8.77

BREA, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the addition of zero-emissions commercial vehicle dealers, Minnesota-based Ziegler Truck Group (“Ziegler” or “ZTG”) and Washington-based Range Truck Group (“Range” or “RTG”), a part of the Ziegler Companies distribution network. As... Read more


Capital Injection and Robust Margins Position Xos for a Strong 2024

Last Trade: 7.97 -0.05 -0.62

Improved cash position with $50 million from acquisition of ElectraMeccanica Delivered 180% year-over-year revenue growth Achieved industry-leading 21% gross margins LOS ANGELES, CA / ACCESSWIRE / May 15, 2024 / Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the first quarter ended March 31, 2024. First... Read more


First Hydrogen On-Road Trial Update

Last Trade: 0.66 -0.07 -10.21

Vancouver, British Columbia--(Newsfile Corp. - May 14, 2024) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to announce that its fourth hydrogen-fuel-powered vehicle (FCEV) trial (see news release of May 6, 2024) is proceeding well, a report will be ready later this month. The Company is working with more companies, that attended the HORIBA MIRA... Read more


SRIVARU Announces Successful Completion of EMC/EMI Testing for PRANA 2.0 Electric Vehicle

Last Trade: 0.15 -0.0047 -3.08

GRAND CAYMAN, Cayman Islands and COIMBATORE, India, May 14, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the “Company”), a provider of premium electric motorcycles, today announced that its flagship model, the PRANA 2.0, has successfully completed Electromagnetic Compatibility (EMC) and Electromagnetic Interference (EMI) testing, marking a significant milestone in the... Read more


Mullen Automotive Reports Q2 2024 Fiscal Quarter Results

Last Trade: 4.32 -0.42 -8.77

Positive stockholders’ equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces financial results for the three and six months... Read more


Canoo Announces First Quarter 2024 Results

Last Trade: 2.59 -0.14 -5.13

Quarterly Adjusted EBITDA was $(48.3) million, an improvement of 28.0% (or $18.8 million) versus Q1 2023 and an improvement of 11.5% (or $6.3 million) versus Q4 2023 Adjusted Net Loss Per Share was $(1.13) per share, a 34.6% Improvement from $(1.73) per share in Q4 2023 Increased Purchases of Long Lead Time New and Like New Equipment at Large Discounts by Six Times in Q1 2024 versus Q4 2023; Reduces Future... Read more


Vicinity Motor Reports First Quarter 2024 Financial Results

Last Trade: 0.76 -0.02 -3.00

Company Achieves Positive Cash Flow from Operations in the First Quarter, Driven by 400% Revenue Growth on Deliveries of 44 VMC 1200 All-Electric Trucks and 22 Vicinity™ Classic Transit Buses VANCOUVER, BC / ACCESSWIRE / May 14, 2024 / Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today reported its financial and... Read more



Phoenix Motor Starts Production of Fourth Generation Medium-Duty EVs

Last Trade: 0.55 0.00 0.00

ANAHEIM, CA / ACCESSWIRE / May 13, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses, and electrification solutions provider for medium-duty vehicles, announced the production launch of its first fourth-generation drivetrain for Class-4 shuttle buses & trucks. The first two units will be delivered to customers in New Jersey. Phoenix is one of the earliest electric... Read more



U.S. Department of Commerce Approves Mullen Automotive Tunica, Miss., Facility as Foreign Trade Zone

Last Trade: 4.32 -0.42 -8.77

BREA, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has been approved for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce for its commercial vehicle manufacturing and assembly center located in Tunica, Mississippi. A copy of Mullen’s FTZ approval can... Read more


Nikola Expands Hydrogen Network With Inauguration Of Second Hyla Refueling Station In Southern California

Last Trade: 0.54 0.01 2.07

New Long Beach station advances Nikola's commitment to sustainable transportation solutions PHOENIX, May 8, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, proudly announces the opening of its latest HYLA high-pressure modular refueling station and facility in Southern... Read more


Blue Bird Reports Fiscal 2024 Second Quarter Record Results; Raises 2024 Guidance and Long-Term Outlook

Last Trade: 54.45 -1.10 -1.98

Net Sales of $346M, up 15% and GAAP Net Income of $26M, up $19M Second Quarter Record Adj. EBITDA of $46M, up $25M with 2,254 Buses Sold FY2024 Adj. EBITDA Guidance Raised to $155M or 12% of Revenue Long-Term Adj. EBITDA Margin Outlook Raised to 14%+ MACON, Ga. / May 08, 2024 / Business Wire / Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced... Read more


Lion Electric Company Company Announces First Quarter 2024 Results

Last Trade: 1.02 0.07 7.37

MONTREAL, May 8, 2024 /CNW/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced its financial and operating results for the first quarter of fiscal year 2024, which ended on March 31, 2024. Lion reports its results in US dollars and in accordance with International Financial Reporting... Read more


Rivian Automotive Releases First Quarter 2024 Financial Results

Last Trade: 10.05 -0.23 -2.24

Significant steps being taken to drive greater capital efficiency Company reiterates path to Q4 2024 modest gross profit During Q1 2024 R1S was best-selling EV in the US above $70,000  IRVINE, Calif. / May 07, 2024 / Business Wire / Rivian Automotive, Inc. (NASDAQ: RIVN) today announced its first quarter 2024 financial results. As previously announced, the company produced 13,980 vehicles and delivered... Read more


Nikola Reports First Quarter 2024 Results

Last Trade: 0.54 0.01 2.07

Continued to execute our plan to ramp up hydrogen fuel cell electric trucks (FCEVs) in 2024 Wholesaled 40 FCEVs in Q1, all designated for end fleets, exceeding high-end of guidance range Marked the second quarter of serial production of FCEVs; Program-to-date, Nikola has wholesaled 75 FCEVs Green shoots in new markets like N.Y., meeting the demands of fleet users beyond Calif. Expanded HYLA's North... Read more


Volcon ePowersports Reports First Quarter 2024 Operational and Financial Results

Last Trade: 0.21 -0.02 -9.70

AUSTIN, TX / ACCESSWIRE / May 7, 2024 / Volcon Inc. (NASDAQ:VLCN) ("Volcon'', the "Company" or "we"), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the quarter ended March 31, 2024. Company Highlights: Nasdaq extension for compliance by June 24, 2024 First Stag delivery to US Dealer and the Army Corp in May 2024 Continued delivery... Read more


First Hydrogen's Vehicle Trials with Multinational Company

Last Trade: 0.66 -0.07 -10.21

Vancouver, British Columbia--(Newsfile Corp. - May 6, 2024) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") has completed three successful vehicle trials of the Company's hydrogen-fuel-cell-powered vehicle (FCEV) and now has started trials with a large multinational logistics company, whose partners use commercial vans for parcel deliveries. The trial commenced... Read more


SRIVARU Completes Production Model of PRANA 2.0

Last Trade: 0.15 -0.0047 -3.08

GRAND CAYMAN, Cayman Islands and COIMBATORE, India, May 06, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the “Company”), a prominent provider of premium electric motorcycles, today announced that it has successfully completed the internal testing of its PRANA 2.0 electric motorcycle, resulting in a full production model being submitted for final certification by applicable... Read more


Mullen Automotive Signs Agreement with California Based and HVIP Approved, National Auto Fleet Group

Last Trade: 4.32 -0.42 -8.77

NAFG, a Sourcewell contract awardee, with two awarded contracts (#091521-NAF and #060920-NAF), provides fleet vehicle purchasing to state, local government and educational institutions with near-term orders and deliveries pending Sourcewell is a government agency that has fulfilled bidding requirements and holds hundreds of competitively solicited contracts ready for use BREA, Calif., May 06, 2024 (GLOBE... Read more


Lucid Motors Announces First Quarter 2024 Financial Results

Last Trade: 2.84 -0.01 -0.35

Produced 1,728 vehicles in Q1; on track for annual production of approximately 9,000 vehicles Delivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023 Q1 revenue of $172.7 million Successfully raised $1.0 billion via private placement to an affiliate of the Public Investment Fund (PIF) Ended the quarter with approximately $5.03 billion of total liquidity NEWARK, Calif., May 6, 2024 /PRNewswire/... Read more


NFI Group announces Election of Directors, including new Board member Anne Marie O’Donovan

Last Trade: 11.61 -0.21 -1.78

WINNIPEG, Manitoba, May 06, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) The Board of Directors (the “Board”) of NFI Group Inc. (the “Company”), a leader in zero-emission electric mobility solutions, is pleased to announce that Anne Marie O’Donovan was elected as a new director of the Board at the Company’s annual general meeting of shareholders (the “Shareholder Meeting”) held on Friday May 3,... Read more


Rivian Automotive to Receive $827M in Illinois State Funding to Expand Normal, IL Facility

Last Trade: 10.05 -0.23 -2.24

Company intends to increase capacity of plant to manufacture R2, its midsized SUV NORMAL, Ill. / May 02, 2024 / Business Wire / Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at... Read more


The 2024 Xos SV Stepvan Now Available for Incentives on the HVIP Vehicle Catalog

Last Trade: 7.97 -0.05 -0.62

LOS ANGELES, May 02, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), an industry-leading commercial electric vehicle manufacturer, has received official approval from the California Air Resources Board (CARB) for the 2024 Xos SV Battery Electric Stepvan to be listed on the Clean Truck and Bus Voucher Incentive Program (HVIP) catalog. The HVIP incentive, starting at a base amount of $85,000, offers Xos a... Read more


Vicinity Motor Secures VMC 1200 Distribution Agreement with RJames Vicinity Truck in British Columbia, Canada

Last Trade: 0.76 -0.02 -3.00

Well-Respected Commercial Vehicle Dealership to Address the Cities of Kamloops and Kelowna in British Columbia, Canada VANCOUVER, BC / ACCESSWIRE / May 2, 2024 / Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it has signed a new distribution agreement with RJames Management Group Ltd to launch RJames... Read more

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