Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") has successfully completed hydrogen fuel cell-powered vehicle (FCEV) trials with gas distribution network Wales & West Utilities (WWU). WWU is exploring zero emissions vehicle technology to suit its operational requirements and the trials... Read more
Justin, TX, March 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced that the U.S. Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone (FTZ). The approval marks a significant milestone that will accelerate Canoo’s Made in America electric vehicle manufacturing strategy, improve unit profitability and enable a faster... Read more
ANAHEIM, CA and KING OF PRUSSIA, PA / ACCESSWIRE / March 18, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced an Integration Agreement with InductEV, a pioneer in wireless vehicle charging technology. InductEV's solution allows EV fleets to achieve their decarbonization goals with hands-free... Read more
New facility expected to be fully operational in April 2024 Initial stage designed to provide capacity for over 2,000 electric motorcycles per month Ability to increase production capacity to over 50,000 electric motorcycles with additional lines and shifts GRAND CAYMAN, Cayman Islands and COIMBATORE, India, March 14, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the... Read more
JINHUA, China, March 14, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2023. Full Year 2023 Highlights Total net revenues increased by 4.9% to $123.6 million, from $117.8 million in 2022. As the primary driver of total revenue, off-road vehicles and associated parts sales... Read more
BREA, Calif., March 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. On March 5, 2024, U.S. Customs and Border Protection informed Rapid Response Defense Systems (“RRDS”) counsel that a final... Read more
OSCEOLA, AR / ACCESSWIRE / March 12, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), today announced that the Company currently has 43 vehicles on order from 19 customers with binding purchase orders and with funding approved by New Jersey's Zero Emission Incentive Program ("NJ ZIP") As noted above, these orders represent... Read more
CINCINNATI, March 12, 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 fourth quarter and full year ended December 31, 2023. Management Commentary “Over the past year, we have advanced our product roadmap and navigated... Read more
ST. CLOUD, Minn., March 11, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (New Flyer), a subsidiary of NFI Group Inc. (NFI) and North America’s leading manufacturer of heavy-duty transit buses, today announced that it has been awarded two new contracts from the New York City Transit Authority (NYCT) including firm orders for 429 Xcelsior® buses (671 equivalent units or EUs)... Read more
R2 Starting Around $45,000, Available to Reserve Today LAGUNA BEACH, Calif. / Mar 07, 2024 / Business Wire / Rivian today unveiled its new midsize platform which underpins R2 and R3 product lines. R2 is Rivian’s all-new midsize SUV delivering a combination of performance, capability and utility in a five-seat package optimized for big adventures and... Read more
IMC showcases zero-emission technology and celebrates their west coast sustainability initiative at state-of-the-art Compton facility PHOENIX, March 7, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, proudly marked a significant milestone as IMC, the largest marine drayage company... 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 launch of GP Truck Body as its new truck body entity. "The launch of GP Truck Body signifies our commitment to... Read more
L series upgrade to have lidar as standard configuration PALO ALTO, Calif., March 6, 2024 /PRNewswire/ -- Li Auto Inc. (Nasdaq: LI), a leader in China's electric vehicle market, recently launched Li MEGA, its first high-voltage battery electric vehicle. The company's high-tech flagship multi-purpose vehicle (MPV) is equipped with Hesai Technology's (Nasdaq: HSAI) ultra-high-definition long-range LiDAR... Read more
JILIN CITY, China, March 06, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (Nasdaq: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”) in China, today announced a significant milestone in its global expansion efforts with the export of 100 Senia R7 taxis to Colombia, South America... Read more
ANAHEIM, CA / ACCESSWIRE / March 6, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company" or "Phoenix"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, announced today that repeat customer Raleigh Durham International Airport (RDU) has placed an order for six zero emission Phoenix battery electric buses, marking Phoenix's first formal order after... Read more
First quarter net sales of $586.0 million compared to $583.5 million in the prior year quarter. First quarter net income of $182.7 million compared to a net loss of $13.5 million in the prior year quarter. First quarter Adjusted EBITDA1 of $30.5 million compared to $21.3 million in the prior year quarter. First quarter Adjusted Net Income1 of $14.7 million compared to $6.9 million in the prior year... 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 delivery of the first GreenPower all-electric, purpose-built Type D BEAST school bus in the state of Arizona to the... Read more
TEL AVIV, Israel, March 05, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”) has been selected by Airbus UpNext, wholly-owned innovation subsidiary of Airbus SE (stock exchange symbol: EADSY), to provide technological know-how based upon its REEcorner® and full-by-wire control systems. “Our fully-by-wire technology was carefully selected by Airbus UpNext to support their... Read more
BREA, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces its subsidiary, Bollinger Motors, has named the next two dealership groups, spanning seven states and 11 locations, as Bollinger rolls out its commercial electric truck line, beginning with the Bollinger B4 Chassis Cab in the... Read more
Quarterly Total Revenues reached RMB17,103.2 million (US$2,408.9 million)i Quarterly Vehicle Deliveries were 50,045 units Full Year Total Revenues reached RMB55,617.9 million (US$7,833.6 million) Full Year Vehicle Deliveries were 160,038 units SHANGHAI, China, March 05, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the... Read more
NIO delivered 8,132 vehicles in February 2024 NIO delivered 18,187 vehicles year-to-date in 2024 Cumulative deliveries of NIO vehicles reached 467,781 as of February 29, 2024 SHANGHAI, China, March 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its February 2024... Read more
GUANGZHOU, China, March 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2024. In February 2024, XPENG delivered 4,545 Smart EVs. Deliveries of XPENG X9 reached 1,448 units, with nearly 4,000 units of X9 delivered in the first two months of its... Read more
BEIJING, China, March 01, 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 that the Company delivered 20,251 vehicles in February 2024, up 21.8% year over year. The cumulative deliveries of Li Auto vehicles reached 684,780 as of the end of February 2024. “Even with the impact of Chinese New Year and... Read more
LOS ANGELES, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading provider of medium-duty electric vehicles, charging infrastructure, and fleet management software, is pleased to announce that it has received a purchase order from Mission Linen Supply, a leading provider of products and services to hospitality, healthcare, and industrial businesses, for 22’ stepvans. Mission Linen Supply is a... Read more
Testing of solid-state battery pack has advanced from lab to on-road vehicle testing Previously projected 73% increase in range from 110 miles to 190 miles Actual tests resulted in 86% increase in vehicle range from 110 miles to 205 miles BREA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”)... Read more
Fisker’s new Dealer Partner model is gaining momentum and is expected to help improve brand awareness and sales throughout 2024. Fisker is in negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing. The closing of any transaction would be subject to satisfaction of... Read more
All figures quoted in U.S. dollars unless otherwise noted: 2023 Q4 revenue of $792 million; 1,227 equivalent units ("EUs") delivered, up 19% from 2022 Q4, with 236 of EUs delivered being battery- and fuel cell-electric buses ("ZEBs"). Full year revenue of $2.7 billion; 4,001 EUs delivered, with 22% ZEBs. 2023 Q4 Net loss of $2 million; Net loss per Share of $0.02, and Adjusted Net Loss per Share2 of... Read more
MONTREAL, Feb. 29, 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 fourth quarter and fiscal year ended on December 31, 2023. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards... Read more
XPENG and the Volkswagen Group entered into Master Agreement on Platform and Software strategic technical collaboration XPENG and the Volkswagen Group entered into Joint Sourcing Program to jointly reduce the cost of the Platform The joint development of B-class BEVs under Volkswagen brand has achieved a major project development milestone GUANGZHOU,... Read more
Fisker has signed two new dealer partners who will open three locations. Fisker Albany will open in New York state, Fisker Jacksonville will open in Florida, and Fisker Indianapolis will open in Indiana. 12 dealer partners in the US and Europe have now signed with Fisker. Fisker has received interest from over 250 dealers in North America and the rest of the world regarding the company’s new Dealer Partnership... Read more
LARBERT, United Kingdom, Feb. 26, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced that its next-generation Enviro400EV electric double decker has completed the Zemo Partnership’s zero-emission bus... Read more
SHANGHAI, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced that its subsidiary, NIO Technology (Anhui) Co., Ltd. (the “Company”), has entered into a technology license agreement (the “Technology License Agreement”) with Forseven Limited (“Forseven”), a subsidiary of CYVN Holdings L.L.C.... Read more
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2024) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to announce initial findings from month-long vehicle trials with gas distribution network, Wales & West Utilities (WWU), which show remarkable performance from the Company's hydrogen-powered-fuel-cell vehicle (FCEV). The insight... Read more
Company in full commercial EV production with Class 1 and Class 3 vehicles; Bollinger Motors focused on Class 4-6 vehicles with Class 4 production starting in second half 2024 Company achieves positive gross margin per Class 1 and Class 3 vehicles invoiced Company integrating advance battery solutions and AI driven battery management system, “The Intelligent BMS” BREA, Calif., Feb. 26, 2024 (GLOBE... Read more
Quarterly total revenues reached RMB41.73 billion (US$5.88 billion)1 Quarterly deliveries reached 131,805 vehicles Full year total revenues reached RMB123.85 billion (US$17.44 billion) Full year deliveries were 376,030 vehicles BEIJING, China, Feb. 26, 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... Read more
LONDON, Feb. 26, 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 reported financial results for the fiscal year ended September 30, 2023. Recent Business Highlights Entered into a standby equity purchase agreement to sell up to $10 million... Read more
REE Automotive’s first Class 4 P7-C demo electric chassis cab to arrive in the U.S. has been upfitted with Knapheide’s KUV body The vehicle will travel to NTEA Work Truck Week in Indianapolis to be showcased at Knapheide’s distributor event on March 5, 2024 QUINCY, Ill., Feb. 22, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive... Read more
LOS ANGELES and FOREST CITY, Iowa, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading manufacturer of electric commercial vehicles, and Winnebago®, the flagship brand of outdoor lifestyle product manufacturer Winnebago Industries (NYSE: WGO), are pleased to announce an exciting partnership and development of a fully electric chassis for Winnebago’s Specialty Vehicles division. This chassis... Read more
CINCINNATI, Feb. 22, 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 it has added Riverview International Trucks (“Riverview”) as its latest vehicle dealer, bringing the Company’s total dealer count in California to five. With locations in West... Read more
Delivered the first production hydrogen fuel cell electric truck available in North America Delivered 35 hydrogen fuel cell electric trucks in Q4 ending the period with no finished goods inventory From October 2023 through January 31, 2024, 225 additional voucher requests have been submitted in Calif. for hydrogen fuel cell electric trucks, all for Nikola Remain on track to get the first battery-electric... Read more
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