PALO ALTO, Calif., March 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) and Leapmotor (9863.HK) today announced a strategic partnership to create a best-in-class intelligent driving experience utilizing Hesai's next generation of high-performance automotive lidar products. This agreement builds upon Hesai and Leapmotor's ongoing... Read more
Fourth Quarter Revenues of RMB 478.7 million, down 21.8% year over year Fourth Quarter Net Loss of RMB 130.2 million, compared to net loss of RMB 37.1 million in the same period of last year Full Year Revenues of RMB 2,651.8 million, down 16.3% year over year Full Year Net loss of RMB 271.8 million, compared to net loss of RMB 49.5 million in 2022 BEIJING, March 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies... Read more
DALIAN, China, March 15, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter of 2023 Financial Highlights Net revenues from sales of batteries were... Read more
Major Process Innovation Improves Silicon Anode Yield, Capacity, and Particle Uniformity Achieved Pilot-Scale Capacity Expansion to 4,000 Kilograms Per Year Without Additional Equipment or Process Change Participated in Battery Japan and InterBattery 2024 to Establish Over 100 Relationships with EV and Battery Industry Players Widening Testing Pipeline Partners and Evaluation Scale Towards Larger Battery... Read more
DENVER / Mar 14, 2024 / Business Wire / Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today reported financial results for the fourth quarter and year ended December 31, 2023. Business Highlights Added approximately 25,000 customer contracts in 2023, for nearly 50% year-on-year growth, to reach... Read more
QUEBEC CITY, March 13, 2024 /CNW/ - 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 thrilled to announce a collaboration with Arm with a view to delivering the next generation of advanced driver assistance systems... Read more
Gogoro's broadly deployed battery swapping ecosystem together with JEGO's new design, vehicle innovation and aggressive introductory price creates a new market segment in Taiwan. TAIPEI, Taiwan, March 13, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced that its new JEGO Smartscooter... Read more
MONTREAL, March 13, 2024 /CNW/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga"), a global leader in the electrification of powersports, is proud to announce that it is now a supplier of electric snowmobiles for Alterra Mountain Company ("Alterra"). Alterra is committed to reducing its carbon footprint and transitioning its snowmobiles to electric to achieve carbon neutrality across its North American mountain... Read more
Knightscope Autonomous Security Robots (ASRs) & Emergency Communications Products to be Integrated with Draganfly Drones for Innovation in Public Safety. Mountain View, California., March 13, 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, and Knightscope, Inc. (NASDAQ:... Read more
Exro Technologies Inc. files management information circular for proposed merger with SEA Electric Inc. (the "Transaction"). The Transaction is designed to leverage complementary technologies to strengthen Exro's position in the electric vehicle technology sector, accelerate growth, and create a defined path to profitability, with multi-year commitments from leading commercial vehicle OEMs. Shareholders are... Read more
Aeva’s High-Resolution FMCW LiDAR Technology Selected for Ability to Detect Overhead Power Lines MOUNTAIN VIEW, Calif. & SEONGNAM CITY, South Korea / Mar 12, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon has selected... Read more
SHENZHEN, China, March 12, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “We have seen... Read more
Ra’anana, Israel, March 11, 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 that it has received an order for its AI-driven Switch Yard System from a Class 1 freight rail company in the US. The freight rail company, which is one of the largest in North America, will install... Read more
Quarterly net revenues were RMB561.2 million (US$79.0 million),1 an increase of 37.1% year-over-year Quarterly lidar shipments were 87,7362 units, an increase of 84.6% year-over-year Full Year 2023 net revenues were RMB1,877.0 million (US$264.4 million), an increase of 56.1% year-over-year Full Year 2023 lidar shipments were 222,116 units, an increase of 176.1% year-over-year SHANGHAI, China, March 11, 2024... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is redefining the power inverter landscape with its Zero Voltage Switching (ZVS) technology platform. This cutting-edge solution introduces the material elimination of switching losses and the ability to deploy higher switching frequencies without the common... Read more
TEL AVIV, Israel, March 7, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) ("Arbe"), a global leader in Perception Radar Solutions, today announced financial results for its fourth quarter and full year ended on December 31, 2023. Key Q4 and 2023 Company Highlights: Arbe completed its chipset pre-production phase and is in the final stages towards production ramp up in 2024. Following that, Arbe... Read more
This commercial installation follows the purchase of 10 Rail Vision Main Line Systems Ra’anana, Israel, March 06, 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 for the railway industry, has announced the first commercial installation of its AI-driven Main Line Systems in a... Read more
NORTON, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal fourth quarter ended December 30, 2023. Fourth Quarter Highlights Revenue of $6.7 million for the fourth quarter of 2023 versus $6.1 million in the prior-year period, primarily due to growth in shipments Gross margin of 17.0 percent versus 26.6... Read more
Selected by Daimler Truck for Series Production Program with an Order Book* of $1Bn Announced and Demonstrated Atlas, World’s First Automotive-Grade 4D LiDAR for Mass Production Growing Momentum in Automotive with Multiple Passenger Vehicle RFQs, Including with a New Global Top 10 Passenger Vehicle OEM MOUNTAIN VIEW, Calif. / Mar 05, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company redefining power conversion technologies, is pleased to confirm the successful completion of electromagnetic compatibility (EMC) chamber testing with a European automotive OEM. Testing was completed at an external certified lab selected by the European OEM with results suggesting Hillcrest's Zero Voltage... 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
Rail Vision uses the NVIDIA Jetson and other NVIDIA edge AI platforms in its advanced railway safety systems Ra’anana, Israel, Feb. 29, 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 announces that it is joining NVIDIA Metropolis, a partner program, application framework, and... Read more
Dividend Policy increased by 60% to $8 million per quarter; Company introduces full year 2024 EBITDA guidance of $90-95m and a target to surpass $100m in EBITDA in 2025 AZOUR, Israel, Feb. 29, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter and full year of 2023. Highlights of Full Year 2023 Number of... Read more
SHANGHAI, China, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended December 31, 2023. “ECARX closed out 2023 on a high note, delivering a 31% year-over-year increase in revenues and significantly narrowing our net loss for the full year,” said ECARX Chairman and CEO... Read more
REDMOND, WA / ACCESSWIRE / February 28, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its fourth quarter and full year 2023 results. "We are very pleased with what our global team accomplished in 2023. We are now actively engaged in nine automotive RFQs, including some of the largest global OEMs, with a key focus on passenger... Read more
Full year 2023 revenues of approximately $21M exceeded guidance with year-over-year growth of 246% Q4 2023 revenues of approximately $15M exceeded guidance with 328% growth quarter-over-quarter and 846% growth year-over-year Strong revenue growth coupled with disciplined cost management led to the lowest quarterly cash burn since becoming a public company, finishing the year with approximately $150 million in... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company redefining power conversion technologies, is pleased to announce the addition of Dan Mathieson as a strategic advisor to the Company. Mr. Mathieson will work with the Company's executive team to deliver new business expansion opportunities both domestically and internationally. Don Currie, Hillcrest's Chief... Read more
Generation V BMS System Optimized for new Electrovaya's High Voltage Applications has achieved UL991 and UL 1998 Recognition TORONTO, ON / ACCESSWIRE / February 27, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, today announced that its latest generation of battery management system technology ("BMS") has been... Read more
LOUISVILLE, Colo., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the full year 2023 and provided its outlook and objectives for 2024. Recent Business Highlights Achieved electrolyte production capability of 1.1 metric tons per... Read more
All Eyes On Upcoming Launch with Volvo Cars ORLANDO, Fla. / Feb 27, 2024 / Business Wire / Today, Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the fourth quarter and full year of 2023. These results and updates were published in a Shareholder Letter that was issued via an 8-K SEC filing and published on its Investor... Read more
Ra’anana, Israel, Feb. 26, 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, announced a significant advancement through the successful approval and compliance of its Main Line system for operation across the European Union (EU). This achievement, which was recently announced, sets a new... Read more
The Fast & Flexible Interconnect (FIX) Program Enables Reliable Charging of EV Fleets in Constrained Distribution Systems LIBERTY LAKE, Wash. / Feb 23, 2024 / Business Wire / Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, and The Mobility House, a leader in the battery charging and clean energy space, unveiled the Fast & Flexible Interconnect... Read more
MONTREAL, QC / ACCESSWIRE / February 23, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), an innovator in the performance electric recreational boating industry, is thrilled to announce a groundbreaking partnership with Nautical Ventures Marine Group, a premier provider of maritime products and services. This collaboration marks a significant milestone with an initial... Read more
LONDON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- ECARX (Nasdaq: ECX) ("ECARX"), the global automotive technology provider, has developed and deployed its ECARX Cloudpeak digital cockpit software stack to meet the requirements of automotive manufacturers in the software-defined vehicle era. ECARX Cloudpeak was developed by ECARX’s global R&D teams in collaboration with HaleyTek – the joint venture between ECARX... Read more
AUSTIN, TX / ACCESSWIRE / February 22, 2024 / Ideal Power Inc. ("Ideal Power," the "Company," "we," "us" or "our") (NASDAQ:IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced the successful completion of Phase II deliverables of a product development agreement with Stellantis, a top 10 global... Read more
This commercial installation follows the purchasing of 10 Rail Vision Main Line Systems for $1.4 million Ra’anana, Israel, Feb. 20, 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 for the railway industry, today announces the first ever commercial installation of its AI-driven Main Line... Read more
Full-year Results Sales of $10.6 billion, an increase of $0.4 billion or 4 percent over last year Net income of $38 million, compared with a net loss of $242 million in 2022 Adjusted EBITDA of $845 million, an increase of $145 million over last year Adjusted EBITDA margin of 8 percent, a 110-basis-point improvement compared with 2022 Operating cash flow of $476 million Record three-year new business sales... Read more
MONTREAL, QC / ACCESSWIRE / February 15, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), an innovator in the performance electric recreational boating industry, proudly unveils the Phantom, a rotomolded, recyclable, and hard-to-damage boat at the Miami International Boat Show 2024 today. Vision Marine Technologies introduces the Phantom, a breakthrough in rotomolded... Read more
ARLINGTON, Va. / Feb 14, 2024 / Business Wire / AeroVironment’s PS2500 battery is now approved for use in the Puma™ 3 AE unmanned aircraft system (UAS). The optional PS2500 battery allows operators to achieve extended endurance of up to three hours of flight time. The increased endurance provides operators with greater mission flexibility and time on station across land and maritime operations. “The new PS2500... Read more
Co-founder Jagdeep Singh to continue as Chairman of the Board SAN JOSE, Calif. / Feb 14, 2024 / Business Wire / QuantumScape Corporation (NYSE: QS), a leader in next-generation solid-state lithium-metal battery technology, today announced the appointment of current President, Dr. Siva Sivaram, as CEO and as a member of the board of directors, effective February 15, 2024. Co-founder and CEO Jagdeep Singh will... Read more
COPYRIGHT ©2022 GREEN STOCK NEWS