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Latest EV Technology News


DoorDash and Lyft Partner to Unlock Exclusive Benefits

Last Trade: 13.67 -0.24 -1.73

DashPass membership now includes discounted Lyft rides and free Priority Pickup upgrades Lyft riders to receive free 3-month DashPass trial SAN FRANCISCO / Oct 30, 2024 / Business Wire / DoorDash (Nasdaq: DASH) and Lyft (Nasdaq: LYFT) today announced a partnership to offer benefits on both rides and local delivery. DashPass members will unlock monthly rideshare benefits at no additional cost, and eligible Lyft... Read more


CPS Technologies Announces $12 Million Contract with Semiconductor OEM

Last Trade: 1.45 0.03 2.11

NORTON, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) (“CPS” or the “Company”) today announced that it has received an award, valued at approximately $12 million, from a major, longstanding customer to provide power module components and related solutions. This agreement, though cancelable by either party, enables both parties to continue discussions about future volume and price... Read more


Dana Reports 2024 Third-Quarter Financial Results, Reports Strong Third-Quarter Profit Margin, Maintains Full-Year Free Cash Flow Guidance

Last Trade: 8.39 -1.75 -17.26

Sales of $2.48 billion Net income of $4 million Adjusted EBITDA of $232 million Adjusted EBITDA margin of 9.4 percent, a 30-basis-point improvement compared with 2023 Full-year free cash flow guidance maintained at $100 million MAUMEE, Ohio, Oct. 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced financial results for the third quarter of 2024. "Dana achieved 30 basis points of... Read more


Aurora Innovation Announces Third Quarter 2024 Results

Last Trade: 6.64 -0.27 -3.91

PITTSBURGH / Oct 30, 2024 / Business Wire / Aurora Innovation, Inc. (NASDAQ: AUR) today announced its third quarter 2024 results. Aurora’s shareholder letter and financial results are available on its investor relations website at ir.aurora.tech. “We are on the brink of a new era in mobility and logistics, and the excitement from the industry, our partners, and customers is palpable,” said Chris Urmson, co-founder... Read more


Blink Charging: FIAT House in New Jersey Introduces Private Electric Car Sharing Program for Residents through Envoy Technologies

Last Trade: 2.08 -0.05 -2.35

Innovative Amenity Brings Sustainable Transportation to Residents Ft. Lee, NJ, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Envoy Technologies Inc. (“Envoy”), a Blink Charging Co. company, and leading provider of electric vehicle car-sharing services and community-based electric vehicles (EVs), has teamed with UNLMTD Real Estate Group, LLC (“UNLMTD”) to introduce electric car sharing at FIAT House, a brand-new... Read more


NEO Battery Materials Enters into Letter of Intent with Canadian Municipality for Commercial Facility Land Lease

Last Trade: 0.40 0.00 0.00

Letter of Intent Entered with Undisclosed Canadian Municipality for Purposes of Commercial Facility Land Lease Intending to Secure Approximately 8 Acres of Municipal Land with Tax Incentives and Favourable Lease Terms Plans to Construct and Operate Silicon Anode Manufacturing Plant Capable of Producing 5,000 Tons Per Year To Capitalize on Aggressive Policies and Financial Support Provided by Canadian... Read more


Littelfuse Reports Third Quarter Results for 2024

Last Trade: 251.27 -7.87 -3.04

Operational execution drives third quarter earnings above expectations CHICAGO / Oct 29, 2024 / Business Wire / Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today reported financial results for the third quarter ended September 28, 2024: Net sales of $567 million were down 7% versus the prior year period and... Read more


WeRide Announces Closing of Initial Public Offering

Last Trade: 15.25 -1.75 -10.29

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader and a first mover in the autonomous driving industry, today announced that its previously announced initial public offering (the “Offering”) of 7,742,400 American depositary shares (“ADSs”) at a price to the public of US$15.50 per ADS closed on October 28, 2024. Each ADS represents three Class A... Read more


ECARX Powers Global Launch of the smart #5 Premium Mid-Size SUV

Last Trade: 1.80 -0.05 -2.70

SHANGHAI, Oct. 27, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, in partnership with AMD, the high performance and adaptive computing leader, today celebrated the official launch of smart #5, smart’s first premium mid-size SUV which integrates ECARX’s Makalu® computing platform powered by AMD Ryzen™ Embedded V2000 Series... Read more


The World's First IPO of Universal Autonomous Driving Technology Company! WeRide Officially Listed on NASDAQ

Last Trade: 15.25 -1.75 -10.29

NEW YORK, Oct. 25, 2024 /PRNewswire/ -- WeRide, the leading global commercial-stage company, was officially listed on the Nasdaq Global Select Market under the ticker symbol "WRD." Upon listing, WeRide became the world's first publicly listed universal autonomous driving technology company and the first publicly listed Robotaxi company. The initial public offering price was set at $15.5 per American... Read more


Foresight Autonomous and Tata Elxsi Sign Collaboration Agreement

Last Trade: 0.65 -0.01 -1.74

The parties will collaborate to accelerate development of solutions for semi-autonomous and autonomous vehicles using Foresight’s stereoscopic technology and Tata Elxsi’s integration solutions for marketing in the Indian automotive industry Ness Ziona, Israel, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive... Read more


New York’s RTS awards NFI Group subsidiary New Flyer order for 44 Xcelsior heavy-duty transit buses

Last Trade: 11.94 0.00 0.00

ST. CLOUD, Minn., Oct. 24, 2024 (GLOBE NEWSWIRE) - (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced a new firm order from Regional Transit Service, Inc. (RTS) for 44 Xcelsior® clean-diesel heavy-duty transit buses. The contract... Read more


Blue Bird Delivers First Fleet of Propane-Powered Buses to School District of Philadelphia

Last Trade: 42.89 -0.30 -0.69

Company Supplies 38 Low-Emission School Buses Helping Largest School District in Pennsylvania to Shift to Clean Student Transportation MACON, Ga. / Oct 24, 2024 / Business Wire / Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has delivered its first fleet of propane-powered buses to the School District of Philadelphia (SDP), the largest school district in... Read more


LiveWire Group Reports 2024 Third Quarter Financial Results

Last Trade: 5.96 0.03 0.51

MILWAUKEE / Oct 24, 2024 / Business Wire / LiveWire Group, Inc. (“LiveWire” or the “Company”) (NYSE: LVWR) today reported third quarter 2024 results. “While the two-wheel industry has been challenging in 2024, especially for EV products in the U.S., the Company had reasons to celebrate in Q3, including being awarded best 2024 electric bike by Motor Cycle News and enjoying a global moment for S2 Del Mar® in August in... Read more


Littelfuse Launches RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 Charging Stations

Last Trade: 251.27 -7.87 -3.04

Innovative design supports more compact, high-current EV chargers with improved safety, design flexibility, and thermal management. CHICAGO / Oct 22, 2024 / Business Wire / Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced the RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 EV charging stations. The... Read more


Hesai Technology Announced as Exclusive Lidar Provider for Leapmotor's Next-Generation Vehicle Platform

Last Trade: 4.55 -0.09 -1.94

PALO ALTO, Calif. , Oct. 22, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Leapmotor's next-generation vehicle platform. The platform's first model is expected to enter mass production in 2025. According to the agreement, Hesai Technology will provide lidar products for... Read more


Cyngn's Drive for Commercialization and Technical Innovation Continues

Last Trade: 3.92 0.32 8.89

In recent weeks, Cyngn —  Executed its first paid DriveMod Forklift Deployment. Started deploying its next-gen 12,000 lb. DriveMod Tugger at customer facilities. Signed a commercial contract with a major automotive service equipment manufacturer. Expanded its dealer network, adding multiple sales channels that offer Motrec vehicles as well as other 3rd party system integrators. Secured its 20th and 21st... Read more


Cyngn Completes First Paid DriveMod Forklift Deployment at Customer Facility

Last Trade: 3.92 0.32 8.89

MENLO PARK, Calif., Oct. 21 ,2024 /PRNewswire/ -- Today, Cyngn announced that its autonomous DriveMod Forklift has completed its first paid autonomous deployment at a customer facility, marking an important milestone in the commercialization of the next vehicle in Cyngn's Enterprise Autonomy Suite (EAS) portfolio. Built with an array of safety systems, including 360° high-definition perception and Cyngn's Virtual... Read more


NEO Battery Materials Signs Letter of Intent for Joint Venture with Lotus Energy Recycling

Last Trade: 0.40 0.00 0.00

Letter of Intent Signed with Lotus Energy Recycling for Canadian Joint Venture To Collaborate on Recycling End-of-Life Photovoltaic (PV) Cells and Solar Panels in North America Focus on Recovering Valuable Silicon Materials for Battery Applications Initiated Recovered Silicon Material Testing and Evaluation for Anode Active Material Development in Lithium-Ion Batteries TORONTO, Oct. 21, 2024 (GLOBE... Read more


Artificial Intelligence Technology's RAD-M Achieves Level 5 Autonomous Navigation with ROAMEO™ Gen4 Development

Last Trade: 0.0028 0.00 0.00

ROAMEO Gen4 Achieves Full Autonomy, Setting the New Standard in Mobile Robotic Security Detroit, Michigan, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices Mobile, Inc. (RAD-M), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”), (OTCPK:AITX) has attained the advanced achievement of Level 5 autonomous navigation, part of its development of ROAMEO Gen4 security robot.... Read more


New Ford Pro Tool Runs the Numbers to Show Where Electric Makes Cents

Last Trade: 10.47 0.06 0.58

Ford Pro’s latest digital solutions help businesses determine when, where, and how electric vans and trucks can work best for them. Ford Pro E-Switch Assist is a complimentary tool that analyzes a business’ connected vehicle data to evaluate if their current gas-powered Transit® vans and F-150® pickups are suitable for transitioning to E-Transit™ electric vans and F-150® Lightning® electric trucks. New Ford Pro... Read more


Cyngn's Next-Gen 12,000 lb. DriveMod Tugger Deploying With Customers, Including Commercial Contract With Major Automotive Equipment Manufacturer

Last Trade: 3.92 0.32 8.89

MENLO PARK, Calif., Oct. 17, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced a commercial deployment of its next-generation DriveMod Tugger, featuring a recent upgrade to 12,000-pound towing capacity, with a customer that is a major manufacturer of automotive service equipment. Furthermore, next-gen DriveMod Tuggers have been used in several pilot deployments with automotive... Read more


Electrovaya Receives Funding from the Government of Canada

Last Trade: 2.12 0.03 1.19

C$2 million in funding to support investments in Electrovaya's Canadian facility for automation and capacity enhancements TORONTO, ON / ACCESSWIRE / October 17, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, announced a C$2-million investment from the Government of Canada through the Federal Economic Development... Read more


Forge Nano Receives $10M Investment from GM Ventures to Pursue GM Battery Material Enhancements for Future Electric Vehicles

Last Trade: 51.97 0.43 0.83

Capital investment into Forge Nano now exceeds $100M; GM joins VW, LG, Hanwha and Mitsui Kinzoku as shareholders GM plans to utilize Forge Nano’s Atomic Armor surface engineering platform technology to pursue battery cathode material enhancements DENVER, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Forge Nano, Inc., a materials science company that uses its Atomic Armor™ Atomic Layer Deposition technology to optimize... Read more


Gogoro and Cycle & Carriage Launch Battery Swapping with Three Smartscooters in Singapore

Last Trade: 0.50 0.0009 0.18

SINGAPORE, Oct. 16, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities and its exclusive Singapore distribution partner, Cycle & Carriage, today announced they will be launching Gogoro battery swapping and Smartscooters in Singapore later this month. "Together with Cycle & Carriage, we are... Read more


Cyngn Secures its 21st U.S. Patent: System and Methods of Adaptive Object-based Decision Making for Autonomous Driving

Last Trade: 3.92 0.32 8.89

Since August 2023, Cyngn has been granted eleven additional patents, bringing the total U.S. patents granted to 21. Patent 21 enhances Cyngn's autonomous vehicles' capability to make informed decisions regarding their surroundings. MENLO PARK, Calif., Oct. 16, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) announced the official granting of a new patent, 12,039,867. This patent covers... Read more


Ideal Power Begins Third-Party Automotive Qualification and Reliability Testing

Last Trade: 7.20 -0.21 -2.83

AUSTIN, Texas, Oct. 16, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces the start of third-party automotive qualification and reliability testing of B-TRAN™ devices. "This is a significant... Read more


Serve Robotics Rolls Out Third-Generation Autonomous Delivery Robot; Platform Upgrade Will Support National Scaling

Last Trade: 11.37 -0.31 -2.65

Faster, smarter delivery robots will support Serve’s scaling across the U.S. Manufacturing cost halved, while advancing safety, autonomy, performance and speed New robots have entered manufacturing and are on track for deployment in 2025 SAN FRANCISCO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous... Read more


WeRide Unveils New Production Robotaxi GXR Leveraging 1,800 Days of Operations 

Last Trade: 15.25 -1.75 -10.29

GUANGZHOU, China, Oct. 15, 2024 (GLOBE NEWSWIRE) -- WeRide, the leading global commercial-stage company developing autonomous driving technologies from Level 2 to Level 4, has officially unveiled its latest generation of Robotaxi - GXR, the world's most spacious production Robotaxi model to date. Leveraging WeRide's extensive experience of over... Read more



Karooooo Increases Earnings by 31% Driven by Strong Subscription Revenue Growth and Higher Gross Margins

Last Trade: 41.00 -0.04 -0.10

SINGAPORE / Oct 15, 2024 / Business Wire / Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2025”) and Half-Year (“HY 2025”) ended August 31, 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, “the group”). Financial and operational highlights include: Karooooo subscribers increased 17% Y/Y to 2.14 million Cartrack net... Read more


MicroVision Announces Preliminary Third Quarter 2024 Results and Business Update

Last Trade: 1.03 -0.03 -2.83

REDMOND, WA / ACCESSWIRE / October 15, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its preliminary unaudited third quarter 2024 results. Key Business Highlights for the Third Quarter of 2024 Actively engaged with top-tier global automotive OEMs, with seven high-volume RFQs for passenger vehicles and custom development... Read more


LeddarTech Announces Receipt of US$3.0 Million Following Disbursement of the Second Tranche of the Previously Announced Bridge Financing

Last Trade: 0.27 -0.0041 -1.52

QUEBEC CITY, Canada, Oct. 15, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (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, announced today that the Company received the second tranche of the bridge loans (the “Bridge... Read more


Massimo Group Launches New T-Boss UTV Series for the Winter Season

Last Trade: 4.24 0.31 7.89

Fully Enclosed Cabin Provides All-Weather Protection for Work and Play GARLAND, Texas, Oct. 10, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of a new T-Boss UTV series with Cab Enclosure, the best equipped and most value-packed UTVs in their class. The Massimo Motor T-Boss Series of UTVs... Read more


Major European Passenger OEM Selects Aeva Technologies for Automated Vehicle Validation Program

Last Trade: 4.00 -0.21 -4.99

Aeva’s 4D LiDAR Technology with Instant Velocity Data to be Used as “Gold Standard” to Validate Next-generation Vehicle Automation Systems MOUNTAIN VIEW, Calif. / Oct 08, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that a major European passenger vehicle OEM, together with a simulation and validation technology leader, will use Aeva’s 4D... Read more


Niu Technologies Provides Third Quarter 2024 Sales Volume Update

Last Trade: 2.34 -0.04 -1.68

BEIJING, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provides its sales volume results for the third quarter of 2024.           3Q 2024   3Q 2023   YTD 2024   YTD 2023 China... Read more


Uber Technologies and Avride Announce Autonomous Delivery and Mobility Partnership

Last Trade: 79.43 0.22 0.28

SAN FRANCISCO & AUSTIN, Texas / Oct 03, 2024 / Business Wire / Uber Technologies, Inc. (NYSE: UBER) and Avride today announced a multiyear strategic partnership to bring Avride’s delivery robots and autonomous vehicles to Uber and Uber Eats. The delivery partnership will launch first with sidewalk robots on Uber Eats in Austin in the coming weeks, before expanding to Dallas and Jersey City, New Jersey, later... Read more


AEye’s Apollo Excels in Field Testing Demonstrating Unmatched Performance at 1 Kilometer

Last Trade: 1.13 -0.05 -3.83

PLEASANTON, Calif. / Oct 03, 2024 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, announced that its Apollo lidar sensor has achieved outstanding results during recent field testing where it consistently delivered high-resolution data at distances exceeding one kilometer. This breakthrough is believed to be a first within the lidar industry and demonstrates... Read more


AeroVironment Successfully Flight Tests New Solar-Powered Aircraft, Redefines Stratospheric Payload Capabilities

Last Trade: 216.60 -4.25 -1.92

ARLINGTON, Va. / Oct 01, 2024 / Business Wire / AeroVironment (AV) flight-tested an upgraded Sunglider™, enhancing its High-Altitude Platform-Station (HAPS) capabilities for commercial and government markets. The result is Horus™ A, the new version of Sunglider for government applications. Horus A is a solar-powered UAS capable of carrying up to 150 lb of payload with 1.5 kW of available power, offering... Read more


Serve Robotics and Wing Partner to Expand Autonomous Delivery, Increasing Reach and Efficiency

Last Trade: 11.37 -0.31 -2.65

Serve robots enable pick-up in dense urban areas, as Wing drones expand Serve delivery radius Robot-to-drone solution will enable fast, affordable restaurant delivery over 6 mile radius SAN FRANCISCO, Oct. 1, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, and Wing Aviation LLC, an on-demand drone delivery provider, today announced a... Read more

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