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Green Stock News for February 11, 2025: IonQ, Hesai Technology, XCharge, SolarBank

Welcome to the Green Stock News brief for Tuesday February 11th. Here are today’s top headlines:

IonQ (NYSE: IONQ) and General Dynamics Information Technology have announced a partnership to bring quantum computing solutions to government and defense sectors. The collaboration combines GDIT’s expertise in government missions with IonQ’s quantum technology to co-develop applications for quantum AI, resource optimization, and anomaly detection. This partnership aims to deliver transformative capabilities to federal and state governments, addressing critical challenges with innovative solutions.

Hesai Technology (NASDAQ: HSAI) has announced an expanded partnership with BYD to supply lidar for over 10 models set for mass production in 2025, supporting BYD's "God's Eye" ADAS system. As the automotive lidar market in China grows, Hesai continues to lead with advanced lidar solutions and expects an annual production capacity exceeding 2 million units by 2025.

XCharge (NASDAQ: XCH) has partnered with Orlando Utilities Commission to install its Net Zero Series charger at the Grid Integration Laboratory, aiming to enhance grid stability and reduce charging costs. The project will evaluate the charger’s battery-integrated system, which minimizes grid demand and supports fast EV charging without costly infrastructure upgrades.

SolarBank (NASDAQ: SUUN) has provided an update on the development of its two 14.4 MW community solar projects in New York, achieving a key milestone with positive interconnection results and advancing toward permitting. Once completed, the projects will provide clean energy to the local grid, enabling subscribers to save on electricity costs without installing solar panels on their homes.

Disclaimer

This video is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. THIS VIDEO IS INTENDED AS GENERAL INFORMATION AND NOT INFORMATION THAT YOU SHOULD RELY ON FOR INVESTMENT OR TRADING PURPOSES. This video is not financial advice and should not be taken as financial advice. This video is for information, education and entertainment purposes only. Green Stock News is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENTS, TRADING OR OTHERWISE, BASED ON ANY OF THE INFORMATION PRESENTED WITHOUT UNDERTAKING INDEPENDENT DUE DILIGENCE AND CONSULTATION WITH A PROFESSIONAL BROKER OR COMPETENT FINANCIAL ADVISOR. Video content is based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. 

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