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0.11 7.69
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Electric Vehicles Stock News

Faraday Future Announces that the FF 91 Successfully Passes FMVSS Crash Test Requirements, First Phase of Delivery Plan Set to Begin May 31st

The latest crash-test achievement joins the announcements made late last year of the FF91’s EPA rating of 381 miles of EV range and the official CARB certification received as a zero-emissions vehicle. The first phase of the Company’s three-phase delivery plan set to begin on May 31st. The Company will hold Co-creation day themed activities with the first group of industry experts and users... Read more

Ford EV Customers To Gain Access to 12,000 Tesla Superchargers; Company to add North American Charging Standard Port in Future EVs

Starting early next year, Ford EV customers will have access to more than 12,000 Tesla Superchargers across the U.S. and Canada, in addition to the over 10,000 DC fast-chargers that are already part of the BlueOval Charge Network. This will give Ford EV customers unprecedented access to fast-charging Mustang Mach-E, F-150 Lightning and E-Transit customers will be able to access the Superchargers... Read more

REV Group: Foothill Transit Orders 19 ENC Zero-Emission Axess® EVO-FC™ Hydrogen Fuel Cell Buses

RIVERSIDE, Calif. / May 25, 2023 / Business Wire / ElDorado National (California) or ENC, a subsidiary of REV Group, Inc., and an industry leader in heavy-duty transit buses and emission-free technology, secured an order for 19 Axess EVO-FC hydrogen fuel cell buses from California public transit provider, Foothill Transit. Foothill Transit currently operates a fleet of 359 buses, which includes z... Read more

Blue Bird Celebrates Grand Opening of Electric Vehicle Build-up Center

School Bus Manufacturer Expands Production Capacity for Electric, Zero-Emission Vehicles to Meet Increasing Demand MACON, Ga. / May 25, 2023 / Business Wire / Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, celebrated the grand opening of its Electric Vehicle (EV) Build-up Center on the grounds of the company’s main U.S. manufacturing plant in Fort Valley,... Read more

Phoenix Public Transit Department awards NFI Group contracts for up to 346 New Flyer low- and zero-emission vehicles

ST. CLOUD, Minn., May 25, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (“New Flyer”), a subsidiary of NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that its subsidiary New Flyer Industries (“New Flyer”) has received new firm orders for six zero-emission... Read more

Reclaimed Kentucky Coal Mine Sees the Sun Shining on New Solar Power Purchase Agreement with Toyota

Brownfield coal mining site to be converted to produce clean, renewable solar energy Site located in energy community featuring existing transmission infrastructure Toyota signs agreement with Savion to offtake 100 MW of electricity to be generated by project MARTIN COUNTY, Ky., May 24, 2023 /PRNewswire/ -- The sun will power more of Toyota Motor North America Inc.'s (Toyota's) operations... Read more

XPENG Reports First Quarter 2023 Unaudited Financial Results

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB34.12 billion (US$4.97 billion) as of March 31, 2023 Quarterly total revenues were RMB4.03 billion, a 21.5% decrease quarter-over-quarter Quarterly gross margin was 1.7%, a decrease of 7.0 percentage points quarter-over-quarter GUANGZHOU, China / May 24, 2023 / Business Wire / XPeng Inc. (“XPENG”... Read more

Volcon Announces Concurrent Closing of $9.0 Million Securities Offerings

AUSTIN, Texas, May 24, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today announced the concurrent closing of an underwritten public offering (the “Offering”) and a private placement. Gross proceeds of the Offering to the Company were $4.5 million, before deducting underwriting discounts and other... Read more

Cummins to Acquire Parts of Faurecia’s Commercial Vehicle Exhaust Business in Europe and the United States

COLUMBUS, Ind. / May 23, 2023 / Business Wire / Cummins Inc. (NYSE: CMI) today announced it has entered into a definitive agreement with Faurecia, a company of the FORVIA Group, to purchase two of Faurecia’s commercial vehicle manufacturing plants and their related activities for EUR142 million. The manufacturing facilities are located in Columbus, Indiana (U.S.), and Roermond, Netherlands. “Cummins... Read more

Mullen Automotive Partners with Amerit Fleet Solutions to Support National Service, Parts and Warranty for All Commercial Vehicles

Amerit Fleet Solutions, a service and warranty provider for vehicle fleet programs, with over 1,800 service professionals, has partnered with Mullen to provide national fleet servicing in support of Mullen’s commercial vehicles, the Mullen CAMPUS EV Van, the Mullen ONE – Class 1 EV Cargo Van, and the Mullen THREE - Class 3 EV Cab Chassis Truck programs. Mullen is expecting to begin Class 3 fleet... Read more

Homologation Process Begins for AYRO Vanish

AYRO begins homologation prior to the sale and delivery of vehicles. ROUND ROCK, TX / ACCESSWIRE / May 23, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announced today that the 2023 AYRO Vanish (the "Vanish") has entered homologation,... Read more

NWTN Motors and CMEC Middle East Seek to Forge Strategic Partnership to Advance UAE's Green Hydrogen Roadmap and Net Zero Target

DUBAI, UAE, May 22, 2023 /PRNewswire/ -- NWTN Inc. (Nasdaq: NWTN), an eco-conscious technology company specializing in sustainable mobility solutions ("NWTN"), and CMEC Middle East Fze ("CMEC ME"), a subsidiary of China Machinery Engineering Corporation, a renowned global engineering company, are thrilled to announce plans for a strategic partnership, which has been memorized in a non-binding memorandum... Read more

SQM Announces Long-Term Lithium Supply Agreement with Ford Motor Company

SANTIAGO, Chile, May 22, 2023 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) and Ford Motor Company have announced a long-term strategic agreement to secure the supply of high-quality lithium products for production of electric vehicles. The agreement between Ford and SQM will ensure the supply of battery-grade lithium carbonate... Read more

Volcon Announces $9.0 Million in Securities Offerings and Pricing of Previously Announced Public Offering

AUSTIN, Texas, May 22, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today announced the pricing of an underwritten public offering (the “Offering”) with gross proceeds to the Company expected to be $4.5 million, before deducting underwriting discounts and other estimated expenses payable by the... Read more

Greenland Technologies Reports First Quarter 2023 Unaudited Financial Results

1Q23 Gross Margin Improves 320 Basis Points Year-over-Year Cash and Cash Equivalents Rises 125% Year-over-Year to $15.4 Million EAST WINDSOR, N.J., May 19, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries... Read more

Volcon Launches Proposed Public Equity Offering

AUSTIN, Texas, May 19, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today announced that it intends to offer its securities in a firm commitment underwritten public offering (the “Offering”). The Company intends to use the net proceeds from the Offering for general corporate purposes, including... Read more

AYRO Opens Pre-Order Queue for Model Year 2023 Utility Low-Speed Electric Vehicle

Customers can now become among the first to pre-order the highly adaptable 2023 AYRO Vanish ROUND ROCK, TX / ACCESSWIRE / May 18, 2023 / Earlier this year, AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, pupose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announced the release of the 2023 AYRO Vanish... Read more

Vanderbilt University to Deploy Lightning eMotors ZEV4™ Electric Shuttle Buses for Intercampus Transit

Lightning eMotors supplying Vanderbilt’s first electric shuttles as part of the university’s carbon neutrality goals Vehicles expected to be delivered and deployed in Q2 2023 NASHVILLE, Tenn. / May 18, 2023 / Business Wire / Lightning eMotors (NYSE: ZEV), a leading provider of zero-emission, medium-duty commercial vehicles and electric vehicle technology for fleets, announced today that it... Read more

Fisker Affirms Commitment to Renewable Energy Use With European Public Charging Partner Allego

Fisker prioritizes "green charging" partners that power their charging networks with renewable energy In Europe, the Allego network partnership provides Fisker drivers with 100% renewable-energy charging options LOS ANGELES / May 17, 2023 / Business Wire / Fisker Inc. (NYSE: FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, reaffirms... Read more

Mullen Automotive: NRTC Integration Underway in Preparation for Production Start of Class 3 EV Cab Chassis Truck

Vehicle production to begin in Tunica, MS, July 2023 with deliveries and revenue expected in August and September 2023 BREA, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces vehicle production will begin in July 2023 at Mullen’s Manufacturing Center in... Read more

Vicinity Motor Receives Order for Forty-Two Vicinity Classic Buses from Global Mobility Leader Transdev

VANCOUVER, BC / ACCESSWIRE / May 17, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced the receipt of a new purchase order from global mobility leader Transdev for forty-two (42) Vicinity™ Classic buses. Per the terms of the supply agreement, Transdev Canada, Inc. has ordered forty-two of... Read more

Lightning eMotors Reports Financial Results for First Quarter 2023

GAAP revenue of $1.3 million, after $2.3 million of recall-related costs Adjusted revenue of $3.6 million from sales of 29 units; produced 53 units during the quarter Today announced funding commitment with Yorkville Advisors to provide up to $50 million of capital Recent contract to sell 126 Lightning ZEV3 and ZEV4 cargo vans, passenger vans and shuttle buses to new Canadian customer expected... Read more

Lightning eMotors Enters Into a $50 Million Pre-Paid Advance Agreement With Yorkville Advisors Global L.P.

LOVELAND, Colo. / May 17, 2023 / Business Wire / Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that it has entered into a $50 million pre-paid advance agreement (the “PPA”) with an investment fund managed by Yorkville Advisors Global L.P. “We are excited to partner with Yorkville... Read more

Mullen Automotive Readies for Commercial Vehicle Launch with First Demonstration Vehicle Delivered to Randy Marion Automotive in North Carolina

The first Mullen Class 3 truck arrives at Mullen’s dealer partner, Randy Marion Automotive, for customer test drives and demonstrations. BREA, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first Class 3 demonstration vehicle has been delivered... Read more

Fisker Enters Next Phase of Production for Electric Fisker Ocean

Fisker begins ramping up production to meet customer demand for the electric Fisker Ocean Next phase of Fisker Ocean One deliveries will start in June in European and US markets LOS ANGELES & MUNICH / May 15, 2023 / Business Wire / Fisker Inc. (NYSE: FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, is commencing the next phase of... Read more

Mullen Automotive Provides Fiscal Second Quarter 2023 Business Update

BREA, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a financial update for its fiscal second quarter for the three and six months ended March 31, 2023. Financial Results Cash used in operating activities was $67.6 million, and cash flows used in... Read more

First Hydrogen Reports Stellar Performance of Its Hydrogen-Powered LCV Under Real-World Conditions

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2023) - First Hydrogen Corp. ("FIRST HYDROGEN" or the "Company") (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) confirms its hydrogen-fuel-cell powered light commercial vehicles (LCV) are performing even better than predicted. In the first phase of commissioning, the Company's LCVs accumulated 6,000km on UK roads, including mileage around London's M25... Read more

Canoo Announces First Quarter 2023 Results

Our LDV vehicle is eligible for the full IRA commercial tax credit of $7,500 in 2023 25% reduction in annual operating expenses compared to last fiscal year Secured favorable long-term lease for Oklahoma City manufacturing facility Focused on exiting 2023 at a 20K run-rate, which opens the ability for us to move to 40k run-rate by 2024 to meet demand Targeting Gross Margin positive in 2025... Read more

Workhorse Reports First Quarter 2023 Results

CINCINNATI, May 15, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2023. Management Commentary “Following our stabilize, fix, and grow turnaround framework, we have... Read more