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US$ 233.94
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US$ 2.090B
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EV Technology Stock News

Electrovaya Reports Q4 FY2022 and Fiscal 2022 Results

Q4 revenue increased by 140% and FY 2022 revenue increased by 70% year over year TORONTO, ON / ACCESSWIRE / December 5, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fourth quarter and fiscal year ended September 30, 2022 ("Q4 FY2022" & "FY 2022",... Read more

BorgWarner Acquires Drivetek AG

Strengthens specialty power electronics capabilities Supports growth of High Voltage eFan business AUBURN HILLS, Mich., Dec. 2, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Drivetek AG. Headquartered in Switzerland, Drivetek offers engineering and product development services for inverters, electric drive solutions, and power electronics as well as... Read more

Expion360 Introduces e360 Lithium-Ion Battery Value-Added Reseller Program

REDMOND, OR / ACCESSWIRE / December 1, 2022 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium ion battery power storage solutions, has introduced a new value-added reseller (VAR) program for its premium e360 lithium ion battery line. The program will complement the company's other growing market channels that includes more than 175 dealers, wholesalers, private-label customers, and... Read more

MicroVision to Acquire Ibeo Automotive Systems to Accelerate Solutions for Automotive OEM and Expand Multi-Market Sales

Acquisition brings together MicroVision's best-in-class MAVIN™ hardware and Ibeo's best-in-class perception software to be integrated into MicroVision's perception ASIC, accelerating the path to a cost effective, true "one box solution" required by automotive OEMs for a roofline integrated product Accelerates combined company revenue streams from hardware and software products with forecast... Read more

Hyliion’s Hypertruck ERX Becomes First Electric Semi-Truck to Transport NYSE Christmas Tree to the Financial District

NYSE to celebrate 99th annual Christmas tree lighting on November 30th November 30 – Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that it has successfully delivered the New York Stock Exchange’s iconic Christmas tree for the 99th annual lighting ceremony, which will take place this evening, November 30th,... Read more

Exro Technologies Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update

Exro has successfully completed phase one of its integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar Corporation Exro remains committed to delivering on remaining key deliverables on behalf of shareholders by year-end, including pilots to SEA Electric and Vicinity, and new strategic partner Commencement of series production of Exro's Coil Driver™... Read more

As EV Manufacturers Look To Reduce Fire Hazards, Electrovaya Aims To Offer The Safest Lithium Ion Battery In The Industry

As electric vehicles (EVs) from Tesla Inc. (NASDAQ: TSLA), General Motors Co. (NYSE: GM), Ford Motor Co. (NYSE: F) and Stellantis NV (NYSE: STLA) catch fire in the wake of Hurricane Ian, manufacturers have placed renewed urgency on finding safer, less fire-prone batteries to power their EVs. The outbreak of EV fires mirrors the aftermath of Hurricane Sandy in 2012 when over 300 EVs manufactured by... Read more

NEO Battery Materials Submits Construction Permit for Silicon Anode Commercial Plant and Plans for Initial Construction Groundwork and Contractor Bidding

VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Submitted Construction Permit Application for Silicon Anode Commercial Plant to Pyeongtaek City, Gyeonggi Province Will Begin Initial Groundwork/Site Clearance, Basic Civil Engineering Work, and Bidding from Contractors Upon Permit Approval in 1 Month NEO Battery Materials Ltd. (“NEO” or the... Read more

Gogoro, Globe's 917Ventures and Ayala Corporation Partner to Bring Battery Swapping and Smartscooters to the Philippines

Companies initially focused on introducing an eco-friendly alternative to traditional fossil fuel-powered vehicles for the last mile delivery industry.  MANILA, Philippines, Nov. 29, 2022 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a strategic partnership in the... Read more

Aurora Mobile Limited Announces Third Quarter 2022 Unaudited Financial Results

SHENZHEN, China, Nov. 23, 2022 (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 third quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights Revenues were RMB80.4 million (US$11.3 million),... Read more

Electrovaya to Develop New Generation of Stationary Battery Energy Storage Systems using its Proprietary Infinity Battery Technology

Electrovaya's technologies provide solutions with superior safety and extended cycle life TORONTO, ON / ACCESSWIRE / November 22, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced that it plans to start development of high-voltage stationary energy storage battery systems using its... Read more

BorgWarner to Invest $500 Million in Wolfspeed, Securing up to $650 Million in Annual Capacity for Silicon Carbide Devices

BorgWarner will participate in Wolfspeed's financing transaction announced earlier today to support Wolfspeed's multi-year capacity expansion plan Access to a dedicated supply of silicon carbide (SiC) devices is significant to BorgWarner's inverter growth plan and Charging Forward objectives Wolfspeed and BorgWarner are also exploring a deeper collaboration for the purpose of accelerating technology... Read more

Arbe Robotics Announces First Mass Quantity Commercial Preliminary Order from HiRain Technologies

TEL AVIV, Israel, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Arbe Robotics Ltd. (NASDAQ: ARBE) a global leader in Perception Radar Solutions, announced today that HiRain Technologies, the leading Chinese ADAS Tier 1 supplier, placed its first mass quantity commercial preliminary order for 2023 and 2024, moving Arbe into the mass production phase. The order consists of 340,000 radar chipsets... Read more

Livent Completes North Carolina Expansion of Largest Lithium Hydroxide Production Site in the United States

BESSEMER CITY, N.C., Nov. 14, 2022 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today opened the first of several major expansions of the company's operations around the world, significantly boosting its lithium hydroxide production capacity in Bessemer City, North Carolina, a birthplace of lithium-ion battery technology and an increasingly important supply hub for the growing electric vehicle... Read more

Allego Reports Third Quarter 2022 Results Demonstrating Strong Execution and Development Activities

Third quarter 2022 revenues increased 105.0% over the prior year period to €22.3 million, largely driven by a doubling of charging and services revenues. Total energy sold was 37.0 gigawatt hour (GWh), an increase of 81.0% over the prior-year period. Total number of charging sessions were 2.2 million, 36.6% higher compared to 1.6 million in the prior-year period. Third quarter 2022 average... Read more

Ideal Power Enters into Development Agreement with Top 10 Global Automaker for B-TRAN™-based Electric Vehicle Power Module

AUSTIN, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced it entered into a product development agreement with a top 10 global automaker. Under this agreement, Ideal Power will... Read more

CBAK Energy Technology Reports Third Quarter 2022 Unaudited Financial Results

Net Revenues up 504% year over year in the third quarter  DALIAN, China, Nov. 14, 2022 /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 third quarter of 2022 ended September 30, 2022. Third Quarter of... Read more

Arbe Robotics Announces Q3 2022 Financial Results

TEL AVIV, Israel, Nov. 14, 2022 /PRNewswire/ -- Arbe Robotics Ltd. (Nasdaq: ARBE) ("Arbe"), a global leader in next-generation 4D Imaging Radar Solutions, today announced financial results for its third quarter ended September 30, 2022. Recent Highlights: Arbe is on track to full production, with a first mass quantity commercial preliminary order from HiRain Technologies, the leading Chinese... Read more

Allego Signs Long-Term Power Purchase Agreement Providing 100% Renewable Electricity

The 10-year, 25 gigawatt hour agreement will help mitigate volatility across the Company’s input base Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast-charging network, today announced it has signed its first long-term Power Purchase Agreement (“PPA”) with a leading independent power producer. Allego will begin receiving 25 gigawatt... Read more

SDG&E & General Motors to Explore Vehicle-to-Grid and Vehicle-to-Home Technology

New collaboration will study how electric vehicles, chargers and batteries can enhance energy reliability and build grid resiliency San Diego Gas & Electric (SDG&E) and General Motors (GM) today announced an agreement to investigate the feasibility of integrating bidirectional Electric Vehicles (EVs) into the electric grid as a local energy resource. Following GM’s announcement of its newest... Read more

Gogoro Releases Third Quarter 2022 Financial Results

TAIPEI, Taiwan, Nov. 10, 2022 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2022. Third Quarter Summary Revenue of $102.2 million, up 1.5% year-over-year and up 10.7% on a constant currency basis despite... Read more

AEye Reports Third Quarter 2022 Results

Third quarter revenue in line with expectations Product launch, new markets expansion, and continued momentum with existing partners provide foundation for growth AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the third quarter, ended September 30, 2022. “As planned, today we are excited to launch our 4Sight™ line of products... Read more

Exro Technologies Provides Operational Update and Announces Third Quarter 2022 Financial Results

Exro remains on schedule for key deliverables and milestones in Q4 2022, including: prototype e-axle delivery to Linamar, pilots to both Vicinity and SEA Electric, ISO certification by year-end First deliveries of Exro's Coil DriverTM for series production remain on schedule to begin in Q3 2023 Exro's Cell DriverTM on schedule to complete UL certification requirements in Q2 2023 with discussions... Read more

Expion360 Reports Third Quarter 2022 Results

REDMOND, OR / ACCESSWIRE / November 10, 2022 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium ion battery power storage solutions, reported results for the three and nine months ended September 30, 2022. All comparisons are to the same year-ago period unless otherwise noted. Financial Highlights Revenue increased 4% to a third quarter record of $1.4 million as a result of the company's... Read more

Luminar Technologies CEO Says Volvo EX90 Defines a New Era of Safety

“For the first time, a global production vehicle integrates high-performance lidar and software to enable next generation smart and safe cars that set a new bar for the industry” Today Luminar (Nasdaq: LAZR) joined Volvo Cars to unveil the new, all-electric Volvo EX90 which will come standard with Luminar’s technology on each vehicle produced to enable advanced safety and autonomous capabilities... Read more

XL Fleet Announces Third Quarter 2022 Financial Results Following Recent Transformational Acquisition of Spruce Power

XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), is a leading owner and operator of distributed solar energy assets across the United States, offering subscription-based services to more than 51,000 customers and making renewable energy more accessible to everyone, today announced third quarter 2022 financial results. Results for the third quarter of 2022 reflect contribution from the... Read more

Electrovaya Closes C$14.8 Million Private Placement

TORONTO, ON / ACCESSWIRE / November 9, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF) a leading lithium-ion battery technology and manufacturing company, has completed its previously announced private placement with existing institutional investors, new institutional investors and insiders, (the "Offering") of 17,543,402 units ("Units") at a price of $0.8461 per... Read more

Hyliion Holdings Reports Third-Quarter 2022 Financial Results

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today reported its third-quarter 2022 financial results. Key Business Highlights Closed acquisition of the KARNO™ generator from GE Additive, a revolutionary hydrogen and fuel-agnostic technology Announcing Founders Program for first 200 Hypertruck ERXTM units and releasing... Read more