Tuesday - May 13, 2025
AUSTIN, Texas / May 12, 2025 / Business Wire / Hyliion Holdings Corp. (NYSE American: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced it has signed a non-binding Letter of Intent (LOI) for collaboration with Mesa Natural Gas Solutions (“Mesa”), a leading manufacturer and provider of natural gas generators and microgrids. The LOI outlines a phased... Read more
REDMOND, WA / ACCESS Newswire / May 12, 2025 / MicroVision, Inc. (NASDAQ:MVIS), a technology pioneer delivering advanced perception solutions in autonomy and mobility, today announced its first quarter 2025 results. Key Business Highlights Established defense industry advisory board to accelerate strategic expansion and pursuit of revenue opportunities in the defense tech and military sect... Read more
TAIPEI, May 8, 2025 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2025. First Quarter 2025 Summary Revenue of $63.6 million, down 8.7% year-over-year and down 4.5% on a constant... Read more
First Apollo units manufactured with Tier 1 supplier partner Advanced integration into NVIDIA DRIVE platform Secured new customer engagements PLEASANTON, Calif. / May 08, 2025 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the first quarter ended March 31, 2025. Recent Business Highlights The Apollo... Read more
PLEASANTON, Calif. / May 07, 2025 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced it has successfully produced the first Apollo lidar sensors from the LITEON manufacturing line in Taipei, Taiwan. This achievement is a key milestone as AEye positions Apollo for high-volume production. Designed to detect objects at highway speeds... Read more
Key Milestone as part of Electrovaya's Manufacturing Investment in Jamestown, New York JAMESTOWN, NY / ACCESS Newswire / May 7, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it has commenced battery system assembly operations at its Jamestown, New York facility. These operations will continue to expand with... Read more
AUBURN HILLS, Mich., May 7, 2025 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results. First Quarter Results and Business Update BorgWarner's (the "Company") organic sales were relatively flat compared with first quarter 2024, which equated to a U.S. GAAP net sales decrease of approximately 2%. This performance was despite a 3.6% decrease in the Company's weighted... Read more
400V high-voltage coolant heater (HVCH) technology to be used in series of plug-in hybrid electric vehicles HVCH offers flexible and compact design with high thermal power density Marks the company's largest eHeater contract for plug-in hybrid electric vehicles in North America AUBURN HILLS, Mich., May 6, 2025 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative... Read more
LOUISVILLE, Colo. / May 06, 2025 / Business Wire / Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the first quarter of 2025. Recent Business Highlights Conducted detailed design of equipment for the planned installation of a continuous manufacturing pilot line for sulfide electrolyte production;... Read more
PLEASANTON, Calif. / May 01, 2025 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, announced it has appointed Doron Simon to its Board of Directors effective April 29, 2025. Mr. Simon’s appointment is the result of the Company’s commitment to the thoughtful and continuous refreshment of its Board to best meet the evolving needs of AEye. Mr.... Read more
DALIAN, China, April 30, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer of lithium-ion and sodium-ion batteries and electric energy solutions in China, today announced its Q1 2025 market performance for 32140 cylindrical cells, based on the latest findings from the Start Point Institute of Research (“SPIR”, “SPIR... Read more
First Quarter Highlights Sales of $2.4 billion Net income attributable to Dana of $25 million, or $0.17 per share Net income margin of 1 percent Adjusted net income of $19 million, or $0.13 per share Adjusted EBITDA of $188 million Adjusted EBITDA margin of 8.0 percent Operating cash flow was a use of $37 million Cost-savings plan accelerated, targeting $225 million of savings in 2025 MAUMEE,... Read more
SHANGHAI, April 30, 2025 (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 March 31, 2025. “The strong momentum we built throughout 2024 continued to accelerate in the first quarter of 2025, as we further executed on our strategic vision and strengthened... Read more
NORTON, Mass., April 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal first quarter ended March 29, 2025. First Quarter Highlights Revenue of $7.5 million for the first quarter of 2025, reflecting the Company’s best sales quarter ever, even without any HybridTech Armor® business, versus... Read more
BorgWarner to present its next-generation double-sided cooled (DSC) 800V SiC power module for high-current-density applications on May 16, 2025, at 9:00 am CET Expert-led virtual presentation about a next-generation multi-level traction inverter with clean wave technology AUBURN HILLS, Mich., April 29, 2025 /PRNewswire/ -- BorgWarner is set to showcase its latest technology at the 46th... Read more
Funding round led by RockCreek and Ascent Funds to advance energy independence and national competitiveness Capital investment into Forge Nano now exceeds $140M; RockCreek joins GM, VW, LG and Hanwha as shareholders DENVER, April 29, 2025 (GLOBE NEWSWIRE) -- Forge Nano, Inc., a technology company pioneering domestic battery and semiconductor innovations, today announced the successful close... Read more
SHANGHAI, April 29, 2025 (GLOBE NEWSWIRE) -- ECARX (Nasdaq: ECX), (“ECARX” or the “Company”), a global automotive technology provider, announced a new phase of its collaboration with Qualcomm Technologies, Inc. Building on their long-term relationship, the two companies will leverage ECARX’s extensive experience in full-stack hardware and software development—successfully applied in... Read more
First Quarter 2025 Highlights: (Year-over-year comparisons unless otherwise noted) Net sales of $554 million, +3.5%; organic growth contributed +2.9% GAAP diluted earnings per share of $1.75 Adjusted diluted EPS of $2.19, +24% Free cash flow of $43 million, +3%; Cash conversion of 98% Returned $45m to shareholders via dividend and share repurchases CHICAGO / Apr 29, 2025 / Business Wire... Read more
SHANGHAI, April 25, 2025 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI), the global leader in lidar technology for automotive mobility and robotic applications, announced that its long-range, automotive-grade AT series lidar has been selected by SAIC-GM for integration into Cadillac's new all-electric VISTIQ SUV. The vehicle was unveiled during the Shanghai International Automobile Industry Exhibition... Read more
SHANGHAI, April 24, 2025 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI), the global leader in lidar technology for automotive mobility and robotic applications, today announced that its long-range, automotive-grade AT128 lidar has been selected as the primary lidar solution for all three mass production models of the new seventh-generation Robotaxi unveiled by Pony AI Inc. (Nasdaq: PONY), a global leader... Read more
New Radar System, Featuring China's First High-Density Waveguide Antenna, is Now Available for OEM Evaluation SHANGHAI, April 24, 2025 /PRNewswire/ -- HiRain Technologies, a leading provider of intelligent driving system to the Chinese automotive market, today announced the launch of the LRR615, a production-intent long-range imaging radar system powered by the Arbe Robotics (Nasdaq:... Read more
SAN JOSE, Calif. / Apr 23, 2025 / Business Wire / QuantumScape Corporation (NYSE: QS), a global leader in next-generation solid-state lithium-metal battery technology, and Murata Manufacturing Co. have entered into the first phase of an agreement to explore a collaboration for high-volume manufacturing of ceramic film for QS’s solid-state battery technology. Murata Manufacturing Co. is a worldwide... Read more
SHANGHAI, April 22, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced a strategic partnership with HERE Technologies (“HERE”), the leading location data and technology platform, to co-develop a next-generation, AI-powered in-vehicle navigation system for global automakers. The new system will make... Read more
2012 Time Magazine: 100 most Influential People in the World TORONTO, ONTARIO / ACCESS Newswire / April 17, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced the appointment of Prof. Donald R. Sadoway to the Company's Board of Directors. Donald R. Sadoway is Professor of Materials... Read more
SHANGHAI, April 16, 2025 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI), the global leader in lidar technology for automotive mobility and robotic applications, today announced that its advanced ATX lidar solution will be integrated as standard into the newly launched luxury shooting brake sedan, Zeekr 007GT. This marks a significant milestone in the strategic partnership between Hesai and Zeekr. In... Read more
The new advisory council will help advance Luminar’s growth strategy and its mission to save lives. ORLANDO, Fla. / Apr 16, 2025 / Business Wire / Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced the formation of the Luminar Automotive Council (LAC), a new team of executive advisors to help inform Luminar’s growth strategy and advance its global mission... Read more
SHANGHAI, April 15, 2025 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI), the global leader in lidar technology for automotive mobility and robotic applications, today announced that its long-range automotive lidar AT128 has been selected as the lidar solution for the first L4 production-ready Robotaxi jointly unveiled by Didi Autonomous Driving, the self-driving technology arm of DiDi Global ("DiDi"),... Read more
REDMOND, WA / ACCESS Newswire / April 14, 2025 / MicroVision, Inc. (NASDAQ:MVIS), a technology pioneer delivering advanced perception solutions in autonomy and mobility, today announced that its consolidated subsidiary, MicroVision GmbH, has completed the TISAX® assessment and been registered as a TISAX participant. "With rapid advancements in autonomous driving and vehicle connectivity, the automotive... Read more
ALIAN, China, April 14, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”) a leading lithium-ion battery manufacturer and electric energy solution provider in China, jointly with Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi”), a global leader in new energy innovation, today announced a strategic partnership to establish two... Read more
SHANGHAI, April 14, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced the launch of ECARXperience, an advanced generative in-vehicle HMI system powered by its proprietary AutoGPT AI large model application, designed to transform the driving experience with a dynamic, generative interface that evolves in... Read more
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