SHANGHAI, China, March 28, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today announced a strategic partnership with Lianyou Zhilian Technology Co., Ltd. (“Lianyou Zhilian”). Lianyou Zhilian is an innovator and leader in automotive technology, specializing in the research and development for intelligent... Read more
SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the “Company”), a global mobility technology provider, today announced its use of Microsoft technology to strengthen the unique value proposition that global automakers can offer through their intelligent vehicles and drive innovation in intelligent vehicles. Harnessing the power of Microsoft Azure... Read more
SAN JOSE, Calif. / Mar 27, 2024 / Business Wire / QuantumScape Corporation (NYSE: QS), a leader in next-generation solid-state lithium-metal battery technology, today announced it started customer shipments of Alpha-2 prototype battery cells, fulfilling a goal for 2024. Alpha-2 prototypes are a significant milestone on the roadmap to deliver QSE-5, QuantumScape’s first planned commercial product.... Read more
GRAND CAYMAN, Cayman Islands and COIMBATORE, India, March 27, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the “Company”), a prominent provider of premium electric motorcycles, today announced it has successfully completed on-road driving range tests of the Company’s new Prana 2.0 intelligent battery system. The Prana 2.0 intelligent battery system... Read more
ESCONDIDO, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged high-performance compute (HPC) for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, has received an order from an existing OSS customer to design and manufacture a new ruggedized Liquid Cooling System for cooling self-driving technology in a commercial... Read more
Apollo demonstrates the power of 1550 lidar technology DUBLIN, Calif. / Mar 26, 2024 / Business Wire / AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced Apollo, the first product in AEye’s 4Sight™ Flex next-generation family of lidar sensors. Apollo delivers best-in-class range and resolution in a small, power-efficient, low-cost form... Read more
Record revenue of $83 million for the full year 2023 Expects $25 to $26 million of revenue for the first quarter of 2024 SAN FRANCISCO / Mar 26, 2024 / Business Wire / Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, announced today financial results... Read more
Signed LOI with global Tier 1 automotive supplier Third consecutive quarter of cash burn reduction DUBLIN, Calif. / Mar 26, 2024 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the fourth quarter and year ended December 31, 2023. Management Commentary “AEye is pleased to announce that we have signed... Read more
The Team in China Will Enhance Arbe’s Collaboration with Key Companies in the Area TEL AVIV, Israel, March 20, 2024 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar solutions, today announces that it opened an office in Shanghai, China, solidifying the company’s presence in the region. The team in China will enhance Arbe’s collaboration with key companies in the... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, proudly announces the successful completion of the first in-vehicle demonstration of the Company's Zero Voltage Switching (ZVS) traction inverter. The demonstration took place in a Hercules Electric Mobility powered E-boat on Orchard Lake, which... Read more
SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today confirmed its collaboration with a leading U.S. automaker. This partnership focuses on mitigating thermal runaway risks in EV battery modules through KULR's advanced SafeCASE™ technology. This project underscores KULR's... Read more
PALO ALTO, Calif., March 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) and Leapmotor (9863.HK) today announced a strategic partnership to create a best-in-class intelligent driving experience utilizing Hesai's next generation of high-performance automotive lidar products. This agreement builds upon Hesai and Leapmotor's ongoing collaboration which began in 2021. Since then,... Read more
DALIAN, China, March 15, 2024 /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 fourth quarter and full year ended December 31, 2023. Fourth Quarter of 2023 Financial Highlights Net revenues from sales of... Read more
Major Process Innovation Improves Silicon Anode Yield, Capacity, and Particle Uniformity Achieved Pilot-Scale Capacity Expansion to 4,000 Kilograms Per Year Without Additional Equipment or Process Change Participated in Battery Japan and InterBattery 2024 to Establish Over 100 Relationships with EV and Battery Industry Players Widening Testing Pipeline Partners and Evaluation Scale Towards... Read more
DENVER / Mar 14, 2024 / Business Wire / Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today reported financial results for the fourth quarter and year ended December 31, 2023. Business Highlights Added approximately 25,000 customer contracts in 2023, for nearly 50% year-on-year... Read more
Exro Technologies Inc. files management information circular for proposed merger with SEA Electric Inc. (the "Transaction"). The Transaction is designed to leverage complementary technologies to strengthen Exro's position in the electric vehicle technology sector, accelerate growth, and create a defined path to profitability, with multi-year commitments from leading commercial vehicle OEMs.... Read more
Aeva’s High-Resolution FMCW LiDAR Technology Selected for Ability to Detect Overhead Power Lines MOUNTAIN VIEW, Calif. & SEONGNAM CITY, South Korea / Mar 12, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon... Read more
SHENZHEN, China, March 12, 2024 (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 fourth quarter and fiscal year ended December 31, 2023. Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile,... Read more
Quarterly net revenues were RMB561.2 million (US$79.0 million),1 an increase of 37.1% year-over-year Quarterly lidar shipments were 87,7362 units, an increase of 84.6% year-over-year Full Year 2023 net revenues were RMB1,877.0 million (US$264.4 million), an increase of 56.1% year-over-year Full Year 2023 lidar shipments were 222,116 units, an increase of 176.1% year-over-year SHANGHAI, China,... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is redefining the power inverter landscape with its Zero Voltage Switching (ZVS) technology platform. This cutting-edge solution introduces the material elimination of switching losses and the ability to deploy higher switching frequencies without... Read more
TEL AVIV, Israel, March 7, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) ("Arbe"), a global leader in Perception Radar Solutions, today announced financial results for its fourth quarter and full year ended on December 31, 2023. Key Q4 and 2023 Company Highlights: Arbe completed its chipset pre-production phase and is in the final stages towards production ramp up in 2024. Following... Read more
NORTON, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal fourth quarter ended December 30, 2023. Fourth Quarter Highlights Revenue of $6.7 million for the fourth quarter of 2023 versus $6.1 million in the prior-year period, primarily due to growth in shipments Gross margin of... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company redefining power conversion technologies, is pleased to confirm the successful completion of electromagnetic compatibility (EMC) chamber testing with a European automotive OEM. Testing was completed at an external certified lab selected by the European OEM with results suggesting Hillcrest's... Read more
Testing of solid-state battery pack has advanced from lab to on-road vehicle testing Previously projected 73% increase in range from 110 miles to 190 miles Actual tests resulted in 86% increase in vehicle range from 110 miles to 205 miles BREA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric... Read more
Dividend Policy increased by 60% to $8 million per quarter; Company introduces full year 2024 EBITDA guidance of $90-95m and a target to surpass $100m in EBITDA in 2025 AZOUR, Israel, Feb. 29, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter and full year of 2023. Highlights of Full Year 2023 Number... Read more
SHANGHAI, China, Feb. 28, 2024 (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 December 31, 2023. “ECARX closed out 2023 on a high note, delivering a 31% year-over-year increase in revenues and significantly narrowing our net loss for the full year,”... Read more
REDMOND, WA / ACCESSWIRE / February 28, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its fourth quarter and full year 2023 results. "We are very pleased with what our global team accomplished in 2023. We are now actively engaged in nine automotive RFQs, including some of the largest global OEMs, with a key focus on... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company redefining power conversion technologies, is pleased to announce the addition of Dan Mathieson as a strategic advisor to the Company. Mr. Mathieson will work with the Company's executive team to deliver new business expansion opportunities both domestically and internationally. Don Currie,... Read more
Generation V BMS System Optimized for new Electrovaya's High Voltage Applications has achieved UL991 and UL 1998 Recognition TORONTO, ON / ACCESSWIRE / February 27, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, today announced that its latest generation of battery management system technology ("BMS")... Read more
LOUISVILLE, Colo., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the full year 2023 and provided its outlook and objectives for 2024. Recent Business Highlights Achieved electrolyte production capability of 1.1 metric... Read more
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