CALGARY, AB, Sept. 13, 2024 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company that provides proprietary motor-control and complete electric propulsion system technology for e-mobility, is pleased to announce that it has completed its previously announced public offering (the "Offering") for a total of 71,429,000 units ("Units")... Read more
PALO ALTO, Calif., Sept. 9, 2024 /PRNewswire/ -- Hesai Technology, a global leader in the lidar industry, has successfully passed a rigorous audit by TÜV SÜD and obtained the ISO 21448 Safety of the Intended Functionality (SOTIF) certification based on ISO 26262 functional safety and a QMS framework. This makes Hesai the first in the global lidar industry to receive this certification. It highlights... Read more
SHANGHAI, Sept. 05, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, and AMD, the high performance and adaptive computing leader, today congratulated Lynk & Co. on the first deliveries of the Lynk & Co. Z10 flagship luxury sedan, which integrates ECARX’s Makalu® computing platform powered by AMD Ryzen™... Read more
MOU with the University of Windsor to Advance Novel Battery & Energy Storage Technologies To Cultivate Highly Qualified Talent & Workforce, Commercialize Innovations with New IP & Conduct Pivotal Battery R&D Collaborate to Optimize Silicon Anodes, Fabricate Multi-Layer Battery Cells & Develop New Component Materials Intention to Jointly Apply for Provincial/Federal... Read more
Sensrad Values Its Agreement at an Estimated 7M Euros, with Deliveries Expected to Begin in the Third Quarter of 2024 TEL AVIV, Israel, Sept. 4, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE) a global leader in Perception Radar Solutions, announced today that its tier-1, Sensrad, has signed a framework agreement to provide 4D Imaging Radars powered by Arbe's chipset... Read more
SHANGHAI, Aug. 29, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, has partnered with MulticoreWare Inc. to optimize algorithms for intelligent driving solutions on multi-core heterogeneous compute platforms. This collaboration focuses on enhancing performance for ECARX’s advanced driving systems, integrating CPU, GPU,... Read more
Companies introduce new Pulse, JEGO and CrossOver GX250 Smartscooters at NADA Auto Show in Kathmandu and plan to deploy more battery swapping stations than petrol stations in Nepal. KATHMANDU, Nepal, Aug. 27, 2024 /PRNewswire/ -- Nebula Energy and Gogoro Inc (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced... Read more
SAN DIEGO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in safe and high-performance energy storage solutions, today announced it has been selected for a pivotal battery pack reference design project by Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform.... Read more
XPENG launches its first major synchronized global OTA upgrade for eligible users across Europe, the Middle East, Southeast Asia, and other markets During the 28-day beta, global users engaged enthusiastically, and nearly a hundred feedback items were integrated into the final OTA update. Additionally, there's a plan to roll out at least four OTA updates in the forthcoming year. XPENG hosted... Read more
AUSTIN, Texas / Aug 19, 2024 / Business Wire / Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced that it has entered into a non-binding Memorandum of Understanding (MOU) with Jardine Engineering Corporation Limited (“JEC”). The MOU represents the first step toward a commitment from both companies to work together to... Read more
REDMOND, Ore., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced a new partnership with Alaskan Camper, LLC d/b/a Alaskan Campers. Through this collaboration, Expion360's state-of-the-art 12.8V GC2 162Ah VHC internally heated battery will come standard in all of... Read more
Continued strong profitability and reiterates guidance; Declares an $8 million dividend for the second quarter of 2024 AZOUR, Israel, Aug. 19, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the second quarter 2024. Highlights of the Second Quarter of 2024 Number of subscribers reached 2,329,000, adding a net 38,000... Read more
Quarterly net revenues were RMB458.9 million (US$63.1 million)1 Quarterly lidar shipments were 86,526 units SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended June 30, 2024.... Read more
TAIPEI, Taiwan, Aug. 15, 2024 /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 second quarter ended June 30, 2024. Second Quarter 2024 Summary Successfully closed two private placements: Gold Sino Assets Limited... Read more
This collaboration drives innovation in motorsports through real-time cloud-based telemetry data, enhancing performance, efficiency, and race strategy AZOUR, Israel, Aug. 14, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN), a global leader in vehicle telematics and location-based services, is proud to announce a partnership with Microsoft and Porsche, bringing cutting-edge... Read more
Record quarterly revenue of C$5.3 million with C$6.7 million at quarter end in completed units Exceeded targeted bill of material costs and savings of 5%, recognizing over 10% Recognized cumulative annual business cost-savings of US$7.5 million and on track to deliver 2024 target of US$10 million Awarded ETL certification for the Exro Cell Driver® stationary battery energy storage system Subsequent... Read more
QUEBEC CITY, Canada, Aug. 14, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is pleased to announce financial results for its fiscal third quarter 2024,... Read more
DENVER / Aug 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 second quarter ended June 30, 2024. Business Highlights Reported 2Q revenues of $22.5 million, net loss attributable to stockholders of $8.6 million... Read more
Q2 Sequential Revenue Growth of 32% with New Products and Technologies Substantial Preorders of Next Generation Group 27 & GC2 Batteries and Modular Design Edge™ Battery New Retail E-Commerce Partnership with Tractor Supply Company Closed $10 Million Underwritten Public Offering to Advance Commercialization of Home Energy Storage Solutions and Pursue Key Growth Initiatives REDMOND,... Read more
Progression of integration of Coil Driver™ technology into Exro's proprietary EV propulsion system Coil Driver™ integration for innovative Class 5 platform commercial vehicle Flexibility in packaging enables shorter wheelbase design offering improved total cost of ownership CALGARY, AB, Aug. 13, 2024 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a... Read more
Silicon Anode Technology Advancement with Extended Capacity Performance & Sustained Low-Cost Advantage Record-High Battery Performance Metric that Meets or Exceeds Industry Standards and Similar Commercial Products Two-Way Coating Enhancement: Simple, Feasible, and Low-Cost Planned Release of New Silicon-Carbon (Si-C) Anode Product Due to High Working Party & Industry Demand Recycled... Read more
Revenue of $27 million, GAAP gross margin of 34%, and non-GAAP gross margin of 40% Repaid all outstanding balance under revolving credit line, strengthening balance sheet On-track to deliver on long-term financial framework and reach profitability SAN FRANCISCO / Aug 13, 2024 / Business Wire / Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading global provider of high-performance... Read more
Continued gross margin growth, Revenue of $10.3 million, Adjusted EBITDA1 of $0.6 million. Progress in meeting strategic financing objectives including refinancing existing working capital facilities and in negotiations with a US federal agency with regards to financing planned Jamestown, New York lithium-ion battery manufacturing facility TORONTO, ON / ACCESSWIRE / August 13, 2024 / Electrovaya... Read more
Strategic agreement with premier North American partner for commercial businesses with repeatable footprints Agreement includes binding purchase order for 10 Cell Driver™ pilot units for deployment in key energy markets with focus on California and New England Binding purchase order follows directly after Cell Driver™ awarded ETL certification to UL standard 9540 in June Partnership presents... Read more
DALIAN, China, Aug. 9, 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 second quarter and the first half of 2024 ended June 30, 2024. First Half of 2024 Financial Highlights Net revenues from sales... Read more
SHANGHAI, Aug. 08, 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 June 30, 2024. “We delivered another quarter of robust growth, building on our strong start to the year,” commented ECARX Chairman and CEO, Ziyu Shen. “As the automotive industry... Read more
Delivers enhanced operational reliability and extended service life to more than 750K life stress cycles, even in demanding conditions CHICAGO / Aug 07, 2024 / Business Wire / Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced the release of the SRP1 Solid-State Relays (SSRs) family (https://www... Read more
AUSTIN, Texas, Aug. 7, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces the Company is collaborating with a third global automaker. This global automaker is working closely and... Read more
REDMOND, WA / ACCESSWIRE / August 7, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its second quarter 2024 results. Key Business Highlights for Q2 2024 Building momentum toward full year guidance with Q2 revenue from industrial customers. Actively engaging with top-tier global automotive OEMs, with seven... Read more
The Indoor Lab will begin installations of InnovizTwo at some of the fastest growing airports in the US, including Denver International Airport, Tampa International Airport, and Nashville International Airport TEL AVIV, Israel, Aug. 6, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a world leader and Tier 1 supplier of high-performance... Read more
COPYRIGHT ©2022 GREEN STOCK NEWS