Project to Double Micro Bird’s Production Capacity and Create More Than 350 New U.S. Jobs MACON, Ga. / Nov 27, 2024 / Business Wire / Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, lauds the U.S. expansion of Micro Bird’s manufacturing operations to build small and midsize buses in New York State. Micro Bird, a 50/50 joint venture of Blue Bird Corporation and... Read more
The founders of Software République include Dassault Systèmes, Eviden, JC Decaux, Orange, Renault Group, STMicroelectronics and Thales. Software République is engaged in a road safety and mobility project in the metropolitan area of Bordeaux, France in collaboration with Allianz IARD, a leading global insurance company, Bordeaux University, Bordeaux INP, a scientific institution and Keolis Bordeaux Métropole... Read more
Pony.ai is a global leader in the large-scale commercialization of autonomous mobility NEW YORK / Nov 27, 2024 / Business Wire / NASDAQ MarketSite – Pony.ai, a global leader in autonomous driving technology, today listed on the Nasdaq Global Select Market (NASDAQ: PONY) and celebrated its initial public offering by ringing the Nasdaq opening bell. The IPO marks a significant milestone in Pony.ai’s journey toward... Read more
Unaudited FY2024 Revenue Estimate of approximately $45 million with a Gross Margin of 31% Expects FY 2024 Year Operating Profit and Improved Adjusted EBITDA Expects FY2025 Revenues to Exceed $60 million Driven by Renewed Demand from the Company's Largest End Users US EXIM Bank's recently approved Direct Loan of $51 expected to begin disbursements during CY Q1 2025 TORONTO, ON / ACCESSWIRE / November 27,... Read more
Emerald is a leading commercial vehicle manufacturer and seller of refrigerated trucks and vans The refrigerated Class 3 EV box truck opens new rapidly expanding categories for home delivery, frozen food, grocery and beverage transportation BREA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer,... Read more
Next-generation satellite equipped with advanced sensor suite and AI-driven data capabilities to deliver critical insights from orbit and expand Sidus Space’s on-orbit presence. CAPE CANAVERAL, Fla. / Nov 26, 2024 / Business Wire / Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, announced the successful completion of the launch processing of LizzieSat™-2 at the... Read more
QUEBEC CITY, Canada, Nov. 26, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (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 proud to announce that the International Organization for Standardization (ISO) and the International... Read more
SINGAPORE, Nov. 26, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the third quarter ending September 30, 2024. VinFast reported strong third-quarter results, delivering 21,912 vehicles, a 115% year-over-year... Read more
Sales Backlog Increased by 235% Year-Over-Year to Record $8.7 Million Three Months Revenue Increased by 50% Year-Over-Year to Record $1.4 Million Delivered A Record 615 Charging Ports, An Increase by 116% Year-Over-Year Vancouver, British Columbia--(Newsfile Corp. - November 26, 2024) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading,... Read more
OSCEOLA, AR / ACCESSWIRE / November 26, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced it expects to access $25 million in funding from Yorkville Advisors Global LP ("Yorkville"). Phil Oldridge, CEO of Envirotech, emphasized the benefit the funds are expected to deliver to the technology company: "Access to $25 million in funding allows Envirotech to rapidly scale up manufacturing at our Osceola,... Read more
LONG BEACH, Calif. / Nov 25, 2024 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, has finalized a $23.9 million award from the U.S. Department of Commerce to increase its compound semiconductor manufacturing capability and capacity at the Company’s Albuquerque, New Mexico facility. The semiconductors produced by Rocket Lab... Read more
Two missions launched in less than 24 hours from two pads in two different hemispheres, setting a new company record for fastest launch turnaround. MAHIA, New Zealand / Nov 25, 2024 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today successfully launched its 56th Electron mission, deploying five satellites to Low... Read more
The Earth Observation Intelligence provider will leverage Spire’s reflectometry data to provide daily soil moisture insights to governments, commercial organizations, farmers and more PERTH, Australia / Nov 25, 2024 / Business Wire / Spire Global (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics, and space services, was selected by LatConnect60, a data and analytics... Read more
Industry-Leading Features Tailored to Meet the Increasing Demand for Eco-Friendly, Versatile Solutions for Recreation and Work GARLAND, Texas, Nov. 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of its new MVR Series electric carts, featuring the MVR 2X Golf Cart and the MVR Cargo... Read more
Net Sales of $1.35B, up 19% and GAAP Net Income of $106M, up $82M Record Adj. EBITDA of $183M, up $95M with 9,000 Buses Sold FY2025 Adj. EBITDA Guidance Raised to $200M or 14% of Revenue MACON, Ga. / Nov 25, 2024 / Business Wire / Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2024 fourth quarter and full year... Read more
Quarterly net revenues were RMB539.4 million (US$76.9 million)1 Quarterly lidar shipments were 134,208 units SHANGHAI, Nov. 25, 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 September 30, 2024. Operational... Read more
IRVINE, Calif. / Nov 25, 2024 / Business Wire / American all-electric automaker Rivian Automotive (NASDAQ: RIVN) today announced it has received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and... Read more
Vertical Aerospace secures agreement under which Mudrick Capital will commit up to $50 million in the next equity round, promoting financial stability. Transaction is expected to add approximately $180 million to Vertical’s balance sheet, including through the conversion of approximately $130 million of debt into equity, significantly reducing Vertical’s debt. The conversion price of the remaining convertible... Read more
100 Sets of Fuji Vehicle Body Materials Shipped to FF ieFactory in Hanford, California. First Two FX Prototype Mules Ready for Shipment to Los Angeles. LOS ANGELES / Nov 24, 2024 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced it will receive a new... Read more
LOS ANGELES, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leader in the electrification of fleets, is excited to announce a purchase order from Crown Linen Service, Inc., a leading provider of linen and uniform rental services. Crown Linen has ordered two fully electric 22' stepvans, reflecting its commitment to sustainability and reducing its environmental impact. “We are thrilled to partner with... Read more
CINCINNATI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in... Read more
Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced last week its four-phase Transformation Plan and a $50 million term loan that positions the Company to achieve profitability in its airline operations. Today, the Company is announcing that it has posted details about its Transformation Plan and a new investor presentation on the Events &... Read more
HOUSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced it has entered into a Cooperation Agreement with the Johns Hopkins University Applied Physics Laboratory (“APL”) to advance safe, secure, and reliable lunar communications and navigation infrastructure in... Read more
BARCELONA, Spain / Nov 21, 2024 / Business Wire / Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging solutions, today announced that its Supernova DC fast charger was successfully certified for conformity according to Germany's Eichrecht regulation. Receiving the Eichrecht certification marks a significant step towards Wallbox’s expansion into DC fast charging in one of Europe’s largest EV... Read more
Sets a New Standard in the Industry for Comfort, Functionality, and Affordability in the Six-Seater UTV market GARLAND, Texas, Nov. 21, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of its latest 2025 UTV model, the Buck 550-6 Crew, specifically designed to meet the needs of families and... Read more
Electrovaya's High Voltage Battery Systems demonstrated strong reliability and performance in mission critical off-road defense application over several months of extensive testing TORONTO, ON / ACCESSWIRE / November 21, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA) a leading lithium-ion battery technology and manufacturing company, is pleased to announce follow-on order for... Read more
Anticipated start of production to begin in mid-2025 To date, Mullen has installed three battery lines at its Fullerton facility and planned for an additional two lines High volume standard battery chemistry line High precision, low volume standard chemistry R&D line A high precision, low volume solid-state polymer R&D line An additional high volume standard chemistry battery line is anticipated to... Read more
Partnership highlights commitment to expanding satellite services and strengthening transatlantic space infrastructure solutions. CAPE CANAVERAL, Fla. & BERLIN / Nov 21, 2024 / Business Wire / Sidus Space (NASDAQ: SIDU), (the “Company” or “Sidus”), an innovative space mission enabler, today announced a strategic partnership with Reflex Aerospace, a cutting-edge European satellite manufacturing startup. This... Read more
DENVER, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the premier members-only luxury vacation club, announced a strategic partnership with BLADE Urban Air Mobility (“BLADE”), a pioneering leader in short-distance aviation. This collaboration provides Inspirato members with access to BLADE’s helicopter services, bringing them closer to Inspirato’s luxury... Read more
Continued strong profitability and reiterates guidance; Declares an $8 million dividend for the third quarter of 2024 AZOUR, Israel, Nov. 21, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the third quarter 2024. Highlights of the third quarter of 2024 Number of subscribers reached 2,369,000, adding a net 40,000 in the third... Read more
Highlights key progress in four priority areas Reflects on-going commitment to achieving UN SDGs and Challenge 2050 PLANO, Texas, Nov. 21, 2024 /PRNewswire/ -- Toyota Motor North America announced the publication of its 2024 North American Environmental Sustainability Report (the "Report"), an annual report highlighting company initiatives across the United States, Canada, and Mexico. "Building on... Read more
SAN FRANCISCO / Nov 20, 2024 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced a new contract with Global Fishing Watch, an international nonprofit dedicated to advancing ocean governance through increased transparency of human activity at sea. The 6-figure deal is an expansion of the organization’s ongoing agreement with Planet, and will allow... Read more
Partnership aims to improve recycling solutions for EVSE supply chain waste KYLE, Texas, Nov. 20, 2024 /PRNewswire/ -- XCharge North America (XCharge NA), a provider of DC fast charging and battery-integrated electric vehicle (EV) solutions, today announces its partnership with Grensol Group (Grensol). The collaboration aims to advance sustainable, electrified travel by addressing the pressing challenge... Read more
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), the leading global commercial-stage company developing autonomous driving technologies from Level 2 to Level 4, announced that its Robosweeper S6 and Robosweeper S1 have officially commenced operations at Marina Coastal Drive and Esplanade in Singapore, respectively. This milestone represents Singapore's first commercialized autonomous sanitation... Read more
Company announces commercial Class 1 EV cargo vans purchased and delivered to two leading California universities in Los Angeles and Berkeley This order follows other college campus orders from Princeton University, University of Virginia (UVA) and University of North Carolina (UNC) Mullen’s commercial EV lineup aligns with the overall sustainability targets of universities including reducing both direct... Read more
MONTREAL, QC / ACCESSWIRE / November 20, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida. Vision... Read more
Quarterly Total Revenues reached RMB18,673.5 million (US$2,661.0 million)i Quarterly Vehicle Deliveries were 61,855 units SHANGHAI, Nov. 20, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the third quarter ended September 30,... Read more
BEIJING, Nov. 20, 2024 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NaaS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Highlights for the Third Quarter of 2024: Accomplished significant net profit milestone in the third quarter of 2024. Non-IFRS net profit[1] in the... Read more
NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Fly-E Group, Inc. (Nasdaq: FLYE) ("Fly-E" or the "Company"), an electric vehicle company engaged in designing, installing and selling smart electric motorcycles, electric bikes, electric scooters, and related accessories, today announced its unaudited financial results for the second quarter and first half of fiscal year 2025 ended September 30, 2024. Selected Second Quarter... Read more
Hillcrest Energy Technologies, (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), a leader in high-efficiency power conversion technologies, and Ocean Batteries AS, a pioneer in marine electrification and energy storage, are in discussions to expand of their June 2024 joint development agreement. This move comes in response to growing demand from Ocean Batteries' customers for innovative... Read more
MARKHAM, Ontario / Nov 19, 2024 / Business Wire / VinFast Auto has officially commenced delivery of its flagship VF 9 all-electric, 7-passenger, 3-row dual motor all-wheel drive SUV to Canadian customers. This launch reinforces VinFast’s commitment to establishing a foothold in one of the world’s most competitive automotive markets while offering eco-conscious consumers premium choices in the fill size SUV segment,... Read more
Next phase of partnership to bring fast charging to as many as 60 Meijer properties across six states LOS ANGELES / Nov 19, 2024 / Business Wire / EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced an expansion to its longstanding partnership with Meijer, a Midwest grocery retailer, to bring more public fast... Read more
XPENG will launch in the UK in early 2025 with the introduction of the advanced G6 mid-size SUV, offering British consumers high-performance, sustainable mobility International Motors Ltd (IML) official XPENG distributor for the UK IML will establish a broad network to provide sales and after sales services to UK customers The UK is a priority... Read more
New Relationships Projected to Add Significant Incremental Revenue for Q4 2024 and an Estimated $5.0 Million in Incremental Revenue for Fiscal Year 2025 REDMOND, Ore., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced significant growth within its OEM and distribution network.... Read more
Bowie, Md., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, has announced its relationship with Tower Management Service L.P. (“Tower”). This collaboration is well underway and includes the completed installation of 53 state-of-the-art EV... Read more
LOS ANGELES / Nov 19, 2024 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its first FX prototype mules have arrived at the Company’s China headquarters. The prototype mules’ delivery/shipping route will take it from Beijing to Los Angeles. The... Read more
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it has been added to the GSA Schedule by being awarded a General Services Administration (GSA) Government Fleet Contract through its dealer, Colonial Fleet Electrification. This... Read more
Ness Ziona, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced that its stereoscopic 3D perception systems would likely comply with the strategic initiative of the impending Trump administration’s recent publicly stated commitment to establish a federal framework for fully... Read more
Quarterly total revenues were RMB10.10 billion, a 24.5% increase quarter-over-quarter Quarterly gross margin was 15.3%, reaching a historical high, an increase of 18.0 percentage points over the same period of 2023 GUANGZHOU, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced... Read more
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024. Management Commentary “We continue to make steady progress on several fronts here at Workhorse,” said Company CEO... Read more
Sure, you can caravan with your friends across the Bay Bridge....but imagine doing it with your hands off the steering wheel. SAN FRANCISCO, Nov. 18, 2024 /PRNewswire/ -- General Motors made history recently, driving all 20 of our Super Cruise-enabled models in a record-breaking hands-free caravan across the Bay Bridge linking San Francisco and Oakland, the largest of its kind in history. GM... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), a leading innovator in advanced clean energy technologies, is actively engaging investors and customers in Europe and North America this week as part of its continued commercial drive. Hillcrest CEO, Don Currie, will be in Sweden as part of an investor roadshow organized in collaboration with the Scandinavian... Read more
The system will be deployed as part of the initial rollout on the fleet of one of its leading U.S customers, with implementation starting by the end of 2024 Ra’anana, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced an innovative advancement in railway... Read more
Tembo Tusker is only the 2nd full electric utility vehicle pick up truck to receive full on road homologation VTA regulatory approval in Australia Tuskers can now be driven on road and off road in all states and territories across Australia VTA regulatory approval provides platform for Tembo to accelerate sales and deliveries of Tuskers to customers across all of Australia LONDON, Nov. 18, 2024 (GLOBE... Read more
SHANGHAI, Nov. 18, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), a global mobility tech provider, today announced that, on November 14, 2024, it entered into a components procurement and R&D services agreement with Geely Automobile Holdings Limited (HKEX: 0175) (“Geely Auto”), Zhejiang HUANFU and Hangzhou Langge (the “Components Procurement and R&D Services Agreement”), pursuant to... Read more
JUSTIN, Texas and LONDON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced a new service, maintenance, and repair (SMR) agreement with Northside Truck & Van Ltd. (“Northside”), a premier automotive service provider in the United Kingdom. With a current aftersales portfolio of over 280 garages in the country, Northside will provide support and... Read more
MONTREAL, QC / ACCESSWIRE / November 18, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a... Read more
Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000 When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $59,000 BREA, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle... Read more
Expanded Massimo Lineup of UTVs, ATVs, Go-Karts, Golf Carts and Mini Bikes to be Available Online at Rural King's Website and in Select Stores Throughout 2025 GARLAND, Texas, Nov. 18, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the expansion of its successful retail partnership with Rural King, a... Read more
Record-High Quarterly Revenues, Up 347.8% YoY Achieved Quarterly Adjusted Operating Income2 (non-GAAP) and the Second Consecutive Quarter of Adjusted Net Income3 (non-GAAP) Maintained Positive Operating Cash Flow for the Fourth Consecutive Quarter Over US$22 Million Strategic PIPE Investment to Further Strengthen Liquidity Significant eVTOL Sales and Operational Progress in Pioneering Chinese Cities New... Read more
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