Monday - March 31, 2025
Global President Jerry Wang helps deliver the vehicle and reaffirms the Company’s commitment to the East Coast market. FF’s entry into the East Coast market will pave the way for FX’s potential mass-produced models. FF plans to design and develop AI hybrid extended-range (AIHER) electric powertrain systems, which are highly suited to both New York and the broader East Coast region. NEW YORK / Mar 30, 2025 /... Read more
GUANGZHOU, China, March 30, 2025 (GLOBE NEWSWIRE) -- EHang (Nasdaq: EH), the world’s leading Urban Air Mobility (UAM) technology platform company, announced that its wholly-owned subsidiary, Guangdong EHang General Aviation Co., Ltd. (“EHang General Aviation”), and its joint venture company in Hefei, Hefei HeYi Aviation Co., Ltd. (“HeYi Aviation”), have been granted the first batch of Air Operator Certificates... Read more
SHENZHEN, China, March 28, 2025 /PRNewswire/ -- Pony.ai (NASDAQ: PONY) became the first company authorized to operate paid fully-driverless robotaxis in Shenzhen's Nanshan District on March 27, marking a milestone as the city's inaugural permit for paid autonomous ride-hailing services within its city centers. The company further solidifies its leadership by expanding commercial operations to connect Nanshan... Read more
MARKHAM, Ontario / Mar 28, 2025 / Business Wire / VinFast and other industry leaders are proving that the success of electric vehicles depends not just on technology but on building a seamless ownership ecosystem—one that eliminates range anxiety, ensures reliable service, and makes switching to EVs as effortless as possible. The move to electric vehicles is no longer solely about improving battery life or reducing... Read more
Achieved $3.3 million of net cash provided by operating activities, and our first quarter of positive Free Cash Flow of $3.3 million Achieved positive gross margins of approximately 7% and approximately 18% non-GAAP gross margins, for the full year 2024 Exceeded 25% revenue growth year-over-year from 2023 to 2024 LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the... Read more
LONG BEACH, Calif. / Mar 27, 2025 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, has today been selected by the U.S. Space Force to compete for the Department of Defense’s highest-priority national security missions for its National Security Space Launch (NSSL) Phase 3 Lane 1 program. The firm-fixed price, indefinite... Read more
Archer announced today that it has signed an agreement outlining plans to deploy an initial fleet of Midnight aircraft to Africa’s largest carrier and Star Alliance member, Ethiopian Airlines, under Archer’s “Launch Edition” program valued at up to $30M. The companies will work together to over time build an air taxi network in the region, with Archer planning to provide Ethiopian Airlines with a team of pilots,... Read more
SHENZHEN, China, March 27, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that it has received the license to provide fully driverless commercial Robotaxi services in Shenzhen’s Nanshan District. This milestone follows the successful launch of its paid robotaxi services in the... Read more
COLUMBUS, Ind. / Mar 27, 2025 / Business Wire / Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], and Isuzu Motors Limited will introduce a new battery electric powertrain for the F-series medium-duty truck at this year’s ACT Expo in Anaheim, California. Scheduled for production in 2027, the fully integrated powertrain will feature Accelera's next-generation battery, eAxle,... Read more
PARIS, March 27, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a world leader in autonomous driving technology, announced that the company, in partnership with the leading French autonomous mobility network operator beti, has obtained France’s Level-4 driverless public road testing and operating permit. This makes WeRide the first and only technology company worldwide to hold driverless permits across five... Read more
ORLANDO, Fla. / Mar 27, 2025 / Business Wire / Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced a collaboration with Caterpillar Inc. to integrate LiDAR technology into Caterpillar’s next generation autonomous solution. LiDAR, which stands for Light Detection and Ranging, is critical for navigation and obstacle detection in autonomous machines. LiDAR uses light in the form of a... Read more
This purchase order is a follow on from a November 2024 $3.5 million order Further demands for additional sites expected later in the year TORONTO, ON / ACCESS Newswire / March 27, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received purchase orders through its OEM sales channel... Read more
Subscription-based battery systems offer long-term savings and grid flexibility for load-serving entities and recurring revenue opportunities SAN DIEGO / Mar 27, 2025 / Business Wire / Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G), today announced the launch of its Battery-as-a-Service (BaaS) offering. The new subscription-based solution is designed to... Read more
OTTAWA, Ontario, March 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three and twelve-month periods ended December 31, 2024. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. “Telesat achieved a great deal in 2024 and I’m pleased... Read more
HOUSTON, March 27, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management platforms, today announced its financial results for the fourth quarter and full-year 2024. Fourth Quarter 2024 Financial Highlights: Revenue increased by 44% to $3.37 million from the same quarterly period of the prior year. Operating loss decreased... Read more
GARLAND, Texas, March 27, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo" or the "Company"), a manufacturer and distributor of powersports vehicles and pontoon boats, today released its financial results for the fourth quarter and the year ended Dec. 31, 2024, noting revenue from sales of UTVs, ATVs and electric bikes increased by $4.1 million, or 4.0%, from $103.3 million in fiscal 2023 to $107.5... Read more
Successful 2024 marked by new funding, Faraday X (FX) brand and product strategy, advances with prototype mules testing phase, Middle East expansion, and continued FF 91 2.0 deliveries. Net loss from operations in 2024 was significantly reduced vs. 2023, including a 55.3% improvement in Q4 vs the prior year quarter. The FX Super One is anticipated to be unveiled in June of 2025, and expects to start collecting... Read more
Saskatoon, SK., March 27, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its fourth quarter and fiscal 2024 financial results. Revenue for the fourth quarter was up 76% year over year. Total 2024 revenue saw a modest increase as the Company’s capacity to... Read more
From contract to launch in just four months, Rocket Lab successfully deploys eight satellites for wildfire detection mission. MAHIA, New Zealand / Mar 26, 2025 / 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 latest mission within four months of contract signing for Germany-based global... Read more
As Rivian drives toward launch of R2 and R3, company to be minority shareholder in California-based venture IRVINE, Calif. / Mar 26, 2025 / Business Wire / Rivian (NASDAQ: RIVN) today announced it has spun out its micromobility business into a new company: Also, Inc. Also will focus on small, lightweight vehicles that are designed to meet the global mobility transportation challenges of today and... Read more
SHANGHAI, March 26, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, today announced it has secured an exclusive series production partnership with Chery Automobile's new energy brand, iCAR. Under the agreement, Hesai's groundbreaking ATX Lidar will be integrated in new iCAR vehicles, with mass production scheduled to commence in the fourth quarter of 2025. Hesai's ATX... Read more
SHENZHEN, China, March 26, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that its leading enterprise AI agent platform, GPTbots.ai has recently entered into a strategic collaboration with EasyCraft. The partnership aims to deeply integrate AI-powered agents into... Read more
The March 28 delivery to Univest Securities, an investment bank based in New York City, marks the official entry in the New York Market for FF. LOS ANGELES / Mar 26, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF,” “Faraday Future,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Univest Securities,... Read more
REDMOND, WA / ACCESS Newswire / March 26, 2025 / MicroVision, Inc. (NASDAQ:MVIS), a technology pioneer delivering advanced perception solutions in autonomy and mobility, today announced its fourth quarter 2024 results. Key Business Highlights Significant momentum toward near-term revenue opportunities from multiple leading industrial companies in the autonomous mobile robot (AMR) and automated guided vehicle... Read more
Fiscal Full Year 2024 Operating Expenses Reduced by 28% YoY; Earnings Per Share Jumps to $1.03 Per Basic and Diluted Share From a Loss of $1.20 Per Basic and Diluted Share EAST WINDSOR, N.J., March 26, 2025 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for... Read more
Motherson Group and M&G Investment led the round and held their ownership stake in the company Pricing is in addition to the previously announced $27 million offering New capital further strengthens REE’s cash position ahead of planned vehicle deliveries for nearly $1 billion in reservations TEL AVIV, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”),... Read more
The new report highlights Aurora’s deep safety expertise and provides transparency into safety’s role in core self-driving systems PITTSBURGH / Mar 25, 2025 / Business Wire / Aurora Innovation (NASDAQ: AUR), the leader in autonomous trucking, released a thorough Driverless Safety Report that includes details on the company’s approach to safety engineering, cybersecurity, risk management, and more. Aurora is now in... Read more
The collaboration aims to enhance safety and driving comfort in Volkswagen’s upcoming MQB-based vehicle portfolio. By reducing complexity and streamlining procurement, it integrates high-quality hardware and software, supporting Volkswagen Group’s transformation. WOLFSBURG, Germany & JERUSALEM & PARIS / Mar 25, 2025 / Business Wire / Volkswagen Group is working with Valeo and Mobileye to upgrade the... Read more
SHENZHEN, China, March 25, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that its subsidiary EngageLab, a leading multi-channel engagement solution provider, has upgraded its Marketing Automation (MA) functions with AI-powered capabilities, further empowering... Read more
SAN DIEGO, March 25, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its strategic partnership with Solvana, a subsidiary of Greentech LLC, to expand Beam Global’s presence in the Middle East and North Africa (MENA) region. This partnership supports the... Read more
JACKSONVILLE, Fla. / Mar 25, 2025 / Business Wire / Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next-generation space economy, has been awarded a NASA contract to launch four additional pharmaceutical drug investigations to the International Space Station using the company’s innovative Pharmaceutical In-space Laboratory (PIL-BOX). The NASA-funded investigations aim to manufacture... Read more
OTTAWA, Ontario and DHAKA, Bangladesh, March 25, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and ADN Telecom Limited (DSE & CSE: ADNTEL), a leading telecommunications company, providing the latest digital communications and satellite services in Bangladesh, signed and jointly announced today a multi-year partnership to deliver... Read more
GridLink will help enhance EV charging and energy management across British Columbia and Ontario VANCOUVER, British Columbia / Mar 25, 2025 / Business Wire / XCharge North America (“XCharge NA”), a provider of high-power EV charging and battery-integrated solutions designed to strengthen the North American electrical grid, announced a strategic partnership with Hypercharge Networks Corp. (OTC: HCNWF; TSXV: HC; FSE:... Read more
CINCINNATI, March 25, 2025 (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 integration of Geotab’s advanced telematics technology into its Workhorse W56 step van. This offering combines active data monitoring in the W56 with Geotab solutions to... Read more
CAPE CANAVERAL, Fla. / Mar 25, 2025 / Business Wire / Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced it has been awarded a new purchase order with a leading research and development organization in Asia. This agreement marks Sidus' entry into the region and showcases its cutting-edge space-based AI and edge computing capabilities through its Orlaith™... Read more
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in the large-scale commercialization of autonomous mobility, today announced its unaudited financial results for the quarter and full year ended December 31, 2024. Dr. James Peng, Co-founder and Chief Executive Officer of Pony.ai, commented, “2024 marked a milestone year for Pony.ai as we... Read more
SAN FRANCISCO / Mar 24, 2025 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced that they have signed a new contract with the European Space Agency on behalf of the Hellenic Ministry of Digital Governance to support the Greek National SmallSat Programme, funded by the Recovery and Resilience Fund (RRF) Greece 2.0. Using Planet’s... Read more
High performance of ADS-TEC Energy's PowerBooster confirmed - Elicom successfully commissions test systems in Sweden. Elicom places follow-up order of eight PowerBoosters, strengthening its collaboration with ADS-TEC Energy. ADS-TEC Energy offers long-standing expertise and a broad portfolio of high-performance battery storage systems of up to 5MWh NÜRTINGEN, Germany / Mar 24, 2025 / Business Wire / ADS-TEC... Read more
HOUSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space technology, infrastructure, and services company, today announced its financial results for the fourth quarter and full-year ended December 31, 2024. Intuitive Machines CEO Steve Altemus said, “Just two years ago, we became a public company with a bold vision for the... Read more
NESS ZIONA, Israel, March 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd., (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, today reported financial results for the fourth quarter and full year ended December 31, 2024. Foresight had revenues of $436,000 for the year ended December 31, 2024 and ended the year 2024 with $7.2 million in cash, cash... Read more
This round of financing is expected to bring the Company’s total fundraising to over $100 million since September 2024. LOS ANGELES / Mar 24, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company today announced that it has secured $41 million in new cash financing... Read more
Move will help accelerate FF and FX business strategy execution through organizational transformation. LOS ANGELES / Mar 24, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Jerry Wang as President of FF. He will report... Read more
SAN FRANCISCO / Mar 21, 2025 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced it was selected as the primary subcontractor for the California Air Resource Board’s (CARB) Satellite Data Purchase Program (SDPP). The $95M SDPP multi-year contract was awarded to Carbon Mapper with Planet as a subcontractor to provide the state of California... Read more
JACKSONVILLE, Fla. / Mar 21, 2025 / Business Wire / Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy today announced that it has received all regulatory approvals required to complete its previously announced acquisition of Edge Autonomy. These approvals include the completion of the antitrust review under the Hart-Scott-Rodino Act in the United States, as well... Read more
SHANGHAI, March 21, 2025 (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 fourth quarter and full year ended December 31, 2024. Operating Highlights for the Fourth Quarter and Full Year of 2024 Vehicle deliveries were 72,689 in the fourth... Read more
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that the first four Type D all-electric, purpose-built,... Read more
SAN FRANCISCO / Mar 20, 2025 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today released first light images from its Pelican-2 satellite of the Port of Laem Chabang in Eastern Thailand, the primary deep sea port in Thailand. They were taken on March 12, 2025, from an altitude of around 506 km. Pelican-2 launched on SpaceX’s Transporter-12 Rideshare mission... Read more
The arrival demonstrates the Company’s commitment to the mass market AIEV segment and progress of the Faraday (FX) strategy in the U.S. LOS ANGELES / Mar 20, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its first two FX 6 camouflaged... Read more
ANAHEIM, CA / ACCESS Newswire / March 20, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that its wholly-owned subsidiary, EdisonFuture International Co., Ltd. ("EdisonFuture International"), has entered into a strategic cooperation agreement with Beijing Guorun Venture Capital Co., Ltd.... Read more
HANGZHOU, China, March 20, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Operating Highlights for the Fourth Quarter and Full Year of 2024 Total vehicle deliveries were 79,250 units for... Read more
Delivers Record Revenue, Record GAAP and Non-GAAP Gross Margin Increased RPOs to $407.5 Million, +179%, and Backlog to $498.5 Million, +115% Quarter-over-Quarter Signed $230 Million Commercial Agreement with SKY Perfect JSAT for Pelican Satellites Selected for Luno B IDIQ by the US National Geospatial-Intelligence Agency Achieves First Light with Pelican-2 High Resolution Satellite SAN FRANCISCO / Mar 20,... Read more
Q4 Revenue Up 45% QoQ, Exceeding Forecasts; Gross Margin & OpEx Improvements Secured New Contract with Industrial OEM & Luminar Halo Development Contract for Leading Auto OEM ORLANDO, Fla. / Mar 20, 2025 / Business Wire / Today, Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the fourth quarter and full year of... Read more
Tampa, Florida, March 20, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc, (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is proud to announce that Christopher C. Miller, former Acting U.S. Secretary of Defense under President Donald Trump, has joined the Company’s Board of Directors. Miller, a seasoned national security... Read more
ANAHEIM, CA / ACCESS Newswire / March 19, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a groundbreaking initiative to develop autonomous robots designed for package pickup and last-mile delivery. This new program builds upon the company's recently announced autonomous food and beverage... Read more
Leading EV charging solutions provider demonstrates commitment to accuracy and reliability in largest US electric vehicle market BARCELONA, Spain / Mar 19, 2025 / Business Wire / Wallbox (NYSE: WBX), a global leader in electric vehicle (EV) charging and energy management solutions, today announced that its Supernova DC fast charger has successfully... Read more
Workhorse to begin deliveries of its new 208-inch extended wheelbase W56 step vans to a national provider of uniforms and workplace supplies Revolv and Kingsburg Truck Center are facilitating the acquisition, upfitting, and deployment of the all-electric step vans CINCINNATI, March 19, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company... Read more
SAN DIEGO, March 19, 2025 (GLOBE NEWSWIRE) -- Beam Global (NASDAQ: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that together with Zero Motorcycles, the global leader in electric motorcycles, it will demonstrate the BeamPatrol™ and Zero... Read more
Fourth Quarter Revenue of $28.05 Million Rose 5% Compared with Revenue of $26.8 Million in the Prior Year, Exceeding Expectations of $25 - $28 Million Fourth Quarter Adjusted EBITDA Loss of $6.9 Million Improved by $11.5 Million, or 63%, Versus the Prior Year, Within the Guidance Range of $5 - $8 Million Full Year Revenue of $119.4 Million Rose 6% Compared with Pro Forma Revenue of $112.9 Million in the Prior... Read more
SAN JOSE, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- GTC -- General Motors and NVIDIA today announced they are collaborating on next-generation vehicles, factories and robots using AI, simulation and accelerated computing. The companies will work together to build custom AI systems using NVIDIA accelerated compute platforms, including NVIDIA... Read more
Enriched with proprietary satellite data, Spire’s AI-driven models deliver medium-range and sub-seasonal forecasts out to 45 days Accelerated by NVIDIA GPUs, Spire’s AI models run 1,000 times faster than traditional physics-based models, enabling large ensemble forecasts that capture the full range of possible weather outcomes VIENNA, Va. / Mar 18,... Read more
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