11,900 cars delivered in Q3 2024 and 32,300 year-to-end September First markets to implement active sales model showing solid order intake Business and strategy update, including select Q3 financial and operational highlights, to take place on 16 January 2025 GOTHENBURG, Sweden / Oct 11, 2024 / Business Wire / Polestar (Nasdaq: PSNY) delivered approximately 11,900 cars in the third quarter, taking total... Read more
Faster Bidirectional Battery-Integrated Charger Enables Grid Stability, High Performance and Cost Efficiency KYLE, Texas, Oct. 10, 2024 /PRNewswire/ -- XCharge North America, a provider of DC fast charging and battery-integrated electric vehicle (EV) solutions, announces the launch of GridLink, a charging station designed to address the needs of the... Read more
Co-development will improve customer experience, enhance charger reliability, and drive cost efficiencies with advanced firmware and hardware design LOS ANGELES / Oct 10, 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), announced today that it has entered into a new memorandum of understanding (MOU)... Read more
CAMPBELL, Calif. / Oct 10, 2024 / Business Wire / ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced that drivers who purchase a ChargePoint Home Flex residential charger in the United States will be able to include a simple, affordable, and straightforward home installation with their purchase. The new service provides a frictionless “one stop... Read more
TORONTO / Oct 10, 2024 / Business Wire / An exciting new satellite project to monitor and protect the Earth’s orbital environment is underway. University of Manitoba (UM) and Magellan Aerospace (Magellan), in collaboration with Canada’s Department of National Defence (DND) science and technology organization, Defence Research and Development Canada (DRDC), and the United Kingdom’s Defence Science and Technology... Read more
Southern California-based dealership expands to include industry-leading Class 8 Nikola zero-emission trucks with the creation of their "NGT" division FONTANA, Calif., Oct. 10, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, has expanded in the southern Calif. market with... Read more
LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric commercial vehicles, today announced the launch of the 2025 Xos SV Stepvan, featuring two new wheelbase options: 158" and 208". These additions complement the existing 178" wheelbase, offering fleet operators enhanced flexibility to meet their specific operational needs. The introduction of the 158" and... Read more
BEIJING, Oct. 10, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, today announced a strategic emphasis on its interconnectivity charging business, leveraging AI technology and industry partnerships to accelerate ecosystem development on both the supply and demand sides of China's rapidly growing electric vehicle ("EV")... Read more
Fully Enclosed Cabin Provides All-Weather Protection for Work and Play GARLAND, Texas, Oct. 10, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of a new T-Boss UTV series with Cab Enclosure, the best equipped and most value-packed UTVs in their class. The Massimo Motor T-Boss Series of UTVs... Read more
LONDON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced it has entered into a turnkey engineering, procurement and construction (EPC) agreement with AIH Group to deliver its low-cost manufacturing reference site in the Bangkok... Read more
SAN DIEGO / Oct 10, 2024 / Business Wire / Nuvve (Nasdaq: NVVE), a global pioneer in Vehicle-to-Grid (V2G) technology, today announced its participation in the EVVE (Environmental Valorization of Virtual Energy storage) project alongside key partners, aiming to speed up the rollout of bidirectional charging stations for electric vehicles across Europe. Nuvve joins the consortium to bring its V2G expertise and offer... Read more
SAN JOSE, Calif. / Oct 09, 2024 / Business Wire / Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a provider of satellite buses and in-space infrastructure services including in-space transportation, hosted payloads, and other in-orbit services, was selected by NASA to provide launch services for future agency missions through its VADR (Venture-Class Acquisition of Dedicated and Rideshare)... Read more
GRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / October 9, 2024 / SRIVARU Holding Limited (NASDAQ:SVMH) (NASDAQ:SVMHW) ("SRIVARU" or the "Company"), a manufacturer of premium electric motorcycles, announced today that it has successfully obtained certification from India's Central Motor Vehicles Rules (CMVR) agency for PRANA 2.0 models, which include the PRANA Grand and PRANA Elite. This regulatory approval marks a... Read more
Partnership Enables Satellite Coverage Across Europe, Facilitating Personal Connectivity and Addressing the Digital Divide in Remote and Off-Grid Regions DUBLIN and COIMBRA, Portugal, Oct. 8, 2024 /PRNewswire/ -- EchoStar Mobile, a leader in satellite communications, and Connected, a startup dedicated to delivering universal, cost-effective narrowband connectivity from space, have announced a strategic... Read more
Aeva’s 4D LiDAR Technology with Instant Velocity Data to be Used as “Gold Standard” to Validate Next-generation Vehicle Automation Systems MOUNTAIN VIEW, Calif. / Oct 08, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that a major European passenger vehicle OEM, together with a simulation and validation technology leader, will use Aeva’s 4D... Read more
The study proposes using Rocket Lab’s vertically integrated technologies to retrieve samples from the Red Planet for the first time in history as part of NASA’s Mars Sample Return Program. LONG BEACH, Calif. / Oct 07, 2024 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced the Company has been selected by... Read more
NEWARK, Calif., Oct. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.1 Lucid will host a conference call to discuss... Read more
SAN FRANCISCO / Oct 07, 2024 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced that they have signed a contract with American Crystal Sugar Company, through Planet partner SatAgro, a precision agriculture company. Leveraging Planet satellite data, American Crystal Sugar is informing their advanced sugar beet monitoring work in the northern United... Read more
IRVINE, Calif. / Oct 04, 2024 / Business Wire / Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending September 30, 2024. The company produced 13,157 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,018 vehicles during the same period. Rivian is experiencing a production disruption due to a shortage of a shared component on the R1 and... Read more
BEIJING, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provides its sales volume results for the third quarter of 2024. 3Q 2024 3Q 2023 YTD 2024 YTD 2023 China... Read more
SAN FRANCISCO & AUSTIN, Texas / Oct 03, 2024 / Business Wire / Uber Technologies, Inc. (NYSE: UBER) and Avride today announced a multiyear strategic partnership to bring Avride’s delivery robots and autonomous vehicles to Uber and Uber Eats. The delivery partnership will launch first with sidewalk robots on Uber Eats in Austin in the coming weeks, before expanding to Dallas and Jersey City, New Jersey, later... Read more
LARBERT, United Kingdom, Oct. 03, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis), today announced that Go-Ahead Group subsidiary Go-Ahead London has ordered 32 Enviro100EV small electric buses in the second deal... Read more
Access to low-cost financing is expected to support construction of approximately 7,500 new DC fast charging stalls in community locations LOS ANGELES / Oct 03, 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), announced today that it has received a conditional commitment for a loan guarantee of up to... Read more
New Lucid Air Tourings Now Available for Car Share Opportunities Los Angeles, CA, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Envoy Technologies Inc. (“Envoy”), a Blink Charging Co. entity and leading provider of electric vehicle car-sharing services and community-based electric vehicles (EVs) has announced the introduction of award-winning Lucid Air EVs as part of its car share programs, starting with resident car... Read more
SAN DIEGO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, introduced the new BeamBike™ ebike charging product that is rapidly deployed, solar-powered and can charge up to 12 ebikes at a time. The dedicated ebike charging station provides a vital solution for ebike... Read more
Iconic jeepneys are the main form of public transport in the Philippines, with over 200,000 in service Jeepneys account for approximately one-third of carbon emissions in the country Established in 1953, Sarao Motors is the Philippines’ pre-eminent jeepney group Sarao Motors selected Tembo to be its exclusive partner to provide electric jeepneys Tembo will continue to be able to work with other companies to... Read more
PLEASANTON, Calif. / Oct 03, 2024 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, announced that its Apollo lidar sensor has achieved outstanding results during recent field testing where it consistently delivered high-resolution data at distances exceeding one kilometer. This breakthrough is believed to be a first within the lidar industry and demonstrates... Read more
First deliveries of Bollinger B4 electric trucks to Nacarato Truck Centers with a value of $800,000 First revenue recognized for three months ended Sept. 30, 2024, with wire transfer payment received on Sept. 30, 2024 BREA, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces... Read more
ANAHEIM, CA / ACCESSWIRE / October 3, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenues increased to a record $9.4 million, up from $1.8 million in the prior... Read more
AUSTIN, Texas / Oct 02, 2024 / Business Wire / In the third quarter, we produced approximately 470,000 vehicles, delivered approximately 463,000 vehicles and deployed 6.9 GWh of energy storage products. Production Deliveries Subject to operating lease accounting Model 3/Y 443,668 439,975 3% Other... Read more
Investment to be made in two equal tranches, with the first targeted to close later this year and the second in 2025 Funds will support certification and commercial production of Joby's electric air taxi Investment terms to include plans to establish a manufacturing alliance for the first phase of commercialization Will bring total investment from Toyota... Read more
PHOENIX, Oct. 2, 2024 /PRNewswire/ -- For Q3 2024, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, wholesaled 88 Class 8 Nikola hydrogen fuel cell electric trucks, firmly within truck sales guidance of between 80 and 100 fuel cell units for the quarter. For the first three quarters of 2024, Nikola... Read more
Collaborative Demonstration of Vehicle-to-Grid Integration by Leading EV Innovators, Utilities, and Grid Operators NEWARK, Del., Oct. 2, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in Vehicle-to-Grid (V2G) technology, showcased a major breakthrough in AC V2G solutions at an exclusive event hosted by Exelon at the Delmarva Power New Castle Regional Office. This event... Read more
For quarter ended Sept. 30, 2024, Company expects to report approximately $4.5 million in revenue compared to $65,235.00 reported in quarter ended June 30, 2024, an increase of 6791% compared to prior quarter Mullen reported a monthly cash burn (operating and investing cashflows) of $12.8 million for the quarter ended June 30, 2024, as compared to a monthly cash burn of $18.1 million for the quarter ended March... Read more
ARLINGTON, Va. / Oct 01, 2024 / Business Wire / AeroVironment (AV) flight-tested an upgraded Sunglider™, enhancing its High-Altitude Platform-Station (HAPS) capabilities for commercial and government markets. The result is Horus™ A, the new version of Sunglider for government applications. Horus A is a solar-powered UAS capable of carrying up to 150 lb of payload with 1.5 kW of available power, offering... Read more
Company Achieved New Record-High Quarterly Deliveries ONVO L60 started deliveries in late September 2024 21,181 vehicles were delivered in September 2024, increasing by 35.4% year-over-year 61,855 vehicles were delivered in the three months ended September 2024, increasing by 11.6% year-over-year Cumulative deliveries reached 598,875 as of September 30, 2024 SHANGHAI, Oct. 01, 2024 (GLOBE NEWSWIRE) -- NIO... 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 an order for 10 EV Star Passenger Vans to be delivered to Washington University in St. Louis for on-campus student... Read more
Deliveries in September 2024 set a new monthly record of 21,352 units, a 39% increase year-over-year The first month of deliveries of XPENG MONA M03 exceeded 10,000 units in September 46,533 units delivered in Q3 2024, a 16% increase year-over-year GUANGZHOU, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric... Read more
SAN FRANCISCO / Oct 01, 2024 / Business Wire / Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, today launched Project Centinela, a new program aiming to equip the world’s leading biodiversity scientists and conservation advocates with an unprecedented array of high-resolution, high-frequency satellite imagery, analytics, and Planetary Variables. As part of Planet’s mission, over the... Read more
Systems power-on paves the way for start of Lilium Jet ground testing campaign The first Lilium Jet – MSN 1 – will be used to confirm safety for first piloted flight planned for early 2025 MSN 2, the first aircraft that Lilium will fly with a pilot on board, is now in final assembly MUNICH, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in... Read more
Serve robots enable pick-up in dense urban areas, as Wing drones expand Serve delivery radius Robot-to-drone solution will enable fast, affordable restaurant delivery over 6 mile radius SAN FRANCISCO, Oct. 1, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, and Wing Aviation LLC, an on-demand drone delivery provider, today announced a... Read more
Electric step van successfully travels from Cincinnati to Orlando over three days for FedEx Forward Service Provider Summit Highlights 150+ mile range, durability in challenging weather conditions, regenerative braking, and fast-charging capabilities along the route CINCINNATI, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company... Read more
SHANGHAI, Oct. 1, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, announced today the signing of a cooperation framework with SAIC Volkswagen. The cooperation will establish a strong foundation for Hesai and SAIC Volkswagen to build a new ecosystem for the automotive industry, with Hesai's advanced lidar products and technology at the core. SAIC Volkswagen Automobile... Read more
LS-2 Environmental Testing complete in Preparation for Upcoming Launch CAPE CANAVERAL, Fla. / Oct 01, 2024 / Business Wire / Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a full stack vertically integrated satellite manufacturer and operator with diverse space services capabilities including engineering, contract manufacturing, product development and mission operations, announces the successful... Read more
Expion360 Group 27 132Ah VHC Internally Heated Lithium Battery to Come Standard in all Campers REDMOND, Ore., Oct. 01, 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 Scout Campers, a subsidiary of Adventurer Manufacturing, Inc. As part of this collaboration, Scout... Read more
Acquisition Expected to Create a $400m+ Revenue Company, Including $300m+ of Recurring SaaS Revenue, $85m EBITDA, and Significant Expansion Opportunities WOODCLIFF LAKE, N.J., Oct. 1, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) has successfully closed the previously announced acquisition of Fleet Complete, a prominent player in connected vehicle technology and fleet management. With 2.6... Read more
September electrified vehicle sales consisting of hybrids, plug-in hybrids, pure electrics and fuel cells exceeds 48 percent of total sales volume More than 710,000 electrified vehicles sold through the third quarter, representing more than 41 percent of total sales volume 30 electrified Toyota and Lexus vehicle options available at dealerships, the most among any automaker Lexus records its best-ever sales... Read more
HANGZHOU, China, Oct. 1, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a global premium electric mobility technology company, today announced its delivery results for September 2024. ZEEKR delivered 21,333 vehicles in September 2024, a 77% year-over-year increase. Year-to-date, ZEEKR has delivered 142,873 vehicles in 2024, representing 81% growth over... Read more
BEIJING, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 53,709 vehicles in September 2024, up 48.9% year over year. This brought the Company’s third-quarter deliveries to 152,831, increasing by 45.4% year over year. As of September 30, 2024, Li Auto had delivered a... Read more
Electrovaya to supply battery systems for IRT's full electric locomotives serving a variety of rail applications including industrial operations, ports, short line railroads, defense, and commuter rail TORONTO, ON / ACCESSWIRE / September 30, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced the... Read more
SAN FRANCISCO / Sep 30, 2024 / Business Wire / Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced a 12-month contract renewal with the Federal Police of Brazil for its global daily monitoring over threatened rainforests. The contract has a seven-figure value and was formalized through Planet’s partner SCCON Geospatial (SCCON). With the aid of daily satellite... Read more
SHANGHAI, Sept. 29, 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 that it has entered into definitive agreements for investment in NIO Holding Co., Ltd., a PRC subsidiary in which it holds 92.1% controlling equity interest (“NIO China”), with Hefei Jianheng New Energy... Read more
Uber apps add Spirit Halloween for on-demand delivery of holiday costumes and seasonal decor across the United States and Canada. SAN FRANCISCO, Sept. 27 2024 /PRNewswire/ -- Today, Uber Technologies (NYSE: UBER) announced a new partnership with Spirit Halloween, North America's largest Halloween retailer, to further its mission of helping consumers get anything* delivered on-demand. Halloween fans across the... Read more
Following successful POC project completion, the parties will develop and commercialize AI tele-operations solutions for heavy machinery to improve safety in hazardous industrial environments. Ness Ziona, Israel, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today the signing of... Read more
Blink’s charging solutions have empowered drivers, hosts, and fleets to transition smoothly to electric transportation, contributing to EV charging infrastructure worldwide. Bowie, Md., Sept. 27, 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, today... Read more
LONG BEACH, Calif. / Sep 26, 2024 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, has completed testing and integration of its second Pioneer spacecraft for Varda Space Industries, Inc. (“Varda”), the world's first in-space pharmaceutical processing and hypersonic Earth re-entry logistics company. Rocket Lab’s first Pioneer... Read more
Houston-based aircraft brokerage EMCJET will showcase the Lilium Jet for the very first time in the U.S. at Galaxy FBO Galaxy FBO is partnering with Lilium to ensure accessibility for the Lilium Jet at their Houston-area facilities – Houston Hobby Airport, Conroe North Houston Regional Airport, and The Woodlands Heliport Lilium is collaborating with The Greater Houston Partnership to host a discussion with... Read more
The ADAS System Will Integrate Camera and Radar Fusion, Delivering the Same Level of Quality and Functionality as LiDAR-based Systems for the Chinese Automaker TEL AVIV, Israel, Sept. 26, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE), a global leader in Perception Radar Solutions, today announced that its Tier 1 HiRain Technologies, is accelerating the development of an ADAS system... Read more
BEIJING, Sept. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced a strategic partnership with IM Motors, an electric vehicle joint venture among Alibaba, SAIC Motor, and Zhangjiang Hi-Tech, focused on the design and manufacture of high-end intelligent electric vehicles. This collaboration significantly... Read more
Papé’s vehicle purchase includes 43 Class 3 EV trucks and 7 Class 1 EV cargo vans Papé is Mullen’s seventh commercial EV dealer and includes 30 commercial sales and service locations across the Western U.S. BREA, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today a new vehicle order... Read more
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