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
LONG BEACH, Calif. / Mar 18, 2025 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has scheduled a rapid turnaround mission on Electron for OroraTech, a Germany-based global provider of wildfire detection and monitoring solutions. The mission, named “Finding Hot Wildfires Near You,” is set to launch during... Read more
Bowie, Md., March 18, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has announced it has reached an agreement to supply 50 chargers at select premium hotels, retail and restaurant locations throughout Mexico as part of the Porsche Destination Charging... Read more
REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global markets Definitive long-term collaboration agreement expected in 2025, leveraging REE's P7 platform to deliver thousands of autonomous vehicles by 2030 with start of production expected in 2027 Targeting revenue from the strategic collaboration agreement of up to $770 million by... Read more
Boston, MA., March 18, 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 excited to announce it was selected by Massachusetts Department of Transportation (MassDOT) Aeronautics Division for and, successfully completed a demonstration for the simulated delivery of medical supplies... Read more
Foresight to equip autonomous drones and unmanned aerial vehicles with NVIDIA Jetson Orin platform for enhanced real-time perception, obstacle detection, and energy efficiency across diverse applications NESS ZIONA, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), a leading innovator in 3D perception systems, announces the... Read more
ANAHEIM, CA / ACCESS Newswire / March 18, 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 strategic partnership with Noodoe, a leading global provider of advanced AI-driven EV charging software and energy management solutions, aimed at accelerating innovation and sustainability in... Read more
5-year agreement targeting 200 vehicle conversions in first year and 1,600 over five years Provides local sales, service, and maintenance, further boosting Tembo’s position in the East African market, a population exceeding 500 million people AVA’s vehicle assembly facilities have the capacity to assemble 30,000 vehicles per annum AVA currently assembles vehicles for leading OEMs including Toyota, Fuso, Proto,... Read more
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.96 billion (US$5.75 billion) as of December 31, 2024 Quarterly total revenues were RMB16.11 billion, a 59.4% increase quarter-over-quarter Quarterly gross margin was 14.4%, an increase of 8.2 percentage points over the same period of 2023 Quarterly vehicle margin was 10.0%, an increase of 5.9 percentage points over... Read more
TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that it has entered into securities purchase agreements with new institutional investors and certain existing strategic investors, including M&G Investments and Varana Capital, for the purchase and... Read more
MAHIA, New Zealand / Mar 17, 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 Electron rocket, deploying five satellites to Low Earth Orbit for French Internet-of-Things (IoT) constellation operator Kinéis. The mission was the fifth in a five launch deal with Kinéis that has seen Rocket Lab... Read more
ST. CLOUD, Minn., March 17, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced new firm orders from the Maryland Transit Administration (the agency) for a total of 117 buses (127 equivalent units... Read more
Third satellite launch in 12 months demonstrates Sidus’ AI-powered rapid response solutions CAPE CANAVERAL, Fla. / Mar 17, 2025 / Business Wire / Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced the successful launch, deployment and operation of LizzieSat™-3 into Low Earth Orbit (LEO) as part of the Transporter-13 rideshare mission with SpaceX,... Read more
BEIJING, March 17, 2025 /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 Xiaomi Auto, a subsidiary of Xiaomi Group (HKEX: 1810). Through this collaboration, two companies will work together to enhance interconnectivity in EV charging, elevate user experience, and drive... Read more
LONDON, March 17, 2025 (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 received the required certificate from the National Standards Authority of Ireland confirming European... Read more
BEIJING, March 17, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Revenues were RMB 819.2 million, an increase of 71.1% year over year Gross margin was 12.4%,... Read more
DALIAN, China, March 17, 2025 /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 full year of 2024 ended December 31, 2024. Full Year of 2024 Financial Highlights Net revenues from sales of batteries were $136.59... Read more
AUSTIN, TX / ACCESS Newswire / March 17, 2025 / Volcon Inc. (NASDAQ:VLCN) ("Volcon'', the "Company" or "we"), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the quarter ended December 31, 2024 Company Highlights: Signed exclusive golf cart distribution agreement with Super Sonic Company Ltd. Signed golf cart supply agreement... Read more
Partnership will deliver revolutionary, emissions-free travel in the UK, including greater connectivity for Virgin Atlantic customers traveling to and from the airport Virgin Atlantic to support Joby’s preparations for operation in the UK Agreement builds on Virgin Atlantic’s track record of innovation and award-winning customer service SANTA CRUZ,... Read more
LONG BEACH, Calif. / Mar 15, 2025 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced its third Pioneer spacecraft for Varda Space Industries, Inc. (“Varda”) is successfully operating on orbit. The W-3 mission launched March 14, from Vandenberg Space Force Base at 11:43 p.m. PDT (06:43 a.m. UTC). The new mission... Read more
WINNIPEG, Manitoba, March 14, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer, subsidiary New Flyer Industries Canada ULC (New Flyer), today announced it has been awarded a significant contract with York Region Transit (YRT) for 170 Xcelsior® clean-diesel transit buses (268 equivalents units or EUs). This contract strengthens New... Read more
MAHIA, New Zealand / Mar 14, 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 second mission for Japanese customer, the Institute for Q-shu Pioneers of Space, Inc. (iQPS). ‘The Lightning God Reigns’ mission lifted-off from Rocket Lab Launch Complex 1 in Mahia, New Zealand at 1:00 p.m. NZDT... Read more
This mission marks the third launch in 12 months, enhancing Sidus Space’s AI-powered data solutions VANDENBERG SPACE FORCE BASE, Calif. / Mar 14, 2025 / Business Wire / Liftoff of the Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, LizzieSat™-3 is targeted for a launch window that opens today, March 14, 2024 at 11:39 PM PDT. The satellite will launch as part of... Read more
Quarterly total revenues reached RMB44.3 billion (US$6.1 billion)1 Quarterly deliveries reached 158,696 vehicles Full year total revenues reached RMB144.5 billion (US$19.8 billion) Full year deliveries were 500,508 vehicles BEIJING, China, March 14, 2025 (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 its... Read more
NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (Nasdaq: WRD) (“WeRide” or the “Company”), a global leader in autonomous driving technology, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Recent Highlights WeRide continues to enhance its global market presence through thoughtful market entries and strategic expansions in Europe, the Middle... Read more
OAKLAND, Calif., March 13, 2025 /PRNewswire/ -- General Motors has joined Pacific Gas & Electric Company's (PG&E) residential Vehicle-to-Everything pilot program, providing eligible customers in Northern and Central California with incentivized pricing for qualifying GM Energy home energy products. GM Energy is working with utilities like... Read more
MARKHAM, Ontario / Mar 13, 2025 / Business Wire / As Canada's electric vehicle market matures, consumers are demanding more than just range and performance—they seek reliability, convenience, and premium driving experiences. The VinFast VF 9 stands out with two defining strengths: top-tier after-sales service for peace of mind and a sophisticated, high-tech driving experience. Canada’s electric vehicle market is... Read more
PALO ALTO, Calif., March 13, 2025 /PRNewswire/ -- Hesai Technology, a global leader in lidar R&D and manufacturing, has secured a new design win with a top 5 NEV automaker in China. This automaker, part of a major global automotive group, will soon commence mass production of its high-end smart EV models equipped with Hesai's ATX lidar as standard. The ATX's advanced features will significantly enhance the... Read more
Archer will initially leverage Palantir Foundry and AIP to accelerate the scaling of its aircraft manufacturing capabilities Archer and Palantir plan to work in parallel to develop software for the next-gen of critical aviation systems, including air traffic control, movement control and route planning Archer and Palantir will formalize the partnership later today during a signing ceremony between Palantir... Read more
Delivery to Univest Securities, an investment bank based in New York City, is scheduled for the end of March. Lays the groundwork for the FF 91 2.0 Futurist Alliance (“FF 91 2.0”) as well as the potential for future mass-produced Faraday X (“FX”) models in the East Coast market. LOS ANGELES / Mar 13, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF”, “Faraday Future”, or the... Read more
CAMPBELL, Calif. / Mar 13, 2025 / Business Wire / ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced the opening of five ultra-fast charging sites in upstate New York. The sites are supported by the New York State Energy Research and Development Authority (NYSERDA), and are located in Cortland, Waterloo, Lake Placid, Niagara Falls, and Ripley.... Read more
HOUSTON, March 13, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management solutions, is proud to announce that a prominent private U.S. space company has acquired its NASA-certified M35A battery cells for integration into their spaceflight programs. This milestone underscores the growing demand for KULR’s high-performance,... Read more
Foresight and Excava, a leading Indian Tier-One Supplier, intend to establish a locally incorporated partnership or joint venture to invest in manufacturing and sales activities in India. Foresight will be responsible for the technology and know-how transfer while Excava will handle manufacturing and sales activities in the Indian market. Ness Ziona, Israel, March 13, 2025 (GLOBE NEWSWIRE) -- Foresight... Read more
Ted Smith appointed CEO of Nuvve New Mexico LLC to drive project success SAN DIEGO / Mar 13, 2025 / Business Wire / Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G) technology, today announced the formation of Nuvve New Mexico LLC, a new subsidiary created to support the company’s recently awarded State of New Mexico contract. The new entity will serve as a... Read more
TORONTO / Mar 13, 2025 / Business Wire / Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2024. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: Three month period ended December 31 Twelve month period ended December 31 Expressed in... Read more
Record backlog of $12.8 billion with significant year-over-year improvement in Net earnings and Adjusted EBITDA2 WINNIPEG, Manitoba, March 13, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. ("NFI" or the "Company"), a leader in propulsion agnostic bus and coach mobility solutions, today announced its audited consolidated financial results for Fiscal 2024. All figures quoted in U.S.... Read more
Fourth quarter 2024 total revenues of $30.2 million; Full year 2024 total revenues of $126.2 million Fourth quarter 2024 service revenues grew 24% to $9.8 million compared to $7.9 million in fourth quarter of 2023, Full year service revenues increased 32% to $34.8 million Service revenue contributed 33% of total revenue in fourth quarter 2024 compared with 19% in the same period last year and represented 28% of... Read more
Full-year net loss improved by $28.8 million versus the prior year to $(27.3) million in FY 2024; Adjusted EBITDA improved by $17.8 million versus the prior year to $1.2 million in FY 2024(1) Full-year Passenger Segment Adjusted EBITDA of $3.6 million in 2024 represents an $8.6 million increase versus the prior year Q4 revenue increased 14.5% versus the prior year to $54.4 million in 2024. Excluding Canada,... Read more
SHENZHEN, China, March 13, 2025 (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, 2024. Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “Aurora... Read more
VIENNA, Va. / Mar 13, 2025 / Business Wire / Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced that it has entered into a securities purchase agreement for a private placement that is expected to result in gross proceeds of approximately $40.0 million to the Company before deducting placement agent fees and offering... Read more
BROOKFIELD, Wis. / Mar 13, 2025 / Business Wire / REV Group, Inc. (NYSE: REVG), whose subsidiaries are leading manufacturers of specialty vehicles including fire trucks, ambulances and RVs, has published its sixth annual corporate responsibility report. The 55-page 2024 Sustainability Report focuses on REV Group’s Environmental, Social and Corporate Governance (ESG) performance and progress for fiscal year 2024... Read more
LONG BEACH, Calif. / Mar 12, 2025 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced InterMission and MAX Constellation, two next-generation software suites that build on successful missions to the Moon and beyond to deliver advanced autonomy, security, and scalability for complex space missions and constellation... Read more
BEIJING, March 12, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, today announced that the company has officially received the permit to conduct commercial Robotaxi ride-hailing services between the Beijing Economic-Technological Development Area (BDA) and Beijing South Railway Station. This milestone marks the first commercial Robotaxi operation covering Beijing’s... Read more
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