Wednesday - June 4, 2025
JACKSONVILLE, Fla. / Jun 03, 2025 / Business Wire / Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract from Aspera Biomedicines, Inc. (Aspera), a pharmaceutical company specializing in the development of cancer stem cell targeted therapies, to conduct space-based research and analysis on a new cancer treatment... Read more
LONG BEACH, Calif. / Jun 03, 2025 / Business Wire / Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced the launch window for its next mission for multi-launch customer, Institute for Q-shu Pioneers of Space, Inc. (iQPS), a Japan-based Earth imaging company. The mission, named ‘The Mountain God Guards,’ will launch from Rocket... Read more
PARIS, June 03, 2025 (GLOBE NEWSWIRE) -- WeRide, a global leader in autonomous driving technology, is partnering with Renault Group, a premium partner of Roland-Garros, for the second consecutive year, to provide a Level-4 autonomous minibus shuttle service during the 2025 Grand Slam tournament on the iconic clay courts. The return of the Robobus service... Read more
SAN FRANCISCO / Jun 03, 2025 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced a six-figure expansion of its contract with the Welsh Government. Using Planet’s satellite data, the Welsh government is developing data-driven, routine monitoring systems for agriculture, water and land use change, and emergency response. This expanded... Read more
Aim to enable fast, clean, quiet and affordable commercial passenger transportation in Saudi Arabia Potential delivery of up to 200 electric aircraft and related services valued at approximately $1 billion over coming years Grounded in Saudi Arabia’s Vision 2030, new MOU to support socio-economic growth in the Kingdom SANTA CRUZ, Calif. & JEDDAH, Saudi Arabia / Jun 03, 2025 / Business Wire / Abdul Latif... Read more
Leader in battery-based, ultra-fast charging joins The University of Alabama, Alabama Power, Mercedes-Benz and other industry, government and academic partners to advance next-generation mobility NÜRTINGEN, Germany / Jun 03, 2025 / Business Wire / ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-based energy storage and fast-charging systems, today announced it has joined the Alabama Mobility and Power... Read more
Flight utilized BETA’s ALIA CTOL, which departed East Hampton Airport, New York and arrived at John F. Kennedy International Airport in New York City Blade CEO Rob Wiesenthal's participation as a passenger on the all-electric flight underscores the company’s commitment to quiet, emission-free air mobility Blade, BETA Technologies, and other Advanced Air Mobility manufacturers continue to collaborate on the... Read more
Transformative Initiative is Designed to Simplify EV Charging Across the United States and Canada [Bowie, Md.,], June 03, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (“Blink”), a leading owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has announced a collaboration with WirelessCar Sweden AB (“WirelessCar”), a global leader in connected vehicle services, and... Read more
HALIFAX, NS, June 3, 2025 /CNW/ - Today, Maritime Launch Services Inc. (Cboe CA: MAXQ) (OTCQB: MAXQF) is pleased to announce a new collaboration with T-Minus Engineering B.V., a leading Dutch aerospace company, to launch the Barracuda, a hypersonic test platform, from Spaceport Nova Scotia in October 2025. This mission will represent the next step in advancing Spaceport Nova Scotia's suborbital and... Read more
The order marks a significant commercial milestone and signals Rail Vision’s continued expansion in the Latin American market Ra’anana, Israel, June 03, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN), a leader in railway safety and AI-driven vision technology, announced today it has secured a $335,000 follow-on order from a prominent Latin American mining company for its MainLine system. The order... Read more
The Mullen ultra-high-performance FIVE RS EV Crossover features a top speed of over 200 mph and acceleration from 0-60 mph in under 2 seconds The FIVE RS is equipped with 800-volt architecture, all-wheel drive, two-speed gearbox, and over 1,100 horsepower Initial vehicle market territories include the EU in 2025, followed by the UAE and South Africa in early 2026 Mullen is partnering with Faissner Petermeier... Read more
This purchase order is a follow on from other orders received during the fiscal year from the same end customer with a cumulative total over $16 million Further demands for additional sites expected later in the year TORONTO, ON / ACCESS Newswire / June 3, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company,... Read more
DALIAN, China, June 03, 2025 (GLOBE NEWSWIRE) -- 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 announced the receipt of a significant follow-up order from Livguard, a prominent Indian energy storage solutions provider. Valued at approximately USD 3 million, this order brings the... Read more
Tampa, Florida, June 03, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the first deliveries of its revolutionary Flex FPV (First Person View) systems under an order from a major U.S. military prime contractor supporting land systems operations for allied forces. The Draganfly Flex FPV... Read more
SHANGHAI, June 03, 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 first quarter ended March 31, 2025. Operating Highlights for the First Quarter of 2025 Vehicle deliveries were 42,094 in the first quarter of 2025, consisting of 27,313... Read more
Former MI5 Director General and Lord Chamberlain brings extensive experience of working at the highest levels of public service Appointment follows Vertical’s announcement of its hybrid-electric programme and comes as the Government sets out its Strategic Defence Review LONDON & NEW YORK / Jun 03, 2025 / Business Wire / Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology... Read more
Last week, Archer showcased Midnight’s piloted flight operations as the company continues to advance its certification and commercialization efforts in the U.S. and in the UAE. Click here to view a video of the piloted flight. This phase of Archer’s flight test program builds on years of safe, autonomous flight testing across its various aircraft... Read more
Today’s success marks Electron’s 65th overall mission and Electron’s seventh successful mission this year. MAHIA, New Zealand / Jun 02, 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 65th Electron to deploy Earth-imaging satellites for real-time space-based intelligence company... Read more
SHENZHEN, China, June 02, 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 a strategic partnership with Shenzhen Xihu Corporation Limited (“Xihu Group”), the city's largest taxi operator, to jointly deploy a fleet of more than 1,000 Pony.ai’s seventh-generation (“Gen 7”) Robotaxis in... Read more
Transaction increases shareholder equity by approximately $3.5M As part of agreement, Mullen extinguishes significant debt, gains additional 21% ownership and regains full control of Bollinger Motors Bollinger to continue operating as a majority owned Mullen subsidiary; Mullen will continue to provide full financial backing on sales, service, and warranty of vehicles Bollinger to ramp up sales activity... Read more
IRVINE, Calif. / Jun 02, 2025 / Business Wire / Rivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced that Rivian Holdings, LLC (the “Company”), Rivian, LLC (“Rivian LLC”) and Rivian Automotive, LLC (“Rivian Automotive” and, together with the Company and Rivian LLC, the “Co-Issuers”) intend to offer, subject to market and other customary conditions, $1,250,000,000 aggregate principal amount of senior... Read more
23,231 vehicles were delivered in May 2025, increasing by 13.1% year-over-year 89,225 vehicles were delivered year-to-date in 2025, increasing by 34.7% year-over-year Cumulative deliveries reached 760,789 as of May 31, 2025 SHANGHAI, June 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer... Read more
Delivers 33,525 units in May, up 230% YoY 30,000+ vehicles delivered monthly for seventh consecutive month GUANGZHOU, China, June 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for May 2025. In... Read more
BEIJING, China, June 01, 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 that it delivered 40,856 vehicles in May 2025, representing a year-over-year increase of 16.7%. As of May 31, 2025, Li Auto’s cumulative deliveries reached 1,301,531. Li... Read more
HANGZHOU, China, June 1, 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 delivery results for May 2025. In May, Zeekr Group delivered a total of 46,538 vehicles across its Zeekr and Lynk & Co brands, reflecting a... Read more
ANAHEIM, CA / ACCESS Newswire / May 30, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the fiscal year ended December 31, 2024. Fiscal Year 2024 Financial Highlights Revenue increased 898% to $31.1 million, up from $3.1 million in FY... Read more
SAN FRANCISCO / May 30, 2025 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its board of directors has nominated Gary B. Smith, President and CEO of Ciena, as a Class I director for election at the upcoming Annual Meeting. "Gary’s expansive career and leadership across technology, operations and sales is invaluable to Planet’s continued... Read more
BEIJING, China, May 29, 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 unaudited financial results for the quarter ended March 31, 2025. Operating Highlights for the First Quarter of 2025 Total deliveries for the first quarter of 2025 were 92,864 vehicles, representing a 15.5% year-over-year... Read more
SHENZHEN, China, May 29, 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 first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Revenues were RMB89.0 million (US$12.3 million), an increase of 38%... Read more
XPENG launches MONA M03 Max, bringing city-level ADAS (Advanced Driver Assistance System) to the US$20,000 / RMB 150,000 price point – a bold step toward making intelligent driving truly accessible XPENG's visual-based self-developed AI Turing Smart Driving is the only advanced ADAS available in the US$20,000 / RMB 150,000 price segment globally With... Read more
Tech breakthroughs lead to first nomination with new customer ahead of 2028 production JERUSALEM / May 28, 2025 / Business Wire / For the first time, a leading global automaker has chosen Mobileye Imaging Radar™ as a key component of its upcoming eyes-off, hands-off automated driving system in personal vehicles, following an extensive years-long... Read more
Momentus and Portal Space Systems join forces to propel next-generation flight computing demonstration on SpaceX Transporter Mission in Early 2026 SAN JOSE, Calif. / May 28, 2025 / Business Wire / Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, has signed a contract with... Read more
AUSTIN, TX / ACCESS Newswire / May 28, 2025 / Volcon ePowersports (Nasdaq:VLCN) ("Volcon" or the "Company"), the first all-electric, off-road powersports company, is pleased to announce the launch of a new floor plan financing and retail financing program provided by Dealer Direct Financial, a department of First Community Bank. This initiative will enable Volcon's network of dealers to finance their inventory... Read more
Surpasses 2.5 million subscriber milestone with 99,000 net adds in the quarter; raises 2025 net subscriber-add forecast to 220,000–240,000; AZOUR, Israel, May 28, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the first quarter 2025. Highlights of the First Quarter of 2025 Added a record 99,000 net subscribers in the... Read more
SUNNY ISLES BEACH, FL / ACCESS Newswire / May 28, 2025 / Elektros Inc. (OTC PINK:ELEK) surged by 60% today, marking an extraordinary leap for the forward-thinking rare-earth explorer. This rally reflects renewed investor confidence in Elektros Inc.'s significant lithium discovery in Sierra Leone-an opportunity emerging right at the start of a global paradigm shift toward electric vehicles (EVs) and renewable... Read more
WINNIPEG, Manitoba, May 28, 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 that its subsidiary, New Flyer Holdings, Inc. (the “Issuer”), intends to offer, subject to market conditions, $600 million in aggregate principal amount of second lien senior secured notes (the “Notes”) in a... Read more
RIYADH, Saudi Arabia, May 27, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, today announced its expansion into Saudi Arabia, marking a significant step in its global growth strategy. As part of its market entry, the company has launched testing or deployment of its Robotaxis and other core autonomous driving products in cities like Riyadh and AlUla, setting the... Read more
JACKSONVILLE, Fla. / May 27, 2025 / Business Wire / Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has successfully delivered the onboard computer for the European Space Agency’s (ESA) Comet Interceptor mission. Redwire developed and delivered the onboard computer through a contract with OHB Italia S.p.A. (OHB Italy). ESA’s Comet... Read more
NÜRTINGEN, Germany / May 27, 2025 / Business Wire / ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-based energy storage and fast-charging systems, today announced the incorporation of ads-tec Energy Austria GmbH. With its new presence in Austria, the company is not only expanding its footprint in the DACH region (Germany, Austria and Switzerland) but creating the foundation for more comprehensive customer... Read more
First-ever piloted wingborne flight of a winged eVTOL in European open airspace Landmark flight follows approval from the UK Civil Aviation Authority, an important step on its path toward certification and commercial operation 30,000 in-flight parameters and data points measured, with the aircraft flying as expected On track to complete piloted transition... Read more
AZOUR, Israel, May 27, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), a global leader in vehicle telematics, today announced a new service agreement with Stellantis in South America. The contract covers multiple countries in the region and is set for a multi-year period, with the potential for expansion to additional markets and extended service periods. Eyal Sheratzky, co-CEO of... Read more
AUSTIN, TX / ACCESS Newswire / May 27, 2025 / Volcon ePowersports (NASDAQ:VLCN) ("Volcon" or the "Company")) the first all-electric, off-road powersports company, received its first purchase order from Advanced EV for 1,000 golf carts. This initial order will be used by Volcon to conduct market testing of a new golf cart model developed in conjunction with Super Sonic under the distribution agreement with Volcon... Read more
SANTA CRUZ, Calif. / May 27, 2025 / Business Wire / Joby Aviation, Inc. (Joby; NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two... Read more
DUBAI, UAE, May 26, 2025 /PRNewswire/ -- Pony.ai (NASDAQ: PONY) today announces that it has entered a Memorandum of Understanding (MoU) with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region. The collaboration underscores Pony.ai's commitment to advancing autonomous driving technology in one of the world's... Read more
Quarterly net revenues were RMB525.3 million (US$72.4 million)1Quarterly lidar shipments were 195,818 units SHANGHAI, China, May 26, 2025 (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 March 31, 2025. Management... Read more
EH216-S Operators Obtained Air Operator Certificates from CAAC for Commercial Operations VT35 Type Certificate Application Accepted by CAAC; First Unit Manufactured for Airworthiness Validation Tests Production Expansion in Yunfu and New Factory Plan in Hefei GUANGZHOU, China, May 26, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air... Read more
JACKSONVILLE, Fla. / May 22, 2025 / Business Wire / Redwire Corporation (NYSE:RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract by SpaceTech GmbH to provide critical avionics technology for the European Space Agency’s (ESA) Next Generation Gravity Mission (NGGM) satellites. The NGGM... Read more
The mission will be Rocket Lab’s tenth overall launch for BlackSky and cements Electron as the most prolific launcher for their constellation to date. LONG BEACH, Calif. / May 22, 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 the launch window for its next mission for real-time space-based... Read more
Long-Lewis deploys ADS-TEC Energy’s ChargeBox at locations including Hoover, River Region and Muscle Shoals, providing ultra-fast EV charging access to EV drivers in underserved areas, with minimal grid impact NÜRTINGEN, Germany / May 22, 2025 / Business Wire / ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-based energy storage and fast-charging... Read more
Modular computing system unlocks new market opportunities across space, defense, and maritime sectors CAPE CANAVERAL, Fla. / May 22, 2025 / Business Wire / Sidus Space (NASDAQ: SIDU), (the “Company” or “Sidus”), an innovative space and defense technology provider, today announced the launch of Fortis™ VPX, a ruggedized, modular, SOSA™ aligned computing system engineered for high-reliability command and data... Read more
NEW YORK CITY, NY / ACCESS Newswire / May 22, 2025 / Luminar Technologies (NASDAQ:LAZR), a leading global automotive technology company, today announced it has entered into a definitive agreement with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, and another accredited investor to issue up to $200 million of convertible preferred stock to the investors in registered direct offerings over... Read more
ABU DHABI, UAE, May 21, 2025 /PRNewswire/ -- NWTN Inc. (NASDAQ: NWTN), a global intelligent mobility and AI technology company, today announced the official launch of the "NWTN AI Industrial Park" (NAIP) Project. The project is located in Khalifa Economic Zones Abu Dhabi (KEZAD), covering approximately 130,000 square meters, signaling the start of NWTN's transformation from a new energy vehicle manufacturer to a... Read more
MARKHAM, Ontario / May 21, 2025 / Business Wire / Electric vehicles are entering a new phase, where buyers no longer accept trade-offs in range, comfort, or price. With its balanced design and features, the VinFast VF 8 illustrates how the market is shifting toward more complete, no-compromise offerings. Early adopters put up with plenty of drawbacks. Range anxiety, software incompleteness, and higher price tags... Read more
CAMPBELL, Calif. & CLEVELAND / May 21, 2025 / Business Wire / ChargePoint (NYSE: CHPT), a leading provider of EV charging solutions, and intelligent power management company Eaton, today announced a collaboration to accelerate and simplify the deployment of EV charging infrastructure in the U.S., Canada and Europe. The companies will integrate EV charging... Read more
AI-powered vehicles, global expansion, and humanoid robotics form XPENG's three growth drivers for sustainable development XPENG ranks #1 in Q1 2025 exports among Chinese EV startups, targeting 100%+ delivery growth and profitability in Q4 Q1 success demonstrates XPENG's full-stack AI capabilities and robust product cycle XPENG will launch the MONA M03 Max and G7 SUV in Q2 2025, targeting 2026 robot... Read more
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB45.28 billion (US$6.24 billion) as of March 31, 2025 Quarterly total revenues were RMB15.81 billion, a 141.5% increase year-over-year Quarterly gross margin was 15.6%, an increase of 2.7 percentage points over the same period of 2024 Quarterly vehicle margin was 10.5%, an increase of 5.0 percentage points over the same... Read more
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader in autonomous driving technology, today announced its unaudited financial results for the three months ended March 31, 2025. Recent Highlights WeRide accelerates global commercialization of its autonomous driving services, moving toward scalable operations with additional deployments in... Read more
ORLANDO, Fla. / May 21, 2025 / Business Wire / Luminar Technologies (NASDAQ: LAZR), a leading global automotive technology company, today announced it has entered into a definitive agreement with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, and another accredited investor to issue up to $200 million of convertible preferred stock to the investors in registered direct offerings over an... Read more
HANGZHOU, China, May 21, 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 that it has published its 2024 Sustainability report ("the report"), available on the Sustainability section of the Company's IR website at https://ir.zeekrgroup.com. The initiatives and achievements... Read more
Partnership provides commercial customers ability to simplify fleet operations SAN FRANCISCO / May 20, 2025 / Business Wire / Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, and Rivian (NASDAQ: RIVN), American all-electric vehicle manufacturer, today announced a collaboration designed to simplify the complexities of... Read more
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