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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Completed $45.35 million Registered Direct offering led by M&G and Motherson securing production capital needs Signed strategic agreement with Motherson, a global automotive supplier, to strengthen REE’s supply chain management and cost structure, improve working capital efficiencies and expand outreach to global OEMs Kicked-off U.S. production in Michigan with Roush as contract manufacturer for full... Read more
GREENVILLE, SC / ACCESSWIRE / September 25, 2024 / Phoenix Motor Inc.'s (NASDAQ:PEV) PhoenixEV, a leader in electric vehicle (EV) development for the commercial sector, today announced its membership in the American Public Transportation Association (APTA), a move that underscores the company's dedication to advancing sustainable transportation solutions. APTA is the nation's largest public transportation... Read more
Canoo to establish first European location in Bicester Motion allowing UK customers to experience and test drive Canoo’s right-hand drive commercial electric vans Canoo’s expansion poised to capitalize on the strong demand in the light commercial vehicle (LCV) market JUSTIN, Texas, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced the... Read more
Employees, suppliers, government leaders share historic Bollinger B4 vehicle launch Bollinger B4 electric truck entirely assembled in the USA and in partnership with Roush Industries BREA, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary,... Read more
Production of P7 electric truck line-up to begin Q4 2024 at Roush’s facility in Detroit, Michigan, with annual capacity of up to 5,000 trucks. Motherson to manage global supply chain and logistics for U.S. production as well as on-site manufacturing and quality assurance support via Motherson SAS in Detroit. Faster production ramp up, improved unit costs, and accelerated road to free-cash flow generation are... Read more
AUSTIN, TX / ACCESSWIRE / September 23, 2024 / Volcon Inc. (NASDAQ:VLCN), ("Volcon" or the "Company"), the first all-electric, off-road powersports company, is proud to announce the launch and first production run of the HF1 Electric UTV. The HF1 is Volcon's newest high-powered utility task vehicle; a three-person single row vehicle which combines cutting-edge technology with rugged performance, offering a fully... Read more
Mullen technical and sales team present in Dubai this week for delivery of first EV vehicles Mullen Automotive, working in conjunction with independent company, VoltiE Group, a Miami, Florida-based EV charging company, are collectively providing EV vehicles and charging equipment to Volt Mobility, a GCC-based vehicle transport and leasing company that offers both commercial electric and gas vehicles and EV... Read more
Company outlines its second brand, Faraday X (FX), and its launch plan for the first batch of planned products, innovative ways in creating AIEV (Artificial Intelligence Electric Vehicle) products with “twice the performance at half the price” for users, and its aspiration to become the Toyota of the AIEV era. The first new FX models, which we refer to as the FX 5 (expected price range of $20,000-$30,000) and FX 6... Read more
SINGAPORE / Sep 20, 2024 / Business Wire / VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a subsidiary of Vingroup JSC, and Vietnam’s only pure-play electric vehicle manufacturer, today announced its unaudited financial results for the second quarter ended June 30, 2024. VinFast delivered 13,172 EVs in Q2, up by 44% QoQ and 43% YoY, bringing its delivery total for the first half of 2024 to 22,348... Read more
FTZ activation insulates Canoo from import tariffs and allows for deferments and exemptions as the company expands its global presence The approval of Canoo's FTZ allows other vendors and partners to relocate into Canoo’s user-driven site thereby broadening the benefits to Canoo and its partners Effective immediately providing a 5% reduction in BOM costs for imported parts significantly improving... Read more
EV drivers will be able to use GM vehicle brand apps to purchase a GM approved NACS DC adapter, as well as find, charge, and pay for sessions GM EV customers will ultimately have access to more than 231,800 public Level 2 and DC fast chargers and growing throughout the United States and Canada DETROIT, Sept. 18, 2024 /PRNewswire/ -- Beginning today,... 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 it has received a series of orders for six GreenPower all-electric, purpose-built, zero-emission school buses from its... Read more
New Tech Firm Formed by Automakers to Help Manage Flow of Data, Energy Between EVs and Power Grid NEW YORK, Sept. 18, 2024 /PRNewswire/ -- BMW, Ford and Honda have begun operations of the new joint venture that they announced last year and have appointed the first CEO and CTO. ChargeScape is a software platform that integrates electric vehicles (EVs) into the power grid, shoring up grid stability while... Read more
BREA, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has released pricing for the 2025 Bollinger B4 Chassis Cab with a Manufacturers Suggested Retail Price (“MSRP”) of $158,758. The Bollinger B4 Chassis Cab is an... Read more
Papé Group, which includes Papé Kenworth, consists of five operating companies with over 150 locations in nine states and 85 cities with over 815 service bays and 1,500 technicians Papé Kenworth is Mullen’s newest commercial EV dealer and seventh new retailer announced in recent months BREA, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the... Read more
New LS450 Receives California Air Resources Board Executive Order Certifying (”CARB”) Certification in the State of California and Certificate of Conformity from the United States Environmental Protection Agency FREEHOLD, N.J. / Sep 17, 2024 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built... Read more
Motherson is a global engineering and manufacturing specialist and one of the world’s leading automotive suppliers. For FY24, it achieved gross revenue of USD 17.2 billion1. The group employs over 190,000 people in its 400 facilities spanning across 44 countries. Combining Motherson’s manufacturing expertise and supply chain might with REE’s market-leading software-defined EV product line-up promises to create a... Read more
COPYRIGHT ©2022 GREEN STOCK NEWS