Automotive Industry Veteran Brings 35 Years of Manufacturing Leadership, Operational Excellence and Profitable Growth to the School Bus Leader MACON, Ga. / Jan 22, 2025 / Business Wire / Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has appointed John Wyskiel to the position of President and CEO, effective February 17, 2025. He will also join the Board of Directors... Read more
Rivian’s next-generation facility to strengthen American innovation will hire more than 7,500 people to produce world-class vehicles IRVINE, Calif. / Jan 16, 2025 / Business Wire / Rivian (NASDAQ: RIVN) today announced it has closed its loan agreement with the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for up to $6.6 billion (including $6 billion of principal and approximately $600 million of... Read more
Lucid Gravity Touring will start at $113,5001 CDN with Grand Touring starting at $134,5001 CDN NEWARK, Calif., Jan. 16, 2025 /CNW/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced Canadian pricing for the groundbreaking Lucid Gravity SUV. The Lucid Gravity Touring will be priced from $113,5001 CDN, while the Lucid Gravity Grand Touring will start... Read more
Retail sales totalled 12,548 cars in Q3 2024, down 8% versus Q3 2023 Revenue USD 551 million in Q3 2024, down 10% versus Q3 2023 on lower volume and competitive market conditions USD -323 million net loss and USD -180 million adjusted EBITDA; an adjusted EBITDA improvement of 28%, versus Q3 2023, reflecting continuous management actions reducing selling, administrative and general expenses USD 501 million cash... Read more
Targeting compound annual retail sales volume growth of 30-35% for 2025 to 2027 and positive adjusted EBITDA in 2025 Positive free cash flow after investments expected in 2027 Strong product momentum: Polestar 3 and Polestar 4 represent 56% of order intake in Q4 2024; Polestar 5 launch this year Polestar 7, a premium compact SUV, planned to be produced in Europe, strengthening global manufacturing... Read more
AUSTIN, Texas, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) is happy to confirm that the Volcon HF1 has officially arrived at Lithium Powersports in Jacksonville, FL. This groundbreaking unit is now on display and available for purchase. Lithium Powersports welcomes visitors to experience the Volcon HF1 firsthand, discover its outstanding features, and explore ownership opportunities. Visit... Read more
Dubai, UAE, Jan. 14, 2025 (GLOBE NEWSWIRE) -- NWTN Inc, a pioneer in sustainable energy and mobility (“NWTN”), and W Motors Automotive Group Holding Limited, a homegrown brand and a mobility solutions provider in UAE (“W Motors”), are proud to announce a strategic joint venture aimed at expanding their automotive business throughout diverse mobility projects. This partnership will combine NWTN’s network and access... Read more
AUSTIN, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) proudly celebrated the delivery of a HF1 to Hal Calvert, the first HF1 customer in Colorado. Hal, who is surrounded by Bureau of Land Management territory on his 80-acre property, uses exclusively sustainable energy sources. Hal chose the Volcon HF1 to maintain his commitment to electric-powered solutions. He reports that he will... Read more
FREEHOLD, N.J. / Jan 14, 2025 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announces the order of 200 special edition Logistar® 450P (“LS450P”) electric passenger vans from Spanish vehicle provider QEV Technologies, S.L. (“QEV”). Cenntro has secured a 30% deposit for the... Read more
Mr. Hans, the Company’s latest Developer Co-Creation Officer, took delivery of his new FF 91 2.0 Futurist Alliance at a ceremony in suburban Los Angeles with FF executives. LOS ANGELES / Jan 13, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced... Read more
Retail sales totalled 12,256 cars in Q4 2024, up 5.3% versus Q4 2023, driven by a growing model line-up Order intake in Q4 2024 up 37.2% versus Q4 2023, creating strong momentum as we enter 2025 Polestar 3 and Polestar 4 represent 56% of order intake in Q4 2024 GOTHENBURG, Sweden / Jan 09, 2025 / Business Wire / Polestar (Nasdaq: PSNY) retail sales totalled 12,256 cars in Q4 2024, up 5.3% versus Q4 2023,... Read more
FX camouflaged prototype mules shown for the first time to the public in Las Vegas, NV, as the Company outlined its product development and U.S. regulatory testing phase for the FX product lineup. The first planned FX models include the first U.S. AI-MPV product—the Super One, the FX 5 (expected price range of $20,000-$30,000), and FX 6 (expected price... Read more
AUSTIN, Texas, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) is pleased to announce Electric Wheels Ltd, a prominent distributor of electric off-road vehicles, has agreed to distribute the Volcon VLCN HF1 UTV in the United Kingdom. Electric Wheels Ltd. (“Electric Wheels”) is the official European Distributor for the manufacturer of the... Read more
AUSTIN, Texas, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) is pleased to announce that the 250W Brat model has successfully obtained Japanese government certification, allowing sales to begin immediately across Japan. Certification for the 750W model is currently underway. To watch video, visit this link. For media inquiries, please contact: This email address is being protected from... Read more
LAS VEGAS and NEWARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Panasonic Energy Co., Ltd., a global leader in the battery industry, and Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the highly anticipated Lucid Gravity Grand Touring will be powered by Panasonic Energy's lithium-ion EV battery cells. With... Read more
NEWARK, Calif., Jan. 6, 2025 /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 December 31, 2024. During this period, Lucid produced 3,386 vehicles and delivered 3,099 vehicles, of which approximately 7% were subject to operating lease accounting.1 On a full year basis in 2024, the... Read more
SUNNYVALE, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, today announced XPENG has selected RTI Connext Drive® to provide the core communication technology for its next generation E/E vehicle architecture. Starting with the 2026 production models, Connext Drive will manage the complex data distribution in XPENG vehicles,... Read more
WINNIPEG, Manitoba, Jan. 06, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI, or the Company) a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, today announced strategic enhancements to its Board of Directors with the appointment of Chan Galbato to succeed Wendy Kei as Board Chair, as well as the appointments of... Read more
IRVINE, Calif. / Jan 03, 2025 / Business Wire / Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,727 vehicles at its manufacturing facility in Normal, Illinois and delivered 14,183 vehicles during the same period. On a full-year 2024 basis, the company produced 49,476 vehicles and delivered 51,579.... Read more
Year-end electrified Toyota and Lexus sales surpasses one million units and surges 53 percent; electrified units make up more than 43 percent of total sales volume 30 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2025 Lexus records its best-ever full-year sales result in its 35-year history Toyota brand projected to be the number one retail for... Read more
AUSTIN, Texas / Jan 02, 2025 / Business Wire / In the fourth quarter, we produced approximately 459,000 vehicles, delivered over 495,000 vehicles and deployed 11.0 GWh of energy storage products – a record for both deliveries and deployments. Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve these... Read more
XPENG announces the global release of its latest OTA software update, XOS 5.4, bringing advanced intelligent driving features, enhanced safety tools, and personalized experiences to users worldwide. The update introduces the "AI Guard" system and Personalized Operating System 2.0 to enhance driving awareness and road safety. The XPENG Assistant now supports voice control in multiple languages, including... Read more
500 Unit Order for Customized Metro MR Vehicles May Position Cenntro to Capitalize on Additional Opportunities in Key Market FREEHOLD, N.J. / Jan 02, 2025 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced its manufacturing facility, Zhejiang Cenntro Machinery... Read more
36,695 units delivered in December 2024, an 82% increase year-over-year MONA M03 surpassed 10,000 deliveries for fourth consecutive month 91,507 units delivered in Q4 2024, a 52% increase year-over-year, exceeding upper end of quarterly guidance range for Q4 190,068 units delivered for the full year 2024, a 34% increase year-over-year GUANGZHOU,... Read more
Company Achieved New Record-High Monthly and Quarterly Deliveries 31,138 vehicles were delivered in December 2024, increasing by 72.9% year-over-year 72,689 vehicles were delivered in the three months ended December 2024, increasing by 45.2% year-over-year 221,970 vehicles were delivered in 2024 in total, increasing by 38.7%... Read more
BEIJING, China, Jan. 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 58,513 vehicles in December 2024, reflecting a 16.2% year-over-year increase. Total deliveries for the full year of 2024 reached 500,508 vehicles,... Read more
HANGZHOU, China, Jan. 1, 2025 /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 December and the full year 2024. In December 2024, ZEEKR delivered 27,190 vehicles, marking a 102% year-over-year increase. For the... Read more
BREA, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the sale of the Mullen ONE All-Electric Cargo Van to Mr. Appliance® of Owings Mills, Maryland, marking the company’s first venture into the home service vertical. This milestone sets the stage for Mullen’s expansion into this... Read more
Westland’s Class 3 service body upfits completed by Phenix Truck Bodies & Van Equipment. Vehicle order fulfilled by Pritchard and includes California HVIP incentives approval on vehicles purchased. BREA, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer announces a Class 3 EV truck... Read more
LOS ANGELES / Dec 22, 2024 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based technology company specializing in artificial intelligence electric vehicles (AIEV), announced that it has secured approximately $30 million in cash financing commitments. The funds will be used to accelerate the Company’s growth and the development of Faraday... 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 the company has received three orders for 11 Type D all-electric, purpose-built, zero-emission BEAST school buses for school... Read more
LONDON, Dec. 19, 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 opened its new microfactory reference site in the Bangkok Free Trade Zone industrial park in Thailand. Working together with AIH Group, a leading automotive... Read more
On Dec. 17, 2024, Mullen Automotive submitted a modified plan to the DOE that incorporates its facilities in Mishawaka, Indiana, and Fullerton, California, for U.S.-based battery and pack production. Mullen is in position to transition to manufacturing and assembly of high-voltage and low-voltage battery systems in the United States. Mullen has made substantial investments and strategic decisions that... Read more
Funding is Part of Advanced Research Projects Agency-Energy (ARPA-E) Program to Develop a Sustainable Critical Minerals Supply Chain ANN ARBOR, Mich., Dec. 18, 2024 /PRNewswire/ -- Toyota announced today that Toyota Engineering & Manufacturing North America, Inc. (TEMA), inclusive of Toyota Motor North America (TMNA) R&D, has been selected to receive $4.5 million in funding from the U.S. Department of... Read more
West Sacramento station marks HYLA's first modular refueling station in Northern California A significant step in HYLA's plan to connect current HYLA stations to northern central California This new HYLA station will be commercially operational in January 2025 PHOENIX , Dec. 18, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and... Read more
Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024 Since Sept. 30, 2024, Mullen has sold and delivered 57 Class 3 and 43 Class 1 EV cargo vans and trucks for a total of 100 vehicles and $ 5.5 million; these numbers exclude sales and expenses by Bollinger Motors Orders continue to build as Mullen moves forward efforts with government... Read more
LOS ANGELES / Dec 18, 2024 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a series of new in-car software updates that will enhance both the in-vehicle infotainment experience as well as user-focused control features for the Company’s flagship FF 91... Read more
Manufacturer's Suggested Retail Price* (MSRP) reduction for 2025 bZ4X: $6,000 lower MSRP for XLE grade and $5,380 lower MSRP for Limited grade bZ4X adds a bold Nightshade edition to the lineup with standard All Wheel Drive, available in single- or two-tone exterior colors Standard bZ4X Nightshade features include black 20-inch wheels, black exterior accents, and red stitching on seats and steering... Read more
District Shifts to Zero- and Low-Emission Student Transportation MACON, Ga. / Dec 17, 2024 / Business Wire / Wilkes County Schools (WCS) has marked the historic milestone of becoming the first school district in Georgia to serve all of its 25 daily bus routes exclusively with zero- and ultra-low-emission school buses. WCS’ new fleet of electric and propane-powered buses eliminates regular diesel bus routes,... Read more
Demand for Powered by REE vehicles surges as reservations grow by 230% to $137 million* including reservations for production that extend beyond 2025. Significant progress toward integration of REEs software defined vehicle technology (SDV) into leading OEMs in several vehicle categories. Production of flagship P7 medium duty electric truck kicked-off according to plan targeting first deliveries in H1 2025... Read more
ROUND ROCK, TX / ACCESSWIRE / December 16, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announced today that through its partnership with GLV Ventures (GLV) it has secured its first purchase order from one of the top three automotive manufacturers in... Read more
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announces the appointment of Mr. Sebastian Giordano ("Mr. Giordano") to GreenPower's Board of Directors (the "Board"). The... Read more
Company remains committed to reinvesting in U.S. manufacturing operations, environmental sustainability and stable employment GEORGETOWN, Ky., Dec. 12, 2024 /PRNewswire/ -- Transformation continues at Toyota Kentucky with a $922 million investment to build a new advanced paint facility and further support electrification efforts. The facility is designed to improve operational efficiencies, reduce... Read more
Work will expand the scope of AYRO's recently announced low-cost manufacturing and engineering efforts; AYRO intends to collaborate with partner GLV for future projects with the top U.S. auto manufacturer ROUND ROCK, TX / ACCESSWIRE / December 12, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro... Read more
BREA, Calif., Dec. 12, 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 delivered its first 25 B4 trucks, with a retail sales value of approximately $4.1 million during the nearly three months since the company’s September start of production. The... 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 it has received a follow-on order for 10 EV Star Cab &... Read more
Addition of respected commercial group, with dealerships in Delaware, Maryland, New Jersey and Pennsylvania, increases Bollinger Motors’ national dealer network to over 50 locations BREA, Calif., Dec. 11, 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... Read more
The Company will start manufacturing the FF 91 2.0’s seats in-house at its Hanford, CA factory immediately, reducing costs for its flagship luxury EV. In-house manufacturing of seats and interiors are the foundation for personalization and customization in the Ultimate AI TechLuxury FF 91 2.0. LOS ANGELES / Dec 11, 2024 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”,... Read more
Provides Fiscal 2025 Full Year Guidance and Intermediate Financial Targets Board Approves a New $250 Million Share Repurchase Authorization Quarterly Cash Dividend Increased by 20% Fiscal 2024 Fourth Quarter and Full Year Results Fourth quarter and full year net sales of $597.9 million and $2,380.2 million, respectively Fourth quarter and full year net income of $41.7 million and $257.6 million,... Read more
World-class safety performance reaffirms XPENG's commitment to occupant and road user protection GUANGZHOU, China, Dec. 10, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese high-tech car company, proudly announces that its electric ultra-smart coupe SUV, the XPENG G6, has achieved a... Read more
Progress Manufacturing Company (PMC) has become a Workhorse dealer, expanding the availability of electric commercial vehicles to specialized fleets. The partnership enables integration of equipment from EnviroCharge for specialized applications. PMC has signed a purchase order for Workhorse’s W56 and W4 CC vehicles which will become demo models. CINCINNATI, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Workhorse Group... Read more
OSCEOLA, AR / ACCESSWIRE / December 10, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced an Envirotech logistics van is in use by New Jersey based Central Art & Engineering, Inc. Central Art & Engineering uses the Envirotech logistics van for the pick-up and delivery of jobs and raw materials. A custom plastics fabricator, the company is deeply committed to the quality and reliability of... Read more
OSCEOLA, AR / ACCESSWIRE / December 10, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced Envirotech's support team for California and New Jersey electric vehicle applications. The company has assembled a working group of employees to assist customers submitting voucher applications for California Air Resources Board ("CARB") funding as well as for New Jersey Zero-Emission Incentive Program ("NJ ZIP")... 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 the appointment of Wolfington Body Company as its exclusive school bus dealer in New Jersey, Pennsylvania and... Read more
DES PLAINES, Ill., Dec. 09, 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 Motor Coach Industries (MCI), today announced a new contract with Metro Transit Authority of Harris County (METRO) for the purchase of 100 MCI D45 CRT high-floor coaches. The initial... Read more
Broadway Ford Truck Center is a great addition to Bollinger’s growing dealer network Broadway to play a key role in strengthening Bollinger’s Midwest presence BREA, Calif., Dec. 09, 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”),... Read more
Initially the parties will collaborate to develop and bring to market advanced 3D perception solutions for Bumhan’s autonomous electric buses, with plans to expand their offerings into semi- and fully autonomous solutions for commercial vehicles Ness Ziona, Israel, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator... Read more
OSCEOLA, AR / ACCESSWIRE / December 6, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced Envirotech electric delivery vans are successfully in use by Sardo Bus & Coach Upholstery of Gardena, California. Sardo Bus & Coach Upholstery, a longstanding and well-respected provider of upholstery services to the bus and train industry in the United States, has been using two Envirotech electric... Read more
Initial vehicle order includes 10 Class 3 EV trucks and is fulfilled by Mullen’s newest franchise dealer, Papé Group For more than 40 years, Associated Coffee has been a leading provider of superior office coffee service and refreshments across the San Francisco Bay Area BREA, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric... Read more
Net proceeds to be used towards partial repayment of the Company's senior secured non-convertible debentures issued in July 2023 MONTREAL, Dec. 5, 2024 /CNW/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that it has reached a definitive agreement with Aéroport de Montreal to... Read more
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