Latest EV News
VivoPower’s Tembo Secures Strategic Partnership in US$11 Billion Australian Utility Pick Up Truck Market with EV Industry Leader HMBEV
Partnership objective is to drive market adoption and sales in the strategically important Australian market, as Tembo progresses toward its US$838 million potential spin-off via a public listing HMBEV is Australia’s leading and most trusted independent electric vehicle (EV) corporate consultancy and advocacy group in Australia HMBEV’s corporate partnerships include AMPOL, owner of Australia’s largest transport... Read more
Faraday Future Announces its EAI Robotics Product Final Launch & FX Partner Recruitment Event Invitation Save the Date for February 4, 2026, in Las Vegas, NV,...
LOS ANGELES, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it will be holding its FF EAI Robotics Product Final Launch on February 4, 2026, coinciding with the annual National Automobile Dealers Association (NADA) Show in Las Vegas,... Read more
GreenPower Motor Announces Closing of CIBC Financing Facilities
VANCOUVER, BC, Jan. 14, 2026 /CNW/ -- GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" or the "Company"), 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 announced that it has closed the previously announced credit approval from CIBC for US$5... Read more
Kandi Technologies Showcases at AIMExpo 2026, Deepening North American Channel Strategy and Business Expansion
Jinhua, China , Jan. 13, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi”, “Kandi Technologies”, or the “Company”) (NASDAQ GS: KNDI), a long renowned leader in all-electric personal transportation and utility vehicles, today announced its participation in American International Motorcycle Expo (“AIMExpo”) for the year 2026, held from January 7 to 9, 2026 at the Anaheim Convention Center in... Read more
XPENG Accelerates Global Supply Chain Localization with Independent Teams in Europe and ASEAN in 2026
GUANGZHOU, China, Jan. 13, 2026 /PRNewswire/ -- XPENG is taking a decisive step in its global expansion by establishing dedicated, localized supply chain teams in Europe and ASEAN in 2026. This move deepens the company's "In Local, For Local" strategy, building on its existing overseas production, R&D, service, and data infrastructure to form a complete operational closed-loop in key international... Read more
Rivian Hires Greg Revelle as Chief Customer Officer
Revelle Brings Deep Experience in eCommerce and Marketing to American Automaker IRVINE, Calif. / Jan 12, 2026 / Business Wire / Rivian (NASDAQ: RIVN) today announced the appointment of Greg Revelle to Chief Customer Officer (CCO) of Rivian. Revelle joins Rivian from Revatek, a startup he founded dedicated to enhancing the off-grid outdoor experience through innovative energy storage. He has also held leadership... Read more
XPENG Charts New Course in 2026: Flagship Launch, Sales Momentum, and AI Breakthrough Propel Global Technology Ambitions
GUANGZHOU, China, Jan. 12, 2026 /PRNewswire/ -- XPENG is ushering in 2026 with transformative momentum, reinforcing its strategic evolution into an AI-driven global technology leader. The company unveiled its next-generation flagship model, celebrated a critical production milestone, and introduced a revolutionary autonomous driving AI system, collectively marking a significant leap forward in intelligent... Read more
GreenPower Motor Receives $5 Million LEDA Award from the State for New Mexico Facility Plus $9.6 Million Jobs Tax Credits and Incentive Funds
Company Cites Electric Vehicle Ecosystem, Foreign Trade Zone & Financial Incentives as Reasons for New Mexico Facility SANTA TERESA, N.M., Jan. 9, 2026 /CNW/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company") 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... Read more
Polestar Automotive reports record retail sales in 2025
Retail sales in 2025 of 60,119 cars, a growth of 34% compared to 2024 Strategy update to be hosted on 18 February GOTHENBURG, Sweden / Jan 09, 2026 / Business Wire / Polestar (Nasdaq: PSNY) retail sales amounted to an estimated 15,608 cars in Q4 2025, up 27% versus Q4 2024. For the full year, retail sales totalled approximately 60,119 cars, a growth of 34% compared to 2024. Michael Lohscheller, Polestar CEO,... Read more
GreenPower Motor Announces US$10 Million Financing and US$2.95 Million in Standby Letter of Credit Facilities
VANCOUVER, BC, Jan. 8, 2026 /CNW/ -- GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" or the "Company"), 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 announced that it has received credit approval from CIBC for $5 million in financing... Read more
GreenPower Motor Chooses New Mexico for Advanced EV Manufacturing Facility
State to provide assistance for strategic investment that will create more than 340 jobs and generate over $200 million in economic impact while supporting state's energy goals SANTA FE, N.M., Jan. 8, 2026 /CNW/ -- Electric vehicle manufacturer GreenPower Motor Company (NASDAQ: GP) today announced they have reached an agreement with the New Mexico Economic Development Department (EDD) to establish operations... Read more
Aptera Motors Appoints Automotive Industry Veteran Tony Kirton as Chairman of the Board of Directors
CARLSBAD, Calif., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV), a solar mobility company advancing ultra-efficient transportation, today announced that Tony Kirton has been appointed Chairman of the Board of Directors. Kirton brings more than four decades of global automotive leadership experience, having held senior executive and board roles across leading automotive brands including... Read more
Faraday Future Announces the FX Super One Roadmap for Mass Production, Sales, Delivery, Service and Ramp-Up and Its Entry into Embodied AI Robotics, along with...
The three-stage delivery structure in the U.S. for the FX Super One is expected to begin in Q2 of this year, primarily for FX Par; Phase-Two deliveries to industry leaders and B2B Partners are expected to begin in Q3 of this year, with limited volume and production ramp-up, targeting positive contribution margin in this phase; Phase-Three full-scale deliveries to the consumer market in Q4 this year or Q1... Read more
REE Automotive Announces Appointment of Former Chairman and CEO of Hitachi America, Hicham Abdessamad, as Chairman of the Board of Directors
TEL AVIV, Israel, Jan. 07, 2026 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), a leading automotive technology company and provider of full by-wire electric vehicle platforms and software-enabled mobility solutions, today announced that Hicham Abdessamad has been appointed Chairman of its Board of Directors, effective December 22, 2025. Mr. Abdessamad succeeds Carlton Rose, who has served as Chairman of... Read more
Ford Sales Rose 6% in 2025 on Torrid Truck, Hybrid Demand; Gains Share; Highest Sales Year this Decade
Ford's market share increased by 0.6 percentage points for the year and 0.9 percentage points for the quarter, reaching 13.2% annual share, driven by Ford’s appeal to a broad customer base through diverse trim levels and powertrain offerings No. 1 Truck: F-Series secured its 49th consecutive year as America’s best-selling truck, and 44 years as America’s best-selling vehicle with total sales of 828,832 trucks in... Read more
Lucid Motors, Nuro, and Uber Unveil Global Robotaxi at CES, Announce Autonomous On-Road Testing
Industry's most luxurious robotaxi, offering riders an unprecedented in-cabin experience Autonomous on-road testing, led by Nuro, began in December, marking an important milestone in service validation and path to launch later in 2026 LAS VEGAS, Jan. 5, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), Nuro, Inc. ("Nuro"), and Uber Technologies, Inc. (NYSE: UBER), today unveiled the production intent... Read more
Toyota Motor North America Reports 2025 U.S. Sales Results
TMNA 2025 sales up 8.0 percent Year-end electrified Toyota and Lexus sales make up 47 percent of total sales volume 30 electrified vehicle options available between both Toyota and Lexus brands Lexus records its best-ever full-year sales result PLANO, Texas, Jan. 5, 2026 /PRNewswire/ -- Toyota Motor North America (TMNA) today reported year-end 2025 U.S. sales of 2,518,071 vehicles, up 8.0... Read more
Lucid Motors Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2025 Results
NEWARK, Calif., Jan. 5, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter and year ended December 31, 2025. On a full year basis in 2025, the company produced 18,378 vehicles, up 104% compared to full year 2024, and delivered 15,841 vehicles, up 55% compared to full year 2024. During Q4... Read more
Tesla Fourth Quarter 2025 Production, Deliveries & Deployments
AUSTIN, Texas / Jan 02, 2026 / Business Wire / In the fourth quarter, we produced over 434,000 vehicles, delivered over 418,000 vehicles and deployed 14.2 GWh of energy storage products – a record for deployments. Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve these results. Q4... Read more
Rivian Releases Q4 2025 Production and Delivery Figures and Sets Date for Fourth Quarter and Full Year 2025 Financial Results
IRVINE, Calif. / Jan 02, 2026 / Business Wire / Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter and year ending December 31, 2025. The company produced 10,974 vehicles at its manufacturing facility in Normal, Illinois and delivered 9,745 vehicles during the same period. For the full year 2025, Rivian... Read more
XPENG Announces Vehicle Delivery Results for December and Full Year 2025
429,445 vehicles delivered for the full year 2025, a 126% YoY increase GUANGZHOU, China, Jan. 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for December and full year 2025. XPENG delivered 37,508 vehicles in... Read more
NIO Provides December, Fourth Quarter and Full Year 2025 Delivery Update
Company Achieved New Record-High Monthly and Quarterly Deliveries 48,135 vehicles were delivered in December 2025, increasing by 54.6% year-over-year 124,807 vehicles were delivered in the three months ended December 2025, increasing by 71.7% year-over-year 326,028 vehicles were delivered in 2025 in total, increasing by 46.9% year-over-year Cumulative... Read more
Li Auto December 2025 Delivery Update
BEIJING, China, Jan. 01, 2026 (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 44,246 vehicles in December 2025. This brought the Company’s fourth-quarter deliveries to 109,194. As of December 31, 2025, Li Auto’s cumulative deliveries... Read more
REE Automotive Announces First Half 2025 Earnings Results
TEL AVIV, Israel, Dec. 30, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops software-defined vehicle (SDV) technology and provides full by-wire platforms, today announced financial results for the six months ended June 30, 2025. “Over the past several months, we’ve taken decisive actions intended to accelerate delivery of our... Read more
XPENG-Peking University Collaborative Research Accepted by AAAI 2026: Introducing a Novel Visual Token Pruning Framework for Autonomous Driving
XPENG-PKU Research Breakthrough: XPENG, in collaboration with Peking University, has developed FastDriveVLA—a novel visual token pruning framework that enables autonomous driving AI to "drive like a human" by focusing only on essential information, achieving a 7.5x reduction in computational load. Top-Tier AI Recognition: The research has been accepted... Read more
REE Automotive Expected to Supply Cascadia Motion with Corner Technology Used in Electric Drive Units for Global OEM Market
Cascadia Motions (a wholly owned subsidiary of BorgWarner Inc.) to manufacture, commercialize, and sell a new generation of compact electric drive unit (EDU) integrating REEcorner technology with Cascadia Motion for inverter-motor modules OEM programs globally. Drive units expected to be available as off-the-shelf products at... Read more
ZEEKR Intelligent Technology Announces Completion of Merger
HANGZHOU, China, Dec. 22, 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 the completion of its merger (the "Merger") with Keystone Mergersub Limited ("Merger Sub"), an indirect wholly-owned subsidiary of Geely Automobile Holdings Limited ("Geely"), pursuant to the previously... Read more
California HVIP Incentive Program Reopens December 16th - GreenPower's EV Star Products Eligible for up to $130,000 of Incentives
GreenPower Motor Company Inc. (Nasdaq: GP) ("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 announced that its EV Star line of products are eligible for up to $130,000 in incentives under the Clean Truck and Bus Voucher Incentive... Read more
Faraday Future to Deliver an FX Super One to Ras Al Khaimah Innovation City on December 22, Advancing Deliveries in the Middle East
RAS AL KHAIMAH, United Arab Emirates, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that it will deliver an FX Super One MPV to Ras Al Khaimah (“RAK”) Innovation City on December 22, marking the Company’s upcoming second FX Super One... Read more
XPENG Kick-Starts Local EV Production in Malaysia, Marking Strategic Milestone in ASEAN Expansion
KUALA LUMPUR, Malaysia, Dec. 15, 2025 /PRNewswire/ -- XPENG (the "Company", NYSE: XPEV, HKEX: 9868) has officially entered into a strategic partnership with Malaysian manufacturing group EP Manufacturing Berhad ("EPMB") to launch localized production initiatives in Malacca, Malaysia. This collaboration, with mass production set to begin in 2026, marks... Read more
Rivian Unveils Custom Silicon, Next-Gen Autonomy Platform, and Deep AI Integration at Inaugural Autonomy & AI Day
American automotive technology company showcases roadmap toward global leadership in AI-defined vehicles and ownership experience PALO ALTO, Calif. / Dec 11, 2025 / Business Wire / Rivian (NASDAQ: RIVN) today announced significant breakthroughs in vertically integrated automotive technology at its first Autonomy & AI Day. During the event at its Palo Alto offices, the company unveiled its proprietary,... Read more
REV Group Reports Strong Fiscal 2025 Fourth Quarter and Full Year Results
Fiscal 2025 Fourth Quarter and Full Year Results Fourth quarter and full year net sales of $664.4 million and $2,463.5 million, respectively Fourth quarter and full year net income of $28.9 million and $95.2 million, respectively Fourth quarter and full year Adjusted EBITDA1 of $69.7 million and $229.5 million, respectively Fourth quarter and full year Adjusted Net Income1 of $40.9 million and $135.8 million,... Read more
Faraday Future Announces That the First Full Batch of Components for its FX Super One MPV Completed Customs Clearance and will be Delivered to the Company’s...
These components are the full sets of knockdowns for building the first batch of complete pre-production FX Super One vehicles, which once assembled, will be used for testing, marketing and other planning activities in the U.S. This milestone marks the successful end-to-end execution of FF’s Global Automotive Industry Bridge Strategy, covering the full... Read more
Toyota Motor Releases 2025 North American Environmental Sustainability Report
Highlights Investment in Multi-Pathway Approach to Work Toward Carbon Neutrality Goal Details on Upstream and Downstream Approach in Four Focus Areas Near- and Mid-Term Milestones to Advance Toyota's Environmental Challenge 2050 PLANO, Texas, Dec. 3, 2025 /PRNewswire/ -- Toyota Motor North America announces the publication of its 2025 North American Environmental Sustainability Report (the "Report"), an... Read more
NIO Provides November 2025 Delivery Update
36,275 vehicles were delivered in November 2025, increasing by 76.3% year-over-year 277,893 vehicles were delivered year-to-date in 2025, increasing by 45.6% year-over-year Cumulative deliveries reached 949,457 as of November 30, 2025 SHANGHAI, Dec. 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the... Read more
Li Auto November 2025 Delivery Update
BEIJING, China, Dec. 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 33,181 vehicles in November 2025. As of November 30, 2025, Li Auto’s cumulative deliveries reached 1,495,969. The Company expects the monthly production capacity... Read more
XPENG Announces Vehicle Delivery Results for November 2025
36,728 vehicles delivered in November, up 19% YoY GUANGZHOU, China, Dec. 1, 2025 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for November 2025. XPENG delivered 36,728 Smart EVs in November 2025, representing a... Read more
ZEEKR Intelligent Technology Announces November 2025 Delivery Update
HANGZHOU, China, Dec. 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 November 2025. In November, Zeekr Group delivered a total of 63,902 vehicles across its Zeekr and Lynk & Co brands, representing increases of 7.1% year-over-year and 3.7%... Read more
Li Auto Announces Unaudited Third Quarter 2025 Financial Results
BEIJING, China, Nov. 26, 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 September 30, 2025. Operating Highlights for the Third Quarter of 2025 Total deliveries for the third quarter of 2025 were 93,211 vehicles, representing a 39.0% year-over-year... Read more
NIO Reports Unaudited Third Quarter 2025 Financial Results
Quarterly Total Revenues Reached RMB21,793.9 million (US$3,061.4 million)i Quarterly Vehicle Deliveries were 87,071 units SHANGHAI, Nov. 25, 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 third quarter ended September 30,... Read more
Green Power Motor: New Jersey ZIP Reopens with $37.5 Million in New Funding
GreenPower's EV Star Line-up Eligible for more than $90,000 in Incentives GreenPower Motor Company Inc. (NASDAQ: GP) ("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 announced that its EV Star line of products are eligible for... Read more
Blue Bird Reports Fiscal 2025 Fourth Quarter and Full-Year Results; Beats Guidance With Record Results
Net Sales of $1,480M and GAAP Net Income of $128M Adj. EBITDA of $221M with 15% Margin and 9,409 Buses Sold FY2026 Adj. EBITDA Guidance Reaffirmed MACON, Ga. / Nov 24, 2025 / Business Wire / Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2025 fourth quarter and full year financial results. Highlights (in millions... Read more
VinFast Auto Reports Unaudited Third Quarter 2025 Financial Results
SINGAPORE, Nov. 21, 2025 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the third quarter ended September 30, 2025. Driven by Strong Top-line Focus, VinFast Reports USD 719 Million in Revenue, Up 47% Year-over-Year EV... Read more
GreenPower Motor Improves Balance Sheet by $6.8 Million
GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company") 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 announced that it has entered into an agreement whereby more than $6 million in deposits that had been made to GreenPower for the... Read more
Lucid Gravity Touring Orders Now Open in Canada; The Luxury Electric SUV Designed Without Compromise Starts at $113,500¹ CDN
NEWARK, Calif., Nov. 20, 2025 /CNW/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that orders are now open in Canada for the Lucid Gravity Touring, the newest addition to its groundbreaking Lucid Gravity lineup. Starting at $113,5001 CDN, Lucid Gravity Touring now offers Lucid's signature blend of space, performance, and efficiency to a broader... Read more
Toyota Boosts Hybrid Production with $912 Million Investment Creating 252 New U.S. Manufacturing Jobs
More jobs, investments in Toyota's West Virginia, Kentucky, Missouri and Tennessee plants Hybrid-electric Corollas coming to Mississippi PLANO, Texas, Nov. 18, 2025 /PRNewswire/ -- Toyota's U.S. manufacturing presence is expanding again to meet growing demand for hybrid vehicles. As a part of Toyota's recent commitment to invest up to $10 billion in the U.S. over the next five years, the company... Read more
REE Automotive and Mitsubishi Fuso Truck and Bus Corporation Sign MOU for Software-Defined Vehicle Technology
Mitsubishi Fuso is collaborating with REE as part of an acceleration strategy to shift into software-defined trucks that are smarter, safer, and upgradable over-the-air Mitsubishi Fuso is evaluating REE’s SDV and x-by-wire technologies for REE to serve as a potential supplier of a future vehicle platform The joint project has commenced and REE has begun integrating its SDV technology into a Mitsubishi Fuso... Read more
Chijet Motor Company Expands Strategic Focus into Edge Intelligence through Alignment with EdgeAI
Strategic initiative advances CJET’s vision to integrate edge computing and artificial intelligence across mobility and industrial infrastructure. New York, Nov. 17, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (“CJET” or the “Company”) today announced that it is expanding its strategic focus into the field of edge intelligence through an alignment with EdgeAI, an edge-native intelligence... Read more
XPENG Reports Third Quarter 2025 Unaudited Financial Results
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB48.33 billion (US$6.79 billion) as of September 30, 2025 Quarterly total revenues were RMB20.38 billion, a 101.8% increase year-over-year Quarterly gross margin was 20.1%, an increase of 4.8 percentage points over the same period of 2024 Quarterly vehicle margin was 13.1%, an increase of 4.5 percentage points over the... Read more
Aptera Motors Reports Third Quarter 2025 Financial Results
Reports Q3 2025 GAAP Net Loss of $5.5 Million and Nine-Month Net Loss of $28.4 Million Calculates Q3 2025 Adjusted Net Loss of $2.9 Million (Non-GAAP) and Nine-Month Adjusted Net Loss of $10.2 Million (Non-GAAP) Recognized $2.5 Million in Other Income for Q3 and $4.6 Million for Nine Months primarily from California Energy Commission Grant Ended Quarter with $12.0 Million in Cash and Cash... Read more
GreenPower Motor Accelerates Production of All-Electric School Buses; Secures Financing Facility of Up to $18 Million to Convert Record Backlog
Financing facility supports conversion of more than $50 million in contracted school bus orders, with over 130 chassis already produced to accelerate revenue recognition and improve working-capital efficiency. Early production work positions GreenPower for improved gross margins and a pathway to positive operating cash flow. GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company") today... Read more
GreenPower Motor Announces Preferred Share Financing for up to $18 Million
GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company"), 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 announced it has entered into a Securities Purchase Agreement (the "Agreement") for the issuance of up to US$18 million of Series A... Read more
NFI Group: City of Ottawa’s OC Transpo Orders 50 New Flyer Xcelsior® Clean-Diesel 60-foot Buses
WINNIPEG, Manitoba, Nov. 13, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) Today, NFI Group Inc.’s (NFI) subsidiary, New Flyer Industries Canada ULC (New Flyer), announced an order from OC Transpo (City of Ottawa) for 50 New Flyer Xcelsior® 60-foot clean-diesel buses. The order, made under a Metrolinx contract, will replace aging buses currently in service and support more reliable, robust transit... Read more
Faraday Future Reports Financial Results for Q3 2025
FX Super One has entered the pre-production phase at its Hanford manufacturing factory with the target of the first FX Super One pre-production vehicle rolling off the line in the U.S. in the near future. Future FF and FX BEV vehicles equipped with NACS charge ports in North America, Japan and South Korea will gain access to 28,000+ Tesla Superchargers, providing more infrastructure convenience for future... Read more
Xos Extends Profitability Streak with Strong Q3 2025 Performance and Positive Operating Cash Flow
Delivered 130 units and generated $16.5 million in revenue Achieved 15.3% Gross Margin and a second consecutive quarter of positive free cash flow Continued cost discipline with 24% year-over-year reduction in third quarter operating expenses LOS ANGELES, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leader in electric commercial vehicles and mobile charging... Read more
REV Group Announces Expansion Investment in Horton Emergency Vehicles to Increase Capacity
GROVE CITY, Ohio / Nov 13, 2025 / Business Wire / Horton Emergency Vehicles, a brand of REV Group Inc., and a leader in ambulance safety, is expanding its manufacturing footprint in Grove City, OH, with the $2.6M purchase of an adjacent building. This new 20,000 square foot building will focus on final assembly and the delivery processes and is expected to reduce delivery times and enhance customer experience. In... Read more
Toyota Motor Charges into U.S. Battery Manufacturing
Production Begins at New $13.9 Billion North Carolina Facility $2.7 Million in Education Grants to Local Schools Company Commits Additional U.S. Investment up to $10 Billion LIBERTY, N.C., Nov. 12, 2025 /PRNewswire/ -- Toyota supercharged its multi-pathway approach to global vehicle electrification with the highly anticipated start of production... Read more
Faraday Future Announces Adoption of North American Charging System (NACS), Providing Future FF and FX Super One Drivers Access to Tesla’s Supercharger Network...
Future FF and FX BEV vehicles equipped with NACS charge ports in North America, Japan and South Korea will gain access to 28,000+ Tesla Superchargers, providing more infrastructure convenience for future drivers. Tesla Supercharger access adds tremendous convenience, reliability and charging speed to the existing charging network that FF and FX users have access to. It will enhance and compliment access to... Read more
Polestar Automotive reports 49% revenue growth in the first nine months of 2025
Higher volumes and attractive model line-up support growing revenues Continuing reduction of materials costs and fixed costs Achieved target of three-digit million-dollar carbon credits sales ahead of plan at USD 123 million for the first nine months of 2025 External headwinds continue to impact profitability GOTHENBURG, Sweden / Nov 12, 2025 / Business Wire / Polestar (Nasdaq: PSNY) reports select unaudited... Read more
VinFast VF9: The Electric SUV Making Luxury Work for Real Life
MARKHAM, Ontario / Nov 11, 2025 / Business Wire / The seven-seat VinFast VF 9 is reshaping what luxury means for Canadian drivers, pairing full-size electric power with calm, lounge-like comfort that turns everyday travel into something quietly indulgent. Full-size electric SUVs are still a relatively rare sight in Canada. Most electric models are compact or mid-sized crossovers, built for commutes rather than... Read more