20,575 vehicles were delivered in November 2024, increasing by 28.9% year-over-year190,832 vehicles were delivered year-to-date in 2024, increasing by 34.4% year-over-year Cumulative deliveries reached 640,426 as of November 30, 2024 SHANGHAI, Dec. 01, 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... Read more
30,895 units delivered in November, up 54% year-over-yearMONA M03 surpassed 10,000 deliveries for third consecutive monthP7+ launch drives strong delivery momentum GUANGZHOU, China, Dec. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced record-breaking vehicle delivery results for November... Read more
HANGZHOU, China, Dec. 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 November 2024. ZEEKR delivered 27,011 vehicles in November 2024, a 106% year-over-year increase. Year-to-date, ZEEKR has delivered 194,933 vehicles in 2024, representing 85% growth over the... Read more
BEIJING, China, Dec. 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 48,740 vehicles in November 2024, up 18.8% year over year. As of November 30, 2024, Li Auto had delivered a total of 441,995 vehicles in 2024, with cumulative deliveries reaching 1,075,359. Li Auto maintained its... Read more
OSCEOLA, AR / ACCESSWIRE / November 29, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced its intent to expand the type of Envirotech vehicles offered through the California Hybrid And Zero-Emission Truck And Bus Voucher Incentive Program ("HVIP") and to begin participation in the California Innovative Small E-Fleet ("ISEF") set-aside program The company plans to submit the required paperwork to the... Read more
OSCEOLA, AR / ACCESSWIRE / November 27, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced it has delivered two demonstration delivery vans to two FedEx Delivery Service Partners ("DSPs"), including Dreaming Green Corp. in Connecticut. These mid-roof electric delivery vans will be put into service to deliver packages to homes and businesses in Connecticut. Dreaming Green Corp.'s owner Nelson... Read more
Project to Double Micro Bird’s Production Capacity and Create More Than 350 New U.S. Jobs MACON, Ga. / Nov 27, 2024 / Business Wire / Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, lauds the U.S. expansion of Micro Bird’s manufacturing operations to build small and midsize buses in New York State. Micro Bird, a 50/50 joint venture of Blue Bird Corporation and... Read more
Emerald is a leading commercial vehicle manufacturer and seller of refrigerated trucks and vans The refrigerated Class 3 EV box truck opens new rapidly expanding categories for home delivery, frozen food, grocery and beverage transportation BREA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer,... Read more
SINGAPORE, Nov. 26, 2024 /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 ending September 30, 2024. VinFast reported strong third-quarter results, delivering 21,912 vehicles, a 115% year-over-year... Read more
OSCEOLA, AR / ACCESSWIRE / November 26, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced it expects to access $25 million in funding from Yorkville Advisors Global LP ("Yorkville"). Phil Oldridge, CEO of Envirotech, emphasized the benefit the funds are expected to deliver to the technology company: "Access to $25 million in funding allows Envirotech to rapidly scale up manufacturing at our Osceola,... Read more
Net Sales of $1.35B, up 19% and GAAP Net Income of $106M, up $82M Record Adj. EBITDA of $183M, up $95M with 9,000 Buses Sold FY2025 Adj. EBITDA Guidance Raised to $200M or 14% of Revenue MACON, Ga. / Nov 25, 2024 / Business Wire / Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2024 fourth quarter and full year... Read more
IRVINE, Calif. / Nov 25, 2024 / Business Wire / American all-electric automaker Rivian Automotive (NASDAQ: RIVN) today announced it has received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and... Read more
100 Sets of Fuji Vehicle Body Materials Shipped to FF ieFactory in Hanford, California. First Two FX Prototype Mules Ready for Shipment to Los Angeles. LOS ANGELES / Nov 24, 2024 / 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 it will receive a new... Read more
LOS ANGELES, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leader in the electrification of fleets, is excited to announce a purchase order from Crown Linen Service, Inc., a leading provider of linen and uniform rental services. Crown Linen has ordered two fully electric 22' stepvans, reflecting its commitment to sustainability and reducing its environmental impact. “We are thrilled to partner with... Read more
CINCINNATI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in... Read more
Anticipated start of production to begin in mid-2025 To date, Mullen has installed three battery lines at its Fullerton facility and planned for an additional two lines High volume standard battery chemistry line High precision, low volume standard chemistry R&D line A high precision, low volume solid-state polymer R&D line An additional high volume standard chemistry battery line is anticipated to... Read more
Highlights key progress in four priority areas Reflects on-going commitment to achieving UN SDGs and Challenge 2050 PLANO, Texas, Nov. 21, 2024 /PRNewswire/ -- Toyota Motor North America announced the publication of its 2024 North American Environmental Sustainability Report (the "Report"), an annual report highlighting company initiatives across the United States, Canada, and Mexico. "Building on... Read more
Company announces commercial Class 1 EV cargo vans purchased and delivered to two leading California universities in Los Angeles and Berkeley This order follows other college campus orders from Princeton University, University of Virginia (UVA) and University of North Carolina (UNC) Mullen’s commercial EV lineup aligns with the overall sustainability targets of universities including reducing both direct... Read more
Quarterly Total Revenues reached RMB18,673.5 million (US$2,661.0 million)i Quarterly Vehicle Deliveries were 61,855 units SHANGHAI, Nov. 20, 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 its unaudited financial results for the third quarter ended September 30,... Read more
MARKHAM, Ontario / Nov 19, 2024 / Business Wire / VinFast Auto has officially commenced delivery of its flagship VF 9 all-electric, 7-passenger, 3-row dual motor all-wheel drive SUV to Canadian customers. This launch reinforces VinFast’s commitment to establishing a foothold in one of the world’s most competitive automotive markets while offering eco-conscious consumers premium choices in the fill size SUV segment,... Read more
XPENG will launch in the UK in early 2025 with the introduction of the advanced G6 mid-size SUV, offering British consumers high-performance, sustainable mobility International Motors Ltd (IML) official XPENG distributor for the UK IML will establish a broad network to provide sales and after sales services to UK customers The UK is a priority... Read more
LOS ANGELES / Nov 19, 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 that its first FX prototype mules have arrived at the Company’s China headquarters. The prototype mules’ delivery/shipping route will take it from Beijing to Los Angeles. The... Read more
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it has been added to the GSA Schedule by being awarded a General Services Administration (GSA) Government Fleet Contract through its dealer, Colonial Fleet Electrification. This... Read more
Quarterly total revenues were RMB10.10 billion, a 24.5% increase quarter-over-quarter Quarterly gross margin was 15.3%, reaching a historical high, an increase of 18.0 percentage points over the same period of 2023 GUANGZHOU, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced... Read more
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024. Management Commentary “We continue to make steady progress on several fronts here at Workhorse,” said Company CEO... Read more
Sure, you can caravan with your friends across the Bay Bridge....but imagine doing it with your hands off the steering wheel. SAN FRANCISCO, Nov. 18, 2024 /PRNewswire/ -- General Motors made history recently, driving all 20 of our Super Cruise-enabled models in a record-breaking hands-free caravan across the Bay Bridge linking San Francisco and Oakland, the largest of its kind in history. GM... Read more
Tembo Tusker is only the 2nd full electric utility vehicle pick up truck to receive full on road homologation VTA regulatory approval in Australia Tuskers can now be driven on road and off road in all states and territories across Australia VTA regulatory approval provides platform for Tembo to accelerate sales and deliveries of Tuskers to customers across all of Australia LONDON, Nov. 18, 2024 (GLOBE... Read more
JUSTIN, Texas and LONDON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced a new service, maintenance, and repair (SMR) agreement with Northside Truck & Van Ltd. (“Northside”), a premier automotive service provider in the United Kingdom. With a current aftersales portfolio of over 280 garages in the country, Northside will provide support and... Read more
Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000 When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $59,000 BREA, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle... Read more
Nine-Month Revenue of Nearly $90M, with Off-Road Vehicles as the Core Revenue Driver Strong Financial Position with $260M in Liquidity New Leadership to Drive Technology Innovation and Expand Growth, Boosting Market Edge and Launching a Fresh Chapter for the Company JINHUA, China, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today... 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 announced that eight EV Star Passenger Vans have been shipped to Washington University in St. Louis, Missouri for on-campus student... Read more
BREA, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces it has partnered with National Auto Fleet Group (“NAFG”) to sell its all-electric, Class 4 Bollinger B4 commercial trucks to government agencies through NAFG’s Sourcewell-awarded contract #032824-NAF. “Bollinger Motors is... Read more
Shareholder Call Scheduled for November 15, 2024 at 10 a.m. EST/7 a.m. PST GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower" and 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 reported its second quarter fiscal year... Read more
Revenue for the First Nine Months of 2024 of $64.57 Million, Decreases Slightly from $67.56 Million in First Nine Months of 2023 Operating Expenses Decrease 15.6% for the First Nine Months of 2024 Compared to the First Nine Months of 2023 Strong Balance Sheet with Cash and Restricted Cash Balance of $20.72 Million After Repaying $9.25 Million in Loans Continues to Execute on Growth Strategy with Significant... Read more
HANGZHOU, China, Nov. 14, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a global premium electric mobility technology company, today announced its unaudited financial results for the third quarter ended September 30, 2024. Operating Highlights for the Third Quarter of 2024 Total vehicle deliveries were 55,003 units for the third quarter of 2024,... Read more
FF has received the initial $250,000 annual license fee. The anticipated economic benefits for FF from this collaboration include a royalty fee equal to the greater of (a) 50% of the annual net profit from FF and FX ecosystem products and (b) 5% of net sales revenue from all relevant brand ecosystem products. FF will not be required to contribute any resources for development of branded products. LOS... Read more
LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leading electric truck manufacturer and fleet services provider, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Generated revenues of $15.8 million, up from $15.5 million last quarter and down from $16.7 million in the third quarter of... Read more
Quarterly revenue of $0.9 million, and year-to-date revenue of $1.50 million Quarterly Adjusted EBITDA was $(37.7) million, an improvement of 2% versus Q3 2023 Adjusted Net Loss Per Share was $(0.54), a 67% improvement versus $(1.71) in Q3 2023 and comparable to $(0.61) per share in Q2 2024 Quarterly cash outflow of $31.3 million in Q3 2024, compared to cash outflow of $39.4 million in Q2, 2024, a 20.7%... Read more
New joint venture (JV) with a total deal size of up to $5.8 billion combines the strength of both partners to create cutting-edge software and electronics architectures and scale the electric vehicle platforms and architectures. Engineers join the JV to create electric architecture and software for next generation Software Defined Vehicles (SDV). JV to be co-led by Wassym Bensaid (Rivian) and Carsten Helbing... Read more
Aiming at advancing the planned high-volume production and delivery of two models Signing formal agreements allows the Company to accelerate the planned high-volume production to fill the gap in the U.S. AIEV mass market including battery electric and range-extended vehicles The FX brand has entered the product research phase for delivery, the initial step for moving towards the goal of becoming the “Toyota... Read more
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