Further details regarding the FX Super One product launch event scheduled for the end of June will be announced during the event. Attending stockholders will also have the opportunity to view and experience multiple FX prototype mules onsite, including the FX Super One, the FX 6, and the planned model aiming to disrupt the RAV4 in the AIEV era. LOS ANGELES / May 16, 2025 / Business Wire / Faraday Future... Read more
CEO He Xiaopeng: "P7 is more than a car - it is XPENG’s answer for the AI era in form and function". Chief Designer Rafik Ferrag: "The original P7 was a milestone for XPENG and a turning point in China’s EV landscape. With this new generation, we set out to design a pure electric sports sedan that could amaze at every angle". GUANGZHOU, China, May 15,... Read more
Standard All-Wheel Drive with 375 hp combined system output Up-to 260 miles of manufacturer-estimated all-electric driving range with DC fast-charging times around 30 minutes* (10-80% charge under ideal conditions) Equipped with North American Charging System (NACS) port for access to thousands of DC fast charging stations, will also have the convenience of Plug & Charge capability Ample utility with... Read more
HOUSTON, TX / ACCESS Newswire / May 15, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced the signing of a non-binding Letter of Intent ("LOI") to acquire the assets of Kymera, a manufacturer of marine craft. The Company intends for the business to serve as the foundation of Envirotech's new marine division. As planned, Envirotech intends to enter the electric marine... Read more
MONTREAL, May 15, 2025 /CNW/ - The Lion Electric Company ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that following the conclusion of the sale and investment solicitation process ("SISP") conducted under the supervision of the Superior Court of Québec (Commercial Division) (the "Court") and Deloitte Restructuring Inc., as... Read more
HANGZHOU, China, May 15, 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 unaudited financial results for the first quarter ended March 31, 2025[1]. Operating Highlights for the First Quarter of 2025 Total vehicle deliveries were 114,011 units for the first quarter of 2025,... Read more
CINCINNATI, May 15, 2025 (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 first quarter ended March 31, 2025. Management Commentary “We continue to deliver high-quality electric trucks and build strong momentum as customer... Read more
TEL AVIV, Israel, May 15, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and a provider of full by-wire electric trucks and platforms, today announced its fourth quarter and fiscal year 2024 financial results. “2024 was a breakthrough year for REE. We successfully accelerated our... Read more
1Q25 Revenue of 21.7 Million Compared to $22.7 Million in 1Q24 Expanded Gross Margin by 580 Basis Points Year Over Year Reduces Operating Expenses by 50% Year Over Year Earnings Per Share Increases 61% Year Over Year EAST WINDSOR, N.J., May 15, 2025 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric... Read more
All-new, Toyota C-HR Battery Electric Vehicle with 338 combined system net hp and a manufacturer-estimated all electric driving range rating of up to 290-miles* Premium interior and easy access rear cargo area for comfort, convenience and utility DC fast-charging capability with access to thousands of Level Three charging stations nationwide for a 10-80% charge in around 30 minutes under ideal... Read more
Achieved positive gross margin of approximately 20%, for the first quarter 2025 LOS ANGELES, May 14, 2025 (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 first quarter ended March 31, 2025. First Quarter 2025 Highlights: Delivered 29 units and generated $5.9 million in revenue... Read more
Plugsurfing is one of the largest EV charging service providers in Europe. XPENG customers can immediate access to over 940,000 charging points from 500 charge point operators across 27 countries. Easy charging station search, real-time availability, price information, payment processing and receipt assurance offered. AMSTERDAM, May 13, 2025 (GLOBE... Read more
Up to 314 miles of manufacturer-estimated range (XLE, FWD Plus model), an increase of 25% over the outgoing model (previously rated at 252 miles) Equipped with North American Charging System (NACS) port for access to thousands of DC fast charging stations, will also have the convenience of Plug & Charge capability Up-to 50% more horsepower, with 338... Read more
Range Truck Group joins as key Pacific Northwest partner; third Midwest Ziegler Truck Group location added CINCINNATI, May 13, 2025 (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 expansion of its partnership with Ziegler Truck Group, adding two... Read more
Growing share of higher margin models in sales mix and continuing cost reduction measures start to drive financial and operational performance improvement Gross margin improved by 15ppts to 7% versus Q1 2024 Net loss reduced by 31%; an Adjusted EBITDA loss improvement of 46% year-on-year Over USD 900 million worth of financing facilities secured or renewed in Q1 2025 Cash position of USD 732 million as of end... Read more
WINNIPEG, Manitoba, May 12, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, is pleased to announce that the ten nominees listed in the management information circular dated March 21, 2025, were elected as directors of the Board at the Company’s annual and special meeting of shareholders (the Shareholder Meeting) held... Read more
AUSTIN, Texas, May 09, 2025 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon'', the “Company” or “we”), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the quarter ended March 31, 2025. Company Highlights: ● Sold all remaining Grunt EVO motorcycles in Q1 ● Signed amended and restated golf cart supply... Read more
NEWARK, Calif., May 8, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the opening of its latest Studio and Service Center location in Rutherford, N.J. The new facility, built to serve the rapidly expanding customer base in New Jersey marks Lucid's 43rd permanent location in North America and 58th location globally. "New Jersey... Read more
HOUSTON, TX / ACCESS Newswire / May 8, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced that through its subsidiary, AG Drones Inc. ("AG Drones"), it has entered into a Consulting and Manufacturing Agreement with a U.S. drone manufacturer for the manufacture of a U.S.-made heavy lift drone and that, following delivery of the drone and its associated intellectual... Read more
WINNIPEG, Manitoba, May 08, 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 its unaudited interim condensed consolidated financial results for the first quarter of 2025. All figures quoted in U.S. dollars unless otherwise noted. First Quarter Highlights Deliveries: 1,028... Read more
Q1 total net assets increased by $24.8 million, or 21.6%, from the prior year-end. FF continued to expand its client base with two FF 91 2.0 deliveries, one in California and one in New York, officially entering the East Coast market, expanding its regional footprint beyond California. The FX Super One is anticipated to be unveiled around end of June of 2025, online B2C paid pre-order collection will be opened... Read more
Net Sales of $359M and GAAP Net Income of $26M Adj. EBITDA of $49M with 14% Margin and 2,295 Buses Sold FY2025 Adj. EBITDA Guidance Reaffirmed at $200M or 14% of Revenue MACON, Ga. / May 07, 2025 / Business Wire / Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2025 second quarter results. Highlights (in millions... Read more
WINNIPEG, Manitoba, May 07, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leader in propulsion-agnostic bus and coach mobility solutions, today announced that it and certain of its subsidiaries (collectively, the Company) have entered into a new revolving credit facility (the First Lien Facility) with a total borrowing limit of $845 million, which includes $300 million in... Read more
$206 million of positive gross profit in the first quarter of 2025 Unlocked an expected $1 billion investment from Volkswagen Group Significant progress made on R2 development and factory expansion Completed over 36,000 demo drives during the first quarter of 2025 - the highest number of drives in a quarter to date IRVINE, Calif. / May 06, 2025 / Business Wire / Rivian Automotive, Inc. (NASDAQ:... Read more
Produced 2,212 vehicles in Q1, excluding over 600 vehicles in transit to Saudi Arabia for factory gating Delivered 3,109 vehicles in Q1; up 58.1% compared to Q1 2024 Q1 revenue of $235.0 million GAAP net loss per share of $(0.24); non-GAAP net loss per share of $(0.20) Ended the quarter with approximately $5.76 billion in total liquidity NEWARK, Calif., May 6, 2025 /PRNewswire/ -- Lucid Group, Inc.... Read more
All-electric B4 will be used as both a work truck and delivery truck, supporting various LES Ecology Center environmental initiatives including the longest running compost program in New York City BREA, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces its subsidiary, Bollinger Motors... Read more
New leaders set to drive growth and bolster leadership in key areas NEWARK, Calif., May 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the company has strengthened its executive leadership team as it prepares for future growth. Lucid recently welcomed Akerho "AK" Oghoghomeh as Senior Vice President of Marketing, Jason Ryska as... Read more
West Virginia Deployments Now Total 22 GreenPower School Buses 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 three Type D all-electric, purpose-built,... Read more
Partnership leverages growing resources in the Kingdom of Saudi Arabia to advance key areas in Lucid's technology roadmap while progressing the country's vision for sustainable mobility KING ABDULLAH ECONOMIC CITY, Saudi Arabia, May 5, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, and... Read more
ANAHEIM, CA / ACCESS Newswire / May 5, 2025 / Phoenix Motor Inc. dba PhoenixEV, a leading manufacturer of all-electric, medium- and heavy-duty vehicles, is pleased to announce that it has been awarded a multi-category contract by the California Department of General Services (DGS) for Battery Electric Buses (BEBs). PhoenixEV has been selected for the following vehicle categories: Group 2 - 35-foot Battery... Read more
DEARBORN, Mich. / May 05, 2025 / Business Wire / Ford Motor Company (NYSE: F) today reported first quarter 2025 financial results. Visit the company’s Investor Relations website at shareholder.ford.com to view the earnings release, earnings presentation and other supporting material. At 5:00 p.m. ET, Ford and Ford Motor Credit Company management will hold a conference call to discuss these financial results. For the... Read more
DETROIT, May 5, 2025 /PRNewswire/ -- General Motors (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale of the notes for general corporate purposes, including to refinance a portion of the $1.25 billion outstanding of its 6.125% senior notes maturing on October 1, 2025, and fund a portion of the $1.8 billion five-year... Read more
DETROIT, May 5, 2025 /PRNewswire/ --General Motors (NYSE: GM) announced today the pricing of three series of senior unsecured fixed rate notes for a total of $2.0 billion. These notes include $750.0 million of 5.350% notes due in 2028, $750.0 million of 5.625% notes due in 2030 and $500.0 million of 6.250% notes due in 2035. The offering is expected to settle on May 7, 2025. GM intends to use the net proceeds from... Read more
Delivers 35,045 units in April, up 273% YoY 30,000+ vehicles delivered monthly for six consecutive months GUANGZHOU, China, May 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 April 2025. In... Read more
firefly started deliveries in late April 2025 23,900 vehicles were delivered in April 2025, increasing by 53.0% year-over-year 65,994 vehicles were delivered year-to-date in 2025, increasing by 44.5% year-over-year Cumulative deliveries reached 737,558 as of April 30, 2025 SHANGHAI, May 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:... Read more
HANGZHOU, China, May 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 April 2025. In April, Zeekr Group delivered a total of 41,316 vehicles across its Zeekr and Lynk & Co brands, marking a 1.5%... Read more
JINHUA, CHINA, May 01, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, today announced that its manufacturing facility in Garland, Texas has officially commenced operations. The first electric golf cart assembled in the U.S. has come off the production line, representing a major milestone in... Read more
BEIJING, China, April 30, 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 33,939 vehicles in April 2025, representing a year-over-year increase of 31.6%. As of April 30, 2025, Li Auto’s cumulative deliveries reached... Read more
Presents Electric Step Van with Superior Safety Features Exhibits First OEM-installed Propane-powered Class 5-6 Chassis MACON, Ga. / Apr 29, 2025 / Business Wire / Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, showcases its latest zero- and ultra-low emission commercial vehicle platforms at the upcoming 2025 Advanced Clean Transportation (ACT) Expo, North America’s... Read more
LONDON, April 29, 2025 (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 appointed Michael Grant Zapp Limited as its first authorised reseller in Ireland, based in Dublin. Mr. Michael Grant brings more than 40 years of experience in... Read more
Plans to introduce hydrogen trucks to Southern California-based Toyota North American Parts Center fleet Investments in hydrogen infrastructure to benefit trucking fleets and consumers North American debut of Toyota's more efficient, more powerful Gen 3 FC system ANAHEIM, Calif., April 28, 2025 /PRNewswire/ -- Toyota Motor North America (Toyota) today reaffirmed its commitment to a Hydrogen Society at... Read more
CINCINNATI, April 28, 2025 (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 successful completion of a 2,400-mile drive from Cincinnati, Ohio to Anaheim, California in its W56 electric step van. The vehicle, which demonstrated its real-world capability... Read more
TEL AVIV, Israel, April 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and provider of full by-wire electric trucks and platforms, today announced a 2024 business update and that it reschedules the release date of its fourth-quarter and fiscal year 2024 financial results to before... Read more
Revenue Of $127.6M up 3.2% YoY, Supported by Expanded Product Reach And Improved Geographic Balance Electric Off-Road Vehicle Revenue Rose 8.9% YoY, Reinforcing Core Segment Leadership Enhanced Supply Chain Flexibility with Taiwan Upgrades, While Progressing Steadily Toward U.S. Localization Goals JINHUA, China, April 28, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or... Read more
SINGAPORE, April 24, 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 fourth quarter and fiscal year ended December 31, 2024. Impressive Revenue Growth Driven by Strong Vehicle Deliveries EV deliveries were 53,139 in... Read more
Next-Gen AI Brain: Launched the XPENG World Foundation Model with 35× the parameters of conventional VLA models, enabling real-time adaptation to complex driving scenarios Ultra-Fast Charging Revolution: Debuted 5C Supercharging AI Battery technology delivering 420km range in just 10 minutes on the new P7+ flagship Record-Breaking MPV XPENG X9: Achieved... Read more
AUSTIN, Texas / Apr 22, 2025 / Business Wire / Tesla has released its financial results for the first quarter of 2025 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update. As previously announced, Tesla management will host a live company update and question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the results... Read more
Initial deal valued at approximately $1.4 million Cashflow on Wheels is a leading logistics company with a focus on transitioning FedEx and Amazon last-mile local delivery to electric vehicles BREA, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today a Class 3 vehicle order with... Read more
IRVINE, Calif. / Apr 21, 2025 / Business Wire / Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that Aidan Gomez has been named to its board of directors. Gomez is an experienced data scientist and Artificial Intelligence expert and serves as Co-Founder and CEO of Enterprise AI startup Cohere. “We are thrilled to welcome Aidan to the Rivian board,” said RJ Scaringe, Founder and CEO of Rivian. “Aidan has... Read more
BREA, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces its subsidiary, Bollinger Motors, has delivered the first 2025 Bollinger B4 truck of multiple orders to EnviroCharge for conversion into a mobile charging unit. “We’re proud to partner with EnviroCharge in its mission to expand EV... Read more
XPENG’s AI Tech Tree strategy integrates AI, Energy Solutions, and Embodied Intelligence - laying the foundation for a future ecosystem of smart EVs, humanoid robots, and flying vehicles. The 2025 XPENG X9 flagship elevates the intelligent MPV experience with 496 technical upgrades, including ultra-fast 800V charging, AI-adjusted suspension, as well as a... Read more
The first SUV ever to deliver everything consumers want in a vehicle without compromise: The versatility of a full-size three-row luxury SUV, with space for adults and families to ride in comfort with all their gear. The performance and handling of a luxury sports car, with up to 828 hp, standard air suspension, and an available rear-axle steer system for superior maneuverability. Up to 450 miles of... Read more
WINNIPEG, Manitoba, April 15, 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 Colin Robertson, previously Vice Chair of the Board, has been appointed Chair of the Board, succeeding Chan Galbato, who has decided to step down from the Board to pursue other opportunities. NFI Vice... Read more
GUANGZHOU, China, April 15, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today published its 2024 Environmental, Social and Governance Report (the “Report”). The Report highlights the Company’s achievements and continuous progress toward its sustainability objectives, along with its commitment to creating... Read more
GOTHENBURG, Sweden / Apr 15, 2025 / Business Wire / Polestar (NASDAQ: PSNY) has published its fourth Annual Sustainability report, announcing significant GHG reductions, updates on the Polestar 0 project and a continued quest for increased transparency and more sustainable materials. Since the Company started measuring in 2020, Polestar has reduced its carbon footprint per sold car with a quarter (24.7%). The most... Read more
LONDON, April 14, 2025 (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 received the required type approval from the Vehicle Certification Agency in the United Kingdom confirming that i300s produced in conformity with the previously... Read more
Initial order includes Mullen ONE Class 1 EV cargo van for maintenance and material transport tasks with additional orders to follow Global Expert is a licensed freight forwarding company providing shipping solutions between the US and Armenia to worldwide destinations BREA, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an... Read more
GOTHENBURG, Sweden / Apr 10, 2025 / Business Wire / Polestar (Nasdaq: PSNY) retail sales volumes amounted to an estimated 12,304 cars in Q1 2025, up 76% versus Q1 2024 and were stable versus Q4 2024, against a challenging economic environment. Sales are supported by a growing uptake of newer models and the ongoing transition to an active selling model. Michael... Read more
BEIJING, China, April 10, 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 released its 2024 Environmental, Social and Governance (ESG) report. The report details the Company’s ongoing efforts to integrate sustainability into its corporate strategies and operations, highlighting measurable advancements across its... Read more
EGI SWIFT semi solid-state batteries (SSB) are intended for use in commercial vehicles as well as other industrial applications including drone, E-aviation, robotics, aerospace, marine two-wheelers, power tools, and medical applications. Mullen has long been advancing a semi-solid-state battery solution and has worked on other initiatives with EGI for the past 18 months. Mullen’s production of EGI SWIFT... Read more
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