Sunday - April 27, 2025
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
ANAHEIM, CA / ACCESS Newswire / April 8, 2025 / Phoenix Motor Inc. dba PhoenixEV (NASDAQ:PEV), a leading manufacturer of all-electric, medium-duty vehicles, today announced a strategic partnership with ADASTEC Corp., a leading software company specializing in SAE Level-4 automated driving software solutions. Together, the companies will develop and deploy 40-foot battery-electric buses equipped with Level 4... Read more
$1.1B new convertible offering and repurchase of ~$1B principal of existing 1.25% convertible notes due in 2026. New issue structured efficiently with PIF support from prepaid forward share purchase, 5-year maturity, and cappedcall overlay resulting in effective conversion price of $4.80. NEWARK, Calif., April 8, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID), maker of the world's most advanced... Read more
XPENG officially entered the Polish car market. The Chinese leader in smart electric vehicles unveiled 3 models: the intelligent flagship SUV XPENG G9, the ultra smart coupe-SUV XPENG G6, and the stylish XPENG P7. Inchcape, a global leader in vehicle distribution, is responsible for the import and distribution of XPENG vehicles in Poland. WARSAW,... Read more
BREA, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that current Mullen and Bollinger commercial vehicle inventory are 100% assembled in the USA and are currently exempt from recently announced vehicle and component tariffs. Additionally, Mullen and Bollinger source 67% and 71% of... Read more
AUSTIN, Texas / Apr 02, 2025 / Business Wire / In the first quarter, we produced over 362,000 vehicles, delivered over 336,000 vehicles and deployed 10.4 GWh of energy storage products. While the changeover of Model Y lines across all four of our factories led to the loss of several weeks of production in Q1, the ramp of the New Model Y continues to go well. Thank you to all our customers, employees, suppliers,... Read more
Plan for a Range of Vehicles Using Wireless Charging to Improve Range and ROI ANAHEIM, CA / ACCESS Newswire / April 2, 2025 / Phoenix Motor Inc., and InductEV Inc. today announced the successful integration of wireless inductive charging capabilities into its medium-duty electric shuttle bus, a world-first for a commercially available vehicle of this... Read more
FREEHOLD, N.J. / Apr 02, 2025 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering innovator in electric commercial vehicles, with advanced, market-validated, and purpose-built vehicle and smart technology products, has reported its financial and operational results for the year ended December 31, 2024. Full Year 2024 Financial and Operational Highlights: Year 2024 net revenue... Read more
BEIJING, China, April 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 36,674 vehicles in March 2025, representing a year-over-year increase of 26.5%. This brought the Company’s first-quarter deliveries to 92,864, an increase of... Read more
15,039 vehicles were delivered in March 2025, increasing by 26.7% year-over-year 42,094 vehicles were delivered in the three months ended March 2025, increasing by 40.1% year-over-year Cumulative deliveries reached 713,658 as of March 31, 2025 SHANGHAI, April 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the... Read more
HANGZHOU, China, April 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 March 2025. In March, Zeekr Group delivered a total of 40,715 vehicles from its two brands, Zeekr and Lynk & Co, thanks to... Read more
First quarter electrified Toyota and Lexus sales make up more than 50 percent of total sales volume Lexus Division records its best-ever first quarter sales result 32 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2025 PLANO, Texas, April 1, 2025 /PRNewswire/ -- Toyota Motor North America (TMNA) today reported March 2025 U.S. sales of 231,335 vehicles,... Read more
Delivers 33,205 units in March, up 268% YoY Monthly deliveries surpass 30,000 units for five consecutive months GUANGZHOU, China, March 31, 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 March and... Read more
LONDON, March 31, 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 Green Mopeds Ltd. (“Green Mopeds”) as its first authorised reseller of Zapp’s urban electric motorcycle, i300, throughout Great Britain. Customers will... Read more
CINCINNATI, March 31, 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 full year ended December 31, 2024. Management Commentary “During the past year, we continued to strengthen and expand our EV portfolio to meet evolving... Read more
Global President Jerry Wang helps deliver the vehicle and reaffirms the Company’s commitment to the East Coast market. FF’s entry into the East Coast market will pave the way for FX’s potential mass-produced models. FF plans to design and develop AI hybrid extended-range (AIHER) electric powertrain systems, which are highly suited to both New York and the broader East Coast region. NEW YORK / Mar 30, 2025 /... Read more
MARKHAM, Ontario / Mar 28, 2025 / Business Wire / VinFast and other industry leaders are proving that the success of electric vehicles depends not just on technology but on building a seamless ownership ecosystem—one that eliminates range anxiety, ensures reliable service, and makes switching to EVs as effortless as possible. The move to electric vehicles is no longer solely about improving battery life or reducing... Read more
Achieved $3.3 million of net cash provided by operating activities, and our first quarter of positive Free Cash Flow of $3.3 million Achieved positive gross margins of approximately 7% and approximately 18% non-GAAP gross margins, for the full year 2024 Exceeded 25% revenue growth year-over-year from 2023 to 2024 LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the... Read more
COLUMBUS, Ind. / Mar 27, 2025 / Business Wire / Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], and Isuzu Motors Limited will introduce a new battery electric powertrain for the F-series medium-duty truck at this year’s ACT Expo in Anaheim, California. Scheduled for production in 2027, the fully integrated powertrain will feature Accelera's next-generation battery, eAxle,... Read more
Successful 2024 marked by new funding, Faraday X (FX) brand and product strategy, advances with prototype mules testing phase, Middle East expansion, and continued FF 91 2.0 deliveries. Net loss from operations in 2024 was significantly reduced vs. 2023, including a 55.3% improvement in Q4 vs the prior year quarter. The FX Super One is anticipated to be unveiled in June of 2025, and expects to start collecting... Read more
As Rivian drives toward launch of R2 and R3, company to be minority shareholder in California-based venture IRVINE, Calif. / Mar 26, 2025 / Business Wire / Rivian (NASDAQ: RIVN) today announced it has spun out its micromobility business into a new company: Also, Inc. Also will focus on small, lightweight vehicles that are designed to meet the global mobility transportation challenges of today and... Read more
The March 28 delivery to Univest Securities, an investment bank based in New York City, marks the official entry in the New York Market for FF. LOS ANGELES / Mar 26, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF,” “Faraday Future,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Univest Securities,... Read more
Fiscal Full Year 2024 Operating Expenses Reduced by 28% YoY; Earnings Per Share Jumps to $1.03 Per Basic and Diluted Share From a Loss of $1.20 Per Basic and Diluted Share EAST WINDSOR, N.J., March 26, 2025 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for... Read more
Motherson Group and M&G Investment led the round and held their ownership stake in the company Pricing is in addition to the previously announced $27 million offering New capital further strengthens REE’s cash position ahead of planned vehicle deliveries for nearly $1 billion in reservations TEL AVIV, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”),... Read more
CINCINNATI, March 25, 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 integration of Geotab’s advanced telematics technology into its Workhorse W56 step van. This offering combines active data monitoring in the W56 with Geotab solutions to... Read more
This round of financing is expected to bring the Company’s total fundraising to over $100 million since September 2024. LOS ANGELES / Mar 24, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company today announced that it has secured $41 million in new cash financing... Read more
Move will help accelerate FF and FX business strategy execution through organizational transformation. LOS ANGELES / Mar 24, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Jerry Wang as President of FF. He will report... Read more
SHANGHAI, March 21, 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 fourth quarter and full year ended December 31, 2024. Operating Highlights for the Fourth Quarter and Full Year of 2024 Vehicle deliveries were 72,689 in the fourth... 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 the first four Type D all-electric, purpose-built,... Read more
The arrival demonstrates the Company’s commitment to the mass market AIEV segment and progress of the Faraday (FX) strategy in the U.S. LOS ANGELES / Mar 20, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its first two FX 6 camouflaged... Read more
ANAHEIM, CA / ACCESS Newswire / March 20, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that its wholly-owned subsidiary, EdisonFuture International Co., Ltd. ("EdisonFuture International"), has entered into a strategic cooperation agreement with Beijing Guorun Venture Capital Co., Ltd.... Read more
HANGZHOU, China, March 20, 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 fourth quarter and full year ended December 31, 2024. Operating Highlights for the Fourth Quarter and Full Year of 2024 Total vehicle deliveries were 79,250 units for... Read more
ANAHEIM, CA / ACCESS Newswire / March 19, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a groundbreaking initiative to develop autonomous robots designed for package pickup and last-mile delivery. This new program builds upon the company's recently announced autonomous food and beverage... Read more
Workhorse to begin deliveries of its new 208-inch extended wheelbase W56 step vans to a national provider of uniforms and workplace supplies Revolv and Kingsburg Truck Center are facilitating the acquisition, upfitting, and deployment of the all-electric step vans CINCINNATI, March 19, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company... Read more
SAN JOSE, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- GTC -- General Motors and NVIDIA today announced they are collaborating on next-generation vehicles, factories and robots using AI, simulation and accelerated computing. The companies will work together to build custom AI systems using NVIDIA accelerated compute platforms, including NVIDIA... Read more
REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global markets Definitive long-term collaboration agreement expected in 2025, leveraging REE's P7 platform to deliver thousands of autonomous vehicles by 2030 with start of production expected in 2027 Targeting revenue from the strategic collaboration agreement of up to $770 million by... Read more
ANAHEIM, CA / ACCESS Newswire / March 18, 2025 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic partnership with Noodoe, a leading global provider of advanced AI-driven EV charging software and energy management solutions, aimed at accelerating innovation and sustainability in... Read more
5-year agreement targeting 200 vehicle conversions in first year and 1,600 over five years Provides local sales, service, and maintenance, further boosting Tembo’s position in the East African market, a population exceeding 500 million people AVA’s vehicle assembly facilities have the capacity to assemble 30,000 vehicles per annum AVA currently assembles vehicles for leading OEMs including Toyota, Fuso, Proto,... Read more
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.96 billion (US$5.75 billion) as of December 31, 2024 Quarterly total revenues were RMB16.11 billion, a 59.4% increase quarter-over-quarter Quarterly gross margin was 14.4%, an increase of 8.2 percentage points over the same period of 2023 Quarterly vehicle margin was 10.0%, an increase of 5.9 percentage points over... Read more
TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that it has entered into securities purchase agreements with new institutional investors and certain existing strategic investors, including M&G Investments and Varana Capital, for the purchase and... Read more
ST. CLOUD, Minn., March 17, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced new firm orders from the Maryland Transit Administration (the agency) for a total of 117 buses (127 equivalent units... Read more
LONDON, March 17, 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 certificate from the National Standards Authority of Ireland confirming European... Read more
AUSTIN, TX / ACCESS Newswire / March 17, 2025 / 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 December 31, 2024 Company Highlights: Signed exclusive golf cart distribution agreement with Super Sonic Company Ltd. Signed golf cart supply agreement... Read more
WINNIPEG, Manitoba, March 14, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer, subsidiary New Flyer Industries Canada ULC (New Flyer), today announced it has been awarded a significant contract with York Region Transit (YRT) for 170 Xcelsior® clean-diesel transit buses (268 equivalents units or EUs). This contract strengthens New... Read more
Quarterly total revenues reached RMB44.3 billion (US$6.1 billion)1 Quarterly deliveries reached 158,696 vehicles Full year total revenues reached RMB144.5 billion (US$19.8 billion) Full year deliveries were 500,508 vehicles BEIJING, China, March 14, 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... Read more
COPYRIGHT ©2025 GREEN STOCK NEWS