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Hesai Technology and BYD Supercharge Partnership: 10+ Lidar-Equipped Models to Enter Mass Production in 2025

Last Trade: 17.09 0.29 1.73

SHANGHAI, Feb. 11, 2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar technology, today announced that it will deepen its cooperation with BYD and will provide automotive lidar for more than 10 BYD models. The models are expected to enter mass production in 2025. In 2024, BYD sold over 4 million intelligent driving-equipped vehicles, surpassing all domestic competitors.... Read more


ECARX to Power Launch of First Hongqi Model Under Strategic Partnership with FAW, Debuting AutoGPT with DeepSeek-R1 Integration

Last Trade: 1.91 0.18 10.40

SHANGHAI, Feb. 11, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced that the first intelligent cockpit jointly developed under its strategic partnership with FAW Group Co., Ltd. (“FAW Group”), China’s leading automaker, will debut in the Hongqi Tiangong 05 all-electric sedan, which has been launched in January. This marks a... Read more


ECARX AutoGPT Integrates DeepSeek-R1 Model

Last Trade: 1.91 0.18 10.40

SHANGHAI, Feb. 10, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced a significant upgrade to its ECARX AutoGPT in-vehicle AI large model application with the integration of the DeepSeek-R1 model, resulting in a faster, more secure, and more personalized user experience. This advancement expands AutoGPT's local processing... Read more


Innoviz Technologies Announces Pricing of $40 Million Registered Direct Offering

Last Trade: 1.18 -0.41 -25.79

TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per... Read more


Vision Marine Technologies Appoints Pierre-Yves Terrisse to Board of Directors to Strengthen Financial and Strategic Expertise

Last Trade: 1.16 -0.02 -1.53

Mr. Terrisse has been a trusted advisor and strategic contributor to Vision Marine for the past three years, bringing invaluable financial insight and market expertise as the Company navigated its growth in the electric marine sector. With over 25 years of experience in capital markets, financial analysis, and corporate development, his deep knowledge of the technology and industrial sectors has already played a... Read more


Cenntro Electric Group Completes Delivery of Over 1,000 Autonomous Driving Delivery Vehicles with iChassis Platforms in 2024

Last Trade: 1.01 -0.01 -0.98

Smart Chassis Platform Demand Continues to Drive Expansion in China FREEHOLD, N.J. / Feb 07, 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, today announced that it delivered more than 1,000 autonomous driving delivery vehicles... Read more


WeRide Launches Robovan W5, Pioneering New Class of Autonomous Delivery Vehicle

Last Trade: 15.99 2.19 15.87

GUANGZHOU, China, Feb. 06, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ: WRD), a global leader in autonomous driving technology, today launched the Robovan W5, featuring self-developed Level 4 autonomous technology that operates 24/7 in all weather conditions. It offers long-distance and bulk delivery capabilities integrating vehicle, cloud, and operations to... Read more


Phoenix Motor Announces New Autonomous Vehicle Development for Food and Beverage Delivery

Last Trade: 0.25 0.006 2.49

ANAHEIM, CA / ACCESS Newswire / February 6, 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 initiative to develop autonomous electric vehicles tailored for the food and beverage delivery industry. This initiative will commence with a pilot project in collaboration with a Silicon... Read more


Vision Marine Technologies Files Patent Application for Distributed Control System Architecture in Electric Marine Vessels

Last Trade: 1.16 -0.02 -1.53

Enhancing Efficiency, Scalability, and Performance in High-Voltage Electric Powertrains "Developing an efficient and scalable control system is critical for the future of high-voltage electric propulsion," said Xavier Montagne, Chief Technology Officer at Vision Marine. "This patent application represents a key step in optimizing how powertrain components communicate and function as a cohesive system, reducing... Read more


BorgWarner Reports Full Year 2024 Results, Expects to Deliver Continued Sales Outgrowth, an Adjusted Operating Margin Above 10% and Strong Free Cash Flow in 2025...

Last Trade: 29.34 -0.68 -2.27

AUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full-year results and provided 2025 guidance. Fourth Quarter 2024 and 2025 Guidance Highlights BorgWarner achieved an adjusted operating margin of 10.2% during the fourth quarter, which equated to a U.S. GAAP operating margin of (9.2)%, which includes $646 million of goodwill and fixed asset... Read more


Recent Draganfly Sales and Activities with Policing Agencies Signals Growing Focus on Northern (Canada) Border Security 

Last Trade: 3.25 -0.01 -0.34

Draganfly Confirms Its Strategic & Tactical Positioning and Preparedness for Growing Border Security Demand Amid Global Trade and Security Initiatives Saskatoon, SK., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award‑winning leader in drone solutions and systems development, today confirms through recent sales activities its... Read more


LiveWire Group Reports 2024 Fourth Quarter and Full Year Financial Results

Last Trade: 2.49 -0.17 -6.39

MILWAUKEE / Feb 05, 2025 / Business Wire / LiveWire Group, Inc. (“LiveWire” or the “Company”) (NYSE: LVWR) today reported fourth quarter and full year 2024 results. “In 2024, we undertook several initiatives to navigate the market dynamics and turned challenges into opportunities to reposition the business for 2025. We now expect to reduce our cash burn by 40% or more in 2025 compared to 2024. The Company plans to... Read more


Uber Technologies Announces Results for Fourth Quarter and Full Year 2024

Last Trade: 78.70 4.10 5.50

Gross Bookings grew 18% year-over-year and 21% year-over-year on a constant currency basis Income from operations of $770 million; Adjusted EBITDA of $1.8 billion, up 44% year-over-year Operating cash flow of $1.8 billion; Free cash flow of $1.7 billion SAN FRANCISCO / Feb 05, 2025 / Business Wire / Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter and full year ended... Read more


LeddarTech Announces First OEM Design Win for LeddarVision ADAS Solution

Last Trade: 0.92 0.07 8.24

QUEBEC CITY, Canada, Feb. 03, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, today announced a major milestone: one of the world’s leading commercial vehicle OEMs (original equipment manufacturers) has selected LeddarTech as the... Read more


Vision Marine Technologies Achieves European CE Certification for E-Motion(TM) Equipped Electric Boat

Last Trade: 1.16 -0.02 -1.53

Our "CE" certification is a pivotal step in Vision Marine's European strategy. After numerous successful integrations of the E-Motion™ 180E system into boats produced by European manufacturers, obtaining "CE" certification on this first boat was the logical progression to obtain compliance with the region's rigorous standards. The European marine industry appears to be at the forefront of electric propulsion... Read more


Mobileye Releases Fourth-Quarter and Full-Year 2024 Results and Provides Business Overview

Last Trade: 17.97 1.90 11.82

Revenue decreased 23% year over year to $490 million in the fourth quarter. Full-year financial guidance implies a return to revenue growth in 2025. Diluted EPS (GAAP) was $(0.09) and Adjusted Diluted EPS (Non-GAAP) was $0.13 in the fourth quarter of 2024. Generated net cash from operating activities of $400 million in the year ended December 28, 2024, slightly higher than full-year 2023. Our balance sheet is... Read more


Embotech Collaborates with Outsight and Hesai to Power Technology for Automated Vehicle Marshalling (AVM) Systems

Last Trade: 17.09 0.29 1.73

STUTTGART, Germany, Jan. 28, 2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), Outsight, and Embotech AG announce a strategic collaboration to deliver cutting-edge lidar technology and perception software for Embotech's AVM technology deployed in BMW facilities and known internally at BMW as Automated Driving In-Plant (AFW). This collaboration brings together industry leaders in autonomous driving solutions and... Read more


Cyngn Signs Contract to Deploy DriveMod Tugger at a Major Consumer Packaged Goods Company

Last Trade: 0.13 0.07 115.95

MENLO PARK, Calif., Jan. 28, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) announced that it will be deploying its DriveMod Tugger at a major Consumer Packaged Goods (CPG) distribution company. This deployment reaffirms Cyngn's expanding presence across manufacturing and distribution, highlighting the versatility of its Enterprise Autonomy Suite ("EAS"). This news comes just after Cyngn's recent... Read more


Littelfuse Reports Fourth Quarter and Full Year Results for 2024

Last Trade: 234.72 1.94 0.83

Consistent Execution Drives Fourth Quarter Results In-line with Prior Guidance CHICAGO / Jan 28, 2025 / Business Wire / Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today reported financial results for the fourth quarter and full year ended December 28, 2024: Fourth Quarter 2024 Results Net sales of $530... Read more


Vision Marine Technologies Files Patent Application for Independent Fault Detection Technology

Last Trade: 1.16 -0.02 -1.53

Enhancing Performance and Reliability in Electric Marine Powertrains MONTRÉAL, QC / ACCESS Newswire / January 27, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (NASDAQ:VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office. This application is part of a series of patents filed by Vision Marine to... Read more


Foresight Autonomous: Eye-Net Partners with Industry Leaders to Transform Urban Mobility and Road Safety Across Europe

Last Trade: 0.97 -0.03 -3.30

Ness Ziona, Israel, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), entered into a groundbreaking collaboration with Software République, a consortium of global industry leaders, to integrate and test Eye-Net’s vehicle-to-everything... Read more


Dana Provides Business Update, Announces Preliminary Full-Year 2024 Financial Results and 2025 Guidance; Increases Expected Annualized Total Cost Reduction...

Last Trade: 16.10 0.15 0.94

MAUMEE, Ohio, Jan. 24, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced select, preliminary, unaudited financial results for the full year ended December 31, 2024, presented its financial outlook for 2025, and provided a business update including a simplified organizational structure and the status of the proposed sale of its Off-Highway business and cost-savings actions. Full-Year 2024,... Read more


Cyngn Continues Momentum in Automotive Sector with Several DriveMod Tugger Deployments at Major Automotive Brands

Last Trade: 0.13 0.07 115.95

MENLO PARK, Calif., Jan. 23, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it has continued making notable inroads with the automotive manufacturing sector. To date, the company has conducted DriveMod Tugger deployments at varying stages of maturity with no less than five major automotive Original Equipment Manufacturers (OEMs) or... Read more


Draganfly Secures FAA Waiver for Drone Operations Over People and Moving Vehicles

Last Trade: 3.25 -0.01 -0.34

Rare Urban Environment FAA Waiver Granted to Draganfly for Prescribed Flight Route Over Boston Saskatoon, SK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ‎‎(“Draganfly” or the “Company”), a leader in drone technology and unmanned aerial vehicle (UAV) solutions, an industry-leading drone solutions and systems provider, announced today that it has secured a Federal... Read more


Rail Vision Enters Indian Market with an Agreement to Potentially Supply Safety Systems for Thousands of Locomotives

Last Trade: 0.73 0.08 12.72

Collaboration focuses on major rail safety tenders, targeting the installation of advanced technologies on thousands of locomotives across India Ra’anana, Israel, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, recently announced the signing of a binding Memorandum of... Read more


Hesai Technology Secures Design Wins for Multiple Chery Models, Mass Production to Begin This Year

Last Trade: 17.09 0.29 1.73

SHANGHAI, Jan. 21, 2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar technology, today announced that it has secured design wins for multiple Chery Automobile models. The models are expected to enter mass production in the second half of 2025 and will be equipped with the newest generation of Hesai's ultra-compact high-performance ATX lidar. Chery's vehicle line-up... Read more


Foresight Autonomous Partners with Autonomous Drone Manufacturer Generating $16 Million Revenue Potential in India by 2029

Last Trade: 0.97 -0.03 -3.30

Ness Ziona, Israel, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced the signing of a commercial cooperation agreement with a leading Indian drone manufacturer, a key supplier to the Indian Ministry of Defense. This collaboration aims to integrate Foresight’s advanced 3D... Read more


Foresight Autonomous: Eye-Net Achieves Euro NCAP Compliance Validation from UTAC for its Cellular V2X Solution

Last Trade: 0.97 -0.03 -3.30

The validation was part of Eye-Net’s collaboration with Software République to deploy its advanced digital services in France Ness Ziona, Israel, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”) has successfully passed... Read more


EZGO Technologies Announces Financial Results For Fiscal Year 2024

Last Trade: 0.50 -0.0051 -1.01

CHANGZHOU, China, Jan. 17, 2025 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions provider in China, today announced its audited financial results for the fiscal year ended September 30, 2024 (the "Fiscal Year 2024"). Fiscal Year 2024 Financial Highlights (all results compared to the prior year period unless otherwise... Read more


Volatus Aerospace Selects Draganfly for Transformative Oil & Gas Exploration Pilot Project Using Volatus’ Advanced Bathymetric LiDAR Technology

Last Trade: 3.25 -0.01 -0.34

Volatus also signs with Draganfly as a value-added reseller with a focus on strategic collaboration aiming to enhance efficiency, foster innovation, and unlock new growth opportunities in high-potential energy markets. Saskatoon, SK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an industry leader in drone technology and systems... Read more


Foresight Autonomous Delivers First Batch of Commercial Mass Production Systems to SUNWAY-AI in China

Last Trade: 0.97 -0.03 -3.30

Foresight's supply chain and production lines are now prepared for rapid growth and commercial ramp-up Ness Ziona, Israel, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today a major milestone in its production and commercialization road map, with the delivery of its first batch of... Read more


Vision Marine Technologies Announces Closing of Private Placement

Last Trade: 1.16 -0.02 -1.53

MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQ:VMAR), a leading innovator in electric marine propulsion, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common... Read more


Pony AI Becomes the First Company in China Approved for Autonomous Truck Platooning Tests

Last Trade: 15.02 1.02 7.29

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, has today become the first company in China to receive approval for robotruck platooning tests on cross-provincial highways connecting Beijing, Tianjin, and Hebei Province, marking a major milestone in the Company’s pursuit of... Read more


LiveWire Announces All-new S2 Alpinista™ Electric Sport Standard

Last Trade: 2.49 -0.17 -6.39

The third motorcycle on LiveWire’s S2 platform goes on sale today, with inventory available immediately in North American and European dealers. MILWAUKEE / Jan 15, 2025 / Business Wire / LiveWire, a leader in electric motorcycles, is excited to announce the launch of the all-new S2 Alpinista, now available for purchase with inventory available at North American and European dealers. The Alpinista is LiveWire’s... Read more


Volcon HF1 Arrives at Lithium Powersports in Jacksonville FL

Last Trade: 1.26 -0.24 -16.00

AUSTIN, Texas, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) is happy to confirm that the Volcon HF1 has officially arrived at Lithium Powersports in Jacksonville, FL. This groundbreaking unit is now on display and available for purchase. Lithium Powersports welcomes visitors to experience the Volcon HF1 firsthand, discover its outstanding features, and explore ownership opportunities. Visit... Read more


WeRide Chosen Technology Supplier for New Pilot Project on Autonomous Driving in Switzerland

Last Trade: 15.99 2.19 15.87

ZURICH, Jan. 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ: WRD), a global leader in autonomous driving technology, is the technology provider for an innovative new autonomous driving pilot project in Switzerland. This project is funded by the Canton of Zurich and Swiss national railway Schweizerische Bundesbahnen (SBB) and managed by the Swiss Transit... Read more


Hyliion Purchases M Line Additive Manufacturing Systems from Colibrium Additive to Scale Production of KARNO Generators

Last Trade: 2.06 0.05 2.49

AUSTIN, Texas / Jan 14, 2025 / Business Wire / Hyliion Holdings Corp. (NYSE American: HYLN), a developer of sustainable electricity-producing technology, has taken delivery of their first M Line additive manufacturing system from Colibrium Additive, a GE Aerospace company, to support the production of its revolutionary KARNO™ generator technology. The installation marks the first deployment of an M Line system in the... Read more


Volcon Delivers First HF1 to Off-Grid Pioneer in Colorado

Last Trade: 1.26 -0.24 -16.00

AUSTIN, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) proudly celebrated the delivery of a HF1 to Hal Calvert, the first HF1 customer in Colorado. Hal, who is surrounded by Bureau of Land Management territory on his 80-acre property, uses exclusively sustainable energy sources. Hal chose the Volcon HF1 to maintain his commitment to electric-powered solutions. He reports that he will... Read more


Electrovaya Announces Commencement of Jamestown Battery Manufacturing Facility Capital Purchases and Hiring

Last Trade: 2.55 0.10 4.08

The Company has begun placing initial purchase orders for battery system assembly equipment along with commencing hiring with the goal of starting battery assembly by CY Q2 2025 JAMESTOWN, NY / ACCESSWIRE / January 14, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has begun... Read more


Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System

Last Trade: 1.16 -0.02 -1.53

Safeguarding Advanced Powertrain Technology and Boaters' Data from Third-Party Substitution MONTREAL, QC / ACCESSWIRE / January 14, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office for a groundbreaking Battery Authentication Encryption... Read more

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