Wednesday - May 14, 2025
Enhanced engagement supports VW's upcoming expansion of level 4 autonomous shuttle operations across selected cities in Europe and the United States Hundreds of ID. Buzz AD shuttles will be equipped with a newly designed suite of Innoviz LiDARs in 2025 ahead of 2026 fleet deployment Volkswagen Autonomous Mobility, with its brand MOIA, will... Read more
AUSTIN, Texas / May 13, 2025 / Business Wire / Hyliion Holdings Corp. (NYSE American: HYLN) (“Hyliion”), a developer of modular power plant technology, today reported financial results for the first quarter ended March 31, 2025, and provided key updates on the development and commercialization of the KARNO™ generator platform. Key Business Highlights Publicly unveiled the KARNO Power Module at Advanced Clean... Read more
Exchangeable for Class A Common Stock of Aurora Innovation, Inc. SAN FRANCISCO / May 13, 2025 / Business Wire / Uber Technologies, Inc. (NYSE: UBER) today announced that it intends to offer, subject to market conditions and other factors, $1.0 billion principal amount of Exchangeable Senior Notes due 2028 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the... Read more
AUSTIN, Texas / May 12, 2025 / Business Wire / Hyliion Holdings Corp. (NYSE American: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced it has signed a non-binding Letter of Intent (LOI) for collaboration with Mesa Natural Gas Solutions (“Mesa”), a leading manufacturer and provider of natural gas generators and microgrids. The LOI outlines a phased demonstration plan for... Read more
REDMOND, WA / ACCESS Newswire / May 12, 2025 / MicroVision, Inc. (NASDAQ:MVIS), a technology pioneer delivering advanced perception solutions in autonomy and mobility, today announced its first quarter 2025 results. Key Business Highlights Established defense industry advisory board to accelerate strategic expansion and pursuit of revenue opportunities in the defense tech and military sectors. Elevated... Read more
Public Safety Innovator Schedules Town Hall to Review First Quarter 2025 Earnings SUNNYVALE, Calif. / May 09, 2025 / Business Wire / Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, announced today that it has joined the Association for Uncrewed Vehicle Systems International (AUVSI). AUVSI is the world’s largest nonprofit organization... Read more
PITTSBURGH / May 08, 2025 / Business Wire / Aurora Innovation, Inc. (NASDAQ: AUR) today announced its first quarter 2025 results. Aurora’s shareholder letter and financial results are available on its investor relations website at ir.aurora.tech. “Aurora’s self-driving trucks are now hauling commercial freight on Texas roads. Autonomous freight is no longer just a vision, it’s a reality,” said Chris Urmson,... Read more
Strongest start to the year ever with record Q1 Gross Bookings and Active Riders growth accelerating Cash flow generation approaching $1 billion for the trailing twelve months Increasing share repurchase program to $750 million SAN FRANCISCO / May 08, 2025 / Business Wire / Lyft, Inc. (Nasdaq:LYFT) today announced strong financial results for the first quarter ended March 31, 2025. "Q1 marked Lyft's 16th... Read more
Vancouver, BC., May 08, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its first quarter financial results. Key Financial and Operational Highlights for Q1 2025: Revenue for the first quarter of 2025 was $1,547,715 which represents a 16% year over year... Read more
Successfully built and deployed 250 new third-generation robots, enhancing operational scale and efficiency Continued geographic expansion into Miami and Dallas metros; Atlanta launch on track First quarter revenue of $440 thousand, a 150% increase versus Q4 2024 Unlocking the value of Serve’s software and data platform; recurring revenue generation expected in Q2 Strengthened balance sheet with $91.5 million... Read more
TAIPEI, May 8, 2025 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2025. First Quarter 2025 Summary Revenue of $63.6 million, down 8.7% year-over-year and down 4.5% on a constant currency... Read more
First Apollo units manufactured with Tier 1 supplier partner Advanced integration into NVIDIA DRIVE platform Secured new customer engagements PLEASANTON, Calif. / May 08, 2025 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the first quarter ended March 31, 2025. Recent Business Highlights The Apollo manufacturing... Read more
PLEASANTON, Calif. / May 07, 2025 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced it has successfully produced the first Apollo lidar sensors from the LITEON manufacturing line in Taipei, Taiwan. This achievement is a key milestone as AEye positions Apollo for high-volume production. Designed to detect objects at highway speeds at an... Read more
Key Milestone as part of Electrovaya's Manufacturing Investment in Jamestown, New York JAMESTOWN, NY / ACCESS Newswire / May 7, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it has commenced battery system assembly operations at its Jamestown, New York facility. These operations will continue to expand with growth in demand... Read more
AUBURN HILLS, Mich., May 7, 2025 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results. First Quarter Results and Business Update BorgWarner's (the "Company") organic sales were relatively flat compared with first quarter 2024, which equated to a U.S. GAAP net sales decrease of approximately 2%. This performance was despite a 3.6% decrease in the Company's weighted light and... Read more
SAN FRANCISCO / May 07, 2025 / Business Wire / Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended March 31, 2025. “We kicked off the year with yet another quarter of profitable growth at scale, with trips up 18% and even stronger user retention,” said Dara Khosrowshahi, CEO. “Supported by the consistent strength of our core business, we continue to build towards the future,... Read more
400V high-voltage coolant heater (HVCH) technology to be used in series of plug-in hybrid electric vehicles HVCH offers flexible and compact design with high thermal power density Marks the company's largest eHeater contract for plug-in hybrid electric vehicles in North America AUBURN HILLS, Mich., May 6, 2025 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and... Read more
GUANGZHOU, China and SAN FRANCISCO, May 6, 2025 /PRNewswire/ -- Pony AI Inc. ("Pony.ai") (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, and Uber Technologies, Inc. ("Uber") (NYSE: UBER), today announced a strategic partnership to deploy Pony.ai's Robotaxis onto the Uber platform. The partnership is expected to first launch in a key market in the Middle East later... Read more
Extension of NRE payment plan announced in December 2024 increases the potential cash payments expected in 2025-2027, further bolstering financial position TEL AVIV, Israel, May 6, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced an... Read more
MONTRÉAL, QUEBEC / ACCESS Newswire / May 6, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion systems, announced today it filed a new U.S. patent application with the United States Patent and Trademark Office for software-driven overload protection of cooling-pump motors integrated within the Company's proprietary E-Motion™... Read more
LOUISVILLE, Colo. / May 06, 2025 / Business Wire / Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the first quarter of 2025. Recent Business Highlights Conducted detailed design of equipment for the planned installation of a continuous manufacturing pilot line for sulfide electrolyte production; commissioning... 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
SAN FRANCISCO & GUANGZHOU, China / May 05, 2025 / Business Wire / Uber Technologies, Inc. (NYSE: UBER), the world’s largest mobility and delivery platform, and WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, today announced a significant expansion of their previously announced strategic partnership, adding 15 additional cities globally over the next five years, including in Europe. This... Read more
SAN FRANCISCO & BEIJING / May 02, 2025 / Business Wire / Uber Technologies, Inc. (NYSE: UBER) and Momenta today announced a strategic agreement to introduce autonomous vehicles to the Uber platform, in international markets outside of the US and China. First deployment for the partnership will take place in Europe at the beginning of 2026, with onboard safety operators. By combining Uber's ridesharing network... Read more
WeRide launches paid commercial Level-4 robobus service in central Guangzhou GUANGZHOU, China, May 02, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has launched a paid commercial service with its Level-4 robobus in central Guangzhou. This marks the city's first fare-charging autonomous bus line in its downtown core — a significant step toward mass... Read more
Arlington, Texas identified as first city to launch May Mobility AVs on the Uber platform later this year The companies aim to quickly scale AV use for ride-hail The news signals May Mobility’s growing leadership as an Autonomy-as-a-Service (AaaS) platform of choice SAN FRANCISCO & ANN ARBOR, Mich. / May 01, 2025 / Business Wire / Uber... Read more
With roundtrip driverless hauls between Dallas and Houston occurring on a regular basis, the company is the first to deploy a self-driving class 8 trucking service in the U.S. DALLAS / May 01, 2025 / Business Wire / Aurora Innovation, Inc. (NASDAQ: AUR) has successfully launched its commercial self-driving trucking service in Texas. Following the closure of its safety case, Aurora began regular driverless... Read more
Tampa, FL, May 01, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ("Draganfly" or the "Company") an industry-leading developer of drone solutions and systems is pleased to announce a strategic teaming agreement with Autonome Labs, a humanitarian tech innovator, to develop an integrated aerial deployment solution for M.A.G.I.C, (Mine and Ground Inert Clearance) Autonome’s... Read more
HOUSTON, TX / ACCESS Newswire / May 1, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced a strategic expansion into the electric drone and watercraft sectors, targeting high-growth verticals across land, air, and sea. The Company plans to develop and acquire divisions focused on commercial and industrial electric drones, along with electric jet drive systems for... Read more
MILWAUKEE / May 01, 2025 / Business Wire / LiveWire Group, Inc. (“LiveWire” or the “Company”) (NYSE: LVWR) today reported first quarter 2025 results. “Recognizing the heavyweight 2-wheel EV market remains limited in size for now, we remain focused on what we can control. Expenses are down by over 30% compared to the prior year same quarter with continued efforts to optimize. We opened four new countries in Europe... Read more
PLEASANTON, Calif. / May 01, 2025 / Business Wire / AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, announced it has appointed Doron Simon to its Board of Directors effective April 29, 2025. Mr. Simon’s appointment is the result of the Company’s commitment to the thoughtful and continuous refreshment of its Board to best meet the evolving needs of AEye. Mr. Simon, age 59,... Read more
GUANGZHOU, China, April 30, 2025 (GLOBE NEWSWIRE) -- The unveiling ceremony for Guangzhou Nansha District's Autonomous Driving Test Base and Smart Transportation Demonstration Zone was held today in Mingzhu Bay. At the event, WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, received the district's first batch of driverless road... Read more
DALIAN, China, April 30, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer of lithium-ion and sodium-ion batteries and electric energy solutions in China, today announced its Q1 2025 market performance for 32140 cylindrical cells, based on the latest findings from the Start Point Institute of Research (“SPIR”, “SPIR Report”). According to... Read more
First Quarter Highlights Sales of $2.4 billion Net income attributable to Dana of $25 million, or $0.17 per share Net income margin of 1 percent Adjusted net income of $19 million, or $0.13 per share Adjusted EBITDA of $188 million Adjusted EBITDA margin of 8.0 percent Operating cash flow was a use of $37 million Cost-savings plan accelerated, targeting $225 million of savings in 2025 MAUMEE, Ohio,... Read more
SHANGHAI, April 30, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended March 31, 2025. “The strong momentum we built throughout 2024 continued to accelerate in the first quarter of 2025, as we further executed on our strategic vision and strengthened our position at the... Read more
NORTON, Mass., April 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal first quarter ended March 29, 2025. First Quarter Highlights Revenue of $7.5 million for the first quarter of 2025, reflecting the Company’s best sales quarter ever, even without any HybridTech Armor® business, versus $5.9 million in the first... Read more
BorgWarner to present its next-generation double-sided cooled (DSC) 800V SiC power module for high-current-density applications on May 16, 2025, at 9:00 am CET Expert-led virtual presentation about a next-generation multi-level traction inverter with clean wave technology AUBURN HILLS, Mich., April 29, 2025 /PRNewswire/ -- BorgWarner is set to showcase its latest technology at the 46th Vienna Motor... Read more
Funding round led by RockCreek and Ascent Funds to advance energy independence and national competitiveness Capital investment into Forge Nano now exceeds $140M; RockCreek joins GM, VW, LG and Hanwha as shareholders DENVER, April 29, 2025 (GLOBE NEWSWIRE) -- Forge Nano, Inc., a technology company pioneering domestic battery and semiconductor innovations, today announced the successful close of $40 million in... Read more
SHANGHAI, April 29, 2025 (GLOBE NEWSWIRE) -- ECARX (Nasdaq: ECX), (“ECARX” or the “Company”), a global automotive technology provider, announced a new phase of its collaboration with Qualcomm Technologies, Inc. Building on their long-term relationship, the two companies will leverage ECARX’s extensive experience in full-stack hardware and software... Read more
First Quarter 2025 Highlights: (Year-over-year comparisons unless otherwise noted) Net sales of $554 million, +3.5%; organic growth contributed +2.9% GAAP diluted earnings per share of $1.75 Adjusted diluted EPS of $2.19, +24% Free cash flow of $43 million, +3%; Cash conversion of 98% Returned $45m to shareholders via dividend and share repurchases CHICAGO / Apr 29, 2025 / Business Wire / Littelfuse, Inc.... Read more
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