Lightning Strikes Across America: Customer Deliveries Now Stretch Across All 50 U.S. States
DEARBORN, Mich.–(BUSINESS WIRE)–That was quick – lightning quick. In just two months, Ford has delivered electric F-150 LightningTM trucks to customers in all 50 U.S....
Mayville Engineering Company, Inc. Announces Second Quarter 2022 Results
Company Produces Significant Bottom Line Growth and Reiterates 2022 Guidance MAYVILLE, Wis.–(BUSINESS WIRE)–Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added...
Faraday Future Reveals New Manufacturing Updates and Introduces ‘FF ieFactory California,’ the Official Name of Its Hanford, Calif. Manufacturing Plant
Further progress has been made in all production areas at the ‘ieFactory’ as FF marches to start of production Continued production-intent vehicle builds along with...
Ingevity reports second quarter 2022 financial results
HIGHLIGHTS: (comparisons versus prior year period) Company delivered record sales of $419.9 million, up 17.2% Net income of $59.8 million and diluted earnings per share...
Ingevity to acquire leading pavement marking materials business, Ozark Materials
NORTH CHARLESTON, S.C.–(BUSINESS WIRE)–Ingevity Corporation (NYSE:NGVT) today announced it has reached an agreement to acquire privately-owned Ozark Materials, LLC and Ozark Logistics, LLC (“Ozark Materials”)...
Ingevity enters battery electric vehicle market, invests $60 million in lithium-ion anode materials producer, Nexeon, and secures future activated carbon supply relationship
NORTH CHARLESTON, S.C.–(BUSINESS WIRE)–Ingevity Corporation (NYSE:NGVT) today announced that it has invested $60 million to acquire an equity stake in Nexeon Limited (“Nexeon”) in a...
Food and Distribution Fleets Choose Allison’s 3414 Regional Haul Series™ Transmission
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that the award-winning Allison 3414 Regional Haul Series™ fully automatic transmission is now running in three of the...
Allego Announces Participation at Needham’s 11th Annual Virtual Industrial Tech, Robotics, & Clean Tech 1×1 Conference
ARNHEM, Netherlands & PARIS & NEW YORK–(BUSINESS WIRE)–Allego N.V. (“Allego”) (NYSE: ALLG), a leading pan-European public electric vehicle fast-charging network, today announced that Chief Financial...
Xcel Energy Announces Transportation Vision to Power All Vehicles With Carbon-Free Energy By 2050
New 2050 vision expands ambitious 2030 goals supporting clean, affordable transportation MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy today announced a new transportation vision that drives toward providing the...
ComEd, Metropolitan Mayors Caucus Award Grants to 21 Communities to Expand Clean Transportation, Public Safety Initiatives
2022 Powering Safe Communities Program Awards Over $170,000 for Electric Vehicle Charging and Public Safety Projects Across Northern Illinois DEKALB, Ill.–(BUSINESS WIRE)–ComEd today joined the...
Polaris Off-Road 2023 Lineup Highlighted by Rider-Inspired Updates, Dynamic New Trims & Industry-First Connected Vehicle Features
New RIDE COMMAND+ Enhances the Ownership Experience with Connected Vehicle Features, Provides Convenient Access to Vehicle’s Health and Location via Smartphone or Mobile Device New...
CoLab Software Hires Seasoned SaaS Leader Jason McDermott as Chief Sales Officer
ST. JOHN’S, Newfoundland and Labrador–(BUSINESS WIRE)–CoLab, the world’s first Design Engagement System for mechanical engineering teams, has brought veteran SaaS leader Jason McDermott on board...
Harris Williams Advises Crash Champions on its Growth Investment from Clearlake Capital Group, L.P. and its Merger with Service King Collision
RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Crash Champions, a portfolio company of A&M Capital Opportunities...
Contract Leasing Corporation Announces Acquisition by Wafra
NEW YORK–(BUSINESS WIRE)–Contract Leasing Corporation (“CLC”), a leading regional trailer and intermodal chassis lessor, today announced its acquisition by funds advised by Wafra Inc. (“Wafra”),...
H.B. Fuller Announces the REVEAL of a Custom GorillaPro® Ultimate Service Truck Built by Richard Rawlings of Gas Monkey Garage® at the City of Sturgis Motorcycle Rally, August 5 – 14, 2022, in Sturgis, South Dakota
ST. PAUL, Minn.–(BUSINESS WIRE)–H.B. Fuller (NYSE: FUL) today announces the schedule for the REVEAL of the new GorillaPro® Ultimate Service Truck built by Richard Rawlings...
Blinker Secures Capital Raise and Licensing Agreement from Flagship Credit Acceptance
DENVER–(BUSINESS WIRE)–Today, Blinker, an automotive e-commerce technology and services company, and Flagship Credit Acceptance, a leading auto-finance provider managed by funds controlled by Perella Weinberg...
Mercedes-Benz USA Launches New Mercedes-EQ Experience Training Program
Designed to empower dealership and corporate employees to lead the charge for electrification and to be advocates for the brand ATLANTA–(BUSINESS WIRE)–Today, Mercedes-Benz USA (MBUSA)...
KKR Agrees to Sell Minnesota Rubber and Plastics to Trelleborg in Another Win for Employees
MINNEAPOLIS & NEW YORK–(BUSINESS WIRE)–#KKR–KKR, a leading global investment firm, today announced the signing of an agreement to sell Minnesota Rubber and Plastics (“MRP” or...
Advent Technologies Announces Date for Second Quarter 2022 Earnings Call
Company to Report Q2 2022 Results on August 9, 2022 BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in...
Transphorm to Announce Fiscal 2023 First Quarter Financial Results and Host Business Update Call on August 15th at 5:00pm ET
GOLETA, Calif.–(BUSINESS WIRE)–Transphorm, Inc. (NASDAQ: TGAN)—a pioneer in and global supplier of high-reliability, high-performance gallium nitride (GaN) power conversion products, announced today it will host...
Cyngn Schedules 2022 Second Quarter Financial Results Release and Conference Call
MENLO PARK, Calif.–(BUSINESS WIRE)–$CYN #autonomousvehicles—Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced...
AirPro Diagnostics to Integrate with CCC® Diagnostics
Collision Repairers Gain Access to More Options to Digitally Capture Scan Information in CCC ONE® CHICAGO–(BUSINESS WIRE)–CCC Intelligent Solutions (CCC), the SaaS platform powering the...
EFG Names Industry Leader to Expand Its Training, Compliance and Recruiting Capabilities
DALLAS–(BUSINESS WIRE)–#AutoDealers—EFG Companies today announced automotive industry sales and operations leader Kim Kotz Carroll has joined the company as Vice President of Training and Recruiting....
Bolder Industries and Liberty Tire Formalize Partnership to Advance Circularity in the U.S. Market
Bolder’s Terre Haute facility will process an estimated 3 million end-of-life tires from Liberty’s feedstock by the end of 2023 BOULDER, Colo.–(BUSINESS WIRE)–Bolder Industries, Inc.,...
Cummins Reports Second Quarter 2022 Results
Second quarter revenues of $6.6 billion; GAAP1 Net Income of $702 million (10.7 percent of sales) EBITDA in the second quarter was 16.0 percent of...
Uber Announces Results for Second Quarter 2022
Gross Bookings reached an all-time high of $29.1 billion, up 33% year-over-year Net loss of $2.6 billion with a $1.7 billion net headwind relating to...
LCI Industries Reports Second Quarter Financial Results
Executing on diversification strategy to drive outperformance Second Quarter 2022 Highlights Net sales of $1.5 billion in the second quarter, up 40% year-over-year Net income...
Positive Energy Selects Veritone for Predicting the Remaining Useful Life of Electric Vehicle Batteries
Leveraging Veritone AI, Positive Energy can effectively extend sustainability efforts by reliably repurposing EV batteries for second-life applications DENVER–(BUSINESS WIRE)–Veritone, Inc. (NASDAQ: VERI), creator of...
Cazoo Announces Second Quarter and First Half 2022 Financial Results
Q2 Revenues up 145% YoY with record unit sales and significant improvement to UK Retail GPU Record revenues of £333m in Q2, up 145% YoY...
Myers Industries Reports 2022 Second Quarter Results
Achieves Record Quarterly Results and Drives Seventh Consecutive Quarter of Double-Digit Top-Line Expansion Raises Full Year Fiscal 2022 Outlook for both Revenue and Earnings AKRON,...