Faction and Arcimoto Announce Commercial Teaming and Joint Investment Agreement for Co-Development of Driverless Vehicle Platforms
SAN FRANCISCO & EUGENE, Ore.–(BUSINESS WIRE)–$FUV #autonomousvehicles–Today, Faction Technology, Inc., a self-driving technology provider for low-cost driverless fleets, and Arcimoto, Inc. (NASDAQ: FUV), the leading...
EVgo Inc. Reports First Quarter 2023 Results
Revenue grew to $25.3 million in the first quarter, representing an increase of 229% year-over-year. Network throughput reached 17.9 gigawatt-hours (“GWh”) in the first quarter,...
Fisker Inc. Announces First Quarter 2023 Financial Results
Company delivers first Fisker Ocean Ones in Copenhagen, Denmark and Munich, Germany, establishing delivery process to early customers. Fisker inaugurated its first two customer locations...
Pre-Switch Adds Remote Update and Analysis Features in Pre-Flex AI Soft-Switching SoC to Enable Continual Performance Optimization
embedded digital oscilloscope enables transistor-level analysis SAN JOSE, Calif.–(BUSINESS WIRE)–Pre-Switch®, Inc., the company that has developed the world’s first AI-based forced-resonant, soft-switching technology enabling ultra-efficient...
Atkore Inc. Announces Second Quarter 2023 Results
Net sales of $895.9 million, down 8.8% versus prior year Net income per diluted share decreased by $0.77 versus prior year to $4.31; Adjusted net...
Li-Cycle and Glencore Announce Plans for a Significant European Recycling Hub
Expected to create the first European fully closed-loop solution from lithium-ion battery material inputs to battery-grade products; would be the largest source of recycled battery-grade...
SES Reports First Quarter 2023 Financial Results
BOSTON–(BUSINESS WIRE)–SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric...
SkyWater Technology Reports First Quarter 2023 Results
Record Revenues for Q1 2023 BLOOMINGTON, Minn.–(BUSINESS WIRE)–SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2023,...
Lyft CEO to Participate in Fireside Chat Hosted by J.P. Morgan
SAN FRANCISCO–(BUSINESS WIRE)–Lyft, Inc. (Nasdaq: LYFT) announced today that David Risher, chief executive officer, will participate in a fireside chat at J.P. Morgan’s 51st Annual...
Textron Aviation Brings Peace-of-Mind Technology to the Beechcraft Denali Cockpit
WICHITA, Kan.–(BUSINESS WIRE)–With customer input at the forefront of its product investments, Textron Aviation today announced it is bringing the revolutionary Garmin Emergency Autoland system...
VicOne Join Forces with TomTom to Make the Digital Cockpit Safer by Protecting Drivers’ Data Privacy When Using Integrated In-vehicle Infotainment Systems
Leading automotive technology innovators partner to enable more secure smart cockpit environment to enhance the driver experience DALLAS & TAIPEI, Taiwan–(BUSINESS WIRE)–VicOne, an automotive cybersecurity...
AVIVA and OMNIVISION to Demonstrate Automotive Camera Systems Using ASA Motion Link at AutoSens Detroit 2023
New generation of compact, secure and standards-based camera systems delivering multi-gigabit speeds will drive the automotive industry forward SAN JOSE, Calif.–(BUSINESS WIRE)–AVIVA Links Inc., the...
Fisker Completes First German Vehicle Registration and Opens New Customer Facilities in Munich
Fisker registers the first all-electric Ocean SUV in Germany after the handover of the first vehicle to its new owner in Denmark The First Fisker...
Simulation Model of Industry’s First 1200 V GaN-on-Sapphire Device Released by Transphorm
Device Readies Transphorm’s Innovative Normally-off GaN Platform for Adoption in Next Generation Automotive and 3-Phase Power Systems GOLETA, Calif.–(BUSINESS WIRE)–$TGAN #1200V—Transphorm, Inc. (Nasdaq: TGAN)—global leader...
University of Michigan Solar Car Team Selects Amprius Technologies for Prestigious World Solar Car Challenge
Silicon Anode Batteries to Power Pursuit of World’s Toughest Solar Car Race – 3,000 Kilometer Australian Transcontinental Challenge FREMONT, Calif.–(BUSINESS WIRE)–Amprius Technologies, Inc. (“Amprius” or...
OneRail Launches OneRail Driver, an Application to Streamline and Scale Delivery Operations
New app enables fleet operators to efficiently manage their fleet, increase utilization, and asset-free expansion ORLANDO, Fla.–(BUSINESS WIRE)–#finalmiledelivery—OneRail, a leading provider of last mile omnichannel...
Vontier to Participate in Upcoming Investor Events
RALEIGH, N.C.–(BUSINESS WIRE)–Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced...
Camping World Intends to Acquire I-90 RV, Marking Its Entrance Into the Montana Market
LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), America’s Recreation Dealer, today announced that it intends to acquire I-90 RV in Billings, Montana....
Fisker Delivers First All-Electric Fisker Ocean SUV
The first customer of the all-electric Fisker Ocean SUV took delivery of their new vehicle today in Denmark Fisker Chairman and CEO Henrik Fisker personally...
Sound Credit Union’s Auto Loan Yield Jumped 8% After Implementing Open Lending’s Lenders Protection™, Case Study Finds
Automated decisioning, advanced risk analytics help credit union increase auto loan volume and build community focus following a smooth six-week implementation AUSTIN, Texas–(BUSINESS WIRE)–Open Lending...
Bird Saw More Than 700% Increase in Ridership in Kansas City During 2023 NFL Draft Weekend
MIAMI–(BUSINESS WIRE)–Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today shared results from its exclusive e-scooter partnership for the 2023 NFL Draft...
AEye Announces Appointment of Conor Tierney as Chief Financial Officer
DUBLIN, Calif.–(BUSINESS WIRE)–$LIDR #CFO—AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that Conor Tierney has been appointed Chief Financial...
Orion Engineered Carbons’ Board of Directors Authorizes New Share Repurchase Program
HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has approved a new share repurchase program...
inTEST Receives Nearly $2 million in Orders for Thermonics Chillers for Electric Vehicle Production
MT. LAUREL, N.J.–(BUSINESS WIRE)–inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in...
LCI Industries Issues Annual Corporate Sustainability Report
ELKHART, Ind.–(BUSINESS WIRE)–LCI Industries (NYSE: LCII) which, through its wholly-owned subsidiary, Lippert Components, Inc. (“Lippert”), supplies a broad array of highly engineered components for the...
inTEST Consistent Strong Execution Validated by Revenue Growth of 32.5% Year-over-year in First Quarter 2023
Achieved revenue of $31.9 million, up 32.5% versus the first quarter of 2022, and at upper end of guidance range Strong gross margin of 47.2%...
ZeroNox and Jospong Group Launch World’s Largest Fleet Retrofit Electrification Project
Jospong Group subsidiary Zoomlion’s all-electric refuse truck prototype, powered by ZeroNox technology, takes its first drive at electrification project unveiling. PORTERVILLE, Calif.–(BUSINESS WIRE)–Zero Nox Inc....
Graham Holdings Announces Stock Repurchase Authorization
ARLINGTON, Va.–(BUSINESS WIRE)–Graham Holdings Company (NYSE: GHC) announced today that its Board of Directors has authorized the Company to acquire up to 500,000 shares of...
Carvana Reports Best First Quarter In Company History For Adjusted EBITDA and Total Gross Profit Per Unit
The Nation’s Largest Online Used Auto Retailer Also Announced It Expects To Achieve Positive Adjusted EBITDA in Second Quarter 2023 and Has Already Delivered Previously...
Microvast’s Clarksville, TN Battery Manufacturing Plant Powering Through Final Construction Phases
STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, is in the...