SHANGHAI, China, May 03, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, today announced the launch of multiple intelligent driving and safety features for its Skyland Pro computing platform, which significantly enhance the intelligent driving experience. The new features were previewed during ECARX’s second Tech Day, which was held in... Read more
NORTHAMPTON, MA / ACCESSWIRE / May 2, 2024 / TCPL GES, a wholly owned subsidiary of Tata Cummins Private Limited (TCPL), a 50:50 joint venture of Tata Motors Limited and Cummins Inc. USA, today inaugurated a new state-of-the-art manufacturing facility to produce hydrogen-based Internal Combustion Engines for Medium and Heavy Commercial Vehicles and other low to zero emission technology products in India. The... Read more
AUBURN HILLS, Mich., May 2, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results. Charging Forward Update: BorgWarner has solidified two high voltage hairpin (HVH) eMotor business wins with XPeng, a leading Chinese Smart EV manufacturer, for use on two upcoming SUV models. The contracts include BorgWarner's advanced oil-cooling 800V eMotor systems, comprised of stator and... Read more
BOISBRIAND, QC / ACCESSWIRE / May 1, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leading provider of electric propulsion solutions, announces the filing of a patent application for its innovative method and apparatus for controlling the cooling water system of an electric marine vessel. The patent application addresses the unique challenges of designing and operating... Read more
NORTON, Mass., May 01, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal first quarter ended March 30, 2024. First Quarter Summary Revenue of $5.9 million for the first quarter of 2024 versus $7.1 million in the prior-year period, primarily due to further quality control testing and production staffing challenges Gross... Read more
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a ("Hillcrest" or the "Company"), is pleased to announce that, further to its news releases dated January 31, 2024, February 9, 2024 and April 17, 2024, the Company has closed the third and final tranche of its oversubscribed non-brokered private placement in the amount of 6,762,000... Read more
Research project seeks to utilize a new process for recovering critical battery materials Process can be used on end-of-life automotive batteries as well as manufacturing scrap ANN ARBOR, Mich., April 30, 2024 /PRNewswire/ -- Toyota Motor North America ('Toyota') announces that it has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy's Argonne National... Read more
SHANGHAI, China and SANTA CLARA, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Neusoft Reach Automotive Technology (Shanghai) Co., Ltd., a subsidiary of Neusoft specializing in intelligent vehicle technology, and Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, announced the establishment of a strategic partnership at the Beijing Auto Show. This cooperation is based on the strong resources and... Read more
KULR ONE Space and KULR ONE Guardian Platforms to Integrate Amprius Silicon Anode SA10 Cells SAN DIEGO, April 30, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in safe and high performance energy storage solutions, today announced a leap forward in battery technology tailored for defense and space applications as KULR Technology Group... Read more
Midwestern Retail to Feature Massimo UTV and ATV Products Online and In-Store GARLAND, Texas, April 30, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced it has entered into an ongoing agreement with Fleet Farm, a retailer serving active, outdoor, suburban and farm communities in the Midwest U.S., for... Read more
SAN DIEGO and GUANGZHOU, China, April 30, 2024 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve") (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary energy management and aggregation platform, and Guangzhou Great Power Energy and Technology Corporation ("Great Power)" (NCY: 300438.SZ), a global leader in lithium-ion battery manufacturing... Read more
Solid execution drives Q1 sales above, and EPS in-line with guidance CHICAGO / Apr 30, 2024 / 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 first quarter ended March 30, 2024: Net sales of $535 million were down 12% versus the prior year period, and down... Read more
AUSTIN, Texas / Apr 30, 2024 / Business Wire / Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its first-quarter 2024 financial results. Key Business Highlights Announced that H2 Energy Group has executed a letter of intent to purchase up to 10 KARNO generator units that will... Read more
Sales of $2.7 billion, an increase of $91 million Net income of $3 million, including a $29 million charge related to the announced European hydraulics business divestiture Adjusted EBITDA of $223 million, an increase of $19 million over last year Adjusted EBITDA margin of 8.2 percent, a 50-basis-point improvement compared with 2023 Operating cash flow improved by $68 million compared with last... Read more
Sumitomo Corp, a leading integrated trading company and SMFL, one of the world's premier financial institutions are looking to support Gogoro's global business expansion while creating new business opportunities for Sumitomo Corporation and SMFL. TAIPEI, April 29, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions... Read more
Sumitomo Corporation Power & Mobility, a 100% subsidiary of Sumitomo Corporation and Electrovaya have expanded their sales partnership with a formal supply agreement with the intention to supply battery modules to a leading Japanese construction equipment OEM TORONTO, ON / ACCESSWIRE / April 29, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium ion battery... Read more
Initially available for B2B customers in the city of Kathmandu, Gogoro Battery Swapping is scheduled to be available to consumers later this year. Gogoro's entrance into Nepal is an extension of its India commercialization and utilizes Gogoro's new India-made CrossOver GX250 Smartscooter. KATHMANDU, Nepal, April 26, 2024 /PRNewswire/ -- Nebula Energy and Gogoro Inc (Nasdaq: GGR), a global technology... Read more
BOISBRIAND, QC / ACCESSWIRE / April 26, 2024 / Vision Marine Technologies Inc. (the "Company"), a pioneer in electric propulsion innovation, is pleased to announce the patent filing for its cutting-edge Communication Cryptographic System technology, integral to the E-Motion™ Electric Powertrain components on April 24, 2024. Enabled by high-capacity batteries, this key technology seeks to enhance security for users,... Read more
$1.4 billion investment in Indiana plant brings production of an all-new BEV Toyota adds up to 340 new, sustainable U.S. jobs PRINCETON, Ind., April 25, 2024 /PRNewswire/ -- Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota's commitment to reinvesting profits in its U.S.... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), is making significant strides in advancing its ZVS (Zero Voltage Switching) technology, heralding a new era in power conversion solutions. The company's recent endeavors underscore its commitment to innovation and expansion into diverse applications, propelling it toward commercial success. One notable achievement is the ongoing testing of... Read more
San Diego, CA., April 25, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer is pleased to announce a strategic collaboration with ParaZero Technologies Ltd., (NASDAQ: PRZO) a pioneer in drone safety systems aimed at enhancing the safety and efficacy of UAVs in medical and emergency... Read more
MILWAUKEE / Apr 25, 2024 / Business Wire / LiveWire Group, Inc. (“LiveWire” or the “Company”) (NYSE: LVWR) today reported first quarter 2024 results. “We are pleased with the successful launch of the S2 Mulholland, and with three bikes in market, we are proud that LiveWire is now the #1 on-road electric motorcycle retailer in the U.S. As part of our plans to expand our market leadership, our teams are working on... Read more
Revenue decreased 48% year over year to $239 million in the first quarter due to the significant drawdown of inventory at our Tier 1 customers announced earlier this year. Diluted EPS (GAAP) was $(0.27) and Adjusted Diluted EPS (Non-GAAP) was $(0.07) in the first quarter. Inventory consumption and the expected quarterly cadence of EyeQTM SoC deliveries over the course of 2024 remains on-track with our... Read more
PALO ALTO, Calif., April 24, 2024 /PRNewswire/ -- Marelli, a leading mobility technology supplier to the automotive sector, and Hesai Group (NASDAQ: HSAI), a global leader in automotive-grade lidar today announced a collaboration to integrate Marelli's innovative headlamp design with Hesai's next-generation lidar technology. This unique integration seamlessly blends Hesai's new ATX lidar into Marelli's premium... Read more
Gogoro says JEGO's initial sales show strongest demand for a Smartscooter since the pandemic began with the majority or pre order customers being first time EV buyers. Gogoro expects to realize the fully-paid JEGO preorder revenue in Q2 2024. TAIPEI, Taiwan, April 24, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable... Read more
Tel Aviv, Israel, April 24, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, received a significant purchase order from Draganfly Inc. (Nasdaq: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly”), an industry pioneer in commercial drone technology. This order will... Read more
Squamish, BC., April 24, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer is pleased to announce a memorandum of understanding with Squamish Search and Rescue (SSAR), pursuant to which Draganfly will serve as SSAR’s UAV solutions partner. SSAR is one of the busiest Search and... Read more
Mini Tractor and Mini 125 Go Kart to be Eligible for Sale in a Major U.S. Retailer in its 1,300 Stores Across 13 States GARLAND, Texas, April 24, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced it has entered into an ongoing national agreement with a global omnichannel retailer for its youth... Read more
AV’s Autonomy Retrofit Kit (ARK) and AVACORE software deliver a suite of new single or multi-agent mission capabilities to autonomous systems ARLINGTON, Va. / Apr 23, 2024 / Business Wire / AeroVironment (AV) has introduced its Autonomy Retrofit Kit (ARK) and AVACORE software demonstrating the company’s commitment to advancing autonomy and machine learning capabilities to increase effectiveness of autonomous... Read more
MOUNTAIN VIEW, Calif. & ORLANDO, Fla. / Apr 23, 2024 / Business Wire / Applied Intuition, a Silicon Valley-based vehicle software supplier, and Luminar (Nasdaq: LAZR), a leading global automotive technology company, are partnering to accelerate the development and adoption of advanced driver-assistance systems (ADAS) and automated driving (AD) systems for automakers. In a first step of the partnership, the... Read more
Mullen is dedicated to producing next-generation, American-made EV battery packs Facility is capable of producing 1 GWh per year BREA, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first phase completion of battery line integration at its high energy facility... Read more
Ultra-Compact High-Performance Long-Range Lidar Designed for ADAS Series Production Vehicles Intelligent Rain and Fog Identification PALO ALTO, Calif, April 22, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technologies for autonomous mobility systems, ADAS, and industrial robotics applications, today released its new ultra-wide field of view (FOV), long-range... Read more
Innovative Collaboration Between Draganfly, Doodle Labs, and UXV Technologies Sets New Standards for UAV Operations San Diego, CA., April 22, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer is excited to announce a collaboration with communication experts Doodle Labs, and... Read more
GM Energy's initial product offerings for home customers are now available for purchase through a newly launched e-commerce platform Flexible GM Energy bundle offerings and software integration through GM vehicle brand apps provide customers with greater control over personal energy management between vehicle, home and other products Energy Live platform provides educational resource to learn more about... Read more
Innoviz successfully completed an 18-day test in the harshest winter conditions, demonstrating the robustness and reliability of the InnovizTwo LiDAR and Perception Software TEL AVIV, Israel, April 18, 2024 /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... Read more
REDMOND, Ore., April 18, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced substantial preorders of its next generation Group 27 and GC2 batteries that now include its groundbreaking Vertical Heat Conduction™ (“VHC™”) internal heating technology, a patent-pending innovation representing a... Read more
SHANGHAI, China, April 18, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today announced a strategic partnership with China FAW Group Co., Ltd. (“FAW Group”), China’s leading automaker, to develop next-generation intelligent cockpits for the premium Hongqi brand of vehicles. ECARX and FAW will combine their considerable research and... Read more
Taiwan's leading technology companies introduce clean energy solutions for two-wheel riders including the introduction of 15 new GoStations that use 100-percent clean energy; the introduction of Gogoro's GoShare scooter sharing service, and the expansion of the Gogoro Network in TSMC's headquarters city, Hsinchu City. HSINCHU CITY, Taiwan, April 17, 2024... Read more
Latest generation of pioneering system-on-chip and software already set to enable safety and convenience in 46 million vehicles JERUSALEM / Apr 17, 2024 / Business Wire / Mobileye announced today it has delivered the first production-candidate hardware and software of its new EyeQ™6 Lite system-on-chip to its customers, which will power advanced driver-assistance systems in multiple models launching this year.... Read more
The patented technology is highly beneficial to Foresight’s key markets, particularly the heavy equipment industry, as the integration of thermal cameras ensures precise obstacle detection in challenging weather and dust-filled environments Ness Ziona, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced... Read more
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