Global RV Leader Reveals Key Insights About Consumer Expectations for Motorized Electric RVs ELKHART, Ind., May 12, 2022 /PRNewswire/ — THOR Industries, Inc. (NYSE: THO) announced the release of the company’s North American Motorized Electric RV Study, which explores consumer expectations, key purchase motivators and electric infrastructure development needs. The global RV industry leader is utilizing… Continue reading THOR PUBLISHES NORTH AMERICAN MOTORIZED ELECTRIC RV STUDY RESULTS
Author: PR Newswire Online News
Hyundai Mobis Signs a Strategic Partnership for Software Platform Development
– MOU with the AUTOSAR software platform expert Vector expected to boost software platform competitiveness. – The partnership is a preemptive move for forecasted increase in demand from global clients for software-installed auto components related to autonomous driving and infotainment. SEOUL, South Korea, May 12, 2022 /PRNewswire/ — Hyundai Mobis and Vector have agreed to… Continue reading Hyundai Mobis Signs a Strategic Partnership for Software Platform Development
ATLAS REPORTS FIRST QUARTER 2022 RESULTS
First quarter 2022 financial performance compared to first quarter 2021: Revenue growth of 9.5% to $408.1 million Net earnings of $169.4 million and Diluted EPS of $0.56 Adjusted EBITDA(1) growth of 16.5% to $277.1 million Adjusted diluted EPS(1) growth of 56.0% to $0.39 FFO per diluted share(1) growth of 21.7% to $0.73 Robust balance sheet… Continue reading ATLAS REPORTS FIRST QUARTER 2022 RESULTS
AMERICAN BATTERY FACTORY NAMES FORMER TESLA BATTERY CELL SCALING EXPERT JAMES HERBERMANN VICE PRESIDENT OF MANUFACTURING
“James brings to American Battery Factory incredible perspective and front row experiences in evolving battery cell technology and is the perfect complement to our team as we begin our journey to develop a domestic battery manufacturing ecosystem that will make energy independence and renewable energy a reality for the United States,” said Paul Charles, CEO… Continue reading AMERICAN BATTERY FACTORY NAMES FORMER TESLA BATTERY CELL SCALING EXPERT JAMES HERBERMANN VICE PRESIDENT OF MANUFACTURING
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for April 2022
CHENGDU, China, May 11, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of… Continue reading Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for April 2022
Dana and Lion Electric Co. Announce Long-term Agreement for Electrified Systems
MAUMEE, Ohio, May 10, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has confirmed its strategic supply relationship with current OEM partner Lion Electric Co. to support its line-up of electric buses as well as medium- and heavy-duty trucks. The strategic relationship covers the supply of the electric drive systems, including electric motors,… Continue reading Dana and Lion Electric Co. Announce Long-term Agreement for Electrified Systems
CANOO INC. ANNOUNCES FIRST QUARTER 2022 RESULTS
$300 million in total funding via a committed PIPE from an existing shareholder and an equity purchase agreement with financing partner Yorkville Advisors In addition, the Company has filed a $300 million universal shelf A total of $600 million in accessible capital to optimize the Company’s financial needs to SOP JUSTIN, Texas, May 10, 2022… Continue reading CANOO INC. ANNOUNCES FIRST QUARTER 2022 RESULTS
Hertz and Shelby American Announce Three-Year Custom Car Partnership Beginning with Exclusive 2022 Shelby Mustang Models
The collection includes Mustang Shelby GT500-H fastbacks modified with 900+ horsepower and Ford Shelby Mustang GT-H fastbacks and convertibles, each created specifically for Hertz. The vehicles pay tribute to the original “Rent-A-Racer,” the legendary 1966 Shelby GT350-H, and builds on Hertz’s legacy to give customers the unique opportunity to drive elite, high-performance vehicles they can’t… Continue reading Hertz and Shelby American Announce Three-Year Custom Car Partnership Beginning with Exclusive 2022 Shelby Mustang Models
Hyzon Motors plans to accelerate decarbonization through Repower program
Hyzon’s Repower program to convert used diesel trucks and existing fleets to zero-emission, fuel cell electric vehicles. First commercial launch of Hyzon’s proprietary 200 kW fuel cell through Repower program in North America expected in late 2022. ROCHESTER, N.Y., May 10, 2022 /PRNewswire/ — Hyzon Motors (NASDAQ: HYZN), a global supplier of zero-emissions hydrogen and… Continue reading Hyzon Motors plans to accelerate decarbonization through Repower program
Lucid Motors Announces Launch Plans for Europe; Pricing and Specs for Lucid Air Dream Edition Models
The company also plans to open its first European retail location – the Lucid Studio at Odeonsplatz in Munich, Germany – on May 13, 2022. The luxury retail space will invite customers to experience the brand and its products in the heart of the iconic old town area. The company expects to open additional studios… Continue reading Lucid Motors Announces Launch Plans for Europe; Pricing and Specs for Lucid Air Dream Edition Models