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
Author: PR Newswire Online News
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
World remiere of the new battery electric Freightliner eCascadia
Extensive development and rigorous testing through several prototypes and customer-tested trucks, resulted in a powerful and efficient battery electric truck with multiple battery and drive axle options, providing a typical range of 230 miles (depending on vehicle configurations)1. The eCascadia is ideally suited for short-haul routes that allow for depot-based charging, examples of which include… Continue reading World remiere of the new battery electric Freightliner eCascadia
BOLLINGER MOTORS SELECTS ROUSH AS MANUFACTURING SUPPLIER
“We will be building state-of-the-art vehicles from day one right here in Michigan,” said Robert Bollinger, founder and CEO of Bollinger Motors. “Roush has significant engineering and assembly history, and we’re excited to work with them to provide our commercial fleet customers with exceptional electric vehicles.” “Roush will help us to hit our quality and… Continue reading BOLLINGER MOTORS SELECTS ROUSH AS MANUFACTURING SUPPLIER
TROPOS MOTORS, A LEADING ELECTRIC LIGHT COMMERCIAL VEHICLE OEM, COLLABORATING WITH COX AUTOMOTIVE TO ELEVATE THE CUSTOMER EXPERIENCE
“We are excited to partner with Cox Automotive and raise the bar for the customer experience. We are working to provide a higher level of pre-sale and after-sale service and support that has never been available before with this class of vehicle to date,” said John Bautista, Founder and CEO of Tropos Motors. “We pride… Continue reading TROPOS MOTORS, A LEADING ELECTRIC LIGHT COMMERCIAL VEHICLE OEM, COLLABORATING WITH COX AUTOMOTIVE TO ELEVATE THE CUSTOMER EXPERIENCE
Lordstown Motors Reports First Quarter 2022 Financial Results
LORDSTOWN, Ohio, May 9, 2022 /PRNewswire/ — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), an original equipment manufacturer (OEM) of electric light duty trucks focused on the commercial fleet market, today released its first quarter 2022 financial results and provided a business update. First Quarter and Recent Key Business Highlights Ending cash balance of $204… Continue reading Lordstown Motors Reports First Quarter 2022 Financial Results
LION ELECTRIC RELEASES FIRST ANNUAL ESG REPORT
MONTREAL, May 6, 2022 /PRNewswire/ – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced at its annual shareholder meeting, that it released its first annual Environmental, Social and Governance (“ESG”) report, a document that provides an overview of the… Continue reading LION ELECTRIC RELEASES FIRST ANNUAL ESG REPORT