Workhorse Group, Inc. CINCINNATI, May 10, 2022 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”) an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today reported financial results for the first quarter ended March 31, 2022. Management Commentary “We are making progress… Continue reading @niche: Workhorse Group Reports First Quarter 2022 Results001863
Category: Automotive
@Nissan: Nissan e.dams ready for classic Formula E double-header in Berlin000741
May 11, 2022 YOKOHAMA, Japan – The Nissan e.dams Formula E Team heads back to Berlin this weekend for Rounds 7 and 8 of the 2021/22 ABB FIA Formula E World Championship. This staple on the Formula E calendar will take place at the historic Tempelhof Airport, where Nissan e.dams took P2 in last season’s… Continue reading @Nissan: Nissan e.dams ready for classic Formula E double-header in Berlin000741
Elon Musk says Tesla open to buying a mining company
By Ernest Scheyder Tesla Inc is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Concern is mounting across the EV industry that there may not be enough supply of lithium,… Continue reading Elon Musk says Tesla open to buying a mining company
@Geely: Geely Automobile Holdings to Acquire 34.02% of the Shares of Renault Korea Motors
Geely Automobile Holdings (Geely Auto, stock code on SEHK: 0175) and Renault Group have reached an agreement into which Geely Auto will subscribe for 34.02% of the shares in Renault Korea Motors (RKM) through a capital increase mechanism. The deal will be subject to the approvals by relevant authorities. This will enhance the collaboration between… Continue reading @Geely: Geely Automobile Holdings to Acquire 34.02% of the Shares of Renault Korea Motors
16:30 ETDana and Lion Electric Co. Announce Long-term Agreement for Electrified SystemsDana Incorporated (NYSE: DAN) announced today that it has confi…
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 16:30 ETDana and Lion Electric Co. Announce Long-term Agreement for Electrified SystemsDana Incorporated (NYSE: DAN) announced today that it has confi…
Canoo warns it may not have enough funds to bring EVs to market
Canoo’s first-quarter earnings shows a company burning through cash, no near-term revenue and a warning that it may not have enough money to stay in business. Shares of Canoo, which were down 5% Tuesday, fell another 17.5% in after-market trading following the release of its earnings. It has since recovered and is now down more… Continue reading Canoo warns it may not have enough funds to bring EVs to market
@GM: General Motors and Red Hat Collaborate to Trailblaze the Future of Software-Defined Vehicles
General Motors and Red Hat Collaborate to Trailblaze the Future of Software-Defined Vehicles Industry leaders intend to redefine the transportation landscape with a continuous functional-safety certified, Linux-based in-vehicle operating system 2022-05-10 BOSTON AND DETROIT, RED HAT SUMMIT – General Motors (NYSE:GM) and Red Hat Inc., the world’s leading provider of open source solutions, today announced… Continue reading @GM: General Motors and Red Hat Collaborate to Trailblaze the Future of Software-Defined Vehicles
Tesla recalls 130,000 vehicles due to CPU overheating, but the fix is again a software update
Tesla issued a new recall affecting almost 130,000 2021 and 2022 vehicles over a problem regarding the CPU of the center screen’s computer overheating. The good news is that the fix is again an over-the-air software update. The automaker has detected a problem where the center display may become laggy due to CPU overheating when… Continue reading Tesla recalls 130,000 vehicles due to CPU overheating, but the fix is again a software update
EV startup Canoo is running out of cash and doubtful about its future
Canoo, the struggling electric vehicle startup, thinks it’s about to run out of money. In stark terms, the company reports that it only has enough cash to last another quarter and is unsure whether it will be able to stay afloat beyond that. “As of the date of this announcement, we are reporting that there… Continue reading EV startup Canoo is running out of cash and doubtful about its future
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