LOS ANGELES, Nov. 11, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today reported financial results for the quarter ended September 30, 2021. Third quarter 2021 revenues were $357 thousand Third quarter 2021 net income was $34.9 million and operating loss was… Continue reading @niche: Xos, Inc. Reports Third Quarter 2021 Results001410
Tag: Mobility
@niche: Charging Ahead: Introducing Our New Battery System, the Lyra Series™001409
Batteries are at the heart of every vehicle we produce. Range, charging speeds, durability, efficiency, and cost all come into play when we develop our battery systems. Xos batteries are specifically designed from the ground up to perform under the demands and rigors of commercial use. Our battery engineering team is always looking for the… Continue reading @niche: Charging Ahead: Introducing Our New Battery System, the Lyra Series™001409
@niche: Press Lordstown Motors Reports Third Quarter 2021 Financial Results001409
LORDSTOWN, Ohio, Nov. 11, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), a provider of electric light duty trucks focused on the commercial fleet market, today released its third quarter 2021 financial results, and provided a business and financial outlook update. Third Quarter and Recent Key Business Highlights Reported third… Continue reading @niche: Press Lordstown Motors Reports Third Quarter 2021 Financial Results001409
Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
VANCOUVER, BC, LONDON and GLASGOW, Scotland, Nov. 11, 2021 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP)(TSX: BDLP), a world leader in the design and manufacturing of PEM fuel cell engines for medium- and heavy-duty vehicles, today announced the acquisition of Arcola Energy, a UK-based systems engineering company specializing in hydrogen fuel cell powertrain and vehicle… Continue reading Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
Hyundai Motor Group establishes US UAM subsidiary ‘Supernal’ in Washington
Supernal is planning to introduce a fully electrified UAM model in 2028 and regional air mobility (RAM) for intercity operations in 2030. Hyundai Motor Group confirmed the name of its urban air mobility (UAM) subsidiary in Washington DC, the US as ‘Supernal‘ and will speed up the UAM business. Hyundai Motor Group set up the… Continue reading Hyundai Motor Group establishes US UAM subsidiary ‘Supernal’ in Washington
Grab’s revenue slips by 9% in Q3 2021 as mobility takes back seat
Meanwhile, Grab’s adjusted operating loss for the third quarter widened by 66% to US$212 million. Go to Source
Grab Reports Third Quarter 2021 Results
Gross Merchandise Value (“GMV”) reached a new quarterly record of $4.0 billion, up 32% year-over-year (“YoY”) in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user [1] on Grab’s platform grew 43% YoY to hit a record high… Continue reading Grab Reports Third Quarter 2021 Results
Kia teases Concept EV9 – a manifestation of its vision as a sustainable mobility solutions provider
The first visuals of the concept SUV show an ultramodern exterior design, the schematics of which hint at a contemporary recreational treatment that’s brought to the fore by an upright and capable stylistic stance. The renderings illustrate a highly conceptual cabin that has been honed to give the driver and passengers a light, flexible and… Continue reading Kia teases Concept EV9 – a manifestation of its vision as a sustainable mobility solutions provider
BlueWing Motors, a Green Smart Mobility Startup, Signs MOU with Indonesia’s UNS for Joint Ventures and Technology Exchanges for Two-wheelers
Under the MOU, BlueWing Motors will make inroads into Indonesia, where government-led policies are currently being implemented to reduce the nation’s greenhouse gas (GHG) emissions, to convert two-wheelers into electric vehicles. Through its collaboration with UNS, BlueWing Motors will be able to participate in state-led projects in Indonesia, such as those aimed at converting fuel-powered… Continue reading BlueWing Motors, a Green Smart Mobility Startup, Signs MOU with Indonesia’s UNS for Joint Ventures and Technology Exchanges for Two-wheelers
@Daimler: 11. Nov 2021Daimler Truck is ready for stock market listing on December 10th – unlocking its full potential
Karin Rådström, responsible for the regions Europe and Latin America and the brand Mercedes-Benz, explained that – despite some extraordinary challenges for the industry – Mercedes-Benz is making good progress to drive the segment’s turnaround: Personnel cost reduction programs worth €280 million are already halfway through and the organization is becoming leaner by reducing the… Continue reading @Daimler: 11. Nov 2021Daimler Truck is ready for stock market listing on December 10th – unlocking its full potential