Prices of commercial vehicles are on the rise, there is major supply chain disruption, and consumers demand ever-faster deliveries. At the same time, regulations everywhere are pushing for the uptake of electric vehicles (EVs) and profit margins are getting tighter. The eCommerce boom wrought by the pandemic is here to stay. Global retail eCommerce sales… Continue reading Fleets are under pressure. What if those challenges could become opportunities?
Tag: Mobility
Hyzon Motors, Inc. Announces Third Quarter 2021 Financial and Operational Results with Significant Milestones Achieved and Building Momentum Across Asia, Europe and North America
ROCHESTER, N.Y., Nov. 12, 2021 /PRNewswire/ — Recent Business Highlights Received the first two purchase orders, for 62 trucks in total, pursuant to terms of the previously announced MOU to supply Shanghai Hydrogen Hongyun Automotive Announced a new strategic partnership with TC Energy, formerly TransCanada Corporation, for a broad, multi-year collaboration intended to leverage TRP’s… Continue reading Hyzon Motors, Inc. Announces Third Quarter 2021 Financial and Operational Results with Significant Milestones Achieved and Building Momentum Across Asia, Europe and North America
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for October 2021
CHENGDU, China, Nov. 12, 2021 /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 October 2021.… Continue reading Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for October 2021
Honda Motor Adopts Oracle Cloud ERP to Automate and Standardize Indirect Purchasing
TOKYO, Nov. 12, 2021 /PRNewswire/ — Oracle Corporation Japan announced that it is helping Honda Motor improve the efficiency of its procurement for operations in Japan with Oracle Fusion Cloud Enterprise Resource Planning (ERP), optimizing the procurement cost of indirect materials. Honda and its group companies are adopting Oracle Fusion Cloud Procurement, part of Oracle Cloud ERP, to consolidate… Continue reading Honda Motor Adopts Oracle Cloud ERP to Automate and Standardize Indirect Purchasing
Uber: Uber to Host Investor Day in February 2022
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its fourth quarter and full-year 2021 financial results on Wednesday, February 9, 2022, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The following day on February 10, 2022, Uber will host an Investor Day with financial analysts and institutional… Continue reading Uber: Uber to Host Investor Day in February 2022
GM Defense is planning a military prototype based off the GMC Hummer EV
General Motors recently shared that it is speaking with the US military about building an electric Light Reconnaissance Vehicle (eLRV) prototype based off the GMC Hummer EV. The eLRV prototype planned for 2022 will be developed by GM Defense as a modified version of the Hummer EV, to fit US Army specifications. The GMC Hummer… Continue reading GM Defense is planning a military prototype based off the GMC Hummer EV
@niche: Xos, Inc. Reports Third Quarter 2021 Results001410
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
@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