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
Tag: Financial Results
Apple supplier Foxconn cautious on 2022 revenue outlook
Earlier Foxconn, the world’s largest contract electronics maker, reported a 20% jump in third-quarter profit. Apple supplier Foxconn forecast on Friday that a global chip shortage would run into the second half of 2022 and its fourth-quarter revenue for electronics, including smartphones, would fall more than 15%. Chairman Liu Young-way said during a conference call… Continue reading Apple supplier Foxconn cautious on 2022 revenue outlook
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
@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
Lordstown Motors delays Endurance EV pickup after announcing Foxconn deal
Cash-strapped EV startup Lordstown Motors is delaying the launch of its electric pickup truck, the Endurance, one day after announcing the sale of its Ohio factory to iPhone assembler Foxconn. Lordstown Motors said Thursday that it now plans to ship the Endurance in the third quarter of 2022, not the second as previously targeted, because… Continue reading Lordstown Motors delays Endurance EV pickup after announcing Foxconn deal
How Toyota sneakily spreads anti-EV propaganda in Japan
(The following article was sent to us by a concerned Japanese resident who wishes to remain anonymous.) Remember the first electric Toyota RAV4? Probably not. The early attempt at an EV barely had a range of 100 miles and Toyota sold very few of them. Back in 2010, Toyota and Tesla jointly worked on a… Continue reading How Toyota sneakily spreads anti-EV propaganda in Japan
Analysis-Musk’s Tesla sales cause a stir, but billionaires sell stock all the time
NEW YORK, Nov 11 (Reuters) – If trading in the shares of Amazon, Microsoft, Facebook and other billionaire-owned companies is any indication, Tesla co-founder Elon Musk unloading part of his stake in the company may not be bad for the electric carmaker’s shares over the long term. Musk, who sold roughly $5 billion worth Tesla… Continue reading Analysis-Musk’s Tesla sales cause a stir, but billionaires sell stock all the time
Flex-fuel engines to be made mandatory in coming days: Gadkari
Union Transport Minister Nitin Gadkari Union Transport Minister Nitin Gadkari on Thursday stressed on the use of ethanol in vehicles as a cost effective and pollution-free substitute to other fuels, and said flex-fuel engines will be made mandatory in the coming days. The flex-fuel, or flexible fuel, is an alternative fuel made with a combination… Continue reading Flex-fuel engines to be made mandatory in coming days: Gadkari