Electric Last Mile Closes Business Combination; Common Stock Expected to Begin Trading on Nasdaq as “ELMS” on June 28, 2021

TROY, Mich. & DELRAY BEACH, Fla.–(BUSINESS WIRE)–Electric Last Mile, Inc. and Forum Merger III Corporation (Nasdaq: FIII, FIIIU, FIIIW) (“Forum”) today announced the completion of the companies’ previously announced business combination. The business combination was approved by Forum stockholders on June 24, 2021. The merger has resulted in Electric Last Mile Solutions, Inc. (“ELMS” or […]

FREYR Appoints Global Head of Investor Relations

NEW YORK & OSLO, Norway–(BUSINESS WIRE)–FREYR AS (FREYR), the Norway-based developer of clean, next-generation battery cell production capacity is pleased to announce the appointment of Jeff Spittel as VP of Investor Relations to lead global shareholder engagement as the company executes its growth strategy founded on rapid scaling of clean, next-generation and low-carbon battery cell […]

United States Electric Vehicle (EV) Market Report 2021-2025 with Market Position of BMW, Daimler, Ford, GM, Honda, Hyundai, Renault, Tesla, Toyota & Volkswagen – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Electric Vehicle (EV) Market in US 2021-2025” report has been added to ResearchAndMarkets.com’s offering. The electric vehicle (EV) market in the US is poised to grow by 1736.13 thousand units during 2021-2025, decelerating at a CAGR of almost 45% during the forecast period. The market is driven by government subsidies and incentives and […]

Polaris Schedules Second Quarter 2021 Earnings Call and Webcast

MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2021 financial results on Tuesday, July 27, 2021, and will hold a conference call and webcast at 9:00 a.m. central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief Executive Officer and […]

J.D. Power and LMC Automotive U.S. Automotive Forecast for June 2021

New-Vehicle Demand Remains Red Hot in June, but Low Inventory Cools Sales Pace TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for the month of June are expected to show growth over June 2020 and June 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new […]

CarMax Reports Record First Quarter Fiscal 2022 Results

RICHMOND, Va.–(BUSINESS WIRE)–CarMax, Inc. (NYSE:KMX), the nation’s largest and most profitable retailer of used cars, today reported results for the first quarter ended May 31, 2021. Highlights: Diversified business model delivered record net revenues of $7.70 billion, up 138.4% compared with the prior year first quarter and up 43% over a record first quarter fiscal […]

Rockwell Automation to Expand Industrial Cloud Software Offering with Acquisition of Plex Systems

Plex Systems’ leading subscription-based smart manufacturing platform accelerates customers’ digital transformation and improves visibility into end-to-end production systems with easy-to-deploy, cloud-native solutions Rockwell to acquire Plex Systems for $2.22 billion in cash Plex is the leading pure software-as-a-service, cloud-native smart manufacturing platform operating at scale Plex provides leading applications in manufacturing execution, supply chain visibility, […]

Pony.ai Appoints Lawrence Steyn as Chief Financial Officer

JP Morgan Executive to accelerate its commercial growth and global deployment FREMONT, Calif.–(BUSINESS WIRE)–U.S.-China-based Pony.ai, a leading autonomous driving technology company, announced today that Lawrence Steyn, currently Vice Chairman of Investment Banking at JP Morgan, will join the company as Chief Financial Officer. Mr. Steyn will bring his nearly three decades of leadership in the […]

Mister Car Wash Announces Pricing of Initial Public Offering

TUCSON, Ariz.–(BUSINESS WIRE)–Mister Car Wash, Inc. (“Mister Car Wash”) today announced the pricing of its initial public offering of 37,500,000 shares of its common stock, with 31,250,000 shares being offered by Mister Car Wash and 6,250,000 shares being sold by selling stockholders, which include entities affiliated with Leonard Green & Partners, at a public offering […]

EV/AV Report: June 28, 2021

Toronto, Ontario — In this week’s EV/AV Report, Audi announces it will only launch all-electric models beginning in 2026 and Brampton becomes the first municipality in Ontario to use an electric-powered fire truck. Meanwhile, a new study shows many Canadians are concerned about autonomous vehicles.  Combustion Engine Expiry Date Set Starting in 2026, Audi will […]