Volta Inc. Provides Business Update

– Company Expects to Report Fourth Quarter and Full Year 2021 Revenue of approximately $12 Million and $32 Million, respectively – – Expects First Quarter 2022 Revenue to Range from $8 million to $8.5 Million – – Provides Full Year 2022 Revenue Outlook of $70 million to $80 Million – – Expects Form 10-K Filing […]

Diono Monterey 5iST FixSafe Booster Wins International Red Dot Design Award

SEATTLE–(BUSINESS WIRE)–Global car seat brand Diono today announced its Monterey 5iST FixSafe expandable booster seat has been recognized with a prestigious 2022 Red Dot Design Award for innovation in product design for babies and children. Recognized as the gold standard in worldwide design excellence, Red Dot’s 50-person jury of international design experts selected the Monterey […]

MEC Announces Retirement Plan of CEO Robert D. Kamphuis

Kamphuis to Retire on September 30, 2022 After 17 years as CEO MAYVILLE, Wis.–(BUSINESS WIRE)–Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket services, today announced that Robert D. Kamphuis has informed the company of his […]

Global Traffic Technologies Announces New President, Terry Griffith

ST. PAUL, Minn.–(BUSINESS WIRE)–Global Traffic Technologies (GTT) is pleased to announce that it has named Terry Griffith as its new president, effective March 2022. Griffith previously served as senior vice president of sales and marketing at GTT. Griffith is an accomplished business leader with a track record of maximizing profitability and creating new business opportunities […]

indie Semiconductor Provides Business Update

On Track to Achieve High End of Q1 Revenue Guidance Range; Plans to File 2021 10-K within the SEC Extension Window and Report Quarterly Results in May ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that given stronger than expected orders, the Company plans to deliver first quarter revenue at […]

Fisker Passes 40,000 Reservations for Fisker Ocean SUV and Will Open Pre-Orders for Limited-Edition Fisker Ocean One on July 1, 2022

Fisker has exceeded 40,000 reservations for the Fisker Ocean SUV. The company will open pre-order reservations for the limited-edition Fisker Ocean One on July 1, 2022, due to anticipated demand. Fisker does not expect to raise prices because of inflationary or commodity-cost pressures through 2023. LOS ANGELES–(BUSINESS WIRE)–#EVs—Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator […]

Helbiz to Announce Full Year 2021 Results on April 14, 2022

NEW YORK–(BUSINESS WIRE)–#Helbiz–Helbiz Inc. (“Helbiz”) (NASDAQ: HLBZ), a global leader in micro-mobility and the first company in its industry to be publicly listed on Nasdaq, today announced that it will report full year 2021 results after the market closes on April 14, 2022. Prior to the webcast, Helbiz will issue a press release reporting these […]

NI Extends Leadership Position in Electric Vehicle Testing with Acquisition of Kratzer Automation AG’s Test Systems Business

AUSTIN, Texas–(BUSINESS WIRE)–NI (Nasdaq: NATI) today announced it has entered into a definitive agreement to purchase the test systems business of Kratzer Automation AG, a European leader in providing holistic customer solutions for electrification (EV). This agreement further expands NI’s investment in the high growth area of vehicle electrification and enhances customer connections with key […]

Allison Transmission Completes Acquisition of AVTEC’s Off-Highway Transmission Portfolio and Component Machining Business

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission today announced it has completed the acquisition of India-based AVTEC Ltd.’s off-highway transmission business and AVTEC’s Madras Export Processing Zone (MEPZ) off-highway component machining business. The deal, which was first announced on September 16, 2021, has officially closed as of yesterday. “This acquisition will position Allison’s product portfolio for strategic growth in […]

Foundation Automotive Acquires SOUTHFORK CDJR in Houston, TX., Their 30th Dealership

HOUSTON–(BUSINESS WIRE)–Foundation Automotive Corp. is pleased to announce the addition of SOUTHFORK Chrysler Dodge Jeep Ram to their rapidly growing automotive group. SOUTHFORK, located on the South Freeway in the Manvel-Pearland, TX area, is the 30th dealership for Foundation, with more to come in 2022. SOUTHFORK represents the largest volume from a single store in […]