Cenntro Electric Group Expands Global Production Capacity with Acquisition of Advanced Manufacturing Facility in China

Production Capacity of 50,000 Vehicles Annually Once 474,000 Square Foot Facility Becomes Fully Operational FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or the “Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the acquisition of a new manufacturing facility in Changxing, Huzhou City, China, for a purchase price […]

Faraday Future Reports Financial Results for Fourth Quarter and Full Year 2021

– Continued Progress at Hanford Manufacturing Facility – – Launch of Community Outreach and Jobs Fair for Hanford Hiring Program – – Announcement of Munro & Associates as Co-Creation Partner – – Additional Tier 1 Supplier Announcements – LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“FF”, “Faraday Future”, or “the Company”), a California-based […]

AEye Reports First Quarter 2022 Results

Strong Revenue Growth; On Track to Achieve 2022 Financial and Commercial Goals DUBLIN, Calif.–(BUSINESS WIRE)–$LIDR #earnings–AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced its results for the first quarter, ended March 31, 2022. Blair LaCorte, Chief Executive Officer of AEye, said, “We had a strong start to the fiscal […]

Helbiz to Announce Q1 2022 Results on May 16, 2022

NEW YORK–(BUSINESS WIRE)–$HLBZ–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 first quarter 2022 results after the market closes on May 16, 2022. Prior to the call, Helbiz will issue a press release reporting these […]

Ryder Confirms Receipt of Unsolicited Indication of Interest from HG Vora

MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today confirmed that it has received an unsolicited indication of interest from HG Vora Capital Management, LLC to acquire all of the outstanding shares of Ryder not currently owned by HG Vora for $86.00 per share in cash. […]

North American Class 4-8 Truck Engine Replacement Growth Opportunities Report 2022 with Supplier Profiles of Cummins, Detroit Engines, PACCAR, Volvo, Reviva, Jasper Engine and Transmission – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North American Class 4-8 Truck Engine Replacement Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. The research service on the class 4-8 replacement engine aftermarket in North America forecasts the market size from 2022 to 2028. The base year is 2021, and the study period is 2018 to 2028. This study analyzes […]

MiddleGround Capital Completes Third Add-on Acquisition of Haltech for Its Race Winning Brands Platform

LEXINGTON, Ky.–(BUSINESS WIRE)–#middlemarket–MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition Haltech Engine Management Systems (“Haltech”) through its platform Race Winning Brands (“RWB”). Haltech is a designer, manufacturer, and distributor of automotive aftermarket engine management electronics, […]

Herc Holdings Inc. Announces Quarterly Dividend of $0.575 per share

BONITA SPRINGS, Fla.–(BUSINESS WIRE)–The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on May 27, 2022, with a payment date of June 10, 2022. About Herc Holdings Inc. Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading […]

Lightning eMotors Reports Financial Results for First Quarter 2022

Record first quarter revenue of $5.4 million, increased 18% year-over-year Record number of quarterly units sold at 68 Revealed new electrified Class 5-6 step van chassis and partnership with Blue Bird Corporation at the Advanced Clean Transportation Expo on May 10 LOVELAND, Colo.–(BUSINESS WIRE)–Lightning eMotors, Inc. (“Lightning eMotors”, “Lightning”, or the “Company”), a leading provider […]

ABC Technologies Holdings Inc. Reports Q3 Fiscal 2022 Results

TORONTO–(BUSINESS WIRE)–ABC Technologies Holdings Inc. (TSX: ABCT) (“ABC Technologies”, “ABC”, or the “Company”), a leading manufacturer and supplier of custom, highly engineered, technical plastics and lightweighting innovations to the light vehicle industry, today announced results for the three and nine months ended March 31, 2022 (“Q3 Fiscal 2022” and “YTD Fiscal 2022”, respectively) and has […]