Faraday Future Reports Financial Results for Second Quarter 2022

– Major Systems Installation Completed at Hanford Manufacturing Plant – – Substantial Progress Toward Equipment Installation in Vehicle Manufacturing Areas – – Return to Timely Filing Status and Nasdaq Compliance – LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“FF”, “Faraday Future”, or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, […]

Phoenix Motor Inc. Announces Second Quarter 2022 Financial and Operational Results

ANAHEIM, Calif.–(BUSINESS WIRE)–Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced its financial results for the second quarter ended June 30, 2022. Financial Highlights Second Quarter Revenue totaled $1.5 million for the second quarter, an increase of approximately 130% compared to the prior-year period of $653,000, […]

Bird Announces Second Quarter 2022 Financial Results

Second Quarter Revenue Increased by 28% YoY to $76.7 Million Strengthened Cash Position to $105 Million At Quarter End1Reiterates Full Year 2022 Revenue Outlook; On Track to Achieve Cost Savings Initiatives MIAMI–(BUSINESS WIRE)–Bird Global, Inc. (“Bird” or the “Company”) (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the second quarter […]

PACCAR to Offer Cummins X15N Natural Gas Engine

BELLEVUE, Wash.–(BUSINESS WIRE)–PACCAR will work with Cummins Inc. to offer the new Cummins X15N natural gas engine in Kenworth and Peterbilt trucks. The X15N is the first natural gas engine to be specifically designed for heavy-duty truck applications with up to 500 horsepower output. The engine will include the integration of the Cummins Clean Fuel […]

STEER EV Subscription Service Launches in British Columbia

TORONTO–(BUSINESS WIRE)–#Facedrivefoods–STEER Technologies Inc. (“STEER” or “the Company”) (TSXV: FD) (OTCQX: FDVRF), an integrated ESG technology platform, is pleased to announce its electric vehicle subscription service (“STEER EV”) has obtained a business license to operate in British Columbia, Canada, and added the province as a new service area. STEER EV’s subscription service is available to […]

Faraday Future Announces Elevation of Mathias Hofmann to Oversee FF ieFactory California

Mathias Hofmann, Head of Global Supply Chain, to Oversee Operations in Hanford, CA Brings Extensive Plant Management Experience Across Three Continents HANFORD, Calif.–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (“FF,” the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that Mathias Hofmann, Head of Global Supply Chain, will assume the […]

Faraday Future Announces New Funding

– New Secured Notes Facility Provides $52 Million Committed Funding – – Facility Framework for up to $600 Million of Total Funds – –  Active Discussions with Multiple Investors for Additional Funding – –  FF ieFactory California Manufacturing Plant Near Completion  – LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“FF”, “Faraday Future”, or […]

Cenntro Electric Announces Strategic Action to End Channel Partner Distribution in the US

Cenntro to Assemble and Market its Metro Product Directly in the US FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Electric Group Limited (NASDAQ: CENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced a strategic action to assemble its Metro product in-house and market Metro directly to its own distributors in the United States. Cenntro […]

AEye Announces Partnership With Booz Allen Hamilton to Advance Software-Defined Lidar in Aerospace and Defense Applications

To Support Expanding Aerospace and Defense Engagements, AEye Opens Dedicated Engineering and Sales Office in Florida; Appoints Industry Veteran Steve Frey to Lead Team DUBLIN, Calif.–(BUSINESS WIRE)–$LIDR #aerospace—AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced a partnership with Booz Allen Hamilton, one of the Department of Defense’s premier digital […]