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CORRECTING and REPLACING Lyft Announces Fourth Quarter and Full-Year 2023 Results

Full-year Gross Bookings, riders reach all-time highs Lyft to host first Investor Day in June 2024 SAN FRANCISCO–(BUSINESS WIRE)–Fifth bulleted list, third bullet of release should read: Adjusted EBITDA margin expansion (calculated as a percentage of Gross Bookings) of approximately 50 basis points year-over-year. [instead of Adjusted EBITDA margin expansion (calculated as a percentage of […]

Copart, Inc. to Release Second Quarter Fiscal 2024 Results

DALLAS–(BUSINESS WIRE)–Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, February 22, 2024. On Thursday, February 22, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results […]

ElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with Xos

Your vote is important no matter how many votes you hold. The Board of Directors of ElectraMeccanica recommends that Shareholders vote IN FAVOR of the ElectraMeccanica Arrangement Proposal. Shareholders who have questions or need assistance with voting their shares should contact ElectraMeccanica’s proxy solicitation agents: Canada: Laurel Hill Advisory Group – 1-877-452-7184 or assistance@laurelhill.comUnited States: […]

Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 Financial Results

AUSTIN, Texas–(BUSINESS WIRE)– Key Business Highlights Announced today, the KARNOTM generator is expected to qualify for up to a 40% tax credit under the Inflation Reduction Act’s Infrastructure Tax Credit (ITC) Announced today, Detmar Logistics executed a letter of intent for an initial KARNO unit to be deployed in the Permian Basin to operate on […]

ChargePoint to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on March 5, 2024

CAMPBELL, Calif.–(BUSINESS WIRE)– A live webcast of the conference call will be accessible from the “Events and Presentations” section of ChargePoint’s investor relations website (investors.chargepoint.com) on March 5, 2024. A replay will be available after the conclusion of the webcast and archived for one year. A copy of the press release with the financial results […]

CAN YOU BELIEVE THIS?!

BARKING BANDITS We’re issuing a BOLO for these two canine culprits. A used car dealership in Texas saw its stock of vehicles attacked by two dogs last November. The facility said repairs could cost between US$100,000 to US$350,000—and they’d hardly believe it were true, had it not been for the video surveillance footage. Initially, the […]

EV NEWS

RELIABILITY RATINGS Electric vehicles have 79 percent more reliability problems, on average, compared to internal combustion cars—most of which occur in the high-voltage battery system, according to Consumer Reports (CR) latest Annual Auto Reliability Study. According to the survey, the biggest reliability problems for electric vehicles relate to issues with the charging experience for consumers […]

INSURANCE NEWS

ALLSTATE ENTERS A STATE OF REDUCTION Allstate CEO Tom Wilson says the insurance provider is ready to move away from three major U.S. jurisdictions to preserve assets. The jurisdictions in question include California, New York and New Jersey. “If we don’t get price increases this year, or approved this year, in those states, we are […]

TECHNOLOGY NEWS

I CAN’T SEE YOU, BUT INFRARED CAN Researchers from Tianjin University in China have developed a new type of detector to extend a vehicle’s range of sight and detect objects even if they are around an immediate corner or behind a wall. To do this, an advanced light-sensing component–known as a “superconducting nanowire single-photon detector”–is […]

OEM NEWS

TOYOTA MAKES A ‘MANAGEABLE’ MATTE Toyota has announced a special edition run of the Crown Crossover with a “Matte Metal” finish that the automaker claims is easier to maintain than other matte paints. The vehicle model originally debuted in Japan featuring an extra layer of protective coating aimed at making the matte finish more durable. […]

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