Loop Reports Record Revenue Growth of 161% and Achieves 22 Purchase Orders in Q1 2022
F2021 revenue of $1.4 million1, up 161% year over year revenues As of mid-March, Loop had received 22 purchase orders, which surpass 2021 annual total At the end of February, Loop fuel cell equipped vehicles have accumulated in field mileage of over 400,000 km VANCOUVER, British Columbia–(BUSINESS WIRE)–$LPEN–Loop Energy™ (TSX: LPEN) today reported consolidated financial […]
Allego, a Leading Pan-European EV Fast Charging Network, Announces its Participation in the JP Morgan Global ESG Conference
PARIS & ARNHEM, the Netherlands & NEW YORK–(BUSINESS WIRE)–Allego Holding B.V. (NYSE: ALLG) (“Allego” or “the Company”), a leading pan-European electric vehicle public charging network, announced today that the Company’s CEO, Mathieu Bonnet, will participate in the Electrification of Europe and the Future of EV Charging panel at the JP Morgan Global ESG Conference held […]
Superior Plus Completes Acquisition of Kamps Propane and Kiva Energy
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO–(BUSINESS WIRE)–Superior Plus Corp. (“Superior”) (TSX:SPB) announced today that it has completed the previously announced acquisition of the equity interests of Kamps Propane, Inc., High Country Propane, Inc., Pick Up Propane, Inc., Competitive Capital, Inc. and Propane Construction and Meter […]
Cyngn Reports Fourth Quarter and Year-end 2021 Results
Company to Host Conference Call Today at 2 p.m. PT/5 p.m. ET MENLO PARK, Calif.–(BUSINESS WIRE)–$CYN #autonomousvehicles—Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced its financial results for the fourth quarter and year ended December 31, 2021. Recent Operating Highlights: The following […]
Eaton Celebrates 50 Years of MLocker® Differential Production
SOUTHFIELD, Mich.–(BUSINESS WIRE)–#automotiveengineering–Power management company Eaton today announced its Vehicle Group is celebrating 50 years of MLocker® differential production. The mechanical locking differential provides drivers with best-in-class traction without the need for pushbuttons, shift knobs, or other driver intervention, and is applicable to vehicles with both internal combustion engines and electrified vehicles (EVs). “We’re happy […]
Aurora Unveils Ride-Hailing Test Fleet, Based on the Toyota Sienna
Fleet of Sienna-AutonoMaaS vehicles designed to interface with Aurora Driver Achievement of critical milestone demonstrates one of Aurora’s key competitive advantages, the transferability of its Common Core of Technology across vehicle-types DALLAS–(BUSINESS WIRE)–$AUR #aurora–Aurora Innovation, Inc. (NASDAQ: AUR) has unveiled its test fleet of its autonomous custom-designed Toyota Sienna vehicles featuring Toyota’s Vehicle Control Interface […]
March Sales Pace Remains Constrained by Low Inventory; Incentive Spending Hits Record Low but Record Profitability Endures
TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for March 2022 are expected to decline when compared with March 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,044,500 units, a 27.8% decrease compared with March 2021 when […]
U.S. Bank, Driveway Deliver Payments Instantly to Online Car Sellers
Driveway becomes first online car dealership to pay customers via real-time payments MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank and Driveway have collaborated to pay car sellers immediately with real-time payments, making Driveway the first online car dealership to pay customers over the RTP® network. Customers selling a car on Driveway.com can now have the payment deposited instantly into […]
EVgo Selected by California Energy Commission for Two Regional Project Proposed Awards to Support CA Rideshare Electrification
Uber and Cruise supported the applications and grants to fund development of 72 new charging stalls in California, enhancing infrastructure access and increasing EVgo network utilization amongst rideshare drivers LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of first electric vehicle (EV) network powered by 100% renewable […]
Alta Equipment Group Expands Nikola Dealer Network to Arizona
LIVONIA, Mich. & PHOENIX–(BUSINESS WIRE)–$ALTG—Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of construction and material handling equipment, today announced that it has been awarded the Arizona sales and service territory for Nikola Corporation (NASDAQ: NKLA) (“Nikola”), a global leader in zero-emissions transportation and energy infrastructure solutions. This agreement further expands Alta’s dealer […]
