Power Integrations Launches SCALE EV: Automotive-Qualified IGBT/SiC Module Driver Family; Targets Bus, Truck and Con-Ag EVs
Compact driver board features reinforced isolation, ASIL B/C certification NUREMBERG, Germany–(BUSINESS WIRE)–PCIM Europe – Power Integrations (NASDAQ: POWI), the leader in gate driver technology for medium- and high-voltage inverter applications, today announced the SCALETM EV family of gate-driver boards for Infineon EconoDUALTM modules. Suitable for original, clone and new SiC variants, the driver targets high-power […]
Business & Industry Groups Express Shared Support for Clean Air Goals, Urge EPA to Develop Workable Emissions Rule
From bakers and cotton producers to truck manufacturers and dealers, groups join together to express shared interest in working with EPA on effective & affordable emissions rule CHICAGO–(BUSINESS WIRE)–More than two dozen associations and industry groups have signed a letter to U.S. Environmental Protection Agency (EPA) Administrator Michael Regan expressing interest in working with EPA […]
Hyliion Holdings Reports First-Quarter 2022 Financial Results
AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today reported its first-quarter 2022 financial results. Key Business Highlights Order backlog increases to 170 Hypertruck ERX™ production slots backed by deposits, plus nearly 2,000 units in reservations to date Hypertruck ERX expected to qualify for full […]
Airgas to Pilot Hyzon Motors Zero-Emissions Heavy Duty Hydrogen Fuel Cell Trucks
First Hydrogen truck to debut at ACT EXPO, May 9 in Long Beach RADNOR, Pa.–(BUSINESS WIRE)–Airgas, an Air Liquide company, has signed an agreement with Hyzon Motors, a global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, to pilot two heavy duty hydrogen fuel cell trucks, including one 100 kW fuel cell truck and […]
Vroom Exceeds Q1 Guidance Across All Key Financial Metrics; Vroom Announces Business Realignment Plan
NEW YORK–(BUSINESS WIRE)–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the first quarter ended March 31, 2022. HIGHLIGHTS OF FIRST QUARTER 2022 19,473 ecommerce units sold, up 26% versus prior year Ecommerce revenue of $675.4 million, up 60% versus prior year Ecommerce gross profit […]
Vroom Announces Appointment of Tom Shortt as CEO
Robert Mylod to become Independent Executive Chair NEW YORK–(BUSINESS WIRE)–Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that its Board of Directors has appointed Tom Shortt, who previously served as the Company’s Chief Operating Officer, as Chief Executive Officer and a member of Vroom’s Board of Directors, […]
Tidewater Reports Results for the Three Months Ended March 31, 2022
Average Active Fleet Increases by 6 Vessels During the Quarter and Active Utilization Remains Strong at 82.5% Average Day Rate Increases to $10,687; Highest Since Q4 2020 Vessel Level Gross Margin Increased From 24.7% to 34.0% and Global Fleet Utilization Increased From 52.9% to 70.9% Compared to the First Quarter of 2021 Following the Acquisition […]
Helios Technologies Signs Definitive Agreement to Acquire Taimi
Flywheel acquisition strategically enhances Helios’ Hydraulics technologies Durable, highly complementary products offer accelerated path into forestry and mining markets for Hydraulics offerings Creates more opportunities for product integration into technical solutions to deepen market reach SARASOTA, Fla.–(BUSINESS WIRE)–Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and […]
Romeo Power Reports First Quarter 2022 Financial Results
Accelerates revenue growth and commercialization as average daily production rates increase Reiterates full-year 2022 revenue guidance supported by growing diversity of customer relationships across previously untapped markets LOS ANGELES–(BUSINESS WIRE)–Romeo Power, Inc. (“Romeo Power” or the “Company”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its […]
Bird Announces First Quarter Conference Call Date and Participation in 17th Annual Needham Technology & Media Conference
LOS ANGELES–(BUSINESS WIRE)–Bird Global, Inc. (“Bird” or the “Company”) (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that its financial results for the first quarter of fiscal 2022 will be released after market closes on Monday, May 16, 2022. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss […]
