Lightning eMotors Reports Financial Results for Second Quarter 2023
GAAP revenue of $7.9 million, the second highest quarterly revenue in company history Adjusted revenue of $8.2 million from sales of 70 units, excluding $0.3 million of recall-related costs Produced 46 units during the quarter, consisting of vehicles, powertrains, and mobile DC fast chargers Nearly 5 million driven miles, compared to 2.2 million a year […]
Bentley Systems’ iTwin Ventures Acquires Blyncsy, Breakthrough Innovator in AI Services for Transportation Operations and Maintenance
To Broaden and Accelerate Infrastructure Asset Analytics EXTON, Pa.–(BUSINESS WIRE)– Founded in 2014 in Salt Lake City, Utah, by CEO Mark Pittman, Blyncsy applies computer vision and artificial intelligence in analyzing commonly available imagery to identify maintenance issues on roadway networks. Pittman originally conceived the idea for the company while stuck at a traffic light, […]
Haig Partners Served as the Exclusive Sell-Side Advisor on the Sale of BMW of Bridgeport – Representing the 40th Dealership Sold in the Northeast Since 2020
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)– Mitch McManus, Dealer Principal at BMW of Bridgeport, shared, “We have been a proud BMW dealer in Connecticut for over twenty years and will really miss our great team of associates at BMW of Bridgeport. Market conditions are exceptionally good right now and we felt it was time for the next […]
Merx Truck & Trailer Acquires Majestic Truck, Further Expanding Its Footprint in the Des Moines Market
CHICAGO–(BUSINESS WIRE)–Merx Truck & Trailer (“Merx”), a leading provider of truck and trailer repair and maintenance services, is pleased to announce its acquisition of Majestic Truck Services (“Majestic”), a well-established truck service company based in Altoona, IA. Merx Truck & Trailer has been a trusted name in the industry, providing a comprehensive range of services, […]
Meyers Manx to Unveil Revolutionary ‘Resorter’ Neighborhood Electric Vehicle at ‘The Quail, A Motorsports Gathering’
CARMEL, Calif.–(BUSINESS WIRE)–Iconic automaker The Resorter is a contemporary reinterpretation of a beloved 1970s vehicle, combining Meyers Manx’s rich heritage with cutting-edge electric vehicle technology. This unveiling marks a momentous occasion in the company’s history and sets a new standard for the NEV market: high-end design and quality construction that encourage exploration, community, and fun. […]
