Adden Energy Announces World’s Fastest Lithium Metal Battery Has Achieved Breakthrough Low Temperature Performance
WALTHAM, Mass.–(BUSINESS WIRE)–Adden Energy, a leading developer of solid-state batteries, announces that its record-breaking lithium metal batteries can now maintain extreme-fast-charging (EFC) of less than 10 minutes at room temperature. No other lithium metal batteries can reliably charge this fast even at elevated temperatures, nevertheless at the room temperature required for electric vehicles (EVs). Such […]
Baby on Board: Nissan Engineer Documents Pregnancy Using Car Parts
Forget fruits: This mom used a gas cap, speedometer and more to visualize her baby’s growth FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–When Kayla Kilgore, a Nissan body systems design engineer, learned she was pregnant in early 2023, the first-time mom had a unique idea to document her baby’s growth. While she had seen plenty of parents using […]
Vroom Announces First Quarter 2024 Results
Successfully Completed UACC Securitization Transaction in April 2024 Continued Progress on UACC Origination Performance NEW YORK–(BUSINESS WIRE)–Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2024. HIGHLIGHTS OF FIRST QUARTER 2024 $91.0 million cash and cash equivalents as of March 31, 2024 $(44.7) million net loss from continuing operations $(32.2) […]
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through April 2024
CHRISTIANSTED, U.S. Virgin Islands–(BUSINESS WIRE)–Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for April 2024 concerning Project Alpha, Phase II, presented by Seabird Technologies Limited in connection with that certain Non-Exclusive Patent and Technology Licensing Agreement between the Company and System73 Limited, entered into on October 6, […]
Getaround Appoints New Independent Directors to Its Board
Nikul Patel, Neil Savage and Qais Sharif bring significant expertise in governance, strategy and product development SAN FRANCISCO–(BUSINESS WIRE)–Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world’s first connected carsharing marketplace, today announced three new additions to its Board of Directors. Nikul Patel, Neil Savage and Qais Sharif effective May 6, 2024. They will join […]
Sud Stop Celebrates Norcross, GA, Opening with 3 Mos. Free Offer
Founders Club Members Save Up To $135 On Unlimited Wash Plan ORLANDO, Fla.–(BUSINESS WIRE)–To celebrate the opening of its newest location in Norcross, GA, Sud Stop Car Wash unveiled its Founders Club, offering 3 free months of any unlimited wash package to new members until May 19. The express car wash, at 2185 Beaver Ruin […]
Ford Names Lawler Vice Chair With Expanded Ford+ Role; House Joins as Finance VP, to Transition Into CFO Role
John Lawler, CFO and one of the architects of the Ford+ plan, taking on broader responsibilities as vice chair to help lead on future strategy choices, fully leverage partnerships, and liaise with leaders on industry-critical policy around the globe Sherry House joining Ford in June with experience across automotive, tech and startups, with plan to […]
AEye Announces Partnership with Leading Automotive Electronics and Vision Solutions Provider, LITEON
DUBLIN, Calif.–(BUSINESS WIRE)– Matt Fisch, AEye CEO, said, “We believe that LITEON is an ideal partner for us. Their innovative spirit, vast experience in providing solutions to the automotive ADAS market, combined with their cutting-edge industrialization capability will enable us to provide the industry’s leading long-range lidar solutions at a very competitive cost to our […]
Microvast Reports First Quarter 2024 Financial Results
Record company Q1 revenue, increased 73.2% year over year to $81.4 million Gross margin increased from 10.3% to 21.2%, a 10.9 percentage point improvement year over year STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial […]
indie Semiconductor Reports First Quarter 2024 Results
Delivers 29% Year-over-year Top Line Growth to $52.4M with Non-GAAP Gross Margin of 50.3% Guides Q2 2024 Revenue to be flat to up 5% Sequentially with Non-GAAP Gross Margin Expansion Well Positioned for Sustained Above Market Growth Driven by ADAS and User Experience 2H 2024 New Program Ramps ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor, Inc. (Nasdaq: […]
