Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Holley committed to using strong free cash flow to continue deleveraging the balance sheet BOWLING GREEN, Ky.–(BUSINESS WIRE)–Holley Inc. (NYSE: HLLY), the leading consumer platform for automotive performance enthusiasts, today announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to […]
Bowman Enters into Definitive Purchase Agreement with Petrochemical Industry Experts Excellence Engineering, LLC
RESTON, Va.–(BUSINESS WIRE)–Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it had entered into a definitive purchase agreement to acquire Tulsa, Oklahoma based Excellence Engineering, LLC (“EEI”), a leading full-service provider of engineering, procurement, project management, and automation services to clients operating in and supporting the petrochemical, hydrogen, industrial and electric […]
Faraday Future Announces its Outline for October FF 91 2.0 Deliveries as Part of its Ongoing ‘Delivery Co-Creation Day’ Plan and Provides Business Update
Company reaffirms commitment to reaching additional growth milestones in the future. October is expected to continue the monthly trend of increasing month-over-month deliveries. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today provided a business update via a live investor […]
Boston Company Wins 2023 Cade Prize for Innovation
GAINESVILLE, Fla.–(BUSINESS WIRE)–CranioSense, a Boston-based company, is the overall winner of the 2023 Cade Prize for Innovation. The company’s invention quickly and non-invasively measures pressure in the brain, often an early indicator of traumatic brain injuries (TBI). Currently, only 2% of people with suspected TBI are tested, because current tests are invasive and risky. If […]
Westlake Direct Ignites Car Buying with Digital Financing Innovation
LOS ANGELES–(BUSINESS WIRE)–Westlake Direct, a leader in the direct-to-consumer digital automotive finance space, launches “Buy Now” digital financing to enhance and streamline the car buying experience. Westlake Direct’s “Buy Now” program allows buyers to get pre-qualified, matched with inventory, and complete all the necessary vehicle purchase paperwork online without having to step foot into a […]
Air Liquide and Trillium to collaborate on development of heavy-duty hydrogen fueling market in the United States
HOUSTON–(BUSINESS WIRE)–Air Liquide and Trillium Energy Solutions have signed a Memorandum of Understanding (MoU) to pursue the development of the heavy-duty hydrogen fueling market in the U.S. This significant collaboration marks a pivotal milestone in accelerating the decarbonization of the transportation sector while bolstering the hydrogen mobility market. The partners aim to accelerate the heavy-duty […]
Knight Transportation, Cummins, and Clean Energy Demonstrate Potential of Ultra-Low Carbon Fuel Through Cummins X15N Natural Gas Powertrains in California
PHOENIX–(BUSINESS WIRE)–Phoenix, Arizona-based, Knight Transportation, Inc. (NYSE:KNX) (“Knight”), part of Knight-Swift Transportation Holdings Inc. (Knight-Swift) and the industry’s largest full truckload company, has been successfully testing Cummins’ (NYSE:CMI) new X15N natural gas engine in Southern California – realizing NOx and greenhouse gas reductions without compromise to performance. The truck is fueled exclusively with Clean Energy […]
EVgo and Honda Partner to Provide EV Drivers with Direct Access to Public Fast Charging
EVgo charging credit of up to $750 will be available for drivers of upcoming Honda and Acura EV models LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a new collaboration with American Honda Motor Co., Inc. that is […]
ComEd, Regional Partners Win $500,000 Federal Award to Advance Planning for Electric Vehicles in Northern Illinois
Illinois project one of just seven awarded nationally by USDOE to advance adoption of all-electric technologies to reduce carbon emissions and combat climate change CHICAGO–(BUSINESS WIRE)–ComEd, in partnership with the Chicago Metropolitan Agency for Planning (CMAP), the Respiratory Health Association (RHA), Argonne and Oak Ridge national laboratories, announced it has been selected by the U.S. […]
Keysight and Ettifos Successfully Conduct 3GPP Release 16 Sidelink Radio Conformance Test
Conformance test paves way for 5G vehicle-to-everything advancements Keysight provides industry-first 5G New Radio vehicle-to-everything physical layer testing SANTA ROSA, Calif.–(BUSINESS WIRE)– As demand for connected cars surges and autonomous driving gains momentum, the expansion of 5G for automotive use comes with specific requirements for successful implementation. Sidelink communications, a crucial feature for cellular vehicle-to-everything […]
