Category: Business Wire

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EVgo Announces Nomination of Utility and Energy Veteran Patricia K. Collawn to Join its Post-Merger Public Company Board of Directors

LOS ANGELES–(BUSINESS WIRE)–EVgo, (or the “Company”), the nation’s largest public fast charging network for electric vehicles (EVs) and the first powered by 100% renewable energy, today announced the nomination of Patricia K. Collawn to join its Board of Directors upon the closing of its previously announced business combination with Climate Change Crisis Real Impact I […]

Performance Food Group Company to Acquire Core-Mark

 Acquisition expands PFG’s geographic reach and market diversification into the growing convenience store channel, adding approximately $17 billion to net sales, resulting in total PFG pro-forma LTM net sales of approximately $44 billion Adds a complementary customer-centric operating model with consistent go-to-market selling cultures focused on customer service Enhances attractive customer base and product offerings, […]

Lightning eMotors Reports $4.6 million of Revenue in First Quarter of 2021 From Sales of 31 Commercial Electric Vehicles and Provides 2021 Outlook

LOVELAND, Colo.–(BUSINESS WIRE)–Lightning eMotors, Inc. (“Lightning eMotors” or the “Company”), a leading provider of commercial electric vehicles for fleets, today announced revenue and vehicle deliveries for the quarter ending March 31, 2021 for its wholly-owned subsidiary (“Lightning Systems”). The Company is pleased to report revenue of $4.6M and sales of 31 zero-emission commercial vehicles, across […]

Arcimoto Announces First Quarter 2021 Financial Results and Provides Corporate Update

EUGENE, Ore.–(BUSINESS WIRE)–Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, today provided a corporate update and announced financial results for the first quarter ended March 31, 2021. Management will host an investor webcast today, May 17, at 2:00 p.m. PDT (5:00 p.m. EDT), to discuss […]

Fisker Inc. Announces First Quarter 2021 Financial Results

Q1 2021 results in-line with expectations. Cash balance of $985 million. Increasing full-year operating expense guidance range by $30 million to include PEAR program costs (explicitly excluded from prior guidance). Capital expenditure guidance unchanged. Majority of Fisker Ocean Bill of Material (BOM) now sourced, improving cost visibility across the entire model range at targets previously […]

Waybridge Raises $30MM to Make Physical Commodities Supply Chains More Efficient and Resilient

From the Suez Canal Catastrophe to COVID-19 to Climate Change, Waybridge reduces risk and strengthens sustainability of global supply chains NEW YORK–(BUSINESS WIRE)–Waybridge, the supply chain platform for raw materials, today announced it raised $30 million in Series B funding co-led by Rucker Park Capital and Craft Ventures, with participation from Venrock. Waybridge solves fundamental […]

Faraday Future Enhances FF 91’s Voice Controls and Rear-Seat Video Conferencing Capabilities

FF 91’s Rear Seat Passengers Can Conduct Meetings Through a Webcam Conferencing Feature on the Voice Activated, Industry-Exclusive 27-Inch Rear Passenger Display LOS ANGELES–(BUSINESS WIRE)–Faraday Future (“FF”), a California-based global shared intelligent mobility ecosystem company, today announced that its class defining ultimate-intelligent tech-luxury electric FF 91 will now have additional passenger-focused features available at launch. […]