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 […]
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 […]
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 […]
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 […]
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. […]
Fisker and Sharp to co-develop interior interface technologies to support the Fisker Ocean SUV, Project PEAR, and potentially two additional Fisker vehicles. Innovative display technologies to deliver class-leading resolution balanced with optimized power consumption. Optimized global sourcing strategy to support the planned growth of Fisker vehicle manufacturing – also reflecting Sharp’s global production footprint. LOS […]
Finance executive selected for the public companies category. EUGENE, Ore.–(BUSINESS WIRE)–Arcimoto, Inc.® (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, announced today that Chief Financial Officer (CFO), Douglas Campoli, has been named 2021 CFO of the Year by Portland Business Journal in the Public Companies category. This annual […]