Category: Business Wire

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TMAP Joins Joby and SKT in Partnership to Bring Air Taxi Service to South Korea

SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today confirmed that TMAP, South Korea’s largest mobility platform, will join Joby’s partnership with SK Telecom to bring aerial ridesharing services to Korea. As Korea’s largest mobility platform, TMAP holds an unprecedented amount of transportation and mapping data […]

Expeditors Announces Semi-Annual Cash Dividend of $0.67

SEATTLE–(BUSINESS WIRE)–Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on May 2, 2022 its Board of Directors declared a semi-annual cash dividend of $0.67 per share, payable on June 15, 2022 to shareholders of record as of June 1, 2022. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs […]

FreeWire Technologies Named Finalist in Fast Company’s 2022 World Changing Ideas Awards

OAKLAND, Calif.–(BUSINESS WIRE)–Today, FreeWire Technologies Inc. is pleased to be named a finalist in Fast Company’s 2022 World Changing Ideas Awards’ Transportation Category for its flagship product, the Boost Charger. The annual awards honor innovative corporate initiatives, clean technology, brave new designs for cities and buildings, and other creative works that are supporting the growth […]

Industry Leader, Tyler Painter, Joins Wisk as Chief Financial Officer

New CFO Brings Strong History of Developing, Launching, and Commercializing New Technologies MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Wisk Aero, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the US, announced today that Tyler Painter has joined the company as Chief Financial Officer. In his new role, Painter will […]

ComEd, Metro Mayors Caucus Launch Program to Prepare Communities for Growing Demand for Electric Vehicles

EV Readiness Program will help communities prepare for EV implementation, compete for state & federal funding CHICAGO–(BUSINESS WIRE)–ComEd today joined the Metropolitan Mayors Caucus (Caucus) to announce a new initiative to help communities across northern Illinois prepare to meet growing demand for electric vehicle (EV) charging infrastructure. Fueled by a $225,000 commitment from ComEd, the […]

Sila Establishes New Auto-Scale Factory in Washington State to Manufacture Next-Gen Anode Materials

Investment to propel America’s innovation and manufacturing leadership forward as the world transitions to the new energy storage era. ALAMEDA, Calif.–(BUSINESS WIRE)–In a commitment to ensure America retains global leadership in the world’s transition to the new energy storage era, Sila, a next-generation battery materials company, today announced the purchase of a facility with more […]

Expeditors Reports First Quarter 2022 EPS of $2.05

SEATTLE–(BUSINESS WIRE)–Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced first quarter 2022 financial results including the following highlights compared to the same quarter of 2021: Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 23% to $2.05 Net Earnings Attributable to Shareholders increased 21% to $346 million Operating Income increased 20% to $462 million […]