Category: Business Wire

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Ryder Continues to Deliver Upon Corporate Social Responsibility Commitments

Achieves Sustainability Goals and Significant Accomplishments in Annual Corporate Sustainability Report MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces significant accomplishments in ongoing efforts to reduce its environmental impact, invest in new technologies, and cultivate talent. These and other industry-leading practices are detailed in “Impact […]

Panasonic and McAfee Agree to Jointly Start Building Vehicle SOC for Commercialization of Vehicle Security Monitoring Services

OSAKA/TOKYO & SAN JOSE, Calif.–(BUSINESS WIRE)–Panasonic Corporation and McAfee Corp. (Nasdaq: MCFE), have agreed to jointly start building a Vehicle Security Operation Center (hereinafter, Vehicle SOC) to commercialize vehicle security monitoring services. To protect connected vehicles around the world against cyber-attacks, the companies will build vehicle SOCs that enable accurate detection and early response to […]

XL Fleet Announces Date Change for Fourth Quarter and Full-Year 2020 Earnings Release and Conference Call

BOSTON–(BUSINESS WIRE)–XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a leading provider of fleet electrification solutions for commercial vehicles in North America, today announced that it has changed the date of its previously announced earnings release and earnings conference call to allow additional time to complete a review of its fourth quarter and […]

QuantumScape Announces Closing of Public Offering of Class A Common Stock and Full Exercise of Option to Purchase Additional Shares

SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), today announced the closing of an underwritten public offering of 11,960,000 shares of its Class A common stock, including the full exercise of the underwriters’ option to purchase up to 1,560,000 additional shares of its Class A common stock, for gross proceeds of $478.4 million. No shareholders sold […]

Arcimoto Appoints Dilip K. Sundaram As Chief International Business Officer

EUGENE, Ore.–(BUSINESS WIRE)–Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, has appointed Dilip K. Sundaram, the former President – Corporate Affairs of Mahindra Group – Americas, as Chief International Business Officer. “Arcimoto was created in Oregon to solve a truly pressing global problem,” said Mark […]

Advent Technologies Announces Full Year 2020 Financial Results and Issues Shareholder Letter

BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced financial results for the full year ended December 31, 2020. Advent has issued a letter to shareholders discussing its financial results and providing an overview of recent developments. The letter is available in the […]

Ford’s Jim Baumbick to Discuss Rapidly Emerging Customer Benefits From Connected Vehicles, Services at March 31 Bank of America Global Automotive Summit

DEARBORN, Mich.–(BUSINESS WIRE)–Jim Baumbick, Ford’s vice president of Enterprise Product Line Management, will describe for participants in the Bank of America Global Automotive Summit on March 31 how connected vehicles are unleashing an exciting range of new possibilities for customers. Baumbick will discuss how Ford is orienting itself around customer requirements and value to drive […]