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 announced that the Company will publish a shareholder letter containing its second quarter 2023 results after market close on Monday, August 21, 2023, to be followed by a conference call at […]
Q2 2023 Net Revenue Increased 32% to $4.2 million Number of Vehicles Sold Increased Sequentially by 82% to 235 Vehicles Gross Profit Margin Increased 2,180 bps to 27.1% Average Selling Price Increased 11% to Approximately $18.6 Thousand FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company […]
GAAP revenue of $7.9 million, the second highest quarterly revenue in company history Adjusted revenue of $8.2 million from sales of 70 units, excluding $0.3 million of recall-related costs Produced 46 units during the quarter, consisting of vehicles, powertrains, and mobile DC fast chargers Nearly 5 million driven miles, compared to 2.2 million a year […]
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Haig Partners LLC served as the exclusive sell-side advisor on the sale of BMW of Bridgeport, located in Connecticut, to Mauro Motors. Mitch McManus, Dealer Principal at BMW of Bridgeport, shared, “We have been a proud BMW dealer in Connecticut for over twenty years and will really miss our great team of […]
CHICAGO–(BUSINESS WIRE)–Merx Truck & Trailer (“Merx”), a leading provider of truck and trailer repair and maintenance services, is pleased to announce its acquisition of Majestic Truck Services (“Majestic”), a well-established truck service company based in Altoona, IA. Merx Truck & Trailer has been a trusted name in the industry, providing a comprehensive range of services, […]
Prominent Itasca high-rise accommodates corporate teams across multiple floors ITASCA, Ill.–(BUSINESS WIRE)–#FreightForwarding–Corporate teammates for supply chain solutions leader AIT Worldwide Logistics recently moved into a new global headquarters at 2 Pierce Place in Itasca, Illinois. Previously, AIT’s shared services teams were based out of multiple Itasca facilities, including 701 Rohlwing Rd., a single-story building and […]
CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint (NYSE: CHPT), a leading provider of networked hardware and software solutions for charging electric vehicles (EVs), today announced the appointment of Sherice Torres as Chief Marketing Officer. Torres joins ChargePoint’s executive team to lead global marketing as the EV ecosystem enters a period of exponential growth. “Over the last 15 years ChargePoint […]