Tag: Trucking News

Allego, a Leading Pan-European Public EV Fast Charging Network, Exceeds Revenue and Operational EBITDA Targets for 2021; First Quarter of 2022 Operating Dynamics Remain Robust

2021 reported revenues increased 95% to €86.3 million, as the number of charging sessions increased 65% over the prior year amidst Allego’s broad geographic footprint. Allego’s network delivered 83GWh of clean, 100% renewable energy in 2021, an increase of more than 77% from 2020. Therefore, its network delivered 414 million green km (258 million miles) […]

LG Chem Develops Advanced Plastic Product to Prevent Thermal Runaway in EV Batteries

New plastic product offers exceptional flame barrier properties compared to ordinary plastics for the world’s longest fire-resistance performance It is scheduled to begin mass-production in 2023 The new product will be applied to various industry sectors in response to the demand for battery components SEOUL, South Korea–(BUSINESS WIRE)–#AdvancedMaterials—LG Chem (KRX: 051910) today announced that it […]

Cenntro Electric Group Expands Global Production Capacity with Acquisition of Advanced Manufacturing Facility in China

Production Capacity of 50,000 Vehicles Annually Once 474,000 Square Foot Facility Becomes Fully Operational FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or the “Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the acquisition of a new manufacturing facility in Changxing, Huzhou City, China, for a purchase price […]

Faraday Future Reports Financial Results for Fourth Quarter and Full Year 2021

– Continued Progress at Hanford Manufacturing Facility – – Launch of Community Outreach and Jobs Fair for Hanford Hiring Program – – Announcement of Munro & Associates as Co-Creation Partner – – Additional Tier 1 Supplier Announcements – LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“FF”, “Faraday Future”, or “the Company”), a California-based […]

USD Partners to Attend 2022 EIC Investor Conference in West Palm Beach

HOUSTON–(BUSINESS WIRE)–USD Partners LP (NYSE:USDP) (the “Partnership”) announced today that members of its senior management team will participate at the Energy Infrastructure Council 2022 Investor Conference in West Palm Beach, Florida, on May 16 and May 17, 2022. The related presentation materials will be made available on the Partnership’s website in advance of the conference […]