News Archives - Page 7 of 49 - Green Car Stocks

MondaySep 09, 2024 11:43 am

GreenCarNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) Announces New Software Update for Lucid Air

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, unveiled a major software update for its flagship vehicle, the Lucid Air. The update — Lucid UX 2.4 — features an enhanced version of DreamDrive Pro, Lucid's optional Advanced Driver Assistance System (“ADAS”) that offers more than a dozen updates and enhanced capabilities such as new 3D lane visualization; Lucid Assistant, a new voice control system; and an updated map design for improved legibility. “Lucid UX 2.4 introduces an array of new features and improvements to make every trip more satisfying,” said Lucid head of software engineering Dr. Jean-Philippe Gauthier in the…

FridaySep 06, 2024 11:25 am

GreenCarNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) CEO to Present at Upcoming Morgan Stanley Conference

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced that its CEO and CTO Peter Rawlinson will participate in a fireside chat at the Morgan Stanley 12th Annual Laguna Conference on Thursday, Sept. 12. According to the announcement, the session is scheduled to begin at 2:35 p.m. PT and will be webcast live on Lucid’s investor relations website. A replay of the webcast will be available for 60 days following the live presentation. To view the full press release, visit https://ibn.fm/ITNzZ About Lucid Group Lucid is a Silicon Valley-based technology company focused on creating the…

ThursdaySep 05, 2024 12:10 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Inks Partnership Agreement with TCD

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has entered into a partnership agreement with Texas Consulting & Development LLC (“TCD”). According to the agreement, Bollinger will provide TCD with Bollinger B4 Class 4 trucks as part of TCD’s new, bundled service offering to ports and other related industries while TCD will leverage the Bollinger B4 to increase sales across an array of sectors, including commercial & industrial, telecom and utility. A U.S.-based company headquartered in Michigan, Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6; Bollinger Motors became a majority-owned company of Mullen in 2022. TCD provides microgrid…

WednesdaySep 04, 2024 3:18 pm

GreenCarNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) to Host Technology and Manufacturing Day

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, has announced a Technology & Manufacturing Day. The company will host the event on Sept. 10, 2024, which will be livestreamed beginning at 8 a.m. PT from the company’s Arizona factory. According to the announcement, the event will showcase the company’s Lucid Gravity SUV and will cover enabling technologies as well as provide an analysis of the cost effectiveness of manufacturing these innovations. Those invited to attend the event in person will also participate in a factory tour and have the opportunity to ride in the both the Lucid…

ThursdayAug 29, 2024 11:35 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands National Dealer Network Westward with 20 Locations

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing that its subsidiary, Bollinger Motors, has added TEC Equipment, Inc. to its sales and service network. The move, which adds 20 select sales and service locations, expands the subsidiary’s commercial EV dealer network across all key markets in the Western United States. The new TEC dealers are in Arizona (Phoenix), California (Dixon, Fontana, La Mirada, Lathrop, Oakland, San Diego and San Francisco), Iowa (Sioux City), Nebraska (Omaha), Nevada (Las Vegas and Reno), Oregon (Eugene, Medford, Portland, Redmond and Wilsonville), South Dakota (Sioux Falls) and Washington (Lacey and Seattle).…

MondayAug 26, 2024 11:00 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Landmark Agreement’ Providing Exposure to the UAE, Middle East

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a contract worth approximately $210 million. According to the announcement, Volt Mobility, a leading United Arab Emirates (“UAE”)-based commercial leasing company, has entered into a purchase agreement to acquire 3,000 Class 1 and Class 3 EV cargo vans and trucks over a 16-month period. Mullen will receive an initial $3 million deposit within 60 days and additional payments as the EVs are delivered. The company will begin shipping the first vehicles immediately. Mullen expects to recognize approximately $210 million in revenue over the next 16 months of the…

WednesdayAug 21, 2024 11:51 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary to Begin Production of All-New Class 4 Commercial Truck in September

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that Bollinger Motors, its subsidiary, intends to begin production of saleable units of the Bollinger B4 Chassis Cab, an all-new Class 4 commercial EV truck, on September 16, 2024. Bollinger Motors is partnering on production with Roush Industries, which provides contract manufacturing services from its facility in Livonia, Michigan. According to the announcement, deliveries and revenue recognition of the B4 EV truck is expected to begin in October 2024. “We are already experiencing strong momentum in the market from important customers throughout the country,” commented Jim Connelly, chief…

TuesdayAug 20, 2024 12:38 pm

GreenCarNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) Announces New Leasing Options for Customers in Canada

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced that customers in Canada can now access flexible, transparent, and competitive leasing options. This follows Lucid Financial Services’ introduction of leasing to its portfolio of finance options in Canada. “Not all electric vehicles are created equal, and now Canadian customers can experience the unrivaled performance and interior space of Lucid while taking advantage of flexible financing options designed to fit their life,” commented Peter Rawlinson, CEO and CTO of Lucid. “Our online process will also offer a high level of personalized support throughout to ensure the…

MondayAug 19, 2024 11:40 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Continues to Expand Presence in Higher Education Sector with New Vehicle Order

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the sale of the Mullen THREE, Class 3 EV box truck uplift to the facilities operations unit at Princeton University. The Mullen THREE is expected to support the unit’s campus operations as well as contribute to its overall sustainability goals, including reaching zero emissions for on-campus university service vehicles. According to the announcement, the Princeton, New Jersey-based unit has selected the Mullen THREE not only for its zero emissions operation but also for overall vehicle versatility. Mullen’s nationally known EV dealer partner, Pritchard EV, fulfilled the vehicle order.…

TuesdayAug 13, 2024 1:33 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Financial Results, Business Update

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is providing a financial and business report for the three- and nine-month period ended June 30, 2024. Highlights of the report indicate a positive stockholders’ equity of $53 million and total assets of $192 million. The report also noted, among other key milestones, that the company has secured a substantial $250 million new financing commitment; has announced a lease program for Class 1 EV cargo vans created with a focus on individuals, small businesses and fleets; and has received an order for 20 Mullen-GOs from GAMA (“GAMA”), one of its international distributors. In…

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