NEV

The Grand Opening of Provence at The Havens, a New Gated Planned Community in Bonsall, CA Announced

Retrieved on: 
Giovedì, Maggio 2, 2024

SoCal-based builder Corman Leigh Companies has announced the grand opening of its newest neighborhood, Provence.

Key Points: 
  • SoCal-based builder Corman Leigh Companies has announced the grand opening of its newest neighborhood, Provence.
  • The collection of all-electric residences at The Havens , a European-influenced, resort-style, wellness-focused gated community with 250 acres of open space, is sure to impress.
  • View the full release here: https://www.businesswire.com/news/home/20240502384321/en/
    SoCal-based builder Corman Leigh Companies announced the grand opening of its newest neighborhood, Provence.
  • The collection of all-electric residences at The Havens, a European-influenced, resort-style, wellness-focused gated community with 250 acres of open space, is sure to impress.

SunCar Technology Reports 29% Revenue Growth, Including 79% Increase in Auto e-Insurance Business in FY 2023

Retrieved on: 
Lunedì, Aprile 29, 2024

NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023.

Key Points: 
  • Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.
  • This segment is enabled by SunCar's technology platform, which facilitates auto services, such as car wash, maintenance, driving service, and road assistance.
  • Our auto eInsurance segment generated $118 million in fiscal year 2023, a 75% increase over fiscal year 2022.
  • Our technology service business generated revenues of $31 million for the year ended December 31, 2023, a 98% increase over 2022.

Element Announces Collaboration with BYD

Retrieved on: 
Giovedì, Aprile 25, 2024

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today announced it has commenced operations in its newest global location in Singapore. This expansion marks a significant milestone in Element’s ongoing strategic initiative to enhance its global procurement capabilities and strategic sourcing relationships in Asia. In line with this expansion, Element is also pleased to announce it has entered into a collaboration agreement with BYD, the world’s leading new energy vehicle (NEV) manufacturer and power battery supplier.

Key Points: 
  • In line with this expansion, Element is also pleased to announce it has entered into a collaboration agreement with BYD, the world’s leading new energy vehicle (NEV) manufacturer and power battery supplier.
  • Element’s newly formed relationship with BYD reinforces a shared commitment to advancing sustainable, zero-emission solutions in the fleet management industry.
  • “Establishing our presence in Singapore and partnering with a global leader like BYD underscores our commitment to innovation and sustainability in fleet management in Asia and across the world,” said Laura Dottori-Attanasio, President and Chief Executive Officer at Element.
  • “Our collaboration agreement is more than just a business partnership; it's a commitment to drive change and lead the way towards a more sustainable future."

EQS-News: GRAMMER increases revenue and earnings in FY 2023 and appoints COO Guoqiang Li to the Executive Board

Retrieved on: 
Mercoledì, Aprile 10, 2024

Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.

Key Points: 
  • Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.
  • The more stable business performance in APAC and the positive trend in EMEA had a positive impact on earnings.
  • In addition, GRAMMER was able to reach agreements with customers to pass on the high inflation-related cost increases also in 2023 financial year.
  • Effective April 1, 2024, Guoqiang Li, Chief Operating Officer (COO), will be appointed to the company’s Executive Board.

Global NEVS Announces Official Launch, Focusing on Auto Industry Data Service

Retrieved on: 
Lunedì, Marzo 25, 2024

New York, New York--(Newsfile Corp. - March 25, 2024) - Recently, the global automotive industry data service platform "Global NEVS" has officially launched.

Key Points: 
  • New York, New York--(Newsfile Corp. - March 25, 2024) - Recently, the global automotive industry data service platform "Global NEVS" has officially launched.
  • Global NEVS aggregates a wide range of data and information crucial for decision-making by companies throughout the global automotive industry supply chain.
  • As of March 2024, the Global NEVS website has made available more than 15 types of automotive industry data, including global automotive sales and production, details on global car models, forecasts for new models to be launched, auto parts supplier and related models, global vehicle manufacturer information, etc.
  • The Global NEVS website provides user-friendly data or information query functions, along with an abundance of data charts.

Jiuzi Holdings Received Nasdaq Notification Letter Related to Late Filing of Annual Report on Form 20-F

Retrieved on: 
Venerdì, Marzo 29, 2024

In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the “Compliance Plan”).

Key Points: 
  • In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the “Compliance Plan”).
  • If Nasdaq accepts the Compliance Plan, Nasdaq may grant the Company an extension until September 10, 2024 to regain compliance.
  • The Company intends either to file its 2023 Annual Report or submit the Compliance Plan within the prescribed 60-day period.
  • This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

Global Li-ion Battery Recycling Market Analysis 2024, Featuring Umicore, Fortum, Li-Cycle, Redwood Materials, RecycLiCo Battery Materials, Accurec Recycling, Neometals, Lithion Technologies and More - ResearchAndMarkets.com

Retrieved on: 
Lunedì, Aprile 8, 2024

The global li-ion battery recycling market was valued at US$4.97 billion in 2023, and is expected to be worth US$17.67 billion in 2029.

Key Points: 
  • The global li-ion battery recycling market was valued at US$4.97 billion in 2023, and is expected to be worth US$17.67 billion in 2029.
  • Additionally, technological advancements in recycling processes, such as advanced sorting techniques and innovative metallurgical methods, are improving the efficiency and viability of battery recycling.
  • By Recycling Process: The Hydrometallurgical process accounted for the highest share in the li-ion battery recycling market.
  • The high cost of recycling and the dearth of advanced technologies pose significant challenges to the Li-ion battery recycling market.

Guangdong Province Advances Modernization with Focus on Quality Development

Retrieved on: 
Lunedì, Aprile 1, 2024

At the "High-Quality Development" press briefing on March 29th, 2024, hosted by the Information Office of the State Council of China, Guangdong Province Governor Wang Weizhong detailed the region's strategies for achieving high-quality development, highlighting their role in driving the province's modernization efforts.

Key Points: 
  • At the "High-Quality Development" press briefing on March 29th, 2024, hosted by the Information Office of the State Council of China, Guangdong Province Governor Wang Weizhong detailed the region's strategies for achieving high-quality development, highlighting their role in driving the province's modernization efforts.
  • (Photo: Business Wire)
    Wang discussed Guangdong's approach to integrating modern development practices with local characteristics, emphasizing the importance of technological innovation and industrial growth in improving development quality.
  • Environmental sustainability and public welfare have also been areas of focus for Guangdong.
  • The province has reported improvements in air quality and forest coverage, alongside efforts towards carbon neutrality and enhancing biodiversity.

BYD Rolled Off Its 7 Millionth New Energy Vehicle

Retrieved on: 
Lunedì, Marzo 25, 2024

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the DENZA N7, which was unveiled at its Jinan factory in China, symbolizing another groundbreaking accomplishment for the brand.

Key Points: 
  • On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the DENZA N7, which was unveiled at its Jinan factory in China, symbolizing another groundbreaking accomplishment for the brand.
  • View the full release here: https://www.businesswire.com/news/home/20240325602328/en/
    BYD rolled off its 7 millionth NEV (Photo: Business Wire)
    BYD reached the production of 1 millionth NEV in May 2021 and rapidly multiplied this figure threefold within 18 months, then surpassed 5 million units in merely 9 additional months.
  • In just 7 months from this mark, BYD accelerated to the 7 million milestone, showcasing a robust end-to-end supply chain and the effect of scale.
  • This year, BYD also becomes the official partner of UEFA European Football Championship 2024™, showcasing its new energy vehicles on the world stage.

Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Lunedì, Febbraio 26, 2024

BEIJING, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter and full year ended December 31, 2023.

Key Points: 
  • Tie Li, chief financial officer of Li Auto, added, “We ended the year with another robust performance in the fourth quarter, setting historical highs across multiple financial metrics.
  • Vehicle margin was 22.7% in the fourth quarter of 2023, compared with 20.0% in the fourth quarter of 2022 and 21.2% in the third quarter of 2023.
  • Gross margin was 23.5% in the fourth quarter of 2023, compared with 20.2% in the fourth quarter of 2022 and 22.0% in the third quarter of 2023.
  • Operating margin was 7.3% in the fourth quarter of 2023, compared with negative 0.8% in the fourth quarter of 2022 and 6.7% in the third quarter of 2023.