Automotive Manufacturing

Faraday Future Announces That All 300 of its Invite-Only FF 91 Futurist Alliance Edition Vehicles Have Been Pre-Ordered

Tuesday, July 27, 2021 - 1:00pm

Faraday Future Intelligent Electric Inc. (FF) (NASDAQ: FFIE), a California-based global shared intelligent mobility ecosystem company, announced today that it has taken advanced pre-orders and deposits for all 300 of its limited-edition, invite-only FF 91 Futurist Alliance Edition models (known before as the FF 91 Alliance Edition).

Key Points: 
  • Faraday Future Intelligent Electric Inc. (FF) (NASDAQ: FFIE), a California-based global shared intelligent mobility ecosystem company, announced today that it has taken advanced pre-orders and deposits for all 300 of its limited-edition, invite-only FF 91 Futurist Alliance Edition models (known before as the FF 91 Alliance Edition).
  • View the full release here: https://www.businesswire.com/news/home/20210727005653/en/
    Faraday Future announces that all 300 of its invite-only FF 91 Futurist Alliance Edition vehicles have been pre-ordered (Photo: Business Wire)
    At the time of FFs listing on Nasdaq, FFs Global CEO, Dr. Carsten Breitfeld, announced new pre-order policies for 300 limited-edition, invite-only FF 91 Futurist Alliance Edition, and FF 91 Futurist Edition models, with priority reservation deposits of US$5,000 and US$1,500 respectively.
  • FF 91 Futurist Alliance Edition owners will receive three exclusive user privileges: Futurist Alliance membership, Spire Club membership, and next-generation product upgrade plan.
  • The FF 91 Futurist Alliance Edition and FF 91 Futurist models represent the next generation intelligent internet electric vehicle (EV) products.

Additive Manufacturer Green Trade Association Announces New Members

Tuesday, July 27, 2021 - 12:59pm

The Additive Manufacturer Green Trade Association (AMGTA), a global trade organization created to promote the environmental benefits of additive manufacturing (AM), announced today that eight additional leading AM companies have joined the trade group to advance sustainability in AM, bringing its membership ranks to 28 members.

Key Points: 
  • The Additive Manufacturer Green Trade Association (AMGTA), a global trade organization created to promote the environmental benefits of additive manufacturing (AM), announced today that eight additional leading AM companies have joined the trade group to advance sustainability in AM, bringing its membership ranks to 28 members.
  • These five Founding Members will determine the strategic direction of the AMGTA, provide governance oversight, and consider future research projects that members may vote to commission.
  • Their collective pledge to support the AMGTAs mission well-positions our trade group for accelerated growth and investment in new sustainability research projects in additive manufacturing.
  • The AMGTA is a non-commercial, unaffiliated organization open to any additive manufacturer or industry stakeholder that meets certain criteria relating to sustainability of production or process.

REE Automotive to Ring the Opening Bell at Nasdaq on July 27th

Monday, July 26, 2021 - 11:12pm

REE Automotive (Nasdaq: REE) (REE or the Company), a leader in e-mobility, today announced that the Companys management team will ring the opening bell at the Nasdaq MarketSite in Times Square on Tuesday, July 27 at 9:00am EST to celebrate its recently completed public listing.

Key Points: 
  • REE Automotive (Nasdaq: REE) (REE or the Company), a leader in e-mobility, today announced that the Companys management team will ring the opening bell at the Nasdaq MarketSite in Times Square on Tuesday, July 27 at 9:00am EST to celebrate its recently completed public listing.
  • We are thrilled for our team to celebrate our public listing and recent momentum with the Nasdaq team," said Daniel Barel, Co-Founder and CEO of REE.
  • "Our becoming a public company marks a major milestone for REE and we look forward to capitalizing on the tremendous opportunities ahead of us.
  • REEs technology, together with its unique value proposition and commitment to excellence, positions REE to break new ground in e-Mobility.

SkyWater Technology to Strategically Invest $56 Million in Capacity Expansion and Gallium Nitride Technology

Monday, July 26, 2021 - 10:00pm

The company intends to report actual second quarter fiscal 2021 financial results following the close of the market on Tuesday, August 3, 2021.

Key Points: 
  • The company intends to report actual second quarter fiscal 2021 financial results following the close of the market on Tuesday, August 3, 2021.
  • An archived webcast will be available on SkyWater Technologys Investor Relations page, https://ir.skywatertechnology.com .
  • SkyWaters Advanced Technology Services empower development of superconducting and 3D ICs, along with carbon nanotube, photonic and MEMS devices.
  • In future fiscal periods, we may exclude such items and may incur income and expenses similar to these excluded items.

Tesla Releases Second Quarter 2021 Financial Results

Monday, July 26, 2021 - 9:07pm

Tesla has released its financial results for the second quarter of 2021 by posting an update on its Investor Relations website.

Key Points: 
  • Tesla has released its financial results for the second quarter of 2021 by posting an update on its Investor Relations website.
  • Please visit https://ir.tesla.com to view the update.
  • As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the results and outlook.
  • Time: 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time
    The webcast will be archived on the companys website following the call.

XPeng P7 Achieves 5-Star Safety Rating in China’s Latest C-NCAP Safety Test

Monday, July 26, 2021 - 7:23pm

The XPeng P7 achieved 5-star safety rating with the total score of 89.4% and the highest active safety score of 98.51% among electric vehicles in China, according to the latest China New Car Assessment Program (C-NCAP) safety test results announced today.

Key Points: 
  • The XPeng P7 achieved 5-star safety rating with the total score of 89.4% and the highest active safety score of 98.51% among electric vehicles in China, according to the latest China New Car Assessment Program (C-NCAP) safety test results announced today.
  • View the full release here: https://www.businesswire.com/news/home/20210726005710/en/
    XPeng smart EV sedan achieves 5-star safety rating (Photo: Business Wire)
    Issued by the China Automotive Technology Research Center, C-NCAP aims to provide rigorous and comprehensive vehicle safety tests in terms of occupant protection, pedestrian protection, and active safety.
  • The XPeng P7 also achieved a 92.61% occupant protection score in the C-NCAP safety test.
  • The P7 achieved four Excellent ratings from i-VISTA in smart driving, smart safety, smart interaction, and smart energy efficiency.

Global Automotive Chip Ecosystem Market Report 2021 with Focus on Semiconductor Chip Shortage Crisis and Its Effects on the Industry - ResearchAndMarkets.com

Monday, July 26, 2021 - 3:41pm

The "The Global Semiconductor Chip Shortage Crisis and Its Effects on the Automotive Industry" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Global Semiconductor Chip Shortage Crisis and Its Effects on the Automotive Industry" report has been added to ResearchAndMarkets.com's offering.
  • From an automotive and transportation standpoint, this study provides a global outlook of the ongoing crisis and analyzes its impact on OEMs, Tier I companies, and semiconductor manufacturers.
  • This study provides an overview of the global automotive semiconductor chip industry; examines chip manufacturers and the role they play in this industry; and analyzes the ongoing chip shortage crisis.
  • Which factors and trends are fueling the auto chip shortage and leading to an industry-wide crisis?

Micro-Mobility Leader, Helbiz, Launches E-Scooters in Reggio Emilia, Italy

Monday, July 26, 2021 - 2:53pm

This supports Helbizs continued expansion efforts across Italy, now offering its services across 25 cities.

Key Points: 
  • This supports Helbizs continued expansion efforts across Italy, now offering its services across 25 cities.
  • View the full release here: https://www.businesswire.com/news/home/20210726005513/en/
    Micro-Mobility Leader, Helbiz Launches E-Scooters in Reggio Emilia, Italy (Photo: Business Wire)
    As the city with the most cycle paths in Italy, Reggio Emilia is the ideal market for our sustainable e-scooters, said Matteo Tanzilli, Head of Institutional Relations at Helbiz.
  • We are thrilled to expand our operations throughout the Emilia Romagna region and look forward to generating new jobs across Italy to support the post-pandemic revival."
  • Helbiz has opened a Reggio Emilia-based office and warehouse to run its operations on-the-ground, employing a full-time team to ensure its fleet is charged, repaired and well-maintained.