Automotive

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.

XL Fleet Partners with NFI’s ARBOC to Offer Hybrid Electric Bus Option

Tuesday, July 27, 2021 - 12:30pm

XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, and ARBOC Specialty Vehicles, LLC (TSX: NFI) (ARBOC), a subsidiary of NFI Group Inc. (NFI), one of the worlds leading independent global bus manufacturers, have announced a partnership to electrify ARBOC Freedom low floor buses with the XL Hybrid (XLH) electric propulsion system.

Key Points: 
  • XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, and ARBOC Specialty Vehicles, LLC (TSX: NFI) (ARBOC), a subsidiary of NFI Group Inc. (NFI), one of the worlds leading independent global bus manufacturers, have announced a partnership to electrify ARBOC Freedom low floor buses with the XL Hybrid (XLH) electric propulsion system.
  • ARBOC has sold 39 vehicles with the XL Hybrid system installed thus far in 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210727005422/en/
    XL Fleet is partnering with NFIs ARBOC to offer hybrid electric bus options, similar to the one shown here, through ARBOCs North American dealer network.
  • The bus industry represents a substantial electrification opportunity for XL Fleet, and we are excited to gain access to a great new customer base by partnering with an accessible bus market leader like ARBOC, said Dimitri Kazarinoff, Chief Executive Officer of XL Fleet.

PARTS iD, Inc. to Report Second Quarter 2021 Results on August 9, 2021

Tuesday, July 27, 2021 - 12:30pm

PARTS iD, Inc. (NYSE American: ID) (PARTS iD or Company), the owner and operator of, among other verticals, CARiD.com, a leading digital commerce platform for the automotive aftermarket, announced today that the company will release its financial results for the second quarter ended June 30, 2021, after the market close on Monday, August 9, 2021.

Key Points: 
  • PARTS iD, Inc. (NYSE American: ID) (PARTS iD or Company), the owner and operator of, among other verticals, CARiD.com, a leading digital commerce platform for the automotive aftermarket, announced today that the company will release its financial results for the second quarter ended June 30, 2021, after the market close on Monday, August 9, 2021.
  • Management will host a conference call that afternoon (August 9, 2021) at 4:30 p.m.
  • A telephone replay of the call will be available until August 23, 2021, by dialing (877) 660-6853 (domestic) or (201) 612-7415 (international) and entering the conference identification number: 13721968.
  • PARTS iD is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche markets.

Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Louisville, Kentucky

Tuesday, July 27, 2021 - 11:55am

Sonic Automotive, Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the opening of an EchoPark Automotive delivery center in the Louisville, Kentucky market.

Key Points: 
  • Sonic Automotive, Inc. (Sonic or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the opening of an EchoPark Automotive delivery center in the Louisville, Kentucky market.
  • From the EchoPark website , guests can complete a purchase online and schedule a convenient time for pickup at an EchoPark delivery center or retail sales center.
  • Following its 2014 launch, EchoPark Automotive has rapidly become one of the pre-owned automotive retail industrys most prominent success stories.
  • Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is one of the nations largest automotive retailers.

Sunnova, National Grid and SolarEdge Partner to Leverage DERs for New England’s Grid

Tuesday, July 27, 2021 - 11:50am

Sunnova and SolarEdge will provide voltage support across Massachusetts and Rhode Island, proving that distributed resources can unlock additional value to ratepayers.

Key Points: 
  • Sunnova and SolarEdge will provide voltage support across Massachusetts and Rhode Island, proving that distributed resources can unlock additional value to ratepayers.
  • This first of its kind solution aims to save homeowners money, increase New Englands grid efficiency and support National Grid on its path to achieving Net Zero by 2050.
  • To create the grid of tomorrow, DERs, especially solar and battery storage, will need to work together to support the grid in meeting its energy objectives while providing consumers with energy independence.
  • National Grids continued efforts to further integrate distributed energy resources will be accelerated by this effort which will leverage DERs interconnected to the grid to optimize power quality, which will reduce costs for all customers, said John Isberg, Vice President of Customer Sales and Solutions at National Grid.

Ricardo Supports Mexico in Drive to Reduce Freight Emissions

Tuesday, July 27, 2021 - 6:01am

Experts from global energy and environment consultancy Ricardo are leading an international consortium to support the Mexican Governments plan to reduce greenhouse gas (GHG) emissions in the freight sector.

Key Points: 
  • Experts from global energy and environment consultancy Ricardo are leading an international consortium to support the Mexican Governments plan to reduce greenhouse gas (GHG) emissions in the freight sector.
  • View the full release here: https://www.businesswire.com/news/home/20210726005697/en/
    Ricardo supports Mexico in drive to reduce freight emissions (Photo: Business Wire)
    Over the next 12 months, specialists in sustainable transport will work with organisations, including Mexico-based Centro Mario Molina and Urbanistica, to provide advice to the German Agency for International Cooperation (GIZ) as part of the Sustainable Transport Programme.
  • Ricardos focus will be on green freight, helping national and local policy makers, as well as freight operators based in Mexico, to reduce the climate change and air pollution impacts of the transport of goods through a series of practical actions.
  • The project will support the cooperation between Mexico and Germany, which aims to promote climate mitigation efforts in Mexicos road freight sector by supporting ministries, authorities and companies.

BCG Digital Ventures Collaborates With Unifrax and Clearlake to Advance Silicon Anode Technology for Lithium Ion Batteries

Tuesday, July 27, 2021 - 5:00am

SiFAB is a major breakthrough for the battery industry and will accelerate transition to renewable energy, said John Dandolph, CEO of Unifrax.

Key Points: 
  • SiFAB is a major breakthrough for the battery industry and will accelerate transition to renewable energy, said John Dandolph, CEO of Unifrax.
  • Our collaboration with BCG Digital Ventures combines our success in manufacturing and fiber-based technology with the firms expertise in accelerating innovative and sustainable ventures.
  • To learn more about BCGs and BCG Digital Ventures perspectives on climate innovation market opportunities, read The Next Generation of Climate Innovation .
  • BCG Digital Ventures (BCGDV) is the corporate innovation and digital business building arm of Boston Consulting Group.