Other Automotive

Faraday Future Releases Letter From its Board of Directors and Founder, YT Jia, Encouraging All Stockholders to Vote at the Company’s AGM

Retrieved on: 
Friday, July 19, 2024

YOUR VOTE IS CRITICAL to ensure we have enough votes to satisfy the quorum requirements for the Annual Meeting.

Key Points: 
  • YOUR VOTE IS CRITICAL to ensure we have enough votes to satisfy the quorum requirements for the Annual Meeting.
  • For the benefit of all FF stockholders, it is imperative that we maintain the Company's listed status.
  • We believe that only then will the Company have the opportunity to create long-term value for our stockholders.
  • WE URGE YOU TO PARTICIPATE and vote your shares as soon as possible and VOTE IN FAVOR of all proposals presented.

2025 INFINITI QX60 Pricing Starts at $50,200 MSRP

Retrieved on: 
Friday, July 19, 2024

The 2025 INFINITI QX60 arrives in showrooms mid-July 2024 with a starting MSRP1 of $50,200.

Key Points: 
  • The 2025 INFINITI QX60 arrives in showrooms mid-July 2024 with a starting MSRP1 of $50,200.
  • The 2025 INFINITI QX60 arrives in showrooms mid-July 2024 with a starting MSRP of $50,200.
  • The 2025 INFINITI QX60 offers buyers a choice of four appealing grades, each of which can be optionally equipped with INFINITI Intelligent All-Wheel Drive (standard on AUTOGRAPH).
  • (Photo: Business Wire)
    The 2025 INFINITI QX60 offers buyers a choice of four appealing grades, each of which can be optionally equipped with INFINITI Intelligent All-Wheel Drive2 (standard on AUTOGRAPH).

Getaround Appoints Patricia Huerta as Interim CFO and Secures Additional Funding

Retrieved on: 
Thursday, July 18, 2024

Getaround (OTC: GETR) (“Getaround'' or “the Company”), the world’s first connected carsharing marketplace, today announced the transition from Tom Aldermen as Chief Financial Officer to Patricia Huerta, CPA, as Interim Chief Financial Officer, effective July 19, 2024.

Key Points: 
  • Getaround (OTC: GETR) (“Getaround'' or “the Company”), the world’s first connected carsharing marketplace, today announced the transition from Tom Aldermen as Chief Financial Officer to Patricia Huerta, CPA, as Interim Chief Financial Officer, effective July 19, 2024.
  • Getaround is grateful for Mr. Alderman’s service and contributions to the company.
  • Huerta , who serves as Getaround’s Chief Accounting Officer, will assume the role of Interim CFO to lead the finance, accounting, compliance and certain other functions and will report to Getaround CEO Eduardo Iniguez.
  • Prior to joining Good Food Holdings, LLC, Huerta led the accounting and finance teams as Chief Financial Officer at ES Kluft, a luxury and premium bedding company.

ChargePoint Extends Leadership in NEVI Funded EV Fast Charging Awards

Retrieved on: 
Thursday, July 18, 2024

ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced continued leadership in enabling DC fast charging at National Electric Vehicle Infrastructure (NEVI) program funded locations.

Key Points: 
  • ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced continued leadership in enabling DC fast charging at National Electric Vehicle Infrastructure (NEVI) program funded locations.
  • ChargePoint continues to be an EV charging industry leader in receipt of NEVI awards, with 40% of U.S. states announcing their awards to date.
  • These sites total $75 million in proposed grant funding and represent nearly 600 fast charging ports across 20 U.S. states that have announced NEVI awards to date.
  • All of the NEVI sites awarded to ChargePoint customers or partners feature ChargePoint Express Plus charging stations, a modular DC fast charging platform capable of delivering charge speeds up to 500kWh.

Textron Reports Second Quarter 2024 Results

Retrieved on: 
Thursday, July 18, 2024

Textron Inc. (NYSE: TXT) today reported second quarter 2024 income from continuing operations of $1.35 per share, as compared to $1.30 per share in the second quarter of 2023.

Key Points: 
  • Textron Inc. (NYSE: TXT) today reported second quarter 2024 income from continuing operations of $1.35 per share, as compared to $1.30 per share in the second quarter of 2023.
  • Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.54 per share for the second quarter of 2024, compared to $1.46 per share in the second quarter of 2023.
  • Textron Aviation delivered 42 jets in the quarter, down from 44 in the second quarter of 2023, and 44 commercial turboprops, up from 37 in last year's second quarter.
  • Textron eAviation segment revenues were $9 million and segment loss was $18 million in the second quarter of 2024, compared with a segment loss of $12 million in the second quarter of 2023.

Westwater Resources Announces Off-Take Sales Agreement with Stellantis for Sale of Graphite from its Kellyton Plant

Retrieved on: 
Thursday, July 18, 2024

Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), today announced the execution of a binding off-take agreement with Fiat Chrysler Automobiles (“FCA”), a leading electric vehicle (“EV”) manufacturer and part of the Stellantis group of companies.

Key Points: 
  • Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), today announced the execution of a binding off-take agreement with Fiat Chrysler Automobiles (“FCA”), a leading electric vehicle (“EV”) manufacturer and part of the Stellantis group of companies.
  • Pursuant to the terms of the Off-Take Agreement, Westwater will supply natural graphite anode material from its Kellyton Graphite Plant located near Kellyton, Alabama, to FCA’s battery partner plants located within the U.S.
  • Under the terms of the Off-Take Agreement, FCA will be obligated to purchase, on an annual basis, a quantity of product equal to a percentage of their forecasted volume.
  • Jon Jacobs, Westwater’s Chief Commercial Officer, added, “With this deal, Westwater has now secured off-take agreements for 100% of its Kellyton Phase 1 capacity.

Haig Partners Serves as the Exclusive Sell-Side Advisor on the Sale of La Crosse Truck Center Ford and La Crosse Truck Center Mack-Isuzu

Retrieved on: 
Wednesday, July 17, 2024

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor on the sale of La Crosse Truck Center Ford and La Crosse Truck Center Mack-Isuzu.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor on the sale of La Crosse Truck Center Ford and La Crosse Truck Center Mack-Isuzu.
  • La Crosse Truck Center Ford was sold to Dahl Automotive, which has 13 franchised auto dealerships throughout Minnesota and Wisconsin, and La Crosse Truck Center Mack-Isuzu was sold to Kriete Truck Centers, which has 11 Volvo and Mack locations throughout Wisconsin.
  • La Crosse Truck Center Ford and Mack-Isuzu were previously part of River States Truck and Trailer.
  • The La Crosse Truck Center Ford dealership is one of the Ford’s last remaining medium-duty-only dealerships, and the Mack-Isuzu dealership sells and services both medium and heavy-duty trucks.

Top 50 Predictions for the Global Automotive Market in 2024 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 17, 2024

The "Top 50 Predictions for the Global Automotive Market in 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Top 50 Predictions for the Global Automotive Market in 2024" report has been added to ResearchAndMarkets.com's offering.
  • This report presents the Top 50 predictions on the trends that will drive the global mobility industry in 2024.
  • These predictions were meticulously derived through focus group discussions and polls conducted with key market players.
  • In 2024, the automotive market will experience a 1.3% increase in global sales of light vehicles (LVs), with the top 5 markets accounting for 65% of all new LVs.

Global Automotive Turbocharger Market Analysis and Forecast, 2024-2034: Focus on Sustainability and Emissions Compliance Boosts Turbocharger Adoption - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 17, 2024

The automotive turbocharger market is experiencing significant growth, propelled by various key factors and market drivers.

Key Points: 
  • The automotive turbocharger market is experiencing significant growth, propelled by various key factors and market drivers.
  • Additionally, there is a heightened focus on sustainability and compliance with environmental regulations, which is driving the adoption of turbochargers in automotive applications.
  • What is the current estimation of the automotive turbocharger market, and what growth trajectory is projected from 2024 to 2034?
  • Which regions demonstrate the highest adoption rates for automotive turbocharger market, and what factors contribute to their leadership?