Alternative Vehicles

ChargePoint to Announce First Quarter Financial Results on June 3, 2021

Thursday, May 13, 2021 - 10:09pm

b'ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (\xe2\x80\x9cEV\xe2\x80\x9d) charging network, today announced it will release financial results for the first quarter ended April 30, 2021, after market close on Thursday, June 3, 2021.

Key Points: 
  • b'ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (\xe2\x80\x9cEV\xe2\x80\x9d) charging network, today announced it will release financial results for the first quarter ended April 30, 2021, after market close on Thursday, June 3, 2021.
  • Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in North America and Europe.
  • To date, more than 90 million charging sessions have been delivered, with drivers plugging into the ChargePoint network approximately every two seconds.
  • For more information, visit the ChargePoint pressroom , the ChargePoint Investor Relations site, or contact ChargePoint\xe2\x80\x99s North American or European press offices or the Investor Relations team.\n'

Leading CEO’s Ask Newsom to Dedicate $500 Million in Hydrogen Infrastructure Funds as Part of Zero Emission Vehicle Plan

Thursday, May 13, 2021 - 2:02pm

b'In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State.\n\xe2\x80\x9cAt this still early stage in market development, the signal California sends on hydrogen will impact private investment decisions.

Key Points: 
  • b'In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State.\n\xe2\x80\x9cAt this still early stage in market development, the signal California sends on hydrogen will impact private investment decisions.
  • We look forward to partnering with you and your Administration on its development and look forward to working together to achieve our shared goals,\xe2\x80\x9d they wrote.\nSpecifically, the companies called on Governor Newsom to boost funding in the state\xe2\x80\x99s Clean Transportation Program reauthorization.
  • That figure represents just 7 percent of total zero emission infrastructure spending, according to the California Hydrogen Coalition.\nTo become mainstream, the hydrogen economy cannot be based on subsidies, note the executives, and sustainable markets must be created.
  • By 2050, hydrogen could enable a market of $750 billion per year with 3.4 million new jobs.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005352/en/\n'

ELMS to Participate at Wolfe Research Transportation and Industrials Conference

Thursday, May 13, 2021 - 12:00pm

b'Electric Last Mile, Inc. (\xe2\x80\x9cELMS\xe2\x80\x9d), a commercial electric vehicle company focused on last-mile delivery solutions, announced today that Co-Founder and CEO James Taylor will participate in the Wolfe Research Transportation and Industrials Conference.\nMr.

Key Points: 
  • b'Electric Last Mile, Inc. (\xe2\x80\x9cELMS\xe2\x80\x9d), a commercial electric vehicle company focused on last-mile delivery solutions, announced today that Co-Founder and CEO James Taylor will participate in the Wolfe Research Transportation and Industrials Conference.\nMr.
  • ELMS\xe2\x80\x99 first vehicle, the Urban Delivery, is anticipated to be the first class 1 electric vehicle in the U.S. market.
  • These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.
  • Forum and ELMS caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Energous Corporation Reports First Quarter 2021 Financial Results

Wednesday, May 12, 2021 - 9:01pm

b'Energous Corporation (NASDAQ: WATT), the developer of WattUp\xc2\xae, a revolutionary Wireless Charging 2.0 technology, today announced financial results for the first quarter ended March 31, 2021 and provided an update on its operational progress.\nEnergous partnered with Thinfilm to enable ultrathin, reliable, wirelessly rechargeable devices\n\xe2\x80\x9cThe recent European approval indicates we are making distinct progress toward expanding the number of applications for our WattUp at-a-distance charging technology,\xe2\x80\x9d said Brian Sereda, senior vice president and chief financial officer of Energous Corporation.

Key Points: 
  • b'Energous Corporation (NASDAQ: WATT), the developer of WattUp\xc2\xae, a revolutionary Wireless Charging 2.0 technology, today announced financial results for the first quarter ended March 31, 2021 and provided an update on its operational progress.\nEnergous partnered with Thinfilm to enable ultrathin, reliable, wirelessly rechargeable devices\n\xe2\x80\x9cThe recent European approval indicates we are making distinct progress toward expanding the number of applications for our WattUp at-a-distance charging technology,\xe2\x80\x9d said Brian Sereda, senior vice president and chief financial officer of Energous Corporation.
  • Its award-winning WattUp\xc2\xae solution is the only technology that supports both contact and distance charging through a fully compatible ecosystem.
  • Forward-looking statements may describe our future plans and expectations and are based on the current beliefs, expectations and assumptions of Energous.
  • Energous does not assume any obligation to update any forward-looking statements unless required by law.\n'

“The Methanol Pathway to Hydrogen” Webinar

Wednesday, May 12, 2021 - 7:49pm

b'Element 1 Corp., (e1), a leading developer of hydrogen generation technology supporting clean fuel cell power technology, and the Methanol Institute (MI) are jointly organizing a webinar entitled \xe2\x80\x9cThe Methanol Pathway to Hydrogen\xe2\x80\x9d to be held on May 26, 2021, 8.00 a.m. (PDT).

Key Points: 
  • b'Element 1 Corp., (e1), a leading developer of hydrogen generation technology supporting clean fuel cell power technology, and the Methanol Institute (MI) are jointly organizing a webinar entitled \xe2\x80\x9cThe Methanol Pathway to Hydrogen\xe2\x80\x9d to be held on May 26, 2021, 8.00 a.m. (PDT).
  • The webinar will feature presenters who will discuss methanol\xe2\x80\x99s role as a superior hydrogen carrier supporting the global transition towards cleaner fuels.
  • The lack of efficient storage and transport methods is one of the most significant obstacles to overcome before hydrogen can be widely adopted as an energy product.\nGenerators that produce hydrogen from methanol can deliver on-demand hydrogen at the point of use, eliminating the need to transport compressed hydrogen gas.
  • In addition, this process can be carbon-neutral, and in some cases carbon-negative, when methanol is produced from renewable feedstocks such as captured carbon dioxide or municipal solid waste.\nFor more information about how methanol offers a pathway to hydrogen utilization, register for the webinar here .\nThe Methanol Institute (MI) serves as the global trade association for the methanol industry, representing the world\xe2\x80\x99s leading producers, distributors, and technology companies.

Velodyne Lidar CEO Anand Gopalan Featured Speaker at Reuters Smart Infrastructure & Energy Week

Wednesday, May 12, 2021 - 11:48am

b'Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced CEO Anand Gopalan will speak on intelligent infrastructure and the convergence of connected and autonomous vehicles, at the Smart Infrastructure & Energy Week online event.

Key Points: 
  • b'Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced CEO Anand Gopalan will speak on intelligent infrastructure and the convergence of connected and autonomous vehicles, at the Smart Infrastructure & Energy Week online event.
  • View the full release here: https://www.businesswire.com/news/home/20210512005210/en/\nVelodyne Lidar CEO Anand Gopalan will speak on intelligent infrastructure and the convergence of connected and autonomous vehicles at the Smart Infrastructure & Energy Week online event.
  • Gopalan will discuss how this convergence, powered by lidar hardware and software, can drive autonomous solutions that advance safe, sustainable and accessible transportation and smart communities.
  • Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies.

Global Electrification Market Outlook to 2025: Aggressive Electrification Goals for Emission Compliance & Next Auto Era - ResearchAndMarkets.com

Wednesday, May 12, 2021 - 9:35am

b'The "Perspectives in Electrification 2025" report has been added to ResearchAndMarkets.com\'s offering.\nThis report focuses on how leading carmakers are developing and executing their strategies to better position themselves in the new era of electrified mobility.

Key Points: 
  • b'The "Perspectives in Electrification 2025" report has been added to ResearchAndMarkets.com\'s offering.\nThis report focuses on how leading carmakers are developing and executing their strategies to better position themselves in the new era of electrified mobility.
  • It also provides insights on how their model range and sales\' mix by powertrain will change between 2015 and 2025.\nBesides Tesla and Toyota\'s who lead BEVs and HEVs respectively, most brands are still in the early stages of electrified-to brand\'s European sales.
  • But European Premium carmakers prepare a product offensive over the next 7 years announcing aggressive targets for up to one-third of sales coming from EVs.\nLithium-Ion battery technology is improving year by year with increased energy density and falling costs by KWh of energy.
  • The brand has stated that a 48V set-up will in effect replace all of its non-plug-in hybrids.\nAFV penetration in 2019 in Europe, USA, China and Japan\nThe growth outlook and market dynamics for BEV, PHEV and FCV\nThe growth outlook for BEV, PHEV and FCV\n'

Bjarke Ingels Group and The Metals Company Design a New Generation of Offshore and Onshore Assets to Produce Critical EV Battery Metals From Seafloor Rocks

Wednesday, May 12, 2021 - 8:00am

The Metals Company announced in March that it will merge with Sustainable Opportunities Acquisition Corporation (NYSE: SOAC ) to go public on the NASDAQ in Q2 2021.\nThis press release features multimedia.

Key Points: 
  • The Metals Company announced in March that it will merge with Sustainable Opportunities Acquisition Corporation (NYSE: SOAC ) to go public on the NASDAQ in Q2 2021.\nThis press release features multimedia.
  • The streamlined design of the production vessel is driven by functionality.
  • Equipment for nodule collection is strategically packed in the hull to minimize the size of the vessel and maximize operational efficiency.
  • The company envisions multiple facilities spread across three continents and a number of brownfield sites are currently under consideration.

Hyliion Reports First Quarter 2021 Business Updates

Tuesday, May 11, 2021 - 10:01pm

With RNG solutions for heavy-duty long-haul trucking, Hyliion is uniquely positioned to benefit from this large and growing megatrend,\xe2\x80\x9d concluded Healy.\nIn early April, Hyliion announced the formation of the Hypertruck Innovation Council.

Key Points: 
  • With RNG solutions for heavy-duty long-haul trucking, Hyliion is uniquely positioned to benefit from this large and growing megatrend,\xe2\x80\x9d concluded Healy.\nIn early April, Hyliion announced the formation of the Hypertruck Innovation Council.
  • The restatement involves Hyliion\xe2\x80\x99s historical accounting for its public warrants and private placement warrants issued in connection with its business combination.
  • Hyliion now plans to restate its fourth quarter and full-year 2020 financial statements to account for the warrants as liabilities.
  • Due to the pending restatement, Hyliion will not provide financial updates until after the filing of the amended Form 10-K for 2020 and the Form 10-Q for the first quarter of 2021, both anticipated to be filed by May 24, 2021.