Alternative Vehicles

NexBlue Wins International iF Design Award

Retrieved on: 
Tuesday, April 2, 2024

In March 2024, NexBlue, a global charging solution company, received the prestigious iF Design Award for its innovative EV charger, NexBlue Edge.

Key Points: 
  • In March 2024, NexBlue, a global charging solution company, received the prestigious iF Design Award for its innovative EV charger, NexBlue Edge.
  • The iF Design Award is one of the most esteemed global design awards, and NexBlue Edge stood out from 10,807 submissions across 72 countries.
  • By being recognized for its design and innovation, NexBlue demonstrates its commitment to creating products that blend Scandinavian-rooted design with exceptional functionality.
  • View the full release here: https://www.businesswire.com/news/home/20240327712620/en/
    NexBlue wins international iF Design Award 2024 (Photo: Business Wire)
    NexBlue is "by installers and for installers."

Oshkosh Corporation Named to Fast Company’s 2024 World’s Most Innovative Companies List

Retrieved on: 
Tuesday, March 26, 2024

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024 .

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024 .
  • View the full release here: https://www.businesswire.com/news/home/20240326954988/en/
    Oshkosh Corporation announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024.
  • Fast Company recognized Oshkosh Corporation’s electrification efforts.
  • “Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan.

Allego Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 26, 2024

Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced it will release the Company’s fourth quarter and full year 2023 results on Tuesday, April 2, 2024, followed by a conference call at 8:30 AM ET.

Key Points: 
  • Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced it will release the Company’s fourth quarter and full year 2023 results on Tuesday, April 2, 2024, followed by a conference call at 8:30 AM ET.
  • Participants may access the call at 1-877-407-9716, international callers may use 1-201-493-6779 and request to join the Allego earnings call.
  • Participants may access the replay at 1-844-512-2921, international callers may use 1-412-317-6671 and enter access code 13745410.
  • An archived replay of the call will also be available on the investor portion of the Allego website at https://ir.allego.eu/ .

Xeal’s Oly Nwankwo Recognized in New York Real Estate Journal’s 2024 Women in Construction Spotlight

Retrieved on: 
Tuesday, March 26, 2024

Xeal , the only no-central-network-needed EV charging solution with industry-leading uptime, today announced that Oly Nwankwo , senior EV implementation manager, has been recognized by New York Real Estate Journal's 2024 Women in Construction Spotlight for her impactful contribution in advancing EV charging infrastructure and promoting sustainability in urban development.

Key Points: 
  • Xeal , the only no-central-network-needed EV charging solution with industry-leading uptime, today announced that Oly Nwankwo , senior EV implementation manager, has been recognized by New York Real Estate Journal's 2024 Women in Construction Spotlight for her impactful contribution in advancing EV charging infrastructure and promoting sustainability in urban development.
  • Oly has played a pivotal role in the expansion of Xeal's charging infrastructure, successfully overseeing the deployment of thousands of chargers across multifamily residences.
  • This is a well-deserved recognition and a huge win for Oly," said Zander Isaacson, CEO and co-founder of Xeal.
  • "Her dedication and innovative approach push the industry's boundaries and highlight the essential role of fresh perspectives.”
    “Being recognized in a traditionally male-dominated field like construction is profoundly empowering,” Oly Nwankwo expressed.

PHINIA Announces Pricing of Private Offering of $525,000,000 of Senior Secured Notes due 2029

Retrieved on: 
Tuesday, March 26, 2024

PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN) announced today that it has priced its previously announced offering (the “Offering”) and has agreed to issue and sell $525 million aggregate principal amount of its 6.75% senior secured notes due 2029 (the “notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Key Points: 
  • PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN) announced today that it has priced its previously announced offering (the “Offering”) and has agreed to issue and sell $525 million aggregate principal amount of its 6.75% senior secured notes due 2029 (the “notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
  • The aggregate principal amount of the Offering of the notes was increased from the previously announced Offering size of $425 million aggregate principal amount of notes.
  • The notes will be sold to investors at 100.00% plus accrued interest, if any, from April 4, 2024.
  • The closing of the Offering of the notes is expected to occur on or about April 4, 2024, subject to customary closing conditions.

CFO Lawler to Affirm Full-Year 2024 Operating Guidance, Review Ford+ Growth Plan at BofA Auto Summit Today

Retrieved on: 
Tuesday, March 26, 2024

That’s the summary of what Ford CFO John Lawler will say today (Tuesday) during fireside-chat remarks at the BofA Securities Auto Summit.

Key Points: 
  • That’s the summary of what Ford CFO John Lawler will say today (Tuesday) during fireside-chat remarks at the BofA Securities Auto Summit.
  • Lawler will speak at 12:10 p.m.
  • His comments will be webcast “live” and on replay and a transcript of them will be available afterward, all via shareholder.ford.com .
  • Ford plans to report first-quarter 2024 financial results on Wednesday, April 24.

Home Charging Satisfaction a Bright Spot among Electric Vehicle Owners, J.D. Power Finds

Retrieved on: 
Tuesday, March 26, 2024

Power 2024 U.S. Electric Vehicle Experience (EVX) Home Charging Study,SM released today.

Key Points: 
  • Power 2024 U.S. Electric Vehicle Experience (EVX) Home Charging Study,SM released today.
  • Power 2024 U.S. Electric Vehicle Experience (EVX) Home Charging Study (Graphic: Business Wire)
    “In contrast to public charging, home charging is the ultimate convenience for owners to charge their EV,” said Brent Gruber, executive director of the EV practice at J.D.
  • Charging speed remains a key differentiator: Charging speed is the most substantial differentiating factor of owner satisfaction between Level 1 and Level 2 chargers.
  • For more information about the U.S. Electric Vehicle Experience (EVX) Home Charging Study, visit https://www.jdpower.com/business/automotive/electric-vehicle-experience-... .

ComEd, HIRE360 Accepting New Applications for Take Charge EV Pre-Apprenticeship Program

Retrieved on: 
Monday, March 25, 2024

ComEd and HIRE360, a nonprofit that connects underserved minority businesses and communities to jobs in the building trades across the region, today announced the return of Take Charge: EV Charging Pre-Apprenticeship program.

Key Points: 
  • ComEd and HIRE360, a nonprofit that connects underserved minority businesses and communities to jobs in the building trades across the region, today announced the return of Take Charge: EV Charging Pre-Apprenticeship program.
  • Piloted last year, the program was designed to prepare area residents with the skills training for construction trades roles supporting the growing electric vehicle (EV) industry in Illinois.
  • Applications are being accepted now through March 29 at HIRE360Chicago.com/ComEd .
  • This program is one example of the career training programs ComEd offers in partnership with community-based organizations.

Nissan Launches The Arc Business Plan to Drive Value and Enhance Competitiveness and Profitability

Retrieved on: 
Monday, March 25, 2024

Nissan Motor Co., Ltd., today launched The Arc, its new business plan to drive value and strengthen competitiveness.

Key Points: 
  • Nissan Motor Co., Ltd., today launched The Arc, its new business plan to drive value and strengthen competitiveness.
  • View the full release here: https://www.businesswire.com/news/home/20240325809457/en/
    Nissan Motor Co., Ltd., today launched The Arc, its new business plan to drive value and strengthen competitiveness.
  • The plan is positioned as a bridge between the Nissan NEXT business transformation plan running from fiscal* 2020 through fiscal 2023 and Nissan Ambition 2030, the company’s long-term vision.
  • (Photo: Business Wire)
    The plan is positioned as a bridge between the Nissan NEXT business transformation plan running from fiscal* 2020 through fiscal 2023 and Nissan Ambition 2030, the company’s long-term vision.

BYD Rolled Off Its 7 Millionth New Energy Vehicle

Retrieved on: 
Monday, March 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.