Alternative Vehicles

OPAL Fuels Announces Exchange of High-Voting Stock for Low-Voting Stock by Controlling Stockholder

Retrieved on: 
Tuesday, March 12, 2024

OPAL Fuels Inc. (the “Company”) (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable electricity and renewable natural gas (RNG), announced that its ultimate controlling shareholder, Fortistar LLC (“Fortistar”), has exchanged 71.5 million shares of Class D common stock of the Company held by it, each of which is entitled to five votes per share on all matters on which stockholders generally are entitled to vote, for an equal number of shares of newly issued Class B common stock of the Company, each of which is entitled to one vote on such matters.

Key Points: 
  • OPAL Fuels Inc. (the “Company”) (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable electricity and renewable natural gas (RNG), announced that its ultimate controlling shareholder, Fortistar LLC (“Fortistar”), has exchanged 71.5 million shares of Class D common stock of the Company held by it, each of which is entitled to five votes per share on all matters on which stockholders generally are entitled to vote, for an equal number of shares of newly issued Class B common stock of the Company, each of which is entitled to one vote on such matters.
  • This transaction has no effect on the economic interest in the Company held by Fortistar.
  • “With Fortistar reducing a significant portion of its voting control, the Company anticipates that its publicly traded Class A common stock will become eligible for inclusion in certain stock market indices, on which many broad-based mutual funds and exchange-trade index funds are based,” said Mark Comora, the Company’s Chairman.
  • Note that the Company cannot ensure that the Company’s Class A common stock will be included in any stock market indices as a result of this exchange, which is out of the Company’s control, or that, if its stock is included, that it will have any effect on the price per share of the Company’s Class A common stock.

Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025

Retrieved on: 
Monday, March 11, 2024

Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.
  • This collaboration marks a significant step towards launching Archer's Midnight flying car with Falcon Aviation in the UAE and across the MENA region as soon as 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240311456137/en/
    Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025.
  • Today’s announcement reinforces the memorandum of understanding (MOU) signed last year, where Falcon Aviation agreed to operate scores of Archer’s Midnight flying cars.

SiAT Partners with CSAC to Launch CNT-Coated Aluminum Foil, Enhancing Battery Fast Charging and Longevity

Retrieved on: 
Monday, March 11, 2024

This collaboration marks the introduction of carbon nanotube coated aluminum foil, designed to meet the growing demand for faster charging and extended lifespan in lithium-ion batteries, sodium batteries, and supercapacitors.

Key Points: 
  • This collaboration marks the introduction of carbon nanotube coated aluminum foil, designed to meet the growing demand for faster charging and extended lifespan in lithium-ion batteries, sodium batteries, and supercapacitors.
  • CSAC is one of the few global manufacturers capable of developing and producing aluminum foil for batteries—from aluminum ingot alloys to the final product.
  • Through this partnership, SiAT now offers high-quality, high-strength CNT-coated aluminum foil.
  • SiAT's commitment to innovation in battery technology is further demonstrated by the launch of CNT-coated aluminum foil.

Global Partners Unveils New Brand Identity with Focus on Commitment to Innovation and the Energy Transition

Retrieved on: 
Tuesday, March 12, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240311153681/en/
    “Our new brand image symbolizes a shift in our thinking—a new mindset that positions us at the forefront of an evolving landscape,” said Global Partners CEO Eric Slifka.
  • As the energy transition continues, we will guide our industry forward, leading thoughtfully, responsibly, and sustainably.”
    Understanding today’s persistent demand for traditional fuels, Global Partners recently acquired 25 liquid energy terminals along a number of major pipelines.
  • At the heart of the rebrand is a commitment to the people and relationships that make up the Global community.
  • Over its 90+ year history, Global has kept a steadfast commitment to philanthropy and doing good in the communities it serves.

China Agriculture Equipment Market Trends and Forecast Report, 2023-2024 and 2030 Featuring John Deere, AGCO, CLAAS, First Tractor Co, Kubota, CNH Industrial, and Valmont - ResearchAndMarkets.com

Retrieved on: 
Monday, March 11, 2024

The "China Agriculture Equipment Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Agriculture Equipment Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
  • China has presented a strategic focus on agricultural mechanization to bridge this gap and improve agricultural machinery's scientific and technological innovation ability.
  • Using equipment that has improved the amount of automation has been a boon for the China agriculture equipment market share.
  • This dynamic panorama displays a shift towards sustainable, technology-driven agriculture, positioning China as a critical participant in the worldwide agriculture equipment market.

Green Plains to Participate in 36th Annual ROTH Conference

Retrieved on: 
Monday, March 11, 2024

Green Plains Inc. (NASDAQ:GPRE) today announced that Todd Becker, President and Chief Executive Officer, will participate in a fireside chat at the 36th Annual ROTH Conference on Tuesday, March 19, 2024 at 11:00 a.m. Eastern time (10 a.m. Central time).

Key Points: 
  • Green Plains Inc. (NASDAQ:GPRE) today announced that Todd Becker, President and Chief Executive Officer, will participate in a fireside chat at the 36th Annual ROTH Conference on Tuesday, March 19, 2024 at 11:00 a.m. Eastern time (10 a.m. Central time).
  • Additionally, the company will be participating in meetings with institutional investors during the conference.
  • Materials used for the conference, the live webcast, as well as the replay, will be available on the Investors page of Green Plains’ website at https://investor.gpreinc.com/events-presentations .

Wing Fuel Systems Announces EPA Certification For CNG GM 2.7L Adding to Industry Leading Certification Portfolio

Retrieved on: 
Thursday, March 7, 2024

Wing Fuel Systems announces certification of conformity with the Clean Air Act for the CNG/RNG Chevy Colorado and GMC Canyon.

Key Points: 
  • Wing Fuel Systems announces certification of conformity with the Clean Air Act for the CNG/RNG Chevy Colorado and GMC Canyon.
  • The new EPA-certified dual fuel solution enables fleets to immediately order CNG/RNG systems on the popular and affordable pickups for the 2023 and 2024 model years.
  • “A CNG pickup under $48,850,” said Shan Zaidi, CEO of Wing Fuel Systems.
  • Additionally, Wing can upfit existing fleet vehicles or vehicles purchased directly by customers with a CNG system.

Wallbox and Partners Awarded $25.6 Million to Deploy EV Chargers at 148 Multifamily Properties Across the State of Washington

Retrieved on: 
Thursday, March 7, 2024

The awards, announced as part of the Department’s first round of the program, will be used to deploy Wallbox’s latest AC Level 2 charger, the Pulsar Pro, across 148 multifamily housing properties throughout the state of Washington.

Key Points: 
  • The awards, announced as part of the Department’s first round of the program, will be used to deploy Wallbox’s latest AC Level 2 charger, the Pulsar Pro, across 148 multifamily housing properties throughout the state of Washington.
  • View the full release here: https://www.businesswire.com/news/home/20240307858646/en/
    “One of the most commonly cited concerns for prospective EV drivers is access to EV charging, especially for those who do not live in detached houses.
  • Wallbox and the State of Washington have a shared commitment of ensuring that chargers are deployed across all use cases, including multifamily housing, to ensure that benefits of going electric are accessible to all,” said Erik Fogelberg, General Manager of Wallbox North America.
  • The projects will be designed and installed by COIL in partnership with Resound Energy, a Washington-based energy efficiency contractor, at 148 multifamily housing properties, including 146 Greystar properties.

Rivian Introduces R2, R3, and R3X Built on New Midsize Platform

Retrieved on: 
Thursday, March 7, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240307349103/en/
    Rivian introduces its midsize platform family: R2, R3 and R3X.
  • R3 is a midsize crossover that is tidy on dimensions but delivers big in terms of performance, off-road capability, passenger comfort, and storage.
  • R3X is a performance variant of R3 offering even more dynamic abilities both on and off road.
  • I can’t wait to get these to customers.”
    Developed to deliver amazing performance, range, and cost efficiency, R2 and R3 were built on an all-new midsize vehicle platform.

ADM to Release Fourth Quarter Financial Results and File Form 10-K on March 12, 2024

Retrieved on: 
Thursday, March 7, 2024

ADM (NYSE: ADM) will release financial results for the fourth quarter of 2023 before the market opens on Tuesday, March 12.

Key Points: 
  • ADM (NYSE: ADM) will release financial results for the fourth quarter of 2023 before the market opens on Tuesday, March 12.
  • A slide presentation will also be available for download.
  • The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.
  • Additionally, the Company plans to file its Form 10-K on March 12, 2024.