WOLF

Alpha Motor Corporation Advances Preproduction of WOLF Electric Truck, Introduces Base Model Details

Retrieved on: 
Monday, March 25, 2024

IRVINE, Calif., March 25, 2024 /PRNewswire/ -- Alpha Motor Corporation (Alpha) is pleased to announce the WOLF electric truck base model (single motor RWD) , marking a step towards mainstream accessibility to electric vehicles.

Key Points: 
  • IRVINE, Calif., March 25, 2024 /PRNewswire/ -- Alpha Motor Corporation (Alpha) is pleased to announce the WOLF electric truck base model (single motor RWD) , marking a step towards mainstream accessibility to electric vehicles.
  • Following the successful validation of the WOLF's driving performance, Alpha is ramping up the manufacturing of test vehicles and advancing pre-production.
  • Alpha Motor is building an electric vehicle business the right way.
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  • Alpha Motor is building an electric vehicle business the right way .

Participants Take a Ride in Alpha's WOLF Electric Truck

Retrieved on: 
Tuesday, February 13, 2024

Guided by the enthusiastic feedback of potential future customers who went for the ride, Alpha is shaping the future of electric vehicles to align with consumer needs.

Key Points: 
  • Guided by the enthusiastic feedback of potential future customers who went for the ride, Alpha is shaping the future of electric vehicles to align with consumer needs.
  • After confirming the driving performance of the WOLF truck in the Southern California desert last summer, Alpha's ride-along event marks a significant milestone in the company's commitment to consumer-centric vehicle development.
  • Based on the feedback received to date, the WOLF truck is on track to become a mainstream favorite," stated Alpha Motor Corporation.
  • The WOLF truck shares its platform with other variant models, including the WOLF+ (WOLF Plus) and SUPERWOLF full-size 5-passenger trucks, as well as the REX SUV and most recently the JAX Crossover.

Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2024

Retrieved on: 
Wednesday, January 31, 2024

Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the second quarter of fiscal 2024.

Key Points: 
  • Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the second quarter of fiscal 2024.
  • For its third quarter of fiscal 2024, Wolfspeed targets revenue from continuing operations in a range of $185 million to $215 million.
  • Wolfspeed incurred $10.5 million of factory start-up costs and $35.6 million of underutilization costs in the second quarter of fiscal 2024.
  • Wolfspeed will host a conference call at 5:00 p.m. Eastern time today to review the highlights of its second quarter results and its fiscal third quarter 2024 business outlook, including significant factors and assumptions underlying the targets noted above.

Alpha Motor Corporation Caps Off 2023 with a Year of Achievements in the Electric Vehicle Industry

Retrieved on: 
Wednesday, January 3, 2024

IRVINE, Calif., Jan. 3, 2024 /PRNewswire/ -- Alpha Motor Corporation (Alpha), reflects on a year filled with groundbreaking milestones and substantial growth, solidifying its position as a leader in the electric vehicle (EV) industry.

Key Points: 
  • IRVINE, Calif., Jan. 3, 2024 /PRNewswire/ -- Alpha Motor Corporation (Alpha), reflects on a year filled with groundbreaking milestones and substantial growth, solidifying its position as a leader in the electric vehicle (EV) industry.
  • July marked significant progress for Alpha Motor Corporation in the platform development of WOLF test vehicles.
  • In June, Alpha Motor Corporation successfully conducted comprehensive tests on the WOLF truck, validating its market-ready performance.
  • Alpha Motor Corporation earned accolades as California's EV Manufacturer of the Year, validating its commitment to excellence and innovation in sustainable transportation.

Wolfspeed Completes Sale of RF Business to MACOM

Retrieved on: 
Monday, December 4, 2023

Wolfspeed, Inc. (NYSE: WOLF) today announced it completed the sale of its radio frequency business (“Wolfspeed RF”) to MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) effective December 2, 2023.

Key Points: 
  • Wolfspeed, Inc. (NYSE: WOLF) today announced it completed the sale of its radio frequency business (“Wolfspeed RF”) to MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) effective December 2, 2023.
  • Under the transaction terms, Wolfspeed received approximately $75 million in cash, subject to a customary purchase price adjustment, and 711,528 shares of MACOM common stock, which shares had a market value of approximately $60.8 million based on the closing price for MACOM’s common stock on December 1, 2023 as reported on the Nasdaq Global Select Market.
  • “The completed sale of Wolfspeed RF is the final step in our transformation, and we’re happy to say Wolfspeed is now the only pure-play silicon carbide semiconductor manufacturer in the industry,” said Gregg Lowe, Wolfspeed president and CEO.
  • The state-of-the-art, multi-billion-dollar facility is targeted to generate a more than 10-fold increase from Wolfspeed’s current silicon carbide production capacity on its Durham, North Carolina campus.

Alpha Motor Corporation Receives Patent Allowance for WOLF Electric Truck, Introduces ACTION SERIES

Retrieved on: 
Thursday, December 14, 2023

IRVINE, Calif., Dec. 14, 2023 /PRNewswire/ -- Alpha Motor Corporation (Alpha) is pleased to introduce the ACTION SERIES Special Edition WOLF Electric Truck , marking a significant milestone with the recent patent allowance.

Key Points: 
  • IRVINE, Calif., Dec. 14, 2023 /PRNewswire/ -- Alpha Motor Corporation (Alpha) is pleased to introduce the ACTION SERIES Special Edition WOLF Electric Truck , marking a significant milestone with the recent patent allowance.
  • Following the successful validation of the WOLF truck's driving performance, Alpha is increasing the production of test vehicles.
  • "We're bringing imagination back into the equation of owning an electric vehicle," said Alpha Motor Corporation.
  • The ACTION SERIES WOLF Electric Truck highlights its modular design, enabling customization to cater to various consumer needs.

Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2024

Retrieved on: 
Monday, October 30, 2023

Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.

Key Points: 
  • Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.
  • "We kicked off our fiscal year with a strong quarter in both execution and market share.
  • For its second quarter of fiscal 2024, Wolfspeed targets revenue from continuing operations in a range of $192 million to $222 million.
  • Wolfspeed incurred $8.4 million of factory start-up costs and $34.4 million of underutilization costs in the first quarter of fiscal 2024.

Alpha Motor Corporation to Electrify SEMA Show 2023 Las Vegas with the Wolf Electric Truck

Retrieved on: 
Thursday, October 26, 2023

Alpha will exhibit the WOLF electric truck from October 31 through November 3 at the Las Vegas Convention Center in Las Vegas, Nevada.

Key Points: 
  • Alpha will exhibit the WOLF electric truck from October 31 through November 3 at the Las Vegas Convention Center in Las Vegas, Nevada.
  • After shredding through the California desert this Summer, the Wolf electric truck is coming to SEMA, Las Vegas!
  • "After shredding through the California desert this Summer, the Wolf electric truck is coming to Las Vegas!
  • Alpha Motor Corporation invites all SEMA Show attendees to experience the WOLF electric truck in-person.

Alpha Motor Corporation Introduces NIGHTWOLF™: Innovating EV Truck Accessibility and Customization

Retrieved on: 
Monday, October 9, 2023

IRVINE, Calif., Oct. 9, 2023 /PRNewswire/ -- Alpha Motor Corporation (Alpha) introduces NIGHTWOLF, a unique electric truck edition derived from the company's planned mass-produced WOLF truck , with the goal of enhancing the ease and accessibility of customization.

Key Points: 
  • IRVINE, Calif., Oct. 9, 2023 /PRNewswire/ -- Alpha Motor Corporation (Alpha) introduces NIGHTWOLF, a unique electric truck edition derived from the company's planned mass-produced WOLF truck , with the goal of enhancing the ease and accessibility of customization.
  • As the world embraces electric mobility, Alpha is dedicated to meeting the diverse and evolving demands of truck buyers.
  • NIGHTWOLF speaks to the fun-to-drive personality that is engineered into the WOLF truck which includes vehicle customization that is user-friendly," said Alpha Motor Corporation.
  • Electric Truck Accessibility and Customization" emphasizes Alpha's initiative to enable customers to tailor their EVs to meet their individual requirements and preferences, promoting a more personalized and user-centric approach to EV ownership.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Wolfspeed, Inc. - WOLF

Retrieved on: 
Sunday, September 17, 2023

NEW YORK, Sept. 17, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF).

Key Points: 
  • NEW YORK, Sept. 17, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Wolfspeed and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.