TuesdaySep 10, 2024 12:25 pm

GreenEnergyBreaks — Lucid Group Inc. (NASDAQ: LCID) Hosts Technology & Manufacturing Day, Features Gravity SUV

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, is showcasing its Lucid Gravity SUV today during its Technology & Manufacturing Day. According to the announcement, the event is being held at the company’s Arizona factory. In addition to highlighting the new EV, the event provided an overview of the car’s enabling technologies as well as an independent third-party analysis of the cost effectiveness of manufacturing the  innovations. The company also announced its next-generation drive unit, Atlas, which is in development and undergoing extensive testing, and also reported that so far this year, it has delivered more cars…

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MondaySep 09, 2024 11:46 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Achieves ‘Important Accomplishment’ with CARB Certification

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has received certification from the California Air Resources Board (“CARB”) for its B4 all-electric, Class 4 low forward chassis truck. The CARB certification is a requirement to sell vehicles in California, Colorado, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont and the District of Columbia. According to the announcement, the certification opens B4 EV truck customers to federal and state incentives of up to $100,000. Bollinger plans to start production of the B4 on September…

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MondaySep 09, 2024 11:45 am

GreenEnergyBreaks — Lucid Group Inc. (NASDAQ: LCID) Announces New Software Update for Lucid Air

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, unveiled a major software update for its flagship vehicle, the Lucid Air. The update — Lucid UX 2.4 — features an enhanced version of DreamDrive Pro, Lucid's optional Advanced Driver Assistance System (“ADAS”) that offers more than a dozen updates and enhanced capabilities such as new 3D lane visualization; Lucid Assistant, a new voice control system; and an updated map design for improved legibility. “Lucid UX 2.4 introduces an array of new features and improvements to make every trip more satisfying,” said Lucid head of software engineering Dr. Jean-Philippe Gauthier in the…

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ThursdaySep 05, 2024 12:06 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Inks Partnership Agreement with TCD

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has entered into a partnership agreement with Texas Consulting & Development LLC (“TCD”). According to the agreement, Bollinger will provide TCD with Bollinger B4 Class 4 trucks as part of TCD’s new, bundled service offering to ports and other related industries while TCD will leverage the Bollinger B4 to increase sales across an array of sectors, including commercial & industrial, telecom and utility. A U.S.-based company headquartered in Michigan, Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6; Bollinger Motors became a majority-owned company of Mullen in 2022. TCD provides microgrid…

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WednesdaySep 04, 2024 3:44 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Completes First Shipment of Vehicles Purchased by Volt Mobility through $210M PO

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, announced the initial shipment of vehicles to fulfill a $210 million purchase contract with Volt Mobility, which is based in the United Arab Emirates (“UAE”). Volt has purchased 3,000 Mullen Class 1 and Class 3 EV cargo vans and trucks to be delivered over a 16-month period. The initial shipment of vehicles represents the first phase of the multivehicle agreement between Mullen and Volt Mobility. Volt plans to lease these vehicles to its corporate customers in the region, including UPS, DHL and FedEx. “We’re happy to announce we have shipped the…

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TuesdaySep 03, 2024 2:31 pm

GreenEnergyBreaks — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Announces Closing of Private Placement Final Tranche

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has closed on a nonbrokered private placement. In addition, the company has issued 8,925,055 units at $0.055 per unit, with each unit consisting of one common share of the company and one common share purchase warrant exercisable at a price of $0.07 until Aug. 29, 2029. Gross proceeds from the placement total an estimated $490,878. The offering is the final tranche of the placement announced in May. The announcement noted that no finders’ fees or commissions were paid in connection with completion of the offering, and all securities issued in connection…

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ThursdayAug 29, 2024 11:36 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands National Dealer Network Westward with 20 Locations

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing that its subsidiary, Bollinger Motors, has added TEC Equipment, Inc. to its sales and service network. The move, which adds 20 select sales and service locations, expands the subsidiary’s commercial EV dealer network across all key markets in the Western United States. The new TEC dealers are in Arizona (Phoenix), California (Dixon, Fontana, La Mirada, Lathrop, Oakland, San Diego and San Francisco), Iowa (Sioux City), Nebraska (Omaha), Nevada (Las Vegas and Reno), Oregon (Eugene, Medford, Portland, Redmond and Wilsonville), South Dakota (Sioux Falls) and Washington (Lacey and Seattle).…

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TuesdayAug 27, 2024 10:25 am

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Reports on Significant Achievements, System Activation, Expanding Network

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has released a status update. According to the announcement, the update outlines the company’s significant milestones as it “closes in on system activation and broadens its network of strategic partners.” The report includes highlights from FuelPositive’s Aug. 19, 2024, finance meeting with Adrien Sala; a project timeline update; the company’s initiative to strengthen the team, promote excellence and address challenges; recent financing developments and sales efforts; and the expansion of strategic networks. “As the company approaches critical milestones, FuelPositive is entering an exciting phase of growth and innovation,” said the…

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MondayAug 26, 2024 11:00 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Landmark Agreement’ Providing Exposure to the UAE, Middle East

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a contract worth approximately $210 million. According to the announcement, Volt Mobility, a leading United Arab Emirates (“UAE”)-based commercial leasing company, has entered into a purchase agreement to acquire 3,000 Class 1 and Class 3 EV cargo vans and trucks over a 16-month period. Mullen will receive an initial $3 million deposit within 60 days and additional payments as the EVs are delivered. The company will begin shipping the first vehicles immediately. Mullen expects to recognize approximately $210 million in revenue over the next 16 months of the…

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WednesdayAug 21, 2024 11:53 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary to Begin Production of All-New Class 4 Commercial Truck in September

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that Bollinger Motors, its subsidiary, intends to begin production of saleable units of the Bollinger B4 Chassis Cab, an all-new Class 4 commercial EV truck, on September 16, 2024. Bollinger Motors is partnering on production with Roush Industries, which provides contract manufacturing services from its facility in Livonia, Michigan. According to the announcement, deliveries and revenue recognition of the B4 EV truck is expected to begin in October 2024. “We are already experiencing strong momentum in the market from important customers throughout the country,” commented Jim Connelly, chief…

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