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Phoenix Motor to Discuss 2024 Financial Results During Webinar on June 4
AutomotiveCompany Update

Phoenix Motor to Discuss 2024 Financial Results During Webinar on June 4

May 7, 2025 6:30 AM

Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on June 4, 2025, at 4:15 p.m. ET.The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor CEO Denton Peng, CFO Michael Yung, COO Lewis Liu, CRO Jose Paul Plackal, and CTO Tony Zhou.Phoenix Motor's leadership team will discuss the...

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Vision Marine Technologies Files Patent for Advanced Software-Based Overload Protection in Electric Marine Powertrains
AutomotiveCompany Update

Vision Marine Technologies Files Patent for Advanced Software-Based Overload Protection in Electric Marine Powertrains

May 6, 2025 4:00 PM

Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion systems, announced today it filed a new U.S. patent application with the United States Patent and Trademark Office for software-driven overload protection of cooling-pump motors integrated within the Company's proprietary E-Motion™ high-voltage ("HV") powertrain. The patent introduces smart software within the...

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Air|Water Driven by Mobil 1 Celebrates Another Successful Porsche Event
AutomotiveCompany Update

Air|Water Driven by Mobil 1 Celebrates Another Successful Porsche Event

May 6, 2025 10:45 AM

With the third annual Air|Water Driven by Mobil 1 event in the books, the organizers would like to thank the attendees, car-owning entrants, marketing partners and exhibitors who combined to create yet another unparalleled success. And despite some rain showers, nothing could dampen the spirits of the fans who came together on April 26 in Costa Mesa, CA to share their passion for all things Porsche. Championship-winning 1985 McLaren MP4/2B...

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Envirotech Vehicles, Inc. Launches Redesigned Website To Highlight Electric Vehicle Offering
AutomotiveCompany Update

Envirotech Vehicles, Inc. Launches Redesigned Website To Highlight Electric Vehicle Offering

May 6, 2025 9:00 AM

Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced the launch of its redesigned website, www.evtvusa.comThe new site features the company's current suite of electric vehicles, including vans, buses, and trucks."The new Envirotech website allows commercial electric vehicle customers to easily find the vehicle that best fits their business needs," said Jason Maddox, President of Envirotech. "The site provides a...

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Spiffy Unveils Recall Capture, First End-to-End Recall Automation Platform for Mobile Repairs
AutomotiveProduct Announcements

Spiffy Unveils Recall Capture, First End-to-End Recall Automation Platform for Mobile Repairs

May 6, 2025 6:55 AM

Spiffy®, the mobile service technology company trusted by leading dealership groups and OEMs, today announced the beta launch of Recall Capture™, the first end-to-end recall automation platform purpose-built for mobile repairs.As the latest addition to Spiffy's Mobile 360™ platform, Recall Capture streamlines the entire recall cycle - from VIN detection and customer outreach to automated scheduling and route-optimized van dispatch. Its...

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Phoenix Motor Raises 2024 Revenue Guidance to $30.7M-$31.2M
AutomotiveCompany Update

Phoenix Motor Raises 2024 Revenue Guidance to $30.7M-$31.2M

May 6, 2025 6:30 AM

Phoenix Motor Inc. (OTC:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced an upward revision to its 2024 revenue guidance, reflecting stronger-than-anticipated customer demand and increased production capacity.The company now expects full-year 2024 revenue to be in the range of $30.7 million to $31.2 million, an increase from its previous guidance issued in...

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VinFast officially launches VF 6 in Indonesia
AutomotiveCompany Update

VinFast officially launches VF 6 in Indonesia

May 6, 2025 4:00 AM

JAKARTA, INDONESIA - 6 May 2025 - VinFast announces the official launch of the VF 6, a mid-size electric vehicle, in Indonesia, offering attractive incentives for early adopters. With the rapid expansion of its showroom network, service centers, and V-GREEN charging stations, VinFast is accelerating its presence in Indonesia, providing customers with diverse product options and seamless ownership experiences while contributing to the green...

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Phoenix Motor Inc. Awarded California DGS Statewide Contract for Zero-Emission Buses
AutomotiveCompany Update

Phoenix Motor Inc. Awarded California DGS Statewide Contract for Zero-Emission Buses

May 5, 2025 4:30 PM

Phoenix Motor Inc. dba PhoenixEV, a leading manufacturer of all-electric, medium- and heavy-duty vehicles, is pleased to announce that it has been awarded a multi-category contract by the California Department of General Services (DGS) for Battery Electric Buses (BEBs). PhoenixEV has been selected for the following vehicle categories:Group 2 - 35-foot Battery Electric Bus (BEB)Group 3 - 40-foot Battery Electric Bus (BEB)Group 18 - Cutaway...

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Vision Marine Technologies Inc. Announces Postponement of Annual Meeting of Shareholders
AutomotiveShareholder Meeting

Vision Marine Technologies Inc. Announces Postponement of Annual Meeting of Shareholders

May 2, 2025 9:00 PM

Vision Marine Technologies Inc. (NASDAQ:VMAR) ("VMAR" or the "Company") a pioneer in electric marine propulsion, today announced that its Annual Meeting of Shareholders (the "Shareholders Meeting"), which was originally scheduled to be held on May 15, 2025, has been postponed. The Shareholder's Meeting is now scheduled to be held virtually, on May 23, 2025, starting at 10:00 a.m. EST. Shareholders who are interested in participating in the...

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Phoenix Motor Inc. Announces Receipt of Nasdaq Listing Delinquency Letter
AutomotiveCompany Update

Phoenix Motor Inc. Announces Receipt of Nasdaq Listing Delinquency Letter

May 2, 2025 9:50 AM

Phoenix Motor Inc. (NASDAQ:PEV) (the "Company") today announced that it received a notice (the "Notice") from the Nasdaq Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is no longer in compliance with Listing Rule 5250(c)(1) due to its failure to file its Annual Report on Form 10-K for the year ended December 31, 2024 (the "Form 10-K"). This matter serves as an additional...

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VinFast Signed US$190 million Syndicated Loan for its Automobile Plant in Indonesia
AutomotiveCompany Update

VinFast Signed US$190 million Syndicated Loan for its Automobile Plant in Indonesia

May 2, 2025 2:30 AM

VinFast, along with the state-owned Bank Negara Indonesia (BNI) and PT Bank Maybank Indonesia Tbk (Maybank), signed a long-term syndicated loan agreement valued at IDR 1.85 trillion (equivalent to approximately US$110 million), along with an additional US$80 million accordion facility, to finance the construction of VinFast's electric vehicle assembly plant in Subang, West Java, Indonesia. This agreement will provide critical long-term funding...

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NAFA's 2025 Institute & Expo: Propelling Fleets Into the Future with Innovation and Sustainability
AutomotiveCompany Update

NAFA's 2025 Institute & Expo: Propelling Fleets Into the Future with Innovation and Sustainability

May 1, 2025 3:45 PM

NAFA Fleet Management Association (NAFA) wrapped up its successful 2025 Institute & Expo (I&E) in Long Beach, California, bringing together fleet professionals from across the globe to explore the future of fleet management. Themed "Propel Your Fleet," this year's event focused on innovation, sustainability and the evolving landscape of fleet management, providing attendees with actionable insights and solutions to drive the future of their...

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Envirotech Vehicles, Inc. Announces Strategic Expansion into Electric Drones and Watercraft Divisions to Accelerate Growth and Shareholder Value
AutomotiveCompany Update

Envirotech Vehicles, Inc. Announces Strategic Expansion into Electric Drones and Watercraft Divisions to Accelerate Growth and Shareholder Value

May 1, 2025 9:00 AM

Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced a strategic expansion into the electric drone and watercraft sectors, targeting high-growth verticals across land, air, and sea. The Company plans to develop and acquire divisions focused on commercial and industrial electric drones, along with electric jet drive systems for watercraft.This move positions Envirotech to dramatically expand its total...

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NAFA’s 2025 Institute & Expo Highlights Fleet Innovation and Strategy with Key Industry Insights
AutomotiveCompany Update

NAFA’s 2025 Institute & Expo Highlights Fleet Innovation and Strategy with Key Industry Insights

April 30, 2025 12:30 AM

NAFA Fleet Management Association (NAFA) today wrapped up the highly anticipated General Session at its 2025 Institute & Expo (I&E) in Long Beach, featuring an insightful industry update from Jeffrey Kommor, Senior Vice President of US Sales at Stellantis North America, followed by a dynamic OEM Panel Discussion with fleet leaders from GM Envolve, Stellantis, Ford Pro, and Nissan."Today's General Session provided invaluable perspectives for...

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NAFA's 2025 Media Day Highlights Groundbreaking Innovations and Industry Advances
AutomotiveCompany Update

NAFA's 2025 Media Day Highlights Groundbreaking Innovations and Industry Advances

April 29, 2025 8:00 AM

Media Day returned for its third year at NAFA Fleet Management Association's annual Institute & Expo in Long Beach, California. The event provided a dynamic platform for nearly a dozen leading companies to share breaking news, innovations and important announcements with industry reporters. Participants showcased a range of industry advancements in AI, data analytics, education, safety and more."Media Day continues to be a cornerstone of NAFA's...

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VinFast Announces 1Q25 Global Deliveries and Date for the Release of First Quarter 2025 Results
AutomotiveCompany Update

VinFast Announces 1Q25 Global Deliveries and Date for the Release of First Quarter 2025 Results

April 28, 2025 10:45 AM

VinFast Auto Ltd. ("VinFast" or the "Company") today announced its preliminary vehicle deliveries for the first quarter of 2025. The Company delivered 36,330 electric vehicles ("EVs") globally in 1Q25, representing a 296% increase year-over-year.In the first quarter of 2025, deliveries of the VF 6 model increased by 453% compared to the same period in 2024.Notably, VF 5 (A-segment SUV) deliveries grew 153% year-over-year and VF 6 (B-segment SUV)...

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Inc. Magazine Says Airpark Auto Pros is One of the Most Successful Companies in the Mid-Atlantic, Naming Them to Its 2025 List of the Fastest-Growing Companies
AutomotiveAwards

Inc. Magazine Says Airpark Auto Pros is One of the Most Successful Companies in the Mid-Atlantic, Naming Them to Its 2025 List of the Fastest-Growing Companies

April 28, 2025 10:00 AM

Inc. Magazine, announced that Airpark Auto Pros is No. 129 on its fifth annual Inc. Regionals: Mid-Atlantic list, the most prestigious ranking of the fastest-growing private companies in the Mid-Atlantic, which includes Delaware, Maryland, D.C., Virginia, West Virginia, and North Carolina. An extension of the national Inc. 5000 list, the Regionals offer a unique look at the most successful companies in the Mid-Atlantic.According to Inc....

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Tagg-N-Go Acquires Rubber Ducky and Snake River Locations in Southeast Idaho
AutomotiveMergers and Acquisitions

Tagg-N-Go Acquires Rubber Ducky and Snake River Locations in Southeast Idaho

April 24, 2025 12:45 PM

Tagg-N-Go Car Wash, a locally owned and operated leader in express car wash services, today announced the official acquisition of Rubber Ducky Car Wash and Snake River Car Wash, adding seven new sites across Southeast Idaho - from Pocatello to Idaho Falls.These newly acquired locations will now operate under the Tagg-N-Go brand, bringing enhanced wash experiences, upgraded equipment, and convenient, quality service to thousands of new...

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NAFA Announces Lineup for 2025 Indoor EV Test Track and Ride & Drive Experience at I&E
AutomotiveCompany Update

NAFA Announces Lineup for 2025 Indoor EV Test Track and Ride & Drive Experience at I&E

April 23, 2025 11:00 AM

NAFA Fleet Management Association (NAFA) is excited to announce the lineup for two cutting-edge events at the 2025 Institute & Expo (I&E) that will highlight the latest advancements in fleet technology: the Indoor EV Test Track and the Ride & Drive Experience. These events, powered by Automotive Fleet, will provide attendees with unique opportunities to experience electric and alternative fuel vehicles, both in the passenger seat and behind the...

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Castle Automotive Group Ranks #109 in 2025 Automotive News Top 150 Dealership Groups
AutomotiveAwards

Castle Automotive Group Ranks #109 in 2025 Automotive News Top 150 Dealership Groups

April 23, 2025 9:00 AM

Castle Automotive Group is proud to announce its continued rise in the 2025 Automotive News Top 150 Dealership Groups, ranking #109 nationally based on 2024 new-vehicle retail sales. The group has risen 10 spots from last year, and 35 positions in just two years, showcasing a powerful trajectory of sustained, strategic growth."We've never chased lists; we've chased excellence - in our people, in our culture, and in our day to day execution. This...

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