Automotive

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

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

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

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

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

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

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

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

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...

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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

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

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

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

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....

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The Kowalis Auto Group Announces Their Solar Energy Platform

April 22, 2025 8:30 AM

To celebrate Earth Day 2025, The Kowalis Auto Group announces the completion of a solar energy conversion project which began in 2022. Solar panel arrays now cover over 75 percent of the available space on the roof of three automotive dealerships: Orland Toyota, Lexus of Orland, and Lexus of Merrillville. The project has placed over 700 solar panels on the roof of each dealership, totaling over 2200 group-wide. Completing the solar power array...

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CarCareKiosk and A/C Pro Launch Low Pressure Port Finder on AutoZone.com to Simplify DIY A/C Recharging

April 22, 2025 6:12 AM

CarCareKiosk, the leader in aftermarket vehicle-specific instructional content, has partnered with A/C Pro to launch the Low Pressure Port Finder service on AutoZone.com. This innovative tool allows users to quickly and easily locate the low pressure port on their specific vehicle while shopping for A/C Pro products, streamlining the DIY recharging process just in time for the busy summer driving season. As temperatures rise, vehicle A/C systems...

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VinFast Delivered 400 VF 3 to Indonesian Dealers and Customers within Two Months of Launch

April 21, 2025 5:00 AM

VinFast announces the milestone of delivering 400 VF 3 electric vehicles to Indonesian dealers and customers in just two months after its launch. This milestone not only affirms VinFast's superior production capacity and process optimization capabilities but also demonstrates the strong appeal of the VinFast VF 3 to consumers in Indonesia and the wider region. Just two months after its launch, VinFast has handed over 400 VF 3 electric vehicles...

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Ultimate Toys Joins the 2025 Barrett-Jackson Collector Car Auction in West Palm Beach, FL

April 18, 2025 10:00 AM

The highly regarded Barrett-Jackson Collector Car Auction is taking place at the South Florida Fairgrounds in West Palm Beach this month, where four Ultimate Toys Sprinter models will wow audiences with their ultra-luxe and tech-rich designs. Stop by booth WH6 to take a tour of each and even enter a free giveaway for a Louis Vuitton bag! The event runs from April 24 to April 26, so start planning your visit today. Widely known as "The World's...

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Phoenix Motors To Participate in the Advanced Clean Transportation (ACT) Expo at Anaheim Convention Center

April 16, 2025 4:30 PM

Phoenix Motor Inc. dba PhoenixEV (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is excited to announce its participation in the Advanced Clean Transportation (ACT) Expo, taking place from April 28 to May 1 at the Anaheim Convention Center. This prestigious event brings together industry leaders, innovators, and key stakeholders dedicated to advancing...

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Vision Marine and STERK Achieve Internal Hull Optimization for E-Motion(TM) Electric Propulsion Integration

April 16, 2025 5:00 AM

Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces the successful completion of internal hull optimization in collaboration with renowned German boatbuilder, MS Marine GmbH ("STERK"). This milestone represents a key deliverable under the exclusive supply agreement between the two companies and demonstrates continued progress toward bringing to market...

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Phoenix Motor Inc. Appeals Nasdaq Delisting Determination

April 15, 2025 4:20 PM

Phoenix Motor Inc. (the "Company"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has formally appealed the Nasdaq delisting determination and is taking proactive steps to protect shareholder value following the trading halt of its common stock (previously traded under: PEV). Hearing Request and Continued OTC Trading As previously disclosed, Nasdaq...

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