Core Insights - Tesla has experienced significant sales growth in Norway, with a 54% year-on-year increase in new car sales in June, driven by a 115.3% rise in registrations for the Model Y [2][3] - The Model Y's popularity is attributed to its competitive pricing and features that meet local consumer demands, such as ample luggage space and all-wheel drive [4][3] - Despite success in Norway, Tesla's sales have declined in other European markets, with a 60% drop in Germany and overall sales falling for five consecutive months in Europe [5][6] Company Performance - Tesla's new car registrations in Norway surged by 213% in May, reinforcing its leading position in the electric vehicle market [2] - In southern Europe, Tesla saw a 61% increase in new car registrations in Spain and around a 7% increase in Portugal [4] Market Challenges - Tesla's brand value has been negatively impacted by CEO Elon Musk's political activities, including support for Donald Trump's campaign, leading to protests at dealerships across Europe [6][7] - A survey indicated that 43% of Norwegian EV drivers would avoid purchasing a Tesla due to political reasons, highlighting potential reputational risks for the company [7][8] Industry Context - Norway is recognized as a leader in sustainable transportation, aiming to eliminate gasoline and diesel cars from its new car market through supportive policies [9][10] - The Norwegian government offers various incentives for EV adoption, including VAT exemptions and investments in charging infrastructure, which have significantly contributed to the growth of electric vehicles in the country [11][10]

CHANTILLY, Va., July 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been appointed as the Project Management Consultant on the Dubai Metro Blue Line project by the government of Dubai’s Roads and Transport Authority (RTA). The contract represents new work for Parsons and spans five years. Under the contract, Parsons will provide comprehensive project management services including design review, procurement support, construction supervision, testing and comm ...

State-of-the-art M-9A vehicles will replace MTA’s oldest commuter cars The vehicles will be produced at Alstom’s facilities in upstate New York The base contract is valued at 2.0 billion euro (2.3 billion USD) 7 July 2025 – Alstom, global leader in smart and sustainable mobility, announced today that it has received a notice of award for a 2.0 billion euro1 (2.3 billion USD) contract to manufacture 316 commuter rail cars for Long Island Rail Road (LIRR) and Metro-North Railroad, the commuter rail divisions ...

Group 1 - TOUAX Group is a leader in operational leasing of tangible assets such as freight railcars, river barges, and containers, managing €1.2 billion in assets [4] - The company is listed on Euronext Paris and is included in the CAC® Small and CAC® Mid & Small indexes [4] - As of June 30, 2025, TOUAX has a total of 7,011,547 shares outstanding and 8,349,390 total voting rights [2]

This order for approximately 1.7 billion euro, formalised by SNCF Voyageurs, follows the vote on the financing agreement by Île-de-France Mobilités Board of Directors on 10 April 2025Alstom is delighted with this order, which demonstrates the renewed confidence of Île-de-France Mobilités and SNCF Voyageurs in this new-generation rolling stock RER NG is in service on the RER E line since November 2023 and on the RER D line since December 2024. 23 June 2025 – Alstom, global leader in smart and sustainable mob ...

Core Viewpoint - NFI Group Inc. is expanding its partnership with Brampton Transit by delivering 55 new Xcelsior buses, which includes both hybrid-electric and clean-diesel models, to enhance the city's transit fleet and support sustainable mobility solutions [2][3]. Group 1: Company Overview - NFI Group Inc. is a leader in propulsion-agnostic bus and coach mobility solutions, with a broad product portfolio that includes electric and hybrid models [5][8]. - The company has a significant presence in the bus manufacturing industry, employing nearly 9,000 team members across ten countries and supporting over 100,000 buses and coaches globally [6][7]. Group 2: Recent Developments - The new order for Brampton Transit consists of 20 hybrid-electric 40-foot buses and 35 clean-diesel 60-foot buses, totaling 70 equivalent units, which will be added to New Flyer's second quarter 2025 backlog [2]. - This order marks a continuation of a long-term relationship, with over 300 buses delivered to Brampton over the past 30 years, highlighting the company's commitment to innovative mobility solutions [3]. Group 3: Product Benefits - New Flyer's Xcelsior buses are designed to provide improved fuel efficiency, reduced emissions, and strong operational reliability, making them suitable for modern transit needs [4]. - The buses utilize advanced engines and ultra-low sulfur diesel, contributing to sustainable transportation solutions that support community growth [4].

Core Viewpoint - NFI Group Inc. has secured a significant contract with New Jersey Transit Corporation for the purchase of up to 750 Xcelsior 60-foot clean-diesel transit buses, marking a major milestone in the company's history of clean-diesel bus procurements [2][3]. Group 1: Contract Details - The contract includes an initial firm order for 200 buses (400 equivalent units) with deliveries starting in 2026, and options for an additional 550 buses (1,100 equivalent units) [3]. - This order has been added to New Flyer's first-quarter 2025 backlog, indicating strong demand for clean-diesel solutions [3]. Group 2: Company Commitment and Partnership - NFI's subsidiary, New Flyer, emphasizes its long-standing partnership with NJ TRANSIT, which is based on trust, innovation, and performance [4]. - NJ TRANSIT operates a diverse fleet, including buses from the NFI family, and relies on a dedicated parts support program to maintain service efficiency [4]. Group 3: Impact on Regional Mobility - NJ TRANSIT provides over 225 million annual passenger trips and operates a fleet of over 3,500 vehicles, playing a crucial role in regional mobility [5]. - The new buses will replace aging vehicles, enhancing service reliability and efficiency across the transit system [5]. Group 4: Technological Advancements - The Xcelsior clean-diesel platform features ultra-low sulfur diesel fuel, next-generation engines, and advanced emissions control systems, designed for high-demand urban environments [6]. Group 5: Company Overview - NFI is a leading global bus manufacturer with a wide range of propulsion-agnostic bus and coach platforms, including electric models, and supports over 100,000 buses and coaches worldwide [9]. - New Flyer is recognized as North America's heavy-duty transit bus leader, actively supporting over 35,000 heavy-duty transit buses currently in service [10].

LARBERT, United Kingdom, June 11, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, announced today that its subsidiary, Alexander Dennis Limited (Alexander Dennis), is entering into a consultation on a new strategy for its United Kingdom (UK) manufacturing operations. The refocused strategy results from the completion of a detailed business review and is intended to adjust the UK business to changing market dy ...

Blink Charging UK will install and operate 18 new EV charging stations in strategic locations throughout North Hertfordshire, providing residents, businesses, and visitors greater access to reliable and efficient charging facilities. This initiative brings the current total of charging stations across the entire Hertfordshire County to just under 1,000 units, and this project reinforces the region's efforts to reduce carbon emissions and promote sustainable transportation. Blink Charging Co. (Nasdaq: BLNK) ...

Key Takeaways ACHR shares surged 181% in a year, outperforming its industry, sector, and the broader market. FAA certifications and flight-testing fuel optimism for Archer Aviation's Midnight jets rollout. ACHR is yet to generate revenues and faces challenges from safety concerns and negative ROICThe global eVTOL (electric vertical takeoff and landing) market experienced notable developments in 2024, marked by significant growth and technological advancements, with North America constituting a significant ...