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ALSTOM S.A: Alstom's Board of Directors appoints Martin Sion as Chief Executive Officer, effective 1 April 2026
Globenewswire· 2025-10-08 17:34
8 October 2025 – Alstom, global leader in smart and sustainable mobility, announces that its Board of Directors, following the recommendation of the Company’s Nominations and Remuneration Committee, has chosen Martin Sion as the Group’s new Chief Executive Officer, effective 1 April 2026. Martin Sion will succeed Henri Poupart-Lafarge, who announced in May his decision not to seek a further term as Chief Executive Officer of Alstom, having served as CEO since February 2016. “The Board has conducted an exten ...
Jiuzi Holdings, Inc. Announces Pricing of $5.5 Million Registered Direct Offering and Concurrent Private Placement
Globenewswire· 2025-09-29 13:25
Core Viewpoint - Jiuzi Holdings, Inc. has entered into a securities purchase agreement for a registered direct offering of 9,220,000 shares and a concurrent private placement of unregistered warrants to purchase up to 18,440,000 shares, with a combined offering price of $0.60 per share and warrant [1][2]. Group 1: Offering Details - The total gross proceeds from the offering are estimated to be $5.5 million before deducting fees and expenses, with the closing expected around September 30, 2025 [2]. - The company plans to allocate approximately 70% of the proceeds to invest in cryptocurrency assets [2]. - Maxim Group LLC is acting as the sole placement agent for the offering [3]. Group 2: Regulatory Information - The ordinary shares are being offered under a shelf registration statement declared effective by the SEC on December 14, 2022, and will be made available through a prospectus supplement [4]. - The warrants issued in the private placement are not registered under the Securities Act or applicable state laws [5]. Group 3: Company Overview - Jiuzi Holdings, Inc. specializes in smart charging infrastructure for new energy vehicles in China's lower-tier cities, focusing on high-power DC fast-charging stations and integrated energy storage systems [7]. - The company aims to expand its intelligent charging network through 2026, contributing to carbon neutrality and sustainable transportation [7]. - The recent expansion into cryptocurrency asset investments is part of the company's strategy to strengthen its balance sheet and diversify its capital structure [7].
NFI’s Alexander Dennis proposes to maintain bus manufacturing in Scotland
Globenewswire· 2025-09-15 11:00
Core Viewpoint - NFI Group Inc. intends to keep its Scottish manufacturing sites operational following support from the Scottish Government and trade union partners, which is expected to preserve jobs and maintain industrial capability in the region [1][2][6]. Group 1: Company Operations - The decision to maintain operations at Alexander Dennis's Scottish manufacturing sites is supported by a furlough scheme for roles necessary to sustain future manufacturing capacity, running for 26 weeks [3]. - Increased demand for single and double-deck buses has been observed, with confidence in securing further orders to support Scottish manufacturing [4][6]. - The original consultation process was initiated in June due to a changing competitive landscape, and the new proposal allows for continued operations while limiting expected role reductions [7]. Group 2: Government and Stakeholder Support - Scottish First Minister John Swinney confirmed the Scottish Government's support during a visit to the Larbert site, emphasizing the importance of preserving jobs and skills [4][5]. - Collaboration between the Scottish Government, Scottish Enterprise, and trade unions has been crucial in reaching this outcome [6][7]. Group 3: Financial Implications - NFI does not expect any changes to its financial guidance for 2025, and plans to reduce a $14.9 million restructuring provision originally recorded in Q2 2025 in its Q3 2025 financial results [9].
Calgary Becomes the First Canadian City to Launch Bird's Next-Generation E-Scooter and E-Bike Fleet
Globenewswire· 2025-09-12 20:00
Core Insights - Bird Canada has launched its new Bird Dash e-scooter and Bird Explorer e-bike in Calgary, marking the city's first rollout of this advanced fleet [1][3] - The new vehicles are designed to enhance micromobility options, providing a sustainable alternative to short car trips for Calgarians [3][6] Fleet Highlights - The new fleet features lightweight designs, advanced safety technology, and is accessible for riders of all sizes, ages, and experience levels [2][9] - Key safety enhancements include upgraded braking systems, improved stability, and enhanced lighting [9] - The vehicles are equipped with modern technology such as phone chargers, signal lights, and software upgrades for better ride safety and affordability [9] Community Engagement - Bird Canada will showcase its new vehicles at the Hub & Spokes Tour in partnership with The Calgary Climate Hub and The City of Calgary, offering test rides and free helmets [5] - The company aims to improve mobility, reduce traffic congestion, and support connected communities in Calgary [6][7] Company Overview - Bird is a global leader in the micromobility industry, operating in over 200 cities worldwide and focusing on sustainable transportation solutions [7]
Blink Charging Co (BLNK) Ramps up UK Expansion with Flowbird Smart City Pact
Yahoo Finance· 2025-09-11 17:15
Core Insights - Blink Charging Co. is expanding its presence in the UK market by securing partnerships for electric vehicle (EV) charging infrastructure, with Flowbird Smart City UK being the latest addition to its network [1][2]. Group 1: Company Developments - The UK subsidiary of Blink Charging will collaborate with Flowbird Smart City UK to provide EV charging solutions for NHS Property Services across the UK, starting with the installation of chargers at various NHS sites [2][3]. - The partnership aims to develop scalable EV charging networks, integrating Blink Charging's proprietary platform and Smarter Building portal [3]. Group 2: Business Model and Services - Blink Charging Co. offers comprehensive EV charging solutions, including the sale, installation, and operation of charging stations, as well as proprietary network software for various clients [3]. - Additional services provided by the company include site surveys, network management, and maintenance plans, with a focus on accelerating EV adoption and supporting sustainable transportation globally [3].
U Power Announces Strategic Partnership with SAIC-Hongyan and UNEX EV to Deploy Battery-Swapping Compatible Heavy Trucks in Thailand and Beyond
Prnewswire· 2025-08-18 12:00
Core Viewpoint - U Power Limited has signed a Memorandum of Understanding (MOU) with SAIC Hongyan and UNEX EV to deploy battery-swapping compatible electric heavy trucks in Thailand, addressing the demand for green and sustainable transportation solutions in the logistics industry [1][2]. Group 1: Partnership Details - The collaboration involves deploying 3,000 electric heavy-duty tractors for long-haul transportation and 1,200 electric heavy-duty port-specific short-distance trucks in Thailand [2]. - U Power will lead the development and manufacture of battery-swapping stations and provide operational services, while UNEX EV will adapt SAIC Hongyan's heavy trucks for battery swapping and promote sales in Thailand [3]. - SAIC Hongyan will supply heavy truck prototypes and provide technical support to ensure compatibility with U Power's battery-swapping stations [3]. Group 2: Market Focus and Expansion - The initiative aims to promote the adoption of green commercial heavy trucks in Thailand, focusing on major highway transportation enterprises and container port operators [4]. - The partnership is exploring expansion opportunities into additional markets, including Southeast Asia, Latin America, Europe, Hong Kong SAR, and Macau SAR [2]. Group 3: Strategic Insights - The collaboration reflects a shared commitment to accelerating the shift toward zero-emission logistics, with a focus on creating a scalable and sustainable heavy truck electrification model [5]. - U Power has previously launched Southeast Asia's first operational smart battery-swapping station in Phuket, Thailand, and aims to enhance its presence in the Thailand market [5].
Mercedes-Benz of South Austin Celebrates Grand Opening Under New Group 1 Automotive Ownership
Prnewswire· 2025-08-15 10:30
Core Insights - Group 1 Automotive, Inc. has recently acquired Mercedes-Benz of South Austin and will celebrate the grand opening on August 18, 2025 [1][4] - The dealership features a next-generation layout emphasizing luxury and modern customer experience, spanning 80,000 square feet with 40 service bays and 28 EV charging stations [3] Company Overview - Group 1 operates 259 automotive dealerships, 324 franchises, and 39 collision centers across the U.S. and the U.K., offering 36 automobile brands [6] - The company engages in selling new and used cars, arranging vehicle financing, and providing maintenance and repair services [6] Event Details - The grand opening event will include a ribbon-cutting ceremony at 5:45 p.m. and main festivities from 6:00 to 8:00 p.m. [4] - Key executives, including Group 1 President and CEO Daryl Kenningham and Mercedes-Benz USA CEO Adam Chamberlain, will attend the event [4] Community Engagement - Group 1 has a philanthropic commitment, exemplified by a $10,000 donation to the Abigail E. Keller Foundation, supporting medically fragile and terminally ill children [5]
NFI’s MCI awarded expansion order from Metrolinx, strengthening leadership in the commuter coach market
Globenewswire· 2025-07-28 12:00
Core Insights - NFI Group Inc. has secured a second order from Metrolinx for 97 additional 45-foot D45 CRT diesel commuter coaches, expanding its partnership and reinforcing its leadership in North America's commuter coach sector [2][3] - The total commitment from Metrolinx now stands at 177 MCI coaches, aimed at enhancing transportation in the Greater Toronto and Hamilton Area [3] - MCI's coaches are recognized for their safety, durability, and passenger experience, supporting Metrolinx's goals of improving regional transit access and rider satisfaction [4] Company Overview - NFI Group Inc. is a leader in propulsion-agnostic bus and coach mobility solutions, offering a wide range of sustainable drive systems including zero-emission electric, natural gas, electric hybrid, and clean diesel [5][6] - The company operates under various brands, including New Flyer, MCI, and Alexander Dennis Limited, and supports an installed base of over 100,000 buses and coaches globally [6] - MCI is recognized as North America's public and private market motor coach leader, providing a range of products including luxury and zero-emission coaches, along with maintenance and training services [8]
THOR Industries and Harbinger Earn Fast Company 2025 World Changing Ideas Award for World's First Hybrid Class A Motorhome
Prnewswire· 2025-07-16 13:00
Core Insights - THOR Industries and Harbinger have won Fast Company's 2025 World Changing Ideas Awards for their innovative Hybrid RV, which addresses sustainability challenges in the RV industry [1][2][4] Company Overview - THOR Industries is the world's largest RV manufacturer, owning multiple operating companies [6] - Harbinger is an American commercial electric vehicle company focused on medium-duty EVs, aiming to transform the industry with proprietary technologies [7] Product Innovation - The Hybrid RV is the world's first hybrid electric Class A motorhome, featuring Harbinger's advanced EV chassis and a low-emissions gasoline range extender, providing an estimated 500 miles of range, including 150 all-electric miles [3] - The vehicle supports flexible charging options, including grid integration, solar power, and off-grid capabilities, enhancing the RV travel experience [3] Strategic Partnership - The collaboration between THOR and Harbinger reflects a commitment to pioneering an electrified RV ecosystem, focusing on innovative chassis technology and enhanced design [4] - Both companies emphasize the importance of long-term investment in innovation to maintain competitive advantage in the RV market [4][5] Recognition and Impact - The World Changing Ideas Awards recognized 100 outstanding projects from over 1,500 entries, highlighting the impact, sustainability, design, creativity, scalability, and societal improvement of the winners [4]
NFI’s New Flyer secures order from Brampton Transit for additional 55 buses
Globenewswire· 2025-06-23 11:30
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].