The option adds up to 120 miles of range for longer service routes ST. CLOUD, Minn., July 17, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today unveils a major range-boosting innovation for its Xcelsior CHARGE FC™ 40-foot hydrogen fuel cell-electric bus (FCEB). The new optional hydrogen four-tank-module significantly extends vehicle and operational flexib ...

Core Insights - NFI Group Inc. has introduced a significant innovation for its Xcelsior CHARGE FC™ 40-foot hydrogen fuel cell-electric bus, enhancing its range and operational flexibility with an additional 17.5 kilograms of onboard fuel capacity [1][5][6] Group 1: Product Innovation - The new optional hydrogen four-tank-module adds up to 120 miles of range, allowing for longer service routes and more demanding duty cycles [4][5] - The additional tanks provide approximately 50% more fuel capacity, which reduces the need for frequent refueling and streamlines operations for transit agencies [5][6] - The enhanced bus features a lighter, high-efficiency fuel cell power module, recyclable high-power batteries, improved waterproof battery enclosures, and a more powerful electric drive system with up to 90% energy recovery [6][7] Group 2: Market Adoption - Humboldt Transit Authority in northern California is the first public transit agency in North America to adopt this extended range feature, reporting performance that exceeds expectations in both range and reliability [2][3] - The adoption of this technology demonstrates the potential for zero-emission buses to provide dependable service in various community settings, including rural and urban areas [3] Group 3: Company Overview - NFI Group is a leading global bus manufacturer with nearly 9,000 team members across ten countries, offering a wide range of propulsion-agnostic bus and coach platforms [8][9] - The company supports an installed base of over 100,000 buses and coaches worldwide, including a significant number of zero-emission models [9][10]

Annual Awards Recognize Innovative Companies and Projects Addressing the World's Most Urgent ChallengesELKHART, Ind. and GARDEN GROVE, Calif., July 16, 2025 /PRNewswire/ -- THOR Industries (NYSE: THO), the recreational vehicle (RV) industry innovation leader, and Harbinger, the leading medium-duty electric and hybrid vehicle manufacturer, are proud to announce that they have been named winners of Fast Company's 2025 World Changing Ideas Awards for their Hybrid RV. This annual recognition honors bold and tra ...

TxTag user accounts are now managed by HCTRA, powered by Quarterhill's advanced technology, for improved operational efficiency. This transition ensures a unified and enhanced customer service experience for drivers throughout the Austin and Houston regions.TORONTO, July 15, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a global leader in providing intelligent transportation system solutions, announced today that the transition of approximately one millio ...

Core Viewpoint - Tesla's future appears promising, particularly with the potential of its new robotaxi service, which could add over $1 trillion in value by the end of 2026, but the elimination of federal regulatory credits poses a significant challenge that could impact one of its most profitable revenue sources [1][10]. Revenue Sources - Tesla is expected to lose part of its $2.76 billion revenue source from automotive regulatory credits, which are earned through the sale of low-emission vehicles [2]. - These credits have historically provided nearly 100% profit margins, significantly benefiting Tesla and other EV manufacturers [3]. Regulatory Changes - The elimination of federal regulatory credits in the U.S. is anticipated due to recent legislative changes, which would negate the value of purchasing these credits from Tesla [4]. - The changes will only affect federal programs, while state programs, such as those in California and New York, will remain intact [7]. Impact on Financials - Analysts estimate that approximately 75% of Tesla's regulatory credit revenue comes from U.S. sources, with a significant portion likely derived from California's state-level program [8]. - Tesla's net income fell 71% year-over-year to $409 million, with regulatory credit sales reaching $595 million last quarter, highlighting the importance of these credits for maintaining profitability [9]. Long-term Considerations - The elimination of federal regulatory credits will not eliminate Tesla but will complicate growth initiatives, which is a critical factor for long-term investors to consider [10].

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]

Fliers traveling through U.S. airports for nearly 20 years have had to slip off sandals, yank off boots and remove other footwear. The Transportation Security Administration says that is now coming to an end.Read more: https://t.co/v1jdRY4Z6J https://t.co/RRHghcuoGm ...

Core Insights - Microvast Holdings (MVST) is diversifying into the electric boat market through a partnership with Evoy, positioning itself to capitalize on the growing trend of transportation electrification [1][8] - The electric boat market is projected to grow at a CAGR of 10.5% from 2025 to 2030, driven by the focus on carbon emission reduction and sustainable marine transport [1] Company Developments - The collaboration with Evoy marks MVST's entry into the electric boat segment and expands Evoy's battery options, featuring the MV-I high-power battery with an energy density of 180 Wh/kg [2][8] - This partnership allows MVST to establish a presence in the leisure boat segment and enter the European marine market, as well as expose itself to the $160 billion commercial vessel segment, where fast-charging solutions are crucial [3] Financial Performance - Microvast's revenues increased by 23.9% year over year in 2024, primarily due to a 41.6% rise in sales volume from 1,139.6 MWh in 2023 to 1,613.6 MWh in 2024 [4][8] - The company's ability to enhance sales volume, combined with the potential in the marine electrification market, suggests that its strategic entry into the electric boat segment will drive continued revenue growth [5] Market Performance - MVST's stock has surged by 770.6% over the past year, significantly outperforming competitors and the industry, which has seen a rally of 45.8% [6] - In the last six months, MVST stock gained 48.9%, surpassing the industry's 8.8% increase [10] Valuation Metrics - MVST trades at a forward price-to-earnings ratio of 18.93, which is below the industry's ratio of 23.15 [10] - The Zacks Consensus Estimate for MVST's earnings is set at 13 cents per share, compared to a loss of 27 cents per share a year ago [12]

Liberia and Ivanhoe Atlantic have signed a $1.8 billion agreement that’ll allow the US mining company to rehabilitate and use the country’s railway infrastructure to transport iron ore from neighboring Guinea for export https://t.co/0sdzSePuQ9 ...

Travelers Can Leave Their Shoes On During Airport Screenings—What To Know About Reported TSA Changehttps://t.co/idFl3y0VqK https://t.co/Kn33jGNxjR ...