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Ideal Power CEO sees electric vehicle momentum building with Tier 1 supplier engagements
Proactiveinvestors NA· 2025-06-30 16:22
Core Viewpoint - Ideal Power Inc is gaining traction in the electric vehicle sector with a new order from a global Tier 1 automotive supplier for its B-TRAN semiconductor devices and SymCool power modules, which are essential for next-generation solid-state EV contactor designs [1] Group 1: Customer Engagement and Market Positioning - The CEO highlights the increasing traction of B-TRAN in both automotive and industrial markets, emphasizing the importance of recent customer engagements and the company's scaling efforts to meet anticipated demand [2] - Ideal Power is actively working with Stellantis and multiple Tier 1 suppliers, positioning itself for broader adoption of its high-efficiency power semiconductor solutions [2][5] - The education process for Tier 1 suppliers is becoming more efficient, allowing for quicker adoption of Ideal Power's technology [4][6] Group 2: Production and Development Capabilities - The company has established multiple wafer fabrication partners to meet production needs for the next few years, ensuring readiness for increased demand [12] - Ideal Power is prepared to license its technology to additional providers if necessary, allowing the company to focus on technology development while meeting automaker demands [13] - The company is not constrained by its relationships with automakers, leveraging insights gained from various engagements to enhance its offerings [14] Group 3: Future Developments - Upcoming updates are expected regarding the collaboration with Stellantis, design wins in industrial applications, and progress in the automotive qualification process [15] - The company aims to enhance the power rating of its products to improve performance, indicating a strong pipeline of developments [15]
William Blair's Jed Dorsheimer on Tesla: Technology is always deflationary
CNBC Television· 2025-06-30 15:45
The Model Y SUV drove 30 minutes to a customer's home from the factory in Austin, Texas, where the company also just launched its robo taxi service. Well, joining us now, Jed Dorshimer, group head of energy and power technologies at William Blair. He's got an overweight rating on the stock.Great to have you with us as always. Good to see you. What What's the latest.Thanks for having me back. Yeah. What's the latest change you put out.So, you've had a buy for a while and a and a price target where and you're ...
WTF | Meet the Microcar 🏍️ x 🚗
CNET· 2025-06-30 15:08
The Microcar is what happens when the size of a motorcycle is blended with the idea of a traditional car. Would you buy one? #microcar #cartech #vehiclesofthefuture #cars Subscribe to CNET on YouTube: https://www.youtube.com/cnet Never miss a deal again! See CNET’s browser extension 👉 https://bit.ly/3lO7sOU Check out CNET’s Amazon Storefront: https://www.amazon.com/shop/cnet Follow us on TikTok: https://www.tiktok.com/@cnetdotcom Follow us on Instagram: https://www.instagram.com/cnet/ Follow us on Bluesky: ...
Cyngn Inc. Announces Closing of $17.2 Million Registered Direct Offering
Prnewswire· 2025-06-30 14:26
Core Viewpoint - Cyngn Inc. has successfully closed a registered direct offering, raising approximately $17.2 million through the sale of shares and pre-funded warrants at a price of $7.50 per share [1][3]. Group 1: Offering Details - The offering included the sale of 2,293,333 shares of Common Stock or Pre-Funded Warrants, with the public offering price set at $7.50 per share [2]. - The Pre-Funded Warrants are immediately exercisable and can be exercised at any time until fully exercised [2]. - The transaction closed on June 30, 2025, and the net proceeds will be used for general corporate purposes and working capital [3]. Group 2: Regulatory and Legal Aspects - The offering was conducted under an effective shelf registration statement on Form S-3, which was filed with the SEC and declared effective on June 13, 2023 [4]. - Aegis Capital Corp. served as the exclusive placement agent for the offering, while Sichenzia Ross Ference Carmel LLP and Kaufman & Canoles, P.C. acted as legal counsel for the company and Aegis Capital Corp., respectively [3]. Group 3: Company Overview - Cyngn develops autonomous vehicle technology aimed at addressing challenges faced by industrial organizations, such as labor shortages and safety incidents [7]. - The company's DriveMod technology allows customers to integrate self-driving technology into their operations without significant upfront costs or infrastructure changes [8]. - DriveMod is currently available on specific models like Motrec MT-160 Tuggers and BYD Forklifts, with the Tugger capable of hauling up to 12,000 lbs and a typical payback period of less than 2 years [9].
Garrett Motion added to Russell 2000® Index
Globenewswire· 2025-06-30 12:00
Core Insights - Garrett Motion Inc. has been added to the Russell 2000® Index, effective June 27, 2025, reflecting the company's growth and market position in automotive technology [1][2] - The addition to the index signifies Garrett's advancements in turbo technologies and its commitment to zero-emission mobility solutions [2] - Membership in the Russell 2000® Index is based on inclusion in the broader Russell 3000® Index, which is widely utilized by investment managers and institutional investors [2] Company Overview - Garrett Motion has a 70-year history in the automotive sector, focusing on innovation in turbocharging and differentiated technology solutions [5][6] - The company operates five R&D centers and 13 manufacturing facilities, employing over 9,000 people across more than 20 countries [6] - Garrett is actively developing technologies for Zero Emission Vehicles, including fuel cell compressors and electric propulsion systems [5][6]
【Tesla每日快訊】 Robotaxi為何危機四伏?揭秘百萬車隊的四大隱藏危機!🔥德國車企抱團取暖/V4超充樁登陸中國(2025/6/30-2)
大鱼聊电动· 2025-06-30 11:15
大家好我是大鱼 今天的资讯 包括下面几个消息 1. 德国汽车业联手 打造软体新生态 2. 特斯拉V4超充桩 登陆中国! 3.Robotaxi的隐藏危机 关注这些领域的朋友 不要错过 今天重要的内容 OK let's go 第一部分 德国汽车业联手打造 软体新生态 上周德国11家汽车制造商 与零部件供应商 在德国汽车工业 协会(VDA)的支持下 签署了一份重量级的 谅解备忘录(MoU) 目标是共同开发一个 开放且标准化的 车载软体平台 这可是德国汽车业 对抗数字化浪潮的 关键战略 这11家公司 涵盖了从传统汽车巨头 到核心零件供应商 大家决定不再 各自为政 而是携手合作 打造一个能加速 软体更新 提升车辆智能化的 生态系统 这个平台将支援 远程软体更新(OTA) 让你的爱车 不必跑去维修厂 软体就能像手机一样 自动升级 安全性和用户体验 都会有显著提升 为什么要这么做? 因为现代车辆的 软体复杂度爆炸 单靠一家企业独自开发 不仅成本高昂 还容易造成 行业的重复投资 效率低下 透过开源合作 大家共享核心模组 专注打造差异化特色 既降低风险 又能快速迭代 这种软体共享的经济模式 正是未来汽车 产业竞争的关键 根据规 ...
X @Bloomberg
Bloomberg· 2025-06-30 06:46
A wave of Chinese EVs, some selling for less than $20,000, is testing Australia’s long-held love for diesel pickups and gasoline-powered SUVs https://t.co/pzLZIr7gNV ...
X @The Economist
The Economist· 2025-06-30 06:00
Ukraine hopes that unmanned ground vehicles will soon begin to carry the burden of its war with Russia, in place of men. We explain how https://t.co/gRvqz1ea7LPhoto: Getty Images https://t.co/gn0mLV1ufw ...
摩根士丹利:常熟汽饰-风险收益更新
摩根· 2025-06-30 01:02
June 24, 2025 08:25 AM GMT M Update Jiangsu Changshu Automotive Trim Group | Asia Pacific Risk Reward Update What's Changed Jiangsu Changshu Automotive Trim Group (603035.SS) From To Price Target Rmb15.60 Rmb14.70 Base Case Rmb15.60 Rmb14.70 Updated Components EPS Bull Base Bear Scenarios Risks to Price Target / Rating Risk Reward for Jiangsu Changshu Automotive Trim Group (603035.SS) has been updated Reason for change Our changes to Changshu Trim include: 1) We raise our revenue forecasts by 4.6% and 7.9% ...
1844万元招标新一批新能源客车!
第一商用车网· 2025-06-29 13:29
近日,浙江恒风集团有限公司发布新一批客车招标公告,计划招标一批12米纯电动双层观光 巴士、5米3纯电动城市公交车(微循环),总预算 1844万元。 一、项目基本情况 项目编号:YCQ-2025-CG148 项目名称:浙江恒风集团有限公司12米纯电动双层观光巴士、5米3纯电动城市公交车(微循 环)采购项目 预算金额(元):18440000 采购需求: 标项一 标项名称:浙江恒风集团有限公司浙江恒风集团有限公司12米纯电动双层观光巴士采购项目(一 标段) 预算金额(元):13800000 简要规格描述或项目基本概况介绍、用途:详见招标文件 备注: 标项二 标项名称:浙江恒风集团有限公司浙江恒风集团有限公司5米3纯电动城市公交车(微循环)采购 项目(二标段) 预算金额(元):4640000 简要规格描述或项目基本概况介绍、用途:详见招标文件 备注: 合同履约期限:标项1、2,详见招标文件 1.依法设立:申请人应为中华人民共和国境内依法注册的、具有独立法人资格的单位或其他组 织 2.财务要求:申请人应承诺中选后向采购人开具符合采购人要求的增值税专用发票 3.本项目的特定资格要求:无 三、获取招标文件 时间:2025年 ...