NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Zoomcar Holdings, Inc. (OTCQX: ZCAR) (“Zoomcar”), leading marketplace for self-drive car sharing in India, has qualified to trade on the OTCQX® Best Market. Zoomcar previously traded on NASDAQ. Zoomcar begins trading today on OTCQX under the symbol “ZCAR.” U.S. investors can find current financial disclosure and Real-Time Level ...

Core Insights - U Power Limited's Thai subsidiary, USWAP Co., Ltd., has delivered 21 battery-swapping-enabled MG EP vehicles to Auto Drive EV Public Company Limited, marking the deployment of Southeast Asia's first fleet of battery-swapping taxis [1][2] - The vehicles utilize U Power's UOTTA fully automated battery-swapping technology, allowing for a full battery replacement in just 3 minutes, enhancing operational efficiency for taxi services [2][3] - This initiative aligns with Thailand's EV 3.5 Policy, which aims to promote EV adoption and establish a nationwide charging/swapping network by 2027 [2] Market Impact - The deployment of the battery-swapping fleet in Phuket aims to improve air quality and position the island as a leader in smart EV solutions, catering to the growing demand for efficient transportation in a major tourist destination [3][5] - U Power's expansion of its battery-swapping network across urban centers and transportation routes focuses on commercial applications, including taxis and logistics fleets, addressing energy replenishment and grid stability challenges in Thailand's rapidly growing EV market [5][6] Leadership Perspectives - U Power's CEO emphasized that this delivery represents a significant step for Southeast Asia's EV transition and aligns with Thailand's carbon neutrality goals [4] - The partnership with Sumitomo Mitsui Auto Leasing and Auto Drive is seen as a model for integrating financial innovation with sustainable development in the EV sector [4] - Auto Drive's Chairman highlighted the commitment to deploying up to 2,000 electric taxis by 2025, reinforcing the focus on reducing carbon emissions in key tourist cities [4][9]

Steve Bindas Investor Presentation FIRST QUARTER 2025 Director of Investor Relations 920-357-SNDR investor@schneider.com Disclaimer and Forward-Looking Statements Special Note Regarding Forward-Looking Statements This presentation and certain information that management may discuss in connection with this presentation, may include "forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"), which express management's current views, expectations, beliefs, plan ...

BOSTON, April 29, 2025 /PRNewswire/ -- indiGOtech (Tradename: GO), a new mobility tech company based in Massachusetts, today announced it closed a $54 million Series BB funding round, including investments from FedEx (NYSE: FDX), Foxconn (2354.TW) and FM Capital. These investments accelerate GO's mission to provide sustainable local transport, leveraging its patented SmartWheels™, Smart EVs and Smart Mobility Services. Mobility Network Companies (MNCs) today all compete for gig drivers that mostly use gas c ...

Core Insights - Envoy Technologies Inc. has launched a new electric vehicle car-sharing service at 210 South 12th, a luxury high-rise in Philadelphia, marking a significant step in the company's expansion and urban living standards [1][5] - The collaboration with 210 South 12th enhances the property's appeal by providing exclusive access to Envoy's EV-sharing service, including the first Cadillac LYRIQs in the Philadelphia fleet [2][5] - The integration of a fully automated parking garage, the largest in the country and first in Philadelphia, aligns with Envoy's commitment to innovative and sustainable transportation solutions [3][4] Company Overview - Envoy is a leading provider of electric vehicle fleet technology and EV-sharing services, headquartered in Culver City, California, focusing on private property amenities [7] - The company aims to reduce parking demand and individual car ownership while enhancing mobility as part of residents' lifestyles [7] - Envoy's services are designed to enrich the living experience in high-end residential properties, aligning with urban development goals [7] Market Position - The launch at 210 South 12th strengthens Envoy's presence in the Philadelphia luxury market and demonstrates its ability to integrate with advanced residential technologies [5] - This collaboration opens opportunities for potential expansion into other metropolitan areas with similar high-end properties [5] - Property managers are encouraged to consider Envoy's services to enhance their offerings and attract residents [5]