Financial Data and Key Metrics Changes - Revenue for Q3 Fiscal 2026 reached $106 million, exceeding guidance of $90 million-$100 million, up 7% sequentially and 6% year-on-year [4][12] - Non-GAAP gross margin remained at a record high of 33%, flat sequentially and up 7 percentage points year-on-year [12][15] - Non-GAAP adjusted EBITDA loss was $19 million, an improvement from a loss of $22 million in the prior quarter and $29 million in the same quarter last year [15][19] - Cash balance at the end of the quarter was $181 million, down from $195 million in the prior quarter, reflecting cash usage of $14 million [15][16] Business Line Data and Key Metrics Changes - Network charging systems revenue was $56 million, accounting for 53% of total revenue, up 12% sequentially and 7% year-on-year [12] - Subscription revenue was $42 million, representing 40% of total revenue, up 5% sequentially and 15% year-on-year [13] - Other revenue accounted for $7 million, or 7% of total revenue [13] Market Data and Key Metrics Changes - North America accounted for 85% of revenue, while Europe made up 15%, consistent with recent quarters [14] - Demand in Europe is accelerating, with significant opportunities emerging across key markets [5][6] Company Strategy and Development Direction - The company is focused on a three-year strategic plan built on four pillars: efficient hardware innovation, software innovation, world-class driver experiences, and operational excellence [8][9] - The partnership with Eaton is expected to drive innovation and expand market presence [10][45] - The company aims to leverage favorable regulatory support and infrastructure investments in Europe to drive growth [6][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued revenue growth, particularly in the second half of calendar 2026, driven by new products and partnerships [4][18] - The competitive landscape is consolidating, creating opportunities for the company to expand its market presence [6][19] - Management remains cautious about the broader macroeconomic environment but is optimistic about growth prospects [18] Other Important Information - The company completed a debt exchange transaction that reduced total debt by $172 million and extended maturity to 2030 [5][17] - The company manages approximately 375,000 ports globally, including over 39,000 DC fast chargers [8] Q&A Session Summary Question: Inquiry about product evolution and demand from virtual power plants - Management discussed the new Flex product line that is V2G and V2H-enabled, which will roll out in 2026, and a new DC fast charging product that integrates directly with a DC grid [22][24] Question: Potential for inventory reduction - Management indicated a small decline in inventory is expected in Q4, with a more significant decrease anticipated throughout the next fiscal year [25][26] Question: Expectations for gross margin potential with new products - Management stated that improvements in hardware margin will depend on product mix and expect larger improvements as new products are released in the latter half of next year [29][30] Question: Confidence in projects in Europe - Management expressed confidence in winning significant deals in Europe due to positive customer feedback on new products [35][36] Question: NEVI funding and project financing - Management confirmed that 40 states are active in NEVI and awarding contracts, with projects moving forward [48][49]

PARIS, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today announced the successful start-up and inauguration of its new finishing lines at its Singen plant in Germany. This milestone marks the completion of the €30 million investment announced in 2024 in partnership with Lotte Infracell, a subsidiary of Lotte Aluminium, to supply high-quality aluminum foilstock for battery applications in Europe. The project was executed safely, on schedule and on budget. Construction of the new building wa ...

Financial Performance & Growth Strategy - TE Connectivity's FY25 sales are projected to be over $17 billion, serving a connectivity market of approximately $130 billion[14] - The company aims for 6-8% growth through the cycle, driven by secular trends and both organic and inorganic opportunities[13, 30] - TE Connectivity targets 30%+ incremental operating margins and double-digit adjusted EPS growth[13, 30] - The company expects 100%+ free cash flow conversion of adjusted net income, with a disciplined capital strategy[13, 30] - Adjusted operating margin is expected to be approximately 21% in FY25[14, 34, 67] Segment Performance & Market Opportunities - Industrial Solutions is expected to generate approximately $8 billion in sales[15] - Transportation Solutions is expected to generate approximately $9 billion in sales[16] - The company anticipates over $4 billion in incremental revenue opportunity over the next 5 years from portfolio investments[25] - Transportation Solutions is targeting 4-6% growth over market through 2030, fueled by megatrends[70, 77] Strategic Initiatives - The company is focused on co-creating next-generation architectures with customers to drive value creation[13, 19] - Portfolio investments in areas like AI, next-generation energy, factory automation, and e-mobility are expected to drive strong content growth[25]

Core Insights - SPACEVELO launched its next-generation dual-battery e-bike, the BLITZ S1, at the 2025 SEMA Show, attracting significant attention from various demographics including media, families, and young riders [1][3][10] Product Features - The BLITZ S1 features a dual-battery system that provides up to 100 miles of range, designed for both school commutes and recreational rides [3] - It is equipped with a 1200W peak motor and hydraulic suspension, ensuring smooth acceleration and control across different terrains [6] - The e-bike includes a custom cargo rack system and modular accessories, making it versatile for carrying luggage, pets, sports gear, or surfboards [6] Market Reception - The SPACEVELO booth experienced high traffic and engagement, with visitors praising the BLITZ S1 for its engineering, safety design, and smart app integration [8] - The positive feedback from younger riders indicates a growing demand for eco-friendly and expressive mobility solutions [4] Strategic Importance - SPACEVELO's participation in SEMA represents a significant step in its U.S. market expansion, aiming to make e-mobility exciting and accessible [10]

Core Viewpoint - Bollinger Innovations, Inc. expands its commercial sales and service network by appointing Ziegler Truck Group and Range Truck Group as official dealers, enhancing its presence in Minnesota, Wisconsin, Iowa, and Washington [1][2][3] Company Overview - Bollinger Innovations, Inc. is an electric vehicle manufacturer based in Southern California, focusing on commercial electric vehicles with a manufacturing facility in Tunica, Mississippi [5][6] - The company has launched the B4, a Class 4 electric truck, and has developed a dealer network with over 50 locations across the United States for sales and service support [6] Dealer Network Expansion - The addition of Ziegler Truck Group and Range Truck Group allows for the sale of the Bollinger B4 chassis cab, Mullen ONE Class 1 EV cargo van, and Mullen THREE Class 3 EV chassis cab truck, which will be rebranded as Bollinger Motors vehicles in future model years [2][3] - Ziegler Truck Group has a 110-year legacy in selling and servicing construction and agriculture equipment, while Range Truck Group specializes in industry-changing vehicles and charging solutions [3][4] Commitment to Sustainability - Both Ziegler and Range Truck Group are committed to e-mobility and sustainability, aligning with Bollinger Motors' vision for a more sustainable transportation future [3][4] - The Pacific Northwest is highlighted as an environmentally focused region, where the partnership aims to make a significant impact on the transportation industry's sustainability [5][4]