Sustainable Mobility
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NFI Group Amends Agreement with Coliseum Capital Management
Globenewswire· 2025-12-19 12:00
Provides Coliseum flexibility to increase its ownership up to 25% of NFI’s outstanding shares Reflects long-term support and confidence of NFI’s largest shareholder WINNIPEG. Manitoba, Dec. 19, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leader in bus and coach mobility solutions, today announced that its Board of Directors (the “Board”) has approved an amendment to its existing Investment Agreement entered into in May 2023 (as amended, the “Amen ...
Allego partners with HOFER and Enertec to deploy one of Slovenia's largest fast-charging networks
Globenewswire· 2025-12-17 13:38
Arnhem / Ljubljana, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Allego announced its expansion into Slovenia through a major partnership with HOFER, supported by Enertec as the project’s engineering and infrastructure partner. Fast-charging stations will be installed at HOFER outdoor parking areas across the country, giving drivers convenient access to charging while shopping, commuting or travelling longer distances. The rollout marks a significant step in increasing public charging availability in Slovenia, with st ...
Ryde Accelerates Growth with Strategic Expansion into Electric Vehicle Rental Market
Accessnewswire· 2025-12-10 11:00
Core Viewpoint - Ryde Group Ltd is expanding into the electric vehicle rental market to enhance its sustainable mobility initiatives and meet the growing demand for eco-friendly transportation in Singapore [1] Company Summary - Ryde Group Ltd is a leading technology platform for mobility and quick commerce in Singapore [1] - The company's strategic initiative aims to capitalize on supportive government policies and corporate ESG priorities [1] - The expansion is expected to align with the rapid consumer adoption of electric vehicles in the region [1]
ESGL Holdings Limited (NASDAQ: ESGL) Announces Strategic MOU with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to Explore a Carbon-Neutral Luxury Race Circuit in Bintan, Indonesia
Globenewswire· 2025-11-26 13:00
Core Insights - ESGL Holdings Limited has signed a non-binding Memorandum of Understanding (MOU) with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to explore the feasibility of developing a carbon-neutral luxury race circuit in Bintan, Indonesia [1][2] - The initiative aims to position Bintan as a hub for sustainable mobility and high-end automotive experiences, aligning with ESGL's mission to advance circular economy solutions [3][4] Company Overview - ESGL Holdings Limited is a Singapore-based innovator focused on reducing carbon emissions across various industries in Asia, operating through its subsidiary Environmental Solutions (Asia) Pte. Ltd [5] - De Tomaso Automobili Holdings Limited is known for its luxury automotive heritage, emphasizing craftsmanship and performance vehicles, and is exploring this collaboration in line with its long-term vision [9][10] - PT Buana Megawisatama is a strategic landowner in Bintan Resorts, playing a crucial role in the region's development and tourism infrastructure [11] Strategic Collaboration Details - The MOU will examine sustainable construction materials, circular manufacturing technologies, and the feasibility of land and infrastructure within Bintan Resorts [7] - The collaboration seeks to integrate low-carbon technologies into next-generation experiential mobility, enhancing the automotive destination concept [4][6] Executive Commentary - Executives from the involved parties expressed optimism about the potential impact of the project on regional tourism and investment, highlighting the importance of sustainability in future automotive experiences [4]
Swvl and Bank AlJazira in Saudi Arabia Mark Over 100,000 Bookings Milestone in 2025, Accelerating Sustainable Mobility Across Saudi Arabia
Globenewswire· 2025-11-26 12:00
Core Insights - Swvl Holdings Corp has achieved a significant milestone by surpassing 100,000 bookings in collaboration with Bank AlJazira since the beginning of 2025, highlighting a commitment to redefining daily commuting through technology-driven solutions [1][3][4] Group 1: Collaboration and Impact - The partnership between Swvl and Bank AlJazira aims to transform employee transportation into a greener and smarter journey, focusing on optimizing routes, reducing emissions, and enhancing commuting experiences in Saudi Arabia [2][3] - This collaboration has successfully transported thousands of employees, contributing to a reduction in the environmental footprint of corporate mobility and aligning with Saudi Arabia's Vision 2030 sustainability goals [3][4] Group 2: Future Commitment - Swvl emphasizes the importance of partnerships with forward-thinking institutions to redefine urban mobility and remains dedicated to building collaborations that deliver measurable impacts [4]
Information regarding executed transactions within the framework of a share buyback programme (outside the liquidity agreement) from 17 to 21 November
Globenewswire· 2025-11-24 16:45
Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported as of November 21, 2025, having completed 90.8% of the program, representing 3.7% of its share capital [1][3]. Group 1: Share Buyback Program - The buyback program was announced on October 30, 2025, and commenced on October 31, 2025, with a maximum budget of EUR 360 million [1]. - Ayvens has received all necessary authorizations from supervisory authorities, and the buybacks are conducted in compliance with the conditions set by the General Shareholders' Meeting on May 19, 2025 [2]. - The buybacks are executed on trading platforms where Ayvens shares are listed, including the regulated market of Euronext Paris, and the liquidity contract with BNP Paribas Exane has been temporarily suspended during this period [2]. Group 2: Buyback Details - From November 17 to November 21, 2025, Ayvens repurchased a total of 1,243,690 shares at an average purchase price of EUR 10.73 [3]. - The daily breakdown of purchases shows significant activity across multiple trading platforms, with notable volumes on November 17, 18, 19, 20, and 21, 2025 [3]. - The total number of shares repurchased represents 3.7% of the current share capital of 816,960,428 shares [3]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [4]. - The company operates with over 14,000 employees across 41 countries and manages 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [4].
Kia's All-Electric PV5 Secures Industry's Most Prestigious LCV Award
Prnewswire· 2025-11-20 08:28
Core Insights - Kia Corporation's all-electric PV5 has been awarded the '2026 International Van of the Year' (IVOTY), marking a significant achievement as the first Korean vehicle and Asia's first electric van to receive this honor [1][14] - The IVOTY award is recognized as the most authoritative global award in the light commercial vehicle (LCV) sector, with the PV5 outperforming six other finalists [2][8] - The PV5 is engineered for efficiency, long-lasting performance, and maximum versatility, establishing Kia's leadership in electric mobility [4][6] Award Significance - The IVOTY award has been established since 1992 and is considered the highest global honor in the LCV sector [2] - The PV5's recognition is only the second time an Asian brand has won this award in its 34-year history [2][8] Technological and Performance Highlights - The PV5 features three battery options: 43.3 kWh, 51.5 kWh, and 71.2 kWh, allowing operators to customize range and cost [10] - It has a low entry height, flat cargo floor, and integrated mounting points to enhance loading and upfitting efficiency [10] - The vehicle is recognized for its technological innovation, operational efficiency, advanced safety, and strong environmental performance [8][9] Customer-Centric Development - The PV5 was developed with extensive customer insights, focusing on the needs of logistics firms, delivery operators, fleet managers, and mobility service providers [11][12] - The design process emphasized ergonomics, loading efficiency, and digital uptime tools to meet real-world business requirements [11] Future Plans - The PV5 is available in Cargo Long and Passenger 5-seater variants across Europe, with plans to expand the PBV lineup starting in 2026 [13] - Future models, including the larger PV7 and PV9, aim to strengthen Kia's ambition to build a comprehensive next-generation PBV ecosystem for global businesses [13]
BorgWarner Inc. (NYSE:BWA) - A Sustainable Mobility Leader with Growth Potential
Financial Modeling Prep· 2025-11-19 17:00
Core Viewpoint - BorgWarner Inc. is positioned as a leader in providing innovative and sustainable mobility solutions for the automotive industry, focusing on propulsion systems for various vehicle types [1] Company Overview - BorgWarner specializes in propulsion systems for combustion, hybrid, and electric vehicles, competing with companies like Continental AG and ZF Friedrichshafen AG [1] Investment Potential - Despite a slight decline of approximately 0.55% over the past 30 days, the stock's fundamentals and growth potential make it a compelling investment opportunity [2] - The stock has experienced a recent dip of about 2.96% in the last 10 days, which could be viewed as a buying opportunity for investors [2] - BWA's stock price growth potential is estimated at 18.03%, indicating that the stock is currently undervalued and presents an attractive opportunity for growth-oriented investors [3][6] Financial Health - The company boasts a perfect Piotroski Score of 9, reflecting its solid financial health, including profitability, liquidity, and operational efficiency [4][6] - Strong fundamentals provide confidence in the company's ability to sustain growth and deliver value to shareholders [4] Target Price and Market Position - Analysts have set a target price of $51.40 for BWA, indicating a promising upside from current levels [5][6] - The recent touch of a local minimum suggests a potential reversal, making it an opportune time for investors to consider entering a position in BWA [5]
ALSTOM S.A: Alstom’s first half 2025/26: Excellent commercial momentum, sales ahead of plan, ready for a solid second half
Globenewswire· 2025-11-13 17:00
Core Insights - Alstom reports strong first-half performance driven by steady execution of its strategy and balanced growth across regions and product lines, with a focus on innovation and sustainability [1][2] - The company has a healthy backlog and anticipates continued momentum in the second half of the fiscal year [1][2] Orders - In the first half of fiscal year 2025/26, Alstom achieved an order intake of €10.5 billion, a 4% decrease from €10.9 billion in the same period of the previous fiscal year, attributed to the timing of several awards [7] - The order intake in Europe was €5.2 billion, down from €8.5 billion year-on-year [8] - Significant contracts in the Americas included €2.0 billion for 316 commuter rail cars and €1.0 billion for 200 Multilevel III commuter rail cars and locomotives [12] - The backlog as of 30 September 2025 stood at €96.1 billion, reflecting a solid book-to-bill ratio of 1.2x [16] Sales - Alstom's sales for the first half of fiscal year 2025/26 reached €9.1 billion, representing a 3% increase on a reported basis and an 8% increase on an organic basis compared to the previous year [17] - Rolling stock sales were €4,665 million, up 3% reported and 6% organic, driven by strong performances in France, the US, and Italy [18] - Services sales increased to €2,266 million, up 3% reported and 6% organic, with notable growth in Italy and Australia [19] Profitability - Adjusted EBIT for the first half reached €580 million, a 13% increase from €515 million in the previous year, with an adjusted EBIT margin of 6.4% [25][30] - EBIT before PPA was €443 million, a 16% increase compared to €382 million in the same period last year [27] - The net profit (Group share) for the first half was €220 million, compared to €53 million in the previous year [30] Free Cash Flow - The Group's Free Cash Flow for the first half was €(740) million, compared to €(138) million in the same period last year, reflecting expected working capital seasonality [31] - Funds from Operations stood at €411 million, up from €282 million in the previous year, driven by improved EBIT [32] Financial Structure - As of 30 September 2025, Alstom recorded a net debt position of €1,399 million, an increase from €434 million as of 31 March 2025, primarily due to Free Cash Flow consumption [34] - The Group had available cash and cash equivalents of €1,686 million, with undrawn Revolving Credit Facilities [35] Innovation and Sustainability - Alstom is committed to reducing its emissions and aims to use 100% renewable electricity in its operations by the end of 2025, with 87% already achieved [37] - The company is engaging with customers and suppliers to contribute to a Net Zero carbon trajectory in the mobility sector [38] - Alstom's Corporate Social Responsibility performance has improved significantly, achieving a score of 93/100 in the ECOVADIS evaluation [39]
Eve Air Mobility ($EVEX) | Intuitive Machines ($LUNR) | Beam Global ($BEEM) | Vision Marine ($VMAR)
Youtube· 2025-11-04 13:57
Group 1 - Eve Air Mobility has signed a framework agreement with Bahrain's Ministry of Transportation and Telecommunications to advance sustainable EV toll air mobility across the Middle East [1] - The partnership aims to develop regulations, infrastructure, and training for zero emission operations, with commercial flights planned for 2028 and international routes by 2029 [2] - Intuitive Machines has announced an $800 million agreement to acquire Lanter Space Systems, which will transform it into a vertically integrated space company capable of designing, building, and operating missions from Earth's orbit to the moon, Mars, and beyond [2] Group 2 - Beam Global will debut its EV Arc solar-powered EV charging system and Beam Bike off-grid e-bike charger in Abu Dhabi, marking its first product deployment in the UAE [3] - This deployment aligns with the region's sustainability and smart city goals, showcasing renewable and rapidly deployable charging solutions [3] - Vision Marine Technologies has filed a patent for an intelligent cooling inlet assembly on its Emotion 180E electric outboard motor, enhancing efficiency, reliability, and performance [4]