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Norway wraps up 2025 with 96% of its new car market fully electric, and Tesla's sales are surging there
CNBC· 2026-01-02 14:28
A Tesla car is being charged at a Tesla electrical vehicle charging station in Norheimsund, Norway on August 22, 2025.A record-breaking year for electric vehicle (EV) sales in Norway puts the country within touching distance of effectively erasing gasoline and diesel cars from its new car market.A total of 95.9% of all new cars registered in Norway last year were EVs, according to data published Friday by the Norwegian Road Traffic Information Council (OFV). In December, 98% of new cars were EVs.The annual ...
ALSTOM S.A: Alstom to supply 23 electric Coradia Stream trains with 10-year associated maintenance to Hellenic Train in Greece
Globenewswire· 2025-12-22 17:00
Project’s overall goal is to modernise Greek passenger rail servicesThe contract is valued at 393 million euros, including maintenance1The trains will be used for both suburban and intercity routes 22 December 2025 – Alstom, global leader in smart and sustainable mobility, has signed a contract with Hellenic Train, the main private railway company in Greece, for the supply of 23 Coradia Stream Electric Multiple Units (EMUs). The contract, valued at €393 million, includes associated maintenance services over ...
ALSTOM S.A: Alstom to supply 23 electric Coradia Stream trains with 10-year associated maintenance to Hellenic Train in Greece
Globenewswire· 2025-12-22 17:00
Project’s overall goal is to modernise Greek passenger rail servicesThe contract is valued at 393 million euros, including maintenance1The trains will be used for both suburban and intercity routes 22 December 2025 – Alstom, global leader in smart and sustainable mobility, has signed a contract with Hellenic Train, the main private railway company in Greece, for the supply of 23 Coradia Stream Electric Multiple Units (EMUs). The contract, valued at €393 million, includes associated maintenance services over ...
Recent Market Surges Highlight Top Performing Companies
Financial Modeling Prep· 2025-12-02 00:00
Company Highlights - Ambitions Enterprise Management Co. L.L.C (NASDAQ:AHMA) has experienced a stock price increase to $12.54, representing a significant rise of 160.73% following its incorporation in 2023 and its role in the travel services industry in the UAE [2][5] - Fly-E Group, Inc. (FLYE) has seen its stock price soar to $13.98, marking a 212.05% increase, driven by the growing demand for electric vehicles and sustainable transportation solutions [3][5] Industry Insights - The travel services industry in the UAE is witnessing rapid growth, as evidenced by Ambitions Enterprise Management's recent developments and partnerships [2] - The electric vehicle market is expanding, with Fly-E Group capitalizing on the trend towards sustainable transportation, although the company is currently under investigation which may affect investor sentiment [3]
Guilford County Schools Unveils First Propane School Buses
Businesswire· 2025-10-24 17:01
Core Points - Guilford County Schools has introduced 10 new Blue Bird Vision Propane school buses, which will operate on clean propane autogas, aiming to lower fuel and maintenance costs while reducing emissions [1][2][3] Group 1: Environmental Impact - The new propane buses are designed to significantly reduce harmful emissions, including a 95% reduction in nitrogen oxides compared to diesel buses, contributing to a healthier environment for students and the community [5][6] - Propane autogas is recognized as a cleaner alternative, with near-zero emissions that eliminate particulate matter and reduce smog-producing emissions [5][6] Group 2: Cost Efficiency - The district anticipates annual savings of up to $3,700 per propane-powered bus due to lower fuel and maintenance costs compared to diesel-powered buses [6] - The investment in propane buses is supported by the lower infrastructure costs associated with propane autogas fueling compared to other energy sources [4] Group 3: Technical Specifications - Each of the new 2025 Blue Bird Vision Propane buses is equipped with a 7.3L V8 Ford engine and ROUSH CleanTech propane fuel system, providing equivalent horsepower and torque to traditional gas and diesel buses [3][4] - Blue Bird Corporation is noted as the only U.S.-owned and operated school bus manufacturer, with over 22,000 propane school buses in operation across North America [6]
ALSTOM S.A: Alstom's Board of Directors appoints Martin Sion as Chief Executive Officer, effective 1 April 2026
Globenewswire· 2025-10-08 17:34
Core Points - Alstom has appointed Martin Sion as the new Chief Executive Officer, effective April 1, 2026, succeeding Henri Poupart-Lafarge, who has served since February 2016 [1][2] - The Board of Directors conducted an extensive search process and believes Martin Sion has the necessary experience to lead the company [2] - Henri Poupart-Lafarge will continue in his role until the transition to ensure a smooth handover [2] Martin Sion's Background - Martin Sion graduated from École Centrale de Paris and has held various engineering positions since joining Société Européenne de Propulsion in 1990 [4] - He has extensive experience in the aerospace sector, having held leadership roles at Snecma and Safran, and became CEO of ArianeGroup in 2023 [4] Company Overview - Alstom is a global leader in smart and sustainable mobility, committed to developing innovative transportation solutions [6] - The company operates in 63 countries with a workforce of over 86,000 people and generated sales of €18.5 billion for the fiscal year ending March 31, 2025 [6]
Jiuzi Holdings, Inc. Announces Pricing of $5.5 Million Registered Direct Offering and Concurrent Private Placement
Globenewswire· 2025-09-29 13:25
Core Viewpoint - Jiuzi Holdings, Inc. has entered into a securities purchase agreement for a registered direct offering of 9,220,000 shares and a concurrent private placement of unregistered warrants to purchase up to 18,440,000 shares, with a combined offering price of $0.60 per share and warrant [1][2]. Group 1: Offering Details - The total gross proceeds from the offering are estimated to be $5.5 million before deducting fees and expenses, with the closing expected around September 30, 2025 [2]. - The company plans to allocate approximately 70% of the proceeds to invest in cryptocurrency assets [2]. - Maxim Group LLC is acting as the sole placement agent for the offering [3]. Group 2: Regulatory Information - The ordinary shares are being offered under a shelf registration statement declared effective by the SEC on December 14, 2022, and will be made available through a prospectus supplement [4]. - The warrants issued in the private placement are not registered under the Securities Act or applicable state laws [5]. Group 3: Company Overview - Jiuzi Holdings, Inc. specializes in smart charging infrastructure for new energy vehicles in China's lower-tier cities, focusing on high-power DC fast-charging stations and integrated energy storage systems [7]. - The company aims to expand its intelligent charging network through 2026, contributing to carbon neutrality and sustainable transportation [7]. - The recent expansion into cryptocurrency asset investments is part of the company's strategy to strengthen its balance sheet and diversify its capital structure [7].
NFI’s Alexander Dennis proposes to maintain bus manufacturing in Scotland
Globenewswire· 2025-09-15 11:00
Core Viewpoint - NFI Group Inc. intends to keep its Scottish manufacturing sites operational following support from the Scottish Government and trade union partners, which is expected to preserve jobs and maintain industrial capability in the region [1][2][6]. Group 1: Company Operations - The decision to maintain operations at Alexander Dennis's Scottish manufacturing sites is supported by a furlough scheme for roles necessary to sustain future manufacturing capacity, running for 26 weeks [3]. - Increased demand for single and double-deck buses has been observed, with confidence in securing further orders to support Scottish manufacturing [4][6]. - The original consultation process was initiated in June due to a changing competitive landscape, and the new proposal allows for continued operations while limiting expected role reductions [7]. Group 2: Government and Stakeholder Support - Scottish First Minister John Swinney confirmed the Scottish Government's support during a visit to the Larbert site, emphasizing the importance of preserving jobs and skills [4][5]. - Collaboration between the Scottish Government, Scottish Enterprise, and trade unions has been crucial in reaching this outcome [6][7]. Group 3: Financial Implications - NFI does not expect any changes to its financial guidance for 2025, and plans to reduce a $14.9 million restructuring provision originally recorded in Q2 2025 in its Q3 2025 financial results [9].
Calgary Becomes the First Canadian City to Launch Bird's Next-Generation E-Scooter and E-Bike Fleet
Globenewswire· 2025-09-12 20:00
Core Insights - Bird Canada has launched its new Bird Dash e-scooter and Bird Explorer e-bike in Calgary, marking the city's first rollout of this advanced fleet [1][3] - The new vehicles are designed to enhance micromobility options, providing a sustainable alternative to short car trips for Calgarians [3][6] Fleet Highlights - The new fleet features lightweight designs, advanced safety technology, and is accessible for riders of all sizes, ages, and experience levels [2][9] - Key safety enhancements include upgraded braking systems, improved stability, and enhanced lighting [9] - The vehicles are equipped with modern technology such as phone chargers, signal lights, and software upgrades for better ride safety and affordability [9] Community Engagement - Bird Canada will showcase its new vehicles at the Hub & Spokes Tour in partnership with The Calgary Climate Hub and The City of Calgary, offering test rides and free helmets [5] - The company aims to improve mobility, reduce traffic congestion, and support connected communities in Calgary [6][7] Company Overview - Bird is a global leader in the micromobility industry, operating in over 200 cities worldwide and focusing on sustainable transportation solutions [7]
Blink Charging Co (BLNK) Ramps up UK Expansion with Flowbird Smart City Pact
Yahoo Finance· 2025-09-11 17:15
Core Insights - Blink Charging Co. is expanding its presence in the UK market by securing partnerships for electric vehicle (EV) charging infrastructure, with Flowbird Smart City UK being the latest addition to its network [1][2]. Group 1: Company Developments - The UK subsidiary of Blink Charging will collaborate with Flowbird Smart City UK to provide EV charging solutions for NHS Property Services across the UK, starting with the installation of chargers at various NHS sites [2][3]. - The partnership aims to develop scalable EV charging networks, integrating Blink Charging's proprietary platform and Smarter Building portal [3]. Group 2: Business Model and Services - Blink Charging Co. offers comprehensive EV charging solutions, including the sale, installation, and operation of charging stations, as well as proprietary network software for various clients [3]. - Additional services provided by the company include site surveys, network management, and maintenance plans, with a focus on accelerating EV adoption and supporting sustainable transportation globally [3].