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JM Smucker shares slide on mixed quarterly earnings, weak profit outlook
Proactiveinvestors NA· 2025-06-10 14:36
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Blink Charging UK to Expand EV Charging Network in North Hertfordshire
GlobeNewswire News Room· 2025-06-10 12:30
Core Insights - Blink Charging UK has signed a contract with North Hertfordshire Council to establish a comprehensive electric vehicle (EV) charging network in the region, which will include 18 new charging stations [1][2][3] - This initiative will increase the total number of charging stations in Hertfordshire County to just under 1,000, supporting the region's sustainability goals and efforts to reduce carbon emissions [2][3] - The locations for the new charging stations were strategically chosen to ensure accessibility for residents without off-street parking, facilitating the transition to electric vehicles [3] Company Overview - Blink Charging UK is a leader in EV charging technology and services, committed to providing accessible and reliable charging options across the UK [4] - The company operates a proprietary, cloud-based software system that manages and tracks EV charging stations and associated data, enhancing the efficiency of its charging networks [5] - Blink Charging Co. has established strategic partnerships to promote the adoption of EV charging solutions across various locations, including residential, commercial, and public spaces [5]
U Power Provides Business Update and Outlines Key Objectives for 2025 and Beyond
Prnewswire· 2025-06-10 12:00
Core Viewpoint - U Power Limited aims to become a smart energy grid solutions provider by leveraging its UOTTA battery-swapping technology and expanding its business through strategic partnerships and innovative solutions [1][11]. Recent Business Developments - The company reported a total revenue of $6.2 million for the full year 2024, marking a 124% increase compared to 2023, and sold 12 battery-swapping stations during the same period [2]. - U Power has established partnerships in Thailand, Portugal, Hong Kong, Peru, and Mexico to promote UOTTA battery-swapping services and is collaborating with major EV manufacturers in these regions [3]. - The company holds 46 issued patents and has 18 pending patent applications, enhancing its technological capabilities [4]. Growth Strategy for 2025 and Beyond - U Power's strategy focuses on two main pillars: leveraging existing battery-swapping technology to build a UOTTA-centered ecosystem and investing in next-generation technologies to develop comprehensive solutions for EV manufacturers and drivers [5][6]. - Plans include incorporating UOTTA into more EVs, accelerating international rollout through partnerships, and investing in technology innovation, including an AI-based data management cloud platform [8]. - The introduction of "Battery Bank" solutions and "Commercial Energy Storage" solutions aims to enhance battery lifecycle performance and support energy storage needs [9]. Company Overview - U Power Limited is a provider of electric vehicle battery-swapping solutions using its proprietary UOTTA technology, which includes manufacturing and selling various models of battery-swapping stations and providing related services [10].
E-Z-GO® Celebrates National Golf Cart Day
Prnewswire· 2025-06-10 11:17
Core Points - Textron E-Z-GO LLC is celebrating National Golf Cart Day 2025 by offering a $500 discount on any new E-Z-GO vehicle purchased from authorized dealers [1][2] - The promotion runs from June 13-15, 2025, and can be combined with existing rebates from the "Red, White, & Built Right" savings event, which offers rebates between $1,000 and $4,000 on select models [2] - National Golf Cart Day, observed on June 13, marks the anniversary of E-Z-GO's founding in 1954, celebrating its 71st birthday this year [3] Company Overview - E-Z-GO, founded in Augusta, Georgia, is a leader in the design and manufacture of golf cars and utility vehicles, known for innovative sustainable electric-vehicle technology [6] - The company operates on a 54-acre campus in Augusta, employing over 1,000 people and producing tens of thousands of vehicles annually for a global customer base [4] - E-Z-GO's product lineup includes models such as RXV fleet golf cars, Freedom and Valor personal golf cars, and the E-Z-GO Express personal utility vehicles, with the latest innovation being the Liberty, which features four forward-facing seats [6] Industry Context - The golf cart industry plays a significant role in both the sport of golf and personal transportation, with E-Z-GO being an iconic American brand in this sector [5] - Textron Inc., the parent company of E-Z-GO, operates across multiple industries, leveraging its global network to provide innovative solutions and services [7]
Winnebago Industries to Announce Third Quarter Fiscal 2025 Financial Results on June 25, 2025
Globenewswire· 2025-06-10 11:00
Core Points - Winnebago Industries, Inc. plans to release its third quarter fiscal 2025 financial results on June 25, 2025, before the New York Stock Exchange opens [1] - A conference call will be held at 9:00 a.m. CT, hosted by the President and CEO Michael Happe and Senior Vice President and CFO Bryan Hughes [1] Company Overview - Winnebago Industries is a leading North American manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, under various brands such as Winnebago, Grand Design, and Chris-Craft [3] - The company is committed to sustainable innovation and vertical integration in key component areas, with multiple facilities located in Iowa, Indiana, Minnesota, and Florida [3] - Winnebago Industries' common stock is traded on the New York Stock Exchange under the symbol WGO [3]
Mullen Automotive Finalizes Settlement with GEM Group
Globenewswire· 2025-06-10 09:00
Core Viewpoint - Mullen Automotive has finalized a settlement with GEM Yield Bahamas Limited and GEM Global Yield LLC, resolving all outstanding legal disputes and allowing the company to focus on its operational priorities moving forward [1][2][3] Company Overview - Mullen Automotive is an electric vehicle manufacturer based in Southern California, with two vehicle plants located in Tunica, Mississippi, and Mishawaka, Indiana [4] - The Mishawaka facility spans approximately 780,000 square feet on nearly 58 acres, originally constructed for Hummer H2 production by General Motors [4] Recent Developments - Mullen began commercial vehicle production in Tunica in August 2023, with the Mullen ONE and Mullen THREE receiving CARB and EPA certification as of January 2024 [5] - The company has established a commercial dealer network across key U.S. markets, including the West Coast, Midwest, and New England [5] - Bollinger Motors, a majority-owned subsidiary of Mullen, launched production of its Class 4 electric truck, the B4, on September 16, 2024, and has developed a dealer network with over 50 locations [6]
Uber is teaming up with a Microsoft-backed startup to launch robotaxis on the chaotic roads of London
Business Insider· 2025-06-10 08:31
Core Insights - Uber and Wayve are launching a pilot program for fully driverless autonomous vehicles in London, marking a significant step in Uber's robotaxi ambitions [1][2] - The UK government is expediting the approval process for self-driving taxi pilots, moving the timeline from 2027 to spring 2026 [2] - Wayve's AI technology allows for a more adaptable driving experience compared to competitors, as it does not rely on high-definition maps [5][6] Company Strategies - Uber has shifted its strategy from developing its own self-driving cars to partnering with self-driving companies, including Wayve, Waymo, WeRide, and Pony.AI [3][4] - The partnership with Wayve includes deploying self-driving vehicles powered by Wayve's technology across multiple global markets [4] Technology and Testing - Wayve's autonomous vehicles have been tested in 90 cities over the past 90 days, showcasing the technology's adaptability to diverse driving conditions [6] - The initial robotaxi service in London will utilize a combination of sensors, including cameras, radar, and lidar, to navigate the complex urban environment [7] - Wayve's AI driver is designed to react to the physical world similarly to a human, enhancing its operational capabilities in various settings [5][8]
安徽合肥:文明一座城,向上新力量
Huan Qiu Wang· 2025-06-10 06:37
Core Points - The 2025 China Internet Civilization Conference opened in Hefei, marking the first time this national event is held in the Yangtze River Delta and central regions [2][3] - Hefei is recognized as a city driven by technology and innovation, with terms like "investment city" and "smart city" frequently associated with it [5] - Hefei has been awarded the title of "National Civilized City" for four consecutive terms, emphasizing its commitment to a benevolent mainstream value system [7] Group 1: Internet Civilization and Social Development - Hefei promotes online and offline initiatives to foster a culture of kindness, including a media evaluation column with over 2 billion reads and various volunteer activities [8][11] - The city has implemented a project called "AI Dreaming Basic Education," which has provided over 3.2 million yuan worth of smart devices to 833 schools across 12 provinces [11][12] - Hefei has taken significant steps to ensure a clean online environment, clearing over 70,000 harmful pieces of information in 2024 alone [11] Group 2: Smart City Development - Hefei has developed a "city brain" that utilizes vast data and intelligent algorithms to enhance urban governance and improve public services [15][18] - The city has implemented smart traffic management systems, achieving a green wave coverage of 27.56% across 862 intersections, resulting in a 34.5% increase in average driving speed [17] - Hefei has established 44 smart elderly care service centers, providing comprehensive services to the elderly population [20] Group 3: Economic Growth and Innovation - Hefei has positioned itself as a leader in artificial intelligence, with 813 AI-related enterprises and significant advancements in the electric vehicle sector, achieving a production volume of 1.376 million units in 2024, a year-on-year increase of 84.5% [25][29] - The city aims to develop its cultural and creative industries, with plans for the Purple Cloud Mountain Cultural and Creative Industry Park to reach a scale of over 100 billion yuan by 2027 [26][28] - Hefei's GDP reached 1.35077 trillion yuan in 2024, ranking it among the top 20 cities in China, with a growth rate of 6.6% in the first quarter of this year [29][30]
POLARIS AND RZR FACTORY RACING MAKE HISTORY WITH COMPLETE DOMINATION OF 2025 SCORE BAJA 500®, SWEEPING UTV OVERALL PODIUM WITH 1-2-3 FINISH
Prnewswire· 2025-06-09 20:00
Core Insights - The Polaris RZR Factory Racing team achieved a historic podium sweep at the 2025 SCORE Baja 500, with Brock Heger securing his seventh consecutive UTV overall victory, marking a rare three-peat for the team [1][2][5] Performance Highlights - Brock Heger led the race wire-to-wire, completing the 461-mile course without any issues, and finished eighth among all four-wheel vehicles [2][5] - Cayden MacCachren finished physically third but was elevated to second overall due to penalties assessed to another vehicle, contributing to the team's 1-2-3 finish [4][5] - Ethan Groom and Justin Morgan, who shared driving duties, initially crossed the finish line second but were placed third overall after post-race penalties [3][4] Team and Vehicle Performance - The RZR Pro R Factory demonstrated exceptional power, strength, and control throughout the race, solidifying its reputation as the vehicle to beat in the UTV category [5] - The team’s performance is attributed to the hard work of the RZR engineering team and the dedication of the drivers [5] Future Events - The Polaris RZR Factory Racing team will compete in the Best in the Desert Vegas to Reno race from August 13–16, 2025, which is the only race win that has eluded the factory team [7] Company Background - Polaris Inc. is a global leader in powersports, offering a wide range of off-road vehicles and related products, and has been in operation since 1954 [9]
Airstream and Frank Lloyd Wright Foundation Launch Limited Edition Travel Trailer
Prnewswire· 2025-06-09 19:35
Core Concept - Airstream has partnered with the Frank Lloyd Wright Foundation to launch the Airstream Frank Lloyd Wright Usonian Limited Edition Travel Trailer, celebrating American design and organic architecture with a limited production run of 200 units [1][11]. Design and Features - The travel trailer was designed collaboratively by Airstream's engineering teams and the Frank Lloyd Wright Foundation, integrating aerodynamic curves with Wright's organic architecture principles [3]. - The 28-foot trailer emphasizes small space efficiency and open floor plans, inspired by Wright's Usonian home design principles [4][9]. - Unique features include a rear hatch for panoramic views, convertible twin beds to a king-sized bed, and a front living space that allows for a pull-out sofa [5][6][7]. - The design incorporates ample natural light through strategically placed windows and circular porthole designs, reflecting Wright's architectural style [8]. - Historic elements from Wright's career, such as a never-produced mobile kitchen concept and a color palette inspired by a 1955 paint collection, are included in the design [9]. Customization and Pricing - The travel trailer will feature custom badging in Taliesin Red and is priced at $184,900, available through Airstream dealers nationwide [11]. - Airstream and the Frank Lloyd Wright Foundation have also developed a line of inspired home goods, apparel, and gifts to accompany the trailer launch [11]. Company Background - Airstream is a long-established manufacturer of recreational vehicles, known for its iconic riveted aluminum travel trailers, and is committed to high-quality, well-designed products [12]. - The company operates under THOR Industries, which is the largest manufacturer of recreational vehicles globally [12]. Foundation Background - The Frank Lloyd Wright Foundation, established in 1940, focuses on preserving Wright's architectural legacy and promoting connections to nature and the arts [13].