Vehicle

Search documents
OPENLANE to Announce First Quarter 2025 Earnings
Prnewswire· 2025-04-16 20:15
CARMEL, Ind., April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025.OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, May 7, 2025, at 5:00 p.m. ET. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call. A live webcast will be available ...
U POWER LIMITED (NASDAQ:UCAR) and ELMO Joint Venture Pioneer Rapid Battery-Swapping Solutions for Portugal's Taxi Sector
Prnewswire· 2025-04-15 11:30
LISBON, Portugal, April 15, 2025 /PRNewswire/ -- U POWER LIMITED, a global leader in green smart energy grid innovation, together with its ELMO joint venture partner ANTRAL, unveiled transformative plans to redefine urban mobility at ANTRAL's 50th Anniversary & XVI Taxi Day, held from April 10 to 13, 2025, at the Lisbon Congress Center. Focused on accelerating Portugal's transition to zero-emission transport, the initiative centers on deploying cutting-edge battery-swapping technology tailored for taxi flee ...
Q1新能源车市生变:纯电重拾增势,增程光环渐褪
高工锂电· 2025-04-12 12:02
摘要 纯电销量占比重回60%。 2025 年伊始,中国新能源车市风向 再度 转变 。 最新数据显示,纯电动汽车的增长势头正在复苏,而 在 2024 年 表现抢眼的增程式电动汽车则显 现疲态,市场格局较 2024 年发生逆转。 回顾 2024 年, 增程、插混 车型 成为 中国新能源汽车市场增长的主要驱动力。 当年,狭义插 电混动车型批发销量达到 391 万辆,同比激增 84.8% ;增程式车型批发销量亦达 117.9 万 辆,同比增长 70.9% 。 相比之下,纯电动汽车 2024 年全年批发销量虽有 709.5 万辆,但同比增速仅为 15.9% 。 这一增长差异导致纯电动车在全年新能源批发总量中的份额降至 58% ,插电混动与增程式合计占 比达 42% ,呈现出与纯电平分秋色的态势。 然而,进入 2025 年,中国新能源乘用车市场结构 开始 经历显著转向。 与此同时,增程式车型的增长显著放缓, 1 月同比甚至下降 11.3% , 2 月增速仅为 7.4% , 3 月虽回升至 26.0% , 但已落后于纯电和插混。 纯电动市场的复苏呈现出鲜明的 " 杠铃形 " 结构特征,主要由低端入门级和高端细分市场两端共 ...
Should Value Investors Buy LCI Industries (LCII) Stock?
ZACKS· 2025-04-11 14:46
Core Viewpoint - The article emphasizes the importance of value investing and highlights LCI Industries (LCII) as a strong value stock opportunity based on its financial metrics and Zacks Rank system [2][4][6]. Company Analysis - LCI Industries (LCII) currently has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for undervaluation [4]. - The stock has a P/E ratio of 11.69, significantly lower than the industry average P/E of 17.44, suggesting it may be undervalued [4]. - LCII's Forward P/E has fluctuated between 10.75 and 19.38 over the past year, with a median of 16.14, indicating variability in market perception [4]. - The company has a P/B ratio of 1.49, which is favorable compared to the industry average P/B of 3.04, further supporting the notion of undervaluation [5]. - Over the past year, LCII's P/B ratio has ranged from 1.37 to 2.27, with a median of 2.01, reflecting its relative market value [5]. - Overall, the combination of these metrics suggests that LCII is likely undervalued and presents an attractive investment opportunity based on its earnings outlook [6].
Rush Enterprises, Inc. Conference Call Advisory for First Quarter 2025 Earnings Results
Globenewswire· 2025-04-10 20:05
SAN ANTONIO, April 10, 2025 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the first quarter 2025 on Thursday, May 1, 2025 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Wednesday, April 30, 2025. The call will be available at http://investor.rushenterprises.com/events.cfm on Thursday, May 1, 2025 at 1 ...
Mullen and Enpower Greentech Inc. Enter Partnership and Supply Agreement to Build EGI's SWIFT Series of Semi Solid-State Batteries
Newsfilter· 2025-04-09 13:10
Core Viewpoint - Mullen Automotive Inc. has signed a Partnership and Supply Agreement with Enpower Greentech Inc. to manufacture and deliver advanced semi solid-state batteries (SSB) for various commercial and industrial applications, marking a significant step in Mullen's strategy to enhance its domestic battery production capabilities [1][2][3]. Group 1: Partnership Details - The agreement focuses on the domestic manufacturing of SWIFT SSB modules and battery packs at Mullen's Battery Center in Fullerton, California, which is equipped with three production lines for lithium-iron-phosphate (LFP) battery modules [2]. - Mullen aims to ramp up its engineering staff to achieve full production and implement this technology by early 2026 [2][5]. - The partnership is expected to reduce supply chain vulnerabilities and mitigate increased costs due to tariffs, aligning with Mullen's vision of providing domestically produced battery solutions [3][4]. Group 2: Battery Technology and Manufacturing - EGI's SWIFT Series SSB Cells utilize advanced silicon-anode-based technology, offering twice the energy density, ultra-fast charging capabilities, and extended cycle life compared to traditional batteries [4]. - EGI plans to start domestic manufacturing of these batteries in late Q3 2025 at its facility in Ann Arbor, Michigan, with plans to expand manufacturing capacity throughout 2026 [4]. - The SWIFT cells have been tested and validated by leading U.S. automotive OEMs and drone manufacturers, indicating strong market acceptance [4]. Group 3: Company Background - Mullen Automotive is focused on building the next generation of commercial electric vehicles (EVs) and operates two vehicle plants in the U.S., with production of commercial vehicles having commenced in August 2023 [8]. - The company has developed a commercial dealer network consisting of seven dealers across key U.S. markets, enhancing its sales and service coverage [8]. - Mullen's acquisition of Bollinger Motors has further strengthened its position in the EV market, with Bollinger's Class 4 electric truck production launched in September 2024 [9].
Visionary Ushered in a Major Reform: The New Board of Directors Ushered in a New Chapter of the Company's High - Tech Industry Development
Prnewswire· 2025-04-09 13:00
Core Viewpoint - Visionary Holdings has successfully completed a significant strategic adjustment, optimizing its corporate governance structure and future business development to lay a solid foundation for growth [1] Group 1: Shareholder Meeting and Governance - The recent general meeting of shareholders was crucial for strengthening high-end talent recruitment in high-tech fields and increasing financial investment for high-tech projects [2] - The company addressed past internal governance and operational management issues, ensuring stable operations and maintaining stakeholder trust [2] - Five new directors with extensive professional backgrounds were elected, bringing diverse expertise from biotechnology, medical technology, new energy vehicles, education, and finance [2] Group 2: Leadership Changes - Following the shareholder meeting, a new board of directors was formed, with Fan Zhou elected as chairman and CEO, and Jun Huang appointed as COO [3] - Xiyong Hou was adjusted to co-CEO, while Weixing Wang, Jinchao Miao, and Yongheng Hu were appointed as chairmen of the nomination, audit, and compensation committees respectively [3] Group 3: Compliance and Future Plans - Visionary Holdings adheres to compliant operations, ensuring all actions align with the OBCA, company bylaws, and Nasdaq and SEC governance standards [4] - The company plans to implement additional compliance training programs for directors, management, and employees to further enhance corporate governance [4] Group 4: Future Development - This major reform signifies the beginning of a new development stage for Visionary Holdings, with a focus on coordinated growth in core business areas [5] - The new leadership team aims to enhance international market influence and create greater value for shareholders while bringing new opportunities to the industry [5]
REE Automotive Awarded Frost & Sullivan's 2025 Company of the Year in the North American Electric Medium-Duty Vehicle Platform Industry
GlobeNewswire News Room· 2025-04-09 12:00
TEL AVIV, Israel, April 09, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, is the recipient of Frost & Sullivan's 2025 Company of the Year award in the North American Electric Medium-Duty Vehicle Platform Industry category. The award honors REE for its innovative software-defined modular platform, which delivers scalable and flexible solutions to help OEMs and fleet operators address major challenges i ...
咸阳一中通快递无人车拖行电瓶车,生产企业称系误判!无伤亡
Nan Fang Du Shi Bao· 2025-04-09 09:00
对于被指"技术故障"等质疑,上述负责人告诉南都记者,"公司在对无人车识别避让障碍物特别是人、 小动物一类活体等进行了大量测试,可以保证零事故。但这次事件的确非常特殊,我们确实有一定的责 任,这也暴露出无人车在对变形障碍物的识别、避让强度方面需进一步提高水平。后续我们会配合监管 部门进行调查。" 近日,陕西咸阳一中通快递无人车拖行电瓶车的视频引发关注。4月8日,无人车生产企业九识(苏州) 智能科技有限公司有关负责人回应南都记者称,系挂蹭到一辆因交通事故倒地的电瓶车,此次事件暴露 出无人车在识别和避让变形障碍物时仍需提高水平,公司将配合监管部门进一步调查。9日,事发地西 咸新区交警部门表示,该事件未造成人员伤亡。 官网信息显示,九识智能成立于2021年8月,是L4级自动驾驶产品研发企业。该公司目前已与顺丰、中 通、圆通、申通等快递公司展开合作,其产品广泛用于生鲜、快消品运输、厂区货运等业务场景。 针对该事件,4月8日晚,九识(苏州)智能科技有限公司(下称"九识智能")有关负责人回应南都记者 称,经技术人员分析排查回传数据、调出后台监控查实,当天上午涉事无人车到达事发地之前,有一辆 电瓶车因发生交通事故倒地,在等待 ...
Is Uber Stock a Buy Following the Robotaxi Push in Dubai With WeRide?
ZACKS· 2025-04-07 18:35
Core Insights - Uber Technologies has partnered with WeRide to introduce self-driving cars in Dubai, aiming to integrate WeRide's technology into Uber's platform [1][2] - The partnership aligns with Dubai's goal of making 25% of all city trips autonomous by 2030, following a similar initiative in Abu Dhabi [2] - The global robotaxi market is projected to reach $45.7 billion by 2030, growing at a CAGR of 91.8% from 2025 to 2034, indicating significant market potential [3] Company Performance - Uber has achieved a 7.2% year-to-date gain, outperforming the S&P 500 and rival Lyft, which are both down in double digits [4] - Over the past year, Uber shares have consistently outperformed Lyft, reflecting strong market confidence [7] - Uber has surpassed earnings estimates in three of the last four quarters, with an average beat of 133.5% [9] Financial Strategy - In 2024, Uber generated a record $6.9 billion in free cash flow and an adjusted EBITDA of $6.5 billion, indicating robust financial health [10] - The company announced a $1.5 billion accelerated stock buyback program, part of a larger $7 billion buyback initiative, signaling confidence in its business strategy [10] - Uber's diversification into food delivery and freight has strengthened its market position and reduced risks [11] Growth Projections - In Q4 2024, Uber's total gross bookings increased by 21% year-over-year to $44.2 billion, with trips rising by 18% to 3.1 billion [12] - Projections for the March-end quarter indicate a 15.6% growth in gross bookings from the Mobility segment and a 15.1% growth from the Delivery segment [13] - Total trips are expected to increase by 19.4% year-over-year in the upcoming quarter [13] Investment Outlook - Based on favorable market conditions and growth prospects, Uber is considered a solid investment pick, currently holding a Zacks Rank 2 (Buy) [14] - The Wall Street average target price for Uber stock is $90.02, suggesting an upside of over 39% from current levels [14]