Accelerating Treep Mobility's Transformation from Fuel-Powered Vehicles to EVs Following Successful Pilot Deployment SHANGHAI , Sept. 22, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced that it has signed an initial sales agreement with Treep Mobility Group S.A.C. ...

Ola’s parent company ANI Technologies Pvt. Ltd has seen its staff size cut by more than half since April last year even as it struggles to hold its ground against ride-hailing rivals Uber and Rapido. The total number of salaried employees at ANI Technologies fell 57% to 376 in August from 886 in April 2024, as per the company’s data with the Employee Provident Fund Organisation. Three people aware of the developments at Ola Cabs, which was rechristened Ola Consumer last year, attributed the downsizing to t ...

Group 1: Investment Moves - Berkshire Hathaway has fully exited its stake in Chinese electric vehicle maker BYD, ending a 17-year profitable investment [4] - Berkshire is now a major shareholder in Japanese trading house Mitsui [4] Group 2: Cryptocurrency Market - Bitcoin fell about 3% following the liquidation of over $1.5 billion in bullish positions, briefly pushing the overall crypto market capitalization below $4 trillion [5] - The selloff in Bitcoin particularly affected smaller tokens and sparked a decline in crypto-linked stocks [5] Group 3: H-1B Visa Changes - The Trump administration announced a new $100,000 application fee for H-1B visas, impacting the tech sector and prompting major companies to advise employees holding the visa not to leave the U.S. [6] - India accounted for 71% of H-1B visa holders in the U.S. last year, with Amazon seeing the most approvals since 2020 [7] - Jefferies analysts described the fee as a "curveball" for the Indian IT sector, predicting reduced H-1B usage and increased demand for local talent [8] Group 4: Corporate Developments - Tesla received regulatory approval to test robotaxis in Arizona [9] - META and Oracle are in discussions for a $20 billion AI cloud computing deal [9] - Pfizer is nearing a $7.3 billion takeover of weight loss drugmaker Metsera [9]

Asian stocks turned in a mixed performance on Monday as investors wondered how U.S. President Donald Trump's crackdown on immigration will reshape the world's largest in the short and long term.Traders also pondered the U.S. monetary policy path after the U.S. Federal Reserve delivered its widely expected 25-bps rate cut last week and projected it would do so twice more this year amid a cooling labor market. China's Shanghai Composite index edged up by 0.22 percent to 3,828.58 as a group of senior U.S. Hou ...

Hello everyone. Happy Friday. Stocks keep hitting all-time highs and the legend Dan Ies is going to sit down with us for an exclusive interview on what stocks he thinks are going to appreciate the most in the coming year. We're live today from the desk of Anthony Pompiano. [Music] Before we get into today's show, I need your help. My goal is to get to 1 million subscribers, but right now we're only at 24,745. That's a long way away, but with your help, we're going to get there. So, hit that subscribe button ...

China is tying its economic future to the clean-energy sector. Last year solar power, electric vehicles and batteries were responsible for 10% of its GDP. To officials, this is more compelling than high-minded talk about the future of the planet https://t.co/EA4iOosMCK ...

Core Viewpoint - Bollinger Innovations, Inc. will implement a 1-for-250 reverse stock split to comply with Nasdaq's minimum bid price requirement of $1.00, effective September 22, 2025 [2][3][4] Group 1: Reverse Stock Split Details - The reverse stock split will convert 250 shares of common stock into one share, resulting in approximately 505 thousand shares post-split, down from approximately 126.2 million shares [5] - The reverse stock split will not change the par value of the common stock or the authorized number of shares [4] - No fractional shares will be issued; all fractional shares will be rounded up to the nearest whole share [5] Group 2: Compliance and Approval - The reverse stock split was approved by the stockholders at a special meeting on September 11, 2025, with the board of directors selecting the 1-for-250 ratio [3] - The primary goal of the reverse stock split is to ensure compliance with Nasdaq's listing standards, although there is no guarantee that the company will maintain compliance [2] Group 3: Company Overview - Bollinger Innovations is an electric vehicle manufacturer based in Southern California, focusing on commercial electric vehicles with a manufacturing facility in Tunica, Mississippi [7] - The company offers the ONE Class 1 EV cargo van and the THREE Class 3 EV cab chassis truck, supported by a dealer network across key U.S. markets [7]

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly making false and misleading statements regarding its lithium battery technology and its impact on the company's revenue from electric vehicles [1][3]. Summary by Relevant Sections Class Action Details - The lawsuit seeks to recover losses for investors who purchased Fly-E securities between July 15, 2025, and August 14, 2025 [1]. - Investors have until November 7, 2025, to seek appointment as lead plaintiff if they suffered losses during the Class Period [2]. Allegations Against Fly-E Group - The lawsuit claims that Fly-E Group and certain officers failed to disclose safety issues with their lithium battery technology while making positive public statements [3]. - Allegations include that these undisclosed safety and regulatory concerns negatively affected revenue from the company's electric vehicle business, including e-bikes and e-scooters [3]. - The complaint also asserts that the company's forecasts lacked a reasonable basis, failing to account for rising operating costs, supply chain risks, and demand fluctuations [3]. - Following the revelation of these issues, the company's stock price declined as investors reacted to the disclosures [3].

Europe is becoming the main target of China’s electric-vehicle giants. Sharpened by ruthless competition at home, the Chinese can withstand the EU’s tariffs https://t.co/DQBHNDpMp2 ...

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly misleading investors about its revenue projections and sales performance during a specific period in 2025 [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that Fly-E Group's management created a false impression of having reliable information regarding the company's revenue outlook and sales expectations [2]. - It is alleged that the company downplayed risks associated with lithium batteries, supply chain changes, and regulatory challenges while promoting its brand reputation and cost reductions as key growth factors [2]. Group 2: Financial Performance and Impact - On August 14, 2025, Fly-E filed a notification with the SEC indicating a significant 32% decrease in net revenue compared to the same period in 2024, primarily due to a decline in total units sold [3]. - The decline in sales was attributed to a decrease in customer purchases of E-Bikes, linked to an increase in lithium battery explosion incidents in New York [3]. - Following the revenue announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share within a single day [3]. Group 3: Class Action Participation - Shareholders who purchased Fly-E securities during the specified period may be eligible to participate in the class action lawsuit [4]. - Interested shareholders can contact Robbins LLP to serve as lead plaintiffs or remain as absent class members without participating in the case [4].