Core Insights - GreenPower Motor Company has signed a contract with the state of New Mexico to implement an all-electric school bus pilot project, following an award from a request for proposal published in May [1][3] - The pilot project will last two years, deploying a total of six all-electric school buses, with three Nano BEAST Access buses in the first year and three BEAST and Mega BEAST buses in the second year [2][3] - The project is funded with over $5 million allocated for vehicle purchases, charging infrastructure, and overall management [3] Project Details - The pilot will consist of five rounds each school year, with each round lasting six weeks, allowing the buses to rotate around the state [2] - GreenPower will install charging systems and provide training for drivers, mechanics, and first responders to ensure a smooth testing period [2][3] - The Mega BEAST bus features a 387 kWh battery pack, offering a range of up to 300 miles on a single charge, which is the highest in its class [4] Charging Infrastructure - The pilot will evaluate both Level 3 DC fast chargers and Level 2 slow chargers, with a focus on charging rates and grid resiliency [4][5] - GreenPower is collaborating with Highland Electric Fleets to implement the necessary charging infrastructure for the pilot [5] - The project aims to reduce transportation-related emissions and modernize school transportation in New Mexico [5] Company Background - GreenPower designs and manufactures a range of all-electric medium and heavy-duty vehicles, including school buses, transit buses, and shuttles [7] - The company utilizes a clean-sheet design approach to create zero-emission vehicles, integrating global suppliers for key components [7] - GreenPower was founded in Vancouver, Canada, and has operational facilities in southern California, with a NASDAQ listing since August 2020 [7]

Financial Performance - For Q2 2025, revenues were $2.4 billion with a net loss of $165 million, compared to revenues of $2.2 billion and a net loss of $331 million in Q2 2024 [1][7] - For the first half of 2025, revenues were $4.2 billion with a net loss of $587 million, compared to revenues of $4.7 billion and a net loss of $369 million in the same period of 2024 [2][9] - Adjusted EBITDA loss for Q2 2025 was $43 million, an improvement from a loss of $155 million in Q2 2024 [1][7] - Adjusted EBITDA loss for the first half of 2025 was $330 million, compared to a loss of $21 million in the first half of 2024 [2][25] Asset Valuation - As of June 30, 2025, the indicative net asset value increased by $252 million to approximately $3.3 billion compared to March 31, 2025 [3][7] - The total assets of the company were reported at $14.839 billion as of June 30, 2025, down from $16.279 billion at the end of 2024 [10] Distribution Information - The Board of Directors declared a quarterly distribution of $0.50 per depositary unit, to be paid on or about September 24, 2025 [4][7] - Depositary unitholders have until September 12, 2025, to elect to receive cash or additional depositary units [4] Business Segments - Icahn Enterprises operates in various sectors including Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion, and Pharma [5]

Vietnamese electric vehicle maker VinFast sees its new India factory as key to entering South Asia, the Middle East and Africa, Asia Chief Executive Officer Pham Sanh Chau said https://t.co/WNLpyU20WQ ...

Group 1 - The implementation of the "Fair Competition Review Regulations" has led to significant changes in investment attraction strategies in Nanjing, moving away from relying solely on policy incentives to a more market-driven approach [1][4][6] - The new investment attraction model emphasizes "investment instead of subsidies," with local governments focusing on capital investment and industry funds to attract projects, as seen in successful cases like Hefei [5][10] - Nanjing's investment promotion bureau has identified 126 effective investment projects since August 2024, with 72 initiating city-level investment linkage programs, resulting in 24 projects being signed and operational [5][10] Group 2 - The shift towards "chain thinking" in investment attraction has led to successful collaborations, such as the partnership between local enterprises and incoming companies, enhancing the local industrial ecosystem [9][10] - The focus on differentiated competition allows smaller cities to leverage their unique advantages, as demonstrated by the successful investment in the display manufacturing project in Gaochun [12][13] - The emergence of "small but beautiful" projects in Nanjing highlights the importance of nurturing smaller enterprises that contribute significantly to the local economy and innovation [17][18] Group 3 - The establishment of platforms like the Zhongke (Nanjing) Intelligent Innovation Factory facilitates the transformation of scientific and technological achievements, supporting startups and new projects in their market entry [18][19] - The emphasis on a favorable business environment and ecosystem is crucial for attracting and retaining high-quality projects, as companies prioritize operational support over mere policy incentives [19]

RT Esther Rebers (@EstherRebers)News:As to be expected.@Tesla is the top selling vehicle of Europe in June 2025.New Model Y sales are going well.Can’t wait for the future here in Europe.@teslaeurope @elonmusk https://t.co/8vQmMth8lm ...

Group 1 - The core viewpoint is that Hainan Province has seen a significant increase in the promotion and adoption of new energy vehicles (NEVs), with a total of 59,700 NEVs promoted in the first half of the year, representing a year-on-year growth of 12.3% [1] - NEVs accounted for 59.6% of new vehicles in Hainan, which is 15.3 percentage points higher than the national average [1] - As of June 30, the total number of NEVs in Hainan reached 464,200, making up 21.2% of the province's total vehicle ownership, surpassing the national average by 10.9 percentage points [1] Group 2 - Hainan has implemented an "immediate application and quick enjoyment" program for personal users, providing 128 million yuan in charging subsidies to 98,200 vehicle owners who plan to purchase NEVs in 2024-2025 [1] - The province has also focused on enhancing the commercial vehicle sector, with 509 heavy-duty NEVs promoted in the first half of the year, marking a year-on-year increase of 578.7% [1] - Hainan organized five NEV promotion events in rural areas, resulting in approximately 2,100 vehicle sales and stimulating around 310 million yuan in NEV consumption [2] Group 3 - The provincial industrial and information technology department aims to ensure that all cities and counties meet their annual NEV promotion targets, with an expectation to exceed 120,000 NEVs promoted by the end of the year [2] - Hainan's NEV market is expected to maintain its leading position in terms of penetration rate and ownership proportion nationwide [2]

Group 1 - The article discusses a significant legislative change regarding the expensing of research and development (R&D) costs for U.S. companies, which is expected to have a major impact on corporate financials starting in 2025 [4][6][7] - The new rule allows companies to deduct R&D expenses immediately in the year they are incurred, reversing the previous requirement to amortize these costs over five years [6][7] - This change is anticipated to enhance the appearance of earnings and cash flow for companies, potentially leading to increased investor interest and higher stock valuations [8][9] Group 2 - Lyft is highlighted as a company that will benefit from the new R&D expensing rule, as it spends approximately $375 million annually on U.S. R&D, which will now positively impact its reported income [11][12] - Unity Software, with a high R&D-to-revenue ratio of nearly 70%, is expected to see a significant improvement in its profitability and cash flow metrics due to the new expensing rule [13][14] - Snap Inc. is identified as a sleeper stock that could surprise investors with improved earnings per share (EPS) as a result of the new R&D expensing treatment [17][19] Group 3 - Palantir Technologies is noted for its strong R&D spending, which will now enhance its reported earnings quality and free cash flow optics under the new rules [20][21] - Rivian Automotive, despite being a cash-burning EV manufacturer, is expected to benefit from the ability to immediately expense its R&D costs, improving its perceived stability [22][23] - The article emphasizes that these opportunities may not be immediately recognized by the market, suggesting a potential for significant gains as analysts adjust their models [24][25]

Market Entry - Tesla is launching its first Supercharging station in Mumbai, India [1] - The launch date is set for August 4 in BKC, Mumbai [1] Charging Costs - Fast charging is priced at ₹24/kWh (kilowatt-hour), equivalent to approximately $0.29/kWh [1] - AC charging is priced at ₹14/kWh, equivalent to approximately $0.17/kWh [1] Charging Capacity - The Supercharging station offers up to 250 kW fast charging [1] - It also provides 11kW AC charging [1]

You and I have discussed this so many times, the move into Iot and in particular automotive. So I thought that a good starting point would be to ask when smartphone and handset is no longer the majority of revenue and when that kind of tipping point or how close toward that tipping point is where your diversification efforts have shifted the business model. Very good.Ed, great talking to you. Look, I. I don't really understand what not to like about it.We have been consistently delivering what we said we're ...

Financial Data and Key Metrics Changes - Aeva has invested over $500 million in R&D, indicating a strong commitment to innovation and development [40] - The company is planning to double its production capacity to 200,000 units annually, reflecting growing commercial traction [18] Business Line Data and Key Metrics Changes - Aeva's FMCW LiDAR technology is gaining traction in automotive, manufacturing automation, and smart infrastructure, with significant production wins and collaborations announced [16][19] - The launch of new products like EVE 1D and 1V extends Aeva's platform to precision sensing for manufacturing automation, showcasing adaptability across different sectors [11][33] Market Data and Key Metrics Changes - Aeva identifies a total market opportunity of $80 billion across various verticals, including automotive, manufacturing, and smart infrastructure [15] - The company is seeing rapid adoption in manufacturing automation since entering the market, indicating a strong demand for its technology [12] Company Strategy and Development Direction - Aeva's strategy focuses on aligning with industry leaders for large-scale commercialization, emphasizing partnerships with companies like LG Innotech to accelerate market entry [14][38] - The company aims to lead the adoption of FMCW technology across multiple verticals, leveraging its unique technology platform to transform industries [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in Aeva's ability to scale and meet the growing demand for automation and perception technologies, highlighting the importance of their proprietary technology [19][20] - The leadership team emphasized the significant revenue potential across various verticals, supported by strong customer partnerships and market demand [15][16] Other Important Information - Aeva has established a vertically integrated manufacturing line, which is crucial for maintaining quality and scalability [41] - The company holds a strong IP portfolio with over 245 patents granted, providing a competitive edge in the FMCW domain [39] Q&A Session Summary Question: What is the current status of Aeva's production programs? - Aeva is on track for significant production milestones, with a focus on scaling manufacturing capabilities to meet customer demand [84][86] Question: How does Aeva's technology compare to traditional LiDAR systems? - Aeva's FMCW technology offers advantages such as real-time velocity measurements, long-range detection, and immunity to sunlight, addressing limitations of time-of-flight systems [49][50] Question: What are the key market opportunities for Aeva's products? - The company sees substantial opportunities in automotive, manufacturing, and smart infrastructure, with a focus on delivering integrated solutions that enhance safety and efficiency [15][51]