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BHP and Rio Tinto welcome first Caterpillar battery-electric haul trucks to the Pilbara
PERTH, Australia--(BUSINESS WIRE)--Australia’s first Cat® 793 XE Early Learner battery-electric haul trucks have arrived at BHP’s Jimblebar iron ore mine in the Pilbara, marking the start of on-site testing, in collaboration with Rio Tinto, of Caterpillar’s battery-electric heavy haulage technology in the region that powers the nation’s economy. The two Early Learner trucks, delivered through an industry-first collaboration between BHP, Rio Tinto and Caterpillar represent a major step toward a...
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Polestar announces date for implementation of ADS ratio change from 1:1 to 1:30 ordinary shares
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) (the “Company”) today announces that the effective date for the previously announced plan to change the ratio of its American Depositary Shares to ordinary shares will occur on 9 December 2025 (the “Effective Date”). Specifically, the Company’s Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the “ADSs”) ratio to the respective Class A, Class B, Class C-1 and Class C-2 ordinary shares (the “ADS Ratio...
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ChargePoint Reports Third Quarter Fiscal Year 2026 Financial Results
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) (“ChargePoint”), a global leader in electric vehicle (EV) charging solutions, today reported results for its third quarter of fiscal year 2026 ended October 31, 2025. "ChargePoint’s third quarter results mark a return to growth, with revenue exceeding expectations,” said Rick Wilmer, CEO at ChargePoint. “In November, we further strengthened our financial foundation by consummating a successful debt exchange and our ongoin...
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Electric Vehicle (EV) Financing Gains Momentum as the EV Tax Credit Comes to an End, According to New Data From Experian Automotive
SCHAUMBURG, Ill.--(BUSINESS WIRE)--With the EV tax credit expiring at the end of September, the market observed an increase in EV finance transactions in the third quarter of 2025....
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Electric Vehicles Market Competitor Analysis Report 2025: Recent Developments, Company Strategies, Sustainability Benchmarking, Product Launches, Key Persons, and Revenue Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Competitor Analysis of Electric Vehicles Market Recent Developments, Company Strategies, Sustainability Benchmarking, Product Launches, Key Persons, and Revenue Forecasts" report has been added to ResearchAndMarkets.com's offering. The Electric Vehicles (EV) industry is expected to expand lucratively to an estimated value of US$ 1.58 trillion by 2033, from US$ 600.13 billion in 2024. This expansion reflects a compound annual growth rate (CAGR) of 11.43% between 202...
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XCharge Drives Electric Mobility in Mexico With Its Participation in the FAZT Project for Soriana Supermarkets
MADRID & HAMBURG, Germany--(BUSINESS WIRE)--XCharge Europe (“XCharge EU”) and XCharge North America (“XCharge NA”), subsidiaries of high-power EV charging and battery-integrated solution provider XCHG Limited (NASDAQ: XCH), today announced a strategic collaboration with FAZT Charging to deploy an innovative charging infrastructure for electric vehicles at multiple locations across Mexico. The news comes on the heels of XCharge announcing the establishment of new dual global headquarters located...
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Frontier Economics Report Finds Vertical Aerospace Set to Drive £3bn a Year in UK Economic Value by 2035
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (NYSE: EVTL) (“Vertical” or “the Company”), a global aerospace and technology company that is pioneering electric aviation, today welcomed the publication of an independent economic impact report predicting the business is set to lead a major new industrial opportunity for the UK. The report by Frontier Economics concludes Vertical Aerospace has the potential to become one of the UK’s most significant advanced manufacturing businesses by 20...
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EnergyHub Acquires Resideo Grid Services to Accelerate VPP Growth for Utilities
NEW YORK--(BUSINESS WIRE)--EnergyHub, a leading provider of grid-edge flexibility solutions, today announced its acquisition of Resideo Grid Services, a leader in demand response aggregation and program management. The acquisition reflects a growing industry shift toward using a single integrated edge distributed energy resource management system (DERMS) platform to manage all distributed energy resources (DERs) as utilities expand Virtual Power Plants (VPPs) to include EVs, batteries, and othe...
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XCharge Establishes Dual Global Headquarters in Hamburg, Germany and Austin, Texas, Signaling Strategic Transformation and Strengthened International Market Position
HAMBURG, Germany & AUSTIN, Texas--(BUSINESS WIRE)--XCHG Limited (“XCharge” or the “Company”), (Nasdaq: XCH), an integrated EV charging and energy solutions company, today announced the establishment of new dual global headquarters located in Hamburg, Germany, and Austin, Texas. This decision reflects a deliberate evolution in the Company’s global operating structure and supports its long-term strategy to position itself at the center of the rapidly expanding clean energy economy. XCharge’s move...
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Uber and Avride Launch Robotaxi Rides in Dallas
SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced that Dallas riders can now be matched with an Avride robotaxi, unlocking a brand-new way to ride with Uber. The service will be available throughout 9 square miles of Dallas–from Downtown to Uptown to Turtle Creek to Deep Ellum–with plans to expand the operating territory in the future. Here’s what you can expect when matched with an Avride robotaxi: Request your ride: Starting today, riders in Dallas who reque...