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Marti Announces 2024 Full Year Results
ISTANBUL--(BUSINESS WIRE)--Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the full year ended December 31, 2024. Financial and Operational Highlights for the Full Year 2024 Strong Momentum in Ride-Hailing: Rapid growth of ride-hailing service, with 1.66M unique ride-hailing riders and 262 thousand registered drivers at year-end, exceeding operational targets throughout the ye...
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Nuvve Expands IP, Revenue, and Market Reach with Strategic Assets Acquisition of Fermata Energy
SAN DIEGO--(BUSINESS WIRE)--Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid (V2G) technology and grid modernization, today announced the acquisition of substantially all of the net assets of Fermata Energy LLC (“Fermata”), a leading V2G platform provider in the U.S. The assets acquisition was completed through Nuvve’s newly formed subsidiary, Fermata Energy II LLC (“Fermata 2.0”), focused on scaling intelligent, bidirectional energy solutions. Fermata 2.0 acquired substan...
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PACCAR Achieves Good Financial Performance and Record PACCAR Parts Revenue
BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported good revenues and net income in the first quarter of 2025,” said Preston Feight, chief executive officer. “Peterbilt, Kenworth and DAF delivered good results, PACCAR Parts delivered record revenue and strong profits, and PACCAR Financial Services achieved good results due to its high-quality portfolio. I am very proud of our employees and dealers who have delivered outstanding trucks and transportation solutions to our customers.” PACCAR achiev...
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EASE YOUR LIFE: SOUEAST 2025 International Business Annual Conference Charts New Urban Mobility Blueprint
SHANGHAI--(BUSINESS WIRE)--SOUEAST hosted its first International Business Annual Conference at the Grand Halls in Shanghai, marking a pivotal moment since the brand renewal. The conference united hundreds of distributors from different countries worldwide. Under the theme "EASE YOUR LIFE," where SOUEAST unveiled its global strategy featuring the mode of integrating localized production with coordination worldwide. Simultaneously, at the Chuansha Test Drive Area, Pudong, Shanghai, the brand hos...
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Aftermarket Service Providers Make Strides in Satisfaction but Still Face Technology and Communication Gaps, J.D. Power Finds
TROY, Mich.--(BUSINESS WIRE)--J.D. Power: Aftermarket Service Providers Make Strides in Satisfaction but Still Face Technology and Communication Gaps...
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Aeva Introduces Eve 1 Product Line of High-Precision Sensors for Growing Industrial Automation Market
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today introduced the Aeva Eve™ 1 line of high-precision sensors, starting with Eve 1D, the industry’s first FMCW-based laser displacement sensor designed for high-volume and inline industrial automation applications, including factory and process automation. The new product addresses the growing $4 billion global laser displacement sensor market. Laser displacement sensors a...
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AO Delivers Multi-Million Pound Savings Across its Fleet Operations with Samsara
LONDON--(BUSINESS WIRE)--UK electricals retailer AO has achieved 16% annual cost savings and reduced road incidents across its 1,000+ fleet of commercial vehicles by implementing advanced AI and fleet management solutions from Samsara, the pioneer of the Connected Operations® Platform. AO has more than 1,000 commercial vehicles equipped with Samsara’s advanced telematics technology and AI dash cams, with visibility of the entire fleet provided through Samsara’s Connected Operations Platform. By...
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Cubic³ Research Finds Automotive OEMs View Connectivity as Crucial for Security as Half of Consumers Worry Their Car Can Be Hacked
DUBLIN--(BUSINESS WIRE)--Research from Cubic³, a global leader in software-defined vehicle (SDV) solutions, emphasises the opportunities and challenges facing automotive OEMs as they persuade drivers to buy and subscribe to in-vehicle digital services, such as predictive maintenance, safety features and autonomous driving. Boston Consulting Group forecasts the software-defined vehicle (SDV) market will create over $650 billion value potential by 2030. The survey of 8,000 consumers (equally spli...
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VinFast de retour au Salon du véhicule électrique de Montréal
MARKHAM, Ontario--(BUSINESS WIRE)--VinFast a annoncé sa participation au Salon du véhicule électrique de Montréal (SVEM) 2025, qui se tient du 2 au 4 mai 2025, au stand 364, au Stade IGA. Pour sa deuxième participation au SVEM, VinFast présentera une gamme diversifiée de véhicules électriques, affirmant ainsi son engagement indéfectible à promouvoir les solutions de mobilité durable au Canada et à l'échelle mondiale. Le SVEM reste le principal événement de véhicules électriques au Canada, avec...
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VeriSilicon Launches the Industry-Leading Automotive-Grade Intelligent Driving SoC Design Platform
SHANGHAI--(BUSINESS WIRE)--VeriSilicon announced that its automotive-grade driving SoC design platform has been verified and successfully implemented in customer projects....