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VANCOUVER, British Columbia & MADRID--(BUSINESS WIRE)--ACEL Power and Vector Náutico launch MOLA-e, a new electric boat line in Spain, marking ACEL's official entry into the European market....

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Wisk Aero, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the U.S., today announced that SkyGrid, an AAM Third-Party Service Provider (TSP), will become a subsidiary of Wisk. Through their strategic alignment, Wisk and SkyGrid will work together to address the critical challenges necessary for expanding safe, efficient, and autonomous flight and collaborate on their shared goal of bringing Wi...

CHICAGO--(BUSINESS WIRE)--The Midwest Automotive Media Association (MAMA) today announced the results of its 2025 Spring Rally “MAMA’s Favorites” awards, recognizing standout vehicles across seven key categories as voted on by more than 75 automotive journalists. Held at the iconic Road America racetrack in Elkhart Lake, Wisconsin, the Spring Rally provides a rare opportunity for journalists to drive and evaluate more than 80 of the latest vehicles in one place—offering valuable insight not onl...

LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported strong results for its fiscal 2025 fourth quarter, with record net sales and gross profit, and strong cash flow generation for the year ended March 31, 2025. Key highlights for the fiscal year Net sales increased 5.5 percent to a record $757.4 million. Gross profit increased 16.1 percent to a record $153.8 million. Generated cash from operating activities of $45.5 million and reduced net bank debt by $32...

MARKHAM, Ontario--(BUSINESS WIRE)--Electric vehicles like the VinFast VF 8 are becoming trusted members of family life, proving their reliability not in specs but in how they support everyday journeys, long or short. Back in 2024, Michael took his family on a trip from Montreal to Orlando, with an all-electric car from VinFast, the mid-sized SUV VF 8. Along the way, they ran into several hiccups: broken charging stations, traffic accidents, and detours that stretched well past midnight. But in...

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.ind...

IRVINE, Calif.--(BUSINESS WIRE)--Rivian (NASDAQ: RIVN) has today announced that on Thursday, June 12, 2025, at 12:00 p.m. EDT, its CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference. A live webcast of the chat will be available here, and a recording of the session will be available on the same link following the event. About Rivian: Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining...

AKSU CITY, China--(BUSINESS WIRE)--At the final stage of the 2025 Taklimakan Rally, GWM reclaimed the Production Class championship after a decade, once again demonstrating its dominance in the off-road segment. This year, GWM competed with both internal combustion and new energy vehicles, not only continuing the legacy of its legendary diesel-powered models, but also setting a new performance benchmark in the electrified off-road category with its Hi4 series PHEV technology—raising the global...

BARCELONA, Spain--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a global leader in electric vehicle (EV) charging and energy management solutions, today announced two recent private placements of the Company’s Class A ordinary shares for an aggregate of $15 million. The first is an investment of more than $9 million from the Government of Spain through the Spanish Society for Technological Transformation (SETT), which joins Wallbox’s shareholder base as part of the Company’s financing round from Februa...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced a significant advancement in its FX brand’s B2B sales strategy during its FFAI Stockholders’ Day on May 31. This included a formal signing ceremony with new B2B partners, marking another breakthrough in the Company’s innovative co-creation sales model in collaboration with leading...