Automotive News

LONG BEACH, Calif.--(BUSINESS WIRE)--PowerFlex, in partnership with the Los Angeles County Internal Services Department (ISD) and the Los Angeles County Development Authority (LACDA), celebrated the installation of new Level 2 electric vehicle charging stations at the LACDA Carmelitos community in Long Beach today. The installation includes 20 Level 2 ports and supports Los Angeles County’s goal of installing 15,000 EV chargers on County properties by 2035, expanding equitable access for reside...

QUEBEC CITY--(BUSINESS WIRE)--iA Financial Group (TSX: IAG) has been notified of a new unsolicited mini-tender offer made by Ocehan LLC (“Ocehan”) to purchase up to 50,000 common shares of iA Financial Group, representing approximately 0.05% of the common shares outstanding, at a price of $123.50 per share, representing an aggregate purchase price of less than $7 million. iA Financial Group is not associated with Ocehan and does not recommend or endorse in any way the acceptance of this restric...

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie (Nasdaq: INDI), an automotive solutions innovator, today announced that Naixi Wu has been promoted to Chief Financial Officer, effective immediately, responsible for leading accounting and finance operations, overseeing financial reporting, tax, global treasury, and internal control activities. “I am very pleased that Naixi Wu has accepted the position of Chief Financial Officer for indie,” said Donald McClymont, indie's co-founder and chief executive...

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced expanded battery-powered vehicle certification services to meet the evolving safety risks of roadworthy electric motorcycles and scooters, and industrial vehicles, reflecting UL Solutions’ commitment to enabling safer innovation while supporting public safety. Battery-powered vehicles like these are proliferating around the world as part of the global energy transition me...

PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined lidar solutions, and the manufacturer of the Apollo lidar sensor, today announced its results for the third quarter ended September 30, 2025. Recent Business Highlights Captured six new business wins since end of Q2, with 12 customer contracts signed year-to-date Secured strategic investment with leading global investor to expand Tier-1 manufacturing partnership and scale Apollo production to 60,...

WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE & TSX: RBA, the “Company”, “RB Global”, “we”, “us”, “their”, or “our”) reported the following results for the three months ended September 30, 2025. "GTV growth this quarter was broad-based across every sector, reflecting the dedication of our teammates and our commitment to being trusted partners," said Jim Kessler, CEO of RB Global. "Our newly implemented operating model brings the leaders closer to the customer and sets the stage...

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today reported financial results for its third quarter ended September 30, 2025. Alarm.com also provided its financial outlook for SaaS and license revenue for the fourth quarter of 2025 and increased its guidance for the full year of 2025. Third Quarter 2025 Financial Results as Compared to Third Quarter 2024 SaaS and license revenue increased 10.1% to $175.4 mi...

ASTANA, Republic of Kazakhstan & SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has signed a letter of intent to sell electric vertical takeoff and landing (eVTOL) aircraft and services valued at up to $250 million to Alatau Advance Air Group (“AAAG”), a company dedicated to introducing air taxis to Kazakhstan. The agreement, which includes pre-delivery payments, is being supporte...

WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global partner for insights, services and transaction solutions for commercial assets and vehicles, today announced that IAA has secured an opportunity to expand its existing remarketing services to support an increase in government fleet vehicle volume through its already successful relationship with the U.S. General Services Administration (GSA). IAA has supported GSA with new vehicle preparation and trade...

RALEIGH, N.C.--(BUSINESS WIRE)--Vontier to Present at Baird Global Industrials Conference...