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Automotive
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Lomiko Metals Receives Final Order Approving Arrangement With Global Battery Materials

VANCOUVER, British Columbia--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“Lomiko” or the “Company”) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the previously announced plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia). The Arrangement remains subject to certain customary closing conditions, including the receipt of stock exchange approval. If the necess...
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Faraday Future Announces Strategic Upgrade into Robotaxi and EAI Cabin Technology Operator and Physical AI Investment Holding Company; To Combine Its Robotics Business at Approx. $200 Million Valuation with AIxC (soon FFR) for a Standalone Listing

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global EAI ecosystem company, today announced two major strategic business upgrades and value-restructuring initiatives, together with the latest execution progress and key breakthroughs: 1. To become a Physical AI investment, incubation, and holding company and bring its robotics business into AIxC, which is expected to be renamed FFR; 2. Upgrade i...
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OCTO Telematics Launches New Telematics Solutions for Commercial Lines Insurance and Partners with TruckerCloud to Expand Data and Insights

BOSTON & ATLANTA--(BUSINESS WIRE)--OCTO, a global leader in telematics data analytics, and TruckerCloud, the leading commercial auto insurance telematics data platform, today announced a strategic partnership to accelerate telematics adoption across the US Commercial Auto market. Concurrently, OCTO is launching a line of high-granularity, in-vehicle installed telematics solutions purpose-built for Commercial Insurers. OCTO’s hardware delivers accurate DriveAbility® risk scoring, already approve...
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Haig Partners Serves as the Exclusive Advisor on the Sale of Metropolitan Ford, Freeway Ford and Suburban Chevrolet in the Minneapolis Market to Walser Automotive Group

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Haig Partners LLC, a leading buy-sell advisory firm to auto retailers, served as the exclusive advisor to Metropolitan Corp. (“Metropolitan”) on the sale of its Metropolitan Ford, Freeway Ford and Suburban Chevrolet dealerships to the Walser Automotive Group (“Walser”). The dealerships are all located in the Minneapolis, MN area. Grossman Family Dealership Group started over 100 years ago and has served tens of thousands of customers since then. It also o...
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ANV Completes Acquisition of Car Care Plan

NEW YORK--(BUSINESS WIRE)--ANV Group Holdings Ltd. (“ANV”), a global insurance intermediary platform, today announced that it has completed the acquisition of Car Care Plan (“CCP”) from AmTrust Financial Services, Inc. (“AmTrust”). CCP is the #1 provider of motor warranty in the United Kingdom and a market-leading warranty managing general agent (MGA). Since its founding in 1976, CCP has developed an international platform built on long-standing OEM relationships, specialized warranty expertise...
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Insuresoft and Way Partner to Help Insurers Boost Agent Engagement and Policyholder Retention

FREMONT, Calif. & TUSCALOOSA, Ala.--(BUSINESS WIRE)--Way and Insuresoft today announced a strategic partnership designed to help insurers strengthen agent relationships, increase distribution effectiveness, and create new sources of revenue. Through the integration of Way Advantage into Insuresoft's insurance technology platform, insurers can immediately offer agents additional protection products and services that generate new commission opportunities while enhancing policyholder value. For in...
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Helios Technologies Extends History of Quarterly Dividends With 119th Consecutive Cash Dividend

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Extends History of Quarterly Dividends With 119th Consecutive Cash Dividend...
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SiMa.ai Reaches $1.45B Valuation with $500 Million in Total Funding to Scale Physical AI in Humanoids, Automotive, and Drones

SAN JOSE, Calif.--(BUSINESS WIRE)--SiMa.ai, a leader in Physical AI, today announced $150 million in Series C financing, bringing the total capital raised to $500 million and valuing the company at $1.45 billion. The round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, +ND Capital, Point72, and StepStone Group. AllianceBernstein, Baron Capital, J.P. Morgan, and the State of Michig...
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PHINIA Publishes 2026/2027 Heavy-Duty and Off-Road Emission Standards Booklet with Greenhouse Gas Coverage

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today announced the publication of its 2026/2027 Worldwide Heavy-Duty and Off-Road Emission Standards booklet, providing OEMs, engineers, policymakers, and other industry professionals with a practical reference to help navigate emissions requirements across global markets. Updated every two years,...
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SES AI’s Chungju Battery Facility Achieves ISO 9001:2015 Certification for Production of NDAA-Compliant Drone Cells

WOBURN, Mass.--(BUSINESS WIRE)--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced that its battery manufacturing facility in Chungju, South Korea has achieved ISO 9001:2015 certification for its quality management system. The certification was issued by the Korea ESG Certification Body following an independent assessment of the facility’s quality management processes. SES...