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GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) reports select financial and operational results for the quarter ended March 31, 2025 (Q1 2025). Michael Lohscheller, Polestar CEO, said: “We continue to make great progress, transforming our commercial operations and taking steps to reduce our cost base. We are selling more cars, at improved margins, resulting in revenue growth of 84%, a gross margin that is now positive, at 7%, and a narrowing net loss. We have a strong and growing...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Co-CEO of FF. “Promises made, promises kept. Here comes our second FF Co-CEO Investor Weekly Update. After we released the first Weekly Update, many of you expressed interest in our management tools. I’m actually using these...

SHANGHAI--(BUSINESS WIRE)--The global automotive industry is undergoing a seismic shift, with automakers like SOUEAST leading the charge from traditional export-driven models to innovative, user-oriented globalization strategies. On April 24, SOUEAST took a bold step forward by hosting its inaugural Global EASE DAY in Shanghai, highlighting its commitment to user co-creation and localization. This event positioned SOUEAST as a dynamic global brand that prioritizes adaptability, deep market inte...

SAN DIEGO--(BUSINESS WIRE)--Nuvve Holding Corp. (NASDAQ: NVVE), a global leader in vehicle-to-grid (V2G) technology and grid modernization, today announced it has engaged multiple leading digital asset advisory consultants, to accelerate the growth of its newly formed subsidiary, Nuvve-DigitalAssets. The consultants will advise Nuvve on the strategic development of its digital asset portfolio, providing expertise in token selection, decentralized infrastructure opportunities, risk management, a...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) ("FF," "Faraday Future," or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its first quarter 2025, highlighted by several key metrics that highlight both the Company’s operational execution and financial position and also its significant progress in its FX brand and product development. It also provided an update on su...

PITTSBURGH--(BUSINESS WIRE)--Aurora Innovation, Inc. (NASDAQ: AUR) today announced its first quarter 2025 results. Aurora’s shareholder letter and financial results are available on its investor relations website at ir.aurora.tech. “Aurora’s self-driving trucks are now hauling commercial freight on Texas roads. Autonomous freight is no longer just a vision, it’s a reality,” said Chris Urmson, co-founder and CEO of Aurora. “We are the first company to operate commercial driverless heavy-duty tru...

SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a global leader in high-performance lidar sensors and intelligent software solutions, powering Physical AI across the automotive, industrial, robotics and smart infrastructure sectors, announced today financial results for the three months ended March 31, 2025. First Quarter 2025 Highlights $33 million in revenue, up 26% year over year and 8% sequentially. Shipped approximately 4,700 sensors for revenue. GA...

PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the first quarter ended March 31, 2025. Recent Business Highlights The Apollo manufacturing line at LITEON is now operational, with B-sample deliveries to automotive OEMs expected during the second quarter 2025 Reached final test stage of Apollo’s integration into NVIDIA’s DRIVE platform, positioning Apollo for widespread adoption in ADAS...

RIYADH, Saudi Arabia--(BUSINESS WIRE)--SOUEAST has officially launched the Saudi Arabia subsidiary. On the same day, SOUEAST Saudi spare parts center officially opened, and a signing ceremony for the cooperation of the spare parts center with Starlinks was completed, marking a key milestone in its expansion across the Middle East. This move reinforces the brand's localization strategy, ensuring enhanced customer service, faster logistics, and a stronger presence in the Saudi market. Strategic E...

BOSTON--(BUSINESS WIRE)--Merlin, the leading developer of assured autonomous flight technology for fixed-wing aircraft, today announced it’s rapidly progressing the flight test campaign of its certification-ready Cessna Caravan. Conducted at Quonset State Airport in Rhode Island, the ongoing flight tests highlight the technical maturation of the Merlin Pilot system, validating its ability to meet the autonomy requirements of fixed-wing platforms—including the C-130J and KC-135 to support Merlin...