American Marconi Wireless News

Vision Marine Technologies Announces Approval of Stock Repurchase Program

Alexandre Mongeon, Co-Founder and Chief Executive Officer of Vision Marine, commented:"The Board of Directors recognizes the challenges faced by microcap stocks in the current market environment. While Vision Marine has made significant strides in the electrification of marine transportation, we believe our stock price does not accurately reflect the Company's value and long-term potential. We believe that the implementation of a stock repurchase program would take a strategic step to enhance shareholder value and demonstrate confidence in our vision to lead the industry with our industrialized, turnkey electric powertrain solutions."

Vision Marine Technologies Strengthens Partnership with Electrified Marina to Propel Electric Boating on the East Coast

Co-founded by Erick Pinzon, Jr., a former Tesla service and charging infrastructure specialist, Electrified Marina has become a key player in the electric boating sector. Known for its deep industry knowledge, Electrified Marina has built a strong reputation by selling and operating both high-powered electric boats and low-powered electric cruisers, making electric boating accessible to a diverse range of customers.

Phoenix Motor Announces Formation of EdisonFuture International Co., Ltd. to Expand Global Electric Vehicle Business

ANAHEIM, CA / ACCESS Newswire / February 18, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the formation of EdisonFuture International Co., Ltd., a wholly-owned subsidiary based in Hong Kong. This new entity will focus on international opportunities, leveraging Phoenix Motor's advanced EV technologies and brand strengths to expand into global markets.

Vision Marine Technologies to Present New 180E-Integrated Boats at Carefree 2025 Carefree Boat Club Annual Conference

Vision Marine will showcase new rental-ready electric boats, most notably a 22' dual console boat and a 30' pontoon, both powered by the E-Motion™ 180E HV Electric Powertrain technology. These newly integrated models will be available for sea trials and orders, offering Carefree Boat Club operators a firsthand experience of the turnkey electric solutions designed to elevate rental and membership-based boating experiences.

Phoenix Motor Regains Compliance with Nasdaq Listing

ANAHEIM, CA / ACCESS Newswire / February 14, 2025 / Phoenix Motor Inc. ( NASDAQ:PEV ), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has received confirmation from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires timely filing of periodic financial reports with the Securities and Exchange Commission ("SEC").

Join Phoenix Motor’s Exclusive Live Investor Webinar and Q&A Session on March 6

ANAHEIM, CA / ACCESS Newswire / February 13, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on March 6, 2025, at 4:15 p.m. ET.

Vision Marine Expands Partnership With Aileron Residences to Launch Electric Boat Rentals and Retail Hub in South Florida

This partnership provides Vision Marine with essential dock space and storage, allowing for a phased rollout of rental operations with on-site Company presence. Additionally, Vision Marine intends to open its new point of sale ("POS") location to strengthen its foothold in the Florida market by providing early exposure to its products and services, which is expected to solidify its long-term growth strategy."This partnership marks a significant step in integrating electric boating into luxury real estate" said Maxime Poudrier, Head of Growth & Strategic Partnerships at Vision Marine Technologies. "Aileron Residences expects to set a new standard by offering not only seamless access to our electric boat club but also a platform for introducing cutting-edge 180E E-Motion electric boats. This location will serve as a launchpad for innovative electric boating solutions, redefining the marine experience with minimal environmental impact."

Envirotech Vehicles, Inc. (NASDAQ:EVTV) Announces Move To Houston, Texas And Expansion of U.S. Operations And Manufacturing Capabilities

Electric Vehicle Technology, Innovation & Sustainability

Vision Marine Technologies Appoints Pierre-Yves Terrisse to Board of Directors to Strengthen Financial and Strategic Expertise

Mr. Terrisse has been a trusted advisor and strategic contributor to Vision Marine for the past three years, bringing invaluable financial insight and market expertise as the Company navigated its growth in the electric marine sector. With over 25 years of experience in capital markets, financial analysis, and corporate development, his deep knowledge of the technology and industrial sectors has already played a key role in shaping Vision Marine's strategy. His formal appointment to the Board underscores the essential role he has played and will continue to play in guiding the Company's evolution and expansion.

Envirotech Vehicles, Inc. (NASDAQ:EVTV) Reaffirms Commitment to American Manufacturing Amid Shifts in Federal EV Policies

Electric Vehicle Technology, Innovation & Sustainability

Phoenix Motor Announces New Autonomous Vehicle Development for Food and Beverage Delivery

ANAHEIM, CA / ACCESS Newswire / February 6, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic initiative to develop autonomous electric vehicles tailored for the food and beverage delivery industry. This initiative will commence with a pilot project in collaboration with a Silicon Valley-based food delivery service company in California.

Local Automotive Leader George Haddad Honored as TIME Dealer of the Year Finalist

Haddad's journey in the automotive industry is steeped in family legacy and hard work. "From watching my father build a dealership to now owning multiple stores, my career has been fueled by a passion for the industry, dedication to my community and employees, and a commitment to growth and customer service," Haddad said. His early experiences - from selling his first car at age 15 to working in every department of his family's business - have shaped his leadership and commitment to excellence.

Vision Marine Technologies Files Patent Application for Distributed Control System Architecture in Electric Marine Vessels

Enhancing Efficiency, Scalability, and Performance in High-Voltage Electric Powertrains

Vision Marine Technologies to Feature Innovative Electric Boats at the Miami International Boat Show

Attendees will have the opportunity to view and purchase Vision Marine's latest advancements in electric boating, including one third-party model powered by the E-Motion™ 180E electric powertrain, alongside two proprietary electric models.

DeepSeek Results Validate Elektros' Small AI Data Center Strategy

SUNNY ISLES BEACH, FL / ACCESS Newswire / January 31, 2025 / Elektros (OTC PINK:ELEK), a pioneer in sustainable energy solutions and AI infrastructure, announces that recent DeepSeek results have validated its strategic focus on small AI data centers.

Vision Marine Technologies Achieves European CE Certification for E-Motion(TM) Equipped Electric Boat

Our "CE" certification is a pivotal step in Vision Marine's European strategy. After numerous successful integrations of the E-Motion™ 180E system into boats produced by European manufacturers, obtaining "CE" certification on this first boat was the logical progression to obtain compliance with the region's rigorous standards.

Envirotech Vehicles, Inc. (NASDAQ:EVTV) Announces Sales Order Pipeline Update in the State of New Jersey for 2025

OSCEOLA, AR / ACCESS Newswire / January 29, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced that the company has orders for 48 vehicles to New Jersey customers that have been awarded vouchers under the New Jersey Zero Emission Incentive Program ("NJ ZIP"). If the customers that have been awarded vouchers elect to purchase a vehicle through the program, the company expects to generate up to $5,275,200 in revenue for the vehicles.

Genesis of Chandler Announces Grand Opening Ceremony

"Genesis of Chandler is part of Earnhardt Auto Centers, a family-run business that dates back to 1951," said Derby Earnhardt. "This new location is perfectly planned, built and positioned to provide the concierge-level service that has turned Genesis into a successful, stand-alone luxury brand in recent years."

Vision Marine Technologies Files Patent Application for Independent Fault Detection Technology

Enhancing Performance and Reliability in Electric Marine Powertrains

Elektros Launches Evaluation of High-Performance GPU Technology for Compact, Private AI Data Centers

SUNNY ISLES BEACH, FL / ACCESS Newswire / January 24, 2025 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), a pioneer in sustainable energy solutions, begins review of advanced GPU equipment and services for domain specific, private AI data centers.

Massimo Motor to Participate in The Microcap Conference 2025

GARLAND, TX / ACCESS Newswire / January 24, 2025 / Massimo Group (NASDAQ:MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced that management will attend The Microcap Conference 2025 taking place January 28-30, 2025, Borgata Hotel Spa & Casino in Atlantic City, NJ.

Phoenix Motor Appoints Tony Zhou as Chief Technology Officer

ANAHEIM, CA / ACCESS Newswire / January 23, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Tony Zhou as its new Chief Technology Officer (CTO), effective January 20, 2025.

Elektros Poised to Capitalize as White House Moves to Boost AI Infrastructure Spending

SUNNY ISLES BEACH, FL / ACCESS Newswire / January 22, 2025 / Elektros (OTC PINK:ELEK), a leader in electric mobility and lithium mining, today announced plans to explore the development of Battery Energy Storage System (BESS) technology specifically tailored for the burgeoning AI data center market.This strategic move comes at a time of significant growth in AI infrastructure spending and increasing demand for clean energy solutions to power these centers.

Envirotech Vehicles, Inc. (NASDAQ: EVTV) Announces Expanded Service Center Capability In New Jersey

OSCEOLA, AR / ACCESS Newswire / January 22, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announces a significant enhancement to its electric vehicle service center in Manalapan, New Jersey, positioning the company for accelerated growth and success in the rapidly expanding zero-emission vehicle market in the Garden State.

Spiffy's Digital Servicing Platform Expands with Krause Genesis

Krause Genesis accelerates mobile service innovation as Spiffy integrates with CDK

Vision Marine Technologies Announces Closing of Private Placement

MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQ:VMAR), a leading innovator in electric marine propulsion, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common Share") (or pre-funded warrants (each a "Pre-funded Warrant") in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of US$1.25 per unit, for aggregate gross proceeds of approximately US$5.9 million, before deducting fees and offering expenses.

DSR Motor Group Expands With Acquisition of Atlantic Toyota in Lynn, MA

A North Shore native, and son of the late automotive pioneer Ira Rosenberg, David Rosenberg said this is an especially meaningful transaction for the group.

Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System

Safeguarding Advanced Powertrain Technology and Boaters' Data from Third-Party Substitution

Vision Marine Technologies Announces $5.8 Million Private Placement

The Company will be issuing a combination of 4,626,400 common shares (or Pre-funded Warrants in lieu thereof), and common warrants to purchase 2,313,200 common shares. Each Pre-funded Warrant will entitle the holder to acquire one common share at an exercise price of $0.001 per share, and each Common Warrant will be immediately exercisable and entitle the holder to acquire one common share at an exercise price of $1.50 per share, for a period of five and one-half years following the closing of the Offering. The private placement is expected to close on January 14, 2025, subject to customary closing conditions.

Vision Marine Technologies Announces 2025 Boat Show Schedule

Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, is pleased to announce its schedule for the upcoming boat show season. The company will showcase its groundbreaking electric powertrain technology, its latest innovative electric boats, and, for the first time, electric pontoons available for purchase and delivery started spring 2025. Different boats, including E-Motion™ equipped models, will be showcased at select locations, ensuring a varied experience tailored to each show. Attendees will have the opportunity to see, test, and buy these newly added models in Vision Marine's product lineup, with purchase inquiries available at all locations, even if specific boat models vary by show.

Elektros Expands AI Data Center Initiative with Focus on Small Language Models and Vector Databases

Strategic Partnership with Next Realm AI to Launch Specialized AI Data Centers

Vision Marine Technologies Secures Over US$11.7 Million Through At-the-Market Offering to Accelerate Growth and Strategic Acquisitions

Vision Marine Technologies Inc. ("Vision Marine") (NASDAQ:VMAR), a leader in electric marine propulsion systems, is pleased to announce the successful completion of an at-the-market ("ATM") offering, raising gross proceeds of approximately US$11.75 million and net proceeds of approximately US$11.2 million. We intend to use the net proceeds from the offering for general corporate purposes, including strategic acquisitions aimed at expanding our market presence and enhancing our technological capabilities.

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American Marconi Wireless News - Automotive (English)

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