Fuels

Piedmont Lithium Receives Mining Permit Approval for Carolina Lithium

Retrieved on: 
Monday, April 15, 2024

Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that the North Carolina Department of Environmental Quality’s (“NCDEQ”) Division of Energy, Mineral, and Land Resources (“DEMLR”) has issued an approval of our mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project (the “Project”) in Gaston County, North Carolina.

Key Points: 
  • Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that the North Carolina Department of Environmental Quality’s (“NCDEQ”) Division of Energy, Mineral, and Land Resources (“DEMLR”) has issued an approval of our mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project (the “Project”) in Gaston County, North Carolina.
  • DEMLR provided the permit approval following a thorough review of the application submitted by Piedmont on August 30, 2021.
  • “We plan to develop Carolina Lithium as one of the lowest-cost, most sustainable lithium hydroxide operations in the world, and as a critical part of the American electric vehicle supply chain.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11).

Fisker Signs New Dealer Partner in Miami and Adds New Dealer Partners in Europe

Retrieved on: 
Monday, April 15, 2024

Fisker Inc. (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that the company has signed Fisker Miami as a dealer partner, the company’s second in Florida after Fisker Jacksonville joined the Dealer Partnership program earlier this year.

Key Points: 
  • Fisker Inc. (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that the company has signed Fisker Miami as a dealer partner, the company’s second in Florida after Fisker Jacksonville joined the Dealer Partnership program earlier this year.
  • Photo by Fisker Inc.
    Quote from Fisker spokesperson: “Florida is an important EV market for Fisker, so we are excited that we can welcome Fisker Miami to our growing group of dealer partners.”
    Fisker now has six dealer partner locations in the US.
  • In addition to the new US dealer partner, Fisker has signed dealer partners in Hilleord, Denmark, and Innsbruck, Austria, bringing its European total to 12 dealer partners.
  • On March 27, Fisker announced reductions in the Manufacturer’s Suggested Retail Price (MSRP) on many model year 2023 Fisker Oceans in the US.

European Heavy-Duty Electric Trucks Market: Key Growth Opportunities in Dedicated Electric Platform Development, Electric Charging Infrastructure and Value-added Services - ResearchAndMarkets.com

Retrieved on: 
Monday, April 15, 2024

The "Growth Opportunities in European Heavy-duty Electric Trucks" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities in European Heavy-duty Electric Trucks" report has been added to ResearchAndMarkets.com's offering.
  • City administrative bodies and local authorities play pivotal roles in this transition by providing incentives for low-emission vehicles and deploying charging infrastructure.
  • Lower cost of ownership with attractive leasing options for batteries and trucks and greater access to charging infrastructure will encourage smaller fleets to shift to electric vehicles.
  • The study also provides a total cost of ownership analysis to examine the effect of these factors on the electric MD and HD segments.

EP Systems Unveils the EPiC 2.0, Offering Over 90 Minutes of Usable Flight Time

Retrieved on: 
Monday, April 15, 2024

Compared to today’s battery technology, it provides up to 30 additional minutes of usable flight time.

Key Points: 
  • Compared to today’s battery technology, it provides up to 30 additional minutes of usable flight time.
  • View the full release here: https://www.businesswire.com/news/home/20240415094815/en/
    Electric energy systems pioneer EP Systems launched the EPiC 2.0 today at the AERO 2024 trade show and conference in Friedrichshafen, Germany, providing 90 minutes of battery life for electric aviation applications.
  • This lightweight, high-power system offers an impressive 60 minutes of usable flight time with 30 minutes of reserve.
  • And now 2.0 advances the concept even farther, providing 90 minutes of flight time with 30 minutes of reserve.

Amogy Joins Forces with the Maritime and Port Authority of Singapore and Partners to Establish Future Fuels Training Hub for Maritime Workforce

Retrieved on: 
Monday, April 15, 2024

The establishment of a training facility follows a recommendation put forth by the Tripartite Advisory Panel, formed in early 2023.

Key Points: 
  • The establishment of a training facility follows a recommendation put forth by the Tripartite Advisory Panel, formed in early 2023.
  • This panel aims to identify emerging and future skills and competencies needed to build the maritime workforce of the future.
  • When fully operational, the METF is anticipated to benefit around 10,000 maritime personnel, including seafarers, from now to the 2030s.
  • “We are thrilled to embark on this exciting and important project in partnership with the Maritime and Port Authority of Singapore and other esteemed collaborators,” says Seonghoon Woo, CEO at Amogy.

Ioneer’s Rhyolite Ridge Project Moves Toward Construction

Retrieved on: 
Monday, April 15, 2024

Upon issuance of a positive ROD, construction at Rhyolite Ridge can begin following a Final Investment Decision (FID).

Key Points: 
  • Upon issuance of a positive ROD, construction at Rhyolite Ridge can begin following a Final Investment Decision (FID).
  • Rhyolite Ridge will help accelerate the electric vehicle transition and secure a cleaner future for our children and grandchildren.
  • “This news sets a clear path forward to construction and brings us one step closer to making Rhyolite Ridge a reality.
  • Ioneer’s estimated timing for the Rhyolite Ridge Lithium-Boron Project is as follows:

Allego Announces Receipt of NYSE Notice of Non-Compliance With Continued Listing Standards

Retrieved on: 
Friday, April 12, 2024

Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that it has received written notice dated March 14, 2024 from the New York Stock Exchange (“NYSE”) indicating that the Company is not in compliance with Section 802.01C of the NYSE’s continued listing standards because the average closing price of Allego’s ordinary shares was less than US$1.00 over a consecutive 30 trading-day period.

Key Points: 
  • Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that it has received written notice dated March 14, 2024 from the New York Stock Exchange (“NYSE”) indicating that the Company is not in compliance with Section 802.01C of the NYSE’s continued listing standards because the average closing price of Allego’s ordinary shares was less than US$1.00 over a consecutive 30 trading-day period.
  • Under the NYSE’s rules, the Company has six months following receipt of the notice to regain compliance with the minimum share price requirement.
  • Allego has advised the NYSE of its intention to cure the deficiency within the applicable cure period and is considering all available options in this regard, which may include, if necessary, effecting a reverse share split, subject to board and shareholder approval.
  • The NYSE notice has no immediate effect on the listing of the Company’s ordinary shares on the NYSE, subject to the Company’s compliance with the NYSE’s other continued listing requirements, and does not affect the Company’s ongoing business operations or its reporting obligations under the rules of the U.S. Securities and Exchange Commission.

Polestar Announces Global Volumes for the First Quarter; Growing Line-Up of Luxury SUVs to Drive Revenue and Margin Progression

Retrieved on: 
Thursday, April 11, 2024

Polestar (Nasdaq: PSNY) delivered approximately 7,200 cars in the first quarter, including 1,200 Polestar 4 in China.

Key Points: 
  • Polestar (Nasdaq: PSNY) delivered approximately 7,200 cars in the first quarter, including 1,200 Polestar 4 in China.
  • The very positive reviews resulting from the global media test drives of Polestar 3 and Polestar 4 show the progress that our brand is making and confirm our dynamic, global strategy.
  • Polestar 3 has started production in China, with additional production starting in the USA in the summer of 2024.
  • From Thursday, 9 May 2024, verified shareholders will be able to ask questions through the Say Technologies platform, accessible via the Polestar Investor Relations website.

Propel Fuels Partners with Road Warrior Travel Center to Open New Flex Fuel E85 Station

Retrieved on: 
Thursday, April 11, 2024

Propel Fuels , a leading low carbon fuel retailer, has opened the company’s first Flex Fuel E85 station in Washington State, partnering with the Road Warrior Travel Center to introduce a new low cost, high performance fuel choice to the Yakima Valley.

Key Points: 
  • Propel Fuels , a leading low carbon fuel retailer, has opened the company’s first Flex Fuel E85 station in Washington State, partnering with the Road Warrior Travel Center to introduce a new low cost, high performance fuel choice to the Yakima Valley.
  • View the full release here: https://www.businesswire.com/news/home/20240411668064/en/
    Propel Fuels, a leading low carbon fuel retailer, has opened the company’s first Flex Fuel E85 station in Washington State, partnering with the Road Warrior Travel Center to introduce a new low cost, high performance fuel choice to the Yakima Valley.
  • (Photo: Business Wire)
    Propel and Road Warrior will celebrate the availability of Flex Fuel E85 with a $1.85/gallon event on Thursday, April 11th and Friday, April 12th at the Road Warrior Travel Center located at 229 Lateral A Road, Wapato, WA 98951 between Yakima, and Wapato on Highway 97.
  • “Road Warrior is proud to be working with Propel Fuels to bring high performance and low emissions Flex Fuel E85 to drivers in Eastern Washington and provide a lower cost fuel option to the Yakima market,” said Kamiakin Wheeler, President of Road Warrior Travel Center.

Wallbox Announces Timing of its First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 11, 2024

Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced that it will release its financial results for the first quarter of 2024 before market opens on Thursday, May 9, 2024.

Key Points: 
  • Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced that it will release its financial results for the first quarter of 2024 before market opens on Thursday, May 9, 2024.
  • The company will host a webcast at 8:00 AM ET (2:00 PM CET), to discuss these results and provide a business update.
  • The prepared remarks by Enric Asunción, co-founder and Chief Executive Officer, and Jordi Lainz, Chief Financial Officer, will be followed by a question and answer session.
  • The company will also introduce Luis Boada, who will join Wallbox as its new Chief Financial Officer effective May 15, 2024.