GreenPower Motor (NASDAQ: GP), a leading provider of all-electric busses and cargo vehicles, has announced record-breaking deliveries in Q2 of fiscal 2024. GreenPower supplied a remarkable 16 electric school buses, including 13 BEAST school buses and three Nano BEAST award-winners.

This achievement comes amid a growing trend in states mandating the transition to electric school buses and offering financial incentives. California recently joined Connecticut, Maine, Maryland, and New York in requiring zero-emission school buses by 2035, allocating up to $5 billion in funding. 

In addition to the school buses, GreenPower also delivered 14 commercial electric vehicles, including 12 EV Star passenger vehicles, and one EV Star Cargo, with more than 50 EV Star Cab and Chassis vehicles ready for delivery.

Fraser Atkinson, CEO of GreenPower stated: "During the quarter, GreenPower focused on increased production, sales and deliveries of its all-electric, purpose-built school bus products."

GreenPower Motor designs, builds and distributes a full suite of electric school buses, shuttles, and cargo vans. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components.

Shares of GreenPower Motor trade on the NASDAQ under the ticker symbol GP. For more information visit www.greenpowermotor.com 

ChargePoint (NYSE: CHPT), a leading provider of EV charging solutions, is introducing NACS connector support for AC and DC charging systems. In November, cable conversion kits for existing DC fast chargers will be available, finally providing Tesla (NASDAQ: TSLA) drivers with a public fast charging option. ChargePoint's NACS lineup is a major step toward ensuring a seamless charging experience for all EV owners, as it's the first in the industry to offer a native DC connector compatible with Tesla vehicles. AC solutions are also included, eliminating the need for adapters. 

This expansion enables ChargePoint to meet the charging needs of EV owners in North America and Europe, aligning with the NACS standard adopted by many automakers for upcoming models.

Pasquale Romano, CEO of ChargePoint stated: “With more than 35 million historical ChargePoint sessions initiated by Tesla vehicles, we saw the need to offer native connector solutions for this large portion of the EV market.”

Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions.

Shares of ChargePoint trade on the NYSE under the ticker symbol CHPT. For more information, and to sign up for our free daily newsletter, go to www.greenstocknews.com 

Lilium (NASDAQ: LILM), a pioneer of all-electric vertical take-off and landing (eVTOL) jets, has officially launched private sales of its aircraft in the United States. The company announced a new partnership today with Texas-based EMCJET that will allow individuals to secure five production slots for its Lilium Pioneer Edition eVTOL jet.

The company says that initial sales of the aircraft will focus on major suburban regions. Lilium’s Pioneer Edition Jet is an all-electric eVTOL designed specifically for regional connectivity, offering exceptional capacity, minimal noise, and zero operating emissions.

Sebastien Borel, Chief Commercial Officer at Lilium stated: “We are thrilled to partner with EMCJET as we embark on our mission to revolutionize regional air mobility in the United States. EMCJET’s proven track record of private premium market jet sales in the U.S. and managing privately owned aircraft and exceptional customer service aligns seamlessly with Lilium's vision of delivering an unparalleled flying experience to our potential customers.”

Shares of Lilium trade on the NASDAQ under the ticker symbol LILM.

Another eVTOL stock investors are paying attention to is Surf Air Mobility (NYSE: SRFM). The company is building a regional air mobility platform to expand the category of regional air travel while reinventing flying through the power of electrification. Most recently, Surf Air signed a deal with Florida-based REGENT to establish an all-electric seaglider hub in Miami. Shares of Surf Air Mobility trade on the NYSE under the symbol SRFM. For more information visit www.surfair.com.

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Surf Air Mobility (NYSE: SRFM), the largest commuter airline in the U.S., has announced a partnership with REGENT to establish a seaglider operations base in Miami. With plans to be operational as early as 2027, this facility will cater to passenger transport services for South Florida.

This region is host to nine  million passengers traveling annually via commercial air, rail, and roadways. Surf Air says that the new Miami-based seaglider operations will have the potential to serve up to 1.5 million passengers annually, connecting travelers between coastal destinations and serving as a link to major transportation hubs like Miami International Airport and PortMiami.

Surf Air Mobility is poised to accelerate the adoption of innovative vehicles like the REGENT seaglider by utilizing its existing passenger base, operator relationships, and industry connections. Seagliders combine aircraft speed with boat-like convenience, exclusively operating over water and using existing dock infrastructure for transportation up to 180 miles, powered by current battery technology.

Stan Little, CEO of Surf Air Mobility stated: “By leveraging our platform at Surf Air to bring new, electrified transportation to market, we believe REGENT seagliders can unlock new routes along Florida’s coastal corridors that complement our existing service networks and further our commitment to operating an electrified fleet.”

Surf Air Mobility is a Los Angeles-based regional air mobility platform expanding the category of regional air travel to reinvent flying through the power of electrification.

Shares of Surf Air Mobility trade on the NYSE under the ticker symbol SRFM. For more information visit www.surfair.com 

Disclaimer

This video is not financial advice and should not be taken as financial advice. This video is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content is based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or in other materials that it publishes electronically. Green Stock News has been compensated US$15,000 by Surf Air Mobility for advertising services.

REE Automotive (Nasdaq: REE), an automotive technology company specializing in fully by-wire electric trucks and platforms, has obtained certification from the United States Environmental Protection Agency (EPA) for its P7-C chassis cab and P7-S stripped chassis products.

This EPA certification represents a significant milestone in REE's plan for full vehicle certification by later this year, signifying that their P7 electric truck lineup complies with the Clean Air Act, aimed at reducing air pollution nationwide.

The company is currently concentrated on the class 3 and class 5 market, producing emission-free battery electric vehicles driven by their proprietary REEcorner™ and full x-by-wire technology. REE aims to achieve $1 billion in cumulative sales between 2024-2026 and is on course to commence customer deliveries later this year.

Daniel Barel, CEO and co-founder of REE Automotive stated: “We are excited to receive EPA certification for our P7 lineup. As we continue the certification of Powered by REE vehicles, planned to be the first commercial vehicles with full x-by-wire technology, we aim to break new ground for non-traditional architectures.”

REE Automotive is an automotive technology manufacturer that allows companies to build electric vehicles of various shapes and sizes on their modular platforms.

Shares of REE Automotive trade on the NASDAQ under the ticker symbol REE. For more information visit www.greenstocknews.com

Welcome to the Green Stock News weekly wrap, where we recap this weeks top headlines.

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Joby Aviation (NYSE: JOBY), a leader in electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, has expanded its flight test program by including piloted flights on its pre-production prototype aircraft. These tests occurred at the company's Pilot Production Facility in Marina, CA, in addition to ongoing tests at Edwards Air Force Base.

Previously, most of Joby's flight testing was done remotely from a ground control station, generating extensive data on aircraft performance. The recent tests evaluated various tasks, including vertical takeoffs, accelerating, transitioning to forward flight, runway centerline tracking, and vertical landings on representative landing pads and will support aircraft certification.

Joby Chief Test Pilot James Denham stated: “Having helped design and test flight controls for a wide variety of aircraft, including all three variants of the F-35 Joint Strike Fighter, nothing compares to the simplicity and grace of the Joby aircraft.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient service in cities around the world.

Shares of Joby Aviation trade on the NYSE under the ticker symbol JOBY. For more information visit www.greenstocknews.com 

DevvStream (NEO: DESG), a sustainability-focused carbon credit company, and the BC Road Builders and Heavy Construction Association, have announced a significant new agreement in which DevvStream will pre-purchase 25,000 carbon credits. 

The company says that this groundbreaking new greenhouse gas reduction program aims to reduce carbon emissions originating from the transportation sector. Transportation is responsible for an estimated 25% of global energy-related emissions.

The new program allows road organizations through Canada and the U.S. earn credits by adopting eco-friendly practices, including fleet electrification and use of low-carbon materials. 

DevvStream says that the ambitious new project boasts one of the largest geographical footprints globally.

Sunny Trinh, CEO at DevvStream stated: "By pre-purchasing carbon credits from the BC Road Builders Program, we are not only supporting the reduction of carbon emissions but also fostering innovation in the construction and maintenance industry.This project exemplifies the kind of forward-thinking solutions needed to address the climate crisis. We look forward to developing our partnership to expand this program to other regions beyond North America."

DevvStream, a publicly traded technology-based sustainability company, is advancing the development and monetization of environmental assets focused on carbon markets.

Shares of DevvStream trade on the NEO exchange under the ticker symbol DESG. For more information visit www.devvstream.com 

Disclaimer

This video is not financial advice and should not be taken as financial advice. This video is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content is based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or in other materials that it publishes electronically. Green Stock News has been compensated US$15,000 by DevvStream for advertising services.

Welcome to the Green Stock News weekly wrap, where we recap this weeks top headlines.

Thanks for listening to this weeks Green Stock News weekly wrap. For more information on any of the news items you heard here today, go to www.greenstocknews.com