Month: May 2023

Former Carvana leader Sarah Wyant appointed as Nxu VP of Finance; EVONIX government affairs leader Madeline Lefton appointed as Nxu Director of Government Affairs MESA, Ariz., May 25, 2023 (GLOBE NEWSWIRE) — Nxu Inc., (NASDAQ: NXU), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems and megawatt charging stations, today announced the appointment of Sarah Wyant as Vice President of Finance and Madeline Lefton as Director of Government Affairs, effective May 15, 2023. “We are thrilled to have Sarah on board,” said Apoorv Dwivedi, Chief Financial Officer of Nxu. “Sarah is an important addition to the team and brings an expert blend of financial acumen and strategy, operational experience, and strong leadership skills. As a relatively young company, building...

Coveo customers in Canada can now keep their data in-country and benefit from lower latency, greater fault tolerance and gain resiliency for critical cloud workloads MONTREAL, May 25, 2023 (GLOBE NEWSWIRE) — Coveo (TSX:CVO), a leader in AI platforms that transform digital experiences with intelligent search, recommendations, 1:1 personalization, and merchandising, today announced that Canadian customers can now access the Coveo Relevance CloudTM on the AWS Canada (Central) Region. By leveraging the AWS Canada (Central) Region, a cluster of several data centers located in Montreal, Coveo will enable customers with data residency preferences (regulatory, compliance or other) to securely store data in Canada. Local AWS infrastructure facilities mean that customers can do more in terms of running mission-critical applications that...

BREA, Calif., May 25, 2023 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces successful completion of its inaugural participation at the Government Fleet Expo and Conference (“GFX”), the largest annual conference for public fleets in the nation. The 2023 GFX was held from May 22 – 25 at the Kay Bailey Hutchison Convention Center in Dallas, Texas. Mullen showcased its commercial EVs, the Mullen ONE, all-electric Class 1 Cargo Van, and Mullen THREE, all-electric Class 3 Cab Chassis Truck. Event participants had the opportunity to meet with technology, sales and product marketing team members from Mullen to discuss their fleet needs and sign up for a vehicle demo. Mullen also had its first commercial drive...

Enefit Green has taken final investment decision on 74 MW Sopi solar farm in Estonia. The project is part of Enefit Green’s previously communicated near-term project pipeline to quadruple its installed electricity generation capacity to 1,900 MW by the end of 2026. Sopi solar farm is expected to be commissioned in 2025 and is expected to generate ca 75 GWh electricity per year. Enefit Green will invest nearly 44 million EUR in this project. Together with the 255 MW Sopi-Tootsi wind farm being constructed nearby, Enefit Green will invest a total of nearly 350 million euros in the Sopi-Tootsi renewable energy area. The expected combined annual production of the wind and solar farms to be built in the Sopi-Tootsi renewable energy area is 754 GWh, which covers about 9% of the total electricity consumption in Estonia. In order to increase the...

BOTHELL, WA, May 25, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – E-Cite Motors Group (OTCPK:VAPR), a privately held subsidiary of VaporBrands International, Inc., announced that it has received a pre-money valuation of Seventy Five Million Dollars for the purpose of raising capital for the manufacturing of its production vehicles. The valuation was ratified in filings with the Securities and Exchange Commission (Form C) which will allow any retail investor and the general public to invest directly into E-Cite Motors L.L.C. for the purpose of financing the manufacturing of its production vehicles expected to be in its dealership showroom Q4 2023.  The valuation was determined by a consensus of industry experts specializing in JOBS Act capital raises which allows retail investors to invest in startups. For more information visit www.ecitemotors.com/what-if Direct...