Month: January 2025

Company Achieved New Record-High Monthly and Quarterly Deliveries31,138 vehicles were delivered in December 2024, increasing by 72.9% year-over-year 72,689 vehicles were delivered in the three months ended December 2024, increasing by 45.2% year-over-year 221,970 vehicles were delivered in 2024 in total, increasing by 38.7% year-over-year Cumulative deliveries reached 671,564 as of December 31, 2024  SHANGHAI, China, Jan. 01, 2025 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its December, fourth quarter and full year 2024 delivery results. The Company delivered 31,138 vehicles in December 2024, a new monthly high, representing an increase of 72.9% year-over-year. The deliveries consisted of...

36,695 units delivered in December 2024, an 82% increase year-over-year MONA M03 surpassed 10,000 deliveries for fourth consecutive month 91,507 units delivered in Q4 2024, a 52% increase year-over-year, exceeding upper end of quarterly guidance range for Q4 190,068 units delivered for the full year 2024, a 34% increase year-over-yearGUANGZHOU, China, Jan. 01, 2025 (GLOBE NEWSWIRE) — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for December and the fourth quarter 2024. In December 2024, XPENG delivered 36,695 Smart EVs, representing an 82% increase year-over-year and a 19% increase over the prior month, with deliveries of XPENG MONA M03 and XPENG P7+ exceeding 15,000 and 10,000 units respectively....

BEIJING, China, Jan. 01, 2025 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 58,513 vehicles in December 2024, reflecting a 16.2% year-over-year increase. Total deliveries for the full year of 2024 reached 500,508 vehicles, bringing the Company’s cumulative deliveries to 1,133,872. Li Auto’s December delivery represents a new monthly high. With this milestone, the Company has achieved annual deliveries of over 500,000 vehicles within just five years since its first delivery, setting the record for the fastest growth among premium auto brands in the Chinese market. The Company’s smart assistant, Li Xiang Tong Xue, is now available for download on mobile devices, extending the benefits of its intelligent capabilities...

Extensions support business growth initiatives and capital structure improvement VIENNA, Va., Dec. 31, 2024 (GLOBE NEWSWIRE) — Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, announced today that it has reached an agreement with its lenders on a short-term extension to its term loan agreements while it continues to work toward longer-term extensions. Urgently has agreed with its first lien lenders, among other things, to permit the partial prepayment of its first lien term loans in an aggregate principal amount equal to $3 million, together with certain fees applicable thereto, and to a short-term extension of the maturity date of such term loans until February 1, 2025. Urgently has agreed with its second lien lenders, among other things,...

EDMONTON, Alberta, Dec. 31, 2024 (GLOBE NEWSWIRE) — Regenx Tech Corp., (the “Company” or “Regenx“) (TSXV: RGX) (OTCQB: RGXTF) (FSE: YRS WKN: A2DSW3) announces the Company has received unsecured and non-brokered financing for gross proceeds of $503,423 in Debenture Financing. The debentures will bear interest at the rate of 15% per annum. The Subscriber will also be issued 500 warrants for each $1,000 Debenture. Each warrant allows the Subscriber to purchase a common share of the Corporation for $0.05 per share if exercised prior to the expiry date of October 30, 2025. The Corporation can redeem the Debentures at any time upon 10 days prior written notice. The Company intends to use the proceeds to support operations, and general working capital. About Regenx Regenx Tech is a cleantech, urban mining company...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia and WILMINGTON, Mass., Dec. 31, 2024 (GLOBE NEWSWIRE) — Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, announces that it has elected to exercise its acceleration right for all 12,500,000 common share purchase warrants of the Company (the “Warrants”) issued on December 19, 2024 pursuant to a private placement. Each Warrant is exercisable to acquire one common share of the Company (“Common Share”) at an exercise price of $0.55 per Common Share. Pursuant to the terms of the Warrants, the Company may accelerate the expiry date of the Warrants at any time following the...