STOCK TITAN
  1. Home
  2. News
  3. ZEVY

LIGHTNING EMOTORS INC - $ZEVY STOCK NEWS

Welcome to our dedicated page for LIGHTNING EMOTORS news (Ticker: $ZEVY), a resource for investors and traders seeking the latest updates and insights on LIGHTNING EMOTORS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LIGHTNING EMOTORS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LIGHTNING EMOTORS's position in the market.

News
Lightning eMotors to Sell Substantially All Assets
Rhea-AI Summary
Lightning eMotors, Inc. and its subsidiary Lightning Systems, Inc. have entered into an Asset Purchase Agreement to sell their assets for $12.6 million in cash. The buyer does not intend to continue the business of selling and servicing zero-vehicle emission vehicles. Shareholders will not receive any distributions from the transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-76.03%
Tags
none
-
News
Lightning eMotors Reports Record Revenue for the Third Quarter of 2023
Rhea-AI Summary
Lightning eMotors (ticker: ZEV) reported its highest quarterly revenue in company history, with GAAP revenue of $12.4 million and adjusted revenue of $12.7 million. The company sold 110 vehicles, including 69 ZEV3 vehicles and 41 ZEV4 vehicles. They received an order for five ZEV4 electric shuttle buses from St. Louis Lambert International Airport and continue to build the pipeline for their Lightning Mobile DC Fast Charger. Lightning eMotors also announced progress toward positive gross margin and received ISO 9001:2015 certification. However, they reported a net loss of $50.7 million during the quarter, largely due to non-cash impairments of $22.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-36.37%
Tags
none
-
News
Lightning eMotors to Report Third Quarter 2023 Financial Results on November 20
Rhea-AI Summary
Lightning eMotors, Inc. (OTC: ZEVY) Announces Change in Q3 2023 Earnings Release Date
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.78%
Tags
conferences earnings
News
Lightning eMotors to Report Third Quarter 2023 Earnings on November 14
Rhea-AI Summary
Lightning eMotors, Inc. (OTC: ZEVY) will release its third quarter 2023 results on November 14, 2023, after the market closes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
conferences earnings
-
News
Lightning eMotors’ Telematics Solution, Lightning Insights, Optimizes Fleet Planning and Deployment with Massive Database Managed by Tessell
Rhea-AI Summary
Lightning eMotors reaches 10TB milestone for its Lightning Insights telematics system
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
none
-
News
Lightning eMotors Announces Eligibility for IRS Commercial Clean Vehicle Credit of up to $40,000 per Vehicle
Rhea-AI Summary
Lightning eMotors announces up to $40,000 credit for select vehicles
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.05%
Tags
none
News
Lightning eMotors Announces Production of 55 Units in the Third Quarter of 2023
Rhea-AI Summary
Lightning eMotors produced 55 complete vehicles in Q3 2023 and expects to report record revenue for the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.05%
Tags
none
Stock ZEVY logo
LIGHTNING EMOTORS INC

OTC:ZEVY

ZEVY Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

ZEVY Stock Data

488.25k
5.14M
24.96%
0.31%
6.84%
Automobile Manufacturing
Manufacturing
Link
United States of America
Loveland

About ZEVY

lightning emotors has been providing specialized and sustainable fleet solutions since 2010, deploying complete zero-emission-vehicle (zev) solutions for commercial fleets since 2017 – including purpose-built class 3 cargo and passenger vans, class 4 and 5 cargo vans and shuttle buses, class 6 work trucks, class 7 city buses, and class 8 motor coaches. the lightning emotors team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs including school buses and ambulances, with a full suite of telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency.