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LEV

The California Energy Commission awarded BorgWarner Inc. and partners Fermata Energy and The Lion Electric Company a $3M grant for a Vehicle-to-Grid project to support California school districts with electric school buses. This initiative aims to enhance energy management and transition to electric buses, providing grid-supporting and cost-saving solutions.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:50 am

VERB

Verb Technology's shares are experiencing an uptick, likely due to the momentum from its recent announcement on Friday. The company revealed that its Market.live platform has integrated Facebook and Instagram social shopping technology. Additionally, Verb Technology announced the addition of 100 retail brands to its livestream social shopping platform, further expanding its offerings.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:41 am

VERB

Verb Technology Company, Inc. (NASDAQ:VERB) has expanded its MARKET.live livestream social shopping platform by adding 100 more retail brands. This move signifies the company's ongoing effort to grow its platform and enhance its offerings.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:40 am

BWAY

BrainsWay's existing partner, Katie's Way Plus, has expanded its order by adding 18 more Deep Transcranial Magnetic Stimulation (Deep TMS) systems, increasing their total to around 40 systems. This expansion indicates a growing demand for Deep TMS technology and a strengthening partnership between BrainsWay and Katie's Way Plus.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:33 am

XPEV

Xpeng shares are trading higher following reports that the company intends to introduce more affordable electric vehicle (EV) models to its lineup. This strategic move is aimed at capturing a larger market share by making EVs accessible to a broader audience.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:32 am

SPRC

SciSparc Ltd. (NASDAQ:SPRC), a clinical-stage pharmaceutical company, announced it has been granted a Canadian patent for its core technology combining cannabinoids and n-acylethanolamines. This patent is expected to strengthen SciSparc's proprietary technology, enhancing the safety of cannabinoids by using low dosages while maintaining therapeutic benefits.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:31 am

EH

EHang's stock price increased following the announcement that it has started selling its EH216-S flying taxi on Taobao, a popular online shopping platform.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:31 am

MRCY

Mercury Systems has launched an early access program for its RFS1140 Direct RF System-In-Package, offering product documentation, support, and priority delivery for evaluation hardware expected to be available this year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:29 am

GOEV

Canoo Inc (NASDAQ:GOEV) received approval from the U.S. Department of Commerce for its Oklahoma City facility to be designated as a Foreign Trade Zone (FTZ). This designation is expected to enhance Canoo's electric vehicle manufacturing strategy in the U.S., improve profitability, and accelerate the path to breakeven. The facility, which currently employs over 100 workers, aims to support up to 1,100 jobs at full capacity. The FTZ status will eliminate customs duties on vehicles sold internationally and defer duties on imported parts for domestic sales, potentially reducing vehicle costs by up to 5% on imported parts. Canoo sources over 90% of its parts from the U.S. and allied nations, with 70% coming from North America.

Portfolio Pulse from Shivani Kumaresan

March 18, 2024 | 11:22 am

TSLA

Tesla shares are trading higher following the announcement of an increase in Model Y prices across multiple European countries.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:22 am