Lightning eMotors, Inc

Lightning eMotors, Inc. engages in the production of electric fleet medium-and heavy-duty vehicles including delivery trucks, shuttle buses, passenger vans, chassis-cab models, and city transit buses. Its products include Vehicles, Custom Applications, Lightning Analytics, Charging stations, and Lightning Energy. The company was founded by Timothy Reeser in 2008 and is headquartered in Loveland, CO.

Earnings data Q2 2024

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Lightning eMotors, Inc. engages in the production of zero-emission commercial trucks and buses. It also provides charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. The company was founded by Timothy Reeser in 2008 and is headquartered in Loveland, CO.

LOVELAND, Colo.--( BUSINESS WIRE )--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company's CEO, Tim Reeser, and CFO, David Agatston, will present at the 25th Annual Needham Growth on January 11.

Lightning eMotors to Present at the 25th Annual Needham Growth Conference on January 11

LOVELAND, Colo.--( BUSINESS WIRE )--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, announced today that on December 14, 2022, it received written notice from the New York Stock Exchange (the “NYSE”) that it is not in compliance with the NYSE's continued listing standard that requires a minimum average closing share price of $1.00 over 30 consecutive trading days (the “Notice”).

Lightning eMotors Receives Continued Listing Standards Notice from the NYSE

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Fintel reports that Rosella Holdings Ltd has filed a 13G/A form with the SEC disclosing ownership of 7,571,903 shares of Lightning eMotors, Inc.

Rosella Holdings Cuts Stake in Lightning eMotors (ZEV) Despite Strong Q3 Results

LOVELAND, Colo.--( BUSINESS WIRE )--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company's CEO, Tim Reeser, and CFO, David Agatston, will participate in the Barclay's Automotive and Mobility Tech Conference on November 30.

Lightning eMotors to Participate in the Barclay's Global Automotive and Mobility Tech Conference on November 30

Strong revenue growth in Q3 drove a record quarter of sales, but cash burn and gross margin are a struggle. Lightning eMotors remains unprofitable. Full capacity utilization is needed to achieve positive gross margin, and there is a long way to go with ~27% utilization in Q3.

Lightning eMotors: Reasons For The Sharp Stock Price Drop And Why It Is An Opportunity

It's a mixed day in the overall market, but there's no confusing the action in Lightning eMotors (NYSE: ZEV ). Shares of ZEV stock are getting crushed on Thursday, down about 35%.

Why Is Lightning eMotors (ZEV) Stock Down 35% Today?

LOVELAND, Colo.--( BUSINESS WIRE )--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, announced today that on November 16, 2022 it entered into privately negotiated exchange agreements with certain holders (the “Noteholders”) of its unsecured 7.5% convertible senior notes due in 2024 (the “Convertible Notes”) to exchange $14.0 million aggregate principal amount of the Convertible Notes for approximately 13.3 million newly issued shares of its common stock.

Lightning eMotors Enters into Exchange Agreements with Certain 7.5% Convertible Noteholders

Lightning eMotors, Inc. (NYSE:ZEV ) Q3 2022 Earnings Conference Call November 7, 2022 5:00 PM ET Company Participants Brian Smith - Vice President of Investor Relations Timothy Reeser - Co-Founder and Chief Executive Officer Kash Sethi - Chief Revenue Officer David Agatston - Senior Vice President and Chief Financial Officer Conference Call Participants Michael Shlisky - D.A. Davidson & Co. Sherif El Sabbahy - Bank of America Merrill Lynch Colin Rusch - Oppenheimer & Co. Abhishek Sinha - Northland Capital Markets Operator Greetings, and welcome to the Lightning eMotors' Third Quarter 2022 Earnings Results Call.

Lightning eMotors, Inc. (ZEV) Q3 2022 Earnings Call Transcript

Lightning eMotors, Inc. (ZEV) delivered earnings and revenue surprises of 3.45% and 32.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lightning eMotors, Inc. (ZEV) Reports Q3 Loss, Tops Revenue Estimates

LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (“Lightning eMotors”, “Lightning”, or the “Company”), a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the third quarter ended September 30, 2022.

Lightning eMotors Reports Financial Results for Third Quarter 2022

Lightning eMotors Announces Transport Canada Registration, Expanding Commercial EV Presence in Canada

Lightning eMotors to Report Third Quarter 2022 Earnings on November 7

LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that it produced 104 vehicles and powertrains during the third quarter of 2022, up from 74 during the second quarter of 2022. Going forward, Lightning plans to disclose unit production levels after the end of each quarter. “I am pleased that we continue to demonstrate our ability to scale-up our pro

Lightning eMotors Produces 104 Vehicles and Powertrains in the Third Quarter of 2022

LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that Wanda Jackson-Davis has been appointed to the Company's Board of Directors. “We are pleased to welcome Wanda Jackson-Davis to the Lightning Board,” said Robert Fenwick-Smith, the Company's Board Chairman. “Wanda's knowledge and experience in supply chain, procurement and operations will provide

Lightning eMotors Appoints Wanda Jackson-Davis to the Board of Directors

LOVELAND, Colo.--(BUSINESS WIRE)---- $ZEV #commercialevs--Lightning eMotors (NYSE: ZEV), a leading provider of zero emissions medium duty commercial vehicles and electric vehicle technology for fleets, announced today it will now offer a second generation repower program for high-demand 40-foot transit buses. This new offering in Lightning's growing lineup of Class 3-8 commercial electric vehicles will be available to municipal and private transit agencies throughout North America. By repowering existing transit buses

Lightning eMotors Announces 2nd Generation Diesel/CNG to Battery-Electric Repower Program for 40-foot Transit Buses

LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero-emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that Chief Financial Officer Teresa Covington is retiring, effective October 2, 2022. She will continue to be available to the Company as needed through March 31, 2023. “Since joining the Lightning team early last year, Teresa has built a strong finance and accounting organization, establishing soli

Lightning eMotors Announces CFO Transition

This Canadian company is aiming to bring all-electric fleets to the U.S. GoBolt, a sustainable logistics provider based in Toronto, and Lightning eMotors (NYSE: ZEV), a Loveland, Colorado-based EV-maker, announced this week that Lightning has agreed to manufacture a fleet of 170 all-electric cargo vans and box trucks to be deployed by GoBolt in the U.S. and Canada. GoBolt's order includes 70 Class 3 electric cargo vans and 100 Class 5 electric box trucks, which will be manufactured over the next 12 months.

Lightning eMotors delivering 170 electric vans and trucks to GoBolt

Shares of Lightning eMotors Inc. ZEV, -0.80% shot up 5.7% in premarket trading Wednesday, after the zero-emission-vehicle (ZEV) maker said it entered into a partnership with Toronto-based GoBolt to make 170 all-electric vans and trucks over the next 12 months. As part of the partnership agreement, the company will deliver 70 Class 3 electric cargo vans and 100 Class 5 electric box trucks.

Lightning eMotors stock jumps after GoBolt partnership to make all-electric vans and trucks

LOVELAND, Colo.--(BUSINESS WIRE)---- $ZEV #commercialevs--Lightning eMotors (NYSE: ZEV), a leading provider of zero-emissions, medium-duty commercial vehicles and electric vehicle technology for fleets, announced today it has entered into a strategic partnership with GoBolt — a technology-led, customer-centric sustainable logistics provider — to manufacture 170 all-electric cargo vans and box trucks over the next 12 months. These vehicles will be deployed across the U.S. and Canada. As part of this agreement, Lightnin

GoBolt and Lightning eMotors Form Strategic Partnership to Deploy All-Electric Vans and Trucks across North America

LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company has entered into a purchase agreement and registration rights agreement (together, the “Agreement”) for up to $50 million with Lincoln Park Capital Fund, LLC (“Lincoln Park”). Under the terms and conditions of the Agreement, the Company has the right, but not the obligation to sell

Lightning eMotors Enters into a Purchase Agreement for up to $50 Million with Lincoln Park Capital

Despite a 40% decline in the stock this year, ZEV does not look like a buy yet and we are not buyers of the dip. Revenue decline significantly disappointed expectations. Revenue is on track to grow for the year, but not as much as expected.

Lightning eMotors: Why The Stock Is Not Yet A Compelling Buy

Lightning eMotors, Inc. (NYSE:ZEV ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Brian Smith – President-Investor Relations Tim Reeser – Co-Founder and Chief Executive Officer Kash Sethi – Chief Revenue Officer Teresa Covington – Chief Financial Officer Conference Call Participants Mike Shlisky – D.A. Davidson Sherif El Sabbahy – Bank of America Colin Rusch – Oppenheimer James Valan – Karner Blue Capital Operator Ladies and gentlemen, thank you for joining us for today's Lightning eMotors Second Quarter 2022 Earnings Call.

Lightning eMotors, Inc.'s (ZEV) CEO Tim Reeser on Q2 2022 Results - Earnings Call Transcript

Lightning eMotors, Inc. (ZEV) delivered earnings and revenue surprises of -3.23% and 49.20%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Lightning eMotors, Inc. (ZEV) Reports Q2 Loss, Misses Revenue Estimates

LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (“Lightning eMotors”, “Lightning”, or the “Company”), a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the second quarter ended June 30, 2022. “Our operations team executed well and produced 74 vehicles and powertrains in the quarter. Some unit sales were pushed out of the quarter due to customer financing delays,” said Tim Rees

News for Lightning eMotors, Inc Stock (ZEV)