Lilium (NASDAQ: LILM), a leading manufacturer of eVTOL aircraft, and Saudia Group have signed a binding sales agreement for 50 Lilium Jets, with options for 50 more.

Saudia Group aims to enhance connectivity and reduce travel times, with the jets supporting travel across the Kingdom.

This agreement marks the largest firm order of eVTOL aircraft in the region by an airline. It demonstrates Saudia Group's strong commitment to electric aviation and the superior performance of the Lilium Jet.

The contract includes deposit schedules, delivery timelines, performance guarantees, and maintenance provisions. A comprehensive agreement for fleet maintenance is also planned.

Expecting the first aircrafts in 2026, the Lilium Jet will feature large, premium cabins for up to six passengers, offering a high-end travel experience.

Klaus Roewe, CEO of Lilium stated: “The Middle East is a priority for Lilium, and Saudi Arabia will be a very large and exciting market for electric, high-speed regional air mobility.”

Lilium is creating a sustainable and accessible mode of high-speed transportation, offering leading capacity, low noise and high performance with zero operating emissions.

Shares of Lilium trade on the NASDAQ under the ticker symbol LILM. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com

Bloom Energy (NYSE: BE), a leading innovator in solid oxide fuel cell technology, has announced a strategic partnership with CoreWeave. This collaboration highlights Bloom's capability to address the increasing energy needs of the rapidly expanding AI sector.

Bloom will install its proprietary fuel cells to provide on-site power for CoreWeave at a high-performance data center in Illinois. This state-of-the-art data center is designed for high-density deployments and features advanced cooling systems, enabling CoreWeave to deliver high-performance and efficient cloud solutions for AI.

Bloom’s fuel cells are scheduled to be operational by Q3 2025. With its solid oxide fuel cells already deployed at customer sites worldwide, Bloom is well-positioned to support the energy demands of the AI industry globally.

Brian Venturo, CoreWeave’s Chief Strategy Officer stated: “We’re proud to partner with Bloom Energy and utilize their industry-leading solid oxide fuel cell technology. This partnership will allow us to deliver unmatched performance and reliability to our customers while advancing our sustainability objectives.”

Bloom Energy's leading solid oxide platform for distributed generation of electricity is changing the future of energy.

Shares of Bloom Energy trade on the NYSE under the ticker symbol BE.

JinkoSolar (NYSE: JKS), a leading solar module manufacturer, has announced a new agreement with Renewable Energy Localization. This venture will establish a high-efficiency solar cell and module manufacturing facility in Saudi Arabia, with a total investment of approximately $1 billion, funded through internal and external sources. The facility aims for an annual production capacity of 10 GW for both solar cells and modules, with the production plan and schedule dependent on market conditions.

Mr. Xiande Li, Chairman and CEO of JinkoSolar stated: “This partnership is another major milestone in the execution of our globalization strategy, and will further help us optimize our global manufacturing and marketing infrastructure, as well as enhance our global competitiveness. We thank our partners for their trust in JinkoSolar's outstanding N-type technology and dedication to environmental sustainability. Together with our new partners, we will work towards shaping a cleaner and brighter future."

JinkoSolar is one of the largest and most innovative solar module manufacturers, distributing solar products and solutions all over the world.

Shares of JinkoSolar trade on the NYSE under the ticker symbol JKS. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com

Blue Bird (NASDAQ: BLBD), a leading producer of low and zero emission school buses, has announced the company has been awarded an $80 million grant from the U.S. Department of Energy (DOE) to enhance its electric vehicle manufacturing and workforce development.

The grant will help Blue Bird convert a former diesel motorhome manufacturing site in Georgia, into a 600,000 square foot electric vehicle facility. The new facility will boost the production of Type-D electric school buses to meet increasing demand.

The grant is part of a $2 billion U.S. initiative to convert automotive facilities for electric vehicle production, retain and expand manufacturing jobs, and strengthen domestic supply chains. The $80 million grant covers 50% of the $160 million needed for Blue Bird's project.

Blue Bird is one of 11 selectees, including Cummins, Blue Bird’s supply chain partner for electric vehicle powertrains.

Phil Horlock, CEO of Blue Bird stated: “We are delighted that the U.S. Department of Energy supports our plant conversion project above the many applications that were submitted. The grant will enable Blue Bird to reinvest in middle Georgia, building on a site that previously manufactured high-end motorhomes.”

Blue Bird is a proven leader in low- and zero-emission school buses with more than 20,000 buses in operation today. The Company is transforming the student transportation industry through cleaner energy solutions.

Shares of Blue Bird trade on the NASDAQ under the ticker symbol BLBD. For more information visit www.greenstocknews.com

Joby Aviation (NYSE: JOBY), a leading developer of eVTOL aircraft, has announced the successful flight of its hydrogen-electric air taxi demonstrator, covering 523 miles with only water as a by-product.

This aircraft builds on Joby's battery-electric air taxi program and showcases hydrogen's potential for emissions-free, regional travel without runways. The test flight, completed last month, used a modified pre-production battery-electric aircraft with a liquid hydrogen fuel tank and fuel cell system, landing with 10% of its hydrogen fuel remaining.

The aircraft, previously tested as a battery-electric model for over 25,000 miles in Marina, CA, now features a Joby-designed liquid hydrogen fuel tank and fuel cell system designed by H2FLY. The system converts hydrogen into electricity, water, and heat, powering the six electric motors, with batteries providing additional power during takeoff and landing.

JoeBen Bevirt, Founder and CEO of Joby stated: The vast majority of the design, testing and certification work we’ve completed on our battery-electric aircraft carries over to commercializing hydrogen-electric flight.”

Joby Aviation is a California-based transportation company pioneering an all-electric, eVTOL air taxi.

Shares of Joby Aviation trade on the NYSE under the ticker symbol JOBY. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com.

Wallbox (NYSE: WBX), a global leader in EV charging solutions, has launched the Supernova 220, a new DC fast charger capable of charging up to 220 kW, allowing for a full charge of up to 100 miles in just eight minutes.

The Supernova 220 provides charge point operators (CPOs) with more power options, enhancing their EV charging networks with reliable and efficient solutions. This model, maintaining the compact design of previous Supernova chargers, can charge one EV at 220 kW or two EVs at 110 kW each. It offers cost-effective installation and maintenance, improving ROI for CPOs, especially in high-traffic areas.

Till Wilmschen, Director of DC fast charging at Wallbox stated: “Supernova 220 fills the current need for High Power Charging sites, capable of providing 10 to 15 minute charging times for passenger EVs, as well as serving the high power charging demands at private and public sites.”

Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network.

Shares of Wallbox trade on the NYSE under the ticker symbol WBX. For more information, or to sign up for our free daily newsletter, go to www.greenstocknews.com

Polestar Automotive (NASDAQ: PSNY), a leading electric vehicle manufacturer, has begun delivering its Polestar 3 SUV. This announcement is a significant milestone as the company now offers three models to customers globally, including two SUVs.

The initial vehicles are being handed over to customers across two continents in the coming days, with deliveries set to accelerate throughout the summer.

The first handovers of the new model were held at Polestar’s headquarters in Gothenburg, Sweden, with a special ceremony at the brand’s Cube, where customers received their launch edition Polestar 3.

Similar ceremonies will occur worldwide, with more deliveries scheduled in Germany, Norway, and the USA. In the USA, the North American Polestar team is handing over the first Polestar 3s in California, Illinois, Indiana, and New York

Thomas Ingenlath, CEO of Polestar stated: “This is an important milestone, the first deliveries of Polestar 3 to our customers. Polestar is becoming a global player with the most attractive electric product range.”

Polestar is a Swedish EV manufacturer determined to improve transportation by using design and technology to accelerate the shift to sustainable mobility.

Shares of Polestar Automotive trade on the NASDAQ under the ticker symbol PSNY. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com