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Electric Vehicle Market Status - Update Manufacturer Commitments to Future Electric Mobility in the U.S
Electric Vehicle Market Status - Update Manufacturer Commitments to Future Electric Mobility in the U.S. and Worldwide September 2020 Contents Acknowledgements ....................................................................................................................................... 2 Executive Summary ...................................................................................................................................... 3 Drivers of Global Electric Vehicle Growth – Global Goals to Phase out Internal Combustion Engines ..... 6 Policy Drivers of U.S. Electric Vehicle Growth ........................................................................................... 8 Manufacturer Commitments ....................................................................................................................... 10 Job Creation ................................................................................................................................................ 13 Charging Network Investments .................................................................................................................. 15 Commercial Fleet Electrification Commitments ........................................................................................ 17 Sales Forecast.............................................................................................................................................. 19 Battery Pack Cost Projections and EV Price Parity ................................................................................... -
DIAMONDPEAK HOLDINGS CORP. (Exact Name of Registrant As Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 17, 2020 DIAMONDPEAK HOLDINGS CORP. (Exact name of registrant as specified in its charter) Delaware 001-38821 83-2533239 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 40 W 57th Street, 29th Floor New York, New York 10019 (Address of principal executive offices, including zip code) Registrant’s telephone number, including area code: (212) 716-2000 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☒ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one share of Class A common stock, DPHCU The Nasdaq Stock Market LLC $0.0001 par value, and one-third of one Warrant Class A common stock, par value $0.0001 per share DPHC The Nasdaq Stock Market LLC Warrants to purchase Class A common stock DPHCW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). -
Virtual Analyst Event
Virtual Analyst Event September 17, 2020 1 Disclaimer This presentation is being furnished solely for the purpose of considering a potential transaction involving DiamondPeak Holdings Corp. (“DiamondPeak”) and Lordstown Motors Corporation (the “Company”). By accepting this presentation, the recipient acknowledges and agrees that all of the information contained herein is confidential, that the recipient will distribute, disclose and use such information only for such purpose and that the recipient shall not distribute, disclose or use such information in any way detrimental to the Company. ANY SECURITIES OF DIAMONDPEAK TO BE OFFERED IN ANY TRANSACTION CONTEMPLATED HEREBY HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY APPLICABLE STATE OR FOREIGN SECURITIES LAWS. ANY SECURITIES TO BE OFFERED IN ANY TRANSACTION CONTEMPLATED HEREBY HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION OR OTHER UNITED STATES OR FOREIGN REGULATORY AUTHORITY, AND WILL BE OFFERED AND SOLD SOLELY IN RELIANCE ON THE EXEMPTION FROM THE REGISTRATION REQUIREMENTS PROVIDED BY THE SECURITIES ACT AND RULES AND REGULATIONS PROMULGATED THEREUNDER (INCLUDING REGULATION D) OR REGULATION S UNDER THE SECURITIES ACT. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY IN ANY STATE OR OTHER JURISDICTION TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION IN SUCH STATE OR JURISDICTION. Any investment in or purchase of any securities of DiamondPeak is speculative and involves a high degree of risk and uncertainty. Certain statements in this presentation may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, each as amended. -
March-April 2021
news & features March-April 2021 AZ Dept of Transportation ADOT Updates A..................................................................5 Deck Park Tunnel turns 30, receives new lighting; online driver’s licensing. A Week With 2021 Dodge Charger SRT Hellcat Redeye Widebody........10 Special Events Arizona Auction Week 2021 at halftime B.........................12 Pandemic restriction uncertainty threw a wrench in this major event week as we know it, yet quite a bit happened nonetheless. Special Events Arizona Auction Week 2021: the rest B ............................15 Lockdown-adaptive events carry on in a variety of ways. A Week With 2021 Toyota GR Supra 3.0 Premium...................................16 Automotive Books Automotive books by Martyn L Schorr.............................19 A Week With 2021 Lexus LC 500 Convertible .........................................20 Motorsports Phoenix Raceway NASCAR weekends 2021 C ...............23 Road Trip Valentine AZ on Route 66 / 2021 Acura NSX D ...............24 A road trip is always good; Route 66 is always good; when a Valencia Red Acura NSX is in our hands just in time for Valentine’s Day, the stars’ alignment proves irresistible. By Tyson Hugie Arizona Business Bondurant police, military, special forces training E.....29 A Week With 2021 Ford Bronco Sport Big Bend 4x4.............................30 Arizona Business Nikola Motor Corporation updates F ...............................33 Arizona-based Nikola has news of new utility deals, extensive rapid progress on their assembly plant, and more. New Vehicle Intro Drive 2021 Kia Sorento Hybrid EX...............................................34 Automotive Books New automotive books from Veloce Publishing..............37 A Week With 2021 Toyota Tundra 4x4 CrewMax Limited Nightshade ..38 ARIZONA FLYER MAGAZINE Hybrid-electric aircraft concept.........................................41 MIT has been developing an innovative airplane propulsion system with major ramifications and many possibilities. -
Gunnison County Electric Association Oregon
YOUR CO-OP NEWS ELECTRIC VEHICLE OWNERSHIP WHAT’S NOT TO LOVE? ALLIY SAHAGUN MEMBER RELATIONS SUPERVISOR everal years ago, my parents came GUNNISON to visit while I was living in Utah. COUNTY We lived in a hilly community in the Ssoutheastern corner of the Salt Lake valley, ELECTRIC which required long hauls up and down the ALLIY SAHAGUN ASSOCIATION mountain each time we traveled into town. At Powering Possibilities the time, my parents owned a Toyota Prius, out there. Millions of car owners worldwide and my dad enjoyed driving me around, have made the shift from internal combustion showing me the regenerative braking feature engines to battery-powered vehicles. Global SEPTEMBER 2020 on his hybrid vehicle: “See, Alliy, we are EV sales totaled about 1.1 million for the first gaining mileage as we go down the hill – isn’t half of 2019, an increase of 46% compared that great?” I appreciated his giddy enthu- to the total sold in the first half of 2018, siasm, but truthfully, I didn’t quite get it and according to the Edison Electric Institute. MAILING ADDRESS continued happily driving my Honda Pilot. Bringing it closer to home, Colorado ranks P.O. Box 180 Fast-forward five years to 2018, when fourth in United States in electric vehicle Gunnison, CO 81230-0180 I was fortunate enough to land a job at sales, behind California, Washington and Gunnison County Electric Association Oregon. Colorado DMV registration shows under the guidance of CEO Mike McBride, there are 37 electric vehicles registered in STREET ADDRESS who taught me from day one all about the Gunnison and Hinsdale counties. -
DP-LMC-Merger Announcement PR Final
FOR IMMEDIATE RELEASE LORDSTOWN MOTORS CORP. TO LIST ON NASDAQ THROUGH MERGER WITH DIAMONDPEAK HOLDINGS CORP. Lordstown has entered into a definitive merger agreement with DiamondPeak Holdings Corp. (NASDAQ:DPHC); upon closing, the combined company will remain listed on the NASDAQ under the new ticker symbol “RIDE” Lordstown Endurance™ will be the first full-size electric pickup truck designed to serve the U.S. commercial fleet market with initial production expected in the second half of 2021 Approximately $675 million of gross proceeds that are expected from the transaction will be used to fund production of the Endurance and its innovative in-wheel electric hub motor design Transaction includes a $500 million fully committed PIPE, which includes $75 million of investments by General Motors in addition to investments from institutional investors, including Fidelity Management & Research Company LLC, Wellington Management Company LLP, Federated Hermes Kaufmann Small Cap Fund, and funds and accounts managed by BlackRock, among others Pro forma implied equity value of the combined company is approximately $1.6 billion Combined company Board of Directors will include Steve Burns, Founder and CEO of Lordstown, and David Hamamoto, Chairman and CEO of DiamondPeak Transaction is expected to close in the fourth quarter of 2020 LORDSTOWN / NEW YORK (August 3, 2020) – Lordstown Motors Corp. (“Lordstown”), a leader in electric light duty trucks, and DiamondPeak Holdings Corp. (“DiamondPeak”) (NASDAQ:DPHC), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in Lordstown becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Lordstown Motors Corp. -
Chicago Local Teaches Area Firefighters How to Stay Safe with Solar
FIRST PUBLISHED IN 1893 Printed in the USA International Brotherhood of Electrical Workers Vol. 14 | No. 12 | December 2020 IBEW News A Fight for Dignity 3 Film Brings Labor History to Life Chicago Local Teaches Area Firefighters How to 6 Stay Safe with Solar Combating Right-to-Work Oklahoma Organizers’ Success in the Face of RTW 8 A Sight on Rails Special BNSF Locomotive Visits Nebraska Members 8 In This Issue Editorials 2 My IBEW Story 2 PBF Summary Annual Report 5 Credit: IAFF Credit: North of 49° 9 Politics & Jobs 10 One of a firefighter’s first jobs on the scene of a building fire is to punch holes in the roof to release smoke and fumes trapped inside. But solar panel Circuits 11 installations can complicate that job and make it even more dangerous. Transitions 12 t’s among a firefighter’s worst-case scenarios: An them,” said Local 134 business representative Robert Spotlight on Safety 13 overnight call to a scene where the surroundings Hattier, who worked to build a training curriculum are dark and unfamiliar and every step poses LESSONS IN around solar safety. “It made me realize, we’re always Local Lines 14 life-threatening danger, not from flames or thinking of the electrical inspectors who work with Idegraded structure — they’re used to that — but from permitting authorities to prevent problems, but what Retirees 17 live wires, trip hazards and physical impediments to SOLIDARITY about the first responders’ safety?” 18 the most basic of firefighting strategies. Already, Hattier has trained hundreds of fire- In Memoriam This safety worry has played out night after night It’s why lawmakers and building-code regula- fighters at dozens of station houses throughout Illi- NEAP Benefit Notice 19 across the world as the use of commercial and resi- tors have increasingly turned to updating rules for nois about the well-known and lesser-known dangers dential solar power has grown over the last few solar installations and fire departments have sought of solar power generation. -
And Heavy-Duty ZEV OEM Product Announcements
Medium- and Heavy-Duty ZEV OEM Product Announcements Updated: 11/25/2020 The following is a list of some of the more current press release announcements made by truck and bus manufacturers and others highlighting the product offerings and applications of zero-emission capable trucks and buses in North America. This list is organized by company name, vehicle class, press release title, and announcement date. Arrival Class Press Release Site • Arrival expands beyond electric delivery vans with a 7 06/17/2020 new EV bus Blue Bird Class Press Release Site • Blue Bird Introduces All-New Electric School Bus NA 07/11/17 Solutions • Blue Bird Expands Production Capacity of Electric NA 09/10/20 Buses Six-Fold in Response to Surging Demand Bollinger Class Press Release Site • Bollinger Motors announces plans for electric work 3 07/27/2017 truck • Bollinger Motors Reveals B1 - World's First All- 3 07/27/2017 Electric Sport Utility Truck • Bollinger Motors Announces All-Electric B2 Pickup 3 10/10/2018 Truck • Bollinger Motors Unveils Patent-Pending E-Chassis 3 03/12/2020 (Class 3) • Bollinger Motors Unveils World's First Class 3 Electric 3 04/30/2020 Commercial Truck Platform • Bollinger Patents Clever Frunkgate, Pass-Through for 3 06/02/2020 EV Utility Vehicles • EV startup Bollinger plans electric delivery van in 2b-5 08/27/2020 2022 BYD Class Press Release Site • BYD Launches Class 6 Electric Garbage Truck 6 11/21/2016 • BYD Introduces updated Class 6 Stepvan 6 07/06/2018 • BYD Delivers first electric Class 8 Refuse Truck to the 8 05/21/2019 US -
COMPLAINT for VIOLATIONS of the FEDERAL SECURITIES LAWS Plaintiff ______(“Plaintiff”), Individually and on Behalf of All Others Similarly Situated
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF OHIO YOUNGSTOWN DIVISION ______, Individually and on Behalf of All ) No. Others Similarly Situated, ) ) Judge Plaintiff, ) ) CLASS ACTION vs. ) ) LORDSTOWN MOTORS CORP., STEPHEN ) S. BURNS, JULIO C. RODRIGUEZ, RICH ) SCHMIDT and MICHAEL FABIAN, ) ) Defendants. ) ) DEMAND FOR JURY TRIAL COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS Plaintiff ______(“plaintiff”), individually and on behalf of all others similarly situated, by plaintiff’s undersigned attorneys, for plaintiff’s complaint against defendants, alleges the following based upon personal knowledge as to plaintiff and plaintiff’s own acts and upon information and belief as to all other matters based on the investigation conducted by and through plaintiff’s attorneys, which included, among other things, a review of the U.S. Securities and Exchange Commission (“SEC”) filings by Lordstown Motors Corp. (“Lordstown”), along with its predecessor, DiamondPeak Holdings Corp. (“DiamondPeak,” collectively, “Lordstown” or the “Company”), Company press releases and media reports about the Company. Plaintiff believes that substantial additional evidentiary support will exist for the allegations set forth herein after a reasonable opportunity for discovery. NATURE OF THE ACTION 1. This is a securities fraud class action on behalf of all purchasers of the publicly traded shares of Class A common stock and warrants to purchase the Class A common stock of Lordstown and/or DiamondPeak between August 3, 2020 and March 24, 2021, inclusive, and all holders of DiamondPeak common stock entitled to participate in the August 22, 2020 shareholder vote on the merger with Lordstown (the “Class Period”), seeking to pursue remedies under the Securities Exchange Act of 1934 (“1934 Act”). -
Electric Vehicle Market Status - Update Manufacturer Commitments to Future Electric Mobility in the U.S
Electric Vehicle Market Status - Update Manufacturer Commitments to Future Electric Mobility in the U.S. and Worldwide April 2021 Contents Acknowledgements ................................................................................................................................. 2 Executive Summary ................................................................................................................................ 4 Drivers of Global EV Growth – Global Goals to Accelerate Sales ............................................................ 8 Policy Drivers of U.S. Electric Vehicle Growth ..................................................................................... 11 Manufacturer Commitments .................................................................................................................. 14 Job Creation .......................................................................................................................................... 18 Charging Network Investments .............................................................................................................. 21 Commercial Fleet Electrification Commitments ..................................................................................... 23 Sales Forecast ........................................................................................................................................ 25 Battery Pack Cost Projections and EV Price Parity ............................................................................... -
File Number) Identification No.)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): June 13, 2021 LORDSTOWN MOTORS CORP. (Exact name of registrant as specified in its charter) Delaware 001-38821 83-2533239 (State or other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 2300 Hallock Young Road Lordstown, Ohio 44481 (Address of principal executive offices and Zip Code) (234) 285-4001 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Trading Name of each exchange Title of each class Symbol(s) on which registered Class A common stock, par value $0.0001 per share RIDE The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). -
WHY GM FLEET ELECTRIC VEHICLES CARS Suvs
2022 FLEET GUIDE WHY GM ELECTRIC CARS SUVs/ TRUCKS VANS SPECIALTY RESOURCES FLEET VEHICLES CROSSOVERS VEHICLES To say it has been an extraordinary year would be the understatement of my life. Not even the most powerful As the industry evolves, your business and fleet vehicles crystal ball could have predicted how our world would likely will as well. We want to be with you on this journey. transform and the importance placed on personal connections and communication. Our promise to you is to provide great products and services, an exceptional customer experience and the Being challenged in such an unprecedented way has given innovative business solutions you need to keep your us all the latitude to innovate. We have been working from business moving forward. home offices all over the country to stay connected with you, understand the challenges you are facing and figure Working together, we will continue to rebuild and recover out how we can help. Do I miss looking you all in the eye and from the pandemic. As we do, know our team of more than shaking your hands? Absolutely! But I am happy to say our 250 dedicated fleet employees is here to help your business GM Fleet team is more resilient than ever, operating at the prosper — and we are here to help transform your fleet as highest level I have ever witnessed in my personal history the industry progresses. with General Motors. Your success is our success, and we will go the extra mile for At the corporate level, I am proud of GM’s continuing focus your business.