MESA, Ariz., May 25, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ:NXU), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems and megawatt charging stations, today announced the appointment of Sarah Wyant as Vice President of Finance and Madeline Lefton as Director of Government Affairs, effective May 15, 2023. "We are thrilled to have Sarah on board," said Apoorv Dwivedi, Chief Financial Officer of Nxu. "Sarah is an important addition to the team and brings an expert blend of financial acumen and strategy, operational experience, and strong leadership skills. As a relatively young company, building out a robust fin

MESA, Ariz., May 25, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ:NXU), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems and megawatt charging stations, today announced the appointment of Sarah Wyant as Vice President of Finance and Madeline Lefton as Director of Government Affairs, effective May 15, 2023. "We are thrilled to have Sarah on board," said Apoorv Dwivedi, Chief Financial Officer of Nxu. "Sarah is an important addition to the team and brings an expert blend of financial acumen and strategy, operational experience, and strong leadership skills. As a relatively young company, building out a robust fin

MESA, Ariz., May 11, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ:AMV), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility products, today announced shareholder approval of the company reorganization to a holding company structure with Nxu, Inc. (pronounced: "new") as the surviving publicly traded entity (the "Holding Company Proposal"). A proposed Omnibus Incentive plan was also approved by the shareholders (the "Plan Proposal").  At a special meeting for shareholders held on May 9, 2023, 99.86% of voting shares were in favor of the Holding Company

MESA, Ariz., May 04, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ:AMV), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility products, will host a special shareholder meeting on Tuesday, May 9, 2023, at 8 am PT/11 am ET. In the meeting, Atlis will seek shareholder approval on restructuring the company to a holding company with Nxu, Inc (pronounced: "new") as the surviving publicly traded entity. Upon approval, Atlis will become a subsidiary under Nxu. The company also seeks approval of a new omnibus incentive plan.  AMV stockholders can attend the

MESA, Ariz., April 17, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ:AMV) ("Atlis"), a  US-owned technology company manufacturing innovative battery cells and battery packs, for use in advanced energy storage systems and megawatt charging stations, announced today that it will ship its first battery packs to an off-highway equipment customer in Summer 2023. Atlis will rebrand as Nxu, Inc. (pronounced: "new"), a move that more closely aligns with the Company's focus on developing technology to make electrification viable for mobility and infrastructure. "At Nxu, we are driving an energy revolution by building energy solutions that enable a faster transition to an electric f

MESA, Ariz., April 11, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (NASDAQ:AMV), a vertically integrated electric vehicle technology ecosystem company, and US-owned and operated battery cell manufacturer, will host a live stream event, Monday, April 17th, 2023, at 11:00am PT / 2:00pm ET. For updates on the next phase of the Company's journey, shareholders, investors, and tech enthusiasts alike are invited to attend. With a vision to enable a world where energy is available on demand, anywhere and everywhere, the Company plans to share important developments, clarify its strategic direction, and showcase products and innovations intended to promote a more seamless transition to electrifi

MESA, Ariz., March 30, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (NASDAQ:AMV), a vertically integrated electric vehicle technology ecosystem company, and US based battery cell manufacturer, announced today the addition of Srinivas Jasthi to its leadership team, further bolstering the strength and effectiveness of AMV management as they focus on product delivery and driving value for shareholders. As Vice President of Software, Mr. Jasthi will oversee development of future integrated and connected cloud service systems, as well as in-house services, mobile, and cloud payment services for Atlis Energy products. With 30 years of experience leading teams at Shutterfly, BASELAYER, Amazon

MESA, Ariz., March 28, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (NASDAQ:AMV), a vertically integrated electric vehicle technology ecosystem company, and US based battery cell manufacturer, announces that Chief Executive Officer Mark Hanchett will participate in the Electric Vehicle & Auto Tech Virtual Conference, presented by Maxim Group and hosted by M-Vest, on Thursday, March 30, 2023. Mr. Hanchett will participate in the "Building a New EV Supply Chain" panel at 12:00 p.m. ET. Ongoing adoption of electric vehicles, more technology in automobiles, and lighter and more efficient batteries can create opportunities for companies in many sectors. Executives involved in different pa

MESA, Ariz., March 20, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (NASDAQ:AMV), a vertically integrated electric vehicle technology ecosystem company, and US-owned and operated battery cell manufacturer, will host an Investor Town Hall today, Monday, March 20, 2023, at 7:30pm ET / 4:30pm PT. Executives will share key updates regarding the Company's latest 10-K filing, battery cell mass production trial progress, insight into growing customer demand, and more. Speakers to include: Mark Hanchett, Chief Executive OfficerAnnie Pratt, PresidentApoorv Dwivedi, Chief Financial OfficerKate Sieker, Vice President of PeopleDavid Apps, Vice President, Operations To receive a link to the presen

MESA, Ariz., March 15, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (NASDAQ:AMV), a vertically integrated electric vehicle technology ecosystem company, and battery cell manufacturer fully owned and operated in the US, today unveiled battery cell data for its proprietary pouch cell. Atlis' NMC pouch cells successfully meet the targets necessary to enable 15-min charging and ensure consistent performance. Internal testing shows cells with up to 254 Wh/kg energy density, 1.74 mAh average internal resistance, and the ability to maintain 80% usable capacity after 2,000 cycles. "We're on track to meet one of our first goals – to develop a battery cell capable of high performance," said M

MESA, Ariz., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (NASDAQ:AMV), a vertically integrated electric vehicle technology ecosystem company, and the first battery cell manufacturer to be fully owned and operated in the US, today announced successful demonstration of their ability to charge over 1 Megawatt. This is a significant milestone and marks a critical step towards realizing the Company's vision of establishing a 1.5MW charging network. As the market shifts towards electrification, access to rapid, dependable, and robust charging will be paramount to the success of this transition. At present, customers remain at the mercy of a fragmented and unreliable charging station