Author: sHq_LoGiNz

NEWARK, Calif., Nov. 12, 2025 /PRNewswire/ — Lucid Group, Inc. (Nasdaq: LCID) today announced the pricing of its offering of $875,000,000 aggregate principal amount of 7.00% convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The issuance and sale of the notes are scheduled to settle on or about November 17, 2025, subject to the satisfaction of customary closing conditions. Lucid also granted the initial purchasers of the notes an option, for settlement within a period of 13 days from, and including, the date the notes are first issued, to purchase up to an additional $100,000,000 principal amount of notes.

The Notes

The notes will be senior, unsecured obligations of Lucid and will accrue interest at a rate of 7.00% per annum, payable semi-annually in arrears on May 1 and November 1 of each year, beginning on May 1, 2026. The notes will mature on November 1, 2031, unless earlier repurchased, redeemed or converted. Before August 1, 2031, noteholders will have the right to convert their notes only upon the occurrence of certain events and during specified periods. From and after August 1, 2031, noteholders may convert their notes at any time at their election until the close of business on the second scheduled trading day immediately before the maturity date. Lucid will settle conversions of notes by paying or delivering, as applicable, cash, shares of its Class A common stock, or a combination thereof, at Lucid’s election. The initial conversion rate is 48.0475 shares of common stock per $1,000 principal amount of notes, which represents an initial conversion price of approximately $20.81 per share of common stock. The initial conversion price represents a premium of approximately 22.5% over the last reported sale price on The Nasdaq Global Select Market of $16.99 per share of Lucid’s common stock on November 11, 2025. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events. If a “make-whole fundamental change” (as defined in the indenture for the notes) occurs, Lucid will, in certain circumstances, increase the conversion rate for a specified time for holders who convert their notes in connection with that make-whole fundamental change.

The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Lucid’s option at any time, and from time to time, on or after November 6, 2028 and on or before the 31st scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Lucid’s common stock exceeds 130% of the conversion price for a specified period of time and certain liquidity conditions are satisfied. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. If Lucid calls any or all notes for redemption, holders of notes called for redemption may convert their notes during the related redemption conversion period, and any such conversion will also constitute a “make-whole fundamental change” with respect to the notes so converted.

Noteholders may require Lucid to repurchase their notes on November 1, 2029 at a cash repurchase price equal to the principal amount of the notes to be repurchased. In addition, if a “fundamental change” (as defined in the indenture for the notes) occurs, then, subject to limited exceptions, holders may require Lucid to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date.

Lucid estimates that the net proceeds from the offering will be approximately $863.5 million (or approximately $962.4 million if the initial purchasers fully exercise their option to purchase additional notes), after deducting the initial purchasers’ discounts and commissions and estimated offering expenses. Lucid intends to use approximately $752.2 million of the net proceeds from the offering to fund repurchases of approximately $755.7 million aggregate principal amount of its outstanding 1.25% Convertible Senior Notes due 2026. Lucid intends to use the remaining net proceeds for general corporate purposes.

Repurchases of Outstanding 2026 Notes

Concurrently with the pricing of the notes, Lucid entered into one or more separate and individually negotiated transactions with certain holders of the 2026 notes to repurchase for cash a portion of the 2026 notes on terms negotiated with each such holder.

Ayar Prepaid Forward Transaction

In connection with the pricing of the notes, Ayar Third Investment Company (“Ayar”), a wholly-owned subsidiary of PIF, entered into a privately negotiated prepaid forward transaction with a forward counterparty that is an affiliate of one of the initial purchasers, pursuant to which Ayar will purchase approximately $636.7 million of Lucid’s common stock (based on the last reported sale price on The Nasdaq Global Select Market of $16.99 per share of Lucid’s common stock on November 11, 2025) with delivery expected to occur on or about the maturity date for the notes, subject to the ability of the forward counterparty to elect to settle all or a portion of the prepaid forward transaction early. Subject to the conditions set forth in the agreement governing the prepaid forward transaction, the prepaid forward transaction will be settled physically, subject to Ayar’s option to elect cash settlement of the prepaid forward transaction. Lucid is not a party to the prepaid forward transaction.

The prepaid forward transaction is generally intended to facilitate privately negotiated derivative transactions, including swaps, between the forward counterparty or its affiliates and investors in the notes relating to Lucid’s common stock by which investors in the notes will hedge their investments in the notes. Ayar’s entry into the prepaid forward transaction with the forward counterparty and the entry by the forward counterparty into derivative transactions in respect of Lucid’s common stock with the investors of the notes could have the effect of increasing (or reducing the size of any decrease in) the market price of Lucid’s common stock concurrently with, or shortly after, the pricing of the notes and effectively raising the initial conversion price of the notes.

Additional information about the transactions described in this press release can be found in the Current Report on Form 8-K that Lucid intends to file with the Securities and Exchange Commission on or about November 17, 2025.

The offer and sale of the notes and any shares of Lucid’s common stock issuable upon conversion of the notes have not been, and will not be, registered under the Securities Act or any other securities laws, and the notes and any such shares cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the notes or any shares of Lucid’s common stock issuable upon conversion of the notes, nor will there be any sale of the notes or any such shares, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful.

About Lucid Group

Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity SUV deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.

Investor Relations Contact

investor@lucidmotors.com

Media Contact

media@lucidmotors.com

Forward-Looking Statements

This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “shall,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the completion of the offering and the expected amount and intended use of the net proceeds. Actual events and circumstances may differ from these forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties. Among those risks and uncertainties are market conditions, the satisfaction of the closing conditions related to the offering and risks relating to Lucid’s business, including those factors discussed under the cautionary language and the Risk Factors in Lucid’s Annual Report on Form 10-K for the year ended December 31, 2024, subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Lucid may not consummate the offering described in this press release and, if the offering is consummated, cannot provide any assurances regarding its ability to effectively apply the net proceeds as described above. In addition, forward-looking statements reflect Lucid’s expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid’s assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. Accordingly, undue reliance should not be placed upon the forward-looking statements.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-group-inc-prices-875-000-000-convertible-senior-notes-offering-302612861.html

SOURCE Lucid Group

This recognition underscores Delta’s market leadership, innovation, and customer-centric strategy in advancing integrated energy systems across Europe.

SAN ANTONIO, Nov. 12, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that Delta Electronics (Delta) has been given the 2025 Europe Company of the Year Recognition in the integrated energy solutions industry for its strong overall performance in driving innovation, customer value, and sustainable growth. This highlights Delta’s consistent leadership in shaping the transition toward a cleaner and more resilient energy future through its comprehensive portfolio of power, automation, and grid technologies.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Delta excelled in both, demonstrating the ability to align its innovation roadmap with urgent market needs such as renewable integration, energy storage, and EV infrastructure, while executing these strategies with speed, precision, and scalability. “Delta has positioned itself as a trusted partner in the energy transition by transforming complex challenges such as grid congestion, deployment delays, and regulatory uncertainties into customer-centric solutions that are modular, intelligent, and future-ready,” said Neha Tatikota, senior industry analyst at Frost & Sullivan.

Guided by a forward-looking growth strategy, Delta continues to expand its presence across high-potential markets, particularly in Central and Western Europe, where progressive policy frameworks and accelerating electrification drive demand for holistic energy ecosystems. With end-to-end solutions spanning PV inverters, battery energy storage systems (BESS), EV charging infrastructure, microgrids, and the AI-enabled DeltaGrid^® energy management platform, Delta addresses both immediate market requirements and long-term sustainability goals.

Innovation is central to Delta’s approach. Its Energy Storage Solution M and C Series, designed for utility-scale and space-constrained applications, respectively, embody the company’s modular and scalable philosophy. Complementing this, Delta’s Ultra Fast Charger 500 kW and DC Wallbox 50 kW exemplify how the company anticipates user-centric needs while supporting grid integration. By combining energy storage, renewables, and EV charging under an intelligent management platform, Delta empowers clients to deploy integrated systems with agility and measurable value. “We are incredibly proud to be recognized by Frost & Sullivan for this achievement,” said Rakesh Mukhija, Head of Power & Energy Solutions at Delta EMEA. “This award is a testament to our team’s relentless dedication and the trust our customers and partners place in our solutions. It validates our long-term commitment to advancing clean energy infrastructure and supporting Europe’s ambitious decarbonization goals.”

Delta’s customer-first mindset extends beyond product delivery into consultative engagement and tailored deployment models. Its phased investment approach allows clients to start with PV and storage and expand seamlessly into EV charging or microgrid configurations. This flexibility is critical in addressing capital barriers while ensuring long-term operational continuity. By embedding AI-driven functionalities into its platforms, such as load forecasting, renewable energy optimization, and grid services, Delta enhances resilience, reduces emissions, and enables enterprises to align operations with environmental, social, and governance mandates.

Frost & Sullivan commends Delta for redefining best practices in integrated energy solutions through strategic partnerships, continuous R&D investment, and sustainability leadership. The company’s collaborations across hydrogen energy, EV charging networks, and next-generation power electronics illustrate a robust commitment to building an ecosystem that accelerates the clean energy transition. Its open innovation model and significant reinvestment in research ensure Delta remains at the forefront of addressing evolving customer needs.

Each year, Frost & Sullivan presents the Company of the Year recognition to an organization that demonstrates excellence in growth strategy and execution, innovation, and customer impact. Delta exemplifies these attributes by delivering scalable solutions that transform how businesses and communities generate, store, and consume energy, while advancing Europe’s long-term decarbonization objectives.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:

Tarini Singh
E: Tarini.Singh@frost.com 

About Delta
Delta, founded in 1971, and listed on the Taiwan Stock Exchange (code:2308), is a global leader in switching power supplies and thermal management products with a thriving portfolio of IoT-based smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the Dow Jones Best-in-Class World Index (formerly the DJSI World Index of Dow Jones Sustainability™ Indices) for 14 consecutive years. Delta has also won CDP with double A List for 4 times for its substantial contribution to climate change and water security issues and has been named Supplier Engagement Leader for its continuous development of a sustainable value chain for 8 consecutive years.

Media Contact  
Denise Futterer
Communications Manager, Delta EMEA
denise.futterer@deltaww.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-electronics-receives-frost–sullivans-2025-europe-company-of-the-year-recognition-for-leadership-in-integrated-energy-solutions-302611239.html

SOURCE Frost & Sullivan

The European company joins global leaders and experts at the world forum, sharing how its technology contributes to the transition towards a more sustainable energy future

DUBAI, UAE, Nov. 12, 2025 /PRNewswire/ — In November 2025, global leaders will meet in South Africa for the G20 Summit, where one of the key agenda items will be ensuring that the energy transition and sustainable development advance in an achievable way worldwide. The Think 20 (T20), the G20’s policy advisory network, will bring together global experts to address these challenges.

Europe enters the summit with a strong climate policy framework. The European Commission’s strategy towards carbon neutrality has built solid regulatory foundations, yet the region still faces rising energy prices. Households and businesses bear higher bills, a pressing reality in a green transition where progress often lags. This tension between ambition and affordability remains one of Europe’s greatest challenges: ensuring that decarbonisation is economically viable for all.

As noted by the European Commission last October, the processes underpinning this transition are slower than required, limiting the deployment of renewables, the expansion and modernisation of power grids. In response, the Commission has set out seven priority actions to reduce energy costs and streamline permitting for new projects.

Against this backdrop, regulation alone cannot deliver the change required. Technology and innovation have become the true drivers of progress. Real-time monitoring solutions can transform climate targets into measurable results.

Technologies powered by the Internet of Things (IoT) and Artificial Intelligence (AI) are redefining this approach. While achieving a fully renewable energy system within current timelines remains ambitious, the integration of these technologies enables existing infrastructures to be modernised and provides users, households, businesses and municipalities with a clearer understanding of their utility networks, helping them make informed, sustainable decisions.

As global leaders discuss the energy transition in South Africa, SureFlow will showcase how data intelligence can accelerate the G20’s sustainability commitments. The company will feature at G20 South Africa 2025, an official T20 side event, hosting its panel “Smart Cities in Action: Data Intelligence for Sustainable Urban Living.” The session, bringing together participants in Dubai and online from across the world, will showcase live demonstrations and data-led discussions illustrating how AI and IoT are transforming utility management and empowering communities to build smarter, more efficient cities.

With operations in the United Kingdom, across Europe and the United Arab Emirates, SureFlow has established itself as a European leader in technology for energy efficiency. Its AI and IoT-driven systems enable households, businesses and public authorities to monitor and optimise energy consumption in real time, providing scalable and affordable tools that support sustainability commitments.

“Our platform acts as an Intelligent Guardian, detecting anomalies, identifying patterns and guiding users towards more sustainable energy use,” said Sébastien Dui, CEO and Founder of SureFlow.

By turning information into actionable insight, SureFlow helps detect leaks, uncover hidden consumption and address inefficiencies through predictive intelligence. Designed with a do-it-yourself (DIY) approach, its solutions are easy to install and allow rapid, large-scale deployment, while ensuring data privacy and security through advanced encryption and full anonymisation.

As Europe accelerates towards climate neutrality, SureFlow is emerging as a strategic technology partner that makes sustainability tangible.

Photo – https://mma.prnewswire.com/media/2819690/Sureflow_CEO_Sebastien_Dui.jpg
Photo – https://mma.prnewswire.com/media/2819689/Sureflow_Smart_EV.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/during-t20-south-africa-2025-sureflow-will-join-global-discussions-on-the-role-of-technology-in-the-energy-transition-302612790.html

SOURCE Sureflow

• New research shows that people aged 29-42 are more likely to miss cervical screenings than any other age group.1

• Almost one third of surveyed European millennials eligible for routine cervical screening have postponed or skipped their appointment.1

• Cervical cancer is one of the most preventable cancers, with almost all cases avoidable through vaccination and regular screenings.²

BASEL, Switzerland, Nov. 12, 2025 /PRNewswire/ — Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today research findings showing that 31% of eligible millennials have postponed or missed their cervical screening appointments – 27% higher than the average across all age groups. The findings come from a survey of 5,518 internet users aged 16-64 commissioned by Roche and conducted by GWI across six European countries.¹

Despite screening services being widely available free of charge or heavily subsidised in many countries, for the millennials surveyed, specific challenges make accessing routine cervical screening difficult. In addition to the well-documented fears reported over pain, embarrassment or stigma surrounding screenings,¹ the research reveals that millennials face a particular challenge in balancing careers, caregiving responsibilities, and relationships. These overlapping commitments appear to push cervical screenings – which remain vital for detecting HPV, the cause of over 99% of cervical cancers³ – to the bottom of their priorities, resulting in higher rates of missed or delayed appointments compared to other groups.

“Millennials are often said to be the ‘have it all generation,’ juggling careers, caregiving, and societal expectations. Yet, they tend to put themselves last,” said Joanna Sickler, Vice-President, Health Policy and External Affairs at Roche Diagnostics. “The research shows that millennials are disproportionately failing to prioritise cervical screening, because of a mix of emotional, logistical, and societal pressures. It’s critical to design solutions like self-sampling that allow screening to fit into their reality. It’s not just important, it’s essential to saving lives.”

The findings highlight the importance of practical, tailored interventions that address the barriers millennials face. Commenting on the results, Professor Daniel Kelly OBE, Cardiff University, and Co-Chair of the HPV and Hep B Action Network at the European Cancer Organisation said: “Healthcare systems must evolve to meet women where and how they live offering flexible, person-centred screening options and access to vaccination while fostering open dialogue and community engagement that normalise cervical health as a shared responsibility.”

Fear remains the biggest barrier to cervical screening attendance. Thirty percent of all women cite fear as the primary reason for missing or delaying their appointments, driven by anxiety about discomfort, pain, or the potential results. The survey also found that professional commitments and workplace demands are a major factor, and the second-largest barrier for all participants. High-income earners (top third of income ranges across markets) are 22% more likely than average to delay appointments, and 27% of this group cite workplace demands as the reason for postponement. Millennials who delayed or cancelled screening appointments are 20% more likely than the general population to say that greater workplace flexibility and encouragement would help them prioritise cervical screenings.

Caregiving responsibilities add another layer of complexity, particularly for parents. For many, the demands of family life take priority over personal health, with 27% of parents surveyed reported they had delayed or cancelled cervical screening appointments.

These challenges are compounded by a lack of awareness and discussion around cervical screening, with half of women surveyed believing there are no schemes to support or subsidise healthcare appointments. Additionally, nearly 50% of respondents, including 43% of millennials, admitted they had never spoken to anyone about cervical screening, highlighting a pervasive cultural discomfort that leaves many without the emotional support or encouragement needed to prioritise screenings.

Practical and emotional support are key to improving attendance rates. Among millennials who postponed their screenings, 12% identified assistance with travel or childcare as a significant motivator, while 19% said greater workplace flexibility and encouragement from employers would help them prioritise their appointments. Emotional support also plays a role, with 10% saying they would be more likely to attend if encouraged by family, friends, or colleagues.

Cervical cancer: it only ends with all of us

Every year, cervical cancer affects more than 600,000 women globally,² yet it is preventable in almost all cases through vaccination, early detection, and treatment of precancers.² At Roche Diagnostics, we are committed to the elimination of cervical cancer through collective action. Our campaign, Cervical cancer: it only ends with all of us, focuses on reducing barriers to access, normalising conversations about cervical health, and enabling more eligible individuals to attend their routine screenings.

Roche is working alongside healthcare systems, governments, and communities to provide flexible screening options such as self-collection, inclusive education, and clear communication about the importance of early detection. Together, we can help improve attendance rates, empower individuals to take action for their health, and prevent cervical cancer from claiming more lives. Eliminating cervical cancer starts with all of us.

For more information, visit: https://roche.com/stories/cervical-cancer-it-only-ends-with-all-of-us

About Roche
 Founded in 1896 in Basel, Switzerland, as one of the first industrial manufacturers of branded medicines, Roche has grown into the world’s largest biotechnology company and the global leader in in-vitro diagnostics. The company pursues scientific excellence to discover and develop medicines and diagnostics for improving and saving the lives of people around the world. We are a pioneer in personalised healthcare and want to further transform how healthcare is delivered to have an even greater impact. To provide the best care for each person we partner with many stakeholders and combine our strengths in Diagnostics and Pharma with data insights from the clinical practice.

In recognising our endeavour to pursue a long-term perspective in all we do, Roche has been named one of the most sustainable companies in the pharmaceuticals industry by the Dow Jones Sustainability Indices for the fifteenth consecutive year. This distinction also reflects our efforts to improve access to healthcare together with local partners in every country we work.

Genentech, in the United States, is a wholly owned member of the Roche Group. Roche is the majority shareholder in Chugai Pharmaceutical, Japan.

For more information, please visit www.roche.com.

All trademarks used or mentioned in this release are protected by law.

[1] GWI – Roche. Cervical Cancer Europe Study 2025.
[2] World Health Organisation. Cervical Cancer Factsheet. Available at URL: https://www.who.int/health-topics/cervical-cancer#tab=tab_1
[3] Centers for Disease Control, Cancers caused by HPV. Available at URL: https://www.cdc.gov/hpv/about/cancers-caused-by-hpv.html  

Roche Diagnostics Communications

Kathryn Ager
Senior Communications Business Partner, Roche Diagnostics
kathryn.ager@roche.com
Phone: +44 07745 115046

View original content to download multimedia:https://www.prnewswire.com/news-releases/millennials-at-highest-risk-of-missing-crucial-cervical-cancer-screenings-finds-survey-commissioned-by-roche-302611895.html

SOURCE Roche

BELÉM, Brazil, Nov. 11, 2025 /PRNewswire/ — On November 10, the 30th United Nations Climate Change Conference (COP30) officially opened in Belém, Brazil. As a pioneer in long-range electric two-wheelers, TAILG was invited to the High-Level Forum on South-South Cooperation on Climate Change to present its Green and Low-Carbon Global Development Plan, contributing Chinese innovation to the global climate agenda.

COP30 is one of the world’s most influential platforms for climate governance, gathering delegates from nearly 200 countries, international organizations, and enterprises to explore solutions for climate challenges.

Innovative Evaluation System for Industry Transformation

At the conference, TAILG President Yao Li introduced the TAILG Green and Low-Carbon Development Plan, centered on the Smart E-Vehicle Green Assessment System. Using digital and AI technologies, the system covers the entire product lifecycle—manufacturing, usage, and recycling—to promote sustainable transformation in the e-mobility industry.

In manufacturing, TAILG is building a green system focusing on zero-carbon factories, low-carbon design, and sustainable supply chains, reducing emissions and energy consumption. During usage, it has developed digital mileage, battery, and energy management systems to encourage users’ participation in low-carbon travel. In recycling, TAILG is establishing eco-friendly recovery systems for batteries and vehicles to advance a circular economy.

The system is scheduled for full implementation by 2026, aiming to help the global electric two-wheeler industry achieve traceable, recyclable, and sustainable green growth within five years.

Advancing Global Green Mobility

Since its founding in 2003, TAILG has embedded low-carbon principles across R&D, manufacturing, supply chain, and service. Since signing an MoU with the United Nations Environment Programme (UNEP) in 2017, it has made significant progress: building two certified zero-carbon factories in Huizhou and Wuxi, and launching green mobility pilot projects in Kenya, Uganda, the Philippines, Vietnam, Thailand, and Malaysia.

In Africa, TAILG has developed solar-powered tricycles and the TK90 battery-swap series to address local energy shortages.

“Faith leads the way forward.” This belief drives TAILG’s long-term commitment to green development,” Yao emphasized. “As a global innovator in electric mobility, TAILG will continue to lead with technology, advancing a greener, smarter, and more inclusive future for all.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/tailg-showcases-at-the-un-climate-conference-driving-global-low-carbon-development-302612347.html

SOURCE TAILG

BELEM, Brazil, Nov. 11, 2025 /PRNewswire/ — The Report on State Grid’s Contribution to Global Security Initiative was released during the “Beautiful Bays, Better Lives” Ocean Ecological Civilization Storytelling Session held at the China Pavilion of the 30th UN Climate Change Conference. This marks the first contribution report by a Chinese enterprise on the implementation of the Global Security Initiative. It is also the third time State Grid has released a corporate contribution report on a United Nations platform, following the publication of the first Green and Low-Carbon Development Report by a central SOE at COP27, and the first Report on Contribution to Global Development Initiative by a central SOE during the 78th session of the UN General Assembly.

Against the backdrop of global climate change, it has become a global consensus to accelerate the energy transition and effectively address the triple challenge of energy security, sustainability, and economic efficiency. State Grid fully implements the new energy security strategy of “Four Reforms and One Cooperation”, accelerating the development of a new energy system and the building of a New-Type Power System. The Company is advancing carbon peaking in a proactive and well-coordinated manner, fostering green production and lifestyles, and ensuring reliable electricity supply to support both economic development and people’s livelihoods. Through these efforts, State Grid has provided a Chinese model and solutions that other countries can draw upon in strengthening energy security and advancing the green and low-carbon transition.

The Report is structured into five sections i.e. Preface, The GSI, The GSI and State Grid, Measures and Practices of State Grid in Implementing the GSI, and Outlook. It provides a systematic account of the State Grid’s practices and experience in energy security and green, low-carbon transition. The Report vividly illustrates how State Grid has advanced the GSI by strengthening the national energy security line, serving national economic security, supporting national ecological security, and fostering international energy security synergy. Through innovative measures and remarkable achievements, State Grid has contributed to global efforts in promoting the sustainable development of global energy, safeguarding global energy security, and fostering international energy cooperation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/state-grid-releases-chinese-enterprises-first-report-on-contribution-to-global-security-initiative-302612322.html

SOURCE State Grid Corporation of China