Tag: PR Newswire

LOS GATOS, Calif., Oct. 28, 2025 /PRNewswire/ — Christie’s International Real Estate Sereno, a locally founded and privately owned brokerage, has reached a new milestone in community giving, earning the #19 position on the Silicon Valley Business Journal’s Corporate Philanthropy List. This marks its highest ranking to date, and is a notable distinction among the much larger publicly traded corporations, including Adobe and Alphabet.

The recognition reflects a culture of giving that’s deeply rooted in the brokerage’s values, carried forward through the continued efforts of its agent-led Sereno 1% For Good Charitable Foundation.

Since its founding in 2012, Sereno 1% For Good Charitable Foundation has contributed over $7 million to more than 600 local nonprofits across 11 counties, advancing initiatives in five key funds: Ecosystem, Education, Equity & Access, Community Impact, and Disaster Relief.

“This recognition is an extraordinary honor for an independent, locally founded company to stand alongside some of the world’s largest corporations. It speaks directly to our founding vision of using our success to make meaningful contributions in the places we live and work,” said Ryan Iwanaga, Co-Founder and Chief Experience Officer. “We’re proud of our agents and staff whose generosity and community spirit make this possible.”

Kirsty Duncan, Director of Giving & Corporate Social Responsibility, added, “This incredible achievement is a direct reflection of our amazing agents, staff and leadership whose generosity and commitment to Sereno 1% For Good Charitable Foundation continue to create lasting impact in our local communities. I am beyond grateful for them and the positive impact it allows us to make.”

Through its ongoing philanthropic work, Christie’s International Real Estate Sereno continues to strengthen its impact across Northern California, supporting organizations that build thriving, resilient communities.

Learn more about Sereno 1% For Good Charitable Foundation at sereno.com/pages/social-impact.

About Christie’s International Real Estate Sereno

Founded in 2006, Christie’s International Real Estate Sereno is Northern California’s largest locally owned and operated independent brokerage, with 19 offices and more than 675 agents serving San Francisco, the Peninsula, Silicon Valley, South County, East Bay, Santa Cruz, Marin, Wine Country, Tahoe, Sierra Foothills, and the Central Coast. Projected to reach $6.5 billion in sales volume for 2025, Christie’s Sereno consistently ranks among the nation’s top five brokerages for per-agent productivity and average sales price.

Through a highly curated support platform, the company equips its agents with concierge-level marketing, world-class technology, and resources designed to elevate the client experience. Its agent-driven Sereno 1% For Good Charitable Foundation has donated more than $7 million to over 600 local organizations, creating positive impact in the communities where its agents live and work.

View original content to download multimedia:https://www.prnewswire.com/news-releases/christies-international-real-estate-sereno-earns-19-ranking-on-silicon-valley-business-journals-corporate-philanthropy-list-of-corporate-givers-302597420.html

SOURCE Christie’s International Real Estate Sereno

The health plan has partnered with the Los Angeles Regional Food Bank, Food Forward, and the YMCA of Metropolitan Los Angeles to distribute grocery gift cards and fresh foods — and to help expand distribution points across Los Angeles County.

LOS ANGELES, Oct. 28, 2025 /PRNewswire/ — As the ongoing federal government shutdown nears its one-month mark, individuals and families who rely on CalFresh, California’s Supplemental Nutrition Assistance Program (SNAP), may not receive their monthly assistance to purchase groceries during the month of November. To safeguard the health and well-being of its members and the greater Los Angeles community, L.A. Care Health Plan, the nation’s largest publicly operated health plan, has committed up to $5.4 million in nutrition support to fill the immediate needs created by this continued lapse in funding. As many as 1.5 million Los Angeles County residents rely on CalFresh nutrition support, the majority of whom are working families, children, seniors, and adults with disabilities.

“We know that good health starts with access to nutritious food,” said Martha Santana-Chin, CEO of L.A. Care. “Many of our members and their communities are facing real hardship right now, and we’re grateful to be able to offer help when it’s needed most — because no one should have to choose between paying your bills and putting food on the table.”

L.A. Care will provide up to $5 million to the Los Angeles Regional Food Bank, the YMCA of Metropolitan Los Angeles, and Food Forward, a nonprofit organization that distributes fresh surplus fruits and vegetables. In addition, L.A. Care will work with local community organizations to invest up to $400,000 to advance food security efforts, bolster food distribution support in the county, and support other emerging needs. The investment to the L.A. Regional Food Bank, the YMCA and Food Forward will support between 10,000 to 15,000 households per week throughout November.

The organizations, all committed to fight hunger, will provide CalFresh beneficiaries across Los Angeles County, including L.A. Care members, a combination of grocery gift cards (which may only be used to purchase food at markets, convenience stores, and farmers markets) and fresh food and produce. In addition to providing food and grocery cards, L.A. Care’s investment is helping expand distribution points to reach even more families in need. Several YMCAs will serve as distribution hubs for Food Forward’s fresh fruits and vegetables, and the L.A. Care and Blue Shield Promise Community Resource Centers will serve as grocery gift card access points across the County.

“We are deeply grateful for L.A. Care’s generous investment in our efforts to combat food insecurity in Los Angeles County,” said Michael Flood, President and CEO of the Los Angeles Regional Food Bank. “This funding will allow us to expand our distribution of grocery gift cards and essential food supplies, providing the equivalent of over 660,000 meals to vulnerable children, families, seniors, and individuals throughout Los Angeles County.”

Unfortunately, the shutdown has already put a severe strain on food banks across the country, as they are seeing an uptick in visits from federal workers, who are furloughed or working without pay. And now, with the benefits freeze, food banks will very likely see an influx of demand right before Thanksgiving, a time of year they already see increased need from families.

L.A. Care is observing November as a “Month of Action,” encouraging employees, community partners, nonprofit organizations, and the broader community to get involved—whether by volunteering at a food bank, pantry, or community center, or by making a donation. Volunteers provide crucial support and resources, allowing organizations to carry out their missions. In fact, without volunteer help, many nonprofits would struggle to run programs, fundraise, or serve the community.

“November is a time to come together and lift each other up,” said Martha Santana-Chin, CEO of L.A. Care. “We’re proud to launch our Month of Action and invite everyone—our employees, partners, and neighbors—to support the organizations that nourish and care for our communities. Every act of kindness makes a difference.”

CalFresh is a critical lifeline for millions of Californians. According to the California Health Interview Survey, in 2024, 47.2% of adults in California struggled to afford food. To put this in perspective, the average monthly CalFresh household benefit in California is approximately $189 per recipient, but according to the United States Census Bureau’s Household Pulse Survey, the average family spends almost $300 a week at the grocery store. 

L.A. Care recognizes that addressing the social determinants of health, like access to food, is critical for the overall health and well-being of under-resourced communities in Los Angeles County. As a public entity, the health plan is committed to addressing food insecurity through various initiatives, including grants to community-based organizations that provide food assistance, and CalFresh enrollment support and food and gift card distribution at the Community Resource Centers.

To learn more about these efforts or to find a food pantry or gift card distribution location near you, visit www.lacare.org/CalFresh.

About L.A. Care Health Plan

L.A. Care Health Plan is the largest health plan in Los Angeles County serving more than one of every four Angelenos. It is also the largest publicly operated plan in the country. L.A. Care offers four health coverage plans including Medi-Cal, L.A. Care Covered™, L.A. Care Medicare Plus and the PASC-SEIU Homecare Workers Health Care Plan, all dedicated to being accountable and responsive to members. As a public entity, L.A. Care’s mission is to provide access to quality health care for L.A. County’s low-income communities, and to support the safety net required to achieve that purpose. L.A. Care prioritizes quality, access and inclusion, elevating health care for all of L.A. County. For more information, follow us on X, Facebook, LinkedIn and Instagram.

View original content to download multimedia:https://www.prnewswire.com/news-releases/la-care-invests-5-4-million-to-help-address-calfresh-funding-shortfall-due-to-federal-shutdown-and-provide-nutrition-assistance-to-la-county-residents-302597327.html

SOURCE L.A. Care Health Plan

Eco Edge Solutions is helping to bring Sunamp’s PCM-based thermal storage to the U.S., enabling MEP engineers and owners to meet emissions rules with efficient, compact hot water solutions.

MENDHAM, N.J., Oct. 28, 2025 /PRNewswire/ — Eco Edge Solutions today announced a U.S. distribution agreement for Sunamp’s Thermino line of compact thermal storage systems—space-saving “heat batteries” that modernize domestic hot water and heating. The partnership gives building owners a practical path to reduce on-site emissions, manage loads, and improve efficiency—key to Local Law 97 compliance in New York City.

“Thermino helps New York buildings decarbonize without needing oversized tanks or major mechanical rooms,” said Tom Ryan, Partner at Eco Edge Solutions. “By pairing with heat pumps and smart controls, owners can cut emissions, lower operating costs, and free up space—often the toughest constraint in NYC retrofits. The low amperage built-in coil option offers the MEP engineer significant flexibility in overall system design”

Why Thermino: Thermino uses Plentigrade ®, Sunamp’s proprietary advanced phase-change material (PCM), to store heat compactly and release it on demand, offering a modern alternative to traditional hot-water cylinders and oversized water storage tanks.

Key advantages

• Space saver: Delivers equivalent usable hot water in up to 4× less space than a conventional cylinder—ideal for tight mechanical rooms.
• Efficiency & load shifting: Low standby losses and optimized charge/discharge improve heat-pump COPs and enable off-peak charging.
• Flexible integration: Pairs with air/ground-source heat pumps, solar PV, geothermal, electric boilers, and district energy; retrofit-friendly plumbing with multiple connection orientations. Can be used as a direct replacement for traditional buffer tanks or hot water storage.
• Reliability & safety: Thermino stores heat—not water—reducing leak risks and simplifying maintenance.

Real-World Applications

• Multifamily DHW modernization: Replace aging gas tanks with electric flow boiler or heat pump + Thermino for consistent, efficient hot water.
• Commercial/mixed-use: Shift hot-water production off-peak, cut peak demand, and reclaim floor area.
• Staged electrification: Start with DHW, then expand to space heating as envelopes and distribution are upgraded.

Low-Amperage Built-In Coil Option

Thermino can also be specified with a low-amperage electric heating coil that provides fast, on-demand hot water without requiring major electrical service upgrades. This is particularly valuable for NYC buildings where panel space is limited and bringing in new feeders is costly.

• Panel-friendly: Designed to operate on a standard 20-amp, 2-pole breaker, enabling DHW electrification without costly panel or service upgrades.
• Heat-pump ready: Coil can serve as a standalone DHW solution today, then transition to a heat recovery mode maintaining electric charging in a backup role.
• Load control: Can be easily paired with a timer scheduled for off-peak charging or demand-response participation, lowering bills and improving grid alignment.
• Retrofit advantage: Ideal for multifamily stacks, tenant retrofits, and phased LL97 compliance projects.

“Our low-amperage coil option lets owners electrify domestic hot water without chasing big new feeders,” Ryan added. “It’s a practical path to compliance and a smarter way to plan phased upgrades.”

Availability & Support

Eco Edge Solutions can assist with site assessments, engineering support, and budgetary proposals for Thermino deployments across residential, multifamily, commercial, and institutional buildings.

MEP firms and consultants conducting LL97 and electrification studies can spec Thermino into their designs today. Eco Edge Solutions offers lunch & learn sessions and technical support to help your team integrate Thermino seamlessly into project specs.

About Eco Edge Solutions: Eco Edge Solutions is a U.S. distributor and integrator of advanced energy-efficiency and electrification technologies. We deliver sustainable, space-saving, and cost-effective solutions that improve building performance and reduce carbon footprints for owners and operators nationwide. www.EcoEdgeSoltuions.com

About Sunamp: Sunamp designs and manufactures compact thermal energy storage systems using proprietary PCM technology to deliver efficient heating and hot water. Sunamp solutions integrate with heat pumps and renewables to accelerate building decarbonization. https://sunamp.com/en-us/

Technical Specifications

Tech specs:
20/ 40/ 60/ 80-gal equivalents ; compact footprint ~14″ × 22″ with variable heights; multiple inlet/outlet orientations; electric element and heat-pump compatible.

Technical Configurations

• Voltage options: 220V
• Nominal current draw: 14A / (1) double-pole 20A breaker
• Power rating: 2.7 kW
• Compatibility: Works standalone or with water-source heat pumps, PV, and geothermal

Media Contact: Tom Ryan, (973) 978-5942

Eco Edge Solutions: Thermal Storage Solutions for Professionals and Homeowners

View original content to download multimedia:https://www.prnewswire.com/news-releases/eco-edge-solutions-introduces-sunamps-thermino-to-the-us-to-accelerate-building-decarbonization-302595293.html

SOURCE Eco Edge Solutions

Over 800 Employees ‘Go Pink’ for a Purpose, Supporting Lifesaving Breast Cancer Research

QUINCY, Mass., Oct. 28, 2025 /PRNewswire/ — Granite Telecommunications, a leading $1.8 billion provider of communications and technology solutions to businesses and government agencies, announced today that its first-ever “Granite Gives Pink” fundraiser raised $500,000 for the Breast Cancer Research Foundation (BCRF).

The company’s Quincy headquarters was awash in “pink” as over 800 Granite teammates donned pink attire, each triggering a $500 donation to BCRF. Raffles throughout the day added to the generosity, helping boost the single-day total in support of crucial cancer research funding.

“The Breast Cancer Research Foundation is the world’s leading private funder of breast cancer research, and its work is changing—and saving—lives every day,” said Rob Hale, CEO of Granite. “At Granite, we believe the best way to fight cancer is to fund the science that can stop it. Partnering with BCRF allows us to invest directly in research that gives patients and families hope for a future free from this disease.”

“We’re deeply grateful to Granite and its incredible team for their steadfast commitment to advancing breast cancer research,” said BCRF CEO Donna McKay. “Granite’s culture of giving back and the generosity of its employees fuel groundbreaking science that saves lives. Their leadership, compassion, and shared belief in a future without breast cancer continue to inspire us all.”

“I’m deeply grateful to Granite for giving voice to patients and our experiences,” said Sadia Zapp, breast cancer survivor and managing director of Communications and Content at BCRF. “Having the opportunity to be seen and heard is a critical part of highlighting the lifesaving impact of research.” 

The day-long event combined awareness and action, featuring an inspiring town hall with Granite and BCRF leaders, breast cancer survivors, education programming, raffles, pink-themed catering and mocktails from Sodexo, and a station where employees wrote postcards of encouragement for patients and researchers.

“Granite Gives Pink is more than a fundraiser — it is a reflection of who we are,” said Sana Sheikh, Chief People Officer at Granite. “Our teammates show up for one another, for our communities, and for causes that save lives. This event is a reminder that when we act together, compassion becomes impact — and impact becomes hope.”

Continuing a Legacy of Giving
“Granite Gives Pink” builds on the momentum of Granite’s signature “Saving by Shaving” fundraiser, which has raised $58.5 million over the past 12 years for pediatric cancer research and treatment. With the success of this new initiative, Granite expands its impact to another vital cause — funding research that could ultimately prevent and cure breast cancer.

Since its founding, Granite has donated more than $400 million to charitable causes, making philanthropy a cornerstone of its corporate culture. Granite has been consistently recognized as one of the most philanthropic companies in Massachusetts.

Photos and videos of the event are available to press organizations upon request.

About the Breast Cancer Research Foundation
Breast cancer is a complex disease with no simple solution. Research is the key to stopping it in its tracks. Founded in 1993 by Evelyn H. Lauder, the Breast Cancer Research Foundation is the largest private funder of breast cancer research in the world. By investing in the best minds in science to examine every aspect of the disease, from prevention to metastasis, and fostering cross-disciplinary collaboration, BCRF is accelerating the entire field and moving us closer to the answers we urgently need to end breast cancer. Learn more and get involved at BCRF.org.

About Granite
Granite delivers advanced communications and technology solutions to businesses and government agencies throughout the United States and Canada. The $1.8 billion company serves more than two-thirds of Fortune 100 companies and has 1.75 million voice and data lines under management, supporting more than 650,000 locations. Founded in 2002, Granite has become one of the largest competitive telecommunications carriers in the U.S. by simplifying the sourcing and management of voice, data, and cellular services with a single point of contact and consolidated invoicing for all locations nationwide. Today, Granite supports customers with a wide range of services, including access, UCaaS, mobile voice and data and MSP solutions for SD-WAN, monitoring and network management. Granite employs more than 2,220 people at its headquarters in Quincy, Massachusetts, and 10 regional offices nationwide. For more information, visit www.granitenet.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/granite-raises-500-000-for-breast-cancer-research-foundation-through-inaugural-granite-gives-pink-fundraiser-302597399.html

SOURCE Granite Telecommunications, LLC

Company plans to offer industry’s first “mind-off” L4 through
 integration of NVIDIA DRIVE AGX Thor in future midsize vehicles; aims to leverage NVIDIA’s Industrial platform to pioneer AI software-driven manufacturing excellence

News Summary

• 
  Lucid plans to deliver one of the world’s first consumer-owned Level 4 autonomous vehicles by integrating NVIDIA DRIVE AGX Thor into future midsize vehicles, enabling true “eyes-off, hands-off, mind-off” capabilities.
  
• 
  The company’s ADAS and autonomous roadmap, turbocharged by NVIDIA DRIVE AV, begins with eyes-on, point-to-point driving (L2++) for Lucid Gravity and the company’s upcoming midsize vehicles.
  
• 
  Lucid is also leveraging NVIDIA’s Industrial platform and Omniverse to optimize manufacturing, reduce costs, and accelerate delivery through intelligent robotics and digital twin technology.
  

WASHINGTON, Oct. 28, 2025 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced a landmark initiative that accelerates the path to full autonomy with NVIDIA technology. This collaboration with NVIDIA positions Lucid to deliver one of the world’s first privately owned passenger vehicles with Level 4 autonomous driving capabilities powered by the NVIDIA DRIVE AV platform, while also unlocking next-generation manufacturing efficiencies through NVIDIA’s Industrial AI platform. In addition, Lucid aims to deploy a unified AI factory to build smart factories and transform their enterprise leveraging NVIDIA Omniverse and NVIDIA AI Enterprise software libraries.

“Our vision is clear: to build the best vehicles on the market,” said Marc Winterhoff, Interim CEO of Lucid. “We’ve already set the benchmark in core EV attributes with proprietary technology that results in unmatched range, efficiency, space, performance, and handling. Now, we’re taking the next step by combining cutting-edge AI with Lucid’s engineering excellence to deliver the smartest and safest autonomous vehicles on the road. Partnering with NVIDIA, we’re proud to continue powering American innovation leadership in the global quest for autonomous mobility.” 

“As vehicles evolve into software-defined supercomputers on wheels, a new opportunity emerges — to reimagine mobility with intelligence at every turn,” said Jensen Huang, founder and CEO of NVIDIA. “Together with Lucid, we’re accelerating the future of autonomous, AI-powered transportation, built on NVIDIA’s full-stack automotive platform.”

Lucid’s journey toward autonomy began with its internally developed DreamDrive Pro system, the company’s first advanced driver assistance system, which launched on the groundbreaking Lucid Air in 2021 and has recently added hands free driving and hands-free lane change capabilities through an over-the-air software update. The new roadmap, turbocharged by NVIDIA DRIVE AV, begins with eyes-on, point-to-point driving (L2++) for Lucid Gravity and the company’s upcoming midsize vehicles and ultimately aims to be the first true eyes-off, hands-off, and mind-off (L4) consumer owned autonomous vehicle. To achieve L4, Lucid intends to leverage NVIDIA’s multi-sensor suite architecture, including cameras, radar, and lidar.  Lucid intends to integrate two NVIDIA DRIVE AGX Thor accelerated computers,  running on the safety-assessed NVIDIA DriveOS operating system,  into its upcoming midsize lineup. This next-generation AI computing platform, with its centralized architecture and redundant processors, will unify all automated driving functions, enabling a seamless evolution through the autonomy spectrum. 

The partnership will bring additional new automated driving features to Lucid Gravity, which continues to gain traction globally following its recent European debut. By integrating NVIDIA’s scalable software-defined architecture, Lucid will continue to ensure its vehicles remain at the forefront of innovation through continuous over-the-air software updates.

For consumers, it promises a future where luxury, performance, and autonomy converge, delivering a driving experience that’s not only exhilarating, but effortless.

Beyond the vehicle, Lucid is embracing a new era of Software-Driven Manufacturing. Leveraging NVIDIA’s Industrial platform, Lucid is implementing predictive analytics, intelligent robotics, and real-time process optimization to achieve manufacturing excellence. These innovations are planned to enable reconfigurable production lines, enhanced quality control, and help support scaling operations, all aimed at reducing costs and accelerating delivery. Through digital twins of both greenfield and brownfield factories, teams can collaboratively plan, simulate, and validate layouts faster. By modeling autonomous systems, Lucid can optimize robot path planning, improve safety, and shorten commissioning time.

Lucid’s partnership with NVIDIA marks a pivotal step in the evolution of intelligent manufacturing and electric mobility.

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.

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 Lucid’s expectations related to the timing, priorities, and focus areas of the strategic partnership, plans to achieve certain autonomous driving capabilities, and manufacturing developments. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid’s management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our 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. 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. These forward-looking statements should not be relied upon as representing Lucid’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact

media@lucidmotors.com

Trademarks

This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-intends-to-deliver-first-level-4-autonomous-evs-for-consumers-with-nvidia-302597281.html

SOURCE Lucid Group

Company plans to offer industry’s first “mind-off” L4 through
 integration of NVIDIA DRIVE AGX Thor in future midsize vehicles; aims to leverage NVIDIA’s Industrial platform to pioneer AI software-driven manufacturing excellence

News Summary

• 
  Lucid plans to deliver one of the world’s first consumer-owned Level 4 autonomous vehicles by integrating NVIDIA DRIVE AGX Thor into future midsize vehicles, enabling true “eyes-off, hands-off, mind-off” capabilities.
  
• 
  The company’s ADAS and autonomous roadmap, turbocharged by NVIDIA DRIVE AV, begins with eyes-on, point-to-point driving (L2++) for Lucid Gravity and the company’s upcoming midsize vehicles.
  
• 
  Lucid is also leveraging NVIDIA’s Industrial platform and Omniverse to optimize manufacturing, reduce costs, and accelerate delivery through intelligent robotics and digital twin technology.
  

WASHINGTON, Oct. 28, 2025 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced a landmark initiative that accelerates the path to full autonomy with NVIDIA technology. This collaboration with NVIDIA positions Lucid to deliver one of the world’s first privately owned passenger vehicles with Level 4 autonomous driving capabilities powered by the NVIDIA DRIVE AV platform, while also unlocking next-generation manufacturing efficiencies through NVIDIA’s Industrial AI platform. In addition, Lucid aims to deploy a unified AI factory to build smart factories and transform their enterprise leveraging NVIDIA Omniverse and NVIDIA AI Enterprise software libraries.

“Our vision is clear: to build the best vehicles on the market,” said Marc Winterhoff, Interim CEO of Lucid. “We’ve already set the benchmark in core EV attributes with proprietary technology that results in unmatched range, efficiency, space, performance, and handling. Now, we’re taking the next step by combining cutting-edge AI with Lucid’s engineering excellence to deliver the smartest and safest autonomous vehicles on the road. Partnering with NVIDIA, we’re proud to continue powering American innovation leadership in the global quest for autonomous mobility.” 

“As vehicles evolve into software-defined supercomputers on wheels, a new opportunity emerges — to reimagine mobility with intelligence at every turn,” said Jensen Huang, founder and CEO of NVIDIA. “Together with Lucid, we’re accelerating the future of autonomous, AI-powered transportation, built on NVIDIA’s full-stack automotive platform.”

Lucid’s journey toward autonomy began with its internally developed DreamDrive Pro system, the company’s first advanced driver assistance system, which launched on the groundbreaking Lucid Air in 2021 and has recently added hands free driving and hands-free lane change capabilities through an over-the-air software update. The new roadmap, turbocharged by NVIDIA DRIVE AV, begins with eyes-on, point-to-point driving (L2++) for Lucid Gravity and the company’s upcoming midsize vehicles and ultimately aims to be the first true eyes-off, hands-off, and mind-off (L4) consumer owned autonomous vehicle. To achieve L4, Lucid intends to leverage NVIDIA’s multi-sensor suite architecture, including cameras, radar, and lidar.  Lucid intends to integrate two NVIDIA DRIVE AGX Thor accelerated computers,  running on the safety-assessed NVIDIA DriveOS operating system,  into its upcoming midsize lineup. This next-generation AI computing platform, with its centralized architecture and redundant processors, will unify all automated driving functions, enabling a seamless evolution through the autonomy spectrum. 

The partnership will bring additional new automated driving features to Lucid Gravity, which continues to gain traction globally following its recent European debut. By integrating NVIDIA’s scalable software-defined architecture, Lucid will continue to ensure its vehicles remain at the forefront of innovation through continuous over-the-air software updates.

For consumers, it promises a future where luxury, performance, and autonomy converge, delivering a driving experience that’s not only exhilarating, but effortless.

Beyond the vehicle, Lucid is embracing a new era of Software-Driven Manufacturing. Leveraging NVIDIA’s Industrial platform, Lucid is implementing predictive analytics, intelligent robotics, and real-time process optimization to achieve manufacturing excellence. These innovations are planned to enable reconfigurable production lines, enhanced quality control, and help support scaling operations, all aimed at reducing costs and accelerating delivery. Through digital twins of both greenfield and brownfield factories, teams can collaboratively plan, simulate, and validate layouts faster. By modeling autonomous systems, Lucid can optimize robot path planning, improve safety, and shorten commissioning time.

Lucid’s partnership with NVIDIA marks a pivotal step in the evolution of intelligent manufacturing and electric mobility.

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.

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 Lucid’s expectations related to the timing, priorities, and focus areas of the strategic partnership, plans to achieve certain autonomous driving capabilities, and manufacturing developments. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid’s management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our 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. 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. These forward-looking statements should not be relied upon as representing Lucid’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact

media@lucidmotors.com

Trademarks

This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-intends-to-deliver-first-level-4-autonomous-evs-for-consumers-with-nvidia-302597281.html

SOURCE Lucid Group

Seasoned policy strategist and aging advocate to lead launch of new advocacy organization focused on strengthening economic well-being and opportunity for older Coloradoans

DENVER, Oct. 28, 2025 /PRNewswire/ — Leverage, a new independent, nonpartisan advocacy organization dedicated to making aging more affordable, today announced the appointment of Jarett Hughes as its inaugural president and chief executive officer. Backed by a $3 million startup investment from Next50 Foundation, Leverage will work with policymakers, community leaders, and stakeholders to advance research-driven, coalition-based solutions that strengthen economic well-being, expand access to opportunity, and ensure Coloradans can work, live, and thrive as they age.

“It’s too expensive to age in Colorado—and that needs to change,” said Peter Kaldes, president and CEO of Next50. “We created Leverage to make aging more affordable and to give us all a powerful voice in shaping the policies that affect us as we age. With Colorado’s population aging rapidly and affordability challenges mounting, Leverage provides focused, muscular advocacy to make aging more affordable and ensuring more people can work, live, and thrive as they age.”

Before joining as Leverage’s inaugural president and CEO, Hughes served as director of policy and research for Governor Jared Polis, where he led a team of over 15 staff across the Governor’s and Lieutenant Governor’s offices. Since joining the administration in 2020, Hughes has helped shape Colorado’s approach to an aging population while playing a critical role in statewide initiatives around the COVID-19 emergency response, vaccine rollout, healthcare workforce development, behavioral health, and housing investments through the American Rescue Plan Act.

“Jarett’s service to the State of Colorado will continue to be felt and we have no doubt he will continue this important work in his new role. Colorado is proud to be one of the best states in the country for older Coloradans, and we expect that to get even better with Jarett’s leadership,” said Governor Jared Polis.

Prior to his tenure in the Governor’s Office, Jarett served as project administrator for Colorado’s Strategic Action Planning Group on Aging, where he supported the development and implementation of statewide aging strategies. He has also taught as adjunct faculty at Colorado Mesa University/Western Colorado Community College, introducing students to demography and gerontology.

“Jarett’s blend of policy expertise, deep understanding of aging populations, and political acumen makes him exactly the kind of leader Colorado needs right now,” said Sydney Byer, board chair of Leverage. “His ability to bridge research, community, and policy will ensure Leverage becomes a driving force in making aging more affordable and equitable for all Coloradans.”

Hughes holds a master’s in gerontology from the University of Northern Colorado and bachelor’s degrees in political science and sociology from Appalachian State University. He was named a Denver Business Journal 40 Under 40 honoree in 2024, currently serves on the Aurora Public Library Board, and previously sat on the National Governors Association Health Policy Advisory Board.

“It is a dream come true to lead Leverage in its inaugural steps and establish Colorado as a leader in this vital area,” said Hughes. “As our population continues to age, Leverage will advocate for practical policies that ensure opportunity and make aging more affordable for Coloradans.” 

Policymakers and partners interested in collaborating on bipartisan, practical solutions are encouraged to connect with Leverage. For more information about Leverage, visit leverageco.org.

About Leverage
Leverage is an independent, nonpartisan advocacy organization dedicated to making aging more affordable in Colorado. Founded with startup investment from Next50 Foundation, Leverage works to advance policies that strengthen economic well-being, expand access to opportunity, and ensure that all Coloradans can work, live, and thrive as they age. Through research, coalition building, and advocacy, Leverage aims to fill the gap between growing financial need and limited policy attention—turning demographic change into a force for economic and social progress. For more information about Leverage, visit leverageco.org.

About Next50

Next50 is a Colorado-based national foundation that works towards building a society that values aging through grant-making and impact investing. To learn more, visit 
www.Next50foundation.org
.

Contact:


Maura O’Neal,

moneal@gfmcentertable.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/leverage-announces-jarett-hughes-as-inaugural-president-and-chief-executive-officer-302597247.html

SOURCE Leverage

• Includes $5 million in new grants to nonprofits building stronger communities statewide and announces recipients of the $3 million LA Wildfire Recovery Fund

LOS ANGELES, Oct. 28, 2025 /PRNewswire/ – BMO today announced an $8 million commitment to non-profit organizations across California, including $5 million in new grants to non-profit organizations across the state. The new grants are in addition to the $3 million LA Wildfire Recovery Fund pledged in January 2025, for which BMO is now announcing 32 grant recipients supporting recovery from the devastating fires.  

Investing in California’s Future

The new $5 million commitment in grants represents ongoing funding over the coming years to organizations that support a thriving economy, stronger communities, and sustainable future. The grant recipients are:

• Homeboy Industries ($2 million grant) – A globally recognized nonprofit providing gang intervention, rehabilitation, and re-entry services in the Los Angeles area for over 35 years. BMO’s grant will support core operations and the development of the Hope Village campus, which will offer housing, mental health care, and other critical services to formerly incarcerated and unhoused community members.
• GRID Alternatives ($2 million grant) – An Oakland-based national organization that builds community-powered solutions through renewable energy. BMO’s grant will help expand access to solar energy in California communities, providing service to a projected 40,000 people and creating opportunities for 1,000 job seekers.
• Glide Foundation ($1 million grant) – A San Francisco-based nonprofit focused on supporting individuals experiencing poverty, housing insecurity, and crisis. BMO’s grant will help launch the Transitional Age Youth Workforce Development Program, which will offer services ranging from street-level support to structured classes and group activities.

“These donations reflect BMO’s deep commitment to driving progress for our communities, clients, and colleagues,” said Darrel Hackett, CEO, BMO U.S. “Each of these organizations is doing transformative work to uplift Californians, and we’re proud to be able to make a significant and ongoing contribution to ensure that they have the funding they need to accomplish their goals.”

“We’re deeply grateful for BMO’s ongoing partnership and belief in our mission,” said Homeboy Industries Co-CEOs Shirley Torres and Steve Delgado. “Their generosity helps sustain our daily work of hope, healing, and transformation – and propels us forward as we build Hope Village, a place where individuals and families can continue to find belonging and possibility.”

“BMO’s partnership is making major positive impacts possible — together, we’re helping families maintain their home’s affordability, reducing the burden of increasing electricity rates, so they can use those savings for other living expenses like groceries, medical bills, or transportation,” said Erica Mackie, Co-Founder and Co-CEO of GRID Alternatives. “GRID also provides paid, hands-on training so job seekers gain the necessary experience to step into renewable energy careers. BMO’s support enables GRID to unlock renewable energy projects and ensures access for underserved Northern California communities and families.”

“This generous grant in support of GLIDE’s Transitional Age Youth Workforce Readiness program will mean the world to young adults facing barriers to employment,” said Dr. Gina Fromer, President & CEO, Glide Foundation. “Thank you to BMO for their incredible partnership, and for believing in the potential of our young clients. Together, we’ll help them build the skills, confidence, and credentials they need to shine.” 

Rebuilding After the Fires: $3 Million in Recovery Grants

BMO today also announced the 32 grant recipients of the $3 million LA Wildfire Recovery Fund pledged in January 2025. These funds will be distributed to non-profit organizations that help individuals and families, with a focus on small business and homeowners, and to groups that are restoring and rebuilding vital community spaces and infrastructure that were impacted by the fires, with a focus on cleanup, safety, and essential needs.

BMO took a different approach to its wildfire relief efforts, embarking on a months-long process to engage with the communities most affected and listen for where the greatest needs are, to deliver support that is both intentional and impactful.

“The way that organizations and individuals across Southern California have continued to rally together in recovery efforts is a true testament to the resilience of our community,” said Joe Nagy, President, Altadena Community Garden. “We are thankful for BMO’s continued support of our mission, and particularly for their commitment to our ongoing efforts to help our neighbors.”

The bank will also encourage additional giving by its employees and organize volunteer events to further support recovery efforts.  

Building on BMO’s Legacy of Community Investment

These latest grants build on BMO’s ongoing philanthropic efforts in California. Following the acquisition of Bank of the West in 2023, BMO made a $50 million philanthropic commitment to California and has been working with nonprofits across the state to deliver on that promise. As of August 2025, BMO has disbursed more than $27 million in grants to date to nonprofit organizations across the state.

“When BMO acquired Bank of the West, we inherited more than a footprint; we inherited a legacy of community connection across California and a team of employees who are committed to giving back,” Hackett said. “We take seriously our responsibility to invest in California’s future and to show up when our communities need us.”

BMO Gives. Good grows here.  

Helping communities thrive by supporting the organizations that sustain them and encouraging employee giving and volunteerism is at the heart of BMO’s Purpose, to Boldly Grow the Good in business and life.  

In 2024, we directed more than $80 million to drive progress for communities, which included $74.3 (USD) million in philanthropic contributions to hundreds of charities and nonprofit organizations across North America.  

Our colleagues spent over 54,000 hours volunteering in the community and contributed more than $28.7 (USD) million of donations through employee-driven giving in our annual campaigns. 

For more information, please visit BMO.com.

About BMO Financial Group 
BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of July 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society. 

View original content:https://www.prnewswire.com/news-releases/bmo-gives-8-million-to-support-california-communities-and-la-wildfire-recovery-302597149.html

SOURCE BMO US

ATLANTA, Oct. 28, 2025 /PRNewswire/ — Novelis Inc. will report its earnings for the second quarter of fiscal year 2026 on Tuesday, November 4, 2025. Following the release, Steve Fisher, President and Chief Executive Officer, and Dev Ahuja, Chief Financial Officer, will discuss the results via a live conference call for investors at 7:00 a.m. EST/5:30 p.m. IST the same day. The conference call will also be webcast live via the Novelis website, with presentation materials available online at https://investors.novelis.com/.

The webcast can be accessed at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=44IHuBXE 

To participate by telephone, participants are requested to register at: https://services.incommconferencing.com/DiamondPassRegistration/register?confirmationNumber=13756524&linkSecurityString=1e5f9c98a4 

Upon registering you will receive the dial-in info and a unique PIN to join the call as well as an email confirmation with the details.

Following the meeting, the webcast will be available for replay at https://investors.novelis.com/. 

About Novelis

Novelis Inc. is driven by its purpose of shaping a sustainable world together. We are a global leader in the production of innovative aluminum products and solutions and the world’s largest recycler of aluminum. Our ambition is to be the leading provider of low-carbon, sustainable aluminum solutions and to achieve a fully circular economy by partnering with our suppliers, as well as our customers in the aerospace, automotive, beverage can and specialties industries throughout North America, Europe, Asia and South America. Novelis had net sales of $17.1 billion in fiscal year 2025. Novelis is a subsidiary of Hindalco Industries Limited, an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai. For more information, visit novelis.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/novelis-to-host-second-quarter-fiscal-year-2026-earnings-conference-call-on-november-4-302597079.html

SOURCE Novelis Inc.

WASHINGTON, Oct. 28, 2025 /PRNewswire/ — The Center for Disaster Philanthropy (CDP), a nonprofit organization that mobilizes philanthropy to support recovery from disasters, today announced it has received a $60 million gift from MacKenzie Scott and her organization, Yield Giving. This is the largest grant the organization has received in its history and the third gift to CDP from Mackenzie Scott and Yield Giving.

“We are deeply honored and grateful to MacKenzie Scott and Yield Giving for this transformative investment in CDP’s mission to mobilize philanthropy to strengthen the ability of communities to withstand and equitably recover from disasters,” said Patricia McIlreavy, president and CEO of CDP. “Every community deserves the chance to thrive, even amid crises. This gift will help us further catalyze philanthropy toward long-term recovery that is led by and responsive to local communities.”

In her latest essay, MacKenzie Scott summarizes a prophecy written by Hopi elders in 2000 that “encourages us to recognize and celebrate our role as active participants in the co-creation of our communities.” Grassroots efforts worldwide are leading the way in building and strengthening community resilience. However, the scale and frequency of natural hazards and humanitarian emergencies are increasing, and climate change continues to exacerbate existing economic, societal and political pressures at a time when funding for aid is being withdrawn.

This gift furthers CDP’s work to move philanthropic systems, resources and structures in support of improving disaster preparedness, addressing the root causes of vulnerabilities to hazards and providing vital resources for the long-term recovery of disaster-affected communities.

In 2020, CDP received $10 million from MacKenzie Scott and Yield Giving for its COVID-19 Response Fund, and another $3 million in 2022 for its Ukraine Humanitarian Crisis Recovery Fund.

About the Center for Disaster Philanthropy

CDP mobilizes philanthropy to strengthen communities’ ability to withstand disasters and recover equitably when they occur. It provides expert advice and educational resources, supports diverse coalitions and manages domestic and international disaster funds on behalf of corporations, foundations and individuals through targeted, holistic and localized grantmaking. Find out more at disasterphilanthropy.org and on X and LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/center-for-disaster-philanthropy-receives-transformative-60-million-gift-from-mackenzie-scott-302596985.html

SOURCE Center for Disaster Philanthropy