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BOLLINGER MOTORS PARTNERS WITH NATIONAL AUTO FLEET GROUP FOR GOVERNMENT FLEET VEHICLE SALES

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Bollinger B4 Class 4 Electric Trucks Provide Electrification Solution Through NAFG Sourcewell Contract Agreement

OAK PARK, Mich., Nov. 15, 2024 /PRNewswire/ — Bollinger Motors, Inc., a commercial electric vehicle (“EV”) manufacturer, today announced it has partnered with National Auto Fleet Group (NAFG) to sell its all-electric Class 4 Bollinger B4 commercial trucks to government agencies through NAFG’s Sourcewell-awarded contract #032824-NAF.

“Bollinger Motors is excited to work with National Auto Fleet Group to bring the Bollinger B4 to one of our most important customer groups, government entities at all levels,” said Jim Connelly, chief revenue officer of Bollinger Motors. “Government agencies and municipalities are often early adopters for electrification and electric vehicle fleets. We look forward to partnering with NAFG, and their history of bringing innovative products and solutions to this important segment.”

The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input. The vehicle has a range of 185 miles and a payload of 7,394 lbs. Bollinger’s unique chassis design protects the 158-kwh battery pack and components to offer unparalleled capability, performance and safety in the commercial market. The Bollinger B4 is an excellent fit for commercial and government/municipal fleets looking for a world-class truck, capable of performing a variety of job functions.

“At National Auto Fleet Group, we take pride in helping municipalities find and manage their fleet vehicles,” said Ben Rodriguez, HD Manager of National Auto Fleet Group. “The Bollinger B4 is an excellent addition to our vehicle portfolio and will help fill a key product need for multiple government organizations developing electrification strategies.”

Sourcewell is a self-sustaining government organization, with more than 40 years of dedicated service helping government, education, and nonprofit agencies operate more efficiently through a variety of solutions. NAFG is a vehicle vendor catering to government agencies and municipalities across the country. The agreement with NAFG provides Bollinger Motors a conduit to winning more government contracts.

Bollinger Motors has passed numerous milestones in the past several months, including:

Its production launch on Sept. 16;Regulatory achievements including FMVSS compliance, receiving the Certificate of Conformity from the Environmental Protection Agency, and CARB certification;A 145-vehicle agreement with Momentum Group;A 70-vehicle agreement with Doering Fleet Management;A 50-vehicle agreement with EnviroCharge;The addition of Anderson Motors, TEC Equipment, Affinity Truck Center, Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group as dealers and service centers;Working with Our Next Energy in Novi, Michigan, to supply battery packs;Providing a full warranty coverage of the B4 chassis cab; and,Announcing Syncron as its warranty administration partner and Amerit Fleet Solutions as its mobile service provider.

ABOUT BOLLINGER MOTORS

Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Mich. Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6. In September of 2022, Bollinger Motors became a majority owned company of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more at www.BollingerMotors.com and www.MullenUSA.com.

FORWARD-LOOKING STATEMENT

Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include: (a) Bollinger Motors’ continued partnership with NAFG and NAFG’s ability to sell Bollinger Motors vehicles; (b) Bollinger Motors’ ability to finalize a sales agreement with Momentum Group, Doering Fleet Management, and EnviroCharge and deliver purchased vehicles on schedule; (c) Bollinger Motors’ continued partnership with Nacarato Truck Centers, TEC Equipment, Affinity Truck Center, Nuss Truck & Equipment, and LaFontaine Automotive Group; (d) Bollinger Motors’ continued partnership with Our Next Energy as a battery supplier; (e) Bollinger Motors’ continued relationship with Syncron as its warranty administration provider; and (f) Bollinger Motors’ continued relationship with Amerit Fleet Solutions as its mobile service provider.

Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Motors’ ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Motors’ ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Motors’ ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Motors’ ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Motors’ business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Motors’ business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Motors’ business; (x) Bollinger Motors’ ability to protect its intellectual property; (xi) the vehicles developed will perform as expected and (xii) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Mullen Automotive, Inc., of which Bollinger Motors is a partially owned subsidiary, with the Securities and Exchange Commission. Bollinger Motors anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Bollinger Motors assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether because of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Motors’ plans and expectations as of any subsequent date.

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SOURCE Bollinger Motors

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Xthings Empowers Subsidiary U-tec with Strategic Upgrade and Brand Revamp, Ushering in a New Era of Smart IoT

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UNION CITY, Calif., Nov. 15, 2024 /PRNewswire/ — Xthings, a global leader in IoT solutions, has announced a comprehensive brand revamp and strategic upgrades for its subsidiary U-tec. This initiative aims to solidify its leadership in the smart IoT market by enhancing brand positioning, product competitiveness, and promoting innovations in smart electronic technologies.

Strategic Upgrade 

As U-tec’s parent company, Xthings will provide extensive support to elevate U-tec’s product and service offerings. This strategy encompasses:

Data-Driven Product Optimization: Utilizing Xthings’ advanced data analytics capabilities, U-tec will gain deeper insights into consumer needs, driving superior product performance and functionality.New Product Launches: U-tec will introduce an expanded range of smart devices, including locks, doorbells, cameras, control systems, and personal electronic products, all powered by the Xthings IoT platform.Enhanced Compatibility through Connectivity Standards Alliance (CSA) Collaboration: By adopting the Matter standard, Xthings ensures its products are seamlessly compatible with leading platforms such as U home, Apple Home, Google Home, Amazon Alexa, and SmartThings, thereby enhancing user experiences.

Brand Revamp 

Since its inception, U-tec has earned market recognition for its innovative smart home solutions, including smart locks, cameras, and lighting control systems. With Xthings’ support, the brand revamp will include:

Brand Image Refresh: A modernized logo and visual identity that reflect innovation and leadership in smart home and consumer electronics industry.Revised Brand Positioning: A renewed focus on providing smarter, safer, and more convenient home solutions while expanding its personal electronic consumer products.Enhanced Market Promotion: Through Xthings’ support, U-tec will bolster brand visibility and market penetration via multi-channel marketing initiatives.

Market Outlook 

This revamp and strategic upgrade underscore a deep synergy between technology and branding for Xthings and U-tec, reflecting the immense growth potential in the smart home market. Market projections indicate rapid expansion, with the global market size expected to reach $250 billion by 2028.

Matthew Brown, Xthings’ Chief Strategy Officer, remarked, “We are excited to support U-tec’s brand transformation and strategic evolution. This initiative showcases our technological expertise and shared vision, as we remain committed to delivering smarter, better user experiences.”

About U-tec Group Inc.

U-tec Group Inc. is a leader in smart home innovation, known for its superior product design and user experiences. Its portfolio includes smart lighting, security, and personal accessories, beloved by consumers worldwide.

About Xthings Inc. 

Xthings Inc. has driven advancements in IoT technology since its founding. With a track record of innovation in smart security, Xthings aims to improve quality of life, accelerate AIoT industry growth, and promote the intelligent transformation of society.

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SOURCE Xthings

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Gaudio Lab Secures CES Innovation Award for Third Consecutive Year: “AI Audio Technology Capturing the World’s Attention”

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SEOUL, South Korea, Nov. 15, 2024 /PRNewswire/ — Gaudio Lab, a leader in AI audio technology, has won the CES 2025 Innovation Award with its comprehensive audio solution, “Gaudio Music Placement,” designed to address challenges in video content production and distribution. With this accolade, Gaudio Lab has marked its third consecutive year of CES Innovation Award wins, bringing its total to four awarded products over this period, further proving its position at the forefront of AI audio technology on the global stage.

Gaudio Music Placement: Revolutionizing Video Content Production

The award-winning “Gaudio Music Placement” offers a comprehensive solution that addresses various challenges in video content production and distribution. By simply uploading a video, the AI engine efficiently handles tasks such as background music selection and placement, music replacement, dubbing, subtitles, sound effects, noise reduction, and dialogue isolation – significantly reducing the time needed for these labor-intensive processes. Currently, an early version with select features, “Gaudio Music Replacement,” is commercially available, with the complete version set for release in the first half of next year.

A Solution to Copyright Challenges in Global Contents Distribution

Gaudio Music Replacement tackles the prevalent background music copyright issues that arise in video content distribution. Traditionally, resolving this required manual replacement of background music, but Gaudio’s AI quickly replaces original music with high-quality, copyright-free options that closely match the original, thus greatly accelerating the workflow. The solution leverages world-class audio separation technology to isolate and enhance dialogue, provides automated foreign language dubbing, and simplifies the application of various sound effects. Leading broadcasters in Korea have already adopted this solution, and discussions are underway with broadcasters in Japan.

Gaudio Lab’s CEO, Henney Oh, expressed his enthusiasm, stating, “We are thrilled to receive the CES Innovation Award for three consecutive years, affirming our AI audio technology as world-class. As global demand for cross-border content continues to grow, we will keep refining our products to enable fast and easy access to content distribution worldwide.”

Gaudio Lab at CES 2025

Gaudio Lab will showcase its award-winning and other AI audio products at CES 2025 in Las Vegas this January. During CES 2024, Microsoft CEO Satya Nadella visited Gaudio Lab’s booth, garnering significant attention. At CES 2025, Gaudio Lab will host a booth in the Global Pavilion, exhibiting a range of innovative AI audio solutions.

[About Gaudio Lab]

Gaudio Lab is a leading AI audio technology start-up that was founded in 2015 following the company’s spatial audio technology for headphones was adopted as the binaural renderer for the ISO/IEC MPEG-H Audio standard in 2014. Ever since its establishment, the company has worked to develop technologies to deliver superior audio experiences wherever there is sound, gaining the attention and support from top global strategic investors such as SBVA, Samsung Venture Investment and Naver Corp. Across and between reality and virtual reality, Gaudio Lab’s solutions will continue to provide optimized audio on a diverse range of platforms such as earbuds, smartphones, VOD, VR/AR, theaters, automotives and more. Gaudio Lab secured three consecutive CES Innovation Awards (2025/2024/2023, 4 products), finalist nominated for the SXSW Innovation Award 2024, adopted the ANSI/CTA international standard (2022), and obtained recognition through the adoption of the ISO/IEC MPEG-H international standard (2018, 2013). The company was also honored with the VR Awards for the Best VR Innovation Company in London (2017).

 

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Intelligent.com Survey Finds 1 in 5 Managers Have Considered Quitting Due to Stress of Overseeing Gen Z Employees

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Managers report stress, increased workload, and challenges adapting to the expectations of younger workers

SEATTLE, Nov. 15, 2024 /PRNewswire-PRWeb/ — Intelligent.com, a platform dedicated to helping young professionals navigate the future of work, has released new findings on the challenges managers face overseeing Generation Z employees. In a survey conducted in October 2024, 1,000 U.S. managers shared their experiences, revealing high levels of stress and frustration with the newest workforce cohort.

“Managers may need to adjust their approach, acting more as coaches than traditional supervisors to better support and guide younger workers.”

Among key findings, 18% of managers report they have considered quitting due to the strain of managing Gen Z workers.

The survey highlights specific challenges in managing Gen Z employees, including excessive phone use, poor work ethic, and communication issues that impact team cohesion and productivity. Over half of the managers surveyed report increased workload and the need for additional resources to manage Gen Z employees, with many saying these workers require more guidance and attention than previous generations.

The survey found that 51% of managers experience frustration and 44% feel stress in managing Gen Z employees, with issues like workload increase (27%) and productivity declines (20%) among their top concerns. Additionally, 20% feel overwhelmed and 16% report burnout due to the demands of managing this group.

“Part of the frustration comes from a misalignment in expectations,” says Huy Nguyen, Intelligent.com’s chief education and career development advisor. “Gen Z employees often bring strong technical skills but may lack the soft skills that develop through hands-on experience, which many missed out on during the pandemic. Managers may need to adjust their approach, acting more as coaches than traditional supervisors to better support and guide younger workers.”

The majority of managers (65%) have adjusted their management style to better accommodate Gen Z employees. This includes providing more frequent feedback (44%), micromanaging (38%), and allowing more time for tasks (32%). Three-quarters of managers feel that Gen Z requires more time and resources to manage effectively compared to older generations, with 54% having experienced inappropriate communication from Gen Z employees.

Over half of managers (52%) report that Gen Z employees create tension with older generations, primarily due to differences in workplace attitudes, communication styles, and priorities. Additionally, 54% of managers say Gen Z work habits lower team productivity.

Given these challenges, 50% of managers have fired a Gen Z employee, and 27% would avoid hiring Gen Z if possible. Despite this, managers cite filling junior roles, cost-effectiveness, and concerns over ageism as reasons to continue hiring Gen Z.

This online poll was commissioned by Intelligent.com and conducted on Pollfish in October 2024. A total of 1,000 U.S. managers completed the survey. Demographic criteria and screening questions were used to ensure qualified respondents. To view the complete report, please visit: https://www.intelligent.com/1-in-5-managers-have-considered-quitting-due-to-stress-of-overseeing-gen-z-employees/

ABOUT INTELLIGENT.COM
Intelligent.com stands at the forefront of innovation, empowering young professionals to navigate the rapid technological advancements shaping our world and the future of work. The platform is dedicated to unlocking each individual’s unique potential, guiding them toward achieving their career ambitions, and maximizing their financial prospects. To learn more, please visit https://www.intelligent.com/.

Media Contact
Hannah Hayes, Intelligent.com, 0000000, hannah@intelligent.com

View original content:https://www.prweb.com/releases/intelligentcom-survey-finds-1-in-5-managers-have-considered-quitting-due-to-stress-of-overseeing-gen-z-employees-302306725.html

SOURCE Intelligent.com

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