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A Resounding Success: The Wolf Electric Truck Test Drive Wows

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IRVINE, Calif., July 31, 2023 /PRNewswire/ — Alpha Motor Corporation (Alpha), a leading innovator in the electric vehicle (EV) industry, proudly presents the world premiere of its groundbreaking Wolf electric truck driving prototype. This innovative vehicle represents a significant milestone in Alpha’s commitment to providing sustainable and accessible electric mobility solutions to consumers worldwide.

 

Accelerating Towards Mass Production:

Alpha’s highly anticipated test drive event for the Wolf electric truck proved to be an overwhelming success, leaving attendees in awe of the vehicle’s exceptional performance, and driving experience. Held at a picturesque location in California, the event highlighted the prowess of the Wolf electric truck, solidifying its position as a game-changer in the electric vehicle industry.

The success of the Wolf electric truck test drive event is a resounding confirmation that Alpha has confidence in its strides toward production development. The test drive reaffirmed that Alpha is aligned to deliver an exceptional electric vehicle. Building upon this momentum, Alpha is expediting its efforts to produce more test vehicles, accelerating the pursuit of mass production.

In every step, Alpha is committed to efficiently navigating the production process, ensuring that the Wolf electric truck becomes available for customers worldwide, and propelling the world towards a sustainable and electrifying future.

Exceptional Driving Experience:

During the test drive, participants witnessed firsthand the unmatched driving capabilities of the Wolf electric truck. From the moment they took the wheel, it became evident that this electric truck was designed to deliver more than just efficient transportation—it provided an exhilarating and seamless ride.

The precision-engineered electric powertrain of the Wolf truck exhibited remarkable acceleration, delivering instant torque and swift response to driver inputs.

Cruising through cities or venturing off-road, the Wolf impressed the drivers with its versatility and agility alongside smooth handling and stability.

Intuitive Design and Comfort:

Beyond its performance, the Wolf electric truck’s interior captivated test drivers with its cabin comfort features and thoughtful details. The spacious cabin, designed to accommodate up to two passengers, ensured ample legroom and headspace for an enjoyable ride. Ergonomic controls and an intuitive infotainment system also provided a seamless and user-friendly experience inside the Wolf.

Safety is paramount at Alpha, and the Wolf electric truck is projected to satisfy expectations in this category. The Wolf truck is planned to be equipped with advanced safety features and innovative driver-assistance technologies to instill confidence in drivers. Created to inspire trust equally through busy traffic and challenging terrains, the Wolf provides a sense of security and joy in every ride.

Sleek and Powerful Operation:

The Wolf electric truck’s powerfully sleek operation was one of its most notable qualities. The absence of typical engine noise astounded the participants and added to the peacefulness and tranquility of the drive. The electric powertrain’s steady propulsion makes the Wolf perfect for both long distance and urban commutes, with the strikingly peaceful driving experience.

Engineering Excellence:

The Wolf electric truck is a result of Alpha’s relentless dedication to engineering excellence and innovation. The prototype boasts a robust and utilitarian design, combining a sturdy body-on-frame construction with lightweight materials for enhanced efficiency and durability. Alpha’s team of skilled engineers are in continuous development of the Wolf truck to equip the vehicle with optimal performance and safety standards.

Vehicle Specifications:

The Wolf electric truck exudes a commanding presence within a compact package: 4828mm (190in) long, 1900mm (75in) wide, and 1768mm (69in) tall. Catering to the diverse needs of modern drivers, the Wolf truck features a spacious and comfortable interior, accommodating two passengers in the base model and up to five passengers in the Superwolf truck. The Wolf truck was created for both personal and commercial use. Equipped with a cutting-edge electric powertrain performing remarkable acceleration and towing capabilities, the Wolf truck is a fun-to-drive electric vehicle that comes ready to take on everyday adventures.

Performance Specifications:

Alpha’s engineering shines in the Wolf electric truck, incorporating a multitude of benefits to ensure that the vehicle’s exhilarating performance results in an incredibly enjoyable ride. The Wolf truck’s state-of-the-art electric drivetrain provides exceptional performance figures. Estimated top speed of 125 mph and a range target of up to 300+ miles on a single charge, it ensures a seamless and long-lasting driving experience. Additionally, the electric truck incorporates fast-charging technology, allowing users to recharge the battery quickly and efficiently.

Beyond the independent suspension system and integration of shock absorbers, the Wolf’s low center of gravity, achieved through skillful battery placement, enhances its handling and responsiveness, making every turn a thrilling experience. The instant torque delivery of the electric powertrain ensures swift acceleration, allowing the Wolf to effortlessly surge forward, delivering a sense of power and excitement to the drivers. Moreover, the regenerative braking system not only maximizes energy efficiency but also delivers a smooth and controlled deceleration.

Additionally, the thoughtful cabin insulation minimizes external noise, creating a serene and whisper-quiet atmosphere inside the vehicle for the comfort of all passengers. From the engineering drawing board to real-world performance, the Wolf electric truck fuses innovative technology and passionate engineering, delivering an electric vehicle experience that is as fun as it is thrilling. Whether it’s an urban drive or a rugged off-road adventure, the Wolf electric truck brings excitement to sustainability through its effortless driving experience, , setting a new standard for the future of electric mobility.

Efficient Production Plan:

Alpha is committed to manufacturing in the US and expediting the production process of the Wolf electric truck to meet the ever-growing demand for sustainable transportation. The company’s highly streamlined production plan and strategic partnerships with leading suppliers ensure a swift and efficient assembly process, reducing waiting times for customers eager to own the Wolf truck.

Alpha’s commitment to efficient car manufacturing is founded on several key pillars that streamline the production process. Firstly, the company employs state-of-the-art automation and robotics at various stages of assembly, optimizing precision and reducing production time.

Secondly, Alpha has established strategic partnerships with leading suppliers for a seamless and timely supply chain, minimizing delays and disruptions.

Thirdly, a modular approach to vehicle design enables easy integration of standardized components, simplifying production and reducing complexities. Additionally, Alpha emphasizes continuous process optimization, leveraging data-driven insights to identify bottlenecks and implement refinements for enhanced efficiency.

Lastly, a highly skilled and experienced workforce collaborates seamlessly to maintain the highest quality standards and ensure that each vehicle undergoes rigorous testing. By combining these elements, Alpha will be poised to efficiently manufacture cars, enabling the company to deliver innovative electric vehicles to the market with speed and precision, meeting the growing demand for sustainable mobility.

Market Accessibility:

Alpha believes in the democratization of electric vehicles, and the Wolf electric truck is no exception. With an affordable price point and various financing options, Alpha aims to make EV ownership accessible to a broader audience. The company’s dedication to accessibility is driven by its vision of creating a sustainable future for all, one electric vehicle at a time.

Alpha’s commitment to efficiently managing its capital expenditure (capex) is rooted in its differentiated operations, which go beyond the traditional automotive value chain. By leveraging innovative manufacturing techniques, strategic partnerships, and modular vehicle design, Alpha optimizes production costs while maintaining high-quality standards. The company’s emphasis on automation and streamlined processes ensures cost-effective assembly, minimizing unnecessary expenses.

Furthermore, Alpha’s direct-to-consumer sales model eliminates the need for intermediaries, allowing the company to offer competitive pricing and enhance market accessibility. This customer-centric approach gathers valuable insights directly from buyers, allowing Alpha to swiftly improve production and market demand alignment.

Embracing a dynamic and adaptable business model that emphasizes efficiency and accessibility, Alphas will continue to expand its market reach, making electric vehicles more attainable and appealing to a broader audience.

Sales Strategy and Timeline:

Alpha plans to continue accepting pre-orders for the Wolf electric truck following its world premiere. Customers can join the waitlist for their Wolf truck through Alpha’s official website. The company plans to roll out a comprehensive online platform which will simplify the ordering process and revolutionize the car buying experience.

Alphas will adopt a direct-to-consumer sales model to offer its electric vehicles in North America. Through its user-friendly website, customers can easily browse Alpha’s electric vehicle lineup, access transparent pricing and financing options, and configure their vehicles according to their preferences. The website will facilitate a seamless and hassle-free online ordering process, allowing customers to place pre-orders for their desired electric vehicle models.

Additionally, Alphas plans to establish its own branded showrooms in key locations across North America, inviting potential buyers to experience the Wolf electric truck and other models firsthand. This direct sales approach empowers Alpha to build stronger relationships with its customers, understand their needs better, and offer personalized support, ensuring a delightful and engaging purchasing journey from start to finish.

Target Market:

Over the years of its operation, Alphas has meticulously conducted consumer research to understand the evolving landscape of the electric vehicle market. This investment to connect with customer needs has subsequently validated a strong demand for the Wolf electric truck, which has surged to over 11,000 preorder indications to date.

The Wolf’s design, blending modern aesthetics with practicality, resonates deeply with electric vehicle buyers, making it a standout choice in the market. Alphas’ target market encompasses a diverse range of eco-conscious consumers, adventure enthusiasts, and businesses seeking sustainable transportation solutions.

The company’s market advantage lies in its unique ability to combine customer-centric product development with engineering excellence, allowing it to create electric vehicles that not only meet the demands of the market but also exceed expectations.

By staying ahead of industry trends and continuously improving its offerings based on customer feedback, Alphas has solidified its position as a trailblazer in the electric vehicle industry, reshaping the future of sustainable mobility.

Delivering the Future:

Alpha is dedicated to delivering an unparalleled customer experience from pre-order to delivery. The company is seeking to establish a robust logistics network to ensure efficient and timely deliveries to customers worldwide. Alpha’s commitment to environmental responsibility extends to its delivery process, with a focus on minimizing carbon emissions and employing sustainable transport methods whenever possible.

“Alpha is excited to unveil the Wolf electric truck driving prototype, a testament to our relentless pursuit of innovation and sustainability. By combining engineering excellence with a customer-centric approach, we aim to accelerate the transition to electric mobility and make sustainable transportation accessible to all,” said Alpha Motor Corporation.

Motion Driven by Heart:

At the core of Alpha’s philosophy lies the belief that every aspect of mobility should be driven by the heart. This vision embodies the company’s commitment to create not just innovative electric vehicles, but to infuse them with passion, compassion, and a deep understanding of human needs and aspirations.

“Motion Driven by Heart” encapsulates Alpha’s dedication to more than just engineering and performance. It reflects the company’s ethos of putting people and the planet first, fostering a strong emotional connection between drivers and their electric vehicles. The Wolf electric truck is not merely a means of transportation; it is an extension of one’s values, lifestyle, and desire to make a positive impact on the environment.

Alpha envisions a future where electric vehicles empower individuals and communities to embrace sustainable living without compromising on performance or style. By providing access to affordable, dependable, and stylish electric vehicles, the company aims to create a global movement towards a cleaner, greener, and more interconnected world.

“We believe that electric vehicles should not only be technologically advanced but should also resonate with the hearts of our customers. Our ‘Motion Driven by Heart’ philosophy guides every decision we make, from design and engineering to production and customer experience,” said Alpha Motor Corporation.

Alpha’s unwavering commitment to environmental stewardship and social responsibility is evident in its actives collaborations with various environmental initiatives, aiming to reduce its carbon footprint and contribute positively to its communities.

As Alpha moves forward with speed and efficiency to bring the Wolf electric truck to the market, the company’s vision of “Motion Driven by Heart” remains firmly embedded in its DNA. Through this vision, Alpha strives to inspire the world to embrace electric mobility with enthusiasm, compassion, and a shared commitment to a brighter, sustainable future.

About Alpha Motor Corporation

Alpha Motor Corporation (Alpha) is an award-winning American automobile company focused on manufacturing mobility solutions that Move Humanity®. We innovate sustainable transportation for the wellness of people and our environment by implementing advanced automotive technologies and disruptive industrial practices. Based in Irvine, California, Alpha is committed to creating the kinds of electric vehicles we believe the world has always wanted to see but that have not existed – until now.

Please contact pr@alphamotorinc.com for more information.

Related Links

https://youtu.be/rWfTmDaRGow

https://www.alphamotorinc.com

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SOURCE Alpha Motor Corporation

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Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

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LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets. 

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades. 

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes. 

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.” 

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.” 

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

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SOURCE Bloomberg L.P.

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Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

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SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

 

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SOURCE TeraWatt Technology Inc.

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Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

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HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.    

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

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SOURCE Tencent Cloud

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