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Orange EV Names Current President Kurt Neutgens as CEO and Strengthens Leadership Team with Antonio Alva Assuming New COO Role

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Co-Founder Wayne Mathisen Transitions to Board Advisor After Fourteen Years Leading the Manufacturer’s Growth and Market Disruption

KANSAS CITY, Kan., June 30, 2026 /PRNewswire/ — Orange EV today announced that Kurt Neutgens, Co-founder, President, and Chief Technology Officer, has assumed the role of Chief Executive Officer. The company also announced the hiring of Antonio Alva as Chief Operating Officer. The leadership moves come as demand grows for the manufacturer’s turnkey solution for yard operations which includes purpose-built EV terminal trucks, fleet chargers, and factory-direct service.

Neutgens’ work on Orange EV began before the company was founded. He spent more than a year analyzing commercial vehicle duty cycles to identify where electrification could deliver a meaningful operational advantage over traditional diesel equipment. Rather than beginning with technology in search of an application, Neutgens focused on finding an application where EVs could solve real-world operating challenges.

That search led him to the terminal truck.

Terminal trucks offered a uniquely strong starting point for electrification: highly repeatable routes and load profiles, controlled operating environments, and a clear operational drag from diesel trucks due to fluctuating fuel costs, high downtime, and maintenance and repair unpredictability. The result was a case that fleets could validate performance, quantify total cost of ownership, and quickly build confidence to move from pilot programs to broader fleet standardization.

Wayne Mathisen, who has served as CEO since co-founding Orange EV with Neutgens in 2012, is stepping back from day-to-day leadership after fourteen years helping build Orange EV from a category-creating idea into the market leader it is today. As CEO, Mathisen helped shape Orange EV’s strategy, business model, customer relationships, and disciplined approach to growth, helping turn an early vision for electric terminal trucks into a proven commercial platform serving fleets across North America. Mathisen will continue as a board advisor, providing continuity and strategic counsel as Orange EV enters its next phase of growth.

“Wayne has been indispensable to Orange EV’s success,” said Neutgens. “When we founded the company, we shared a conviction that electric vehicles, properly designed for the right application, could create a better way to run commercial operations. For fourteen years, every significant decision, direction, and method has been shaped by a partnership built on shared standards, trust, and commitment. Wayne led Orange EV from a germ of an idea in a garage to a transformative company that modernizes an important link in the supply chain. I could not have hoped for a better business partner, and I am deeply grateful that he will remain an advisor as we continue building on what we created together.”

Since Orange EV’s founding, Neutgens and Mathisen have guided Orange EV’s growth. Neutgens focused on the company’s technology, product roadmap, manufacturing strategy, service model, and operational direction. Under his leadership, Orange EV created the electric terminal truck market and established “yard dogs” as the most validated heavy-duty commercial EV application.

“Orange EV is built around a simple idea: yard operations need a better solution than diesel terminal trucks are able to provide,” said Neutgens. “From the beginning, our focus has been helping customers make their yards more reliable, more predictable, and more efficient. That does not change. Our customers depend on us for equipment, charging, and service to help reduce operational drag in the yard. I am grateful for the trust they have placed in Orange EV, and I am committed to continuing to earn that trust every day.”

In addition to Neutgens’ new role, Orange EV continues to build out its leadership team to address growth brought on by an inflection point in the terminal truck market. Antonio Alva brings more than 25 years of executive leadership experience across complex, multi-site industrial organizations. He most recently served as COO and President at parts manufacturer MPI Products, where he had P&L responsibility across engineering, quality, service, production, and procurement, the five functions he will now lead at Orange EV.

Known for aligning cross-functional teams around measurable operating and financial results, Alva has led multiple operational success stories in demanding industrial environments. He holds an MBA from the University of Phoenix and a Bachelor of Science in Industrial and Systems Engineering from the University of Florida.

“Orange EV is at a point where execution matters as much as innovation,” said Alva. “My focus is to align engineering, quality, service, production, and procurement around the same customer outcome: reliable equipment, dependable support, and an operating model that provides uptime rates far superior to what fleets have ever experienced with their diesel terminal trucks.”

Orange EV continues to scale, with more than 2,000 electric terminal trucks deployed across hundreds of customer fleets. Those vehicles have accumulated millions of real-world operating miles and key-on hours in warehouse, distribution, manufacturing, port, rail, and logistics environments. As operators evaluate the long-term cost, uptime, maintenance demands, and fuel-price variability of diesel equipment, the terminal truck market is rapidly shifting to broader operational standardization with EVs.

Orange EV’s mission remains unchanged: to help operators modernize their yard operations with a superior financial and operational solution that includes purpose-built terminal trucks, charging solutions, and a network of factory-backed service.

The leadership moves come on the heels of the company announcing the deployment of its 2,000th truck and a historic 600-truck order earlier this spring.

About Orange EV

Orange EV is the leading manufacturer of purpose-built zero-emission terminal trucks in North America. Manufactured in Kansas City, Orange EV delivers a turnkey electrification solution that includes Class 8 EV trucks, on-site service, and chargers including the Orange Juicer™ CCS1 battery-integrated charging system, empowering fleets to deploy yard operations with superior reliability in days or weeks, not years. Surpassing 33 million miles and 12 million hours of operation across more than 41 states, Canada, and the Caribbean, savvy fleets choose Orange EV for more cost-effective, predictable operations. Visit orangeev.com.

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SOURCE Orange EV

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Industry leaders to join forces to scale hydrogen mobility

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Volvo Group

For the first time in Europe, Germany is bringing together the full ecosystem needed to scale the deployment of hydrogen trucks by 2030, combining supportive policy frameworks, a strong OEM offering and an integrated hydrogen supply chain and infrastructure.Volvo Group, Daimler Truck, Toyota Motor Corporation, Bosch, Air Liquide, TotalEnergies, TEAL Mobility, MB Energy, and more companies accelerate the commercialization of hydrogen-powered mobility and build the ecosystem needed to scale it along the whole value chain, with vehicles, infrastructure and supply. The activities include the deployment of hydrogen refueling stations along key strategic corridors in Europe, in synchronization with the hydrogen-powered truck fleets as well as a competitive hydrogen price. This will enable customers to operate hydrogen-powered vehicles with a competitive total cost of ownership. Full details will be unveiled at a CEO-led press event during IAA Transportation in Hanover on 15 September.

GOTHENBURG, Sweden, Sept. 3, 2026 /PRNewswire/ — Leading companies from the transport, energy and industrial sectors, together with German policymakers, are collaborating to establish a benchmark for a fully integrated hydrogen mobility ecosystem for heavy-duty transport. They reflect a shared ambition to scale hydrogen with a focus on customer-oriented refueling infrastructure and competitively priced hydrogen fuel.

Delivering a comprehensive hydrogen ecosystem that complements battery-electric solutions requires coordinated development across the entire value chain with focus on commercializing competitive vehicles, deploying strategically located refueling infrastructure aligned with customer needs, and ensuring reliable access to hydrogen at viable price levels. Together, these elements can create the conditions for a competitive total cost of ownership and position hydrogen as a practical, scalable solution for zero-emission transport.

Further details will be announced on September 15 at IAA Transportation 2026.

Volvo Group, Daimler Truck, Toyota Motor Corporation, Bosch, Air Liquide, TotalEnergies, TEAL Mobility, MB Energy

September 3, 2026

Journalists wanting further information, please contact:
Claes Eliasson, Head of Media Relations
+46 76 553 7229
press@volvo.com

For more information, please visit volvogroup.com
For frequent updates, follow us on LinkedIn

The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100,000 people and serves customers in almost 180 markets. In 2025, net sales amounted to SEK 479 billion (EUR 43 billion). Volvo shares are listed on Nasdaq Stockholm.

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/ab-volvo/r/industry-leaders-to-join-forces-to-scale-hydrogen-mobility,c4391363

The following files are available for download:

https://mb.cision.com/Main/39/4391363/4249230.pdf

Press release — Industry leaders to join forces to scale hydrogen mobility

https://news.cision.com/ab-volvo/i/1860×1050-iaa-pr,c3561719

1860×1050 IAA PR

 

View original content:https://www.prnewswire.com/news-releases/industry-leaders-to-join-forces-to-scale-hydrogen-mobility-302868716.html

SOURCE AB Volvo

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CFD Broker Mitrade EU Introduces Excess-of-Loss Insurance Protection for Its Clients

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LIMASSOL, Cyprus, Sept. 3, 2026 /PRNewswire/ — CFD broker Mitrade has arranged additional insolvency insurance for eligible clients onboarded under its CySEC licence. The initiative reflects a broader focus on strengthening client confidence and investor protection.

This excess-of-loss policy supplements protections CySEC already mandates. CySEC-authorised investment firms are required to segregate client funds and contribute to the Investor Compensation Fund. Beyond those statutory safeguards, Mitrade EU Limited’s discretionary insurance coverage has been arranged through Lloyd’s of London and funded by Mitrade. It is automatically available to eligible clients without an opt-in requirement or additional client charge.

Should Mitrade EU Limited become insolvent, the policy may cover eligible claims, subject to its terms, conditions and exclusions, up to a maximum aggregate amount of €1 million across all claims combined. It does not cover trading losses or losses caused by market movements.

“Regulation sets the baseline; we decide how much further to go for clients,” said Timur Konsky, CEO of Mitrade EU. “That is why we put additional insurance in place with Lloyd’s of London. Our approach is to identify where clients can be protected and take steps to reduce those risks. Transparency and safety should not be marketing language; they should be demonstrated through the safeguards a broker chooses to put in place. We want our clients to judge us by our actions, and this policy is another concrete example of that commitment.”

Mitrade EU’s excess-of-loss insurance cover takes effect from 1 September 2026.

About Mitrade 

Mitrade is a CFD trading platform operating in eligible EEA markets through Mitrade EU Limited, a CySEC-authorised investment firm (CIF438/23). Other legally separate entities within the international group are independently authorised and regulated in their respective jurisdictions by ASIC (AFSL398528), CIMA (SIB1612446), FSCA (FSP54842), FSC (GB20025791), and CMA (20200000397). 

Globally, the brand connects 7M+ traders to 1,000+ CFDs on indices, forex, commodities, shares, ETFs and more. The platform is designed to provide fast execution, flexible leverage on a per-position basis, competitive spreads and an intuitive interface accessible across multiple devices. 

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 

Visit https://www.mitrade.eu for more information.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cfd-broker-mitrade-eu-introduces-excess-of-loss-insurance-protection-for-its-clients-302867016.html

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Aurra Markets Receives ‘Most Transparent Broker’ Award in Mumbai

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Aurra Markets wins the ‘Most Transparent Broker’ award at Money Expo Mumbai 2026. Read about our MT5 infrastructure and Aurra Wallet.

MUMBAI, India, Sept. 3, 2026 /PRNewswire/ — Aurra Markets Wins ‘Most Transparent Broker’ Award at Money Expo Mumbai

Aurra Markets, a multi-asset CFD broker, received the ‘Most Transparent Broker’ award at Money Expo Mumbai 2026. Participating as a Diamond Sponsor at the Jio World Convention Centre, the brokerage presented its institutional-grade trading infrastructure and partnership models to the Indian financial community.

Direct Market Access and Tier-1 Liquidity

Receiving this award reflects the company’s focus on maintaining secure trading conditions. In active financial markets, reliability is a primary requirement for retail and institutional traders. By integrating direct Tier-1 liquidity and holding fully segregated client funds, Aurra Markets provides a stable environment for trading forex, precious metals, and indices. The team demonstrated its MetaTrader 5 (MT5) framework at Booth 33, highlighting the 12ms execution speed that supports algorithmic and day traders.

Efficient Funding via the Aurra Wallet

The exhibition also served as a platform to detail the company’s advanced funding infrastructure. Clients can manage their capital using the Aurra Wallet. This unified system bridges fiat and digital assets, allowing traders to handle deposits and withdrawals efficiently. Integrating this technology reduces banking delays and provides rapid market access.

Expanding Operations in the Indian Market

“We are honored to receive the Most Transparent Broker award in Mumbai,” a senior spokesperson for Aurra Markets stated. “This recognition validates our infrastructural investments designed to lower trading costs and maintain security. Engaging with affiliates and traders in India confirms the demand for high-performance trading solutions. We provide market participants with the stability needed to trade macroeconomic shifts.”

About Aurra Markets

Aurra Global Markets Limited is authorized and regulated by the Mauritius Financial Services Commission (FSC) under License No. GB25204837. Aurra Markets provides a global community of traders with the direct infrastructure and technical resources needed to operate in dynamic financial markets. For more information, visit www.aurra.markets.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aurra-markets-receives-most-transparent-broker-award-in-mumbai-302868741.html

SOURCE AURRA GLOBAL MARKETS LIMITED

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