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Associated Press
15-05-2025
- Automotive
- Associated Press
RONN Inc. Accelerates Global Hydrogen Manufacturing Initiative Amid Rising Diplomatic Engagement in Brazil and the U.K.
SCOTTSDALE, ARIZONA / ACCESS Newswire / May 15, 2025 / RONN Inc. (OTC:RONN), the U.S.-based pioneer in hydrogen mobility platforms, announced today that CEO Ronn Ford will travel to Ceará, Brazil, in late June for a high-level economic forum hosted by the State Government of Ceará and attended by the United Kingdom's foreign trade department. The dialogue will focus on the structuring of a $300 million loan and/or guarantee to launch the RONN-HES Joint Venture (JV) PEM electrolyzer manufacturing facility in Ceará. Additionally, the U.K. and Scotland are in discussions to explore additional financial frameworks that could anchor manufacturing capacities in Glasgow, fueling a tri-regional hydrogen ecosystem between South America, the U.K., and the Gulf. Ford stated, 'This is not just a factory. This is an anchor of a broader energy corridor that strategically links global demand nodes from Ceará to Glasgow to the Middle East.' This momentum follows heightened geopolitical interest in hydrogen technologies, amplified by the recent Saudi Arabia economic summit where global capital flows into green energy were reignited. Strategic Outlook RONN Inc. continues to execute a multi-regional strategy designed to position the company at the heart of the global hydrogen economy. With a focus on electrolyzer manufacturing, logistics solutions, and modular fueling systems, the company is building a scalable commercialization roadmap to support sovereign decarbonization mandates and industrial clean-tech adoption. IR contact Ronn Ford, CEO [email protected] ⸻ About RONN Inc. RONN Inc. (OTC:RONN) is a U.S.-based hydrogen technology company pioneering zero-emission supercars, modular fueling systems, and commercial mobility platforms. The company is rapidly expanding its global partnerships and is committed to enabling the hydrogen economy of the future through innovative, sustainable infrastructure and next-generation vehicle solutions. Forward-Looking Statements This press release contains forward-looking statements regarding RONN Inc.'s plans and future business activities. These statements are subject to risks and uncertainties that could cause actual results to differ materially. RONN Inc. assumes no obligation to update or revise these statements as new information becomes available. SOURCE: RONN press release
Associated Press
06-05-2025
- Automotive
- Associated Press
RONN-Saudi Arabia JV Greenlit: Multi-Billion Dollar Hydrogen Expansion to Anchor Vision 2030, Set Over Three Years
PRESS RELEASE: Paid Content from ACCESS Newswire. The AP news staff was not involved in its creation. Published [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] SCOTTSDALE, ARIZONA / ACCESS Newswire / May 6, 2025 / RONN Inc. confirmed today that a high-level strategic call between Saudi executives, CEO Mr. Ford, and Sheila Stewart has resulted in a formal approval of a multi-billion-dollar hydrogen budget, with a contingency framework allowing up to $4 billion USD-set to roll out across a three-year implementation window ahead of Vision 2030. The initiative includes plans for two advanced production facilities in Saudi Arabia, targeting the rollout of 10,000 hydrogen-electric logistics trucks, 1,000 RONN Phoenix sport vehicles, and a highly exclusive one-off Halo Hypercar. Technical details are currently confidential. Initial engineering will be executed in the U.S., with training programs designed to upskill Saudi-based engineers as part of the Vision 2030 human capital alignment. Additional milestones and rollout specifics will be disclosed as project phases are approved. Mr. Ford shared, 'This joint venture is a culmination of decades of innovation and a belief in hydrogen as the next great global energy paradigm.' He added, 'I've been building vehicles since the '50s-and this moment marks a legacy-defining evolution.' About RONN Inc. RONN Inc. is a U.S.-based hydrogen technology company focused on developing zero-emission hydrogen fuel cell vehicles, modular infrastructure, and high-performance supercars. The company is committed to scalable innovation, sustainable energy solutions, and global partnerships that accelerate the hydrogen economy. Forward-Looking Statements This press release contains forward-looking statements, including projections and estimates, which are subject to risks and uncertainties. Actual results may differ materially due to various factors. RONN Inc. undertakes no obligation to update these statements except as required by law. Contact: Ronn Ford, CEO [email protected] Social Media: @ronnmotorgroup on X Website: SOURCE: RONN press release
Associated Press
16-04-2025
- Automotive
- Associated Press
RONN Inc. Secures and Signs Joint Venture in the Kingdom of Saudi Arabia With Expected 90/10 Financial Terms as Phase 2 of Middle East Expansion
SCOTTSDALE, ARIZONA / ACCESS Newswire / April 16, 2025 / Ronn Inc. (OTC PINK:RONN), following its recently announced Phase One Strategic Agreement in the Kingdom of Saudi Arabia, today announced the execution of a Phase Two strategic investment joint venture agreement with prominent Saudi partners. Mr. Ronn Ford, CEO of RONN Inc., stated: 'This agreement outlines a 50/50 Joint Venture structure and a 90/10 financial commitment with a highly respected Saudi infrastructure group. This milestone represents a pivotal advancement in Ronn's strategic expansion into the Middle East and strengthens our positioning as a leader in global hydrogen innovation.' Key Structure of the Joint Venture: Ronn Inc. will contribute executive leadership, intellectual property, proprietary hydrogen technology, and strategic relationships with U.S. manufacturers such as Roush and Magna. ⸻ Mr. Ford continued: 'This JV and the financial commitment arrive at a time when Saudi Arabia is accelerating its multi-trillion-dollar economic transformation, including a publicly announced $1 trillion investment initiative targeting U.S. strategic industries. World-scale hydrogen projects like the $8.4 billion NEOM Green Hydrogen Plant-the largest of its kind-are transforming the global energy landscape. With hydrogen positioned as a cornerstone of Vision 2030, this joint venture is engineered to move at the speed of Saudi ambition.' 'Our partner's commitment to funding 90% of this venture, including boots-on-the-ground support from office setup to manufacturing infrastructure, represents the kind of visionary alignment we've been building toward. Vision 2030 is accelerating. This is the moment-and this is the region. This partnership will help fuel the next era of hydrogen transportation.' Engineer Fouad and his investment team bring decades of experience in infrastructure development, including leadership roles in Saudi Arabia's national high-speed rail systems, industrial city construction, and sovereign-backed innovation corridors. While the partner has requested discretion in public-facing media, their influence in the Kingdom's transformation is well-documented within institutional and government circles. For media inquiries contact: Ronn Ford [email protected] ABOUT RONN MOTOR GROUP Ronn Motor Group has spent over a decade developing a complete line of luxury, high-performance hydrogen-powered vehicles. Its portfolio includes the Q-Series MystSUV (delayed), a line of Class 3-5 Hydrogen Fuel Cell Electric Vehicles (HFCEV), and next-generation hydrogen Hypercars-expected to begin roll-out in 2026. Ronn Motor Group's headquarters are in Scottsdale, Arizona. Its Engineering and Innovation Center is scheduled to open in Detroit in late 2025. ⸻ Forward-Looking Statements: This release may contain forward-looking statements relating to future events or anticipated performance. Actual results may differ materially due to various risk factors, including but not limited to changes in market conditions, regulatory environments, final deal execution, manufacturing delays, and geopolitical events. Ronn Inc. undertakes no obligation to revise or update any forward-looking statements publicly. SOURCE: RONN Inc. press release
Associated Press
09-04-2025
- Automotive
- Associated Press
Ronn Inc. Executes And Launches Phase One Agreement in Saudi Arabia, Accelerating Hydrogen Technology and Strategic Investment
SCOTTSDALE, AZ / ACCESS Newswire / April 9, 2025 / Ronn Inc. (OTC PINK:RONN), A global innovator in hydrogen mobility and clean energy infrastructure, announced today that it has entered into a Strategic Commercial Market Access Agreement with a respected international intermediary group specializing in Saudia Arabia with early-stage relationship development between high-growth technology firms and sovereign infrastructure partners. This agreement represents Phase One of a broader framework intended to position Ronn Inc. for a long-term financial and technology partnership across both the United States and the Kingdom of Saudi Arabia. 'It will establish our manufacturing and production in Saudi Arabia as well as the US where the collaboration with Saudi Arabia is a powerful collaboration at this time,' said Ronn Ford, CEO of Ronn Inc. The discussions currently underway are aimed at forming a 50/50 regional joint venture, which would establish a significant operating presence for Ronn Inc. within the Kingdom. 'Our team is proud to be building what we believe will become a transformational long-term alliance,' said Ronn Ford, CEO of Ronn Inc. 'Saudi Arabia continues to demonstrate visionary leadership in innovation, infrastructure, and energy transformation. We are honored to be invited into this dialogue and to contribute to the country's dynamic Vision 2030 roadmap.' The proposed joint venture in The Kingdom Of Saudi Arabia is expected to focus on localized manufacturing and regional deployment of Ronn Inc.'s hydrogen technologies, including hydrogen-powered supercars, commercial mobility platforms, hydrogen trucks, and modular fueling infrastructure. These initiatives are fully aligned with the Kingdom's Vision 2030 strategy and its multi-sector commitment to hydrogen as a central pillar of its future energy landscape. The announcement follows recent news of Saudi Arabia's intent to commit over one trillion dollars in U.S. strategic investments, reinforcing the deepening collaboration between both nations in advanced technologies and industrial innovation. Phase 1: Current planning includes the establishment of a regional headquarters in the Kingdom, in collaboration with a group of strategic partners with proven success in rail technology, real estate, transportation, and public-private mega infrastructure. Further details on phase 2 and phase 3 in Saudi Arabia will be disclosed as the joint venture structure and operating scope are finalized. Forward-Looking Statements This press release contains forward-looking statements subject to inherent risks and uncertainties. Actual results may vary materially due to numerous factors beyond the company's control. RONN Inc. undertakes no obligation to revise or update these statements unless legally required publicly.
Associated Press
28-03-2025
- Automotive
- Associated Press
RONN Inc. Sets the Stage for Hydrogen Vehicle Manufacturing and Strategic Growth in 2025. Company Sharpens Focus on Patented Technology and Expands Engineering for Next Generation HFCEVs
SCOTTSDALE, AZ / ACCESS Newswire / March 28, 2025 / RONN Inc. (OTC PINK:RONN) announced a refined and intensified focus on its hydrogen fuel cell electric vehicle (HFCEV) development today, underscoring years of engineering foresight and innovation. With the global spotlight turning toward viable zero-emission transportation alternatives, RONN Inc. is positioning itself at the forefront of commercial hydrogen mobility. Over the coming weeks, the company will begin rolling out a series of press releases and social media video updates to reintroduce its advanced vehicle program to shareholders, partners, and industry stakeholders. This includes technical data, early R&D footage, and commentary from leadership that traces the company's journey from concept to execution. RONN Inc.'s HFCEV platform is designed specifically for Class 3-6 commercial vehicles and optimized for real-world utility. The initial models will include cab-over delivery trucks, cutaway vans, box delivery vehicles, walk-through parcel trucks, and drop-roof configurations, each engineered to maximize operational efficiency while significantly reducing emissions. . These vehicles will feature cutting-edge low-pressure hydrogen storage systems, offering over 400 miles of range on 30-40 kg of hydrogen, with an extended-range option delivering up to 500 miles per fill. These specifications not only meet, but exceed, current expectations for logistics and delivery fleets seeking sustainable alternatives without compromising performance or uptime. CEO Ronn Ford confirmed that U.S.-based manufacturing remains a top priority, citing substantial new federal incentives under recent clean energy initiatives. 'We're prepared,' said Ford. 'Years of engineering, strategic foresight, and timing have led us to this moment. The road ahead is about execution.' Roush Inc., a trusted entity known for its expertise in advanced mobility solutions, has conducted engineering feasibility and vehicle platform development. As discussions continue with potential capital and manufacturing partners, RONN Inc. is incorporating additional next-generation technologies into its HFCEV architecture, including an ultra-lightweight fuel cell system and proprietary low-pressure tank design. Stakeholders and media are encouraged to follow RONN Inc. on X (formerly Twitter) and other social platforms, where behind-the-scenes footage and live updates will showcase the progress, innovation, and momentum driving the company's hydrogen vision forward. Further press releases will follow with deeper insight into product rollout timelines, partnerships, and capital developments. About RONN Inc. RONN Inc. is an advanced hydrogen company specializing in fuel cell electric vehicles and stationary hydrogen technology, such as hubs and powering data centers. Through innovation, sustainability, and a commitment to redefining zero-emission transport, RONN Inc. is developing hydrogen-powered platforms designed to meet the demands of modern logistics, commercial transport, and power generation Forward-Looking Statements This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations due to a variety of factors. RONN Inc. undertakes no obligation to update forward-looking statements except as required by law.
