Massimo Group - Common Stock (MAMO)

Massimo Group (NASDAQ: MAMO) announced that it has entered into a non-binding letter of intent to acquire 100% of the equity interests of FST Development Company Limited, a technology company specializing in intelligent hardware and AI-driven system-level solutions, in a proposed transaction valued at approximately $27 million to $35 million that positions the Company at the intersection of AI-enabled outdoor mobility and next-generation digital health robotics; under the LOI, consideration may be paid in Massimo common stock, cash or a combination of both, subject to a six-month lock-up and post-acquisition performance milestones, with the parties entering a 60-day exclusivity period to complete due diligence and negotiate definitive agreements targeted for late March 2026, subject to customary closing conditions.

Volkswagen has emerged as Europe’s top seller of battery-electric vehicles, marking a significant shift in a market long dominated by Tesla. Recent sales data from 2025 indicates that the German automaker delivered more electric cars across the region than its U.S. competitor, signaling a redistribution of market leadership rather than a slowdown in overall demand.

Massimo Group (NASDAQ: MAMO) reported strong pre-order activity for its 2026 Sentinel Series fully enclosed HVAC utility terrain vehicles following its participation in AIMExpo 2026, held Jan. 7–9 in Anaheim, Calif. The company said it secured pre-orders for approximately 70–80 units during and immediately after the event, in addition to 50–60 pre-sales commitments received ahead of the show, representing multi-million-dollar revenue potential based on current pricing. Massimo said the demand reflects market validation for the Sentinel Series, which features a fully enclosed cab with factory-integrated heating and air conditioning and is positioned at an accessible price point compared with competing HVAC-equipped UTVs, as the company targets an initial rollout in the first quarter of 2026.

Lucid Motors finished 2025 with sharply higher electric vehicle production after a slow start to the year, signaling that its operations may be stabilizing as it heads into a pivotal 2026. The company reported building 8,412 EVs in the final quarter of the year, more than double its output in the prior quarter and more than it managed in the first half of 2025.

Massimo Group (NASDAQ: MAMO) announced plans to debut its second-generation MVR HVAC Pro Series at the 2026 PGA Show, scheduled for Jan. 20–23, 2026, at the Orange County Convention Center in Orlando, Florida. The Company said the MVR HVAC Pro Series includes the MVR HVAC Pro for golf course and neighborhood electric vehicle applications and the MVR HVAC Cargo Max Pro for grounds maintenance and commercial fleet use, both featuring fully enclosed, climate-controlled cabins designed for all-weather operation. Management noted the updated platform reflects Massimo’s continued investment in higher-value electric mobility solutions, incorporates software-driven controls and artificial intelligence initiatives, and has generated early interest from dealers, golf courses, resorts, and commercial operators as demand grows for enclosed, climate-controlled electric vehicles that address the operational limitations of traditional open-air carts.

A UK industry group says electric vehicle discounts are unsustainable as manufacturers continue to pour billions into price cuts to meet government quotas. The Society of Motor Manufacturers and Traders estimates producers spent over £5 billion ($6.7bn) slashing prices last year, working out to approximately $14,838.56 per battery-electric vehicle. Chief Executive Mike Hawes said this degree of financial support from manufacturers cannot persist, particularly as requirements escalate to 33% this year from the prior 28% benchmark.

Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports vehicles and emerging technology products, announced that it has secured initial commercial commitments from third-party customers for a new AI-enabled product category under development, marking a milestone in the Company’s expansion into emerging technology markets. Through its subsidiary, Massimo Motor Sports, LLC, the Company has entered into formal commercial arrangements, including a signed sales contract and a related letter of intent, contemplating the purchase of up to 5,000 units with an aggregate potential value of approximately $19.7 million, subject to delivery, fulfillment milestones, and customary commercial and regulatory conditions, providing early validation of market demand while revenue recognition and ultimate financial impact remain contingent on contract performance.

Norway has moved closer to eliminating internal combustion engine vehicles from its new car market, achieving penetration levels that position the country on the brink of becoming the first to effectively phase out gasoline and diesel automobiles entirely. The transformation rests on a foundation of financial carrots rather than regulatory sticks.

Massimo Group (NASDAQ: MAMO) announced it will exhibit at AIM Expo, North America’s premier powersports industry event, where the company plans to showcase its 2026 product lineup and engage with existing and prospective dealer partners. At the show, Massimo is expected to feature its 2026 Sentinel Series fully enclosed HVAC UTVs and its MVR HVAC Pro Series electric carts, highlighting the company’s expansion into higher-value, feature-rich platforms designed for consumer, commercial, fleet, municipal, security, and recreational applications. Management said the new platforms have generated strong early market feedback and pre-order interest, and the company will also present new 2026 dealer programs focused on improving dealer profitability through enhanced parts and service support, demo unit initiatives, and Sentinel Series rebate and incentive structures.

Mass adoption of vehicle to grid (V2G) technology could play a major role in curbing renewable energy waste . Global renewable generation frequently surpasses consumption needs, especially from wind and solar installations. Constrained transmission networks and inadequate storage capacity typically force operators to discard this clean electricity, squandering potential output.

Here are the top movers in Tuesday's session, showcasing the stocks with significant price changes.

Let's have a look at what is happening on the US markets in the middle of the day on Tuesday. Below you can find the top gainers and losers in today's session.

Massimo Group (NASDAQ: MAMO) provided an update on accelerating dealer network momentum, organizational expansion, and product initiatives as it prepares for dealer-led growth in 2026. The company reported increased dealer signings in the fourth quarter of 2025, continued expansion across key U.S. markets, and strategic hires including a vice president of dealer development and a manager of fleet sales to support a refreshed dealer program launching in January 2026. Management noted that dealer growth is being supported by a differentiated product roadmap, including the new Sentinel UTV platform and the MVR HVAC Series of fully enclosed electric vehicles, positioning the company to enhance dealer profitability, strengthen commercialization efforts, and drive sustainable long-term growth.

The market is buzzing with gapping stocks on Tuesday. Let's uncover which stocks are experiencing notable gaps during today's session.

Ford is abandoning efforts to build large battery-powered vehicles, pointing to sluggish sales and EV policy reversals from Washington. The Detroit automaker will redirect resources toward profitable hybrids and conventional engines alongside smaller, budget-friendly electric models.

Massimo Group (NASDAQ: MAMO) announced the launch of a dedicated Fleet and Commercial Vehicle Program, marking a strategic expansion beyond traditional retail sales and targeting fleet-oriented customers such as security operations, municipalities, campuses, grounds maintenance providers, and commercial facilities. The manufacturer and distributor of powersports and electric vehicles said the program will initially focus on its newly introduced MVR HVAC electric vehicle series, which features fully enclosed cabs with heating and air conditioning designed for high-utilization, year-round operation, with a structured go-to-market strategy that includes direct fleet engagement, trade show participation, and dedicated commercial sales efforts to support repeat purchasing and long-term customer relationships.

Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports and electric vehicles, outlined plans to introduce the Sentinel 1500, a next-generation utility task vehicle featuring a fully enclosed factory cab with integrated heating and air conditioning, as part of its Sentinel Series roadmap in the first quarter of 2026. The Sentinel 1500 is being developed as an all-season vehicle designed for year-round operation and is expected to debut in a four-door crew configuration with seating for up to six passengers, powered by an upcoming four-cylinder 1499cc engine platform and supported by in-house HVAC engineering, as Massimo advances its product development strategy and prepares for future platform expansion.

China is preparing a major reset of its electric vehicle export strategy. Starting in 2026, Beijing will block substandard EVs from leaving the country to restore confidence in Chinese cars sold overseas and tighten control over who is allowed to export them. The change follows mounting concerns that rapid export growth has come at the expense of quality and accountability.

Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports and electric vehicles, announced it will unveil its new MVR HVAC Pro Series at the 2026 PGA Show in Orlando, Florida, introducing fully enclosed electric vehicles with integrated heating and air conditioning for consumer and commercial markets, including the MVR HVAC Pro for golf and NEV users and the MVR HVAC Cargo Max Pro for municipal, campus, hospitality, and industrial fleets.

Slate’s build-your-own electric pickup could transform America’s emerging battery-vehicle segment. The startup, supported by Jeff Wilke, former worldwide consumer CEO at Amazon, and backed by founder Jeff Bezos, offers a radically different approach centered on low cost and extreme personalization. Every truck begins as a stripped-down two-seater with gray composite bodywork, crank windows, and sparse equipment.

Massimo Group (NASDAQ: MAMO) entered a strategic collaboration with iZUMi Finance to launch a regulated, principal-protected digital-asset liquidity program aligned with the Company’s long-term treasury strategy and recent adoption of Bitcoin for corporate reserves. The initiative enables Massimo to deploy compliant BTC into a Strategic DeFi Liquidity Fund designed to support liquidity depth, ecosystem development and regulated blockchain-based financial systems while maintaining full principal protection. Key terms include scalable BTC deployment, potential ecosystem incentives and liquidity support for regulated DeFi markets. Massimo expects the program to enhance treasury utility, strengthen its positioning within institutional-grade digital-asset infrastructure and potentially improve long-term capital efficiency.