Browsing: Finance
The Finance category on EVMagz covers the financial forces shaping the electric mobility industry, from corporate earnings and capital raises to investment strategy and market economics. This section provides insight into how companies across the EV ecosystem are funding growth, managing profitability, and navigating the financial realities of a rapidly evolving market.
Readers can explore reporting on quarterly earnings, fundraising rounds, mergers and acquisitions, IPOs, debt financing, profitability milestones, investment announcements, valuation trends, and broader financial strategies from automakers, suppliers, battery firms, and mobility startups. The category also examines how macroeconomic conditions and capital markets influence the pace of electrification.
Whether you are an investor, analyst, business professional, or EV enthusiast, the Finance category delivers data-driven coverage of the money and strategy behind the electric vehicle industry.
QCraft has completed a $100 million Series D funding round, as the company intensifies its focus on advanced autonomous driving…
Chery Automobile reported a 34.6% year-on-year increase in net income to 19.02 billion yuan ($2.77 billion) for 2025, supported by…
Zeron Raises €151 Million from Nio, CATL, and Momenta to Expand Electric and Autonomous Truck Development
By Victor Choi
Chinese electric truck startup Zeron has secured more than 1.2 billion yuan ($about €151 million) in fresh funding from investors…
Stellantis leasing subsidiary Leasys has signed a new financing agreement with the European Investment Bank (EIB) to accelerate the rollout…
Foxconn to Invest $510 Million in New Kaohsiung Headquarters, Expanding AI and EV R&D Base
By Daniel Ong
Foxconn said it will invest T$15.9 billion ($509.94 million) to build a new headquarters in Kaohsiung, southern Taiwan, underscoring its…
The U.S. Federal Transit Administration (FTA) has awarded $6.6 million to the Cumberland Community Improvement District (CID) and Cobb County,…
Charging software provider Pionix said it has completed a funding round of more than €8 million to scale its open-source…
The European Investment Bank (EIB) said it will invest €25 million in German startup Trailer Dynamics to accelerate the production…
Delta Charge, a German-Swedish developer of charging and battery storage systems for electric trucks, has raised $4.3 million in an…
Zhuoyu Technology said on Friday it has secured more than RMB 3.6 billion in strategic funding from China FAW Group,…
Autonomy, a US electric-vehicle subscription provider, said it is expanding its fleet with an additional 1,250 battery-electric cars after securing…
Flux Marine has raised $15 million to scale production of its electric outboard motors and powertrain systems, according to Bloomberg.…