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.
KKR has committed up to $310 million to India’s electric bus sector, investing in PMI Electro Mobility and its operating…
The New Zealand Government has announced a $52.7 million zero-interest loan programme to support the rollout of more than 2,500…
Ride-hailing platform Uber has announced a partnership with electric vehicle maker Rivian to deploy a large-scale fleet of robotaxis, as…
Swedish electric boat manufacturer Candela has raised €30 million from existing investors and the International Finance Corporation (IFC) to scale…
Polestar has raised $300 million in a new equity financing round, with participation from investors including Crédit Agricole, as the…
BYD reported a decline in full-year net profit for 2025, as intense price competition in China’s electric vehicle market continued…
Pony AI reported its first profitable quarter since inception, as it ramps up commercialization efforts and expands its global robotaxi…
Xiaomi reported its smart electric vehicle and AI business achieved its first full-year operating profit in 2025, supported by rapid…
Hesai reported its first full-year profit, driven by rising demand for its sensors used in electric vehicles and robotics applications.…
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…