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.
German car subscription service FINN has announced the successful closing of a new asset-backed security (ABS) financing program, “ABS II,”…
Archer has raised $300 million in new funding, strengthening its financial position as it accelerates the development of hybrid-propulsion aircraft…
The Asian Development Bank (ADB) has agreed to lend up to $100 million to Ayala Corporation, the Philippines’ oldest conglomerate,…
Connected Kerb, a leading UK charge point operator (CPO), has secured £65 million in funding to accelerate the growth of…
WeaveGrid, a provider of electric vehicle (EV) charging management software, has secured a strategic investment from Hyundai Motor Company and…
UVeye, a startup specializing in AI-driven vehicle inspection technology, announced on Wednesday it has secured $191 million in debt and…
General Motors (GM) delivered a positive profit outlook for 2025 after reporting full-year 2024 earnings that exceeded Wall Street estimates,…
Berlin-based startup Enapi has raised €7.5 million in a seed funding round, building on the €2.5 million it secured during…
Sonocharge Energy has raised $23.5 million in a financing round led by Cycle Capital, with additional participation from Honda, Khosla…
The Joint Office of Energy and Transportation has announced a $43.7 million funding award to 25 innovative electric vehicle (EV)…
Standard Lithium announced on Thursday that its joint venture with energy firm Equinor, SWA Lithium, has successfully closed a $225…
Netradyne, a California-based startup specializing in AI-enabled dashcams for commercial fleets, has secured $90 million in Series D funding at…
Rivian and the U.S. Department of Energy (DOE) have finalized a $6.6 billion loan under the Advanced Technology Vehicle Manufacturing…
Sarla Aviation Secures $10 Million in Series A1 Funding to Develop Electric Air Taxis for India
By Michael Khan
Sarla Aviation, an electric air taxi startup, has raised $10 million in a Series A1 funding round led by Accel.…
Circunomics Secures €8 Million in Series A Funding to Advance Battery Lifecycle Solutions
By Todd Gilbert
German startup Circunomics has raised over €8 million in a Series A funding round led by GET Fund and Schaeffler…
Harbinger, a Los Angeles-based electric vehicle startup, has raised $100 million in a Series B funding round. The round was…
The U.S. Department of Transportation’s Federal Highway Administration (FHWA) announced $635 million in funding for 49 zero-emission infrastructure projects aimed…
The State University of New York (SUNY) will receive $15 million in federal funding to install up to 350 electric…
Here Technologies and Amazon Web Services (AWS) have confirmed a significant mapping collaboration, valued at $1 billion, announced this week…
Serve Robotics has raised $80 million through a direct offering of 4.2 million shares of common stock, securing additional capital…