Browsing: Finance
ZF has appointed Rolf Breidenbach as its new chairman, following the early departure of Heinrich Hiesinger, the company announced on…
Rivian has named Sreela Venkataratnam as its new Chief Accounting Officer, the company announced. She will oversee financial reporting, tax…
Slovakia will install at least 228 ultra-fast charging points along its Trans-European Transport Network (TEN-T) as part of a government-funded…
Porsche has taken over Varta’s battery subsidiary V4Drive, renaming it V4Smart, as the German sports car maker consolidates its position…
Charging infrastructure provider Qwello has won a public tender to install 150 AC charging points in Ille-et-Vilaine, Brittany, expanding its…
Chinese automaker Chery has filed for an initial public offering (IPO) in Hong Kong as it seeks to finance its…
Sweden’s Northvolt has agreed to sell its industrial battery pack business to truckmaker Scania, the companies said on Tuesday, as…
Lucid Group has appointed Taoufiq Boussaid as its chief financial officer, the electric vehicle (EV) maker said on Tuesday, filling…
E.ON and the Danish Fleggaard Group are collaborating to install 36 new electric vehicle (EV) charging points at four border…
Honda is offering substantial incentives on its all-electric Prologue SUV, making it one of the most attractive EV deals to…
Northvolt, the Swedish electric vehicle battery maker, announced on Friday that its CEO and co-founder, Peter Carlsson, is stepping down,…
The German auto industry, traditionally viewed as a stable source of long-term employment, may face significant workforce reductions over the…
Waymo, Alphabet Inc.’s autonomous driving subsidiary, announced Friday it has completed a $5.6 billion funding round spearheaded by its parent…
BasiGo, a Kenyan-based electric vehicle (EV) company, has raised $24 million in Series A equity funding, along with an additional…
Swedish battery manufacturer Northvolt is making progress towards securing a new financing package, the company told Reuters on Monday. The…
Swedish battery maker Northvolt is seeking to secure short-term funding to stabilize its finances, with co-founder Harald Mix reportedly prepared…
Swedish battery maker Northvolt is in discussions with investors and lenders to secure approximately €200 million ($218 million) in short-term…
French Government Cuts Electric Vehicle Assistance and Increases Penalties for High-Emission Vehicles
By Ivan Popov
The French government announced a reduction in its electric vehicle purchase assistance by one-third in its 2025 budget proposal presented…
Stellantis confirmed on Thursday that CEO Carlos Tavares will retire at the end of his contract in early 2026, along…
Swedish battery manufacturer Northvolt has announced the suspension of a major factory expansion in northern Sweden, which has delayed essential…