Browsing: Funding
French battery manufacturer Automotive Cells Company (ACC) on Thursday welcomed the European Union’s new action plan for the automotive sector…
Chinese automaker Great Wall Motor (GWM) is planning to establish an autonomous driving research and development (R&D) center in Silicon…
Compton Unified School District (CUSD) has introduced 25 electric school buses, marking its first step toward electrifying student transportation. The…
British self-driving technology startup Wayve announced plans to establish a new testing and development hub in Germany, deploying a fleet…
Swedish electric vehicle manufacturer Polestar has secured a 12-month loan facility of up to $450 million while announcing a delay…
Finnish battery chemicals producer Terrafame announced on Thursday it has raised €100 million ($104.72 million) in equity and shareholder loans…
Bedford Borough Council has opened a tender for the installation and operation of at least 256 new electric vehicle (EV)…
The UK government has extended its plug-in grant scheme for electric vans and taxis by an additional year, with £120…
Wallbox, a provider of electric vehicle (EV) charging and energy management solutions, has raised approximately $10 million in a funding…
German electric aviation startup Lilium is facing renewed financial uncertainty after a promised €200 million investment failed to materialize, raising…
The European Commission has approved a state aid grant of up to €920 million from the German government to support…
German air taxi developer Volocopter has signed a long-term agreement with French aviation company Jet Systems Hélicoptères Services to introduce…
Electric vehicle manufacturer Rivian Automotive has projected a decline in vehicle deliveries for the current year, citing economic uncertainties and…
Electric-truck maker Nikola has filed for Chapter 11 bankruptcy protection and will pursue a sale of its assets, the company…
The German state of Bavaria has exceeded its 2024 target for alternatively powered bus subsidies, funding over 500 “climate buses”…
Hyvia, the hydrogen fuel cell joint venture between Renault and U.S.-based Plug Power, remains in financial distress as insolvency proceedings…
Lyten, a company specializing in lithium-sulfur battery technology, has secured U.S.-sourced sulfur to support its manufacturing operations. The company has…
The Investment Management Corporation of Ontario (IMCO) has written down its $400 million investment in Northvolt, becoming the latest shareholder…
Serbia will continue offering purchase subsidies for electric vehicles in 2025, with incentives reaching up to €5,000. The government has…
Endera, a manufacturer of electric shuttles and school buses, has raised $49 million in funding to support its growth. The…