Browsing: Funding
The U.S. Department of Transportation’s Federal Highway Administration (FHWA) announced $635 million in funding for 49 zero-emission infrastructure projects aimed…
Norway’s Hydro (NHY.OL) announced on Monday that it has agreed to acquire the remaining shares in battery recycler Hydrovolt from…
The insolvent German engineering firm Manz AG, known for manufacturing battery production systems, is seeking a strategic investor to acquire…
The State University of New York (SUNY) will receive $15 million in federal funding to install up to 350 electric…
Hyzon Motors, a US-based fuel cell commercial vehicle manufacturer, is preparing to dissolve and liquidate its operations following a decision…
Serve Robotics has raised $80 million through a direct offering of 4.2 million shares of common stock, securing additional capital…
NXP to Acquire TTTech Auto for $625 Million in Bid to Strengthen Autonomous Vehicle Software
By Todd Gilbert
Dutch semiconductor company NXP announced Tuesday its plans to acquire TTTech Auto, an Austrian firm specializing in safety software for…
Mexico’s government has launched Olinia, a new electric vehicle (EV) manufacturer backed by both state and private capital, aiming to…
Stockholm-based electric vehicle battery maker Northvolt announced on Wednesday that its shareholders voted to continue operations, providing the company with…
The first charging stations funded under the National Electric Vehicle Infrastructure (NEVI) program are now operational in Wisconsin. A total…
Phoenix Tailings, a U.S. startup focused on processing rare earth metals, has raised $43 million in a Series B funding…
Just days after facing liquidation, German eVTOL startup Lilium Aviation has announced a lifeline investment deal that could revive its…
Volocopter Files for Insolvency Amid Financial Struggles and Search for Additional Funding
By Ryan Fisher
Volocopter GmbH, an air taxi start-up backed by Mercedes-Benz and Honeywell, filed for insolvency proceedings on Monday, citing its inability…
Illinois has been awarded $19.9 million under the Inflation Reduction Act (IRA) to deploy 70 electric school buses and expand…
A coalition of 16 states, led by California, along with environmental advocacy groups, has withdrawn a 2022 lawsuit against the…
DOE May Grant $754 Million Loan to Novonix for Synthetic Graphite Facility in Tennessee
By Todd Gilbert
The U.S. Department of Energy (DOE) has announced a conditional commitment to provide up to $754 million in loans to…
German engineering firm Manz AG, known for manufacturing equipment for battery production, has announced plans to file for insolvency proceedings…
Swedish electric-vehicle battery manufacturer Northvolt announced on Friday that it is in discussions with over 100 lenders and investors to…
Lilium, the German developer of electric air taxis, is in the midst of a critical phase as it negotiates with…
Avatr Technology, the electric vehicle (EV) company backed by Changan Automobile, CATL, and Huawei, has successfully closed its Series C…