Browsing: Funding
UK-based Vertical Aerospace announced on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding convertible debt…
Swedish electric boat manufacturer Candela is set to deploy its P-12 electric hydrofoil ferry on Lake Tahoe, marking the first…
Quantron AG, a German provider of electric commercial vehicle solutions, has announced the continuation of its operations through the end…
Dutch electric bus manufacturer Ebusco has raised €36 million in a rights issue, providing a critical financial boost for the…
Faraday Future has unveiled the first teaser image of its upcoming Faraday X (FX) prototype, marking the official launch of…
Canada will not be making further investments in Northvolt, the Swedish electric vehicle battery maker, following its bankruptcy filing in…
AMSL Aero Completes First Free Flight of Hydrogen-Electric Vertiia VTOL, Aims for 2025 Hydrogen Flight Testing
By Todd Gilbert
Australian company AMSL Aero has successfully completed the first free flight of its hydrogen-electric Vertiia vertical takeoff and landing (VTOL)…
De Lijn, the Flemish public transport operator, has placed an order for 32 electric articulated E-Way buses from Iveco as…
The Swedish government has no plans to take an ownership stake in Northvolt, the lithium-ion battery maker facing financial challenges,…
Daimler Truck Receives €226 Million Funding for Development of Hydrogen Fuel Cell Trucks
By James Bryant
Daimler Truck has secured €226 million in funding for the development and small-series production of 100 hydrogen fuel cell trucks.…
Independent Trucking Business Adopts Volvo VNR Electric, Supported by CARB Incentives
By Derick Munoz
Saldivar’s Trucking has become the first independent owner-operator in the U.S. to deploy a Volvo VNR Electric Class 8 truck,…
For all its potential as a clean energy solution, hydrogen has struggled to compete with cheaper and more established alternatives…
Swedish Battery Maker Northvolt Explores Bankruptcy Protection in U.S. Amid Financial Challenges
By Derick Munoz
Swedish lithium-ion battery manufacturer Northvolt is reportedly considering bankruptcy protection under the U.S. Chapter 11 code as one of several…
First Bus has achieved a significant milestone in its transition to electric vehicles in Leeds, with the final installment of…
Chinese autonomous driving company Pony.AI is pursuing a U.S. initial public offering (IPO) with a valuation target of up to…
tozero, a European startup focused on lithium-ion battery recycling, has secured €11 million in an oversubscribed seed round, led by…
Indian eVTOL Startup ePlane Secures $14 Million to Develop Air Taxis for 2025 Testing
By Michael Khan
The ePlane Company, an Indian startup focused on electric air taxis, announced it has raised $14 million in a Series…
Electric vehicle (EV) manufacturer VinFast announced on Wednesday it has secured a fresh round of funding worth 85 trillion dong…
Convergence Energy Services Limited (CESL), an energy and mobility service provider, has introduced a flexible procurement program to supply government…
Archer Aviation, a California-based developer of electric vertical takeoff and landing (eVTOL) aircraft, announced it has entered the Japanese market…