Browsing: Funding
XPeng Aeroht Begins Manned Test Flights for Land Aircraft Carrier as Pre-sales Set to Launch in December
By Jackson Han
XPeng Aeroht, a subsidiary of China’s XPeng Motors, has entered the “manned test flight” phase for its Land Aircraft Carrier,…
The US state of Delaware will use a combination of state and federal funds to establish a network of electric…
The Belgian region of Flanders is set to cancel its electric vehicle (EV) purchase premium earlier than anticipated, following overwhelming…
Public transport operator Stagecoach has received 64 new all-electric buses that will be deployed in Coventry, marking a significant step…
Scotland Announces £6.3 Million Investment to Expand EV Charging Network Across Ayrshire and Glasgow
By Derick Munoz
The Scottish government announced a £6.3 million funding initiative to expand electric vehicle (EV) charging infrastructure across Ayrshire and the…
Lilium, the German electric flying taxi developer, has been granted approval by the Weilheim Local Court to undergo restructuring under…
The U.S. Department of Energy (DOE) has allocated $44.8 million to fund eight projects focused on advancing battery recycling technologies,…
US-based Beta Technologies, a developer of electric aircraft for passenger and freight transport, has announced a successful financing round totaling…
Vertical Aerospace Receives $75 Million Financing Proposal Amid Flight Testing Progress
By Jackson Han
Vertical Aerospace, a manufacturer of electric vertical takeoff and landing (eVTOL) vehicles, has been offered a $75 million financing deal…
New Flyer Expands Electric Bus Production with OC Transpo Order, Winnipeg Facility Expansion
By Derick Munoz
New Flyer has announced two new orders from Ottawa’s OC Transpo for 51 Xcelsior CHARGE NG 40-foot battery-electric buses, building…
German Aerospace Centre DLR Launches Test Facility for Megawatt Fuel Cell Propulsion Systems in Empfingen
By Ryan Fisher
The German Aerospace Centre (DLR) has inaugurated its BALIS test field in Empfingen, aiming to advance megawatt-class fuel cell propulsion…
The German Hydrogen Association (DWV) is set to undergo leadership changes in the wake of a lobbying scandal involving hydrogen…
India is set to introduce 100,000 electric buses as part of its ambitious five-year plan aimed at transforming public transport…
Quantron AG Files for Insolvency Amid Financial Challenges, Appoints Provisional Administrator
By David Smith
German electric vehicle (EV) manufacturer Quantron AG filed for insolvency on October 29, with the Augsburg Local Court opening provisional…
Canadian EV battery repurposing company Moment Energy will establish the first UL1974-certified facility for EV battery reuse in the United…
Lilium, the German developer of electric flying taxis, has officially filed for insolvency for its two key subsidiaries, Lilium GmbH…
Northvolt, the Swedish battery manufacturer, is reportedly close to finalizing a critical ‘rescue financing round’ of $300 million, aimed at…
GreenPower Motor Company has confirmed an order for 50 all-electric school buses, funded under the EPA Clean School Bus Program,…
The U.S. Department of Energy (DOE) has finalized a $2.26 billion loan for Lithium Americas to develop the Thacker Pass…
Italy’s government, led by Prime Minister Giorgia Meloni, is proposing a reduction of approximately €4.6 billion ($5 billion) in funds…