Browsing: Funding
In a move indicative of expanding global ambitions, Innovusion, the LiDAR supplier for electric vehicle manufacturer NIO, is gearing up…
South Korean Conglomerate Lotte to Build Copper Foil Factory in Spain for Electric Car Batteries
By Derick Munoz
Lotte Energy Materials, a South Korean conglomerate, has announced its strategic venture into Spain’s burgeoning electric vehicle (EV) market with…
NIO Capital revealed its leadership in a Series A financing round for Mavel, an electric drive solutions provider. The funding…
Cornwall-based startup Cornish Lithium has successfully raised £53.6 million ($67 million) in funding, marking a significant step toward establishing its…
Faraday Future Intelligent Electric has recently announced a positive development by securing new funding, a move that sets the stage…
US Department of Energy Allocates $10.9 Million for Advancement of Domestic Lithium Extraction Technologies from Geothermal Brines
By James Bryant
In an initiative to enhance the nation’s access to battery-grade lithium resources, the US Department of Energy (DOE) has announced…
WeLion New Energy Technology, a leading Chinese manufacturer of long-range electric vehicle (EV) batteries, has announced its plans to go…
In a significant move towards sustainable urban transportation, state-owned utility Stadtwerke München (SWM) has placed an order for 71 new…
In a significant step towards achieving a sustainable and zero-emission future, New York Governor Kathy Hochul unveiled a groundbreaking $12…
In a recent development, the U.S. Securities and Exchange Commission (SEC) has imposed a fine of $1.5 million on electric…
As U.S. electric vehicle startups gear up to release their quarterly results, industry analysts and investors are bracing for the…
Nikola, the US-based electric truck manufacturer, has received an additional $16.3 million in funding from California to support the expansion…
Automotive Cells Co Explores Battery Manufacturing Plant in North America Amid Growing EV Market
By Derick Munoz
Automotive Cells Co (ACC), a joint venture between Stellantis, Total Energies, and Mercedes-Benz Group, has initiated discussions with officials from…
Four Republican U.S. senators are calling for a reversal of the Biden administration’s decision to waive “Buy America” requirements for…
EVCS Seeks $125 Million Investment to Rapidly Expand EV Charging Network Amidst Federal Push for EV Adoption
By David Smith
California-based electric-vehicle charger operator, EVCS, is seeking a substantial investment of $125 million to fuel its ambitious expansion strategy, as…
First Bus, a public transport provider in the UK, is taking significant steps towards a greener future by embarking on…
New York State is taking significant strides towards promoting electric vehicle (EV) adoption by announcing a $29 million investment in…
Aurora, a leading autonomous technology developer, announced a significant milestone as it secured $820 million in a fresh round of…
China’s Farizon, a manufacturer of electric and hybrid trucks, has successfully secured $600 million in a Series-A funding round, as…
Lion Electric, a manufacturer of electric utility vehicles in North America, has successfully raised $142 million in funding to support…