Browsing: Invest
Stellantis to Invest $155 Million in Indiana Plants to Produce Electric Drive Modules
Stellantis has announced its plan to invest $155 million in three plants located in Kokomo, Indiana. The investment will be…
Evonik, the German chemical company, is set to make its first foray into Asia with a mid-double-digit million euro investment…
Electric vehicle (EV) manufacturer, Tesla, has signed a supply deal worth $2.9 billion with South Korean battery cathode material company…
UK-based electric vehicle manufacturer Arrival has secured up to $50m of new equity capital through the sale of new common…
BASF has teamed up with Tenova Advanced Technologies (TAT) of Yokneam, Israel, to optimize the hydrometallurgical recycling process for its…
Ford has released a teaser video for one of their upcoming electric vehicles (EVs) based on Volkswagen’s MEB platform. In…
Lucid Motors, the luxury electric vehicle (EV) manufacturer, recently released its full 2022 financial results, and it’s not good news.…
Electra Vehicles Secures $21M in Investment Round to Expand its AI-Powered Battery Management Software
Electra Vehicles, a B2B electric vehicle AI software company based in Boston, has raised $21 million in an oversubscribed investment…
Lordstown Motors Faces Setback as Endurance EV Production Paused Amid Voluntary Recall
Lordstown Motors, an Ohio-based electric vehicle (EV) manufacturer, has faced another setback in its journey to bring its Endurance electric…
Mercedes-Benz and Luminar Strike Multibillion-Dollar Deal to Integrate Lidar Technology into Next-Generation Vehicles
Mercedes-Benz has recently made a massive investment in Luminar, a leading manufacturer of lidar technology and software. The “multibillion-dollar” deal…
Lucid Motors, the luxury electric vehicle manufacturer, has released its financial results for Q4 2022 and the full year, disappointing…
Recently, rumors circulated regarding Huawei’s automotive business and its intentions towards some of its current partners. The company was rumored…