Browsing: Investment

Shangjie, the new automotive brand jointly developed by Huawei and SAIC Motor, launched its first model, the H5 SUV, on…

NJ Transit has approved the purchase of 286 new buses, including 26 battery-electric models, in what the public transport operator…

Norfolk County Council and First Bus said they will invest £13.8 million to bring 24 new electric double-decker buses into…

Nvidia is considering a $500 million strategic investment in British self-driving technology company Wayve as part of its broader pledge…

Illinois said it will invest $18.4 million to build 25 new electric vehicle charging stations along interstate highways, after federal…

Nio said it will start trial operations of its first fifth-generation battery swap stations in China by the end of…

Berkshire Hathaway, led by Warren Buffett, has sold its remaining stake in Chinese electric vehicle maker BYD, ending a 17-year…

Scout Motors said it will invest $300 million to build a new Supplier Park next to its production center in…

Porsche AG said on Friday it will delay parts of its electric vehicle rollout, citing weaker demand, trade pressures in…

WeaveGrid, a US-based software company specializing in electric vehicle (EV) and grid integration, said it has received a strategic investment…

The New Jersey Department of Environmental Protection (NJDEP) said it will provide $20 million in grants through two programs aimed…

Canadian startup Beachman Motor Company said it has secured national and international motorcycle manufacturing licenses and launched its first road-legal…

Stellantis is expanding its activities in high-voltage battery repurposing, also known as second-life batteries, as part of its commitment to…

California has awarded $1.1 million to New York-based charging startup It’s Electric to develop what could be the world’s first…

The European Commission and nine EU member states have officially launched the “Clean Transport Corridor” initiative, a cross-border project to…

BMW is pressing ahead with its €10 billion Neue Klasse programme, calling it the company’s most important initiative in decades…

Nio has raised $1.16 billion through its latest share offering, with underwriters fully exercising their over-allotment option, underscoring strong market…

The FIA has entered a multi-year agreement with Extreme H to establish the first hydrogen-powered World Cup in motorsport, positioning…

Tellus Power Globe Holding Limited has introduced two new 600kW DC fast charging systems aimed at reducing ownership costs and…

JBM Ecolife Mobility, a subsidiary of Indian bus maker JBM Auto, has raised $100 million (€85 million) from the International…