Browsing: Investment
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 Secures $100 Million From IFC To Expand Electric Bus Fleet In India
By Michael Khan
JBM Ecolife Mobility, a subsidiary of Indian bus maker JBM Auto, has raised $100 million (€85 million) from the International…
Stelato, the electric vehicle (EV) brand jointly created by Huawei and Beijing Automotive Group (BAIC), said it will invest RMB…
Ford Motor is prioritizing flexibility in its electric vehicle battery strategy as the industry continues to test and scale new…
Fortescue is stepping up its decarbonisation strategy by investing heavily in zero-emission mining equipment, with executives and analysts pointing to…
The U.S. auto industry is facing sweeping changes in 2025 after the Trump administration eliminated federal tax credits for electric…
Slovak battery manufacturer InoBat has secured a €54 million ($58 million) grant and a €456,000 loan to build a battery…
The Government of Newfoundland and Labrador will provide CAD 3.8 million ($2.8 million) to expand the province’s electric vehicle (EV)…
The European Commission is holding firm on its 2035 target to end sales of new combustion engine cars, despite lobbying…