Browsing: Investment
Momenta Invests in Zeron Truck to Broaden Presence in Electric Commercial Vehicle Sector
By James Bryant
Chinese smart driving technology firm Momenta has invested in Zeron Truck, a domestic startup specializing in electric heavy-duty vehicles, as…
Austrian Post will transition to fully CO2-free delivery operations in Vienna by the end of 2025, using only electric vehicles,…
Gridserve Reports £82.7 Million Loss in 2024, Secures £100 Million to Support EV Network Expansion
By David Smith
Gridserve, a UK-based electric vehicle (EV) charge point operator, reported a pre-tax loss of £82.7 million in 2024, marking its…
Hawaii’s Department of Transportation (HDOT) will deploy new battery-electric buses in four counties as part of a broader effort to…
Lucid CEO Says Brand Still Has Edge Over Chinese EVs in Comfort and Driving Performance
By James Bryant
Lucid interim CEO Marc Winterhoff said the electric vehicle maker maintains a competitive edge over Chinese rivals in ride comfort…
Mangrove Lithium said it plans to build a second refining facility in North America with an annual output capacity of…
Spanish public transport operator EMT Valencia has placed an order for 84 new city buses from MAN Truck & Bus,…
A new global study indicates that autonomous vehicles and robotics are transitioning from experimental technologies to strategic imperatives for businesses…
Italian automation specialist Comau has inaugurated a dedicated dry room laboratory at its headquarters in Grugliasco, aimed at enhancing its…
Milence, the joint venture between Daimler Truck, Traton Group, and Volvo Group, has opened three new charging hubs for electric…
British automaker JLR has partnered with smart EV charging software firm ev.energy to pilot a new charging scheme aimed at…
Hyundai Motor Group may face an annual revenue loss of up to 2.7 trillion won ($1.94 billion) in electric vehicle…
Gridserve has secured £100 million in new equity investment from institutional shareholders TPG Rise Climate, Infracapital and Mitsubishi HC Capital…
Rivian, the electric vehicle manufacturer based in Illinois, said on Thursday it will establish its East Coast headquarters in Atlanta,…
Joby Aviation has expanded its pilot manufacturing facility in Marina, California, doubling the size and output capacity of the site…
Uber is making a significant move into the autonomous vehicle market with major investments in electric vehicle manufacturer Lucid and…
Panasonic has officially inaugurated its new electric vehicle (EV) battery manufacturing facility in De Soto, Kansas, marking the company’s second…
BMW has formed a partnership with Chinese autonomous driving firm Momenta to develop a smart driving system designed specifically for…
Transport Scotland has introduced a £2 million Heavy Goods Vehicle (HGV) Market Readiness Fund to help decarbonise the country’s road…
A significant lithium ore deposit has been confirmed in China’s central Hunan Province, further strengthening the country’s strategic position in…