Browsing: Investment
Indian electric two-wheeler startup Oben Electric has successfully raised ₹500 million (approximately €5.6 million) in its Series A funding round.…
Mahindra has inaugurated a new electric vehicle (EV) production and battery assembly plant in Chakan, Maharashtra, marking a key step…
The insolvent German engineering firm Manz AG, known for manufacturing battery production systems, is seeking a strategic investor to acquire…
Fribourg’s public transport operator, TPF, has placed an initial order for 24 Mercedes-Benz eCitaro electric buses, with the potential to…
The State University of New York (SUNY) will receive $15 million in federal funding to install up to 350 electric…
Serve Robotics has raised $80 million through a direct offering of 4.2 million shares of common stock, securing additional capital…
Hyundai Motor Group announced plans to increase its domestic investment by 19% to a record 24.3 trillion won ($16.65 billion)…
Rolls-Royce Motor Cars has revealed plans to invest over £300 million to expand its Goodwood manufacturing facility, a move that…
Hyundai’s new president and CEO, Jose Munoz, has downplayed any concerns over Elon Musk’s close relationship with former President Donald…
Rolls-Royce has announced its 2024 sales results, revealing a slight decline in units sold compared to the previous two years,…
The U.S. Department of Transportation (DOT) has allocated $122.9 million to California to enhance electric vehicle (EV) charging and hydrogen…
Stockholm-based electric vehicle battery maker Northvolt announced on Wednesday that its shareholders voted to continue operations, providing the company with…
Japanese trading house Marubeni has invested $5 million in British electric vehicle battery recycler Altilium to help scale up its…
Aurora Innovation’s shares jumped 35% on Tuesday after the self-driving technology developer announced a significant long-term partnership with Nvidia and…
Public transport operator EMT Valencia has secured a €69 million loan from the European Investment Bank (EIB) to purchase 145…
Trucks Venture Capital (Trucks VC), co-founded by Reilly Brennan, is setting out to invest in the next wave of early-stage…
Mazda has announced plans to construct a new battery module and pack production facility in Iwakuni, Japan, with an annual…
Tesla Completes Shanghai Megafactory for Megapack Production, Set to Begin Output in 2025
Tesla has completed construction of its Megapack grid-scale battery factory in Shanghai, China, marking the company’s second such facility and…
Just days after facing liquidation, German eVTOL startup Lilium Aviation has announced a lifeline investment deal that could revive its…
Volocopter Files for Insolvency Amid Financial Struggles and Search for Additional Funding
Volocopter GmbH, an air taxi start-up backed by Mercedes-Benz and Honeywell, filed for insolvency proceedings on Monday, citing its inability…