Browsing: Investment

UK-based battery startup Echion Technologies and Brazilian niobium specialist CBMM have inaugurated a groundbreaking plant in Araxá, Brazil, set to…

China’s electric vehicle (EV) leader, BYD, is continuing its aggressive international expansion, with plans to build a new manufacturing plant…

Canada will not be making further investments in Northvolt, the Swedish electric vehicle battery maker, following its bankruptcy filing in…

Ford has announced plans to reduce its European workforce by approximately 4,000 employees by 2027, with 2,900 of the cuts…

Chinese electric vehicle (EV) maker Xpeng expects to reach breakeven by late 2025, driven by robust demand for its new…

Nio, the Chinese electric vehicle (EV) maker, reported third-quarter revenue below analysts’ expectations but achieved record vehicle deliveries and an…

The University of Warwick has teamed up with charging infrastructure company Zest to install 78 electric vehicle (EV) charging points…

The BMW Group has officially launched the initial phase of its new battery testing center in Wackersdorf, Germany, a year…

The Swedish government has no plans to take an ownership stake in Northvolt, the lithium-ion battery maker facing financial challenges,…

Penske Truck Leasing is ramping up its commitment to renewable energy by integrating rooftop solar systems across its U.S. facilities,…

Enwin Utilities, based in Windsor, Ontario, has added a dozen new electric vehicles (EVs) to its fleet, including a cutting-edge…

Karl Iagnemma, a prominent figure in the autonomous vehicle (AV) industry, has been appointed CEO of Vecna Robotics, a Massachusetts-based…

Neta Auto, a subsidiary of Hozon Auto, has secured critical backing from the Nanning Industrial Investment Group as it undertakes…

Swedish truck manufacturer Scania is in discussions with various battery cell producers to secure supplies for its future electric vehicle…

First Bus has achieved a significant milestone in its transition to electric vehicles in Leeds, with the final installment of…

tozero, a European startup focused on lithium-ion battery recycling, has secured €11 million in an oversubscribed seed round, led by…

Rivian saw its shares jump over 13% in premarket trading on Wednesday after securing a $5.8 billion investment from German…

Ceer, a joint venture between Foxconn and Saudi Arabia’s Public Investment Fund (PIF), has announced a partnership with Croatian supplier…

Hertz Global Holdings revealed during its Q3 Earnings Call on Tuesday that it continues to grapple with financial impacts from…

JW Lees, the UK-based brewer and pub operator, has partnered with charge point operator Be.EV to install ultra-rapid EV charging…