Browsing: Investment
British car production fell for the sixth consecutive month in August, a period typically marked by reduced output due to…
Liquidators for the electric vehicle division of China Evergrande Group (3333.HK) are currently in negotiations with a potential buyer to…
Piersica has secured a $1 million Phase II grant from the National Science Foundation (NSF) through its Small Business Innovation…
Fisker Ocean owners are relieved to learn that 23 service locations across the U.S. and Canada have been confirmed for…
Investment firm Monroe Capital LLC announced plans to establish a $1 billion fund aimed at supporting smaller auto suppliers as…
Leapmotor Launches C10 and T03 in Over 10 European Countries, Expands Global Presence with Stellantis JV
Leapmotor has officially entered the European market with the launch of its C10 and T03 electric vehicle models on September…
Italian fast-charging station manufacturer Alpitronic has officially launched its US headquarters in Charlotte, North Carolina, marking a pivotal step in…
The U.S. Department of Energy (DOE) has announced more than $3 billion in grants for 25 projects aimed at enhancing…
Stellantis, the parent company of Chrysler, announced plans to invest more than $406 million across three facilities in Michigan to…
Automotive supplier ZF has announced plans to produce two additional electric passenger car axle drives at its Saarbrücken facility in…
The Portuguese energy supplier Galp, in collaboration with BMW and BeePlanet, has launched a stationary energy storage system in Madrid…
Tesla has reportedly shelved its plans to establish a manufacturing facility in Thailand, opting instead to concentrate on expanding its…
Lucid has announced its financial results for the second quarter of 2024, revealing revenue of $200.6 million, surpassing Wall Street…
The London Electric Vehicle Company (LEVC), known for its iconic London taxis, has received a £120 million capital infusion from…
Tesla is planning to expand its factory in Grünheide, Germany, but the timing of the billion-euro investment remains uncertain as…
Wallbox has received a $45 million investment aimed at ramping up production and increasing sales, particularly in the North American…
Leapmotor International, a joint venture between Chinese electric vehicle (EV) maker Leapmotor and Stellantis NV, has started shipping Leapmotor C10…
Belgian materials technology and recycling group Umicore has announced it will review and suspend its investment in a planned cathode…
LG Energy Solution (LGES) and General Motors (GM) have decided to decelerate the construction of their joint battery plant in…
Waymo, the self-driving taxi unit of Alphabet Inc., has secured a $5 billion investment from its parent company, as announced…