Browsing: Investment
China’s Contemporary Amperex Technology Co. Limited (CATL) and EACON, a domestic developer of autonomous haulage solutions, have signed a strategic…
U.S. chip manufacturer Nvidia is reportedly developing its own robotaxi platform and could reveal the project soon, according to sources…
AUMOVIO to Invest $110 Million in Texas Plant Expansion to Boost ADAS and Autonomous Tech Production
By Ivan Popov
AUMOVIO, the newly independent mobility technology company spun off from Continental, said it will invest $110 million to expand its…
British autonomous driving technology firm Wayve has reported strong results from the deployment of its AV2.0 Embodied AI system, demonstrating…
Chinese automaker Changan said it will begin exporting electric vehicles from its manufacturing plant in Thailand to Europe in December,…
The United States and Abu Dhabi governments will jointly invest $1.8 billion with private equity firm Orion Resource Partners to…
Volkswagen Group is preparing deeper cost-cutting measures to strengthen its financial position, with executives targeting savings of up to 12…
Chinese battery manufacturer Sunwoda has launched a new generation of polymer all-solid-state batteries, adding momentum to China’s push toward commercializing…
Italy has introduced a new round of state-backed incentives to encourage the adoption of electric vehicles, offering up to €11,000…
Amplify Cell Technologies, the joint venture between Accelera by Cummins, Daimler Truck, and Paccar, has postponed the launch of battery…
UK-based electric motor manufacturer Yasa, a subsidiary of Mercedes-Benz, has achieved an unofficial new world record for electric motor power…
Electron, a provider of energy flexibility marketplaces, has agreed to acquire Rhythmos.io, a company specializing in distributed energy resource (DER)…
Wallbox has expanded its U.S. residential pilot for bidirectional charging, partnering with Bidirectional Energy to roll out a program reaching…
DS Penske has revealed its DS E-TENSE FE25 electric race car for Season 12 of the ABB FIA Formula E…
Redwood Materials, a U.S. battery recycling and materials manufacturing company founded by former Tesla Chief Technology Officer JB Straubel, has…
Enedym Inc., a Canadian developer of next-generation switched reluctance motors (SRMs) and electric powertrains, has received a strategic investment from…
Avride Secures $375 Million Backing from Uber and Nebius Group to Scale Self-Driving Tech
By Jackson Han
Avride announced it has secured up to $375 million in new strategic investments and commitments from Uber Technologies and Nebius…
Toyota has opened orders for its upgraded 2026 bZ electric SUV, which introduces more driving range, new styling, a built-in…
Tesla reported record quarterly revenue but missed Wall Street profit expectations for the third quarter of 2025, as the electric…
Indonesian nickel mining and processing firm Anugrah Neo Energy Materials is preparing an initial public offering (IPO) to raise more…