Tag: funding
The Biden administration pumps $1.7 billion into US EV production plants
The Biden administration is granting $1.7 billion to boost electric vehicle manufacturing in eight key battleground states.Major carmakers like GM and Fiat Chrysler will use funds to create and retain thousands of union jobs.These...
Ekoenergetyka secures €170 million funding to expand its charge point portfolio across Europe
Ekoenergetyka S.A. secures a €170 million loan from Bank Pekao S.A. for European market expansion.New production line launch aims to enhance efficiency and quality with plans for automation.Advanced charging solutions like Axon Easy 400kW...
Fuuse gains £8.7 million in Series A funding, boosting infrastructure rollout across the UK
Fuuse secures £8.7M Series A funding led by YFM Equity Partners for EV charging revolutionRemarkable 400% growth in past year; serves 750+ clients and 70,000+ usersInnovating with bi-directional charging, V2G, Fuuse poised for global...
EnviroSpark secures $50 Million EV charging infrastructure investment
EnviroSpark secures $50 million investment from Basalt Infrastructure PartnersInvestment fuels expansion of EV charging network, enhancing accessibility and efficiencyStrategic partnership poised to drive adoption of sustainable transportation solutionsIMPROVED Corporate Finance has helped EnviroSpark to...
Polestar secures $950 million financing to expand EV live-up and sustainable practices
Polestar secures $950M from global banks, including BNP Paribas and Standard Chartered.Geely Sweden Holdings pledges continuous support and future financing participation.Strategic expansion, efficiency measures, and shareholder restructuring position for growth, aiming for 2025 targets.Polestar...
Polestar welcomes Geely as a potential new backer as Volvo steps back
Polestar anticipates growth with a 2024 product lineup and potential investment from Geely.Volvo considers adjusting Polestar shares while cutting funding, remaining a strategic partner.Challenges persist, and Polestar seeks additional funding from Geely amid promising...
Monta secures €80 million to fuel EV charging expansion
Monta Series B funding hits €80M, totaling €130M in three years.The investment targets workforce expansion, R&D, and partner network growth for EV adoption.Goals include an 80% increase in UK charge points and a 130%...
Eatron Technologies secures significant funding for AI-powered battery software
A2 Series Funding round fuels Eatron Technologies in advancing AI-powered battery software.Investment from LG Technology Ventures, MMC Ventures, 100th Year VC, and Türkiye Development Fund.Accelerates global expansion and development amid the automotive industry shift...
Innovate UK fuels battery tech advancements with £1.5 million funding opportunity
Innovate UK announces £1.5 million funding for UK battery SMEs via UKBIC SME Credit Round 2.Up to 45% cost coverage available; SMEs must demonstrate innovation readiness and strategic engagement with UKBIC.Single application allowed, emphasizing...
COP 28: “Forget ambitious targets, we need meaningful actions on zero emission trucks” says Tevva
Tevva delivers important messages at COP 28, challenging global leaders to step up their game in the zero-emission vehicle revolution.The company makes no apologies for calling out the government - loud and clear -...
