Tag: investment
UK’s Advanced Propulsion Centre grants funding to five new sustainable transport projects
Five UK-based projects on sustainable transport have been granted funding through the Advanced Propulsion Centre (APC)'s Academic Advisory Group and the UK's Department for Business and Trade.These so-called 'Feasibility Sprint' projects are designed to...
MobilityPlus raises €40 million in growth financing for fleet smart charging solutions
MobilityPlus secured €40 million from Suma Capital and Concentra to expand EV charging solutions in Belgium and France.The investment will support growth, including Charging-as-a-Service (CaaS) projects and technology enhancements.IMPROVED acted as the financial advisor,...
UK EV transition could boost economy by £16bn by 2035
The UK automotive sector could increase its economy by £16.1 billion by 2035 through rapid EV transition.The report predicts a £50 billion gap: a quick BEV transition could create 167,000 jobs by 2035.Urgent government...
Zeti secures £5 million funding from HYCAP Group to extend its emobility finance solutions
Zeti secures £5 million from HYCAP Group to expand its clean transport fintech solutions.Funding will enhance Zeti Hub’s TaaS model, featuring pay-as-you-use options and real-time sustainability reporting.This partnership aims to meet rising demand for...
The New Zealand Government continues $2.6 billion investment in emobility and climate initiatives
New Zealand is on track to meet emissions reduction goals for the first Emission Reduction Plan period.The Government will consult on the second Emissions Plan for 2026-2030.The Emissions Trading Scheme (ETS) is central to...
VinFast founder powers global expansion with EV charging initiative
Pham Nhat Vuong launches V-Green, an EV charging station company, supporting VinFast globally.V-Green prioritises establishing charging networks in key VinFast markets.Vuong's £404 million investment underscores dedication to the global emobility transition.Pham Nhat Vuong's V-Green...
Ford expands EV testing facilities in the UK with £24 million investment
Ford invests £24 million in Dunton's Propulsion Development Lab, expanding its UK HQ for EV testing.Minister Browne MP inaugurates lab, highlighting its role in testing E-Transit Courier and other EV programs.Ford's £70 million investment...
Illinois is powering tomorrow’s drive, leading the American charge
Illinois powers up with a 60% surge in EV registrations, signalling a shift toward sustainable mobility - mandate-free.Illinoisans snap up the $4,000 rebate offer, fuelling EV purchases and highlighting growing demand.With an investment of...
New Jersey to force car makers into the green lane with its new ZEV quota
New Jersey sets the wheels in motion, mandating a 43% Zero Emission Vehicle (ZEV) share for manufacturers' new vehicle sales by 2027.Quota will continue to drive up, racing towards 100% by 2035, reshaping the...
Powering tomorrow: UK Government unveils bold blueprint for EV battery revolution
The UK Government has sparked a plan with an EV battery strategy to amp up the supply chain for zero-emission vehicles.The plan channels £2 billion of funding over the next five years (until 2030)...
UK start-up secures £23 million in funding for rare earth and copper-free sustainable EV motor
UK startup AEM secures £23 million for rare earth and copper-free sustainable EV motor.Funding led by Legal & General Capital and Barclays Sustainable Impact Capital.AEM's rare earth-free motors in electric buses, new funds advance...
Hyundai commits to emobility with $1.5 billion plant in South Korea
Hyundai invests $1.52 billion in a new EV plant in Ulsan, South Korea, targeting mass production by Q1 2026.Committed to sustainability, Hyundai plans 31 EV models by 2030 and stays resilient amid industry changes.Ulsan...
London Ambulance Service Decarbonises in Style with a Fleet of 42 Mustang Mach-E Electric Vehicles
London Ambulance Service (LAS) is leading the charge towards eco-friendly healthcare by investing £31m in a decarbonisation program that includes the UK's largest fully electric Fast Response Unit fleet.The fleet comprises 42 electric...
EZ-Charge signs deal with Mobility Werk Group to help build Malaysia’s electric vehicle (EV) charging network
EZ-Charge’s hardware and software will become central to Malaysia’s rapidly expanding EV ecosystem
Volta Trucks confirms €240 million (£200 million/$260 million) of Series C funding as it prepares the all-electric Volta Zero for production
Latest capital raise will fund all the company until after the start of series production of the 16-tonne fully-electric Volta Zero
Electric Assisted Vehicles (EAV) completes funding round to scale up production
Leading ecargo and urban micro-mobility manufacturer accelerates growth plan based on rising market demand
Iduna enlists EY to raise £100 million for electric vehicle (EV) charging expansion in the North of England
Aim is to build a dense and unified network of destination chargers and on-the-go hubs to encourage the transition to electric cars
Volvo Cars and Northvolt accelerate shift to electrification with new battery plant in Gothenburg, Sweden
New plant, which is due to open in 2025, will create 3,000 new jobs
General Motors (GM) aim to lead the electric vehicle (EV) industry in the US with a $7 billion investment in Michigan
By the end of 2025, GM will have an electric vehicle capacity of more than a million in North America
Bentley announces its first electric car and commits to investing £2.5 billion on sustainability
The luxury brand will deliver its first electric vehicle in 2025
Stellantis completes investment round in Factorial Energy accelerating its electrification push
Funding will help scale global commercialisation of Factorial’s solid-state battery technology that offers a greater driving range than today’s lithium-ion technology
Tritium announces completion of business combination with Decarbonization Plus Acquisition Corporation II
Deal will allow Tritium to further its growth in providing fast charging hardware and software to electric vehicles (EVs)
ALD announces the signing of a memorandum of understanding to acquire LeasePlan
The acquisition will create a leading global player in mobility and help the transition to cleaner electric vehicles (EVs)
IMPROVED Corporate Finance announces its renewed strategy and is excited to further expand its expertise in technology, energy and mobility
The global corporate finance leader has been instrumental in some of the largest global deals, mergers and collaborations in the e-mobility and energy transition space in recent years