Tag: investment

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
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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

Electric truck manufacturer Volta Trucks expands UK R&D capabilities amid ambitious recruitment drive

Electric Vehicle (EV) company looking to employ up to 130 new personal by the end of 2021

Ford announces massive investment into a new site to build the F-150 Lightning electric vehicle (EV) and three new battery gigafactories

The $11.4 billion investment is expected to create nearly 11,000 new jobs in Stanton, Tennessee and Glendale, Kentucky

Lightyear, who are developing the world’s first long-range solar car, reaches $110 million (€93 million) funding milestone in 2021 YTD

Latest Lightyear One prototype drove 440 miles (710km) on a single charge

Volta Trucks confirms €37 million (£31.5 million/$43.5 million) of Series B funding for its Volta Zero electric truck

Volta Zero pre-orders pass 2,500, with an order value exceeding €600m (£511 million/$706 million)

General Motors (GM) increase their investment to $35 billion in autonomous and electric vehicles (EVs) through 2025

GM, along with Ford and Stellantis, announce shared aspiration to achieve 40-50% of annual electric car sales in the US by 2030
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