Ghent-based MobilityPlus secures €40 million to drive EV charging growth in Belgium and France
MobilityPlus, a Ghent-based provider of EV charging solutions, has raised €40 million in a growth financing round. The funding, led by Suma Capital through its Climate Impact Fund III with additional backing from existing investor Concentra, will fuel MobilityPlus’s expansion…
Feds Announce $355M for 4 Electric Vehicle Battery Projects in Michigan
The U.S. Department of Energy (DOE) announced Friday it’s granting $355 million in federal funding to a series of manufacturing projects in Michigan, all aimed at bolstering production for electric vehicle (EV) batteries and battery components.In a press release, the…
Europe Invests Billions in Battery Recycling to Fuel EV Revolution
Automakers, big and small, are investing heavily in the development of a wide range of electric vehicle (EV) models, as consumer interest in cleaner cars increases. Europe is expected to lead the world in EV uptake, as several countries introduce…
ChargePoint Extends Leadership in NEVI Funded EV Fast Charging Awards
ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced continued leadership in enabling DC fast charging at National Electric Vehicle Infrastructure (NEVI) program funded locations. Two newly opened ChargePoint sites along Interstate 95…
Biden Administration Announces a $1.7 Billion Plan to Juice EVs in America
The White House on Thursday said it would hand out $1.7 billion to help convert closed-down or at-risk auto manufacturing and assembly facilities to make electric and hybrid vehicles. The funding comes as growth in new electric vehicle sales has…
High Valley Transit to Acquire New Electric Buses After $16.2 Million Federal Grant
High Valley Transit announced Wednesday the awarding of $16.2 million in funding from the Federal Transit Administration (FTA) to replace older diesel buses with state-of-the-art, battery-powered electric buses that the transit group said will significantly reduce emissions and improve public…
Toyota Investing in EV Charging Network Ionna
Toyota says it’s investing in Ionna, teaming with seven other automakers to support the company’s implementation of its charging network for battery electric vehicles across North America. The investment announced Wednesday gives Toyota and Lexus customers access to the public…
Supporting EV Charging Infrastructure in Eastern Europe and the Baltic States
The European Bank for Reconstruction and Development (EBRD) is making an equity investment of €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania and Romania. By 2028, it will install and operate 7,400…
California to Get Nearly $64M for EV Charging
California is poised to receive nearly $64 million in federal funding for electric vehicle charging and infrastructure. U.S. Rep. Zoe Lofgren (D-CA) announced on Tuesday that the U.S. Department of Transportation’s Federal Highway Administration (FHA) will distribute $63,702,988 to the…
Carmaker Alliance Announces Huge Investment in EVS
Car giants Renault, Nissan and Mitsubishi Motors are to invest billions of pounds in electric vehicles over the next few years, they announced on Thursday. The alliance of three carmakers said they will jointly launch 35 new electric vehicles over…
