Investment News

Investment New projects Track My Ride

4 days ago

Federal Government Announces $2.7B Infrastructure Investment

The Federal Government will invest an additional $2.7 billion in critical road and rail infrastructure projects to enhance national productivity and safety.

Infrastructure Magazine

12 days ago

GM Withdraws Investment from Cruise Autonomous Vehicle Division

General Motors will cease funding Cruise, focusing instead on driver-assistance technologies, amid significant operating losses and a strategic business restructure.

Cruise GM Investment

Splend Secures $300 Million to Expand Electric Fleet

Splend raises $300 million to enhance its electric vehicle fleet, targeting growth to 10,000 vehicles by 2025 as it enters the UK market.

Fleet Investment

The Driven

iGoWise Commits INR 100 Crores to R&D Initiatives

iGoWise Mobility allocates INR 100 crores for R&D over three years, targeting advancements in deep tech and urban mobility solutions in alignment with national policies.

EV Investment R&D

EU Invests €3bn to Enhance Battery Manufacturing Sector

The EU and EIB announce a €3bn funding initiative to strengthen the battery manufacturing value chain, aiming at sustainability and competitiveness in the energy sector.

Batteries EV Investment Manufacturing New projects JVs R&D

Germany Initiates $2.1 Billion Investment in Chip Industry

Germany’s Economy Ministry invites semiconductor firms to apply for subsidies aimed at enhancing local production capacities within the framework of the European Chips Act.

Investment Manufacturing

Batteries Chargepoints Investment

Eecomobility Secures Seed Funding for Battery Testing Technology

Eecomobility has secured seed funding led by RiSC Capital to advance its EECOPower software for testing lithium-ion batteries across various industries.

India to Invest $1.1 Billion in Battery Manufacturing

The Indian government plans to invest ₹90 billion to boost domestic battery component production for clean energy and electric vehicles, amid growing market demand.

Batteries EV Investment

Cactus Partners Completes $1.2 Million Investment in ParkMate

Cactus Partners has finalised a $1.2 million investment in ParkMate, targeting growth in India's smart parking solutions sector to enhance operational efficiency.

3 weeks ago

Exide Industries Invests in Electric Vehicle Battery Unit

Exide Industries has invested ₹99.99 crore in Exide Energy Solutions, increasing its ownership to 100% as it develops battery manufacturing for electric vehicles.

Batteries Investment

Investment Rewire Security

3 weeks ago

Hitachi Rail and Invest Ontario Commit C$100m to Upgrades

Hitachi Rail and Invest Ontario announce over C$100m investment for CBTC technology upgrades, creating jobs and enhancing urban rail efficiency.

CiTTi Magazine

3 weeks ago

Uber Plans Investment in Pony.ai's IPO

Uber intends to invest over $10 million in Pony.ai's IPO, potentially integrating the firm's technology for autonomous taxis beyond the US market.

AI AVs Investment JVs Pony.ai R&D

Batteries EV Investment Manufacturing

4 weeks ago

US Department of Energy Invests $70.8M in EV Sector

The US Department of Energy announces a $70.8 million investment to enhance EV battery recycling and manufacturing processes, supporting sustainable growth and innovation.

4 weeks ago

Vecmocon Secures INR 83 Crore in Series A Funding

Vecmocon Technologies has raised INR 83 crore in a Series A funding round, aimed at enhancing electric vehicle technology and expanding its product offerings.

EV Investment

Investment Manufacturing R&D

4 weeks ago

Mushin Innovative Labs Raises $250K in Seed Funding Round

Mushin Innovative Labs has raised $250K to enhance sales, marketing, and R&D, aiming to strengthen its position in automotive manufacturing compliance solutions.

Volkswagen Increases Investment in Rivian to $5.8 Billion

Volkswagen raises its joint venture investment in Rivian to $5.8 billion, contingent on achieving specific milestones for project success and financial growth.

EV Investment Manufacturing JVs Rivian

CNBC

Volkswagen Increases Investment in Rivian to $5.8 Billion

Volkswagen has escalated its investment in Rivian to $5.8 billion through a joint venture aimed at developing electrical architecture and software systems for future vehicles.

Investment JVs R&D Rivian Volkswagen

Green Car Reports

Investment Manufacturing JVs Rivian Volkswagen

Rivian and Volkswagen Expand Joint Venture to $5.8 Billion

Rivian and Volkswagen have announced a joint venture valued at $5.8 billion, with initial VW electric models expected by 2027.

CNBC

Investment Rivian Volkswagen

Rivian and Volkswagen Launch $5.8 Billion Joint Venture

Rivian and Volkswagen establish a joint venture valued at $5.8 billion, focusing on next-generation electric vehicle technologies and software integration.

Inside EVs

TDK Ventures Appoints Investment Team for India Office

TDK Ventures has announced its India Investment Team to focus on supporting local entrepreneurs and facilitating the growth of deep-tech startups from Bengaluru.

Mitsubishi Chemical Invests in Boston Materials' Technology

Mitsubishi Chemical's Diamond Edge Ventures invests $13.5 million in Boston Materials to develop Z-axis carbon fibre technology for various industrial applications.

EV Investment

Forge Nano Secures $10 Million Investment from GM Ventures

Forge Nano has acquired a $10 million investment from GM Ventures to advance its battery coating technology and enhance performance for electric vehicle applications.

Batteries GM Investment

Bajaj Finance Secures $400 Million Loan from IFC for EVs

Bajaj Finance receives a $400 million loan from IFC to enhance climate finance accessibility for electric vehicles and support women-owned microenterprises.

Bajaj EV Investment

Batteries Chargepoints Investment Rewire Security

EU Requires €39bn Annually for Green Public Investment

A study indicates that Europe must redirect €39bn annually towards green transport investments to meet carbon reduction targets and support sustainable infrastructure.

CiTTi Magazine

General Motors Invests in Lithium Americas Joint Venture

General Motors has committed $625 million to a joint venture with Lithium Americas for the Thacker Pass lithium project, enhancing its electric vehicle material supply chain.

GM Investment

Batteries EV Investment New projects

Toyota Increases Investment in Joby Aviation Partnership

Toyota has announced an additional €460 million investment in Joby Aviation to advance electric air taxi development and enhance urban mobility solutions.

Investment Toyota

ERTICO

7 weeks ago

US Department of Energy Allocates $45m for EV Battery Recycling

The US Department of Energy announces $44.8m funding for projects enhancing EV battery recycling efficiency and cost reduction, supporting a sustainable supply chain amid rising EV demand.

GFCL EV Raises INR 1,000 Crore for Battery Expansion

GFCL EV Products Ltd secures INR 1,000 crore to enhance its battery operations, aiming to capitalize on the growing electric vehicle market and energy storage needs.

Batteries EV Investment

Pony AI Establishes European R&D Centre in Luxembourg

Pony AI inaugurates a European R&D centre in Luxembourg, partnering with Emile Weber to advance autonomous vehicle technologies across Europe.

AVs Investment JVs R&D

CnEVPost

ABAX Launches Next-Generation Software After Major Investment

ABAX has unveiled a significant update to its software following an investment of 11 million Nok, enhancing user experience and operational efficiency for its clients.

ABAX Investment

ABAX

Batteries GM Investment Traxall International

GM Ventures Invests $10 Million in Forge Nano Partnership

GM Ventures has invested $10 million in Forge Nano to enhance battery technology through atomic layer deposition for improved performance and cost efficiency in electric vehicles.

Automotive Powertrain Technology International

EIB Provides €34 Million Loan to Vay for Teledriving Services

The European Investment Bank supports Vay’s expansion in Europe with a €34 million loan, facilitating the development of teledriving technology for car-sharing services.

Investment JVs R&D

LG Technology Ventures Invests $10 Million in Liminal

Liminal secures $10 million investment led by LG Technology Ventures to enhance its battery inspection systems, improving production quality for manufacturers.

Batteries Investment

EIT InnoEnergy Welcomes Boryszew Group as Shareholder

EIT InnoEnergy has secured Boryszew Group as a new shareholder to enhance clean technology efforts and support strategic industrial transformation in Europe.

Investment JVs

GM Invests $625 Million in Lithium Americas Joint Venture

General Motors forms a joint venture with Lithium Americas, investing $625 million for lithium mining in Nevada to strengthen its electric vehicle supply chain.

EV GM Investment JVs

CNBC

Stryten Energy Invests in REVKIT Platform Expansion

Stryten Energy invests in REVKIT to enhance its automotive aftermarket presence, connecting enthusiasts with customisation products and expanding the platform's offerings.

EV Investment

Businesswire

Toyota Allocates $500 Million to Joby Aviation Investment

Toyota Motor's $500 million investment in Joby Aviation aims to support the development and certification of electric air taxi production, enhancing their mobility strategy.

Investment Toyota

Urja Mobility Raises INR 100 Cr for EV Battery Leasing

Urja Mobility has secured INR 100 Cr in funding to enhance operations and expand its EV battery leasing model, targeting retail growth in Tier II and III cities.

Batteries EV Investment

Western Australia Government Funds Port Technology Upgrades

The Western Australian Government is investing $17.4 million in operational technology upgrades for southern ports to enhance trade capabilities and efficiency.

Investment Track My Ride

Infrastructure Magazine

Go Ahead Allocates £500m for Electric Bus Fleet Decarbonisation

Go Ahead's £500m investment aims to produce 1,200 zero-emission buses, supporting UK manufacturing jobs and enhancing transport sustainability across multiple regions.

Durite Investment

CiTTi Magazine

Investment Manufacturing Toyota

Toyota Invests $500 Million in Joby Aviation for eVTOL

Toyota increases its investment in Joby Aviation to $894 million, supporting the development of electric air taxis and strengthening collaboration over nearly seven years.

The Driven

11 weeks ago

J.B. Hunt and UP.Labs Launch Logistics Technology Incubator

J.B. Hunt and UP.Labs are establishing a technology incubator focused on FreightTech innovation for logistics startups over the next three years.

Investment JVs

Freightwaves

11 weeks ago

Equinix Establishes $15 Billion Joint Venture for Data Centres

Equinix, GIC, and CPP Investments announce a $15 billion investment to develop AI-focused data centres in the US, adding over 1.5 gigawatts of capacity.

Investment JVs

RCR Wireless News

11 weeks ago

Construction Initiated for New Manitou Welding Plant

Manitou Group begins building a welding plant to enhance production capabilities for aerial work platforms, part of a €60 million investment strategy.

Investment Manufacturing

Manitou

12 weeks ago

The Business Booster 2024: Sustainable Energy Event in Barcelona

The Business Booster 2024 will convene industry leaders to discuss sustainable energy innovation and foster important connections across the energy value chain.

12 weeks ago

UK Government Allocates £10bn to Semiconductor Sector

The UK announces £10bn funding to support semiconductor firms, aiming to enhance innovation and strengthen domestic manufacturing within the growing industry.

Investment Manufacturing

12 weeks ago

inDrive Reaches 5 Billion Deals Milestone Globally

inDrive has completed 5 billion deals, marking a significant advancement in its global operations across various urban service sectors since its inception in 2012.

Businesswire

13 weeks ago

Sateliot Secures €10m from Global Portfolio Investments

Sateliot raises €10 million in Series B funding to expand its NB-IoT satellite constellation, aiming for 100 satellites by 2028, with significant interest from Spanish investors.