Globally, electric vehicle finance is growing rapidly. In 2022, the market size was USD 28bn and is expected to reach USD 100bn by 2030. The main factors driving the growth of the market are government incentives, increasing environmental awareness, and declining battery prices.
NETHERLANDS, 13 July 2023: Rocsys, the leading provider of autonomous charging solutions for electric transportation, has secured USD 36.8m (€33m) in Series A funding. The round was led by SEB….
AUSTIN, 10 July 2023: Tesla Inc stock has been on a tear in 2023, and one analyst believes it could still have more room to run. Bank of America analyst….
ALBUQUERQUE, 8 July 2023: A new battery technology developed by Flow Aluminum, Inc, a company based in New Mexico, is gaining attention for its superior performance and eco-friendly features. The….
TAMIL NADU, 8 July 2023: The Government of Tamil Nadu has announced that it expects to receive approximately 35% of all Electric Vehicle (EV) investments in India until 2030. This….
CALIFORNIA, 7 July 2023: The Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE) Project, funded by the California Energy Commission and administered by CALSTART, is offering up to USD 25m….
CANADA, 5 July 2023: taq Automotive Intelligence (taq), a Canadian-based firm specializing in automotive retail technology, and VinFast Canada, an electric vehicle manufacturer, have announced a partnership to deliver a….
LONDON, 30 June 2023: bp ventures, the investment arm of bp, has invested USD 8.15m in Service4Charger GmbH, a Berlin-based provider of EV charging infrastructure. The investment is part of….
CALIFORNIA, 28 June 2023: Resonate Blends Inc, a California-based company that invests in and develops sustainable technologies, has entered into a definitive agreement to acquire Pegasus Specialty Vehicles LLC, a….
USA, 28 June 2023: Mullen Automotive Inc, an emerging electric vehicle (EV) manufacturer, has announced an investor financing moratorium for the remainder of 2023. The company assures that it has….
INDIA, 26 June 2023: The Punjab government has announced an INR 300 crore incentive scheme to promote the adoption of electric vehicles (EV) in the state. The scheme will cover….
