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Japan and the US reach agreement on critical minerals
Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to ensure secure supplies of strategically important resources. The deal is expected to help electric vehicles using metals...
Venti Technologies Announces $28.8 Million Series A Funding to Automate Global Logistics and Industrial Hubs
Financing led by LG Technology Ventures, with participation from Safar Partners, UOB Venture Management BOSTON & SINGAPORE--(BUSINESS WIRE)--Venti Technologies, a world leader in autonomous logistics for global supply chain and industrial hubs, today announced...
Electric bus fleets: Who has begun to make the transition?
Globally, transport accounts for almost a quarter of carbon dioxide emissions, and road vehicles such as cars, trucks and buses account for nearly 75% of those emissions. The electrification of public transport offers a great opportunity for countries to reach their...
Cabify closes $110 million funding to accelerate its strategic plan for profitable growth and sustainable mobility
● Orilla Asset Management (an investment company owned by Francisco Riberas' direct family), and AXIS, through Fond-ICO Next Tech, among other investors, have participated in the financing round of Spanish multi-mobility company Cabify. Thus, they join in this round...
Velocity Vehicle Group adds 200 Battery-Electric Trucks its commercial truck rental and leasing business
Velocity Truck Rental and Leasing has announced that it will be adding 200 battery-electric trucks including Class 8 Freightliner eCascadia’s and 75 Class 6&7 Freightline eM2’s from Daimler Truck North America to its commercial truck rental and full-service...
The US to award $94.8 million for innovative tech projects
The U.S Transportation Department plans to announce that it is awarding $94.8 million to 59 projects on advanced technology to boost road safety, improve transit reliability and use drones and sensors for transportation projects. Back in 2021, the $1 trillion...
Ford to build all-new BlueOval City complex
Ford has announced that it will be building a $5.6 billion BlueOval City complex outside of Memphis, Tennessee and will include a truck plant capable of producing 500,000 electric vehicles a year. The first vehicle to be produced from the line will be a...
Why should we be recycling our EV batteries?
When an electric vehicle battery reaches the end of its life, this doesn’t mean it’s the end of the road for the battery. The rise in demand for electric vehicles and other various electronic products means that consumers usually dispose of their electronic products...