ENAPI, a connectivity platform for the EV charging industry, has closed a 7.5-million-euro ($8.1-million) seed funding round led by Voyager Ventures. The new financing round, combined with a $2.7-million pre-seed round completed 10 months ago, brings the company’s total funding to $10.8 million. ENAPI will use the new funding to fast-track its plans to become … Continue reading “ENAPI raises 7.5 million euros in seed funding for its EV charging connectivity platform”
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Ati Motors, a Bangalore, India-based artificial intelligence (AI) and autonomous robotics company, recently raised $20 million in a Series B funding round. The round was led by Walden Catalyst Ventures and NGP Capital and included participation from numerous current investors including True Ventures. The company will use the new funding to boost product development and … Continue reading “Industrial electric robot startup Ati Motors raises $20 million in Series B funding”
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Last week’s U.S. Department of Transportation (DOT) announcement placing a freeze on the federal government’s EV charging infrastructure program has already prompted responses from a range of industry interests—including at least one that counts automakers among its membership. In a statement first reported by Reuters, the Electric Drive Transportation Association (EDTA) asked the Trump administration … Continue reading “Automakers want Trump DOT to restart EV charger funding”
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Consulting firm TRC has made a name for itself in the clean trucking space both for managing the ACT Expo and helping commercial fleets navigate the increasingly complex world of ZEV incentives. This week, the company reached a major milestone: $2 billion in funding! Over the last few years, GNA (which was acquired by TRC … Continue reading “Milestone: TRC reaches $2 billion in commercial ZEV funding”
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DOT to review $7.5B federal EV charging program, funded with 2021 Bipartisan Infrastructure Law Keeps funding projects in progress but rescinds guidance for continued buildout Means new state proposals for rules not yet released, months of delay for states’ funding Tesla has captured more than $41 million in government money for the buildout The Trump … Continue reading “Trump DOT freezes EV charger funding, demands new state plans”
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US-based solid-state battery manufacturer Ion Storage Systems will receive $20 million from the US Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) Seeding Critical Advances for Leading Energy Technologies with Untapped Potential (SCALEUP) program. Ion was one of four companies to secure funding from SCALEUP in 2024 as part of its $63.5-million program budget. The … Continue reading “Ion Storage Systems to receive $20 million in ARPA-E funding to commercialize solid-state battery”
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The US DOE has awarded nearly half a billion bucks to three companies under the Domestic Manufacturing Conversion grant program to help accelerate the production of heavy-duty electric trucks and related powertrain components. Volvo Technology of America will receive $208 to upgrade facilities at the Volvo Group’s Lehigh Valley Operations truck assembly site in Macungie, … Continue reading “Volvo, ZF, Cummins win $441 million in DOE funding to accelerate heavy-duty electric truck production”