BMW i Ventures backed by BMW Group leads the round CAMBRIDGE, Mass.–(BUSINESS WIRE)–actnano, Inc., a global leader in surface protection technologies for automotive and consumer electronics, announced today the close of an oversubscribed $21.75 million Series B financing led by BMW i Ventures. Additional new investors include HELLA Ventures and TDK Ventures. All Series A […]
Technology-Driven Trucking Company Paves the Way for Industry-Wide Changes SAN FRANCISCO–(BUSINESS WIRE)–CloudTrucks, the first-of-its-kind technology-driven trucking company, today announced that it secured $115 million in Series B funding, totaling CloudTrucks’ valuation to $850 million. The round was led by Tiger Global with participation from Menlo Ventures. The round also includes investment from Flexport as well […]
An electric truck equipped with an Allison Transmission will be built for the toughest motorsport competition on earth INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce a […]
PARIS & ARNHEM, the Netherlands & NEW YORK–(BUSINESS WIRE)–Allego Holding B.V. (“Allego” or the “Company”), a leading pan-European electric vehicle (“EV”) charging network, which recently announced its proposed business combination with Spartan Acquisition Corp. III (NYSE: SPAQ), today confirmed that The Honorable Jane F. Garvey will assume the role of Chairwoman of the Board of […]
Vision Zero strives to eliminate all traffic fatalities and severe injuries, while increasing safe, healthy, equitable mobility for all NEW YORK–(BUSINESS WIRE)–#Helbiz—Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its sector to be publicly listed on the Nasdaq, today announced that it will be pledging to give $10,000 to Vision […]
Accomplished senior executive brings deep public company human resources experience from Advanced Energy Has led startups and established companies through periods of rapid growth in talent management LOVELAND, Colo.–(BUSINESS WIRE)–$ZEV #commercialevs–Lightning eMotors (NYSE: ZEV), a leading provider of all-electric powertrains and medium-duty and specialty commercial electric fleet vehicles, announced today that Marci Fouts, CCP, SPHR, […]
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) has entered into an agreement with Sion Power Corporation, a leading developer of high-energy rechargeable battery technology, to design and supply battery cells based on their proprietary lithium metal technology for commercial vehicle applications. In connection with the agreement, Cummins has made an investment in Sion Power. The investment […]