Remove Corporation Remove Financing Remove Insight
article thumbnail

Interesting Insights From Uganda’s 2024/2025 National Budget

CleanTechnica EVs

Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, recently delivered the country’s 2024/2025 national budget. There were some very interesting insights in there that give us a good look into Uganda’s electricity generation landscape as well as the current state and plans to grow the electric mobility ecosystem.

Insight 122
article thumbnail

TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

Green Car Congress

In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company’s mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security.

Fusion 243
article thumbnail

SEC creates enforcement task force focused on climate and ESG issues

Green Car Congress

As an integral component of the agency’s efforts to address these risks to investors, the task force will work closely with other SEC Divisions and Offices, including the Divisions of Corporation Finance, Investment Management, and Examinations.

Climate 186
article thumbnail

Bosch and Mitsubishi team up with Blue Park Smart Energy to develop business models for battery swapping; pilot in China

Green Car Congress

Bosch and the Mitsubishi Corporation, with Blue Park Smart Energy (BPSE), are partnering to create Battery as a Service (BaaS) innovations. In the pilot project in China, Mitsubishi Corporation as commercialization partner and Bosch are working with BPSE. Around 15 million fleet vehicles are going to be electrified in China alone.

article thumbnail

Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

Green Car Congress

Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. Xiaomi Corporation and Xpeng Motors have achieved significant progress through in-depth collaboration in developing technologies connecting smart phones and smart cars. — Lei Jun, CEO of Xiaomi Corporation.

Chinese 199
article thumbnail

Three veterans join leadership team of Lohum Cleantech – ET Auto

Baua Electric

The company onboarded veteran investor Sachin Maheshwari as Head of Corporate Development, finance leader Nitin Goel as Chief Financial Officer (CFO), and R&D Pioneer Chidambaram Mandan as Vice-President and Head of R&D and Quality Control.

Auto 52
article thumbnail

Electra Vehicles, Inc. Announces $21 Million Financing Round led by United Ventures

Electra Vehicles

The patented core of the technology, the Adaptive Battery Digital Twin, leverages AI and ML to provide design insights, real-time onboard controls, and fleet-wide data analytics for reduced total cost of ownership. We are excited to partner with Fabrizio Martini and the entire Electra team for the journey ahead.”