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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

Release Date: Fall 2023 Starting Price: $30,000 Chevrolet has become a pioneer in the electric vehicle market. Building on the success of the popular and affordable Bolt EV and Bolt EUV , the automaker has continued to expand its electric offerings to include EV versions of several of its most popular models.

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Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. The R1S joins the increasing number of attractive electric SUVs being debuted in the EV market. Rivian R1S: Adventure Package Built-In Off-Road Capability.

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Battery analytics platform TWAICE announces $30m funding led by Coatue

Green Car Congress

TWAICE, a battery analytics company, has secured $30 million in additional Series B financing led by global investment firm Coatue. The round extension, which includes personal investment from Lip-Bu Tan and participation from existing investors, builds on TWAICE’s $26 million Series B in May 2021 led by Energize Ventures.

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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

Lakh (US$10,000) (All India – Ex-showroom), for the first 10,000 customers (of which 2000 will be reserved for the current owners of Nexon EV and Tigor EV). With the launch of the Tiago.ev, India’s first electric hatchback, the nation can take a giant leap forward in the quest for safe, clean and green mobility.

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Hercules EV opens $20M Series A round; targeting electric pickup in late 2022; Prieto solid-state batteries

Green Car Congress

Hercules Electric Vehicles—a Detroit-based startup—is opening a $20-million Series A investment round managed by CMD Global Partners, a boutique investment bank. Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022.

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bp invests in free local electric transit business Freebee

Green Car Congress

bp ventures has invested $6 million in all-electric ride-hailing business Freebee , a Miami-based company that provides free, on-demand transportation to local communities through their mobile app Ride Freebee. Freebee owns a fleet of more than 150 electric vehicles and employs more than 230 drivers on a full-time basis.

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Orders open for Mercedes EQS electric luxury sedan, starting at US$125k; OTA function updates

Green Car Congress

Two models of the first all-electric luxury sedan from Mercedes-EQ can now be ordered , with prices starting at €106,374.10 (US$125,000) and €135,529.10 (US$159,000) respectively. The EQS 450+ with 245 kW (NEDC combined electrical consumption: 18.9-16.2 Earlier post.). The range of OTA functions is being successively expanded.

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