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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

Green Car Congress

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

Companies 243
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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

Green Car Congress

Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe. Methodology.

Europe 170
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Ignoring Intel Rumors, GlobalFoundries Will Do $1-billion Expansion

Cars That Think

Hoping to cash in on remedying that situation, GlobalFoundries announced a $1-billion investment aimed at adding 150,000 wafers per year of capacity on Fab 8 in Malta, N.Y., at the company’s most advanced facility. Caulfield also announced that GlobalFoundries would build a new fab in Malta. Fab 8 has had its ups and downs.

Malta 84
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Tesla Insurance moves closer to launch in Europe with new job posting

Teslarati

Tesla Insurance is gearing up for a potential launch in Europe, as the company is seeking Legal Counsel specializing in insurance for the market. Tesla originally established its Insurance business in Europe by opening a branch in Malta in December 2020. and Europe to provide driver coverage through partnering insurance companies.

Europe 98
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GM inks crucial semiconductor deal with GlobalFoundries

Teslarati

GlobalFoundries, headquartered in Malta, New York, has signed a “long-term agreement establishing a dedicated supply corridor exclusively for GM’s chip supply.” The chips will come from GlobalFoundries’ newest facility in Upstate New York.

GM 77
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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

billion with 58 companies as part of the ongoing Vibrant Gujarat Summit. The company will invest approximately Rs 13,000 crore (USD 1.6 Some of the other major investments in green energy in the state include that of power company NTPC. The government of Gujarat has signed Memorandums of Understanding (MoUs) worth USD 86.07

Green 52
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EEA report suggests road charges for heavy-duty goods vehicles should reflect varied health effects of pollution in different countries

Green Car Congress

At the other end of the scale, the same truck driving in Cyprus, Malta and Finland causes damage of around €0.005 (US$0.01) per kilometer. Charging haulage companies for the external costs of air pollution would incentivize newer and cleaner technologies, the report says. In some regions the cost is also much higher than others.

Pollution 223