article thumbnail

Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka. The company can sell the scooter without the battery, which can bring the price down significantly. He declined to provide details of the amount of money he secured in one tranche of the ongoing round or the valuation.

article thumbnail

Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Westcott, who has worked in the renewable energy sector converting a coal-fired power station to run on bio-mass in his native South Africa, confirmed he had lobbied federal government ministers on the issue. “We But in a recent report industry super funds warned the transition risked falling behind without increased investment.

article thumbnail

Ford to expand aggressively in Middle East & Africa; at least 25 new vehicles by 2016

Green Car Congress

Ford Motor Company announced an aggressive product acceleration in its newest business unit, Middle East & Africa, leveraging the company’s One Ford global portfolio and targeting opportunities for growth in small, mid-size and large vehicle segments. —Jim Benintende, president, Ford Middle East & Africa. million vehicles.

Africa 230