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Electric News
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Electric News
EVUM Motors scores €20M to provide robust, all-electric vehicles across Europe
The global electric utility vehicle market size is estimated to grow at a compound annual growth rate (CAGR)…
Former Tesla and Rappi execs’ startup, Vammo, zooms $30M to reshape LatAm’s e-motorcycle sector
The first half of 2023 saw strong growth in the EV market, reflecting increasing EV popularity. As a…
EV charging startup VOOL gets €2.92M funding with backing from Ex-Estonian President
According to McKinsey, Europe will need at least 29 million private charging points by 2030. This represents a…
Lavoie speeds to the rescue: McLaren-backed venture acquires bankrupt Dutch e-bike brand VanMoof
Back in July, the Dutch e-bike maker VanMoof slipped into bankruptcy. Following this, Lavoie, the electric scooter company,…
Betting big on EVs, Service4Charger from Germany raises €10M in a round led by bp ventures
Service4Charger, a Berlin-based provider for the planning, installation, operation and maintenance of EV charging infrastructure, has snapped €10…
EVs on the Rise: Octopus grabs £150M to expand salary sacrifice scheme
May 2023 witnessed a remarkable surge in the adoption of battery-electric vehicles (EVs) in the UK, with nearly…
Fastned’s €22M boost sparks race for EV charging supremacy in Europe—but can they outpace the competition?
Amsterdam-based fast-charging company, Fastned, has successfully raised €21.9 million through the issuance of new bonds, capitalising on the…
Driveco: French EV charging startup powers up with €250M to deploy 60,000 charging points by 2030
French EV charging firm, Driveco, has secured a massive €250 million in funding from Dutch pension fund manager,…
Estonia’s Elmo raises €2.6M to expand remote-controlled car technology and sustainable sharing
Elmo, an Estonian company that introduced remotely controlled electric cars in a car-sharing service, has raised €2.6 million…
