Tag: Financing

Jul 19, 2020 - 06:36 pm

E-scooter sharing firm Voi first to break even

Sweden’s Voi Technology is on track to make an annual profit in 2021 after breaking even in June. It is the first big electric scooter sharing firm to do so, the company said this week. The announcement comes at a time in which the market has been hit hard.

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Mar 19, 2020 - 01:15 pm

Electric carmaker Nio is lacking liquidity

The Chinese electric vehicle maker Nio raised substantial doubt in its ability to continue its business due to on-going financial difficulties that have been exacerbated by the coronavirus. The reduced EV subsidies in China also played a part.

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Nov 11, 2018 - 02:48 pm

Battery market: massive growth and 52% lower prices

According to a new analysis, Bloomberg New Energy Finance (BNEF) has estimated that the market for lithium-ion batteries will drop prices by 52% before 2030, and that by 2040, the market will grow to 942 GW/2,857 GWh, requiring investments of around $620 billion.

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Oct 31, 2018 - 02:54 pm

Faraday Future “efficiently insolvent” says founder

The funds of Faraday Future are ultimately depleted and the EV startup “efficiently insolvent” founder Nick Sampson declared in an email to employees. Himself and senior product VP Peter Savagian have left the company and most workers have been sent on unpaid holiday.

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May 29, 2018 - 06:00 pm

CATL stock exchange looks increasingly timid

The plans for the stock exchange entry by Chinese battery cell manufacturer Contemporary Amperex Technology (CATL) are becoming more pronounced: The company starts accepting subscriptions from potential investors on Wednesday.

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May 22, 2018 - 02:45 pm

UK planning major battery and HPC network

The UK is installing a battery supported HPC charging network for electrified vehicles. The company Pivot Power and the National Grid are planning to connect 45 battery storage units with critical infrastructure junctions as part of a 1.6 billion pound project.

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Found on electrive.com
https://www.electrive.com/2020/07/21/disclosed-e-mobility-funding-at-over-e1-3bn/
21.07.2020 11:11