Tag: funding

Oct 13, 2019 - 02:58 pm

Electric truck start-up Einride to expand to USA

The self-driving electric truck startup Einride has raised $25M in a Series A financing round and says it is to help the expansion into the US. The Sweden-based business already partners with DB Schenker for the so-called pods.

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Oct 10, 2019 - 02:19 pm

Germany ready to sign 2030 climate package into law

The German government has now approved the country’s 2030 climate plan, first outlaid during the global climate strike initiated by the Fridays for Future movement. Activists call the package weak, yet it carries over measures for e-mobility at least.

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Jul 30, 2019 - 01:38 pm

BMW loses appeal for more government funding

BMW is to receive fewer German government subsidies for the construction of the i3 and i8 at its Leipzig plant than it had applied for. The federal German government originally considered paying BMW 45 million euros, but the EU Commission only approved 17 million.

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Jul 22, 2019 - 03:35 pm

Seoul to increase electric city bus fleet

The number of battery-powered city buses on the streets of the South Korean capital Seoul is expected to rise to 143 this year. Private bus companies are being promoted by the city government to ensure that the switch to electric buses is successful.

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Jul 14, 2019 - 11:49 pm

Canada awards millions to charging network at pit stops

The Government of Canada is awarding $4.6-million to Suncor’s Petro-Canada subsidiary for building 92 electric vehicle fast-chargers. Suncor that specialises in synthetic crude from oil sands thus becomes part of Canada’s effort to install a coast-to-coast charging network.

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Jun 19, 2019 - 12:48 pm

Germany: 3 battery consortia will be funded

To stimulate domestic battery cell production, the German Federal Ministry of Economics will most likely fund three consortia a total of 1 billion euros ($1.12 billion USD). Of these, only the project of Peugeot, Opel and the battery manufacturer Saft has been confirmed by name.

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May 31, 2019 - 04:52 pm

Barcelona is acquiring new electric and hybrid buses

The Catalan metropolis wants to reduce the emissions of its public transport system. To this end, Transports Metropolitans de Barcelona aims to purchase 254 environmentally friendly buses. The project is financed with a loan from the European Investment Bank.

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May 27, 2019 - 03:55 pm

EU battery cell production: First funding in June

The German BMBF, that is the Ministry for Education, plans to decide on the location of a research factory for cell production on June 7. Moreover, the German government is also planning to pay the first half of the money for the planned cell production factories this June as well.

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May 16, 2019 - 04:36 pm

UK government invests further £28 million in battery centre

The government of the United Kingdom is planning to support the UK Battery Industrialisation Centre being built in Coventry with a further £28 million in funding. The planned battery facility is planned to provide testing facilities for new battery technologies and training for experts.

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Apr 25, 2019 - 12:54 am

France: €200M to launch & legalise autonomous shuttles

France’s Transport Minister Élisabeth Borne has announced a plan to develop transit with autonomous electric vehicles. The government intends to invest a total of 200 million euros in tests with self-driving electric shuttles in 16 areas of France and to create the legal framework.

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Mar 4, 2019 - 08:21 pm

Germany releases extra €180M to fund electric buses

The German Ministry for the Environment (BMU) is providing an additional 180 million euros for the purchase of electric buses to select cities exceeding the NOx levels set within the EU. Other towns may also apply for a share of the remaining funds.

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Mar 1, 2019 - 03:21 pm

Hamburg aims for 7,400 decentralised charging points

The German port city of Hamburg has launched the large-scale ELBE project together with a wide range of partners. The aim is to install 7,400 private charging points for tenants, apartment owners, employees and their employers but to manage these in a decentralised manner.

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Feb 23, 2019 - 12:36 pm

Germany calls for partners for battery cell production

The German Federal Ministry for Economic Affairs and Energy (BMWi) have just published details of their subsidy programme for battery cell production. Companies and consortia are now called upon to submit project ideas by 15 March for the establishment of competitive and sustainable battery cell production.

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Feb 17, 2019 - 06:43 pm

London Mayor announced black cab EV investment

Sadiq Khan, the Mayor of London, has announced plans to invest an extra £24m to help more black cab drivers switch to electric vehicles. The plans will more than double the TfL’s existing £18m fund. Additionally, grants will be restructured to provide more payments at higher levels.

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Feb 14, 2019 - 12:04 pm

France to invest €700M in battery cell production

French President Emmanuel Macron has announced that his government will invest 700 million euros in the production of battery cells for electric cars over the next five years. The plan is part of a Franco-German project to establish cell production in Europe. 

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Feb 11, 2019 - 05:57 pm

Scotland funds e-bikes with half a million pounds

The Scottish government is serving the second round of its eBike Grant Fund designed to help organisations, universities and communities to purchase e-bikes. A total of £462,000 (526,925 euros) will go into buying new e-bikes, including electric cargo bikes.

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Feb 6, 2019 - 05:00 pm

UK Government funds charge points for electric cabs

The British government has set aside a pot of more than six million pounds, to help set up more than 300 charging points for electric taxis in 17 local authorities. Additionally, the winners of a £14M hydrogen mobility competition were announced.

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Jan 29, 2019 - 05:19 pm

Poland: LG Chem factory plans take shape

The European Commission has authorised Polish investment aid of €36 million for a new LG Chem plant in the south-western region of Poland, Dolnośląskie (Lower Silesia). This corresponds with recent rumours about a project by the Korean company.

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Jan 3, 2019 - 03:27 pm

EU project researching new magnesium batteries

A new EU project called E-MAGIC (European Magnesium Interactive Battery Community) that was recently funded with 6.5 million euros, will focus on the development of a new type of magnesium-based battery for electrified vehicles, among other uses.

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Nov 13, 2018 - 02:37 pm

Europe to carry 30% of global battery cell production

In Berlin today, Germany’s Federal Minister for Economic Affairs and Energy, Peter Altmaier, delivered his latest take on the European Battery Alliance (EBA). While he signalled strong targets and promised one billion euros of funding, he did not name concrete details of the planned battery cell production in Europe or Germany.

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Oct 15, 2018 - 03:33 pm

EU Battery Alliance accelerating progress

One year after airing the plan for an European Battery Alliance (EBA), the EU Commission says their Action Plan is now in place. In the press release they also recapture ongoing efforts and (new) funding schemes to establish a battery industry in Europe.

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Sep 27, 2018 - 08:59 pm

CARB announces up to $205 million in EV grants

The California Air Resources Board (CARB) has announced up to $205 million in grants for projects to accelerate the adoption of clean freight technologies and improving air quality in the state. Eleven projects will receive $150 million, with another $55 million to be considered for further investment.

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Sep 11, 2018 - 05:04 pm

Iceland launches ambitious Climate Strategy

The Icelandic government has launched its new Climate Strategy today aiming for the country to be carbon neutral before 2040. The plan includes 34 measures ranging from a ban on new sales of ICEs by 2030 and the decarbonisation of transport to carbon-curbing measures such as reforestation.

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Sep 11, 2018 - 03:29 pm

UK: Government & Industry pushing for low carbon future

The UK’s first Zero Emission Vehicle Summit took place in Birmingham today with the industry rallying behind Theresa May. The Prime Minister announced 106 million pounds in funding for low carbon technologies, matched by half a billion from businesses. Moreover, the Brexiteers are calling for cooperation.

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Sep 10, 2018 - 05:42 pm

UK: Funding boost for last-mile cargo e-bikes

The British government announces two million pounds to support the uptake of electric cargo bikes. Westminster hopes the zero emission wheelers will replace vans, particularly when making last-mile deliveries. Details are yet to follow.

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Found on electrive.com
https://www.electrive.com/2019/10/13/electric-truck-start-up-einride-to-expand-to-usa/
13.10.2019 14:50