Cake raises $60 million for expansion
Swedish light electric motorbike manufacturer Cake has raised $60 million in fresh capital. Cake plans to use the capital to invest in expanding its product offering and distribution network.
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Saietta announces as sole motor supplier for EAV
Saietta is now the exclusive supplier of in-wheel traction motors to Electric Assisted Vehicles (EAV). The Saietta and EAV collaboration aims to accelerate the widespread adoption of e-mobility solutions within urban areas and congested town centres.
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Project LEVIS to develop lightweight EV components
The three-year LEVIS research project funded by the EU with €4.9 million aims to develop lightweight components for electric vehicles using eco-design and closed-loop approaches. Project partners include 13 members from seven countries.
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DPD to decarbonise operations across Europe
DPD has just announced that by 2025 it will be using zero-emission and low-emission delivery vehicles in 225 of Europe’s largest cities. The parcel service includes electric vans as well as small electric vehicles and cargo bikes.
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