Browsing: billion

FYI: Hertz’s ambitious EV investment has hit a major roadblock, with large-scale fleet sales signaling a strategic pivot amidst financial…

FYI: Monroe Capital is launching a $1 billion fund aimed at supporting small auto suppliers as they transition towards electric…

FYI: The U.S. commits $3 billion to boost domestic EV battery production, aiming to rival China’s market dominance. The U.S.…

FYI: The Biden-Harris administration announces an additional $3 billion investment to boost America’s battery production, emphasizing EV battery supply chain…

FYI: Lucid Secures $1.5 Billion Lifeline from Saudi Arabia’s Public Investment Fund Making electric vehicles is a costly venture, especially…

FYI: Elon Musk’s legal team is appealing a judicial decision that nullified his $56 billion compensation package ratified by Tesla…

Treasury Department Announces Over $1 Billion in EV Purchase Credits through Inflation Control Act The U.S. Treasury Department announced on…