Somerset gigafactory underpins £700m manufacturing push
The UK has confirmed a Somerset gigafactory that has secured £380m of government funding and has underpinned over £700m of combined public and private investment, which has been projected to create about 4,200 jobs and supply‑chain activity.
Investors urge freight firms to curb fleet air pollution
Thirty-one investors representing over US$1.8tn have called on freight and logistics companies to measure and disclose air pollutants, set time-bound reduction targets and accelerate cleaner fleets, and have urged enhanced mandatory reporting and policy engagement.
Victorian Government commits $7.5m to Sunshine Station
The Victorian Government has committed $7.5 million to the Sunshine Station Masterplan, which has focused on Clarke Street revitalisation and cultural precinct works and has formed part of a program already funded with $143 million.
Pan-International invests €35.5m in Magnax
Pan-International has invested €35.5m in Belgian axial‑flux motor maker Magnax and has become its largest shareholder pending FDI approval; Magnax has retained headquarters and R&D in Belgium and has planned volume manufacturing in China.
CEFC commits $100m to support EV loans via VWFS
The CEFC has committed $100 million in partnership with Volkswagen Financial Services Australia to subsidise discounted loans for eligible new and used electric vehicles, and has sought to lower costs for consumers and small-to-medium business fleets.
Euler Motors raises ₹437.5 crore Series E funding
Euler Motors has raised ₹437.5 crore in Series E equity, has secured ₹250 crore of debt financing, and has outlined plans to expand manufacturing, sales and service networks and broaden its electric commercial vehicle portfolio.
Austrade outlines US$2.1bn Pacific infrastructure pipeline
Austrade has presented a consolidated US$2.1bn pipeline of 824 contracts across 14 Pacific countries, and has pre-launched a searchable platform; multilateral financiers have outlined procurement and resilience priorities.
QCraft raises $100m to advance autonomous driving
QCraft has secured $100 million in a Series D round, has committed funds to world models, reinforcement learning and L4 autonomous systems, and has planned expansion to 50+ additional vehicle models and pilot programmes in logistics and robotaxis.
Toyota to invest $1bn in Kentucky and Indiana plants
Toyota has announced a $1bn investment in Kentucky and Indiana plants, with $800m for Georgetown (Camry, RAV4) and $200m for Princeton (Grand Highlander), as part of a planned up-to-$10bn US investment programme.
Uber commits $1.25bn to Rivian for R2 robotaxis
Uber has committed $1.25bn to Rivian, has ordered 10,000 R2 robotaxis and has secured options for 40,000 more; the firms have targeted deploying 50,000 vehicles by 2031 across the US, Canada and Europe.
Uber to invest $1.25bn in Rivian for robotaxi fleet
Uber has agreed to invest up to $1.25bn in Rivian and has arranged to acquire up to 50,000 autonomous R2 vehicles for deployment through 2031, with funding tranches and initial purchases contingent on regulatory approval and performance milestones.
AT&T to invest over $250bn in US networks
AT&T has announced a more than $250bn investment to expand fibre, 5G and satellite networks across the US, and has outlined plans for workforce training, network security enhancements and public‑safety upgrades.
Hyundai and Kia invest in battery software firm Qnovo
Hyundai Motor Company and Kia have announced a strategic investment in Qnovo, which has provided a software platform for battery-health monitoring; they have completed collaborative testing and have said the technology has enabled warranty accounting and battery residual-value assessment.
Compact Asphalt Plants for SME Road Construction
SMEs have increasingly engaged in road construction, and compact mobile asphalt plants have provided entry points by offering rapid installation, moderate output for regional projects and scalability through modular upgrades.
Einride raises $113m in PIPE ahead of SPAC merger
Einride has raised $113m in an oversubscribed PIPE to support a proposed merger with Legato Merger Corp. III, bringing committed investments to about $213m at a $1.35bn pre-money valuation and expected NYSE listing in H1 2026.
Autotech Ventures focuses on defensible logistics startups
Autotech Ventures has prioritised logistics startups with hard‑to‑replicate data, integrated platforms and enterprise fit, has leveraged LP networks and internal AI to source deals, and has signalled increased interest in physical AI and robotics.
Apptronik raises $520m at $5bn valuation to scale humanoids
Apptronik has raised $520 million at a $5 billion valuation and has secured Google as co-investor; it has begun pilot deployments with Mercedes‑Benz, GXO and Jabil, and has committed to scale Apollo production and expand in Austin and California.
Mitra EV secures $27m to expand fleet electrification
Mitra EV has raised $27 million and has secured equity from Ultra Capital plus a credit facility from S2G Investments to expand its commercial fleet electrification platform, including shared charging networks, fleet solutions and market expansion.
Polestar secures US$400m equity to bolster liquidity
Polestar has secured US$400m in equity from a Sumitomo Mitsui SPV and Standard Chartered to bolster liquidity, and has previously obtained US$300m plus a Geely loan amid a global decline in EV demand.
UK-Bulgaria partnership to expand semiconductor capabilities
The UK and Bulgaria have established a strategic partnership to align semiconductor research, manufacturing and skills development, and have promoted a green silicon carbide wafer project and investment links supporting Bulgaria’s role in European supply chains.
Tesla shifts investment to AI and robots with $20bn plan
Tesla has announced a $20 billion capex plan and has ended production of the Model S and Model X, signalling a strategic pivot towards AI, driverless services, humanoid robots and expanded chip and battery manufacturing capacity.
Tesla to invest $2bn in xAI
Tesla has agreed to invest about $2 billion in xAI as part of a $20 billion financing round and has entered a framework agreement to evaluate AI collaborations, with the investment being subject to customary regulatory conditions.
National Reconstruction Fund invests in Australian EV maker
The National Reconstruction Fund has invested A$30.7m in Applied Electric Vehicles, which has accelerated production of its Blanc Robot autonomous chassis, expanded manufacturing capacity and has supported the company’s Series B round and planned recruitment.
Gigabit IQ opens £270,000 crowdfunding round
Gigabit IQ has opened a £270,000 crowdfunding round at a £5 million pre‑money valuation, offering 5.12% equity, and has secured £243,650 from 40 investors; it has reported an addressable reach of 1.5 million homes via wholesale partners.
LS Cable expands Mexican plant with $156m investment
LS Cable and System will invest $156 million to expand production at its Querétaro, Mexico plant, adding automotive cable lines and busduct capacity to support North American supply chains.
L-Charge raises $10m to expand off-grid EV charging
L-Charge raised $10 million to scale national off-grid EV charger installations, broaden product and service offerings, and expand sales, operations and support to serve commercial fleets and ride-hail segments.
Xtrac invests £1m in machining technology
Xtrac is investing £1m in machining equipment at its Thatcham headquarters, adding EDM, CNC turning centre and band saw to increase precision, capacity and production flexibility for transmission components.
Tata Motors CV unit acquires 26% stake in Chennai EV firm
Tata Motors’ CV subsidiary acquired a 26% stake in Traveltime E-Mobility Chennai for about ₹351,350, aligning the group with Chennai electric-bus operations; closing expected by 31 January 2026.
Tailan raises US$57m to scale solid-state production
Tailan New Energy raised US$57m in a B+ round to fund its first mass-production line, expand automotive solid-state battery R&D, and recruit technical staff; Changan is a strategic investor.
CiDi expands autonomous commercial deployments; Hong Kong IPO
CiDi is scaling autonomous vehicle deployments in closed environments, delivered 414 trucks with 647 indicative orders, pursuing international expansion and commenced Hong Kong IPO on 11 December 2025.
FAW to invest US$530m in Leapmotor
FAW will acquire 5% of Leapmotor for ¥3.74bn (US$530m), becoming a strategic shareholder; the partnership will fund R&D, sales expansion and joint PHEV/EREV development.
Deepal Auto raises ¥6.122bn in Series C funding
Deepal Auto secured ¥6.122bn from Changan, Chongqing Yufu and CMB to finance electric and intelligent-vehicle R&D and to support second-generation models planned for 2026.
VisIC secures $26m Series B; Hyundai and Kia invest
VisIC raised $26m in a Series B led by an unnamed semiconductor firm, with Hyundai and Kia participating to support development of GaN power semiconductors for EV and data-centre use.
Blinq Mobility raises ₹4.3 crore for battery-swap EVs
Startup Blinq Mobility secured ₹4.3 crore pre-seed to develop a battery‑swappable four‑wheeler platform, fund prototypes, infrastructure pilots and certification, and expand technical and operations teams.
Nirvana raises $100m Series D to expand AI insurance
Nirvana secured $100m Series D at a $1.5bn valuation to scale an AI and telematics-based commercial vehicle insurance platform, accelerating underwriting, pricing and claims automation for fleets.
Elecbits raises US$5.5m to expand hardware platform
Elecbits raised US$5.5m in Series A to scale its AI-driven XOR platform and in-house manufacturing, aiming to streamline electronics design-to-production and support domestic and export manufacturing growth.
China issues trade‑in financing guidance for automakers
Chinese authorities issued trade‑in financing guidance enabling reduced penalties for early loan repayment; automakers and lenders are directed to enhance credit access, compliance and co‑ordination to support vehicle upgrades.
QuantumDiamonds announces €152m Munich production hub
QuantumDiamonds will invest €152m in a Munich production hub to scale quantum-based semiconductor inspection systems, supporting European supply-chain capacity and anticipated public backing under the European Chips Act.
EU approves €623m for German semiconductor plants
European Commission approved €623m in state support for GlobalFoundries and X‑FAB in Germany to expand wafer and MEMS manufacturing, aiming to diversify supply chains and bolster regional chip capacity.
VisIC raises $26m Series B with Hyundai and Kia
VisIC closed a $26m Series B led by a semiconductor investor, with Hyundai and Kia as strategic partners to scale GaN power modules for automotive and data centre applications.
Vingroup to invest $3bn in Telangana multi-sector ecosystem
Vingroup will commit up to $3bn to develop a multi‑sector ecosystem in Telangana, covering electric mobility, smart urban development, renewable energy, healthcare, education and tourism.
ABB opens Traction Centre of Excellence in Maryborough
Queensland government-funded A$9 million facility in Maryborough will manufacture traction converters, motors and battery services to support rail programmes, strengthen supply chains and create skilled local jobs.
Anaphite raises £1.4m to scale LFP dry-coating
Anaphite secured £1.4m, comprising an Innovate UK grant and matched venture investment, to adapt its DCP platform for high-throughput LFP cathode and graphite anode manufacture at scale.
IFC to invest US$50m in GFCL EV battery materials plant
IFC will invest about US$50m in GFCL EV to develop India’s first integrated battery‑materials facility in Gujarat, supporting domestic supply chains, manufacturing capacity and job creation.
Vulcan Energy secures €1bn for German lithium plant
Vulcan Energy secured a €100m export loan within a c.€1bn debt package to finance the Lionheart project, aimed at domestic lithium hydroxide production and renewable heat and power generation.
EIB provides €500m loan to Traton for truck R&D
EIB agreed a €500m loan to Traton to fund R&D and rollout of fuel-efficient commercial vehicles, support modular truck platforms, and align with EU decarbonisation and competitiveness objectives.
FAW to invest in Stellantis-backed Leapmotor
China FAW is finalising a c.5% equity investment in Stellantis-backed Leapmotor; founder retains control. Leapmotor reported 97.3% year-on-year Q3 2025 revenue growth and technical cooperation continues.
Neuron Energy raises ₹31 crore to expand EV battery capacity
Neuron Energy secured ₹31 crore in Pre‑Series B to scale manufacturing to 3GWh annually, build a Chakan (Pune) facility, and fund R&D and expansion into heavier EV segments.
