Funding rounds, capital investment or financing; exclude mergers and acquisitions.
Commission opens €1.5bn funding call for European EV battery plants
The European Commission has opened a €1.5bn interest-free loan competition for first commercial-scale EV battery-cell plants in the EEA. Projects can receive up to €500m, with applications closing on 30 September 2026.
Mullen Group reports record quarter and raises 2026 capital budget
Mullen Group reported record second-quarter revenue and earnings, raising its 2026 capital budget by C$50 million to prepare for freight growth and potential nation-building and Alaska LNG projects.
Manheim invests hundreds of millions in Australian auction facilities
Manheim Australia is investing hundreds of millions of dollars in new auction, storage and vehicle-processing facilities in Brisbane, Sydney and Melbourne, expanding capacity and introducing upgraded inspection, imaging and online auction technology for fleet and salvage remarketing.
New York offers $8m for hydrogen and alternative-fuel projects
New York’s NYSERDA is offering $8m for developers, manufacturers and researchers working on hydrogen, ammonia and other low-carbon fuel technologies for heavy-duty transport and other hard-to-electrify sectors. Projects require at least 50% non-state cost share.
Australia Post to expand electric delivery fleet with A$40.5m grant
Australia Post will use a A$40.5 million federal grant to expand its electric delivery fleet, including vans, rigid trucks and prime movers. The investment will also fund depot chargepoints and electrical upgrades, with the rollout expected to cut diesel use by about one million litres annually.
NextGO Epi raises €2m for gallium oxide wafer production
Berlin-based NextGO Epi has secured €2m pre-seed funding to advance production of industrial-quality gallium oxide epitaxial wafers, has generated initial revenue from international customers and the funding has been earmarked to support development, staffing and commercial expansion.
EU approves €659m German funds for four semiconductor plants
The European Commission has approved €659 million in German state aid to support four first‑of‑a‑kind semiconductor facilities, with funding intended to expand manufacturing capacity, strengthen the EU value chain and address identified investment gaps.
Chinese automakers lead global EV factory investments
Chinese automakers have outpaced US firms in announcing and building overseas EV and battery factories, driven by domestic saturation, strong foreign demand and tariff-related market access, while estimates of investment magnitude have varied among analysts.
IH-MIE opens €1.8m call for hydrogen mobility innovation
IH-MIE will launch a €1.8 million open call on 3 July 2026, offering up to €60,000 per project plus technical and business mentoring for hydrogen mobility innovation. Applications close on 25 September.
Wayve employees sell $85m of shares in landmark private-market deal
Wayve employees have sold $85m of shares through the London Stock Exchange’s Private Securities Market, in the first employee share sale on the platform and its largest transaction under the FCA’s PISCES framework.
Rivian announces 75m share offering; shares fall
Rivian has announced a 75 million-share public offering and has seen its stock fall over 10%; it has stated proceeds are intended to fund equity contributions for a US Department of Energy loan and has pre-released second-quarter guidance.
Toyota to shift Tacoma production from Mexico to Texas
Toyota has announced a $3.6bn investment to relocate Tacoma production from Mexico to its San Antonio plant, has said it would create about 2,000 US jobs and has committed to expanding capacity to roughly 350,000 units by 2030.
Construction begins on Ponsse’s €10m Vieremä factory extension
Ponsse has begun construction work on an approximately €10m extension to its Vieremä factory in Finland, intended to improve productivity, production flexibility and operational efficiency.
Infineon opens largest power semiconductor plant in Dresden
Infineon has opened a €5bn power semiconductor plant in Dresden, has received nearly €920m in European Chips Act funding, has increased regional production capacity and has been expected to double Dresden output and create about 1,000 specialist jobs.
Australia funds planning for M1 Pacific Motorway upgrades
The Australian and New South Wales governments will each provide A$15 million to plan upgrades between Tweed Heads and Byron Bay, including traffic modelling, designs and economic analysis for intersections, freight and public transport improvements.
NSW Budget funds major rail infrastructure and reliability upgrades
New South Wales’ 2026–27 Budget allocates billions to Parramatta Light Rail, Sydney Metro expansion and Sydney Trains reliability, including maintenance, staffing, signalling, power and station upgrades.
EU launches €1.1bn CEF Transport funding call
The European Commission has launched the 2026 CEF Transport call, offering €1.1bn for sustainable and smart TEN-T projects, including rail, inland waterways and electrification of road haulage and airports. EU, Ukrainian and Moldovan bodies are eligible.
Momenta files for HKEX IPO after listing hearing
Momenta has passed its HKEX listing hearing and has filed listing materials, has reported 2025 revenue of 2.41 billion yuan and a 3.46 billion yuan net loss, and has outlined plans to use proceeds for R&D and robotaxi expansion.
Renault Trucks to open 46,000 m² spare-parts hub in Lyon
Renault Trucks has begun construction of a 46,000 m² spare-parts distribution hub near Lyon, has committed €132 million and has positioned the energy-positive facility to speed parts delivery and support electric vehicle battery storage.
Queensland $119bn capital program to use Australian steel
The Australian Steel Institute has welcomed Queensland's 2026–27 Budget, which has included a $119 billion capital program and a $55 billion transport investment, and has highlighted the infrastructure pipeline and has called for streamlined procurement and collaboration.
New South Wales Budget commits billions to rail infrastructure
New South Wales’ 2026-27 Budget includes A$2.4bn for Parramatta Light Rail Stage 2, A$2.1bn for Sydney Trains reliability and A$4.5bn for Sydney Metro expansion, alongside further rail planning and maintenance funding.
Zenobē secures $400m platform to finance electric fleets in Australia and NZ
Zenobē has secured A$400m from global banks to establish an integrated financing platform for heavy-vehicle electrification in Australia and New Zealand, covering depot infrastructure, vehicle and battery leasing, replacements and fleet operations.
Mack Defense secures $47m to continue US Army truck production
Mack Defense has secured $47 million in US federal funding to continue producing M917A3 Heavy Dump Trucks for the Army at its Allentown facility. The appropriation supports a five-year contract for up to 450 vehicles.
NSW commits $6.5bn for electric buses and depots
New South Wales government has committed $6.5 billion over ten years to procure at least 1,700 electric buses and construct 17 charging depots, and has included a $561.4 million transport affordability package in the state budget.
EU opens €1.1bn call for transport infrastructure projects
The European Commission has launched a €1.1 billion 2026 Connecting Europe Facility call to modernise TEN-T infrastructure, with funding for rail, waterways, military mobility, road-haulage electrification, port charging infrastructure and road-transport digitalisation across the EU, Ukraine and Moldova.
Australian freight start-up to deploy 20 electric prime movers
New Energy Transport has announced plans to deploy 20 electric prime movers and six mobile ultra-fast chargers, after securing $5 million in equity; it has targeted operations before year-end and a Wilton charging hub has been planned for later completion.
Rivian CEO launches separate humanoid robotics firm
Rivian CEO Scaringe has founded Mind Robotics, which has raised over US$1bn and has been established as a separate entity with Rivian as minority shareholder and launch customer; the firm has indicated a product reveal within a year.
CameraMatics secures up to €49m investment
CameraMatics has secured up to €49m from a consortium led by Blume Equity, ISIF and Goodbody Capital Partners to fund international expansion, AI product development and strengthened enterprise sales and customer success capabilities.
NSW commits $190M to Windsor Road upgrade
NSW has committed an additional $190 million to the Windsor Road upgrade at Rouse Hill, bringing its contribution to $200 million and matching federal funding for the $400 million project to ease congestion and improve transport links.
MOVE 2026 to bring mobility leaders together in London
MOVE 2026 will bring automotive, fleet, energy and technology leaders to London’s ExCeL on 17–18 June, with discussions on autonomous, electric and software-defined vehicles, regulation and public trust.
Bartelina Haulage adds two KRONE Box Liner trailers
Bartelina Haulage has added two KRONE Box Liner FS10 sliding skeletal container carriers and has increased its KRONE trailer fleet to six, enhancing operational flexibility for UK container haulage serving Felixstowe and London Gateway.
US awards $134m for rare-earth recovery and refining projects
The US Department of Energy has funded two demonstration facilities to recover and refine rare-earth elements from industrial waste, supporting domestic supplies of materials used in high-performance magnets and electric motors.
NSW seeks projects for heavy EV charging and fuel security
The New South Wales government has opened an EoI for projects over A$100 million and has sought proposals that have addressed fuel security, including renewable fuels and heavy electric-vehicle charging hubs, to lessen diesel reliance and strengthen resilience.
Replica and Arity launch live-data platform to identify road safety risks
Replica and Arity have launched Safety Hub, combining driving-behaviour, multimodal movement and crash data to help US public agencies identify emerging roadway risks, prioritise interventions and assess safety measures. Arity has also invested strategically in Replica.
Australia boosts vehicle-to-grid pilot to 1,000 electric cars
Australia has increased funding for its largest vehicle-to-grid pilot to $16.8 million, enabling around 1,000 electric cars. The programme must still address standards, network connections, tariffs and manufacturer warranty support.
Amber expands Australian V2G pilot to more than 1,000 EVs
Amber Electric will use A$13.6 million in additional government funding to expand its vehicle-to-grid and smart-charging pilot by 950 customers, bringing participation above 1,000 EVs and doubling the number of smart chargers to 2,000.
Western Freeway upgrade secures $50m pre-construction
Federal and Victorian governments have committed $50 million to pre-construction for the Western Freeway upgrade between Melton and Caroline Springs and have advanced planning that forms part of a broader $1 billion federal commitment.
Slate Auto wins $5m grant to expand Michigan headquarters
Slate Auto has secured a $5m performance-based Michigan grant to expand its headquarters in Troy and facility in Sterling Heights. The $10.4m project is expected to create at least 392 jobs as the electric-pickup maker prepares for deliveries from late 2026.
EU approves €288m German aid for semiconductor projects
The European Commission has approved €288m in German state aid for two semiconductor projects, allocating €222m to Zeiss and €66m to Zadient to bolster Europe’s chip supply security and specialist manufacturing capacity.
Kögel invests millions to expand Czech trailer technology centre
Kögel is investing millions to expand its Choceň site in Czechia into a technology centre, adding automated laser cutting and bending equipment, increasing trailer-frame production and planning further welding automation by summer 2026.
Cummins raises 2030 targets, expands engine and power capex
Cummins has raised its 2030 financial targets and has announced expanded large-engine capacity and product investments to strengthen its position in mining and power generation markets, and has reaffirmed its strategy and capital allocation priorities.
EU approves €1.3bn German funding for renewable hydrogen projects
The EU has approved €1.3bn in German state aid for renewable hydrogen projects selected through the European Hydrogen Bank’s 2026 auction. The scheme will support up to 1,000MW of electrolyser capacity and infrastructure linking Denmark and Germany.
Australian start-up secures grant for electric-truck feasibility tool
Eco Route Advisory has secured a $440,000 ARENA grant to develop and test a tool modelling electric-truck range, charging and operating costs for freight operators and infrastructure planners in Australia.
Anthro Energy gains DOE go-ahead for Louisville plant
Anthro Energy has received DOE authorisation to begin construction of a Louisville electrolyte plant and has unlocked a $24.9m grant, which combined with $18.4m tax credits has secured about $43m in federal support for a 25GWh, 12,000‑tonne annual facility.
Ford launches Ford Energy battery storage subsidiary
Ford has launched Ford Energy, a wholly owned subsidiary to supply containerised battery energy storage systems to utilities, data centres and large industrial customers in the US, and has planned at least 20 GWh output with deliveries from late 2027.
Stellantis, Dongfeng to produce Peugeot and Jeep NEVs
Stellantis and Dongfeng have signed a strategic agreement to invest over 8 billion yuan to produce Peugeot and Jeep new-energy vehicles in Wuhan from 2027, with Jeep models designated for global export and Peugeot for domestic and overseas sales.