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Kazam to Raise $6 Million in Series B Funding Round
Electric vehicle startup Kazam is set to raise $6 million in a Series B round led by Vertex Ventures, with contributions from Avaana Capital and Chakra Growth Capital to support its growth.
UK Government Allocates £15.6bn for City Region Transport
The UK government commits £15.6bn to local transport investments in city regions by 2029/30, alongside additional rail funding and bus fare caps, supporting infrastructure and economic growth.
GM to Invest $4 Billion in US Plants Amid Tariffs
General Motors will invest $4 billion in US assembly plants, shifting production from Mexico to comply with tariffs and enhance domestic manufacturing capacity by 2027.
Renault Group Forms Strategic Partnership with Wandercraft
Renault Group makes a minority investment in Wandercraft to develop industrial exoskeletons, aiming to enhance productivity and reduce ergonomic risks in manufacturing processes.
Amazon to Invest $10bn in North Carolina AI and Cloud Infrastructure
Amazon plans a $10 billion investment to expand North Carolina data centres, creating over 500 skilled jobs and supporting the local economy through AI and cloud computing infrastructure development.
indiGO Tech Secures $54M Funding to Expand Light EV Fleet
indiGO Tech has raised $54 million to develop light electric vehicles and autonomous technologies for commercial fleets and ride-hailing services, progressing product launches and service hubs.
Alt Mobility Gains Investment from Beyond Capital Ventures
Alt Mobility, an Indian EV leasing and management firm, secured equity investment from Beyond Capital Ventures to expand its commercial fleet services and digital platform.
Victoria's 2025/26 Budget Emphasises Infrastructure Investment
Victoria's 2025/26 Budget maintains infrastructure investment to support economic growth and job creation, with $8.1 billion new capital and a $213 billion project pipeline prioritising deliverability and sector capacity.
Be.EV to Install 200 Fast EV Charging Bays in UK Retail Sites
Be.EV will invest £20 million to install over 200 ultra-rapid EV charging bays across 22 UK retail and leisure sites managed by Schroders Capital, under 20-year lease agreements.
£1bn Investment Secures Sunderland EV Gigafactory
A £1bn-funded Sunderland gigafactory will produce batteries for 100,000 EVs annually, create 1,000 jobs, and advance the UK’s electric vehicle industry and net zero objectives.
Uno Minda to Invest ₹4.23 Billion in EV Powertrain Plant
Uno Minda plans a ₹4.23 billion investment to build an EV powertrain plant for four-wheelers, aiming to enhance production of key components by FY2026-27.
Transport Nottingham Secures £16m Funding for 2025/26 Projects
Transport Nottingham will invest over £16m from EMCCA in 2025/26 to modernise infrastructure, improve road safety, and support sustainable travel initiatives across the city.
Nissan Invests $1.37bn to Expand EV Lineup in China
Nissan plans a $1.37bn investment over three years to expand its electric vehicle portfolio and enhance local R&D in China, aiming to increase competitiveness amid rapid market changes.
Flock Mobility Secures £1m for EV Fleet Software Expansion
Flock Mobility has raised £1m to advance its AI-driven platform for optimising electric vehicle fleet management, targeting efficiency and emission reductions in enterprise and public sectors.
Financial Firms Face Challenges Modernising IT for AI and Blockchain
Nearly half of financial services firms report legacy technology hindering AI integration, with increased investments in AI, cloud, blockchain, and data harmonisation to address infrastructure gaps.
IPEC Secures $3 Million Funding for EV Charging Expansion
IPEC has secured $3 million in funding to enhance manufacturing capacity and expand into international markets, supporting India's EV charging infrastructure development.
Hertz Shares Rise Over 50% After Ackman Acquires Stake
Hertz shares increased over 50% following Bill Ackman's Pershing Square acquiring a nearly 20% stake, marking the firm as the second largest shareholder amid recent financial challenges.
Hyundai Mobis Hosts Investment Presentation in Detroit
Hyundai Mobis held its annual Mobis Mobility Day in Detroit, focusing on partnerships with local startups to enhance mobility technology and secure market leadership.
EVident Battery Secures $3.2 Million Seed Funding
EVident Battery has closed a $3.2 million seed funding round to enhance battery inspection technology, focusing on aftermarket health and manufacturing quality.
Aston Martin Secures £125 Million Investment from Lawrence Stroll
Aston Martin plans to raise over £125 million through new funding and a partial sale of its Formula One stake, reflecting increased investor confidence.
ChipStart Drives Growth in UK's Semiconductor Sector
ChipStart supports UK semiconductor firms with expertise and funding, fostering innovation and enhancing the sector's economic potential and employment opportunities.
UK Government Commits £13bn to Infrastructure Enhancements
The UK government has announced a £13bn increase in capital investment for infrastructure, aimed at boosting economic growth and addressing regulatory barriers.
£250m Investment in Semiconductor Manufacturing in Wales
Wales attracts £250m investment from Vishay Intertechnology to enhance semiconductor production, supporting EV technology and job creation in the region.
Hyundai Announces $21 Billion Investment in US Operations
Hyundai plans a $21 billion investment in the US, increasing production capacity and focusing on electric vehicles and automotive components over three years.
Hero MotoCorp Acquires Stake in Euler Motors
Hero MotoCorp announces a strategic investment in Euler Motors to enhance its presence in the electric three-wheeler market, aiming for growth and sustainability.
ICAT Establishes Incubation Centre for Automotive Startups
The ICAT has launched an incubation centre to support automotive startups, enhancing India's innovation landscape in the automotive sector through workshops and technology partnerships.
UK Government Approves £290m Investment in M3 Scheme
The UK Department for Transport has approved a £290m scheme to enhance M3 junction efficiency and safety, aiming to significantly reduce journey times and bolster economic growth.
Sunwoda to Invest Over $1 Billion in Thailand's EV Sector
Sunwoda plans a $1 billion investment in EV and energy storage battery production in Thailand, enhancing local manufacturing capabilities and contributing to workforce development.
VMO2 Announces £700 Million Investment for Mobile Network
VMO2 plans to invest £700 million in its mobile network for 2025, enhancing 4G and 5G infrastructure in response to increasing demand and usage.
UK Government Allocates £23 Million for Telecoms R&D Projects
The UK government has announced a £23 million investment in telecoms R&D, focusing on 5G, AI, and various technological projects across multiple regions.
European Commission Proposes Simplified Sustainability Rules
The European Commission introduces proposals to streamline sustainability regulations, aiming to enhance competitiveness and unlock significant investment opportunities within the EU.
8VC Secures $998M for New Investment Fund focusing on Logistics
8VC announces the establishment of Fund VI, raising $998 million to invest in supply chain and logistics innovations amidst a shifting venture capital landscape.
ACT-ion Secures $7.5 Million Funding for CAM Production
ACT-ion has raised $7.5 million to enhance its cathode active materials production technology, targeting improved battery performance and establishing a pilot facility by 2025.
Investec and Kier Property Establish £400m Logistics Venture
Investec and Kier Property form a joint venture to develop urban logistics assets, starting with a £400m scheme in Hemel Hempstead, delivering modern industrial space.
Vidyut Secures $2.5 Million to Expand EV Battery Services
Vidyut has raised $2.5 million to enhance its battery subscription model for electric vehicles, coinciding with growth in India's EV market and government support.
EU Approves €227m Investment in Austrian Wafer Plant
The European Commission has approved a €227m investment to support ams Osram's wafer manufacturing facility in Austria, enhancing Europe's semiconductor supply chain resilience.
Cambridge GaN Devices Secures $32 Million for Expansion
Cambridge GaN Devices raises $32 million to enhance production capabilities of energy-efficient power semiconductors in multiple international markets.
Wa’ed Ventures Invests in UK AI Start-up Ori
Ori receives investment from Wa’ed Ventures to enhance AI infrastructure and establish a presence in Saudi Arabia, supporting local innovation aligned with Vision 2030.
Epsilon Group Plans $1.8 Billion Investment in India EVs
Epsilon Group will invest $1.8 billion in India's EV sector, focusing on battery manufacturing, charging infrastructure, and R&D, to enhance local supply chains and job creation.
European Commission Launches €200 Billion InvestAI Initiative
The European Commission introduces InvestAI to mobilise €200 billion for AI investment, including a €20 billion fund for AI gigafactories, promoting collaborative AI development.
European Commission Launches €20 Billion AI Investment Initiative
The European Commission's InvestAI initiative aims to mobilise €200 billion for AI development in Europe, including a dedicated €20 billion fund for AI gigafactories.
EU Commission Funds 39 Alternative Fuels Projects
The European Commission has allocated €422 million for 39 projects to enhance alternative fuels infrastructure, promoting cleaner transport across the EU.
UVeye Secures $191 Million Funding for Vehicle Inspection
UVeye has raised $191 million to enhance its AI-driven vehicle inspection systems as demand for innovative technology accelerates across the automotive sector.
