This round was led by Blume Ventures and Antler, with significant participation from Google and other investors.
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Italy and Spain support EU’s proposed tariffs on Chinese-made electric vehicles, potentially influencing the final decision.
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INDUSTRY NEWSLatest News
UK Labour government accelerates solar power initiatives following election victory
by Biplab Dasby Biplab DasThis rapid action marks a significant shift from the previous administration’s policies and signals Labour’s commitment to green energy.
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INDUSTRY NEWSLatest News
Archer and Southwest Airlines team up to revolutionise commutes with eVTOL technology
by Biplab Dasby Biplab DasThis collaboration aims to significantly reduce airport commute times and environmental impact by integrating electric vertical takeoff and landing (eVTOL) aircraft into Southwest’s operations.
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INDUSTRY NEWSLatest News
Airbus increases 20-year jetliner demand forecast, highlighting growth in wide-body jets
Airbus categorises its demand forecasts into single-aisle planes, the most widely sold models, and wide-body jets used for longer trips.
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The strengthening dollar, buoyed by the aftermath of a failed assassination attempt on US presidential candidate Donald Trump, exerted pressure on oil prices.
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Ariel Motor Company launches the Nomad 2, a highly customisable and advanced off-road sports car with improved performance and capabilities.
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INDUSTRY NEWSLatest News
Global electric vehicle sales rise amid regional disparities
by Biplab Dasby Biplab DasChina accounted for over 60% of the total global sales, with strong performance from domestic automaker BYD playing a key role.
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Tesla’s decision to launch a more affordable rear-wheel drive Model 3 variant underscores its commitment to expanding accessibility to EVs.
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The US Department of Energy is attempting to buy 4.5 million barrels of oil to refill the Strategic Petroleum Reserve, but faces obstacles due to …