SparkCharge Raises $23M in Series A Funding

SparkCharge, a Somerville, Mass.-based mobile EV charging network, raised $23m in Series A funding. The round was co-led by Tale Venture Partners and Pendulum with participation from Revolution’s Rise of the Rest Seed Fund, the Mark Cuban Companies, and Silicon Valley Bank, as well as Pusha-T and Summer Watson. SparkCharge has seen record-breaking growth over the… Continue reading SparkCharge Raises $23M in Series A Funding

Samsung to invest $356b over five years to push up growth in strategic sectors

Samsung Group will invest 450 trillion won ($356 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said. South Korea’s top conglomerate said on Tuesday the investments through 2026 are expected to help Samsung drive long-term growth in strategic areas such as the chip sector, while pledging aggressive investments in the biopharmaceutical sector to make it as successful as its chip… Continue reading Samsung to invest $356b over five years to push up growth in strategic sectors

Time to Turn Bullish on NIO Stock? This 5-Star Analyst Thinks So

With a loss of 50% year-to-date, NIO (NIO) shares have been the victim of several negative developments in 2022. These include rotation away from growth, supply chain snags impacting production and the fear of U.S. delisting for Chinese stocks. And most recently, zero-Covid policies have sent large parts of China into lockdown again. But following… Continue reading Time to Turn Bullish on NIO Stock? This 5-Star Analyst Thinks So

Why Nio Stock Is Falling Today

Nio investors are worried that if XPeng is continuing to feel the pinch from strict COVID regulations in China, then Nio will, too. Both Nio and XPeng are based in China, and the Chinese government has a strict “zero-COVID” policy that requires companies, production facilities, and even cities to shut down when coronavirus cases are… Continue reading Why Nio Stock Is Falling Today

Former CEO of Veolia Transportation and Transdev North America Joins BILITI Electric’s Board

Joseph has over 30 years of leadership experience with both public and private transportation organizations across the U.S., Canada, UK, Ireland, and South America. Currently, he is serving as the CEO of Mobitas Advisors, a leading Washington-based advisory firm working with growth-stage companies in the mobility, automotive and energy sectors. Mark is a board member… Continue reading Former CEO of Veolia Transportation and Transdev North America Joins BILITI Electric’s Board

Harley-Davidson’s Serial 1 announces a limited-edition electric mountain bike

Serial 1, the e-bike company spun out of Harley-Davidson nearly two years ago, unveiled another premium model designed to make you open your wallet in helpless surrender. The Bash/Mtn is the company’s first electric mountain bike, and from the look of it, it can absolutely destroy an off-road trail. A rigid, single-speed eMTB (electric mountain… Continue reading Harley-Davidson’s Serial 1 announces a limited-edition electric mountain bike

Mainspring Announces Deal with Lineage Logistics to Deploy up to 150 Mainspring Linear Generators; Raises Over $150 Million in Series E Round

News Summary: Lineage Logistics, the world’s largest temperature-controlled industrial REIT and logistics solutions provider, will deploy up to 150 Mainspring Linear Generators and explore the use of 100% green fuels to power the fuel-flexible Mainspring products. Global private equity investor Lightrock leads the Series E round, joined by Khosla Ventures, Bill Gates, Fine Structure Ventures,… Continue reading Mainspring Announces Deal with Lineage Logistics to Deploy up to 150 Mainspring Linear Generators; Raises Over $150 Million in Series E Round

Greentown Labs Announces Go Make 2022 with Mitsubishi Corporation (Americas), Supported by the M-Lab Companies

The partnerships-focused accelerator is accepting applications from startups with emissions-reducing supply chain innovations SOMERVILLE, Mass. and HOUSTON, May 24, 2022 /PRNewswire/ — Decarbonizing supply chains is critical to reducing emissions from the manufacturing sector and beyond. From production to packaging and distribution, each stage of the supply chain needs robust climatetech innovation. That’s why Mitsubishi Corporation… Continue reading Greentown Labs Announces Go Make 2022 with Mitsubishi Corporation (Americas), Supported by the M-Lab Companies

Park ‘N Fly Named one of Atlanta’s Best and Brightest Companies to Work For® Once Again

Sponsored by an independent research firm, Atlanta’s Best and Brightest Companies to Work For® evaluates specific criteria for each company. These benchmarks include compensation, benefits and employee solutions as well as employee enrichment, engagement, and retention. Employee education and development, employee achievement and recognition, communication, and shared vision are also considered. Diversity and inclusion, work-life balance,… Continue reading Park ‘N Fly Named one of Atlanta’s Best and Brightest Companies to Work For® Once Again

Bank of America to More Than Double Electrify America Ultra-Fast Charging Stations at Financial Centers

Over 90 financial center locations will offer electric vehicle (EV) charging by the end of 2023 CHARLOTTE, N.C., May 24, 2022 /PRNewswire/ — Bank of America and Electrify America today announced plans to more than double the number of financial centers equipped with electric-vehicle (EV) charging stations by the end of 2023. As of the… Continue reading Bank of America to More Than Double Electrify America Ultra-Fast Charging Stations at Financial Centers