• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

United Airlines is investing in sodium-ion battery development

The US airline United Airlines has made a strategic investment in Natron Energy. However, United is not interested in electrifying its aircraft, instead focusing on the ground vehicles that travel for the airline. Natron Energy is a US developer of sodium-ion batteries. United Airlines’ investment, of an undisclosed amount, comes primarily against the backdrop of […] More…

Customcells raises €60 million in Series A financing round

Customcells has raised 60 million euros in a Series A financing round. The German battery cell manufacturer intends to use the money to expand its activities in the electrification of air traffic, intensify research and development and drive forward internationalisation. Customcells has been manufacturing cells for special applications for ten years – with a strong […] More…

Einride collects half a billion in funding

Swedish electric transport specialist Einride has secured $500 million in funding, which includes both a $200 million Series C equity raise and a $300 million credit facility. The capital raised via Series C round comes from Swedish pension fund AMF, EQT Ventures, Northzone, Polar Structure, Norrsken VC and Temasek and includes a $90 million convertible […] More…