MOBILITY STARTUP OTO RAISES $10M FROM GMO VENTURE PARTNERS
Mobility startup OTO Capital has raised $10 million in a funding round led by Japanese VC firm, GMO Venture Partners, as well as other investors including Turbostart and Indian cricketer KL Rahul. A few family offices and existing investors of…
Eicher E-trucks to Provide Sustainable Logistics at ITC Locations
Eicher Trucks and Buses, a division of VE Commercial Vehicles (VECV) Limited, has joined hands with ITC Limited to promote sustainable and environment-friendly mid-mile logistics solutions across various ITC locations in India. As part of this collaboration, ITC, through its…
EV Leasing Firm Electrifi Secures ₹250 Million Funding from ADB
Commercial electric vehicle (EV) leasing and asset management company Electrifi Mobility secured ₹250 million (~$3.02 million) in seed-stage funding led by Asian Development Bank (ADB) Ventures, AdvantEdge Founders and others. The funding will help Electrifi scale up asset deployment, expand…
Kaixin Auto Holdings Announces Partnership with DeepBlue AI Technology to Develop AI EVs
Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it has reached strategic cooperation intention with DeepBlue Artificial Intelligence Technology Company (“DeepBlue AI Technology”). Both have…
Jiuzi Holdings Announces Strategic Partnership Agreement To Acquire And Install Up To 10,000 Smart Electric Vehicle (Ev) Chargers By 2027
Jiuzi Holdings Inc. (NASDAQ: JZXN; the “Company” or “JZXN”), an emerging new energy vehicle (NEV) dealership group operating under the brand name “Jiuzi” in China, today provided updates on its business operations. Shenzhen Jiuzi XinNeng Holding Group Co., Ltd. (“Jiuzi”)…
