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Wallbox Gains €33Mn Fresh Capital

Spain’s charging solutions supplier Wallbox closed a €33 million financing round led by new investors Cathay Innovation and Wind Ventures. Existing investors such as Iberdrola and Seaya Ventures were also on board. Wallbox expects the new capital to inject strategic…

China’s EV Funding War

US electric carmaker Tesla and its smaller Chinese rivals NIO and Xpeng Motors have been on a US$12 billion capital-raising drive over the past year as their share prices have soared, competing fiercely to attract investors to help fund the…

Ather Energy Raises Rs 260 Crore In Fresh Funding

Ather Energy has recently raised an investment of USD 35 million (Approx Rs 260 crore) in its latest round of Series D that was led by Sachin Bansal’s investment of USD 23 million. The Bengaluru-based start-up was one of the…

Mumbai-Based EV Startup Raises Funding To Launch Three New Models This Year

Mumbai-based electric vehicle (EV) startup Earth Energy EV announced that it received an undisclosed amount of seed funding. The company plans to use the funds to facilitate the launch of three vehicle models, which it has been working on. The…