Electric Vehicles

The deal will allow United Hatzalah’s network of volunteers to use foldable vehicles when responding to medical emergencies in Israel.

Italy, Germany, France, and Spain are the most promising markets for Niu, Constanty says.

Investors doubt that the controversial businessman can deliver a mass-produced electric vehicle.

The development comes a few days after Ola’s electric mobility business Ola Electric raised a USD 200 million funding round.

With the new funding, Ola Electric plans to accelerate the development of electric scooters and motorbikes as well as electric cars.

Deal with startup Lordstown gives Taiwanese company first auto foothold in America.

As global liquidity returned at the end of 2020, many heavyweight investors began pooling money to take on the monumental challenge.

EV unit was expected to use funds for auto development and working capital.