Investors include Proeza Ventures, a mobility-focused VC firm backed by Tier 1 supplier Metalsa’s holding company, and BUILD Capital Group. Rob Ferber, employee number one and former science director at Tesla, hired as CTO.
The South Coast Air Quality Management District (SCAQMD) recently approved $27 million in funding to replace higher polluting trucks with their zero-emission counterparts.
The investment round of $2.5 billion comes as the electric vehicle startup retools its factory to produce its three electric vehicles starting in 2021.
As cities and corporations accelerate their adoption of electric trucks and buses, AmplyPower, provider of fleet charging solutions, secured $13.2 million in Series A funding from investors, including Soros Fund Management and Siemens.
The new bill adds $310 billion to the depleted Paycheck Protection Program (PPP), which offers loans for small businesses to cover employee salaries, paid sick or medical leave, mortgage or rent payments, utilities and other debt obligations.
The South Coast AQMD released Program Announcements for the 2020 Carl Moyer Program, including the SOON (Surplus Off-Road Opt-In for NOx) Provision. Applications are now being accepted.
The City of Cambridge will replace three aging refuse vehicles with plug-in hybrid trucks, partially thanks to grant funding.
The $60 million will support the overall growth of Motiv, including opening a new engineering and manufacturing facility in Detroit as well as facilitate further growth in the large-fleet customer segment.
The company has now raised more than $88 million in funding from firms such as Invus Opportunities, Conversion Capital, Enterprise Holdings Ventures, Madrona Venture Group, Maveron, Perot Jain LP, Total Ventures and Vulcan Capital.
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