Search Results Found For: "Lion Electric"

Yellow is the new green: get on board the new eLion electric school bus

Québec-based Lion Bus showed its eLion Type C electric school bus at the recent ACT Expo in Long Beach. The eLion features a modular battery design that allows customers to customize the range depending on their route distance, charging availability and desired price. Options range from 50 miles of range with 3 battery modules up… Read more »

Traton secures €850 million for investments in battery-electric trucks and buses

The Traton Group, majority-owned by Volkswagen, has raised a total of €850 million to invest in battery-electric drivetrains. In 2025, Traton introduced a Green Finance Framework, enabling investors to specifically support projects related to battery-electric commercial vehicles. The company has now completed its first two transactions under this framework, issuing a €500-million green bond and… Read more »

Germany to invest one billion euros in electric truck charging infrastructure

Germany’s Federal Ministry of Transport (BMV) has announced an investment of one billion euros over four years to build charging infrastructure for heavy commercial vehicles. The new funding is available both for fleet operators and public charging providers. The new funding represents one of the key measures of Germany’s Master Plan for Charging Infrastructure 2030…. Read more »

Humble raises $24 million in seed funding to develop an autonomous Class 8 electric truck

Are you ready to share the highways with 80,000-pound trucks that drive themselves? Well, it may take a while, but they’re coming. And all agree that like all autonomous vehicles, they will be electric vehicles. Autonomous truck startup Humble has emerged from stealth, and announced a prototype of a fully autonomous, cabless electric hauler designed… Read more »

Rockit Motors raises over $47 million to expand electric motor contract manufacturing

Rockit Motors has raised more than $47 million in equity and debt facilities from MKB Equity Partners, National Bank of Canada and BDC Capital. Rob Briscoe, the company’s President and CEO, retains majority ownership and control. The Montreal-based company manufactures electric motors, generators and components—stators and rotors included—for OEMs and Tier 1 suppliers in power… Read more »

Slate raises $650 million, says low-cost electric pickup remains on track for late 2026

Slate Auto says it has closed a $650 million Series C round, giving the startup additional capital as it moves toward production of its low-cost electric pickup. The company said TWG Global led the round, and that it has now taken more than 160,000 reservations for the Slate Truck, with first customer deliveries still planned… Read more »

Scotland to invest £45 million to support deployment of 334 electric buses

The UK may not yet be in Norway’s EV league, but it is steadily moving to electrify its transport networks. A couple of weeks ago Albion announced plans to fund 484 new electric buses in 10 regions of England. Now the Scots, not to be outdone by their southern neighbors, have confirmed £45 million in… Read more »

Flux Power secures $3.6 million in lithium-ion pack orders for electric aviation ground support equipment

Flux Power has received more than $3.6 million in new purchase orders to provide its lithium-ion battery packs to a major North American airline. The company says that these orders further extend its presence in aviation energy systems, specifically supporting ground support equipment deployments. The additional orders will enable the ongoing supply of Flux Power’s… Read more »

Electric truck maker Harbinger raises $160 million in funding, sells 53 trucks to FedEx

Harbinger, a manufacturer of medium-duty electric and hybrid vehicles, has raised $160 million in a Series C funding round co-led by FedEx, Capricorn’s Technology Impact Fund, and RV manufacturer THOR Industries. With this round, Harbinger has raised $358 million to date. Along with its investment, FedEx placed an initial order for 53 Harbinger electric trucks…. Read more »