NEW ENERGY Volanews

SINGAPORE EV startup ION Mobility

SG's ION Mobility Secures US$3.3M to Drive SEA's 200M Motorcycle Users to Use EVs, Starting with Indonesia The funds will be used to launch its electric motorbikes in Southeast Asia, expand market presence and develop its R&D, supply chain and manufacturing capabilities.

by e27

2020-10-19

ISRAEL POLICY NEW ENERGY

Israeli Government Agencies Invest More Than $3 Million in Alternative Energy R&D The funds will be divided into two groups: the first NIS 10 million will focus on the energy market and the remaining NIS 2 million will fund research in promoting renewable energy and energy efficiency in the manufacturing industry.

by CalcalisTech

2020-09-25

CHINA Startups Star Charge

Chinese EV Charging Operator Star Charge Nabs $125m Co-Led by Schneider, CICC It counts 59 leading automobile groups as clients and these include names such as Jaguar, Porsche, Benz, Land Rover, Hyundai Motor, BYD, BAIC, among others.

by DealStreetAsia

2020-09-25

INDIA Startups SenseHawk

Indian Solar Saas Startup Sensehawk Raises $5.1M in Series A Round Led by Alpha Wave Incubation SenseHawk’s cloud-based platform modules enable solar companies to reduce costs, enhance workforce productivity, and improve solar site performance by leveraging sophisticated AI and machine learning models.

by YourStory

2020-09-07

SINGAPORE EV startup QIQ Global

S’Pore Startup QIQ to Launch Shared Electric "Microcars" Rental for Short Trips By 2021 QIQ Pods can also autonomously park themselves at the nearest charging stations. Riders simply have to leave their cars by the curb.

by vulcanpost

2020-08-14

CHINA GIANT Xpeng Motors

Alibaba-Backed Chinese EV Maker Xpeng Motors to Kick Off USD 700 Million US IPO This plan comes shortly after Xpeng Motors raised USD 500 million earlier this month from investors including Hillhouse Capital.

by KrAsia

2020-08-03

CHINA GIANT Li Auto

Chinese EV Maker Li Auto Jumps Over 50% in Nasdaq Debut Li Auto said in the prospectus that it would use most of the proceeds raised for capital expenditures, as well as research and development of new products.

by DealStreetAsia

2020-07-31

INDIA Startups Ather Energy

Indian Electric Scooter Manufacturer Ather Energy Raises Rs 84 Cr from Hero Motocorp With the funding, Ather is now entering an aggressive expansion phase on the back of its flagship product, the Ather 450X, and is looking to scale to 20 cities by the end of 2021.

by YourStory

2020-07-27

CHINA Startups Li Auto

Chinese Electric Vehicle Maker Li Auto Launches IPO of Up to $950m Alongside the IPO, Li Auto will also raise $380 million from a concurrent private placement of shares to investors including Meituan Dianping via its British Virgin Islands-incorporated unit, and TikTok owner ByteDance via a Hong Kong unit.

by DealStreetAsia

2020-07-27

INDIA Startups Fourth Partner Energy

Indian Solar Solution Startup Fourth Partner Energy Raises $15M in Third Round from Responsability This facility will be utilised for construction of new assets across the startup's distributed solar and open access portfolios.

by YourStory

2020-07-23

CHINA Startups Segway-Ninebot

Chinese E-Scooter Maker Segway-Ninebot Seeks to Raise $297m in Mainland’s First CDR Listing Segway-Ninebot was created in 2015 after Beijing-based Ninebot acquired American personal-transporter manufacturer Segway.

by DealStreetAsia

2020-07-23

CHINA Startups Xpeng Motors

Alibaba-Backed Electric Vehicle Maker Xpeng Raises $500m The funding will enable Xpeng to further develop intelligent vehicle technologies. It also plans to have around 200 showrooms in China by the end of this year.

by DealStreetAsia

2020-07-20

CHINA TECH GIANT CATL

Tesla’s Battery Supplier CATL Leads The Market with USD 70 Billion Market Cap CATL's share price may have been boosted by news that it will supply power batteries to Tesla's (NASDAQ: TSLA) Gigafactory in Shanghai starting this month.

by KrAsia

2020-07-16

CHINA GIANT BYD

Warren Buffet-Backed BYD Becomes China’s Most Valuable Electric Car Company BYD first started its business by making batteries for cellphones, later transitioning to EV battery production.

by KrAsia

2020-07-09

SOUTH AFRICA NEW ENERGY BLOCKCHAIN

Sun Exchange Secures $3 Million Investment from ARCH’s Africa Renewable Power Fund The firm has brought solar power to 13 South African schools, businesses and organisations, offsetting 1,500 tonnes of carbon per year, and growing.

by TechMoran

2020-06-11

AFRICA NEW ENERGY MPOWER

MPower Raises $430k to Expand Its Off-Grid Energy Solutions in Africa MPower provides Plug&Play solar kits and energy-efficient appliances for domestic and productive use and software to track and digitize all operations.

by TechMoran

2020-04-29

MOROCCO NEW ENERGY Noor Midelt

What Happens When The Sun Goes Down? Morocco Has A USD 780 Mn Solar Project That Answers It will provide dispatchable solar energy during the day and until five hours after the sun has set for a record-low tariff at the peak hours of 0.68 Moroccan dirhams per kilowatt-hour.

by WeeTracker

2020-04-27

NEW ENERGY SOUTH AFRICA Shell Foundation

Sub-Saharan African Solar Companies To Gain From Shell & FMO’s Newly Launched USD 120 Mn Fund In cahoots with the Dutch entrepreneurial development bank, FMO, UK-registered charity, Shell Foundation, has unveiled a USD 120 Mn fund to provide financing for early to growth-stage companies in SSA operating on the region’s solar space.

by WeeTracker

2019-12-12

KENYA NEW ENERGY COOPERATION

Angaza & SIMA launch a clean energy access fund for distributors DFF will invest in distribution companies working to provide clean energy access for all in emerging markets.

by techmoran

2019-11-27

SOUTH AFRICA Yellow NEW ENERGY

SA startup Yellow lands $725k to help distribute solar energy device in Uganda, Malawi The platform changed everything, and the business developed huge traction, says Yellow co-founder Michael Heyink.

by ventureburn

2019-11-26