Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
Tags: Electric Vehicle
China's Massive EV Ship Docks in Brazil as Local Auto Groups Urge Higher Tariffs
China's largest EV ship docks in Brazil, sparking local calls for higher tariffs to protect domestic auto jobs.
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Tariffs threaten the EV industry's growth, but Tesla and Volkswagen may gain an advantage with more American-made vehicles.
Lucid CEO Peter Rawlinson's Departure Marks New Chapter as EV Maker Eyes More Growth
Lucid CEO Peter Rawlinson steps down as the EV maker plans to double production, with Marc Winterhoff stepping in as interim leader.
Ethiopia to Block Imports of Gas-Powered Cars With Electric Vehicle Transition but Stalls Due to Infrastructure Issues
Ethiopia's switch to electric vehicles faces major infrastructure issues, pushing many to reconsider their choices.
Latest News
General Motors (GM) has secured a $500 million grant from the US Department of Energy to support the production of EVs at its Lansing Grand River Assembly plant.
German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.
The first electric vehicle (EV) of Ferrari reportedly has a hefty price tag of over $500,000. The first electric vehicle (EV) of Ferrari reportedly has a hefty price tag of over $500,000.
Thieves in Seattle swiftly target an electric vehicle charging station, snatching copper charging cables as part of a nationwide trend of cable thefts, prompting concerns over security.
Volvo has reportedly started moving production of EVs to Belgium in anticipation of the European Union's impending taxes on China-made cars.
Volvo is relocating the production of its Chinese-made electric vehicles to Belgium in anticipation of potential EU tariffs on Beijing-subsidized imports, thereby avoiding the need to halt sales of these EVs in Europe.
Former Tesla board member and clean technology venture capitalist Steve Westly said that he is siding with current board members plotting a coup against the move to increase Elon Musk’s pay package to $56 billion.
Nissan has decided to delay its plan to build new EVs at its factory in Canton, Mississippi. Nissan has decided to delay its plan to build new electric vehicles (EVs) at its factory in Canton, Mississippi, since EV sales are increasing slower than anticipated.
Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.
