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Harman drives into Savari acquisition
Aviva, Flex, SAIC Motors, General Motors and Delta Electronics are all in line to exit the automotive sensor developer through the transaction.
Feb 26, 2021Ringier drives up Carvolution funding
Ringier Digital Ventures helped provide $16.6m for the car subscription service, which has now secured more than $83m in total.
Feb 26, 2021SVolt plugs into $541m series A
Great Wall Motor's automotive battery technology spinoff has raised $541m in a round co-led by Bank of China Group Investment and CMG-SDIC Fund Management.
Feb 26, 2021ECarX drives through another $200m
The Baidu, Geely and SIG-backed in-car technology developer hiked its valuation to $2bn in a series A-plus round led by China Venture Capital Fund.
Feb 26, 2021WiTricity powers up to $52m
The vehicle charging technology developer, a spinout from MIT, has secured a further $18m for a Mitsubishi-backed round.
Feb 26, 2021Joby Aviation takes flight for reverse merger
The Intel Capital, JetBlue Technology Ventures, Toyota AI Ventures and Uber-backed flying car developer is set to list on the NYSE.
Feb 25, 2021Lucid Motors reveals reverse merger details
Mitsui-backed Lucid will be valued at $11.8bn once the deal closes, as it prepares to commercially launch its all-electric luxury sedan.
Feb 23, 2021Xos carries itself to reverse merger
Proeza-backed electric truck producer Xos will list on the Nasdaq Stock Market and have an implied pro forma market capitalisation of $2bn.
Feb 23, 2021Qingju to raise $600m in series B cycle
The bicycle rental service, which was spun off by Didu Chuxing, is reportedly to close a $600m series B round alongside $400m in debt financing.
Feb 22, 2021Analysis: SpaceX takes $850m round
Spacecraft manufacturer SpaceX reached a $74bn valuation, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.
Feb 22, 2021Vogo pogos to series C extension
The Ola-backed urban mobility platform developer has added $11.5m to the $19m in series C funding it secured early last year.
Feb 20, 2021Kakao Mobility hails Carlyle for $200m
Kakao’s ride hailing spinoff Kakao Mobility has received $200m from Carlyle Group.
Feb 19, 2021Featured Content
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