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Tesla to Build EV and Battery Storage Factory in Indonesia
It would be Tesla’s third electric vehicle factory outside its home market, and would help to supply growing demand for electric vehicles in the South-East Asian and Pacific region.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Indonesia’s Moladin Raises $95 Million Series B Funding to Grow Its Automotive Ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Oneport 365 Secures $5 Million in Seed Funding to Help Digitise Africa’s Freight Management
OnePort 365 has bagged $5 Million in seed funding to build an operating system for cross-border trade in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- startups, transportation
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Press Release: In Rural Nigerian Communities, Small Electric Vehicles Powered by Microgrids Cost the Same as Fossil Fuels and Expand Access to Electricity
RMI, Factor[e] Ventures and the UK-charity Shell Foundation show scaling electric mobility with a growing minigrid industry is profitable for both minigrid and electric vehicle operators and improves community access to transportation
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Japan’s Suzuki to Invest $1.4 Billion for Electric Vehicles at India Factory
Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce electric vehicles (EVs) and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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Addis Ababa Inks $29 Million Deals With China Firms for Public Transport Upgrade
Authorities in Ethiopia’s capital Addis Ababa have inked a deal worth $29.17 million with two Chinese companies to modernise the transport sector.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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World’s First Mobility FinTech Moove Raises $105 Million in Series A2 Round to Scale Its Revenue-Based Financing Model Globally
Moove is democratizing vehicle ownership across Africa by providing mobility entrepreneurs access to revenue-based financing in markets with low access to credit.
- Categories
- Finance, Technology, Transportation
- Region
- Global
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Study: Electrifying Motorcycle Taxis in Kampala, Uganda, Shows Air Pollution Benefits
In a new University of Michigan study, researchers set out to understand the air pollutant emissions impacts of electrifying motorcycle taxis in Kampala, Uganda.
- Categories
- Transportation
- Region
- Asia Pacific