EV company Polestar and Gores Guggenheim expect to raise $850 million. Polestar’s stock has now started trading on Nasdaq under “PSNY.”
The new company will be known as NewALD and will give the business extensive global reach with a total of 3.5 million vehicles under fleet management.
Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
Ideanomics has entered into an agreement to acquire VIA Motors International, Inc. in an all-stock transaction for a 100% ownership stake,
Battle Motors is bringing the Battle-Ready Class 8 severe-duty full electric truck to the market this summer with 12 municipal customers.
Stellantis, the merger between Fiat Chrysler Automobiles and Groupe PSA, will “embrace electrification, connectivity, autonomous driving, and shared ownership,” the company said.
Nuro, an autonomous technology company that specializes in small-item, urban deliveries, has acquired autonomous truck development company Ike.
Autonomous technology developer Aurora, which just bought Uber's self-driving vehicle business, says its first market-ready product will be an autonomous truck.
Via plans to use Fleetonomy’s fleet management software to accelerate its entry into logistics and delivery.
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