Canoo Holdings Ltd., a company developing electric vehicles (EV) from the ground up, and Hennessy Capital Acquisition Corp. IV (HCAC), a special purpose acquisition company, announced they have entered into a definitive agreement for a business combination that would result in Canoo becoming a publicly listed company. Upon closing of the transaction, the combined operating company will be named Canoo Inc. and will continue to be listed on the Nasdaq Stock Market under the ticker symbol “CNOO.”
StreetDrone, the full-stack autonomous technology company, have won UK Government funding as part of a consortium tasked with delivering an autonomous logistics capability to Nissan’s Sunderland car plant.
BOGESTRA (Bochum-Gelsenkirchener Straßenbahnen) and HCR (Straßenbahn Herne-Castrop-Rauxel), two of Germany’s leading Public Transport Operators (PTOs), have taken delivery of the first vehicle in a joint fleet order for 22 eBuses from BYD – the world’s leading eBus manufacturer. The handover brings about a landmark moment for BYD as it begins fleet deliveries to a public transport provider in Germany for the first time.
Porsche Automobil Holding SE (Porsche SE), Stuttgart, is expanding its venture portfolio by investment in Aurora Labs Ltd. for $2.5 million. This represents a stake in the low single digit percentage area.
As the first customer of the second test phase in Germany, DB Schenker has received a battery-electric eActros of the so-called “innovation fleet”. This leading company for global logistics services will use the 25-ton truck for the delivery of general cargo — i.e., palletised goods that are too large and heavy for parcel delivery — in the city centre of Leipzig.
Penske Truck Leasing continues to progress and drive key learnings in
commercial electric vehicle advancement with the official opening of its
sixth heavy-duty electric vehicle charging station in Southern,
As cities increasingly discuss the introduction of “low emission zones”,
BMW is making another important contribution to boost the uptake and
attractiveness of electromobility among consumers, by launching BMW
eDrive Zones in London and Birmingham.
Jaguar Land Rover is pioneering software that will reduce motion
sickness by adapting the driving style of future autonomous vehicles, to
continue to provide our customers with the most refined and comfortable
SEEIT, the first UK-listed investment company of its kind to invest
exclusively in the energy efficiency sector, is pleased to announce that
it has entered into an agreement with Electric Vehicle Network Limited
(“EVN”) to acquire an initial 112 rapid and ultra-fast EV charging
stations across the UK for a total consideration of up to £50 million.