FLO secures $136 million in Series E funding to accelerate EV charging solutions and infrastructure expansion

FLO announced that the company wrapped up their latest investment round during their Series E equity financing round. During this series, FLO raised $136 million of long-term capital, led by Export Development Canada. The investment […]

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Tesla sues Matthews International for $1 Billion over alleged trade secret theft in battery technology

Tesla has filed a lawsuit against Matthews International Corporation in the U.S. District Court for the Northern District of California, accusing the Pittsburgh-based supplier of misappropriating trade secrets related to Tesla’s dry electrode battery manufacturing […]

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Neoen Secures Contract to Create Australia’s Largest Battery Energy Storage System with Tesla Megapacks

Neoen, a French renewable energy and storage developer, has secured a new contract to expand the Collie battery with more Tesla Megapacks. The expansion will see the project become Australia’s largest battery energy storage system […]

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Fisker facing bankruptcy in weeks without new investment, according to SEC filing

Fisker might commence bankruptcy procedures as early as the middle of May, according to a filing with the US Securities and Exchange Commission, SEC. The embattled company has not been able to attract an investor to secure a lifeline. Fisker defaulted […]

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