Deal News

Hedin Mobility acquires automotive retailer Stephen James Group

Hedin Automotive, a subsidiary to Hedin Mobility Group, has expanded its presence in the UK with the acquisition of Stephen…

Stellantis invests in Lyten to advance 3D Graphene-based EV batteries

European automotive firm Stellantis has announced an investment in Lyten to accelerate the commercialisation of advanced electric vehicle (EV) battery technology. Stellantis…

ALD inches closer to buying LeasePlan with €1.2bn capital boost

ALD Automotive, a unit of the French financial services group Society Generale, has raised around €1.2bn via a preferential subscription rights issue.…

Zeti garners investment from Toyota Ventures

Zeti, a digital finance platform for the transportation industry, has secured an undisclosed investment from Toyota Ventures’ Climate Fund. Institutional financiers use Zeti to…

Covid-induced drug driving becoming problem in fleet industry, says AFP

The Association of Fleet Professionals (AFP) has warned that drug driving is becoming a problem in the fleet industry following…

EV subscription service Onto raises $60m for European expansion

Onto, an electric car subscription service provider, has raised $60m in a Series C funding round led by Legal & General. The round…

Livista Energy secures funding to set up lithium refinery in UK

Livista Energy, a start-up seeking to set up one of Europe’s first lithium refineries in England, has secured investment from…