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Total nearing VSB acquisition
The transaction would value VSB at EUR 2 bn
Norway might show the world what an all-EV car market looks like
Increasing charging infrastructure and strong government support contributed to the increased EV uptake in the country
Aramco finalizes acquiring a minority stake in Horse Powertrain
The transaction assigned Horse a EUR 7.4 bn enterprise value and would see Renault and Geely each retain a 45%…
Tunisia approves 2025 finance bill, includes support for green sector
The bill proposes reducing the value-added tax rate of hybrid vehicles to 7% and exempting them from consumption taxes in…
ADB will fund 12 solar projects in Thailand
The funding includes USD 260 mn from ADB’s ordinary capital resources and USD 529 mn in parallel loans from various…
A basket of updates from Egypt’s EV sector, courtesy of Mansour Auto + Chinese players
The factory is expected to begin production within the next two years
Abdul Latif Jameel-backed Rivian closes in on USD 6.6 bn US federal loan
The money will be used to build an EV plant in Georgia
Germany’s KfW will sink EUR 24 bn in hydrogen transmission network
KfW plans to keep user fees manageable by compensating operators through an amortization account, with costs expected to be repaid…
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