EV Charging Provider Electrify America Raises $450 Million, Siemens to Become a Minority Shareholder

​Virginia-based electric vehicle charging provider Electrify America announced it has raised $450 million in new equity financing at a post money valuation of $2.45 billion. Industrial manufacturing company Siemens was among the participants in the new funding round, becoming the first-ever outside investor in Electrify America.

Eric Walz2022-08-04 10:15 PT

The First of Tesla’s China-made V3 Superchargers is Now Online in Shenzhen

The first of Tesla's China-built V3 Superchargers is now online in Shenzhen. The V3 Superchargers for Tesla's charging network in China are now being built at the automaker's new Supercharger manufacturing facility in Shanghai, which started production on Feb 3. Tesla is actively expanding its Supercharging network in China, which is the world's biggest auto market.

Eric Walz2021-06-27 10:55 PT