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Aptera Engages US Capital for Production Funding, Ending Current Crowdfunding in June
San Diego, CA – [May 15, 2024] – Aptera Motors Corp. (“Aptera” or the “Company”), a leader in solar electric vehicles, is pleased to announce it’s current crowdfunding offering is coming to a close, marking a significant milestone in the Company’s journey towards high-volume production.

Rivian to Receive $827M in Illinois State Funding to Expand Normal, IL Facility
Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at its plant in Normal, IL.

RIMAC AND MILLER MOTORCARS LAUNCH RIMAC GREENWICH

Rimac Greenwich has launched in Connecticut, USA, developed in partnership with Rimac Automobili and Miller Motorcars. The Miller Motorcars brand has been a cornerstone of the automotive luxury market since 1976, offering a diverse portfolio of the world’s most prestigious automotive marques.

Cylib closes €55M Series A for industrial scaling

The investment round is the largest ever raised by a European battery recycling company

Leading automotive, industrial, climate and deep tech investors join forces for the first time to back next-generation battery recycling technology company cylib to support a resilient and sustainable battery infrastructure in Europe
World Fund, Porsche Ventures, Bosch Ventures, DeepTech & Climate Fonds, NRW.Venture, Vsquared Ventures, Speedinvest, 10x Founders and established business angels join historic funding round

Bedrock Materials Accepted into StartX
Bedrock Materials, Inc. (“Bedrock Materials”), a leading innovator in the production of sodium-ion battery active materials, today announced that it has been accepted into the prestigious StartX incubator, a startup incubator designed to support new ventures built by Stanford students, professors and alumni.

Vitesco Technologies starts with solid quarterly results into fiscal year 2024
Quarterly sales of around €1.99 billion (Q1 2023: €2.31 billion)
Adjusted EBIT: €33.0 million (Q1 2023: €30.8 million) with an adjusted EBIT margin of 1.7 percent (Q1 2023: 1.4 percent)
Order intake of €708 million, of which around 40 percent in the electrification business
Vitesco Technologies confirms outlook for fiscal year 2024

H2 MOBILITY and BASF forge ahead with construction of hydrogen refuelling station
Frankenthal, 08.05.2024 | H2 MOBILITY Deutschland and BASF are jointly investing in the construction of an H2 refuelling station in Frankenthal.

Opening of the eHaul exchange station – key findings
Der automatisierte Batteriewechsel funktioniert – auch mit tonnenschweren Nutzfahrzeugbatterien und einem Zeithorizont von wenigen Minuten.

NEW ‘VOLTRON NEVERA POWERED BY RIMAC’ RIDE OPENS AT EUROPA-PARK
When the largest amusement park in Germany, Europa-Park, began construction on its new ‘Croatia’ area, it found inspiration in Rimac hypercars and technology for their new record-breaking rollercoaster as its centerpiece: the Voltron Nevera Powered by Rimac. Now, this multi-launch new ride is open to Europa-Park visitors, sweeping through replicated Croatian landscapes and telling the story of one of Mate Rimac’s greatest inspirations and countrymen, Nikola Tesla.

New Depot For Alternative Drive Systems: Public Hydrogen Refuelling Station In Heidelberg Goes Into Operation
Heidelberg, 19 April 2024 | The public hydrogen refuelling station from H2 MOBILITY was officially put into operation today as part of the depot presentation for buses with alternative drive systems by Rhein-Neckar-Verkehr GmbH (rnv).