EV
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Silicon Valley-based Almaz Capital was co-founded in 2008 as a bridge VC fund by Alexander Galitsky, a serial techpreneur and former senior executive at the Soviet Space Agency and Defense Industry. Almaz also has an office in Berlin and partners with interests in the UK, Poland and Ukraine. The global fund has invested in over 30 startups and managed 15 exits within its portfolio.Recent investments in 2021 include co-leading the $54m Series B round of Refurbed with Evli Growth Partners in August. Almaz was also the lead investor for the $6m funding round for US-based precision audio software Sonarworks in July.
Silicon Valley-based Almaz Capital was co-founded in 2008 as a bridge VC fund by Alexander Galitsky, a serial techpreneur and former senior executive at the Soviet Space Agency and Defense Industry. Almaz also has an office in Berlin and partners with interests in the UK, Poland and Ukraine. The global fund has invested in over 30 startups and managed 15 exits within its portfolio.Recent investments in 2021 include co-leading the $54m Series B round of Refurbed with Evli Growth Partners in August. Almaz was also the lead investor for the $6m funding round for US-based precision audio software Sonarworks in July.
Supercharging and battery swap in race to cut EV charging times in China
Supercharging can slash EV charging times but has technological challenges. Hence battery swapping is on the rise in China, with state support
SWITCH Singapore: Xpeng expects strong China EV growth after 3Q rebound, launches overseas expansion
Welcoming foreign player entry as potential boost to EV adoption, Xpeng President Brian Gu also notes attractiveness of overseas markets, especially Europe
Subsidy cut has dented sales, but China's EV manufacturers need better products to win over buyers
Eliminating subsidies is a painful must for the sustainability of China’s electric vehicle industry
Behind Indonesia's recent EV push
EV prices in Indonesia are still high and there are concerns about infrastructure, but serious policymaking and private sector support can boost consumer adoption
EV maker Xpeng Motors partners Didi to offer car rentals and better charging services
Besides working with China's largest ride-hailing platform, Xpeng Motors has also connected to the charging networks of EV maker NIO and TELD, China's biggest EV charging network
Chinese EV startups feel the heat as Tesla slashes prices, market subsidies ending
Tesla's recent price cuts and upcoming Shanghai plant for producing cheaper cars are increasing pressure on its Chinese rivals
Wallbox’s bumper funding boosts Spain’s EV charging sector
Wallbox’s generic EV charging systems are sold in 40 countries, including the US and China; attracting major backers like Seaya Ventures, Spanish utility Iberdrola and US VC Endeavor
Plug-it and Drive-it with Wallbox’s EV quick chargers
Created by an ex-Tesla engineer, these generic chargers are fast and easy to use – just like recharging mobile phones
Mass production and delivery delays – common challenges facing China EV startups
As Tesla postponed delivery yet again, its Chinese rivals are scrambling too
This EV maker caters to young consumers by making driving easier and more fun
Amongst all the players in China’s EV market, Xpeng Motors still stands out
Europe ramps up development of local EV battery sector in race to zero emissions
Startups, automakers jostle or unite to ride the fast-growing EV battery market, as the EU pumps billions into developing its own value chain, to cut reliance on imports
Place to Plug: Symbiosis in scaling with the electric vehicle sector
Launched commercially just five months ago, EV-charging infrastructure platform Place to Plug has already attracted attention from investors in Silicon Valley and Asia
BeePlanet Factory: Recycling EV batteries as a sustainable, profitable business
With 4kWh–200kWh residential and industrial battery packs, the Pamplona-based startup wants to scale its energy storage solutions in the agri-food sector, camping sites and mountain huts
GoWithFlow: Scaling ERP platform for sustainable mobility in global transportation markets
Portugal’s CEiiA spin-off leads the way to manage smart transportation systems of cities and corporations to boost fleet performance by reducing CO2 emissions and maintenance costs
Li Bin: Aiming for more than a Chinese copy of Tesla
Good at making and investing money, he founded two companies that went on to list on the NYSE and invested in over 40 startups
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