Brooklyn-based electric vehicle charging infrastructure startup Revel on Monday launched its first fast-charging station in San Francisco, kicking off its plans to expand across the Bay Area over the next year. “For years, Revel has operated the largest, fastest, and most reliable fast-charging network in New York City,” Frank Reig, co-founder and CEO of Revel,…
Category: EV charging
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Revel nabs $60M in New York State funding to build more EV chargers
As President Donald Trump attempts to freeze funding for a $5 billion federal EV charging infrastructure program, some states are stepping up. EV charging infrastructure startup Revel secured Monday a $60 million loan from New York’s clean energy investment fund NY Green Bank to more than triple its current public fast charging network in NYC. …
Elon Musk, EV charging, Global IT News, Global Security News, Tesla, Transportation
Trump admin freezes EV charging program that gave Tesla millions
The Department of Transportation has paused funding for a $5 billion EV charging infrastructure program that Tesla has received at least $31 million from. The move is widely viewed to be illegal. It’s the latest attempt from the Trump administration to hack away at federally funded renewable energy projects around the country, a clear priority…
Climate, Congruent Ventures, EV charging, Exclusive, Fundraising, Global IT News, Global Security News, platforms, Presto Charging, Transportation, Union Square Ventures
Presto is building Stripe for EV charging
Presto is helping connect fleets and charging networks so drivers can find working chargers quickly. © 2024 TechCrunch. All rights reserved. For personal use only.
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Amperesand targets data centers as the next big customer for its solid-state transformers
Amperesand’s technology replaces the iron cores that define old transformers with silicon carbide. © 2024 TechCrunch. All rights reserved. For personal use only.
Climate, DOE, EV charging, evgo, Global IT News, Global Security News, Government & Policy, inflation reduction act, Transportation
EVgo secures $1.25 billion loan amid Biden’s rush to approve clean energy loans
Electric vehicle charging startup EVgo is the latest company to secure funds from the U.S. Department of Energy as the Biden administration races to approve clean energy loans before Donald Trump takes over. Trump has promised to cancel any unspent funds from Biden’s bipartisan Inflation Reduction Act, including the $7,500 tax credit for new EV…