Harbinger, a California-based maker of chassis for electric vehicles, announced it has raised $100 million in a Series B funding round, with proceeds aimed at scaling the volume production of its medium-duty electric truck platform. Founded in 2021, Harbinger specializes in the development of chassis for electric commercial and specialty vehicles. The product comes ready to use, and is designed…
Amazon announced it plans to invest more than $1 billion to electrify and decarbonize its transportation network across Europe over the coming years. The plans come as Amazon unveiled its largest-ever heavy-duty electric truck order, with more than 200 trucks to beEV added to its fleet in Europe. According to Amazon, the new order forms part of the company’s Climate…
M&G’s impact investing unit responsAbility Investments announced today that it has raised over $350 million for its Asia Climate Strategy, aimed at actively contributing to CO2 reduction in Asia through targeted investments in low-emission technologies. Launched in November 2023, the strategy was established with a target to reach $500 million, and a goal to achieve 16 million tons of CO2…
Asset managers and owners are using AI and other innovations to vote and engage with companies more effectively and efficiently. The volume of stewardship activity has evolved considerably in just a few years, leading many asset managers to either buy or build their own technologies to improve the efficiency with which they interact with investee companies. “Five years ago, we…
New York Governor Kathy Hochul unveiled plans to invest more than $1 billion aimed at decarbonizing the state’s economy. Announced at Hochul’s 2025 State of the State presentation, the Governor’s planned investments cover areas including expanding renewable energy and supporting low carbon buildings and transportation. Hochul’s planned climate investments also include exploring the acceleration of advanced nuclear energy technologies, with…
Global alternative investment manager Apollo and UK-based international banking group Standard Chartered announced today the launch of a new strategic partnership focused on accelerating financing for infrastructure, clean transition and renewable energy globally. The new initiative follows the launch by Apollo in 2023 of Apollo Clean Transition Capital (ACT Capital), an investment strategy aimed at investing in companies to provide…