Katie Roof

Business, Technology, Equipment, Fuel

Blink Charging Acquires SemaConnect to Boost EV Infrastructure

Blink A charging station in Germany. (Krisztian Bocsi/Bloomberg News)

Electric vehicle charging business Blink Charging Co. has agreed to acquire SemaConnect Inc., an electric vehicle infrastructure company, for $200 million in cash and stock, according to a statement June 14, confirming a Bloomberg News report. 

Katie Roof | Bloomberg News
June 14, 2022
Business, Technology

EV Maker Rivian Raises $2.5 Billion in New Funding Round

Rivian's R1T electric pickup truck. Rivian's R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)

Rivian Automotive Inc., the electric truck startup already backed by Amazon.com Inc. and Ford Motor Co., raised $2.5 billion in new funding from a group of investors led by T. Rowe Price Associates Inc.

Katie Roof | Bloomberg News
July 10, 2020