Conigital Announces Landmark £500 million Series A+ Funding Offer
British driverless vehicle company Conigital, which has operations in Australia, Brazil, and India, has secured an offer of £500 million in Series A+ funding. Announced at this year Low Carbon Vehicle (LVC) Connected Automated Mobility (CAM) event, this investment, described as “transformative” and made up of a combination of equity and debt, is the outcome […]
National Highways to invest £135 million in eight major North East and Yorkshire roads
National Highways has said that it will invest £135M in improving roads across the North East and Yorkshire in the next 12 months, including eight major motorways and A roads. The package of improvements to roads, pavements and bridges across the region comes as an effort to support the government’s agenda to level up transport […]
Nissan to build £1bn EV factory in Sunderland
Carmaker Nissan has announced it’s building a £1 billion flagship Electric Vehicle Hub in Sunderland which it says will create a world-first EV manufacturing ecosystem. Nissan EV36Zero will “supercharge” the company’s drive to carbon neutrality and establish a new 360-degree solution for zero-emission motoring. The transformational project has been launched with an initial £1bn investment […]
