Automotive

News Autofixer Receives 3 Million Euros for European Expansion Autofixer expects revenue of approximately 52 million euros and one million orders in 2026. The Polish e-commerce startup has now secured three million euros to expand its platform and enter additional European markets.
News NOVUS Secures a Double-Digit Million Amount for Expansion in Europe and the U.S. The NOVUS, with its NOVUS One model, combines the features of an e-bike, a scooter, and a motorcycle. The vehicle is already in mass production and is being delivered to European customers.
News Farizon Brings Electric Trucks to Europe: Is China Now Launching an Offensive in the Commercial Vehicle Market as Well? After the passenger car market, European truck manufacturers are now in the crosshairs of Chinese competitors. Farizon is preparing to launch a 600-kWh electric homtruck for Europe.
News BMW i Ventures launches 300 million dollar fund 300 million dollars for the future of AI in the automotive industry. Physical AI meets production. This is how BMW wants to redefine the industry.
News BMH accompanies second succession solution at Dataforce Successful SME succession: BMH invests again in Dataforce and promotes growth in the automotive sector.
News Automotive industry records 4.7% decline in sales in the first half of 2024 Exports of new cars remained stable, while employment figures declined slightly. Nevertheless, the automotive sector remains the industry with the highest turnover in Germany. Punitive tariffs could put further...
News DeepDrive secures 30 million euros in Series B round BMW i Ventures invests in DeepDrive for the second time in an oversubscribed financing round. The round was led by Leitmotif. The high-tech company plans to make its electric motors ready for series production.

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