Africa's Markets, Startups & Money Moves — Updated Daily

Hybrid Motors Nigeria to Establish Electric Vehicle (EV) Manufacturing Plants

Hybrid Motors Nigeria has secured approximately $95 million in investment commitments to establish electric vehicle (EV) manufacturing plants and a nationwide charging infrastructure network

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Jeff Bezos-Backed Electric Vehicle Startup Slate Auto Secures Another $650 Million

Jeff Bezos-backed electric vehicle startup Slate Auto has raised another $650 million as the company prepares to put its first affordable pickup trucks into production by the end of 2026.

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