EVinfo.net

EVinfo.net is an online publication focused on the electric vehicle (EV) sector, providing essential and current information and news to promote the use of Electric Vehicles. Transitioning our nation’s vehicle fleet to electric is crucial for decreasing emissions from gasoline-powered cars, and it plays a key role in addressing climate change.

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Endera Secures $49M to Accelerate Growth as Leading EV Shuttle and School Bus Manufacturer

Feb 12, 2025 | evinfo.net | Bill Pierce

Endera’s announcement of securing $49 million in funding this week marks a significant milestone for the company. The $36 million equity investment, led by Magnetar, combined with the $13 million credit facility, will enable Endera to accelerate its manufacturing capabilities and expand its electric shuttle and school bus offerings.
EV Charging Problems Are Slowing Adoption of Electric Vehicles

Jul 17, 2023 | evinfo.net | Bill Pierce

July 17, 2023 | InductEVExcitement about the EV revolution in the United States is growing fast, despite the fact that the U.S. is lagging behind the rest of the globe in EV adoption. China is currently the global leader in EV adoption. Statista predicts, “Revenue in the global electric vehicles market will reach US $561.30 billion in 2023. We expect revenue to show a compound annual growth rate (CAGR) of 10.07% from 2023-2028, resulting in a projected market volume of U.S. $906.70 billion by 2028.