The money just keeps flowing into the electric vehicle industry.
On Tuesday, EV fleet charging company TeraWatt Infrastructure announced that it has raised over $1 billion to support the expansion of its growing network of charging stations. The massive raise was led by Vision Ridge Partners, with participation from existing investors Keyframe Capital and Cyrus Capital.
If you’ve never heard of TeraWatt, you probably aren’t alone — that’s because the company just emerged from stealth in May 2021....
https://www.freightwaves.com/news/terawatt-infrastructure-raises-1b-to-scale-ev-charging-network