Polestar has secured new funding from 12 leading international banks after committing to an efficiency programme.
The Little Car Company is facing a surge in demand for its limited edition hand built electric scale cars, and have thus purchased a new manufacturing facility.
The LTA has announced that it will co-fund the installation costs of 2,000 EV chargers at NLPRs, as an early adoption incentive.
The new investment sets the stage for future growth by deepening the resources available to accelerate its product development.
Grab's announcement this week to raise another $2.7 billion is not aimed at fending off competition, said the company's new Singapore head Yee Wee Tang.
Grab Holdings has secured $2 billion of fresh funding from the SoftBank Vision Fund, raising its total coffers to $10.8b.
Audi employees have successfully deployed crowdfunding internally to implement their project ideas as a group, using existing financial resources.
Bike-sharing firm oBike is working closely with relevant parties on a solution to refund its users their deposits.
Singapore and U.S.A-based start-up nuTonomy gets US$16 million (S$22 million) in funding for the testing of its self-driving vehicles.
Paint Perfect Motorsport has launched a unique 'crowdfunding' initiative targeted at putting reigning champion Anton Spires back on the racing grid.
GrabTaxi, a smart phone taxi booking app, has seen usage rise a hundredfold since its start up, and has secured a third round of funding.
GrabTaxi, a Singapore based taxi booking app, has raised additional funding from Vertex Venture Holdings - a unit of Temasek Holdings.
Despite earlier reports, Kimi Raikkonen is set to don his gold on black overalls for the final two rounds of the season after Lotus gains financial security.