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Europcar New Zealand Gets Funding for Airport-Based EV Rentals

This co-funding will go towards the vehicle lease costs of 12 BMW i3’s, charging infrastructure and marketing, with the aim of increasing EV demand within the rental vehicle sector, which is the largest corporate purchaser of passenger vehicles in New Zealand. 

Booster Raises $56M in Funding Investments

The company has now raised more than $88 million in funding from firms such as Invus Opportunities, Conversion Capital, Enterprise Holdings Ventures, Madrona Venture Group, Maveron, Perot Jain LP, Total Ventures and Vulcan Capital.

Federal Reserve Keeps Rates Steady

The Federal Reserve voted unanimously to maintain the target range for the federal funds rate at 1.5% and 1.75% on Wednesday, but hinted at a possible rate hike in June with inflation creeping closer to its 2% goal.

Calif. Fleets Offered $20M for Hybrid Truck Purchases

SACRAMENTO, CA - As of Feb. 12, approximately $11 million is left in the California Hybrid Voucher Incentive Program. All fleets with trucks operating in California are eligible for up to 100 vouchers each, on a first-come, first-served basis.