Our exclusive interview with industry expert Mike Robinet offers insights into critical issues facing the EV supply chain. Northleaf Capital Partners agreed to acquire a controlling stake in EVPassport, an EV charging company based in Los Angeles. Northleaf also committed $200 million to accelerate the build-out of EV charging systems. Ascend Elements, a provider of sustainable, closed-loop battery materials solutions from EV battery recycling to production of lithium-ion battery precursor (pCAM) and cathode active materials (CAM), raised $162 million in a Series D funding round. Chart: M&A Announced and Completed in the United States and CanadaSource: S&P Capital IQKeep On TruckingGovernment regulations and incentives will continue to create opportunities in the EV industry.

Source: Wall Street Journal May 18, 2024 08:16 UTC