A clean technology company backed by some of the world’s largest investment firms is entering the US electric trucking market despite the Trump administration’s attacks on the sector. The move signals long-term confidence at a time when many green industries are slowing down.
Zenobe Energy announced Thursday that it purchased San Francisco-based Revolv for an undisclosed amount. Revolv operates 13 fleet charging facilities in California. Zenobe also is on the lookout for acquisition opportunities in states including Illinois, New York and Massachusetts, as the company aims to scale up its truck electrification operations, said Andreas Lips, who leads Zenobe’s electric vehicle business in ...
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