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New Corporate VC Fund Will Bet $100 Million on Electric Vehicles

New Corporate VC Fund Will Bet $100 Million on Electric Vehicles
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Wex will spend $100 million to charge up EV startups

The investment in electric vehicle businesses might seem like a shift for the Maine-based payment processing company, but it's long been involved in the EV industry. ....

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EV.energy raises $33M Series B for charging management

EV.energy raises $33M Series B for charging management
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WEX announces investment in promoting energy transition to EV

WEX is investing up to $100 million within the next two years ....

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New Corporate VC Fund Will Bet $100 Million on Electric Vehicles

(Bloomberg) Wex Inc., a major provider of vehicle fleet management for businesses and governments, is launching a new venture arm dedicated to speeding adoption of electric cars and trucks. Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27BOJ Sends Yields Soaring With Surprise Change to Rate LimitSubway Offers Free Sandwiches That Come With a Lifetime CommitmentChina’s Push to Expand BRICS Membership FaltersWall Street Rekindles Risk-On ‘Goldilocks’ Trade: Markets W ....

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