A recent Forbes article by Ed Garsten highlighted Endera’s $49M funding round, a major step in scaling its U.S.-based EV production. Unlike competitors relying on imports, Endera prioritizes American-made content, exceeding Buy America compliance. The funding, led by Magnetar Capital and Pulse Fund, will expand production at its Ohio plant, create more U.S. jobs, and accelerate clean mobility adoption.
CEO John Walsh shared that Endera’s dual-focus model—leveraging its profitable legacy ICE business to lower EV costs—sets it apart. With major deals, including 1,000 electric buses for California transit agencies, Endera is leading the shift to sustainable, U.S.-built transportation.
Read the full article in Forbes.
