Xos, Inc. Acquires ElectraMeccanica Vehicles Corp.

Electra Vehicles to Merge With Iron Horse Acquisition II to Form Public AI Battery Intelligence Company

April 21, 2026

AI & Machine Learning

Electra Vehicles, Inc. agreed to merge with SPAC Iron Horse Acquisition II Corp. in a definitive business combination valued at $250 million+ to create a publicly traded pure-play AI battery intelligence company. The combined company is expected to operate as Electra AI, Inc. and remain listed on Nasdaq, with closing anticipated in the second half of 2026 subject to customary approvals and conditions.

Amca Acquires Electro-Mech Components

April 12, 2025

Aerospace & Defense

The Advanced Manufacturing Company of America (Amca), a newly formed aerospace supplier platform backed by venture investors, has acquired Electro-Mech Components of South El Monte, California. Amca launched with $76.5 million in funding to acquire and develop legacy aerospace and defense suppliers and expand its manufacturing capabilities.

Autonomy Acquires EV Mobility's Technology, Assets and Customer Accounts

September 8, 2023

Transportation

Autonomy, an electric vehicle subscription company based in Santa Monica, has agreed to acquire the technology, assets and customer accounts of EV Mobility, an all-electric car-sharing platform that provides EVs as an amenity to hotels and multi-family properties. The deal (cash and stock, terms undisclosed) is intended to accelerate Autonomy's entry into car-sharing, expand its product offering, and scale usage through EV Mobility's existing hospitality and property partnerships; the transaction is expected to close in Q4 2023.

Ideanomics Acquires VIA Motors

January 26, 2023

Automotive

Ideanomics has completed the acquisition of VIA Motors, a U.S.-based all-electric commercial vehicle manufacturer. The deal brings VIA's VDRIVE skateboard and VTRUX commercial vehicle portfolio into Ideanomics' Mobility vertical and aims to integrate VIA's electric work trucks with Ideanomics Energy's charging and financing solutions to accelerate commercial EV fleet adoption.

Mercedes-Benz Acquires YASA

July 22, 2021

Automotive

Mercedes-Benz has acquired YASA, an Oxford-based pioneer of axial-flux electric motor technology, with YASA operating as a wholly owned subsidiary and retaining its brand, team and facilities. YASA's axial-flux e-motors and engineering team will support Mercedes-AMG's electric-only platform to deliver higher power density and improved performance for future electric Mercedes-AMG vehicles.

Gresham Technologies Acquires Electra Information Systems for $38.6M

June 22, 2021

Software

Gresham Technologies plc has completed the $38.6 million acquisition of Electra Information Systems, a provider of post-trade automation, reconciliation and data aggregation solutions for buy-side financial firms. The deal expands Gresham's reconciliation and data-control capabilities and strengthens its operations in North America; Electra's employees and customers will be integrated into Gresham's Clareti platform.