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Wex will invest $100 million in the future of electric vehicles

Por: Portland Press Herald Business July 28, 2023

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Melissa Smith, president and CEO of Portland-based Wex Inc., says the company’s investment in the EV industry is a natural step. Press Herald file photo Hoping to accelerate the transition to electric vehicles, Wex Inc. will spend $100 million funding startups in the EV industry, the company told the Press Herald on Wednesday. A new division, Wex Venture Capital, will distribute funds over the next two years to early-stage businesses focused... + full article



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