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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.

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Oberon Fuels starts commercial production of renewable dimethyl ether (rDME)

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Oberon Fuels, producer of clean-burning dimethyl ether (DME) transportation fuel, has begun production of the first renewable DME (rDME) in the United States, and the only current commercial production of this in the world. It is the first time this feedstock has been used to make rDME at commercial scale.

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Algae biodiesel company AFS BioOil tracking to produce biodiesel at $2/gallon at commercial scale

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AFS BioOil announced that initial tests conducted by the company since startup of the system confirm that production costs of biodiesel will be in the range of $2 per gallon when produced in a commercial system of 1 millon gallons/yr and greater. AFS BioOil was formed in 2010 as a spin out of Algae Floating Systems, Inc.

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Volvo Trucks introduces its first electric truck for commercial use; sales and production start next year

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Volvo Trucks introduced its first battery-electric truck for commercial use: the Volvo FL Electric for urban distribution and refuse operations, among other applications. Sister company Volvo Buses has sold more than 4000 electrified buses since 2010. Sales and series production of the new model will start in Europe next year.

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Volvo Trucks to demonstrate Volvo VNR electric trucks in California in 2019; commercialize in NA in 2020

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Sister company Volvo Buses has sold more than 4,000 electrified buses since 2010. Cleaner, quieter, fully-electric commercial transport also creates opportunities for expanded morning and late-night operations, helping cut traffic congestion during peak hours. —Peter Voorhoeve, president of Volvo Trucks North America.

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WAE introduces Elysia battery intelligence software

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Technology and engineering services company WAE Technologies (WAE) launched Elysia, its mass-market Battery Intelligence software offering designed to unlock significant improvements in the life, safety, usable energy, power, and rapid charging times of any battery system.

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Bosch increases commercial vehicle diesel injection pressure to 2,500 bar

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As it outlined in 2010, Bosch has increased the maximum injection pressure of its CRSN3-25 injection system for medium- and heavy-duty commercial vehicles to 2,500 bar. The company is also working on additional systems to reduce fuel consumption and emissions. Bosch’s CRSN3-25 offers injection pressure of up to 2,500 bar.