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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

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Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

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The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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ABB increases stake in InCharge Energy to 60%; fleet electrification services

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ABB has increased its stake in InCharge Energy, a provider of fleet electrification services ( earlier post ), to 60%. The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering.

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Volvo Trucks introduces Turnkey Solutions program to provide fleets full-service EV infrastructure development

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InCharge Energy is one of the industry’s leading developers of commercial EV charging systems, providing solutions tailored to commercial fleets. Customers can receive quotes from both InCharge Energy and Gilbarco Veeder-Root to support their charging needs and decide which way to move forward for a one-stop-shop solution.

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Highland Electric Transportation raises $253M to accelerate electrification of school fleets

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Highland Electric Transportation, a provider of turnkey fleet solutions delivering the latest in zero-emission technologies to school districts and fleet managers, has raised $253 million to accelerate its growth. The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors.

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AMPLY Power & Logan Bus announce 2-year demo project of charging-as-a service for fleets; 5 electric school buses

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Pioneering methods to accelerate electric fleet adoption, AMPLY Power will demonstrate and document its Charging-as-a-Service approach for an all-electric school bus fleet in New York City. As the electric utility account holder for its fleet customers, AMPLY Power provides comprehensive end-to-end services to fleet operators.

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Anaheim Transportation Network orders 40 BYD electric buses; 57% electric fleet by 2020

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The ATN fleet order will increase the number of BYD electric buses the agency can deploy to serve one of the nation’s busiest tourism and employment regions. These new buses will provide ATN a 57 percent zero-emission fleet by 2020. The Anaheim Transportation Network has awarded an order for 40 battery-electric buses to BYD.

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