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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

Green Car Congress

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. XL expects to expand its current suite of hybrid and plug-in hybrid solutions for Class 2-6 vehicles to include zero CO 2 (e.g.,

Fleet 448
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Balqon Corporation enters European electric yard tractor market with MOL Transport Solutions

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High fuel costs and environmental laws that are favorable to clean energy make Europe an attractive market for Balqon Corporation’s heavy-duty electric vehicles and drive systems. —Balwinder Samra, President and CEO of Balqon Corporation.

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Delhi Transport Corporation orders 1500 Tata Motors electric buses

Green Car Congress

Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. As part of the agreement, TML CV Mobility Solutions Ltd. As part of the agreement, TML CV Mobility Solutions Ltd. for operation of 1,500 electric buses in the city of New Delhi.

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Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

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Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. consisting of Toshiba’s Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions and Battery businesses; Device Co. Infrastructure Service Co. over the same period.

Companies 321
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MAN PrimeServ to retrofit up to 60 vessels for Seaspan and Hapag-Lloyd for methanol dual-fuel propulsion

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MAN Energy Solutions has signed a Conversion Commitment Agreement with Seaspan Corporation (Seaspan), a global leader in containership ownership and management in collaboration with Hapag-Lloyd, one of the leading global liner shipping companies. This agreement includes 45 optional engine retrofit solutions.

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A123 Systems to supply Li-ion energy storage system to Dongfang Electric Corporation for evaluation for wind power solutions

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Li-ion battery manufacturer A123 Systems will supply a 500kW Li-ion energy storage solution to Dongfang Electric Corporation (DEC), the third largest manufacturer of wind turbines in the People’s Republic of China and the country’s largest exporter of power equipment.

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LG Chem spinning off battery business

Green Car Congress

LG Chem will seek approval from an extraordinary meeting of stockholders on 30 October and officially launch the spin-off—tentatively named LG Energy Solution—as a new corporation exclusively in charge of the battery business from 1 December.

Batteries 382