Remove 2018 Remove Commercial Remove Financing Remove North America
article thumbnail

NFI expands Class 8 electric truck fleet in Southern California through JETSI; delivery of first 15 of 50 trucks

Green Car Congress

As part of the company’s commitment to drive supply chain sustainability, NFI has taken a leadership role in the electrification of freight movement and has participated in several BET demonstration projects since 2018, including the Volvo LIGHTS, Daimler Truck’s Innovation Fleet, and Switch-On projects. million), with an additional $21.7

Fleet 259
article thumbnail

Hercules EV opens $20M Series A round; targeting electric pickup in late 2022; Prieto solid-state batteries

Green Car Congress

James Breyer founded Hercules Electric Vehicles in 2018 with a vision to bring luxury eco-utility products to market, beginning with an electric pickup truck and followed by other electric mobility products. Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022.

Li-ion 365
article thumbnail

IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Most commercial vehicle factories in mainland China have returned to production. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
article thumbnail

FCA proposes 50:50 merger with Groupe Renault

Green Car Congress

The combination would create a brand portfolio that would provide full market coverage with a presence in all key segments from luxury/premium brands, such as Maserati and Alfa Romeo, to the strong access brands of Dacia and Lada, and would include the well-known Fiat, Renault, Jeep and Ram brands as well as commercial vehicles.

article thumbnail

Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

Green Car Congress

As a result, we’ve sold more all-electric commercial EVs than any other vehicle manufacturer in North America to date. Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states. —Tim Reeser, CEO of Lightning eMotors.

Batteries 448
article thumbnail

Government of Canada to buy Trans Mountain Pipeline System and Expansion Project for C$4.5B, resume planing and construction

Green Car Congress

The 1,150-km (714-mile) Trans Mountain pipeline system (TMPL) is the only pipeline system in North America that transports both crude oil from the oil sands and refined products to the west coast. —Bill Morneau, Minister of Finance. billion (US$3.46 Earlier post.) This is an investment in Canada’s future. Background.

Canada 199
article thumbnail

Daimler and Renault-Nissan Alliance start $1B manufacturing JV in Mexico for next-gen premium compacts

Green Car Congress

Production of Infiniti vehicles will begin in 2017, first Mercedes-Benz vehicles will roll off the line in 2018. During more than 40 years at Daimler, Jarosch has completed various and largely international assignments in finance and controlling.

Mexico 150