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Lyft commits to 100% EVs by 2030

Green Car Congress

Although the upfront cost of EVs today is higher than gas-powered cars, EVs have lower fuel and maintenance costs that mean lower costs for drivers over the life of the vehicle. Lyft said that drivers renting cars through Express Drive currently save an average of $50-70 per week on fuel costs alone.

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MHI-MME launches new models of small, lightweight, and high-efficiency turbochargers for diesel engines

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Mitsubishi Heavy Industries Marine Machinery & Equipment Co., MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. The MET-ER series offers improved performance and a more compact size compared to the MET-SR series of radial turbocharges, which reached a cumulative production total of 15,000 units in 2018.

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The Next Oil Price Spike May Cripple The Industry

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How it is possible for the price of oil to go both up and not up, and what would that mean for the oil industry? In fact, we have been highlighting this threat to the energy industry in articles since 2015, for example here , here , here and here.) Why an oil price spike would be bad for the industry. We will explain.

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai will support the construction cost of the hydrogen refueling station while providing up to 12 fuel cell electric buses as well as their maintenance and service. The partnership across industries will be a stepping stone in bringing the hydrogen economy closer to daily lives.

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Impact Clean Power Technology unveils visualization of GigafactoryX; 4 GWh/year by 2027

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The plant will also produce energy storage systems designed for the commercial power industry, including for large-scale electricity storage. As a result, it enables savings in both space and costs for the investor. The factory will be certified to IATF 16949:2016, ISO 45001:2018 and ISO 14001.:2015,

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Blue Bird expects close to 300 electric school buses deployed throughout US by end of year

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School bus manufacturer Blue Bird Corporation has seen a surge in demand for their 100% electric school buses since their introduction in 2018. As districts continue to see the environmental benefits of low- and zero-emissions solutions, such as electric, it is inevitable for our industry to see this shift. —Phil Horlock.

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UPS/Greenbiz study identifies motivators and barriers to electric fleets

Green Car Congress

Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. A lower total cost of ownership—factoring in both direct and indirect costs and savings over the life of the vehicle—is the second biggest driver, cited by 64% of respondents.

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