This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Going forward, our primary goal for both current and future capital initiatives is to leverage the best available financing solutions that will provide liquidity and favorable economics.
The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. In this respect, it’s very encouraging to see so much investor interest in helping us electrify our fleet and deliver on our climate ambitions.
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.
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.
AMPLY expects savings to increase as Tri Delta Transit expands its electric bus fleet in the future. Fleet operators work on a very rigorous timeline and must adhere to a strict operational dance to ensure their vehicles run on-schedule. As we expand our EV fleet, we look forward to working with AMPLY to realize even greater savings.
Representatives from the State of Hesse, RMV (Rhein-Main-Verkehrsverbund), Alstom and Infraserv broke ground for a hydrogen filling station on the site of the Höchst industrial park in Frankfurt that will supply a fleet of 27 passenger fuel cell trains—currently, the world’s largest such.
XL, a provider of connected vehicle electrification solutions for commercial, utility and municipal fleets, will unveil a plug-in hybrid electric version of the popular Ford F-250 pickup truck at the NTEA Work Truck show, 5-8 March in Indianapolis. Earlier post.).
NFI, one of the US’ oldest and largest third-party supply chain solutions providers, is expanding its fleet of Class 8 battery-electric trucks (BETs) in Southern California as part of the Joint Electric Truck Scaling Initiative ( JETSI ) project. million), MSRC ($8 million), and South Coast AQMD ($5.4 million), with an additional $21.7
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. thousand terawatt-hours in 2018, up from 6.4 Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017.
Over the next five years, Hyundai’s hydrogen-powered buses will gradually replace Incheon Airport’s current fleet of internal combustion engine buses that shuttle between the terminals, long-term parking lots and logistics complex. Air Liquide Korea will provide two high-capacity hydrogen chargers and supply hydrogen gas.
This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets. Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states.
The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. 455 on 14 February 2018. The bill passed with 44 votes in favor and one vote against. Mayor Bill de Blasio is expected to sign the bill into law. The legislation was introduced to the Council as Intro.
The up to €400-million order is the result of a consultation launched in January 2018, the aim of which was to accelerate the renewal of the RATP bus fleet. The RATP fleet, consisting of 4700 bus, already includes 950 hybrid, 140 bio-methane and 83 electric buses. — Catherine Guillouard, President and CEO of RATP.
Lightning eMotors, a provider of specialty commercial electric vehicles for fleets, and ABB announced a partnership to offer DC fast electric vehicle chargers for commercial electric fleet vehicles. Lightning Energy supplies charging solutions to commercial and government fleets.
Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.
bp took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. for customers, including individual drivers and fleet operators.
Moscow, Russia, currently runs 1000 electric public electric buses on 66 bus routes, giving it the distinction of operating the largest e-bus fleet in Europe and America. Today nearly half of the Moscow e-bus fleet has been financed by green bonds. Electric buses were launched in the Moscow in 2018.
With the high costs and operational complexities surrounding electric vehicle (EV) deployments within commercial fleets, EV manufacturer BYD announced a preferred partnership with charging infrastructure provider AMPLY Power. The company assumes the full financial responsibility of utility account and provides the fleet with flat usage rates.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'
Ltd (JingJu) aims to combine the two companies’ strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. DiDi started partnership programs with automakers and fleet operators in 2016, and launched the DiDi Auto Alliance, an industry-chain partnership network in April 2018.
ABB was already commissioned in 2018 as technology partner to deliver 340 high-power chargers to IONITY and was the first to market in Europe with 350 kW chargers featuring liquid cooled cables. To finance the necessary chargers, the analysis estimates Europe needs €20 billion over the next 11 years, or €1.8
Abellio Rail Mitteldeutschland, Alstom, Nahverkehrsservice Sachsen-Anhalt GmbH (NASA) and Rolls-Royce plan to implement jointly a new hybrid drive solution on Abellio’s fleet of Coradia Lint diesel trains. Subsequent conversion of the entire fleet of 54 Coradia Lint vehicles is under consideration.
(PCNA) has enrolled all cars at its two Experience Centers—sand its fleet in the monthly subscription pilot, Porsche Passport—sin Porsche Impact. Following its corporate fleets, PCNA will soon offer Porsche Impact to USA customers who want to reduce the CO 2 footprint of their internal-combustion engines.
The program is available to US customers after PCNA earlier this year enrolled its own Porsche Experience Center cars and its Porsche Passport subscription fleet. Impact has been available to customers in Germany, the UK, and Poland since late 2018.
—Nicolas Peter, Member of the Board of Management of BMW AG, Finance. The BMW Group is continuously working to reduce the CO 2 emissions of its new car fleet. The company will achieve the CO 2 fleet target for its European new car registrations also this year. Commitment to achieving CO 2 -targets.
Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.
The latest long-term forecast from Bloomberg New Energy Finance (BNEF) shows sales of electric vehicles (EVs) increasing from a record 1.1 Source: Bloomberg New Energy Finance. China is already dominant in this market, with a 59% global share of production capacity in 2018, and this is forecast to rise to 73% by 2021.
BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers, which will join existing tankers in BP Shipping’s fleet in 2018 and 2019. The Freeport LNG liquefaction facility is under construction, and the first train is expected to be operational by the end of 2018.
Over the long run, the ZEV program will transition into the LEV program GHG fleet average. Thus, the mechanism for achieving the 2050 GHG target is, in reality, the fleet average not ZEV production volume. With regard to future deployment targets, for Phase V (2018–2021) ARB staff has proposed a target increasing from 1.5%
The Fiscal Year 2018-19 Funding Plan for Clean Transportation Incentives , largely funded with cap-and-trade proceeds, is part of California’s comprehensive strategy for improving air quality and reducing greenhouse gas emissions in the transportation sector, the state’s largest source of air pollution and climate-changing gases.
Developed in partnership with Commercial FleetFinancing, the shuttle bus is projected to be delivered in early 2018. This flexibility allows fleets to purchase vehicles which are optimized for their specific range, payload, and route requirements without compromising performance.
Deliveries will begin in early 2018. Ford’s vehicle warranty covers the base chassis for vehicles with the LightningElectric upfit, and Ford Motor Credit financing is available. Lightning Systems, formerly known as Lightning Hybrids, is a fast-growing, global fleet solutions company with headquarters in Loveland, Colo.
Parker’s objective is to validate that series-produced electric vehicles—as part of an operational vehicle fleet—can support the power grid by becoming a vertically integrated resource, providing seamless support to the power grid both locally and system-wide. million) which is financed by ForskEL.
Lightning Systems, a developer of efficiency and emissions improvement solutions for fleets, in partnership with New Eagle, a mechatronic control system provider, will introduce a full battery-electric upfit system for Ford Transit passenger wagon, van, cutaway and chassis cab models. —Rich Swortzel, president, New Eagle.
To do this, they have developed a bonus system for dealerships, financed by adverts on the charging stations (so-called “digital advertising pillars”). At the end of 2017 and start of 2018, more teams will move into the factory. After three months, the teams must show their first results.
This will start with the mid-size eVito, with deliveries commencing in the second half of 2018. The exclusive pre-ordering phase for the mid-size van begins today in Germany, with market launch scheduled for the second half of 2018. Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines.
million customers as of July 30, 2018. Daimler Financial Services is also investing heavily in autonomous driving and corresponding fleet projects. With car2go, moovel, mytaxi/Intelligent Apps (mytaxi, beat, Clever Taxi and Chauffeur Privé), the mobility portfolio in the segment of Daimler Financial Services counted 24.4 car2go had 3.3
BEAR considered four scenarios to illustrate the consequences of different pathways for large-scale electrification of the light vehicle fleet, with two key factors informing the variations between each scenario: (1) electric vehicle adoption patterns and (2) Incremental Vehicle Costs (IVC). boost over the 2018 GSP. Louis (FRED)).
La Poste has targeted a 30% CO 2 reduction target per household served between 2008 and 2018. Electric (Battery) Fleets Fuel Cells' —Jean-François Courtoy, Industrial Director at La Poste in Franche Comté.
Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. In Indonesia, Grab launched its GrabCar Elektrik fleet of Hyundai IONIQ vehicles at Jakarta’s Soekarno-Hatta airport.
The joint venture will offer a combined portfolio of all-electric vehicles and fleet electrification solutions for customers in the United States and its protectorates across a broad range of segments including delivery and transit. In addition, the JV will raise US$20 million from the market.
The industry-wide move to accelerate R&D is necessary to ensure the ambitious CO 2 reduction targets agreed to by IMO Member States in 2018 are met. The international shipowner associations making this proposal, which collectively represent all sectors and trades and over 90% of the world merchant fleet, are: Bimco. Intercargo.
The commitment was made after Lucid accepted a financing package worth over $1 billion from the Saudi Pacific Fund in 2018. The post Lucid Group, Saudi Arabia agree to 100,000 EV fleet deal appeared first on TESLARATI. If you have any comments, concerns, or questions, please email me at joey@teslarati.com.
As outlined in its January 2018 Feasibility Study , Nemaska plans to raise between USD 775 million and USD 825 million to fund the construction and commissioning of its Whabouchi Mine and Shawinigan Plant project and for general working capital. Whabouchi plan view showing optimized pit outline and final in-pit resource block model.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content