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NFI Industries orders 60 Volvo VNR Electric trucks

Green Car Congress

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Earlier post.). Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit approved customers. The exact unveiling details will be announced in December 2019.

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J.D. Power: new-vehicle transaction prices hit all-time high despite rising interest rates; sales volume constrained as inventory stays flat

Green Car Congress

Total retailer profit per unit—inclusive of grosses and finance and insurance income from new-vehicle sales—are expected to reach first-half record levels on both a per unit and total basis. In June 2019, leases accounted for 30% of all new-vehicle retail sales. for the first six months, down from 7.1% billion, up $9.4

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[PRESS RELEASE] Drive Electric welcomes BNZ as a Premium member

Drive Electric

BNZ has committed to reducing emissions across their operations by 60% by 2025, against a 2019 baseline. Since 2019, they have already reduced their operational emissions by 50% (2021 reporting year) and they offset any remaining operational emissions through the purchase of carbon credits.

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Oxy Low Carbon Ventures, Rusheen Capital Management create company to deploy Carbon Engineering’s direct air capture technology

Green Car Congress

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements. degrees Celsius.

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EV Startup Simple Energy Raises $20 Million In Latest Funding Round

Electric Vehicles India

Simple Energy is an electric vehicle startup, building the next-generation electric scooters incorporated in August 2019. We would rather sort out the supply chain and borrow time from the consumers to perfect the system in this new industry. Closer to May, we will also announce tie-ups with banks for EV financing”.

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Report: Suppliers Asking Automakers for Pricing Concessions Over UAW Strike

The Truth About Cars

Ramifications from the UAW's strike against Detroit automakers was always going to reverberate throughout the industry and suppliers are asking for some concessions. The rest seems to be down to what happened after 2019. Bigger companies may be able to swoop in and absorb those businesses.

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