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EV developer Rivian closes $2.5B funding round; raised $10.5B in total since 2019

Green Car Congress

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. This round included participation by Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue. billion since 2019. Rowe Price Associates, Inc.

2019 334
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Production of 100th GILLIG battery-electric bus

Green Car Congress

Cummins and GILLIG announced the production of the 100 th GILLIG battery-electric bus built since the two companies began partnering on the heavy-duty transit vehicle. The companies have collaborated since 2019 to bring reliable zero-emissions electric buses to communities across the country. Earlier post.)

St. Louis 415
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Volkswagen previewing mobile quick charging station; trials in 2019, production in 2020

Green Car Congress

Volkswagen is previewing the company’s future mobile quick charging station. The first mobile quick charging stations will be set up as early as the first half of 2019 in Wolfsburg as part of a pilot project, and will support the expansion of a charging infrastructure in the urban area. The start of production is planned for 2020.

2020 350
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Daimler to split into two pure-play companies: cars & vans, trucks & buses

Green Car Congress

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. Revenue in 2019 for the individual divisions were €40.2

Companies 497
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Mercedes-Benz acquires electric motor technology company YASA

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Following the acquisition, YASA and its 250 employees will continue to operate from its headquarters and production facility in Oxford, UK. Working with Mercedes-Benz since 2019, it was always clear that we shared the same commitment to engineering excellence, innovation and reshaping mobility for the electric age.

Mercedes 459
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Tesla Cybertruck production has arrived: Here’s how it compares to its 2019 prototype

Teslarati

The Tesla Cybertruck production specs are here, and they are quite a bit different from the figures that were announced for the vehicle back in late 2019. Dimensions The original Cybertruck prototype from 2019 was a hulking steel beast that was announced with a length of 231.7 inches, a width of 79.8 inches, a width of 79.8

2019 73
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Major companies with large fleets release new EV roadmap for car & truck manufacturers

Green Car Congress

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. Key findings include: Preference for BEVs. LDV ZEV Preferences by Vehicle Type.

Fleet 476