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bp acquires EV fleet charging provider AMPLY Power; first major step into electrification in the US

Green Car Congress

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.

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Workhorse Group secures $35M in financing from Marathon Asset Management; $1.3M battery purchase by Duke Energy

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a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. This agreement provides meaningful, near-term funding that will go directly toward building and delivering vehicles to customers in 2019. Workhorse Group Inc.,

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BYD and AMPLY launch preferred partnership for EV charging infrastructure and energy services for commercial fleets

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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.

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

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Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.

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NFI Industries orders 60 Volvo VNR Electric trucks

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The battery-electric freight trucks will be deployed in NFI’s Ontario, California fleet throughout 2022 and 2023, in support of its goal of operating the first 100% zero-emission freight logistics fleet in the nation. —Bill Bliem, senior vice president of fleet services at NFI. Earlier post.). Earlier post.)

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Octillion Power Systems debuts new EV battery-leasing plan

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Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Access to the program will be on a first-come, first-served basis.

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AMPLY Power saves up to 40% on energy costs for Tri Delta Transit electric buses

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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.

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