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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). This marks a 6% drop from $140/kWh in 2020. On a regional basis, battery pack prices were cheapest in China, at $111/kWh.

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Anaheim Transportation Network orders 40 BYD electric buses; 57% electric fleet by 2020

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The Anaheim Transportation Network has awarded an order for 40 battery-electric buses to BYD. 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.

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Lightning eMotors adds production capacity, space to meet growing demand from fleets for EVs

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Lightning eMotors, a leading provider of commercial electric vehicles for fleets, is expanding to meet the growing demand for EVs from commercial and government fleets. During the summer and fall of 2020, the company ramped up production by more than 600% and continues to increase production as its orders increase.

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Volvo and Danfoss introduce first 24-hour e-truck fleet

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Customized super chargers will be utilized to charge the truck’s battery during offloading and onloading at each stop—usually around 15 minutes. Danfoss joined the Climate Group’s EV100 initiative in 2019 and is committed to transitioning the entire company car fleet to electric vehicles by 2030 at the latest.

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Berlin receives 90 electric Solaris buses; BVG Solaris electric fleet totals 123

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This was one of the biggest contracts for battery-powered buses in Europe and the largest one for the manufacturer in Germany so far. Berlin now has a total of 123 electric Solaris buses in its fleet. The vehicles feature batteries with a total nominal capacity of 300 kWh. All 90 vehicles are now in regular service.

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ABB increases stake in InCharge Energy to 60%; fleet electrification services

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ABB has increased its stake in InCharge Energy, a provider of fleet electrification services ( earlier post ), to 60%. The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering.

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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

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XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. In 2020, more than 50 SPACs have been formed in the US as of the beginning of August, raising some $21.5

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