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

Green Car Congress

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. SPACs, which raise money through an IPO for the purpose of acquiring an existing company, have existed for decades, but have surged recently.

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

Green Car Congress

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. Now the company is adding another 107,000 square feet in an adjacent building, for a total of 231,000 square feet of space for its operations.

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XL Fleet expands XLP PHEV drive system for use in multiple GM fleet applications

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XL Fleet announced that the Company’s XLP plug-in hybrid electric drive technology is being expanded for use across a range of fleet vehicles from General Motors. The company believes its expanded portfolio will further extend its leadership position in fleet electrification.

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

Green Car Congress

With this transformation, Danfoss will be the first company in Denmark to have a 24-hour truck in operation. The trucks are charged by charging infrastructure from the Danish company GodEnergi. According to the International Energy Agency, heavy trucks accounted for 1,776 Mt CO 2 in 2020.

Volvo 334
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27 Hyundai XCIENT fuel cell trucks entering fleet service in Germany; funding from BMDV

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Seven German companies in logistics, manufacturing and retail will put 27 Hyundai XCIENT Fuel Cell trucks into fleet service with funding for eco-friendly commercial vehicles from Germany’s Federal Ministry for Digital and Transport (BMDV). BMDV will have a budget of €1.6 The maximum driving range is 400 km per charge.

Hyundai 300
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XL Fleet launches XL Grid division with charging infrastructure solutions

Green Car Congress

XL Fleet, a leading provider of vehicle electrification solutions for commercial and municipal fleets, has entered into a partnership with a commercial EVSE (electric vehicle supply equipment) supplier to begin the launch of its XL Grid division. XL Fleet intends to continue expanding its XL Grid division to meet these energy demands.

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