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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. 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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Merchants Fleet intends to buy 12,600 electric light commercial vehicles from GM’s BrightDrop

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Merchants Fleet, the nation’s fastest-growing fleet management company, plans to further electrify its portfolio with BrightDrop, the new business backed by General Motors, offering electric first-to-last-mile products and software services. EV600 in Merchants Fleet livery. Keegan, CEO of Merchants Fleet.

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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. 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

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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.

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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). billion available until 2024 to purchase eco-friendly commercial vehicles.

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AstraZeneca electrifying global vehicle fleet

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The Climate Group announced that global pharmaceutical giant AstraZeneca will join its business leadership initiative on electric vehicles, EV100 ( earlier post ); AstraZeneca will switch its 16,000-vehicle fleet to electric by 2030. By the end of 2019, AstraZeneca will operate: 120 EVs in the UK (23% of UK fleet).

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