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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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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 reports $4.6M of revenue in Q1 2021 from sales of 31 commercial electric vehicles

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a provider of commercial electric vehicles for fleets, reported Q1 2021 revenue of $4.6M and sales of 31 zero-emission commercial vehicles, across five specialty vehicle applications for its wholly-owned subsidiary Lightning Systems. million, up from the first quarter 2020 revenue of $0.7

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Plug Power partners with Lightning Systems on hydrogen fuel-cell-powered Class 6 trucks for logistics industry; “middle-mile” solution

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This collaboration enables both companies to offer the first electric, fuel-cell-powered Class 6 trucks (up to 12.5 tons) capable of supporting middle-mile delivery logistics between warehouses and distribution centers. An extended range option is also available, effectively doubling the standard average range to 400 miles.

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Thomas Built Buses has delivered 200 Proterra-Powered electric school buses

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Thomas Built Buses (TBB), a leading manufacturer of school buses in North America and subsidiary of Daimler Truck North America (DTNA), announced the delivery of TBB’s 200 th Proterra Powered Saf-T-Liner C2 Jouley battery-electric school bus to Monroe County Public Schools in Indiana.

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CARB approves Clean Miles Standard for TNCs

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The California Air Resources Board (CARB) has approved the US’ first standard to transition ride-hailing fleets to zero-emission vehicles by 2030. The Clean Miles Standard (CMS) ( earlier post ) sets electrification and greenhouse gas emission targets for transportation network companies (TNCs)—e.g., Uber and Lyft.

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DiDi to introduce first shared EV fleet to Mexico; 700+ EVs and hybrids to start

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Didi Chuxing (DiDi), the world’s leading mobile transportation platform, will launch Latin America’s first shared electric vehicle (EV) fleet through its app in Mexico, as the company further invests in sustainable transportation innovations in the region. 200 EVs are exclusive for DiDi drivers.

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