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Stellantis partners with Qinomic to develop electric retrofitting of light commercial vehicles

Green Car Congress

Extending vehicle life and usage is at the heart of the Stellantis Circular Economy Business Unit, which is leading the initiative in collaboration with the Commercial Vehicle Business Unit and the Stellantis Ventures Studio. —Xavier Peugeot, Stellantis Senior Vice President, Commercial Vehicle Business Unit. Stellantis N.V.

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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.

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New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

Green Car Congress

As part of its contribution to a recently completed major European research initiative to achieve more efficient and cost-effective hybrid powertrains for both passenger cars and commercial vehicles, Ricardo developed a new 48V e-motor offering up to a 50% increase in power density compared with current production machines.

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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

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Skyworks Aeronautics will use the funds to move forward with the commercialization of its gyroplane aircraft, including the eGyro electric air taxi geared towards urban air mobility and the 400 mph VertiJet VTOL aircraft that competes directly with helicopters, but at a much higher speed, longer range and lower operating cost.

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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

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With the increasing popularity and adoption of electric vehicles (EVs), many prospective buyers are curious about the overall costs associated with owning an EV. It is a significant consideration for both personal and commercial vehicle owners, as it affects the resale value and trade-in potential. Also, another factor is desirability.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. That’s higher than the cost of a comparable diesel-powered Class 8 truck, so the Tesla Semi would have to be very compelling to convince drivers and fleet owners to make the switch to electric.

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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

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The report identified the nascent development stage of many commercial vehicle types and the high average cost of hydrogen-powered commercial vehicles—more than $70,000 globally in 2022—as key factors limiting adoption.

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