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Purolator to invest $1B to electrify Canadian network; 3,500+ electric delivery vehicles

Green Car Congress

This includes a plan to purchase more than 3,500 fully electric last-mile delivery vehicles and the electrification of more than 60 terminals across Canada. This month, Purolator will begin deploying 25 Ford E-Transit vans in London, Ont.; Richmond, B.C.; and Québec City.

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UPS-led SEUL consortium switches on smart-grid fleet charging solution in London; maxing out on EVs without expensive grid upgrades

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A UPS-led consortium has deployed new smart-grid charging technology in London that overcomes the challenge of simultaneously recharging an entire fleet of electric vehicles (EVs) without the need for the expensive upgrade to the power supply grid. in 2016.

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UPS/Greenbiz study identifies motivators and barriers to electric fleets

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In addition to the fuel savings, electric vehicles typically require less maintenance than traditional internal combustion engine vehicles, which means lower maintenance costs. Fifty-five percent of respondents cited the initial purchase price of electric commercial vehicles as the top barrier.

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Altalto waste-to-jet fuel plant advances in UK; BA, Shell, Velocys

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Subject to planning and funding decisions, the plant is due to begin construction in 2021 and to start producing commercial volumes of Sustainable Aviation Fuel in 2024. British Airways intends to purchase jet fuel produced at the plant for use in its aircraft.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

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Modec fully electric vehicle with a cab forward design used in London. The new trucks will join UPS’ Rolling Lab, a growing fleet of more than 9,000 alternative fuel and advanced technology vehicles. UPS operates one of the largest private alternative fuel and advanced technology fleets in the US.

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FedEx Converts 92 Delivery Trucks to Hybrids, Expanding Hybrid-Electric Fleet by 50%

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FedEx and our suppliers have demonstrated that converted hybrids are a viable, lower-cost option compared to purchasing new hybrids. As a result of these efforts, FedEx Express has saved 45 million gallons of fuel or 452,573 metric tons of carbon dioxide emissions. John Formisano, vice president, Global Vehicles, FedEx Express.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Neil Auerbach is a Managing Partner at Hudson Clean Energy Partners which is a global private equity firm investing in renewable power, alternative fuels, energy efficiency and storage. The LIBOR is the London Inter-Bank Offered Rate and is an industry benchmark interest rate.

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