This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Plug-in electric vehicles, including plug-in hybrids and batteryelectric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). Last week, J.D. Earlier post.)
The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. In 2021, Colorado's Lightning eMotors is introducing a new Generation 4 model of its popular Lightning Electric Transit Van.
The proceeds of the bond will be used to fund the design, development and manufacturing of fullyelectric cars in line with the company’s recently established Green Finance Framework. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.
However, Germany is now financing 80% of the higher purchase cost of e-buses. Poland announced that in cities with populations of 100,000 or more, all public transport will be fullyelectric by 2030, and allocated €290 million to support this objective.
The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
By switching from diesel-fueled propulsion to fullyelectrically powered transport, an important step can be taken towards realizing the Paris Climate Agreement goals. The concept is based on the use of replaceable battery containers, to be known as “ZESPacks”. However, vessels must be equipped with an electric propulsion line.
The New York City Council passed a bill mandating that the city’s school bus fleet be fullyelectric by 1 September 2035. It is estimated that the cost to replace 9,740 diesel buses with battery-powered electric buses, as well as the cost to procure chargers and build-out electrical connections for the chargers, is $4.04
All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fullyelectric carmaker by 2030 and becoming climate-neutral and circular by 2040. Volvo Cars was the first established car maker to commit to full electrification and aims to sell only pure electric cars by 2030.
The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.
Maxus is presenting a range of zero emission EV80 batteryelectric vans at the 67 th IAA Commercial Vehicles show in Hannover. Under the new agreement with SAIC Maxus, LeasePlan will offer operational leasing solutions for the fully-electric EV80 large panel van to business customers across continental Europe.
In addition, Allison has committed to provide debt financing in support of JJE North America’s commercial vehicle electric drive product development, testing and manufacturing acceleration efforts.
Uber and Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, are expanding their partnership nationwide following a pilot program. Phoenix, New York and Boston in February. The Midwest and Southeast in March. The rest of the US, excluding Alaska, in April.
Venture-backed startup Joby Aviation has secured $100 million in Series B financing to take its all-electric vertical take-off and landing (eVTOL) passenger aircraft into pre-production and certification. Earlier post.).
E-Transit is the all-electric version of the world’s best-selling cargo van and the new vehicle spearheads the launch of Ford Pro in the region; this new business offers customers a comprehensive suite of software, charging, servicing and financing solutions fully integrated into a portfolio of gas and electric vehicles.
Lordstown Motors will use the site to build the Endurance, its flagship fully-electric full-size pickup truck designed specifically to serve the commercial fleet market. In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.
In Denmark, the Better Place network of Battery Switch Stations now connects Copenhagen to Aarhus. On the automotive technology side, Better Place participates in the “EasyBat” consortium, which is developing off-the-shelf components and standardizing a generic interface between the battery and electric cars with switchable batteries.
announced a battery and power electronics development and supply agreement and an investment in eNow, Inc., a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units (eTRUs) for Class 8 commercial trailers. XL Fleet Corp.
BC Transit in British Columbia, Canada has approved a $20-million contract to purchase ten 40-foot Proterra ZX5 electric transit buses and one Proterra Energy megawatt-scale EV fleet charger as part of the agency’s transition to a fullyelectric bus fleet.
The brand currently has two fully-electric cars in its program. Work on converting the Zwickau plant to be run exclusively as an electric mobility site is already underway, and in addition the plants in Emden and Hanover will switch to the production of electric vehicles from 2022. With the fully-electric ID.1
Applications for the loan program have included vehicles running on electricity, biofuels, and advanced combustion engines, and were submitted by both car and component makers, US automakers, US manufacturing subsidiaries of non-US-based companies, major US auto parts suppliers, and startups. Ford Motor Company will receive $5.9
By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, American-focused engineering, battery know-how, and software development, Volkswagen aims to drive 55% of US sales to be fully-electric by 2030. Buzz electric microbus in 2024, and new electric SUVs from 2026.
To support customers transitioning to a fullyelectric fleet, Proterra offers a suite of options that enable turnkey delivery of a complete energy ecosystem for heavy-duty electric fleets through Proterra Energy™ fleet solutions, including design, build, financing, operations, maintenance and energy optimization.
But they also include a huge increase in the proportion of batteryelectric vehicles (BEVs) and plug in hybrids (PHEVs), with the brand selling a total of 36.1% Jameson Dows favorite gear Aptera Referral Code Use our Aptera Referral Code for $30 off a reservation for the upcoming Aptera solar electric vehicle.
At around €12 billion, we will spend more than ever before on electric mobility by 2024. —Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “. By 2025, the Audi Group intends to have more than 30 electrified models in its product range, 20 of which will be fullyelectric.
FiSyPAC is a collaborative fuel cell reliability project, initiated in 2006, led by PSA Peugeot Citroën, and financed by the French National Research Agency (ANR). This fullyelectric vehicle, based on a Peugeot 307 coupe cabriolet, has a driving range of 500 kilometers (311 miles), with 75 km (47 miles) in charge depleting mode.
Volvo Cars said that by the middle of the next decade, it expects to generate half of all sales annually from fullyelectric cars; one third of all cars sold to be autonomous driving cars and half of all cars it offers to customers from its subscription service. Volvo Cars achieved record profits and sales in 2017, with a 27.7%
Audi aims to sell approximately 800,000 fullyelectric cars and plug-in hybrids in the year 2025. Also in electric mobility, we want to become the Number 1 among the premium manufacturers—with full suitability for everyday use, no compromises, top quality and driving pleasure for the customer.
Volkswagen expects that by 2026 one in four vehicles sold will have a battery-electric drive system,” Volkswagen wrote. The German automaker has built electric vehicles on its dedicated ID. platform since 2019 and has introduced several electric models under the umbrella of its EV-focused drivetrain and design. .
Finance about Elon Musk, EVs, and shared why he thinks Elon Musk deserves the credit for EVs being popular today. Tesla is the leader of the EV market and is the best-selling type of battery-electric vehicle. Tesla is the leader of the EV market and is the best-selling type of battery-electric vehicle.
While LNG is expected to be an early success, the picture becomes more diversified over time, as more than 20% of shipping could adopt hybrid propulsion solutions featuring batteries or other energy storage technologies, according to the paper. Ship electrification holds significant promise for more efficient use of energy.
The Group is planning a broad-based initiative in this area: it intends to launch more than 30 purely battery-powered electric vehicles (BEVs) over the next ten years. New competencies: autonomous driving, AI, batteries. After all, battery technology is the key to e-mobility. This policy decision has already been made.
BYD sold 68,018 battery-electric buses worldwide . BYD battery-electric buses. BYD has sold 68,018 battery-electric buses. As part of the collaboration, BYD will implement Levo’s technology and capital to offer fullyfinanced medium and heavy-duty BYD commercial EVs.
Rapidly improving fitness to lower costs, release capital and finance growth. The company has similarly aggressive plans for China and other markets, as 90% of Ford’s new global vehicles will feature connectivity by 2020. Thus, Ford is attacking costs, reducing automotive cost growth by 50% through 2022.
Ford’s award will help finance a number of engineering advances to traditional internal combustion engines and electrified vehicles. Nissan meanwhile, has received money to produce electric cars and battery packs at its manufacturing facility in Tennessee.
At the Vibrant Gujarat Global Summit 2024, Switch Mobility Ltd, a next-generation manufacturer of carbon-neutral electric buses and light commercial vehicles, and part of the Hinduja Group, flagged-off of its double-decker bus, Switch EiV 22. The inauguration was conducted by Shri.
In the automotive industry, the most obvious shift happening right now is from gasoline- and diesel-powered engines to fullyelectric motors. But, making the shift from selling primarily internal combustion engine (ICE) vehicles to electric vehicles (EVs) isn’t just a matter of replacing one set of inventory with the other.
And this weakening happens by additional electricity coming from the battery. And therefore, you have a lower efficiency of the electric motor. We provide an eight-speed automatic transmission with a hybrid electric motor up to 160 kilowatts. You called this field weakening at high speed?
NK City is the company’s latest generation EV, and is one of the few ready-to-market fullyelectric vehicles available in the world today. It can travel for 180 km (112 miles) in city driving on a fully charged battery. NK electric car exit protection Think. Tags: Electric cars TH!NK
fullyelectric car. If you want it to perform like a sports car instead of a slug in a sportscars skin, youre going to need that 10k for the ac drive system alone, and then maybe another 15k for a lithium battery pack. This is only useful after your on some other renewable source of electricity or using nuclear.
BEV (batteryelectric vehicles) registrations saw a slight increase from the 3 rd quarter of 2019 (from 26,210 to 27,565 units), reaching a 6.7% market share in Q3 as registrations of traditional fuel vehicles were down more sharply. between 2018 and 2019 in California, and 1.0% for the US as a whole.
The Council suggests that real estate agents and auditors should incorporate energy audits into the standard practice for buying, selling and valuing a home and continuing to provide innovative financing options for homeowners undertaking retrofits. The potential returns on our investments here are significant.
The plummeting costs of technology haven’t hurt either — Ceres reported that electric vehicle battery costs , alone, dropped by 80% from 2012 to 2020. Policies all across America are making it easier for companies big and small to make the leap to an electric fleet. Your employees and customers will notice.
Finally, EV prices have been steadily decreasing over the past few years, but they may not be falling as quickly as once predicted, as the decline in EV battery costs is set to slow its pace. last month, but batteryelectric vehicle sales decreased by only 58.1%. More eco-conscious markets will help EVs to emerge stronger.
In a first drive of the 2025 Honda CR-V e:FCEV , we found it to be well-packaged, roomy, and refined, with a driving experience that’s virtually indistinguishable from that of a battery-electric model. kwh battery pack. Jaguar is recalling the I-Pace again for battery-fire risk.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content