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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

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XL Fleet and eNow partner to electrify refrigerated trailers

Green Car Congress

XL Fleet Corp. Under the terms of the agreement, XL Fleet will supply battery and power electronics systems for the first 1,000 units of eNow’s new electrified refrigerated trailer solutions. XL Fleet will provide battery and power electronics systems for eNow’s innovative electrified refrigerated trailer solution.

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How to Choose the Right Vehicle for Your Fleet

Clean Fleet Report

In the complex logistical ballet of modern commerce, fleet vehicles serve as the lifeblood of countless enterprises, ranging from the acrobatics of urban delivery services to the steadfast endurance of long-haul transport. What are the daily demands of your fleet operation?

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Octillion Power Systems debuts new EV battery-leasing plan

Green Car Congress

Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Access to the program will be on a first-come, first-served basis.

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The design significantly increases reliability, maximizes performance, and reduces total cost of ownership.

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Palermo school buses go electric with funding and 50% lower electricity rate from AMPLY Power

Green Car Congress

Adding another school district fleet electrification program to its growing list of customers, AMPLY Power has been selected to manage the charging of electric school buses for the Palermo Union Elementary School District in Northern California. The cost of electricity without managed charging could be as high as $0.20/kWh.

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2,150 Workhorse W-15 range-extended electric pickups under letters of intent by fleets

Green Car Congress

has received Letters of Intent from fleets totaling 2,150 of the Workhorse W-15 range-extended electric pickup trucks. Workhorse intends to build the W-15 in its Union City, Indiana plant, a facility with the capacity to build 60,000 chassis a year. Workhorse Group Inc.

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