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TfL Board approves production order for 600 new hybrid buses for London

Green Car Congress

The Board of Transport for London (TfL) approved a production order for up to 600 of New Bus for London vehicles over the next four years. When the final batch of new bus for London vehicles is delivered in 2016, more than 1,000 hybrid buses will be in service on the streets of London. Earlier post.)

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UPS invests in Arrival, orders 10,000 electric delivery vehicles

Green Car Congress

Along with the investment in Arrival, UPS also announced a commitment to purchase 10,000 electric vehicles to be built for UPS with priority access to purchase additional electric vehicles. Future vehicle purchases are contingent on successful tests of initial vehicles. Vehicle purchase prices will not be disclosed.

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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

Green Car Congress

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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H2X Global secures US$57M from Verde Mobility to deliver on US$300M in fuel cell vehicle orders

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The deal will finance the delivery of H2X Global’s US$300 million in purchase agreements for vehicles that include the Warrego (utility vehicle), Paroo (garbage/deliver/concrete trucks), and Swan (passenger bus). The funds will also support H2X Global’s planned listing on the London Stock Exchange.

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United to buy 15 supersonic aircraft from Boom; option for 35 more; optimized for 100% SAF

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United Airlines announced a commercial agreement with Denver-based aerospace company Boom Supersonic to purchase 15 of Boom’s Overture supersonic airliners, once Overture meets United’s safety, operating and sustainability requirements, with an option for an additional 35 aircraft. Capable of flying at speeds of Mach 1.7—twice

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Allison Transmission acquires Vantage Power and AxleTech’s electric vehicle systems division

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the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, has purchased Vantage Power and AxleTech’s electric vehicle (EV) systems division. Allison Transmission Holdings Inc., Graziosi, President and CEO of Allison Transmission.

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Fastned raises €12.3M in 10 days for expansion of European fast charging network

Green Car Congress

Fastned, the Dutch company building a European network of fast charging stations, has raised €12.3 We will use the proceeds of this issue to build dozens of new stations and add chargers to existing locations. million (US$14.5 million) in 10 days via a public issue of bonds. This is reflected in the incredible demand for our bonds.

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