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In addition to the company’s Proterra Transit and Proterra Powered business units, Proterra Energy offers a turn-key approach to delivering the complete energy ecosystem for heavy-duty electric fleets through charging infrastructure design, build, financing, operations, maintenance and energy optimization.
Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.
launched a dealer program that provides turnkey residential charging packages to consumers purchasing new electric vehicles (EVs) or plug-in hybrids (PHEVs) and allows them to finance the charger in combination with the vehicle at the time of sale. AeroVironment, Inc.
A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% Inductive charging will account for 1.2% Inductive charging will account for 1.2%
million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). those consumer segments which can afford the vehicle, have suitable range requirements and have access to an appropriate location for charging. Last week, J.D. million units in 2020, or some 7.3% Earlier post.)
AlphaStruxure , a provider of Energy as a Service (EaaS) solutions, announced an agreement to deploy an integrated microgrid and electric bus charging infrastructure project for Montgomery County, Maryland. The Brookville Smart Energy Bus Depot is a first-of-its-kind integration of microgrid and EV charging infrastructure.
At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The advantage is that fast-charging infrastructure can be built nearly anywhere, even if in places with a low-capacity grid connection.
The Electrification Coalition has introduced its EV Policy Showroom, offering policymakers, EV advocates, industry partners and other stakeholders online access to easily navigable data and policy information on the deployment and adoption of electric vehicles and charging infrastructure. Screenshot from EV Policy Dashboard.
Eligible recipients are: State or local governmental entities responsible for providing school bus service to one or more public school systems; or for the purchase of school buses. Non-profit school transportation associations.
The partnership establishes an investment fund to finance $65 million in solar projects to assist Honda and Acura customers with the initial cost of solar power installation. A 20-year lease or power purchase agreement term applies. SolarCity and American Honda Motor Co., No down payment or security deposit is required.
to offer the Plugless Level 2 Electric Vehicle (EV) Charging System ( earlier post ), the first commercially available wireless system. In addition, Bosch announced financing options for all offered electric vehicle charging stations and their installation. The Plugless L2 System offers hands-free, automatic EV charging.
In addition to increased targeted range and power, standard range models can now charge to 100% more frequently via AC home charging. When on the road, DC fast charging to 80 percent battery capacity from 10 percent is 33 minutes, a 5-minute reduction when compared to previous standard range models.
The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. That data is shared with the cloud-based Ford Power My Trip feature and SYNC 4, so customers can plan their routes and monitor charge use while driving. Available 9.6-kilowatt
Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. With the nationwide EV outlook expected to reach 26.4
Ford Mustang Mach-E owners in the US will receive 250 kWh of complimentary charging through FordPass Rewards at Electrify America fast-charging stations. For Mustang Mach-E owners with the extended-range battery, the 250 kWh of fast-charging energy is equal to more than three fill-ups.
These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support. Dealers and their financing partners, leasing and rental companies, or truck-as-a-service providers can serve as providers.
Most of them will be purchased with the funds from the green bonds. The funds received from the placement of green bonds were earlier used to purchase 400 electric buses. Today nearly half of the Moscow e-bus fleet has been financed by green bonds. Next year Moscow plans to purchase 500 more eco-friendly buses.
Electric bus manufacturer Proterra has introduced a multi-dispenser charging solution which enables Proterra charging systems to have multiple low-profile charging dispensers paired with a single Power Control System (PCS). Proterra chargers are also vehicle-to-grid capable and smart-grid ready.
New for 2021, Lightning eMotors will offer a new digital dashboard that highlights range, efficiency and state of charge, a new phone application interface, and support for new Ford safety features. In addition, Lightning eMotors is the only electric van manufacturer that supports wheelchair lifts, custom floor rails, and custom bus doors.
This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles.
AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. PIDE Canopy Mount.
The IPCEI program can finance the network construction in part. However, the financing of network operation requires a long-term solution to the charging issue in the EnWG. The definition of the electricity purchase criteria is still outstanding here.
ALTe has pledged to develop an electric vehicle fleet purchasing system by which fleet customers can consolidate the entire electric vehicle decision-making process in one simple web-based interface.
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.
The Empulse and Empulse R will cost $16,995 and $18,995, respectively, with financing available from Sheffield Financial. Through this financing, customers will be able to purchase the new Empulse and Empulse R from Brammo dealers as follows: Empulse: 8.9% financing for 60 month at $334 and 3.9% for 72 months at $303, 6.9%
Electric vehicle charging for commercial vehicles can be time-consuming; if this charging is paid at an hourly rate, labor can cause this cost to dominate total cost of ownership. Many electric tractor trailers would be affected by additional battery weight, reducing the available payload capacity, and this cost can be substantial.
This funding comes from DOT’s Buses and Bus Facilities Program and Low or No Emission Vehicle (Low-No) Program, helping transit agencies purchase and lease new, cleaner vehicles and renovate and construct the infrastructure needed for zero-emission transit vehicles. ZEB Transition: On-Route Charging Pilot. RCTA Bus Replacement Project.
This purchase represents an order potential of nearly 800 buses (of which about 200 are in firm order), financed 100% by île-de-France Mobilités (in direct grant or via the contract île-de-France Mobilités – RATP). The first order of approximately 150 vehicles, distributed over the three lots, will be processed as soon as possible.
EV Connect, a provider of electric vehicle (EV) charging solutions, announced the first “EV Charging-as-a-Service” or “EV CaaS”, to cut up-front costs and simplify the process for purchasing and installing EV charging station infrastructure by turning the purchase decision from a capital expenditure to an operating expense.
Used-car buyers can now find nearly as many offers and choices as those looking for a new one, thanks to the huge popularity of car financing. Just remember to run a car history check before financing the vehicle to ensure it’s worth the money. Car dealerships may have the best financing deals. Dealer Finance for Used Cars.
This includes more than $2 billion for zero-emission trucks and buses and off-road equipment including school buses, transit buses, and drayage trucks, $33 million for financing for small truck fleets transitioning to cleaner technologies, and $135 million for demonstration and pilot projects, including commercial harbor craft.
The overall out-of-pocket-costs for many consumers who finance will be lower in their very first year of ownership, despite the fact that the upfront cost of electric vehicles remains higher today than their gas-powered counterparts. Lifetime savings of EVs versus comparable gasoline-powered vehicles.
are partnering to offer Focus Electric customers a rooftop solar system that will generate enough renewable energy during the day to offset the electricity used to charge the vehicle at night. Affordable financing options for the solar system are available through SunPower. Ford and SunPower Corp.
The market for plug-in electric vehicles (PEVs) has expanded in recent years in parallel with the deployment of publicly accessible charging stations, mainly funded by government programs. According to a new report from Navigant Research, there are now almost 64,000 public charging stations installed globally.
Power and automation technology group ABB, KredEx and the Ministry of Economic Affairs of Estonia, announced the first public installation of an ABB Terra 51 DC fast charging station for electric vehicles in Estonia. A list outlining the locations of all DC fast charging points can be found at [link]. Click to enlarge. Earlier post.).
Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. In addition to finance, the app will also be updated to allow customers to make other purchases. Shoot me an email at william@teslarati.com.
Battery swapping gives way to battery financing. Slow versus fast charging debate intensifies. 2013 will see a greater diversity of charging rates as the lines between fast and slow charging begin to blur and more host sites opt for less expensive Level 1 charging equipment, Pike predicts. In Europe, 22.7
It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales. Encourage private fleets to purchase, lease, or rent ZEVs. Promote workplace charging.
WEES provides energy efficiency, renewable technology, electric vehicle charging station and other energy solutions to customers across the New England region. As our customers look to install and operationalize their electric fleets, they will need seamless electric charging infrastructure. XL Fleet Corp.,
Lack of access to charging infrastructure outside of the home. Potential electric vehicle customers may be deterred by a non-home charging infrastructure that seems inadequate, difficult to navigate, and unpredictable in its pricing. Plan for and facilitate deployment of a well-planned and easy-to-use charging infrastructure network.
The full coverage insurance includes coverage for inductive charging plates, charging cables and wallboxes, disposal costs for the battery, and replacement value cover for the vehicle and the battery. Customers can purchase the insurance directly from their Mercedes-Benz dealer. kWh/100 km) in the future.
PACCAR is collaborating with Faith Technologies and Schneider Electric to provide a charging infrastructure package solution for customers that purchase battery electric Kenworth and Peterbilt heavy- and medium-duty trucks in the United States and Canada. PACCAR electric charger with Kenworth K270E and Peterbilt Model 220EV trucks.
In addition, the fuel economy label displays a charging time of seven hours on a 240V charge and a driving range of 73 miles, based on the five-cycle tests using varying driving conditions and climate controls. —Scott Becker, senior vice president, Finance and Administration, Nissan Americas.
This innovative potential partnership leverages state-of-the-art BYD and Nuvve technologies and will provide access to Stonepeak’s financing, which will lower the cost of medium- and heavy-duty battery electric vehicle adoption for fleets of all types including mass transit, municipalities, last mile delivery and school districts.
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