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Mullen announces $15.8M vehicle purchase agreement with MGT Lease Company for 250 Class 3 commercial EV trucks

Green Car Congress

Mullen Automotive, an emerging EV manufacturer, announced the signing of a vehicle purchase agreement with MGT Lease Company, a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks. The contract is valued at $15,755,000.

Purchase 259
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Daimler Truck unveils electric Class 6/7 Freightliner eM2; extending portfolio of EVs for N America

Green Car Congress

With this new truck, DTNA is extending its lineup for series-built electric vehicles for the North American market, accompanying the Freightliner eCascadia Class 8 tractor, the electric schoolbus Jouley from Thomas Built Buses and the electric walk-in van platform FCCC MT50e.

America 402
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Battle Motors acquires Crane Carrier Company; Class 7 and 8 vocational truck electrification

Green Car Congress

EV technology developer Battle Motors has acquired commercial vehicle OEM Crane Carrier Company. Crane Carrier Company (CCC) has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio with 180 sales and service dealers throughout North America. Battle One.

Motor 259
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ROUSH CleanTech enters EV market with Class 6 electric vehicles

Green Car Congress

ROUSH CleanTech, known for its advanced clean transportation solutions, is entering the electric truck market. ROUSH built the electric trucks to Penske’s specifications to ensure a satisfactory experience across many market segments. Penske has been expanding its battery electric fleet for the past several years.

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Nornickel presents market review of nickel and platinum group metals

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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E-bike company Ariel Rider raises $14.8M in Series A

Green Car Congress

Seattle-based e-bike manufacturer Ariel Rider has raised US$14.8 million in a Serie A round, which puts the company’s valuation at US$74.0 Ariel Rider’s X-Class 52V e-bike. Ariel Rider’s X-Class 52V e-bike. This new funding from our partners and their local expertise will help us achieve our goals at a faster pace.

Seattle 435
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Bosch to invest more than $200M to produce fuel cell stacks for Class 8 trucks in South Carolina

Green Car Congress

As part of Bosch’s local-for-local manufacturing strategy, the fuel cell stacks produced in Anderson will drive hydrogen-powered trucks coming to the roads of the US in the next few years. Nikola Corporation has been pilot-testing prototype Class 8 fuel cell electric vehicles (FCEV) featuring Bosch technology. —Mike Mansuetti.