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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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March appears to have been solid, on preliminary data, and April may even reach prior-year volumes thanks to strong government stimulus, but we do not see all of the lost volume being made up. Preliminary registrations statistics for the month of March suggest a year-over-year decline in new Class 4-8 truck registrations of approximately 30%.

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Eaton to Support Project to Develop and Deploy Medium-Duty Plug-in Hybrid Systems; Stimulus Funding to Support Largest Commercial PHEV Demonstration to Date

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million grant to develop a fully integrated, production plug-in hybrid system for Class 2 – 5 vehicles (8,501 – 19,500 lbs gross vehicle weight), and the accompanying demonstration of a fleet of 378 plug-in hybrid trucks and shuttle buses. The funding is part of the recently announced $2.4 Earlier post.)

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Proterra introduces 35-foot electric bus

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Built from the ground-up to be completely optimized as an EV, the Catalyst is the only purpose-built bus in its class. The modular configuration is a part of Proterra’s approach to electrifying mass transit routes across the United States.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Purcell, Jr., Earlier post.).

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Navistar Officially Unveils eStar, Its First Purpose-Built All-Electric Commercial Truck

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million federal stimulus grant to build electric trucks. This Class 2c-3 electric truck—the first in its category—has a range of 100 miles per charge, making it ideal for many urban applications. e-Star Quick Specs. 80 kWh Li-ion pack. 70 kW, 300 N·m (221 lb-ft) motor. Max speed: 50 mph (80 km). Range: 100 miles (161 km). Earlier post.)

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. While at Goldman Sachs, Auerbach was part of a team that invested $1.5

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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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This will take place within the framework of the German economic stimulus package (Konjunkturpaket II) and other national and state programs to jointly address standardization and cost reduction issues. A fleet of 40 hydrogen vehicles is part of the Clean Energy Partnership (CEP) in Berlin and Hamburg. Earlier post.)

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