article thumbnail

Major companies with large fleets release new EV roadmap for car & truck manufacturers

Green Car Congress

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. million on-road vehicles in the United States.

Fleet 476
article thumbnail

DOE awarding $46M to 8 companies to support commercial fusion energy development

Green Car Congress

The US Department of Energy (DOE) announced $46 million in funding ( DE-FOA-0002809 ) to eight companies advancing designs and research and development for fusion power plants. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant. ST40 also achieved the highest triple product by a private company.

Fusion 305
article thumbnail

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
article thumbnail

ElectraMeccanica and Tevva to merge; targeting electric commercial trucks in UK, Europe and US

Green Car Congress

ElectraMeccanica , a designer and assembler of electric vehicles, and Tevva , a manufacturer of electric medium- and heavy-duty commercial vehicles, have entered into a definitive agreement, pursuant to which ElectraMeccanica and Tevva have agreed to combine by way of a British Columbia statutory plan of arrangement.

article thumbnail

Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

Green Car Congress

Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. Located in Høvik, Norway, Hystar is building an Innovation Centre to support its R&D and manufacturing capabilities.

article thumbnail

WEVC unveils WATT eCV1 electric light commercial vehicle platform; cell-to-chassis

Green Car Congress

Watt Electric Vehicle Company ( WEVC ), a designer and manufacturer of low-to-medium volume EVs, both under its own brand and for third parties, revealed a lightweight and efficient chassis-cab product set to provide the foundation for next-generation electric light commercial vehicles.

article thumbnail

Liquefied gas electrolyte company South 8 expands manufacturing facility; new pilot production line

Green Car Congress

product—LiGas( earlier post )—recently expanded its manufacturing facility, corporate offices and team of experts as interest grows in LiGas. South 8 is the first company to develop liquefied gas electrolyte technology as a safer, higher performance alternative to standard liquid electrolytes. South 8 Technologies, Inc.,