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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

Green Car Congress

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. XL expects to expand its current suite of hybrid and plug-in hybrid solutions for Class 2-6 vehicles to include zero CO 2 (e.g.,

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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

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Plug Power to build green hydrogen plant in Georgia

Green Car Congress

Plug Power plans to build a green hydrogen production plant in Camden County, Georgia, to serve customers across the southeastern United States. Plug Power is investing $84 million in the facility, which is expected to create at least 24 jobs in the local community starting in 2022.

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Qualcomm and Lear Corporation sign commercial wireless electric vehicle charging license agreement

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Qualcomm Incorporated and Lear Corporation, a leading global supplier of automotive seating and electrical systems, have entered into a Wireless Electric Vehicle Charging (WEVC) license agreement. Qualcomm and Lear are collaborating on multiple WEVC production programs across multiple car companies.

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BYD and Hino enter strategic alliance focused on commercial battery-electric vehicles

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signed a strategic business alliance agreement with a focus on collaborating in the development of commercial battery-electric vehicles (BEVs). The two companies will accelerate the development of commercial BEVs to provide the best-fit product for customers in a timely manner. BYD Company Ltd. and Hino Motors, Ltd. Earlier post.).

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Volvo Car Corporation ramps up assembly of V60 diesel plug-in hybrid; up to 6K units for MY 2014

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Volvo Car Corporation is now ramping up production of the new Volvo V60 Plug-in Hybrid. The assembly of the first commercial light-duty diesel plug-in hybrid has been successfully integrated on the same line as the company’s other models at the Torslanda plant in Gothenburg. Earlier post.)

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NGK Spark Plug & HAKUTO-R to test solid-state lithium battery technology on the moon in 2021

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NGK Spark Plug, a manufacturer with more than 80 years of experience in spark plugs and ceramics, and lunar exploration company ispace, inc., announced that NGK Spark Plug has agreed to participate as a corporate partner of the world’s first commercial lunar exploration program “ HAKUTO – R ”.

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