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CATL expands partnerships with VDL and Quantron in Europe for commercial vehicle electrification

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and Quantron AG to optimize local product solutions and services for commercial vehicle electrification in Europe. VDL Bus & Coach has been the market leader in the electric bus sector in Europe with a share of 22%. As an importer, Quantron AG is authorized as CATL’s dealer to supply batteries in Europe.

Europe 243
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Fraunhofer analysis finds battery-electric trucks have energy cost advantage over hydrogen trucks

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In a recent analysis, Fraunhofer ISI concludes that battery-electric drives will become established in heavy-duty applications in the commercial vehicle sector and that fuel cells will remain a niche application. The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel.

Hydrogen 448
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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

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ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations.

Fleet 218
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Gevo and HCS Group to produce renewable low-carbon chemicals and sustainable aviation fuel in Europe

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This is a unique opportunity to enter the SAF market as the first commercial producer in Germany, building on our market success with renewable hydrocarbons. —Henrik Krüpper, Chief Executive Officer HCS Group. —Henrik Krüpper, Chief Executive Officer HCS Group. Gevo and SAS.

Renewable 303
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Hylane GmbH buys 18 Hyzon fuel-cell-electric trucks

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Hylane GmbH, a wholly owned subsidiary of DEVK Versicherung, one of Germany’s largest motor insurers, has purchased 18 fuel-cell-electric trucks from Hyzon Motors, with deliveries expected to begin in late 2022. Hyzon’s HYMAX, sold in Europe, is available in 24-, 46- and 70-tonne configurations.

Fuel 367
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FREYR Battery sanctions construction of its inaugural gigafactory, increases plant capacity to 29 GWh; $1.7B capital cost

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billion based on visibility from export credit agencies, multilateral development finance institutions and commercial banking partners, exceeding management’s leverage target for the $1.7 With the expected financial backing catalyzed by this strategy and support from other European governmental entities, FREYR has identified more than $1.6

Norway 150
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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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The report provides a detailed ten-year outlook for the uptake of electric light commercial vehicles across key regions (China, Europe, North America and the rest of the world) outlining, eLCV production, penetration, market revenue and battery requirements. European Light Commercial Vehicle Sales 2018.

Global 259