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

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IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Most commercial vehicle factories in mainland China have returned to production. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
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mPhase to Pursue Funding From Stimulus Plan’s $2B for Advanced Automotive Battery Technology

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says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. mPhase is developing its Smart NanoBattery as part of a Phase II STTR Grant that was awarded by the United States Army in 2008. mPhase Technologies , Inc.,

Stimulus 150
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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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The funding is part of the recently announced $2.4 This will represent the largest deployment of commercial PHEVs to date. Ford Motor Company and Southern California Edison, in the deployment of plug-in hybrid electric commercial vehicles to more than 50 utility and municipal fleets nationwide. Earlier post.)

Eaton 150
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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

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of projected economic stimulus spending. Investors, developers, market infrastructure makers, customers and beneficiaries can play roles in creating a market where nature-based solutions access new sources of revenue, increases resilience of commercial activities, reduces costs or contributes to reputation and purpose, the report says.

Financing 296
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Navistar Officially Unveils eStar, Its First Purpose-Built All-Electric Commercial Truck

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will deliver to FedEx the first full-production eStar —Navistar’s all-electric commercial truck. million federal stimulus grant to build electric trucks. No other commercial electric vehicle competes with the eStar in terms of capacity, size and application. Click to enlarge. Navistar, Inc. and Modec Limited of the UK.

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EV Project collects more than 24 million miles of EV operating data since inception

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As part of The EV Project, ECOtality will be releasing more than 40 white papers on various topics ranging from a study of the needs of commercial charging to regulatory issues. This information comes from an analysis of approximately 675,000 charge events in key EV Project markets to date.

Miles 210
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Ryder Awarded First-of-Its-Kind Natural Gas Heavy Duty Truck Rental and Leasing Project Using $19.3M in Stimulus Funding

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This is the first time that natural gas trucks will be deployed into a large commercial truck rental and leasing operation. As part of the project, Ryder will purchase more than 200 heavy-duty natural gas powered trucks. Ryder will use $19.3

Stimulus 186