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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.

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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 Technologies , Inc., When the battery is activated, the electrolyte passes through the membrane and contacts the electrodes, initiating the electrochemical reaction.

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Penn State, EC Power use internal thermal modulation to enable stable fast charging

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Acting as a stimulus, the nickel foil self-regulates the battery’s temperature and reactivity which allows for 10-minute fast charging on just about any EV battery, Wang explained. EC Power is working to manufacture and commercialize the fast-charging battery for an affordable and sustainable future of vehicle electrification, Wang said.

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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. The consortium promotes applications for the commercial use of this technology that are needed in the member companies. QUTAC’s vision is to drive such a quantum computing ecosystem.

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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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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. Mark Duvall, director of Electric Transportation at EPRI.

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Study finds global oil demand likely to grow despite pandemic, climate policies

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The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. Other findings include: COVID could drive a structural downshift in oil demand, even if economic growth in the short term brings about a recovery in oil use.

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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.