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REE closes $15M share offering, links with Airbus, and showcases demo EV at Work Truck Week

Baua Electric

Lastly, REE is showcasing its full-by-wire electric truck (seen above) at Work Truck Week in Indianapolis, Indiana. This afternoon, REE and Knapheide will discuss the electric truck with Work Truck Week attendees and media during a joint media conference at 3:45 PM ET at the REE booth (#1843).

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Lightning Hybrids secures order for 35 hydraulic hybrid systems from Kiessling Transit

Green Car Congress

Kiessling Transit purchased a pilot vehicle equipped with the hybrid system through Lightning Hybrids’ Boston-based dealer, National Fleet Hybrids, in 2013. —Tim Reeser, president and co-founder, Lightning Hybrids. The pilot vehicle’s fuel consumption was closely monitored during the pilot program. Fleets Hybrids Hydraulic Hybrid'

Hybrid 150
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U.S. electric cars are starting to gain mass support

Setec Powerr

At the UN climate conference in November 2021, six major automakers, including Ford and General Motors, pledged to stop selling new gasoline and diesel vehicles by 2040. According to the Pew Research Center, 1 in 4 Americans say it’s “somewhat likely” to choose an electric vehicle for their next car purchase.