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

Baua Electric

By only ever intending to supply the critical, technology-driven aspects of its flexible vehicle-platform, REE has always held the promise of strong unit economics with only modest capital needs. Lastly, REE is showcasing its full-by-wire electric truck (seen above) at Work Truck Week in Indianapolis, Indiana.

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

Green Car Congress

Lightning Hybrids, developer and manufacturer of hydraulic hybrid systems for medium- and heavy-duty trucks and buses ( earlier post ), announced an agreement with Kiessling Transit to supply 35 hydraulic hybrid systems. The sale marks Lightning Hybrids’ largest order to date. —Tim Reeser, president and co-founder, Lightning Hybrids.

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