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SEMA sponsors ZEV conversion rebate bill in California; up to $2,000 rebate

Green Car Congress

Portantino (D-25) and Josh Newman (D-29) introduced Senate Bill 301 , a bill sponsored by the Specialty Equipment Market Association (SEMA), to create a financial rebate program for converting gas and diesel-powered motor vehicles into zero-emissions-vehicles (ZEVs). Eligible converted ZEVs would need a range of at least 100 miles.

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Is It Economical to Convert ICE Car to Electric Car Using Conversion Kit

Get Electric Vehicle

While purchasing a brand-new electric car might not be feasible for everyone due to its higher upfront costs, people are looking for alternatives. converting existing internal combustion engine (ICE) cars into electric vehicles using conversion kits. Cost Considerations #1.

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Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position

Green Car Congress

Nikola Corporation announced that an institutional investor has agreed to make a $200-million investment in Nikola through the purchase of Convertible Senior Notes. Funds advised by Antara Capital LP have agreed to purchase $200 million aggregate amount of 8.00% / 11.00% Convertible Senior Notes due 2026.

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Voltabox to supply battery systems to e-troFit for conversion of diesel buses to electric

Green Car Congress

Voltabox AG secured a long-term framework contract with e-troFit GmbH as the preferred supplier of high-performance battery systems for e-troFit’s conversion solutions for diesel buses. In the past fiscal year, e-troFit nominated Voltabox AG as the supplier of the battery unit for conversion kits for buses and trucks.

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Startup licenses ORNL technology for converting organic waste to hydrogen

Green Car Congress

The technologies work as a system that converts organic waste into renewable hydrogen gas for use as a biofuel. There are usually thousands of microbes that are required to convert a complex organic mixture from biomass into electrons. He is now a research professor at the University of Tennessee, while also working with the startup.

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Universal Hydrogen successfully completes first flight of hydrogen fuel cell powered regional airliner

Green Car Congress

The flight, conducted under an FAA Special Airworthiness Certificate, was the first in a two-year flight test campaign expected to culminate in 2025 with entry into passenger service of ATR 72 regional aircraft converted to run on hydrogen. The other remained a conventional engine for safety of flight. Deliveries will start in 2025.

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FedEx Express Canada launches first 50 BrightDrop all-electric vehicles

Green Car Congress

The company plans for 50% of its global PUD vehicle purchases to be electric by 2025, rising to 100% of purchases by 2030. GM invested nearly CAN$1 billion to convert CAMI into Canada’s first large-scale EV factory. BrightDrop is manufacturing the Zevo 600s at GM’s CAMI Assembly plant in Ontario. Earlier post.)

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