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Northvolt gets $400 million from Investment Management Corporation of Ontario

Electric Cars Report

The Investment Management Corporation of Ontario (“IMCO”) is investing US$400 million in Swedish battery cell manufacturer Northvolt. The funds will enable Northvolt’s planned expansion, aligned with IMCO and the Company’s commitment to a deeply sustainable battery supply chain.

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MAN launches sales of the first heavy-duty electric truck in its corporate history

Electric Cars Report

MAN Truck & Bus has launched sales of the first heavy-duty electric truck in its corporate history, marking another milestone in the decarbonization of freight transport. 600 order inquiries have already been received.

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Nikola Corporation to Acquire Battery Pack Company Romeo Power

Electric Cars Report

Nikola Corporation and Romeo Power have entered into a definitive agreement in which Nikola will acquire the battery supplier in an all-stock transaction. The proposed exchange ratio implies a consideration of $0.74 The proposed exchange ratio implies a consideration of $0.74

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How Corporations Can Help the U.S. Reach its EV Goals

Clean Fleet Report

How Corporations Can Help the U.S. Meanwhile, the electrification of city- and corporate-owned vehicles has been dominating recent headlines. Amazon announced an investment of nearly $1 billion in an all-electric delivery truck fleet last October. Reach its EV Goals A Look at the Pathway & Companies’ Role U.S.

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Large Corporations Present EV Blueprint To Top Auto Manufacturers

CleanTechnica EVs

Members of the Corporate Electric Vehicle Alliance have presented a roadmap for developing the types of EVs that companies plan to buy in the US over the next five years to top automotive manufacturers, Ceres, a nonprofit that works with capital market leaders to solve sustainability challenges has announced.

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Nissan Tiptoes Into The Electric Car Future

CleanTechnica EVs

Nissan announced its latest electric car ambitions this week in what must qualify as one of the weakest press releases in recent memory. It’s a perfect example of namby-pamby corporate newspeak that strives to make the inconsequential seem relevant. aims to […]

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Volvo Car Corporation to start demonstration program of electric cars in Shanghai

Green Car Congress

Volvo Cars China and Shanghai International Automobile City Group—a local government supervision authority— will undertake a demonstration program with two Volvo C30 Electric cars in the community of Jiading outside Shanghai. In June 2011, Volvo Car Corporation started the production of the Volvo C30 Electric.

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