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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. billion raised—up 63% on the previous year. The 2Q figure, at $3.9

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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

Green Car Congress

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations.

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How to Choose the Right Vehicle for Your Fleet

Clean Fleet Report

In the complex logistical ballet of modern commerce, fleet vehicles serve as the lifeblood of countless enterprises, ranging from the acrobatics of urban delivery services to the steadfast endurance of long-haul transport. What are the daily demands of your fleet operation?

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

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Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.

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Indian Cab Aggregator Secures $75 Million Loan To Acquire 6,000 EVs

CleanTechnica EVs

Homegrown Blusmart Mobility has secured debt to acquire a massive fleet of electric vehicles. According to media reports, government-owned financial entity Power Finance Corporation (PFC) has sanctioned a loan worth $75 million to Blusmart Mobility. The company competes with Uber and Ola Cabs in cab aggregation services.

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SafeAI, Siemens, Obayashi collaborate to bring retrofitted autonomous, zero-emission heavy vehicles to off-road industries

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SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. The collaboration will continue scaling across the entire fleet over a three year period.

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New York City Council passes bill mandating all city school buses be electric by 2035

Green Car Congress

The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. The bill passed with 44 votes in favor and one vote against. Mayor Bill de Blasio is expected to sign the bill into law. The legislation was introduced to the Council as Intro.