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Study finds all-electric rideshare fleet could reduce carbon emissions, but increase traffic issues

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Major ridesourcing companies Uber and Lyft have promised all-electric fleets by 2030 in an effort to reduce their carbon footprint. Overall, electrification reduces net external costs to society by 3–11% (5–24¢ per trip), depending on the assumed social cost of carbon. —Mohan et al. Mohan et al.

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

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GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

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UNFI adding 53 all-electric TRUs to California fleet

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is adding 53 all-electric transport refrigerated trailer units (TRUs) to its fleet located at the company’s Riverside, Calif. By operating the all-electric TRUs, UNFI anticipates it will save approximately 135,000 gallons of diesel fuel per year while reducing particulate matter pollutant emissions and greenhouse gas emissions.

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XL Fleet and eNow partner to electrify refrigerated trailers

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XL Fleet Corp. Under the terms of the agreement, XL Fleet will supply battery and power electronics systems for the first 1,000 units of eNow’s new electrified refrigerated trailer solutions. XL Fleet will provide battery and power electronics systems for eNow’s innovative electrified refrigerated trailer solution.

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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Through the project, also known as Zero-Emission Regional Truck Operations with Fuel Cell Electric Truck, Hyundai Motor will deploy 30 Class 8 6x4 XCIENT Fuel Cell heavy-duty tractors at the Port of Oakland, Calif.,

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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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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.