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Hyundai signs MOU with South Korean government and industry partners to demo EV battery leasing business

Green Car Congress

Through this agreement, Hyundai aims to foster an EV ecosystem by alleviating the initial cost burden of EV purchases and by providing innovative services that enable eco-friendly reuse of batteries. As a result, KST Mobility is able to have lower initial investment for EV purchases.

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A Giant Game of Telephone: The Revel Tesla Model Y Taxi Situation Explained

Teslarati

Earlier this week, there was plenty of talk about the Revel taxi fleet in New York City, comprised of 50 Tesla Model Y all-electric crossovers that would contribute to the ride-sharing services that the Big Apple has long been accustomed to over the past century. New York City Taxi and Limousine Commission: A Giant Game of Telephone.

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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

Green Car Congress

Concurrent with a public listing of Skyworks Aeronautics shares, Skyworks Aeronautics will issue warrants to GEM to purchase up to 3% of the common stock of the company. Mobius’ battery module provides low total cost of ownership, safe battery operation, high energy density, fast charging ( 0.8,

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ZeroAvia unveils hydrogen fuel cell powertrain for aviation

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It will also be more economical than conventional turbine engines, or even the battery-based systems, on the total cost basis. Starting in 2022, the ZeroAvia powertrain will offer operators a sustainable option for new aircraft made by established manufacturers where customers already purchase their aircraft.

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New York City adding 70 electric vehicles to fleet; launches EV educational push

Green Car Congress

The Administration is also working towards the use of electric vehicles in the City’s fleet of more than 13,000 yellow taxis. As part of its selection as the supplier of New York City’s Taxi of Tomorrow, Nissan is working with the City and taxi owners on a pilot program to study the use of zero-emission electric vehicles as taxis.

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Failure to equalise VAT on public charging a missed opportunity

My Energi

Citing concerns surrounding ‘additional pressure on public finances’ and ‘limitations surrounding legal and fiscal considerations’, ministers also rejected calls to reinstate EV purchase grants – a scheme that proved vital in supporting the growth of the electric car market before its closure in June 2022.

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Pennsylvania invests $7.9M in 21 alt-fuel projects

Green Car Congress

Awards include (ranked by amount): PHL Taxi Management LLC —$900,000 – to purchase and deploy 50 new CNG taxis in Philadelphia that comply with the Americans with Disabilities Act, and to build a publicly accessible CNG fueling station in the city. Giant Eagle Inc. Waste Management of Pennsylvania Inc.