This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction.
Apex Clean Energy has ordered 19 electrified Ford F-series pickup trucks from XL Fleet, including ten plug-in hybrid electric and nine hybrid electric systems for pickups in its service fleet, for delivery in the second quarter of 2021.
ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.
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.
a designer and manufacturer of light-duty, short-haul, and last-mile delivery electric vehicles (EVs), has launched the Electric Vaccine Vehicle (EVV). Element Fleet Management Corp., AYRO, Inc., Club Car will provide sales and service support for the vehicles to Element and its Clients.
NFI, one of the US’ oldest and largest third-party supply chain solutions providers, is expanding its fleet of Class 8 battery-electric trucks (BETs) in Southern California as part of the Joint Electric Truck Scaling Initiative ( JETSI ) project. million), MSRC ($8 million), and South Coast AQMD ($5.4 million), with an additional $21.7
Proterra charging systems utilize standard J1772-CCS plug-in and SAE J3105 overhead pantograph technology, which enables fleet operators to charge a variety of heavy-duty and light-duty electric vehicles with the same chargers. Proterra chargers are also vehicle-to-grid capable and smart-grid ready.
Levelized cost of driving (LCOD) across powertrains for light-duty SUV, MY 2025. The report covers light-duty passenger vehicles as well as medium-/heavy-duty commercial vehicles: semi-tractors; medium-duty vans and pickups; transit buses; box, utility aerial and dump trucks; and garbage trucks.
HYVIA will offer a wide range of fuel cell-powered light commercial vehicles by the end of 2021: Master Van H2-TECH —a large van for transporting goods and packages, with 12 m 3 of cargo volume and a range of up to 500 km. A range of financing options and maintenance services will also be offered.
However, the document not only provides a detailed look at the finances of the company, it also provides a quick recap of recent technology developments and some insight into the company’s immediate research priorities. Details of the offering—i.e., number of shares and price range—are yet to be determined.
The Electrification Roadmap calls for 75% of light-duty VMT in the US to be electric by 2040. Achieving this will require a minimum of 25% of new light-duty vehicles purchased in the US to be grid-enabled vehicles (GEV) by 2020. As a result, oil consumption in the light-duty fleet would be reduced to just 2.0
bp took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. for customers, including individual drivers and fleet operators.
The integration of OMVL will complete Juniper’s light-duty strategy to enter the mobile industrial, non-mobile industrial, and automotive segments. Strategic investments in new markets and OEM-class products and capabilities will allow Juniper to compete for leadership in the light-duty alternative fuels market, Westport says.
million in funding for state programs that will improve public health by helping to clean up California’s fleet of cars, trucks and buses. million to help California consumers purchase plug-in hybrid and zero-emission cars and light trucks. The California Air Resources Board (ARB) announced an additional $72.5
The battery-electric freight trucks will be deployed in NFI’s Ontario, California fleet throughout 2022 and 2023, in support of its goal of operating the first 100% zero-emission freight logistics fleet in the nation. —Bill Bliem, senior vice president of fleet services at NFI. Earlier post.). Earlier post.)
has received Letters of Intent from fleets totaling 2,150 of the Workhorse W-15 range-extended electric pickup trucks. Subject to development, regulatory approval and financing, once production commences, Workhorse expects the W-15 to have a $52,500 MSRP. Workhorse Group Inc.
TeraWatt Infrastructure has secured more than $1 billion of institutional capital to support the buildout of its fleet-focused charging centers and operations. The company acquires properties in locations strategically relevant to fleets and develops the energy and charging infrastructure necessary to operate at scale.
Pennsylvania has awarded more than $3 million in Fuel Incentive Grants (AFIG) to 33 companies, counties and organizations making the switch to compressed natural gas (CNG), liquefied natural gas (LNG), or propane for medium to light-weight fleet vehicles. This year, AFIG grants focused on medium- to light-weight vehicles.
A new MIT report outlines a system-oriented set of coordinated policies to help the light-duty vehicle sector reduce petroleum-based consumption and its accompanying global warming emissions. This strategy should identify long term objectives and supporting policies for reducing fleet GHG emissions and fuel consumption. Heywood et al.,
Coca-Cola currently operates the largest heavy-duty hybrid-electric delivery fleet in North America. The addition of 100 hybrid service vans builds upon this work by expanding the variety of fuel-efficient options in the company’s light-duty fleet. kWh Li-ion battery pack.
The latest long-term forecast from Bloomberg New Energy Finance (BNEF) shows sales of electric vehicles (EVs) increasing from a record 1.1 Annual global light duty vehicle sales. Source: Bloomberg New Energy Finance. In 2040, some 60 million EVs are projected to be sold, equivalent to 55% of the global light-duty vehicle market.
Projects under this funding opportunity ( DE-FOA-0000079 ) will be financed, in whole or in part, with funds appropriated by the American Recovery and Reinvestment Act of 2009. Area 2: Advanced Technology Powertrains for Light-Duty Vehicles. Demonstration requirements for light-duty vehicles. Click to enlarge.
The New Terminal One will have what its creators have said is the largest solar array at any US airport, which will power a fleet of electric vehicles used at the terminal both landside and airside. Now JFK is undergoing a $19-billion redevelopment project that, among several new terminals, includes the 2.4-million
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60
It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales. Lead by example through increasing ZEVs in state, municipal, and other public fleets. Promote workplace charging.
The light commercial vehicle manufacturer, a subsidiary of China’s largest vehicle manufacturer SAIC Motor, is also announcing LeasePlan as its exclusive partner in Europe, as it prepares for its full brand launch in 2019. With the introduction of the Maxus light commercial vehicle brand, SAIC Mobility Europe starts its European activities.
million of BAF’s outstanding debt is held by Clean Energy Finance, a wholly owned Clean Energy subsidiary, Clean Energy anticipates paying a net amount of approximately $4.5 And today, BAF's after-market systems ensure that current NGVs are available for domestic light-duty fleets. Due to the fact that approximately $3.8
CATS’ fleet and financial plans call for the replacement 1998, 1999 and 2007 year diesel buses with new diesel buses in fiscal year 2012. Includes replacement of lighting fixtures, control systems, and roof upgrades at selected facilities. Material is being financed and procured through the New York Power Authority.
The passenger vehicle fleet doubles to almost 1.7 Passenger light-duty vehicles (PLDVs) remain the single largest component of transport oil consumption, although shrinking from about 45% share today to 39% by 2035. Passenger light-duty vehicles. billion in 2035. Oil demand for road freight grows fastest, by 1.7%
Nuvve plans to expand its footprint in California energy markets by leveraging V2G technology deployed via electric school buses and light-duty vehicles.
This is consistent with previous studies on the impact of the EU fleet target for passenger cars, which suggests that the 95 g/km target in 2020 can be met without the need for plug-in or hydrogen vehicles, the report noted. This is sensitive to assumptions on fuel price inflation and servicing costs.). beyond small-scale trials).
All of the trainsets are expected to be in service, and the current fleet retired, by the end of 2022. Amtrak will also modify fleet maintenance facilities to accommodate the new trains.
This includes the possibility of the adoption by IMO of a compensation mechanism through which a significant share of any revenues collected from international shipping could be directed to developing countries and provide a new source of finance to support their efforts to tackle climate change.
Autonomous vehicle technology company Nauto ( earlier post ) closed a $159-million Series B financing round, led by a subsidiary of SoftBank Group Corp. The resulting insights help improve fleet safety and operations, as well as save lives and reduce liability and expenses. and Greylock Partners.
The charging stations are installed on the business premises of the fleets involved. The SCCU also allows parallel charging of several vehicles in a fleet, without overloading the grid. Initial customers are predominantly fleet operators. Tags: Electric (Battery) Europe Fleets.
Light-duty vehicle sales in the US in February plunged 41.4% year-on-year, light truck sales were down 44.1%. by volume compared with a year ago, driven by a 75% reduction in fleet sales. to 64,956 units; light truck sales were down 44.4% to 34,678; sales of light trucks were down 51.6% Data: Autodata.
The rule establishes a year-by-year roadmap so that by 2035 100% of new cars and light trucks sold in California will be zero-emission vehicles (ZEVs) and plug-in hybrid electric vehicles (PHEVs). The Clean Vehicle Assistance Program provides low-income car buyers with special financing and up to $5,000 in down-payment assistance.
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?
Hybridization, electrification and digitalization of our fleet are becoming an increasingly important area of focus. In light of the worsening economic situation, we are also working on increasing our productivity, our efficiency and our cost base so as to secure meeting our targets.
Los Angeles Mayor Eric Garcetti on Friday announced a commitment to lease 160 pure battery EV vehicles, a move that will give Los Angeles the largest city-owned pure EV fleet in the US. These leases will deliver on the pLAn’s commitment to ensure that 50% of the City’s annual light-duty vehicle purchases are EVs by 2017.
The Softbank investment proceeds will therefore be an important component of the equity portion of the project financing as Nemaska continues to work on various complementary financing alternatives, including a USD 300-350 million debt financing and a USD 150-million streaming facility. Source: Nemaska Lithium Feasibility Study.
Dayton Power & Light Company. Florida Power and Light Company. Hawai`i Electric Light. Indianapolis Power & Light Company. Kansas City Power & Light. Charging infrastructure financing: Unlocking Up $4.5 Expanding the EV fleet. Municipal fleet electrification. Duke Energy. Eversource Energy.
The US Securities and Exchange Commission charged Volkswagen AG, two of its subsidiaries, and its former CEO, Martin Winterkorn, for defrauding US investors, raising billions of dollars through the corporate bond and fixed income markets while making a series of deceptive claims about the environmental impact of the company’s “clean diesel” fleet.
Onboard vehicle telemetry enables real-time monitoring and over-the-air updates to battery software so fleet operators can track battery performance and reap the benefits of continuous product improvement. Park City Transit was the first to utilize Proterra’s financing for six Catalyst buses that recently went into service.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content