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BYD and Levo partner to deploy up to 5K BEVs in US fleets, integrate V2G technology

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This innovative potential partnership leverages state-of-the-art BYD and Nuvve technologies and will provide access to Stonepeak’s financing, which will lower the cost of medium- and heavy-duty battery electric vehicle adoption for fleets of all types including mass transit, municipalities, last mile delivery and school districts.

BYD 199
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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

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The advantage is that fast-charging infrastructure can be built nearly anywhere, even if in places with a low-capacity grid connection. This automotive power bank could be used wherever the capacity of the grid connection is too low but there is demand for powerful charging infrastructure. 4 and have now been given a second purpose.

Charging 334
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Electrovaya completes C$5M financing; new Office of Chairman

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completed a financing for C$5 million (US$4.96 note in the aggregate principal amount of C$5 million and 500,000 common share purchase warrants. Each share purchase warrant is convertible into one common share of the corporation. Each share purchase warrant is convertible into one common share of the corporation.

Financing 218
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A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

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announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). The financing supplements the pre-petition $22.5 Li-ion maker A123 Systems, Inc.

Financing 225
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Get H2 partners propose green hydrogen pipeline in Europe

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Most of the transport will take place via existing gas grid lines (shown in orange), which will be converted to hydrogen transport. The IPCEI program can finance the network construction in part. However, the financing of network operation requires a long-term solution to the charging issue in the EnWG.

Hydrogen 435
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AlphaStruxure and Montgomery County, Maryland, announce integrated microgrid and electric bus charging infrastructure project; EaaS

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AlphaStruxure will design, build, finance, own and operate the project to enable Ride On’s growing electric bus fleet. Climate Resilience & Operational Reliability: Ensures uninterrupted bus services during any long-term power outages caused by severe weather as well as any short-term disturbances or perturbations of the utility grid.

Maryland 381
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Octillion Power Systems debuts new EV battery-leasing plan

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Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Access to the program will be on a first-come, first-served basis.

Power 307