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received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Workhorse Group Inc.
Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)
Blue Marble Biomaterials, a specialty biochemical manufacturer ( earlier post ), has closed on the purchase of the former GTC Oats Inc. Blue Marble uses novel bacterial consortia to produce specialty biochemicals from the anaerobic fermentation of a range of biomass feedstocks. The purchase includes 3.81
Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. Inventory financing for that deal is also being provided by Hitachi Capital America. Overall Length.
million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). those consumer segments which can afford the vehicle, have suitable range requirements and have access to an appropriate location for charging. Last week, J.D. million units in 2020, or some 7.3% Earlier post.)
Tesla has once again extended a promotion in China for zero-interest financing, following multiple extensions since the benefit first launched earlier this year. Tesla is currently offering the zero-interest financing on all Model 3 and Y trims with the exception of the performance variants. million deliveries to match its 2023 totals.
Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Elements of the new program include: US Bank and Wells Fargo have agreed to provide 10% down financing for purchase of a Model S (on approved credit.).
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. Master Citybus H2-TECH —for transporting up to 15 people, with a range of about 300 km.
Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.
Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
The Showroom includes the State EV Policy Dashboard; EV Roadmap Roundup; EV Funding and Financing Guide; EV Tools and Calculators Clearinghouse; AchiEVe Toolkit; Freight Electrification Report; and ZEV State Scorecard. The State EV Policy Dashboard displays the status of 10 leading state EV policy strategies, updated monthly.
The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. Both versions automatically adjust the truck’s battery range estimates as power is used. For all models, maximum payload is based on accessories and vehicle configuration.
The delivery wait times for the Model 3 long-range version and both variants of the Model Y have been reduced. The price of the Model 3 long-range all-wheel drive version has been increased by RMB 10,000 ($1,400) to the new price of RMB 285,500, according to information on Tesla Chinas website. seconds to 3.8 seconds to 4.1
CODA Automotive and Essex Credit Corporation, a subsidiary of Bank of the West, have reached a preliminary agreement to provide financing for customers of the 2011 CODA Sedan. kWh Lithium iron phosphate (LiFePO 4 ) battery system supports a range of up to 120 miles on the US06 cycle.
The pilot will provide $25 million to implement a range of innovative solutions to help small fleets make the transition to zero-emissions. These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support.
In addition, the fuel economy label displays a charging time of seven hours on a 240V charge and a driving range of 73 miles, based on the five-cycle tests using varying driving conditions and climate controls. Driving range on the Nissan LEAF, as with all vehicles, varies with real-world driving conditions.
The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets.
According to the terms of the Cooperation Agreement, Guangzhou GET Investment agrees to provide RMB 4 billion (US$586 million) in financing to help fuel XPeng’s growth as well as support the construction of a new smart EV manufacturing base for XPeng in the Guangzhou Economic and Technological Development Zone.
This purchase represents an order potential of nearly 800 buses (of which about 200 are in firm order), financed 100% by île-de-France Mobilités (in direct grant or via the contract île-de-France Mobilités – RATP). The first order of approximately 150 vehicles, distributed over the three lots, will be processed as soon as possible.
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.
The overall out-of-pocket-costs for many consumers who finance will be lower in their very first year of ownership, despite the fact that the upfront cost of electric vehicles remains higher today than their gas-powered counterparts. Lifetime savings of EVs versus comparable gasoline-powered vehicles.
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.
The Empulse offers a 100-mile (161-kilometer) range and 100-mph top speed. The Empulse and Empulse R will cost $16,995 and $18,995, respectively, with financing available from Sheffield Financial. Through this financing, customers will be able to purchase the new Empulse and Empulse R from Brammo dealers as follows: Empulse: 8.9%
Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. This includes $326 million for vehicle purchase incentives and $55 million for clean mobility investments. The California Air Resources Board approved a $2.6-billion
The incentive applies to both Rear Wheel Drive (RWD) and Long Range Dual Motor All Wheel Drive (AWD) variants of the Model 3 sedan and Model Y crossover. It should be noted that the five-year, zero-interest financing offer is only available for the RWD and AWD trims, not the Model 3 and Model Y’s Performance variants.
The new Indy fleet vehicles will include 100% electric models, such as the Nissan LEAF, as well as plug-in hybrid models like the Chevrolet Volt and the Ford Fusion Energi, which offer extended range. The City will replace 100 vehicles by the end of this year and 425 vehicles by the beginning of 2016.
The buses range in size from the 30-foot BYD K7M to the articulated 60-foot K11M. The variety of BYD buses will allow ATN to efficiently service a range of routes in the Anaheim Resort. One-half of the order will be the popular 40-foot BYD K9M.
Together with the Business Unit Chemical and Process Technologies, thyssenkrupp in Dortmund is able to supply the entire range of green chemicals, from hydrogen to ammonia, methanol and synthetic natural gas, thus contributing significantly to a climate-neutral industry.
For Mustang Mach-E owners with the extended-range battery, the 250 kWh of fast-charging energy is equal to more than three fill-ups. For standard-range battery models, the 250 kilowatt-hours of fast charging energy is equal to more than five fill-ups.
for electric vehicle financing. India’s leading non-banking finance company for electric vehicle financing. Akihiro Ueda, CEO, Terra Motors said, “This partnership between Pooja Finelease and Terra Motors will give access to a larger audience and will take care of our North, East and North-Eastern region financing.
Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. For the latest electric vehicles news, follow electricvehicles.
Tesla has started promoting a 1.99% APR financing offer for the Model 3 and Model Y in the United States. As could be seen in the Model 3’s order page , the 1.99% APR financing offer is available for the Model 3 Long Range Rear Wheel Drive (RWD), Model 3 Long Range All Wheel Drive (AWD), and the Model 3 Performance.
Rare Earth Oxide (REO) and Solvay will return separated oxides of praseodymium (Pr), neodymium (Nd), europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), lutetium (Lu) and yttrium (Y) ranging in purity from 99.5% The Tolling Agreement also provides Solvay with the opportunity to purchase selected REO from Avalon.
Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). However, they can be relatively inconvenient for long-range driving, depending on the vehicle design.
To negotiate the best price at a car dealership, do your homework: research the cars invoice price, get pre-approved for financing and avoid focusing on monthly payments. Research the Car Thoroughly Learn about the vehicles trim levels, features, market value and common price ranges. Heres how to come prepared: 1.
The all-electric SUV will come standard with a range target of approximately 250 to 300 miles, depending on driving conditions, enabled by an approx. The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker Inc. 80 kWh lithium-ion battery pack.
To stimulate the adoption of EVs the Estonian government has bought 507 Mitsubishi IMiEV electric vehicles for its own fleet and offers substantial incentives on the purchase price of an EV for consumers. Earlier post.). ABB won the original tender together with its partners G4S and NOW!
The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. With the latest round of financing secured, Sila Nano has begun ramping up production volume and plans to supply its first commercial customers in consumer electronics within the next year.
Mercedes-Benz Bank offers private and business customers financing and leasing options for the EQS, including a subscription scheme. The package also includes additional DIGITAL LIGHT animations for opening and closing (12 months’ use included in the purchase price, after which it can be extended via Mercedes me for €89).
Many consumers are unfamiliar with electric vehicles and their performance, while at the same time they may harbor common misperceptions about vehicle types, safety, range, impact on their electricity bills, and other facets of electric vehicle ownership. Lack of appeal to a broader market.
Proterra Inc has been selected by the Washington State Department of Enterprise Services as a vendor to supply zero-emission battery-electric transit buses and charging infrastructure under the state’s regional Cooperative Purchasing Contract.
Under the terms of the 15-year master off-take agreement, Vinmar has committed to purchase 100% of the BDO produced in a 100,000-ton-per-year capacity plant that BioAmber plans to build in North America and commission in 2017. To date, BioAmber has validated the high quality of its bio-based BDO with more than 20 purchasers of petroleum BDO.
Supported projects range from consumer rebates for clean cars to incentives for cleaner trucks, and mobility options. The plan is by far the largest annual investment in clean transportation incentives to date—more than double the amount of the largest past investment. Over half of the $1.5
If they dont manufacture cleaner vehicles, they can meet the standards by purchasing credits from manufacturers who do. To put it into perspective, we can look back 10 years when nearly all EV models had a range of less than 100 miles. Today, the average range of many EV models is now over 300 miles.
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