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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

A new generation of solutions will be needed to electrify America’s fleet and achieve a zero-emissions future by 2050. The summation of these barriers represents the Total Cost of Electrification (TCE), a new analytical framework that expands upon traditional analyses associated with fleet investment. —“Financing the Transition”.

Financing 221
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PECO Expanding Fleet with NGVs & PHEVs

Green Car Congress

PECO is expanding its fleet with new natural gas and hybrid electric models. The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well.

PHEV 186
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Ryder Awarded First-of-Its-Kind Natural Gas Heavy Duty Truck Rental and Leasing Project Using $19.3M in Stimulus Funding

Green Car Congress

as its fleet partner in a groundbreaking heavy-duty natural gas truck rental and leasing project in Southern California. As part of the project, Ryder will purchase more than 200 heavy-duty natural gas powered trucks. The San Bernardino Associated Governments (SANBAG) Board has selected Ryder System, Inc. Ryder will use $19.3

Stimulus 186
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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

Green Car Congress

As part of the action plan, the sector calls for coordinated vehicle renewal schemes for all vehicle types and categories across the EU. This is intended to boost private and business demand, support economic recovery across the board as well as accelerate the rejuvenation of the vehicle fleet on Europe’s roads.

Renewable 207
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Eaton to Support Project to Develop and Deploy Medium-Duty Plug-in Hybrid Systems; Stimulus Funding to Support Largest Commercial PHEV Demonstration to Date

Green Car Congress

million grant to develop a fully integrated, production plug-in hybrid system for Class 2 – 5 vehicles (8,501 – 19,500 lbs gross vehicle weight), and the accompanying demonstration of a fleet of 378 plug-in hybrid trucks and shuttle buses. The funding is part of the recently announced $2.4 Earlier post.)

Eaton 150
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First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

Green Car Congress

The two promotional initiatives are part of the German federal government’s second economic stimulus package. Power supply is via charging stations at fleet depots. This enables the Vito E-CELL to keep pace with the flow of truck traffic on the autobahn. The vehicle accelerates quickly from 0 to 50/80 km/h (31/50 mph) in 6.5/11

Mercedes 231