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Optimal Electric Vehicles secures initial order for 200 EV chassis; partnership with Olathe Ford

Green Car Congress

Optimal Electric Vehicles and Olathe Ford, one of the nation’s largest Ford Commercial Vehicle Centers (CVCs), announced a new partnership in the sales and distribution of Optimal-EV’s E1 series battery-electric cutaway chassis platform. The vehicle can fully charge in about two hours with optional DC fast charging.

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Volvo Group to acquires 45% of Dongfeng Commercial Vehicles for $900M; Volvo to become world’s largest manufacturer of heavy-duty trucks

Green Car Congress

AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV), which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. The purchase price is RMB 5.6

Volvo 294
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Delaware adopting California’s ZEV regulations

Green Car Congress

Delaware will join 13 other states in adopting California’s Zero Emission Vehicle (ZEV) regulations. Implementation of the ZEV regulations would not take place until model year 2027 (2026) to provide manufacturers time to adjust their inventories and prepare dealerships. DNREC Secretary Shawn M. In November, DNREC also announced a $1.4

Delaware 284
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Hertz continues to feel EV losses, plans to dump more from its fleet

Teslarati

Hertz ( NASDAQ: HTZ ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to dump even more EVs from its fleet. Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale.

Fleet 143
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Ballard closes transaction with Broad-Ocean for fuel-cell system manufacture & sales in China

Green Car Congress

In each of the three assembly operation locations, Broad-Ocean plans to engage with local governments as well as with bus and commercial vehicle OEMs for deployment of fuel cell buses and commercial vehicles incorporating Ballard-designed modules manufactured by Broad-Ocean.

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CARB approves updated regulations requiring most new small off-road engines be zero emission by 2024

Green Car Congress

The California Air Resources Board approved a measure that will require most newly manufactured small off-road engines (SORE) such as those found in leaf blowers, lawn mowers and other equipment be zero emission starting in 2024. Older models on store shelves can also be purchased even if they are gasoline-powered.

Emissions 305
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units.

Europe 261