article thumbnail

Penske orders 750 Ford E-Transit cargo vans for rental and leasing fleet

Green Car Congress

These are the first light-duty electric trucks to be made available in Penske’s rental and leasing fleet, as previously announced. Penske Truck Leasing operates more than 372,000 vehicles and serves customers from more than 1,300 locations in North America, South America, Europe, Australia and Asia.

Ford 320
article thumbnail

Foton Motor and motorcycle leader Piaggio Group partner on development of light commercial vehicles; EVs to come

Green Car Congress

Foton Motor and Piaggio Group signed the agreement for a joint development project for new light-duty commercial vehicle products in Italy. Since 2016, Foton Motor and Piaggio Group have signed a Memorandum of Understanding and a Framework Agreement in succession. Piaggio Porter.

article thumbnail

Cenntro introduces two new electric vans at IAA Transportation

Green Car Congress

The first deliveries of the all-electric commercial vehicle are planned for the first quarter of 2023 in Europe, followed by market launches in Asia, the Caribbean and South America. The LS260 is currently undergoing homologation tests in the EU.

article thumbnail

Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

Green Car Congress

In an infrastructure-light country like India, automotive OEMs are embracing solutions such as battery swapping to further reduce the upfront cost of EVs to increase access and accelerate the nation’s clean energy transition.

Auto 243
article thumbnail

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. North America. North America continues to be an impetus to global light vehicle demand levels. South America.

2015 150
article thumbnail

BYD plans to launch Tesla Cybertruck competitor in 2024

Teslarati

The Chinese automaker does have a presence in South America, which might be a good market for its electric pickup truck. China classifies pickup trucks, like the Tesla Cybertruck, as light trucks. China also sets a speed limit of 100 kph (62 mph) for light pickup trucks.

BYD 84
article thumbnail

PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

Green Car Congress

Global light vehicle assembly will reach 81.8 This will bring the region in sync with the recent recoveries in North America and Eastern Europe and the continued growth in developing Asia-Pacific and South America, according to the consultancy. South America. million units in 2013, representing a 3.3%

2013 220