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Israel’s Ministry of Environmental Protection has set a target for purchasing zero-emissions city buses for public transportation operators in Israel— starting in 2026, all buses purchased will be electric. Dan electric buses.
This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.
Nel Hydrogen Electrolyser AS, a division of Nel ASA, has received a purchase order for a 20MW alkaline water electrolyzer from Ovako , a leading European manufacturer of engineering steel. The purchase order has a contract value of approximately €11 million with equipment delivery in late 2022. —Jon André Løkke, CEO at Nel.
received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies. Workhorse Group Inc. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA.
Audi of America is offering qualified customers who purchase or lease a 2021 Audi e-tron or e-tron Sportback a subscription to Arcadia at no additional charge for up to five years. Arcadia connects renters and homeowners across the US to wind and solar energy through utility data and billing technology. 2021 Audi e-tron.
announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. From 2024 through 2030, Honda will purchase 123 GWh of CATL’s batteries for pure electric vehicles in China, which will be produced in CATL’s production base in Yichun, east China’s Jiangxi Province.
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. The first eCascadia delivery is expected to arrive at Sysco’s Riverside, California site later this year.
Initial purchase orders, valued at an aggregate of $9.1 Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy. Based on Casterra’s analysis, the purchase orders reported can support the production of approximately 1.5% Casterra Ag Ltd. ,
Mullen Automotive, an emerging EV manufacturer, announced the signing of a vehicle purchase agreement with MGT Lease Company, a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks. The contract is valued at $15,755,000.
In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.
The automotive market has felt out of whack for quite some time. But consumers are tapped out and starting to notice theyre arguably getting less vehicle for their money than they used to and there is a wealth of data suggesting that the market is sincerely starting to struggle. According to Cox Automotive, the number of U.S.
However, the study reveals there has been an increase in interest in the US and Chinese markets. Globally, vehicle owners and those considering purchasing BEV agree the top benefits of going electric are improving the environment, adding convenience and reducing ownership costs. Source: Ipsos.
Orange EV is bringing to the rental market what we've long-since delivered to purchasers: a lower total cost, more reliable yard truck to replace diesels that continually plague operators with excessive maintenance, downtime, and expenses from costly diesel fuel, finicky emissions control systems, and more.
Shanghai Metals Market data pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. Source: Trading Economics. Earlier post.). Source: Trading Economics. Source: Statista.
Capital Metro in Austin, Texas has approved a plan to purchase 26 40-foot Proterra ZX5 Max electric transit buses, featuring a total of more than 17 megawatt hours of battery storage capacity. The new purchase agreement is Capital Metro’s third and largest procurement of Proterra battery-electric transit buses.
After the test drive, the city plans to purchase such vehicles to service routes with high passenger traffic. Today the city is focused on eco-friendly alternatives and is keeping up with worldwide electric vehicle market trends. Testing of the the first Russian-made articulated electric bus has begun in Moscow. Earlier post.).
VIA Motors, a provider of electric drive technology and sustainable mobility solutions for a wide variety of Class 2 – 5 electric commercial vehicles applications, has received a purchase order for 2,000 Class 3 VIA electric cutaway chassis cabs from Pegasus Specialty Vehicles.
The percentage of shoppers who say they are “very likely” to consider an EV for their next purchase or lease climbs to 24%, four percentage points higher than a year ago. Perhaps most tellingly, 34% of those who indicate they are unlikely to consider purchasing an EV say they lack access to any charging capabilities at home or work.
There are also plans to purchase another 200 electric buses from GAZ Group, said Maksim Liksutov, the Deputy Mayor of Moscow for Transport. The new purchases will double that number. This is the largest purchase of this type of transport in Europe. The city of Moscow has signed a contract for 1,000 electric buses from KAMAZ.
The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. This means that hydrogen or hydrogen derivatives are bought cheaply on the world market and sold at the highest bid in the EU. The contracts are processed via the intermediary HINT.CO.
As recently reported, PHEV sales in China are growing at an astounding rate, driving new energy vehicle (NEV) market share above 53% in the largest car market. At the same time, changes to China’s purchase. New PHEVs are being introduced, as well as new batteries designed specifically for these applications. Here’s Why.
a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is purchasing a 39% stake in Oberon Fuels, a San Diego, CA-based development-stage producer of low-carbon, renewable dimethyl ether (rDME) transportation fuel. Suburban Propane Partners, L.P.,
Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. Further, price and associated market responses such as production, capacity, and demand tended to extend beyond the disruption period.
Nikola has recently signed purchase orders with Chart for multiple liquid hydrogen storage tanks, mobile and modular refueling stations, and liquid hydrogen transport trailers to meet Nikola’s needs for deploying the Nikola Tre hydrogen electric vehicles to support key customers and advance the efforts to decarbonize the transport sector.
The portfolio of digital services and on-demand features in the Mercedes me Store is constantly expanding, offering customers the opportunity to personalize their vehicles further even after the purchase. Mercedes-Benz plans to launch Mercedes pay+ in other European markets in 2023.
The report provides insight on ZET market trends as the industry prepares for an injection of federal funding for charging infrastructure, multiple states implement clean truck regulations, and California prepares to release an additional $873 million in purchase incentives for commercial vehicles and infrastructure.
The agreement was for an initial five-year term on a fixed-price binding purchase commitment from the delivery of first product, and represented approximately one-third of Piedmont’s planned SC6 production of 160,000 tonnes per annum for the initial five-year term as well as an additional quantity to be delivered at Tesla’s option.
ICIS assessment data from 4 April shows that renewable hydrogen produced using a 10-year renewable power purchase agreement (PPA) starting in 2026 in the Netherlands would cost €4.58/kg Market development. By utilizing a fixed premium, there is no need for a market reference price, the document outlined. 1/kg hydrogen.
To support the new vehicle technology, FedEx is installing charging infrastructure across its Canadian facilities, including the 80 charging stations the company has already installed in the three EV launch markets. The company plans for 50% of its global PUD vehicle purchases to be electric by 2025, rising to 100% of purchases by 2030.
A suggestive market-wide simulation extrapolation indicates that if every gasoline vehicle had a BEV option in 2030, the majority of new car and near-majority of new sport-utility vehicle choice shares could be electric in that year due to projected technology improvements alone. —Forsythe et al.
Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging. This market is expected to reach US$2 billion by 2028 in Europe and North America alone, according to Siemens’ calculations.
Tesla was certainly the right launch partner for Autonomy given their dominance in the electric vehicle market today. Production Forecasts: Vehicle will be available to purchase before the end of 2023. The 23,000-unit order represents 1.2% Following are the primary selection criteria for the order: MSRP Range: $26,595 to $122,440.
The guide is available through an online account or in hard copy and can be purchased by contacting the SEMI Taiwan representatives listed on the SEMI Auto IC Master webpage. —Terry Tsao, Global Chief Marketing Officer at SEMI and president of SEMI Taiwan. —John Hsuan, Honorary Vice Chairman of United Microelectronics Corp.
Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn).
Last year, a total of 846,237 BMW Group vehicles were delivered to customers in the Chinese market (+8.9% The BMW Group will use the additional capacity to manufacture models for the Chinese market locally, which are also being produced in other plants. Payment of the purchase price is expected to be completed by 22 February.
This partnership in the urban air mobility industry will leverage each company’s respective strengths and competencies to bring the Midnight aircraft to market. Stellantis also intends to increase its strategic shareholding through future purchases of Archer stock in the open market.
As we are witnessing in the passenger EV market, higher sales volumes are translating into lower prices. Lightning Energy offers a full range of purchased or leased charging stations and, optionally, full charging as a service (CaaS). Improved range and payload capacity from higher energy density battery solutions.
Honda plans to introduce these models to the North American market as model year 2024 vehicles, one from Honda brand and the other from the Acura brand. These EV models will first be introduced to the North American market, and then to other regions of the world.
The transport carrier in the Czech city of Ústí nad Labem and Solaris Bus & Coach have signed a framework agreement for the purchase of zero-emission Urbino 12 hydrogen buses. Once the vehicles have been ordered, they are to be delivered within 420 days of the purchase contract being signed.
The first 130 electric Volvo FH and Volvo FM trucks will be delivered to markets including France, Germany, Switzerland and the UK during the fourth quarter of 2023 and throughout 2024. The agreement is a result of a wider partnership between Holcim and Volvo Group.
By contrast, in Canada, a majority (66%) say they are either “very unlikely” or “somewhat unlikely” to consider an EV for their next vehicle purchase. It is followed by purchase price (59%) and lack of charging station availability (55%). Power Canada Electric Vehicle Consideration (EVC) Study.
HES and its affiliates intend to purchase 500 BEVs for fleet implementation between 2022 and 2025, with the ultimate goal of electrifying up to 2,000 trucks over time. Romeo Power’s core product offering is focused on the battery electric vehicle medium-duty, short-haul and heavy-duty, long-haul trucking markets.
Plug’s hydrogen liquefaction system has one of the most energy-efficient and cost-effective designs on the market, utilizing hydrogen as the refrigerant in the main liquefaction cycle.
Power, EV adoption in the US is growing increasingly divided, with the most active states for EV adoption already on the path to parity with internal combustion engine (ICE) vehicles and consumers steadily pulling back on EV purchases in the least-active states. of the total new-vehicle retail market. Methodology.
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