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Uber and BYD partner to deploy 100,000 EVs in EU and Latin America

Electric Cars Report

BYD, the world’s leading manufacturer of new energy vehicles and power batteries, announced a multi-year strategic partnership with Uber, designed to bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets.

BYD 113
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Fisker completes $50M financing; Huhnke named CTO

Green Car Congress

recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. Cowen acted as the company’s sole advisor and placement agent on the financing. Fisker Inc. Fisker also named Burkhard Huhnke as chief technology officer (CTO) of Fisker Inc.

Fisker 186
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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Workhorse enters into strategic agreements with Hitachi and Hitachi Capital America

Green Car Congress

a US-based technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, announced newly-formed strategic agreements with both Hitachi America, Ltd. and Hitachi Capital America Corp. Workhorse Group Inc., —Workhorse CEO Duane Hughes.

America 210
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Electrify America to invest $3M in California to drive zero emission vehicle awareness and education in low-income and disadvantaged communities

Green Car Congress

Electrify America announced a nearly $3-million additional investment to support four community-based organization awardees promoting Zero Emission Vehicles (ZEV) education and awareness in low-income and disadvantaged communities throughout California.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Volta trucks to enter US market with Class 7 electric truck in LA by end of next year

Green Car Congress

Volta Trucks has outlined its strategic roadmap for its entry into the North American market. The introduction of Volta Trucks’ 100% battery electric commercial vehicles into North America will be led in 2023 by a Volta Zero Class 7 truck which is equivalent to the existing European 16-ton truck, with a dry or refrigerated cargo box.