Remove Commercial Remove Companies Remove Market
article thumbnail

Blue Bird enters commercial vehicle market with flexible Class 5-6 EV chassis

Green Car Congress

The company is building on its nearly century-long expertise of school bus manufacturing to expand its zero-emission transportation solutions to the commercial vehicle market. Lightning eMotors drew from its broad EV experience based on nearly 250 zero-emission electric commercial vehicles in operation and more than 1.5

article thumbnail

DOE awarding $46M to 8 companies to support commercial fusion energy development

Green Car Congress

The US Department of Energy (DOE) announced $46 million in funding ( DE-FOA-0002809 ) to eight companies advancing designs and research and development for fusion power plants. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant. ST40 also achieved the highest triple product by a private company.

Fusion 305
article thumbnail

Toyota, 5 Chinese companies establish R&D JV for commercial vehicle fuel cell systems in China

Green Car Congress

FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China. Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies.

Chinese 405
article thumbnail

Mullen announces $15.8M vehicle purchase agreement with MGT Lease Company for 250 Class 3 commercial EV trucks

Green Car Congress

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.

Purchase 259
article thumbnail

Leclanché and Medha partner on high-energy battery packs for railroad and commercial vehicle markets

Green Car Congress

Medha Group, a supplier of vehicle traction systems and related electronics based in Hyderabad, India, and Leclanché SA, a provider of energy storage solutions, have agreed to market their technologies jointly in the railroad and commercial truck markets. The collaboration covers the European, Middle Eastern and African markets.

article thumbnail

Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

Green Car Congress

Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. Hystar’s patented technology is targeting hard-to-abate sectors at scale, such as steel, ammonia, and heavy-duty transportation.

article thumbnail

Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

Green Car Congress

The net proceeds from the investment will allow SEA Electric to solidify its position in the electrification of commercial vehicles while funding its backlog and facilitating more pilot programs with operators. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023. SEA Electric Holdings Pty Ltd.