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XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. Fleet electrification as a whole is still in the early stages of development, and there is tremendous untapped opportunity in the years and decades ahead.
Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. —Sara Forni, director of clean vehicles at Ceres. Charging Location Flexibility.
Unit 5 of China’s Fuqing Nuclear Power Plant, the first project to adopt China’s indigenous Generation III nuclear power technology Hualong One (HPR 1000), has been put into commercial operation, China National Nuclear Corporation (CNNC) announced. million tons of standard coal and emission of 8.16
The study predicts that this growth will be strongest within the commercial segment, with commercial electric vehicle battery pack shipments growing from 1.4 Mass electrification of fleet vehicles is required for meeting corporate decarbonisation goals and will drive investment into electric vehicles from enterprises.
XL Fleet, a leading provider of vehicle electrification solutions for commercial and municipal fleets, has entered into a partnership with a commercial EVSE (electric vehicle supply equipment) supplier to begin the launch of its XL Grid division. —Tod Hynes, Founder and Chief Strategy Officer of XL Fleet.
Mitsubishi Fuso Truck and Bus Corporation (MFTBC), part of Daimler Trucks, celebrated the global launch of the FUSO eCanter ( earlier post ) in New York City. FUSO also announced the company’s first US commercial partner for the eCanter: UPS will place three of the new electric trucks into its fleet. Seven-Eleven Co.,
ElectraMeccanica , a designer and assembler of electric vehicles, and Tevva , a manufacturer of electric medium- and heavy-duty commercial vehicles, have entered into a definitive agreement, pursuant to which ElectraMeccanica and Tevva have agreed to combine by way of a British Columbia statutory plan of arrangement.
Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina.
ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercialfleets. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations.
Hermeus Corporation, an aerospace start-up developing Mach 5 commercial aircraft, has won a $1.5-million The effort is focused on rapidly assessing modifications to Hermeus Mach 5 aircraft to support the Presidential and Executive Airlift fleet.
Avfuel Corporation, via Avfuel Technology Initiatives Corporation (ATIC), will collaborate with General Aviation Modifications, Inc., ( GAMI ), on the commercialization of the engineering company’s high-octane unleaded avgas, G100UL. ATIC has working with GAMI for years on the development of G100UL.
This new order brings the number of Motiv-powered EVs in the Cintas fleet to 37 vehicles driving daily routes nationwide across Michigan, New York, and California. Cintas operates one of the largest corporatefleets in North America with almost 14,000 commercial vehicles deployed throughout the United States and Canada.
Panasonic Holdings Corporation and Marubeni Corporation will establish a joint venture for the purpose of providing fleet management services for commercial electric vehicles. Panasonic HD and Marubeni aim to provide integrated support for the introduction and operations of EVs to large fleet operators.
Exelon Corporation today announced that its six electric and gas utilities will continue advancing transportation electrification to benefit customers and communities by taking major steps to electrify its fleet of vehicles. Exelon’s utilities have a combined fleet of more than 7,200 vehicles.
a developer of hybrid electric powertrain conversion technology for commercial and municipal fleets, announced that fleet customers employing the XL3 hybrid electric system ( earlier post ) in their service, delivery and cargo fleets have driven a combined total of one million miles within the first six months of commercial production.
Proterra announced the Delaware Transit Corporation (DTC), operator of DART transit services, as its first customer to operate Proterra’s new fully-integrated fleet and energy management software platform, Valence.
Range Resources Corporation announced that its vehicle fleet is now being largely fueled by compressed natural gas (CNG). Range now has approximately 184 CNG vehicles in its corporatefleet, with 100 serving its growing southwestern Pennsylvania operations.
As the letter notes, such standards will be critical to accelerate a rapid transition to electric vehicles, and will be particularly important for companies that operate large fleets. Corporate EV Alliance members represent a wide variety of industries and operate under diverse use cases. — Corporate EV Alliance letter.
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercialfleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.
XL Fleet announced that Farmbro Inc., an Ontario-based upfitting solutions service provider specializing in commercial and work vehicles, expects to double its sales volume from approximately 1,000 XL unit installations in 2020 to more than 2,000 in 2021 to meet the increasing demand for fleet electrification in Canada.
Motiv Power Systems has launched its next-generation electric trucks for medium-duty fleets. million miles with fleets across North America. This means that fleets can drive the full range with a max rated payload, opening the door to electrification for companies with large payload requirements such as linens and office supplies.
signed a strategic business alliance agreement with a focus on collaborating in the development of commercial battery-electric vehicles (BEVs). The two companies will accelerate the development of commercial BEVs to provide the best-fit product for customers in a timely manner. BYD Company Ltd. and Hino Motors, Ltd. Earlier post.).
Europe’s leading land transport provider is thus strengthening its sustainability strategy and further expanding the use of electric vehicles in its mixed fleets. With these latest vehicles, DB Schenker will become FUSO’s largest electric fleet customer with a total of 41 eCanter vehicles in daily operations.
May Mobility will manage a fleet of autonomous, shared vehicles that will operate along a three-mile fixed-route loop with nine designated stops to service the live, work and play districts of downtown Fishers.
School bus manufacturer Blue Bird Corporation has seen a surge in demand for their 100% electric school buses since their introduction in 2018. Phil Horlock, president and CEO of Blue Bird Corporation, said the company expects to have close to 300 electric buses on the road by year-end. —Phil Horlock.
Hyundai Motor Company and Kia Motors Corporation today made a strategic investment of €100 million (US $110 million) in a new partnership with Arrival , a UK-based electric vehicle startup ( earlier post ). With the rapid global growth in online shopping, the volume of light commercial vehicles in urban areas has increased.
To help accelerate fleet vehicle electrification efforts, a number of state and federal level funding programs are available across North America to help offset the cost significantly. The Lightning ZEV4 is capable of Level 2 AC and 80kW DC fast charging. Federally, the United States’ passing of the $1.2-trillion
Light duty vehicle fleet by type and average fuel efficiency. Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. Source: ExxonMobil Outlook.
Westinghouse Electric Company, Front-End Engineering Designs and Investigative Studies for Integrating Commercial Electrolysis Hydrogen Production with Selected Light-Water Reactors. 3M Company will develop an isotope recovery process to enable commercial deployment of molten salt reactors.
Sysco Corporation, the world’s largest food distributor, unveiled its vision for the Riverside Electric Vehicle Hub, which will transform the company’s distribution center into the focal point of its electrified fleet. and add 2,800 electric trucks to its US fleet by 2030. and add 2,800 electric trucks to its US fleet by 2030.
US-based ALTe Powertrain Technologies, the developer of a range-extended plug-in electric hybrid powertrain for light commercial vehicles ( earlier post ), has entered into a Joint Venture agreement in China with MESA Century New Energy Technology, Inc. A total of US$200 million has been committed to the JV at this stage.
Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus. In September 2019, Hyundai and Cummins Inc.
Suzuki Motor, Daihatsu Motor, Toyota Motor, and Commercial Japan Partnership Technologies Corporation (CJPT) have agreed to work towards the market introduction of mini-commercial van electric vehicles (BEVs) in FY2023.
SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. The collaboration will continue scaling across the entire fleet over a three year period.
The Edison Electric Institute (EEI) released a white paper, “ Transportation Electrification: Utility Fleets Leading the Charge ,” that focuses on the electric power industry’s effort to accelerate the expansion of electric transportation in commercial and retail markets, beginning with electric utility fleets. Source: EEI.
Blue Bird Corporation will offer a factory-certified electric repower program on select gasoline- and propane-powered Blue Bird school buses. Blue Bird customers can future-proof their school bus fleet by purchasing gasoline- or propane-powered vehicles and converting them easily and cost-effectively to zero-emission, electric buses later.
Electrifying your commercialfleet is a tricky thing. Heck you you even want to help corporate meet their ESG goals but where do you start? MAN Trucks is here to help fleet managers get answers. Sure, you want to cut your fuel costs. You want to reduce your operating variables.
Lastly, Eaton will begin offering a remanufactured battery in July that will provide fleets with an aftermarket battery option at an affordable cost. This increased torque capacity results in greater vehicle performance for heavier applications, including select tandem axle configurations.
The fuel cell system’s durability as well as the vehicle’s overall fuel efficiency has been improved to better stay in tune with the demands of commercialfleet customers. Hyundai is carefully reviewing multiple options to introduce its fuel cell technology to corporate and government customers in China.
Penske will focus its attention on helping to promote electric vehicle charging standards for commercial vehicles in North America by participating with the group’s “High Power Charging for Commercial Vehicles Task Force” (HPCCV Task Force). Penske Truck Leasing is the first in its industry to join the CharIN organization. CharIN e.V)
The research project, called “H2 SilverSTARS,” will produce renewable hydrogen to fuel SunLine’s fleet of 17 hydrogen fuel cell electric buses and support further expansion. While Linde’s system is already commercially available and being used abroad, its use at SunLine's fueling station will be the first time it is deployed in North America.
Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. —Roman Cornell, president and chief commercial officer of ABC Companies.
This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation. million Series A funding round at the same time, accelerating its 600kW development program scheduled for commercial entry in 2024.
Personal cars and taxi fleets in China are now adopting this technology as well with ambitious targets set by companies for rolling out their own swap station networks. Commercialfleets. The high utilization of commercialfleets in this segment means that swapping can directly boost revenue.
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