Green Car Congress
DECEMBER 31, 2020
an emerging EV manufacturer, has executed a non-binding Letter of Intent with Unlimited Electrical Contractors Corp (UEC) to enter definitive agreements for the purchase of up to 10,000 MX-05 electric vehicles. The initial purchase order is estimated at $75 million. Mullen Technologies Inc., Earlier post.)
Green Car Congress
MARCH 9, 2023
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.
Green Car Congress
MAY 15, 2023
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.
Green Car Congress
MAY 4, 2021
Ford is opening an E-Transit registration site today for commercial customers ahead of order banks opening by July. To date, more than 450 commercial customers in North America, including 200 top fleets and fleet management companies, have said they’re interested in purchasing the E-Transit.
Green Car Congress
NOVEMBER 10, 2020
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.
Green Car Congress
MAY 25, 2021
Ford unveiled the all-electric 2022 F-150 Lightning Pro, a version of the electric F-150 Lightning ( earlier post ) targeted at commercial customers. More than 145 million miles of telematics data show that for the average F-150 commercial customer in the US, 95% of their daily travel is less than 174 miles.
Green Car Congress
FEBRUARY 18, 2022
Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas.
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