Remove Connect Remove Financing Remove Global Remove Purchase
article thumbnail

Michigan, Cavnue to create corridor for connected and autonomous vehicles between Ann Arbor and Detroit

Green Car Congress

Michigan Governor Gretchen Whitmer announced an initiative to develop a first-of-its-kind corridor for connected and autonomous vehicles (CAV) designed to improve transportation for communities in Southeast Michigan. This includes leading test tracks, universities, automotive companies, and key economic anchors.

Michigan 221
article thumbnail

Ford launches new global battery center of excellence

Green Car Congress

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. In North America, the Ford Mustang Mach-E already has found early sales success.

Ford 334
article thumbnail

EV charging network builder Volta announces $125M in Series D funding

Green Car Congress

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.

Charging 417
article thumbnail

Ford CEO: Ford to focus on 5 key areas of innovation: mobility, autonomy, connectivity, customer experience and performance

Green Car Congress

The global automotive industry is staged to experience $1 trillion of revenue growth over the next five years, Field said: from about $2 trillion today to about $3 trillion by the end of the decade. Our vision for connectivity, it’s all about helping people stay connected. That’s a tremendous amount of growth. Earlier post.).

Ford 268
article thumbnail

Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022. This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money. Premium Connectivity.

article thumbnail

ALTe Powertrain Technologies pledges Clinton Global Initiative “Commitment to Action” to facilitate electrification of fleets

Green Car Congress

ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.

Fleet 236
article thumbnail

AlphaStruxure and Montgomery County, Maryland, announce integrated microgrid and electric bus charging infrastructure project; EaaS

Green Car Congress

AlphaStruxure is a joint venture between the Carlyle Global Infrastructure Opportunity Fund and Schneider Electric. AlphaStruxure will design, build, finance, own and operate the project to enable Ride On’s growing electric bus fleet. Mortenson will provide construction services and Arup will serve as engineer of record.

Maryland 381