This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
making it the largest electric pizza delivery fleet in the country. Electric fleet vehicles also provide more opportunity to attract delivery drivers who don’t have a car of their own. Domino’s is rolling out more than 800 custom-branded 2023 Chevy Bolt electric vehicles at select stores throughout the U.S.,
million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. The company’s fleet of zero-emission, electric transit buses have displaced more than 140 million pounds of CO 2 tailpipe emissions.
Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.
The California Air Resources Board will launch a new pilot program that aims to help small trucking fleets make the transition to zero-emission technologies. The Innovative Small e-Fleet pilot will focus on privately owned and nonprofit trucking fleets with 20 or fewer trucks and less than $15 million in annual revenue.
Gridtractor has launched from stealth to develop charging technology, fleet electrification, and energy management services for electric tractors and heavy farm equipment. Gridtractor will help farmers integrate electric charging and vehicle to grid (V2G) into their operations to strengthen the power grid with its smart energy platform.
a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Going forward, our primary goal for both current and future capital initiatives is to leverage the best available financing solutions that will provide liquidity and favorable economics.
The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction.
The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The Indy fleet would be the largest municipal fleet of electrified vehicles in the US. million over ten years.
The ATN fleet order will increase the number of BYD electric buses the agency can deploy to serve one of the nation’s busiest tourism and employment regions. These new buses will provide ATN a 57 percent zero-emission fleet by 2020. The Anaheim Transportation Network has awarded an order for 40 battery-electric buses to BYD.
Proterra Inc and Miami-Dade County announced a major fleet electrification project with the County acquiring 42 Proterra ZX5+ electric transit buses, featuring a total of 19 MWh of battery storage capacity, along with plans to install 75 Proterra chargers across three bus depots. The first electric buses are slated to be delivered in 2022.
Pioneering methods to accelerate electric fleet adoption, AMPLY Power will demonstrate and document its Charging-as-a-Service approach for an all-electric school bus fleet in New York City. As the electric utility account holder for its fleet customers, AMPLY Power provides comprehensive end-to-end services to fleet operators.
Apex Clean Energy has ordered 19 electrified Ford F-series pickup trucks from XL Fleet, including ten plug-in hybrid electric and nine hybrid electric systems for pickups in its service fleet, for delivery in the second quarter of 2021.
Proterra launched Proterra Energy fleet solutions , a full suite of options that enable turnkey delivery of a complete energy ecosystem for heavy-duty electric fleets, including design, build, financing, operations, maintenance and energy optimization. —Proterra CEO Ryan Popple.
XL Fleet Corp. Under the terms of the agreement, XL Fleet will supply battery and power electronics systems for the first 1,000 units of eNow’s new electrified refrigerated trailer solutions. XL Fleet will provide battery and power electronics systems for eNow’s innovative electrified refrigerated trailer solution.
The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. In this respect, it’s very encouraging to see so much investor interest in helping us electrify our fleet and deliver on our climate ambitions.
Park City Transit has deployed Utah’s first zero-emission, battery-electric mass transit fleet, which will include six Proterra Catalyst FC+ buses. buy the bus, lease the battery. Proterra is responsible for the performance of the batteries through the life of the lease, removing operator risk.
NFI, one of the US’ oldest and largest third-party supply chain solutions providers, is expanding its fleet of Class 8 battery-electric trucks (BETs) in Southern California as part of the Joint Electric Truck Scaling Initiative ( JETSI ) project. million), MSRC ($8 million), and South Coast AQMD ($5.4 million), with an additional $21.7
AMPLY expects savings to increase as Tri Delta Transit expands its electric bus fleet in the future. Fleet operators work on a very rigorous timeline and must adhere to a strict operational dance to ensure their vehicles run on-schedule. As we expand our EV fleet, we look forward to working with AMPLY to realize even greater savings.
Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.
Element Fleet Management Corp., the world’s largest pure-play automotive fleet manager, will offer sales, financing solutions and vehicle management services throughout the vehicle lifecycle to EVV fleet operators. Club Car will provide sales and service support for the vehicles to Element and its Clients.
AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. PIDE Canopy Mount.
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 commercial fleets. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations.
The Showroom includes the State EV Policy Dashboard; EV Roadmap Roundup; EV Funding and Financing Guide; EV Tools and Calculators Clearinghouse; AchiEVe Toolkit; Freight Electrification Report; and ZEV State Scorecard. The State EV Policy Dashboard displays the status of 10 leading state EV policy strategies, updated monthly.
This innovative potential partnership leverages state-of-the-art BYD and Nuvve technologies and will provide access to Stonepeak’s financing, which will lower the cost of medium- and heavy-duty battery electric vehicle adoption for fleets of all types including mass transit, municipalities, last mile delivery and school districts.
Proterra charging systems utilize standard J1772-CCS plug-in and SAE J3105 overhead pantograph technology, which enables fleet operators to charge a variety of heavy-duty and light-duty electric vehicles with the same chargers. Proterra chargers are also vehicle-to-grid capable and smart-grid ready.
XL Fleet Corp., a provider of fleet electrification solutions for commercial and municipal fleets, has acquired World Energy Efficiency Services, LLC (WEES) for total cash and stock consideration of approximately $16 million. —Dimitri Kazarinoff, CEO of XL Fleet.
The fleet of EVs on the road hits 77 million by 2025 and 229 million by 2030, based on BNEF’s Economic Transition Scenario. Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. million sold in 2021 to 21 million in 2025.
This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets. Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states.
XL, a provider of connected vehicle electrification solutions for commercial, utility and municipal fleets, will unveil a plug-in hybrid electric version of the popular Ford F-250 pickup truck at the NTEA Work Truck show, 5-8 March in Indianapolis. Earlier post.).
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet 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.”.
The project will enable at least 44 buses in Ride On Montgomery County’s transit fleet to transition from diesel to electric, advancing the County’s goal to reach net zero carbon emissions by 2035, reducing lifetime emissions by more than 155,000 tons, while delivering resilience to climate events and power outages.
Representatives from the State of Hesse, RMV (Rhein-Main-Verkehrsverbund), Alstom and Infraserv broke ground for a hydrogen filling station on the site of the Höchst industrial park in Frankfurt that will supply a fleet of 27 passenger fuel cell trains—currently, the world’s largest such.
bp took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. for customers, including individual drivers and fleet operators.
Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Access to the program will be on a first-come, first-served basis.
Within the financing framework of the coming years, De Lijn will remove a maximum of EUR3 and EUR4 buses from the fleet and replace them with emission-free battery buses. These old buses are responsible for most of the vehicle fleet’s emissions.
Adding another school district fleet electrification program to its growing list of customers, AMPLY Power has been selected to manage the charging of electric school buses for the Palermo Union Elementary School District in Northern California. The hardware for the project includes six 16.2 —Vic Shao, founder and CEO of AMPLY Power.
The majority of new power-generating capacity added in developing nations in 2018 came from wind and solar; however, the majority of power to be produced from the overall fleet of power plants added in 2018 will come from fossil sources and emit CO 2. billion or 18% came from sources outside those countries.
The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. Fleet managers can set parameters for power usage. —Ted Cannis, general manager, Ford North America commercial business. Available 9.6-kilowatt
The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. The bill passed with 44 votes in favor and one vote against. Mayor Bill de Blasio is expected to sign the bill into law. The legislation was introduced to the Council as Intro.
Firefly, a fast-growing in-car and car-top mobility media company and a Google Ventures-backed startup, will collaborate with Hyundai in promoting its vehicles—including EVs—to rideshare fleets and drivers across key US cities. The program will be available everywhere Firefly is on the road.
The up to €400-million order is the result of a consultation launched in January 2018, the aim of which was to accelerate the renewal of the RATP bus fleet. The RATP fleet, consisting of 4700 bus, already includes 950 hybrid, 140 bio-methane and 83 electric buses. — Catherine Guillouard, President and CEO of RATP.
InCharge Energy is one of the industry’s leading developers of commercial EV charging systems, providing solutions tailored to commercial fleets. Customers can receive quotes from both InCharge Energy and Gilbarco Veeder-Root to support their charging needs and decide which way to move forward for a one-stop-shop solution.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content