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a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Aqueous hybrid ion chemistry. Aquion Energy, Inc., Earlier post.). Earlier post.). Source: Aquion. Click to enlarge.
Mazda Motor Corporation will introduce the Mazda2 Hybrid in Europe from the spring of 2022. The Mazda2 Hybrid will be an OEM model supplied by Toyota Motor Europe, a wholly owned subsidiary of Toyota Motor Corporation, and will be added to the Mazda2 lineup in Europe and sold as Mazda's own brand vehicle.
Volvo Bus’ plug-in hybrid. Field tests being conducted in Gothenburg show that Volvo Buses’ plug-in hybrid reduces fuel consumption by 81% and total energy consumption (diesel plus electricity) by 61% compared to a comparable Euro 5 diesel bus. A number of European cities are showing an interest in the plug-in hybrids.
XL Hybrids, Inc., XL Hybrids, Inc., The XL Hybrids powertrain consists of a 2 kWh lithium-ion battery pack, a 40 kW (53 hp) electric motor and a proprietary hybrid control system that operate with the OEM internal combustion engine and automatic transmission.
an agricultural biotechnology and seed company enabling the production of high quality, low-cost and sustainable plant oil, protein and biomass, announced success in its program to create hybrid Jatropha which has both high yield and rapid time to maturity. Jatropha oil can be used as a biofuel feedstock.
Experian Automotive released findings from an analysis of the US hybrid vehicle segment showing that market share of hybrid vehicles has increased by 40.9% Snapshot of a typical hybrid owner. As part of the analysis, Experian Automotive also reviewed some of the financial attributes of hybrid vehicle loans. lease and 78.6%
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.).
General Motors is offering 0% APR financing for 72 months on used Chevrolet Bolt EV electric cars and Chevy Volt plug-in hybrids, reports CarsDirect, which cited a bulletin sent to dealerships last week. If you're considering a used electric car, now might be a good time to spring into action.
A major emphasis for UQM is developing propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles. million capital raise through institutional investors.
Coca-Cola is converting all of its newly purchased 2014 Chevrolet Express service vans into fuel-efficient hybrid-electric vehicles using XL Hybrids’ powertrain technology. The latest version of the XL Hybrids system features an inline traction motor delivering 40 kW, along with a 1.8 Earlier post.) kWh Li-ion battery pack.
The sale of hybrid cars will be allowed until 2035. Innovation and finance: Developing the technologies needed to reach these new energy ambitions and make the City of London the global center of green finance. Johnson announced the plan as part of his outline of a 10-point plan supporting the Green Industrial Revolution.
(collectively, Fisker Automotive) have entered into an asset purchase agreement with Hybrid Tech Holdings, LLC (Hybrid) for the sale of substantially all Fisker assets. Hybrid is the lender under an approximately $170-million loan secured by first liens on substantially all of Fisker Automotive’s assets. Earlier post.).
The new-generation compact car benefits from gasoline (TSI); diesel (TDI); compressed natural gas (TGI); mild-hybrid (eTSI) and plug-in hybrid (eHybrid) units. The all-new SEAT Leon also offers mild hybrid technology (eTSI), allowing the compact car to provide even greater efficiency levels. Plug-in hybrids. Mating a 1.4
a developer and manufacturer of Aqueous Hybrid Ion (AHI) stationary energy storage systems, has completed the first closing of a $35 million Series D financing round. Aquion Energy , Inc.,
The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).
Hybrid electric Grand Caravan. Hybrid electric Grand Caravan. Planned benefits of the new series-hybrid architecture include: Reduce direct operating costs by approximately 25% and carbon emissions by approximately 25%.
At least two Chinese automakers are bringing some of their new energy vehicles—hybrid, plug-in hybrid and battery-electric—to two of the major international auto shows in the first quarter of this year. The GAC 4x4 Trumpchi hybrid is in production. 4x4 Hybrid Version of Trumpchi Sedan. Click to enlarge.
The new agreement will see Mercedes-Benz AG grant access to a range of advanced Mercedes-Benz technologies, including next generation hybrid and electric powertrains, as well as other vehicle components and systems. Following Aston Martin’s IPO in 2018 and various further financing rounds, Mercedes-Benz AG now owns a 2.6%
Abellio Rail Mitteldeutschland, Alstom, Nahverkehrsservice Sachsen-Anhalt GmbH (NASA) and Rolls-Royce plan to implement jointly a new hybrid drive solution on Abellio’s fleet of Coradia Lint diesel trains. The contract covering the conversion of the first three of these vehicles to MTU hybrid drives is planned to be signed by the end of 2018.
Audi has earmarked approximately €15 billion for electromobility and hybridization, thus underlining the key importance of its electro-roadmap. The necessary finances are created by synergies in the Volkswagen Group—in both the e-platform strategy and in software development. They secure the technological leadership of the Group.
The Commonwealth Bank of Australia (CBA) has partnered with Tesla to offer low-interest financing on electric vehicle (EV) purchases. The CBA says that the lowered interest rates are available for eligible customers who finance sustainable products, such as EVs and hybrids. percent who do today. Tesla prepares for $1.8
Magnomatics has received funding from the UK’s Technology Strategy Board (TSB) for a number of projects investigating the application of its technology in hybrid systems. million) funding to develop magnetically geared motors and generators for the hybrid and electric vehicle market. Hybrids Motors Transmissions Vehicle Systems'
These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support. The pilot is within the larger Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).
However, the document not only provides a detailed look at the finances of the company, it also provides a quick recap of recent technology developments and some insight into the company’s immediate research priorities. Hybrid propulsion and alternative fuel vehicles. Details of the offering—i.e., Vehicle energy use.
The Urban Lab 2 laboratory vehicle is the result of the EDIT (Efficient Distribution Truck) collaborative project, financed by the Single Inter-Ministry Fund, Auvergne Rhône-Alpes Region, Métropole de Lyon, Ain Department Council and the FEDER. Urban Lab 2 demonstrates the untapped potential that still exists, particularly with hybridization.
The study looked at several powertrains: internal combustion engine, hybrid electric vehicle, plug-in hybrid electric vehicle, fuel cell electric vehicle and battery electric vehicle. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.
The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV. The battery systems are financed through municipal or state subsidies. esko, the system is now being deployed at ŠKODA dealerships.
The PACC 2020 is self-financed from the carbon market and the extension until 2014 of the fuel levy and fossil fuels. The action plan and strategy adaptation represent a total investment of nearly C$2.7 billion (US$2.6 Almost 63% (C$1.7 Almost 63% (C$1.7 GHG emissions in Québec reached their historic peak in 2003 to 6.8%
When coupled with an energy recovery system, electric superchargers can be used to create a cost-competitive hybrid solution that can deliver fuel savings of up to 20% in the standard European driving cycle, Valeo said. Highly efficient at low engine revolutions, electric superchargers make it possible to downsize engines. Earlier post.).
Prices on used EVs have dropped enough to counter soaring finance rates and boost affordability. Mazda looks to its rotary heritage for a series-hybrid sports car concept. And Lexus previews EVs and some standout tech in Tokyo concepts. This and more, here at Green Car Reports.
Supercharger, kinetic energy recovery and transmission specialist Torotrak will acquire , pending shareholder approval, the remaining 80% of flywheel hybrid innovator Flybrid for up to £23.0 M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says. Torotrak’s M-KERS unit.
million to help California consumers purchase plug-in hybrid and zero-emission cars and light trucks. Funding for this year’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project was increased by $10 million to $15 million. Funding was approved for three specific programs.
Cummins believes eAxles will be a critical integration point within hybrid and electric drivetrains. Cummins intends to finance the transaction using a combination of cash on the company’s balance sheet and debt and remains committed to maintaining its strong credit ratings.
Planned investments and development costs for future areas such as hybridization, electric mobility and digitalization will total roughly EUR 60 billion between 2020 and 2024 Share of planned spend for future topics increased in Planning Round 68 to approximately 40 percent from approximately 30 percent in the previous Planning Round.
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.
Americans are much less likely than consumers in other major industrialized countries to purchase an electric vehicle or hybrid, largely because of concerns over access to charging stations away from home, according to a survey by global consulting firm OC&C Strategy Consultants.
Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.
In addition, Allison has committed to provide debt financing in support of JJE North America’s commercial vehicle electric drive product development, testing and manufacturing acceleration efforts.
XL Hybrids, Inc. announced its XL3 Hybrid Electric Drive System is now available on the Reach commercial van from Isuzu and Utilimaster. The retrofitted XL3 Hybrid Electric Drive System saves fuel through regenerative braking, a process by which the electric motor helps slow the vehicle when the driver brakes, charging the battery.
The 40 hydrogen buses for Cologne (30) and Wuppertal (10) are hybrid vehicles (fuel cell and batteries) of the Van Hool A330 type with dual axles and a length of 12 meters. With to the hybrid power source, the buses, with a tank capacity of 38.2 These high-tech vehicles will be built in the Van Hool factory in Koningshooikt.
XL Hybrids, Inc. announced another win for its retrofitted vehicle electrification system, with the successful installation of the XL3 Hybrid Electric Drive System in the fleet of Watkins Heating & Cooling, a family-owned and operated HVAC service company headquartered in Springboro, Ohio.
China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. Focus on supporting the development of the electric traction motor, power electronics, and electric ancillaries. Fuel cell stack research.
XL Hybrids’ retrofit/upfit XL3 Hybrid Electric Drive System is now available for the GM 3500/4500 Cutaway/Cab Chassis beginning with MY2011 vehicles. For fleets that use FTA funding, the XL3 can be purchased by transit agencies for less than $5,000, and is the lowest cost hybrid system offering a payback in less than two years.
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