article thumbnail

Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

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 Indianapolis Mayor Greg Ballard. million over ten years.

article thumbnail

XL to launch plug-in hybrid electric Ford F-250 pickup at NTEA Work Truck Show

Green Car Congress

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.).

Plug-in 291
article thumbnail

Workhorse adds EnerDel as battery supplier for new C-Series electric delivery vehicle

Green Car Congress

Workhorse has secured financing to be able to provide battery leasing packages for the entire EnerDel partnership. The company’s Vigor+ product line is Buy America Compliant and manufactured in Indianapolis, Indiana. EnerDel Inc.

Batteries 236
article thumbnail

EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

Green Car Congress

Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5 Earlier post.)

article thumbnail

ENER1 Receives Additional $20M from Principal Shareholder

Green Car Congress

The financing is expected to close next week. Li-ion maker ENER1, Inc. has executed a securities purchase agreement with its principal shareholder, Ener1 Group, for the purchase of common stock and warrants for $20 million. Ener1 set out to raise $150 million at the start of 2010, to meet near-term manufacturing objectives.

article thumbnail

XL Hybrids XL3 powertrain technology now available on diesel commercial van

Green Car Congress

Special financing options are available to XL Hybrids’ customers to retrofit current fleet vehicles and pay for the hybrid system over time. XL Hybrids is unveiling a Reach van with the XL3 system in the company’s booth at the 2015 NTEA Work Truck Show, 4-6 March at the Indiana Convention Center in Indianapolis.

Available 150
article thumbnail

Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

Overall, Ener1’s 92,000 ft 2 facility in Indianapolis has current capacity to produce 300 million watt hours of electrodes; an additional $50 million spent on equipment would double capacity to 600 million watt hours of electrodes for battery pack and cell production capacity of $450 million value in sales. Ener1 purchased $21.3

Li-ion 150