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In step two, a 20 MWh battery pack will be connected to the propellers; Stena Jutlandica will be able to be operated on electricity within around 10 nautical miles, equal to the distance between Göteborg and Vinga Lighthouse. The first phase of the project is supported and financed by half by the Swedish Transport Administration and the EU.
Obrador’s decree also established 234,855 hectares (907 square miles) in Sonora as a mining zone known as Li-MX-1. Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal.
a provider of cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (NPA) under which it will sell $200 million aggregate principal amount of its 4.0% Workhorse Group Inc., Senior Secured Convertible Notes due 2024 to two institutional lenders.
With more than 800 vehicles on the road today, Proterra battery systems have been proven over 25 million service miles driven and selected by world-class commercial vehicle manufacturers to electrify delivery vehicles, construction equipment, school buses, coach buses, and more. Proterra 40' ZX5 Max.
a designer and manufacturer of light-duty, short-haul, and last-mile delivery electric vehicles (EVs), has launched the Electric Vaccine Vehicle (EVV). 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.
Mustang Mach-E, with an available EPA-estimated 300+ mile range, is available with BlueCruise hands-free driving on more than 130,000 miles of highway and can be updated through over-the-air Ford Power-Up software updates. The Mustang Mach-E was the No. 2 US EV manufacturer as it continues to scale that part of the business.
Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)
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. 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.
kWh battery pack with an optional second battery for an 80 mile range, the District is manufactured using innovative processes such as laser cutting and CNC sheet bending, which reduce production time while enhancing quality and durability. The District is on sale now, starting at $7020 after a 10% EV tax credit, with financing available.
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).
The FM Electric can carry a weight of 44 tons (gross combination weight) and has a range of up to 300 km (186 miles). DFDS has chosen a financing solution provided by Volvo Financial Services. With a top-up charging session during lunch the distance can be extended.
The latest electric Scania trucks are accompanied by all the support with operational factors and services that make them complete solutions, with charging, finance, insurance and maintenance all in place.
The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. The financing was led by funds and accounts advised by T. EV developer Rivian has closed a $2.5-billion billion private funding round. Rowe Price Associates, Inc. Rowe Price Associates, Inc.
Awarded last year, the project consortium, “Greening European Transportation Infrastructure for Electric Vehicles,” is the first decarbonization infrastructure project co-financed by the European Union’s TEN-T program. million miles). Better Place has raised more than $750 million of equity financing to date.
Lightning eMotors says that its products are complementary to Ford’s announced 2022 E-Transit, which will be a battery-electric Class 2 cargo/cab/chassis van with an estimated 126 miles of range. The Lightning Electric Transit Van is available for order now, with deliveries starting in the second quarter of 2021.
The electric powertrain Endurance delivers the equivalent of 75 miles per gallon, an estimated 250 miles per charge, and an anticipated 7,500-pound towing capacity, all of which has been systematically engineered and competitively priced for large commercial fleets.
The HUT is calculated based on a vehicle’s weight and the number of miles driven in the state. The bill establishes per-mile tax rates that increase based on vehicle gross weight, ranging from $0.025 per mile for vehicles weighing 26,000-28,000 lbs to $0.175 cents per mile for vehicles weighing more than 80,000 lbs.
The financing was led by funds and accounts advised by T. Rivian has developed and vertically integrated a connected electric platform that can be flexibly applied to a range of applications including the company’s adventure products as well as B2B products such as the Amazon last-mile delivery vans. Rowe Price Associates, Inc.
The Volvo VNR Electric offers the same state-of-the-art agility and visibility as the highly successful Volvo VNR regional-haul model, so drivers benefit from a fast learning curve, ease of operation and service, and a seamless transition from miles per gallon to kilowatt hours per mile.
Rivian introduced a new, limited-time 2.99% financing offer on its new Dual Max R1S this week. With over 400 miles of range, a re-engineered suspension, and an in-house Dual-Motor system, Rivian’s new R1S is more capable and efficient than ever.
Torque is 487 ft-lb (660 N·m), and the target range is 275 miles. This account will become your ID used for all things Polestar moving forward, including tracking your order, completing financing steps closer to delivery, and interacting with your Polestar 2 via the Polestar App. and Florida in the first half of 2021.
recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. With global headquarters in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent OEM testing and in-service operation in all markets.
NEVS halted production of the conventional Saab 9-3 Aero in May as it struggles to sort out its financing. In this phase of the development the performance of the prototype EVs is limited to: A range of approximately 200 km (124 miles). Earlier post.). —Stig Nodin, Vice President Engineering and Product Development.
Kleiner Perkins and GM Ventures led the financing, with significant growth funding from other existing investors. Another $10 million in funding is expected to close within the coming weeks, bringing the total for the financing to $40 million. Proterra electric vehicles have logged more than 400,000 zero-emission miles in 11 US cities.
kWh battery pack (from Deutsche ACCUmotive, Daimler’s JV with Evonik, earlier post ) enables the urban two-seater to travel approximately 145 kilometers (90 miles) in city traffic. The new “sale&care model” offers customers an opportunity to buy, finance or lease the vehicle and to rent the battery for a monthly fee. sale&care.
With more than 600 vehicles on the road today, the company’s battery systems have been proven over 20 million service miles driven and selected by world-class commercial vehicle manufacturers to electrify delivery vehicles, construction equipment, school buses, coach buses, and more.
Ford is reopening order banks for the next wave of reservation holders of the popular F-150 Lightning electric pickup truck, adding new improvements including boosting its standard range battery models to an EPA-estimated targeted range of 240 miles and adding Pro Trailer Hitch Assist technology. XLT High / Extended Range.
The overall out-of-pocket-costs for many consumers who finance will be lower in their very first year of ownership, despite the fact that the upfront cost of electric vehicles remains higher today than their gas-powered counterparts. Lifetime savings of EVs versus comparable gasoline-powered vehicles.
kg of hydrogen on board, will be able to carry out a full day’s schedule of 350 km (217 miles). million miles) cumulatively in revenue service, equivalent to circling the globe 299 times. The bus is designed for 29 seats and 46 (Cologne) and 49 (Wuppertal) standing passengers, with space for two wheelchair users and a stroller.
While the CNG dedicated model is a fit for those located in areas of heavy infrastructure, the bi-fuel model offers a combined range of more than 675 miles and on-the-fly switching between fuel types. Because Venchurs is a QVM, the original Ford warranty stays intact and the conversion can be financed through Ford Credit.
Inventory financing is being provided by Hitachi Capital America (HCA) as part of Workhorse’s previously announced strategic partnership with HCA. Inventory financing for that deal is also being provided by Hitachi Capital America. Initial delivery of the vehicles may begin by July 2021 and will run through 2026. Front Track.
a US-based technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, announced newly-formed strategic agreements with both Hitachi America, Ltd. Workhorse Group Inc., and Hitachi Capital America Corp.
Venture-backed startup Joby Aviation has secured $100 million in Series B financing to take its all-electric vertical take-off and landing (eVTOL) passenger aircraft into pre-production and certification. The company is now focused on developing a commercial version of that design, and preparing that vehicle for certification.
True Zero reported that fuel cell electric vehicles in California have used 250,000 kilograms (250 metric tons) of clean hydrogen—and driven 17 million miles—supplied by 18 retail stations owned and operated by the company.
Tesla has rolled out a limited-time promotion offering free Supercharging miles to customers who take delivery of a new Model S, Model X, and Model Y before the end of Q1 2024. Tesla notes that this incentive is only available for cash or finance purchases. After this period, the free Supercharging miles would be expired.
The cost to operate an EV, per mile, is already well below the cost to drive a standard ICE-age model, and the advantage is likely to widen. The average US residential customer pays 12 cents per kilowatt-hour (kWh) , which means the cost to drive one mile in an EV is somewhat less than 4 cents. million miles per acre per year.
Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. by Jon LeSage for Oilprice.com. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60
Operated by WaterstofNet , the Flemish/Southern Netherlands hydrogen network station is co-financed by the EU Interreg program. Within the next few months the station will be expanded to include a 700 bar dispenser to make it suitable for passenger cars. The unit can be deployed in standard, articulated and double-articulated buses.
million zero emission fuel-cell-car miles in California, eliminating more than 2.3 The company also obtained financing from Toyota and Honda to help accelerate and grow its California hydrogen network. Fuel from True Zero ’s hydrogen-fueling stations during 2016 powered more than 3.7
The Bosphorus is a 17-mile waterway that connects the Black Sea with the Sea of Marmara, and the Dardanelles is a 40-mile waterway that links the Sea of Marmara with the Aegean and Mediterranean Seas. The Turkish Straits, which include the Bosphorus and Dardanelles waterways, divide Asia from Europe.
From system design and utility upgrades, to financing, charging infrastructure and maintenance, AMPLY allows fleet operators to expand their zero-emissions operations with confidence and ease, in exchange for an optimized, price-per-mile-driven fee.
Separately, ADB announced it will provide $300 million to overhaul more than 900 kilometers (559 miles) of roads in India’s Chhattisgarh state. The project supports Chhattisgarh’s priority investment program to improve more than 8,800 km (5,468 miles) of state roads. 300M to India’s Chhattisgarh State for major road upgrades.
Hercules is commencing the Series A financing to support product development and add team members; the company currently is scouting locations for production of its components, including solid-state batteries. In September 2020, Hercules announced an exclusive agreement with Toronto-based Worksport Ltd.,
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