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XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. XL has strong demand momentum with a $220-million 12-month sales pipeline and forecasted revenue of more than $21 million in 2020 and $75 million in 2021.
ABB E-mobility announced details of its new HVC360 fleet charging solution. While the growing number of public charging points is excellent news for EV drivers, these alone do not meet the needs of electric fleets. of total bus sales. Slightly fewer than 66,000 electric busses were sold worldwide in 2022, around 4.5%
Hyundai Hydrogen Mobility’s fleet of XCIENT Fuel Cell trucks has collectively exceeded 1 million kilometers of driving in 11 months of service in Switzerland. During that time, the fleet has reduced CO 2 emissions by more than an estimated 630 tons, compared to diesel-powered vehicles.
This could prove very problematic for the industry in a year that was supposed to mark the big shift to EVs to reduce fleet CO2 emissions in line with new tighter EU CO 2 targets. —Mike Vousden, Automotive Analyst at GlobalData. —Mike Vousden.
million), about 25% of the bus fleet in Grudzi?dz The Urbino 12 electrics set to join the city fleet will draw energy from batteries with a capacity of more ethan 250 kWh. Poland is an extremely important market for the bus maker when it comes to sales of its electric buses. dz will be emissions-free.
Siemens USA has set a goal to transition to a fully carbon-neutral fleet in the US by 2030. Siemens’ US fleet coomprises more than 10,000 vehicles, from sedans and service vans to light- and heavy-duty trucks. Educating fleet drivers on eco-driving techniques, such as zero idling.
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.
a provider of commercial electric vehicles for fleets, reported Q1 2021 revenue of $4.6M and sales of 31 zero-emission commercial vehicles, across five specialty vehicle applications for its wholly-owned subsidiary Lightning Systems. Backlog at quarter end of $169 million and sales pipeline of $807 million respectively.
BYD delivered the first electric bus fleet for public transport in the Caribbean, opening up an exciting new chapter in the region’s efforts to tackle climate change. The Barbados Transport Board recently received 33 BYD battery-electric buses and two more of the 30-foot buses will be delivered by December.
USDA owns and operates one of the largest civilian fleets in the Federal Government and this move to a fleet that can use E85 or biodiesel will increase efficiencies and performance. Background on USDA Fleet. This will occur over time during the normal fleet renewal process. Earlier post.).
AJR Trucking , a leading carrier for the United States Postal Service (USPS) and a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has executed a purchase order for 50 Nikola Tre hydrogen fuel cell electric vehicle (FCEV) trucks from Tom’s Truck Centers, a member of the Nikola Corporation sales and service dealer network.
BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. Their use case will mostly be in shorter-distance applications.
These are the first light-duty electric trucks to be made available in Penske’s rental and leasing fleet, as previously announced. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions.
Lightning eMotors signed a contract with Macnab EV Sales Corp. to deliver 126 vehicles to the Canadian commercial vehicle distributor by the end of 2023. Deliveries of Lightning’s ZEV3 vans to Macnab have already begun. The full order of 126 vehicles includes ZEV3 cargo and passenger van configurations and ZEV4 shuttle buses.
Seven German companies in logistics, manufacturing and retail will put 27 Hyundai XCIENT Fuel Cell trucks into fleet service with funding for eco-friendly commercial vehicles from Germany’s Federal Ministry for Digital and Transport (BMDV). HHMG also plans to actively participate in the second funding program.
Merchants Fleet, the nation’s fastest-growing fleet management company, plans to further electrify its portfolio with BrightDrop, the new business backed by General Motors, offering electric first-to-last-mile products and software services. Merchants Fleet expects BrightDrop EV600s to enter its clients’ fleets starting in early 2023.
Electrolyzer sales have more than doubled to 458MW in 2021 and are set to grow 4-5x this year. Almost two-thirds of these sales will happen in China. This year, just two industrial projects in China will use several times more clean hydrogen than the world’s entire passenger fuel cell vehicle fleet.
In the US Energy Information Administration’s (EIA’s) International Energy Outlook 2021 , released earlier this month, the EIA forecast that the global light-duty vehicle (LDV) fleet will grow from 1.31 of the global LDV fleet in 2020 to 31% in 2050, reaching 672 million vehicles. billion vehicles in 2020 to 2.21
Enhanced telematics and new remote software management features for fleet managers and drivers. As we are witnessing in the passenger EV market, higher sales volumes are translating into lower prices. Improved range and payload capacity from higher energy density battery solutions.
EV sales are growing, but not enough to offset gasoline cars. That's because sales of those vehicles are growing faster, according to a new report. vehicle fleet than they did a few years ago, the.
signed a framework agreement with the Flemish government-owned public transport enterprise De Lijn for the sale of a first batch of 65 E-WAY full electric city buses and further batches up to a total of 500 vehicles. All together they will come to represent the largest fleet of IVECO BUS articulated electric buses in operation.
Pegasus has a dealerships network throughout the United States, including Creative Bus Sales, the nation’s largest bus dealership. Pegasus Specialty Vehicles has an agreement in place with Creative Bus Sales to support the sale and servicing of their vehicles.
The BMW Group presented the first BMW iX5 Hydrogen vehicles in a pilot fleet that will go into service this year. The fleet of less than 100 vehicles will then be employed internationally for demonstration and trial purposes for various target groups.
Since then, the district has continued to grow its zero-emission fleet, ordering an additional two buses in 2021 and 10 buses in 2022. This will be the sixth delivery of 13 electric school buses ordered by the district from Kerlin Bus Sales, a full-service TBB dealer in Indiana.
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.
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.
Orange EV has expanded its yard truck rental program to offer the largest electric spotter rental fleet across the United States. —Zack Ruderman, the VP of sales and marketing at Orange EV. These all-electric rentals are now available in 48 states, providing increased uptime and reduced costs.
Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn).
The company will officially begin delivering keys to customers at a special launch event scheduled for 4 October in Los Angeles with a select group of early reservation holders along with the company’s first fleet owners. The company earlier introduced a new fleet and commercial version of the SOLO Cargo EV.
Hertz is making a significant investment to offer the largest EV rental fleet in North America and one of the largest in the world. Global EV sales skyrocketed 200% in the last year and will likely continue to grow with commitments from global automakers to increase EV sales.
The upshot is that the new law makes the statutory changes necessary to enable retail sale of dimethyl ether (DME)-propane fuel blend. AB 2663 levels the playing field for DME and removes a barrier to adoption for fleets seeking ways to reduce their carbon footprint.
Heliox will supply mobile 25kW and 50kW chargers to PACCAR’s dealers and customers who are building their electric truck fleets. Efficient installation costs and flexibility make the Heliox mobile chargers an attractive choice for truck sales support as well as early-stage fleet deployment and testing.
By the end of 2021, the Virginia-based fleets will utilize the zero tailpipe emission trucks to transport inbound parts and components daily to the Volvo Trucks New River Valley Assembly Operations (NRV) in Dublin, Virginia, where every Volvo truck in North America is assembled. —Peter Voorhoeve, president, Volvo Trucks North America.
Optimal Electric Vehicles and Olathe Ford, one of the nation’s largest Ford Commercial Vehicle Centers (CVCs), announced a new partnership in the sales and distribution of Optimal-EV’s E1 series battery-electric cutaway chassis platform. The E1 features an all-electric drive system designed to enable more than 125 miles of driving range.
The logistics service provider Dachser is planning to add 50 units of Mercedes-Benz eActros LongHaul ( earlier post ), presented at this year’s IAA Transportation, to its European fleet. —Stina Fagerman, Head of Marketing, Sales and Services at Mercedes-Benz Trucks.
Nikola is currently in the process of filing this voluntary recall with the National Highway Traffic Safety Administration (NHTSA) and is placing a temporary hold on new BEV sales until a resolution is in place.
Sales will begin next year and volume production will start in 2022. In North America, sales of the Volvo VNR Electric, a truck for regional transport, will start in December 2020. In practice, many of them will have a mixed fleet of trucks powered by different fuels during a transition period.
The shift to sustainable truck transport is happening in many parts of the world, including Australia, where sales of electric trucks are starting to pick up. The 36 units will become a part of Team Global Express Sydney metropolitan pick-up and delivery fleet. The country is committed to deliver net-zero emissions by 2050.
Passenger electric vehicle (EV) sales are set to grow rapidly in the next few years, rising from 6.6 The fleet of EVs on the road hits 77 million by 2025 and 229 million by 2030, based on BNEF’s Economic Transition Scenario. Most of this is from electric two- and three-wheelers in Asia, but rising passenger EV sales push this to 2.5
company-wide fleet, and will be serving Albertsons, Vons, and Pavilions stores in Southern California. The Southern California fleet, which is made up entirely of trucks manufactured by Volvo Trucks, covers 335 stores in the region, running from the Central Coast to the California-Mexico border. Albertsons Cos.
Rivian EDV for fleet customers starts at $82,900 Up to 161-mile range from 100-kwh LFP battery pack Amazon already has more than 20,000 Rivian electric vans, of its ordered 30,000 by 2030 Rivian electric vans will soon be carrying more than just Amazon packages.
By 2035, zero-emission truck/chassis sales would need to be 55% of Class 2b – 3 straight truck sales, 75% of Class 4 – 8 straight truck sales, and 40% of truck tractor sales. Fleet owners, with 50 or more trucks, would be required to report about their existing fleet operations.
To date, more than 450 commercial customers in North America, including 200 top fleets and fleet management companies, have said they’re interested in purchasing the E-Transit. The electric Mustang Mach-E is on sale now, E-Transit is available later this year, and the electric F-150 hits dealerships in 2022.
Ford is instituting big discounts on the Mustang Mach-E for fleet customers, as well as a new program that allows dealers to use inventory as rental cars. A discount of $7,500 for state and local government customers, as well as certain customers, is available on all new 2024 Mach-E orders received through Apr. 30, reports CarsDirect.
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