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This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.
the largest private aviation company in the world, and FlightSafety International, a leader in professional aviation training, have signed a Memorandum of Understanding (MoU) with Lilium, makers of an all-electric vertical take-off and landing (eVTOL) jet ( earlier post ), for a proposed strategic partnership. NetJets Inc.,
Roy Hill , the largest single iron ore mine in Australia, has purchased Wabtec’s FLXdrive battery-electric locomotive, the world’s first 100% battery-electric, heavy-haul locomotive ( earlier post ) for the region and the mining industry. Wabtec’s goal is to develop the next generation of zero-emission locomotives.
DHL Express announced a partnership with Fiat Professional, purchasing the first 100 units of Fiat’s new E-Ducato, introduced to the public on Earth Day. Due to the high customer demand for international Express deliveries the company expects its European last-mile fleet growing to approximately 20,000 vans by 2030.
Hartsfield-Jackson Atlanta International Airport (ATL) has aded two BYD battery-electric buses. The K9M 40-foot buses are part of the airport’s fleet of “terminal-to- terminal” shuttles used to transport passengers between the international and domestic terminals, and from the international terminal to the Rental Car Center.
—Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, Chief Technology Officer responsible for Development and Purchasing. The German Federal Motor Transport Authority (KBA) has granted system approval for this on the basis of the technical approval regulation UN-R157 (UN Regulation No.
The Geneva International Motor Show (GIMS), which was scheduled to open in three days and run until 15 March, has been cancelled due to the Swiss government’s response to the coronavirus. Tickets already purchased for the event will be refunded. The dismantling of the event will now have to be organized.
NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly. and Guotai Junan International Holdings Ltd., Weineng Wuhan Battery Asset Co.,
Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. Initial delivery of the vehicles may begin by July 2021 and will run through 2026. 75 MPH (Limited). Brake System.
Highland will purchase buses manufactured in North Carolina by Thomas Built Buses, which will be supplied and serviced by American Bus. The project was awarded an $817,000 grant from Maryland Energy Association (MEA), which helps offset the purchase cost of vehicles that is critical at this early stage of mass deployment.
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 Class 8 Nikola Tre battery-electric vehicle (BEV) semi-style tractor will be used to move paving equipment, transport construction materials and pull other heavy equipment at Los Angeles International Airport (LAX) worksites.
Among the early adopters who own an EV, 82% say they “definitely will” consider purchasing another in the future, according to the inaugural J.D. However, satisfaction with the current ownership experience is a key influencer for whether owners will purchase the same brand of EV again.
The BMW Group is using Blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. In 2019, we conducted a successful pilot project for purchasing front lights. The automotive industry’s international supply chains are highly complex.
The North American recreational boating industry showcased three sustainable marine fuels during an opening day event at the Discover Boating Miami International Boat Show. All are expected to remain compatible with existing recreational boats equipped with internal combustion engines.
Werner Enterprises, a premier transportation and logistics provider, has signed a letter of intent to purchase 500 Cummins’ 15-liter hydrogen internal combustion engines upon availability. Earlier post.) Earlier post.). Since announcing the fuel agnostic platform, which includes the hydrogen option in both the 15-liter and 6.7-liter
ExxonMobil and Global Clean Energy have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel to up to 5 million barrels per year. The original agreement signed in August 2020 committed ExxonMobil to purchase 2.5 Earlier post.). million barrels of renewable diesel per year.
With the latest purchase of approximately 60 million liters (approximately 16 million gallons US) of Sustainable Marine Fuel, DHL will reduce a total of 180,000 tonnes of tank-to-wake (TtW) CO 2 e on both FCL (full container load) and LCL (less than container load) shipping until 2024.
Tesla is rumored to be purchasing wireless charging company Wiferion, a Freiberg, Germany-based entity with charging and power solutions. A report from Gründerszene/Business Insider states that Wiferion is set to offload its business to Tesla International BV, a filing in the German Commercial Register indicates.
The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. Therefore, we are already starting the international ramp-up of the hydrogen economy and building long-term value creation and supply chains through the H2Global instrument.
Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. Costs ranged from a low of 0.3% Subsidies remained sticky outside the G20 as well.
Amazon announced its first purchase—rather than a lease—of eleven Boeing 767-300 aircraft. The purchases include seven aircraft from Delta and four aircraft from WestJet; the aircraft will join the Amazon network by 2022. The seven aircraft from Delta will enter Amazon’s air cargo network in 2022.
Tesla donated $600,000 to P-TECH Manufacturing Studio in the new Del Valle International School District’s (DVISD) Early College High School and P-TECH facility. Tesla’s donation will help DVISD purchase equipment for the Gigafactory Texas P-Tech Manufacturing Studio, currently under construction.
Following the reports, Musk later went on to post on X about Tesla’s purchases from Nvidia this year, which he estimates to be between $3 billion and $4 billion, as well as other insights about the company’s AI supercomputing needs. ” Tesla self-driving development gets huge compliment from NVIDIA CEO What are your thoughts?
Rossmann already noted last summer that it would no longer purchase Teslas for its fleet. “Individual decisions by comparatively small companies to avoid the products of certain manufacturers in their purchasing policy in future may make for good PR, but will have little effect,” the business ethicist noted. .”
GlobalData’s analysis suggests that low oil prices will lead to a longer waits for the reduced fuel costs offered by electric vehicles (EVs) to amortize their higher purchase prices. Higher prices at the pumps mean EVs make up their extra purchase cost sooner, while lower fuel prices see ICE cars remain cheaper than EVs for longer.
Fuel tankering in commercial aviation is the practice of overfueling with less expensive fuel purchased at one airport to avoid purchasing more expensive fuel at another—in other words, flying with extra fuel on board to save money. For the foreseeable future, SAFs are expected to cost substantially more than fossil jet fuel.
As part of the earliest stages of the delivery vehicle replacement plan, a contract for 9,250 commercial-off-the-shelf (COTS) internal combustion engine vehicles will also be concurrently awarded to fill the urgent need for vehicles. Acquisitions of NGDV after 2026 will be 100% electric.
Their buses drive in stop-and-go traffic where conventional internal combustion engines waste fuel while idling. Deployment of zero-emission buses is expected to accelerate rapidly in the coming years, from 153 buses today to 1,000 by 2020, based on the number of buses on order or that are otherwise planned for purchase by transit agencies.
The International Council on Clean Transportation (ICCT) has released a report it commissioned from Sonoma Technology, Inc. Cumulative emissions avoided with 2025 implementation of ACT, HDV Omnibus, and CA Phase II GHG tractor-trailer standards (All EV Scenario).
Since 1 May 2019, Canadians who purchase or lease an eligible battery electric, hydrogen fuel cell, or longer range plug-in hybrid vehicle, will receive an incentive of $5,000. Canadians who purchase or lease a shorter-range plug-in hybrid vehicle will receive an incentive of $2,500.
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. —Andrew Burnham, an environmental scientist at Argonne, creator of AFLEET, and co-author.
The scope of the proposed alliance includes a range of vehicles to be sold under each company’s distinct brands, as well as cooperation in purchasing, research and development, and connected services. Purchasing collaboration would be focused on joint sourcing of materials, logistics and localization strategies.
The NGDV program calls for the purchase of up to 165,000 new mail delivery trucks over the next decade. In February, the agency announced it had completed the environmental review for its Next Generation Delivery Vehicle program and was moving ahead with plans to start purchasing the new trucks. —Maxwell Woody, lead author.
New York State announced a series of broad-scale initiatives to encourage the purchase and to increase the convenience and accessibility of electric vehicles (EV). Kennedy International Airport and five major cities. Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs.
According to the agreement, VinFast will begin delivering vehicles to Autonomy over the next 12 months, as it starts exporting vehicles to international markets. VinFast also offers flexible sales options for customers purchasing vehicles with batteries or with a battery subscription program.
The joint venture is equally owned by the two partners and is chaired by David Holderbach, with more than 20 years of experience in strategic, product and international sales at the Renault Group. The HYVIA hydrogen refueling stations will be available to rent or purchase and are guaranteed to be simple and safe to use. Earlier post.)
Volta’s charging stations feature eye-catching 55-inch digital displays, doubling as a media platform providing brands a way to reach millions of shoppers seconds before they enter the store to make a purchase. It will also allow Volta to begin its international expansion.
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.
Fortescue Future Industries (FFI) has secured renewable power for its proposed Holmaneset green energy project , entering into a long-term Power Purchase Agreement (PPA) with Statkraft. The PPA is conditional upon a positive Final Investment Decision for the Holmaneset Project.
All relevant information will be obtained via a dedicated online platform and are verified in an internal audit process. The international express service provider DHL Express has included the certification as part of the tendering process for its ground-based transport and has received consistently positive feedback from carriers.
Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. According to the J.D. in January.
The Carbon Trust ‘Carbon Measured’ label validates the accuracy of these measurements and provides customers with independently reviewed information about the carbon impact of their purchase. —Sangdae Kim, Head of Strategic Business Planning Division at Kia. Kia fully recognizes its responsibility to adhere to sustainable practices.
(CBA), the joint venture produces BMW vehicles with internal combustion engines and electric drivetrains for the Chinese market and for export at two locations in Shenyang (Liaoning Province). Payment of the purchase price is expected to be completed by 22 February.
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