Electric vehicles

Lion Electric to Supply Green Mountain Power With All-electric Utility Trucks

Retrieved on: 
Friday, July 30, 2021
Battery electric vehicles, Electric vehicle, Sustainable transport, Electric truck, Truck, Transport, Electric vehicles, Sustainable technologies, Sustainable development, Electric vehicle conversion, Environmental technology

GMP is among the first utilities in New England to receive all-electric heavy-duty trucks for its fleet.

Key Points: 
  • GMP is among the first utilities in New England to receive all-electric heavy-duty trucks for its fleet.
  • Lion Electric expects to deliver the first truck to GMP in the first half of 2022, and the second one is scheduled to arrive next summer.
  • Adopting electric trucks creates savings for operators, including reduced maintenance costs by up to 60%, and energy costs by up to 80%.
  • Additionally, the bucket truck and its auxiliary systems run entirely off the vehicle's battery pack, eliminating emissions and noise pollution.

Volta Industries to Participate at Upcoming Investor Conferences

Retrieved on: 
Friday, July 30, 2021
Electric vehicles, Charging station

Upon the closing of the proposed transaction, the combined entity will be named Volta Inc. and remain on the New York Stock Exchange under the new ticker symbol "VLTA".

Key Points: 
  • Upon the closing of the proposed transaction, the combined entity will be named Volta Inc. and remain on the New York Stock Exchange under the new ticker symbol "VLTA".
  • Volta Charging is an industry leader in commerce-centric EV charging networks.
  • Volta Charging's vision is to build EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers live, work, shop and play.
  • In February 2021, Volta Charging and Tortoise Acquisition Corp. II (NYSE: SNPR), a publicly traded special purpose acquisition company with a strategic focus on energy sustainability and decarbonizing transportation, announced they entered into a business combination agreement.

TrueCar Forecasts Third Consecutive Month of Slowing Vehicle Sales for July 2021

Retrieved on: 
Thursday, July 29, 2021
Electric vehicles, Economic impact of the COVID-19 pandemic

This month's seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 14.7 million, staying on par with July 2020.

Key Points: 
  • This month's seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 14.7 million, staying on par with July 2020.
  • "In July we expect to see things continue to cool since the recent new vehicle sales peak in April.
  • Used vehicle sales for July 2021 are expected to reach 3.7 million, down 4% from a year ago and about even with June 2021.
  • The average loan term on a new vehicle for July 2021 is 70 months and the average loan term on a used vehicle is 69 months.

STA Launches Electric School Bus Program in Los Angeles

Retrieved on: 
Thursday, July 29, 2021
Electric vehicles, Energy in California, Los Angeles Aqueduct, Los Angeles Department of Water and Power, Water in California, Electric bus, Electric vehicle, Charging station, California, States of the United States, United States

In Los Angeles, Blue Bird was responsible for manufacturing the new buses, which feature a Cumminsbattery electricsystem.

Key Points: 
  • In Los Angeles, Blue Bird was responsible for manufacturing the new buses, which feature a Cumminsbattery electricsystem.
  • The installation of the charging stations served as a mentoring project for LADWP's Los Angeles Cleantech Incubator class.
  • STA recently announced that Ronald Halley, Vice President of Fleet and Facilities, will lead the Electric Vehicle Pilot Program.
  • STA has plans to expand its electric bus initiative to additional markets including Trenton, NJ; Barre, VT and others.

SunPower and Wallbox Team Up to Integrate Solar and Home Electric Vehicle Charging

Retrieved on: 
Thursday, July 29, 2021
Electric vehicles, Solar energy in California, SunPower, TotalEnergies, California, Wallbox, Electric vehicle, Charging station, States of the United States

SunPower will also act as a preferred solar and storage provider and EV charger installation provider for Wallbox customers.

Key Points: 
  • SunPower will also act as a preferred solar and storage provider and EV charger installation provider for Wallbox customers.
  • "SunPower is committed to simplifying solar and storage; extending that to electric vehicle adoption is a natural next step," said Peter Faricy, SunPower CEO.
  • EV charging customers without solar will also have the opportunity to add solar or storage to their homes through SunPower.
  • SunPower and Wallbox are currently exploring options for developing products and experiences to further integrate solar power with EV.

Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year

Retrieved on: 
Thursday, July 29, 2021
Cars, Motor vehicles, Car classifications, Electric vehicles, Mitsubishi Eclipse Cross, Plug-in hybrid, Mitsubishi Motors, Mitsubishi Outlander, Lynk & Co 01

FRANKLIN, Tenn., July 29, 2021 /PRNewswire/ -- Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander1, a crossover SUV, fully evolved with a new-generation PHEV system.

Key Points: 
  • FRANKLIN, Tenn., July 29, 2021 /PRNewswire/ -- Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander1, a crossover SUV, fully evolved with a new-generation PHEV system.
  • With improved motor output and increased battery capacity over the current model, the all-new Outlander PHEV model delivers more powerful road performance and greater driving range.
  • Since the launch of the Outlander PHEV, it has been sold in more than 60 countries around the world and is a leader in the PHEV category.
  • MMC announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross PHEV (PHEV model), the all-new Outlander and the all-new Triton/L200.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Home Point, James River, Kanzhun, and BlueCity and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, July 29, 2021
Carsharing, Electric vehicles, Bragar, BlueCity, BlueCity, Transport

On May 6, 2021, Home Point Capital issued a press release announcing Home Point Capitals financial results for the first quarter of 2021.

Key Points: 
  • On May 6, 2021, Home Point Capital issued a press release announcing Home Point Capitals financial results for the first quarter of 2021.
  • Among other results, Home Point Capital reported revenue of $324.2 million, missing consensus estimates by $41.72 million.
  • On this news, Home Point Capitals stock price fell nearly 18%, closing at $7.70 per share.
  • For more information on the BlueCity class action go to: https://bespc.com/cases/BLCT
    About Bragar Eagel & Squire, P.C.

World Electric Passenger Cars Market Report 2021-2028: Size, Share & Trends Analysis & Forecasts by Battery Electric Vehicle & Plug-in Hybrid Electric Vehicle - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 28, 2021
General Automotive, Automotive, Alternative Vehicles, Fuels, Electric vehicles, Electric vehicle conversion, Sustainable technologies, Transport, Motor vehicles, Electric vehicle, Sustainable transport, Plug-in hybrid, Battery electric vehicle, Hybrid electric vehicle, Plug-in electric vehicle

The "Electric Passenger Cars Market Size, Share & Trends Analysis Report by Product (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), by Region and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electric Passenger Cars Market Size, Share & Trends Analysis Report by Product (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), by Region and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global electric passenger cars market size is expected to reach USD 1.04 trillion by 2028, growing at a anticipated CAGR of 32.5% from 2021 to 2028.
  • The cost of electric vehicle batteries has been declining over the past few years owing to the mass-scale production of electric vehicle batteries and technological advancements.
  • Chapter 3 Electric Passenger Cars Market Variables, Trends & Scope
    3.6 Electric Passenger Cars - Top Selling Models, By Brand
    3.9 Electric Passenger Cars Market: Key Company Analysis, 2020
    Chapter 4 Electric Passenger Cars Market: Product Segment Analysis
    4.1 Electric Passenger Cars Market: By Product Segment Outlook & Market Share 2020 and 2028
    Chapter 5 Electric Passenger Cars Market: Regional Segment Analysis
    5.1 Electric Passenger Cars Market: Regional Outlook & Market Share 2020 and 2028

Global Off-highway Vehicle Industry Outlook Report 2021-2022 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 28, 2021
Automotive, Other Automotive, Manufacturing, Agriculture, Natural Resources, Other Manufacturing, Energy policy, Electric vehicles

The "Global Off-highway Vehicle Industry Outlook, 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Off-highway Vehicle Industry Outlook, 2021" report has been added to ResearchAndMarkets.com's offering.
  • This research includes insights into current trends in the off-highway vehicle industry, including construction, mining, and agriculture.
  • This is a comprehensive report on regional trends and market demands for the year 2021 and events that are to unfold in 2022 and beyond.
  • This research has been updated with the most recent events (until mid-2021).

Fisker to Take Investment Position and Create Strategic Partnership in Allego, a Leading Pan-European Electric Vehicle Charging Network

Retrieved on: 
Wednesday, July 28, 2021
Hardware, Automotive Manufacturing, Alternative energy, Energy, Manufacturing, Alternative Vehicles, Fuels, Technology, Performance & Special Interest, Environment, General Automotive, Automotive, Software, Other Energy, Internet, Utilities, Mobile, Wireless, Transport, Car classifications, Henrik Fisker, Cars, Electric vehicles, Full-size vehicles, Luxury vehicles, Sports sedans, Fisker Karma, Charging station, Electric vehicle charging network, Electric vehicle

Fisker is the exclusive electric vehicle automaker in the PIPE and, in parallel, has agreed to terms on a strategic partnership to deliver a range of charging options for its customers in Europe.

Key Points: 
  • Fisker is the exclusive electric vehicle automaker in the PIPE and, in parallel, has agreed to terms on a strategic partnership to deliver a range of charging options for its customers in Europe.
  • "Allego has been a long-standing pioneer in the push to create a seamless pan-European electric vehicle charging network," said Fisker Chairman and CEO, Henrik Fisker.
  • Through the Fisker-Allego partnership announced today, the two companies are collaborating on offering electric vehicle charging and related services across multiple European markets.
  • Allegos charging network includes fast, ultra-fast and AC charging solutions delivered through either owned or operated public charging networks, in addition to charging solutions for B2B customers.