Electric vehicles

Allego, a Leading Pan-European EV Charging company, to Become a Publicly Traded Company through a Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III

Retrieved on: 
Wednesday, July 28, 2021

Allego Holding B.V. (Allego or the Company), a leading pan-European electric vehicle charging network, today announced a business combination with Spartan Acquisition Corp. III (Spartan) (NYSE: SPAQ), a publicly-listed special purpose acquisition company.

Key Points: 
  • Allego Holding B.V. (Allego or the Company), a leading pan-European electric vehicle charging network, today announced a business combination with Spartan Acquisition Corp. III (Spartan) (NYSE: SPAQ), a publicly-listed special purpose acquisition company.
  • The transaction will create a leading publicly traded pan-European electric vehicle (EV) charging company.
  • The combination of a high urbanization rate and a scarcity of in-home parking means European EV drivers require fast, public EV charging locations that provide reliable and convenient charging.
  • The proceeds from the business combination will be used to fund EV station capex and for general corporate purposes.

Indoor EV Festival Electrifies Summer Auto Show

Retrieved on: 
Wednesday, July 28, 2021

"With interest in EVs growing every day, we wanted to help consumers new to electrics transition easily.

Key Points: 
  • "With interest in EVs growing every day, we wanted to help consumers new to electrics transition easily.
  • The test tracks are designed to excite and inspire as well as remove any pre-conceived notions about electric vehicle ownership,"said Auto Show chairman, John LaSorsa.
  • "The test tracks give attendees the opportunity to get up close and personal with a variety of electric vehicles.
  • The Show's EV Hall includes exhibitors and partners from home and mobile charging stations to infrastructure solutions.

Lordstown Motors Announces Timing of Second Quarter 2021 Financial Results and Webcast

Retrieved on: 
Wednesday, July 28, 2021

LORDSTOWN, Ohio, July 28, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors), a leader in electric light duty trucks focused on the commercial fleet market, today announced that it will release its second quarter 2021 financial results after market close on August 11, 2021.

Key Points: 
  • LORDSTOWN, Ohio, July 28, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors), a leader in electric light duty trucks focused on the commercial fleet market, today announced that it will release its second quarter 2021 financial results after market close on August 11, 2021.
  • The call can be accessed via a live webcast accessible on the Events page of Lordstown Motors Investor Relations website at https://investor.lordstownmotors.com/ .
  • An archive of the webcast will be available shortly after the call.
  • Lordstown Motors is an Ohio-based original equipment manufacturer of light duty fleet vehicles created with the purpose of transforming Ohio's Mahoning Valley and Lordstown, Ohio into the epicenter of electric-vehicle manufacturing.

Kelley Blue Book Names Best Affordable Used Hybrids, Electric Vehicles for 2021

Retrieved on: 
Wednesday, July 28, 2021

To help car shoppers considering an affordable used hybrid or electric vehicle, the experts at Kelley Blue Book recently published the 10 Best Used Hybrids and EVs Under $20,000 and the 10 Best Used Hybrids and EVs Under $15,000 .

Key Points: 
  • To help car shoppers considering an affordable used hybrid or electric vehicle, the experts at Kelley Blue Book recently published the 10 Best Used Hybrids and EVs Under $20,000 and the 10 Best Used Hybrids and EVs Under $15,000 .
  • "One of the most underrated deals is to buy a used hybrid, plug-in hybrid, or all-electric vehicle," said Matt DeLorenzo, senior managing editor for Kelley Blue Book.
  • For more information about Kelley Blue Book's 10 Best Hybrids and EVs Under $20,000 for 2021, including detailed editorial commentary about each vehicle, photos, pricing details and more, visit https://www.kbb.com/best-cars/top-10-best-used-hybrid-and-electric-cars-... .
  • For more information about Kelley Blue Book's 10 Best Hybrids and EVs Under $15,000 for 2021, including detailed editorial commentary about each vehicle, photos, pricing details and more, visit https://www.kbb.com/best-cars/best-used-hybrid-and-electric-cars-under-1... .

Blink Charging Awarded Grant Funds for the Deployment of DC Fast Chargers at 25 Locations by the State of Florida

Retrieved on: 
Tuesday, July 27, 2021

Miami Beach, FL, July 27, 2021 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that it has been awarded Phase 2 grants from the Florida Department of Environmental Protection (DEP) to deploy DC fast charging stations. The 25 sites, featuring a total of 52 DC fast chargers, will be located in high-traffic areas along Florida’s major interstate highways, increasing access to EV charging for residents and travelers and strengthening the state’s resilience measures. This project is designed to provide fast charging opportunities across the state’s evacuation routes in the event of natural disasters.

Key Points: 
  • This project is designed to provide fast charging opportunities across the states evacuation routes in the event of natural disasters.
  • With 25 sites, Blink was awarded nearly 80 percent of all available sites, bringing the companys total grant award up to $12.5 million.
  • As the EV market rapidly accelerates, we are continuing to expand our DC fast charging footprint across the nation to provide the fast charging infrastructure required for the electric mobility transformation.
  • Blinks 25 DC fast charging locations include:

Ideal Power Signs B-TRAN™ Sampling Agreement for Electric Vehicle Charging Application

Retrieved on: 
Tuesday, July 27, 2021

This represents Ideal Powers second sampling agreement in the EV space and its first in the 2.1 million unit global EV charging station market.

Key Points: 
  • This represents Ideal Powers second sampling agreement in the EV space and its first in the 2.1 million unit global EV charging station market.
  • Ideal Powers patented semiconductor power switch, the Bi-directional Bipolar Junction Transistor, or B-TRAN, reduces power losses by 50% or more over conventional power switches, depending on the application.
  • Ideal Power (NASDAQ: IPWR) is pioneering the development of its broadly patented bi-directional power switches, creating highly efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center and other industrial and military applications.
  • Ideal Power disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.

Stop & Shop Partners with Volta Charging to Provide Electric Vehicle Fueling Stations to Shoppers at No Cost

Retrieved on: 
Tuesday, July 27, 2021

Stop & Shop is among the first in the Northeast to partner with Volta Charging, an industry leader in electric vehicle charging networks.

Key Points: 
  • Stop & Shop is among the first in the Northeast to partner with Volta Charging, an industry leader in electric vehicle charging networks.
  • Currently, Volta charging stations can be found outside Stop & Shop stores located in East Brunswick, NJ; Walpole, MA; Morris Plains, NJ; Willimantic, CT; and Pawtucket, RI.
  • Stop & Shop is expected to launch 50 additional Volta charging stations across its five states in the Northeast by the end of 2021.
  • Were thrilled to partner with Volta Charging and offer our customers the benefit of electric vehicle charging at no cost, said Gordon Reid, President of Stop & Shop.

EVgo and the City of Santa Monica Add New Fast Charging Infrastructure

Retrieved on: 
Tuesday, July 27, 2021

(NASDAQ: EVGO), the nations largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, announced today the recent installation of eight new EVgo public fast chargers for Lot 29, located at 1654 5th Street in Santa Monica, California.

Key Points: 
  • (NASDAQ: EVGO), the nations largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, announced today the recent installation of eight new EVgo public fast chargers for Lot 29, located at 1654 5th Street in Santa Monica, California.
  • View the full release here: https://www.businesswire.com/news/home/20210727006131/en/
    (left to right): Ariana Vito, Sustainability Analyst, Transportation Electrification of City of Santa Monica, Hannon Rasool, Deputy Director of California Energy Commissions (CEC) Fuel & Transportation Division, Cathy Zoi, CEO of EVgo, Sue Himmelrich, City of Santa Monica Mayor, and Aaron Wolff, Manager, EV Charging & Infrastructure for General Motors (Photo: Business Wire)
    The new EVgo chargers will provide zero-emission charging through EVgos network, supporting the City of Santa Monicas Electric Vehicle Action Plan .
  • Today, there are 150 City-owned public EV charge ports in Santa Monica, all of which are Level 2 chargers, with more planned throughout the City as part of the Santa Monica EV Action Plan.
  • The new EVgo chargers are Level 3, or DC fast charging (DCFC), and can provide a full charge in 15-45 minutes.

EVPassport Unveils 5G-Powered EV Charger for Large EV Fleets

Retrieved on: 
Tuesday, July 27, 2021

The powerful combination of Verizon’s 5G Ultra Wideband network and mobile edge compute allowed EVPassport to reduce latency in charging sessions by more than 50% and orchestrate chargers in real-time to rebalance load based on EV charging levels -- enabling the ability to automatically prioritize power to vehicles with lower charges. Combining 5G technology with EVPassport’s seamless charging experience, large EV fleets and consumer-facing brands can now deliver faster and more reliable power to their drivers.

Key Points: 
  • EVPassport installed three Level 2 chargers at Newlab in the Brooklyn Navy Yard to demonstrate the company's ability to provide the fastest, simplest and most reliable charging solutions for EV fleets.
  • Combining 5G technology with EVPassports seamless charging experience, large EV fleets and consumer-facing brands can now deliver faster and more reliable power to their drivers.
  • I cant wait to see what EVPassport does next to raise the bar even higher for how EV charging should work.
  • For more information, follow EVPassport on Twitter ( @EVPassport ), Instagram ( @EVPassport ) and LinkedIn , or visit www.EVPassport.com .

FreeWire Expands Board of Directors and Appoints New Director of European Market Development and New VP of Advanced Technologies, to Strengthen Leading Position in Ultrafast Electric Vehicle Charging Market

Retrieved on: 
Tuesday, July 27, 2021

FreeWire continues to attract leaders with diverse skillsets from world-class companies like Ascent Solar, Micron and our partner bp, said Arcady Sosinov, CEO of FreeWire.

Key Points: 
  • FreeWire continues to attract leaders with diverse skillsets from world-class companies like Ascent Solar, Micron and our partner bp, said Arcady Sosinov, CEO of FreeWire.
  • Craig, Martin, and John bring decades of senior leadership experience and strong track records from leading energy, technology and transportation companies.
  • These new additions to our senior leadership team will play a crucial role in the execution of our long-term strategy.
  • With its best in class battery-integrated ultrafast charging technology, FreeWire is well-positioned to lead the EV charging market, Bax said.